Grove Street Fiduciary, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Grove Street Fiduciary, LLC reported 70 stock positions worth $197.3 million. Its top holding was Emg MKT Internet ETF-USA (EMQQ) at 17.5% of the portfolio, followed by Vngrd Mrngstr MD-Cap Val ETF (VOE, 11.3%) and Vanguard Total Intl Bond ETF (BNDX, 7.9%). Compared with Q4 2024, it opened 16 new positions, sold out of 4, added to 15 and reduced 21. The biggest buy was a new position in Automatic Data Processing (ADP) and the biggest sale Vngrd Mrngstr MD-Cap Val ETF (VOE, shares −3%).

Most Recent 13F
Q2 2026
Location
PETERBOROUGH, NH
CIK
0002054682
Portfolio Value
$197.3M (Q1 2025)
SEC Filing
0002054682-25-000003 ↗ filed May 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q4 2024: $190.5M Q4 2024 Q1 2025: $197.3M $197.3M Q1 2025 Q2 2025: $207.4M Q2 2025 Q3 2025: $211.5M Q3 2025 Q4 2025: $239.2M Q4 2025 Q1 2026: $227.0M Q1 2026 Q2 2026: $236.8M Q2 2026

Holdings 70 stocks · $197.3M
EMQQ Emg MKT Internet ETF-USA Inc. filed as EXCHANGE TRADED CONCEPTS TRU 17.52% 905,891 $34.6M Reduce -2.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 11.34% 139,300 $22.4M Reduce -3.1%
BNDX Vanguard Total Intl Bond ETF 7.85% 317,286 $15.5M Add +2.1%
SCHP Schwab U.S. Tips ETF 7.46% 547,528 $14.7M Add +0.2%
FMQQ FMQQ the Next Fron Int-Usd I filed as EXCHANGE TRADED CONCEPTS TRU 6.75% 1,056,619 $13.3M Reduce -0.7%
SCHZ Schwab US Aggregate Bond ETF 5.56% 473,240 $11.0M Reduce -0.7%
VSS Vanguard Ftse All Wo X-US SC 4.66% 79,520 $9.2M Reduce -0.3%
SCHO Schwab Short-Term US Treas 3.75% 303,860 $7.4M Reduce -5.4%
VEA Vanguard Ftse Developed ETF 3.25% 126,042 $6.4M Reduce -1.4%
VIG Vanguard Dividend Apprec ETF 3.03% 30,839 $6.0M Reduce -4.2%
FNDC Schwab Fndmnt Intl SM Eq ETF 2.02% 109,945 $4.0M Add +3.5%
DFIP Dimensional Inflation-Protec 2.01% 94,239 $4.0M Reduce -0.0%
DLS Wisdomtree Intl S/C DVD Fund 1.84% 54,958 $3.6M Reduce -2.3%
BND Vanguard Total Bond Market 1.84% 49,331 $3.6M Add +5.5%
IAGG iShares Intl Aggregate Bond 1.70% 67,047 $3.4M Reduce -7.1%
VGSH Vanguard Short-Term Treasury 1.33% 44,708 $2.6M Add +8.7%
SCHC Schwab Intl Small-Cap Equity 1.14% 62,694 $2.2M Reduce -2.3%
INQQ Inqq the India Internet ETF filed as EXCHANGE TRADED CONCEPTS TRU 1.10% 151,055 $2.2M Add +4.9%
DFAT Dimensional US Target Value 1.08% 41,263 $2.1M Reduce -6.8%
VEU Vanguard Ftse All-World Ex-U 1.07% 34,692 $2.1M Add +0.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.04% 3,651 $2.0M No change
MSFT Microsoft Corp. 0.79% 4,175 $1.6M Add +35.7%
VWO Vanguard Ftse Emerging Marke 0.73% 31,667 $1.4M Reduce -26.7%
AAPL Apple Inc. 0.69% 6,100 $1.4M Add +30.1%
VB Vanguard Most SM-Cap ETF-Usd 0.63% 5,612 $1.2M No change
DFSV Dimensional US Small Cap Val 0.62% 43,757 $1.2M Reduce -21.9%
