tru Independence LLC — 13F Holdings & Portfolio
CIK 1785445 · latest 13F-HR filed 2026-08-10
tru Independence LLC manages $228.7M in 13F-reported U.S. long-equity assets across 108 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFAC (10.37%), RDVY (9.24%), FBND (8.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions and exited 2; 68 existing positions rose in reported value and 12 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$228.7M
Long-equity book
Holdings
108
Distinct positions
Period
2026-06-30
Filed 2026-08-10
Q/Q Activity
+8 / −2 / ↑68 / ↓12
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26DFAC10.4% · +1%RDVY9.2% · +1%FBND8.7% · +10%FTCS8.2% · +8%DFAI7.0% · +1%QGRW5.7% · -2%CGGR4.6% · +4%AAPL4.5% · +0%HGER3.2% · +6%XC3.0% · +6%AIRR3.0% · +0%FESM2.6% · -7%INCO2.4% · +7%HISF1.5% · +7%VGT1.4% · +672%IVV1.3% · -2%JAAA1.2% · +6%MSFT1.2% · -0%BRK.B1.0% · -1%SPYM0.6% · -1%VTI0.6% · +0%FVD0.5% · -7%SDVY0.5% · -1%NVDA0.5% · +3%JPM0.5% · -15%AMZN0.5% · +1%BAC0.5% · -3%DFUV0.4% · +0%VTV0.4% · +0%MCD0.4% · +1%CGBL0.4% · +4%IEMG0.4% · -5%IVW0.4% · -2%FDL0.4% · -0%GOOGL0.4% · +2%EFA0.3% · -0%IEFA0.3% · -7%DUHP0.3% · -12%COF0.3% · +0%CGUS0.3% · -4%CGXU0.3% · 0%META0.3% · +1%VOO0.3% · +1%DFAE0.3% · -4%AVGO0.3% · +1%VIS0.2% · -0%GOOG0.2% · 0%XLY0.2% · -7%XLV0.2% · -10%DFAU0.2% · 0%QQEW0.2% · -1%VUG0.2% · +500%WFC0.2% · -2%VFH0.2% · +0%LLY0.2% · +1%RSP0.2% · +0%QQQ0.2% · -3%XLI0.2% · +0%VIG0.2% · +0%LMT0.2% · -0%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 64.4%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Aug 26, 2026.
Assets Under Management
$336.9M
Discretionary
$336.9M
Employees
24
Accounts
1,059
Address
15350 SW SEQUOIA PARKWAY
SUITE 250
PORTLAND, OR 97224
SUITE 250
PORTLAND, OR 97224
Phone
(971) 371-3444
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| Miller, Kevin, Joseph Control | CHIEF LEGAL OFFICER / BOARD MEMBER since May 2024 | Less than 5% | Individual |
| SANCTUARY WEALTH GROUP LLC Control | SOLE MEMBER since May 2024 | 75% or more | Domestic Entity |
| Sizemore, Stacy, Leigh Control | CHIEF COMPLIANCE OFFICER since May 2019 | Less than 5% | Individual |
| Vaughan, David Control | CHIEF FINANCIAL OFFICER / BOARD MEMBER since May 2024 | Less than 5% | Individual |
| WALTER, ROBERT, ALAN Control | BOARD MEMBER since May 2024 | Less than 5% | Individual |
| AZ US HOLDINGS INC. Control Indirect owner via SANCTUARY WEALTH GROUP LLC | MEMBER - CLASS A UNITS since May 2024 | 50–75% | Domestic Entity |
| AZIMUT HOLDINGS S.P.A. Control Indirect owner via AZIMUT UK HOLDINGS LTD. | OWNER since May 2024 | 75% or more | Foreign Entity |
| AZIMUT UK HOLDINGS LTD. Control Indirect owner via AZ US HOLDINGS INC. | OWNER since May 2024 | 75% or more | Foreign Entity |
Ownership & leadership changes · 12 filings with changes since Oct 24, 2013
