Curbstone Financial Management Corp
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 3, 2024), Curbstone Financial Management Corp reported 196 stock positions worth $467.5 million. Its top holding was SS SPDR BB Ig Float RT ETF (FLRN) at 4.3% of the portfolio, followed by State Street SPDR S&P Midcap (MDY, 3.7%) and Vanguard S/T Corp. Bond ETF (VCSH, 3.6%). Compared with Q2 2024, it opened 9 new positions, sold out of 11, added to 39 and reduced 90. The biggest buy was Schwab US DVD Equity ETF (SCHD, shares +4%) and the biggest sale Eli Lilly (LLY, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- MANCHESTER, NH
- CIK
- 0001608057
- Portfolio Value
- $467.5M (Q3 2024)
- SEC Filing
- 0001608057-24-000008 ↗ filed Oct 3, 2024
Holdings Value
Holdings 196 stocks · $467.5M
| FLRN SS SPDR BB Ig Float RT ETF | 4.27% | 646,626 | $19.9M | Add +3.4% |
| MDY State Street SPDR S&P Midcap | 3.70% | 30,366 | $17.3M | Reduce -0.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.58% | 210,486 | $16.7M | Reduce -8.5% |
| AAPL Apple Inc. | 3.44% | 69,067 | $16.1M | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 3.44% | 30,440 | $16.1M | Add +1.7% |
| SCHF Schwab Intl Equity ETF | 3.39% | 384,863 | $15.8M | Reduce -1.0% |
| SCHM Schwab US Mid Cap ETF | 3.14% | 176,517 | $14.7M | Reduce -4.1% |
| SCHG Schwab US Large-Cap Growth | 3.11% | 139,611 | $14.5M | Reduce -0.6% |
| SCHD Schwab US DVD Equity ETF | 2.36% | 130,322 | $11.0M | Add +4.5% |
| MSFT Microsoft Corp. | 2.01% | 21,800 | $9.4M | Reduce -0.7% |
| SCHA Schwab US Small-Cap ETF | 1.93% | 175,372 | $9.0M | Reduce -4.3% |
| VCIT Vanguard Int-Term Corporate | 1.76% | 98,432 | $8.2M | Reduce -4.6% |
| SCHB Schwab US Broad Market ETF | 1.57% | 110,314 | $7.3M | Reduce -4.4% |
| RSP Invesco S&P 500 Equal Weight | 1.53% | 40,017 | $7.2M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 1.45% | 36,310 | $6.8M | Reduce -5.8% |
| GOOG Alphabet Inc. Class C | 1.42% | 39,617 | $6.6M | Reduce -11.9% |
| SCHX Schwab US Large-Cap ETF | 1.34% | 92,560 | $6.3M | Add +3.7% |
| MCI Barings Corporate Investors | 1.32% | 310,004 | $6.2M | Reduce -12.0% |
| TIP iShares Tips Bond ETF | 1.21% | 51,304 | $5.7M | Reduce -0.9% |
| SCHP Schwab U.S. Tips ETF | 1.10% | 95,510 | $5.1M | Reduce -0.4% |
| HY Hyster-Yale Inc. | 1.03% | 75,616 | $4.8M | No change |
| KKR KKR & Co. Inc. | 1.02% | 36,358 | $4.7M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 1.01% | 40,138 | $4.7M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.01% | 22,300 | $4.7M | Reduce -0.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.96% | 38,184 | $4.5M | Reduce -9.6% |
| JNJ Johnson & Johnson | 0.92% | 26,452 | $4.3M | Reduce -5.0% |
| MUB iShares National Muni Bond E | 0.88% | 37,742 | $4.1M | Reduce -21.0% |
| LLY Eli Lilly & Co. | 0.86% | 4,554 | $4.0M | Reduce -31.4% |
| PFF iShares Preferred & Income S | 0.85% | 118,963 | $4.0M | Reduce -9.6% |
| CSCO Cisco Systems Inc. | 0.84% | 73,800 | $3.9M | Reduce -8.0% |
| SUB iShares Short-Term National | 0.82% | 36,250 | $3.8M | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.81% | 72,090 | $3.8M | Reduce -28.5% |
| PEP Pepsico Inc. | 0.81% | 22,170 | $3.8M | Reduce -7.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.78% | 7,928 | $3.6M | Reduce -11.0% |
| PG The Procter & Gamble Co. | 0.78% | 20,918 | $3.6M | Reduce -4.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.76% | 13,370 | $3.6M | Reduce -0.4% |
| BSCO Invesco Bulletshares 2024 CB | 0.75% | 166,010 | $3.5M | Reduce -2.6% |
