Granite FO LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Granite FO LLC reported 186 stock positions worth $175.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 18.6% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 14.7%) and Berkshire Hathaway Class A (BRK.A, 13.6%). Compared with Q3 2024, it added to 10 and reduced 8. The biggest buy was Blue Owl Capital (OWL, shares +0%) and the biggest sale Regeneron Pharmaceuticals (REGN, shares −100%).

Most Recent 13F
Q2 2026
Location
BEDFORD, NH
CIK
0002034090
Portfolio Value
$175.0M (Q4 2024)
SEC Filing
0001420506-25-000176 ↗ filed Feb 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $170.2M Q1 2024 Q2 2024: $156.5M Q2 2024 Q3 2024: $176.7M Q3 2024 Q4 2024: $175.0M $175.0M Q4 2024 Q1 2025: $176.0M Q1 2025 Q2 2025: $176.5M Q2 2025 Q3 2025: $184.1M Q3 2025 Q4 2025: $187.5M Q4 2025 Q1 2026: $169.0M Q1 2026 Q2 2026: $189.1M Q2 2026

Holdings 186 stocks · $175.0M
SPY SS SPDR S&P 500 ETF Trust-US 18.60% 55,566 $32.6M Reduce -0.0%
VIG Vanguard Dividend Apprec ETF 14.75% 131,830 $25.8M Reduce -0.4%
BRK.A Berkshire Hathaway Inc. Class A 13.61% 35 $23.8M No change
VYM Vanguard High DVD Yield ETF 5.72% 78,528 $10.0M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 5.25% 20,280 $9.2M No change
MDY State Street SPDR S&P Midcap 4.88% 14,986 $8.5M Add +1.6%
GBDC Golub Capital BDC Inc. 4.62% 534,030 $8.1M Reduce -9.6%
OWL Blue Owl Capital Inc. 3.18% 239,108 $5.6M Add +0.1%
MU Micron Technology Inc. 2.54% 52,734 $4.4M No change
ARCC Ares Capital Corp. 2.21% 176,965 $3.9M No change
DVY iShares Select Dividend ETF 2.20% 29,337 $3.9M No change
AMZN Amazon.com Inc. 2.03% 16,224 $3.6M Reduce -8.8%
IJR iShares Core S&P Small-Cap E 1.52% 23,150 $2.7M Add +0.7%
AAPL Apple Inc. 1.32% 9,219 $2.3M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 1.15% 12,460 $2.0M No change
IVV iShares Core S&P 500 ETF 1.15% 3,413 $2.0M No change
USMV iShares MSCI USA Min Vol Fac 1.10% 21,735 $1.9M No change
ACWV iShares MSCI Global Min Vol 1.05% 16,803 $1.8M Reduce -0.4%
MSFT Microsoft Corp. 0.93% 3,846 $1.6M No change
ARES Ares Management Corp. Class A 0.78% 7,705 $1.4M No change
XLF SS Financial Select Sector 0.72% 25,920 $1.3M No change
VOO Vanguard S&P 500 ETF 0.70% 2,289 $1.2M Add +0.1%
OBDC Blue Owl Capital Corp. 0.67% 77,300 $1.2M Reduce -3.1%
GOOG Alphabet Inc. Class C 0.59% 5,423 $1.0M No change
LLY Eli Lilly & Co. 0.55% 1,250 $965K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.42% 3,714 $736K No change
GLD SPDR Gold Shares 0.39% 2,800 $678K No change
XLE SS Energy Select Sector 0.37% 7,570 $648K No change
PFE Pfizer Inc. 0.37% 24,242 $643K Add +8.6%
IYH iShares U.S. Healthcare ETF 0.33% 9,767 $569K No change
JPM JPMorgan Chase & Co. 0.31% 2,238 $536K No change
IWS iShares Russell Mid-Cap Valu 0.30% 4,043 $523K No change
VGK Vanguard Ftse Europe ETF 0.28% 7,810 $496K No change
GOOGL Alphabet Inc. Class A 0.27% 2,496 $472K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.24% 1,028 $422K No change
