Q3 2026 13F · SEC CIK 1939237

Highland Financial Advisors, LLC

Wealth managerFiled 2026-10-19 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $469.4M
Reported positions: 82
Top holdings a year, 3 yrs: +18.0%
Assets under management: $640.0M

Highland Financial Advisors, LLC is a wealth manager that reported 82 positions worth $469.4M in its Q3 2026 13F, filed 2026-10-19. Its largest holdings were Spdr Series Trust (SPLG, 9.9%), Invesco Exch Traded Fd Tr II (QQQM, 9.4%), Avantis U.S. Equity ETF (AVUS, 8.9%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.

Highland Financial Advisors, LLC holdings largest 50 of 82 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Highland Financial Advisors, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
SPLGSpdr Series Trust	9.9%	10.2%	518,702	-1.9%	$46.6M
QQQMInvesco Exch Traded Fd Tr II	9.4%	10.0%	145,552	-2.5%	$44.3M
AVUSAvantis U.S. Equity ETF	8.9%	9.3%	327,000	-1.4%	$41.9M
DFAUDimensional ETF Trust	8.7%	9.0%	781,650	-1.6%	$40.9M
VONGVanguard Scottsdale Fds	8.6%	8.4%	313,468	+4.6%	$40.4M
AVDEAvantis International Equity ETF	8.2%	7.9%	428,650	+5.8%	$38.6M
AVIGAmerican Centy ETF Tr	5.2%	5.4%	616,150	+3.6%	$24.3M
AVUVAmerican Centy ETF Tr	5.0%	5.5%	199,678	+0.1%	$23.5M
AVSUAvantis Responsible U.S. Equity ETF	3.4%	3.4%	182,507	+4.3%	$16.1M
IWFIshares Tr	2.8%	2.9%	104,027	-0.4%	$13.0M
AVDVAmerican Centy ETF Tr	2.7%	2.5%	116,590	+7.8%	$12.8M
SGOVIshares Tr	2.6%	2.5%	120,243	+6.2%	$12.1M
AVEMAmerican Centy ETF Tr	2.4%	2.5%	120,023	+3.7%	$11.3M
VTIVanguard Index Fds	2.2%	2.2%	28,048	+4.4%	$10.5M
XCEMColumbia ETF Tr II	2.2%	2.2%	197,175	+3.5%	$10.1M
IAUIshares Gold Tr	2.1%	2.1%	127,357	+3.1%	$9.9M
AVSDAvantis Responsible International Equity	1.6%	1.4%	94,069	+17.2%	$7.5M
USXFIshares Tr	1.3%	1.2%	90,553	+16.9%	$6.2M
SMINIshares Tr	1.0%	0.9%	64,907	+15.1%	$4.5M
GINNGoldman Sachs ETF Tr	0.8%	0.8%	44,198	-4.8%	$3.6M
SCHGSchwab Strategic Tr	0.7%	0.7%	96,648	+0.0%	$3.5M
XJRIshares Tr	0.7%	0.7%	68,134	+18.5%	$3.3M
AVSEAmerican Centy ETF Tr	0.6%	0.6%	35,485	+14.6%	$2.8M
AAPLApple Inc	0.6%	0.5%	8,079	+5.2%	$2.7M
MEARIshares U S ETF Tr	0.5%	0.5%	42,776	+3.1%	$2.1M
PMPhilip Morris Intl Inc	0.5%	0.4%	11,092	+2.8%	$2.1M
VGTVanguard World Fd	0.4%	0.3%	15,539	+24.0%	$2.0M
IEFAIshares Tr	0.4%	0.4%	19,930	-1.8%	$1.9M
AMZNAmazon Com Inc	0.4%	0.3%	7,212	+13.6%	$1.8M
JPMJpmorgan Chase & Co	0.4%	0.4%	5,143	+5.3%	$1.7M
FBTCFidelity Wise Origin Bitcoin	0.4%	0.2%	23,259	+5.3%	$1.7M
VYMVanguard Whitehall Fds	0.3%	0.3%	9,143	+0.1%	$1.4M
MSFTMicrosoft Corp	0.3%	0.2%	2,608	+41.7%	$1.3M
DFAEDimensional ETF Trust	0.3%	0.3%	31,065	-6.6%	$1.2M
NVDANvidia Corporation	0.2%	0.1%	4,662	+75.3%	$1.1M
VOOVanguard Index Fds	0.2%	0.1%	1,517	+83.4%	$1.1M
XOMExxon Mobil Corp	0.2%	0.2%	6,117	+0.0%	$995K
MOAltria Group Inc	0.2%	0.2%	14,437	+0.0%	$972K
SLYVSpdr Series Trust	0.2%	0.3%	9,157	-24.8%	$935K
XVVIshares Tr	0.2%	0.2%	14,219	-0.5%	$829K
VONEVanguard Scottsdale Fds	0.1%	0.2%	2,050	+0.0%	$705K
METAMeta Platforms Inc	0.1%	0.1%	957	+8.6%	$694K
IVVIshares Tr	0.1%	0.1%	846	+0.0%	$648K
GOOGAlphabet Inc	0.1%	0.1%	1,884	+35.4%	$642K
TSLATesla Inc	0.1%	—	1,804	—	$640K
GOOGLAlphabet Inc	0.1%	0.1%	1,796	+20.8%	$618K
VTVVanguard Index Fds	0.1%	0.1%	2,752	+0.0%	$595K
BRK-BBerkshire Hathaway Inc Del	0.1%	0.1%	1,163	+3.8%	$579K
DFACDimensional ETF Trust	0.1%	0.1%	12,807	+0.0%	$569K
QQQInvesco Qqq Tr	0.1%	0.1%	765	-15.2%	$566K

