Flagstone Financial Management

CIK

1968890

Location

LINCOLN, NE

Portfolio Value

Small $447,164,161

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,116 / 8,793 ▼ 47 · as of Jun 2026

Top Industry

Insurance - Diversified 23.2%

3Y Alpha vs SPY

-7.4%

Period ended 3 months ago

Filed Jul 21, 2026 · 2mo

15 quarters · since Dec 2022

Clone Performance

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

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Portfolio Concentration

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

Top Position

34.8%

−3.0 pts

Top 5

82.5%

−3.9 pts

Top 10

95.1%

−0.1 pts

HHI

1,861

Moderately concentrated−272

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	93.5%	$417,885,173	14
Financial Services	3.0%	$13,225,482	9
Technology	1.8%	$8,073,729	8
Industrials	0.5%	$2,112,274	6
Communication Services	0.4%	$1,605,336	2
Energy	0.3%	$1,153,358	2
Consumer Defensive	0.2%	$1,006,441	3
Healthcare	0.2%	$703,518	2
Consumer Cyclical	0.1%	$609,673	1
Utilities	0.1%	$423,295	2
Real Estate	0.1%	$365,882	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	+67,247	1,882,730	$56,594,559
AAXJ	iShares MSCI All Country Asia ex Japan ETF	+38,813	978,681	$52,318,520
BILZ	PIMCO Ultra Short Government Active ETF	+21,695	187,771	$9,876,754
BNDX	Vanguard Total International Bond ETF	+20,424	496,358	$24,038,617
CWI	State Street SPDR MSCI ACWI ex-US ETF	+11,783	662,916	$33,404,337
DCOR	Dimensional US Core Equity 1 ETF	+10,790	2,232,845	$155,567,518
VIG	Vanguard Dividend Appreciation ETF	+3,509	124,060	$12,410,311
BOC	BOSTON OMAHA Corp	+560	24,775	$337,931
AMZN	Amazon Com Inc	+408	2,558	$609,673
MKL	Markel Group Inc.	+28	282	$550,748
MSFT	Microsoft Corp	+24	5,100	$1,902,402
VZ	Verizon Communications Inc	+11	6,619	$280,248
WFC	Wells Fargo & Company/Mn	+8	10,746	$888,049
NVDA	Nvidia Corp	+6	5,043	$1,009,053
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
ACSG	American Century Small Cap Growth Insights ETF	−3,380	643,678	$70,985,059
VEA	Vanguard FTSE Developed Markets ETF	−1,381	5,205	$370,856
USB	US Bancorp De	−837	23,693	$1,431,057
XOM	ExxonMobil Holdings Corp	−289	6,531	$892,918
GOOGL	Alphabet Inc.	−200	3,739	$1,325,088
AAPL	Apple Inc.	−173	11,485	$3,323,299
JNJ	Johnson & Johnson	−30	1,906	$484,066
ETN	Eaton Corp plc	−25	639	$272,290
BRK-B	Berkshire Hathaway Inc	−22	12,097	$6,801,567
VB	Vanguard Morningstar Small-Cap ETF	−20	2,068	$765,242
QQQ	Invesco Qqq Trust, Series 1	−12	524	$385,873
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
AMAT	Applied Materials Inc /De	499	$360,777
STX	Seagate Technology Holdings plc	365	$352,225
PANW	Palo Alto Networks Inc	670	$228,483
V	Visa Inc.	646	$221,636
D	Dominion Energy, Inc	3,200	$218,528
CAT	Caterpillar Inc	200	$212,980
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

