Capstone Wealth Management, LLC

The firm’s approach appears to be "Core-Satellite" in nature, utilizing a heavy weighting of factor-based and index ETFs to establish broad market exposure, while supplementing this with a select roster of high-conviction individual equities. The portfolio is highly liquid, with the top 10 positions accounting for approximately 78.7% of the total assets, suggesting a strong preference for their primary investment vehicles.

2. Key Holdings

The portfolio is dominated by Dimensional ETF Trust products, which occupy 6 of the top 7 spots.

• Top Position: The largest holding is EA SERIES TRUST at $16.51M (12.04%). While the specific strategy of this trust is not detailed in the ticker, its size makes it a critical anchor for the portfolio.
• Dimensional Core: The firm holds substantial positions in Dimensional's factor-based ETFs, including DFAC ($15.51M), DFUS ($14.95M), DFIV ($13.30M), and DFAT ($12.10M). Combined, these four positions alone represent nearly 42% of the entire portfolio. This indicates a strong reliance on systematic investment strategies, likely targeting specific factors such as value, size, or profitability across US and international markets.
• Fixed Income: VGIT (Vanguard Intermediate-Term Treasury ETF) is the top non-equity holding at rank 9 ($4.84M), providing a stabilizing income component.
• Individual Equities: Among individual stocks, Apple Inc. (AAPL) is the standout at rank 14 ($2.37M), making it the largest single stock holding, followed by Microsoft (MSFT) and NVIDIA (NVDA).