Kearns & Associates LLC Long-Term Concentrated

Location: Palos Verdes Estates, CA

CIK: 0001908695 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 9, 2025

Total Value: $174M (100.0% shares, 0.0% debt)

Holdings (44)

VTI VANGUARD INDEX FDS 30.3%

Value $52.84M Shares 173,841 Est. Cost $247.05 Unrealized —

VOO VANGUARD INDEX FDS 29.8%

Value $51.95M Shares 91,459 Est. Cost $436.57 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 10.1%

Value $17.66M Shares 309,717 Est. Cost $49.86 Unrealized —

VB VANGUARD INDEX FDS 5.3%

Value $9.231M Shares 38,954 Est. Cost $224.36 Unrealized —

SPY SPDR S&P 500 ETF TR 3.4%

Value $5.938M Shares 9,610 Est. Cost $475.00 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.0%

Value $5.277M Shares 106,700 Est. Cost $48.62 Unrealized —

AAPL APPLE INC 2.4%

Value $4.253M Shares 20,728 Est. Cost $144.53 Unrealized +39.4%

RPRX ROYALTY PHARMA PLC 1.5%

Value $2.549M Shares 70,740 Est. Cost $30.40 Unrealized +9.0%

MSFT MICROSOFT CORP 1.2%

Value $2.139M Shares 4,300 Est. Cost $234.05 Unrealized +84.7%

SCHF SCHWAB STRATEGIC TR 1.1%

Value $1.856M Shares 83,971 Est. Cost $27.51 Unrealized —

VUG VANGUARD INDEX FDS 1.0%

Value $1.727M Shares 3,940 Est. Cost $390.78 Unrealized —

V VISA INC 0.7%

Value $1.136M Shares 3,200 Est. Cost $196.98 Unrealized +76.2%

PJUL INNOVATOR ETFS TRUST 0.6%

Value $1.129M Shares 25,755 Est. Cost $40.07 Unrealized —

AMZN AMAZON COM INC 0.6%

Value $1.022M Shares 4,660 Est. Cost $98.78 Unrealized +100.3%

IGM ISHARES TR 0.5%

Value $924K Shares 8,226 Est. Cost $144.96 Unrealized —

BAC BANK AMERICA CORP 0.5%

Value $923K Shares 19,500 Est. Cost $31.71 Unrealized +30.7%

AXP AMERICAN EXPRESS CO 0.5%

Value $893K Shares 2,800 Est. Cost $142.37 Unrealized +96.2%

GOOG ALPHABET INC 0.5%

Value $851K Shares 4,800 Est. Cost $94.73 Unrealized +74.0%

GOOGL ALPHABET INC 0.5%

Value $846K Shares 4,800 Est. Cost $94.32 Unrealized +73.1%

SCHW SCHWAB CHARLES CORP 0.5%

Value $821K Shares 9,000 Est. Cost $74.21 Unrealized +12.0%

SCHE SCHWAB STRATEGIC TR 0.4%

Value $761K Shares 25,239 Est. Cost $29.24 Unrealized —

FBND FIDELITY MERRIMACK STR TR 0.4%

Value $710K Shares 15,515 Est. Cost $45.75 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.4%

Value $708K Shares 1,000 Est. Cost $321.54 Unrealized +77.8%

IJR ISHARES TR 0.4%

Value $635K Shares 5,808 Est. Cost $114.50 Unrealized —

MRSH MARSH & MCLENNAN COS INC 0.4%

Value $625K Shares 2,860 Est. Cost $155.95 Unrealized +43.1%

JPM JPMORGAN CHASE & CO. 0.3%

Value $568K Shares 1,960 Est. Cost $117.65 Unrealized +114.8%

WFC WELLS FARGO CO NEW 0.3%

Value $561K Shares 7,000 Est. Cost $40.83 Unrealized +74.3%

HLF HERBALIFE LTD 0.3%

Value $490K Shares 56,900 Est. Cost $10.75 Unrealized -30.9%

OXY OCCIDENTAL PETE CORP 0.3%

Value $484K Shares 11,518 Est. Cost $63.23 Unrealized -34.9%

JCI JOHNSON CTLS INTL PLC 0.3%

Value $475K Shares 4,500 Est. Cost $57.70 Unrealized +59.0%

COF CAPITAL ONE FINL CORP 0.3%

Value $462K Shares 2,170 Est. Cost $93.09 Unrealized +98.8%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value $459K Shares 1,133 Est. Cost $524.96 Unrealized -20.6%

