ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Concentrated Active

CIK: 0001103139 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $3,358,847 (100.0% shares, 0.0% debt)

Holdings (24)

New Positions (3)

AAPL APPLE INC 3.1%

Value ($000) $105,482 Shares 388,000 Est. Cost $268.34 Unrealized 0.0%

TSLA TESLA INC 3.1%

Value ($000) $103,436 Shares 230,000 Est. Cost $443.29 Unrealized 0.0%

STIP ISHARES TR 2.2%

Value ($000) $74,745 Shares 730,000 Est. Cost $102.39 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	388,000	$105,482	3.1%	$268.34	0.0%	COM	037833100
TSLA	TESLA INC	230,000	$103,436	3.1%	$443.29	0.0%	COM	88160R101
STIP	ISHARES TR	730,000	$74,745	2.2%	$102.39	—	0-5 YR TIPS ETF	46429B747

Increased Positions (8)

IVV ISHARES TR 27.2%

Value ($000) $915,183 (+73.7%) Shares 1,336,134 (+69.7%) Est. Cost $644.62 Unrealized —

EMB ISHARES TR 18.1%

Value ($000) $606,641 (+98.2%) Shares 6,300,738 (+96.0%) Est. Cost $94.40 Unrealized —

XEMD BONDBLOXX ETF TRUST 10.5%

Value ($000) $352,797 (+105.8%) Shares 7,913,789 (+101.9%) Est. Cost $43.55 Unrealized —

SPYM SPDR SERIES TRUST 5.0%

Value ($000) $168,663 (+65.6%) Shares 2,102,500 (+61.7%) Est. Cost $79.06 Unrealized —

IXUS ISHARES TR 8.6%

Value ($000) $289,552 (+15.4%) Shares 3,420,965 (+12.6%) Est. Cost $79.27 Unrealized —

SCHP SCHWAB STRATEGIC TR 4.6%

Value ($000) $153,078 (+22.7%) Shares 5,778,695 (+24.8%) Est. Cost $26.90 Unrealized —

IEMG ISHARES INC 1.7%

Value ($000) $56,014 (+84.7%) Shares 833,300 (+81.2%) Est. Cost $66.50 Unrealized —

EMLC VANECK ETF TRUST 5.1%

Value ($000) $170,288 (+12.4%) Shares 6,595,189 (+11.1%) Est. Cost $25.51 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	1,336,134 (+69.7%)	$915,183 (+73.7%)	27.2%	$644.62	—	CORE S&P500 ETF	464287200
EMB	ISHARES TR	6,300,738 (+96.0%)	$606,641 (+98.2%)	18.1%	$94.40	—	JPMORGAN USD EMG	464288281
XEMD	BONDBLOXX ETF TRUST	7,913,789 (+101.9%)	$352,797 (+105.8%)	10.5%	$43.55	—	JP MORGAN USD EM	09789C879
SPYM	SPDR SERIES TRUST	2,102,500 (+61.7%)	$168,663 (+65.6%)	5.0%	$79.06	—	STATE STREET SPD	78464A854
IXUS	ISHARES TR	3,420,965 (+12.6%)	$289,552 (+15.4%)	8.6%	$79.27	—	CORE MSCI TOTAL	46432F834
SCHP	SCHWAB STRATEGIC TR	5,778,695 (+24.8%)	$153,078 (+22.7%)	4.6%	$26.90	—	US TIPS ETF	808524870
IEMG	ISHARES INC	833,300 (+81.2%)	$56,014 (+84.7%)	1.7%	$66.50	—	CORE MSCI EMKT	46434G103
EMLC	VANECK ETF TRUST	6,595,189 (+11.1%)	$170,288 (+12.4%)	5.1%	$25.51	—	JP MRGAN EM LOC	92189H300

Exited Positions (1)

JAAA JANUS DETROIT STR TR 1.7%

Value ($000) $55,477 Shares 1,092,500 Est. Cost $50.78 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JAAA	JANUS DETROIT STR TR	1,092,500	$55,477	1.7%	$50.78	—	—	47103U845

Decreased Positions (11)

IAUM ISHARES GOLD TR 4.3%

Value ($000) $143,135 (-44.2%) Shares 3,329,462 (-50.0%) Est. Cost $34.94 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 1.3%

Value ($000) $45,020 (-53.1%) Shares 889,900 (-53.0%) Est. Cost $50.74 Unrealized —