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jun 2, 2024 filing
- No longer listedBEATTY, DAVID, LEE · MANAGING MEMBER · 50–75% · indirect via ENTWOOD HOLDINGS, LLC · control person · listed since Nov 2019
- No longer listedENTWOOD HOLDINGS, LLC · MANAGING MEMBER · 25–50% · indirect via TRU INDEPENDENCE, LLC · control person · listed since Nov 2019
- No longer listedSTUVLAND, CRAIG, PATRICK · MANAGING MEMBER, PRESIDENT, CEO · 50–75% · indirect via TRU INDEPENDENCE, LLC · control person · listed since May 2014
- No longer listedTRU INDEPENDENCE, LLC · MEMBER · 75% or more · control person · listed since Mar 2015
- AddedAZ US HOLDINGS INC. · MEMBER - CLASS A UNITS · 50–75% · indirect via SANCTUARY WEALTH GROUP LLC · control person
- AddedAZIMUT HOLDINGS S.P.A. · OWNER · 75% or more · indirect via AZIMUT UK HOLDINGS LTD. · control person
- AddedAZIMUT UK HOLDINGS LTD. · OWNER · 75% or more · indirect via AZ US HOLDINGS INC. · control person
- AddedMiller, Kevin, Joseph · CHIEF LEGAL OFFICER / BOARD MEMBER · Less than 5% · control person
- AddedSANCTUARY WEALTH GROUP LLC · SOLE MEMBER · 75% or more · control person
- AddedVaughan, David · CHIEF FINANCIAL OFFICER / BOARD MEMBER · Less than 5% · control person
- AddedWALTER, ROBERT, ALAN · BOARD MEMBER · Less than 5% · control person
Jun 9, 2022 filing
- No longer listedDILWORTH, JAMES, KENDALL · MANAGING MEMBER · 50–75% · indirect via ENTWOOD HOLDINGS, LLC · control person · listed since Nov 2019
Sep 4, 2020 filing
- ChangedENTWOOD HOLDINGS, LLC · indirect via TRU INDEPENDENCE, LLC: ownership 50–75% → 25–50%
- ChangedSTUVLAND, CRAIG, PATRICK · indirect via TRU INDEPENDENCE, LLC: ownership 75% or more → 50–75%
Aug 21, 2020 filing
- ChangedSTUVLAND, CRAIG, PATRICK · indirect via TRU INDEPENDENCE, LLC: ownership 50–75% → 75% or more
May 7, 2020 filing
- No longer listedBEATTY, DAVID, LEE · MANAGING MEMBER · General partner, trustee or manager · indirect via TRU INDEPENDENCE, LLC · control person · listed since Nov 2019
- No longer listedDILWORTH, JAMES, KENDALL · MANAGING MEMBER · General partner, trustee or manager · indirect via TRU INDEPENDENCE, LLC · control person · listed since Nov 2019
- AddedBEATTY, DAVID, LEE · MANAGING MEMBER · 50–75% · indirect via ENTWOOD HOLDINGS, LLC · control person
- AddedDILWORTH, JAMES, KENDALL · MANAGING MEMBER · 50–75% · indirect via ENTWOOD HOLDINGS, LLC · control person
- ChangedENTWOOD HOLDINGS, LLC · indirect via TRU INDEPENDENCE, LLC: ownership 25–50% → 50–75%
- ChangedSTUVLAND, CRAIG, PATRICK · indirect via TRU INDEPENDENCE, LLC: ownership 75% or more → 50–75%
Dec 26, 2019 filing
- No longer listedENTWOOD HOLDINGS, LLC · MEMBER · 50–75% · control person · listed since Nov 2019
- No longer listedSTUVLAND, CRAIG, PATRICK · CHIEF EXECUTIVE OFFICER · 75% or more · control person · listed since Mar 2015
