Armstrong, Fleming & Moore, Inc

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Armstrong, Fleming & Moore, Inc reported 79 stock positions worth $82.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 17.1% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 6.1%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 4.1%). Compared with Q4 2024, it opened 61 new positions, sold out of 77, added to 3 and reduced 14. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +371%) and the biggest sale an exit from Cava (CAVA).

Most Recent 13F
Q2 2026
Location
WASHINGTON, DC
CIK
0001990099
Portfolio Value
$82.6M (Q1 2025)
SEC Filing
0001085146-25-002045 ↗ filed Apr 11, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $144.5M Q1 2024 Q2 2024: $155.9M Q2 2024 Q3 2024: $171.5M Q3 2024 Q4 2024: $165.1M Q4 2024 Q1 2025: $82.6M $82.6M Q1 2025 Q2 2025: $184.2M Q2 2025 Q3 2025: $209.3M Q3 2025 Q4 2025: $216.5M Q4 2025 Q1 2026: $235.6M Q1 2026 Q2 2026: $301.9M Q2 2026

Holdings 79 stocks · $82.6M

BRK.B Berkshire Hathaway Inc. Class B 17.05% 26,452 $14.1M Add +371.1%
RSP Invesco S&P 500 Equal Weight 6.10% 29,092 $5.0M New
SPYM Ste STR SPDR PT S&P 500 ETF 4.06% 50,998 $3.4M New
IUSG iShares Core S&P U.S. Growth 3.86% 25,126 $3.2M New
COF Capital One Financial Corp. 3.81% 17,549 $3.1M New
JEPI JPMorgan Equity Premium Inco 3.29% 47,515 $2.7M Add +335.3%
SPY SS SPDR S&P 500 ETF Trust-US 3.27% 4,827 $2.7M New
NOBL Proshares S&P 500 Dividend A 3.15% 25,473 $2.6M New
IJH iShares Core S&P Midcap ETF 3.09% 43,689 $2.5M New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 2.97% 5,843 $2.5M New
AAPL Apple Inc. 2.65% 9,852 $2.2M Reduce -89.0%
IWM iShares Russell 2000 ETF 2.55% 10,570 $2.1M New
IJR iShares Core S&P Small-Cap E 2.33% 18,443 $1.9M New
SDY SS SPDR S&P Dividend ETF 2.32% 14,144 $1.9M New
REGL Prshrs S&P Mid 400 DVD Arist 2.01% 20,565 $1.7M New
DVY iShares Select Dividend ETF 1.98% 12,171 $1.6M New
IUSV iShares Core S&P U.S. Value 1.96% 17,538 $1.6M New
JPM JPMorgan Chase & Co. 1.50% 5,069 $1.2M Reduce -50.9%
DGRO iShares Core Dividend Growth 1.50% 20,064 $1.2M New
AEP American Electric Power 1.31% 9,925 $1.1M New
IDU iShares US Utilities ETF 1.26% 10,235 $1.0M New
XLP SS Consumer Staples Sel Sect 1.19% 11,993 $979K New
HII Huntington Ingalls Industrie 1.14% 4,633 $945K New
ITW Illinois Tool Works 1.13% 3,773 $936K New
IWO iShares Russell 2000 Growth 1.12% 3,611 $923K Add +83.4%
BRK.A Berkshire Hathaway Inc. Class A 0.97% 1 $798K No change
VYM Vanguard High DVD Yield ETF 0.85% 5,430 $700K New
AMZN Amazon.com Inc. 0.83% 3,618 $688K Reduce -63.7%
JNJ Johnson & Johnson 0.79% 3,915 $649K Reduce -68.1%
IMCG iShares Morningstar Mid-Cap 0.77% 8,849 $632K New
ABBV Abbvie Inc. 0.65% 2,574 $539K Reduce -5.9%
IWF iShares Russell 1000 Growth 0.62% 1,418 $512K New
KO The Coca-Cola Co. 0.61% 7,077 $507K Reduce -16.4%
IOO iShares Global 100 ETF 0.58% 4,992 $481K New
PNC PNC Financial Services Group 0.58% 2,722 $479K Reduce -9.3%
JOET Virtus Terranova US Qual Mom 0.57% 12,856 $470K New
C Citigroup Inc. 0.57% 6,623 $470K New
AFL Aflac Inc. 0.53% 3,973 $442K New
XLE SS Energy Select Sector 0.52% 4,590 $429K New
AIVL Wisdomtree US AI Enhanced Va 0.50% 3,762 $413K New
XLU St Sr Utl SL SE SPDR ETF-Usd 0.48% 5,018 $396K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.47% 1,495 $387K New
XLI SS Industrial Select Sector 0.45% 2,841 $372K New
PFF iShares Preferred & Income S 0.45% 12,082 $371K New
MSFT Microsoft Corp. 0.44% 977 $367K Reduce -77.7%
IWD iShares Russell 1000 Value E 0.44% 1,940 $365K New
XOM Exxon Mobil Corp. 0.42% 2,932 $349K Reduce -85.9%
PEG Public Service Enterprise GP 0.41% 4,160 $342K New
LYB Lyondellbasell Indu Class A 0.41% 4,827 $340K New
PM Philip Morris International 0.41% 2,135 $339K New
VPU Vanguard Utilities ETF 0.40% 1,940 $331K New
MDY State Street SPDR S&P Midcap 0.40% 620 $331K New
SYF Synchrony Financial 0.40% 6,212 $329K New
PANW Palo Alto Networks Inc. 0.40% 1,922 $328K New
PEP Pepsico Inc. 0.38% 2,103 $315K Reduce -59.4%
IEI iShares 3-7 Year Treasury Bo 0.38% 2,669 $315K New
GOOG Alphabet Inc. Class C 0.38% 2,009 $314K Reduce -53.9%
MKL Markel Group Inc. 0.37% 164 $307K New
SOFI Sofi Technologies Inc. 0.36% 25,575 $297K New
ILCG iShares Morningstar Growth E 0.35% 3,567 $289K New
VUG Vanguard Mrngstar GR ETF-Sui 0.34% 754 $280K New
IJK iShares S&P Mid-Cap 400 Grow 0.34% 3,342 $278K New
DEA Easterly Govt Pptys Inc. 0.34% 26,155 $277K New
IYK iShares US Consumer Staples 0.33% 3,855 $276K New
IWN iShares Russell 2000 Value E 0.33% 1,823 $275K New
ZS Zscaler Inc. 0.31% 1,290 $256K New
PPL PPL Corp. 0.31% 7,085 $256K New
ICSH iShares Ultra Short Duration 0.31% 5,000 $254K New
VZ Verizon Communications Inc. 0.29% 5,309 $241K Reduce -75.1%
DLN Wisdomtree US Largecap Divid 0.28% 2,963 $235K New
UL Unilever PLC 0.28% 3,890 $232K New
KHC The Kraft Heinz Co. 0.27% 7,459 $227K New
XLF SS Financial Select Sector 0.27% 4,396 $219K New
FDX FedEx Corp. 0.26% 897 $219K New
LLY Eli Lilly & Co. 0.26% 255 $211K Reduce -66.3%
GOOGL Alphabet Inc. Class A 0.25% 1,332 $206K Reduce -81.4%
VNLA Janus Henderson Short Durati 0.24% 4,096 $201K New
ABEV Ambev SA-ADR 0.15% 53,766 $125K New
SAN Banco Santander SA-Spon ADR 0.09% 11,135 $75K New

