Flagstone Financial Management
Sector Allocation
- Other93.5%$418.2M
- Financials2.9%$12.9M
- Technology2.1%$9.4M
- Industrials0.4%$1.8M
- Energy0.3%$1.2M
- Consumer Staples0.2%$1.0M
- Real Estate0.2%$703,814
- Healthcare0.2%$703,507
- Consumer Discretionary0.1%$609,674
- Utilities0.1%$423,296
AUM History
13fpro.ai/research/fund/flagstone-financial-management-1968890
Conviction and streaks
Stable · top 10 = 80.4%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- DIMENSIONAL$127.4M
- ISHARES$44.8M
- SPDR$33.4M
- SPDR$28.2M
- SPDR$25.7M
- AMERICAN$24.4M
- VANGUARD$24.0M
- DIMENSIONAL$19.4M
- AMERICAN$16.9M
- AMERICAN$15.3M
- VANGUARD$11.7M
- PIMCO$9.9M
- AMERICAN$8.5M
BRK.B
$6.1M- AMERICAN$4.5M
- ISHARES$3.4M
AAPL
$3.3M- DIMENSIONAL$2.6M
- SPDR$2.3M
- ISHARES$2.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/flagstone-financial-management-1968890
Flagstone Financial Management 13F holdings — Q2 2026
$447.2M portfolio (+11.0% QoQ) · 77 holdings · Q2 2026 13F · top 10 are 80% of the stock portfolio
- 1
DIMENSIONAL ETF TRUST - US EQUI MARK ETF
$127.4M
28.5% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 2
ISHARES TR - ISHS 5-10YR INVT
$44.8M
10.0% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 3
SPDR INDEX SHS FDS - ST STR PO EX ETF
$33.4M
7.5% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
SPDR SERIES TRUST - ST SHOR CORP ETF
$28.2M
6.3% of stocks
+3%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
SPDR SERIES TRUST - ST INTER ETF
$25.7M
5.8% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 6
AMERICAN CENTY ETF TR - US SML CP VALU
$24.4M
5.5% of stocks
+0.9%This quarter—Since filed—HeldAIQuality—Est. buy— - 7
VANGUARD CHARLOTTE FDS - TOTAL INT BD ETF
$24.0M
5.4% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
DIMENSIONAL ETF TRUST - EMERGING MKTS CO
$19.4M
4.3% of stocks
-2%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
AMERICAN CENTY ETF TR - US EQT ETF
$16.9M
3.8% of stocks
-2%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
AMERICAN CENTY ETF TR - INTL SMCP VLU
$15.3M
3.4% of stocks
+1%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST - US EQUI MARK ETF | $127.4M | 28.5% | +2% | — | — | — | — | |
| 2 | ISHARES TR - ISHS 5-10YR INVT | $44.8M | 10.0% | +4% | — | — | — | — | |
| 3 | SPDR INDEX SHS FDS - ST STR PO EX ETF | $33.4M | 7.5% | +2% | — | — | — | — | |
| 4 | SPDR SERIES TRUST - ST SHOR CORP ETF | $28.2M | 6.3% | +3% | — | — | — | — | |
| 5 | SPDR SERIES TRUST - ST INTER ETF | $25.7M | 5.8% | +4% | — | — | — | — | |
| 6 | AMERICAN CENTY ETF TR - US SML CP VALU | $24.4M | 5.5% | +0.9% | — | — | — | — | |
| 7 | VANGUARD CHARLOTTE FDS - TOTAL INT BD ETF | $24.0M | 5.4% | +4% | — | — | — | — | |
| 8 | DIMENSIONAL ETF TRUST - EMERGING MKTS CO | $19.4M | 4.3% | -2% | — | — | — | — | |
| 9 | AMERICAN CENTY ETF TR - US EQT ETF | $16.9M | 3.8% | -2% | — | — | — | — | |
