Fiduciary Group, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Fiduciary Group, LLC reported 268 stock positions worth $916.1 million. Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 4.8% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Apple (AAPL, 4.2%). Compared with Q4 2023, it opened 13 new positions, sold out of 1, added to 101 and reduced 105. The biggest buy was Home Depot (HD, shares +8%) and the biggest sale Moody's (MCO, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- SAVANNAH, GA
- CIK
- 0001645890
- Portfolio Value
- $916.1M (Q1 2024)
- SEC Filing
- 0001645890-24-000002 ↗ filed May 13, 2024
Holdings Value
Holdings 268 stocks · $916.1M
| SHY iShares 1-3 Year Treasury Bo | 4.77% | 533,997 | $43.7M | Add +2.3% |
| MSFT Microsoft Corp. | 4.43% | 96,437 | $40.6M | Reduce -0.5% |
| AAPL Apple Inc. | 4.20% | 224,356 | $38.5M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 3.99% | 76,069 | $36.6M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 2.86% | 172,177 | $26.2M | Reduce -0.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 2.68% | 478,491 | $24.5M | Add +4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.58% | 56,308 | $23.7M | Reduce -0.6% |
| VEA Vanguard Ftse Developed ETF | 2.36% | 430,225 | $21.6M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 2.12% | 96,769 | $19.4M | Reduce -2.5% |
| MCO Moody's Corp. | 2.06% | 48,134 | $18.9M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 2.04% | 103,719 | $18.7M | Reduce -1.0% |
| JNJ Johnson & Johnson | 1.61% | 93,372 | $14.8M | Reduce -0.0% |
| HD Home Depot Inc. | 1.58% | 37,695 | $14.5M | Add +8.1% |
| UNP Union Pacific Corp. | 1.54% | 57,337 | $14.1M | Reduce -3.7% |
| PEP Pepsico Inc. | 1.48% | 77,703 | $13.6M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.45% | 108,241 | $13.2M | Reduce -1.1% |
| V Visa Inc. Class A | 1.38% | 45,148 | $12.6M | Reduce -1.1% |
| WMT Walmart Inc. | 1.33% | 201,896 | $12.1M | Reduce -0.8% |
| PANW Palo Alto Networks Inc. | 1.32% | 42,526 | $12.1M | Reduce -0.2% |
| IJR iShares Core S&P Small-Cap E | 1.25% | 103,578 | $11.4M | Add +2.7% |
| VXF Vanguard Extended Market ETF | 1.23% | 64,244 | $11.3M | Reduce -0.9% |
| CMCSA Comcast Corp. Class A | 1.23% | 259,246 | $11.2M | Reduce -1.7% |
| XLE SS Energy Select Sector | 1.14% | 110,181 | $10.4M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 1.03% | 23,622 | $9.4M | Reduce -1.5% |
| AMGN Amgen Inc. | 1.02% | 32,933 | $9.4M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.99% | 60,251 | $9.1M | Add +0.4% |
| MA Mastercard Inc. Class A | 0.95% | 18,107 | $8.7M | Reduce -1.6% |
| RTX RTX Corp. | 0.94% | 88,371 | $8.6M | Reduce -0.3% |
| AON Aon PLC Class A | 0.89% | 24,562 | $8.2M | Reduce -5.1% |
| META Meta Platforms Inc. Class A | 0.85% | 16,131 | $7.8M | Reduce -1.2% |
| SO The Southern Co. | 0.85% | 108,772 | $7.8M | Reduce -0.3% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.85% | 164,393 | $7.8M | Add +1.3% |
| IJH iShares Core S&P Midcap ETF | 0.84% | 126,651 | $7.7M | Add +3.8% |
| SBUX Starbucks Corp. | 0.83% | 83,119 | $7.6M | Reduce -1.1% |
| AMT American Tower Corp. | 0.82% | 38,010 | $7.5M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.79% | 44,803 | $7.3M | Reduce -0.4% |
| KO The Coca-Cola Co. | 0.79% | 118,710 | $7.3M | Add +2.7% |
| RSP Invesco S&P 500 Equal Weight | 0.73% | 39,327 | $6.7M | Add +2.4% |
| BDX Becton Dickinson and Co. | 0.71% | 26,146 | $6.5M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.68% | 53,719 | $6.2M | Add +2.6% |
| BX Blackstone Inc. | 0.67% | 47,067 | $6.2M | Reduce -1.9% |
| HON Honeywell International Inc. | 0.67% | 30,117 | $6.2M | Add +1.5% |
| EA Electronic Arts Inc. | 0.65% | 45,096 | $6.0M | Reduce -2.1% |
| BSV Vanguard Short-Term Bond ETF | 0.65% | 77,786 | $6.0M | Reduce -3.1% |
| COST Costco Wholesale Corp. | 0.64% | 8,063 | $5.9M | Add +0.4% |
| ORCL Oracle Corp. | 0.64% | 46,890 | $5.9M | Add +0.9% |