What Highland Financial Advisors, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

VOO Vanguard Index Fds+83.4% shares
NVDA Nvidia Corporation+75.3% shares
MSFT Microsoft Corp+41.7% shares
GOOG Alphabet Inc+35.4% shares
VGT Vanguard World Fd+24.0% shares
GOOGL Alphabet Inc+20.8% shares
XJR Ishares Tr+18.5% shares
AVSD Avantis Responsible International Equity+17.2% shares

Reduced

Left the top 50

DFAW Dimensional ETF Trustwas 0.2%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +20.2% /yr; S&P 500 +20.1%
3 years: +18.0% /yr; S&P 500 +20.4%
5 years: +13.3% /yr; S&P 500 +15.9%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$469.4M	82
Q2 2026	$454.6M	73
Q1 2026	$378.7M	67
Q4 2025	$360.7M	66
Q3 2025	$348.8M	58
Q2 2025	$311.5M	54
Q1 2025	$279.6M	53
Q4 2024	$288.7M	57
Q3 2024	$281.4M	52
Q2 2024	$268.9M	54
Q1 2024	$249.9M	54
Q4 2023	$230.0M	54

Questions about Highland Financial Advisors, LLC's portfolio

What stocks does Highland Financial Advisors, LLC own?

Highland Financial Advisors, LLC's latest 13F, for Q3 2026 and filed Oct 19, 2026, lists 82 positions worth $469.4M. The largest are Spdr Series Trust (SPLG) at 9.9%, Invesco Exch Traded Fd Tr II (QQQM) at 9.4%, Avantis U.S. Equity ETF (AVUS) at 8.9%, Dimensional ETF Trust (DFAU) at 8.7% and Vanguard Scottsdale Fds (VONG) at 8.6%.

What did Highland Financial Advisors, LLC buy last quarter?

In Q3 2026, Highland Financial Advisors, LLC added Vanguard Index Fds (VOO) (+83.4% shares), Nvidia Corporation (NVDA) (+75.3% shares) and Microsoft Corp (MSFT) (+41.7% shares), compared with its Q2 2026 filing.

What did Highland Financial Advisors, LLC sell last quarter?

In Q3 2026, Highland Financial Advisors, LLC cut from its top 50 Dimensional ETF Trust (DFAW), Spdr Series Trust (SLYV) (-24.8% shares), Invesco Qqq Tr (QQQ) (-15.2% shares) and Dimensional ETF Trust (DFAE) (-6.6% shares), compared with its Q2 2026 filing.

How has Highland Financial Advisors, LLC's portfolio performed?

A portfolio copying Highland Financial Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.2% against +20.1%. Over 5 years: +13.3% a year against +15.9%.

When is Highland Financial Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Highland Financial Advisors, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Highland Financial Advisors, LLC manage?

Highland Financial Advisors, LLC reported $640.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $469.4M.