Morling Financial Advisors, LLC

Registered adviser

CIK

1905198

Location

FREMONT, CA

Portfolio Value

Small $360,042,595

Diversification

Diversified

Filing Date

Global Rank

#4,713 / 8,818 ▼ 53

Top Industry

Consumer Electronics 28.9%

Period ended 4 months ago

Filed Aug 6, 2026 · 3mo

19 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 111819

Roster of Oct 1, 2026

Regulatory AUM

$1,047,057,507

Main clients

Individuals and high net worth (89% 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	$1,047,057,507	Individuals and high net worth (89%)
Apr 2025 to Mar 2026	$755,720,449	Individuals and high net worth (97%)
Apr 2024 to Mar 2025	$606,989,977	Individuals and high net worth (97%)
May 2023 to Mar 2024	$485,623,893	Individuals and high net worth (98%)
Apr 2023	$485,623,893	Individuals and high net worth (98%)
Apr 2022 to Mar 2023	$501,411,899	Individuals and high net worth (98%)

3 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 89.5% of the book (60%+)

Turnover

Low turnover

11.6% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 13.7 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 82.3%; sector active share 76.7% against the combined 13F book's sector weights.

Over time 19 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

122 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

21.5%

+0.1 pts

Top 5

70.8%

−2.7 pts

Top 10

89.3%

−0.7 pts

HHI

1,169

Diversified−48

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	89.3%	$321,436,972	83
Technology	4.9%	$17,757,173	11
Communication Services	2.2%	$7,902,625	6
Consumer Cyclical	2.0%	$7,167,048	4
Real Estate	0.5%	$1,802,282	4
Financial Services	0.5%	$1,720,090	5
Healthcare	0.2%	$815,416	3
Basic Materials	0.2%	$729,220	3
Industrials	0.2%	$711,769	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
TOTL	State Street(R) DoubleLine(R) Total Return Tactical ETF	+45,461	1,147,703	$45,299,837
FLXR		+25,971	819,626	$32,137,535
BTG	B2gold Corp	+20,000	43,500	$162,690
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	+18,847	532,671	$31,001,452
DFAI	Dimensional International Core Equity Market ETF	+6,486	375,773	$15,500,636
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+6,412	320,043	$18,876,136
AG	First Majestic Silver Corp	+5,000	17,500	$296,800
DX	Dynex Capital Inc	+3,297	87,228	$1,143,559
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+2,271	131,326	$48,595,873
VO	VANGUARD MID-CAP INDEX FUND	+2,010	2,660	$214,316
DFAU	Dimensional US Core Equity Market ETF	+1,701	540,576	$27,942,373
VEA	Vanguard FTSE Developed Markets ETF	+1,688	58,356	$4,157,865
GDX	VanEck Gold Miners ETF	+1,350	3,209	$242,119
DFSU	Dimensional US Sustainability Core 1 ETF	+1,060	40,489	$1,888,002
IEMG	iShares Trust	+931	67,701	$5,608,350
IWF	iShares Russell 1000 Growth ETF	+921	1,228	$152,480
IVR	Invesco Mortgage Capital Inc.	+904	21,196	$167,448
GDXJ	VanEck Junior Gold Miners ETF	+900	1,802	$177,046
IVW	iShares S&P 500 Growth ETF	+805	1,039	$142,893
BIZD	VanEck BDC Income ETF	+721	19,421	$245,869
NVG	Nuveen AMT-Free Municipal Credit Income Fund	+213	11,411	$146,060
IJR	iShares Core S&P Small-Cap ETF	+185	868	$128,733
