Clifford Group, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Clifford Group, LLC reported 75 stock positions worth $131.2 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 22.5% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 15.8%) and Vanguard Extended Market ETF (VXF, 6.8%). Compared with Q3 2024, it opened 4 new positions, sold out of 3, added to 30 and reduced 20. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +3%) and the biggest sale iShares National Muni Bond E (MUB, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- WAYLAND, MA
- CIK
- 0001965522
- Portfolio Value
- $131.2M (Q4 2024)
- SEC Filing
- 0001965522-25-000002 ↗ filed Feb 12, 2025
Holdings Value
Holdings 75 stocks · $131.2M
| VOO Vanguard S&P 500 ETF | 22.52% | 54,843 | $29.5M | Add +3.4% |
| SCHD Schwab US DVD Equity ETF | 15.77% | 757,198 | $20.7M | Add +4.4% |
| VXF Vanguard Extended Market ETF | 6.77% | 46,752 | $8.9M | Add +2.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 6.75% | 25,791 | $8.9M | Add +5.0% |
| EFV iShares MSCI Eafe Value ETF | 3.07% | 76,679 | $4.0M | Add +2.9% |
| VGT Vanguard Info Tech ETF | 2.82% | 5,949 | $3.7M | Add +2.8% |
| AMZN Amazon.com Inc. | 2.27% | 13,550 | $3.0M | Add +7.6% |
| MUB iShares National Muni Bond E | 2.20% | 27,079 | $2.9M | Reduce -26.7% |
| AAPL Apple Inc. | 2.02% | 10,604 | $2.7M | Add +0.2% |
| NVDA Nvidia Corp. | 2.02% | 19,687 | $2.6M | Add +0.5% |
| MSFT Microsoft Corp. | 1.99% | 6,204 | $2.6M | Add +0.7% |
| IWF iShares Russell 1000 Growth | 1.90% | 6,192 | $2.5M | Reduce -3.8% |
| SPIB SS SPDR P Int C Corp. ETF | 1.82% | 72,801 | $2.4M | Add +9.2% |
| SHM SS SPDR N Ice St Muni ETF | 1.56% | 43,191 | $2.0M | Add +1.1% |
| VMBS Vanguard Mortgage-Backed Sec | 1.46% | 42,358 | $1.9M | Add +9.0% |
| GOOGL Alphabet Inc. Class A | 1.27% | 8,827 | $1.7M | Add +0.3% |
| IWD iShares Russell 1000 Value E | 1.21% | 8,547 | $1.6M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 1.05% | 2,344 | $1.4M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 1.04% | 5,691 | $1.4M | Reduce -0.1% |
| ADP Automatic Data Processing | 0.90% | 4,043 | $1.2M | No change |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.81% | 40,748 | $1.1M | Reduce -34.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.81% | 5,372 | $1.1M | Add +0.5% |
| MS Morgan Stanley | 0.63% | 6,551 | $824K | Reduce -1.5% |
| ACN Accenture PLC Class A | 0.61% | 2,289 | $805K | Reduce -0.2% |
| GOVT iShares US Treasury Bond ETF | 0.61% | 34,910 | $802K | Add +9.1% |
| PG The Procter & Gamble Co. | 0.61% | 4,781 | $801K | Add +7.2% |
| UNH Unitedhealth Group Inc. | 0.57% | 1,479 | $748K | Add +0.7% |
| HLI Houlihan Lokey Inc. | 0.56% | 4,245 | $737K | Reduce -3.1% |
| UNP Union Pacific Corp. | 0.56% | 3,229 | $736K | Reduce -4.1% |
| HD Home Depot Inc. | 0.54% | 1,810 | $704K | Add +0.5% |
| CSCO Cisco Systems Inc. | 0.52% | 11,624 | $688K | Reduce -0.4% |
| VNQ Vanguard Real Estate ETF | 0.50% | 7,430 | $662K | Add +6.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.50% | 2,319 | $658K | Add +0.7% |