| RTX RTX Corp. | 0.70% | 27,062 | $3.3M | Reduce -0.7% |
| CHKP Check Point Software Tech | 0.68% | 16,568 | $3.2M | Reduce -1.8% |
| V Visa Inc. Class A | 0.65% | 11,064 | $3.0M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 0.65% | 5,262 | $3.0M | Add +1.9% |
| EFA iShares MSCI Eafe ETF | 0.65% | 36,143 | $3.0M | No change |
| HD Home Depot Inc. | 0.61% | 7,066 | $2.9M | Reduce -2.0% |
| ABT Abbott Laboratories | 0.60% | 24,784 | $2.8M | Reduce -7.9% |
| MRK Merck & Co Inc | 0.57% | 23,546 | $2.7M | Add +2.3% |
| VRSK Verisk Analytics Inc. | 0.56% | 9,820 | $2.6M | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.56% | 89,550 | $2.6M | Add +0.2% |
| SYY Sysco Corp. | 0.50% | 29,902 | $2.3M | Add +0.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.49% | 48,350 | $2.3M | Reduce -0.8% |
| VXF Vanguard Extended Market ETF | 0.48% | 12,270 | $2.2M | Reduce -2.4% |
| WY Weyerhaeuser Co. | 0.48% | 65,750 | $2.2M | Reduce -1.4% |
| ZTS Zoetis Inc. | 0.47% | 11,340 | $2.2M | Reduce -0.9% |
| ADSK Autodesk Inc. | 0.46% | 7,810 | $2.2M | Reduce -19.6% |
| ABBV Abbvie Inc. | 0.45% | 10,543 | $2.1M | Reduce -3.5% |
| HBB Hamilton Beach Brand-A | 0.44% | 67,646 | $2.1M | No change |
| IOO iShares Global 100 ETF | 0.43% | 20,380 | $2.0M | Add +1.5% |
| CVX Chevron Corp. | 0.43% | 13,604 | $2.0M | Add +3.7% |
| HON Honeywell International Inc. | 0.42% | 9,448 | $2.0M | Add +0.0% |
| TREX Trex Company Inc. | 0.42% | 29,220 | $1.9M | Add +4.5% |
| ORCL Oracle Corp. | 0.42% | 11,402 | $1.9M | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.41% | 3,327 | $1.9M | Reduce -0.6% |
| PSX Phillips 66 | 0.41% | 14,504 | $1.9M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.41% | 22,464 | $1.9M | Reduce -0.2% |
| HOLX Hologic Inc. | 0.41% | 23,246 | $1.9M | Add +0.5% |
| PHO Invesco Water Resources ETF | 0.40% | 26,700 | $1.9M | No change |
| HACK Amplify Cybersecurity ETF | 0.40% | 27,550 | $1.9M | Add +0.7% |
| KO The Coca-Cola Co. | 0.40% | 25,704 | $1.8M | Reduce -3.4% |
| SFM Sprouts Farmers Market Inc. | 0.39% | 16,660 | $1.8M | Reduce -4.9% |
| CARR Carrier Global Corp. | 0.39% | 22,742 | $1.8M | Reduce -0.6% |
| CMCSA Comcast Corp. Class A | 0.39% | 43,158 | $1.8M | Reduce -1.4% |
| USB US Bancorp | 0.38% | 39,322 | $1.8M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 18,666 | $1.8M | Reduce -13.6% |
| TGT Target Corp. | 0.37% | 11,134 | $1.7M | Add +1.0% |
| PFE Pfizer Inc. | 0.36% | 57,959 | $1.7M | Reduce -6.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.35% | 15,070 | $1.7M | No change |
| NC Nacco Industries Class A | 0.35% | 57,542 | $1.6M | No change |
| AVAV Aerovironment Inc. | 0.35% | 8,110 | $1.6M | No change |
| AFL Aflac Inc. | 0.33% | 13,970 | $1.6M | Reduce -2.8% |
| VZ Verizon Communications Inc. | 0.33% | 34,524 | $1.6M | Reduce -6.7% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.33% | 12,758 | $1.5M | Reduce -1.7% |
| INTC Intel Corp. | 0.32% | 64,019 | $1.5M | Reduce -6.5% |
| SON Sonoco Products Co. | 0.32% | 27,350 | $1.5M | Reduce -0.7% |
| MCD McDonald's Corp. | 0.32% | 4,884 | $1.5M | No change |
| WDFC WD-40 Co. | 0.31% | 5,626 | $1.5M | Reduce -3.6% |
| CL Colgate-Palmolive Co. | 0.31% | 13,790 | $1.4M | Reduce -0.6% |
| STIP iShares 0-5 Year Tips Bond E | 0.29% | 13,550 | $1.4M | Reduce -3.9% |
| ADP Automatic Data Processing | 0.28% | 4,800 | $1.3M | Reduce -2.0% |
| ITW Illinois Tool Works | 0.28% | 5,044 | $1.3M | Add +5.3% |
| Ulta Beauty (ULTA) | 0.28% | 3,380 | $1.3M | Reduce -0.3% |
| OEF iShares S&P 100 ETF | 0.28% | 4,660 | $1.3M | No change |
