Fiduciary Financial Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Fiduciary Financial Group, LLC reported 283 stock positions worth $459.5 million. Its top holding was Schwab Short-Term US Treas (SCHO) at 8.5% of the portfolio, followed by Apple (AAPL, 7.2%) and Dimensional US Core Equity 2 (DFAC, 4.2%). Compared with Q4 2024, it opened 47 new positions, sold out of 38, added to 113 and reduced 96. The biggest buy was Schwab Short-Term US Treas (SCHO, shares +9%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SAN RAFAEL, CA
- CIK
- 0001925420
- Portfolio Value
- $459.5M (Q1 2025)
- SEC Filing
- 0001754960-25-000185 ↗ filed Apr 15, 2025
Holdings Value
Holdings 283 stocks · $459.5M
| SCHO Schwab Short-Term US Treas | 8.55% | 1,616,486 | $39.3M | Add +8.6% |
| AAPL Apple Inc. | 7.19% | 173,521 | $33.0M | Reduce -0.8% |
| DFAC Dimensional US Core Equity 2 | 4.23% | 634,751 | $19.4M | Add +5.8% |
| SGOV iShares 0-3 Month Treasury B | 3.97% | 181,609 | $18.2M | Reduce -13.1% |
| DFAI Dimensional International Co. | 3.96% | 616,273 | $18.2M | Add +1.4% |
| DFIV Dimensional International Va | 3.75% | 473,678 | $17.2M | Add +6.4% |
| MOAT Vaneck Morningstar Wide Moat | 3.45% | 198,410 | $15.9M | Reduce -2.4% |
| DFAE Dimensional Emerging Core Eq | 3.12% | 594,954 | $14.3M | Add +0.9% |
| BIV Vanguard Intermediate-Term B | 2.34% | 142,575 | $10.7M | Add +4.3% |
| DFAT Dimensional US Target Value | 1.83% | 181,281 | $8.4M | Add +2.5% |
| FLRN SS SPDR BB Ig Float RT ETF | 1.68% | 254,367 | $7.7M | Add +10.1% |
| NVDA Nvidia Corp. | 1.65% | 70,290 | $7.6M | Add +2.8% |
| AAXJ iShares MSCI All Country Asi | 1.62% | 109,048 | $7.4M | Add +5.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.56% | 27,836 | $7.2M | Reduce -3.6% |
| MUB iShares National Muni Bond E | 1.55% | 69,123 | $7.1M | Add +43.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.51% | 65,947 | $6.9M | Add +16.8% |
| DUHP Dimensional US High Profi Et | 1.49% | 222,194 | $6.8M | Add +9.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.42% | 71,396 | $6.5M | Add +28.9% |
| DFLV Dim US Large Cap Value ETF | 1.28% | 210,764 | $5.9M | Add +10.6% |
| IAU iShares Gold Trust | 1.28% | 98,101 | $5.9M | Add +6.8% |
| DIHP Dimensional International Hi | 1.27% | 228,269 | $5.8M | Add +11.0% |
| VIG Vanguard Dividend Apprec ETF | 1.18% | 29,769 | $5.4M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.10% | 11,374 | $5.1M | Reduce -4.8% |
| GNR State Street SPDR S&P Global | 1.06% | 101,626 | $4.9M | Add +76.7% |
| MSFT Microsoft Corp. | 0.81% | 9,731 | $3.7M | Add +4.5% |
| SCHW Schwab (charles) Corp. | 0.81% | 50,156 | $3.7M | Reduce -2.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.79% | 63,909 | $3.6M | Add +11.4% |
| IWD iShares Russell 1000 Value E | 0.76% | 20,233 | $3.5M | Reduce -1.7% |
| DFAU Dimensional US Core Equity M | 0.76% | 97,144 | $3.5M | Add +232.8% |
| GLD SPDR Gold Shares | 0.75% | 11,811 | $3.5M | Reduce -6.5% |
| REET iShares Global REIT ETF | 0.74% | 151,972 | $3.4M | Add +18.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.74% | 21,166 | $3.4M | Add +190.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.69% | 6,108 | $3.2M | Add +3.6% |
| IWF iShares Russell 1000 Growth | 0.67% | 8,968 | $3.1M | Add +29.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.59% | 15,937 | $2.7M | Reduce -3.7% |
| SGOL Abrdn Physical Gold Shares | 0.55% | 83,083 | $2.5M | Reduce -3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 4,776 | $2.5M | Add +5.3% |
| IWB iShares Russell 1000 ETF | 0.52% | 8,362 | $2.4M | No change |
