Schaeffer Financial LLC

Note on 13F scope: this filing reflects only long positions in 13F-reportable securities (equities and certain ETFs). It omits cash, short positions, options, non-13F assets, and private securities. Those omissions can materially affect inference about total assets or actual risk posture.

Key Holdings

• SPDR INDEX SHS FDS — $18.66M (249K shares) — 91.93% of the portfolio. This is an outsized concentration and is the dominant driver of portfolio performance and risk. The filing labels the sector as “Unknown,” so identifying the exact SPDR product and its underlying exposures is essential (see action items below).
• SPY (SPDR S&P 500 ETF TR) — $710.25K (1K shares) — 3.50% of portfolio. A conventional large-cap S&P 500 equity ETF; provides broad U.S. equity Beta exposure.
• COST (Costco Wholesale Corp) — $456.34K (493 shares) — 2.25% of portfolio. Small single-stock position in consumer defensive / retail warehouse segment.
• JPM (JPMorgan Chase & Co.) — $251.71K (798 shares) — 1.24% of portfolio. Small financial-services exposure via a major bank.
• VCSH (Vanguard Short-Term Corporate Bond ETF) — $220.09K (3K shares) — 1.08% of portfolio. Short-duration corporate bond ETF provides limited fixed-income/cash-equivalent exposure.