Fairhaven Wealth Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), Fairhaven Wealth Management, LLC reported 123 stock positions worth $291.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 17.8% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 9.7%) and iShares Core S&P Midcap ETF (IJH, 7.9%). Compared with Q4 2023, it opened 14 new positions, sold out of 10, added to 26 and reduced 48. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +6%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −82%).

Most Recent 13F
Q4 2024
Location
Oak Brook, IL
CIK
0001767056
Portfolio Value
$291.3M (Q1 2024)
SEC Filing
0001104659-24-055751 ↗ filed May 1, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $291.3M $291.3M Q1 2024 Q2 2024: $301.8M Q2 2024 Q3 2024: $326.5M Q3 2024 Q4 2024: $319.7M Q4 2024

Holdings 123 stocks · $291.3M
IVV iShares Core S&P 500 ETF 17.81% 98,716 $51.9M Add +6.3%
IEFA iShares Core MSCI Eafe ETF 9.69% 380,380 $28.2M Add +7.3%
IJH iShares Core S&P Midcap ETF 7.94% 380,604 $23.1M Reduce -3.4%
IJR iShares Core S&P Small-Cap E 4.98% 131,308 $14.5M Reduce -11.8%
AAPL Apple Inc. 4.68% 79,503 $13.6M Add +17.9%
IEMG iShares Core MSCI Emerging 3.83% 216,399 $11.2M Add +6.1%
MSFT Microsoft Corp. 2.83% 19,576 $8.2M Add +3.8%
SCZ iShares MSCI Eafe Small-Cap 2.66% 122,377 $7.8M Reduce -6.7%
VTI VG Morningstar TS MKT ETF-US 2.19% 24,564 $6.4M Reduce -7.4%
JPM JPMorgan Chase & Co. 2.02% 29,364 $5.9M Reduce -2.1%
V Visa Inc. Class A 1.95% 20,318 $5.7M Add +12.9%
ORCL Oracle Corp. 1.92% 44,460 $5.6M Reduce -3.3%
AMZN Amazon.com Inc. 1.72% 27,741 $5.0M Reduce -2.5%
LOW Lowe's Cos Inc. 1.71% 19,585 $5.0M Reduce -2.3%
UNH Unitedhealth Group Inc. 1.69% 9,934 $4.9M Reduce -2.0%
GOOGL Alphabet Inc. Class A 1.58% 30,442 $4.6M Reduce -3.1%
MA Mastercard Inc. Class A 1.52% 9,213 $4.4M Reduce -2.6%
MRK Merck & Co. Inc. 1.37% 30,186 $4.0M Reduce -2.3%
PEP Pepsico Inc. 1.28% 21,314 $3.7M Reduce -2.3%
IQV Iqvia Holdings Inc. 1.23% 14,191 $3.6M Reduce -2.6%
SPY SS SPDR S&P 500 ETF Trust-US 1.12% 6,250 $3.3M Add +9.5%
IWF iShares Russell 1000 Growth 1.03% 8,874 $3.0M No change
BRK.B Berkshire Hathaway Inc. Class B 1.01% 6,975 $2.9M Add +31.4%
DUK Duke Energy Corp. 0.94% 28,193 $2.7M Reduce -0.3%
HON Honeywell International Inc. 0.91% 12,968 $2.7M Reduce -0.1%
XOM Exxon Mobil Corp. 0.90% 22,663 $2.6M Add +2.3%
PSA Public Storage 0.89% 8,898 $2.6M Reduce -0.2%
RTX RTX Corp. 0.86% 25,807 $2.5M Reduce -1.0%
VEU Vanguard Ftse All-World Ex-U 0.80% 39,884 $2.3M Reduce -21.6%
LYB Lyondellbasell Indu Class A 0.74% 21,195 $2.2M New
ADM Archer-Daniels-Midland Co. 0.72% 33,270 $2.1M Add +1.4%
VIG Vanguard Dividend Apprec ETF 0.59% 9,487 $1.7M Reduce -57.8%
ABT Abbott Laboratories 0.59% 15,140 $1.7M Reduce -4.4%
IWB iShares Russell 1000 ETF 0.51% 5,182 $1.5M No change
NVDA Nvidia Corp. 0.50% 1,615 $1.5M Add +0.1%
OSBC Old Second Bancorp Inc. 0.45% 94,500 $1.3M No change
MCD McDonald's Corp. 0.42% 4,317 $1.2M Add +71.9%
JNJ Johnson & Johnson 0.41% 7,464 $1.2M Add +0.1%
VOO Vanguard S&P 500 ETF 0.40% 2,441 $1.2M Add +68.2%
HD Home Depot Inc. 0.40% 3,005 $1.2M Reduce -8.7%
MUB iShares National Muni Bond E 0.39% 10,544 $1.1M Reduce -3.1%
