SC&H Financial Advisors, Inc.

2. Key Holdings

The portfolio is characterized by high concentration in a few large-scale factor-based ETFs, with the top ten positions accounting for roughly 58% of the total portfolio value.

• Dominant Positions: The largest holding is DFAC (Dimensional US Core Equity 2 ETF) at $86.04M (13.31%), followed closely by AVUS (Avantis US Equity ETF) at $70.18M (10.86%). These two positions alone constitute nearly a quarter of the entire portfolio. Both funds are designed to provide broad US equity exposure with specific factor tilts (such as value and profitability), suggesting a foundational strategy of capturing long-term equity premiums.
• Factor & International Exposure: The remaining top holdings are exclusively Dimensional or Avantis ETFs (e.g., DFAU, DFAI, DFUS, DFIC), ranging from 3.7% to 6.1% allocation. These funds target specific segments of the market, including international developed (DFAU), international core (DFAI), and US small-cap value (DFUS).
• Individual Equities: The first individual stock appears at rank 14: Apple Inc. (AAPL) with $11.00M (1.70%), followed by Microsoft (MSFT) at $7.74M (1.20%). While notable, these individual holdings are dwarfed by the ETF allocations, reinforcing the portfolio's structural reliance on fund managers for security selection rather than direct stock picking.