XHYT BONDBLOXX ETF TRUST 1.0%

Value ($000) $34,240 (-26.6%) Shares 989,892 (-25.1%) Est. Cost $34.67 Unrealized —

VWOB VANGUARD WHITEHALL FDS 0.4%

Value ($000) $15,094 (-41.8%) Shares 223,842 (-42.3%) Est. Cost $66.90 Unrealized —

XHYI BONDBLOXX ETF TRUST 0.7%

Value ($000) $21,891 (-25.7%) Shares 572,892 (-25.1%) Est. Cost $37.45 Unrealized —

XHYC BONDBLOXX ETF TRUST 0.5%

Value ($000) $18,388 (-25.9%) Shares 493,092 (-25.2%) Est. Cost $36.99 Unrealized —

XHYF BONDBLOXX ETF TRUST 0.5%

Value ($000) $17,248 (-25.7%) Shares 455,091 (-25.1%) Est. Cost $36.25 Unrealized —

XHYH BONDBLOXX ETF TRUST 0.4%

Value ($000) $12,627 (-26.2%) Shares 353,693 (-25.9%) Est. Cost $34.33 Unrealized —

XHYD BONDBLOXX ETF TRUST 0.2%

Value ($000) $7,476 (-25.6%) Shares 194,896 (-25.3%) Est. Cost $38.10 Unrealized —

ALLW SSGA ACTIVE TR 1.0%

Value ($000) $34,786 (-4.8%) Shares 1,265,400 (-3.4%) Est. Cost $25.16 Unrealized —

XHYE BONDBLOXX ETF TRUST 0.1%

Value ($000) $2,406 (-26.1%) Shares 62,393 (-25.2%) Est. Cost $38.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IAUM	ISHARES GOLD TR	3,329,462 (-50.0%)	$143,135 (-44.2%)	4.3%	$34.94	—	SHARES REPRESENT	46436F103
JPST	J P MORGAN EXCHANGE TRADED F	889,900 (-53.0%)	$45,020 (-53.1%)	1.3%	$50.74	—	ULTRA SHRT ETF	46641Q837
XHYT	BONDBLOXX ETF TRUST	989,892 (-25.1%)	$34,240 (-26.6%)	1.0%	$34.67	—	USD HI YLD TELEC	09789C507
VWOB	VANGUARD WHITEHALL FDS	223,842 (-42.3%)	$15,094 (-41.8%)	0.4%	$66.90	—	EM MK GOV BD ETF	921946885
XHYI	BONDBLOXX ETF TRUST	572,892 (-25.1%)	$21,891 (-25.7%)	0.7%	$37.45	—	USD HI YLD INDUS	09789C606
XHYC	BONDBLOXX ETF TRUST	493,092 (-25.2%)	$18,388 (-25.9%)	0.5%	$36.99	—	USD HI YLD CONSU	09789C101
XHYF	BONDBLOXX ETF TRUST	455,091 (-25.1%)	$17,248 (-25.7%)	0.5%	$36.25	—	USD HI YLD FINAN	09789C309
XHYH	BONDBLOXX ETF TRUST	353,693 (-25.9%)	$12,627 (-26.2%)	0.4%	$34.33	—	USD HI YLD HEALT	09789C408
XHYD	BONDBLOXX ETF TRUST	194,896 (-25.3%)	$7,476 (-25.6%)	0.2%	$38.10	—	USD HI YLD NON C	09789C200
ALLW	SSGA ACTIVE TR	1,265,400 (-3.4%)	$34,786 (-4.8%)	1.0%	$25.16	—	SPDR BRIDGEWATER	78470P630
XHYE	BONDBLOXX ETF TRUST	62,393 (-25.2%)	$2,406 (-26.1%)	0.1%	$38.94	—	USD HI YLD ENERG	097890107

Unchanged Positions (2)

EUSA ISHARES INC 0.3%

Value ($000) $10,337 Shares 99,998 Est. Cost $93.59 Unrealized —

GOVT ISHARES TR 0.0%

Value ($000) $322 Shares 13,957 Est. Cost $23.44 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EUSA	ISHARES INC	99,998	$10,337	0.3%	$93.59	—	MSCI EQUAL WEITE	464286681
GOVT	ISHARES TR	13,957	$322	0.0%	$23.44	—	US TREAS BD ETF	46429B267