Elser Financial Planning, Inc

Registered adviser

CIK

2028202

Location

INDIANAPOLIS, IN

Portfolio Value

Mid $2,281,341,454

Diversification

Highly concentrated

Filing Date

Global Rank

#1,423 / 8,811 ▼ 77 · as of Jun 2026

Top Industry

Banks - Regional 95.1%

Period ended 21 days ago

Filed Oct 16, 2026 · 5d

10 quarters · since Jun 2024

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 143311

Roster of Oct 1, 2026

Regulatory AUM

$2,107,948,395

Main clients

Individuals and high net worth (95% 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	$2,107,948,395	Individuals and high net worth (95%)
Mar 2025 to Mar 2026	$2,004,775,922	Individuals and high net worth (98%)
Feb 2024 to Feb 2025	$2,060,454,446	Individuals and high net worth (98%)
May 2023 to Jan 2024	$1,379,851,158	Individuals and high net worth (98%)
Mar 2023 to Apr 2023	$1,379,851,158	Individuals and high net worth (98%)
Mar 2022 to Feb 2023	$1,579,097,036	Individuals and high net worth (99%)

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 98.0% of the book (60%+)

Turnover

Low turnover

5.8% over the last four quarters (under 30%)

Horizon

Short horizon

Value-weighted holding period 3.4 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 95.3%; sector active share 76.3% against the combined 13F book's sector weights.

Over time 9 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

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

Top Position

57.5%

−0.9 pts

Top 5

95.9%

−1.2 pts

Top 10

97.8%

−0.2 pts

HHI

4,529

Highly concentrated−206

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	57.8%	$1,318,100,816	7
Unclassified	39.5%	$901,915,964	74
Healthcare	1.2%	$28,036,597	9
Technology	0.8%	$18,834,371	12
Industrials	0.2%	$4,669,919	11
Consumer Defensive	0.2%	$3,725,173	5
Consumer Cyclical	0.1%	$2,572,813	7
Communication Services	0.1%	$1,954,749	2
Energy	0.0%	$1,021,538	3
Utilities	0.0%	$306,595	1
Real Estate	0.0%	$202,919	1

