BFC Planning, Inc.
Registered adviserCIK
2160654
Location
CEDAR RAPIDS, IA
Portfolio Value
Mid
$2,453,745,093
Diversification
Diversified
Filing Date
Global Rank
#1,420
/ 8,821
▼ 44
Top Industry
Semiconductors
17.6%
Period ended 4 months ago
Filed Oct 29, 2026 · 3d
7 quarters · since Dec 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
Regulatory AUM
$3,841,196,599
Main clients
Individuals and high net worth
(96% 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 | $3,841,196,599 | Individuals and high net worth (96%) |
| Apr 2025 to Mar 2026 | $2,026,848,859 | Individuals and high net worth (96%) |
| Apr 2024 to Mar 2025 | $1,839,208,077 | Individuals and high net worth (97%) |
| May 2023 to Mar 2024 | $1,477,309,181 | Individuals and high net worth (99%) |
| Apr 2023 | $1,477,309,181 | Individuals and high net worth (99%) |
| Apr 2022 to Mar 2023 | $1,955,791,103 | Individuals and high net worth (73%) |
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
Diversified active
Top 10 weight 32.9%, 55.2 effective positions, active share 45.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Medium turnover
34.1% over the last four quarters (30% to under 100%)
Horizon
Medium horizon
Value-weighted holding period 6.6 quarters (4 to under 12)
Closest benchmark: every 13F filer's combined book, active share 45.8%; sector active share 31.2% against the combined 13F book's sector weights.
Over time 7 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 backtestPortfolio Concentration
3,400 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
8.6%
+2.4 pts
Top 5
22.9%
+1.0 pts
Top 10
32.9%
−0.6 pts
HHI
181
Diversified+18
Portfolio Trend
7 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 44.1% | $1,082,084,569 |
| Technology | 21.0% | $516,469,929 |
| Financial Services | 7.9% | $192,696,069 |
| Industrials | 5.3% | $129,396,964 |
| Healthcare | 5.2% | $128,770,637 |
| Communication Services | 4.9% | $119,626,383 |
| Consumer Cyclical | 3.6% | $88,003,831 |
| Consumer Defensive | 3.1% | $75,202,837 |
| Energy | 2.0% | $50,010,527 |
| Utilities | 1.1% | $27,623,933 |
| Real Estate | 1.1% | $26,459,305 |
| Basic Materials | 0.7% | $17,400,109 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ALKS | Alkermes plc. | +204,459 | 206,009 | $10,794,871 | |
| MGK | VANGUARD MEGA CAP GROWTH INDEX FUND | +154,774 | 192,356 | $16,910,015 | |
| APLE | Apple Hospitality REIT, Inc. | +149,716 | 150,511 | $2,530,089 | |
| TFC | Truist Financial Corp | +135,321 | 142,942 | $7,121,370 | |
| ARMK | Aramark | +128,708 | 128,748 | $7,325,761 | |
| MTCH | Match Group, Inc. | +124,629 | 124,793 | $4,748,373 | |
| IJS | iShares S&P Small-Cap 600 Value ETF | +124,500 | 128,551 | $17,570,350 | |
| NOK | Nokia Corp | +111,728 | 254,926 | $3,385,417 | |
| VUG | VANGUARD GROWTH INDEX FUND | +94,858 | 104,923 | $9,038,067 | |
| EEM | iShares MSCI Emerging Markets ETF | +88,762 | 108,299 | $7,408,734 | |
| RZLV | Rezolve Ai PLC | +75,000 | 165,000 | $519,750 | |
| — | +71,072 | 149,521 | $8,397,099 | ||
| — | +70,360 | 88,354 | $2,421,783 | ||
| MET | Metlife Inc | +69,983 | 72,038 | $6,095,135 | |
| IWF | iShares Russell 1000 Growth ETF | +65,643 | 88,087 | $10,937,762 | |
| IWM | iShares Russell 2000 ETF | +56,401 | 74,146 | $22,277,165 | |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | +55,349 | 55,449 | $6,515,257 | |
