D. SCOTT NEAL, INC.

CIK

1596920

Location

LEXINGTON, KY

Portfolio Value

Small $216,188,495

Diversification

Diversified

Filing Date

Global Rank

#5,692 / 8,113 ▲ 20 · as of Sep 2025

Top Industry

Insurance - Life 19.3%

Period ended 1 year ago

Filed Oct 28, 2025 · 1y

23 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.

Style

Concentrated

The top 10 positions are 81.1% of the book (60%+)

Turnover

Low turnover

13.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 13.4 quarters (12+), a floor since 25.3% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 86.5%; sector active share 48.9% against the combined 13F book's sector weights.

Over time 23 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.

View clone backtest

Portfolio Concentration

58 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

16.7%

+1.1 pts

Top 5

59.9%

−1.1 pts

Top 10

81.1%

−0.3 pts

HHI

895

Diversified+7

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	52.1%	$112,596,470	18
Financial Services	20.6%	$44,621,449	9
Technology	18.1%	$39,152,125	11
Real Estate	3.7%	$7,948,363	2
Industrials	1.9%	$4,097,081	3
Consumer Cyclical	1.4%	$2,991,939	5
Communication Services	0.9%	$2,044,551	3
Consumer Defensive	0.6%	$1,225,773	3
Healthcare	0.6%	$1,225,036	3
Energy	0.1%	$285,708	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	+2,957	33,558	$2,926,593
HEFA	iShares Currency Hedged MSCI EAFE ETF	+532	31,360	$1,242,169
FLEX	Flex Ltd.	+84	267,835	$15,526,394
ESGV	VANGUARD ESG U.S. STOCK ETF	+18	2,132	$252,514
AVGO	Broadcom Inc.	+12	1,034	$341,126
AAPL	Apple Inc.	+10	6,882	$1,752,363
PG	PROCTER & GAMBLE Co	+10	3,617	$555,752
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
UNM	Unum Group	−7,166	257,423	$20,022,360
IAU	Ishares Gold Trust	−6,232	67,117	$4,884,103
NVDA	Nvidia Corp	−1,000	9,122	$1,701,982
AJG	Arthur J. Gallagher & Co.	−951	56,663	$17,550,796
GLD	Spdr Gold Trust	−861	101,674	$36,142,056
SPY	Spdr S&P 500 ETF Trust	−710	6,211	$4,137,643
ABT	Abbott Laboratories	−500	2,300	$308,062
—		−358	255,877	$7,732,603
IBM	International Business Machines Corp	−312	2,150	$606,644
QQQ	Invesco Qqq Trust, Series 1	−309	51,460	$30,895,039
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−283	185,200	$21,922,123
ESGU	iShares ESG Aware MSCI USA ETF	−128	2,889	$420,638
XOM	ExxonMobil Holdings Corp	−100	2,534	$285,708
VOO	VANGUARD 500 INDEX FUND	−37	989	$605,643
KLAC	Kla Corp	−1	10,886	$11,741,639
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	1,358	$227,220
ITB	iShares U.S. Home Construction ETF	2,000	$214,500
BAC	Bank Of America Corp	3,992	$205,947
WMT	Walmart Inc.	1,949	$200,863
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
NVO	Novo Nordisk A S	3,210	$221,554
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

58 tracked positions · $216,188,495 total · filing declares 66 positions · $216,189,226 · as of Sep 30, 2025

