David Kennon Inc

CIK 0001954126 · Q1 2026

13F Equity AUM

$278.9M

-0.9% QoQ

Positions

+3 QoQ

AUM Rank

#6,133

Top 49%

Skill Alpha (FF)

-2.9%/yr^ns

No Clear Edge

Rank #6,161 · Top 75%

vs S&P -10.1%/yr (unadj.)

Quarters Tracked

~3 years

Portfolio Concentration

Top 5: 55.8%Top 10: 75.3%Top 20: 93.0%

VOO24.3%

VTI11.4%

ONEQ7.1%

VXUS6.4%

VUSB6.4%

DJD4.7%

VB4.5%

VO3.9%

FIDI3.4%

VPU3.1%

Others (31)24.7%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services98.8%

Other1.2%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 41Median: 1.03%Avg: 2.44%

0–0.5%

16(3.1%)

0.5–1%

4(2.9%)

1–3%

11(18.7%)

3–5%

5(19.5%)

5%+

5(55.8%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 40Unique: 1vs 20 funds

0.5%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

BANK OF AMERICA CORP /DE/

0.8%

0.7%

0.7%

0.9%

0.6%

0.4%

VANGUARD CAPITAL MANAGEMENT LLC

0.2%

VANGUARD PORTFOLIO MANAGEMENT LLC

0.2%

GEODE CAPITAL MANAGEMENT, LLC

0.1%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New4Increased14Decreased17Exited1

New Positions

VGSH2.5%

+119K

ICSH1.2%

+67K

IGSB1.2%

+64K

BIBL0.1%

+4K

Increased

VXUS6.4%

+22K(+11%)

DJD4.7%

+11K(+5%)

VPU3.1%

+6K(+15%)

MGC1.4%

+4K(+37%)

ONEQ7.1%

+4K(+2%)

VNQ2.7%

+2K(+2%)

ULST1.6%

+2K(+2%)

VOO24.3%

+2K(+1%)

GCOR1.4%

+887(+1%)

BKLC0.9%

+784(+4%)

Decreased

PFFD0.3%

-176,050(-80%)

USHY0.2%

-89,695(-83%)

SHYG0.2%

-76,616(-86%)

VWOB0.5%

-46,717(-70%)

VUSB6.4%

-32,090(-8%)

FIDI3.4%

-16,510(-5%)

VTI11.4%

-2,779(-3%)

VHT1.9%

-2,706(-12%)

XBIL0.1%

-2,512(-26%)

SPEM2.6%

-692(-0%)

Exited

VCSH

-2,785

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...