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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 (2016Q3)
Portfolio Summary: 19 holdings with a total value of $7,637,825,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 18,988,757 2,005,593,000 26.26%
2 VANGUARD INDEX FDS 11,364,127 1,276,078,000 16.71%
3 SPDR INDEX SHS FDS 24,003,578 820,440,000 10.74%
4 ISHARES TR 6,329,596 779,680,000 10.21%
5 VANGUARD INDEX FDS 8,646,428 749,991,000 9.82%
6 ISHARES TR 27,789,405 733,918,000 9.61%
7 ISHARES TR 4,061,294 628,323,000 8.23%
8 ISHARES TR 1,315,072 166,409,000 2.18%
9 ISHARES TR 798,601 106,214,000 1.39%
10 ISHARES RUSSELL 2000 GROWTH ETF 623,980 92,911,000 1.22%
11 ISHARES TR 1,489,176 88,055,000 1.15%
12 ISHARES TR 413,858 72,313,000 0.95%
13 VANGUARD INDEX FDS 561,532 62,515,000 0.82%
14 VANGUARD BD INDEX FDS 611,917 51,487,000 0.67%
15 ISHARES TR 21,723 2,449,000 0.03%
16 VANGUARD INDEX FDS 5,765 502,000 0.01%
17 POWERSHARES ETF TR II 39,993 445,000 0.01%
18 VANGUARD INDEX FDS 2,244 290,000 0.00%
19 ISHARES NORTH AMERICAN NATURAL RESOURCES ETF 6,154 212,000 0.00%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-004652, filed 2016.11.07).

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.