| CVS CVS Health Corp. | 0.27% | 19,964 | $1.3M | Reduce -17.6% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.27% | 13,834 | $1.2M | No change |
| GOOGL Alphabet Inc. Class A | 0.27% | 7,492 | $1.2M | Add +0.2% |
| SBUX Starbucks Corp. | 0.26% | 12,510 | $1.2M | Add +1.9% |
| SCHH Schwab US REIT ETF | 0.26% | 52,532 | $1.2M | No change |
| CE Celanese Corp. | 0.26% | 8,924 | $1.2M | Reduce -23.2% |
| ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU | 0.25% | 20,830 | $1.2M | No change |
| WMT Walmart Inc. | 0.25% | 14,598 | $1.2M | Add +4.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.25% | 6,664 | $1.2M | Reduce -44.2% |
| NVDA Nvidia Corp. | 0.25% | 9,470 | $1.1M | Add +1.0% |
Portfolio Sells Q2 2024 → Q3 2024
| LLY Eli Lilly & Co. | Reduce -31.4% | 0.86% | −0.44 |
| GOOG Alphabet Inc. Class C | Reduce -11.9% | 1.42% | −0.38 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -28.5% | 0.81% | −0.31 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -8.5% | 3.58% | −0.28 |
| SHM SS SPDR N Ice St Muni ETF | Sold out | 0.00% | −0.26 |
| MUB iShares National Muni Bond E | Reduce -21.0% | 0.88% | −0.23 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -44.2% | 0.25% | −0.20 |
| AMD Advanced Micro Devices | Reduce -59.7% | 0.13% | −0.20 |
| AMZN Amazon.com Inc. | Reduce -5.8% | 1.45% | −0.17 |
| SMB Vaneck Short Muni ETF | Sold out | 0.00% | −0.16 |
| INTC Intel Corp. | Reduce -6.5% | 0.32% | −0.14 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -59.8% | 0.10% | −0.13 |
| MSFT Microsoft Corp. | Reduce -0.7% | 2.01% | −0.12 |
| BA The Boeing Co. | Sold out | 0.00% | −0.12 |
| IBMM iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.11 |
| MCI Barings Corporate Investors | Reduce -12.0% | 1.32% | −0.10 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.10 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.10 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.09 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.09 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.09 |
| SMP Standard Motor Prods | Sold out | 0.00% | −0.09 |
| BWXT BWX Technologies Inc. | Reduce -47.8% | 0.12% | −0.09 |
| DIS The Walt Disney Co. | Reduce -13.6% | 0.38% | −0.08 |
| CE Celanese Corp. | Reduce -23.2% | 0.26% | −0.08 |
| ADSK Autodesk Inc. | Reduce -19.6% | 0.46% | −0.06 |
| PFF iShares Preferred & Income S | Reduce -9.6% | 0.85% | −0.06 |
| SNX TD Synnex Corp. | Reduce -38.8% | 0.09% | −0.05 |
| TJX TJX Companies Inc. | Reduce -9.6% | 0.96% | −0.05 |
| PEP Pepsico Inc. | Reduce -7.1% | 0.81% | −0.05 |
| TROW T Rowe Price Group Inc. | Reduce -28.1% | 0.10% | −0.05 |
| CVS CVS Health Corp. | Reduce -17.6% | 0.27% | −0.04 |
| PSX Phillips 66 | Reduce -0.7% | 0.41% | −0.04 |
| EXAS Exact Sciences Corp. | Reduce -50.4% | 0.11% | −0.03 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -2.6% | 0.75% | −0.03 |
| VCIT Vanguard Int-Term Corporate | Reduce -4.6% | 1.76% | −0.03 |
| PFE Pfizer Inc. | Reduce -6.2% | 0.36% | −0.02 |
| HRL Hormel Foods Corp. | Reduce -10.5% | 0.16% | −0.01 |
| T AT&T Inc. | Reduce -21.1% | 0.10% | −0.01 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -3.9% | 0.29% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -4.3% | 0.78% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -11.0% | 0.78% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -4.4% | 1.57% | −0.01 |
| SNN Smith & Nephew PLC -Spon ADR | Reduce -21.8% | 0.09% | −0.00 |
| ABT Abbott Laboratories | Reduce -7.9% | 0.60% | −0.00 |
