ASSETMARK, INC
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 50 quarters, returned +1.1% per quarter — versus +2.0% per quarter from simply owning every 13F stock. It beat that baseline in only 38.0% of quarters (excess t = -1.24, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer
Top 20 holdings of 3553 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| MGK | $3.7B | | HOLD |
| VOO | $2.8B | | ADD +9% |
| MGV | $2.6B | | HOLD |
| NVDA | $1.2B | | ADD +5% |
| VBR | $1.2B | | ADD +20% |
| MINT | $1.0B | | ADD +8% |
| GOOGL | $977M | | ADD +5% |
| IEFA | $923M | | ADD +9% |
| AAPL | $894M | | ADD +4% |
| VOE | $875M | | ADD +2% |
| IEMG | $790M | | ADD +3% |
| MSFT | $782M | | ADD +4% |
| VOT | $659M | | HOLD |
| GOVT | $625M | | ADD +5% |
| JNK | $601M | | ADD +6% |
| VBK | $588M | | HOLD |
| AVGO | $588M | | TRIM −3% |
| SHYG | $563M | | ADD +5% |
| IVV | $562M | | ADD +42% |
| META | $553M | | ADD +4% |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q2
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.