Stephenson & Company, Inc. Long-Term Concentrated

Location: San Clemente, CA

CIK: 0002001544 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 21, 2025

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

Holdings (43)

BRK/B BERKSHIRE HATHAWAY INC DEL 14.7%

Value $25.59M Shares 50,898 Est. Cost $355.61 Unrealized +36.2%

RSP INVESCO EXCHANGE TRADED FD T 14.1%

Value $24.49M Shares 129,108 Est. Cost $160.62 Unrealized —

IVV ISHARES TR 13.8%

Value $24.06M Shares 35,951 Est. Cost $492.12 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 13.5%

Value $23.54M Shares 392,939 Est. Cost $48.60 Unrealized —

BSV VANGUARD BD INDEX FDS 9.7%

Value $16.85M Shares 213,562 Est. Cost $77.17 Unrealized —

BIV VANGUARD BD INDEX FDS 6.2%

Value $10.73M Shares 137,377 Est. Cost $76.28 Unrealized —

IJR ISHARES TR 3.9%

Value $6.711M Shares 56,475 Est. Cost $109.02 Unrealized —

IJH ISHARES TR 3.8%

Value $6.6M Shares 101,141 Est. Cost $94.33 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.5%

Value $6.175M Shares 113,979 Est. Cost $41.97 Unrealized —

SPY SPDR S&P 500 ETF TR 2.4%

Value $4.202M Shares 6,308 Est. Cost $475.31 Unrealized —

TIP ISHARES TR 2.3%

Value $3.965M Shares 35,651 Est. Cost $108.03 Unrealized —

MUB ISHARES TR 1.5%

Value $2.631M Shares 24,707 Est. Cost $108.41 Unrealized —

AAPL APPLE INC 1.1%

Value $1.953M Shares 7,670 Est. Cost $185.40 Unrealized +21.7%

ITOT ISHARES TR 1.1%

Value $1.923M Shares 13,202 Est. Cost $105.23 Unrealized —

JNK SPDR SERIES TRUST 1.1%

Value $1.918M Shares 19,574 Est. Cost $94.94 Unrealized —

EMB ISHARES TR 1.1%

Value $1.844M Shares 19,374 Est. Cost $89.63 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.9%

Value $1.508M Shares 2 Est. Cost $533852.10 Unrealized +36.2%

IWM ISHARES TR 0.8%

Value $1.312M Shares 5,421 Est. Cost $201.11 Unrealized —

EFA ISHARES TR 0.6%

Value $958K Shares 10,257 Est. Cost $75.53 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 0.3%

Value $575K Shares 6,400 Est. Cost $63.17 Unrealized —

ANET ARISTA NETWORKS INC 0.3%

Value $537K Shares 3,686 Est. Cost $103.44 Unrealized +24.5%

BK BANK NEW YORK MELLON CORP 0.3%

Value $438K Shares 4,020 Est. Cost $43.67 Unrealized +132.1%

GLD SPDR GOLD TR 0.2%

Value $389K Shares 1,094 Est. Cost $304.83 Unrealized —

ESGD ISHARES TR 0.2%

Value $364K Shares 3,918 Est. Cost $79.76 Unrealized —

EEM ISHARES TR 0.2%

Value $363K Shares 6,794 Est. Cost $40.24 Unrealized —

HD HOME DEPOT INC 0.2%

Value $351K Shares 867 Est. Cost $295.78 Unrealized +31.6%

IWD ISHARES TR 0.2%

Value $327K Shares 1,607 Est. Cost $165.28 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.2%

Value $322K Shares 4,507 Est. Cost $56.14 Unrealized —

AGG ISHARES TR 0.2%

Value $308K Shares 3,072 Est. Cost $99.25 Unrealized —

AXP AMERICAN EXPRESS CO 0.2%

Value $305K Shares 918 Est. Cost $202.90 Unrealized +56.0%

IWR ISHARES TR 0.2%

Value $266K Shares 2,750 Est. Cost $77.99 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value $261K Shares 426 Est. Cost $611.67 Unrealized —

VUG VANGUARD INDEX FDS 0.1%

Value $255K Shares 531 Est. Cost $310.88 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value $246K Shares 1,320 Est. Cost $125.82 Unrealized +38.5%

FNF FIDELITY NATIONAL FINANCIAL 0.1%

Value $244K Shares 4,034 Est. Cost $38.82 Unrealized +42.0%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $242K Shares 857 Est. Cost $239.40 Unrealized +8.4%

DE DEERE & CO 0.1%

Value $237K Shares 519 Est. Cost $365.14 Unrealized +34.1%

UNH UNITEDHEALTH GROUP INC 0.1%

Value $234K Shares 678 Est. Cost $503.69 Unrealized -40.7%

VB VANGUARD INDEX FDS 0.1%

Value $218K Shares 859 Est. Cost $236.98 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.1%

