Fiduciary Financial Group, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Fiduciary Financial Group, LLC reported 322 stock positions worth $633.0 million. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Schwab Short-Term US Treas (SCHO, 7.4%) and iShares 0-3 Month Treasury B (SGOV, 6.1%). Compared with Q2 2025, it opened 45 new positions, sold out of 21, added to 141 and reduced 96. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +48%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- SAN RAFAEL, CA
- CIK
- 0001925420
- Portfolio Value
- $633.0M (Q3 2025)
- SEC Filing
- 0001754960-25-000648 ↗ filed Oct 10, 2025
Holdings Value
Holdings 322 stocks · $633.0M
| AAPL Apple Inc. | 7.84% | 194,916 | $49.6M | Add +5.3% |
| SCHO Schwab Short-Term US Treas | 7.37% | 1,912,784 | $46.7M | Add +7.9% |
| SGOV iShares 0-3 Month Treasury B | 6.12% | 384,792 | $38.7M | Add +47.6% |
| DFAC Dimensional US Core Equity 2 | 4.35% | 713,164 | $27.5M | Add +5.4% |
| DFIV Dimensional International Va | 3.97% | 544,306 | $25.1M | Add +6.1% |
| DFAI Dimensional International Co. | 3.93% | 684,509 | $24.9M | Add +6.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.60% | 122,101 | $22.8M | Add +3.5% |
| DFAE Dimensional Emerging Core Eq | 3.32% | 666,821 | $21.0M | Add +5.3% |
| NVDA Nvidia Corp. | 2.11% | 71,478 | $13.3M | Reduce -0.9% |
| BIV Vanguard Intermediate-Term B | 1.94% | 157,277 | $12.3M | Add +8.7% |
| DFAT Dimensional US Target Value | 1.81% | 196,446 | $11.4M | Add +5.0% |
| AAXJ iShares MSCI All Country Asi | 1.68% | 116,858 | $10.7M | Add +2.4% |
| MUB iShares National Muni Bond E | 1.43% | 84,981 | $9.0M | Add +0.4% |
| DUHP Dimensional US High Profi Et | 1.41% | 235,458 | $8.9M | Add +1.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.40% | 27,010 | $8.9M | Reduce -2.7% |
| FLRN SS SPDR BB Ig Float RT ETF | 1.39% | 285,577 | $8.8M | Add +5.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.30% | 74,013 | $8.3M | Add +4.5% |
| DIHP Dimensional International Hi | 1.25% | 260,993 | $7.9M | Add +8.0% |
| GNR State Street SPDR S&P Global | 1.19% | 126,685 | $7.5M | Add +7.8% |
| DFLV Dim US Large Cap Value ETF | 1.18% | 226,813 | $7.5M | Add +3.3% |
| IAU iShares Gold Trust | 1.16% | 100,511 | $7.3M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 1.13% | 11,960 | $7.2M | Add +1.6% |
| VIG Vanguard Dividend Apprec ETF | 0.98% | 28,818 | $6.2M | Reduce -3.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.94% | 65,029 | $6.0M | Add +3.4% |
| MSFT Microsoft Corp. | 0.82% | 9,984 | $5.2M | Add +1.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.73% | 65,040 | $4.6M | Add +1.0% |
| DFAU Dimensional US Core Equity M | 0.72% | 99,231 | $4.5M | Reduce -1.4% |
| REET iShares Global REIT ETF | 0.70% | 173,168 | $4.4M | Add +9.3% |
| SCHW Schwab (charles) Corp. | 0.68% | 44,751 | $4.3M | Reduce -5.3% |
| IWF iShares Russell 1000 Growth | 0.66% | 8,980 | $4.2M | Reduce -2.7% |
| GLD SPDR Gold Shares | 0.65% | 11,574 | $4.1M | Reduce -0.7% |
| DFIC Dimensional International Co. | 0.62% | 119,450 | $3.9M | Add +17.6% |
| IWD iShares Russell 1000 Value E | 0.62% | 19,152 | $3.9M | Reduce -3.1% |
| COIN Coinbase Global Inc. Class A | 0.61% | 11,377 | $3.8M | Reduce -0.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.59% | 18,023 | $3.8M | Add +8.9% |
| GOOG Alphabet Inc. Class C | 0.59% | 15,371 | $3.7M | Reduce -1.9% |
| DFEM Dimensional Emrg MRKT Core | 0.51% | 101,125 | $3.2M | Add +2.7% |