IWD iShares Russell 1000 Value E 0.38% 6,234 $1.1M Reduce -0.5%
GOOG Alphabet Inc. Class C 0.37% 7,095 $1.1M No change
GD General Dynamics Corp. 0.37% 3,813 $1.1M Add +2.5%
AVGO Broadcom Inc. 0.30% 653 $865K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.28% 16,116 $815K Reduce -82.1%
IBDP iShares Ibonds Dec 2024 Term 0.27% 31,642 $793K Reduce -10.0%
VNQ Vanguard Real Estate ETF 0.25% 8,588 $743K Add +4.3%
IBDQ iShares Ibonds Dec 2025 Term 0.24% 28,773 $714K New
VUG Vanguard Mrngstar GR ETF-Sui 0.24% 2,037 $701K Add +5.1%
UNP Union Pacific Corp. 0.21% 2,538 $624K Reduce -0.0%
IBTE iShares Ibonds Dec 2024 Term 0.21% 25,803 $618K Reduce -3.0%
IBTF iShares Ibonds Dec 2025 Term 0.21% 26,452 $614K New
COST Costco Wholesale Corp. 0.20% 795 $582K Add +0.5%
IT Gartner Inc. 0.19% 1,182 $563K Add +5.3%
WMT Walmart Inc. 0.19% 9,330 $561K Reduce -4.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.19% 3,341 $544K No change
EFA iShares MSCI Eafe ETF 0.19% 6,775 $541K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.18% 14,581 $523K Reduce -1.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.18% 2,161 $518K Add +0.1%
CSW CSW Industrials Inc. 0.18% 2,200 $516K No change
QQQ Invesco QQQ Trust Series 1 0.17% 1,083 $481K No change
BX Blackstone Inc. 0.16% 3,606 $474K Add +0.1%
MUNI PIMCO Intermediate Municipal 0.16% 9,000 $472K No change
AZO AutoZone Inc. 0.15% 139 $438K No change
LLY Eli Lilly & Co. 0.14% 537 $418K No change
BKNG Booking Holdings Inc. 0.14% 110 $399K No change
OKE Oneok Inc. 0.13% 4,887 $392K New
QUAL iShares MSCI USA Quality Fac 0.13% 2,301 $378K Add +0.4%
ATEC Alphatec Holdings Inc. 0.13% 26,849 $370K No change
CSCO Cisco Systems Inc. 0.13% 7,410 $370K Reduce -0.2%
AFL Aflac Inc. 0.13% 4,296 $369K Reduce -0.2%
IBHD iShares Ibonds 2024 H/Y Inc. 0.13% 15,792 $368K Reduce -9.4%
OMC Omnicom Group 0.13% 3,791 $367K No change
GLD SPDR Gold Shares 0.12% 1,731 $356K No change
FISV Fiserv Inc. 0.12% 2,224 $355K Reduce -0.3%
TSLA Tesla Inc. 0.12% 1,977 $348K Add +0.8%
NDMO Nuveen Dynamic Municipal Opp 0.12% 31,175 $339K Add +186.0%
IYR iShares US Real Estate ETF 0.12% 3,730 $335K Reduce -0.3%
TRV The Travelers Cos Inc. 0.11% 1,444 $332K No change
DE Deere & Co. 0.11% 775 $318K Reduce -0.3%
QCOM Qualcomm Inc. 0.11% 1,823 $309K Reduce -0.5%
FMB First Trust Managed Municipa 0.11% 6,000 $308K No change
LMT Lockheed Martin Corp. 0.10% 655 $298K No change
RFM Rivernorth Flexible Muni 0.10% 18,236 $297K New
PG The Procter & Gamble Co. 0.10% 1,821 $295K Reduce -8.6%
XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I 0.10% 19,727 $295K New
VZ Verizon Communications Inc. 0.10% 6,953 $292K Reduce -0.3%
RMI Rivernorth Opport Muni Inc. 0.10% 18,021 $290K New
MOAT Vaneck Morningstar Wide Moat 0.10% 3,153 $283K Add +2.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 2,313 $283K Reduce -4.7%
TDOC Teladoc Health Inc. 0.09% 18,266 $276K No change
NEE Nextera Energy Inc. 0.09% 4,292 $274K Reduce -0.2%
ALGN Align Technology Inc. 0.09% 835 $274K No change
RFMZ Rivernorth Flex Muni II 0.09% 19,432 $273K New
RMMZ Rvrnrth MGD Dur Muni Inc. II filed as RIVERNORTH MANAGED DUR MUN I 0.09% 16,891 $272K New
