Courage Miller Partners, LLC

Registered adviser

CIK

1482106

Location

NORFOLK, VA

Portfolio Value

Small $360,189,657

Diversification

Highly concentrated

Filing Date

Global Rank

#4,424 / 8,814 ▲ 208 · as of Jun 2026

Top Industry

Consumer Electronics 17.8%

Period ended 22 days ago

Filed Oct 21, 2026 · 1d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 147360

Roster of Oct 1, 2026

Regulatory AUM

$480,651,813

Main clients

Individuals and high net worth (93% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$480,651,813	Individuals and high net worth (93%)
Apr 2025 to Mar 2026	$418,763,157	Individuals and high net worth (92%)
Apr 2024 to Mar 2025	$382,000,651	Individuals and high net worth (93%)
May 2023 to Mar 2024	$360,165,268	Individuals and high net worth (93%)
Apr 2023	$360,165,268	Individuals and high net worth (93%)
Apr 2022 to Mar 2023	$417,385,735	Individuals and high net worth (84%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 95.4% of the book (60%+)

Turnover

Low turnover

4.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.9 quarters (12+), a floor since 82.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 92.5%; sector active share 87.0% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

94 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

54.0%

+2.0 pts

Top 5

88.2%

+1.2 pts

Top 10

95.0%

−0.3 pts

HHI

3,487

Highly concentrated+239

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	95.7%	$344,881,503	75
Technology	0.9%	$3,251,900	3
Industrials	0.7%	$2,608,419	3
Communication Services	0.7%	$2,469,108	2
Energy	0.5%	$1,901,533	2
Consumer Cyclical	0.5%	$1,759,970	2
Financial Services	0.4%	$1,619,878	3
Consumer Defensive	0.3%	$1,114,639	2
Healthcare	0.2%	$582,707	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SCHO	Schwab Short-Term U.S. Treasury ETF	+17,046	867,904	$20,708,189
ISTB	iShares Core 1-5 Year USD Bond ETF	+12,949	607,233	$28,691,759
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+11,937	477,755	$24,475,388
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+6,780	268,895	$18,862,984
RSP	Victory Portfolios II	+1,883	63,950	$0
SCHM	Schwab U.S. Mid-Cap ETF	+1,778	457,044	$15,548,636
SCHH	Schwab U.S. REIT ETF	+1,723	520,450	$11,470,718
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+1,703	154,560	$9,166,953
SCHV	Schwab U.S. Large-Cap Value ETF	+1,005	269,349	$8,972,015
IGE	iShares North American Natural Resources ETF	+891	56,471	$3,480,307
BRK-B	Berkshire Hathaway Inc	+885	2,040	$1,015,818
SCHE	Schwab Emerging Markets Equity ETF	+855	209,232	$7,626,506
SCHC	Schwab International Small-Cap Equity ETF	+638	169,076	$8,409,840
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+623	56,461	$4,313,620
