AAF Wealth Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed May 19, 2025), AAF Wealth Management, LLC reported 44 stock positions worth $198.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 21.6% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 13.2%) and Vanguard Mrngstr Val ETF-Aui (VTV, 11.6%). Compared with Q2 2024, it opened 3 new positions, sold out of 5, added to 11 and reduced 23. The biggest buy was a new position in iShares MSCI Japan ETF (EWJ) and the biggest sale Wisdomtree Japan Hedged Eq (DXJ, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $198.5M (Q3 2024)
- SEC Filing
- 0001085146-25-003381 ↗ filed May 19, 2025
Holdings Value
Holdings 44 stocks · $198.5M
| IVV iShares Core S&P 500 ETF | 21.61% | 74,364 | $42.9M | Reduce -0.6% |
| IDEV iShares Core MSCI Dev MKTS | 13.21% | 370,023 | $26.2M | Add +1.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 11.56% | 131,472 | $23.0M | Add +2.0% |
| QQQM Invesco Nasdaq 100 ETF | 10.42% | 102,993 | $20.7M | Reduce -1.3% |
| IJH iShares Core S&P Midcap ETF | 9.15% | 291,517 | $18.2M | Add +0.6% |
| VYMI Vanguard Int High DVD YLD Inc. | 6.63% | 179,165 | $13.2M | Add +1.1% |
| XLV SS Health Care Select Sector | 5.55% | 71,571 | $11.0M | Add +5.0% |
| EWJ iShares MSCI Japan ETF | 2.59% | 71,845 | $5.1M | New |
| IEFA iShares Core MSCI Eafe ETF | 2.58% | 65,610 | $5.1M | Reduce -1.7% |
| AAPL Apple Inc. | 2.42% | 20,578 | $4.8M | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 2.04% | 34,672 | $4.1M | Reduce -53.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.57% | 11,822 | $3.1M | Reduce -11.3% |
| FELC Fidelity Enh LRG Cap Cor ETF | 1.18% | 73,000 | $2.3M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.10% | 13,116 | $2.2M | Reduce -0.2% |
| PID Invesco International Divide | 0.95% | 95,582 | $1.9M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 0.67% | 2,340 | $1.3M | No change |
| IWF iShares Russell 1000 Growth | 0.58% | 3,046 | $1.1M | Reduce -0.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 2,204 | $846K | Add +0.5% |
| MSFT Microsoft Corp. | 0.36% | 1,639 | $705K | Reduce -7.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.35% | 1 | $691K | No change |
| IWM iShares Russell 2000 ETF | 0.35% | 3,123 | $690K | Reduce -0.3% |
| SCHF Schwab Intl Equity ETF | 0.33% | 16,019 | $659K | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 0.33% | 3,918 | $650K | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 1,370 | $631K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 1,083 | $621K | Reduce -5.1% |
| VOO Vanguard S&P 500 ETF | 0.31% | 1,149 | $606K | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.30% | 6,834 | $602K | Reduce -4.4% |
| IWD iShares Russell 1000 Value E | 0.28% | 2,962 | $562K | Add +0.1% |
| AMZN Amazon.com Inc. | 0.28% | 3,001 | $559K | Reduce -0.3% |
| IWB iShares Russell 1000 ETF | 0.28% | 1,749 | $550K | Add +0.2% |
| IXUS iShares Core Intl Stock ETF | 0.27% | 7,458 | $542K | Reduce -2.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 2,285 | $397K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 1,195 | $339K | Reduce -0.9% |
| RTX RTX Corp. | 0.16% | 2,671 | $324K | New |
| JNJ Johnson & Johnson | 0.15% | 1,849 | $300K | Reduce -20.2% |
| CVX Chevron Corp. | 0.14% | 1,846 | $272K | Reduce -19.9% |
| PG The Procter & Gamble Co. | 0.14% | 1,550 | $268K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 5,070 | $243K | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.12% | 2,130 | $242K | New |
| HON Honeywell International Inc. | 0.11% | 1,084 | $224K | No change |
| DXJ Wisdomtree Japan Hedged Eq | 0.11% | 2,104 | $223K | Reduce -96.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 821 | $216K | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 0.11% | 990 | $209K | Reduce -3.8% |
| ACRV Acrivon Therapeutics Inc. | 0.04% | 10,678 | $75K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| DXJ Wisdomtree Japan Hedged Eq | Reduce -96.2% | 0.11% | −3.13 |
| IJR iShares Core S&P Small-Cap E | Reduce -53.1% | 2.04% | −2.04 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.25 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -1.3% | 10.42% | −0.23 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 1.10% | −0.14 |
| FELV Fidelity Enh LRG Cap Val ETF | Sold out | 0.00% | −0.14 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.10 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.10 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -11.3% | 1.57% | −0.10 |
| MSFT Microsoft Corp. | Reduce -7.6% | 0.36% | −0.06 |
| CVX Chevron Corp. | Reduce -19.9% | 0.14% | −0.05 |
| JNJ Johnson & Johnson | Reduce -20.2% | 0.15% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.28% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 0.31% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -3.8% | 0.11% | −0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.3% | 0.58% | −0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -2.4% | 0.11% | +0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -4.4% | 0.30% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.9% | 0.17% | +0.00 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.5% | 0.27% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.7% | 0.12% | +0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -1.6% | 0.33% | +0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.3% | 0.35% | +0.02 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -0.3% | 1.18% | +0.02 |
| PID Invesco International Divide | Reduce -0.1% | 0.95% | +0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.7% | 2.58% | +0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -0.6% | 21.61% | +0.41 |
Portfolio Buys Q2 2024 → Q3 2024
| EWJ iShares MSCI Japan ETF | New | 2.59% | +2.59 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.0% | 11.56% | +0.85 |
| IDEV iShares Core MSCI Dev MKTS | Add +1.3% | 13.21% | +0.78 |
| XLV SS Health Care Select Sector | Add +5.0% | 5.55% | +0.41 |
| IJH iShares Core S&P Midcap ETF | Add +0.6% | 9.15% | +0.37 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +1.1% | 6.63% | +0.33 |
| AAPL Apple Inc. | Add +0.2% | 2.42% | +0.17 |
| RTX RTX Corp. | New | 0.16% | +0.16 |
| MRK Merck & Co. Inc. | New | 0.12% | +0.12 |
| IWD iShares Russell 1000 Value E | Add +0.1% | 0.28% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.31% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.28% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.5% | 0.43% | +0.00 |
| GOOGL Alphabet Inc. Class A | Add +0.0% | 0.33% | −0.04 |
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 |