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Institutional Investment Manager
Zhang Financial LLC
Zhang Financial LLC (CIK: 0001776290) incorporated in Michigan, located at 5931 Oakland Dr., Portage, MI. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 67 holdings with a total value of $155,581,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 POLYMET MINING CORP 11,500 13,000 0.01%
2 ANNALY CAP MGMT INC 12,790 118,000 0.08%
3 BANK AMER CORP 10,851 187,000 0.12%
4 SPDR DOW JONES INDL AVRG ETF 1,154 203,000 0.13%
5 AMERICAN EXPRESS CO 2,940 228,000 0.15%
6 INTERNATIONAL BUSINESS MACHS 1,420 231,000 0.15%
7 ISHARES TR 1,897 245,000 0.16%
8 ISHARES TR 1,891 255,000 0.16%
9 FULL HOUSE RESORTS INC 160,000 267,000 0.17%
10 WELLS FARGO & CO NEW 4,978 280,000 0.18%
11 VANGUARD MALVERN FDS 5,776 281,000 0.18%
12 MONSANTO CO NEW 2,774 296,000 0.19%
13 UNITED PARCEL SERVICE INC 3,151 305,000 0.20%
14 GENERAL ELECTRIC CO 11,503 306,000 0.20%
15 SPDR GOLD TR 2,796 314,000 0.20%
16 PEPSICO INC 3,370 315,000 0.20%
17 CATERPILLAR INC 3,781 321,000 0.21%
18 ISHARES TR 2,733 322,000 0.21%
19 PRAXAIR INC 2,703 323,000 0.21%
20 CHEVRON CORP NEW 3,667 354,000 0.23%
21 MONDELEZ INTL INC 9,598 395,000 0.25%
22 JOHNSON & JOHNSON 4,166 406,000 0.26%
23 KRAFT HEINZ CO COM 5,527 471,000 0.30%
24 GENERAL MLS INC 8,543 476,000 0.31%
25 DOW CHEM CO 9,901 507,000 0.33%
26 VANGUARD STAR FDS 10,304 519,000 0.33%
27 ISHARES TR 7,527 555,000 0.36%
28 ISHARES TR 3,571 608,000 0.39%
29 VANGUARD BD INDEX FDS 7,742 629,000 0.40%
30 ISHARES S&P GSCI COMMODITY I 30,861 651,000 0.42%
31 CONOCOPHILLIPS 10,984 675,000 0.43%
32 ISHARES TR 3,269 677,000 0.44%
33 KIMBERLY CLARK CORP 6,532 692,000 0.44%
34 VANGUARD INDEX FDS 5,486 699,000 0.45%
35 IPATH S&P GSCI TOTAL RETURN INDEX ETN 34,425 711,000 0.46%
36 XENIA HOTELS & RESORTS INC COM 33,114 720,000 0.46%
37 EATON CORP PLC 10,922 737,000 0.47%
38 VANGUARD INTL EQUITY INDEX F 13,091 805,000 0.52%
39 ALTRIA GROUP INC 17,571 859,000 0.55%
40 APPLE INC 6,862 861,000 0.55%
41 STEELCASE INC 49,076 928,000 0.60%
42 VANGUARD INDEX FDS 12,728 951,000 0.61%
43 EXXON MOBIL CORP 11,695 973,000 0.63%
44 KELLOGG CO 15,912 998,000 0.64%
45 PHILIP MORRIS INTL INC 12,576 1,008,000 0.65%
46 PFIZER INC 35,466 1,189,000 0.76%
47 ISHARES TR 10,964 1,291,000 0.83%
48 ISHARES TR 20,643 1,311,000 0.84%
49 PROCTER AND GAMBLE CO 20,771 1,625,000 1.04%
50 BERKSHIRE HATHAWAY INC DEL 8 1,639,000 1.05%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001776290-19-000012, filed 2019.05.24).

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.