| EWY iShares MSCI South Korea ETF | 0.50% | 39,410 | $3.2M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 6,123 | $3.1M | Add +1.1% |
| IWB iShares Russell 1000 ETF | 0.47% | 8,115 | $3.0M | Reduce -2.5% |
| SGOL Abrdn Physical Gold Shares | 0.45% | 77,372 | $2.8M | Reduce -3.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 4,003 | $2.7M | Reduce -7.0% |
| EWG iShares MSCI Germany ETF | 0.42% | 63,726 | $2.7M | Reduce -1.7% |
| AMZN Amazon.com Inc. | 0.41% | 11,877 | $2.6M | Add +5.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.37% | 24,420 | $2.3M | Reduce -1.0% |
| UAUG Innovator U.S. Equity Ultra | 0.36% | 58,579 | $2.3M | No change |
| BKLN Invesco Senior Loan ETF | 0.34% | 102,894 | $2.2M | Add +44.4% |
| GOOGL Alphabet Inc. Class A | 0.29% | 7,532 | $1.8M | Add +5.0% |
| TLT iShares 20+ Year Treasury BD | 0.28% | 20,057 | $1.8M | Add +282.6% |
| VOO Vanguard S&P 500 ETF | 0.28% | 2,903 | $1.8M | Reduce -7.3% |
| IEUR iShares Core MSCI Europe ETF | 0.27% | 25,469 | $1.7M | Add +0.5% |
| IJUN Innov Intl Dev PB ETF - June | 0.27% | 60,308 | $1.7M | No change |
| EWJ iShares MSCI Japan ETF | 0.27% | 21,172 | $1.7M | Add +0.6% |
| MCD McDonald's Corp. | 0.26% | 5,469 | $1.7M | Add +4.3% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 29,896 | $1.6M | Add +2.3% |
| PAUG Innovator U.S. Equity Power | 0.25% | 37,719 | $1.6M | Reduce -0.2% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.25% | 62,305 | $1.6M | Add +33.2% |
| CMF iShares California Muni Bond | 0.24% | 26,591 | $1.5M | Add +6.6% |
| DFAW Dimensional World Eqty ETF | 0.23% | 20,679 | $1.5M | Add +39.5% |
| V Visa Inc. Class A | 0.23% | 4,348 | $1.5M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.23% | 2,011 | $1.5M | Reduce -1.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.23% | 50,169 | $1.5M | Reduce -10.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 2,998 | $1.4M | No change |
| DFAX Dimensional World Ex US Core | 0.22% | 44,589 | $1.4M | Reduce -14.9% |
| GS Goldman Sachs Group Inc. | 0.22% | 1,754 | $1.4M | Add +2.0% |
| INDA iShares MSCI India ETF | 0.21% | 26,047 | $1.4M | Add +6.0% |
| Z Zillow Group Inc. Class C | 0.21% | 17,431 | $1.3M | New |
| MOAT Vaneck Morningstar Wide Moat | 0.21% | 13,524 | $1.3M | Reduce -15.2% |
| VEA Vanguard Ftse Developed ETF | 0.21% | 22,301 | $1.3M | Add +15.6% |
| DFSV Dimensional US Small Cap Val | 0.21% | 41,382 | $1.3M | Add +16.9% |
| SCHK Schwab 1000 Index ETF | 0.20% | 39,919 | $1.3M | Add +0.2% |
| DFSU Dimensional US Sus CORE1 ETF | 0.20% | 29,170 | $1.2M | Add +12.0% |
| JPM JPMorgan Chase & Co. | 0.19% | 3,909 | $1.2M | Reduce -1.5% |
| ANET Arista Networks Inc. | 0.19% | 8,335 | $1.2M | Reduce -9.2% |
| IAPR Innovator International Deve | 0.19% | 39,331 | $1.2M | Reduce -1.9% |
| VT Vanguard Tot World STK ETF | 0.19% | 8,540 | $1.2M | Add +0.1% |
| NFLX Netflix Inc. | 0.18% | 968 | $1.2M | Reduce -0.9% |
| UJUL Innovator U.S. Equity Ultra | 0.18% | 30,156 | $1.1M | No change |
| WFC Wells Fargo & Co. | 0.18% | 13,367 | $1.1M | Add +5.3% |
| VGIT Vanguard Intermediate-Term T | 0.17% | 17,903 | $1.1M | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.17% | 5,723 | $1.1M | Add +2.4% |
| IJR iShares Core S&P Small-Cap E | 0.17% | 8,811 | $1.0M | Reduce -4.4% |
| TIP iShares Tips Bond ETF | 0.17% | 9,409 | $1.0M | Add +0.5% |
| RWO State Street SPDR Dow Jones | 0.16% | 22,754 | $1.0M | Add +2.9% |
| AGG iShares Core U.S. Aggregate | 0.16% | 10,372 | $1.0M | Add +25.5% |
