Applied Capital LLC Long-Term Concentrated

CIK: 0001862965 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 16, 2026

Total Value ($000): $259,845 (100.0% shares, 0.0% debt)

Holdings (52)

New Positions (5)

ANGL VANECK ETF TRUST 0.1%

Value ($000) $291 Shares 9,925 Est. Cost $29.36 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $227 Shares 1,217 Est. Cost $186.13 Unrealized 0.0%

AMZN AMAZON COM INC 0.1%

Value ($000) $217 Shares 939 Est. Cost $228.79 Unrealized 0.0%

CAT CATERPILLAR INC 0.1%

Value ($000) $201 Shares 351 Est. Cost $555.50 Unrealized 0.0%

BPRE BLUEROCK PVT REAL ESTATE FD 0.1%

Value ($000) $164 Shares 10,937 Est. Cost $15.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ANGL	VANECK ETF TRUST	9,925	$291	0.1%	$29.36	—	FALLEN ANGEL HG	92189F437
NVDA	NVIDIA CORPORATION	1,217	$227	0.1%	$186.13	0.0%	COM	67066G104
AMZN	AMAZON COM INC	939	$217	0.1%	$228.79	0.0%	COM	023135106
CAT	CATERPILLAR INC	351	$201	0.1%	$555.50	0.0%	COM	149123101
BPRE	BLUEROCK PVT REAL ESTATE FD	10,937	$164	0.1%	$15.00	—	COM	09631P102

Increased Positions (24)

DFAC DIMENSIONAL ETF TRUST 20.6%

Value ($000) $53,506 (+4.6%) Shares 1,351,505 (+1.9%) Est. Cost $28.00 Unrealized —

VOO VANGUARD INDEX FDS 13.4%

Value ($000) $34,749 (+5.0%) Shares 55,409 (+2.5%) Est. Cost $397.08 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 8.0%

Value ($000) $20,761 (+6.6%) Shares 332,339 (+2.3%) Est. Cost $48.30 Unrealized —

DFIC DIMENSIONAL ETF TRUST 6.1%

Value ($000) $15,964 (+6.2%) Shares 463,250 (+1.1%) Est. Cost $22.98 Unrealized —

DFGP DIMENSIONAL ETF TRUST 1.8%

Value ($000) $4,679 (+23.1%) Shares 86,529 (+26.6%) Est. Cost $53.91 Unrealized —

BNDW VANGUARD SCOTTSDALE FDS 5.0%

Value ($000) $13,083 (+6.4%) Shares 190,325 (+7.8%) Est. Cost $68.62 Unrealized —

VUSB VANGUARD BD INDEX FDS 0.9%

Value ($000) $2,365 (+46.4%) Shares 47,457 (+46.9%) Est. Cost $49.62 Unrealized —

BALT INNOVATOR ETFS TRUST 1.0%

Value ($000) $2,562 (+33.2%) Shares 76,460 (+30.5%) Est. Cost $32.44 Unrealized —

DFCF DIMENSIONAL ETF TRUST 2.0%

Value ($000) $5,090 (+10.7%) Shares 119,597 (+11.2%) Est. Cost $42.81 Unrealized —

VXUS VANGUARD STAR FDS 4.4%

Value ($000) $11,323 (+3.8%) Shares 150,088 (+1.0%) Est. Cost $60.46 Unrealized —

DUHP DIMENSIONAL ETF TRUST 4.9%

Value ($000) $12,837 (+2.8%) Shares 337,545 (+2.1%) Est. Cost $26.30 Unrealized —

VXF VANGUARD INDEX FDS 5.4%

Value ($000) $13,921 (+2.0%) Shares 66,568 (+2.1%) Est. Cost $169.22 Unrealized —

DEXC DIMENSIONAL ETF TRUST 0.9%

Value ($000) $2,454 (+9.6%) Shares 40,553 (+2.5%) Est. Cost $56.66 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.2%

Value ($000) $8,413 (+2.1%) Shares 156,501 (+2.9%) Est. Cost $47.75 Unrealized —

BUFF INNOVATOR ETFS TRUST 0.2%

Value ($000) $528 (+30.1%) Shares 10,597 (+27.5%) Est. Cost $46.74 Unrealized —

ICSH ISHARES TR 0.3%

Value ($000) $651 (+17.3%) Shares 12,878 (+17.7%) Est. Cost $50.68 Unrealized —

DFAR DIMENSIONAL ETF TRUST 0.8%

Value ($000) $2,195 (+3.3%) Shares 95,834 (+7.6%) Est. Cost $22.23 Unrealized —

DXUV DIMENSIONAL ETF TRUST 0.3%

Value ($000) $907 (+7.7%) Shares 15,166 (+5.3%) Est. Cost $53.42 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $321 (+24.5%) Shares 1,181 (+16.7%) Est. Cost $147.35 Unrealized +82.1%

