CARL STUART INVESTMENT ADVISOR, INC

RIA/Wealth

CARL STUART INVESTMENT ADVISOR, INC is a RIA/Wealth based in Austin, TX led by Lisa L Bocanegra, reporting $515.2M in AUM as of Q3 2025 with 49% ETF concentration, 98% concentrated in top 10 holdings, and 40% allocation to IAU.

PresidentLisa L Bocanegra

Portfolio Value: $106.4M
Positions: 17
Top Holding: IAU at 39.92%
Last Reported: Q3 2025

Address623 W 38th Street, Suite 110, Austin, TX, 78705-1212, United States

Top Holdings

Largest long holdings in CARL STUART INVESTMENT ADVISOR, INC's portfolio (98.2% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 IAU iShares Gold Trust IAU	Unknown Unknown	$42.5M	39.92%	-$494.1K Sold	— 583.9K shares	Q4 2022 Held for 2y 11m
2 Vanguard Total International Stock VXUS	ETF ETF	$26.0M	24.43%	+$934.3K Bought	— 353.9K shares	Q4 2021 Held for 3y 11m
3 Vanguard S&P 500 ETF VOO	ETF ETF	$25.3M	23.80%	-$60.6K Sold	— 41.4K shares	Q4 2021 Held for 3y 11m
4 Raymond James Financial RJF	Financial - Capital Markets Financial Services	$4.9M	4.62%	—	0.01% 28.5K shares	Q1 2024 Held for 1y 8m
5 Vanguard Mid-Cap Growth VOT	Unknown Unknown	$2.2M	2.08%	-$337.8K Sold	— 7.5K shares	Q4 2022 Held for 2y 11m
6 Exxon Mobil XOM	Oil & Gas Integrated Energy	$1.4M	1.27%	-$22.0K Sold	0.00% 12.0K shares	Q4 2021 Held for 3y 11m
7 Microsoft MSFT	Software - Infrastructure Technology	$827.1K	0.78%	—	0.00% 1.6K shares	Q4 2021 Held for 3y 11m
8 IAUM iShares Gold Trust Micro IAUM	Unknown Unknown	$556.2K	0.52%	+$246.3K Bought	— 14.4K shares	Q2 2025 Held for 5 months
9 GLD SPDR Gold Trust GLD	Unknown Unknown	$443.6K	0.42%	—	— 1.2K shares	Q4 2022 Held for 2y 11m
10 Automatic Data Processing, Inc. ADP	Staffing & Employment Services Industrials	$430.9K	0.40%	—	0.00% 1.5K shares	Q4 2021 Held for 3y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in CARL STUART INVESTMENT ADVISOR, INC's latest filing

See all changes

GthenC

Market Value

$106.4M

Prior: $195.4M

Q/Q Change

-45.53%

-$89.0M

Net Flows % of MV

-93.38%

Turnover Ratio

48.03%

New Purchases

1 stocks

$240.6K

Added To

4 stocks

+$1.2M

Sold Out Of

2 stocks

$99.9M

Reduced Holdings

5 stocks

-$930.3K

Increased Positions

Position	Shares Δ	Change
1 Tesla, Inc. TSLA	New	0 → 541.0 +$240.6K
2 IAUM iShares Gold Trust Micro IAUM	+79.48%	8.0K → 14.4K +$246.3K
3 Vanguard Total International Stock VXUS	+3.73%	341.2K → 353.9K +$934.3K
4 Vanguard FTSE All-World Ex-US ETF VEU	+0.5%	5.8K → 5.9K +$2.1K
5 Meta Platforms, Inc. META	+0.37%	273.0 → 274.0 +$733.4

Decreased Positions

Position	Shares Δ	Change
1 Vanguard Total Stock Market VTI	Sold	327.9K → 0 −$99.7M
2 Targa Resources TRGP	Sold	1.3K → 0 −$234.1K
3 Vanguard Mid-Cap Growth VOT	-13.23%	8.7K → 7.5K −$337.8K
4 Apple AAPL	-5.79%	1.1K → 1.0K −$15.8K
5 Exxon Mobil XOM	-1.6%	12.2K → 12.0K −$22.0K