| OCSL Oaktree Specialty Lending Co. | 0.16% | 79,057 | $1.0M | Add +30.8% |
| TMUS T-Mobile US Inc. | 0.16% | 4,273 | $1.0M | Add +129.4% |
| DFSI Dimensional Int Sus COR1 ETF | 0.16% | 24,876 | $1.0M | Add +42.5% |
| AVGO Broadcom Inc. | 0.16% | 3,068 | $1.0M | Reduce -4.5% |
| VPL Vanguard Ftse Pacific ETF | 0.16% | 11,443 | $1.0M | Reduce -1.1% |
| USEP Innovator U.S. Equity Ultra | 0.15% | 24,257 | $938K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.15% | 16,420 | $938K | Add +45.0% |
| VXUS Vanguard Total Intl Stock | 0.15% | 12,701 | $933K | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 0.15% | 1,394 | $933K | Add +1.0% |
| UFEB Innovator U.S. Equity Ultra | 0.15% | 26,025 | $931K | No change |
| UMAR Innovator U.S. Equity Ultra | 0.15% | 23,705 | $925K | No change |
| TSLA Tesla Inc. | 0.15% | 2,068 | $920K | Reduce -8.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.14% | 10,174 | $913K | Reduce -0.4% |
| MU Micron Technology Inc. | 0.14% | 5,407 | $905K | Add +0.5% |
| DBC Invesco DB Commodity Index T | 0.14% | 39,833 | $897K | Reduce -0.4% |
Portfolio Sells Q2 2025 → Q3 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.7% | 1.40% | −0.12 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.0% | 0.98% | −0.12 |
| SCHW Schwab (charles) Corp. | Reduce -5.3% | 0.68% | −0.10 |
| IWD iShares Russell 1000 Value E | Reduce -3.1% | 0.62% | −0.08 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.08 |
| COIN Coinbase Global Inc. Class A | Reduce -0.0% | 0.61% | −0.08 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.08 |
| CI The Cigna Group | Sold out | 0.00% | −0.08 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.07 |
| EWG iShares MSCI Germany ETF | Reduce -1.7% | 0.42% | −0.07 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.07 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.07 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.07 |
| KMB Kimberly-Clark Corp. | Reduce -60.6% | 0.03% | −0.07 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -10.8% | 0.23% | −0.06 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.06 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -15.2% | 0.21% | −0.06 |
| PNW Pinnacle West Capital | Sold out | 0.00% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.0% | 0.42% | −0.06 |
| HPQ HP Inc. | Sold out | 0.00% | −0.06 |
| DFAX Dimensional World Ex US Core | Reduce -14.9% | 0.22% | −0.06 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.06 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.06 |
| ENOV Enovis Corp. | Sold out | 0.00% | −0.06 |
| EQNR Equinor ASA-Spon ADR | Sold out | 0.00% | −0.06 |
| DFAU Dimensional US Core Equity M | Reduce -1.4% | 0.72% | −0.05 |
| CRM Salesforce Inc. | Reduce -5.6% | 0.14% | −0.05 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.0% | 0.37% | −0.05 |
| CAT Caterpillar Inc. | Reduce -41.8% | 0.08% | −0.05 |
| GL Globe Life Inc. | Sold out | 0.00% | −0.05 |
| V Visa Inc. Class A | Reduce -0.6% | 0.23% | −0.05 |
| DFCA Dimensional Calfornia MB ETF | Reduce -27.7% | 0.08% | −0.05 |
| EEFT Euronet Worldwide Inc. | Sold out | 0.00% | −0.05 |
| NFLX Netflix Inc. | Reduce -0.9% | 0.18% | −0.05 |
| BCO The Brink's Co. | Sold out | 0.00% | −0.04 |
| IWB iShares Russell 1000 ETF | Reduce -2.5% | 0.47% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -7.3% | 0.28% | −0.04 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.04 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.04 |