| PAYX Paychex Inc. | 0.50% | 4,637 | $650K | Add +0.8% |
| ABT Abbott Laboratories | 0.48% | 5,566 | $630K | Reduce -1.4% |
| V Visa Inc. Class A | 0.47% | 1,968 | $622K | No change |
| COR Cencora Inc. | 0.46% | 2,695 | $605K | Add +5.0% |
| AVGO Broadcom Inc. | 0.44% | 2,469 | $572K | Reduce -1.6% |
| NEE Nextera Energy Inc. | 0.42% | 7,601 | $545K | Reduce -21.8% |
| TEL Te Connectivity PLC | 0.41% | 3,733 | $534K | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 0.38% | 2,639 | $503K | No change |
| COST Costco Wholesale Corp. | 0.37% | 525 | $481K | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.36% | 799 | $468K | Add +5.8% |
| IFRA iShares US Infrastructure | 0.35% | 9,982 | $462K | Add +1.0% |
| NSP Insperity Inc. | 0.35% | 5,944 | $461K | No change |
| PSX Phillips 66 | 0.35% | 4,035 | $460K | Reduce -6.4% |
| GS Goldman Sachs Group Inc. | 0.30% | 691 | $396K | No change |
| ETN Eaton Corp. PLC | 0.29% | 1,130 | $375K | No change |
| LLY Eli Lilly & Co. | 0.29% | 485 | $374K | No change |
| PLD Prologis Inc. | 0.28% | 3,523 | $372K | Reduce -28.9% |
| ORCL Oracle Corp. | 0.28% | 2,189 | $365K | No change |
| ADI Analog Devices Inc. | 0.28% | 1,713 | $364K | No change |
| IUSV iShares Core S&P U.S. Value | 0.27% | 3,819 | $354K | No change |
| AXP American Express Co. | 0.26% | 1,136 | $337K | No change |
| HYMB SS SPDR N Ice HY Muni ETF | 0.26% | 13,163 | $337K | Add +10.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.25% | 1,374 | $330K | No change |
| CRM Salesforce Inc. | 0.25% | 977 | $327K | No change |
| HON Honeywell International Inc. | 0.24% | 1,373 | $310K | No change |
| TSLA Tesla Inc. | 0.23% | 750 | $303K | Reduce -8.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 666 | $302K | No change |
| PEP Pepsico Inc. | 0.23% | 1,968 | $299K | Reduce -30.3% |
| DHR Danaher Corp. | 0.22% | 1,261 | $289K | No change |
| WMT Walmart Inc. | 0.20% | 2,845 | $257K | Add +0.4% |
| BLK BlackRock Inc. | 0.20% | 250 | $256K | No change |
| AON Aon PLC Class A | 0.19% | 710 | $255K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 490 | $255K | Reduce -0.4% |
| DE Deere & Co. | 0.19% | 578 | $245K | No change |
| HLT Hilton Worldwide Holdings Inc. | 0.18% | 940 | $232K | No change |
| FIS Fidelity National Info Serv | 0.17% | 2,801 | $226K | New |
| TGT Target Corp. | 0.17% | 1,620 | $219K | Reduce -57.9% |
| PINS Pinterest Inc. Class A | 0.17% | 7,477 | $217K | No change |
| VT Vanguard Tot World STK ETF | 0.16% | 1,794 | $211K | Add +0.1% |
| GLD SPDR Gold Shares | 0.16% | 857 | $208K | New |
| ISRG Intuitive Surgical Inc. | 0.16% | 397 | $207K | New |
| KKR KKR & Co. Inc. | 0.15% | 1,353 | $200K | New |
Portfolio Sells Q3 2024 → Q4 2024
| MUB iShares National Muni Bond E | Reduce -26.7% | 2.20% | −0.92 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -34.1% | 0.81% | −0.58 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.34 |
| TGT Target Corp. | Reduce -57.9% | 0.17% | −0.30 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.26 |
| NEE Nextera Energy Inc. | Reduce -21.8% | 0.42% | −0.22 |
