Clifford Group, LLC

Name: Clifford Group, LLC 13F holdings, Q2 2024
Creator: Clifford Group, LLC
Published: 2024-08-12

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Clifford Group, LLC reported 73 stock positions worth $123.9 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 21.0% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 15.2%) and Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 6.9%). Compared with Q1 2024, it opened 3 new positions, sold out of 1, added to 18 and reduced 32. The biggest buy was Vngrd Mrgstr MG CP GR ETF-Ui (MGK, shares +99%) and the biggest sale iShares MSCI Eafe Value ETF (EFV, shares −38%).

Most Recent 13F: Q2 2026
Location: WAYLAND, MA
CIK: 0001965522
Portfolio Value: $123.9M (Q2 2024)
SEC Filing: 0001965522-24-000003 ↗ filed Aug 12, 2024

Holdings Value

Holdings 73 stocks · $123.9M


VOO Vanguard S&P 500 ETF	20.98%	51,969	$26.0M	Reduce -2.4%
SCHD Schwab US DVD Equity ETF	15.23%	242,540	$18.9M	Reduce -4.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	6.92%	27,279	$8.6M	Add +98.6%
VXF Vanguard Extended Market ETF	6.19%	45,416	$7.7M	Add +7.2%
VGT Vanguard Info Tech ETF	3.70%	7,948	$4.6M	Add +1.1%
MUB iShares National Muni Bond E	3.41%	39,675	$4.2M	Reduce -0.5%
EFV iShares MSCI Eafe Value ETF	2.86%	66,750	$3.5M	Reduce -37.7%
MSFT Microsoft Corp.	2.22%	6,144	$2.7M	Reduce -0.3%
AMZN Amazon.com Inc.	1.98%	12,709	$2.5M	Add +16.9%
NVDA Nvidia Corp.	1.95%	19,547	$2.4M	Reduce -2.0%
IWF iShares Russell 1000 Growth	1.91%	6,497	$2.4M	Reduce -0.3%
AAPL Apple Inc.	1.74%	10,239	$2.2M	Reduce -0.3%
SHM SS SPDR N Ice St Muni ETF	1.69%	44,279	$2.1M	Reduce -10.8%
SPIB SS SPDR P Int C Corp. ETF	1.65%	62,953	$2.0M	Add +5.2%
SPTL SS SPDR PF LNG TRM TSY E-Usd	1.51%	68,654	$1.9M	Add +25.7%
VMBS Vanguard Mortgage-Backed Sec	1.42%	38,741	$1.8M	Add +5.4%
GOOGL Alphabet Inc. Class A	1.29%	8,778	$1.6M	Reduce -1.6%
IWD iShares Russell 1000 Value E	1.25%	8,901	$1.6M	Reduce -1.1%
JPM JPMorgan Chase & Co.	0.94%	5,774	$1.2M	Reduce -1.7%
META Meta Platforms Inc. Class A	0.89%	2,179	$1.1M	No change
ADP Automatic Data Processing	0.78%	4,043	$965K	No change
TSM Taiwan Semiconductor-SP ADR	0.77%	5,484	$953K	Reduce -0.3%
UNP Union Pacific Corp.	0.61%	3,360	$760K	Add +1.7%
UNH Unitedhealth Group Inc.	0.61%	1,481	$754K	Add +0.9%
PG The Procter & Gamble Co.	0.60%	4,510	$744K	Reduce -0.5%
NEE Nextera Energy Inc.	0.58%	10,086	$714K	Reduce -3.3%
GOVT iShares US Treasury Bond ETF	0.57%	31,121	$702K	Add +4.5%
