UNITED SERVICES AUTOMOBILE ASSOCIATION Diversified Active

CIK: 0001021249 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 4, 2026

Total Value ($000): $1,579,924 (100.0% shares, 0.0% debt)

Holdings (20)

New Positions (1)

SPAB State Street SPDR Portfolio Ag 5.8%

Value ($000) $91,644 Shares 3,559,006 Est. Cost $25.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPAB	State Street SPDR Portfolio Ag	3,559,006	$91,644	5.8%	$25.75	—	ETF	78464A649

Increased Positions (7)

VEU Vanguard FTSE All-World ex-US 7.9%

Value ($000) $124,343 (+58.3%) Shares 1,690,359 (+53.6%) Est. Cost $56.14 Unrealized —

VOO Vanguard S&P 500 ETF 9.8%

Value ($000) $155,139 (+31.0%) Shares 247,379 (+27.9%) Est. Cost $391.64 Unrealized —

VYM Vanguard High Dividend Yield E 3.1%

Value ($000) $48,242 (+60.8%) Shares 336,132 (+57.9%) Est. Cost $109.97 Unrealized —

VXF Vanguard Extended Market ETF 3.0%

Value ($000) $46,873 (+44.5%) Shares 224,143 (+44.7%) Est. Cost $146.10 Unrealized —

VXUS Vanguard Total International S 1.0%

Value ($000) $15,991 (+9.8%) Shares 211,964 (+6.9%) Est. Cost $60.37 Unrealized —

BND Vanguard Total Bond Market ETF 0.9%

Value ($000) $14,358 (+5.2%) Shares 193,850 (+5.6%) Est. Cost $75.43 Unrealized —

IVE iShares S&P 500 Value ETF 0.0%

Value ($000) $161 (+484.5%) Shares 757 (+469.2%) Est. Cost $209.14 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEU	Vanguard FTSE All-World ex-US	1,690,359 (+53.6%)	$124,343 (+58.3%)	7.9%	$56.14	—	ETF	922042775
VOO	Vanguard S&P 500 ETF	247,379 (+27.9%)	$155,139 (+31.0%)	9.8%	$391.64	—	ETF	922908363
VYM	Vanguard High Dividend Yield E	336,132 (+57.9%)	$48,242 (+60.8%)	3.1%	$109.97	—	ETF	921946406
VXF	Vanguard Extended Market ETF	224,143 (+44.7%)	$46,873 (+44.5%)	3.0%	$146.10	—	ETF	922908652
VXUS	Vanguard Total International S	211,964 (+6.9%)	$15,991 (+9.8%)	1.0%	$60.37	—	ETF	921909768
BND	Vanguard Total Bond Market ETF	193,850 (+5.6%)	$14,358 (+5.2%)	0.9%	$75.43	—	ETF	921937835
IVE	iShares S&P 500 Value ETF	757 (+469.2%)	$161 (+484.5%)	0.0%	$209.14	—	ETF	464287408

Exited Positions (1)

— TrueCar Inc 0.9%

Value ($000) $14,651 Shares 7,962,245 Est. Cost $14.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TrueCar Inc	7,962,245	$14,651	0.9%	$14.18	—	—	89785L107

Decreased Positions (6)

AGG iShares Core U.S. Aggregate Bo 55.2%

Value ($000) $871,649 (-4.7%) Shares 8,726,963 (-4.4%) Est. Cost $99.55 Unrealized —

VCLT Vanguard Long-Term Corporate B 0.9%

Value ($000) $14,465 (-3.4%) Shares 190,699 (-1.1%) Est. Cost $79.22 Unrealized —

VTI Vanguard Total Stock Market ET 0.3%

Value ($000) $4,363 (-7.2%) Shares 13,014 (-9.1%) Est. Cost $142.35 Unrealized —

VCIT Vanguard Intermediate-Term Cor 0.9%

Value ($000) $14,569 (-1.7%) Shares 173,961 (-1.3%) Est. Cost $51.85 Unrealized —

IVW iShares S&P 500 Growth ETF 0.5%

Value ($000) $7,365 (-2.9%) Shares 59,749 (-4.9%) Est. Cost $86.63 Unrealized —

VIG Vanguard Dividend Appreciation 0.1%

Value ($000) $1,852 (-6.5%) Shares 8,426 (-8.2%) Est. Cost $86.91 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	iShares Core U.S. Aggregate Bo	8,726,963 (-4.4%)	$871,649 (-4.7%)	55.2%	$99.55	—	ETF	464287226
VCLT	Vanguard Long-Term Corporate B	190,699 (-1.1%)	$14,465 (-3.4%)	0.9%	$79.22	—	ETF	92206C813
VTI	Vanguard Total Stock Market ET	13,014 (-9.1%)	$4,363 (-7.2%)	0.3%	$142.35	—	ETF	922908769
VCIT	Vanguard Intermediate-Term Cor	173,961 (-1.3%)	$14,569 (-1.7%)	0.9%	$51.85	—	ETF	92206C870
IVW	iShares S&P 500 Growth ETF	59,749 (-4.9%)	$7,365 (-2.9%)	0.5%	$86.63	—	ETF	464287309
VIG	Vanguard Dividend Appreciation	8,426 (-8.2%)	$1,852 (-6.5%)	0.1%	$86.91	—	ETF	921908844

Unchanged Positions (6)

UITB VictoryShares Core Intermediat 7.3%

Value ($000) $114,655 Shares 2,421,191 Est. Cost $50.25 Unrealized —

RANI Rani Therapeutics Holdings Inc 0.0%

Value ($000) $409 Shares 302,743 Est. Cost $16.59 Unrealized -90.9%

VCSH Vanguard Short-Term Corporate 0.9%

Value ($000) $14,555 Shares 182,553 Est. Cost $77.75 Unrealized —

NEAR iShares Short Duration Bond Ac 1.6%

Value ($000) $25,059 Shares 490,400 Est. Cost $51.28 Unrealized —

TIP iShares TIPS Bond ETF 0.2%

Value ($000) $2,963 Shares 26,956 Est. Cost $111.87 Unrealized —

BSV Vanguard Short-Term Bond ETF 0.7%

Value ($000) $11,271 Shares 143,018 Est. Cost $79.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UITB	VictoryShares Core Intermediat	2,421,191	$114,655	7.3%	$50.25	—	ETF	92647N527
RANI	Rani Therapeutics Holdings Inc	302,743	$409	0.0%	$16.59	-90.9%	Common Stock	753018100
VCSH	Vanguard Short-Term Corporate	182,553	$14,555	0.9%	$77.75	—	ETF	92206C409
NEAR	iShares Short Duration Bond Ac	490,400	$25,059	1.6%	$51.28	—	ETF	46431W507
TIP	iShares TIPS Bond ETF	26,956	$2,963	0.2%	$111.87	—	ETF	464287176
BSV	Vanguard Short-Term Bond ETF	143,018	$11,271	0.7%	$79.00	—	ETF	921937827