JPM JPMorgan Chase & Co. 0.58% 4,673 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.52% 1,933 $1.0M No change
ADP Automatic Data Processing 0.48% 3,129 $956K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.45% 3,554 $884K Add +44.8%
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.43% 27,215 $840K Reduce -11.2%
VGT Vanguard Info Tech ETF 0.39% 1,428 $775K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.38% 4,298 $743K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.31% 2,337 $605K No change
NVDA Nvidia Corp. 0.30% 5,469 $593K Reduce -3.2%
ABBV Abbvie Inc. 0.29% 2,749 $576K New
GE General Electric filed as GE AEROSPACE 0.27% 2,665 $534K Add +42.8%
HD Home Depot Inc. 0.25% 1,354 $496K Add +18.1%
VTHR Vanguard Russell 3000 0.25% 1,992 $492K No change
IVV iShares Core S&P 500 ETF 0.24% 831 $467K Reduce -1.2%
XOM Exxon Mobil Corp. 0.21% 3,534 $420K New
IJH iShares Core S&P Midcap ETF 0.21% 7,187 $419K Add +47.1%
ABT Abbott Laboratories 0.19% 2,771 $368K New
WM Waste Management Inc. 0.17% 1,489 $345K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.17% 1,319 $332K No change
VOO Vanguard S&P 500 ETF 0.16% 598 $308K Reduce -10.2%
MMM 3M Co. 0.15% 2,070 $304K New
BR Broadridge Financial Solutio 0.15% 1,218 $295K New
CW Curtiss-Wright Corp. 0.15% 926 $294K No change
DFUV Dimensional US Marketwide Va 0.15% 7,042 $290K No change
AMZN Amazon.com Inc. 0.14% 1,491 $284K Reduce -1.4%
WFC Wells Fargo & Co. 0.14% 3,766 $270K No change
ITOT iShares Core S&P Total U.S. 0.14% 2,206 $269K New
JNJ Johnson & Johnson 0.14% 1,614 $268K New
VCEB Vanguard ESG US Corp. Bond 0.13% 4,058 $255K No change
TIP iShares Tips Bond ETF 0.13% 2,288 $254K No change
ZBRA Zebra Technologies Corp. Class A 0.13% 897 $253K No change
BX Blackstone Inc. 0.13% 1,804 $252K New
PG The Procter & Gamble Co. 0.13% 1,462 $249K Add +1.3%
GOOGL Alphabet Inc. Class A 0.12% 1,580 $244K Add +33.7%
VNQ Vanguard Real Estate ETF 0.12% 2,670 $242K New
META Meta Platforms Inc. Class A 0.12% 419 $242K Reduce -11.6%
XLK SS Technology Select Sector 0.12% 1,157 $239K No change
AON Aon PLC Class A 0.12% 576 $230K No change
PM Philip Morris International 0.11% 1,415 $225K New
MRSH Marsh & McLennan Cos 0.11% 875 $214K New
AMGN Amgen Inc. 0.11% 671 $209K New
COST Costco Wholesale Corp. 0.10% 214 $202K New
SCHR Schwab Intermediate-Term US 0.10% 8,085 $201K New
BRW Saba Capital Income & Opport 0.05% 11,532 $89K No change

Portfolio Sells Q4 2024 → Q1 2025
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -3.1% 11.34% −0.87
SCHO Schwab Short-Term US Treas Reduce -5.4% 3.75% −0.31
DFSV Dimensional US Small Cap Val Reduce -21.9% 0.62% −0.28
VIG Vanguard Dividend Apprec ETF Reduce -4.2% 3.03% −0.28
VWO Vanguard Ftse Emerging Marke Reduce -26.7% 0.73% −0.27
FMQQ FMQQ the Next Fron Int-Usd I Reduce -0.7% 6.75% −0.27
