Clifford Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Clifford Group, LLC reported 76 stock positions worth $107.0 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 28.6% of the portfolio, followed by Vanguard Extended Market ETF (VXF, 8.0%) and Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 7.8%). Compared with Q4 2024, it opened 6 new positions, sold out of 5, added to 26 and reduced 31. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +9%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- WAYLAND, MA
- CIK
- 0001965522
- Portfolio Value
- $107.0M (Q1 2025)
- SEC Filing
- 0001965522-25-000005 ↗ filed May 15, 2025
Holdings Value
Holdings 76 stocks · $107.0M
| VOO Vanguard S&P 500 ETF | 28.65% | 59,676 | $30.7M | Add +8.8% |
| VXF Vanguard Extended Market ETF | 8.05% | 50,009 | $8.6M | Add +7.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 7.81% | 27,067 | $8.4M | Add +5.0% |
| EFV iShares MSCI Eafe Value ETF | 4.79% | 86,927 | $5.1M | Add +13.4% |
| MUB iShares National Muni Bond E | 4.19% | 42,588 | $4.5M | Add +57.3% |
| VGT Vanguard Info Tech ETF | 3.09% | 6,106 | $3.3M | Add +2.6% |
| AMZN Amazon.com Inc. | 2.42% | 13,605 | $2.6M | Add +0.4% |
| AAPL Apple Inc. | 2.20% | 10,590 | $2.4M | Reduce -0.1% |
| MSFT Microsoft Corp. | 2.12% | 6,041 | $2.3M | Reduce -2.6% |
| SHM SS SPDR N Ice St Muni ETF | 2.05% | 46,086 | $2.2M | Add +6.7% |
| IWF iShares Russell 1000 Growth | 2.05% | 6,069 | $2.2M | Reduce -2.0% |
| NVDA Nvidia Corp. | 2.02% | 19,933 | $2.2M | Add +1.3% |
| VMBS Vanguard Mortgage-Backed Sec | 1.82% | 42,113 | $2.0M | Reduce -0.6% |
| IWD iShares Russell 1000 Value E | 1.45% | 8,247 | $1.6M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 1.31% | 5,737 | $1.4M | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 1.28% | 8,856 | $1.4M | Add +0.3% |
| META Meta Platforms Inc. Class A | 1.28% | 2,371 | $1.4M | Add +1.1% |
| ADP Automatic Data Processing | 1.15% | 4,043 | $1.2M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.84% | 5,408 | $898K | Add +0.7% |
| GOVT iShares US Treasury Bond ETF | 0.75% | 34,733 | $798K | Reduce -0.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.71% | 2,197 | $758K | Reduce -5.3% |
| V Visa Inc. Class A | 0.67% | 2,054 | $720K | Add +4.4% |
| MS Morgan Stanley | 0.66% | 6,063 | $707K | Reduce -7.5% |
| COR Cencora Inc. | 0.64% | 2,459 | $684K | Reduce -8.8% |
| UNP Union Pacific Corp. | 0.63% | 2,876 | $679K | Reduce -10.9% |
| PG The Procter & Gamble Co. | 0.62% | 3,917 | $668K | Reduce -18.1% |
| UNH Unitedhealth Group Inc. | 0.61% | 1,244 | $652K | Reduce -15.9% |
| HLI Houlihan Lokey Inc. | 0.61% | 4,033 | $651K | Reduce -5.0% |
| VNQ Vanguard Real Estate ETF | 0.57% | 6,765 | $613K | Reduce -8.9% |
| HD Home Depot Inc. | 0.55% | 1,608 | $589K | Reduce -11.2% |
| PAYX Paychex Inc. | 0.53% | 3,684 | $568K | Reduce -20.6% |
| CSCO Cisco Systems Inc. | 0.53% | 9,141 | $564K | Reduce -21.4% |
| ACN Accenture PLC Class A | 0.51% | 1,749 | $546K | Reduce -23.6% |
| NSP Insperity Inc. | 0.50% | 5,944 | $530K | No change |
| ABT Abbott Laboratories | 0.49% | 3,978 | $528K | Reduce -28.5% |
| COST Costco Wholesale Corp. | 0.46% | 525 | $497K | No change |
| NEE Nextera Energy Inc. | 0.44% | 6,691 | $474K | Reduce -12.0% |
| IFRA iShares US Infrastructure | 0.44% | 10,472 | $472K | Add +4.9% |
