Kensington Asset Management, LLC Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$1.9T

Holdings

41

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (41 positions)

#StockSharesValue% PortfolioType
1
VOOVANGUARD INDEX FDS
690,058$435.9B22.53%
2
NDQINVESCO QQQ TR
375,243$232.4B12.01%
3
USHYISHARES TR
3,828,128$143.3B7.40%
4
MGKVANGUARD WORLD FD
261,800$108.9B5.63%
5
VUGVANGUARD INDEX FDS
220,810$108.6B5.61%
6
IWFISHARES TR
224,830$107.2B5.54%
7
PULSPGIM ETF TR
1,588,148$78.7B4.07%
8
SPHYSPDR SERIES TRUST
3,261,605$77.3B3.99%
9
VNLAJANUS DETROIT STR TR
1,502,049$73.8B3.81%
10
FLTRVANECK ETF TRUST
2,589,451$65.9B3.41%
11
JPSTJ P MORGAN EXCHANGE TRADED F
1,161,999$59.0B3.05%
12
FLOTISHARES TR
1,089,966$55.4B2.86%
13
VUSBVANGUARD BD INDEX FDS
1,105,568$55.1B2.85%
14
HYLBDBX ETF TR
1,322,962$48.8B2.52%
15
ANGLVANECK ETF TRUST
1,394,430$41.0B2.12%
16
PYLDPIMCO ETF TR
1,475,964$39.6B2.05%
17
GSSTGOLDMAN SACHS ETF TR
708,974$35.9B1.86%
18
YEARAB ACTIVE ETFS INC
515,597$26.1B1.35%
19
JSIJANUS DETROIT STR TR
355,124$18.5B0.96%
20
SPSMSPDR SERIES TRUST
245,342$11.6B0.60%
21
SGOLETFS GOLD TR
278,002$11.5B0.59%
22
SPEMSPDR INDEX SHS FDS
237,569$11.1B0.57%
23
FLJPFRANKLIN TEMPLETON ETF TR
313,581$10.8B0.56%
24
VCSHVANGUARD SCOTTSDALE FDS
104,498$8.3B0.43%
25
JAAAJANUS DETROIT STR TR
161,644$8.2B0.42%
26
BKUIBNY MELLON ETF TRUST
138,713$6.9B0.36%
27
VTIVANGUARD INDEX FDS
20,285$6.9B0.35%
28
USIGISHARES TR
129,603$6.7B0.35%
29
VGSHVANGUARD SCOTTSDALE FDS
87,874$5.2B0.27%
30
CDXSIMPLIFY EXCHANGE TRADED FUN
218,669$4.9B0.25%
31
CGUICAPITAL GRP FIXED INCM ETF T
184,915$4.7B0.24%
32
JHHYJOHN HANCOCK EXCHANGE TRADED
175,076$4.5B0.23%
33
XCCCBONDBLOXX ETF TRUST
107,289$4.1B0.21%
34
IGIBISHARES TR
52,464$2.8B0.15%
35
HDVISHARES TR
22,450$2.7B0.14%
36
BKGIBNY MELLON ETF TRUST
64,716$2.6B0.14%
37
NUSBNUSHARES ETF TR
100,700$2.5B0.13%
38
SPYVSPDR SERIES TRUST
41,880$2.4B0.12%
39
EMHYISHARES INC
53,432$2.2B0.11%
40
EMBISHARES TR
16,462$1.6B0.08%
41
NSCINUSHARES ETF TR
50,000$1.3B0.06%