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Vernal Point Advisors, LLC — 13F Holdings & Portfolio

CIK 1820363 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Vernal Point Advisors, LLC manages $296.2M in 13F-reported U.S. long-equity assets across 20 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VT (50.59%), VGSH (14.67%), VTI (9.78%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 1; 17 existing positions rose in reported value and 1 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.

Loading holdings…
AUM
$296.2M

Long-equity book

Holdings
20

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+0 / −1 / ↑17 / ↓1

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VT50.6% · +5%VGSH14.7% · +57%VTI9.8% · +2%VGIT5.4% · +18%EMLP5.2% · +20%SHV3.5% · +54%VXUS3.3% · +2%IAU3.3% · 0%AGG0.8% · 0%QQQ0.8% · 0%VWO0.5% · 0%SCHX0.5% · 0%SPY0.5% · 0%VNQ0.4% · 0%SPGM0.2% · 0%SCHF0.1% · 0%IJH0.1% · 0%IVE0.1% · 0%IDV0.1% · 0%IJR0.1% · 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 value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated 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

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 97.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 10, 2026.

Assets Under Management
$3.94B
Discretionary
$2.41B
Employees
25
Accounts
255
Address
235 PINE ST
SUITE 1225
SAN FRANCISCO, CA 94104
Phone
(415) 237-3530
Website
Mailing Address
548 MARKET STREET SUITE 36461, SAN FRANCISCO, CA, 94104
Name Title / Status Ownership Type
GUINNEY, MARK, DAVID ControlMEMBER / CHIEF INVESTMENT OFFICER
since Jan 2024
5–10%Individual
JOHNSON, HEIDI, ANN ControlCHIEF COMPLIANCE OFFICER
since Mar 2017
Less than 5%Individual
MORELLI, PAUL, WILLIAM ControlMANAGING MEMBER
since Jan 2013
50–75%Individual
TURCIK, JOHN, EDWARDMEMBER
since Jan 2023
5–10%Individual
WANG, EVAN, JIANNMEMBER
since Nov 2024
5–10%Individual
Ownership & leadership changes · 11 filings with changes since Feb 3, 2015

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.

Mar 31, 2026 filing
  • No longer listedLEWIS, MICHAEL, JEFFREY · MEMBER · 10–25% · listed since Jan 2018
  • ChangedMORELLI, PAUL, WILLIAM · ownership 75% or more → 50–75%
Mar 31, 2025 filing
  • AddedWANG, EVAN, JIANN · MEMBER · 5–10%
  • ChangedGUINNEY, MARK, DAVID · title CHIEF INVESTMENT OFFICER → MEMBER / CHIEF INVESTMENT OFFICER; ownership Less than 5% → 5–10%
  • ChangedLEWIS, MICHAEL, JEFFREY · ownership 5–10% → 10–25%
Mar 29, 2024 filing
  • No longer listedGOLDSTEIN, KEVIN, BARTHOLOMEW · MEMBER · 10–25% · listed since Jan 2019
  • AddedGUINNEY, MARK, DAVID · CHIEF INVESTMENT OFFICER · Less than 5% · control person
Mar 31, 2023 filing
  • No longer listedSIEVERT, JULIE, AILEEN · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Jan 2022
  • AddedTURCIK, JOHN, EDWARD · MEMBER · 5–10%
Sep 6, 2022 filing
  • No longer listedMACKNIGHT, ELISABETH, MARIE · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Dec 2019
Mar 31, 2022 filing
  • AddedSIEVERT, JULIE, AILEEN · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Mar 30, 2020 filing
  • No longer listedSHIMAMOTO, LEIGH, M · PRINCIPAL · 5–10% · control person · listed since Jun 2015
  • AddedGOLDSTEIN, KEVIN, BARTHOLOMEW · MEMBER · 10–25%
  • AddedLEWIS, MICHAEL, JEFFREY · MEMBER · 5–10%
  • AddedMACKNIGHT, ELISABETH, MARIE · CHIEF OPERATING OFFICER · Less than 5% · control person
Mar 31, 2017 filing
  • No longer listedARMSTRONG, JEREMY, NIEL · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Oct 2014
  • No longer listedFAW, RICHARD, GORDON · CHIEF INVESTMENT OFFICER · Less than 5% · listed since Jul 2015
  • AddedJOHNSON, HEIDI, ANN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedSHIMAMOTO, LEIGH, M · PRINCIPAL · 5–10% · control person
Aug 12, 2015 filing
  • AddedFAW, RICHARD, GORDON · CHIEF INVESTMENT OFFICER · Less than 5%
  • ChangedMORELLI, PAUL, WILLIAM · ownership 50–75% → 75% or more
Jul 18, 2015 filing
  • No longer listedDOUGLAS, ALISSA, CARNOT · MANAGING MEMBER · 25–50% · control person · listed since Jan 2013
Older changes (2 more filings)
Feb 6, 2015 filing
  • ChangedDOUGLAS, ALISSA, CARNOT · title MANAGING PARTNER → MANAGING MEMBER
  • ChangedMORELLI, PAUL, WILLIAM · title MANAGING PARTNER → MANAGING MEMBER
Feb 3, 2015 filing (earliest on record)
  • ListedARMSTRONG, JEREMY, NIEL · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedDOUGLAS, ALISSA, CARNOT · MANAGING PARTNER · 25–50% · control person
  • ListedMORELLI, PAUL, WILLIAM · MANAGING PARTNER · 50–75% · 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)

