DOSSIER · 13F-HR · Q3 2026

Martel Wealth Advisors Inc

$638M in tracked AUM across 58 positions as of Q3 2026.

MW
CIK 0002039437 · last filed Sep 30, 2026
Total AUM
$638M
as of Q3 2026
Holdings
58
—
positions
Whale Score
75
75
strong
Activity
—
no data
changes this Q
AI Analysis · Q3 2026

Martel Wealth Advisors' $587M Q1 2026 13F is a textbook diversification portfolio built primarily from low-cost Vanguard, iShares, and Schwab ETFs across U.S. equities, international equities, emerging markets, Treasury bonds, muni bonds, and preferred securities. Single stocks at the margin — Amazon, Microsoft, Apple, Nvidia, Chevron, Johnson & Johnson, Oracle, Home Depot, and others — appear at token sizes under 0.5% each and represent the residual limit of what an RIA model can express through individual names before crossing into unsystematic risk. The quarter brought no structural changes: six ETF share counts were reduced slightly and six minor single-stock positions were sold (Nvidia, Cisco, Emerson, Trimble, Progressive, Accenture), with six new single-stock token positions entered (Chevron, Alphabet, ONEOK, JNJ, Enterprise Products, SomniGroup). The portfolio is doing exactly what it was designed to do — deliver diversified market exposure at institutional cost with minimal manager-added risk.

Three positions explain most of the portfolio's risk: Vanguard Short-Term Corporate Bond ETF (VCRB) at $122.3M, Vanguard High Dividend Yield ETF (VYM) at $108.9M, and Vanguard Growth ETF (VUG) at $102.7M. Together, these three funds account for 57% of assets and deliver exposure to investment-grade corporate credit, U.S. dividend-paying large caps, and U.S. large-cap growth at a combined breadth of roughly 1,200 underlying holdings. The fixed-income sleeve — VCRB plus Vanguard Short-Term Bond ETF (BSV) at $73.6M — represents 25% of the portfolio and anchors duration in a 2-3 year range. International exposure is entirely ETF-based: IEFA (developed markets), IEMG (emerging markets), and VEA (developed markets ex-US) total $35.1M. High-yield bond ETFs (HYLB, SPHY) and emerging-market dollar bond ETF (EMB) provide credit exposure without single-issuer concentration.

Single Stocks at the Margin
Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
VUG
VANGUARD INDEX FDS
$133M1.5M20.9%
02
VCRB
VANGUARD MALVERN FDS
$130M1.8M20.4%
03
VYM
VANGUARD WHITEHALL FDS
$118M759K18.5%
04
BSV
VANGUARD BD INDEX FDS
$81M1.1M12.7%
05
IEFA
ISHARES TR
$24M247K3.8%
06
VIG
VANGUARD SPECIALIZED FUNDS
$17M74K2.7%
07
SCHG
SCHWAB STRATEGIC TR
$15M431K2.4%
08
SCHV
SCHWAB STRATEGIC TR
$14M434K2.3%
09
MUB
ISHARES TR
$11M107K1.7%
10
VEA
VANGUARD TAX-MANAGED FDS
$11M152K1.7%

Filing history

2026Q3Sep 30
$638M▲ 0.3%
58 positionsView →
2026Q2Jun 30
$636M▲ 8.2%
61 positionsView →
2026Q1Mar 31
$587M▲ 0.3%
73 positionsView →
2025Q4Dec 31
$586M▲ 2.6%
70 positionsView →
2025Q3Sep 30
$571M▲ 5.8%
70 positionsLocked
2025Q2Jun 30
$539M▲ 7.4%
70 positionsLocked
2025Q1Mar 31
$502M▼ 2.0%
69 positionsLocked
2024Q4Dec 31
$512M▲ 4.7%
70 positionsLocked
2024Q3Sep 30
$489M▲ 4.9%
53 positionsLocked
2024Q2Jun 30
$466M▲ 1.1%
53 positionsLocked
2024Q1Mar 31
$461M▲ 4.7%
54 positionsLocked
2023Q4Dec 31
$440M▲ 9.6%
54 positionsLocked
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