13F
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Financial Synergies Wealth Advisors, Inc.

13F equity value
$1.0B
Positions
111
Top 10 concentration
73.0%
Quarters / total new picks
21 / 613
13F equity value over time
$0M$524M$1B20192020202120222023202420252026

"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.

Not significant Verdict

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 21 quarters, returned +3.9% per quarter — versus +2.3% per quarter from simply owning every 13F stock. It beat that baseline in only 52.4% of quarters (excess t = -0.98, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-3.4%
t-stat
-0.98
Quarterly win rate
52%
Annualized excess
+6.1%
$1 → follow vs universe
$1.99 vs $1.49
Cumulative return: $1 invested in new picks vs universe
1.00 20191231: universe 0.80720200331: universe 0.97320200630: universe 1.07420201231: universe 1.12320210331: universe 1.13320210630: universe 1.22420210930: universe 1.09920220331: universe 1.18020220630: universe 1.09320220930: universe 1.17420221231: universe 1.09020230331: universe 1.14920230630: universe 1.10820230930: universe 1.25720231231: universe 1.31420240331: universe 1.34320240930: universe 1.33220241231: universe 1.24320250630: universe 1.28220250930: universe 1.44120251231: universe 1.491 20191231: follow 0.94920200331: follow 1.07320200630: follow 1.13820201231: follow 1.42720210331: follow 1.42520210630: follow 1.32620210930: follow 1.01820220331: follow 1.02020220630: follow 0.94020220930: follow 1.01020221231: follow 0.95920230331: follow 0.97520230630: follow 0.96220230930: follow 1.08320231231: follow 1.14920240331: follow 1.19020240930: follow 1.26120241231: follow 1.34220250630: follow 1.44120250930: follow 1.63020251231: follow 1.987 0.74 1.44 2.15 2019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 111 · 2026 Q1

Ticker Value Weight QoQ
IVV $152M
14.5%
HOLD
VUG $113M
10.8%
HOLD
VO $111M
10.6%
HOLD
VTV $106M
10.2%
HOLD
EFV $67M
6.4%
TRIM
VEA $58M
5.6%
HOLD
EFG $54M
5.2%
HOLD
IEMG $46M
4.4%
TRIM
SCHG $36M
3.5%
ADD
VONV $20M
1.9%
HOLD
AVUV $20M
1.9%
HOLD
VB $20M
1.9%
TRIM
DFAS $20M
1.9%
HOLD
DFUV $15M
1.5%
HOLD
VBR $13M
1.2%
HOLD
AAPL $11M
1.1%
ADD
FNDF $9M
0.9%
HOLD
XOM $9M
0.9%
HOLD
SCHX $7M
0.7%
ADD
FBND $7M
0.7%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

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 47 days after quarter-end — the first day the public could act on the filing. 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.