AAF Wealth Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 19, 2025), AAF Wealth Management, LLC reported 43 stock positions worth $177.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 20.3% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 12.6%) and Vanguard Mrngstr Val ETF-Aui (VTV, 10.9%). Compared with Q4 2023, it opened 4 new positions, sold out of 7, added to 14 and reduced 17. The biggest buy was a new position in Wisdomtree Japan Hedged Eq (DXJ) and the biggest sale iShares Core MSCI Dev MKTS (IDEV, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $177.8M (Q1 2024)
- SEC Filing
- 0001085146-25-003379 ↗ filed May 19, 2025
Holdings Value
Holdings 43 stocks · $177.8M
| IVV iShares Core S&P 500 ETF | 20.34% | 68,788 | $36.2M | Add +1.5% |
| IDEV iShares Core MSCI Dev MKTS | 12.65% | 334,876 | $22.5M | Reduce -17.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 10.85% | 118,451 | $19.3M | Add +2.5% |
| QQQM Invesco Nasdaq 100 ETF | 9.73% | 94,718 | $17.3M | Add +2.9% |
| IJH iShares Core S&P Midcap ETF | 9.15% | 267,858 | $16.3M | Add +1.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 6.45% | 166,751 | $11.5M | Add +7.4% |
| XLV SS Health Care Select Sector | 5.04% | 60,662 | $9.0M | Add +3.5% |
| IJR iShares Core S&P Small-Cap E | 4.07% | 65,414 | $7.2M | Add +3.8% |
| DXJ Wisdomtree Japan Hedged Eq | 3.19% | 52,323 | $5.7M | New |
| IEFA iShares Core MSCI Eafe ETF | 2.81% | 67,375 | $5.0M | Reduce -8.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.69% | 19,109 | $4.8M | Reduce -33.4% |
| AAPL Apple Inc. | 2.04% | 21,197 | $3.6M | Add +9.3% |
| FELC Fidelity Enh LRG Cap Cor ETF | 1.29% | 77,988 | $2.3M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.13% | 13,142 | $2.0M | No change |
| PID Invesco International Divide | 1.04% | 99,538 | $1.8M | Reduce -5.3% |
| META Meta Platforms Inc. Class A | 0.64% | 2,340 | $1.1M | No change |
| IWF iShares Russell 1000 Growth | 0.57% | 3,027 | $1.0M | Add +0.1% |
| VGLT Vanguard Long-Term Treasury | 0.47% | 13,975 | $828K | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.41% | 8,572 | $721K | Reduce -0.9% |
| IWM iShares Russell 2000 ETF | 0.37% | 3,143 | $661K | Reduce -6.5% |
| MSFT Microsoft Corp. | 0.37% | 1,553 | $653K | Reduce -32.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.36% | 1,866 | $642K | Reduce -2.8% |
| IXUS iShares Core Intl Stock ETF | 0.36% | 9,396 | $638K | Reduce -10.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.36% | 1 | $634K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 1,370 | $576K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 1,072 | $561K | Reduce -1.8% |
| AMZN Amazon.com Inc. | 0.30% | 2,964 | $535K | No change |
| IWD iShares Russell 1000 Value E | 0.28% | 2,788 | $499K | Add +0.2% |
| EEM iShares MSCI Emerging Market | 0.27% | 11,689 | $480K | Reduce -77.3% |
| GOOGL Alphabet Inc. Class A | 0.26% | 3,073 | $464K | Add +97.0% |
| IWB iShares Russell 1000 ETF | 0.24% | 1,464 | $422K | Add +0.2% |
| CVX Chevron Corp. | 0.20% | 2,302 | $363K | Reduce -8.9% |
| JNJ Johnson & Johnson | 0.20% | 2,214 | $350K | No change |
| FELV Fidelity Enh LRG Cap Val ETF | 0.16% | 9,714 | $284K | Add +1.0% |
| RTX RTX Corp. | 0.16% | 2,866 | $280K | Reduce -15.9% |
| LLY Eli Lilly & Co. | 0.15% | 347 | $270K | No change |
| HON Honeywell International Inc. | 0.13% | 1,144 | $235K | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 0.13% | 1,138 | $228K | Reduce -13.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.12% | 853 | $205K | New |
| VZ Verizon Communications Inc. | 0.11% | 4,852 | $204K | Reduce -19.4% |
| PG The Procter & Gamble Co. | 0.11% | 1,245 | $202K | New |
| CSCO Cisco Systems Inc. | 0.11% | 4,034 | $201K | New |