| EWG iShares MSCI Germany ETF | 0.51% | 65,403 | $2.3M | Reduce -7.7% |
| GOOG Alphabet Inc. Class C | 0.50% | 14,735 | $2.3M | Reduce -1.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.48% | 24,970 | $2.2M | No change |
| EWY iShares MSCI South Korea ETF | 0.46% | 40,904 | $2.1M | Add +154.2% |
| DFIC Dimensional International Co. | 0.46% | 80,594 | $2.1M | Add +191.9% |
| UAUG Innovator U.S. Equity Ultra | 0.43% | 58,579 | $2.0M | No change |
| DFEM Dimensional Emrg MRKT Core | 0.43% | 79,489 | $2.0M | Add +171.3% |
| COIN Coinbase Global Inc. Class A | 0.42% | 11,396 | $1.9M | Add +0.0% |
| AMZN Amazon.com Inc. | 0.39% | 10,012 | $1.8M | Add +8.3% |
| SPTS SS SPDR P St Term TSY ETF | 0.35% | 55,276 | $1.6M | Reduce -8.9% |
| MCD McDonald's Corp. | 0.35% | 5,175 | $1.6M | Add +187.3% |
| V Visa Inc. Class A | 0.32% | 4,532 | $1.5M | Reduce -13.0% |
| VOO Vanguard S&P 500 ETF | 0.31% | 2,989 | $1.4M | Add +138.6% |
| IJUN Innov Intl Dev PB ETF - June | 0.31% | 56,430 | $1.4M | No change |
| PAUG Innovator U.S. Equity Power | 0.30% | 37,780 | $1.4M | No change |
| BKLN Invesco Senior Loan ETF | 0.29% | 64,845 | $1.3M | New |
| IEUR iShares Core MSCI Europe ETF | 0.28% | 22,513 | $1.3M | Reduce -7.2% |
| INDA iShares MSCI India ETF | 0.27% | 24,156 | $1.2M | Reduce -1.9% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 28,560 | $1.2M | Add +17.6% |
| CRM Salesforce Inc. | 0.24% | 4,315 | $1.1M | Reduce -15.7% |
| VGIT Vanguard Intermediate-Term T | 0.24% | 18,355 | $1.1M | Reduce -8.2% |
| META Meta Platforms Inc. Class A | 0.23% | 1,968 | $1.1M | Reduce -2.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 2,998 | $1.1M | Reduce -7.5% |
| DFAX Dimensional World Ex US Core | 0.23% | 43,029 | $1.1M | Add +0.9% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.23% | 42,824 | $1.0M | New |
| TIP iShares Tips Bond ETF | 0.22% | 9,540 | $1.0M | Reduce -8.3% |
| EWJ iShares MSCI Japan ETF | 0.22% | 15,664 | $1.0M | Reduce -12.1% |
| SCHK Schwab 1000 Index ETF | 0.22% | 39,766 | $1.0M | Add +180.0% |
| GOOGL Alphabet Inc. Class A | 0.22% | 6,563 | $1.0M | Add +14.3% |
| UJUL Innovator U.S. Equity Ultra | 0.21% | 30,156 | $977K | No change |
| VEA Vanguard Ftse Developed ETF | 0.20% | 19,271 | $927K | Add +24.9% |
| NFLX Netflix Inc. | 0.20% | 995 | $917K | Reduce -4.2% |
| VT Vanguard Tot World STK ETF | 0.20% | 8,387 | $913K | Add +64.3% |
| DFSV Dimensional US Small Cap Val | 0.19% | 35,728 | $893K | New |
| CMF iShares California Muni Bond | 0.19% | 15,932 | $878K | New |
| IJR iShares Core S&P Small-Cap E | 0.19% | 9,299 | $876K | Add +5.4% |
| DBC Invesco DB Commodity Index T | 0.19% | 42,218 | $871K | No change |
| JPM JPMorgan Chase & Co. | 0.19% | 3,813 | $866K | Add +25.0% |
| RWO State Street SPDR Dow Jones | 0.19% | 21,385 | $866K | Reduce -12.2% |
| IAPR Innovator International Deve | 0.19% | 32,079 | $852K | Add +8.9% |
| UMAR Innovator U.S. Equity Ultra | 0.18% | 23,705 | $823K | Reduce -15.1% |
| VGK Vanguard Ftse Europe ETF | 0.18% | 12,340 | $821K | Reduce -0.2% |
| UFEB Innovator U.S. Equity Ultra | 0.18% | 25,693 | $813K | Add +8.0% |
| USEP Innovator U.S. Equity Ultra | 0.18% | 24,257 | $811K | No change |
| JNJ Johnson & Johnson | 0.18% | 5,444 | $810K | Add +24.6% |
| WFC Wells Fargo & Co. | 0.17% | 12,645 | $798K | Add +3.0% |
| GBTC Grayscale Bitcoin Trust ETF | 0.17% | 12,678 | $796K | Add +1.4% |
| VPL Vanguard Ftse Pacific ETF | 0.17% | 11,428 | $780K | Reduce -4.0% |
| DFSU Dimensional US Sus CORE1 ETF | 0.17% | 22,826 | $765K | Reduce -46.7% |
| VXUS Vanguard Total Intl Stock | 0.16% | 12,911 | $754K | Reduce -0.8% |