CSX CSX Corp. 0.09% 7,184 $266K Reduce -0.1%
NZF Nuveen Municipal Credit Inc. 0.09% 21,431 $262K No change
IWR iShares Russell Mid-Cap ETF 0.09% 2,958 $249K No change
WTFC Wintrust Financial Corp. 0.09% 2,380 $248K No change
XLK SS Technology Select Sector 0.08% 1,174 $245K No change
IBHE iShares Ibonds 2025 H/Y Inc. 0.08% 10,426 $244K Add +6.7%
GS Goldman Sachs Group Inc. 0.08% 577 $241K Reduce -46.6%
ACN Accenture PLC Class A 0.08% 694 $241K Reduce -0.7%
META Meta Platforms Inc. Class A 0.08% 484 $235K New
PFE Pfizer Inc. 0.08% 8,300 $230K Reduce -20.9%
CMCSA Comcast Corp. Class A 0.08% 5,312 $230K Reduce -0.7%
ELV Elevance Health Inc. 0.08% 440 $228K Reduce -0.5%
MAT Mattel Inc. 0.08% 11,418 $226K No change
CI The Cigna Group 0.08% 610 $221K New
WM Waste Management Inc. 0.08% 1,027 $219K Reduce -29.4%
HUBB Hubbell Inc. 0.07% 511 $212K New
TT Trane Technologies PLC 0.07% 693 $208K New
HYMB SS SPDR N Ice HY Muni ETF 0.07% 8,009 $206K No change
XLF SS Financial Select Sector 0.07% 4,783 $201K New
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.07% 11,920 $193K No change
XBTAX BlackRock LNG-TRM Muni Adv 0.06% 18,899 $189K No change
MYI BlackRock Muniyield QLTY III 0.05% 13,314 $153K No change
BFK BlackRock Municipal Inc. TRST 0.05% 13,667 $141K No change
OIA Invesco Municipal Income Opp 0.04% 18,450 $120K No change
NMCO Nuveen Municipal Credit Opp 0.04% 10,703 $113K No change
RVNC Revance Therapeutics Inc. 0.03% 14,859 $73K No change
GRITSTONE BIO INC 0.01% 12,000 $31K No change

Portfolio Sells Q4 2023 → Q1 2024
VTEB Vanguard Tax-Exempt Bond ETF Reduce -82.1% 0.28% −1.41
IJR iShares Core S&P Small-Cap E Reduce -11.8% 4.98% −0.92
APD Air Products & Chemicals Inc. Sold out 0.00% −0.92
VIG Vanguard Dividend Apprec ETF Reduce -57.8% 0.59% −0.81
SCZ iShares MSCI Eafe Small-Cap Reduce -6.7% 2.66% −0.31
UNH Unitedhealth Group Inc. Reduce -2.0% 1.69% −0.27
DHR Danaher Corp. Sold out 0.00% −0.26
VEU Vanguard Ftse All-World Ex-U Reduce -21.6% 0.80% −0.24
VBR Vngrd Mrngst SL-CP Val ETF-U Sold out 0.00% −0.12
VTI VG Morningstar TS MKT ETF-US Reduce -7.4% 2.19% −0.11
PSA Public Storage Reduce -0.2% 0.89% −0.11
HON Honeywell International Inc. Reduce -0.1% 0.91% −0.08
PEP Pepsico Inc. Reduce -2.3% 1.28% −0.08
GS Goldman Sachs Group Inc. Reduce -46.6% 0.08% −0.07
DUK Duke Energy Corp. Reduce -0.3% 0.94% −0.07
IQI Invesco Quality Muni Inc. TR Sold out 0.00% −0.06
IJH iShares Core S&P Midcap ETF Reduce -3.4% 7.94% −0.06
IBDP iShares Ibonds Dec 2024 Term Reduce -10.0% 0.27% −0.05
ABT Abbott Laboratories Reduce -4.4% 0.59% −0.05
VMO Invesco Municipal Opport Sold out 0.00% −0.05
MUB iShares National Muni Bond E Reduce -3.1% 0.39% −0.04
NBH Neuberger Municipal Fund Inc. Sold out 0.00% −0.04
PMM Franklin Managed Municipal I Sold out 0.00% −0.04
LEO BNY Mellon Strategic Muni Sold out 0.00% −0.04
PFE Pfizer Inc. Reduce -20.9% 0.08% −0.03
GOOGL Alphabet Inc. Class A Reduce -3.1% 1.58% −0.03
DSM BNYM Strat Muni BND Sold out 0.00% −0.03
HD Home Depot Inc. Reduce -8.7% 0.40% −0.02
IBHD iShares Ibonds 2024 H/Y Inc. Reduce -9.4% 0.13% −0.02
IBTE iShares Ibonds Dec 2024 Term Reduce -3.0% 0.21% −0.02