| ESI | Element Solutions Inc | +54,655 | 55,123 | $2,632,123 | |
| JEPI | JPMorgan Equity Premium Income ETF | +52,397 | 127,311 | $7,190,525 | |
| KD | Kyndryl Holdings, Inc. | +50,036 | 53,105 | $600,617 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +46,661 | 53,087 | $6,344,958 | |
| SGOV | iShares 0-3 Month Treasury Bond ETF | +46,635 | 50,590 | $5,092,895 | |
| SHYG | iShares 0-5 Year High Yield Corporate Bond ETF | +39,924 | 41,756 | $1,770,871 | |
| DTIL | Precision Biosciences Inc | +39,000 | 67,000 | $526,620 | |
| SPYM | State Street(R) SPDR(R) Portfolio S&P 500(R) ETF | +37,854 | 176,771 | $15,534,635 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| — | −790,333 | 33,057 | $3,029,343 | ||
| MRNA | Moderna, Inc. | −147,665 | 2,762 | $193,422 | |
| CMCSA | Comcast Corp | −119,374 | 13,761 | $337,832 | |
| SPTM | State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF | −110,327 | 235,676 | $21,397,024 | |
| AAPL | Apple Inc. | −109,760 | 181,504 | $52,519,997 | |
| BINC | −99,140 | 4,420 | $231,342 | ||
| OLN | OLIN Corp | −97,608 | 150 | $2,973 | |
| TBIL | F/m US Treasury 3 Month Bill Fund | −94,727 | 379,685 | $18,931,094 | |
| FITB | Fifth Third Bancorp | −76,743 | 5,507 | $310,429 | |
| AMZN | Amazon Com Inc | −68,669 | 106,605 | $25,408,235 | |
| TPR | Tapestry, Inc. | −54,893 | 1,668 | $244,161 | |
| PDO | PIMCO Dynamic Income Opportunities Fund | −40,015 | 558 | $7,376 | |
| PHK | Pimco High Income Fund | −39,309 | 124,450 | $579,937 | |
| BAC | Bank Of America Corp | −39,022 | 25,151 | $1,433,103 | |
| SVAL | iShares US Small Cap Value Factor ETF | −36,979 | 58,557 | $2,446,804 | |
| XMPT | VanEck CEF Muni Income ETF | −36,268 | 70,523 | $1,575,483 | |
| — | −34,427 | 7,179 | $208,262 | ||
| COKE | Coca-Cola Consolidated, Inc. | −33,441 | 69 | $13,173 | |
| VCIT | VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | −32,282 | 63,150 | $5,219,347 | |
| BX | Blackstone Inc. | −31,051 | 20,163 | $2,372,580 | |
| USFR | WisdomTree Floating Rate Treasury Fund | −29,859 | 118,208 | $5,951,772 | |
| IDVO | Amplify CWP International Enhanced Dividend Income ETF | −29,498 | 731 | $30,702 | |
| NUV | Nuveen Municipal Value Fund Inc | −27,606 | 61,277 | $564,973 | |
| DOCN | DigitalOcean Holdings, Inc. | −27,044 | 31,195 | $4,898,550 | |
| QQQ | Invesco Qqq Trust, Series 1 | −25,643 | 112,810 | $83,073,284 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ARWR | Arrowhead Pharmaceuticals, Inc. | 149,691 | $12,201,313 | |
| COCO | Vita Coco Company, Inc. | 113,756 | $7,523,821 | |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | 49,347 | $2,926,770 | |
| HONA | Honeywell Aerospace Inc. | 10,155 | $2,245,067 | |
| SPCX | Space Exploration Technologies Corp | 8,852 | $1,512,452 | |
| SDGR | Schrodinger, Inc. | 85,700 | $1,392,625 | |
| CBC | Central Bancompany, Inc. | 45,600 | $1,385,328 | |
| HIMU | 10,000 | $498,000 | ||
| FDXF | FedEx Freight Holding Company, Inc. | 2,831 | $427,481 | |
| IALT | 14,860 | $416,823 | ||
| EZPW | Ezcorp Inc | 11,692 | $404,192 | |
| QTEC | First Trust NASDAQ-100-Technology Sector Index Fund | 1,158 | $387,571 | |
| ONDS | Ondas Inc. | 44,750 | $368,740 | |
| IBHM | iShares iBonds 2033 Term High Yield and Income ETF | 14,015 | $356,121 | |
| GGOV | 6,949 | $349,465 | ||
| TAYD | Taylor Devices, Inc. | 5,370 | $315,111 | |