- AddedBEATTY, DAVID, LEE · MANAGING MEMBER · General partner, trustee or manager · indirect via TRU INDEPENDENCE, LLC · control person
- AddedDILWORTH, JAMES, KENDALL · MANAGING MEMBER · General partner, trustee or manager · indirect via TRU INDEPENDENCE, LLC · control person
- AddedENTWOOD HOLDINGS, LLC · MANAGING MEMBER · 25–50% · indirect via TRU INDEPENDENCE, LLC · control person
- ChangedSTUVLAND, CRAIG, PATRICK · indirect via TRU INDEPENDENCE, LLC: ownership 50–75% → 75% or more
Dec 17, 2019 filing
- No longer listedTRU INDEPENDENCE, LLC · MEMBER · 75% or more · control person · listed since Mar 2015
- AddedENTWOOD HOLDINGS, LLC · MEMBER · 50–75% · control person
- AddedTRU INDEPENDENCE, LLC · MEMBER · 75% or more · control person
- Listed againSTUVLAND, CRAIG, PATRICK · CHIEF EXECUTIVE OFFICER · 75% or more · control person
May 16, 2019 filing
- No longer listedCASTLEMAN, MEGAN, LOUISE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Dec 2014
- AddedSizemore, Stacy, Leigh · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 25, 2015 filing
- No longer listedPENN, JAY, WILLIAM · MEMBER · 10–25% · control person · listed since May 2014
- No longer listedSTUVLAND, CRAIG, PATRICK · MANAGING MEMBER, PRESIDENT, CEO · 75% or more · control person · listed since May 2014
- AddedSTUVLAND, CRAIG, PATRICK · MANAGING MEMBER, PRESIDENT, CEO · 50–75% · indirect via TRU INDEPENDENCE, LLC · control person
- AddedTRU INDEPENDENCE, LLC · MEMBER · 75% or more · control person
Jan 2, 2015 filing
- AddedCASTLEMAN, MEGAN, LOUISE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedSTUVLAND, CRAIG, PATRICK · title CHIEF COMPLIANCE OFFICER AND MANAGING MEMBER → MANAGING MEMBER, PRESIDENT, CEO
Older changes (3 more filings)
Jun 3, 2014 filing
- No longer listedWARLICK, ERIC, DANIEL · MEMBER · 5–10% · control person · listed since May 2014
May 5, 2014 filing
- No longer listedFLOOD, KEITH, OWEN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since May 2013
- No longer listedINTERIM HOLDINGS, LLC · MEMBER · 75% or more · control person · listed since Jul 2013
- No longer listedPKS HOLDINGS, LLC · MANAGING MEMBER · 75% or more · indirect via PRO TEM HOLDINGS, LLC · control person · listed since Apr 2013
- No longer listedPRO TEM HOLDINGS, LLC · MANAGER · Less than 5% · control person · listed since Jul 2013
- No longer listedPURCELL, JOHN, PETER · MEMBER · 25–50% · indirect via PKS HOLDINGS, LLC · control person · listed since Dec 1995
- No longer listedSTAFF, MICHAEL, THEODORE · MEMBER · 25–50% · indirect via PKS HOLDINGS, LLC · control person · listed since Dec 1995
- AddedPENN, JAY, WILLIAM · MEMBER · 10–25% · control person
- AddedSTUVLAND, CRAIG, PATRICK · CHIEF COMPLIANCE OFFICER AND MANAGING MEMBER · 75% or more · control person