| CTAS Cintas Corp. | Sold out | 0.00% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.7% | 0.66% | −0.04 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -1.0% | 0.23% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -11.0% | 0.13% | −0.03 |
| VGK Vanguard Ftse Europe ETF | Reduce -10.2% | 0.12% | −0.03 |
| VGIT Vanguard Intermediate-Term T | Reduce -1.7% | 0.17% | −0.03 |
| IAPR Innovator International Deve | Reduce -1.9% | 0.19% | −0.02 |
| PAUG Innovator U.S. Equity Power | Reduce -0.2% | 0.25% | −0.02 |
| IWN iShares Russell 2000 Value E | Reduce -14.4% | 0.10% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -3.5% | 0.10% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| SGOV iShares 0-3 Month Treasury B | Add +47.6% | 6.12% | +1.39 |
| AAPL Apple Inc. | Add +5.3% | 7.84% | +0.89 |
| Z Zillow Group Inc. Class C | New | 0.21% | +0.21 |
| TLT iShares 20+ Year Treasury BD | Add +282.6% | 0.28% | +0.20 |
| ZG Zillow Group Inc. Class A | New | 0.12% | +0.12 |
| VRT Vertiv Holdings Co. Class A | New | 0.09% | +0.09 |
| TMUS T-Mobile US Inc. | Add +129.4% | 0.16% | +0.08 |
| BKLN Invesco Senior Loan ETF | Add +44.4% | 0.34% | +0.07 |
| KSEP Inv US SML Cap P B ETF - Sep | New | 0.07% | +0.07 |
| CVS CVS Health Corp. | New | 0.07% | +0.07 |
| FTI Technipfmc PLC | New | 0.07% | +0.07 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.07% | +0.07 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.06% | +0.06 |
| APTV Aptiv PLC | New | 0.06% | +0.06 |
| TXT Textron Inc. | New | 0.06% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +5.0% | 0.29% | +0.06 |
| AU Anglogold Ashanti PLC | New | 0.06% | +0.06 |
| TRN Trinity Industries Inc. | New | 0.06% | +0.06 |
| EXPE Expedia Group Inc. | New | 0.06% | +0.06 |
| OVV Ovintiv Inc. | New | 0.06% | +0.06 |
| HLIT Harmonic Inc. | New | 0.06% | +0.06 |
| ORI Old Republic Intl Corp. | New | 0.05% | +0.05 |
| DFAW Dimensional World Eqty ETF | Add +39.5% | 0.23% | +0.05 |
| SNV Synovus Financial Corp. | New | 0.05% | +0.05 |
| WES Western Midstream Partners L | New | 0.05% | +0.05 |
| MPLX MPLX LP | New | 0.05% | +0.05 |
| PRI Primerica Inc. | New | 0.05% | +0.05 |
| DFIC Dimensional International Co. | Add +17.6% | 0.62% | +0.05 |
| FCX Freeport-McMoran Inc. | New | 0.05% | +0.05 |
| BWX SS SPDR BB Intl Treasury BD | Add +135.0% | 0.09% | +0.05 |
| IJUL Innovator International Deve | New | 0.04% | +0.04 |
| EPD Enterprise Products Partners | New | 0.04% | +0.04 |
| ETN Eaton Corp. PLC | Add +65.5% | 0.12% | +0.04 |
| KMAY Innovator US SC PB ETF - May | New | 0.04% | +0.04 |
| PM Philip Morris International | New | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.04% | +0.04 |
| RKLB Rocket Lab Corp. | New | 0.04% | +0.04 |
| BWZ State Street SPDR Bloomberg | New | 0.04% | +0.04 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +33.2% | 0.25% | +0.04 |
| KAUG Inv US SML Cap PB ETF - Aug | New | 0.04% | +0.04 |
| IAU iShares Gold Trust | Add +2.2% | 1.16% | +0.04 |
| DFSI Dimensional Int Sus COR1 ETF | Add +42.5% | 0.16% | +0.04 |
| INTC Intel Corp. | New | 0.04% | +0.04 |
| EAGG iShares ESG Aware US Aggrega | New | 0.04% | +0.04 |
| KJUL Innovator U.S. Small Cap Pow | New | 0.04% | +0.04 |
| ISEP Innovator Intl Dev Eq Power | New | 0.04% | +0.04 |
| GLW Corning Inc. | New | 0.03% | +0.03 |
| BWA Borgwarner Inc. | New | 0.03% | +0.03 |
| IYW iShares Ustechnology ETF | New | 0.03% | +0.03 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.03% | +0.03 |
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 |