Fiduciary Financial Group, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), Fiduciary Financial Group, LLC reported 274 stock positions worth $456.1 million. Its top holding was Apple (AAPL) at 9.1% of the portfolio, followed by Schwab Short-Term US Treas (SCHO, 7.9%) and iShares 0-3 Month Treasury B (SGOV, 4.6%). Compared with Q3 2024, it opened 43 new positions, sold out of 27, added to 120 and reduced 85. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +140%) and the biggest sale iShares MSCI South Korea ETF (EWY, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- SAN RAFAEL, CA
- CIK
- 0001925420
- Portfolio Value
- $456.1M (Q4 2024)
- SEC Filing
- 0001754960-25-000008 ↗ filed Jan 14, 2025
Holdings Value
Holdings 274 stocks · $456.1M
| AAPL Apple Inc. | 9.09% | 174,992 | $41.4M | Add +0.0% |
| SCHO Schwab Short-Term US Treas | 7.87% | 1,489,093 | $35.9M | Add +1.8% |
| SGOV iShares 0-3 Month Treasury B | 4.60% | 208,903 | $21.0M | Add +140.1% |
| DFAC Dimensional US Core Equity 2 | 4.51% | 599,856 | $20.6M | Add +3.1% |
| MOAT Vaneck Morningstar Wide Moat | 4.06% | 203,183 | $18.5M | Add +3.5% |
| DFAI Dimensional International Co. | 3.86% | 608,073 | $17.6M | Add +3.9% |
| DFIV Dimensional International Va | 3.45% | 445,065 | $15.7M | Reduce -0.0% |
| DFAE Dimensional Emerging Core Eq | 3.21% | 589,437 | $14.6M | Add +2.9% |
| BIV Vanguard Intermediate-Term B | 2.22% | 136,687 | $10.1M | Add +7.4% |
| DFAT Dimensional US Target Value | 2.12% | 176,927 | $9.7M | Add +0.4% |
| NVDA Nvidia Corp. | 2.04% | 68,361 | $9.3M | Add +2.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.82% | 28,868 | $8.3M | Add +9.8% |
| AAXJ iShares MSCI All Country Asi | 1.59% | 103,183 | $7.2M | Add +3.1% |
| FLRN SS SPDR BB Ig Float RT ETF | 1.56% | 231,132 | $7.1M | Add +2.4% |
| DUHP Dimensional US High Profi Et | 1.49% | 202,834 | $6.8M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.33% | 11,941 | $6.1M | Add +3.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.30% | 56,455 | $6.0M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 1.25% | 29,557 | $5.7M | Reduce -3.2% |
| DFLV Dim US Large Cap Value ETF | 1.25% | 190,519 | $5.7M | Add +5.5% |
| DIHP Dimensional International Hi | 1.13% | 205,618 | $5.2M | Add +5.9% |
| MUB iShares National Muni Bond E | 1.12% | 48,154 | $5.1M | Reduce -2.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.11% | 55,385 | $5.1M | Add +5.1% |
| IAU iShares Gold Trust | 1.02% | 91,876 | $4.7M | Reduce -4.3% |
| MSFT Microsoft Corp. | 0.86% | 9,309 | $3.9M | Add +4.2% |
| IWD iShares Russell 1000 Value E | 0.83% | 20,592 | $3.8M | Reduce -4.4% |
| SCHW Schwab (charles) Corp. | 0.82% | 51,503 | $3.7M | Reduce -6.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.71% | 57,377 | $3.3M | Add +15.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.71% | 16,546 | $3.2M | Add +5.1% |
| GLD SPDR Gold Shares | 0.69% | 12,629 | $3.1M | Reduce -2.2% |
| REET iShares Global REIT ETF | 0.65% | 128,038 | $3.0M | Add +6.3% |
| COIN Coinbase Global Inc. Class A | 0.65% | 11,395 | $2.9M | Add +0.1% |
| GNR State Street SPDR S&P Global | 0.64% | 57,520 | $2.9M | Reduce -26.1% |
| GOOG Alphabet Inc. Class C | 0.63% | 14,942 | $2.9M | Add +0.4% |
| IWF iShares Russell 1000 Growth | 0.61% | 6,936 | $2.8M | Add +4.6% |
| IWB iShares Russell 1000 ETF | 0.59% | 8,362 | $2.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.58% | 4,534 | $2.6M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 5,895 | $2.6M | Add +1.3% |
| EWG iShares MSCI Germany ETF | 0.50% | 70,859 | $2.3M | Reduce -2.6% |
