Flagstone Financial Management — 13F Holdings & Portfolio

CIK 1968890 · latest 13F-HR filed 2026-07-21

Flagstone Financial Management manages $447.2M in 13F-reported U.S. long-equity assets across 77 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFUS (28.50%), IGIB (10.03%), SPDW (7.47%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 0, added to 44, and trimmed 8.

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.

Filer Information
Address
5801 HIDCOTE DR. STE 100
LINCOLN, NE 68516
Phone
(402) 413-0440
Filing Manager
Flagstone Financial Management
LINCOLN, NE
Signatory
Aryn Sands
Agent
Loading holdings…
AUM

$447.2M

Long-equity book

Holdings

77

Distinct positions

Period

2026-06-30

Filed 2026-07-21

Q/Q Activity

+6 / −0 / ↑44 / ↓8

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DIMENSIONAL ETF TRUST$18.9M +17.4%
  • SPDR INDEX SHS FDS$3.7M +12.4%
  • AMERICAN CENTY ETF TR$3.0M +14.0%
  • DIMENSIONAL ETF TRUST$2.5M +15.1%
  • AMERICAN CENTY ETF TR$2.0M +13.0%
Show all 44

Top Trims

  • EXXON MOBIL CORP-$264.3K -22.8%
  • PEPSICO INC-$67.6K -12.8%
  • VERIZON COMMUNICATIONS INC-$51.5K -15.5%
  • VANGUARD TAX-MANAGED FDS-$51.2K -12.1%
  • WALMART INC-$30.2K -8.9%
Show all 8

New Positions

  • APPLIED MATLS INC$360.8K
  • SEAGATE TECHNOLOGY HLDNGS PL$352.2K
  • PALO ALTO NETWORKS INC$228.5K
  • VISA INC$221.7K
  • DOMINION ENERGY INC$218.5K
Show all 6

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

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 DFUS 25434V401 $127.4M 28.50% 1,555,365 SH
2 ISHARES TR IGIB 464288638 $44.8M 10.03% 843,498 SH
3 SPDR INDEX SHS FDS SPDW 78463X889 $33.4M 7.47% 662,916 SH
4 SPDR SERIES TRUST SPSB 78464A474 $28.2M 6.31% 940,715 SH
5 SPDR SERIES TRUST SPTI 78464A672 $25.7M 5.75% 905,461 SH
6 AMERICAN CENTY ETF TR AVUV 025072877 $24.4M 5.45% 195,332 SH
7 VANGUARD CHARLOTTE FDS BNDX 92203J407 $24.0M 5.38% 496,358 SH
8 DIMENSIONAL ETF TRUST DFEM 25434V732 $19.4M 4.34% 477,389 SH
9 AMERICAN CENTY ETF TR AVUS 025072885 $16.9M 3.79% 132,214 SH
10 AMERICAN CENTY ETF TR AVDV 025072802 $15.3M 3.42% 148,297 SH
11 VANGUARD INDEX FDS VNQ 922908553 $11.7M 2.61% 120,870 SH
12 PIMCO ETF TR MUNI 72201R866 $9.9M 2.21% 187,771 SH
13 AMERICAN CENTY ETF TR AVEM 025072604 $8.5M 1.90% 88,013 SH
14 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $6.1M 1.35% 12,096 SH
15 AMERICAN CENTY ETF TR AVDE 025072703 $4.5M 1.01% 50,816 SH
16 ISHARES TR MUB 464288414 $3.4M 0.75% 31,197 SH
17 APPLE INC AAPL 037833100 $3.3M 0.74% 11,485 SH
18 DIMENSIONAL ETF TRUST DFSU 25434V716 $2.6M 0.58% 55,686 SH
19 SPDR SERIES TRUST SPTM 78464A805 $2.3M 0.51% 25,023 SH
20 ISHARES TR SUSB 46435G243 $2.2M 0.50% 89,945 SH
21 JPMORGAN CHASE & CO JPM 46625H100 $2.2M 0.49% 6,694 SH
22 MICROSOFT CORP MSFT 594918104 $1.9M 0.43% 5,100 SH
23 US BANCORP USB 902973304 $1.4M 0.32% 23,693 SH
24 DIMENSIONAL ETF TRUST DFSV 25434V815 $1.4M 0.31% 35,430 SH
25 AMERICAN CENTY ETF TR AVRE 025072356 $1.4M 0.31% 29,006 SH
26 DIMENSIONAL ETF TRUST DFAE 25434V302 $1.3M 0.28% 31,426 SH
27 NVIDIA CORPORATION NVDA 67066G104 $1.0M 0.23% 5,043 SH
28 ALPHABET INC GOOG 02079K107 $972.2K 0.22% 2,752 SH
29 DIMENSIONAL ETF TRUST DFSB 25434V674 $901.1K 0.20% 17,292 SH
30 EXXON MOBIL CORP XOM 30231G102 $892.9K 0.20% 6,531 SH
31 WELLS FARGO & CO WFC 949746101 $888.1K 0.20% 10,746 SH
32 DIMENSIONAL ETF TRUST DFSI 25434V690 $886.5K 0.20% 19,656 SH
33 ISHARES TR IWR 464287499 $863.0K 0.19% 7,823 SH
34 VANGUARD INDEX FDS VTI 922908769 $765.1K 0.17% 2,068 SH
35 VANGUARD SPECIALIZED FUNDS VIG 921908844 $754.8K 0.17% 3,190 SH
36 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $748.9K 0.17% 1 SH
37 DEERE & CO DE 244199105 $654.7K 0.15% 1,032 SH
38 VANGUARD SCOTTSDALE FDS VGIT 92206C706 $625.9K 0.14% 10,612 SH
39 AMAZON COM INC AMZN 023135106 $609.7K 0.14% 2,558 SH
40 MASTERCARD INCORPORATED MA 57636Q104 $585.5K 0.13% 1,140 SH
41 DIMENSIONAL ETF TRUST DFSE 25434V682 $564.3K 0.13% 11,545 SH
42 MARKEL GROUP INC MKL 570535104 $550.7K 0.12% 282 SH
43 ISHARES TR IWM 464287655 $528.2K 0.12% 1,758 SH
44 JOHNSON & JOHNSON JNJ 478160104 $484.1K 0.11% 1,906 SH
45 ORACLE CORP ORCL 68389X105 $480.5K 0.11% 3,278 SH
46 DIMENSIONAL ETF TRUST DFAR 25434V823 $471.0K 0.11% 18,004 SH
47 PEPSICO INC PEP 713448108 $460.4K 0.10% 3,400 SH
48 CISCO SYS INC CSCO 17275R102 $417.1K 0.09% 3,551 SH
49 INVESCO QQQ TR QQQ 46090E103 $385.9K 0.09% 524 SH
50 SPDR SERIES TRUST SPIB 78464A375 $385.8K 0.09% 11,531 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-21 $447.2M 77 0001754960-26-000572
2026-03-31 2026-04-27 $402.9M 71 0001754960-26-000338
2025-12-31 2026-02-09 $389.9M 66 0001754960-26-000161