DFAT Dimensional US Target Value Reduce -6.8% 1.08% −0.22
IAGG iShares Intl Aggregate Bond Reduce -7.1% 1.70% −0.19
AVGO Broadcom Inc. Sold out 0.00% −0.15
VSS Vanguard Ftse All Wo X-US SC Reduce -0.3% 4.66% −0.13
GOOG Alphabet Inc. Class C Sold out 0.00% −0.13
SCHZ Schwab US Aggregate Bond ETF Reduce -0.7% 5.56% −0.13
DDS Dillards Inc. Class A Sold out 0.00% −0.12
SYM Symbotic Inc. Sold out 0.00% −0.11
NVDA Nvidia Corp. Reduce -3.2% 0.30% −0.10
XSOE Wisdmtree Emerg MKT Ex-St Ow Reduce -11.2% 0.43% −0.06
VOO Vanguard S&P 500 ETF Reduce -10.2% 0.16% −0.03
AMZN Amazon.com Inc. Reduce -1.4% 0.14% −0.03
META Meta Platforms Inc. Class A Reduce -11.6% 0.12% −0.02
IVV iShares Core S&P 500 ETF Reduce -1.2% 0.24% −0.02
DLS Wisdomtree Intl S/C DVD Fund Reduce -2.3% 1.84% −0.02
SCHC Schwab Intl Small-Cap Equity Reduce -2.3% 1.14% −0.02
DFIP Dimensional Inflation-Protec Reduce -0.0% 2.01% +0.01
VEA Vanguard Ftse Developed ETF Reduce -1.4% 3.25% +0.04
EMQQ Emg MKT Internet ETF-USA Inc. Reduce -2.2% 17.52% +0.75

Portfolio Buys Q4 2024 → Q1 2025
ADP Automatic Data Processing New 0.48% +0.48
ABBV Abbvie Inc. New 0.29% +0.29
XOM Exxon Mobil Corp. New 0.21% +0.21
ABT Abbott Laboratories New 0.19% +0.19
WM Waste Management Inc. New 0.17% +0.17
IBM Intl Business Machines Corp. Add +44.8% 0.45% +0.16
MMM 3M Co. New 0.15% +0.15
BR Broadridge Financial Solutio New 0.15% +0.15
ITOT iShares Core S&P Total U.S. New 0.14% +0.14
JNJ Johnson & Johnson New 0.14% +0.14
BX Blackstone Inc. New 0.13% +0.13
VNQ Vanguard Real Estate ETF New 0.12% +0.12
PM Philip Morris International New 0.11% +0.11
MSFT Microsoft Corp. Add +35.7% 0.79% +0.11
FNDC Schwab Fndmnt Intl SM Eq ETF Add +3.5% 2.02% +0.11
MRSH Marsh & McLennan Cos New 0.11% +0.11
GE General Electric Add +42.8% 0.27% +0.11
AMGN Amgen Inc. New 0.11% +0.11
COST Costco Wholesale Corp. New 0.10% +0.10
SCHR Schwab Intermediate-Term US New 0.10% +0.10
VGSH Vanguard Short-Term Treasury Add +8.7% 1.33% +0.07
BND Vanguard Total Bond Market Add +5.5% 1.84% +0.07
AAPL Apple Inc. Add +30.1% 0.69% +0.07
IJH iShares Core S&P Midcap ETF Add +47.1% 0.21% +0.05
SCHP Schwab U.S. Tips ETF Add +0.2% 7.46% +0.05
VEU Vanguard Ftse All-World Ex-U Add +0.5% 1.07% +0.03
HD Home Depot Inc. Add +18.1% 0.25% +0.02
GOOGL Alphabet Inc. Class A Add +33.7% 0.12% +0.01
PG The Procter & Gamble Co. Add +1.3% 0.13% −0.00
INQQ Inqq the India Internet ETF Add +4.9% 1.10% −0.13
BNDX Vanguard Total Intl Bond ETF Add +2.1% 7.85% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 75$236.8MVBR, VOE, EMQQ, BNDX, SCHP
Q1 2026 74$227.0MVBR, EMQQ, VOE, BNDX, SCHP
Q4 2025 76$239.2MEMQQ, VBR, VOE, BNDX, SCHP
Q3 2025 73$211.5MEMQQ, VOE, BNDX, FMQQ, SCHP
Q2 2025 73$207.4MEMQQ, VOE, BNDX, FMQQ, SCHP
Q1 2025 70$197.3MEMQQ, VOE, BNDX, SCHP, FMQQ
Q4 2024 58$190.5MEMQQ, VOE, BNDX, SCHP, FMQQ