Family Firm, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), Family Firm, Inc. reported 196 stock positions worth $410.4 million. Its top holding was iShares Russell 3000 ETF (IWV) at 15.1% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 7.7%) and Vanguard Total Bond Market (BND, 5.2%). Compared with Q4 2023, it opened 14 new positions, sold out of 6, added to 108 and reduced 52. The biggest buy was a new position in Encompass Health (EHC) and the biggest sale Saba Capital Income & Opport (SABA, shares −67%).

Most Recent 13F
Q2 2025
Location
BETHESDA, MD
CIK
0001602603
Portfolio Value
$410.4M (Q1 2024)
SEC Filing
0001602603-24-000002 ↗ filed May 1, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $410.4M $410.4M Q1 2024 Q2 2024: $448.5M Q2 2024 Q3 2024: $456.8M Q3 2024 Q4 2024: $449.6M Q4 2024 Q1 2025: $447.7M Q1 2025 Q2 2025: $414.9M Q2 2025

Holdings 196 stocks · $410.4M
IWV iShares Russell 3000 ETF 15.14% 207,017 $62.1M Reduce -3.9%
VEA Vanguard Ftse Developed ETF 7.73% 632,754 $31.7M Add +0.9%
BND Vanguard Total Bond Market 5.21% 294,298 $21.4M Add +4.5%
STIP iShares 0-5 Year Tips Bond E 3.41% 140,749 $14.0M Add +2.8%
IVV iShares Core S&P 500 ETF 3.25% 25,398 $13.4M Reduce -1.0%
IGE iShares North American Natur 2.94% 268,139 $12.1M Add +1.4%
TIP iShares Tips Bond ETF 2.23% 104,191 $9.2M Add +21.3%
VTHR Vanguard Russell 3000 2.23% 39,235 $9.1M Reduce -2.5%
IJS iShares S&P Small-Cap 600 Va 1.81% 72,201 $7.4M Add +1.8%
FLTR Vaneck Ig Floating Rate ETF 1.78% 286,137 $7.3M Reduce -1.3%
SCHB Schwab US Broad Market ETF 1.76% 118,537 $7.2M Add +8.0%
AAPL Apple Inc. 1.55% 37,192 $6.4M Reduce -0.2%
IGOV iShares International Treasu 1.54% 193,763 $6.3M Add +30.9%
VNQ Vanguard Real Estate ETF 1.33% 62,943 $5.4M Add +0.1%
AGG iShares Core U.S. Aggregate 1.29% 54,175 $5.3M Add +6.6%
EFA iShares MSCI Eafe ETF 1.27% 65,348 $5.2M Add +1.7%
NVDA Nvidia Corp. 1.17% 5,316 $4.8M Add +0.0%
IXC iShares Global Energy ETF 1.17% 111,367 $4.8M Reduce -3.0%
TOTL SS Doubleline TR Tact ETF 1.16% 118,521 $4.7M Add +0.8%
VWO Vanguard Ftse Emerging Marke 1.15% 112,790 $4.7M Reduce -3.7%
VOOV Vanguard S&P 500 Value ETF 1.14% 25,839 $4.7M Reduce -5.1%
WIP State Street SPDR Ftse Inter 1.11% 113,718 $4.5M Add +1.4%
IVW iShares S&P 500 Growth ETF 1.06% 51,539 $4.4M Add +0.1%
VSS Vanguard Ftse All Wo X-US SC 1.05% 36,850 $4.3M Reduce -0.8%
ICF iShares Select U.S. REIT ETF 1.01% 72,045 $4.2M Add +7.0%
VDE Vanguard Energy ETF 0.88% 27,287 $3.6M Add +1.0%
IJR iShares Core S&P Small-Cap E 0.83% 30,830 $3.4M Reduce -0.9%
IWB iShares Russell 1000 ETF 0.79% 11,314 $3.3M Add +0.3%
IJT iShares S&P Small-Cap 600 GR 0.77% 24,140 $3.2M Add +5.7%
IEV iShares Europe ETF 0.75% 55,259 $3.1M Reduce -0.9%
SCHA Schwab US Small-Cap ETF 0.65% 54,512 $2.7M Reduce -4.4%
AFL Aflac Inc. 0.63% 29,917 $2.6M Add +0.0%
EMF Templeton Emerging Markets 0.61% 211,049 $2.5M Add +2.3%
IYG iShares U.S. Financial Servi 0.61% 37,840 $2.5M No change
SHY iShares 1-3 Year Treasury Bo 0.60% 29,940 $2.4M Add +10.0%
BHK BlackRock Core Bond Trust 0.60% 226,184 $2.4M Add +0.9%
RMT Royce Micro-Cap Trust Inc. 0.58% 252,093 $2.4M Reduce -7.8%
