AAF Wealth Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), AAF Wealth Management, LLC reported 43 stock positions worth $220.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 26.3% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 15.1%) and iShares Core MSCI Dev MKTS (IDEV, 14.7%). Compared with Q2 2025, it opened 2 new positions, sold out of 6, added to 17 and reduced 21. The biggest buy was Vanguard Mrngstr Val ETF-Aui (VTV, shares +28%) and the biggest sale iShares MSCI USA Min Vol Fac (USMV, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $220.8M (Q3 2025)
- SEC Filing
- 0001726609-25-000003 ↗ filed Nov 12, 2025
Holdings Value
Holdings 43 stocks · $220.8M
| IVV iShares Core S&P 500 ETF | 26.27% | 86,641 | $58.0M | Add +2.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 15.13% | 179,059 | $33.4M | Add +28.5% |
| IDEV iShares Core MSCI Dev MKTS | 14.71% | 405,189 | $32.5M | Add +3.8% |
| QQQM Invesco Nasdaq 100 ETF | 11.04% | 98,603 | $24.4M | Add +13.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 8.73% | 227,531 | $19.3M | Add +9.8% |
| IJH iShares Core S&P Midcap ETF | 5.49% | 185,842 | $12.1M | Add +2.5% |
| AAPL Apple Inc. | 2.34% | 20,308 | $5.2M | Add +0.2% |
| IEFA iShares Core MSCI Eafe ETF | 2.23% | 56,310 | $4.9M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.52% | 13,746 | $3.3M | Reduce -0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.23% | 9,244 | $2.7M | Add +0.1% |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.90% | 53,389 | $2.0M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 0.77% | 2,316 | $1.7M | Reduce -10.0% |
| PID Invesco International Divide | 0.76% | 79,173 | $1.7M | Reduce -0.0% |
| IWF iShares Russell 1000 Growth | 0.76% | 3,570 | $1.7M | Add +0.0% |
| IJR iShares Core S&P Small-Cap E | 0.66% | 12,332 | $1.5M | Reduce -5.4% |
| MSFT Microsoft Corp. | 0.56% | 2,395 | $1.2M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 1,545 | $1.0M | Reduce -3.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.45% | 10,521 | $1.0M | Reduce -94.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.45% | 2,085 | $1.0M | Reduce -3.6% |
| GOOGL Alphabet Inc. Class A | 0.42% | 3,782 | $919K | Reduce -15.3% |
| AMZN Amazon.com Inc. | 0.39% | 3,959 | $869K | Add +0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.34% | 1 | $754K | No change |
| IWD iShares Russell 1000 Value E | 0.31% | 3,348 | $682K | Reduce -6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 1,345 | $676K | Reduce -14.3% |
| IWM iShares Russell 2000 ETF | 0.31% | 2,785 | $674K | Add +0.1% |
| SCHF Schwab Intl Equity ETF | 0.30% | 28,256 | $658K | No change |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.30% | 12,832 | $654K | Add +2.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.29% | 2,310 | $645K | Add +0.3% |
| IWB iShares Russell 1000 ETF | 0.29% | 1,762 | $644K | Add +0.2% |
| IWR iShares Russell Mid-Cap ETF | 0.27% | 6,246 | $603K | Add +21.5% |
| NVDA Nvidia Corp. | 0.25% | 2,975 | $555K | Reduce -1.9% |
| VOO Vanguard S&P 500 ETF | 0.25% | 887 | $543K | No change |
| GLD SPDR Gold Shares | 0.22% | 1,376 | $489K | Reduce -96.0% |
| IXUS iShares Core Intl Stock ETF | 0.22% | 5,845 | $483K | Reduce -3.5% |
| NFLX Netflix Inc. | 0.20% | 361 | $433K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 1,249 | $410K | Add +17.3% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 5,008 | $271K | Reduce -6.1% |
| RTX RTX Corp. | 0.12% | 1,616 | $270K | Reduce -20.0% |
| JNJ Johnson & Johnson | 0.12% | 1,440 | $267K | Reduce -20.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 788 | $243K | Add +0.1% |
| HON Honeywell International Inc. | 0.10% | 1,084 | $228K | Reduce -5.7% |
| AVGO Broadcom Inc. | 0.10% | 664 | $219K | Reduce -15.2% |
| ACRV Acrivon Therapeutics Inc. | 0.01% | 10,678 | $19K | New |
Portfolio Sells Q2 2025 → Q3 2025
| USMV iShares MSCI USA Min Vol Fac | Reduce -94.2% | 0.45% | −7.25 |
| GLD SPDR Gold Shares | Reduce -96.0% | 0.22% | −4.60 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.13 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.13 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.13 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.10 |
| T AT&T Inc. | Sold out | 0.00% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -10.0% | 0.77% | −0.09 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -14.3% | 0.31% | −0.04 |
| HON Honeywell International Inc. | Reduce -5.7% | 0.10% | −0.02 |
| RTX RTX Corp. | Reduce -20.0% | 0.12% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -6.3% | 0.31% | −0.01 |
| JNJ Johnson & Johnson | Reduce -20.9% | 0.12% | −0.01 |
| AVGO Broadcom Inc. | Reduce -15.2% | 0.10% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.1% | 0.12% | +0.00 |
| IXUS iShares Core Intl Stock ETF | Reduce -3.5% | 0.22% | +0.01 |
| MSFT Microsoft Corp. | Reduce -0.9% | 0.56% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.4% | 0.66% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.1% | 0.47% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.6% | 0.45% | +0.02 |
| PID Invesco International Divide | Reduce -0.0% | 0.76% | +0.02 |
| NVDA Nvidia Corp. | Reduce -1.9% | 0.25% | +0.03 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -0.7% | 0.90% | +0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -15.3% | 0.42% | +0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.3% | 2.23% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 1.52% | +0.40 |
Portfolio Buys Q2 2025 → Q3 2025
| VTV Vanguard Mrngstr Val ETF-Aui | Add +28.5% | 15.13% | +3.90 |
| IVV iShares Core S&P 500 ETF | Add +2.2% | 26.27% | +2.29 |
| QQQM Invesco Nasdaq 100 ETF | Add +13.1% | 11.04% | +2.02 |
| IDEV iShares Core MSCI Dev MKTS | Add +3.8% | 14.71% | +1.19 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +9.8% | 8.73% | +1.17 |
| AAPL Apple Inc. | Add +0.2% | 2.34% | +0.45 |
| IJH iShares Core S&P Midcap ETF | Add +2.5% | 5.49% | +0.37 |
| NFLX Netflix Inc. | New | 0.20% | +0.20 |
| IWF iShares Russell 1000 Growth | Add +0.0% | 0.76% | +0.07 |
| IWR iShares Russell Mid-Cap ETF | Add +21.5% | 0.27% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.29% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.1% | 1.23% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.3% | 0.19% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +0.1% | 0.31% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.29% | +0.02 |
| JMTG Mortgage-Backed Securities | Add +2.0% | 0.30% | +0.01 |
| ACRV Acrivon Therapeutics Inc. | New | 0.01% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.1% | 0.11% | +0.01 |
| AMZN Amazon.com Inc. | Add +0.3% | 0.39% | −0.00 |
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 |