Stone Asset Management Inc.

CIK

1904459

Location

AUSTIN, TX

Portfolio Value

Micro $62,344,594

Diversification

Highly concentrated

Filing Date

Global Rank

#6,626 / 7,012 ▼ 1784 · as of Mar 2023

Top Industry

Consumer Electronics 42.0%

Period ended 3 years ago

Filed Apr 17, 2023 · 3y

6 quarters · since Dec 2021

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 Mar 31, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 98.3% of the book (60%+)

Turnover

Low turnover

17.9% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 5.9 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 91.9%; sector active share 85.9% against the combined 13F book's sector weights.

Over time 6 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

34 tracked positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022

Top Position

52.1%

−3.1 pts

Top 5

94.1%

+0.1 pts

Top 10

98.3%

+0.7 pts

HHI

3,299

Highly concentrated−339

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Unclassified	98.5%	$61,437,958	31
Technology	1.0%	$598,832	2
Consumer Cyclical	0.5%	$307,804	1

Last Quarter's Activity

Export CSV

Mar 31, 2023 vs Dec 31, 2022

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
DFAT	Dimensional U.S. Targeted Value ETF	+33	11,051	$491,769
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VEU	Vanguard International Equity Index Funds	−176,571	122,516	$6,550,930
SCZ	iShares MSCI EAFE Small-Cap ETF	−75,090	33,158	$1,973,232
VO	VANGUARD MID-CAP INDEX FUND	−70,168	29,793	$6,283,939
ICF	iShares Select U.S. REIT ETF	−69,119	34,026	$1,889,804
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−67,133	81,931	$3,310,012
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	−63,220	39,767	$2,009,824
IWF	iShares Russell 1000 Growth ETF	−56,619	19,435	$4,748,553
IJS	iShares S&P Small-Cap 600 Value ETF	−52,473	37,631	$3,521,885
EFA	iShares MSCI EAFE ETF	−52,303	14,842	$1,061,499
IWO	iShares Russell 2000 Growth ETF	−43,571	33,047	$7,495,720
IVE	iShares S&P 500 Value ETF	−41,223	30,025	$4,556,594
IWD	iShares Russell 1000 Value ETF	−34,301	13,880	$2,113,368
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−30,731	13,423	$2,131,035
EEM	iShares MSCI Emerging Markets ETF	−23,743	13,302	$524,896
AGG	iShares Core U.S. Aggregate Bond ETF	−19,531	5,575	$555,493
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	−16,349	26,898	$5,500,909
VNQ	VANGUARD REAL ESTATE INDEX FUND	−13,215	3,659	$303,843
IJH	iShares Core S&P Mid-Cap ETF	−13,124	3,917	$979,876
VSS	VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND	−8,914	4,899	$535,166
—		−7,922	8,797	$701,296
VTV	VANGUARD VALUE INDEX FUND	−6,632	2,448	$338,093
AAPL	Apple Inc.	−5,644	2,308	$380,589
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	−4,972	10,023	$656,606
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	−4,774	1,446	$312,928
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−4,751	3,615	$275,571
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
VEA	Vanguard FTSE Developed Markets ETF	16,989	$713,028
SCHB	Schwab U.S. Broad Market ETF	13,411	$600,948
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	13,825	$347,422
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	1,602	$306,286
BRK-B	Berkshire Hathaway Inc	941	$290,674
GOOG	Alphabet Inc.	2,480	$220,050
COST	Costco Wholesale Corp	454	$207,251
RVP	Retractable Technologies Inc	30,800	$50,512
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

34 tracked positions · $62,344,594 total · filing declares 35 positions · $62,585,860 · as of Mar 31, 2023