| VZ Verizon Communications Inc. | 0.63% | 137,692 | $5.8M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.62% | 7,316 | $5.7M | Add +2.5% |
| VWO Vanguard Ftse Emerging Marke | 0.59% | 129,616 | $5.4M | Add +3.0% |
| TXN Texas Instruments Inc. | 0.56% | 29,336 | $5.1M | Add +3.6% |
| DHR Danaher Corp. | 0.54% | 19,652 | $4.9M | Add +2.6% |
| AXP American Express Co. | 0.53% | 21,508 | $4.9M | Reduce -1.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.53% | 62,339 | $4.8M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 0.51% | 8,904 | $4.7M | Reduce -0.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.49% | 60,081 | $4.5M | Reduce -1.4% |
| ABBV Abbvie Inc. | 0.49% | 24,454 | $4.5M | Reduce -1.0% |
| DGRW Wisdomtree U.S. Quality Divi | 0.48% | 58,104 | $4.4M | Reduce -3.2% |
| MAR Marriott International Class A | 0.47% | 17,002 | $4.3M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.45% | 109,487 | $4.2M | Reduce -0.9% |
| SPG Simon Property Group Inc. | 0.44% | 25,897 | $4.1M | Reduce -3.7% |
| NKE Nike Inc. Class B | 0.44% | 42,973 | $4.0M | Add +15.2% |
| DOW Dow Inc. | 0.44% | 69,201 | $4.0M | Reduce -1.3% |
| VXUS Vanguard Total Intl Stock | 0.44% | 66,197 | $4.0M | Reduce -1.7% |
| CSCO Cisco Systems Inc. | 0.43% | 79,276 | $4.0M | Add +8.1% |
| SCHW Schwab (charles) Corp. | 0.43% | 53,925 | $3.9M | Reduce -3.8% |
| ADP Automatic Data Processing | 0.40% | 14,844 | $3.7M | Reduce -3.8% |
| NVDA Nvidia Corp. | 0.40% | 4,101 | $3.7M | Reduce -0.2% |
| XLV SS Health Care Select Sector | 0.40% | 24,690 | $3.6M | Add +5.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.38% | 13,264 | $3.4M | Reduce -1.7% |
| ITW Illinois Tool Works | 0.36% | 12,332 | $3.3M | No change |
| MRK Merck & Co. Inc. | 0.35% | 24,232 | $3.2M | Add +9.5% |
| AZN Astrazeneca PLC-Spons ADR | 0.35% | 46,791 | $3.2M | Add +10.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.34% | 47,693 | $3.1M | Add +4.5% |
| MKL Markel Group Inc. | 0.34% | 2,057 | $3.1M | Reduce -2.3% |
| EQIX Equinix Inc. | 0.32% | 3,551 | $2.9M | Reduce -0.1% |
| CLX Clorox Company | 0.32% | 18,978 | $2.9M | Add +0.1% |
| XLK SS Technology Select Sector | 0.32% | 13,913 | $2.9M | Add +8.6% |
| APD Air Products & Chemicals Inc. | 0.31% | 11,596 | $2.8M | Add +5.5% |
| PFE Pfizer Inc. | 0.31% | 101,082 | $2.8M | Reduce -4.6% |
| ETN Eaton Corp. PLC | 0.29% | 8,377 | $2.6M | Reduce -0.1% |
| CVX Chevron Corp. | 0.29% | 16,602 | $2.6M | Add +5.0% |
| CRM Salesforce Inc. | 0.28% | 8,524 | $2.6M | Reduce -2.0% |
| KVUE Kenvue Inc. | 0.28% | 118,537 | $2.5M | Add +0.6% |
| MCD McDonald's Corp. | 0.26% | 8,599 | $2.4M | Reduce -1.6% |
| NSC Norfolk Southern Corp. | 0.26% | 9,496 | $2.4M | Reduce -4.9% |
| BLK BlackRock Finance Inc. | 0.26% | 2,877 | $2.4M | Reduce -0.0% |
| T AT&T Inc. | 0.25% | 129,783 | $2.3M | Reduce -0.4% |
| SCHB Schwab US Broad Market ETF | 0.25% | 37,283 | $2.3M | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 0.24% | 8,731 | $2.2M | Add +7.8% |
| AFL Aflac Inc. | 0.23% | 24,579 | $2.1M | Reduce -0.1% |
| DGRO iShares Core Dividend Growth | 0.23% | 35,519 | $2.1M | Reduce -7.3% |
| GD General Dynamics Corp. | 0.22% | 7,136 | $2.0M | Add +0.7% |
| XLI SS Industrial Select Sector | 0.21% | 15,235 | $1.9M | Add +7.0% |
| ABT Abbott Laboratories | 0.21% | 16,692 | $1.9M | Reduce -1.9% |
| IEMG iShares Core MSCI Emerging | 0.20% | 35,708 | $1.8M | Add +1.5% |
| ACN Accenture PLC Class A | 0.20% | 5,280 | $1.8M | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.20% | 3,677 | $1.8M | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 16,922 | $1.7M | Add +1.8% |
| QCOM Qualcomm Inc. | 0.18% | 9,883 | $1.7M | Add +2.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 8,602 | $1.6M | Add +12.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 1,945,000 | $1.8M | Reduce -3.0% |
Total filed on the 13F, all lines: $917.9M.