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
DFIC	Dimensional International Core Equity 2 ETF	+75,167	2,282,383	$85,840,424
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	+31,760	1,070,275	$42,511,323
DFSD	Dimensional Short-Duration Fixed Income ETF	+20,643	818,735	$38,048,252
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	+6,109	11,727	$1,156,282
APO	Apollo Global Management, Inc.	+4,800	9,547	$1,108,024
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+2,471	3,933	$484,073
VEA	Vanguard FTSE Developed Markets ETF	+1,168	16,456	$1,161,958
DFAU	Dimensional US Core Equity Market ETF	+949	1,990,787	$104,237,607
EFA	iShares MSCI EAFE ETF	+534	3,697	$0
VOO	VANGUARD 500 INDEX FUND	+524	14,498	$10,161,068
VO	VANGUARD MID-CAP INDEX FUND	+427	3,350	$262,707
DFAW	Dimensional World Equity ETF	+294	5,019	$413,113
AAPL	Apple Inc.	+269	26,004	$8,659,852
LLY	ELI LILLY & Co	+252	19,259	$22,284,203
AN	Autonation, Inc.	+232	6,964	$1,096,412
NVDA	Nvidia Corp	+172	10,936	$2,497,563
MSFT	Microsoft Corp	+157	5,266	$2,700,931
WMT	Walmart Inc.	+101	2,635	$273,829
INTC	Intel Corp	+97	6,394	$768,750
CSX	Csx Corp	+96	11,557	$537,516
GOOGL	Alphabet Inc.	+96	4,406	$1,516,016
JPM	Jpmorgan Chase & Co	+77	7,282	$2,409,104
MRK	Merck & Co., Inc.	+66	2,064	$299,919
PG	PROCTER & GAMBLE Co	+57	4,538	$659,280
BRO	Brown & Brown, Inc.	+55	29,556	$1,799,960
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFCF	Dimensional Core Fixed Income ETF	−617,114	3,800,199	$152,463,983
DFGX	Dimensional International Core Fixed Income ETF	−436,092	342,934	$17,537,301
DFSV	Dimensional US Small Cap Value ETF	−384,176	539,399	$20,211,280
DUHP	Dimensional US High Profitability ETF	−282,418	307,002	$12,866,453
DFLV	Dimensional US Large Cap Value ETF	−66,202	108,451	$4,356,476
DFUV	Dimensional U.S. Marketwide Value ETF	−57,917	824,754	$45,361,470
DFAT	Dimensional U.S. Targeted Value ETF	−52,695	305,681	$20,309,445
DFSU	Dimensional US Sustainability Core 1 ETF	−40,540	202,357	$9,545,179
VUSB	VANGUARD ULTRA-SHORT BOND ETF	−17,993	25,648	$1,270,858
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−17,616	88,639	$4,197,943
VTEI	VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF	−17,444	2,508	$239,125
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−11,571	17,926	$1,384,783
DFSI	Dimensional International Sustainability Core 1 ETF	−11,475	228,285	$10,311,633
MBIN	Merchants Bancorp	−11,298	26,797,327	$1,311,997,129
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	−6,533	119,716	$5,788,268
SCHX	Schwab U.S. Large-Cap ETF	−4,943	129,144	$3,874,320
DFUS	Dimensional U.S. Equity Market ETF	−4,298	916,566	$76,102,474
SCHA	Schwab U.S. Small-Cap ETF	−4,102	92,387	$3,014,587
DFAS	Dimensional U.S. Small Cap ETF	−4,036	535,310	$41,443,700
DFAE	Dimensional Emerging Core Equity Market ETF	−3,010	164,121	$6,451,596
SCHF	Schwab International Equity ETF	−2,561	87,252	$2,396,812
SCHB	Schwab U.S. Broad Market ETF	−1,842	102,953	$3,017,552
DFAI	Dimensional International Core Equity Market ETF	−1,448	160,829	$6,663,145
DFGR	Dimensional Global Real Estate ETF	−1,383	351,837	$9,517,190
DUSB	Dimensional Ultrashort Fixed Income ETF	−1,221	5,728	$289,206
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
DFGP	Dimensional Global Core Plus Fixed Income ETF	1,020,921	$53,012,343
AVLV	Avantis U.S. Large Cap Value ETF	255,539	$23,110,947
AVUV	Avantis U.S. Small Cap Value ETF	153,572	$18,086,174
VSDM	VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF	107,463	$7,993,097
VCRM	Vanguard Municipal Bond Funds	53,858	$3,854,617
DFNM	Dimensional National Municipal Bond ETF	64,509	$2,969,349
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	39,707	$1,954,378
VPU	VANGUARD UTILITIES INDEX FUND	10,422	$1,782,162
GDDY	GoDaddy Inc.	5,525	$527,692
MRNA	Moderna, Inc.	1,335	$257,080
ABT	Abbott Laboratories	2,209	$218,315
SMB	VanEck Short Muni ETF	10,451	$176,830
ANF	Abercrombie & Fitch Co /De/	1,001	$134,824
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
AVIG	Avantis Core Fixed Income ETF	12,965	$536,880
XOM	ExxonMobil Holdings Corp	3,184	$435,316
HD	Home Depot, Inc.	675	$238,059
PWR	Quanta Services, Inc.	302	$217,452
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	258,666	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

132 tracked positions · $2,281,341,454 total · filing declares 132 positions · $2,284,998,893 · as of Sep 30, 2026

