Francis Financial, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Francis Financial, Inc. reported 112 stock positions worth $538.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 14.0% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 8.7%) and TCW Flexible Income ETF (FLXR, 8.2%). Compared with Q4 2025, it opened 13 new positions, sold out of 9, added to 43 and reduced 39. The biggest buy was a new position in Neuberger Short Duration (NBSD) and the biggest sale Dim US Large Cap Value ETF (DFLV, shares −67%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001727514
Portfolio Value
$538.4M (Q1 2026)
SEC Filing
0001727514-26-000002 ↗ filed May 7, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $309.0M Q1 2024 Q2 2024: $329.2M Q2 2024 Q3 2024: $378.0M Q3 2024 Q4 2024: $393.7M Q4 2024 Q1 2025: $411.2M Q1 2025 Q2 2025: $432.7M Q2 2025 Q3 2025: $561.0M Q3 2025 Q4 2025: $510.9M Q4 2025 Q1 2026: $538.4M $538.4M Q1 2026 Q2 2026: $609.5M Q2 2026

Holdings 112 stocks · $538.4M
VOO Vanguard S&P 500 ETF 13.96% 125,749 $75.1M Reduce -0.3%
BIV Vanguard Intermediate-Term B 8.69% 606,080 $46.8M Add +1.7%
FLXR TCW Flexible Income ETF 8.20% 1,124,349 $44.2M Add +21.4%
DFSI Dimensional Int Sus COR1 ETF 5.98% 759,106 $32.2M Add +2.3%
JIRE JPMorgan Int Res Enh Eqty 5.50% 390,783 $29.6M Add +6.4%
VUG Vanguard Mrngstar GR ETF-Sui 4.95% 60,967 $26.6M Add +3.9%
NBSD Neuberger Short Duration Inc. 4.23% 449,307 $22.8M New
META Meta Platforms Inc. Class A 4.06% 38,164 $21.8M Reduce -5.8%
IVOO Vanguard S&P Mid-Cap 400 ETF 3.75% 176,517 $20.2M Add +8.5%
SPYV SS SPDR P S&P 500 Value ETF 2.91% 277,032 $15.7M Add +451.7%
MUNY Vanguard NY Tax-Ex Bond 2.85% 149,626 $15.3M Add +13.4%
IJR iShares Core S&P Small-Cap E 2.84% 122,979 $15.3M Add +4.4%
VYM Vanguard High DVD Yield ETF 2.24% 81,308 $12.0M Reduce -24.8%
BGRN iShares Usd Green Bond ETF 2.19% 248,407 $11.8M Reduce -2.3%
DSI iShares ESG MSCI KLD 400 ETF 2.06% 91,578 $11.1M Reduce -1.4%
SUSB iShares ESG Aware 1-5 Year U 1.88% 404,435 $10.1M Reduce -2.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.35% 25,319 $7.3M Reduce -3.7%
FSMB First Trust Short Dur Manag 1.32% 357,351 $7.1M Add +121.6%
NULG Nuveen ESG LRG-Cap GRW ETF 1.14% 67,602 $6.1M Reduce -0.9%
NVDA Nvidia Corp. 1.13% 34,999 $6.1M Add +11.2%
AAPL Apple Inc. 1.06% 22,434 $5.7M Reduce -0.5%
VTI VG Morningstar TS MKT ETF-US 0.93% 15,604 $5.0M Add +1.4%
DFSE Dimensional Em Sus CORE1 ETF 0.83% 104,993 $4.4M Reduce -2.2%
VCEB Vanguard ESG US Corp. Bond 0.82% 70,682 $4.4M Add +47.8%
DFLV Dim US Large Cap Value ETF 0.78% 117,957 $4.2M Reduce -67.5%
