MARQUETTE ASSOCIATES, INC. Long-Term Concentrated

CIK: 0002042617 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $78,086 (100.0% shares, 0.0% debt)

Holdings (30)

New Positions (2)

ESML ISHARES TR 1.6%

Value ($000) $1,223 Shares 26,607 Est. Cost $45.98 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 1.4%

Value ($000) $1,100 Shares 5,740 Est. Cost $191.55 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ESML	ISHARES TR	26,607	$1,223	1.6%	$45.98	—	ESG AWARE MSCI	46435U663
RSP	INVESCO EXCHANGE TRADED FD T	5,740	$1,100	1.4%	$191.55	—	S&P500 EQL WGT	46137V357

Increased Positions (2)

SPY SPDR S&P 500 ETF TR 17.8%

Value ($000) $13,905 (+27.5%) Shares 20,390 (+24.6%) Est. Cost $549.41 Unrealized —

EFAX SPDR INDEX SHS FDS 1.5%

Value ($000) $1,147 (+3.9%) Shares 22,731 (+1.5%) Est. Cost $40.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	20,390 (+24.6%)	$13,905 (+27.5%)	17.8%	$549.41	—	TR UNIT	78462F103
EFAX	SPDR INDEX SHS FDS	22,731 (+1.5%)	$1,147 (+3.9%)	1.5%	$40.26	—	MSCI EAFE FS ETF	78470E106

Exited Positions (6)

VV VANGUARD INDEX FDS 1.6%

Value ($000) $1,244 Shares 4,042 Est. Cost $310.62 Unrealized —

IJK ISHARES TR 0.9%

Value ($000) $739 Shares 7,709 Est. Cost $162.77 Unrealized —

IWM ISHARES TR 0.8%

Value ($000) $605 Shares 2,501 Est. Cost $234.24 Unrealized —

IWR ISHARES TR 0.1%

Value ($000) $116 Shares 1,197 Est. Cost $88.40 Unrealized —

OEF ISHARES TR 0.1%

Value ($000) $50 Shares 150 Est. Cost $20.53 Unrealized —

SCHH SCHWAB STRATEGIC TR 0.0%

Value ($000) $6 Shares 297 Est. Cost $21.49 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VV	VANGUARD INDEX FDS	4,042	$1,244	1.6%	$310.62	—	—	922908637
IJK	ISHARES TR	7,709	$739	0.9%	$162.77	—	—	464287606
IWM	ISHARES TR	2,501	$605	0.8%	$234.24	—	—	464287655
IWR	ISHARES TR	1,197	$116	0.1%	$88.40	—	—	464287499
OEF	ISHARES TR	150	$50	0.1%	$20.53	—	—	464287101
SCHH	SCHWAB STRATEGIC TR	297	$6	0.0%	$21.49	—	—	808524847

Decreased Positions (21)

VTI VANGUARD INDEX FDS 2.9%

Value ($000) $2,258 (-61.8%) Shares 6,734 (-62.6%) Est. Cost $262.77 Unrealized —

IVV ISHARES TR 0.3%

Value ($000) $208 (-93.4%) Shares 303 (-93.6%) Est. Cost $567.42 Unrealized —

VO VANGUARD INDEX FDS 6.9%

Value ($000) $5,363 (-7.3%) Shares 18,479 (-6.2%) Est. Cost $251.11 Unrealized —

VOOV VANGUARD ADMIRAL FDS INC 0.3%

Value ($000) $217 (-48.7%) Shares 1,059 (-50.0%) Est. Cost $184.19 Unrealized —

EFA ISHARES TR 0.1%

Value ($000) $75 (-71.6%) Shares 777 (-72.4%) Est. Cost $151.34 Unrealized —

IWB ISHARES TR 0.2%

Value ($000) $120 (-58.6%) Shares 321 (-59.5%) Est. Cost $288.71 Unrealized —

IEFA ISHARES TR 19.6%

Value ($000) $15,316 (-0.6%) Shares 171,209 (-3.0%) Est. Cost $76.47 Unrealized —

