Clifford Group, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Clifford Group, LLC reported 71 stock positions worth $121.1 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 21.1% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 16.9%) and Vanguard Extended Market ETF (VXF, 6.1%). Compared with Q4 2023, it opened 1 new position, sold out of 4, added to 34 and reduced 14. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +9%) and the biggest sale iShares National Muni Bond E (MUB, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- WAYLAND, MA
- CIK
- 0001965522
- Portfolio Value
- $121.1M (Q1 2024)
- SEC Filing
- 0001965522-24-000002 ↗ filed May 15, 2024
Holdings Value
Holdings 71 stocks · $121.1M
| VOO Vanguard S&P 500 ETF | 21.13% | 53,232 | $25.6M | Add +8.9% |
| SCHD Schwab US DVD Equity ETF | 16.91% | 253,997 | $20.5M | Add +2.9% |
| VXF Vanguard Extended Market ETF | 6.13% | 42,376 | $7.4M | Add +17.8% |
| EFV iShares MSCI Eafe Value ETF | 4.82% | 107,205 | $5.8M | Add +6.7% |
| MUB iShares National Muni Bond E | 3.54% | 39,859 | $4.3M | Reduce -15.5% |
| VGT Vanguard Info Tech ETF | 3.40% | 7,864 | $4.1M | Add +18.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.25% | 13,737 | $3.9M | Add +70.4% |
| MSFT Microsoft Corp. | 2.14% | 6,162 | $2.6M | Add +0.1% |
| SHM SS SPDR N Ice St Muni ETF | 1.94% | 49,613 | $2.4M | Add +2.5% |
| IWF iShares Russell 1000 Growth | 1.81% | 6,518 | $2.2M | No change |
| AMZN Amazon.com Inc. | 1.62% | 10,874 | $2.0M | Reduce -0.4% |
| SPIB SS SPDR P Int C Corp. ETF | 1.61% | 59,824 | $2.0M | Add +36.2% |
| NVDA Nvidia Corp. | 1.49% | 1,995 | $1.8M | Reduce -4.9% |
| AAPL Apple Inc. | 1.45% | 10,266 | $1.8M | Add +2.3% |
| VMBS Vanguard Mortgage-Backed Sec | 1.38% | 36,747 | $1.7M | Add +15.1% |
| IWD iShares Russell 1000 Value E | 1.33% | 8,999 | $1.6M | Reduce -1.5% |
| VNQ Vanguard Real Estate ETF | 1.27% | 17,789 | $1.5M | Add +3.4% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.26% | 54,619 | $1.5M | Reduce -12.5% |
| GOOGL Alphabet Inc. Class A | 1.11% | 8,919 | $1.3M | Add +1.1% |
| JPM JPMorgan Chase & Co. | 0.97% | 5,873 | $1.2M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.87% | 2,179 | $1.1M | No change |
| ADP Automatic Data Processing | 0.83% | 4,043 | $1.0M | No change |
| UNP Union Pacific Corp. | 0.67% | 3,304 | $812K | Add +0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.62% | 5,503 | $749K | Add +2.8% |
| PG The Procter & Gamble Co. | 0.61% | 4,533 | $736K | Add +3.9% |
| ACN Accenture PLC Class A | 0.60% | 2,097 | $727K | Add +0.5% |
| UNH Unitedhealth Group Inc. | 0.60% | 1,467 | $726K | Add +7.3% |
| TGT Target Corp. | 0.59% | 4,046 | $717K | Reduce -2.0% |
| HD Home Depot Inc. | 0.57% | 1,805 | $692K | Add +0.3% |
| GOVT iShares US Treasury Bond ETF | 0.56% | 29,789 | $678K | Add +11.6% |
| CSCO Cisco Systems Inc. | 0.56% | 13,513 | $674K | Add +14.3% |
| PSX Phillips 66 | 0.55% | 4,102 | $670K | Reduce -7.9% |
| MS Morgan Stanley | 0.55% | 7,101 | $669K | Add +7.7% |
| NEE Nextera Energy Inc. | 0.55% | 10,428 | $666K | Add +18.4% |
