PHILLIPS FINANCIAL MANAGEMENT, LLC Q4 2020 Filing

Filed February 16, 2021

Portfolio Value

$732.3B

Holdings

Report Date

Q4 2020

Filing Type

13F-HR

All Holdings (86 positions)

#	Stock	Shares	Value	% Portfolio
1	IVVISHARES S&P 500 INDEX	181,904	$68.3B	9.33%
2	IJHISHARES CORE S&P MID CAP ETF	236,735	$54.4B	7.43%
3	AGGISHARES AGGREGATE BOND ETF	429,798	$50.8B	6.94%
4	IXUSISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF	627,088	$42.1B	5.75%
5	IVEISHARES S&P 500 VALUE ETF	324,778	$41.6B	5.68%
6	VXUSVANGUARD TOTAL INTERNATIONAL STOCK ETF	528,598	$31.8B	4.34%
7	LRGFISHARES EDGE MSCI MULTIFACTOR USA ETF	728,805	$27.5B	3.75%
8	BNDXVANGUARD TOTAL INTERNATIONAL BOND ETF	438,130	$25.7B	3.50%
9	VOVANGUARD MID-CAP INDEX FUND	110,865	$22.9B	3.13%
10	BNDVANGUARD TOTAL BOND MARKET INDEX FUND	255,924	$22.6B	3.08%
11	IAGGISHARES CORE INTERNATIONAL AGGREGATE BOND FUND	373,403	$21.0B	2.87%
12	VNQVANGUARD REIT ETF	227,255	$19.3B	2.64%
13	IJSISHARES S&P SMALL-CAP 600 VALUE ETF	224,284	$18.2B	2.49%
14	VCITVANGUARD INTERMEDIATE TERM CORP BOND FD ETF	159,339	$15.5B	2.11%
15	VOOVANGUARD S&P 500 ETF	42,436	$14.6B	1.99%
16	VOOVVANGUARD S&P 500 VALUE ETF	114,900	$14.2B	1.94%
17	IJRISHARES S&P SMALL-CAP FUND	138,561	$12.7B	1.74%
18	INTFISHARES EDGE MSCI MULTIFACTOR INTL ETF	435,965	$11.8B	1.62%
19	ISTBISHARES TRUST CORE SHORT-TERM US BD ETF	224,436	$11.6B	1.58%
20	VEUVANGUARD FTSE ALL-WORLD EX US INDEX FUND	182,184	$10.6B	1.45%
21	VBRVANGUARD SMALL-CAP VALUE INDEX FUND	74,133	$10.5B	1.44%
22	TIPISHARES TIPS BOND ETF	80,487	$10.3B	1.40%
23	BIVVANGUARD INTERMEDIATE-TERM BOND INDEX FUND	99,806	$9.3B	1.27%
24	MGCVANGUARD MEGA CAP ETF	57,217	$7.6B	1.04%
25	EFAISHARES MSCI EAFE ETF	100,538	$7.3B	1.00%
26	MGVVANGUARD MEGA CAP VALUE ETF	69,177	$6.0B	0.82%
27	VTEBVANGUARD TAX-EXEMPT BOND ETF	105,863	$5.8B	0.80%
28	SMLFISHARES EDGE MSCI MULTIFACTOR USA SMALL-CAP ETF	127,193	$5.8B	0.79%
29	VCSHVANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	68,457	$5.7B	0.78%
30	AQLTISHARES CORE MSCI EAFE	81,983	$5.7B	0.77%
31	USRTISHARES CORE U.S. REIT ETF	111,106	$5.4B	0.73%
32	JNKSPDR HIGH YIELD BOND ETF	49,054	$5.3B	0.73%
33	VTIPVANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	101,795	$5.2B	0.71%
34	MUBISHARES AMT-FREE MUNI BOND ETF	41,506	$4.9B	0.66%
35	VTVVANGUARD VALUE INDEX FUND	40,881	$4.9B	0.66%
36	ICSHBLACKROCK ULTRA SHORT-TERM BOND ETF	94,373	$4.8B	0.65%
37	VVVANGUARD LARGE-CAP INDEX FUND	24,276	$4.3B	0.58%
38	USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	103,221	$4.3B	0.58%
39	EMGFISHARES EDGE MSCI MULTIFACTOR EMERGING MARKETS ETF	84,891	$4.2B	0.57%
40	IJJISHARES S&P MIDCAP 400 VALUE ETF	42,897	$3.7B	0.51%
41	IVOOVANGUARD S&P MID-CAP 400 ETF	22,845	$3.6B	0.49%