| SGOL Abrdn Physical Gold Shares | 0.49% | 86,417 | $2.2M | Add +2.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.48% | 24,970 | $2.2M | No change |
| UAUG Innovator U.S. Equity Ultra | 0.45% | 58,579 | $2.1M | No change |
| AMZN Amazon.com Inc. | 0.44% | 9,249 | $2.0M | Add +19.5% |
| SPTS SS SPDR P St Term TSY ETF | 0.38% | 60,665 | $1.8M | Add +0.7% |
| CRM Salesforce Inc. | 0.36% | 5,116 | $1.6M | Add +10.6% |
| DFSU Dimensional US Sus CORE1 ETF | 0.35% | 42,835 | $1.6M | Add +19.4% |
| V Visa Inc. Class A | 0.35% | 5,210 | $1.6M | Add +2.0% |
| FLKR Franklin Ftse South Korea | 0.32% | 79,351 | $1.5M | New |
| PAUG Innovator U.S. Equity Power | 0.32% | 37,780 | $1.4M | No change |
| IJUN Innov Intl Dev PB ETF - June | 0.30% | 56,430 | $1.4M | No change |
| GUNR NT Mstar GLBL NR ETF | 0.29% | 36,563 | $1.3M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.29% | 3,240 | $1.3M | Add +1.3% |
| IEUR iShares Core MSCI Europe ETF | 0.29% | 24,248 | $1.3M | Reduce -1.9% |
| INDA iShares MSCI India ETF | 0.28% | 24,624 | $1.3M | Reduce -2.1% |
| META Meta Platforms Inc. Class A | 0.27% | 2,023 | $1.2M | Add +0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.27% | 7,296 | $1.2M | Add +20.1% |
| DFAU Dimensional US Core Equity M | 0.26% | 29,194 | $1.2M | Add +1.3% |
| DFAW Dimensional World Eqty ETF | 0.26% | 18,954 | $1.2M | Add +139.9% |
| EWJ iShares MSCI Japan ETF | 0.26% | 17,826 | $1.2M | Reduce -2.6% |
| VGIT Vanguard Intermediate-Term T | 0.25% | 20,000 | $1.2M | Add +0.7% |
| ANET Arista Networks Inc. | 0.25% | 9,835 | $1.1M | Add +0.1% |
| TIP iShares Tips Bond ETF | 0.24% | 10,404 | $1.1M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 0.24% | 5,741 | $1.1M | Add +3.6% |
| TSLA Tesla Inc. | 0.23% | 2,705 | $1.1M | Reduce -1.0% |
| DFAX Dimensional World Ex US Core | 0.23% | 42,624 | $1.0M | Add +6.2% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 24,276 | $1.0M | Add +5.4% |
| UJUL Innovator U.S. Equity Ultra | 0.23% | 30,156 | $1.0M | No change |
| SCMB Schwab Municipal Bond ETF | 0.22% | 40,081 | $1.0M | New |
| RWO State Street SPDR Dow Jones | 0.22% | 24,359 | $1.0M | Add +2.8% |
| IJR iShares Core S&P Small-Cap E | 0.22% | 8,819 | $997K | Add +3.1% |
| UMAR Innovator U.S. Equity Ultra | 0.22% | 27,930 | $995K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.21% | 12,501 | $939K | Add +1.0% |
| DBC Invesco DB Commodity Index T | 0.21% | 42,218 | $936K | Reduce -13.9% |
| NFLX Netflix Inc. | 0.19% | 1,039 | $870K | Reduce -8.8% |
| EWY iShares MSCI South Korea ETF | 0.19% | 16,089 | $861K | Reduce -60.8% |
| WFC Wells Fargo & Co. | 0.19% | 12,277 | $859K | Reduce -0.9% |
| USEP Innovator U.S. Equity Ultra | 0.19% | 24,257 | $850K | No change |
| VPL Vanguard Ftse Pacific ETF | 0.18% | 11,910 | $832K | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 18,271 | $824K | Reduce -6.1% |
| UFEB Innovator U.S. Equity Ultra | 0.17% | 23,800 | $793K | No change |
| PJUL Innovator U.S. Equity Power | 0.17% | 19,338 | $793K | No change |
| IAPR Innovator International Deve | 0.17% | 29,443 | $786K | No change |
| VGK Vanguard Ftse Europe ETF | 0.17% | 12,360 | $784K | Add +13.8% |
| VXUS Vanguard Total Intl Stock | 0.17% | 13,017 | $758K | Reduce -12.9% |
| DFEM Dimensional Emrg MRKT Core | 0.16% | 29,301 | $749K | Add +15.6% |
| IVV iShares Core S&P 500 ETF | 0.16% | 1,282 | $748K | Reduce -2.4% |
| UAPR Innovator U.S. Equity Ultra | 0.16% | 24,238 | $745K | No change |
| AVGO Broadcom Inc. | 0.16% | 3,300 | $740K | Add +83.3% |
| VEA Vanguard Ftse Developed ETF | 0.16% | 15,433 | $734K | Add +83.0% |
| CVX Chevron Corp. | 0.16% | 4,783 | $733K | Add +2.7% |