| PSX Phillips 66 | 0.39% | 3,395 | $419K | Reduce -15.9% |
| KVYO Klaviyo Inc. Class A | 0.39% | 13,783 | $417K | New |
| TEL Te Connectivity PLC | 0.39% | 2,942 | $416K | Reduce -21.2% |
| AVGO Broadcom Inc. | 0.39% | 2,469 | $413K | No change |
| GOOG Alphabet Inc. Class C | 0.39% | 2,639 | $412K | No change |
| LLY Eli Lilly & Co. | 0.38% | 490 | $405K | Add +1.0% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.36% | 15,188 | $383K | Add +15.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.35% | 676 | $378K | Reduce -15.4% |
| GS Goldman Sachs Group Inc. | 0.35% | 691 | $377K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 673 | $358K | Add +1.1% |
| IUSV iShares Core S&P U.S. Value | 0.33% | 3,819 | $352K | No change |
| ADI Analog Devices Inc. | 0.32% | 1,713 | $345K | No change |
| PEP Pepsico Inc. | 0.31% | 2,211 | $331K | Add +12.3% |
| ETN Eaton Corp. PLC | 0.29% | 1,148 | $312K | Add +1.6% |
| ORCL Oracle Corp. | 0.29% | 2,187 | $306K | Reduce -0.1% |
| AXP American Express Co. | 0.29% | 1,136 | $306K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.28% | 1,374 | $305K | No change |
| PLD Prologis Inc. | 0.28% | 2,685 | $300K | Reduce -23.8% |
| AON Aon PLC Class A | 0.26% | 710 | $283K | No change |
| HON Honeywell International Inc. | 0.26% | 1,317 | $279K | Reduce -4.1% |
| FIS Fidelity National Info Serv | 0.26% | 3,700 | $276K | Add +32.1% |
| DE Deere & Co. | 0.25% | 578 | $271K | No change |
| CRM Salesforce Inc. | 0.25% | 1,000 | $268K | Add +2.4% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 517 | $257K | Add +5.5% |
| WMT Walmart Inc. | 0.24% | 2,870 | $252K | Add +0.9% |
| DHR Danaher Corp. | 0.23% | 1,211 | $248K | Reduce -4.0% |
| TGT Target Corp. | 0.21% | 2,201 | $230K | Add +35.9% |
| BLK BlackRock Inc. | 0.21% | 241 | $228K | Reduce -3.6% |
| UPS United Parcel Service Class B | 0.21% | 2,018 | $222K | New |
| MCK McKesson Corp. | 0.21% | 329 | $221K | New |
| SPOT Spotify Technology SA | 0.21% | 400 | $220K | New |
| ORLY O'reilly Automotive Inc. | 0.20% | 153 | $219K | New |
| HLT Hilton Worldwide Holdings Inc. | 0.20% | 940 | $214K | No change |
| VT Vanguard Tot World STK ETF | 0.19% | 1,793 | $208K | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 0.19% | 7,358 | $206K | Reduce -99.0% |
| PINS Pinterest Inc. Class A | 0.19% | 6,570 | $204K | Reduce -12.1% |
| ISRG Intuitive Surgical Inc. | 0.19% | 407 | $202K | Add +2.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 728 | $200K | New |
Portfolio Sells Q4 2024 → Q1 2025
| SCHD Schwab US DVD Equity ETF | Reduce -99.0% | 0.19% | −15.58 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −1.82 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Sold out | 0.00% | −0.81 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.23 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.16 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.15 |
| ACN Accenture PLC Class A | Reduce -23.6% | 0.51% | −0.10 |
| TEL Te Connectivity PLC | Reduce -21.2% | 0.39% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.4% | 0.35% | −0.00 |
| PLD Prologis Inc. | Reduce -23.8% | 0.28% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -21.4% | 0.53% | +0.00 |
| ORCL Oracle Corp. | Reduce -0.1% | 0.29% | +0.01 |
| DHR Danaher Corp. | Reduce -4.0% | 0.23% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -18.1% | 0.62% | +0.01 |
