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BWM Planning, LLC — 13F Holdings & Portfolio

CIK 2039698 · latest 13F-HR filed 2026-07-23

Backtest portfolio

BWM Planning, LLC manages $431.2M in 13F-reported U.S. long-equity assets across 141 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VTI (10.94%), AVUV (10.48%), AVNM (7.77%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 15 new positions and exited 3; 62 existing positions rose in reported value and 9 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
$431.2M

Long-equity book

Holdings
141

Distinct positions

Period
2026-06-30

Filed 2026-07-23

Q/Q Activity
+15 / −3 / ↑62 / ↓9

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
VTI11.0% · +6%AVUV10.5% · +3%AVNM7.8% · +7%AVDE5.9% · +1%DFAI5.4% · +2%SCHO4.2% · +6%QVAL3.9% · +4%QMOM3.7% · +2%DFCF3.6% · +9%AAPL3.4% · +3%DFAE3.4% · -1%I:TBTIV2.6% · newHIDE2.5% · +8%IVV2.4% · +2%RSST1.7% · +2%DFAT1.7% · +2%BRK.B1.4% · +2%DISV1.3% · +2%AVEM1.3% · +7%WFC1.2% · +0%SUB1.0% · +12%SPY1.0% · +30%DFAS0.9% · -16%IEFA0.9% · +0%RSBT0.9% · +15%DFUV0.9% · 0%BOXX0.9% · +3%AVDV0.8% · -0%XOM0.8% · -0%DFNM0.8% · +15%PBT0.6% · 0%CVX0.6% · +1%INTC0.6% · +3%DFIV0.5% · 0%JPM0.4% · +12%JNJ0.4% · +7%HD0.4% · +9%DVN0.4% · newDFUS0.4% · 0%SBR0.4% · 0%AVGO0.4% · +2%LLY0.3% · -0%VEU0.3% · 0%WES0.3% · 0%HP0.3% · 0%VOO0.3% · 0%MSFT0.3% · +26%DFGX0.2% · 0%NVDA0.2% · +44%DFGR0.2% · +17%EFV0.2% · +6%PSX0.2% · -45%VSS0.2% · 0%GOOG0.2% · +35%AGG0.2% · 0%CLB0.2% · 0%TSLA0.2% · +2%VEA0.2% · +14%SCHF0.2% · +22%VXUS0.1% · 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

3 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 = 59.4%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 13, 2026.

Assets Under Management
$465.3M
Discretionary
$400.6M
Employees
6
Accounts
358
Address
10000 MEMORIAL DRIVE
SUITE 440
HOUSTON, TX 77024
Phone
(281) 377-3170
Website
Name Title / Status Ownership Type
BROWNLEE, JUSTIN, DOUGLAS ControlOWNER
since Jun 2019
50–75%Individual
Machen, Jared, Michael ControlCHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER
since Sep 2020
10–25%Individual
Matthews, Josh, TaylorPRIVATE WEALTH ASSOCIATE
since Jan 2026
Less than 5%Individual
Steele, Nathan, AndrewASSOCIATE ADVISOR
since Aug 2022
10–25%Individual
Ownership & leadership changes · 4 filings with changes since Mar 29, 2023

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 9, 2026 filing
  • AddedMatthews, Josh, Taylor · PRIVATE WEALTH ASSOCIATE · Less than 5%
Feb 6, 2025 filing
  • ChangedMachen, Jared, Michael · ownership 25–50% → 10–25%
  • ChangedSteele, Nathan, Andrew · ownership Less than 5% → 10–25%
Feb 19, 2024 filing
  • No longer listedROGENMOSER, DAVID, MARTIN · MEMBER · Less than 5% · listed since Jan 2022
  • ChangedMachen, Jared, Michael · ownership 10–25% → 25–50%
Aug 2, 2023 filing
  • AddedSteele, Nathan, Andrew · ASSOCIATE ADVISOR · Less than 5%
  • ChangedMachen, Jared, Michael · now a control person
Mar 29, 2023 filing (earliest on record)
  • ListedBROWNLEE, JUSTIN, DOUGLAS · OWNER · 50–75% · control person
  • ListedMachen, Jared, Michael · CHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER · 10–25%
  • ListedROGENMOSER, DAVID, MARTIN · MEMBER · Less than 5%