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

Showing 1–50 of 58 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
GLD	Spdr Gold Trust	Reduced	101,674	-861	$36,142,056	+15.6%	15	$179.52	16.72%
QQQ	Invesco Qqq Trust, Series 1	Reduced	51,460	-309	$30,895,039	+8.2%	23+	before history	14.29%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	185,200	-283	$21,922,123	+8.9%	6	unpriced	10.14%
UNM	Unum Group Financial Services	Reduced	257,423	-7,166	$20,022,360	−6.3%	7	$49.45	9.26%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	56,663	-951	$17,550,796	−4.8%	10	$226.51	8.12%
FLEX	Flex Ltd. Technology	Added	267,835	+84	$15,526,394	+16.2%	7	unpriced	7.18%
KLAC	Kla Corp Technology	Reduced	10,886	-1	$11,741,639	+20.4%	10	$433.77	5.43%
		Reduced	255,877	-358	$7,732,603	−5.7%	7	unpriced	3.58%
IAU	Ishares Gold Trust	Reduced	67,117	-6,232	$4,884,103	+6.8%	11	$41.21	2.26%
MSFT	Microsoft Corp Technology	Held	8,172	0	$4,232,687	+4.1%	23+	before history	1.96%
SPY	Spdr S&P 500 ETF Trust	Reduced	6,211	-710	$4,137,643	−3.2%	10	$567.34	1.91%
CAT	Caterpillar Inc Industrials	Held	7,549	0	$3,602,005	+22.9%	23+	before history	1.67%
QLD	ProShares Ultra QQQ	Held	24,928	0	$3,420,121	+16.6%	23+	before history	1.58%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Added	33,558	+2,957	$2,926,593	+17.1%	3	unpriced	1.35%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	5,719	0	$2,875,170	+3.5%	23+	before history	1.33%
REKR	Rekor Systems, Inc. Technology	Held	1,700,650	0	$2,670,020	+35.3%	16	$9.06	1.24%
SSO	ProShares Ultra S&P500	Held	22,688	0	$2,544,005	+14.7%	23+	before history	1.18%
AAPL	Apple Inc. Technology	Added	6,882	+10	$1,752,363	+24.3%	19	$153.26	0.81%
NVDA	Nvidia Corp Technology	Reduced	9,122	-1,000	$1,701,982	+6.4%	21	unpriced	0.79%
RBCAA	Republic Bancorp Inc Financial Services	Held	21,000	0	$1,517,250	−1.2%	23+	before history	0.70%
IVV	iShares Core S&P 500 ETF	Held	2,129	0	$1,424,939	+7.8%	23+	before history	0.66%
HEFA	iShares Currency Hedged MSCI EAFE ETF	Added	31,360	+532	$1,242,169	+6.1%	4	unpriced	0.57%
T	At&T Inc. Communication Services	Held	36,040	0	$1,017,769	−2.4%	23+	before history	0.47%
HD	Home Depot, Inc. Consumer Cyclical	Held	2,336	0	$946,523	+10.5%	17	$354.35	0.44%
V	Visa Inc. Financial Services	Held	2,550	0	$870,519	−3.9%	16	$215.23	0.40%
MA	Mastercard Inc Financial Services	Held	1,363	0	$775,288	+1.2%	15	$361.20	0.36%
LOW	Lowes Companies Inc Consumer Cyclical	Held	2,600	0	$653,406	+13.3%	22	$192.51	0.30%
IBM	International Business Machines Corp Technology	Reduced	2,150	-312	$606,644	−16.4%	23+	before history	0.28%
VOO	VANGUARD 500 INDEX FUND	Reduced	989	-37	$605,643	+3.9%	16	unpriced	0.28%
JNJ	Johnson & Johnson Healthcare	Held	3,100	0	$574,802	+21.4%	20	$162.74	0.27%
RF	Regions Financial Corp Financial Services	Held	21,434	0	$565,214	+12.1%	23+	before history	0.26%
TSLA	Tesla, Inc. Consumer Cyclical	Held	1,254	0	$557,678	+40.0%	3	$333.26	0.26%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	3,617	+10	$555,752	−3.3%	23+	before history	0.26%
GOOGL	Alphabet Inc. Communication Services	Held	2,220	0	$539,682	+37.9%	11	$97.68	0.25%
AMZN	Amazon Com Inc Consumer Cyclical	Held	2,339	0	$513,574	+0.1%	20	$166.39	0.24%
GOOG	Alphabet Inc. Communication Services	Held	2,000	0	$487,100	+37.3%	11	$115.80	0.23%
MO	Altria Group, Inc. Consumer Defensive	Held	7,102	0	$469,158	+12.7%	15	$51.05	0.22%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	780	0	$464,903	+5.2%	23+	before history	0.22%
IWM	iShares Russell 2000 ETF	Held	1,860	0	$450,045	+12.1%	23+	before history	0.21%
ESGU	iShares ESG Aware MSCI USA ETF	Reduced	2,889	-128	$420,638	+3.0%	10	unpriced	0.19%
IWR	iShares Russell Mid-Cap ETF	Held	3,560	0	$343,718	+5.0%	23+	before history	0.16%
GSK	GSK plc Healthcare	Held	7,928	0	$342,172	+12.4%	18	unpriced	0.16%
AVGO	Broadcom Inc. Technology	Added	1,034	+12	$341,126	+21.1%	2	$218.19	0.16%
ORCL	Oracle Corp Technology	Held	1,200	0	$337,488	+28.6%	2	$161.48	0.16%
NKE	NIKE, Inc. Consumer Cyclical	Held	4,600	0	$320,758	−1.8%	16	$155.52	0.15%
ABT	Abbott Laboratories Healthcare	Reduced	2,300	-500	$308,062	−19.1%	16	$127.98	0.14%
ESGD	iShares ESG Aware MSCI EAFE ETF	Held	3,288	0	$305,718	+4.2%	10	unpriced	0.14%
XOM	ExxonMobil Holdings Corp Energy	Reduced	2,534	-100	$285,708	+0.6%	23+	before history	0.13%
HON	Honeywell International Inc Industrials	Held	1,285	0	$270,492	−9.6%	15	unpriced	0.13%
ESGV	VANGUARD ESG U.S. STOCK ETF	Added	2,132	+18	$252,514	+8.9%	8	unpriced	0.12%

Showing the top 50 of 58 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.