Zhang Financial LLC

RIA/Wealth

Zhang Financial LLC is a RIA/Wealth based in Portage, MI led by Lynn Ling Chen-Zhang, reporting $6.5B in AUM as of Q3 2025 with 81% ETF concentration and 50% concentrated in top 10 holdings.

CEOLynn Ling Chen-Zhang

Portfolio Value: $2.5B
Positions: 315
Top Holding: VOO at 7.54%
Last Reported: Q3 2025

Address5931 Oakland Dr., Portage, MI, 49024, United States

Top Holdings

Largest long holdings in Zhang Financial LLC's portfolio (50.4% of total portfolio)

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GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Vanguard S&P 500 ETF VOO	ETF ETF	$185.6M	7.54%	+$5.8M Bought	— 303.2K shares	Q3 2015 Held for 10y 2m
2 Vanguard Total Stock Market VTI	ETF ETF	$180.5M	7.33%	+$1.3M Bought	— 550.0K shares	Q1 2012 Held for 13y 8m
3 Dimensional U.S. Equity DFUS	ETF ETF	$174.1M	7.07%	+$475.6K Bought	— 2.4M shares	Q3 2022 Held for 3y 2m
4 iShares Core S&P Total U.S. Stock Market ITOT	ETF ETF	$141.3M	5.74%	+$13.3M Bought	— 969.9K shares	Q4 2016 Held for 8y 11m
5 Vanguard Total International Stock VXUS	ETF ETF	$127.9M	5.20%	+$13.1M Bought	— 1.7M shares	Q4 2014 Held for 10y 11m
6 Dimensional U.S. Core Equity 2 DFAC	ETF ETF	$126.9M	5.16%	+$3.2M Bought	— 3.3M shares	Q2 2021 Held for 4y 5m
7 Vanguard Total World Stock VT	ETF ETF	$98.2M	3.99%	+$2.5M Bought	— 712.6K shares	Q1 2014 Held for 11y 8m
8 Vanguard Intermediate-Term Bond BIV	ETF ETF	$88.7M	3.61%	+$25.9M Bought	— 1.1M shares	Q1 2022 Held for 3y 8m
9 Dimensional International Core Equity Market DFAI	ETF ETF	$64.9M	2.64%	+$1.8M Bought	— 1.8M shares	Q1 2022 Held for 3y 8m
10 Apple AAPL	Consumer Electronics Technology	$52.2M	2.12%	+$718.6K Bought	0.00% 205.0K shares	Q3 2012 Held for 13y 2m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Zhang Financial LLC's latest filing

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Market Value

$2.5B

Prior: $2.2B

Q/Q Change

+13.57%

+$294.0M

Net Flows % of MV

+5.28%

Turnover Ratio

3.4%

New Purchases

17 stocks

$6.2M

Added To

153 stocks

+$136.9M

Sold Out Of

11 stocks

$3.9M

Reduced Holdings

83 stocks

-$9.2M

Increased Positions

Position	Shares Δ	Change
1 Imax IMAX	New	0 → 27.6K +$903.2K
2 JPMorgan Municipal JMUB	New	0 → 16.2K +$816.0K
3 Palantir Technologies Inc. PLTR	New	0 → 3.8K +$697.2K
4 iShares Core MSCI EAFE ETF IEFA	New	0 → 5.3K +$466.8K
5 DCOR Dimensional US Core Equity 1 DCOR	New	0 → 5.5K +$392.2K

Decreased Positions

Position	Shares Δ	Change
1 Northpointe Bancshares, Inc. NPB	Sold	100.9K → 0 −$1.4M
2 The Trade Desk TTD	Sold	5.2K → 0 −$370.7K
3 Vertex Pharmaceuticals VRTX	Sold	792.0 → 0 −$352.8K
4 Comcast CMCSA	Sold	8.9K → 0 −$317.3K
5 T-Mobile US TMUS	Sold	1.1K → 0 −$264.5K