DOSSIER · 13F-HR · Q2 2026

Kearns & Associates LLC

$214M in tracked AUM across 41 positions as of Q2 2026.

K&
CIK 0001908695 · last filed Jun 30, 2026
Total AUM
$214M
as of Q2 2026
Holdings
41
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

Comprehensive Analysis of SEC 13F Filing: Kearns & Associates LLC

1. Portfolio Overview

Kearns & Associates LLC has reported a substantial transformation in its investment portfolio for the period ending December 31, 2025. The total portfolio value surged by 1,051%, growing from approximately $16.82 million to $193.57 million. This dramatic increase in assets under management (AUM) is accompanied by a structural overhaul, evidenced by the addition of 27 new positions whi...

The portfolio now consists of 40 holdings, indicating a move toward a highly diversified, passive-investment-oriented strategy. The concentration risk is moderate, with the top 10 positions accounting for approximately 87.9% of the total portfolio value. However, the composition of these top positions suggests a shift away from active stock selection toward broad market exposure, as the top two positions alone comprise nearly 60% of the entire portfolio's value.

2. Key Holdings

The portfolio is dominated by broad-market ETFs, specifically those issued by Vanguard and SPDR, signaling a "core and satellite" approach where the "core" is heavily weighted toward index tracking.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
VTI
VANGUARD INDEX FDS
$65M176K30.5%
02
VOO
VANGUARD INDEX FDS
$62M90K28.9%
03
VEA
VANGUARD TAX-MANAGED FDS
$23M329K10.9%
04
VB
VANGUARD INDEX FDS
$12M39K5.6%
05
VWO
VANGUARD INTL EQUITY INDEX F
$7M125K3.5%
06
SPY
STATE STR SPDR S&P 500 ETF T
$7M9K3.1%
07
AAPL
APPLE INC
$6M21K2.8%
08
G7709Q104
ROYALTY PHARMA PLC
$3M58K1.5%
09
SCHF
SCHWAB STRATEGIC TR
$3M94K1.2%
10
VUG
VANGUARD INDEX FDS
$2M26K1.0%

Filing history

2026Q2Jun 30
$214M 15.2%
41 positionsView →
2026Q1Mar 31
$186M 4.0%
40 positionsView →
2025Q4Dec 31
$194M 2.8%
40 positionsView →
2025Q3Sep 30
$188M 8.0%
42 positionsView →
2025Q2Jun 30
$174M 13.2%
44 positionsLocked
2025Q1Mar 31
$154M 0.4%
42 positionsLocked
2024Q4Dec 31
$155M 2.0%
43 positionsLocked
2024Q3Sep 30
$152M 13.3%
43 positionsLocked
2024Q2Jun 30
$134M 3.7%
42 positionsLocked
2024Q1Mar 31
$129M 10.1%
42 positionsLocked
2023Q4Dec 31
$117M 10.6%
42 positionsLocked
2023Q3Sep 30
$106M 3.9%
43 positionsLocked
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