ACN Accenture PLC Class A	0.56%	2,286	$694K	Add +9.0%
MS Morgan Stanley	0.55%	6,991	$679K	Reduce -1.6%
CSCO Cisco Systems Inc.	0.51%	13,316	$633K	Reduce -1.5%
HD Home Depot Inc.	0.51%	1,829	$630K	Add +1.3%
VNQ Vanguard Real Estate ETF	0.50%	7,410	$621K	Reduce -58.4%
PEP Pepsico Inc.	0.50%	3,744	$618K	Reduce -0.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.49%	2,349	$609K	Reduce -2.0%
HLI Houlihan Lokey Inc.	0.49%	4,485	$605K	Reduce -1.6%
ABT Abbott Laboratories	0.48%	5,756	$598K	Add +1.8%
TEL Te Connectivity Ltd.	0.47%	3,898	$586K	Reduce -1.6%
COR Cencora Inc.	0.47%	2,601	$586K	Reduce -1.3%
PSX Phillips 66	0.46%	4,068	$574K	Reduce -0.8%
TGT Target Corp.	0.46%	3,858	$571K	Reduce -4.7%
PLD Prologis Inc.	0.45%	4,952	$556K	Add +3.1%
PAYX Paychex Inc.	0.44%	4,620	$548K	Reduce -0.6%
NSP Insperity Inc.	0.44%	5,944	$542K	No change
UPS United Parcel Service Class B	0.43%	3,888	$532K	Add +0.4%
V Visa Inc. Class A	0.43%	2,022	$531K	No change
GOOG Alphabet Inc. Class C	0.39%	2,639	$484K	Reduce -3.6%
COST Costco Wholesale Corp.	0.38%	546	$464K	No change
CVS CVS Health Corp.	0.36%	7,527	$445K	Reduce -5.1%
LLY Eli Lilly & Co.	0.35%	485	$439K	No change
ADM Archer-Daniels-Midland Co.	0.33%	6,771	$409K	Add +5.0%
IFRA iShares US Infrastructure	0.32%	9,547	$402K	Add +12.2%
ADI Analog Devices Inc.	0.32%	1,713	$391K	No change
ETN Eaton Corp. PLC	0.29%	1,130	$354K	Reduce -0.9%
AVGO Broadcom Inc.	0.28%	212	$341K	Reduce -3.6%
IUSV iShares Core S&P U.S. Value	0.27%	3,819	$337K	Reduce -3.8%
DHR Danaher Corp.	0.26%	1,306	$326K	Reduce -2.3%
GS Goldman Sachs Group Inc.	0.25%	691	$313K	No change
ORCL Oracle Corp.	0.25%	2,187	$309K	No change
HON Honeywell International Inc.	0.25%	1,430	$305K	No change
HYMB SS SPDR N Ice HY Muni ETF	0.24%	11,927	$303K	New
VB Vanguard Most SM-Cap ETF-Usd	0.24%	1,374	$300K	No change
TMO Thermo Fisher Scientific Inc.	0.23%	518	$286K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.23%	523	$285K	Add +2.1%
MNDY Monday.com Ltd.	0.22%	1,141	$275K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.22%	666	$271K	No change
AXP American Express Co.	0.21%	1,136	$263K	No change
CRM Salesforce Inc.	0.20%	957	$246K	No change
HLT Hilton Worldwide Holdings Inc.	0.17%	988	$216K	No change
DE Deere & Co.	0.17%	566	$211K	No change
AON Aon PLC Class A	0.17%	710	$209K	No change
BLK BlackRock Finance Inc.	0.17%	262	$206K	No change
VT Vanguard Tot World STK ETF	0.16%	1,793	$202K	New
MCHP Microchip Technology Inc.	0.16%	2,193	$201K	New