| PJUL Innovator U.S. Equity Power | 0.16% | 19,338 | $749K | No change |
| AGG iShares Core U.S. Aggregate | 0.16% | 7,690 | $747K | Add +22.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 20,834 | $747K | Add +14.0% |
| XOM Exxon Mobil Corp. | 0.16% | 7,406 | $740K | Add +8.9% |
| DFAW Dimensional World Eqty ETF | 0.16% | 12,863 | $734K | Reduce -32.1% |
| IVV iShares Core S&P 500 ETF | 0.16% | 1,390 | $733K | Add +8.4% |
| OCSL Oaktree Specialty Lending Co. | 0.16% | 53,610 | $726K | Add +197.6% |
| ANET Arista Networks Inc. | 0.16% | 9,944 | $722K | Add +1.1% |
| UAPR Innovator U.S. Equity Ultra | 0.15% | 24,238 | $705K | No change |
| DFCA Dimensional Calfornia MB ETF | 0.15% | 14,384 | $701K | Add +99.6% |
| MELI MercadoLibre Inc. | 0.15% | 361 | $698K | Add +46.1% |
| AMGN Amgen Inc. | 0.15% | 2,445 | $688K | Add +121.7% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.8% | 7.19% | −1.90 |
| SGOV iShares 0-3 Month Treasury B | Reduce -13.1% | 3.97% | −0.63 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -2.4% | 3.45% | −0.61 |
| FLKR Franklin Ftse South Korea | Sold out | 0.00% | −0.32 |
| GUNR NT Mstar GLBL NR ETF | Sold out | 0.00% | −0.29 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.6% | 1.56% | −0.26 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.8% | 1.10% | −0.22 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -46.7% | 0.17% | −0.19 |
| GOOG Alphabet Inc. Class C | Reduce -1.4% | 0.50% | −0.13 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.13 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -3.7% | 0.59% | −0.12 |
| CRM Salesforce Inc. | Reduce -15.7% | 0.24% | −0.12 |
| SCMB Schwab Municipal Bond ETF | Reduce -48.7% | 0.11% | −0.11 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.10 |
| TSLA Tesla Inc. | Reduce -9.0% | 0.14% | −0.10 |
| DFAW Dimensional World Eqty ETF | Reduce -32.1% | 0.16% | −0.10 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.09 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.09 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.09 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.09 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.08 |
| LAMR Lamar Advertising Co. Class A | Sold out | 0.00% | −0.08 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.08 |
| CAT Caterpillar Inc. | Reduce -42.3% | 0.07% | −0.07 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.07 |
| KGC Kinross Gold Corp. | Sold out | 0.00% | −0.07 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.07 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.07 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.07 |
| IWD iShares Russell 1000 Value E | Reduce -1.7% | 0.76% | −0.07 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.06 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.06 |
| DMC Del Monte Corp. | Sold out | 0.00% | −0.06 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.06 |
| YELP Yelp Inc. | Sold out | 0.00% | −0.06 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.06 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.06 |
| ENOV Enovis Corp. | Sold out | 0.00% | −0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -7.5% | 0.23% | −0.06 |
| BNS Bank of Nova Scotia | Sold out | 0.00% | −0.05 |
| BNY Bank of New York Mellon Corp. | Reduce -51.1% | 0.05% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.05 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.05 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.05 |
