AAF Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), AAF Wealth Management, LLC reported 47 stock positions worth $185.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 23.3% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 14.3%) and Vanguard Mrngstr Val ETF-Aui (VTV, 12.6%). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 18 and reduced 24. The biggest buy was SPDR Gold Shares (GLD, shares +11%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $185.3M (Q1 2025)
- SEC Filing
- 0001085146-25-003362 ↗ filed May 16, 2025
Holdings Value
Holdings 47 stocks · $185.3M
| IVV iShares Core S&P 500 ETF | 23.31% | 76,861 | $43.2M | Add +1.4% |
| IDEV iShares Core MSCI Dev MKTS | 14.28% | 384,037 | $26.5M | Reduce -2.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 12.56% | 134,672 | $23.3M | Add +0.2% |
| QQQM Invesco Nasdaq 100 ETF | 9.22% | 88,468 | $17.1M | Reduce -13.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 7.29% | 183,192 | $13.5M | Reduce -2.3% |
| IJH iShares Core S&P Midcap ETF | 6.30% | 200,039 | $11.7M | Reduce -31.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 4.13% | 18,210 | $7.6M | Reduce -0.1% |
| GLD SPDR Gold Shares | 4.09% | 26,268 | $7.6M | Add +10.5% |
| AAPL Apple Inc. | 2.37% | 19,775 | $4.4M | Add +2.5% |
| IEFA iShares Core MSCI Eafe ETF | 2.37% | 58,058 | $4.4M | Reduce -12.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.40% | 10,058 | $2.6M | Reduce -14.4% |
| IJR iShares Core S&P Small-Cap E | 1.21% | 21,513 | $2.2M | Reduce -32.9% |
| GOOG Alphabet Inc. Class C | 1.13% | 13,376 | $2.1M | Add +2.0% |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.91% | 53,918 | $1.7M | Reduce -25.1% |
| META Meta Platforms Inc. Class A | 0.88% | 2,835 | $1.6M | Add +3.2% |
| PID Invesco International Divide | 0.86% | 83,378 | $1.6M | Reduce -10.6% |
| IWF iShares Russell 1000 Growth | 0.58% | 2,968 | $1.1M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 1,676 | $892K | Reduce -13.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 1,461 | $817K | Reduce -6.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 2,159 | $801K | Reduce -1.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 1 | $798K | No change |
| AMZN Amazon.com Inc. | 0.40% | 3,893 | $741K | Add +10.5% |
| MSFT Microsoft Corp. | 0.38% | 1,899 | $713K | Add +15.9% |
| GOOGL Alphabet Inc. Class A | 0.36% | 4,283 | $662K | Add +4.0% |
| IWM iShares Russell 2000 ETF | 0.31% | 2,919 | $582K | Reduce -6.0% |
| SCHF Schwab Intl Equity ETF | 0.31% | 28,937 | $572K | Reduce -3.3% |
| IWB iShares Russell 1000 ETF | 0.29% | 1,756 | $539K | Add +0.2% |
| IWD iShares Russell 1000 Value E | 0.29% | 2,857 | $537K | Reduce -3.7% |
| VOO Vanguard S&P 500 ETF | 0.28% | 994 | $511K | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.25% | 5,369 | $457K | Reduce -34.9% |
| IXUS iShares Core Intl Stock ETF | 0.24% | 6,503 | $454K | Reduce -11.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 2,297 | $381K | Add +0.3% |
| RTX RTX Corp. | 0.19% | 2,714 | $359K | Add +1.6% |
| CVX Chevron Corp. | 0.17% | 1,827 | $306K | Reduce -1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 1,097 | $302K | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.16% | 1,810 | $300K | Add +6.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 624 | $293K | Reduce -40.9% |
| PG The Procter & Gamble Co. | 0.15% | 1,610 | $274K | Add +10.7% |
| JPM JPMorgan Chase & Co. | 0.14% | 1,068 | $262K | Reduce -3.4% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 5,676 | $257K | Add +6.0% |
| CSCO Cisco Systems Inc. | 0.13% | 4,016 | $248K | Reduce -6.0% |
| HON Honeywell International Inc. | 0.13% | 1,155 | $245K | Add +6.5% |
| V Visa Inc. Class A | 0.13% | 696 | $244K | New |
| MRK Merck & Co. Inc. | 0.12% | 2,526 | $227K | Add +9.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 831 | $207K | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 787 | $202K | No change |
| ACRV Acrivon Therapeutics Inc. | 0.01% | 10,678 | $22K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| IJH iShares Core S&P Midcap ETF | Reduce -31.3% | 6.30% | −2.85 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -13.0% | 9.22% | −1.58 |
| IJR iShares Core S&P Small-Cap E | Reduce -32.9% | 1.21% | −0.65 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -25.1% | 0.91% | −0.29 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -14.4% | 1.40% | −0.16 |
| IWR iShares Russell Mid-Cap ETF | Reduce -34.9% | 0.25% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -40.9% | 0.16% | −0.11 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.11 |
| PPSI Pioneer Power Solutions Inc. | Sold out | 0.00% | −0.09 |
| IWF iShares Russell 1000 Growth | Reduce -2.6% | 0.58% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -6.0% | 0.31% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.2% | 0.43% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.4% | 0.44% | −0.02 |
| PID Invesco International Divide | Reduce -10.6% | 0.86% | −0.00 |
| IXUS iShares Core Intl Stock ETF | Reduce -11.8% | 0.24% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.7% | 0.16% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -6.0% | 0.13% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -3.4% | 0.14% | +0.01 |
| IWD iShares Russell 1000 Value E | Reduce -3.7% | 0.29% | +0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -3.3% | 0.31% | +0.03 |
| CVX Chevron Corp. | Reduce -1.0% | 0.17% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -12.0% | 2.37% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.0% | 0.48% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.1% | 4.13% | +0.21 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -2.3% | 7.29% | +0.87 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -2.8% | 14.28% | +1.44 |
Portfolio Buys Q4 2024 → Q1 2025
| GLD SPDR Gold Shares | Add +10.5% | 4.09% | +1.18 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.2% | 12.56% | +1.08 |
| IVV iShares Core S&P 500 ETF | Add +1.4% | 23.31% | +0.81 |
| V Visa Inc. Class A | New | 0.13% | +0.13 |
| IBM Intl Business Machines Corp. | New | 0.11% | +0.11 |
| META Meta Platforms Inc. Class A | Add +3.2% | 0.88% | +0.07 |
| RTX RTX Corp. | Add +1.6% | 0.19% | +0.04 |
| JNJ Johnson & Johnson | Add +6.3% | 0.16% | +0.04 |
| MSFT Microsoft Corp. | Add +15.9% | 0.38% | +0.04 |
| PG The Procter & Gamble Co. | Add +10.7% | 0.15% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +6.0% | 0.14% | +0.02 |
| AMZN Amazon.com Inc. | Add +10.5% | 0.40% | +0.01 |
| HON Honeywell International Inc. | Add +6.5% | 0.13% | +0.01 |
| MRK Merck & Co. Inc. | Add +9.4% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.28% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.29% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.21% | −0.02 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 0.36% | −0.04 |
| AAPL Apple Inc. | Add +2.5% | 2.37% | −0.06 |
| GOOG Alphabet Inc. Class C | Add +2.0% | 1.13% | −0.13 |
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 |