| Ulta Beauty (ULTA) | Reduce -0.3% | 0.28% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 1.01% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -6.7% | 0.33% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -5.7% | 0.11% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| SCHD Schwab US DVD Equity ETF | Add +4.5% | 2.36% | +0.25 |
| VOO Vanguard S&P 500 ETF | Add +1.7% | 3.44% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | New | 0.11% | +0.11 |
| GILD Gilead Sciences Inc. | New | 0.10% | +0.10 |
| TSLA Tesla Inc. | New | 0.10% | +0.10 |
| SCHX Schwab US Large-Cap ETF | Add +3.7% | 1.34% | +0.10 |
| EXPO Exponent Inc. | New | 0.10% | +0.10 |
| IRM Iron Mountain Inc. | New | 0.09% | +0.09 |
| LMT Lockheed Martin Corp. | New | 0.09% | +0.09 |
| MDT Medtronic PLC | New | 0.09% | +0.09 |
| PODD Insulet Corp. | New | 0.09% | +0.09 |
| SPLV Invesco S&P 500 Low Volatili | New | 0.09% | +0.09 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +3.4% | 4.27% | +0.08 |
| BX Blackstone Inc. | Add +13.8% | 0.24% | +0.07 |
| SBUX Starbucks Corp. | Add +1.9% | 0.26% | +0.05 |
| WMT Walmart Inc. | Add +4.2% | 0.25% | +0.05 |
| USB US Bancorp | Add +0.1% | 0.38% | +0.05 |
| LOW Lowe's Cos Inc. | Add +8.4% | 0.19% | +0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +0.2% | 0.56% | +0.04 |
| IBM Intl Business Machines Corp. | Add +11.4% | 0.15% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +15.9% | 0.23% | +0.04 |
| ITW Illinois Tool Works | Add +5.3% | 0.28% | +0.04 |
| SYY Sysco Corp. | Add +0.1% | 0.50% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +1.9% | 0.65% | +0.04 |
| HOLX Hologic Inc. | Add +0.5% | 0.41% | +0.03 |
| CSGS CSG Systems Intl Inc. | Add +0.2% | 0.22% | +0.03 |
| IPAR Interparfums Inc. | Add +17.8% | 0.12% | +0.03 |
| NSC Norfolk Southern Corp. | Add +9.0% | 0.13% | +0.03 |
| GIS General Mills Inc. | Add +3.3% | 0.14% | +0.02 |
| SPHD Invesco S&P 500 High Dividen | Add +2.9% | 0.15% | +0.02 |
| ACN Accenture PLC Class A | Add +0.4% | 0.14% | +0.02 |
| HACK Amplify Cybersecurity ETF | Add +0.7% | 0.40% | +0.02 |
| TGT Target Corp. | Add +1.0% | 0.37% | +0.02 |
| APD Air Products & Chemicals Inc. | Add +0.8% | 0.11% | +0.01 |
| DE Deere & Co. | Add +0.6% | 0.12% | +0.01 |
| IOO iShares Global 100 ETF | Add +1.5% | 0.43% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +0.4% | 0.10% | +0.01 |
| CRM Salesforce Inc. | Add +0.3% | 0.22% | +0.01 |
| CHWY Chewy Inc. Class A | Add +0.2% | 0.14% | +0.01 |
| APPF Appfolio Inc. Class A | Add +10.9% | 0.14% | +0.01 |
| OLED Universal Display Corp. | Add +7.7% | 0.13% | +0.01 |
| BAC Bank of America Corp. | Add +4.0% | 0.20% | +0.00 |
| NVDA Nvidia Corp. | Add +1.0% | 0.25% | −0.01 |
| CVX Chevron Corp. | Add +3.7% | 0.43% | −0.02 |
| HON Honeywell International Inc. | Add +0.0% | 0.42% | −0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 0.27% | −0.03 |
| TREX Trex Company Inc. | Add +4.5% | 0.42% | −0.03 |
| MRK Merck & Co Inc | Add +2.3% | 0.57% | −0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 215 | $587.0M | FLRN, SCHF, MDY, AAPL, SCHM |
| Q1 2026 | 202 | $522.6M | FLRN, SCHF, MDY, VCSH, SCHM |
| Q4 2025 | 201 | $522.7M | FLRN, SCHF, MDY, AAPL, VCSH |
| Q3 2025 | 209 | $520.1M | FLRN, MDY, SCHF, VOO, SCHG |
| Q2 2025 | 200 | $487.4M | FLRN, MDY, SCHF, VOO, VCSH |
| Q1 2025 | 192 | $474.5M | FLRN, VCSH, MDY, SCHF, VOO |
| Q4 2024 | 190 | $472.2M | FLRN, MDY, AAPL, VCSH, VOO |
| Q3 2024 | 196 | $467.5M | FLRN, MDY, VCSH, AAPL, VOO |
| Q2 2024 | 198 | $460.4M | FLRN, VCSH, MDY, AAPL, VOO |
| Q1 2024 | 188 | $462.9M | FLRN, VCSH, MDY, SCHF, SCHM |