42	IUSBISHARES CORE TOTAL USD BOND MARKET ETF	64,157	$3.5B	0.48%
43	BSVVANGUARD SHORT TERM BOND	40,398	$3.3B	0.46%
44	VBVANGUARD SMALL CAP ETF	17,052	$3.3B	0.45%
45	RWRSPDR DJ WILSHIRE REIT (ETF)	37,633	$3.3B	0.45%
46	IWRISHARES RUSSELL MID-CAP ETF	45,960	$3.2B	0.43%
47	IWBISHARES RUSSELL 1000 ETF	13,017	$2.8B	0.38%
48	ITOTISHARES TR S&P 1500 INDEX FD	29,694	$2.6B	0.35%
49	VTIVANGUARD TOTAL STOCK MARKET INDEX FUND	13,061	$2.5B	0.35%
50	SPIPSPDR BARCLAYS CAP TIPS CAPITAL TIPS ETF	77,079	$2.4B	0.33%
51	SUBISHARES TRS&P SHORT TERM NATL MUNICIPAL BD FD	21,400	$2.3B	0.32%
52	VOEVANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHS ETF	17,598	$2.1B	0.29%
53	SCHXSCHWAB STRATEGIC TR US LRG CAP ETF	22,871	$2.1B	0.28%
54	VWOVANGUARD FTSE EMERGING MARKETS ETF	40,619	$2.0B	0.28%
55	VXFVANGUARD EXTENDED MARKET ETF	11,868	$2.0B	0.27%
56	SCHZSCHWAB US AGGREGATE BOND ETF	34,111	$1.9B	0.26%
57	SYSBISHARES U.S. FIXED INCOME BALANCED RISK FACTOR ETF	17,497	$1.8B	0.25%
58	VIOOVANGUARD S&P ETF SMALL CAP 600	10,471	$1.8B	0.24%
59	IWDISHARES RUSSELL 1000 VALUE ETF	12,816	$1.8B	0.24%
60	JPMJP MORGAN CHASE & CO	13,319	$1.7B	0.23%
61	—ISHARES IBONDS DEC 2021 TERM MUNI BOND ETF	61,124	$1.6B	0.22%
62	STIPISHARES 0-5 YEAR TIPS BOND ETF	14,073	$1.5B	0.20%
63	VEAVANGUARD FTSE DEVELOPED MARKETS ETF	30,551	$1.4B	0.20%
64	IGIBISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF	22,997	$1.4B	0.19%
65	GNRSPDR S&P GLOBAL NATURAL RESOURCES ETF	31,374	$1.4B	0.19%
66	IVWISHARES S&P 500 GROWTH ETF	21,740	$1.4B	0.19%
67	—ISHARES IBONDS DEC 2022 TERM MUNI BOND ETF	49,884	$1.3B	0.18%
68	SCHASCHWAB ETFS- US SMALL-CAP ETF	14,251	$1.3B	0.17%
69	—RAVEN INDS INC COM	36,324	$1.2B	0.16%
70	LNCLINCOLN NATIONAL CORP IND	22,578	$1.1B	0.16%
71	IUSVISHARES CORE S&P U.S. VALUE ETF	18,160	$1.1B	0.15%
72	IEMGISHARES CORE MSCI EMERGING MKTS	16,757	$1.0B	0.14%
73	ATECALPHATEC HOLDINGS INC COM NEW	67,757	$984.0M	0.13%
74	AQLTISHARES IBONDS DEC 2024 TERM MUNI BOND ETF	36,245	$982.0M	0.13%
75	SPDWSPDR S&P WORLD EX-US ETF	28,139	$950.0M	0.13%
76	AQLTISHARES IBONDS DEC 2023 TERM MUNI BOND ETF	32,453	$850.0M	0.12%
77	IAUUSDISHARES GOLD TRUST ETF	41,088	$745.0M	0.10%
78	IGSBISHARES 1-3 YR CREDIT BOND ETF	11,713	$646.0M	0.09%
79	SPIBSPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	16,726	$622.0M	0.08%
80	VNQIVANGUARD GLOBAL EX-U.S. REAL ESTATE ETF	10,408	$565.0M	0.08%
81	SPYVSPDR PORTFOLIO S&P 500 VALUE ETF	14,981	$515.0M	0.07%
82	SPSBSPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	13,182	$414.0M	0.06%
83	IGEISHARES NORTH AMERICAN NATURAL RESOURCES	17,397	$405.0M	0.06%
84	ON1OLD NATL BANCORP IND COM	23,460	$388.0M	0.05%
85	IAUISHARES IBONDS DEC 2025 TERM MUNI BOND ETF	10,989	$310.0M	0.04%
86	WMBWILLIAMS COS INC COM	10,356	$208.0M	0.03%