| ACRV Acrivon Therapeutics Inc. | 0.04% | 10,678 | $76K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| IDEV iShares Core MSCI Dev MKTS | Reduce -17.1% | 12.65% | −2.73 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -33.4% | 2.69% | −1.31 |
| EEM iShares MSCI Emerging Market | Reduce -77.3% | 0.27% | −0.97 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.1% | 2.81% | −0.27 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.18 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.17 |
| MSFT Microsoft Corp. | Reduce -32.7% | 0.37% | −0.15 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.13 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.13 |
| PPL PPL Corp. | Sold out | 0.00% | −0.13 |
| PID Invesco International Divide | Reduce -5.3% | 1.04% | −0.12 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.12 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.12 |
| IXUS iShares Core Intl Stock ETF | Reduce -10.1% | 0.36% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -6.5% | 0.37% | −0.03 |
| CVX Chevron Corp. | Reduce -8.9% | 0.20% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -19.4% | 0.11% | −0.02 |
| RTX RTX Corp. | Reduce -15.9% | 0.16% | −0.01 |
| HON Honeywell International Inc. | Reduce -1.0% | 0.13% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -13.1% | 0.13% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.9% | 0.41% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.8% | 0.36% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 0.32% | +0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -0.3% | 1.29% | +0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| DXJ Wisdomtree Japan Hedged Eq | New | 3.19% | +3.19 |
| IVV iShares Core S&P 500 ETF | Add +1.5% | 20.34% | +0.97 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.5% | 10.85% | +0.52 |
| QQQM Invesco Nasdaq 100 ETF | Add +2.9% | 9.73% | +0.45 |
| IJH iShares Core S&P Midcap ETF | Add +1.8% | 9.15% | +0.42 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +7.4% | 6.45% | +0.28 |
| XLV SS Health Care Select Sector | Add +3.5% | 5.04% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +97.0% | 0.26% | +0.13 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.12% | +0.12 |
| PG The Procter & Gamble Co. | New | 0.11% | +0.11 |
| CSCO Cisco Systems Inc. | New | 0.11% | +0.11 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.57% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.24% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +0.2% | 0.28% | +0.01 |
| FELV Fidelity Enh LRG Cap Val ETF | Add +1.0% | 0.16% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +3.8% | 4.07% | −0.02 |
| VGLT Vanguard Long-Term Treasury | Add +0.3% | 0.47% | −0.05 |
| AAPL Apple Inc. | Add +9.3% | 2.04% | −0.19 |
Options Activity Q4 2023 → Q1 2024
| AAPL Apple Inc. | put | Sold out | 7,400 | $1.4Mbefore exit |
| GOOG Alphabet Inc. Class C | put | Sold out | 9,700 | $1.4Mbefore exit |
| META Meta Platforms Inc. Class A | put | Sold out | 2,300 | $814Kbefore exit |
| AMZN Amazon.com Inc. | put | Sold out | 2,000 | $304Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $271.1M | IVV, VTV, IDEV, QQQM, VYMI |
| Q1 2026 | 54 | $243.8M | IVV, VTV, IDEV, QQQM, VYMI |
| Q4 2025 | 50 | $237.2M | IVV, VTV, IDEV, QQQM, VYMI |
| Q3 2025 | 43 | $220.8M | IVV, VTV, IDEV, QQQM, VYMI |
| Q2 2025 | 47 | $219.5M | IVV, IDEV, VTV, QQQM, USMV |
| Q1 2025 | 47 | $185.3M | IVV, IDEV, VTV, QQQM, VYMI |
| Q4 2024Amended | 47 | $198.3M | IVV, IDEV, VTV, QQQM, IJH |
| Q3 2024Amended | 44 | $198.5M | IVV, IDEV, VTV, QQQM, IJH |
| Q2 2024Amended | 46 | $193.0M | IVV, IDEV, VTV, QQQM, IJH |
| Q1 2024Amended | 43 | $177.8M | IVV, IDEV, VTV, QQQM, IJH |