Q2 2026 13F · SEC CIK 1939237

Highland Financial Advisors, LLC

Wealth managerFiled 2026-07-09 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $454.6M
Reported positions: 73
Top holdings a year, 3 yrs: +18.0%
Assets under management: $640.0M

Highland Financial Advisors, LLC is a wealth manager that reported 73 positions worth $454.6M in its Q2 2026 13F, filed 2026-07-09. Its largest holdings were Spdr Series Trust (SPLG, 10.2%), Invesco Nasdaq 100 ETF (QQQM, 10.0%), Avantis U.s. Equity ETF (AVUS, 9.3%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.

Highland Financial Advisors, LLC holdings largest 50 of 73 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Highland Financial Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPLGSpdr Series Trust	10.2%	11.1%	528,512	-3.6%	$46.4M
QQQMInvesco Nasdaq 100 ETF	10.0%	9.9%	149,327	-5.4%	$45.2M
AVUSAvantis U.s. Equity ETF	9.3%	9.8%	331,484	-1.1%	$42.5M
DFAUDimensional US Core Equity Market ETF	9.0%	9.7%	794,482	-1.9%	$41.1M
VONGVanguard Russell 1000 Growth ETF	8.4%	7.2%	299,639	+21.4%	$38.3M
AVDEAvantis International Equity ETF	7.9%	5.5%	405,093	+66.2%	$36.1M
AVUVAvantis US Small Cap Value ETF	5.5%	6.0%	199,471	-2.5%	$24.9M
AVIGAmerican Centy ETF Tr	5.4%	6.2%	594,740	+5.3%	$24.6M
AVSUAmerican Centy ETF Tr	3.4%	2.9%	175,042	+15.9%	$15.5M
IWFIshares Russell 1000 Growth ETF	2.9%	2.9%	104,434	+299.7%	$13.0M
SGOViShares 0-3 Month Treasury Bon	2.5%	2.9%	113,186	+4.0%	$11.4M
AVEMAmerican Centy ETF Tr	2.5%	2.2%	115,763	+10.1%	$11.2M
AVDVAvantis International Small Cap Value Et	2.5%	—	108,171	—	$11.1M
XCEMColumbia ETF Tr II	2.2%	1.9%	190,599	+8.2%	$10.1M
VTIVanguard Index Fds	2.2%	2.2%	26,872	+5.2%	$9.9M
IAUIshares Gold Trust	2.1%	3.1%	123,538	-7.4%	$9.3M
AVSDAmerican Centy ETF Tr	1.4%	0.5%	80,278	+193.0%	$6.4M
USXFiShares ESG Advanced MSCI USA E	1.2%	0.7%	77,452	+60.7%	$5.4M
SMINIshares Tr	0.9%	0.7%	56,378	+36.7%	$4.0M
GINNGoldman Sachs ETF Tr	0.8%	4.5%	46,412	-81.5%	$3.7M
SCHGSchwab U.s. Large-Cap Growth ETF	0.7%	0.8%	96,624	-8.9%	$3.3M
XJRIshares Tr	0.7%	0.6%	57,493	+12.3%	$3.0M
AVSEAmerican Centy ETF Tr	0.6%	0.4%	30,967	+26.8%	$2.5M
AAPLApple Inc	0.5%	0.5%	7,679	+1.9%	$2.2M
MEARIshares Short Maturity Municipal Bond Ac	0.5%	0.5%	41,490	+3.2%	$2.1M
IEFAIshares Core Msci Eafe ETF	0.4%	0.5%	20,291	+3.0%	$2.0M
PMPhilip Morris Intl Inc Com	0.4%	0.5%	10,792	-3.4%	$2.0M
JPMJpmorgan Chase & Co	0.4%	0.4%	4,883	+0.3%	$1.6M
AMZNAmazon Com Inc Com	0.3%	0.3%	6,350	+4.1%	$1.5M
VGTVanguard Info Tech	0.3%	0.6%	12,532	+309.0%	$1.5M
VYMVym	0.3%	0.4%	9,138	-3.0%	$1.4M
DFAEDimensional ETF Trust	0.3%	0.3%	33,256	+16.5%	$1.3M
SLYVSpdr Series Trust	0.3%	0.3%	12,179	+6.9%	$1.3M
FBTCFidelity Wise Origin Bitcoin	0.2%	0.3%	22,085	+7.6%	$1.1M
DFAWDimensional ETF Trust	0.2%	0.2%	12,587	+0.0%	$1.0M
MOAltria Group Inc	0.2%	0.3%	14,437	-5.2%	$1.0M
XOMExxon Mobil Corp	0.2%	0.2%	6,117	+10.5%	$836K
XVVIshares Tr	0.2%	0.2%	14,285	-15.3%	$811K
VONEVanguard Scottsdale Fds	0.2%	—	2,050	—	$694K
MSFTMicrosoft Corp	0.2%	0.2%	1,840	+8.6%	$686K
QQQInvesco Qqq Tr	0.1%	0.1%	902	+52.1%	$664K
IVVIshares Core S&p 500 ETF	0.1%	0.2%	846	-39.8%	$634K
VTVVanguard Value ETF	0.1%	0.1%	2,752	+5.0%	$600K
DFACDimensional U.s. Core Equity 2	0.1%	0.1%	12,807	+0.0%	$568K
VOOVanguard S&p 500 ETF	0.1%	0.1%	827	+0.1%	$568K
BRK-BBerkshire Hathaway Inc Del	0.1%	0.2%	1,120	-12.6%	$560K
NVDANvidia Corporation Com	0.1%	0.1%	2,659	+8.0%	$532K
GOOGLAlphabet Inc	0.1%	—	1,487	—	$531K
METAMeta Platforms Inc Class A	0.1%	0.1%	881	+2.7%	$496K
GOOGAlphabet Inc	0.1%	0.1%	1,391	+9.8%	$491K

