Zhang Financial LLC
•CIK: 1776290•Filing: Q4 2025
**Zhang Financial LLC** manages $2.7B across a diversified portfolio of 339 positions. The fund exhibits a significant allocation to broad market indices, notably holding VOO at $195.0M and VTI at $183.7M. Further concentration is evident in sector-specific plays, with DFUS commanding a $179.3M stake, followed by ITOT at $156.4M. This structure suggests a core strategy rooted in large-cap U.S. equity exposure supplemented by targeted thematic investments.
Total AUM
$2.7B
QoQ Performance
+8.9%
Positions
249
Top 10 Concentration
50.7%
Latest Filing
Q4 2025
Top Holdings Allocation
VOO
VTI
DFUS
ITOT
VXUS
VOO7.3%
VTI6.8%
DFUS6.7%
ITOT5.8%
VXUS5.3%
DFAC4.9%
BIV4.4%
VT3.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other79.7%
ETF8.6%
Technology6.9%
Financial1.4%
Consumer1.4%
Healthcare1.0%
Industrial0.5%
Consumer Staples0.2%
🚪 Exited Positionssold since Q3 2025
+113 more exited positions
Changes from Q3 2025
NEW2 new positions
↑132 increased
↓52 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023