FTEC FIDELITY COVINGTON TRUST 0.4%

Value ($000) $1,103 (+6.1%) Shares 4,912 (+4.9%) Est. Cost $178.23 Unrealized —

DXIV DIMENSIONAL ETF TRUST 0.2%

Value ($000) $420 (+10.2%) Shares 6,448 (+4.2%) Est. Cost $49.72 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.2%

Value ($000) $430 (+9.1%) Shares 3,045 (+6.6%) Est. Cost $109.46 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $383 (+5.4%) Shares 791 (+12.8%) Est. Cost $281.25 Unrealized +78.0%

META META PLATFORMS INC 0.1%

Value ($000) $327 (-3.5%) Shares 496 (+7.4%) Est. Cost $458.57 Unrealized +45.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DFAC	DIMENSIONAL ETF TRUST	1,351,505 (+1.9%)	$53,506 (+4.6%)	20.6%	$28.00	—	US CORE EQUITY 2	25434V708
VOO	VANGUARD INDEX FDS	55,409 (+2.5%)	$34,749 (+5.0%)	13.4%	$397.08	—	S&P 500 ETF SHS	922908363
VEA	VANGUARD TAX-MANAGED FDS	332,339 (+2.3%)	$20,761 (+6.6%)	8.0%	$48.30	—	VAN FTSE DEV MKT	921943858
DFIC	DIMENSIONAL ETF TRUST	463,250 (+1.1%)	$15,964 (+6.2%)	6.1%	$22.98	—	INTL CORE EQUITY	25434V799
DFGP	DIMENSIONAL ETF TRUST	86,529 (+26.6%)	$4,679 (+23.1%)	1.8%	$53.91	—	GLOBAL CORE PLUS	25434V583
BNDW	VANGUARD SCOTTSDALE FDS	190,325 (+7.8%)	$13,083 (+6.4%)	5.0%	$68.62	—	TOTAL WLD BD ETF	92206C565
VUSB	VANGUARD BD INDEX FDS	47,457 (+46.9%)	$2,365 (+46.4%)	0.9%	$49.62	—	VANGUARD ULTRA	92203C303
BALT	INNOVATOR ETFS TRUST	76,460 (+30.5%)	$2,562 (+33.2%)	1.0%	$32.44	—	DEFINED WLT SHLD	45783Y855
DFCF	DIMENSIONAL ETF TRUST	119,597 (+11.2%)	$5,090 (+10.7%)	2.0%	$42.81	—	CORE FIXED INCOM	25434V872
VXUS	VANGUARD STAR FDS	150,088 (+1.0%)	$11,323 (+3.8%)	4.4%	$60.46	—	VG TL INTL STK F	921909768
DUHP	DIMENSIONAL ETF TRUST	337,545 (+2.1%)	$12,837 (+2.8%)	4.9%	$26.30	—	US HIGH PROFITAB	25434V831
VXF	VANGUARD INDEX FDS	66,568 (+2.1%)	$13,921 (+2.0%)	5.4%	$169.22	—	EXTEND MKT ETF	922908652
DEXC	DIMENSIONAL ETF TRUST	40,553 (+2.5%)	$2,454 (+9.6%)	0.9%	$56.66	—	EMERGING MRKTETS	25434V534
VWO	VANGUARD INTL EQUITY INDEX F	156,501 (+2.9%)	$8,413 (+2.1%)	3.2%	$47.75	—	FTSE EMR MKT ETF	922042858
BUFF	INNOVATOR ETFS TRUST	10,597 (+27.5%)	$528 (+30.1%)	0.2%	$46.74	—	LADERD ALCTN PWR	45783Y814
ICSH	ISHARES TR	12,878 (+17.7%)	$651 (+17.3%)	0.3%	$50.68	—	ULTRA SHORT DUR	46434V878
DFAR	DIMENSIONAL ETF TRUST	95,834 (+7.6%)	$2,195 (+3.3%)	0.8%	$22.23	—	US REAL ESTATE E	25434V823
DXUV	DIMENSIONAL ETF TRUST	15,166 (+5.3%)	$907 (+7.7%)	0.3%	$53.42	—	DIMENSIONAL US	25434V559
AAPL	APPLE INC	1,181 (+16.7%)	$321 (+24.5%)	0.1%	$147.35	+82.1%	COM	037833100
FTEC	FIDELITY COVINGTON TRUST	4,912 (+4.9%)	$1,103 (+6.1%)	0.4%	$178.23	—	MSCI INFO TECH I	316092808
DXIV	DIMENSIONAL ETF TRUST	6,448 (+4.2%)	$420 (+10.2%)	0.2%	$49.72	—	DIMENSIONAL INTL	25434V542
VT	VANGUARD INTL EQUITY INDEX F	3,045 (+6.6%)	$430 (+9.1%)	0.2%	$109.46	—	TT WRLD ST ETF	922042742
MSFT	MICROSOFT CORP	791 (+12.8%)	$383 (+5.4%)	0.1%	$281.25	+78.0%	COM	594918104
META	META PLATFORMS INC	496 (+7.4%)	$327 (-3.5%)	0.1%	$458.57	+45.5%	CL A	30303M102