Show all 17 →

Top Trims

Show all 1 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

Show all 1 →

Vernal Point Advisors, 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 VANGUARD INTL EQUITY INDEX F VT 922042742 $149.8M 50.59% 954,731 SH
2 VANGUARD SCOTTSDALE FDS VGSH 92206C102 $43.4M 14.67% 746,524 SH
3 VANGUARD INDEX FDS VTI 922908769 $29.0M 9.78% 78,259 SH
4 VANGUARD SCOTTSDALE FDS VGIT 92206C706 $16.1M 5.43% 272,570 SH
5 FIRST TR EXCHANGE-TRADED FD EMLP 33738D101 $15.5M 5.23% 356,136 SH
6 ISHARES TR SHV 464288679 $10.3M 3.49% 93,669 SH
7 VANGUARD STAR FDS VXUS 921909768 $9.8M 3.32% 115,083 SH
8 ISHARES GOLD TR IAU 464285204 $9.8M 3.31% 129,807 SH
9 ISHARES TR AGG 464287226 $2.3M 0.77% 23,009 SH
10 INVESCO QQQ TR QQQ 46090E103 $2.2M 0.76% 3,035 SH
11 VANGUARD INTL EQUITY INDEX F VWO 922042858 $1.6M 0.54% 27,023 SH
12 SCHWAB STRATEGIC TR SCHX 808524201 $1.5M 0.49% 49,806 SH
13 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.4M 0.47% 1,844 SH
14 VANGUARD INDEX FDS VNQ 922908553 $1.3M 0.45% 13,805 SH
15 SPDR INDEX SHS FDS SPGM 78463X475 $551.3K 0.19% 6,435 SH
16 SCHWAB STRATEGIC TR SCHF 808524805 $350.1K 0.12% 12,639 SH
17 ISHARES TR IJH 464287507 $333.1K 0.11% 4,320 SH
18 ISHARES TR IVE 464287408 $283.8K 0.10% 1,250 SH
19 ISHARES TR IDV 464288448 $283.6K 0.10% 6,845 SH
20 ISHARES TR IJR 464287804 $282.7K 0.10% 1,906 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $296.2M 20 0001820363-26-000005
2026-03-31 2026-05-14 $246.0M 21 0001820363-26-000003
2025-12-31 2026-02-13 $242.5M 23 0001820363-26-000002
2025-09-30 2025-11-14 $231.9M 22 0001820363-25-000005
Filer Information
Address
235 PINE STREET
SUITE 1225
SAN FRANCISCO, CA 94104
Phone
(415) 463-1014
Filing Manager
Vernal Point Advisors, LLC
San Francisco, CA
Signatory
Heidi Johnson
Chief Compliance Officer