| VIOG | VANGUARD S&P SMALL-CAP 600 GROWTH INDEX FUND | 1,330 | $204,048 | |
| — | 2,680 | $195,452 | ||
| BME | BlackRock Health Sciences Trust | 4,400 | $188,980 | |
| CBSH | Commerce Bancshares Inc | 3,244 | $187,341 | |
| SEIM | SEI Enhanced U.S. Large Cap Momentum Factor ETF | 3,078 | $172,829 | |
| IWB | iShares Russell 1000 ETF | 392 | $160,524 | |
| UTG | Reaves Utility Income Fund | 3,931 | $160,070 | |
| QGRW | WisdomTree U.S. Quality Growth Fund | 2,262 | $149,359 | |
| SSO | ProShares Ultra S&P500 | 2,176 | $146,618 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| TRC | Tejon Ranch Co | 87,750 | $1,653,210 | |
| ALLO | Allogene Therapeutics, Inc. | 288,000 | $702,720 | |
| CNX | CNX Resources Corp | 17,947 | $691,856 | |
| IBDS | iShares iBonds Dec 2027 Term Corporate ETF | 16,826 | $407,862 | |
| STRT | Strattec Security Corp | 4,882 | $382,455 | |
| IMAX | Imax Corp | 7,308 | $277,777 | |
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | 11,115 | $269,427 | |
| HMY | Harmony Gold Mining Co Ltd | 12,592 | $193,539 | |
| VNET | VNET Group, Inc. | 19,043 | $159,770 | |
| KEP | Korea Electric Power Corp | 10,480 | $149,340 | |
| MLKN | Millerknoll, Inc. | 10,000 | $144,600 | |
| NAC | Nuveen California Quality Municipal Income Fund | 11,012 | $128,289 | |
| FUTU | Futu Holdings Ltd | 925 | $126,503 | |
| VKI | Invesco Advantage Municipal Income Trust II | 14,052 | $121,690 | |
| VLRS | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. | 15,781 | $114,254 | |
| BXMT | Blackstone Mortgage Trust, Inc. | 5,034 | $96,401 | |
| RNG | RingCentral, Inc. | 915 | $34,028 | |
| BAUG | 675 | $32,972 | ||
| CRWG | Leverage Shares 2x Long CRWV Daily ETF | 13,500 | $31,995 | |
| FIDI | Fidelity International High Dividend ETF | 1,155 | $31,883 | |
| TYG | Tortoise Energy Infrastructure Corp | 622 | $31,006 | |
| IEV | iShares Europe ETF | 453 | $30,776 | |
| FETH | Fidelity Ethereum Fund | 1,000 | $20,880 | |
| DGXX | Digi Power X Inc. | 10,000 | $20,300 | |
| VFVA | VANGUARD U.S. VALUE FACTOR ETF | 142 | $19,114 | |
| No positions match the current search. | ||||
3,400 tracked positions ·
$2,453,745,093 total
· filing declares
3,424 positions · $2,458,784,286
· as of Jun 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 3,400 positions by value
· page 1 of 68
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 649,146 | $129,887,623 | 5.29% | |
| QQQ |
Invesco Qqq Trust, Series 1
PUT
+ SHARES
|
Reduced | 113,410 | $83,085,999 | 3.39% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 181,504 | $52,519,997 | 2.14% | |
| SPY |
Spdr S&P 500 ETF Trust
PUT
+ SHARES
|
Reduced | 65,258 | $48,138,763 | 1.96% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 111,878 | $41,732,731 | 1.70% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 111,290 | $39,771,707 | 1.62% | |
| MU |
Micron Technology Inc
Technology
|
Added | 30,427 | $35,121,581 | 1.43% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 153,058 | $29,160,610 | 1.19% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 59,274 | $28,307,484 | 1.15% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 106,605 | $25,408,235 | 1.04% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 64,223 | $22,691,912 | 0.92% | |
| IWM |
iShares Russell 2000 ETF
|
