URS Advisory LLC, managed by Erik Lembcke, filed a Form 13F-HR on November 10, 2026, disclosing the firm's equity holdings as of the close of business on September 30, 2026. The filing reports that the firm held positions in 59 different equity securities.

The portfolio is heavily weighted toward exchange-traded funds (ETFs), with a significant portion of the assets managed through Vanguard and iShares products. The largest holding by number of shares is the Vanguard Total Stock Market ETF, with 23,488,435 shares. This is followed closely by the VanEck Semiconductor ETF, which holds 17,443,907 shares.

Other notable ETF positions include the Victory Portfolios II Shares for California and Florida ETF, with 8,920,468 shares, and the SPDR Series Trust S&P 500 ETF Trust, with 4,754,221 shares. The firm also holds substantial positions in the Invesco Exchange Traded Fund Trust II S&P 500 Momentum ETF (1,557,089 shares) and the Invesco Exchange Traded Fund Trust II NASDAQ 100 ETF (16,700,464 shares).

Among individual equities, NextEra Energy Inc. is the largest holding with 764,532 shares. Other individual stock positions include Microsoft Corp. with 516,114 shares and RTX Corporation with 474,585 shares.