Greenspring Advisors, LLC

Registered adviser

CIK

1922200

Location

Towson, MD

Portfolio Value

Mid $2,192,726,703

Diversification

Highly concentrated

Filing Date

Global Rank

#1,714 / 8,827 ▼ 54 · as of Jun 2026

Top Industry

Semiconductors 12.7%

Period ended 37 days ago

Filed Nov 5, 2026 · 1d

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, Nov 1, 2026

Form ADV adviser

CRD 132669

Roster of Nov 1, 2026

Regulatory AUM

$6,464,377,689

Main clients

Individuals and high net worth (67% 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 Nov 2026	$6,464,377,689	Individuals and high net worth (67%)
Apr 2025 to Mar 2026	$3,775,318,486	Individuals and high net worth (56%)
Apr 2024 to Mar 2025	$6,896,367,899	Pension and profit sharing plans (73%)
May 2023 to Mar 2024	$6,000,116,360	Pension and profit sharing plans (73%)
Apr 2023	$6,000,116,360	Pension and profit sharing plans (73%)
Apr 2022 to Mar 2023	$6,126,230,881	Pension and profit sharing plans (82%)

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 85.9% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Long horizon

Value-weighted holding period 14.4 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 81.3%; sector active share 76.7% against the combined 13F book's sector weights.

Over time 18 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

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

Top Position

48.4%

−9.9 pts

Top 5

76.1%

−4.8 pts

Top 10

85.0%

−0.9 pts

HHI

2,591

Highly concentrated−1,017

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	88.1%	$1,932,656,924	166
Technology	5.2%	$113,942,938	46
Financial Services	1.8%	$40,152,418	53
Healthcare	1.3%	$28,347,217	24
Communication Services	0.9%	$19,844,053	10
Consumer Cyclical	0.8%	$17,431,683	11
Industrials	0.7%	$16,279,497	21
Consumer Defensive	0.5%	$11,491,415	6
Energy	0.4%	$8,035,851	10
Basic Materials	0.2%	$3,512,330	9
Utilities	0.0%	$741,421	5
Real Estate	0.0%	$290,956	3