Exited Positions (1)

ZAUG INNOVATOR ETFS TRUST 0.1%

Value ($000) $210 Shares 7,955 Est. Cost $24.66 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ZAUG	INNOVATOR ETFS TRUST	7,955	$210	0.1%	$24.66	—	—	45783Y111

Decreased Positions (14)

DUSB DIMENSIONAL ETF TRUST 1.2%

Value ($000) $2,989 (-31.9%) Shares 59,020 (-31.7%) Est. Cost $50.66 Unrealized —

PULS PGIM ETF TR 0.2%

Value ($000) $482 (-33.8%) Shares 9,714 (-33.5%) Est. Cost $49.77 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.5%

Value ($000) $1,208 (-10.3%) Shares 20,573 (-10.1%) Est. Cost $58.21 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value ($000) $477 (-16.4%) Shares 777 (-18.3%) Est. Cost $494.36 Unrealized —

DFSD DIMENSIONAL ETF TRUST 0.4%

Value ($000) $1,081 (-7.8%) Shares 22,544 (-7.3%) Est. Cost $46.87 Unrealized —

DFEV DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,710 (+4.0%) Shares 50,695 (-1.7%) Est. Cost $22.75 Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $239 (-15.9%) Shares 350 (-17.8%) Est. Cost $525.95 Unrealized —

CPSL CALAMOS ETF TR 0.2%

Value ($000) $495 (-8.1%) Shares 18,211 (-9.3%) Est. Cost $26.85 Unrealized —

DEHP DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,791 (+2.1%) Shares 55,548 (-3.3%) Est. Cost $21.57 Unrealized —

DFEM DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,706 (+1.9%) Shares 51,578 (-1.2%) Est. Cost $22.56 Unrealized —