| 10 | AMERICAN CENTY ETF TR - INTL SMCP VLU | $15.3M | 3.4% | +1% | — | — | — | — |
All holdings — Flagstone Financial Management (Q2 2026)
77 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — | VANGUARD INDEX FDS - REAL ESTATE ETFetf/fund | — | $11.7M | 2.6% | 121K | +3% | — | — | 13F |
| 12 | — | PIMCO ETF TR - INTER MUN BD ACTetf/fund | — | $9.9M | 2.2% | 188K | +13% | — | — | 13F |
| 13 | — | AMERICAN CENTY ETF TR - AVANTIS EMGMKTetf/fund | — | $8.5M | 1.9% | 88K | -4% | — | — | 13F |
| 14 | BERKSHIRE HATHAWAY INC | Financials | $6.1M | 1.4% | 12K | -0.2% | 7+ qtrs | 73.5 | 13F | |
| 15 | — | AMERICAN CENTY ETF TR - INTL EQT ETFetf/fund | — | $4.5M | 1.0% | 51K | -1% | — | — | 13F |
| 16 | — | ISHARES TR - NATIONAL MUN ETFetf/fund | — | $3.4M | 0.8% | 31K | +4% | — | — | 13F |
| 17 | Apple Inc. | Technology | $3.3M | 0.7% | 11K | -1% | 7+ qtrs | 75.7 | 13F | |
| 18 | — | DIMENSIONAL ETF TRUST - US SUSTAINABILTYetf/fund | — | $2.6M | 0.6% | 56K | +3% | — | — | 13F |
| 19 | — | SPDR SERIES TRUST - ST STR PR SP1500etf/fund | — | $2.3M | 0.5% | 25K | — | — | — | 13F |
| 20 | — | ISHARES TR - ESG AWRE 1 5 YRetf/fund | — | $2.2M | 0.5% | 90K | +4% | — | — | 13F |
| 21 | JPMORGAN CHASE & CO | Financials | $2.2M | 0.5% | 6,694 | — | 7+ qtrs | 71.9 | 13F | |
| 22 | MICROSOFT CORP | Technology | $1.9M | 0.4% | 5,100 | +0.5% | 7+ qtrs | 79.8 | 13F | |
| 23 | US BANCORP DE | Financials | $1.4M | 0.3% | 24K | -3% | 7+ qtrs | 66.4 | 13F | |
| 24 | — | DIMENSIONAL ETF TRUST - US SMALL CAP ETFetf/fund | — | $1.4M | 0.3% | 35K | -5% | — | — | 13F |
| 25 | — | AMERICAN CENTY ETF TR - REAL ESTATE ETFetf/fund | — | $1.4M | 0.3% | 29K | +0.7% | — | — | 13F |
| 26 | — | DIMENSIONAL ETF TRUST - EMGR CRE EQT MNG | — | $1.3M | 0.3% | 31K | — | |||
| 27 | $NVDA | NVIDIA CORP | Technology | $1.0M | 0.2% | 5,043 | +0.1% | |||
| 28 | $GOOG | Alphabet Inc. | Technology | $972K | 0.2% | 2,752 | -7% | |||
| 29 | — | DIMENSIONAL ETF TRUST - GLOBAL SUSTAINA | — | $901K | 0.2% | 17K | +0.9% | |||
| 30 | $XOM.R34088 | EXXON MOBIL CORP | Energy | $893K | 0.2% | 6,531 | -4% | |||
| 31 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $888K | 0.2% | 11K | +0.1% | |||
| 32 | — | DIMENSIONAL ETF TRUST - INTERNATIONAL | — | $886K | 0.2% | 20K | +3% | |||
| 33 | — | ISHARES TR - RUS MID CAP ETF | — | $863K | 0.2% | 7,823 | — | |||
| 34 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $765K | 0.2% | 2,068 | -1.0% | |||
| 35 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | — | $755K | 0.2% | 3,190 | — | |||
| 36 | $BRK.A | BERKSHIRE HATHAWAY INC | Financials | $749K | 0.2% | 1 | — | |||
| 37 | $DE | DEERE & CO | Industrials | $655K | 0.1% | 1,032 | — | |||
| 38 | — | VANGUARD SCOTTSDALE FDS - INTER TERM TREAS | — | $626K | 0.1% | 11K | — | |||
| 39 | $AMZN | AMAZON COM INC | Consumer Discretionary | $610K | 0.1% | 2,558 | +19% | |||
