Q3 2026 13F · SEC CIK 2023380

Traphagen Investment Advisors LLC

Wealth managerFiled 2026-10-14 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.5B
Reported positions: 227
Top holdings a year, 3 yrs: +13.1%
Assets under management: $2.3B

Traphagen Investment Advisors LLC is a wealth manager that reported 227 positions worth $1.5B in its Q3 2026 13F, filed 2026-10-14. Its largest holdings were Ishares Tr (IVV, 25.5%), Avantis U.S. Equity ETF (AVUS, 8.2%), Victory Portfolios II Victoryshares Free (VFLO, 7.4%). A portfolio copying its top holdings returned 13.1% a year over the last 3 years, against 18.4% for the S&P 500.

Traphagen Investment Advisors LLC holdings largest 50 of 227 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

Traphagen Investment Advisors LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
IVVIshares Tr	25.5%	25.8%	485,404	+0.6%	$371.7M
AVUSAvantis U.S. Equity ETF	8.2%	9.3%	936,821	-7.8%	$120.0M
VFLOVictory Portfolios II Victoryshares Free	7.4%	7.1%	2,113,109	-2.5%	$108.2M
GFLWVictory Portfolios II	5.5%	5.6%	2,424,672	+5.8%	$81.0M
JSIJanus Detroit Str Tr	4.2%	4.0%	1,214,201	+12.3%	$60.6M
FENIFidelity Covington Trust	3.6%	3.0%	1,305,824	+25.3%	$52.1M
AAPLApple Inc	3.4%	3.3%	147,517	-7.3%	$49.1M
JAAAJanus Detroit Str Tr	3.4%	3.2%	970,967	+10.2%	$49.0M
GRIDFirst Tr Exchange-Traded Fd	3.0%	3.7%	251,434	-7.1%	$44.5M
TPYPTortoise North	2.5%	2.7%	930,849	+5.1%	$37.1M
FUTYFidelity Covington Trust	1.9%	1.9%	551,387	+22.7%	$28.1M
VGITVanguard Scottsdale Fds	1.9%	1.9%	495,898	+12.2%	$28.1M
SGOVIshares Tr	1.8%	1.8%	262,472	+4.6%	$26.4M
GPZVaneck ETF Trust	1.7%	1.6%	1,143,887	+7.8%	$24.4M
ALAIThe Alger ETF Trust	1.7%	1.3%	519,214	+25.6%	$24.1M
VOOVanguard Index Fds	1.2%	1.3%	26,011	+1.3%	$18.2M
BITBBitwise Bitcoin ETF Tr	1.2%	0.8%	399,925	+21.2%	$18.1M
VTIVanguard Index Fds	1.2%	1.2%	47,143	+1.2%	$17.6M
FREIFidelity Secs Fd	1.2%	—	716,951	—	$17.2M
TLTWIshares Tr	0.9%	0.6%	631,853	+83.0%	$12.8M
CMECme Group Inc	0.9%	0.8%	48,615	+0.0%	$12.7M
SCHDSchwab Strategic Tr	0.9%	0.6%	387,252	+39.1%	$12.6M
BRK-ABerkshire Hathaway Inc Del	0.7%	0.7%	14	+0.0%	$10.5M
NVDANvidia Corporation	0.6%	0.6%	40,781	+3.4%	$9.3M
GSGoldman Sachs Group Inc	0.6%	0.7%	10,147	+0.1%	$9.1M
ICEIntercontinental Exchange Inc	0.6%	0.5%	56,190	+0.0%	$8.5M
MSFTMicrosoft Corp	0.6%	0.4%	16,041	+2.9%	$8.2M
IGMIshares Tr	0.4%	0.4%	33,611	+1.4%	$5.7M
GBTCGrayscale Bitcoin Trust ETF	0.4%	0.3%	82,915	-0.5%	$5.4M
AMZNAmazon Com Inc	0.3%	0.3%	20,046	+2.1%	$5.0M
IBITIshares Bitcoin Trust ETF	0.3%	0.2%	102,089	+12.8%	$4.8M
GOOGAlphabet Inc	0.3%	0.3%	13,569	+0.5%	$4.6M
PZAInvesco Exch Traded Fd Tr II	0.3%	0.4%	210,890	-4.1%	$4.5M
BRK-BBerkshire Hathaway Inc Del	0.3%	0.3%	8,858	+2.8%	$4.4M
JPMJpmorgan Chase & Co	0.3%	0.3%	12,817	-4.8%	$4.2M
GOOGLAlphabet Inc	0.3%	0.3%	12,085	+7.8%	$4.2M
PEGPublic Svc Enterprise Group	0.3%	0.3%	60,422	+0.4%	$4.1M
MUBIshares Tr	0.2%	0.3%	35,274	-15.5%	$3.6M
SCHXSchwab Strategic Tr	0.2%	0.2%	112,595	+0.4%	$3.4M
TXXIBondbloxx ETF Trust	0.2%	—	69,911	—	$3.3M
HDHome Depot Inc	0.2%	0.3%	11,578	+0.7%	$3.3M
SPYState Str Spdr S&p 500 ETF T	0.2%	0.2%	3,990	+1.3%	$3.0M
SHYIshares Tr	0.2%	0.5%	36,819	-58.6%	$3.0M
XOMExxonmobil Holdings Corp	0.2%	—	17,425	—	$2.8M
CVXChevron Corporation	0.2%	—	13,735	—	$2.8M
STXFEa Series Trust	0.2%	0.2%	54,326	-0.9%	$2.7M
CATCaterpillar Inc	0.2%	0.2%	3,232	+1.3%	$2.6M
JNJJohnson & Johnson	0.2%	0.2%	9,790	-0.3%	$2.6M
QQQInvesco Qqq Tr	0.2%	—	3,403	—	$2.5M
COWZPacer Fds Tr	0.2%	0.2%	37,418	-17.7%	$2.5M