What Highland Financial Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VGT Vanguard Info Tech+309.0% shares
IWF Ishares Russell 1000 Growth ETF+299.7% shares
AVSD American Centy ETF Tr+193.0% shares
AVDE Avantis International Equity ETF+66.2% shares
USXF iShares ESG Advanced MSCI USA E+60.7% shares
QQQ Invesco Qqq Tr+52.1% shares
SMIN Ishares Tr+36.7% shares
AVSE American Centy ETF Tr+26.8% shares

Reduced

GINN Goldman Sachs ETF Tr-81.5% shares
IVV Ishares Core S&p 500 ETF-39.8% shares
XVV Ishares Tr-15.3% shares
BRK-B Berkshire Hathaway Inc Del-12.6% shares
SCHG Schwab U.s. Large-Cap Growth ETF-8.9% shares
IAU Ishares Gold Trust-7.4% shares
QQQM Invesco Nasdaq 100 ETF-5.4% shares
MO Altria Group Inc-5.2% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +20.2% /yr; S&P 500 +20.1%
3 years: +18.0% /yr; S&P 500 +20.4%
5 years: +13.3% /yr; S&P 500 +15.9%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$454.6M	73
Q1 2026	$378.7M	67
Q4 2025	$360.7M	66
Q3 2025	$348.8M	58
Q2 2025	$311.5M	54
Q1 2025	$279.6M	53
Q4 2024	$288.7M	57
Q3 2024	$281.4M	52
Q2 2024	$268.9M	54
Q1 2024	$249.9M	54
Q4 2023	$230.0M	54
Q3 2023	$193.1M	44

Questions about Highland Financial Advisors, LLC's portfolio

What stocks does Highland Financial Advisors, LLC own?

Highland Financial Advisors, LLC's latest 13F, for Q2 2026 and filed Jul 9, 2026, lists 73 positions worth $454.6M. The largest are Spdr Series Trust (SPLG) at 10.2%, Invesco Nasdaq 100 ETF (QQQM) at 10.0%, Avantis U.s. Equity ETF (AVUS) at 9.3%, Dimensional US Core Equity Market ETF (DFAU) at 9.0% and Vanguard Russell 1000 Growth ETF (VONG) at 8.4%.

What did Highland Financial Advisors, LLC buy last quarter?

In Q2 2026, Highland Financial Advisors, LLC added Vanguard Info Tech (VGT) (+309.0% shares), Ishares Russell 1000 Growth ETF (IWF) (+299.7% shares) and American Centy ETF Tr (AVSD) (+193.0% shares), compared with its Q1 2026 filing.

What did Highland Financial Advisors, LLC sell last quarter?

In Q2 2026, Highland Financial Advisors, LLC cut from its top 50 Johnson & Johnson (JNJ), cut from its top 50 Tesla Inc Com (TSLA), cut from its top 50 Ishares Tr (EAGG), Goldman Sachs ETF Tr (GINN) (-81.5% shares), Ishares Core S&p 500 ETF (IVV) (-39.8% shares) and Ishares Tr (XVV) (-15.3% shares), compared with its Q1 2026 filing.

How has Highland Financial Advisors, LLC's portfolio performed?

A portfolio copying Highland Financial Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.2% against +20.1%. Over 5 years: +13.3% a year against +15.9%.

When is Highland Financial Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Highland Financial Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Highland Financial Advisors, LLC manage?

Highland Financial Advisors, LLC reported $640.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $454.6M.