| 40 | $MA | Mastercard Inc | Financials | $586K | 0.1% | 1,140 | — | |||
| 41 | — | DIMENSIONAL ETF TRUST - EMER MARK SU ETF | — | $564K | 0.1% | 12K | -1% | |||
| 42 | $MKL | MARKEL GROUP INC. | Financials | $551K | 0.1% | 282 | +11% | |||
| 43 | — | ISHARES TR - RUSSELL 2000 ETF | — | $528K | 0.1% | 1,758 | — | |||
| 44 | $JNJ | JOHNSON & JOHNSON | Healthcare | $484K | 0.1% | 1,906 | -2% | |||
| 45 | $ORCL | ORACLE CORP | Technology | $480K | 0.1% | 3,278 | — | |||
| 46 | — | DIMENSIONAL ETF TRUST - US REAL ESTA ETF | — | $471K | 0.1% | 18K | -15% | |||
| 47 | $PEP | PEPSICO INC | Consumer Staples | $460K | 0.1% | 3,400 | — | |||
| 48 | $CSCO | CISCO SYSTEMS, INC. | Technology | $417K | 0.1% | 3,551 | — | |||
| 49 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $386K | 0.1% | 524 | -2% | |||
| 50 | — | SPDR SERIES TRUST - ST INTER BD ETF | — | $386K | 0.1% | 12K | — | |||
| 51 | — | DIMENSIONAL ETF TRUST - INTERNATNAL VAL | — | $375K | 0.1% | 6,939 | -5% | |||
| 52 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | — | $371K | 0.1% | 5,205 | -21% | |||
| 53 | $ELS | EQUITY LIFESTYLE PROPERTIES INC | Real Estate | $366K | 0.1% | 5,677 | — | |||
| 54 | $AMAT | APPLIED MATERIALS INC /DE | Technology | $361K | 0.1% | 499 | New | |||
| 55 | $GOOGL | Alphabet Inc. | Technology | $353K | 0.1% | 987 | — | |||
| 56 | $STX | Seagate Technology Holdings plc | Technology | $352K | 0.1% | 365 | New | |||
| 57 | $BOC | BOSTON OMAHA Corp | Real Estate | $338K | 0.1% | 25K | +2% | |||
| 58 | $ROK | ROCKWELL AUTOMATION, INC | Industrials | $337K | 0.1% | 681 | — | |||
| 59 | $WMT | Walmart Inc. | Consumer Staples | $311K | 0.1% | 2,745 | — | |||
| 60 | $UNP | UNION PACIFIC CORP | Industrials | $297K | 0.1% | 1,093 | — | |||
| 61 | — | SELECT SECTOR SPDR TR - ST STR TECHN ETF | — | $290K | 0.1% | 1,522 | — | |||
| 62 | — | DIMENSIONAL ETF TRUST - US TARGETED VLU | — | $287K | 0.1% | 4,113 | — | |||
| 63 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $280K | 0.1% | 6,619 | +0.2% | |||
| 64 | — | SELECT SECTOR SPDR TR - ST STR FINL ETF | — | $280K | 0.1% | 5,227 | — | |||
| 65 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $276K | 0.1% | 4,836 | — | |||
| 66 | $ETN | Eaton Corp plc | Industrials | $272K | 0.1% | 639 | -4% | |||
| 67 | $VLO | VALERO ENERGY CORP/TX | Energy | $260K | 0.1% | 1,000 | — | |||
| 68 | $SPY | SPDR S&P 500 ETF TRUST | — | $252K | 0.1% | 337 | — | |||
| 69 | — | ISHARES TR - 3 7 YR TREAS BD | — | $240K | 0.1% | 2,042 | — | |||
| 70 | $PM | Philip Morris International Inc. | Consumer Staples | $235K | 0.1% | 1,300 | — | |||
| 71 | — | ISHARES TR - CORE MSCI EAFE | — | $234K | 0.1% | 2,418 | — | |||
| 72 | $PANW | Palo Alto Networks Inc | Technology | $228K | 0.1% | 670 | New | |||
| 73 | $V | VISA INC. | Financials | $222K | 0.1% | 646 | New | |||
