Kopp Family Office, LLC

Key Holdings

The top five positions are all ETFs, which dominate the portfolio's risk profile due to their sheer size:

1. VEA (Vanguard Tax-Managed Intl) - 18.69%: A new position and the largest holding, providing exposure to developed international markets (ex-US).
2. RSP (Invesco S&P 500 Equal Weight) - 13.15%: This holding was increased by 35.2%. Unlike market-cap weighted indices, RSP offers equal weight to all S&P 500 companies, reducing concentration risk among mega-cap tech stocks and favoring mid-cap exposure.
3. IJH (iShares Core S&P Mid-Cap) - 11.73%: A new position providing targeted exposure to US mid-cap equities.
4. VWO (Vanguard Emerging Markets) - 11.25%: A new position offering exposure to emerging market equities.
5. AGG (iShares Core U.S. Aggregate Bond) - 11.05%: A new position representing the portfolio's fixed income allocation, likely serving as a stabilizer and hedge against equity volatility.