WMT Walmart Inc. 0.23% 4,389 $397K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.21% 1,385 $366K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.21% 855 $364K No change
CWB SS SPDR BB Conv Sec ETF 0.20% 4,556 $355K No change
KKR KKR & Co. Inc. 0.17% 2,000 $296K No change
VNQ Vanguard Real Estate ETF 0.15% 2,924 $260K No change
MRSH Marsh & McLennan Cos 0.15% 1,200 $255K No change
CAT Caterpillar Inc. 0.14% 685 $248K No change
UPS United Parcel Service Class B 0.13% 1,800 $227K No change
BSX Boston Scientific Corp. 0.12% 2,400 $214K No change
PM Philip Morris International 0.12% 1,700 $205K No change
IWV iShares Russell 3000 ETF 0.12% 612 $205K No change
PG The Procter & Gamble Co. 0.12% 1,204 $202K No change
JNJ Johnson & Johnson 0.12% 1,395 $202K No change
BSV Vanguard Short-Term Bond ETF 0.11% 2,604 $201K Add +1.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 1,187 $201K No change
IAU iShares Gold Trust 0.10% 3,565 $177K No change
UBSI United Bankshares Inc. 0.10% 4,619 $173K No change
IWD iShares Russell 1000 Value E 0.10% 904 $167K Add +0.2%
APO Apollo Global Management Inc. 0.09% 950 $157K No change
BA The Boeing Co. 0.09% 884 $156K No change
WM Waste Management Inc. 0.09% 770 $155K No change
LPX Louisiana-Pacific Corp. 0.09% 1,500 $155K No change
ACWI iShares MSCI Acwi ETF 0.09% 1,295 $152K No change
XBI SS SPDR S&P Biotech ETF 0.08% 1,550 $140K No change
MRK Merck & Co. Inc. 0.07% 1,320 $131K No change
RPM RPM International Inc. 0.07% 1,023 $126K No change
INTC Intel Corp. 0.06% 5,253 $105K No change
CMCSA Comcast Corp. Class A 0.06% 2,665 $100K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 428 $94K No change
KTOS Kratos Defense & Security 0.05% 3,500 $92K No change
JOE The St Joe Co. 0.05% 2,000 $90K No change
AGG iShares Core U.S. Aggregate 0.05% 895 $87K Add +1.4%
BABA Alibaba Group Holding-SP ADR 0.05% 976 $83K No change
QCOM Qualcomm Inc. 0.05% 533 $82K No change
EIX Edison International 0.05% 1,000 $80K No change
VB Vanguard Most SM-Cap ETF-Usd 0.04% 328 $79K No change
DXJ Wisdomtree Japan Hedged Eq 0.04% 700 $77K No change
CP Canadian Pacific Kansas City 0.04% 1,000 $72K No change
CB Chubb Ltd. 0.04% 260 $72K No change
GE General Electric filed as GE AEROSPACE 0.04% 421 $70K No change
ALTI Alti Global Inc. 0.04% 15,830 $70K Add +216.6%
MO Altria Group Inc. 0.04% 1,302 $68K No change
XLI SS Industrial Select Sector 0.04% 500 $66K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.04% 243 $66K No change
DBC Invesco DB Commodity Index T 0.04% 3,053 $65K No change
UBER Uber Technologies Inc. 0.04% 1,055 $64K No change
ES Eversource Energy 0.03% 1,000 $57K No change
NVO Novo-Nordisk A/S-Spons ADR 0.03% 590 $51K No change
F Ford Motor Co. filed as FORD MTR CO 0.03% 5,000 $50K No change
ABT Abbott Laboratories 0.03% 425 $48K No change
SHY iShares 1-3 Year Treasury Bo 0.03% 580 $48K No change
NVDA Nvidia Corp. 0.03% 350 $47K No change
EMR Emerson Electric Co. 0.02% 337 $42K No change
TKO Tko Group Holdings Inc. 0.02% 293 $42K No change
RXST Rxsight Inc. 0.02% 1,078 $37K No change
CRM Salesforce Inc. 0.02% 103 $34K No change