Added | 74,146 | $22,277,165 | 0.91% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Added | 58,398 | $21,609,595 | 0.88% | |
| SPTM |
State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF
|
Reduced | 235,676 | $21,397,024 | 0.87% | |
| LMBS |
First Trust Low Duration Opportunities ETF
|
Added | 390,916 | $19,459,798 | 0.79% | |
| TBIL |
F/m US Treasury 3 Month Bill Fund
|
Reduced | 379,685 | $18,931,094 | 0.77% | |
| VIG |
Vanguard Specialized Funds
|
Reduced | 79,125 | $18,722,557 | 0.76% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 31,904 | $17,971,204 | 0.73% | |
| IJS |
iShares S&P Small-Cap 600 Value ETF
|
Added | 128,551 | $17,570,350 | 0.72% | |
| MGK |
VANGUARD MEGA CAP GROWTH INDEX FUND
|
Added | 192,356 | $16,910,015 | 0.69% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 13,646 | $16,367,423 | 0.67% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 49,765 | $16,289,577 | 0.66% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 115,404 | $15,778,034 | 0.64% | |
| SPYM |
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
|
Added | 176,771 | $15,534,635 | 0.63% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 60,567 | $15,382,200 | 0.63% | |
| VONG |
VANGUARD RUSSELL 1000 GROWTH INDEX FUND
|
Added | 118,444 | $15,138,327 | 0.62% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 18,794 | $14,074,638 | 0.57% | |
| IVE |
iShares S&P 500 Value ETF
|
Reduced | 61,525 | $13,969,866 | 0.57% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 93,413 | $13,698,082 | 0.56% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 35,165 | $13,283,578 | 0.54% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 50,764 | $12,774,252 | 0.52% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 18,224 | $12,516,425 | 0.51% | |
| APH |
Amphenol Corp
Technology
|
Added | 70,090 | $12,358,268 | 0.50% | |
| ARWR |
Arrowhead Pharmaceuticals, Inc.
Healthcare
|
NEW | 149,691 | $12,201,313 | 0.50% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 12,827 | $11,999,273 | 0.49% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 32,569 | $11,486,434 | 0.47% | |
| FTSM |
First Trust Enhanced Short Maturity ETF
|
Added | 190,626 | $11,386,090 | 0.46% | |
| TIGO |
Millicom International Cellular SA
Communication Services
|
Added | 125,085 | $11,352,714 | 0.46% | |
| QQQM |
Invesco Ltd.
Financial Services
|
Added | 37,029 | $11,218,676 | 0.46% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 22,153 | $11,085,139 | 0.45% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 39,225 | $11,030,462 | 0.45% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Added | 88,087 | $10,937,762 | 0.45% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Reduced | 31,746 | $10,826,020 | 0.44% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 25,688 | $10,804,372 | 0.44% | |
| ALKS |
Alkermes plc.
Healthcare
|
Added | 206,009 | $10,794,871 | 0.44% | |
| CMI |
Cummins Inc
Industrials
|
Added | 14,022 | $10,000,630 | 0.41% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 85,387 | $9,962,101 | 0.41% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 82,685 | $9,364,903 | 0.38% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 15,824 | $9,192,319 | 0.37% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 8,610 | $9,168,789 | 0.37% |
Showing the top 50 of 3,400 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.