| JPM JPMorgan Chase & Co. | 0.16% | 3,051 | $732K | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.16% | 6,800 | $725K | Add +33.0% |
| DFIC Dimensional International Co. | 0.15% | 27,605 | $706K | Add +93.6% |
| CSCO Cisco Systems Inc. | 0.15% | 11,676 | $686K | Reduce -1.0% |
| MRK Merck & Co. Inc. | 0.15% | 6,871 | $682K | Add +4.4% |
| VOO Vanguard S&P 500 ETF | 0.15% | 1,253 | $669K | New |
| DCOR Dimensional US Core Eq 1 ETF | 0.15% | 10,447 | $665K | New |
| HD Home Depot Inc. | 0.14% | 1,683 | $656K | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.14% | 1,829 | $642K | Reduce -1.6% |
| LLY Eli Lilly & Co. | 0.14% | 787 | $630K | Add +89.2% |
| JNJ Johnson & Johnson | 0.14% | 4,370 | $621K | Add +5.8% |
Options reported separately and not counted above: QQQ puts ($3.0M), SPY puts ($580K).
Portfolio Sells Q3 2024 → Q4 2024
| EWY iShares MSCI South Korea ETF | Reduce -60.8% | 0.19% | −0.41 |
| DFIV Dimensional International Va | Reduce -0.0% | 3.45% | −0.40 |
| GNR State Street SPDR S&P Global | Reduce -26.1% | 0.64% | −0.38 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.6% | 1.30% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.2% | 1.25% | −0.13 |
| IWD iShares Russell 1000 Value E | Reduce -4.4% | 0.83% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -2.0% | 1.12% | −0.10 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.10 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.10 |
| SO The Southern Co. | Sold out | 0.00% | −0.10 |
| AN Autonation Inc. | Sold out | 0.00% | −0.10 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.09 |
| DOW Dow Inc. | Sold out | 0.00% | −0.09 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.09 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.09 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -29.8% | 0.13% | −0.08 |
| BG Bunge Global SA | Sold out | 0.00% | −0.08 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.08 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.08 |
| TKR Timken Co. | Sold out | 0.00% | −0.08 |
| CNC Centene Corp. | Sold out | 0.00% | −0.08 |
| OC Owens Corning | Sold out | 0.00% | −0.08 |
| PM Philip Morris International | Sold out | 0.00% | −0.07 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.07 |
| GPK Graphic Packaging Holding Co. | Sold out | 0.00% | −0.07 |
| SPTN Spartannash Co. | Sold out | 0.00% | −0.07 |
| IAU iShares Gold Trust | Reduce -4.3% | 1.02% | −0.07 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.06 |
| GRMN Garmin Ltd. | Sold out | 0.00% | −0.06 |
| DBC Invesco DB Commodity Index T | Reduce -13.9% | 0.21% | −0.05 |
| INDA iShares MSCI India ETF | Reduce -2.1% | 0.28% | −0.05 |
| VXUS Vanguard Total Intl Stock | Reduce -12.9% | 0.17% | −0.05 |
| EWG iShares MSCI Germany ETF | Reduce -2.6% | 0.50% | −0.05 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -49.5% | 0.07% | −0.05 |
| RMR RMR Group Inc./the - A | Sold out | 0.00% | −0.05 |
| IEUR iShares Core MSCI Europe ETF | Reduce -1.9% | 0.29% | −0.05 |
| ED Consolidated Edison Inc. | Reduce -33.7% | 0.06% | −0.05 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.05 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.05 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.05 |
| EWJ iShares MSCI Japan ETF | Reduce -2.6% | 0.26% | −0.04 |
| MCHI iShares MSCI China ETF | Reduce -24.4% | 0.06% | −0.04 |
| ALL Allstate Corp. | Reduce -24.8% | 0.09% | −0.04 |
| LNT Alliant Energy Corp. | Reduce -33.1% | 0.06% | −0.04 |
| GLD SPDR Gold Shares | Reduce -2.2% | 0.69% | −0.03 |
| VPL Vanguard Ftse Pacific ETF | Reduce -0.7% | 0.18% | −0.03 |
| SVC Service Pptys TR | Reduce -50.2% | 0.01% | −0.03 |