Portfolio Sells Q4 2023 → Q1 2024
| MCO Moody's Corp. | Reduce -2.1% | 2.06% | −0.19 |
| UNP Union Pacific Corp. | Reduce -3.7% | 1.54% | −0.18 |
| PANW Palo Alto Networks Inc. | Reduce -0.2% | 1.32% | −0.16 |
| AMT American Tower Corp. | Reduce -0.4% | 0.82% | −0.15 |
| CMCSA Comcast Corp. Class A | Reduce -1.7% | 1.23% | −0.13 |
| SBUX Starbucks Corp. | Reduce -1.1% | 0.83% | −0.12 |
| AMGN Amgen Inc. | Reduce -1.3% | 1.02% | −0.11 |
| JNJ Johnson & Johnson | Reduce -0.0% | 1.61% | −0.11 |
| EA Electronic Arts Inc. | Reduce -2.1% | 0.65% | −0.09 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.1% | 0.65% | −0.08 |
| PEP Pepsico Inc. | Reduce -0.5% | 1.48% | −0.07 |
| BX Blackstone Inc. | Reduce -1.9% | 0.67% | −0.06 |
| PFE Pfizer Inc. | Reduce -4.6% | 0.31% | −0.05 |
| SO The Southern Co. | Reduce -0.3% | 0.85% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.9% | 0.53% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.26% | −0.04 |
| INTC Intel Corp. | Reduce -0.2% | 0.14% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -3.8% | 0.43% | −0.03 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -1.7% | 0.44% | −0.02 |
| VXF Vanguard Extended Market ETF | Reduce -0.9% | 1.23% | −0.02 |
| V Visa Inc. Class A | Reduce -1.1% | 1.38% | −0.02 |
| ADP Automatic Data Processing | Reduce -3.8% | 0.40% | −0.02 |
| DGRO iShares Core Dividend Growth | Reduce -7.3% | 0.23% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.4% | 0.49% | −0.02 |
| EQIX Equinix Inc. | Reduce -0.1% | 0.32% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 0.12% | −0.01 |
| DOW Dow Inc. | Reduce -1.3% | 0.44% | −0.01 |
| NTRS Northern Trust Corp. | Reduce -8.9% | 0.11% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -4.9% | 0.26% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.21% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -0.0% | 0.26% | −0.01 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -3.2% | 0.48% | −0.01 |
| MMM 3M Co. | Reduce -6.5% | 0.05% | −0.01 |
| MKL Markel Group Inc. | Reduce -2.3% | 0.34% | −0.01 |
| TMUS T-Mobile US Inc. | Reduce -1.0% | 0.13% | −0.01 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -10.5% | 0.04% | −0.01 |
| AFL Aflac Inc. | Reduce -0.1% | 0.23% | −0.01 |
| DE Deere & Co. | Reduce -0.1% | 0.16% | −0.01 |
| PNC PNC Financial Services Group | Reduce -15.2% | 0.04% | −0.01 |
| SPG Simon Property Group Inc. | Reduce -3.7% | 0.44% | −0.01 |
| T AT&T Inc. | Reduce -0.4% | 0.25% | −0.01 |
| DUK Duke Energy Corp. | Reduce -0.7% | 0.09% | −0.01 |
| CVS CVS Health Corp. | Reduce -4.5% | 0.06% | −0.01 |
| TD Toronto-Dominion Bank | Reduce -2.0% | 0.03% | −0.01 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -0.4% | 0.06% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 2.86% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.0% | 0.17% | −0.00 |
| PPG PPG Industries Inc. | Reduce -2.8% | 0.03% | −0.00 |
| TFC Truist Financial Corp. | Reduce -4.1% | 0.06% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| HD Home Depot Inc. | Add +8.1% | 1.58% | +0.16 |
| VOO Vanguard S&P 500 ETF | Add +1.1% | 3.99% | +0.13 |
| LLY Eli Lilly & Co. | Add +2.5% | 0.62% | +0.13 |
| ORCL Oracle Corp. | Add +0.9% | 0.64% | +0.07 |
| XOM Exxon Mobil Corp. | Add +2.6% | 0.68% | +0.07 |
| MRK Merck & Co. Inc. | Add +9.5% | 0.35% | +0.07 |