IJJ iShares S&P Mid-Cap 400 Valu 0.57% 19,647 $2.3M Reduce -2.0%
BOND PIMCO Active Bond Exchange-T 0.56% 25,104 $2.3M Add +5.3%
EHC Encompass Health Corp. 0.53% 26,232 $2.2M New
IWC iShares Micro-Cap ETF 0.50% 16,941 $2.1M Reduce -1.7%
IEF iShares 7-10 Year Treasury B 0.49% 21,432 $2.0M Add +0.5%
EEM iShares MSCI Emerging Market 0.49% 49,337 $2.0M Add +4.3%
IDU iShares US Utilities ETF 0.49% 23,847 $2.0M Reduce -0.6%
ABERDEEN ASIA PACIFIC INCOM filed as ABRDN ASIA PACIFIC INCOME FU 0.49% 717,997 $2.0M Add +8.6%
IFGL iShares International Develo 0.48% 92,579 $2.0M Reduce -7.0%
IVE iShares S&P 500 Value ETF 0.47% 10,258 $1.9M Reduce -2.1%
XLE SS Energy Select Sector 0.47% 20,283 $1.9M Reduce -1.4%
XFFCX Flaherty & Crumrine Pref Inc. 0.46% 127,757 $1.9M Reduce -4.8%
IJH iShares Core S&P Midcap ETF 0.42% 28,585 $1.7M Reduce -2.2%
IUSG iShares Core S&P U.S. Growth 0.41% 14,389 $1.7M Reduce -0.3%
VTI VG Morningstar TS MKT ETF-US 0.38% 6,064 $1.6M Add +0.3%
IBB iShares Biotechnology ETF 0.38% 11,430 $1.6M Reduce -1.9%
PBW Invesco Wilderhill Clean Ene 0.38% 67,378 $1.6M Add +12.3%
IXJ iShares Global Healthcare Et 0.37% 16,464 $1.5M Reduce -1.2%
XME SS SPDR S&P Metals Mining 0.37% 25,215 $1.5M Add +8.7%
SCZ iShares MSCI Eafe Small-Cap 0.37% 23,947 $1.5M Reduce -2.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.37% 7,893 $1.5M Reduce -0.0%
MSFT Microsoft Corp. 0.37% 3,586 $1.5M Add +0.2%
IWM iShares Russell 2000 ETF 0.36% 7,052 $1.5M Add +0.2%
IAT iShares US Regional Banks Et 0.35% 32,765 $1.4M Reduce -0.9%
GOVT iShares US Treasury Bond ETF 0.34% 61,337 $1.4M Add +28.3%
IJK iShares S&P Mid-Cap 400 Grow 0.32% 14,421 $1.3M Reduce -2.4%
IWN iShares Russell 2000 Value E 0.31% 7,979 $1.3M Reduce -3.0%
COST Costco Wholesale Corp. 0.29% 1,636 $1.2M Add +0.1%
PICK iShares MSCI Global Metals & 0.29% 28,628 $1.2M Reduce -1.0%
XOM Exxon Mobil Corp. 0.29% 10,112 $1.2M Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.27% 2,609 $1.1M Reduce -93.7%
IGM iShares Expanded Tech Sector 0.27% 12,674 $1.1M No change
EWC iShares MSCI Canada ETF 0.27% 28,516 $1.1M Reduce -0.0%
VB Vanguard Most SM-Cap ETF-Usd 0.26% 4,753 $1.1M Add +0.3%
TLT iShares 20+ Year Treasury BD 0.26% 11,419 $1.1M Add +4.5%
LRCX Lam Research Corp. 0.26% 1,087 $1.1M Add +0.3%
ISHG iShares -3 Year Internationa 0.25% 14,820 $1.0M Add +0.6%
JPXN iShares JPX-Nikkei 400 ETF 0.24% 13,160 $987K Reduce -5.1%
SABA Saba Capital Income & Opport 0.24% 257,537 $984K Reduce -67.3%
GPN Global Payments Inc. 0.24% 7,233 $967K Add +1.3%
ITB iShares U.S. Home Constructi 0.23% 8,263 $957K Reduce -4.5%
JPM JPMorgan Chase & Co. 0.22% 4,602 $922K Add +4.9%
XLY SS Consumer Disc Select Sect 0.22% 4,833 $889K Add +0.1%
GOOGL Alphabet Inc. Class A 0.21% 5,809 $877K Reduce -3.3%
MRK Merck & Co. Inc. 0.21% 6,615 $873K Add +0.5%
ABBV Abbvie Inc. 0.21% 4,787 $872K Add +0.7%
RING iShares MSCI Global Gold Min 0.21% 34,170 $864K Add +1.6%
ILF iShares Latin America 40 ETF 0.20% 29,233 $831K Reduce -0.1%
PEP Pepsico Inc. 0.19% 4,532 $793K Add +0.3%
IYE iShares U.S. Energy ETF 0.19% 15,839 $782K Add +5.6%
LLY Eli Lilly & Co. 0.19% 1,002 $779K Add +0.1%
