Stephenson & Company, Inc. Long-Term Concentrated

Location: San Clemente, CA

CIK: 0002001544 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 27, 2026

Total Value: $182M (100.0% shares, 0.0% debt)

Holdings (45)

BRK/B BERKSHIRE HATHAWAY INC DEL 14.5%

Value $26.39M Shares 52,497 Est. Cost $359.93 Unrealized +38.2%

RSP INVESCO EXCHANGE TRADED FD T 13.9%

Value $25.37M Shares 132,428 Est. Cost $161.39 Unrealized —

IVV ISHARES TR 13.7%

Value $24.98M Shares 36,478 Est. Cost $494.91 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 13.6%

Value $24.83M Shares 397,478 Est. Cost $48.76 Unrealized —

BSV VANGUARD BD INDEX FDS 10.1%

Value $18.3M Shares 232,262 Est. Cost $77.30 Unrealized —

BIV VANGUARD BD INDEX FDS 6.1%

Value $11.06M Shares 142,056 Est. Cost $76.33 Unrealized —

IJR ISHARES TR 3.8%

Value $6.954M Shares 57,860 Est. Cost $109.29 Unrealized —

IJH ISHARES TR 3.8%

Value $6.886M Shares 104,339 Est. Cost $93.47 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.5%

Value $6.301M Shares 117,201 Est. Cost $42.29 Unrealized —

SPY SPDR S&P 500 ETF TR 2.4%

Value $4.334M Shares 6,355 Est. Cost $475.31 Unrealized —

TIP ISHARES TR 2.3%

Value $4.21M Shares 38,307 Est. Cost $108.16 Unrealized —

MUB ISHARES TR 1.5%

Value $2.646M Shares 24,707 Est. Cost $108.41 Unrealized —

AAPL APPLE INC 1.1%

Value $2.085M Shares 7,670 Est. Cost $185.40 Unrealized +44.7%

ITOT ISHARES TR 1.1%

Value $1.963M Shares 13,202 Est. Cost $105.23 Unrealized —

EMB ISHARES TR 1.1%

Value $1.933M Shares 20,082 Est. Cost $89.87 Unrealized —

JNK SPDR SERIES TRUST 1.1%

Value $1.926M Shares 19,816 Est. Cost $94.97 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.8%

Value $1.51M Shares 2 Est. Cost $533852.10 Unrealized +39.8%

IWM ISHARES TR 0.7%

Value $1.335M Shares 5,421 Est. Cost $201.11 Unrealized —

EFA ISHARES TR 0.5%

Value $985K Shares 10,257 Est. Cost $75.53 Unrealized —

NVDA NVIDIA CORPORATION 0.4%

Value $694K Shares 3,720 Est. Cost $164.73 Unrealized +13.0%

ANET ARISTA NETWORKS INC 0.3%

Value $483K Shares 3,686 Est. Cost $103.44 Unrealized +33.1%

BK BANK NEW YORK MELLON CORP 0.3%

Value $467K Shares 4,020 Est. Cost $43.67 Unrealized +153.0%

GBTC GRAYSCALE BITCOIN TRUST ETF 0.2%

Value $438K Shares 6,400 Est. Cost $63.17 Unrealized —

GLD SPDR GOLD TR 0.2%

Value $436K Shares 1,100 Est. Cost $304.83 Unrealized —

EEM ISHARES TR 0.2%

Value $372K Shares 6,794 Est. Cost $40.24 Unrealized —

ESGD ISHARES TR 0.2%

Value $366K Shares 3,853 Est. Cost $79.76 Unrealized —

AGG ISHARES TR 0.2%

Value $342K Shares 3,422 Est. Cost $99.31 Unrealized —

AXP AMERICAN EXPRESS CO 0.2%

Value $340K Shares 918 Est. Cost $202.90 Unrealized +75.9%

IWD ISHARES TR 0.2%

Value $336K Shares 1,597 Est. Cost $165.28 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.2%