- AddedWARLICK, ERIC, DANIEL · MEMBER · 5–10% · control person
Oct 24, 2013 filing (earliest on record)
- ListedFLOOD, KEITH, OWEN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ListedINTERIM HOLDINGS, LLC · MEMBER · 75% or more · control person
- ListedPKS HOLDINGS, LLC · MANAGING MEMBER · 75% or more · indirect via PRO TEM HOLDINGS, LLC · control person
- ListedPRO TEM HOLDINGS, LLC · MANAGER · Less than 5% · control person
- ListedPURCELL, JOHN, PETER · MEMBER · 25–50% · indirect via PKS HOLDINGS, LLC · control person
- ListedSTAFF, MICHAEL, THEODORE · MEMBER · 25–50% · indirect via PKS HOLDINGS, LLC · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- FIRST TR EXCHANGE TRADED FD$3.5M +20.2%
- DIMENSIONAL ETF TRUST$3.2M +15.6%
- WISDOMTREE TR$2.3M +21.7%
- CAPITAL GROUP GROWTH ETF$1.9M +22.4%
- FIDELITY MERRIMACK STR TR$1.8M +10.2%
Top Trims
- MCDONALDS CORP-$129.0K -11.9%
- LOCKHEED MARTIN CORP-$85.7K -15.9%
- EXXON MOBIL CORP-$74.6K -15.3%
- PROSHARES TR-$71.4K -14.3%
- JPMORGAN CHASE & CO-$69.4K -5.6%
New Positions
- INTEL CORP$402.2K
- CISCO SYS INC$252.8K
- WEST PHARMACEUTICAL SVSC INC$233.3K
- SCHWAB STRATEGIC TR$220.1K
- FIRST TR EXCHNG TRADED FD VI$216.2K
tru Independence LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | DFAC | 25434V708 | $23.7M | 10.37% | 534,791 | SH |
| 2 | FIRST TR EXCHANGE TRADED FD | RDVY | 33738R506 | $21.1M | 9.24% | 260,568 | SH |
| 3 | FIDELITY MERRIMACK STR TR | FBND | 316188309 | $19.8M | 8.67% | 435,727 | SH |
| 4 | FIRST TR EXCHANGE-TRADED FD | FTCS | 33733E104 | $18.7M | 8.18% | 199,170 | SH |
| 5 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $16.0M | 7.00% | 387,793 | SH |
| 6 | WISDOMTREE TR | QGRW | 97717Y477 | $12.9M | 5.66% | 196,015 | SH |
| 7 | CAPITAL GROUP GROWTH ETF | CGGR | 14020G101 | $10.6M | 4.62% | 223,661 | SH |
| 8 | APPLE INC | AAPL | 037833100 | $10.3M | 4.48% | 35,424 | SH |
| 9 | HARBOR ETF TRUST | HGER | 41151J505 | $7.2M | 3.16% | 246,510 | SH |
| 10 | WISDOMTREE TR | XC | 97717Y535 | $6.9M | 3.03% | 218,648 | SH |
| 11 | FIRST TR EXCHANGE TRADED FD | AIRR | 33738R704 | $6.9M | 3.02% | 51,864 | SH |
| 12 | FIDELITY COVINGTON TRUST | FESM | 31609A206 | $5.9M | 2.59% | 122,579 | SH |
| 13 | COLUMBIA ETF TR II | INCO | 19762B707 | $5.4M | 2.38% | 91,235 | SH |
| 14 | FIRST TR EXCHANGE-TRADED FD | HISF | 33739Q309 | $3.4M | 1.47% | 76,080 | SH |
| 15 | VANGUARD WORLD FD | VGT | 92204A702 | $3.1M | 1.36% | 25,996 | SH |
| 16 | ISHARES TR | IVV | 464287200 | $3.0M | 1.32% | 4,017 | SH |
| 17 | JANUS DETROIT STR TR | JAAA | 47103U845 | $2.8M | 1.25% | 56,398 | SH |
| 18 | MICROSOFT CORP | MSFT | 594918104 | $2.7M | 1.20% | 7,338 | SH |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $2.4M | 1.04% | 4,736 | SH |