| ABT Abbott Laboratories | Reduce -28.5% | 0.49% | +0.01 |
| HD Home Depot Inc. | Reduce -11.2% | 0.55% | +0.01 |
| BLK BlackRock Inc. | Reduce -3.6% | 0.21% | +0.02 |
| HON Honeywell International Inc. | Reduce -4.1% | 0.26% | +0.02 |
| PINS Pinterest Inc. Class A | Reduce -12.1% | 0.19% | +0.03 |
| NEE Nextera Energy Inc. | Reduce -12.0% | 0.44% | +0.03 |
| MS Morgan Stanley | Reduce -7.5% | 0.66% | +0.03 |
| VT Vanguard Tot World STK ETF | Reduce -0.1% | 0.19% | +0.03 |
| PAYX Paychex Inc. | Reduce -20.6% | 0.53% | +0.04 |
| UNH Unitedhealth Group Inc. | Reduce -15.9% | 0.61% | +0.04 |
| PSX Phillips 66 | Reduce -15.9% | 0.39% | +0.04 |
| HLI Houlihan Lokey Inc. | Reduce -5.0% | 0.61% | +0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -8.9% | 0.57% | +0.07 |
| UNP Union Pacific Corp. | Reduce -10.9% | 0.63% | +0.07 |
| MSFT Microsoft Corp. | Reduce -2.6% | 2.12% | +0.13 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.5% | 0.75% | +0.13 |
| IWF iShares Russell 1000 Growth | Reduce -2.0% | 2.05% | +0.15 |
| AAPL Apple Inc. | Reduce -0.1% | 2.20% | +0.17 |
| COR Cencora Inc. | Reduce -8.8% | 0.64% | +0.18 |
| AJG Arthur J Gallagher & Co. | Reduce -5.3% | 0.71% | +0.21 |
| IWD iShares Russell 1000 Value E | Reduce -3.5% | 1.45% | +0.24 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -0.6% | 1.82% | +0.36 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Add +8.8% | 28.65% | +6.13 |
| MUB iShares National Muni Bond E | Add +57.3% | 4.19% | +2.00 |
| EFV iShares MSCI Eafe Value ETF | Add +13.4% | 4.79% | +1.72 |
| VXF Vanguard Extended Market ETF | Add +7.0% | 8.05% | +1.28 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.0% | 7.81% | +1.06 |
| SHM SS SPDR N Ice St Muni ETF | Add +6.7% | 2.05% | +0.49 |
| KVYO Klaviyo Inc. Class A | New | 0.39% | +0.39 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 1.31% | +0.27 |
| VGT Vanguard Info Tech ETF | Add +2.6% | 3.09% | +0.27 |
| META Meta Platforms Inc. Class A | Add +1.1% | 1.28% | +0.23 |
| UPS United Parcel Service Class B | New | 0.21% | +0.21 |
| MCK McKesson Corp. | New | 0.21% | +0.21 |
| SPOT Spotify Technology SA | New | 0.21% | +0.21 |
| ORLY O'reilly Automotive Inc. | New | 0.20% | +0.20 |
| V Visa Inc. Class A | Add +4.4% | 0.67% | +0.20 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.19% | +0.19 |
| AMZN Amazon.com Inc. | Add +0.4% | 2.42% | +0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.1% | 0.33% | +0.10 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +15.4% | 0.36% | +0.10 |
| LLY Eli Lilly & Co. | Add +1.0% | 0.38% | +0.09 |
| IFRA iShares US Infrastructure | Add +4.9% | 0.44% | +0.09 |
| FIS Fidelity National Info Serv | Add +32.1% | 0.26% | +0.09 |
| PEP Pepsico Inc. | Add +12.3% | 0.31% | +0.08 |
| TGT Target Corp. | Add +35.9% | 0.21% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +5.5% | 0.24% | +0.05 |
| WMT Walmart Inc. | Add +0.9% | 0.24% | +0.04 |
| ISRG Intuitive Surgical Inc. | Add +2.5% | 0.19% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.7% | 0.84% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 1.28% | +0.01 |
| ETN Eaton Corp. PLC | Add +1.6% | 0.29% | +0.01 |
| NVDA Nvidia Corp. | Add +1.3% | 2.02% | +0.00 |
| CRM Salesforce Inc. | Add +2.4% | 0.25% | +0.00 |
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 |