| PNC PNC Financial Services Group | 0.55% | 4,114 | $665K | Reduce -1.6% |
| PEP Pepsico Inc. | 0.54% | 3,761 | $658K | Add +11.3% |
| NSP Insperity Inc. | 0.54% | 5,944 | $652K | No change |
| ABT Abbott Laboratories | 0.53% | 5,653 | $643K | Add +4.3% |
| COR Cencora Inc. | 0.53% | 2,636 | $640K | Reduce -5.4% |
| CVS CVS Health Corp. | 0.52% | 7,935 | $633K | Add +12.0% |
| PLD Prologis Inc. | 0.52% | 4,804 | $626K | Add +4.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.49% | 2,398 | $599K | Add +4.3% |
| HLI Houlihan Lokey Inc. | 0.48% | 4,560 | $585K | Add +0.4% |
| UPS United Parcel Service Class B | 0.48% | 3,871 | $575K | Add +17.5% |
| TEL Te Connectivity Ltd. | 0.47% | 3,960 | $575K | Add +1.0% |
| PAYX Paychex Inc. | 0.47% | 4,647 | $571K | Add +10.6% |
| V Visa Inc. Class A | 0.47% | 2,022 | $564K | No change |
| GOOG Alphabet Inc. Class C | 0.34% | 2,739 | $417K | Reduce -6.9% |
| ADM Archer-Daniels-Midland Co. | 0.33% | 6,447 | $405K | Add +1.0% |
| COST Costco Wholesale Corp. | 0.33% | 546 | $400K | No change |
| LLY Eli Lilly & Co. | 0.31% | 485 | $377K | No change |
| IFRA iShares US Infrastructure | 0.30% | 8,512 | $369K | Reduce -28.3% |
| IUSV iShares Core S&P U.S. Value | 0.30% | 3,969 | $359K | Reduce -7.7% |
| ETN Eaton Corp. PLC | 0.29% | 1,140 | $356K | No change |
| ADI Analog Devices Inc. | 0.28% | 1,713 | $339K | No change |
| DHR Danaher Corp. | 0.28% | 1,337 | $334K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 1,374 | $314K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 518 | $301K | Add +0.4% |
| HON Honeywell International Inc. | 0.24% | 1,430 | $294K | No change |
| AVGO Broadcom Inc. | 0.24% | 220 | $292K | No change |
| GS Goldman Sachs Group Inc. | 0.24% | 691 | $289K | No change |
| CRM Salesforce Inc. | 0.24% | 957 | $288K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 666 | $280K | No change |
| ORCL Oracle Corp. | 0.23% | 2,187 | $275K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.22% | 512 | $268K | Reduce -0.2% |
| AXP American Express Co. | 0.21% | 1,136 | $259K | No change |
| MNDY Monday.com Ltd. | 0.21% | 1,141 | $258K | No change |
| AON Aon PLC Class A | 0.20% | 710 | $237K | No change |
| DE Deere & Co. | 0.19% | 566 | $232K | No change |
| BLK BlackRock Finance Inc. | 0.18% | 262 | $219K | No change |
| HLT Hilton Worldwide Holdings Inc. | 0.17% | 988 | $211K | New |
Portfolio Sells Q4 2023 → Q1 2024
| MUB iShares National Muni Bond E | Reduce -15.5% | 3.54% | −1.20 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.60 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -12.5% | 1.26% | −0.42 |
| EELV Invesco S&P Emerging Markets | Sold out | 0.00% | −0.32 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.26 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.22 |
| IFRA iShares US Infrastructure | Reduce -28.3% | 0.30% | −0.14 |
| IWD iShares Russell 1000 Value E | Reduce -1.5% | 1.33% | −0.07 |
| PNC PNC Financial Services Group | Reduce -1.6% | 0.55% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -6.9% | 0.34% | −0.04 |
