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Institutional Investment Manager
Edelman Financial Services, LLC
Edelman Financial Services, LLC (CIK: 0001386088) incorporated in Delaware, located at 4000 Legato Road, Fairfax, VA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 19 holdings with a total value of $6,920,810,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 18,303,455 1,808,564,000 26.13%
2 VANGUARD INDEX FDS 10,905,658 1,160,907,000 16.77%
3 SPDR INDEX SHS FDS 25,144,252 732,704,000 10.59%
4 ISHARES TR 6,081,836 722,644,000 10.44%
5 VANGUARD INDEX FDS 8,507,459 712,925,000 10.30%
6 ISHARES TR 26,600,816 642,676,000 9.29%
7 ISHARES TR 3,941,097 568,267,000 8.21%
8 ISHARES TR 1,206,465 151,954,000 2.20%
9 ISHARES TR 754,944 93,643,000 1.35%
10 ISHARES RUSSELL 2000 GROWTH ETF 601,499 79,765,000 1.15%
11 ISHARES TR 1,350,968 77,221,000 1.12%
12 ISHARES TR 388,554 63,183,000 0.91%
13 VANGUARD INDEX FDS 519,079 54,410,000 0.79%
14 VANGUARD BD INDEX FDS 583,181 48,290,000 0.70%
15 ISHARES TR 18,625 2,079,000 0.03%
16 ISHARES NORTH AMERICAN NATURAL RESOURCES ETF 17,055 507,000 0.01%
17 VANGUARD INDEX FDS 5,105 421,000 0.01%
18 POWERSHARES ETF TR II 38,304 415,000 0.01%
19 VANGUARD INDEX FDS 1,941 235,000 0.00%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-003657, filed 2016.05.11).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.