DFSI	Dimensional International Sustainability Core 1 ETF	+153	10,285	$463,853
IVV	iShares Core S&P 500 ETF	+125	8,180	$6,125,920
INVH	Invitation Homes Inc.	+100	9,023	$272,584
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFAE	Dimensional Emerging Core Equity Market ETF	−32,469	736,803	$29,626,848
STUB	StubHub Holdings, Inc.	−7,600	131,535	$1,692,855
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	−1,264	108,424	$9,528,301
NVDA	Nvidia Corp	−1,179	12,223	$2,445,700
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	−1,143	15,017	$1,363,393
EMXC	iShares MSCI Emerging Markets ex China ETF	−1,115	4,394	$449,506
SCHB	Schwab U.S. Broad Market ETF	−926	54,435	$1,576,437
GOOGL	Alphabet Inc.	−813	4,490	$1,604,591
SCHE	Schwab Emerging Markets Equity ETF	−672	28,720	$1,041,387
SCHF	Schwab International Equity ETF	−661	9,239	$255,920
AMD	Advanced Micro Devices Inc	−595	1,159	$673,274
ESGE	iShares Trust	−519	17,117	$936,128
SCHO	Schwab Short-Term U.S. Treasury ETF	−511	12,559	$303,174
AAPL	Apple Inc.	−443	38,576	$11,162,351
SCHX	Schwab U.S. Large-Cap ETF	−411	445,652	$13,115,538
RDDT	Reddit, Inc.	−400	5,882	$1,020,997
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−292	14,768	$764,687
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−280	13,411	$800,502
AMZN	Amazon Com Inc	−280	8,748	$2,084,998
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	−211	13,596	$552,541
UCON	First Trust Smith Unconstrained Bond ETF	−201	11,881	$295,599
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	−121	18,361	$897,485
VIG	Vanguard Specialized Funds	−103	4,435	$1,049,409
MSFT	Microsoft Corp	−99	1,657	$618,094
BRK-B	Berkshire Hathaway Inc	−96	795	$397,810
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
DELL	Dell Technologies Inc.	724	$312,377
OUNZ	VanEck Merk Gold ETF	7,050	$272,059
GEV	GE Vernova Inc.	215	$252,594
GE	General Electric Co	673	$251,520
TSM	Taiwan Semiconductor Manufacturing Co Ltd	517	$246,903
CDNS	Cadence Design Systems Inc	601	$225,567
MAA	Mid America Apartment Communities Inc.	1,574	$218,691
CAT	Caterpillar Inc	195	$207,655
QUAL	iShares MSCI USA Quality Factor ETF	697	$152,942
IVE	iShares S&P 500 Value ETF	457	$103,766
SOXX	iShares Semiconductor ETF	137	$87,784
MTUM	iShares MSCI USA Momentum Factor ETF	147	$50,396
VLUE	iShares MSCI USA Value Factor ETF	181	$36,165
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	228	$36,081
DFAS	Dimensional U.S. Small Cap ETF	303	$24,949
IEFA	iShares Core MSCI EAFE ETF	249	$24,048
EWJ	iShares MSCI Japan ETF	200	$18,654
VV	VANGUARD LARGE-CAP INDEX FUND	15	$5,158
VPL	VANGUARD PACIFIC STOCK INDEX FUND	25	$2,892
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	35	$2,766
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	30	$2,656
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
SGOV	iShares 0-3 Month Treasury Bond ETF	2,851	$286,981
CRM	Salesforce, Inc.	1,142	$213,177
RGLD	Royal Gold Inc	825	$209,954
TLTW	iShares 20+ Year Treasury Bond BuyWrite Strategy ETF	5,251	$118,777
GOVZ	iShares 25+ Year Treasury STRIPS Bond ETF	5,020	$46,033
LDEM	iShares ESG MSCI EM Leaders ETF	462	$26,778
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