Value $332K Shares 4,507 Est. Cost $56.14 Unrealized —

HD HOME DEPOT INC 0.2%

Value $298K Shares 867 Est. Cost $295.78 Unrealized +23.3%

VOO VANGUARD INDEX FDS 0.1%

Value $267K Shares 426 Est. Cost $611.67 Unrealized —

IWR ISHARES TR 0.1%

Value $265K Shares 2,750 Est. Cost $77.99 Unrealized —

VUG VANGUARD INDEX FDS 0.1%

Value $259K Shares 531 Est. Cost $310.88 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $254K Shares 857 Est. Cost $239.40 Unrealized +24.8%

GOOG ALPHABET INC 0.1%

Value $244K Shares 776 Est. Cost $286.33 Unrealized 0.0%

AMZN AMAZON COM INC 0.1%

Value $243K Shares 1,054 Est. Cost $201.03 Unrealized +13.8%

DE DEERE & CO 0.1%

Value $242K Shares 519 Est. Cost $365.14 Unrealized +28.1%

UNH UNITEDHEALTH GROUP INC 0.1%

Value $224K Shares 678 Est. Cost $503.69 Unrealized -33.1%

NKE NIKE INC 0.1%

Value $222K Shares 3,482 Est. Cost $64.91 Unrealized 0.0%

MS MORGAN STANLEY 0.1%

Value $222K Shares 1,249 Est. Cost $166.47 Unrealized 0.0%

VB VANGUARD INDEX FDS 0.1%

Value $222K Shares 859 Est. Cost $236.98 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.1%