| JCI Johnson Controls Internation | New | 0.06% | +0.06 |
| XLE SS Energy Select Sector | Add +0.6% | 1.14% | +0.06 |
| ADI Analog Devices Inc. | New | 0.05% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +3.8% | 0.84% | +0.05 |
| ADBE Adobe Inc. | Add +69.7% | 0.14% | +0.04 |
| IBM Intl Business Machines Corp. | Add +12.2% | 0.18% | +0.03 |
| LOW Lowe's Cos Inc. | Add +7.8% | 0.24% | +0.03 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +28.4% | 0.16% | +0.03 |
| MPC Marathon Petroleum Corp. | New | 0.03% | +0.03 |
| GE General Electric | Add +3.0% | 0.12% | +0.03 |
| XLK SS Technology Select Sector | Add +8.6% | 0.32% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | New | 0.02% | +0.02 |
| WM Waste Management Inc. | New | 0.02% | +0.02 |
| KMI Kinder Morgan Inc. | New | 0.02% | +0.02 |
| IWF iShares Russell 1000 Growth | New | 0.02% | +0.02 |
| FISV Fiserv Inc. | New | 0.02% | +0.02 |
| LYB Lyondellbasell Indu Class A | New | 0.02% | +0.02 |
| UPS United Parcel Service Class B | Add +41.6% | 0.12% | +0.02 |
| AEP American Electric Power | New | 0.02% | +0.02 |
| COST Costco Wholesale Corp. | Add +0.4% | 0.64% | +0.02 |
| OSEA Harbor Intl Compounders ETF | Add +22.7% | 0.14% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +24.8% | 0.11% | +0.02 |
| MCHP Microchip Technology Inc. | New | 0.02% | +0.02 |
| XLV SS Health Care Select Sector | Add +5.1% | 0.40% | +0.02 |
| XYL Xylem Inc. | New | 0.02% | +0.02 |
| HSIC Henry Schein Inc. | Add +60.6% | 0.06% | +0.02 |
| XLI SS Industrial Select Sector | Add +7.0% | 0.21% | +0.02 |
| QCOM Qualcomm Inc. | Add +2.4% | 0.18% | +0.02 |
| OBDC Blue Owl Capital Corp. | New | 0.02% | +0.02 |
| XLF SS Financial Select Sector | Add +14.8% | 0.11% | +0.02 |
| SYK Stryker Corp. | Add +1.0% | 0.16% | +0.02 |
| VDE Vanguard Energy ETF | Add +12.5% | 0.11% | +0.02 |
| CL Colgate-Palmolive Co. | Add +17.0% | 0.09% | +0.02 |
| DHR Danaher Corp. | Add +2.6% | 0.54% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +2.4% | 0.73% | +0.02 |
| WFC Wells Fargo & Co. | Add +0.2% | 0.17% | +0.01 |
| XLB SS Materials Select Sector | Add +10.3% | 0.14% | +0.01 |
| DPZ Domino's Pizza Inc. | Add +6.4% | 0.08% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +6.7% | 0.12% | +0.01 |
| CB Chubb Ltd. | Add +4.7% | 0.11% | +0.01 |
| MCK McKesson Corp. | Add +3.7% | 0.11% | +0.01 |
| BXSL Blackstone Secured Lending F | Add +10.6% | 0.08% | +0.01 |
| DVY iShares Select Dividend ETF | Add +24.1% | 0.06% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | Add +10.1% | 0.35% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -3.0% | 1,945,000 | $1.8M |
| WESTERN DIGITAL CORP (WDC 1.5 02/01/24) | NOTE 1.500% 2/0 · principal | Sold out | 50,000 | $50Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 305 | $1.3B | VOO, AAPL, GOOG, AGG, MSFT |
| Q1 2026 | 295 | $1.2B | VOO, AAPL, GOOG, AGG, MSFT |
| Q4 2025 | 296 | $1.2B | VOO, AAPL, GOOG, MSFT, AGG |
| Q3 2025 | 289 | $1.1B | AAPL, VOO, MSFT, GOOG, AGG |
| Q2 2025 | 285 | $1.1B | MSFT, AAPL, VOO, SHY, GOOG |
| Q1 2025 | 272 | $998.0M | AAPL, VOO, MSFT, SHY, BRK.B |
| Q4 2024 | 268 | $997.1M | AAPL, VOO, MSFT, SHY, GOOG |
| Q3 2024 | 273 | $987.3M | AAPL, MSFT, VOO, SHY, GOOG |
| Q2 2024 | 270 | $928.1M | AAPL, MSFT, SHY, VOO, GOOG |
| Q1 2024 | 268 | $916.1M | SHY, MSFT, AAPL, VOO, GOOG |