122 tracked positions · $360,042,595 total · filing declares 123 positions · $360,042,279 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 122 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	131,326	+2,271	$48,595,873	+17.4%	19	before history	13.50%
TOTL	State Street(R) DoubleLine(R) Total Return Tactical ETF	Added	1,147,703	+45,461	$45,299,837	+3.4%	10	$39.70	12.58%
FLXR		Added	819,626	+25,971	$32,137,535	+3.1%	5	$39.12	8.93%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	532,671	+18,847	$31,001,452	+3.1%	10	$58.37	8.61%
DFAE	Dimensional Emerging Core Equity Market ETF	Reduced	736,803	-32,469	$29,626,848	+13.7%	17	$24.42	8.23%
DFAU	Dimensional US Core Equity Market ETF	Added	540,576	+1,701	$27,942,373	+14.9%	17	$35.05	7.76%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	320,043	+6,412	$18,876,136	+1.1%	2	$59.89	5.24%
DFAI	Dimensional International Core Equity Market ETF	Added	375,773	+6,486	$15,500,636	+7.7%	17	$28.98	4.31%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	445,652	-411	$13,115,538	+14.7%	19	before history	3.64%
AAPL	Apple Inc. Technology	Reduced	38,576	-443	$11,162,351	+12.7%	19	before history	3.10%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	108,424	-1,264	$9,528,301	+13.5%	19	before history	2.65%
AVUS	Avantis U.S. Equity ETF	Added	54,499	+1	$6,980,231	+15.2%	15	$69.47	1.94%
IVV	iShares Core S&P 500 ETF	Added	8,180	+125	$6,125,920	+16.4%	19	before history	1.70%
IEMG	iShares Trust	Added	67,701	+931	$5,608,350	—	19	before history	1.56%
TSLA	Tesla, Inc. PUT + SHARES Consumer Cyclical	Reduced	10,781	-5	$4,534,488	+13.1%	19	before history	1.26%
VEA	Vanguard FTSE Developed Markets ETF	Added	58,356	+1,688	$4,157,865	+14.5%	19	before history	1.15%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Held	17,367	0	$2,852,877	+15.3%	19	before history	0.79%
GOOG	Alphabet Inc. Communication Services	Reduced	6,930	-38	$2,448,576	+22.5%	19	before history	0.68%
NVDA	Nvidia Corp Technology	Reduced	12,223	-1,179	$2,445,700	+4.6%	14	$85.93	0.68%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,748	-280	$2,084,998	+10.9%	19	before history	0.58%
ESGU	iShares ESG Aware MSCI USA ETF	Reduced	12,727	-62	$2,083,028	+15.2%	19	before history	0.58%
DFSU	Dimensional US Sustainability Core 1 ETF	Added	40,489	+1,060	$1,888,002	+16.5%	11	$32.59	0.52%
STUB	StubHub Holdings, Inc. Communication Services	Reduced	131,535	-7,600	$1,692,855	+95.0%	2	$10.41	0.47%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,490	-813	$1,604,591	+5.2%	19	before history	0.45%
SCHB	Schwab U.S. Broad Market ETF	Reduced	54,435	-926	$1,576,437	+13.4%	19	before history	0.44%
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	Reduced	15,017	-1,143	$1,363,393	+6.7%	19	before history	0.38%
DX	Dynex Capital Inc Real Estate	Added	87,228	+3,297	$1,143,559	+6.8%	2	$13.73	0.32%
SCHD	Schwab U.S. Dividend Equity ETF	Held	35,119	0	$1,113,623	+3.4%	19	before history	0.31%
VIG	Vanguard Specialized Funds	Reduced	4,435	-103	$1,049,409	+7.5%	19	before history	0.29%
SCHE	Schwab Emerging Markets Equity ETF	Reduced	28,720	-672	$1,041,387	+7.5%	19	before history	0.29%
SPY	Spdr S&P 500 ETF Trust	Held	1,392	0	$1,039,503	+14.8%	16	$495.95	0.29%
VOO	VANGUARD 500 INDEX FUND	Held	1,505	0	$1,033,649	+14.9%	19	before history	0.29%
RDDT	Reddit, Inc. Communication Services	Reduced	5,882	-400	$1,020,997	+20.7%	8	$78.94	0.28%
ESGE	iShares Trust	Reduced	17,117	-519	$936,128	—	19	before history	0.26%
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	Reduced	18,361	-121	$897,485	+14.6%	11	$31.47	0.25%
META	Meta Platforms, Inc. Communication Services	Added	1,590	+76	$895,631	+3.4%	19	before history	0.25%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	1,086	+1	$828,770	+95.7%	11	$215.27	0.23%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	13,411	-280	$800,502	+8.2%	19	before history	0.22%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Reduced	14,768	-292	$764,687	+8.2%	19	before history	0.21%
AMD	Advanced Micro Devices Inc Technology	Reduced	1,159	-595	$673,274	+88.7%	2	$213.52	0.19%
DFAC	Dimensional U.S. Core Equity 2 ETF	Held	14,050	0	$623,258	+14.2%	17	$25.32	0.17%
MSFT	Microsoft Corp Technology	Reduced	1,657	-99	$618,094	−4.9%	19	before history	0.17%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,844	+30	$603,596	+13.1%	19	before history	0.17%
PRF	Victory Portfolios II	Held	10,820	0	$584,604	+13.7%	10	$36.32	0.16%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Reduced	13,596	-211	$552,541	+15.8%	15	$21.99	0.15%
DOCN	DigitalOcean Holdings, Inc. Technology	Held	3,257	0	$511,446	+83.1%	2	$63.05	0.14%
ESGD	iShares ESG Aware MSCI EAFE ETF	Added	4,922	+74	$506,030	+9.2%	19	before history	0.14%
UBER	Uber Technologies, Inc Technology	Added	6,893	+7	$497,398	+0.4%	19	before history	0.14%
DFSI	Dimensional International Sustainability Core 1 ETF	Added	10,285	+153	$463,853	+8.0%	11	$31.90	0.13%
EMXC	iShares MSCI Emerging Markets ex China ETF	Reduced	4,394	-1,115	$449,506	+3.7%	14	$52.93	0.12%

Showing the top 50 of 122 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.