BND VANGUARD BD INDEX FDS 0.5%

Value ($000) $1,386 (-2.1%) Shares 18,708 (-1.7%) Est. Cost $82.66 Unrealized —

BNDX VANGUARD CHARLOTTE FDS 0.2%

Value ($000) $426 (-4.1%) Shares 8,807 (-1.8%) Est. Cost $56.00 Unrealized —

AVXC AMERICAN CENTY ETF TR 0.2%

Value ($000) $625 (+1.8%) Shares 9,801 (-4.4%) Est. Cost $53.32 Unrealized —

AJUL INNOVATOR ETFS TRUST 0.1%

Value ($000) $245 (-1.7%) Shares 8,413 (-3.2%) Est. Cost $26.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DUSB	DIMENSIONAL ETF TRUST	59,020 (-31.7%)	$2,989 (-31.9%)	1.2%	$50.66	—	ULTRASHORT FIXED	25434V591
PULS	PGIM ETF TR	9,714 (-33.5%)	$482 (-33.8%)	0.2%	$49.77	—	PGIM ULTRA SH BD	69344A107
VGSH	VANGUARD SCOTTSDALE FDS	20,573 (-10.1%)	$1,208 (-10.3%)	0.5%	$58.21	—	SHORT TERM TREAS	92206C102
QQQ	INVESCO QQQ TR	777 (-18.3%)	$477 (-16.4%)	0.2%	$494.36	—	UNIT SER 1	46090E103
DFSD	DIMENSIONAL ETF TRUST	22,544 (-7.3%)	$1,081 (-7.8%)	0.4%	$46.87	—	SHORT DURATION F	25434V864
DFEV	DIMENSIONAL ETF TRUST	50,695 (-1.7%)	$1,710 (+4.0%)	0.7%	$22.75	—	EMERGING MKTS VA	25434V740
SPY	SPDR S&P 500 ETF TR	350 (-17.8%)	$239 (-15.9%)	0.1%	$525.95	—	TR UNIT	78462F103
CPSL	CALAMOS ETF TR	18,211 (-9.3%)	$495 (-8.1%)	0.2%	$26.85	—	LADDERED S&P 500	12811T738
DEHP	DIMENSIONAL ETF TRUST	55,548 (-3.3%)	$1,791 (+2.1%)	0.7%	$21.57	—	EMERGING MKTS HI	25434V757
DFEM	DIMENSIONAL ETF TRUST	51,578 (-1.2%)	$1,706 (+1.9%)	0.7%	$22.56	—	EMERGING MKTS CO	25434V732
BND	VANGUARD BD INDEX FDS	18,708 (-1.7%)	$1,386 (-2.1%)	0.5%	$82.66	—	TOTAL BND MRKT	921937835
BNDX	VANGUARD CHARLOTTE FDS	8,807 (-1.8%)	$426 (-4.1%)	0.2%	$56.00	—	TOTAL INT BD ETF	92203J407
AVXC	AMERICAN CENTY ETF TR	9,801 (-4.4%)	$625 (+1.8%)	0.2%	$53.32	—	AVANTIS EMERGING	02507A101
AJUL	INNOVATOR ETFS TRUST	8,413 (-3.2%)	$245 (-1.7%)	0.1%	$26.93	—	EQUITY DEFINED P	45783Y236

Unchanged Positions (9)

VTI VANGUARD INDEX FDS 7.4%

Value ($000) $19,347 Shares 57,706 Est. Cost $214.88 Unrealized —

DIHP DIMENSIONAL ETF TRUST 1.9%

Value ($000) $4,824 Shares 152,358 Est. Cost $22.75 Unrealized —

DFIV DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,942 Shares 38,926 Est. Cost $33.12 Unrealized —

DFAX DIMENSIONAL ETF TRUST 0.8%

Value ($000) $1,955 Shares 59,734 Est. Cost $25.91 Unrealized —

DFAT DIMENSIONAL ETF TRUST 1.1%

Value ($000) $2,776 Shares 46,620 Est. Cost $46.58 Unrealized —

DFUV DIMENSIONAL ETF TRUST 0.6%

Value ($000) $1,455 Shares 31,235 Est. Cost $31.57 Unrealized —

DFUS DIMENSIONAL ETF TRUST 0.6%

Value ($000) $1,584 Shares 21,352 Est. Cost $49.02 Unrealized —

VTV VANGUARD INDEX FDS 0.2%

Value ($000) $394 Shares 2,062 Est. Cost $149.48 Unrealized —

DFIP DIMENSIONAL ETF TRUST 0.2%

Value ($000) $636 Shares 15,299 Est. Cost $43.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD INDEX FDS	57,706	$19,347	7.4%	$214.88	—	TOTAL STK MKT	922908769
DIHP	DIMENSIONAL ETF TRUST	152,358	$4,824	1.9%	$22.75	—	INTL HIGH PROFIT	25434V765
DFIV	DIMENSIONAL ETF TRUST	38,926	$1,942	0.7%	$33.12	—	INTERNATNAL VAL	25434V807
DFAX	DIMENSIONAL ETF TRUST	59,734	$1,955	0.8%	$25.91	—	WORLD EX US CORE	25434V880
DFAT	DIMENSIONAL ETF TRUST	46,620	$2,776	1.1%	$46.58	—	US TARGETED VLU	25434V609
DFUV	DIMENSIONAL ETF TRUST	31,235	$1,455	0.6%	$31.57	—	US MKTWIDE VALUE	25434V724
DFUS	DIMENSIONAL ETF TRUST	21,352	$1,584	0.6%	$49.02	—	US EQUITY MARKET	25434V401
VTV	VANGUARD INDEX FDS	2,062	$394	0.2%	$149.48	—	VALUE ETF	922908744
DFIP	DIMENSIONAL ETF TRUST	15,299	$636	0.2%	$43.83	—	INFLATION PROTE	25434V856