VNQ VANGUARD INDEX FDS 0.3%

Value $446K Shares 5,013 Est. Cost $112.40 Unrealized —

SYK STRYKER CORPORATION 0.2%

Value $380K Shares 960 Est. Cost $219.76 Unrealized +69.1%

IVV ISHARES TR 0.2%

Value $376K Shares 605 Est. Cost $477.69 Unrealized —

DIS DISNEY WALT CO 0.2%

Value $375K Shares 3,020 Est. Cost $91.72 Unrealized +12.1%

EQIX EQUINIX INC 0.2%

Value $306K Shares 385 Est. Cost $578.99 Unrealized +44.3%

QCOM QUALCOMM INC 0.2%

Value $303K Shares 1,905 Est. Cost $108.85 Unrealized +33.2%

BKR BAKER HUGHES COMPANY 0.2%

Value $288K Shares 7,500 Est. Cost $25.64 Unrealized +45.3%

COP CONOCOPHILLIPS 0.1%

Value $223K Shares 2,482 Est. Cost $109.40 Unrealized -19.5%

LOW LOWES COS INC 0.1%

Value $222K Shares 1,000 Est. Cost $197.77 Unrealized +11.6%

MS MORGAN STANLEY 0.1%

Value $211K Shares 1,500 Est. Cost $120.96 Unrealized 0.0%

GLD SPDR GOLD TR 0.1%

Value $209K Shares 685 Est. Cost $304.83 Unrealized —

UNP UNION PAC CORP 0.1%

Value $207K Shares 900 Est. Cost $209.24 Unrealized +4.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD INDEX FDS	173,841	$52.84M	30.3%	$247.05	—	TOTAL STK MKT	922908769
VOO	VANGUARD INDEX FDS	91,459	$51.95M	29.8%	$436.57	—	S&P 500 ETF SHS	922908363
VEA	VANGUARD TAX-MANAGED FDS	309,717	$17.66M	10.1%	$49.86	—	VAN FTSE DEV MKT	921943858
VB	VANGUARD INDEX FDS	38,954	$9.231M	5.3%	$224.36	—	SMALL CP ETF	922908751
SPY	SPDR S&P 500 ETF TR	9,610	$5.938M	3.4%	$475.00	—	TR UNIT	78462F103
VWO	VANGUARD INTL EQUITY INDEX F	106,700	$5.277M	3.0%	$48.62	—	FTSE EMR MKT ETF	922042858
AAPL	APPLE INC	20,728	$4.253M	2.4%	$144.53	+39.4%	COM	037833100
RPRX	ROYALTY PHARMA PLC	70,740	$2.549M	1.5%	$30.40	+9.0%	SHS CLASS A	G7709Q104
MSFT	MICROSOFT CORP	4,300	$2.139M	1.2%	$234.05	+84.7%	COM	594918104
SCHF	SCHWAB STRATEGIC TR	83,971	$1.856M	1.1%	$27.51	—	INTL EQTY ETF	808524805
VUG	VANGUARD INDEX FDS	3,940	$1.727M	1.0%	$390.78	—	GROWTH ETF	922908736
V	VISA INC	3,200	$1.136M	0.7%	$196.98	+76.2%	COM CL A	92826C839
PJUL	INNOVATOR ETFS TRUST	25,755	$1.129M	0.6%	$40.07	—	US EQTY PWR BUF	45782C813
AMZN	AMAZON COM INC	4,660	$1.022M	0.6%	$98.78	+100.3%	COM	023135106
