ASSETMARK INC's Q3 2025 13F is in

Form 13F-HR for the quarter ended Sep 30, 2025 · filed Nov 6, 2025 · 3179 reported positions · accession 0001344551-25-000014

View the filing on SEC.gov
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Increased PROSHARES TR (SSO) 0.0% 1.6% +1.6 pts +6.63M sh +110081%
Reduced ISHARES TR (IVV) 1.3% 0.2% −1.1 pts −746K sh −82%
Reduced ISHARES TR (SHY) 1.4% 0.4% −1.0 pts −5.09M sh −72%
Increased VANGUARD WORLD FD (MGK) 6.9% 7.3% +0.5 pts +559K sh +7%
Increased SPDR SER TR (SPTM) 0.0% 0.4% +0.4 pts +2.55M sh +12455%
Reduced SPDR SER TR (BIL) 0.7% 0.2% −0.4 pts −1.79M sh −59%
Increased ISHARES TR (TLT) 0.0% 0.3% +0.3 pts +1.41M sh +652%
Increased EXELIXIS INC (EXEL) 0.0% 0.3% +0.3 pts +2.96M sh +1231%
Increased ISHARES TR (USIG) 0.9% 1.1% +0.2 pts +2.25M sh +31%
Increased ISHARES TR (EMB) 0.1% 0.3% +0.2 pts +1.16M sh +241%
Increased ISHARES TR (HYG) 1.1% 1.3% +0.1 pts +1.29M sh +21%
Increased SYNCHRONY FINANCIAL (SYF) 0.5% 0.7% +0.2 pts +1.42M sh +48%
Reduced ISHARES TR (MTUM) 1.1% 0.8% −0.2 pts −391K sh −21%
Increased FOX CORP (FOXA) 0.4% 0.7% +0.2 pts +1.58M sh +48%
Increased SPDR SER TR (CWB) 0.0% 0.2% +0.2 pts +1.08M sh +40497%
Reduced ISHARES TR (LQD) 0.5% 0.3% −0.2 pts −867K sh −42%
Increased ROYAL CARIBBEAN GROUP (RCL) 0.1% 0.3% +0.2 pts +291K sh +235%
Reduced VANGUARD INDEX FDS (VOT) 1.7% 1.4% −0.3 pts −301K sh −12%
Reduced AFLAC INC (AFL) 0.4% 0.2% −0.2 pts −792K sh −48%
Reduced INVESCO EXCHANGE TRADED FD T (SPHQ) 0.2% 0.0% −0.2 pts −1.14M sh −99%
Reduced SPDR SER TR (BWZ) 0.2% 0.0% −0.2 pts −3.01M sh −100%
Reduced ISHARES TR (MBB) 0.2% 0.0% −0.2 pts −853K sh −82%
Increased SELECT SECTOR SPDR TR (XLI) 0.0% 0.2% +0.2 pts +504K sh +631%
Reduced FEDEX CORP (FDX) 0.2% 0.0% −0.2 pts −279K sh −94%
Increased PIMCO ETF TR (MINT) 1.8% 1.8% 0.0 pts +614K sh +8%
Reduced REGENERON PHARMACEUTICALS (REGN) 0.2% 0.0% −0.1 pts −107K sh −84%
Increased VANGUARD INDEX FDS (VOO) 4.4% 4.4% 0.0 pts +97,565 sh +3%
Increased ALPHABET INC (GOOGL) 1.0% 1.4% +0.4 pts +243K sh +10%
Reduced STEEL DYNAMICS INC (STLD) 0.1% 0.0% −0.1 pts −380K sh −97%
Increased NEWMONT CORP (NEM) 0.0% 0.1% +0.1 pts +568K sh +7419%
Increased ISHARES TR (ACWI) 0.1% 0.2% +0.1 pts +333K sh +73%
Increased MGIC INVT CORP WIS (MTG) 0.0% 0.1% +0.1 pts +1.55M sh +1208%
Increased VANGUARD INTL EQUITY INDEX F (VNQI) 0.1% 0.2% +0.1 pts +894K sh +93%
Reduced SPDR SER TR (SPAB) 0.1% 0.0% −0.1 pts −1.62M sh −68%
Increased ISHARES TR (GOVT) 1.2% 1.2% 0.0 pts +1.77M sh +8%
Increased SPDR SER TR (JNK) 1.2% 1.2% 0.0 pts +414K sh +8%
Increased ISHARES TR (IEFA) 1.5% 1.5% 0.0 pts +458K sh +6%
Increased ISHARES TR (IEI) 0.7% 0.7% 0.0 pts +316K sh +12%
Increased MICROSOFT CORP (MSFT) 2.1% 2.1% 0.0 pts +70,960 sh +4%
Reduced SCHWAB STRATEGIC TR (SCHR) 0.1% 0.0% −0.1 pts −1.46M sh −91%
New J P MORGAN EXCHANGE TRADED F FLEXIBLE DEBT ET (JFLX) — 0.1% +0.1 pts +688K sh new
Reduced SPDR SER TR (SDY) 0.1% 0.0% −0.1 pts −234K sh −99%
Reduced BROADCOM INC (AVGO) 1.1% 1.1% 0.0 pts −96,876 sh −6%
Increased SPDR S&P 500 ETF TR (SPY) 0.0% 0.1% +0.1 pts +47,910 sh +649%
Increased SPDR INDEX SHS FDS (NANR) 0.0% 0.1% +0.1 pts +475K sh +20481%
Increased ALPS ETF TR (AMLP) 0.0% 0.1% +0.1 pts +653K sh +1025%
Reduced UNITED THERAPEUTICS CORP DEL (UTHR) 0.5% 0.6% +0.1 pts −69,926 sh −10%
Increased SPDR SER TR (SPYM) 0.5% 0.5% +0.1 pts +368K sh +13%
Reduced BUILDERS FIRSTSOURCE INC (BLDR) 0.2% 0.2% −0.1 pts −236K sh −26%
Increased CAPITAL GROUP GLOBAL EQUITY (CGGE) 0.0% 0.1% +0.1 pts +929K sh +2176%