| PLD Prologis Inc. | Reduce -28.9% | 0.28% | −0.20 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.16 |
| PEP Pepsico Inc. | Reduce -30.3% | 0.23% | −0.15 |
| PSX Phillips 66 | Reduce -6.4% | 0.35% | −0.09 |
| UNP Union Pacific Corp. | Reduce -4.1% | 0.56% | −0.08 |
| IWD iShares Russell 1000 Value E | Reduce -0.3% | 1.21% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.4% | 0.19% | −0.04 |
| TEL Te Connectivity PLC | Reduce -0.5% | 0.41% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.48% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.2% | 0.61% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -3.8% | 1.90% | +0.02 |
| HLI Houlihan Lokey Inc. | Reduce -3.1% | 0.56% | +0.02 |
| CSCO Cisco Systems Inc. | Reduce -0.4% | 0.52% | +0.04 |
| TSLA Tesla Inc. | Reduce -8.2% | 0.23% | +0.06 |
| MS Morgan Stanley | Reduce -1.5% | 0.63% | +0.09 |
| AVGO Broadcom Inc. | Reduce -1.6% | 0.44% | +0.10 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 1.04% | +0.11 |
Portfolio Buys Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Add +3.4% | 22.52% | +0.76 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.0% | 6.75% | +0.60 |
| AMZN Amazon.com Inc. | Add +7.6% | 2.27% | +0.44 |
| VXF Vanguard Extended Market ETF | Add +2.1% | 6.77% | +0.29 |
| VGT Vanguard Info Tech ETF | Add +2.8% | 2.82% | +0.18 |
| FIS Fidelity National Info Serv | New | 0.17% | +0.17 |
| NVDA Nvidia Corp. | Add +0.5% | 2.02% | +0.17 |
| GLD SPDR Gold Shares | New | 0.16% | +0.16 |
| ISRG Intuitive Surgical Inc. | New | 0.16% | +0.16 |
| KKR KKR & Co. Inc. | New | 0.15% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 1.27% | +0.14 |
| AAPL Apple Inc. | Add +0.2% | 2.02% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.5% | 0.81% | +0.09 |
| SPIB SS SPDR P Int C Corp. ETF | Add +9.2% | 1.82% | +0.07 |
| META Meta Platforms Inc. Class A | Add +4.8% | 1.05% | +0.05 |
| VMBS Vanguard Mortgage-Backed Sec | Add +9.0% | 1.46% | +0.04 |
| GOVT iShares US Treasury Bond ETF | Add +9.1% | 0.61% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.8% | 0.36% | +0.02 |
| WMT Walmart Inc. | Add +0.4% | 0.20% | +0.02 |
| PAYX Paychex Inc. | Add +0.8% | 0.50% | +0.02 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +10.9% | 0.26% | +0.01 |
| COR Cencora Inc. | Add +5.0% | 0.46% | +0.01 |
| PG The Procter & Gamble Co. | Add +7.2% | 0.61% | +0.01 |
| COST Costco Wholesale Corp. | Add +1.2% | 0.37% | +0.01 |
| AJG Arthur J Gallagher & Co. | Add +0.7% | 0.50% | −0.00 |
| VT Vanguard Tot World STK ETF | Add +0.1% | 0.16% | −0.01 |
| IFRA iShares US Infrastructure | Add +1.0% | 0.35% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +6.4% | 0.50% | −0.02 |
| HD Home Depot Inc. | Add +0.5% | 0.54% | −0.03 |
| SHM SS SPDR N Ice St Muni ETF | Add +1.1% | 1.56% | −0.04 |
| MSFT Microsoft Corp. | Add +0.7% | 1.99% | −0.07 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 0.57% | −0.10 |
| SCHD Schwab US DVD Equity ETF | Add +4.4% | 15.77% | −0.12 |
| EFV iShares MSCI Eafe Value ETF | Add +2.9% | 3.07% | −0.27 |
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 |