AAF Wealth Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), AAF Wealth Management, LLC reported 47 stock positions worth $219.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 24.0% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 13.5%) and Vanguard Mrngstr Val ETF-Aui (VTV, 11.2%). Compared with Q1 2025, it opened 6 new positions, sold out of 6, added to 19 and reduced 20. The biggest buy was a new position in iShares MSCI USA Min Vol Fac (USMV) and the biggest sale an exit from SS SPDR Dow Jones Indus Avg (DIA).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $219.5M (Q2 2025)
- SEC Filing
- 0001085146-25-004526 ↗ filed Aug 5, 2025
Holdings Value
Holdings 47 stocks · $219.5M
| IVV iShares Core S&P 500 ETF | 23.97% | 84,766 | $52.6M | Add +10.3% |
| IDEV iShares Core MSCI Dev MKTS | 13.53% | 390,492 | $29.7M | Add +1.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 11.22% | 139,387 | $24.6M | Add +3.5% |
| QQQM Invesco Nasdaq 100 ETF | 9.02% | 87,188 | $19.8M | Reduce -1.4% |
| USMV iShares MSCI USA Min Vol Fac | 7.70% | 180,124 | $16.9M | New |
| VYMI Vanguard Int High DVD YLD Inc. | 7.56% | 207,226 | $16.6M | Add +13.1% |
| IJH iShares Core S&P Midcap ETF | 5.12% | 181,223 | $11.2M | Reduce -9.4% |
| GLD SPDR Gold Shares | 4.82% | 34,724 | $10.6M | Add +32.2% |
| IEFA iShares Core MSCI Eafe ETF | 2.15% | 56,478 | $4.7M | Reduce -2.7% |
| AAPL Apple Inc. | 1.89% | 20,270 | $4.2M | Add +2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.18% | 9,235 | $2.6M | Reduce -8.2% |
| GOOG Alphabet Inc. Class C | 1.11% | 13,764 | $2.4M | Add +2.9% |
| META Meta Platforms Inc. Class A | 0.87% | 2,573 | $1.9M | Reduce -9.2% |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.84% | 53,770 | $1.9M | Reduce -0.3% |
| PID Invesco International Divide | 0.74% | 79,195 | $1.6M | Reduce -5.0% |
| IWF iShares Russell 1000 Growth | 0.69% | 3,569 | $1.5M | Add +20.3% |
| IJR iShares Core S&P Small-Cap E | 0.65% | 13,030 | $1.4M | Reduce -39.4% |
| MSFT Microsoft Corp. | 0.55% | 2,416 | $1.2M | Add +27.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.45% | 1,594 | $985K | Add +9.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 2,164 | $949K | Add +0.2% |
| AMZN Amazon.com Inc. | 0.39% | 3,949 | $866K | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.36% | 4,464 | $787K | Add +4.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 1,569 | $762K | Reduce -6.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.33% | 1 | $729K | No change |
| IWD iShares Russell 1000 Value E | 0.32% | 3,572 | $694K | Add +25.0% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.29% | 12,577 | $631K | New |
| SCHF Schwab Intl Equity ETF | 0.28% | 28,256 | $624K | Reduce -2.4% |
| IWM iShares Russell 2000 ETF | 0.27% | 2,782 | $600K | Reduce -4.7% |
| IWB iShares Russell 1000 ETF | 0.27% | 1,759 | $597K | Add +0.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 2,304 | $522K | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.23% | 887 | $504K | Reduce -10.8% |
| NVDA Nvidia Corp. | 0.22% | 3,031 | $479K | New |
| IWR iShares Russell Mid-Cap ETF | 0.22% | 5,139 | $473K | Reduce -4.3% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 6,060 | $469K | Reduce -6.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 1,065 | $324K | Reduce -2.9% |
| RTX RTX Corp. | 0.13% | 2,019 | $295K | Reduce -25.6% |
| JPM JPMorgan Chase & Co. | 0.13% | 989 | $287K | Reduce -7.4% |
| JNJ Johnson & Johnson | 0.13% | 1,820 | $278K | Add +0.6% |
| V Visa Inc. Class A | 0.13% | 783 | $278K | Add +12.5% |
| PG The Procter & Gamble Co. | 0.13% | 1,731 | $276K | Add +7.5% |
| HON Honeywell International Inc. | 0.12% | 1,149 | $268K | Reduce -0.5% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 5,332 | $264K | Reduce -6.1% |
| CSCO Cisco Systems Inc. | 0.10% | 3,264 | $226K | Reduce -18.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.10% | 787 | $225K | No change |
| T AT&T Inc. | 0.10% | 7,536 | $218K | New |
| AVGO Broadcom Inc. | 0.10% | 783 | $216K | New |
| UNP Union Pacific Corp. | 0.09% | 891 | $205K | New |
Portfolio Sells Q1 2025 → Q2 2025
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −4.13 |
| IJH iShares Core S&P Midcap ETF | Reduce -9.4% | 5.12% | −1.18 |
| IJR iShares Core S&P Small-Cap E | Reduce -39.4% | 0.65% | −0.57 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -8.2% | 1.18% | −0.23 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.7% | 2.15% | −0.22 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -1.4% | 9.02% | −0.20 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.17 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.4% | 0.35% | −0.13 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.12 |
| PID Invesco International Divide | Reduce -5.0% | 0.74% | −0.12 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.11 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -0.3% | 0.84% | −0.06 |
| RTX RTX Corp. | Reduce -25.6% | 0.13% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -10.8% | 0.23% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -4.7% | 0.27% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -6.8% | 0.21% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -4.3% | 0.22% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -18.7% | 0.10% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.4% | 0.28% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.1% | 0.12% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -9.2% | 0.87% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.9% | 0.15% | −0.02 |
| ACRV Acrivon Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -7.4% | 0.13% | −0.01 |
| HON Honeywell International Inc. | Reduce -0.5% | 0.12% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| USMV iShares MSCI USA Min Vol Fac | New | 7.70% | +7.70 |
| GLD SPDR Gold Shares | Add +32.2% | 4.82% | +0.74 |
| IVV iShares Core S&P 500 ETF | Add +10.3% | 23.97% | +0.66 |
| JMTG Mortgage-Backed Securities | New | 0.29% | +0.29 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +13.1% | 7.56% | +0.28 |
| NVDA Nvidia Corp. | New | 0.22% | +0.22 |
| MSFT Microsoft Corp. | Add +27.2% | 0.55% | +0.16 |
| IWF iShares Russell 1000 Growth | Add +20.3% | 0.69% | +0.11 |
| T AT&T Inc. | New | 0.10% | +0.10 |
| AVGO Broadcom Inc. | New | 0.10% | +0.10 |
| UNP Union Pacific Corp. | New | 0.09% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.24% | +0.03 |
| IWD iShares Russell 1000 Value E | Add +25.0% | 0.32% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.1% | 0.45% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +4.2% | 0.36% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.2% | 0.43% | 0.00 |
| AMZN Amazon.com Inc. | Add +1.4% | 0.39% | −0.01 |
| V Visa Inc. Class A | Add +12.5% | 0.13% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +2.9% | 1.11% | −0.02 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.27% | −0.02 |
| PG The Procter & Gamble Co. | Add +7.5% | 0.13% | −0.02 |
| JNJ Johnson & Johnson | Add +0.6% | 0.13% | −0.04 |
| AAPL Apple Inc. | Add +2.5% | 1.89% | −0.48 |
| IDEV iShares Core MSCI Dev MKTS | Add +1.7% | 13.53% | −0.75 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +3.5% | 11.22% | −1.33 |
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 |