The 50 largest of 2,737 changes, by size of the trade. Full holdings for this quarter.

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • UNITI GROUP LLC COM SHS (UNIT): 91325V108 → 912932100, 17 → 9 shares (share count changed with the identifier; not shown as a trade)
  • LULUS FASHION LOUNGE HOLDING COM NEW (LVLU): 55003A108 → 55003A207, 4,753 → 161 shares (share count changed with the identifier; not shown as a trade)
  • JAMES HARDIE INDS PLC ORD SHS (JHX): 47030M106 → G4253H101, 82 → 41 shares (share count changed with the identifier; not shown as a trade)
  • SOUTHSTATE BK CORP COM (SSB): 840441109 → 84472E102, 57 → 116 shares (share count changed with the identifier; not shown as a trade)
  • VIPER ENERGY INC CL A (VNOM): 927959106 → 64361Q101, 1,068 → 1,086 shares (share count changed with the identifier; not shown as a trade)
  • GLOBAL X FDS RENEWABLE ENERGY (RNRG): 37954Y707 → 37960A180, 5,128 → 1,709 shares (share count change consistent with a stock split)

Top 10 positions — 29.0% of the equity book

Changes in the top 10 this quarter: SSO entered · AAPL entered · VOT left · IEFA left

# Security Weight before Weight now
1 VANGUARD WORLD FD (MGK) 6.9% 7.3%
2 VANGUARD WORLD FD (MGV) 4.7% 4.5%
3 VANGUARD INDEX FDS (VOO) 4.4% 4.4%
4 NVIDIA CORPORATION (NVDA) 2.1% 2.3%
5 MICROSOFT CORP (MSFT) 2.1% 2.1%
6 VANGUARD INDEX FDS (VBR) 2.0% 1.9%
7 PIMCO ETF TR (MINT) 1.8% 1.8%
8 VANGUARD INDEX FDS (VOE) 1.7% 1.7%
9 PROSHARES TR (SSO) 0.0% 1.6% Entered the top 10
10 APPLE INC (AAPL) 1.4% 1.5% Entered the top 10
— VANGUARD INDEX FDS (VOT) 1.7% 1.4% Left the top 10
— ISHARES TR (IEFA) 1.5% 1.5% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).