Divergent Planning, LLC

Portfolio Overview

Divergent Planning, LLC disclosed 36 positions worth $391.5M in its Form 13F-HR for Q4 2025. During the quarter the fund opened 1 new position and exited 2 — including a new stake in $MS and a full exit from $BRK-A. The portfolio is most concentrated in Other (97.7% of disclosed assets). All figures are sourced directly from Divergent Planning, LLC’s Form 13F-HR filing with the SEC under CIK 1730787.

• ISHARES TR

  —

  Quality

  $102.1M148,837 sh

• AMERICAN CENTY ETF TR

  —

  Quality

  $50.2M529,894 sh
• 

  SPDR S&P MIDCAP 400 ETF TRUST

  $MDY

  —

  Quality

  $46.6M76,242 sh

• JANUS DETROIT STR TR

  —

  Quality

  $41.8M918,067 sh

• AMERICAN CENTY ETF TR

  —

  Quality

  $27.3M242,241 sh

• DIMENSIONAL ETF TRUST

  —

  Quality

  $25.4M361,021 sh

• JANUS DETROIT STR TR

  —

  Quality

  $21.1M417,349 sh

• VANGUARD MUN BD FDS

  —

  Quality

  $14.7M292,191 sh

• DIMENSIONAL ETF TRUST

  —

  Quality

  $13.4M314,352 sh

• RBB FD INC

  —

  Quality

  $11.3M227,379 sh

Company	Quality	Value	Shares
ISHARES TR	—	$102.1M	148,837
AMERICAN CENTY ETF TR	—	$50.2M	529,894
SPDR S&P MIDCAP 400 ETF TRUST$MDY	—	$46.6M	76,242
JANUS DETROIT STR TR	—	$41.8M	918,067
AMERICAN CENTY ETF TR	—	$27.3M	242,241
DIMENSIONAL ETF TRUST	—	$25.4M	361,021
JANUS DETROIT STR TR	—	$21.1M	417,349
VANGUARD MUN BD FDS	—	$14.7M	292,191
DIMENSIONAL ETF TRUST	—	$13.4M	314,352
RBB FD INC	—	$11.3M	227,379

Showing top 10 of 36 holdings.

Full Holdings — Divergent Planning, LLC (Q4 2025)

All 36 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR	$102.1M	26.1%	-49%	—
2	—	AMERICAN CENTY ETF TR	$50.2M	12.8%	-50%	—
3	$MDY	SPDR S&P MIDCAP 400 ETF TRUST	$46.6M	11.9%	-47%	—
4	—	JANUS DETROIT STR TR	$41.8M	10.7%	-46%	—
5	—	AMERICAN CENTY ETF TR	$27.3M	7.0%	-48%	—
6	—	DIMENSIONAL ETF TRUST	$25.4M	6.5%	-48%	—
7	—	JANUS DETROIT STR TR	$21.1M	5.4%	-46%	—
8	—	VANGUARD MUN BD FDS	$14.7M	3.8%	-48%	—
9	—	DIMENSIONAL ETF TRUST	$13.4M	3.4%	-52%	—
10	—	RBB FD INC	$11.3M	2.9%	-34%	—
11	—	VANGUARD SCOTTSDALE FDS	$9.6M	2.5%	-44%	—
12	—	AMERICAN CENTY ETF TR	$9.1M	2.3%	-44%	—
13	—	SCHWAB STRATEGIC TR	$6.3M	1.6%	-48%	—
14	$AAPL	Apple Inc.	$2.3M	0.6%	-52%	76.3
15	$DOV	DOVER Corp	$989,584	0.3%	-53%	57.8
16	$MAR	MARRIOTT INTERNATIONAL INC /MD/	$945,558	0.2%	-53%	61.3
17	$MS	MORGAN STANLEY	$762,707	0.2%	NEW	75.7
18	$MSFT	MICROSOFT CORP	$715,379	0.2%	-57%	79.7
19	—	VANGUARD INDEX FDS	$646,420	0.2%	-54%	—
20	$QQQ	INVESCO QQQ TRUST, SERIES 1	$635,266	0.2%	-45%	—
21	$AMZN	AMAZON COM INC	$579,840	0.1%	-51%	68.4
22	$V	VISA INC.	$555,754	0.1%	-50%	82.7
23	$LMT	LOCKHEED MARTIN CORP	$501,544	0.1%	-50%	65.4
24	—	ISHARES TR	$454,468	0.1%	-49%	—
25	—	ISHARES TR	$408,846	0.1%	-49%	—
26	—	VANGUARD INDEX FDS	$384,098	0.1%	-54%	—
27	$GOOGL	Alphabet Inc.	$361,987	0.1%	-52%	78.1
28	$IVZ	Invesco Ltd.	$337,582	0.1%	-50%	—
29	—	VANGUARD INDEX FDS	$322,804	0.1%	-52%	—
30	$GLD	SPDR GOLD TRUST	$308,667	0.1%	-50%	—
31	$ACN	Accenture plc	$302,062	0.1%	-46%	—
32	—	VANGUARD INDEX FDS	$294,673	0.1%	-50%	—
33	—	ISHARES TR	$241,962	0.1%	-51%	—
34	$NVDA	NVIDIA CORP	$219,633	0.1%	-16%	85.9
35	$FSCO	FS Credit Opportunities Corp.	$64,427	0.0%	-54%	—
36	$HCAT	Health Catalyst, Inc.	$25,075	0.0%	-50%	21.6