CWI	Spdr Index Shares Funds	+291	186,611	$7,540,950
GLTR	abrdn Precious Metals Basket ETF Trust	+288	46,080	$8,584,704
IEFA	iShares Core MSCI EAFE ETF	+272	21,048	$2,039,130
IJH	iShares Core S&P Mid-Cap ETF	+202	13,969	$1,005,069
SCHA	Schwab U.S. Small-Cap ETF	+193	358,735	$11,705,523
VOO	VANGUARD 500 INDEX FUND	+170	722	$506,020
SHV	iShares 0-1 Year Treasury Bond ETF	+142	12,857	$1,418,384
SCZ	iShares MSCI EAFE Small-Cap ETF	+132	6,739	$568,906
IYR	iShares U.S. Real Estate ETF	+75	7,885	$749,390
REZ	iShares Residential and Multisector Real Estate ETF	+11	6,300	$556,542
IEMG	iShares Trust	+1	7,062	$0
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SCHX	Schwab U.S. Large-Cap ETF	−25,842	1,705,341	$51,160,230
SCHG	Schwab U.S. Large-Cap Growth ETF	−3,110	273,034	$9,810,111
SCHF	Schwab International Equity ETF	−2,742	1,225,615	$33,667,644
—		−2,364	4,007	$0
SCHD	Schwab U.S. Dividend Equity ETF	−1,414	466,882	$15,187,671
RSPM	Victory Portfolios II	−1,281	48,859	$0
EEM	iShares MSCI Emerging Markets ETF	−1,081	5,157	$344,436
VXUS	Vanguard Total International Stock ETF	−886	4,702	$399,481
RSPG	Victory Portfolios II	−632	19,840	$0
IMCG	iShares Morningstar Mid-Cap Growth ETF	−477	20,004	$1,878,175
VB	Vanguard Index Funds	−416	979	$278,515
IMCV	iShares Morningstar Mid-Cap Value ETF	−361	17,103	$1,569,193
ISCG	iShares Morningstar Small-Cap Growth ETF	−310	8,447	$516,779
QQQ	Invesco Qqq Trust, Series 1	−300	710	$525,236
XOM	ExxonMobil Holdings Corp	−194	10,291	$1,674,860
ISCV	iShares Morningstar Small-Cap Value ETF	−170	6,727	$503,221
ILCV	iShares Morningstar Value ETF	−166	3,048	$321,076
ILCG	iShares Morningstar Growth ETF	−115	5,065	$592,453
BIV	Vanguard Bond Index Funds	−91	12,195	$888,527
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	−63	7,137	$1,107,662
SLYV	State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF	−63	17,297	$1,766,888
SLYG	State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF	−58	15,643	$1,673,331
VV	VANGUARD LARGE-CAP INDEX FUND	−32	1,187	$417,645
MDYG	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF	−23	30,303	$3,167,572
IJR	iShares Core S&P Small-Cap ETF	−16	4,293	$584,019
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
GLD	Spdr Gold Trust	3,201	$1,219,068
GDX	VanEck Gold Miners ETF	10,450	$917,510
NVDA	Nvidia Corp	995	$227,238
CVX	Chevron Corp	1,110	$226,673
VEA	Vanguard FTSE Developed Markets ETF	2,979	$210,347
ABBV	AbbVie Inc.	790	$206,656
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	1,600	$201,072
EFV	iShares MSCI EAFE Value ETF	2,600	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
VO	VANGUARD MID-CAP INDEX FUND	3,992	$321,635
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