All sectors Consumer Cyclical Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IWO	iShares Russell 2000 Growth ETF	Reduced	33,047	-43,571	$7,495,720	−54.4%	6	before history	12.02%
VEU	Vanguard International Equity Index Funds	Reduced	122,516	-176,571	$6,550,930	−56.3%	6	before history	10.51%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	29,793	-70,168	$6,283,939	−69.2%	6	before history	10.08%
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	Reduced	26,898	-16,349	$5,500,909	−26.1%	6	before history	8.82%
IWF	iShares Russell 1000 Growth ETF	Reduced	19,435	-56,619	$4,748,553	−70.9%	6	before history	7.62%
IVE	iShares S&P 500 Value ETF	Reduced	30,025	-41,223	$4,556,594	−55.9%	6	before history	7.31%
IJS	iShares S&P Small-Cap 600 Value ETF	Reduced	37,631	-52,473	$3,521,885	−57.2%	6	before history	5.65%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	81,931	-67,133	$3,310,012	−43.0%	6	before history	5.31%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	13,423	-30,731	$2,131,035	−69.6%	6	before history	3.42%
IWD	iShares Russell 1000 Value ETF	Reduced	13,880	-34,301	$2,113,368	−71.1%	6	before history	3.39%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Reduced	39,767	-63,220	$2,009,824	−60.8%	5	unpriced	3.22%
SCZ	iShares MSCI EAFE Small-Cap ETF	Reduced	33,158	-75,090	$1,973,232	−67.7%	6	before history	3.17%
ICF	iShares Select U.S. REIT ETF	Reduced	34,026	-69,119	$1,889,804	−66.6%	6	before history	3.03%
IVV	iShares Core S&P 500 ETF	Reduced	2,750	-1,467	$1,130,470	−30.2%	6	before history	1.81%
EFA	iShares MSCI EAFE ETF	Reduced	14,842	-52,303	$1,061,499	−75.9%	6	before history	1.70%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	3,917	-13,124	$979,876	−76.2%	6	before history	1.57%
		Reduced	8,797	-7,922	$701,296	−44.6%	6	before history	1.12%
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	Reduced	10,023	-4,972	$656,606	−28.9%	6	before history	1.05%
AGG	iShares Core U.S. Aggregate Bond ETF	Reduced	5,575	-19,531	$555,493	−77.2%	6	before history	0.89%
VSS	VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND	Reduced	4,899	-8,914	$535,166	−62.3%	6	before history	0.86%
EEM	iShares MSCI Emerging Markets ETF	Reduced	13,302	-23,743	$524,896	−62.6%	6	before history	0.84%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Reduced	10,856	-365	$519,133	−1.0%	5	$50.90	0.83%
DFAT	Dimensional U.S. Targeted Value ETF	Added	11,051	+33	$491,769	+1.6%	4	$43.86	0.79%
AAPL	Apple Inc. Technology	Reduced	2,308	-5,644	$380,589	−63.2%	6	before history	0.61%
VTV	VANGUARD VALUE INDEX FUND	Reduced	2,448	-6,632	$338,093	−73.5%	4	unpriced	0.54%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Reduced	1,446	-4,774	$312,928	−74.9%	6	before history	0.50%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,980	-1,840	$307,804	−24.0%	6	before history	0.49%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	3,659	-13,215	$303,843	−78.2%	6	before history	0.49%
VUG	VANGUARD GROWTH INDEX FUND	Reduced	1,183	-2,200	$295,087	−59.1%	6	before history	0.47%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	3,615	-4,751	$275,571	−56.2%	6	before history	0.44%
SPY	Spdr S&P 500 ETF Trust	Reduced	598	-389	$244,815	−35.1%	6	before history	0.39%
IVW	iShares S&P 500 Growth ETF	Held	3,492	0	$223,103	+9.2%	2	unpriced	0.36%
MSFT	Microsoft Corp Technology	Reduced	757	-698	$218,243	−37.5%	6	before history	0.35%
IJT	iShares S&P Small-Cap 600 Growth ETF	Reduced	1,842	-485	$202,509	−19.5%	5	unpriced	0.32%

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.