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
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+851,377	896,860	$44,143,449
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	+414,642	725,157	$56,018,378
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	+399,452	639,702	$50,095,063
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+302,816	587,360	$41,203,304
LWLG	Lightwave Logic, Inc.	+205,721	277,446	$1,387,230
VEA	Vanguard FTSE Developed Markets ETF	+69,077	134,704	$9,511,449
IWF	iShares Russell 1000 Growth ETF	+65,793	132,668	$16,617,993
DFIC	Dimensional International Core Equity 2 ETF	+63,970	4,558,200	$171,433,902
NB	Niocorp Developments Ltd	+63,000	84,852	$305,467
LYG	Lloyds Banking Group plc	+62,212	124,096	$698,660
IWV	iShares Russell 3000 ETF	+53,508	106,994	$46,185,030
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+53,506	96,862	$36,249,634
VNQ	VANGUARD REAL ESTATE INDEX FUND	+50,509	98,960	$8,869,784
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+45,927	92,306	$5,474,668
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+41,153	75,548	$5,771,867
VUG	VANGUARD GROWTH INDEX FUND	+41,023	82,202	$7,407,222
DFAC	Dimensional U.S. Core Equity 2 ETF	+37,498	12,676,617	$563,475,625
VBIL	Vanguard Institutional Index Funds	+32,835	115,782	$8,767,013
IJH	iShares Core S&P Mid-Cap ETF	+32,346	65,240	$4,694,018
MSFT	Microsoft Corp	+28,994	54,968	$28,193,087
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	+28,292	2,303,401	$91,491,087
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	+25,810	52,472	$8,282,705
INFY	Infosys Ltd	+24,204	39,066	$420,350
UMC	United Microelectronics Corp	+23,916	50,146	$1,228,075
BNDX	Vanguard Total International Bond ETF	+22,909	327,014	$15,327,146
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LPL	LG Display Co., Ltd.	−69,406	16,310	$48,114
WIT	Wipro Ltd	−38,442	68,842	$113,589
MUB	iShares National Muni Bond ETF	−15,229	35,037	$3,542,240
TIP	iShares TIPS Bond ETF	−7,115	25,315	$2,633,772
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	−6,877	1,887,404	$69,871,696
SHY	iShares 1-3 Year Treasury Bond ETF	−6,001	60,107	$4,880,688
DFUS	Dimensional U.S. Equity Market ETF	−3,099	505,832	$41,999,230
DFUV	Dimensional U.S. Marketwide Value ETF	−2,218	179,624	$9,879,320
DFAS	Dimensional U.S. Small Cap ETF	−1,442	51,446	$3,982,949
AVSU	Avantis Responsible U.S. Equity ETF	−1,431	41,084	$3,615,802
GLW	Corning Inc	−1,239	5,018	$771,567
DFAT	Dimensional U.S. Targeted Value ETF	−1,218	89,481	$5,945,117
ICL	ICL Group Ltd.	−1,184	13,312	$66,826
MBB	iShares MBS ETF	−1,126	7,633	$684,069
SKM	Sk Telecom Co Ltd	−1,092	10,277	$358,770
SCHD	Schwab U.S. Dividend Equity ETF	−1,009	14,411	$468,789
IEMG	iShares Trust	−880	80,548	$0
VTHR	VANGUARD RUSSELL 3000 INDEX FUND	−878	28,461	$9,548,665
DFAR	Dimensional US Real Estate ETF	−856	26,891	$649,686
IDEV	iShares Core MSCI International Developed Markets ETF	−790	39,296	$3,516,206
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	−630	73,228	$4,149,098
SHV	iShares 0-1 Year Treasury Bond ETF	−577	37,435	$4,129,829
DFIV	Dimensional International Value ETF	−573	45,519	$2,542,691
ORCL	Oracle Corp	−563	8,060	$1,106,638
AVES	Avantis Emerging Markets Value ETF	−555	77,064	$5,019,178
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
VCRB	VANGUARD CORE BOND ETF	1,359,886	$100,114,807
SKHY	SK hynix Inc.	4,731	$871,213
DIS	Walt Disney Co	7,288	$764,511
DE	Deere & Co	920	$617,826
PFE	Pfizer Inc	21,032	$599,832
SAP	Sap SE	2,682	$559,143
CTAS	Cintas Corp	2,846	$555,140
CRWD	CrowdStrike Holdings, Inc.	1,682	$445,309
OKTA	Okta, Inc.	2,126	$444,567
TM	Toyota Motor Corp	2,380	$435,778
VCRM	Vanguard Municipal Bond Funds	5,790	$414,390
SU	Suncor Energy Inc	6,072	$412,106
IX	Orix Corp	10,670	$402,365
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	3,987	$393,118
MRNA	Moderna, Inc.	2,008	$386,680
AVEE	Avantis Emerging Markets Small Cap Equity ETF	5,465	$374,789
ABT	Abbott Laboratories	3,547	$350,550
KKR	KKR & Co. Inc.	3,707	$338,449
ACN	Accenture plc	1,696	$310,995
TWLO	Twilio Inc	1,048	$306,498
IQV	Iqvia Holdings Inc.	1,128	$303,262
BLK	BlackRock, Inc.	282	$298,437
DEXC	Dimensional Emerging Markets ex China Core Equity ETF	3,610	$287,679
VLO	Valero Energy Corp	660	$255,822
SHOP	Shopify Inc.	1,717	$254,631
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
—		8,009	$461,879
PEP	Pepsico Inc	2,635	$356,779
IDU	iShares U.S. Utilities ETF	2,587	$296,496
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	1,803	$284,928
CGW	Invesco Ltd.	4,234	$278,300
CASY	Caseys General Stores Inc	346	$274,997
CPNG	Coupang, Inc.	15,737	$273,351
CRS	Carpenter Technology Corp	439	$270,792
IJJ	iShares S&P Mid-Cap 400 Value ETF	1,741	$257,197
MTSI	MACOM Technology Solutions Holdings, Inc.	655	$249,142
CEG	Constellation Energy Corp	927	$230,238
BX	Blackstone Inc.	1,939	$228,162
LOW	Lowes Companies Inc	987	$217,623
PWR	Quanta Services, Inc.	302	$217,452
MKSI	Mks Inc	483	$214,838
SCHA	Schwab U.S. Small-Cap ETF	5,928	$214,178
PPL	PPL Corp	5,668	$206,031
XPO	XPO, Inc.	1,001	$205,495
LIND	Lindblad Expeditions Holdings, Inc.	7,272	$205,361
IYC	iShares U.S. Consumer Discretionary ETF	1,994	$201,593
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

364 tracked positions · $2,192,726,703 total · filing declares 372 positions · $2,222,215,944 · as of Sep 30, 2026