IGM	ISHARES TR	8,226	$924K	0.5%	$144.96	—	EXPND TEC SC ETF	464287549
BAC	BANK AMERICA CORP	19,500	$923K	0.5%	$31.71	+30.7%	COM	060505104
AXP	AMERICAN EXPRESS CO	2,800	$893K	0.5%	$142.37	+96.2%	COM	025816109
GOOG	ALPHABET INC	4,800	$851K	0.5%	$94.73	+74.0%	CAP STK CL C	02079K107
GOOGL	ALPHABET INC	4,800	$846K	0.5%	$94.32	+73.1%	CAP STK CL A	02079K305
SCHW	SCHWAB CHARLES CORP	9,000	$821K	0.5%	$74.21	+12.0%	COM	808513105
SCHE	SCHWAB STRATEGIC TR	25,239	$761K	0.4%	$29.24	—	EMRG MKTEQ ETF	808524706
FBND	FIDELITY MERRIMACK STR TR	15,515	$710K	0.4%	$45.75	—	TOTAL BD ETF	316188309
GS	GOLDMAN SACHS GROUP INC	1,000	$708K	0.4%	$321.54	+77.8%	COM	38141G104
IJR	ISHARES TR	5,808	$635K	0.4%	$114.50	—	CORE S&P SCP ETF	464287804
MRSH	MARSH & MCLENNAN COS INC	2,860	$625K	0.4%	$155.95	+43.1%	COM	571748102
JPM	JPMORGAN CHASE & CO.	1,960	$568K	0.3%	$117.65	+114.8%	COM	46625H100
WFC	WELLS FARGO CO NEW	7,000	$561K	0.3%	$40.83	+74.3%	COM	949746101
HLF	HERBALIFE LTD	56,900	$490K	0.3%	$10.75	-30.9%	COM SHS	G4412G101
OXY	OCCIDENTAL PETE CORP	11,518	$484K	0.3%	$63.23	-34.9%	COM	674599105
JCI	JOHNSON CTLS INTL PLC	4,500	$475K	0.3%	$57.70	+59.0%	SHS	G51502105
COF	CAPITAL ONE FINL CORP	2,170	$462K	0.3%	$93.09	+98.8%	COM	14040H105
TMO	THERMO FISHER SCIENTIFIC INC	1,133	$459K	0.3%	$524.96	-20.6%	COM	883556102
VNQ	VANGUARD INDEX FDS	5,013	$446K	0.3%	$112.40	—	REAL ESTATE ETF	922908553
SYK	STRYKER CORPORATION	960	$380K	0.2%	$219.76	+69.1%	COM	863667101
IVV	ISHARES TR	605	$376K	0.2%	$477.69	—	CORE S&P500 ETF	464287200
DIS	DISNEY WALT CO	3,020	$375K	0.2%	$91.72	+12.1%	COM	254687106
EQIX	EQUINIX INC	385	$306K	0.2%	$578.99	+44.3%	COM	29444U700
QCOM	QUALCOMM INC	1,905	$303K	0.2%	$108.85	+33.2%	COM	747525103
BKR	BAKER HUGHES COMPANY	7,500	$288K	0.2%	$25.64	+45.3%	CL A	05722G100
COP	CONOCOPHILLIPS	2,482	$223K	0.1%	$109.40	-19.5%	COM	20825C104
LOW	LOWES COS INC	1,000	$222K	0.1%	$197.77	+11.6%	COM	548661107
MS	MORGAN STANLEY	1,500	$211K	0.1%	$120.96	0.0%	COM NEW	617446448
GLD	SPDR GOLD TR	685	$209K	0.1%	$304.83	—	GOLD SHS	78463V107
UNP	UNION PAC CORP	900	$207K	0.1%	$209.24	+4.4%	COM	907818108