VGK Vanguard Ftse Europe ETF 0.19% 11,561 $779K Reduce -4.3%
EWZ iShares MSCI Brazil ETF 0.18% 22,588 $732K Reduce -9.8%
TAN Invesco Solar ETF 0.17% 15,621 $709K Add +8.2%
IHE iShares US Pharmaceuticals E 0.16% 9,928 $674K Reduce -4.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 3,367 $643K Add +0.1%
PAYX Paychex Inc. 0.15% 5,122 $629K Add +0.1%
XJQCX Nuveen Credit Strategies Inc. 0.15% 112,692 $628K Reduce -2.0%
XBI SS SPDR S&P Biotech ETF 0.15% 6,545 $621K Reduce -3.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.15% 2,369 $618K Add +0.1%
MCK McKesson Corp. 0.15% 1,139 $611K Add +0.1%
AMZN Amazon.com Inc. 0.15% 3,380 $610K No change
JXI iShares Global Utilities ETF 0.15% 10,313 $609K No change

Show all 196 holdings

Portfolio Sells Q4 2023 → Q1 2024
SABA Saba Capital Income & Opport Reduce -67.3% 0.24% −0.53
AAPL Apple Inc. Reduce -0.2% 1.55% −0.30
FLTR Vaneck Ig Floating Rate ETF Reduce -1.3% 1.78% −0.10
VWO Vanguard Ftse Emerging Marke Reduce -3.7% 1.15% −0.09
IFGL iShares International Develo Reduce -7.0% 0.48% −0.08
IWV iShares Russell 3000 ETF Reduce -3.9% 15.14% −0.08
RMT Royce Micro-Cap Trust Inc. Reduce -7.8% 0.58% −0.07
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.07
CABO Cable One Inc. Sold out 0.00% −0.06
CARE Carter Bankshares Inc. Sold out 0.00% −0.06
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.06
IYC iShares US Consumer Discreti Sold out 0.00% −0.05
VSS Vanguard Ftse All Wo X-US SC Reduce -0.8% 1.05% −0.05
EWZ iShares MSCI Brazil ETF Reduce -9.8% 0.18% −0.05
VOOV Vanguard S&P 500 Value ETF Reduce -5.1% 1.14% −0.04
SCHA Schwab US Small-Cap ETF Reduce -4.4% 0.65% −0.04
IJR iShares Core S&P Small-Cap E Reduce -0.9% 0.83% −0.04
PICK iShares MSCI Global Metals & Reduce -1.0% 0.29% −0.03
IBB iShares Biotechnology ETF Reduce -1.9% 0.38% −0.03
BDJ BlackRock Enhanced Eqty DVD Sold out 0.00% −0.03
IJJ iShares S&P Mid-Cap 400 Valu Reduce -2.0% 0.57% −0.02
IYZ iShares US Telecommunication Reduce -12.8% 0.09% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -2.6% 0.37% −0.02
IWN iShares Russell 2000 Value E Reduce -3.0% 0.31% −0.02
XFFCX Flaherty & Crumrine Pref Inc. Reduce -4.8% 0.46% −0.02
ILF iShares Latin America 40 ETF Reduce -0.1% 0.20% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -14.3% 0.11% −0.02
IWC iShares Micro-Cap ETF Reduce -1.7% 0.50% −0.02
VGK Vanguard Ftse Europe ETF Reduce -4.3% 0.19% −0.01
IEV iShares Europe ETF Reduce -0.9% 0.75% −0.01
EWA iShares MSCI Australia ETF Reduce -8.2% 0.08% −0.01
IAT iShares US Regional Banks Et Reduce -0.9% 0.35% −0.01
EFV iShares MSCI Eafe Value ETF Reduce -3.6% 0.12% −0.01
VHT Vanguard Health Care ETF Reduce -10.3% 0.06% −0.01
MAR Marriott International Class A Reduce -9.4% 0.12% −0.01
XBI SS SPDR S&P Biotech ETF Reduce -3.2% 0.15% −0.00
EWC iShares MSCI Canada ETF Reduce -0.0% 0.27% −0.00
IDU iShares US Utilities ETF Reduce -0.6% 0.49% −0.00
ADP Automatic Data Processing Reduce -4.5% 0.09% −0.00
IVE iShares S&P 500 Value ETF Reduce -2.1% 0.47% −0.00
GOOGL Alphabet Inc. Class A Reduce -3.3% 0.21% −0.00
JPXN iShares JPX-Nikkei 400 ETF Reduce -5.1% 0.24% −0.00
