Wealthfront Advisers LLC
"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 29 quarters, returned +3.4% per quarter — versus +2.0% per quarter from simply owning every 13F stock. It beat that baseline in only 58.6% of quarters (excess t = 1.21, 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 1119 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| VTI | $6.8B | | HOLD |
| VEA | $4.1B | | HOLD |
| IEMG | $3.4B | | HOLD |
| SCHF | $3.2B | | HOLD |
| VWO | $2.8B | | HOLD |
| ITOT | $2.5B | | ADD +4% |
| VIG | $2.2B | | ADD +5% |
| SCHB | $1.5B | | TRIM −2% |
| LQD | $1.4B | | ADD +16% |
| DGRO | $1.3B | | HOLD |
| VTEB | $1.3B | | ADD +5% |
| VNQ | $980M | | HOLD |
| SCHP | $935M | | ADD +3% |
| NVDA | $881M | | HOLD |
| VXF | $849M | | ADD +4% |
| VOO | $607M | | ADD +3% |
| VB | $520M | | HOLD |
| MUB | $490M | | ADD +3% |
| VCIT | $489M | | TRIM −13% |
| AAPL | $482M | | ADD +5% |
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.