94 tracked positions · $360,189,657 total · filing declares 94 positions · $378,878,319 · as of Sep 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 94 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SCHX	Schwab U.S. Large-Cap ETF	Reduced	1,705,341	-25,842	$51,160,230	+0.4%	14.20%
SCHF	Schwab International Equity ETF	Reduced	1,225,615	-2,742	$33,667,644	−1.1%	9.35%
ISTB	iShares Core 1-5 Year USD Bond ETF	Added	607,233	+12,949	$28,691,759	+0.1%	7.97%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Added	477,755	+11,937	$24,475,388	+0.3%	6.80%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	867,904	+17,046	$20,708,189	+0.8%	5.75%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Added	268,895	+6,780	$18,862,984	−2.0%	5.24%
SCHM	Schwab U.S. Mid-Cap ETF	Added	457,044	+1,778	$15,548,636	−7.4%	4.32%
SCHD	Schwab U.S. Dividend Equity ETF	Reduced	466,882	-1,414	$15,187,671	+2.3%	4.22%
SCHA	Schwab U.S. Small-Cap ETF	Added	358,735	+193	$11,705,523	−9.6%	3.25%
SCHH	Schwab U.S. REIT ETF	Added	520,450	+1,723	$11,470,718	−6.6%	3.18%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	273,034	-3,110	$9,810,111	+5.0%	2.72%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	154,560	+1,703	$9,166,953	+0.5%	2.55%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	269,349	+1,005	$8,972,015	−4.0%	2.49%
GLTR	abrdn Precious Metals Basket ETF Trust	Added	46,080	+288	$8,584,704	+3.5%	2.38%
SCHC	Schwab International Small-Cap Equity ETF	Added	169,076	+638	$8,409,840	+3.8%	2.33%
SCHE	Schwab Emerging Markets Equity ETF	Added	209,232	+855	$7,626,506	+0.9%	2.12%
CWI	Spdr Index Shares Funds	Added	186,611	+291	$7,540,950	−0.5%	2.09%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	56,461	+623	$4,313,620	−0.8%	1.20%
IGE	iShares North American Natural Resources ETF	Added	56,471	+891	$3,480,307	+11.5%	0.97%
IVV	iShares Core S&P 500 ETF	Reduced	4,348	-3	$3,329,915	+2.2%	0.92%
MDYG	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF	Reduced	30,303	-23	$3,167,572	−6.8%	0.88%
MDYV	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Value ETF	Reduced	30,830	-10	$2,728,763	−6.7%	0.76%
AAPL	Apple Inc. Technology	Added	8,180	+1	$2,724,103	+15.1%	0.76%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Held	51,690	0	$2,602,591	−5.3%	0.72%
IEFA	iShares Core MSCI EAFE ETF	Added	21,048	+272	$2,039,130	+1.6%	0.57%
GOOGL	Alphabet Inc. Communication Services	Held	5,745	0	$1,976,739	−3.7%	0.55%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	5,156	0	$1,929,581	+1.1%	0.54%
IMCG	iShares Morningstar Mid-Cap Growth ETF	Reduced	20,004	-477	$1,878,175	−6.7%	0.52%
SLYV	State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF	Reduced	17,297	-63	$1,766,888	−6.7%	0.49%
XOM	ExxonMobil Holdings Corp Energy	Reduced	10,291	-194	$1,674,860	+16.8%	0.46%
SLYG	State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF	Reduced	15,643	-58	$1,673,331	−10.5%	0.46%
SPY	Spdr S&P 500 ETF Trust	Held	2,099	0	$1,600,760	+2.1%	0.44%
IMCV	iShares Morningstar Mid-Cap Value ETF	Reduced	17,103	-361	$1,569,193	−1.7%	0.44%
AMZN	Amazon Com Inc Consumer Cyclical	Held	6,251	0	$1,557,436	+4.5%	0.43%
SHV	iShares 0-1 Year Treasury Bond ETF	Added	12,857	+142	$1,418,384	+1.1%	0.39%
UNP	Union Pacific Corp Industrials	Held	5,188	0	$1,411,810	+0.0%	0.39%
GLD	Spdr Gold Trust	NEW	3,201	NEW	$1,219,068	NEW	0.34%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Reduced	7,137	-63	$1,107,662	−2.7%	0.31%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,040	+885	$1,015,818	+75.8%	0.28%
IJH	iShares Core S&P Mid-Cap ETF	Added	13,969	+202	$1,005,069	−5.3%	0.28%
GDX	VanEck Gold Miners ETF	NEW	10,450	NEW	$917,510	NEW	0.25%
BIV	Vanguard Bond Index Funds	Reduced	12,195	-91	$888,527	−5.7%	0.25%
IXUS	iShares Core MSCI Total International Stock ETF	Reduced	8,774	-11	$833,442	−0.6%	0.23%
COST	Costco Wholesale Corp Consumer Defensive	Held	910	0	$828,409	−2.7%	0.23%
ACWI	iShares MSCI ACWI ETF	Held	4,750	0	$754,157	+1.1%	0.21%
IYR	iShares U.S. Real Estate ETF	Added	7,885	+75	$749,390	−6.2%	0.21%
IVW	iShares S&P 500 Growth ETF	Reduced	5,115	-3	$727,659	+3.4%	0.20%
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	Added	16,774	+1	$691,927	−2.7%	0.19%
GE	General Electric Co Industrials	Held	2,176	0	$679,543	−16.4%	0.19%
ILCG	iShares Morningstar Growth ETF	Reduced	5,065	-115	$592,453	−2.3%	0.16%

Showing the top 50 of 94 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.