VONE Vanguard Russell 1000 0.77% 14,010 $4.1M Reduce -11.7%
MUB iShares National Muni Bond E 0.70% 35,724 $3.8M Add +15.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.67% 18,286 $3.6M Reduce -5.3%
GLW Corning Inc. 0.60% 23,679 $3.2M Add +9.6%
GOOGL Alphabet Inc. Class A 0.59% 11,115 $3.2M Add +1.9%
RSP Invesco S&P 500 Equal Weight 0.49% 13,859 $2.7M Add +0.3%
VTWO Vanguard Russell 2000 ETF 0.48% 25,882 $2.6M No change
ESML iShares ESG Aware MSCI USA S 0.46% 53,017 $2.5M Reduce -1.8%
MSFT Microsoft Corp. 0.45% 6,577 $2.4M Reduce -2.4%
XJH Ishare ESG SS S&P Midcap ETF 0.44% 52,525 $2.4M Add +1.4%
IVV iShares Core S&P 500 ETF 0.44% 3,643 $2.4M Reduce -1.9%
VWO Vanguard Ftse Emerging Marke 0.41% 40,622 $2.2M Reduce -15.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.40% 5,927 $2.2M Reduce -7.6%
AMZN Amazon.com Inc. 0.34% 8,773 $1.8M Add +1.3%
DFUV Dimensional US Marketwide Va 0.32% 35,690 $1.7M Reduce -15.7%
NYF iShares New York Muni Bond E 0.28% 28,660 $1.5M Reduce -28.4%
GOOG Alphabet Inc. Class C 0.27% 5,054 $1.4M Reduce -3.9%
BRK.B Berkshire Hathaway Inc. Class B 0.25% 2,860 $1.4M Reduce -2.2%
DFAC Dimensional US Core Equity 2 0.22% 30,675 $1.2M Reduce -6.8%
JPM JPMorgan Chase & Co. 0.22% 3,938 $1.2M Add +0.9%
MCD McDonald's Corp. 0.21% 3,685 $1.1M Reduce -6.4%
SCMB Schwab Municipal Bond ETF 0.20% 42,671 $1.1M No change
AXP American Express Co. 0.19% 3,451 $1.0M Add +125.4%
AVGO Broadcom Inc. 0.19% 3,371 $1.0M Add +5.4%
DFUS Dimensional US Eq MKT ETF 0.19% 14,400 $1.0M No change
GS Goldman Sachs Group Inc. 0.17% 1,087 $920K Add +0.9%
IWM iShares Russell 2000 ETF 0.16% 3,440 $853K Reduce -1.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 3,398 $824K Reduce -3.0%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.15% 16,654 $815K No change
SCHX Schwab US Large-Cap ETF 0.15% 30,634 $785K No change
DFAI Dimensional International Co. 0.14% 18,901 $736K No change
HD Home Depot Inc. 0.13% 2,209 $727K Reduce -7.8%
TOUS T Rowe PRC International Eq 0.13% 20,372 $704K Reduce 0.0%
LLY Eli Lilly & Co. 0.13% 761 $700K Add +1.3%
JNJ Johnson & Johnson 0.12% 2,749 $672K Add +59.6%
IWF iShares Russell 1000 Growth 0.12% 1,502 $640K Add +0.2%
VB Vanguard Most SM-Cap ETF-Usd 0.11% 2,308 $605K Reduce -0.9%
COST Costco Wholesale Corp. 0.10% 547 $545K Add +6.6%
IVW iShares S&P 500 Growth ETF 0.10% 4,818 $545K Add +2.1%
PNC PNC Financial Services Group 0.10% 2,491 $518K Add +1.5%
TSLA Tesla Inc. 0.09% 1,324 $492K Reduce -0.1%
XOM Exxon Mobil Corp. 0.09% 2,813 $477K Add +12.6%
NUE Nucor Corp. 0.08% 2,486 $420K Add +27.0%