GEV GE Vernova Inc. 0.02% 104 $34K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 772 $34K No change
AXP American Express Co. 0.02% 104 $31K No change
PCG P G & E Corp. 0.02% 1,500 $30K No change
XOM Exxon Mobil Corp. 0.02% 278 $30K No change
AIG American International Group 0.02% 385 $28K No change
IYR iShares US Real Estate ETF 0.02% 300 $28K No change
CRH CRH PLC 0.02% 300 $28K No change
HAL Halliburton Co. 0.02% 1,000 $27K No change
IWM iShares Russell 2000 ETF 0.01% 117 $26K No change
SLV iShares Silver Trust 0.01% 950 $25K No change
BLK BlackRock Inc. 0.01% 20 $21K No change
EFA iShares MSCI Eafe ETF 0.01% 252 $19K No change
KMB Kimberly-Clark Corp. 0.01% 126 $17K No change
CVS CVS Health Corp. 0.01% 350 $16K No change
IEI iShares 3-7 Year Treasury Bo 0.01% 133 $15K No change
TSLA Tesla Inc. 0.01% 37 $15K No change
META Meta Platforms Inc. Class A 0.01% 18 $11K No change
NFLX Netflix Inc. 0.01% 10 $9K No change
WFC Wells Fargo & Co. 0.00% 108 $8K No change
ADSK Autodesk Inc. 0.00% 25 $7K No change
V Visa Inc. Class A 0.00% 23 $7K No change
T AT&T Inc. 0.00% 312 $7K No change
ORCL Oracle Corp. 0.00% 42 $7K No change
BAX Baxter International Inc. 0.00% 211 $6K No change
EEM iShares MSCI Emerging Market 0.00% 138 $6K No change
PH Parker Hannifin Corp. 0.00% 9 $6K No change
DUK Duke Energy Corp. 0.00% 50 $5K No change
XLRE SS Real Estate Select Sector 0.00% 125 $5K No change
LMT Lockheed Martin Corp. 0.00% 10 $5K No change
AMP Ameriprise Financial Inc. 0.00% 9 $5K No change
COF Capital One Financial Corp. 0.00% 22 $4K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 34 $4K No change
CTVA Corteva Inc. 0.00% 66 $4K No change
VWOB Vanguard Emerg MKTS Gov BND 0.00% 58 $4K No change
SHOP Shopify Inc. Class A 0.00% 33 $4K No change
LEN Lennar Corp. Class A 0.00% 25 $3K No change
SONY Sony Group Corp. - SP ADR 0.00% 160 $3K No change
ANSS Ansys Inc. 0.00% 10 $3K No change
VRTX Vertex Pharmaceuticals Inc. 0.00% 8 $3K No change
ATO Atmos Energy Corp. 0.00% 23 $3K No change
ADBE Adobe Inc. 0.00% 7 $3K No change
BX Blackstone Inc. 0.00% 18 $3K No change
MLM Martin Marietta Materials 0.00% 6 $3K No change
VZ Verizon Communications Inc. 0.00% 77 $3K No change
USB US Bancorp 0.00% 64 $3K No change
MNST Monster Beverage Corp. 0.00% 56 $3K No change
ECL Ecolab Inc. 0.00% 12 $3K No change
KO The Coca-Cola Co. 0.00% 44 $3K No change
HON Honeywell International Inc. 0.00% 12 $3K No change
PNC PNC Financial Services Group 0.00% 14 $3K No change
XYL Xylem Inc. 0.00% 23 $3K No change
XEL Xcel Energy Inc. 0.00% 39 $3K No change
ALC Alcon Inc. filed as ALCON AG 0.00% 31 $3K No change
AMGN Amgen Inc. 0.00% 10 $3K No change
DHR Danaher Corp. 0.00% 11 $3K No change
LOW Lowe's Cos Inc. 0.00% 10 $2K No change
GD General Dynamics Corp. 0.00% 9 $2K No change
CTRA Coterra Energy Inc. 0.00% 92 $2K No change
TDY Teledyne Technologies Inc. 0.00% 5 $2K No change
CFR Cullen/Frost Bankers Inc. 0.00% 17 $2K No change
AWK American Water Works Co. Inc. 0.00% 18 $2K No change
MCHP Microchip Technology Inc. 0.00% 39 $2K No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.00% 186 $2K No change