| 74 | $GILD | GILEAD SCIENCES, INC. | Healthcare | $219K | 0.1% | 1,737 | — | |||
| 75 | $D | DOMINION ENERGY, INC | Utilities | $219K | 0.1% | 3,200 | New | |||
| 76 | $CAT | CATERPILLAR INC | Industrials | $213K | 0.1% | 200 | New | |||
| 77 | $NEE | NEXTERA ENERGY INC | Utilities | $205K | 0.1% | 2,333 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 6 new, 23 added to, 18 trimmed, 0 sold out. Share-count changes; largest moves by dollar size first.
New positions (6)
$AMATAPPLIED MATERIALS INC /DE$361K
first bought this quarter
$STXSeagate Technology Holdings plc$352K
first bought this quarter
$PANWPalo Alto Networks Inc$228K
first bought this quarter
$VVISA INC.$222K
first bought this quarter
$DDOMINION ENERGY, INC$219K
first bought this quarter
$CATCATERPILLAR INC$213K
first bought this quarter
Added to (23)
- DIMENSIONAL ETF TRUST - US EQUI MARK ETF+2%
now $127.4M
- ISHARES TR - ISHS 5-10YR INVT+4%
now $44.8M
- PIMCO ETF TR - INTER MUN BD ACT+13%
now $9.9M
- SPDR SERIES TRUST - ST INTER ETF+4%
now $25.7M
- VANGUARD CHARLOTTE FDS - TOTAL INT BD ETF+4%
now $24.0M
- SPDR SERIES TRUST - ST SHOR CORP ETF+3%
now $28.2M
+17 more in the Excel export
Trimmed (18)
- DIMENSIONAL ETF TRUST - EMERGING MKTS CO-2%
now $19.4M
- AMERICAN CENTY ETF TR - AVANTIS EMGMKT-4%
now $8.5M
- AMERICAN CENTY ETF TR - US EQT ETF-2%
now $16.9M
- VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT-21%
now $371K
- DIMENSIONAL ETF TRUST - US REAL ESTA ETF-15%
now $471K
- DIMENSIONAL ETF TRUST - US SMALL CAP ETF-5%
now $1.4M
+12 more in the Excel export
Sold out (0)
No positions sold out this quarter.
Holdings by quarter
Every 13F Flagstone Financial Management has filed, 14 earlier quarters. Pick one to see what it held then.
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Q2 2026 13F filed with the SEC on Jul 21, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of Flagstone Financial Management's top 20 holdings: 72/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
+5.2%
Value-weighted move of the 10 largest stock positions
Turnover
0%
Last quarter; 2% over the last 4
Top 10 weight
80%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
84%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Flagstone Financial Management disclosed 77 positions worth $447.2M in its Form 13F-HR for Q2 2026. During the quarter the fund opened 6 new positions and exited 0 — including a new stake in $AMAT. The portfolio is most concentrated in Other (93.5% of disclosed assets). All figures are sourced directly from Flagstone Financial Management’s Form 13F-HR filing with the SEC under CIK 1968890.
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AI-Powered Hedge Fund Analysis: Flagstone Financial Management
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Every holding in Flagstone Financial Management's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.