GOOG Alphabet Inc. Class C Reduce -4.9% 0.09% −0.00
XJQCX Nuveen Credit Strategies Inc. Reduce -2.0% 0.15% −0.00
IHE iShares US Pharmaceuticals E Reduce -4.0% 0.16% −0.00
IXJ iShares Global Healthcare Et Reduce -1.2% 0.37% +0.00
IOO iShares Global 100 ETF Reduce -2.1% 0.06% +0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -0.0% 0.37% +0.00
PHM Pultegroup Inc. Reduce -6.2% 0.12% +0.00
IJH iShares Core S&P Midcap ETF Reduce -2.2% 0.42% +0.01

Portfolio Buys Q4 2023 → Q1 2024
EHC Encompass Health Corp. New 0.53% +0.53
NVDA Nvidia Corp. Add +0.0% 1.17% +0.49
SCHB Schwab US Broad Market ETF Add +8.0% 1.76% +0.19
IGE iShares North American Natur Add +1.4% 2.94% +0.16
IVW iShares S&P 500 Growth ETF Add +0.1% 1.06% +0.06
GE General Electric New 0.06% +0.06
BAC Bank of America Corp. New 0.06% +0.06
VDE Vanguard Energy ETF Add +1.0% 0.88% +0.06
GOVT iShares US Treasury Bond ETF Add +28.3% 0.34% +0.06
SYY Sysco Corp. New 0.05% +0.05
EWJ iShares MSCI Japan ETF New 0.05% +0.05
TM Toyota Motor Corp. -Spon ADR New 0.05% +0.05
ASML ASML Holding NV-NY Reg SHS New 0.05% +0.05
AMP Ameriprise Financial Inc. New 0.05% +0.05
PGR Progressive Corp. New 0.05% +0.05
CDNS Cadence Design SYS Inc. New 0.05% +0.05
PSX Phillips 66 New 0.05% +0.05
CVS CVS Health Corp. New 0.05% +0.05
TRV The Travelers Cos Inc. New 0.05% +0.05
LLY Eli Lilly & Co. Add +0.1% 0.19% +0.04
LRCX Lam Research Corp. Add +0.3% 0.26% +0.04
JPM JPMorgan Chase & Co. Add +4.9% 0.22% +0.03
IJT iShares S&P Small-Cap 600 GR Add +5.7% 0.77% +0.03
IWB iShares Russell 1000 ETF Add +0.3% 0.79% +0.03
EHAB Enhabit Inc. New 0.03% +0.03
MPC Marathon Petroleum Corp. Add +0.5% 0.13% +0.03
ABERDEEN ASIA PACIFIC INCOM Add +8.6% 0.49% +0.03
MRK Merck & Co. Inc. Add +0.5% 0.21% +0.03
XOM Exxon Mobil Corp. Add +0.3% 0.29% +0.03
MU Micron Technology Inc. Add +0.1% 0.11% +0.03
VEGI iShares MSCI Agriculture Pro Add +40.3% 0.09% +0.02
ABBV Abbvie Inc. Add +0.7% 0.21% +0.02
EFA iShares MSCI Eafe ETF Add +1.7% 1.27% +0.02
AMD Advanced Micro Devices Add +1.9% 0.14% +0.02
SHY iShares 1-3 Year Treasury Bo Add +10.0% 0.60% +0.02
MSFT Microsoft Corp. Add +0.2% 0.37% +0.02
IYE iShares U.S. Energy ETF Add +5.6% 0.19% +0.02
AMAT Applied Materials Inc. Add +0.2% 0.10% +0.02
DIS The Walt Disney Co. Add +0.3% 0.07% +0.02
WFC Wells Fargo & Co. Add +8.5% 0.09% +0.01
IBM Intl Business Machines Corp. Add +0.1% 0.16% +0.01
CI The Cigna Group Add +0.3% 0.11% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.3% 0.38% +0.01
COST Costco Wholesale Corp. Add +0.1% 0.29% +0.01
MLM Martin Marietta Materials Add +0.1% 0.10% +0.01
MCK McKesson Corp. Add +0.1% 0.15% +0.01
XME SS SPDR S&P Metals Mining Add +8.7% 0.37% +0.01
VT Vanguard Tot World STK ETF Add +8.4% 0.12% +0.01
FAST Fastenal Co. Add +0.1% 0.09% +0.01
LOW Lowe's Cos Inc. Add +0.4% 0.12% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 87$414.9MIWV, VEA, BND, STIP, IVV
Q1 2025 214$447.7MIWV, VEA, BND, STIP, IGE
Q4 2024 212$449.6MIWV, VEA, BND, STIP, IVV
Q3 2024 211$456.8MIWV, VEA, BND, IVV, STIP
Q2 2024 889$448.5MIWV, VEA, BND, STIP, IVV
Q1 2024 196$410.4MIWV, VEA, BND, STIP, IVV