Value $214K Shares 9,207 Est. Cost $27.73 Unrealized —

AMZN AMAZON COM INC 0.1%

Value $208K Shares 947 Est. Cost $197.89 Unrealized +14.4%

— ISHARES TR 0.1%

Value $201K Shares 7,499 Est. Cost $26.75 Unrealized —

MIST MILESTONE PHARMACEUTICALS IN 0.0%

Value $40,000 Shares 20,000 Est. Cost $1.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	50,898	$25.59M	14.7%	$355.61	+36.2%	CL B NEW	084670702
RSP	INVESCO EXCHANGE TRADED FD T	129,108	$24.49M	14.1%	$160.62	—	S&P500 EQL WGT	46137V357
IVV	ISHARES TR	35,951	$24.06M	13.8%	$492.12	—	CORE S&P500 ETF	464287200
VEA	VANGUARD TAX-MANAGED FDS	392,939	$23.54M	13.5%	$48.60	—	VAN FTSE DEV MKT	921943858
BSV	VANGUARD BD INDEX FDS	213,562	$16.85M	9.7%	$77.17	—	SHORT TRM BOND	921937827
BIV	VANGUARD BD INDEX FDS	137,377	$10.73M	6.2%	$76.28	—	INTERMED TERM	921937819
IJR	ISHARES TR	56,475	$6.711M	3.9%	$109.02	—	CORE S&P SCP ETF	464287804
IJH	ISHARES TR	101,141	$6.6M	3.8%	$94.33	—	CORE S&P MCP ETF	464287507
VWO	VANGUARD INTL EQUITY INDEX F	113,979	$6.175M	3.5%	$41.97	—	FTSE EMR MKT ETF	922042858
SPY	SPDR S&P 500 ETF TR	6,308	$4.202M	2.4%	$475.31	—	TR UNIT	78462F103
TIP	ISHARES TR	35,651	$3.965M	2.3%	$108.03	—	TIPS BD ETF	464287176
MUB	ISHARES TR	24,707	$2.631M	1.5%	$108.41	—	NATIONAL MUN ETF	464288414
AAPL	APPLE INC	7,670	$1.953M	1.1%	$185.40	+21.7%	COM	037833100
ITOT	ISHARES TR	13,202	$1.923M	1.1%	$105.23	—	CORE S&P TTL STK	464287150
JNK	SPDR SERIES TRUST	19,574	$1.918M	1.1%	$94.94	—	BLOOMBERG HIGH Y	78468R622
EMB	ISHARES TR	19,374	$1.844M	1.1%	$89.63	—	JPMORGAN USD EMG	464288281
BRK/A	BERKSHIRE HATHAWAY INC DEL	2	$1.508M	0.9%	$533852.10	+36.2%	CL A	084670108
IWM	ISHARES TR	5,421	$1.312M	0.8%	$201.11	—	RUSSELL 2000 ETF	464287655
EFA	ISHARES TR	10,257	$958K	0.6%	$75.53	—	MSCI EAFE ETF	464287465
GBTC	GRAYSCALE BITCOIN TRUST ETF	6,400	$575K	0.3%	$63.17	—	SHS REP COM UT	389637109
ANET	ARISTA NETWORKS INC	3,686	$537K	0.3%	$103.44	+24.5%	COM SHS	040413205
BK	BANK NEW YORK MELLON CORP	4,020	$438K	0.3%	$43.67	+132.1%	COM	064058100
GLD	SPDR GOLD TR	1,094	$389K	0.2%	$304.83	—	GOLD SHS	78463V107
ESGD	ISHARES TR	3,918	$364K	0.2%	$79.76	—	ESG AW MSCI EAFE	46435G516
EEM	ISHARES TR	6,794	$363K	0.2%	$40.24	—	MSCI EMG MKT ETF	464287234
HD	HOME DEPOT INC	867	$351K	0.2%	$295.78	+31.6%	COM	437076102
IWD	ISHARES TR	1,607	$327K	0.2%	$165.28	—	RUS 1000 VAL ETF	464287598
VEU	VANGUARD INTL EQUITY INDEX F	4,507	$322K	0.2%	$56.14	—	ALLWRLD EX US	922042775
AGG	ISHARES TR	3,072	$308K	0.2%	$99.25	—	CORE US AGGBD ET	464287226
AXP	AMERICAN EXPRESS CO	918	$305K	0.2%	$202.90	+56.0%	COM	025816109
IWR	ISHARES TR	2,750	$266K	0.2%	$77.99	—	RUS MID CAP ETF	464287499
VOO	VANGUARD INDEX FDS	426	$261K	0.1%	$611.67	—	S&P 500 ETF SHS	922908363
VUG	VANGUARD INDEX FDS	531	$255K	0.1%	$310.88	—	GROWTH ETF	922908736
NVDA	NVIDIA CORPORATION	1,320	$246K	0.1%	$125.82	+38.5%	COM	67066G104
FNF	FIDELITY NATIONAL FINANCIAL	4,034	$244K	0.1%	$38.82	+42.0%	COM SHS	31620R303
IBM	INTERNATIONAL BUSINESS MACHS	857	$242K	0.1%	$239.40	+8.4%	COM	459200101
DE	DEERE & CO	519	$237K	0.1%	$365.14	+34.1%	COM	244199105
UNH	UNITEDHEALTH GROUP INC	678	$234K	0.1%	$503.69	-40.7%	COM	91324P102
VB	VANGUARD INDEX FDS	859	$218K	0.1%	$236.98	—	SMALL CP ETF	922908751
SCHF	SCHWAB STRATEGIC TR	9,207	$214K	0.1%	$27.73	—	INTL EQTY ETF	808524805
AMZN	AMAZON COM INC	947	$208K	0.1%	$197.89	+14.4%	COM	023135106
—	ISHARES TR	7,499	$201K	0.1%	$26.75	—	IBONDS DEC 25	46435U432
MIST	MILESTONE PHARMACEUTICALS IN	20,000	$40,000	0.0%	$1.76	0.0%	COM	59935V107