VOE VANGUARD INDEX FDS 0.3%

Value ($000) $225 (-21.2%) Shares 1,267 (-22.5%) Est. Cost $152.83 Unrealized —

TDVG T ROWE PRICE ETF INC 0.8%

Value ($000) $602 (-5.8%) Shares 13,378 (-7.9%) Est. Cost $39.59 Unrealized —

SCHB SCHWAB STRATEGIC TR 1.1%

Value ($000) $839 (-1.5%) Shares 31,993 (-3.5%) Est. Cost $22.80 Unrealized —

BNDC FLEXSHARES TR 0.1%

Value ($000) $41 (-11.5%) Shares 1,822 (-11.0%) Est. Cost $22.37 Unrealized —

QLC FLEXSHARES TR 0.1%

Value ($000) $57 (-7.9%) Shares 701 (-11.4%) Est. Cost $66.39 Unrealized —

TDTT FLEXSHARES TR 0.0%

Value ($000) $23 (-12.5%) Shares 970 (-11.5%) Est. Cost $23.79 Unrealized —

TLTD FLEXSHARES TR 0.0%

Value ($000) $35 (-7.6%) Shares 375 (-11.6%) Est. Cost $68.89 Unrealized —

VXUS VANGUARD STAR FDS 0.8%

Value ($000) $644 (-0.4%) Shares 8,539 (-3.0%) Est. Cost $64.16 Unrealized —

NFRA FLEXSHARES TR 0.0%

Value ($000) $10 (-15.1%) Shares 166 (-11.7%) Est. Cost $56.86 Unrealized —

TILT FLEXSHARES TR 0.0%

Value ($000) $19 (-8.4%) Shares 75 (-10.7%) Est. Cost $212.84 Unrealized —

TLTE FLEXSHARES TR 0.0%

Value ($000) $13 (-11.3%) Shares 206 (-12.3%) Est. Cost $57.09 Unrealized —

HYGV FLEXSHARES TR 0.0%

Value ($000) $8 (-12.6%) Shares 198 (-11.6%) Est. Cost $40.87 Unrealized —

RAVI FLEXSHARES TR 0.0%

Value ($000) $8 (-11.3%) Shares 105 (-11.0%) Est. Cost $75.51 Unrealized —

GUNR FLEXSHARES TR 0.0%

Value ($000) $5 (-7.2%) Shares 101 (-11.4%) Est. Cost $7.27 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD INDEX FDS	6,734 (-62.6%)	$2,258 (-61.8%)	2.9%	$262.77	—	TOTAL STK MKT	922908769
IVV	ISHARES TR	303 (-93.6%)	$208 (-93.4%)	0.3%	$567.42	—	CORE S&P500 ETF	464287200
VO	VANGUARD INDEX FDS	18,479 (-6.2%)	$5,363 (-7.3%)	6.9%	$251.11	—	MID CAP ETF	922908629
VOOV	VANGUARD ADMIRAL FDS INC	1,059 (-50.0%)	$217 (-48.7%)	0.3%	$184.19	—	500 VAL IDX FD	921932703
EFA	ISHARES TR	777 (-72.4%)	$75 (-71.6%)	0.1%	$151.34	—	MSCI EAFE ETF	464287465
IWB	ISHARES TR	321 (-59.5%)	$120 (-58.6%)	0.2%	$288.71	—	RUS 1000 ETF	464287622
IEFA	ISHARES TR	171,209 (-3.0%)	$15,316 (-0.6%)	19.6%	$76.47	—	CORE MSCI EAFE	46432F842
VOE	VANGUARD INDEX FDS	1,267 (-22.5%)	$225 (-21.2%)	0.3%	$152.83	—	MCAP VL IDXVIP	922908512
TDVG	T ROWE PRICE ETF INC	13,378 (-7.9%)	$602 (-5.8%)	0.8%	$39.59	—	PRICE DIV GRWT	87283Q404
SCHB	SCHWAB STRATEGIC TR	31,993 (-3.5%)	$839 (-1.5%)	1.1%	$22.80	—	US BRD MKT ETF	808524102
BNDC	FLEXSHARES TR	1,822 (-11.0%)	$41 (-11.5%)	0.1%	$22.37	—	CRE SLCT BD FD	33939L670
QLC	FLEXSHARES TR	701 (-11.4%)	$57 (-7.9%)	0.1%	$66.39	—	US QUALITY CAP	33939L746
TDTT	FLEXSHARES TR	970 (-11.5%)	$23 (-12.5%)	0.0%	$23.79	—	IBOXX 3R TARGT	33939L506
TLTD	FLEXSHARES TR	375 (-11.6%)	$35 (-7.6%)	0.0%	$68.89	—	M STAR DEV MKT	33939L803
VXUS	VANGUARD STAR FDS	8,539 (-3.0%)	$644 (-0.4%)	0.8%	$64.16	—	VG TL INTL STK F	921909768
NFRA	FLEXSHARES TR	166 (-11.7%)	$10 (-15.1%)	0.0%	$56.86	—	STOXX GLOBR INF	33939L795
TILT	FLEXSHARES TR	75 (-10.7%)	$19 (-8.4%)	0.0%	$212.84	—	MORNSTAR USMKT	33939L100
TLTE	FLEXSHARES TR	206 (-12.3%)	$13 (-11.3%)	0.0%	$57.09	—	MSTAR EMKT FAC	33939L308
HYGV	FLEXSHARES TR	198 (-11.6%)	$8 (-12.6%)	0.0%	$40.87	—	HIG YLD VL ETF	33939L662
RAVI	FLEXSHARES TR	105 (-11.0%)	$8 (-11.3%)	0.0%	$75.51	—	FLEXSHARES ULTRA	33939L886
GUNR	FLEXSHARES TR	101 (-11.4%)	$5 (-7.2%)	0.0%	$7.27	—	MORNSTAR UPSTR	33939L407

Unchanged Positions (5)

NBOS NEUBERGER BERMAN ETF TRUST 16.1%

Value ($000) $12,609 Shares 462,368 Est. Cost $25.89 Unrealized —

AGG ISHARES TR 8.0%

Value ($000) $6,247 Shares 62,542 Est. Cost $99.63 Unrealized —

VXF VANGUARD INDEX FDS 12.5%

Value ($000) $9,738 Shares 46,568 Est. Cost $173.39 Unrealized —

BSV VANGUARD BD INDEX FDS 7.4%

Value ($000) $5,808 Shares 73,690 Est. Cost $77.27 Unrealized —

WINN HARBOR ETF TRUST 0.3%

Value ($000) $227 Shares 7,292 Est. Cost $29.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NBOS	NEUBERGER BERMAN ETF TRUST	462,368	$12,609	16.1%	$25.89	—	OPT STRATEGY ETF	64135A705
AGG	ISHARES TR	62,542	$6,247	8.0%	$99.63	—	CORE US AGGBD ET	464287226
VXF	VANGUARD INDEX FDS	46,568	$9,738	12.5%	$173.39	—	EXTEND MKT ETF	922908652
BSV	VANGUARD BD INDEX FDS	73,690	$5,808	7.4%	$77.27	—	SHORT TRM BOND	921937827
WINN	HARBOR ETF TRUST	7,292	$227	0.3%	$29.13	—	LONG TERM GROWER	41151J406