Portfolio Sells Q1 2024 → Q2 2024


EFV iShares MSCI Eafe Value ETF	Reduce -37.7%	2.86%	−1.96
SCHD Schwab US DVD Equity ETF	Reduce -4.5%	15.23%	−1.68
VNQ Vanguard Real Estate ETF	Reduce -58.4%	0.50%	−0.77
PNC PNC Financial Services Group	Sold out	0.00%	−0.55
SHM SS SPDR N Ice St Muni ETF	Reduce -10.8%	1.69%	−0.26
CVS CVS Health Corp.	Reduce -5.1%	0.36%	−0.16
VOO Vanguard S&P 500 ETF	Reduce -2.4%	20.98%	−0.14
TGT Target Corp.	Reduce -4.7%	0.46%	−0.13
MUB iShares National Muni Bond E	Reduce -0.5%	3.41%	−0.13
PSX Phillips 66	Reduce -0.8%	0.46%	−0.09
IWD iShares Russell 1000 Value E	Reduce -1.1%	1.25%	−0.08
COR Cencora Inc.	Reduce -1.3%	0.47%	−0.06
CSCO Cisco Systems Inc.	Reduce -1.5%	0.51%	−0.05
PEP Pepsico Inc.	Reduce -0.5%	0.50%	−0.04
PAYX Paychex Inc.	Reduce -0.6%	0.44%	−0.03
JPM JPMorgan Chase & Co.	Reduce -1.7%	0.94%	−0.03
IUSV iShares Core S&P U.S. Value	Reduce -3.8%	0.27%	−0.02
DHR Danaher Corp.	Reduce -2.3%	0.26%	−0.01
ETN Eaton Corp. PLC	Reduce -0.9%	0.29%	−0.01
PG The Procter & Gamble Co.	Reduce -0.5%	0.60%	−0.01
MS Morgan Stanley	Reduce -1.6%	0.55%	−0.00
AJG Arthur J Gallagher & Co.	Reduce -2.0%	0.49%	−0.00
TEL Te Connectivity Ltd.	Reduce -1.6%	0.47%	−0.00
HLI Houlihan Lokey Inc.	Reduce -1.6%	0.49%	+0.01
NEE Nextera Energy Inc.	Reduce -3.3%	0.58%	+0.03
AVGO Broadcom Inc.	Reduce -3.6%	0.28%	+0.03
GOOG Alphabet Inc. Class C	Reduce -3.6%	0.39%	+0.05
MSFT Microsoft Corp.	Reduce -0.3%	2.22%	+0.08
IWF iShares Russell 1000 Growth	Reduce -0.3%	1.91%	+0.10
TSM Taiwan Semiconductor-SP ADR	Reduce -0.3%	0.77%	+0.15
GOOGL Alphabet Inc. Class A	Reduce -1.6%	1.29%	+0.18
AAPL Apple Inc.	Reduce -0.3%	1.74%	+0.29
NVDA Nvidia Corp.	Reduce -2.0%	1.95%	+0.46

Portfolio Buys Q1 2024 → Q2 2024


MGK Vngrd Mrgstr MG CP GR ETF-Ui	Add +98.6%	6.92%	+3.67
AMZN Amazon.com Inc.	Add +16.9%	1.98%	+0.36
VGT Vanguard Info Tech ETF	Add +1.1%	3.70%	+0.30
SPTL SS SPDR PF LNG TRM TSY E-Usd	Add +25.7%	1.51%	+0.25
HYMB SS SPDR N Ice HY Muni ETF	New	0.24%	+0.24
VT Vanguard Tot World STK ETF	New	0.16%	+0.16
MCHP Microchip Technology Inc.	New	0.16%	+0.16
VXF Vanguard Extended Market ETF	Add +7.2%	6.19%	+0.06
SPIB SS SPDR P Int C Corp. ETF	Add +5.2%	1.65%	+0.04
VMBS Vanguard Mortgage-Backed Sec	Add +5.4%	1.42%	+0.04
IFRA iShares US Infrastructure	Add +12.2%	0.32%	+0.02
UNH Unitedhealth Group Inc.	Add +0.9%	0.61%	+0.01
SPY SS SPDR S&P 500 ETF Trust-US	Add +2.1%	0.23%	+0.01
GOVT iShares US Treasury Bond ETF	Add +4.5%	0.57%	+0.01
ADM Archer-Daniels-Midland Co.	Add +5.0%	0.33%	−0.00
ACN Accenture PLC Class A	Add +9.0%	0.56%	−0.04
UPS United Parcel Service Class B	Add +0.4%	0.43%	−0.05
ABT Abbott Laboratories	Add +1.8%	0.48%	−0.05
UNP Union Pacific Corp.	Add +1.7%	0.61%	−0.06
HD Home Depot Inc.	Add +1.3%	0.51%	−0.06
PLD Prologis Inc.	Add +3.1%	0.45%	−0.07

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