QQQ Invesco QQQ Trust Series 1 0.08% 709 $409K Add +2.5%
GE General Electric filed as GE AEROSPACE 0.08% 1,426 $405K Add +1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 8,279 $404K Reduce -0.1%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.07% 9,486 $404K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 589 $383K Reduce -9.5%
ISRG Intuitive Surgical Inc. 0.07% 787 $363K Reduce -1.5%
AMD Advanced Micro Devices 0.07% 1,758 $358K Add +6.2%
WMT Walmart Inc. 0.06% 2,724 $339K Add +3.9%
CVX Chevron Corp. 0.06% 1,606 $332K New
DFAS Dimensional US Small Cap ETF 0.06% 4,665 $332K Reduce -6.9%
IVE iShares S&P 500 Value ETF 0.06% 1,553 $328K Reduce -9.2%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.06% 691 $320K No change
IEFA iShares Core MSCI Eafe ETF 0.06% 3,522 $319K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 934 $316K Add +0.1%
SLB SLB Ltd. filed as SLB LIMITED 0.06% 6,102 $314K Add +1.7%
ITOT iShares Core S&P Total U.S. 0.06% 2,199 $313K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 1,892 $302K Reduce -18.1%
SCHZ Schwab US Aggregate Bond ETF 0.06% 12,911 $300K Add +3.6%
IWV iShares Russell 3000 ETF 0.06% 803 $298K No change
V Visa Inc. Class A 0.05% 970 $293K Reduce -10.5%
VEU Vanguard Ftse All-World Ex-U 0.05% 3,808 $286K Add +36.1%
LRCX Lam Research Corp. 0.05% 1,283 $274K Add +4.9%
AMAT Applied Materials Inc. 0.05% 800 $273K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,681 $258K Reduce -4.7%
GLD SPDR Gold Shares 0.05% 600 $258K New
IUSV iShares Core S&P U.S. Value 0.05% 2,519 $258K No change
VIG Vanguard Dividend Apprec ETF 0.05% 1,190 $256K No change
SO The Southern Co. 0.05% 2,633 $254K Add +1.4%
DVY iShares Select Dividend ETF 0.05% 1,675 $254K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.05% 836 $250K No change
MU Micron Technology Inc. 0.05% 736 $249K New
NFLX Netflix Inc. 0.04% 2,521 $242K Add +12.5%
GEV GE Vernova Inc. 0.04% 276 $241K New
SPDW Ste STR SPDR PT DW Eu ETF 0.04% 5,025 $229K No change
MRK Merck & Co. Inc. 0.04% 1,871 $225K New
ABBV Abbvie Inc. 0.04% 1,034 $225K Reduce -1.3%
CSCO Cisco Systems Inc. 0.04% 2,880 $223K Add +3.3%
PFE Pfizer Inc. 0.04% 7,802 $219K New
KLAC KLA Corp. 0.04% 145 $214K New
MAR Marriott International Class A 0.04% 644 $211K New
KO The Coca-Cola Co. 0.04% 2,761 $210K New
PEP Pepsico Inc. 0.04% 1,350 $210K New
BSMT Invesco Bulletshares 2029 MB 0.04% 8,995 $207K New
VTRS Viatris Inc. 0.03% 12,988 $175K No change

Options reported separately and not counted above: META puts ($400K), AMZN puts ($354K), MSFT puts ($222K).