| 20 | SPDR SERIES TRUST | SPYM | 78464A854 | $1.5M | 0.65% | 16,834 | SH |
| 21 | VANGUARD INDEX FDS | VTI | 922908769 | $1.3M | 0.55% | 3,426 | SH |
| 22 | FIRST TR EXCHANGE-TRADED FD | FVD | 33734H106 | $1.3M | 0.55% | 26,030 | SH |
| 23 | FIRST TR EXCHANGE TRADED FD | SDVY | 33741X102 | $1.2M | 0.55% | 28,915 | SH |
| 24 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.2M | 0.52% | 5,975 | SH |
| 25 | JPMORGAN CHASE & CO | JPM | 46625H100 | $1.2M | 0.51% | 3,562 | SH |
| 26 | AMAZON COM INC | AMZN | 023135106 | $1.1M | 0.47% | 4,514 | SH |
| 27 | BANK OF AMER CORP | BAC | 060505104 | $1.1M | 0.46% | 18,645 | SH |
| 28 | DIMENSIONAL ETF TRUST | DFUV | 25434V724 | $1.0M | 0.44% | 18,490 | SH |
| 29 | VANGUARD INDEX FDS | VTV | 922908744 | $1.0M | 0.44% | 4,662 | SH |
| 30 | MCDONALDS CORP | MCD | 580135101 | $955.8K | 0.42% | 3,536 | SH |
| 31 | CAPITAL GROUP CORE BALANCED | CGBL | 14021D107 | $955.2K | 0.42% | 25,162 | SH |
| 32 | ISHARES INC | IEMG | 46434G103 | $890.7K | 0.39% | 10,752 | SH |
| 33 | ISHARES TR | IVW | 464287309 | $863.8K | 0.38% | 6,281 | SH |
| 34 | FIRST TR EXCHANGE-TRADED FD | FDL | 336917109 | $831.3K | 0.36% | 17,084 | SH |
| 35 | ALPHABET INC | GOOGL | 02079K305 | $830.4K | 0.36% | 2,324 | SH |
| 36 | ISHARES TR | EFA | 464287465 | $756.0K | 0.33% | 7,277 | SH |
| 37 | ISHARES TR | IEFA | 46432F842 | $737.6K | 0.32% | 7,637 | SH |
| 38 | DIMENSIONAL ETF TRUST | DUHP | 25434V831 | $730.6K | 0.32% | 17,507 | SH |
| 39 | CAPITAL ONE FINL CORP | COF | 14040H105 | $641.8K | 0.28% | 3,199 | SH |
| 40 | CAPITAL GROUP CORE EQUITY ET | CGUS | 14020V108 | $636.1K | 0.28% | 14,301 | SH |
| 41 | CAPITAL GROUP INTL FOCUS EQT | CGXU | 14019W109 | $623.6K | 0.27% | 18,014 | SH |
| 42 | META PLATFORMS INC | META | 30303M102 | $622.8K | 0.27% | 1,106 | SH |
| 43 | VANGUARD INDEX FDS | VOO | 922908363 | $608.1K | 0.27% | 885 | SH |
| 44 | DIMENSIONAL ETF TRUST | DFAE | 25434V302 | $589.6K | 0.26% | 14,664 | SH |
| 45 | BROADCOM INC | AVGO | 11135F101 | $580.8K | 0.25% | 1,538 | SH |
| 46 | VANGUARD WORLD FD | VIS | 92204A603 | $555.3K | 0.24% | 1,541 | SH |
| 47 | ALPHABET INC | GOOG | 02079K107 | $553.3K | 0.24% | 1,566 | SH |
| 48 | SELECT SECTOR SPDR TR | XLY | 81369Y407 | $534.1K | 0.23% | 4,554 | SH |
| 49 | SELECT SECTOR SPDR TR | XLV | 81369Y209 | $520.0K | 0.23% | 3,277 | SH |
| 50 | DIMENSIONAL ETF TRUST | DFAU | 25434V104 | $518.3K | 0.23% | 10,028 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | $228.7M | 108 | 0001785445-26-000003 |
| 2026-03-31 | 2026-04-22 | $202.2M | 102 | 0001785445-26-000002 |
| 2025-12-31 | 2026-01-22 | $396.6M | 132 | 0001785445-26-000001 |
Filer Information
Address
15350 SW SEQUOIA PARKWAYSUITE 250
PORTLAND, OR 97224
Phone
(971) 371-3450
Filing Manager
tru Independence LLC
PORTLAND, OR
Signatory
MICHELLE ELDRIDGE
SR. COMPLIANCE OFFICER