| IUSV iShares Core S&P U.S. Value | Reduce -7.7% | 0.30% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 0.22% | −0.00 |
| COR Cencora Inc. | Reduce -5.4% | 0.53% | −0.00 |
| PSX Phillips 66 | Reduce -7.9% | 0.55% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 0.97% | +0.03 |
| TGT Target Corp. | Reduce -2.0% | 0.59% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 1.62% | +0.08 |
| NVDA Nvidia Corp. | Reduce -4.9% | 1.49% | +0.53 |
Portfolio Buys Q4 2023 → Q1 2024
| VOO Vanguard S&P 500 ETF | Add +8.9% | 21.13% | +1.35 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +70.4% | 3.25% | +1.31 |
| VXF Vanguard Extended Market ETF | Add +17.8% | 6.13% | +0.65 |
| VGT Vanguard Info Tech ETF | Add +18.7% | 3.40% | +0.43 |
| SPIB SS SPDR P Int C Corp. ETF | Add +36.2% | 1.61% | +0.28 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.17% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.8% | 0.62% | +0.10 |
| NEE Nextera Energy Inc. | Add +18.4% | 0.55% | +0.05 |
| AJG Arthur J Gallagher & Co. | Add +4.3% | 0.49% | +0.02 |
| PG The Procter & Gamble Co. | Add +3.9% | 0.61% | +0.01 |
| VMBS Vanguard Mortgage-Backed Sec | Add +15.1% | 1.38% | +0.01 |
| PEP Pepsico Inc. | Add +11.3% | 0.54% | +0.01 |
| PAYX Paychex Inc. | Add +10.6% | 0.47% | +0.01 |
| CVS CVS Health Corp. | Add +12.0% | 0.52% | +0.00 |
| CSCO Cisco Systems Inc. | Add +14.3% | 0.56% | +0.00 |
| MSFT Microsoft Corp. | Add +0.1% | 2.14% | −0.00 |
| UPS United Parcel Service Class B | Add +17.5% | 0.48% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +0.4% | 0.25% | −0.01 |
| HD Home Depot Inc. | Add +0.3% | 0.57% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Add +11.6% | 0.56% | −0.01 |
| MS Morgan Stanley | Add +7.7% | 0.55% | −0.02 |
| HLI Houlihan Lokey Inc. | Add +0.4% | 0.48% | −0.02 |
| ABT Abbott Laboratories | Add +4.3% | 0.53% | −0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 1.11% | −0.03 |
| EFV iShares MSCI Eafe Value ETF | Add +6.7% | 4.82% | −0.04 |
| TEL Te Connectivity Ltd. | Add +1.0% | 0.47% | −0.04 |
| PLD Prologis Inc. | Add +4.8% | 0.52% | −0.05 |
| UNH Unitedhealth Group Inc. | Add +7.3% | 0.60% | −0.07 |
| UNP Union Pacific Corp. | Add +0.8% | 0.67% | −0.08 |
| ACN Accenture PLC Class A | Add +0.5% | 0.60% | −0.08 |
| ADM Archer-Daniels-Midland Co. | Add +1.0% | 0.33% | −0.09 |
| VNQ Vanguard Real Estate ETF | Add +3.4% | 1.27% | −0.14 |
| SHM SS SPDR N Ice St Muni ETF | Add +2.5% | 1.94% | −0.20 |
| AAPL Apple Inc. | Add +2.3% | 1.45% | −0.34 |
| SCHD Schwab US DVD Equity ETF | Add +2.9% | 16.91% | −0.51 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $144.6M | VOO, MGK, LSGR, EFV, VGT |
| Q1 2026 | 80 | $129.8M | VOO, MGK, LSGR, EFV, VXF |
| Q4 2025 | 76 | $129.5M | VOO, MGK, VXF, EFV, VGT |
| Q3 2025 | 81 | $128.4M | VOO, VXF, MGK, EFV, VGT |
| Q2 2025 | 83 | $121.7M | VOO, MGK, VXF, EFV, MUB |
| Q1 2025 | 76 | $107.0M | VOO, VXF, MGK, EFV, MUB |
| Q4 2024 | 75 | $131.2M | VOO, SCHD, VXF, MGK, EFV |
| Q3 2024 | 74 | $128.6M | VOO, SCHD, VXF, MGK, EFV |
| Q2 2024 | 73 | $123.9M | VOO, SCHD, MGK, VXF, VGT |
| Q1 2024 | 71 | $121.1M | VOO, SCHD, VXF, EFV, MUB |