Portfolio Sells Q4 2025 → Q1 2026
DFLV Dim US Large Cap Value ETF Reduce -67.5% 0.78% −1.65
VOO Vanguard S&P 500 ETF Reduce -0.3% 13.96% −1.52
META Meta Platforms Inc. Class A Reduce -5.8% 4.06% −1.18
VYM Vanguard High DVD Yield ETF Reduce -24.8% 2.24% −0.80
DSI iShares ESG MSCI KLD 400 ETF Reduce -1.4% 2.06% −0.28
DFAX Dimensional World Ex US Core Sold out 0.00% −0.27
BGRN iShares Usd Green Bond ETF Reduce -2.3% 2.19% −0.20
VONE Vanguard Russell 1000 Reduce -11.7% 0.77% −0.19
MSFT Microsoft Corp. Reduce -2.4% 0.45% −0.19
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -0.9% 1.14% −0.16
SUSB iShares ESG Aware 1-5 Year U Reduce -2.3% 1.88% −0.16
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -3.7% 1.35% −0.14
AAPL Apple Inc. Reduce -0.5% 1.06% −0.14
NYF iShares New York Muni Bond E Reduce -28.4% 0.28% −0.14
DFAT Dimensional US Target Value Sold out 0.00% −0.13
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -7.6% 0.40% −0.11
VWO Vanguard Ftse Emerging Marke Reduce -15.5% 0.41% −0.10
BND Vanguard Total Bond Market Sold out 0.00% −0.08
DFUV Dimensional US Marketwide Va Reduce -15.7% 0.32% −0.07
IVV iShares Core S&P 500 ETF Reduce -1.9% 0.44% −0.06
VTV Vanguard Mrngstr Val ETF-Aui Reduce -5.3% 0.67% −0.06
GOOG Alphabet Inc. Class C Reduce -3.9% 0.27% −0.05
IBM Intl Business Machines Corp. Reduce -3.0% 0.15% −0.05
DFSE Dimensional Em Sus CORE1 ETF Reduce -2.2% 0.83% −0.05
MA Mastercard Inc. Class A Sold out 0.00% −0.04
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.04
BSMQ Invesco Bulletshares 2026 MB Sold out 0.00% −0.04
BSMR Invesco Bulletshares 2027 MB Sold out 0.00% −0.04
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.04
BSMS Invesco Bulletshares 2028 MB Sold out 0.00% −0.04
DFAC Dimensional US Core Equity 2 Reduce -6.8% 0.22% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.2% 0.25% −0.03
HD Home Depot Inc. Reduce -7.8% 0.13% −0.03
TSLA Tesla Inc. Reduce -0.1% 0.09% −0.03
ESML iShares ESG Aware MSCI USA S Reduce -1.8% 0.46% −0.02
MCD McDonald's Corp. Reduce -6.4% 0.21% −0.02
ISRG Intuitive Surgical Inc. Reduce -1.5% 0.07% −0.02
V Visa Inc. Class A Reduce -10.5% 0.05% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -9.5% 0.07% −0.02
DIS The Walt Disney Co. Reduce -4.7% 0.05% −0.01
BAC Bank of America Corp. Reduce -0.1% 0.07% −0.01
TJX TJX Companies Inc. Reduce -18.1% 0.06% −0.01
IVE iShares S&P 500 Value ETF Reduce -9.2% 0.06% −0.01
IWM iShares Russell 2000 ETF Reduce -1.0% 0.16% −0.01
TOUS T Rowe PRC International Eq Reduce 0.0% 0.13% −0.01
DFAS Dimensional US Small Cap ETF Reduce -6.9% 0.06% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.9% 0.11% −0.01
ABBV Abbvie Inc. Reduce -1.3% 0.04% −0.01

Portfolio Buys Q4 2025 → Q1 2026
NBSD Neuberger Short Duration Inc. New 4.23% +4.23
SPYV SS SPDR P S&P 500 Value ETF Add +451.7% 2.91% +2.35