| VCR Vanguard Consumer Discre ETF | Sold out | 0.00% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.05 |
| ETHE Grayscale Ethereum Staking E | Sold out | 0.00% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.05 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.05 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| SCHO Schwab Short-Term US Treas | Add +8.6% | 8.55% | +0.68 |
| DFAU Dimensional US Core Equity M | Add +232.8% | 0.76% | +0.50 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +190.1% | 0.74% | +0.47 |
| MUB iShares National Muni Bond E | Add +43.5% | 1.55% | +0.43 |
| GNR State Street SPDR S&P Global | Add +76.7% | 1.06% | +0.42 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +28.9% | 1.42% | +0.31 |
| DFIC Dimensional International Co. | Add +191.9% | 0.46% | +0.31 |
| DFIV Dimensional International Va | Add +6.4% | 3.75% | +0.30 |
| BKLN Invesco Senior Loan ETF | New | 0.29% | +0.29 |
| EWY iShares MSCI South Korea ETF | Add +154.2% | 0.46% | +0.27 |
| DFEM Dimensional Emrg MRKT Core | Add +171.3% | 0.43% | +0.26 |
| IAU iShares Gold Trust | Add +6.8% | 1.28% | +0.25 |
| MCD McDonald's Corp. | Add +187.3% | 0.35% | +0.23 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.23% | +0.23 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +16.8% | 1.51% | +0.21 |
| DFSV Dimensional US Small Cap Val | New | 0.19% | +0.19 |
| CMF iShares California Muni Bond | New | 0.19% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +138.6% | 0.31% | +0.17 |
| DIHP Dimensional International Hi | Add +11.0% | 1.27% | +0.14 |
| UDEC Innovator U.S. Equity Ultra | New | 0.13% | +0.13 |
| SCHK Schwab 1000 Index ETF | Add +180.0% | 0.22% | +0.13 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +10.1% | 1.68% | +0.12 |
| BIV Vanguard Intermediate-Term B | Add +4.3% | 2.34% | +0.12 |
| ESGU iShares ESG Aware MSCI USA | New | 0.11% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.6% | 0.69% | +0.11 |
| T AT&T Inc. | New | 0.11% | +0.11 |
| OCSL Oaktree Specialty Lending Co. | Add +197.6% | 0.16% | +0.10 |
| DFAI Dimensional International Co. | Add +1.4% | 3.96% | +0.10 |
| IDEC Inno Int Dev Power Buff Dec | New | 0.09% | +0.09 |
| REET iShares Global REIT ETF | Add +18.7% | 0.74% | +0.09 |
| MCK McKesson Corp. | New | 0.09% | +0.09 |
| AMGN Amgen Inc. | Add +121.7% | 0.15% | +0.09 |
| FTNT Fortinet Inc. | New | 0.09% | +0.09 |
| CMCSA Comcast Corp. Class A | New | 0.08% | +0.08 |
| VEU Vanguard Ftse All-World Ex-U | Add +11.4% | 0.79% | +0.08 |
| DFCA Dimensional Calfornia MB ETF | Add +99.6% | 0.15% | +0.07 |
| JEPI JPMorgan Equity Premium Inco | Add +170.7% | 0.12% | +0.07 |
| IOCT Innovator Int Dev Power Buff | Add +155.5% | 0.12% | +0.07 |
| IFEB Innovator Intl D PB ETF-Feb | New | 0.07% | +0.07 |
| ESGV Vanguard ESG US Stock ETF | New | 0.07% | +0.07 |
| VT Vanguard Tot World STK ETF | Add +64.3% | 0.20% | +0.07 |
| F Ford Motor Co. | New | 0.07% | +0.07 |
| IUSG iShares Core S&P U.S. Growth | New | 0.07% | +0.07 |
| RGLD Royal Gold Inc. | New | 0.07% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +29.3% | 0.67% | +0.07 |
| VTEC Vanguard Ca Tax-Ex Bond | New | 0.07% | +0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +106.3% | 0.14% | +0.06 |
| WM Waste Management Inc. | New | 0.06% | +0.06 |
| PNC PNC Financial Services Group | New | 0.06% | +0.06 |
| A Agilent Technologies Inc. | New | 0.06% | +0.06 |
Options Activity Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 6,000 | $3.0Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 1,000 | $580Kbefore exit |
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 |