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

Showing 1–50 of 132 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MBIN	Merchants Bancorp Financial Services	Reduced	26,797,327	-11,298	$1,311,997,129	−2.1%	57.51%
DFCF	Dimensional Core Fixed Income ETF	Reduced	3,800,199	-617,114	$152,463,983	−18.2%	6.68%
DFAU	Dimensional US Core Equity Market ETF	Added	1,990,787	+949	$104,237,607	+1.3%	4.57%
DFIC	Dimensional International Core Equity 2 ETF	Added	2,282,383	+75,167	$85,840,424	+4.4%	3.76%
DFUS	Dimensional U.S. Equity Market ETF	Reduced	916,566	-4,298	$76,102,474	+0.9%	3.34%
DFGP	Dimensional Global Core Plus Fixed Income ETF	NEW	1,020,921	NEW	$53,012,343	NEW	2.32%
DFUV	Dimensional U.S. Marketwide Value ETF	Reduced	824,754	-57,917	$45,361,470	−6.6%	1.99%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Added	1,070,275	+31,760	$42,511,323	+0.7%	1.86%
DFAS	Dimensional U.S. Small Cap ETF	Reduced	535,310	-4,036	$41,443,700	−6.7%	1.82%
DFSD	Dimensional Short-Duration Fixed Income ETF	Added	818,735	+20,643	$38,048,252	−0.2%	1.67%
AVLV	Avantis U.S. Large Cap Value ETF	NEW	255,539	NEW	$23,110,947	NEW	1.01%
LLY	ELI LILLY & Co Healthcare	Added	19,259	+252	$22,284,203	−2.3%	0.98%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	305,681	-52,695	$20,309,445	−18.9%	0.89%
DFSV	Dimensional US Small Cap Value ETF	Reduced	539,399	-384,176	$20,211,280	−43.6%	0.89%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	513,366	-471	$19,004,809	+0.4%	0.83%
AVUV	Avantis U.S. Small Cap Value ETF	NEW	153,572	NEW	$18,086,174	NEW	0.79%
DFGX	Dimensional International Core Fixed Income ETF	Reduced	342,934	-436,092	$17,537,301	−58.0%	0.77%
DUHP	Dimensional US High Profitability ETF	Reduced	307,002	-282,418	$12,866,453	−47.7%	0.56%
DFSI	Dimensional International Sustainability Core 1 ETF	Reduced	228,285	-11,475	$10,311,633	−4.6%	0.45%
VOO	VANGUARD 500 INDEX FUND	Added	14,498	+524	$10,161,068	+5.9%	0.45%
DFSU	Dimensional US Sustainability Core 1 ETF	Reduced	202,357	-40,540	$9,545,179	−15.7%	0.42%
DFGR	Dimensional Global Real Estate ETF	Reduced	351,837	-1,383	$9,517,190	−7.0%	0.42%
AAPL	Apple Inc. Technology	Added	26,004	+269	$8,659,852	+16.3%	0.38%
DCOR	Dimensional ETF Trust	Reduced	101,070	-692	$8,354,446	+0.1%	0.37%
VSDM	VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF	NEW	107,463	NEW	$7,993,097	NEW	0.35%
DFAI	Dimensional International Core Equity Market ETF	Reduced	160,829	-1,448	$6,663,145	−0.5%	0.29%
DFAE	Dimensional Emerging Core Equity Market ETF	Reduced	164,121	-3,010	$6,451,596	−4.0%	0.28%
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	Reduced	119,716	-6,533	$5,788,268	−6.2%	0.25%
DFLV	Dimensional US Large Cap Value ETF	Reduced	108,451	-66,202	$4,356,476	−36.9%	0.19%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	88,639	-17,616	$4,197,943	−21.9%	0.18%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	129,144	-4,943	$3,874,320	−1.8%	0.17%
VCRM	Vanguard Municipal Bond Funds	NEW	53,858	NEW	$3,854,617	NEW	0.17%
SCHB	Schwab U.S. Broad Market ETF	Reduced	102,953	-1,842	$3,017,552	−0.6%	0.13%
SCHA	Schwab U.S. Small-Cap ETF	Reduced	92,387	-4,102	$3,014,587	−13.5%	0.13%
DFNM	Dimensional National Municipal Bond ETF	NEW	64,509	NEW	$2,969,349	NEW	0.13%
VB	Vanguard Index Funds	Reduced	9,747	-102	$2,772,924	−7.1%	0.12%
MSFT	Microsoft Corp Technology	Added	5,266	+157	$2,700,931	+41.7%	0.12%
NVDA	Nvidia Corp Technology	Added	10,936	+172	$2,497,563	+16.0%	0.11%
JPM	Jpmorgan Chase & Co Financial Services	Added	7,282	+77	$2,409,104	+2.1%	0.11%
SCHF	Schwab International Equity ETF	Reduced	87,252	-2,561	$2,396,812	−3.7%	0.11%
JNJ	Johnson & Johnson Healthcare	Added	8,588	+44	$2,273,587	+4.8%	0.10%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	2,162	-106	$1,968,155	−7.2%	0.09%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	NEW	39,707	NEW	$1,954,378	NEW	0.09%
QTEC	First Trust NASDAQ-100-Technology Sector Index Fund	Held	5,783	0	$1,906,828	−1.5%	0.08%
BRO	Brown & Brown, Inc. Financial Services	Added	29,556	+55	$1,799,960	−4.9%	0.08%
VPU	VANGUARD UTILITIES INDEX FUND	NEW	10,422	NEW	$1,782,162	NEW	0.08%
GOOGL	Alphabet Inc. Communication Services	Added	4,406	+96	$1,516,016	−1.6%	0.07%
FXL	First Trust Technology AlphaDEX Fund	Held	6,786	0	$1,499,706	+1.7%	0.07%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	17,926	-11,571	$1,384,783	−40.6%	0.06%
NVS	Novartis AG Healthcare	Held	8,978	0	$1,279,993	−9.0%	0.06%

Showing the top 50 of 132 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.