Portfolio Sells Q4 2024 → Q1 2025

CAVA Cava Group Inc. Sold out 0.00% −17.62
AAPL Apple Inc. Reduce -89.0% 2.65% −10.98
CGXU Cap Group Intl Focus Sold out 0.00% −10.16
TCHP T Rowe Price Blue Chip Growt Sold out 0.00% −8.01
CGDV Cap Group Dividend Value Sold out 0.00% −2.88
SAIC Science Applications Inte Sold out 0.00% −2.45
MAR Marriott International Class A Sold out 0.00% −2.19
COST Costco Wholesale Corp. Sold out 0.00% −1.83
NVDA Nvidia Corp. Sold out 0.00% −1.68
TSLA Tesla Inc. Sold out 0.00% −1.45
CGGR Cap Group Growth Equity Sold out 0.00% −1.26
PG The Procter & Gamble Co. Sold out 0.00% −1.21
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −1.15
CVX Chevron Corp. Sold out 0.00% −1.12
GPRK Geopark Ltd. Sold out 0.00% −1.09
XOM Exxon Mobil Corp. Reduce -85.9% 0.42% −0.93
CGGO Cap Group Global Growth Sold out 0.00% −0.84
CGUS Cap Group Core Equity Sold out 0.00% −0.81
UNP Union Pacific Corp. Sold out 0.00% −0.74
IBM Intl Business Machines Corp. Sold out 0.00% −0.69
MSFT Microsoft Corp. Reduce -77.7% 0.44% −0.68
IEMG iShares Core MSCI Emerging Sold out 0.00% −0.64
T AT&T Inc. Sold out 0.00% −0.64
EMR Emerson Electric Co. Sold out 0.00% −0.63
HON Honeywell International Inc. Sold out 0.00% −0.58
GOOGL Alphabet Inc. Class A Reduce -81.4% 0.25% −0.57
FMBH First Mid Bancshares Inc. Sold out 0.00% −0.56
NFLX Netflix Inc. Sold out 0.00% −0.54
O Realty Income Corp. Sold out 0.00% −0.52
DIS The Walt Disney Co. Sold out 0.00% −0.51
AMZN Amazon.com Inc. Reduce -63.7% 0.83% −0.49
EFG iShares MSCI Eafe Growth ETF Sold out 0.00% −0.49
MRK Merck & Co. Inc. Sold out 0.00% −0.45
GE General Electric Sold out 0.00% −0.41
AOM iShares Core 40/60 Moderate Sold out 0.00% −0.37
CGBL Cap Group Core Balanced Sold out 0.00% −0.36
APD Air Products & Chemicals Inc. Sold out 0.00% −0.35
CSCO Cisco Systems Inc. Sold out 0.00% −0.35
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.35
CGMU Cap Group Municipal Income Sold out 0.00% −0.33
AMP Ameriprise Financial Inc. Sold out 0.00% −0.32
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.32
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.31
WPC WP Carey Inc. Sold out 0.00% −0.31
MA Mastercard Inc. Class A Sold out 0.00% −0.30
BX Blackstone Inc. Sold out 0.00% −0.29
JNJ Johnson & Johnson Reduce -68.1% 0.79% −0.29
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.28
NEE Nextera Energy Inc. Sold out 0.00% −0.27
MTB M & T Bank Corp. Sold out 0.00% −0.26