What Traphagen Investment Advisors LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 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: +17.1% /yr; S&P 500 +20.1%
3 years: +13.1% /yr; S&P 500 +18.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$1.5B	227
Q2 2026	$1.4B	219
Q1 2026	$1.2B	207
Q4 2025	$1.2B	196
Q3 2025	$1.2B	192
Q2 2025	$1.1B	188
Q1 2025	$958.0M	183
Q4 2024	$983.0M	180
Q3 2024	$991.2M	176
Q2 2024	$921.2M	174
Q1 2024	$937.6M	175
Q4 2023	$852.1M	173

Questions about Traphagen Investment Advisors LLC's portfolio

What stocks does Traphagen Investment Advisors LLC own?

Traphagen Investment Advisors LLC's latest 13F, for Q3 2026 and filed Oct 14, 2026, lists 227 positions worth $1.5B. The largest are Ishares Tr (IVV) at 25.5%, Avantis U.S. Equity ETF (AVUS) at 8.2%, Victory Portfolios II Victoryshares Free (VFLO) at 7.4%, Victory Portfolios II (GFLW) at 5.5% and Janus Detroit Str Tr (JSI) at 4.2%.

What did Traphagen Investment Advisors LLC buy last quarter?

In Q3 2026, Traphagen Investment Advisors LLC added Ishares Tr (TLTW) (+83.0% shares), Schwab Strategic Tr (SCHD) (+39.1% shares) and The Alger ETF Trust (ALAI) (+25.6% shares), compared with its Q2 2026 filing.

What did Traphagen Investment Advisors LLC sell last quarter?

In Q3 2026, Traphagen Investment Advisors LLC cut from its top 50 Bluerock Pvt Real Estate Fd (BPRE), cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Cisco Sys Inc (CSCO), cut from its top 50 Abbvie Inc (ABBV), cut from its top 50 Vanguard Index Fds (VXF), Ishares Tr (SHY) (-58.6% shares), Pacer Fds Tr (COWZ) (-17.7% shares) and Ishares Tr (MUB) (-15.5% shares), compared with its Q2 2026 filing.

How has Traphagen Investment Advisors LLC's portfolio performed?

A portfolio copying Traphagen Investment Advisors LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.1% a year over the last 3 years, against +18.4% for the S&P 500. Over 1 year: +17.1% against +20.1%.

When is Traphagen Investment Advisors LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Traphagen Investment Advisors LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Traphagen Investment Advisors LLC manage?

Traphagen Investment Advisors LLC reported $2.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.5B.