REGN Regeneron Pharmaceuticals 0.00% 3 $2K Reduce -99.7%
ELS Equity Lifestyle Properties 0.00% 32 $2K No change
TTE Totalenergies SE -Spon ADR 0.00% 39 $2K No change
SBUX Starbucks Corp. 0.00% 23 $2K No change
ISRG Intuitive Surgical Inc. 0.00% 4 $2K No change
FDS Factset Research Systems Inc. 0.00% 4 $2K No change
DD Dupont DE Nemours Inc. 0.00% 25 $2K No change
MDT Medtronic PLC 0.00% 23 $2K No change
STZ Constellation Brands Inc. Class A 0.00% 8 $2K No change
SEIC Sei Investments Company 0.00% 21 $2K No change
TMO Thermo Fisher Scientific Inc. 0.00% 3 $2K No change
CBSH Commerce Bancshares Inc. 0.00% 25 $2K Add +4.2%
EXPD Expeditors Intl Wash Inc. 0.00% 14 $2K No change
OSK Oshkosh Corp. 0.00% 16 $2K No change
ILMN Illumina Inc. 0.00% 11 $1K No change
XYZ Block Inc. 0.00% 17 $1K No change
PYPL PayPal Holdings Inc. 0.00% 16 $1K No change
NVS Novartis AG-Sponsored ADR 0.00% 14 $1K No change
WF Woori Financial-Spon ADR 0.00% 43 $1K No change
YUM Yum! Brands Inc. 0.00% 10 $1K No change
BBJP JPMorgan Betabuilders Japan 0.00% 24 $1K No change
WDAY Workday Inc. Class A 0.00% 5 $1K No change
NKE Nike Inc. Class B 0.00% 17 $1K No change
GEHC GE Healthcare Technology 0.00% 15 $1K No change
DE Deere & Co. 0.00% 2 $847 No change
WBD Warner Bros Discovery Inc. 0.00% 75 $793 No change
BBCA JPMorgan Betabuilders Canada 0.00% 10 $706 No change
BBAX JPMorgan Betabuilders Develo 0.00% 12 $585 No change
YUMC Yum China Holdings Inc. 0.00% 11 $530 No change
GRAL Grail Inc. 0.00% 1 $18 No change

Portfolio Sells Q3 2024 → Q4 2024
REGN Regeneron Pharmaceuticals Reduce -99.7% 0.00% −0.51
GBDC Golub Capital BDC Inc. Reduce -9.6% 4.62% −0.43
VIG Vanguard Dividend Apprec ETF Reduce -0.4% 14.75% −0.08
ACWV iShares MSCI Global Min Vol Reduce -0.4% 1.05% −0.04
OBDC Blue Owl Capital Corp. Reduce -3.1% 0.67% +0.01
VYM Vanguard High DVD Yield ETF Reduce -0.3% 5.72% +0.01
AMZN Amazon.com Inc. Reduce -8.8% 2.03% +0.16
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 18.60% +0.55

Portfolio Buys Q3 2024 → Q4 2024
OWL Blue Owl Capital Inc. Add +0.1% 3.18% +0.56
MDY State Street SPDR S&P Midcap Add +1.6% 4.88% +0.12
ALTI Alti Global Inc. Add +216.6% 0.04% +0.03
VOO Vanguard S&P 500 ETF Add +0.1% 0.70% +0.02
PFE Pfizer Inc. Add +8.6% 0.37% +0.00
IJR iShares Core S&P Small-Cap E Add +0.7% 1.52% +0.00
BSV Vanguard Short-Term Bond ETF Add +1.2% 0.11% +0.00
CBSH Commerce Bancshares Inc. Add +4.2% 0.00% +0.00
AGG iShares Core U.S. Aggregate Add +1.4% 0.05% −0.00
IWD iShares Russell 1000 Value E Add +0.2% 0.10% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 171$189.1MSPY, VIG, MU, BRK.A, MDY
Q1 2026Amended 170$169.0MSPY, VIG, BRK.A, VYM, MDY
Q4 2025 175$187.5MSPY, VIG, BRK.A, MU, VYM
Q3 2025 191$184.1MSPY, VIG, BRK.A, VYM, BRK.B
Q2 2025 188$176.5MSPY, BRK.A, VIG, VYM, BRK.B
Q1 2025 187$176.0MSPY, BRK.A, VIG, BRK.B, VYM
Q4 2024 186$175.0MSPY, VIG, BRK.A, VYM, BRK.B
Q3 2024 186$176.7MSPY, VIG, BRK.A, VYM, BRK.B
Q2 2024 49$156.5MSPY, VIG, BRK.A, VYM, BRK.B
Q1 2024 202$170.2MSPY, VIG, BRK.A, VYM, BRK.B