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 62 →

Top Trims

Show all 9 →

New Positions

Show all 15 →

Exited Positions

Show all 3 →

BWM Planning, 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 INDEX FDS VTI 922908769 $47.2M 10.94% 127,533 SH
2 AMERICAN CENTY ETF TR AVUV 025072877 $45.2M 10.48% 362,254 SH
3 AMERICAN CENTY ETF TR AVNM 025072174 $33.5M 7.77% 406,514 SH
4 AMERICAN CENTY ETF TR AVDE 025072703 $25.6M 5.95% 287,431 SH
5 DIMENSIONAL ETF TRUST DFAI 25434V203 $23.4M 5.44% 568,312 SH
6 SCHWAB STRATEGIC TR SCHO 808524862 $17.9M 4.16% 743,052 SH
7 EA SERIES TRUST QVAL 02072L102 $16.7M 3.87% 300,787 SH
8 EA SERIES TRUST QMOM 02072L409 $16.1M 3.74% 205,011 SH
9 DIMENSIONAL ETF TRUST DFCF 25434V872 $15.6M 3.63% 370,444 SH
10 DIMENSIONAL ETF TRUST DFAE 25434V302 $14.5M 3.36% 360,278 SH
11 APPLE INC AAPL 037833100 $12.2M 2.82% 42,090 SH
12 PROSHARES TR SPXE 74347B581 $11.2M 2.60% 139,194 SH
13 EA SERIES TRUST HIDE 02072L631 $10.8M 2.51% 453,498 SH
14 ISHARES TR IVV 464287200 $10.3M 2.38% 13,720 SH
15 TIDAL TRUST II RSST 88636J816 $7.5M 1.74% 229,946 SH
16 DIMENSIONAL ETF TRUST DFAT 25434V609 $7.2M 1.66% 102,496 SH
17 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $5.9M 1.38% 11,878 SH
18 DIMENSIONAL ETF TRUST DISV 25434V781 $5.7M 1.33% 142,532 SH
19 AMERICAN CENTY ETF TR AVEM 025072604 $5.5M 1.29% 57,500 SH
20 WELLS FARGO & CO WFC 949746101 $5.0M 1.15% 60,015 SH
21 ISHARES TR SUB 464288158 $4.3M 1.01% 40,832 SH
22 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $4.2M 0.97% 5,609 SH
23 DIMENSIONAL ETF TRUST DFAS 25434V500 $4.0M 0.94% 49,119 SH
24 ISHARES TR IEFA 46432F842 $3.9M 0.90% 40,320 SH
25 TIDAL TRUST II RSBT 88636J105 $3.9M 0.89% 202,643 SH
26 DIMENSIONAL ETF TRUST DFUV 25434V724 $3.7M 0.86% 67,707 SH
27 EA SERIES TRUST BOXX 02072L565 $3.7M 0.86% 31,588 SH
28 AMERICAN CENTY ETF TR AVDV 025072802 $3.5M 0.81% 33,699 SH
29 DIMENSIONAL ETF TRUST DFNM 25434V849 $3.3M 0.77% 68,662 SH
30 EXXON MOBIL CORP XOM 30231G102 $3.2M 0.74% 23,285 SH
31 PERMIAN BASIN RTY TR PBT 714236106 $2.6M 0.61% 104,397 SH
32 CHEVRON CORPORATION CVX 166764100 $2.6M 0.59% 15,428 SH
33 APPLE INC AAPL 037833100 $2.4M 0.57% 8,425 SH
34 INTEL CORP INTC 458140100 $2.4M 0.56% 17,251 SH
35 DIMENSIONAL ETF TRUST DFIV 25434V807 $2.2M 0.51% 41,109 SH
36 JPMORGAN CHASE & CO JPM 46625H100 $1.6M 0.38% 4,982 SH
37 JOHNSON & JOHNSON JNJ 478160104 $1.6M 0.38% 6,403 SH
38 DIMENSIONAL ETF TRUST DFUS 25434V401 $1.6M 0.37% 19,330 SH
39 SABINE RTY TR SBR 785688102 $1.6M 0.37% 21,552 SH
40 DEVON ENERGY CORP NEW DVN 25179M103 $1.6M 0.36% 37,621 SH
41 HOME DEPOT INC HD 437076102 $1.6M 0.36% 4,400 SH
42 VANGUARD INTL EQUITY INDEX F VEU 922042775 $1.4M 0.32% 16,632 SH
43 BROADCOM INC AVGO 11135F101 $1.4M 0.31% 3,583 SH
44 WESTERN MIDSTREAM PARTNERS L WES 958669103 $1.2M 0.29% 28,325 SH
45 ELI LILLY & CO LLY 532457108 $1.2M 0.28% 1,021 SH
46 HELMERICH & PAYNE INC HP 423452101 $1.2M 0.27% 35,211 SH
47 VANGUARD INDEX FDS VOO 922908363 $1.1M 0.26% 1,660 SH
48 DIMENSIONAL ETF TRUST DFGX 25434V575 $944.8K 0.22% 17,628 SH
49 MICROSOFT CORP MSFT 594918104 $936.9K 0.22% 2,512 SH
50 DIMENSIONAL ETF TRUST DFGR 25434V658 $936.9K 0.22% 32,339 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $431.2M 141 0001754960-26-000620
2026-03-31 2026-04-22 $379.1M 118 0001754960-26-000306
2025-12-31 2026-01-14 $374.2M 127 0001754960-26-000044
Filer Information
Address
8111 ASHLANE WAY
SUITE 206
THE WOODLANDS, TX 77382
Phone
(281) 378-7871
Filing Manager
BWM Planning, LLC
THE WOODLANDS, TX
Signatory
Aryn Sands
Agent