Portfolio (Quarterly) Guide ↗

Flagstone Financial Management

· CIK 0001968890

13F Portfolio $447M AUM 77 positions Filed Jul 21, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q1 2026 · All 6 New 19 Added 17 Reduced

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	DFUS	DIMENSIONAL ETF TRUST	—	1,555,365.0	$127.4M	28.50%	+24K	+1.6%	$81.94	+2.1%
2	IGIB	ISHARES TR	—	843,498.0	$44.8M	10.03%	+34K	+4.2%	$53.17	-1.3%
3	SPDW	SPDR INDEX SHS FDS	—	662,916.0	$33.4M	7.47%	+12K	+1.8%	$50.39	+3.8%
4	SPSB	SPDR SERIES TRUST	—	940,715.0	$28.2M	6.31%	+28K	+3.1%	$30.01	-0.1%
5	SPTI	SPDR SERIES TRUST	—	905,461.0	$25.7M	5.75%	+39K	+4.5%	$28.39	-0.6%
6	AVUV	AMERICAN CENTY ETF TR	—	195,332.0	$24.4M	5.45%	+2K	+0.9%	$124.76	+0.5%
7	BNDX	VANGUARD CHARLOTTE FDS	—	496,358.0	$24.0M	5.38%	+20K	+4.3%	$48.43	-1.1%
8	AVDV	AMERICAN CENTY ETF TR	—	148,297.0	$15.3M	3.42%	+2K	+1.2%	$103.05	+9.3%
9	VNQ	VANGUARD INDEX FDS	—	120,870.0	$11.7M	2.61%	+4K	+3.0%	$96.43	+2.9%
10	MUNI	PIMCO ETF TR	—	187,771.0	$9.9M	2.21%	+22K	+13.1%	$52.60	-1.6%
11	MUB	ISHARES TR	—	31,197.0	$3.4M	0.75%	+1K	+4.4%	$107.62	-1.9%
12	DFSU	DIMENSIONAL ETF TRUST	—	55,686.0	$2.6M	0.58%	+2K	+3.2%	$46.63	+3.6%
13	SUSB	ISHARES TR	—	89,945.0	$2.2M	0.50%	+4K	+4.3%	$24.99	-0.4%
14	AVRE	AMERICAN CENTY ETF TR	—	29,006.0	$1.4M	0.31%	+194.0	+0.7%	$47.38	+2.5%
15	DFSB	DIMENSIONAL ETF TRUST	—	17,292.0	$901K	0.20%	+162.0	+0.9%	$52.11	-2.0%
16	DFSI	DIMENSIONAL ETF TRUST	—	19,656.0	$886K	0.20%	+525.0	+2.7%	$45.10	+5.9%
17	AMZN	AMAZON COM INC	Consumer Cyclical	2,558.0	$610K	0.14%	+408.0	+19.0%	$238.34	+9.5%
18	MKL	MARKEL GROUP INC	Financial Services	282.0	$551K	0.12%	+28.0	+11.0%	$1953.01	-7.4%
19	BOC	BOSTON OMAHA CORP	Communication Services	24,775.0	$338K	0.08%	+560.0	+2.3%	$13.64	+3.1%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Technology 36.9%

Financial Services 31.0%

Industrials 8.1%

Energy 5.3%

Consumer Defensive 4.6%

Communication Services 4.4%

Healthcare 3.2%

Consumer Cyclical 2.8%

Utilities 1.9%

Real Estate 1.7%