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

Showing 1–50 of 364 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	12,676,617	+37,498	$563,475,625	+0.5%	25.70%
DFIC	Dimensional International Core Equity 2 ETF	Added	4,558,200	+63,970	$171,433,902	+2.4%	7.82%
VCRB	VANGUARD CORE BOND ETF	NEW	1,359,886	NEW	$100,114,807	NEW	4.57%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	1,000,106	+13,478	$94,550,021	−3.2%	4.31%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Added	2,303,401	+28,292	$91,491,087	−1.0%	4.17%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	1,887,404	-6,877	$69,871,696	+0.1%	3.19%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Added	725,157	+414,642	$56,018,378	+128.3%	2.55%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Added	639,702	+399,452	$50,095,063	+152.3%	2.28%
DUHP	Dimensional US High Profitability ETF	Added	1,189,434	+18,377	$49,849,178	+2.0%	2.27%
IWV	iShares Russell 3000 ETF	Added	106,994	+53,508	$46,185,030	+102.5%	2.11%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Added	896,860	+851,377	$44,143,449	+1832.2%	2.01%
DFUS	Dimensional U.S. Equity Market ETF	Reduced	505,832	-3,099	$41,999,230	+0.7%	1.92%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Added	587,360	+302,816	$41,203,304	+97.3%	1.88%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	96,862	+53,506	$36,249,634	+125.9%	1.65%
MSFT	Microsoft Corp Technology	Added	54,968	+28,994	$28,193,087	+191.0%	1.29%
AVUS	Avantis U.S. Equity ETF	Added	181,856	+750	$23,293,935	+0.4%	1.06%
AAPL	Apple Inc. Technology	Added	69,832	+3,103	$23,255,452	+20.4%	1.06%
IWF	iShares Russell 1000 Growth ETF	Added	132,668	+65,793	$16,617,993	+100.1%	0.76%
AVGE	Avantis All Equity Markets ETF	Reduced	164,964	-456	$16,222,559	−1.0%	0.74%
BNDX	Vanguard Total International Bond ETF	Added	327,014	+22,909	$15,327,146	+4.1%	0.70%
DFAW	Dimensional World Equity ETF	Added	179,591	+4,528	$14,782,135	+2.0%	0.67%
MLPA	Global X MLP ETF	Added	260,089	+9,841	$13,847,138	+4.2%	0.63%
NVDA	Nvidia Corp Technology	Added	48,953	+1,707	$11,179,886	+18.3%	0.51%
IEFA	iShares Core MSCI EAFE ETF	Reduced	113,018	-447	$10,949,183	−0.1%	0.50%
VOO	VANGUARD 500 INDEX FUND	Added	14,466	+7,701	$10,138,640	+118.2%	0.46%
DFUV	Dimensional U.S. Marketwide Value ETF	Reduced	179,624	-2,218	$9,879,320	−1.2%	0.45%
VTHR	VANGUARD RUSSELL 3000 INDEX FUND	Reduced	28,461	-878	$9,548,665	−1.8%	0.44%
VEA	Vanguard FTSE Developed Markets ETF	Added	134,704	+69,077	$9,511,449	+103.4%	0.43%
AVUV	Avantis U.S. Small Cap Value ETF	Added	79,108	+720	$9,316,549	−4.7%	0.42%
VIG	Vanguard Specialized Funds	Added	39,516	+19,003	$9,219,477	+89.9%	0.42%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Added	98,960	+50,509	$8,869,784	+89.8%	0.40%
VBIL	Vanguard Institutional Index Funds	Added	115,782	+32,835	$8,767,013	+39.7%	0.40%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	18,216	+9,449	$8,309,957	+98.5%	0.38%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Added	52,472	+25,810	$8,282,705	+97.9%	0.38%
JTNY	JPMorgan New York Tax Free Bond ETF	Added	171,601	+1,392	$8,085,839	−5.3%	0.37%
AVEM	Avantis Emerging Markets Equity ETF	Added	81,890	+140	$7,699,297	−2.4%	0.35%
GOOGL	Alphabet Inc. Communication Services	Added	22,076	+1,050	$7,595,910	+1.1%	0.35%
AMZN	Amazon Com Inc Consumer Cyclical	Added	30,342	+449	$7,559,709	+6.1%	0.34%
LLY	ELI LILLY & Co Healthcare	Added	6,512	+3,341	$7,534,904	+98.1%	0.34%
VUG	VANGUARD GROWTH INDEX FUND	Added	82,202	+41,023	$7,407,222	+108.8%	0.34%
AVDE	Avantis International Equity ETF	Added	80,816	+2,073	$7,282,329	+3.7%	0.33%
LIF	Life360, Inc. Technology	Reduced	173,221	-50	$6,976,475	−27.3%	0.32%
SCHP	Schwab U.S. TIPS ETF	Added	274,395	+16,331	$6,895,546	+0.8%	0.31%
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	Added	24,840	+657	$6,887,386	+3.2%	0.31%
IAGG	iShares Core International Aggregate Bond ETF	Added	137,927	+16,174	$6,786,008	+10.1%	0.31%
AVDV	Avantis International Small Cap Value ETF	Added	61,355	+2,914	$6,711,009	+11.4%	0.31%
DFGR	Dimensional Global Real Estate ETF	Added	225,447	+16,644	$6,098,341	+0.8%	0.28%
SGOV	iShares 0-3 Month Treasury Bond ETF	Added	59,469	+280	$5,987,338	+0.5%	0.27%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	89,481	-1,218	$5,945,117	−6.2%	0.27%
SPY	Spdr S&P 500 ETF Trust	Reduced	7,670	-497	$5,849,372	−4.1%	0.27%

Showing the top 50 of 364 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.