Plancorp, LLC Discloses $3.19 Billion in Holdings in Q3 13F Filing
Plancorp, LLC
Filing Summary
Plancorp, LLC Discloses $3.19 Billion in Q3 Holdings
Filer: Plancorp, LLC (Private) Form: 13F-HR | Filed: 2025-10-15 Significance: Medium
Filing Summary: • Total Value: $3,187,980,261 • Number of Holdings: 379 • Portfolio Date: 2025-09-30
Key Insight: Plancorp's Q3 portfolio reveals a highly diversified strategy, with a significant concentration in broad-market and factor-based ETFs from Dimensional and American Century. This indicates a systematic, long-term approach rather than high-conviction bets on individual stocks.
Top Holding Types: The portfolio is dominated by ETFs, with the largest single holding being the Dimensional US CORE EQUITY 2 ETF ($409M).
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Plancorp, LLC
Executive Summary
- Trading Significance: Medium
- Key Takeaway: Plancorp, LLC, an institutional investment manager, reported total holdings of approximately $3.19 billion as of September 30, 2025. The portfolio is heavily diversified and primarily composed of ETFs, signaling a systematic, broad-market investment strategy.
- Market Impact: As a standard quarterly disclosure of a large but not mega-sized fund, the direct market impact is expected to be neutral. However, it provides valuable insight into the allocation strategies of a significant registered investment advisor (RIA).
Filer Information (Institutional Investor)
| Field | Value |
|---|---|
| Filer Name | Plancorp, LLC |
| CIK | 0001599579 |
| Total Holdings Value | $3,187,980,261 |
| Number of Holdings | 379 |
Filing Details
This is a Form 13F-HR, a mandatory quarterly report filed by institutional investment managers with at least $100 million in assets under management. It discloses their long U.S. equity positions at the end of the quarter. It is a snapshot, not a record of individual trades.
| Field | Value |
|---|---|
| Form Type | 13F-HR |
| Period of Report | 2025-09-30 |
| Filing Date | 2025-10-15 |
Portfolio Composition Analysis
Strategy Overview
The portfolio composition strongly suggests a core-satellite or factor-based investment strategy. The vast majority of the assets are allocated to broad-market and factor-tilted ETFs, primarily from Dimensional Fund Advisors (DFA) and American Century (Avantis). This approach prioritizes diversification, cost-efficiency, and capturing specific market risk premia (e.g., value, small-cap) over individual stock selection.
Top Holdings Analysis
The top holdings are dominated by large ETF positions, underscoring the firm's strategy.
| Holding Name | Value (USD) | % of Portfolio (Approx) |
|---|---|---|
| DIMENSIONAL ETF TRUST - US CORE EQUITY 2 | $408,995,494 | 12.8% |
| VANGUARD INDEX FDS - TOTAL STK MKT | $306,627,042 | 9.6% |
| DIMENSIONAL ETF TRUST - US MKTWIDE VALUE | $260,842,100 | 8.2% |
| DIMENSIONAL ETF TRUST - INTERNATNAL VAL | $155,503,103 | 4.9% |
| DIMENSIONAL ETF TRUST - WORLD EX US CORE | $127,153,317 | 4.0% |
| AMERICAN CENTY ETF TR - US SML CP VALU | $125,300,136 | 3.9% |
Notable Single-Stock Positions
While ETFs dominate, the filing includes numerous individual stock positions. However, even the largest are small relative to the total portfolio size.
- Emerson Electric Co. (EMR): $41,232,738
- Apple Inc. (AAPL): $30,336,907
- First Busey Corp. (BUSE): $30,030,759
These positions, while significant in absolute terms, represent only ~1% of the total portfolio each, reinforcing the theme of diversification.
Investment Insights
Positive Market Indicators
- Disciplined Strategy: The portfolio reflects a disciplined, evidence-based approach to investing, which can be a positive indicator of a stable, long-term-oriented management style.
- Diversification: Extreme diversification across hundreds of positions reduces single-stock risk.
- Factor Tilts: The focus on value and small-cap factors via ETFs shows a clear and consistent investment philosophy.
Risk Factors
- Market Correlation: The portfolio's performance is highly correlated with the broader equity markets. A significant market downturn would likely impact the entire portfolio.
- Passive Nature: This strategy may underperform in markets that favor active stock picking.
Key Takeaways
- ETF-Centric Portfolio: Plancorp, LLC is not a stock-picking hedge fund but a strategic asset allocator, using ETFs as its primary tool.
- Substantial AUM: With over $3 billion in reported assets, Plancorp is a significant player in the RIA space.
- Factor Investing Philosophy: The choice of ETFs from DFA and Avantis points to a strong belief in academic, factor-based investing principles.
IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.
Analysis generated on 2025-10-15 | Data source: SEC EDGAR
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.