WM Waste Management Inc. Reduce -29.4% 0.08% −0.02
XCMUX MFS High Yield Municipal TR Sold out 0.00% −0.02
UNP Union Pacific Corp. Reduce -0.0% 0.21% −0.01
CSCO Cisco Systems Inc. Reduce -0.2% 0.13% −0.01
IYR iShares US Real Estate ETF Reduce -0.3% 0.12% −0.01
ACN Accenture PLC Class A Reduce -0.7% 0.08% −0.01
CMCSA Comcast Corp. Class A Reduce -0.7% 0.08% −0.01
SPDW Ste STR SPDR PT DW Eu ETF Reduce -1.9% 0.18% −0.01
PG The Procter & Gamble Co. Reduce -8.6% 0.10% −0.01
DE Deere & Co. Reduce -0.3% 0.11% −0.00
AFL Aflac Inc. Reduce -0.2% 0.13% −0.00
IQV Iqvia Holdings Inc. Reduce -2.6% 1.23% −0.00
NEE Nextera Energy Inc. Reduce -0.2% 0.09% −0.00
CSX CSX Corp. Reduce -0.1% 0.09% +0.00
ELV Elevance Health Inc. Reduce -0.5% 0.08% +0.00
IWD iShares Russell 1000 Value E Reduce -0.5% 0.38% +0.00
VZ Verizon Communications Inc. Reduce -0.3% 0.10% +0.00
WMT Walmart Inc. Reduce -4.7% 0.19% +0.00
QCOM Qualcomm Inc. Reduce -0.5% 0.11% +0.01
FISV Fiserv Inc. Reduce -0.3% 0.12% +0.01

Portfolio Buys Q4 2023 → Q1 2024
IVV iShares Core S&P 500 ETF Add +6.3% 17.81% +1.58
LYB Lyondellbasell Indu Class A New 0.74% +0.74
IEFA iShares Core MSCI Eafe ETF Add +7.3% 9.69% +0.55
BRK.B Berkshire Hathaway Inc. Class B Add +31.4% 1.01% +0.31
IBDQ iShares Ibonds Dec 2025 Term New 0.24% +0.24
V Visa Inc. Class A Add +12.9% 1.95% +0.23
MSFT Microsoft Corp. Add +3.8% 2.83% +0.23
IBTF iShares Ibonds Dec 2025 Term New 0.21% +0.21
NVDA Nvidia Corp. Add +0.1% 0.50% +0.21
VOO Vanguard S&P 500 ETF Add +68.2% 0.40% +0.17
MCD McDonald's Corp. Add +71.9% 0.42% +0.15
OKE Oneok Inc. New 0.13% +0.13
SPY SS SPDR S&P 500 ETF Trust-US Add +9.5% 1.12% +0.13
RFM Rivernorth Flexible Muni New 0.10% +0.10
XRMMX Rvrnrth MGD Dur Muni Inc. New 0.10% +0.10
RMI Rivernorth Opport Muni Inc. New 0.10% +0.10
RFMZ Rivernorth Flex Muni II New 0.09% +0.09
RMMZ Rvrnrth MGD Dur Muni Inc. II New 0.09% +0.09
XOM Exxon Mobil Corp. Add +2.3% 0.90% +0.09
META Meta Platforms Inc. Class A New 0.08% +0.08
NDMO Nuveen Dynamic Municipal Opp Add +186.0% 0.12% +0.08
CI The Cigna Group New 0.08% +0.08
HUBB Hubbell Inc. New 0.07% +0.07
TT Trane Technologies PLC New 0.07% +0.07
XLF SS Financial Select Sector New 0.07% +0.07
IEMG iShares Core MSCI Emerging Add +6.1% 3.83% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +5.1% 0.24% +0.02
GD General Dynamics Corp. Add +2.5% 0.37% +0.02
COST Costco Wholesale Corp. Add +0.5% 0.20% +0.01
IT Gartner Inc. Add +5.3% 0.19% +0.01
QUAL iShares MSCI USA Quality Fac Add +0.4% 0.13% +0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.1% 0.18% +0.01
MOAT Vaneck Morningstar Wide Moat Add +2.8% 0.10% +0.00
IBHE iShares Ibonds 2025 H/Y Inc. Add +6.7% 0.08% +0.00
BX Blackstone Inc. Add +0.1% 0.16% −0.01
VNQ Vanguard Real Estate ETF Add +4.3% 0.25% −0.01
JNJ Johnson & Johnson Add +0.1% 0.41% −0.02
TSLA Tesla Inc. Add +0.8% 0.12% −0.06
AAPL Apple Inc. Add +17.9% 4.68% −0.07
ADM Archer-Daniels-Midland Co. Add +1.4% 0.72% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 116$319.7MIVV, IEFA, IJH, AAPL, IJR
Q3 2024 128$326.5MIVV, IEFA, IJH, AAPL, IJR
Q2 2024 120$301.8MIVV, IEFA, IJH, AAPL, IJR
Q1 2024 123$291.3MIVV, IEFA, IJH, IJR, AAPL