Portfolio Buys Q4 2024 → Q1 2025

BRK.B Berkshire Hathaway Inc. Class B Add +371.1% 17.05% +15.51
RSP Invesco S&P 500 Equal Weight New 6.10% +6.10
SPYM Ste STR SPDR PT S&P 500 ETF New 4.06% +4.06
IUSG iShares Core S&P U.S. Growth New 3.86% +3.86
COF Capital One Financial Corp. New 3.81% +3.81
SPY SS SPDR S&P 500 ETF Trust-US New 3.27% +3.27
NOBL Proshares S&P 500 Dividend A New 3.15% +3.15
IJH iShares Core S&P Midcap ETF New 3.09% +3.09
DIA SS SPDR Dow Jones Indus Avg New 2.97% +2.97
JEPI JPMorgan Equity Premium Inco Add +335.3% 3.29% +2.91
IWM iShares Russell 2000 ETF New 2.55% +2.55
IJR iShares Core S&P Small-Cap E New 2.33% +2.33
SDY SS SPDR S&P Dividend ETF New 2.32% +2.32
REGL Prshrs S&P Mid 400 DVD Arist New 2.01% +2.01
DVY iShares Select Dividend ETF New 1.98% +1.98
IUSV iShares Core S&P U.S. Value New 1.96% +1.96
DGRO iShares Core Dividend Growth New 1.50% +1.50
AEP American Electric Power New 1.31% +1.31
IDU iShares US Utilities ETF New 1.26% +1.26
XLP SS Consumer Staples Sel Sect New 1.19% +1.19
HII Huntington Ingalls Industrie New 1.14% +1.14
ITW Illinois Tool Works New 1.13% +1.13
VYM Vanguard High DVD Yield ETF New 0.85% +0.85
IWO iShares Russell 2000 Growth Add +83.4% 1.12% +0.77
IMCG iShares Morningstar Mid-Cap New 0.77% +0.77
IWF iShares Russell 1000 Growth New 0.62% +0.62
IOO iShares Global 100 ETF New 0.58% +0.58
C Citigroup Inc. New 0.57% +0.57
JOET Virtus Terranova US Qual Mom New 0.57% +0.57
AFL Aflac Inc. New 0.53% +0.53
XLE SS Energy Select Sector New 0.52% +0.52
AIVL Wisdomtree US AI Enhanced Va New 0.50% +0.50
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.48% +0.48
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.47% +0.47
XLI SS Industrial Select Sector New 0.45% +0.45
PFF iShares Preferred & Income S New 0.45% +0.45
IWD iShares Russell 1000 Value E New 0.44% +0.44
PEG Public Service Enterprise GP New 0.41% +0.41
LYB Lyondellbasell Indu Class A New 0.41% +0.41
PM Philip Morris International New 0.41% +0.41
VPU Vanguard Utilities ETF New 0.40% +0.40
MDY State Street SPDR S&P Midcap New 0.40% +0.40
SYF Synchrony Financial New 0.40% +0.40
PANW Palo Alto Networks Inc. New 0.40% +0.40
IEI iShares 3-7 Year Treasury Bo New 0.38% +0.38
MKL Markel Group Inc. New 0.37% +0.37
SOFI Sofi Technologies Inc. New 0.36% +0.36
ILCG iShares Morningstar Growth E New 0.35% +0.35
VUG Vanguard Mrngstar GR ETF-Sui New 0.34% +0.34
IJK iShares S&P Mid-Cap 400 Grow New 0.34% +0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$301.9MAVLV, CGXU, TCHP, CAVA, AAPL
Q1 2026 108$235.6MCAVA, CGXU, TCHP, AAPL, AVEM
Q4 2025 105$216.5MTCHP, AAPL, CGXU, CAVA, AVEM
Q3 2025 112$209.3MTCHP, AAPL, CGXU, CAVA, AVEM
Q2 2025 106$184.2MCAVA, TCHP, CGXU, AAPL, CGDV
Q1 2025 79$82.6MBRK.B, RSP, SPYM, IUSG, COF
Q4 2024 95$165.1MCAVA, AAPL, CGXU, TCHP, CGDV
Q3 2024 99$171.5MCAVA, AAPL, CGXU, TCHP, SAIC
Q2 2024 94$155.9MCAVA, AAPL, CGXU, TCHP, SAIC
Q1 2024 92$144.5MCAVA, AAPL, CGXU, TCHP, SAIC