| BCX BlackRock Resources & Commod | Reduce -21.1% | 0.07% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| SGOV iShares 0-3 Month Treasury B | Add +140.1% | 4.60% | +2.59 |
| FLKR Franklin Ftse South Korea | New | 0.32% | +0.32 |
| GUNR NT Mstar GLBL NR ETF | New | 0.29% | +0.29 |
| SCMB Schwab Municipal Bond ETF | New | 0.22% | +0.22 |
| COIN Coinbase Global Inc. Class A | Add +0.1% | 0.65% | +0.21 |
| VOO Vanguard S&P 500 ETF | New | 0.15% | +0.15 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.15% | +0.15 |
| DFAW Dimensional World Eqty ETF | Add +139.9% | 0.26% | +0.14 |
| GVA Granite Construction Inc. | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | Add +19.5% | 0.44% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.8% | 1.82% | +0.11 |
| AVGO Broadcom Inc. | Add +83.3% | 0.16% | +0.09 |
| SCHK Schwab 1000 Index ETF | New | 0.09% | +0.09 |
| TGT Target Corp. | New | 0.07% | +0.07 |
| AEP American Electric Power | New | 0.07% | +0.07 |
| DRI Darden Restaurants Inc. | New | 0.07% | +0.07 |
| LRCX Lam Research Corp. | New | 0.07% | +0.07 |
| KGC Kinross Gold Corp. | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.63% | +0.07 |
| VXF Vanguard Extended Market ETF | New | 0.07% | +0.07 |
| DELL Dell Technologies -C | New | 0.07% | +0.07 |
| SKX Skechers USA Inc. Class A | New | 0.07% | +0.07 |
| GBTC Grayscale Bitcoin Trust ETF | Add +1.0% | 0.21% | +0.07 |
| DFIC Dimensional International Co. | Add +93.6% | 0.15% | +0.06 |
| NKE Nike Inc. Class B | New | 0.06% | +0.06 |
| DUK Duke Energy Corp. | New | 0.06% | +0.06 |
| IAUG Innov in DVLP PWRB ETF - Aug | New | 0.06% | +0.06 |
| GNRC Generac Holdings Inc. | New | 0.06% | +0.06 |
| DMC Del Monte Corp. | New | 0.06% | +0.06 |
| GPN Global Payments Inc. | New | 0.06% | +0.06 |
| KALU Kaiser Aluminum Corp. | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | New | 0.06% | +0.06 |
| YELP Yelp Inc. | New | 0.06% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +83.0% | 0.16% | +0.06 |
| PSFF Pacer Swan Sos Fund of Funds | New | 0.06% | +0.06 |
| OCSL Oaktree Specialty Lending Co. | New | 0.06% | +0.06 |
| TROW T Rowe Price Group Inc. | New | 0.06% | +0.06 |
| ENOV Enovis Corp. | New | 0.06% | +0.06 |
| XLF SS Financial Select Sector | New | 0.05% | +0.05 |
| DEO Diageo PLC-Sponsored ADR | New | 0.05% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +85.1% | 0.12% | +0.05 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.05% | +0.05 |
| LLY Eli Lilly & Co. | Add +89.2% | 0.14% | +0.05 |
| VALE Vale SA-SP ADR | New | 0.05% | +0.05 |
| SCHD Schwab US DVD Equity ETF | New | 0.05% | +0.05 |
| VGT Vanguard Info Tech ETF | New | 0.05% | +0.05 |
| IJH iShares Core S&P Midcap ETF | New | 0.05% | +0.05 |
| INOV Inno Int Dev Power Buff Nov | New | 0.05% | +0.05 |
| AOA iShares Core 80/20 Aggressiv | New | 0.05% | +0.05 |
| ETHE Grayscale Ethereum Staking E | New | 0.05% | +0.05 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | New | 6,000 | $3.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 1,000 | $580K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 373 | $882.4M | SGOV, AAPL, SCHO, DFAC, DFIV |
| Q1 2026 | 345 | $754.1M | SGOV, SCHO, AAPL, DFIV, DFAC |
| Q4 2025 | 329 | $708.0M | SGOV, AAPL, SCHO, DFAC, DFIV |
| Q3 2025 | 322 | $633.0M | AAPL, SCHO, SGOV, DFAC, DFIV |
| Q2 2025 | 298 | $553.2M | SCHO, AAPL, SGOV, DFAC, DFAI |
| Q1 2025 | 283 | $459.5M | SCHO, AAPL, DFAC, SGOV, DFAI |
| Q4 2024 | 274 | $456.1M | AAPL, SCHO, SGOV, DFAC, MOAT |
| Q3 2024 | 258 | $435.5M | AAPL, SCHO, DFAC, MOAT, DFAI |
| Q2 2024 | 255 | $414.1M | AAPL, SCHO, DFAC, MOAT, DFAI |