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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 (2017Q1)
Portfolio Summary: 18 holdings with a total value of $8,487,404,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 19,434,396 2,233,790,000 26.32%
2 VANGUARD INDEX FDS 12,037,115 1,464,435,000 17.25%
3 SPDR INDEX SHS FDS 26,197,058 873,279,000 10.29%
4 ISHARES TR 7,142,725 842,199,000 9.92%
5 ISHARES TR 28,062,394 833,453,000 9.82%
6 VANGUARD INDEX FDS 9,757,746 805,892,000 9.50%
7 ISHARES TR 4,088,693 700,066,000 8.25%
8 ISHARES TR 1,544,347 190,032,000 2.24%
9 ISHARES TR 813,121 120,708,000 1.42%
10 ISHARES TR 1,716,719 106,934,000 1.26%
11 ISHARES RUSSELL 2000 GROWTH ETF 639,756 103,423,000 1.22%
12 ISHARES TR 446,219 85,188,000 1.00%
13 VANGUARD INDEX FDS 570,348 69,195,000 0.82%
14 VANGUARD BD INDEX FDS 674,568 54,694,000 0.64%
15 ISHARES TR 24,553 2,675,000 0.03%
16 POWERSHARES ETF TR II 51,379 574,000 0.01%
17 VANGUARD INDEX FDS 5,740 547,000 0.01%
18 VANGUARD INDEX FDS 2,295 320,000 0.00%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-17-001173, filed 2017.05.10).

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.