FLXR TCW Flexible Income ETF Add +21.4% 8.20% +1.02
FSMB First Trust Short Dur Manag Add +121.6% 1.32% +0.69
VCEB Vanguard ESG US Corp. Bond Add +47.8% 0.82% +0.23
GLW Corning Inc. Add +9.6% 0.60% +0.23
IVOO Vanguard S&P Mid-Cap 400 ETF Add +8.5% 3.75% +0.19
MUNY Vanguard NY Tax-Ex Bond Add +13.4% 2.85% +0.18
JIRE JPMorgan Int Res Enh Eqty Add +6.4% 5.50% +0.11
AXP American Express Co. Add +125.4% 0.19% +0.08
IJR iShares Core S&P Small-Cap E Add +4.4% 2.84% +0.07
CVX Chevron Corp. New 0.06% +0.06
MUB iShares National Muni Bond E Add +15.7% 0.70% +0.06
JNJ Johnson & Johnson Add +59.6% 0.12% +0.06
AMAT Applied Materials Inc. New 0.05% +0.05
GLD SPDR Gold Shares New 0.05% +0.05
MU Micron Technology Inc. New 0.05% +0.05
GEV GE Vernova Inc. New 0.04% +0.04
MRK Merck & Co. Inc. New 0.04% +0.04
PFE Pfizer Inc. New 0.04% +0.04
KLAC KLA Corp. New 0.04% +0.04
MAR Marriott International Class A New 0.04% +0.04
KO The Coca-Cola Co. New 0.04% +0.04
PEP Pepsico Inc. New 0.04% +0.04
BSMT Invesco Bulletshares 2029 MB New 0.04% +0.04
XOM Exxon Mobil Corp. Add +12.6% 0.09% +0.03
NUE Nucor Corp. Add +27.0% 0.08% +0.02
COST Costco Wholesale Corp. Add +6.6% 0.10% +0.01
SLB SLB Ltd. Add +1.7% 0.06% +0.01
VEU Vanguard Ftse All-World Ex-U Add +36.1% 0.05% +0.01
LRCX Lam Research Corp. Add +4.9% 0.05% +0.01
WMT Walmart Inc. Add +3.9% 0.06% +0.01
NFLX Netflix Inc. Add +12.5% 0.04% +0.00
TSM Taiwan Semiconductor-SP ADR Add +0.1% 0.06% +0.00
SO The Southern Co. Add +1.4% 0.05% +0.00
CSCO Cisco Systems Inc. Add +3.3% 0.04% −0.00
SCHZ Schwab US Aggregate Bond ETF Add +3.6% 0.06% −0.00
AMD Advanced Micro Devices Add +6.2% 0.07% −0.00
PNC PNC Financial Services Group Add +1.5% 0.10% −0.00
QQQ Invesco QQQ Trust Series 1 Add +2.5% 0.08% −0.01
GE General Electric Add +1.4% 0.08% −0.01
XJH Ishare ESG SS S&P Midcap ETF Add +1.4% 0.44% −0.01
IVW iShares S&P 500 Growth ETF Add +2.1% 0.10% −0.01
GS Goldman Sachs Group Inc. Add +0.9% 0.17% −0.01
NVDA Nvidia Corp. Add +11.2% 1.13% −0.02
IWF iShares Russell 1000 Growth Add +0.2% 0.12% −0.02
AVGO Broadcom Inc. Add +5.4% 0.19% −0.02
RSP Invesco S&P 500 Equal Weight Add +0.3% 0.49% −0.02
LLY Eli Lilly & Co. Add +1.3% 0.13% −0.03
JPM JPMorgan Chase & Co. Add +0.9% 0.22% −0.03

Options Activity Q4 2025 → Q1 2026
META Meta Platforms Inc. Class A put Reduce -22.2% 700 $400K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$609.5MVOO, FLXR, BIV, DFSI, JIRE
Q1 2026 112$538.4MVOO, BIV, FLXR, DFSI, JIRE
Q4 2025 108$510.9MVOO, BIV, FLXR, DFSI, VUG
Q3 2025 127$561.0MVOO, META, BIV, FLXR, DFSI
Q2 2025 92$432.7MVOO, BIV, META, FLXR, DFSI
Q1 2025 87$411.2MVOO, BIV, META, DFSI, VUG
Q4 2024 90$393.7MVOO, BIV, META, VUG, DFSI
Q3 2024 90$378.0MVOO, BIV, META, VUG, DFSI
Q2 2024 78$329.2MVOO, BIV, META, VUG, VYM
Q1 2024 69$309.0MVOO, BIV, META, VYM, VUG