Value $221K Shares 9,207 Est. Cost $27.73 Unrealized —

FNF FIDELITY NATIONAL FINANCIAL 0.1%

Value $220K Shares 4,034 Est. Cost $38.82 Unrealized +41.1%

MIST MILESTONE PHARMACEUTICALS IN 0.0%

Value $40,400 Shares 20,000 Est. Cost $1.76 Unrealized +22.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	52,497	$26.39M	14.5%	$359.93	+38.2%	CL B NEW	084670702
RSP	INVESCO EXCHANGE TRADED FD T	132,428	$25.37M	13.9%	$161.39	—	S&P500 EQL WGT	46137V357
IVV	ISHARES TR	36,478	$24.98M	13.7%	$494.91	—	CORE S&P500 ETF	464287200
VEA	VANGUARD TAX-MANAGED FDS	397,478	$24.83M	13.6%	$48.76	—	VAN FTSE DEV MKT	921943858
BSV	VANGUARD BD INDEX FDS	232,262	$18.3M	10.1%	$77.30	—	SHORT TRM BOND	921937827
BIV	VANGUARD BD INDEX FDS	142,056	$11.06M	6.1%	$76.33	—	INTERMED TERM	921937819
IJR	ISHARES TR	57,860	$6.954M	3.8%	$109.29	—	CORE S&P SCP ETF	464287804
IJH	ISHARES TR	104,339	$6.886M	3.8%	$93.47	—	CORE S&P MCP ETF	464287507
VWO	VANGUARD INTL EQUITY INDEX F	117,201	$6.301M	3.5%	$42.29	—	FTSE EMR MKT ETF	922042858
SPY	SPDR S&P 500 ETF TR	6,355	$4.334M	2.4%	$475.31	—	TR UNIT	78462F103
TIP	ISHARES TR	38,307	$4.21M	2.3%	$108.16	—	TIPS BD ETF	464287176
MUB	ISHARES TR	24,707	$2.646M	1.5%	$108.41	—	NATIONAL MUN ETF	464288414
AAPL	APPLE INC	7,670	$2.085M	1.1%	$185.40	+44.7%	COM	037833100
ITOT	ISHARES TR	13,202	$1.963M	1.1%	$105.23	—	CORE S&P TTL STK	464287150
EMB	ISHARES TR	20,082	$1.933M	1.1%	$89.87	—	JPMORGAN USD EMG	464288281
JNK	SPDR SERIES TRUST	19,816	$1.926M	1.1%	$94.97	—	STATE STREET SPD	78468R622
BRK/A	BERKSHIRE HATHAWAY INC DEL	2	$1.51M	0.8%	$533852.10	+39.8%	CL A	084670108
IWM	ISHARES TR	5,421	$1.335M	0.7%	$201.11	—	RUSSELL 2000 ETF	464287655
EFA	ISHARES TR	10,257	$985K	0.5%	$75.53	—	MSCI EAFE ETF	464287465
NVDA	NVIDIA CORPORATION	3,720	$694K	0.4%	$164.73	+13.0%	COM	67066G104
ANET	ARISTA NETWORKS INC	3,686	$483K	0.3%	$103.44	+33.1%	COM SHS	040413205
BK	BANK NEW YORK MELLON CORP	4,020	$467K	0.3%	$43.67	+153.0%	COM	064058100
GBTC	GRAYSCALE BITCOIN TRUST ETF	6,400	$438K	0.2%	$63.17	—	SHS REP COM UT	389637109
GLD	SPDR GOLD TR	1,100	$436K	0.2%	$304.83	—	GOLD SHS	78463V107
EEM	ISHARES TR	6,794	$372K	0.2%	$40.24	—	MSCI EMG MKT ETF	464287234
ESGD	ISHARES TR	3,853	$366K	0.2%	$79.76	—	ESG AW MSCI EAFE	46435G516
AGG	ISHARES TR	3,422	$342K	0.2%	$99.31	—	CORE US AGGBD ET	464287226
AXP	AMERICAN EXPRESS CO	918	$340K	0.2%	$202.90	+75.9%	COM	025816109
IWD	ISHARES TR	1,597	$336K	0.2%	$165.28	—	RUS 1000 VAL ETF	464287598
VEU	VANGUARD INTL EQUITY INDEX F	4,507	$332K	0.2%	$56.14	—	ALLWRLD EX US	922042775
HD	HOME DEPOT INC	867	$298K	0.2%	$295.78	+23.3%	COM	437076102
VOO	VANGUARD INDEX FDS	426	$267K	0.1%	$611.67	—	S&P 500 ETF SHS	922908363
IWR	ISHARES TR	2,750	$265K	0.1%	$77.99	—	RUS MID CAP ETF	464287499
VUG	VANGUARD INDEX FDS	531	$259K	0.1%	$310.88	—	GROWTH ETF	922908736
IBM	INTERNATIONAL BUSINESS MACHS	857	$254K	0.1%	$239.40	+24.8%	COM	459200101
GOOG	ALPHABET INC	776	$244K	0.1%	$286.33	0.0%	CAP STK CL C	02079K107
AMZN	AMAZON COM INC	1,054	$243K	0.1%	$201.03	+13.8%	COM	023135106
DE	DEERE & CO	519	$242K	0.1%	$365.14	+28.1%	COM	244199105
UNH	UNITEDHEALTH GROUP INC	678	$224K	0.1%	$503.69	-33.1%	COM	91324P102
NKE	NIKE INC	3,482	$222K	0.1%	$64.91	0.0%	CL B	654106103
MS	MORGAN STANLEY	1,249	$222K	0.1%	$166.47	0.0%	COM NEW	617446448
VB	VANGUARD INDEX FDS	859	$222K	0.1%	$236.98	—	SMALL CP ETF	922908751
SCHF	SCHWAB STRATEGIC TR	9,207	$221K	0.1%	$27.73	—	INTL EQTY ETF	808524805
FNF	FIDELITY NATIONAL FINANCIAL	4,034	$220K	0.1%	$38.82	+41.1%	COM SHS	31620R303
MIST	MILESTONE PHARMACEUTICALS IN	20,000	$40,400	0.0%	$1.76	+22.5%	COM	59935V107