50 tracked positions · $447,164,161 total · filing declares 77 positions · $447,163,961 · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DCOR	Dimensional US Core Equity 1 ETF	Added	2,232,845	+10,790	$155,567,518	+16.7%	34.79%
ACSG	American Century Small Cap Growth Insights ETF	Reduced	643,678	-3,380	$70,985,059	+10.8%	15.87%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Added	1,882,730	+67,247	$56,594,559	+3.6%	12.66%
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Added	978,681	+38,813	$52,318,520	—	11.70%
CWI	State Street SPDR MSCI ACWI ex-US ETF	Added	662,916	+11,783	$33,404,337	+12.4%	7.47%
BNDX	Vanguard Total International Bond ETF	Added	496,358	+20,424	$24,038,617	+5.1%	5.38%
VIG	Vanguard Dividend Appreciation ETF	Added	124,060	+3,509	$12,410,311	+11.8%	2.78%
BILZ	PIMCO Ultra Short Government Active ETF	Added	187,771	+21,695	$9,876,754	+14.0%	2.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	12,097	-22	$6,801,567	+4.2%	1.52%
AAPL	Apple Inc. Technology	Reduced	11,485	-173	$3,323,299	+12.3%	0.74%
JPM	Jpmorgan Chase & Co Financial Services	Held	6,694	0	$2,191,147	+11.3%	0.49%
MSFT	Microsoft Corp Technology	Added	5,100	+24	$1,902,402	+1.2%	0.43%
USB	US Bancorp De Financial Services	Reduced	23,693	-837	$1,431,057	+12.2%	0.32%
GOOGL	Alphabet Inc. Communication Services	Reduced	3,739	-200	$1,325,088	+17.2%	0.30%
NVDA	Nvidia Corp Technology	Added	5,043	+6	$1,009,053	+14.9%	0.23%
XOM	ExxonMobil Holdings Corp Energy	Reduced	6,531	-289	$892,918	−22.8%	0.20%
WFC	Wells Fargo & Company/Mn Financial Services	Added	10,746	+8	$888,049	+3.9%	0.20%
VB	Vanguard Morningstar Small-Cap ETF	Reduced	2,068	-20	$765,242	+14.2%	0.17%
DE	Deere & Co Industrials	Held	1,032	0	$654,628	+12.6%	0.15%
BNDW	Vanguard Total World Bond ETF	Held	10,612	0	$625,895	−1.0%	0.14%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,558	+408	$609,673	+36.2%	0.14%
MA	Mastercard Inc Financial Services	Held	1,140	0	$585,504	+2.8%	0.13%
MKL	Markel Group Inc. Financial Services	Added	282	+28	$550,748	+13.3%	0.12%
JNJ	Johnson & Johnson Healthcare	Reduced	1,906	-30	$484,066	+2.3%	0.11%
ORCL	Oracle Corp Technology	Held	3,278	0	$480,390	−0.4%	0.11%
PEP	Pepsico Inc Consumer Defensive	Held	3,400	0	$460,360	−12.8%	0.10%
CSCO	Cisco Systems, Inc. Technology	Held	3,551	0	$417,100	+51.4%	0.09%
QQQ	Invesco Qqq Trust, Series 1	Reduced	524	-12	$385,873	+24.7%	0.09%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	5,205	-1,381	$370,856	−12.1%	0.08%
ELS	Equity Lifestyle Properties Inc Real Estate	Held	5,677	0	$365,882	+3.3%	0.08%
AMAT	Applied Materials Inc /De Technology	NEW	499	NEW	$360,777	NEW	0.08%
STX	Seagate Technology Holdings plc Technology	NEW	365	NEW	$352,225	NEW	0.08%
BOC	BOSTON OMAHA Corp Industrials	Added	24,775	+560	$337,931	+19.5%	0.08%
ROK	Rockwell Automation, Inc Industrials	Held	681	0	$337,149	+38.0%	0.08%
WMT	Walmart Inc. Consumer Defensive	Held	2,745	0	$310,898	−8.9%	0.07%
UNP	Union Pacific Corp Industrials	Held	1,093	0	$297,296	+12.1%	0.07%
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	Held	1,522	0	$289,971	+43.4%	0.06%
VZ	Verizon Communications Inc Communication Services	Added	6,619	+11	$280,248	−15.5%	0.06%
STT	State Street Corp Financial Services	Held	5,227	0	$280,219	+8.6%	0.06%
BAC	Bank Of America Corp /De/ Financial Services	Held	4,836	0	$275,555	+16.9%	0.06%
ETN	Eaton Corp plc Industrials	Reduced	639	-25	$272,290	+14.7%	0.06%
VLO	Valero Energy Corp/Tx Energy	Held	1,000	0	$260,440	+5.4%	0.06%
SPY	Spdr S&P 500 ETF Trust	Held	337	0	$251,661	+14.8%	0.06%
PM	Philip Morris International Inc. Consumer Defensive	Held	1,300	0	$235,183	+9.4%	0.05%
PANW	Palo Alto Networks Inc Technology	NEW	670	NEW	$228,483	NEW	0.05%
V	Visa Inc. Financial Services	NEW	646	NEW	$221,636	NEW	0.05%
GILD	Gilead Sciences, Inc. Healthcare	Held	1,737	0	$219,452	−9.3%	0.05%
D	Dominion Energy, Inc Utilities	NEW	3,200	NEW	$218,528	NEW	0.05%
CAT	Caterpillar Inc Industrials	NEW	200	NEW	$212,980	NEW	0.05%
NEE	Nextera Energy Inc Utilities	Held	2,333	0	$204,767	−5.5%	0.05%

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.