Grove Street Fiduciary, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Grove Street Fiduciary, LLC reported 73 stock positions worth $207.4 million. Its top holding was Emg MKT Internet ETF-USA (EMQQ) at 17.3% of the portfolio, followed by Vngrd Mrngstr MD-Cap Val ETF (VOE, 10.8%) and Vanguard Total Intl Bond ETF (BNDX, 7.5%). Compared with Q1 2025, it opened 6 new positions, sold out of 3, added to 4 and reduced 38. The biggest buy was Vanguard Dividend Apprec ETF (VIG, shares +13%) and the biggest sale Schwab U.S. Tips ETF (SCHP, shares −1%).

Most Recent 13F
Q2 2026
Location
PETERBOROUGH, NH
CIK
0002054682
Portfolio Value
$207.4M (Q2 2025)
SEC Filing
0002054682-25-000005 ↗ filed Aug 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q4 2024: $190.5M Q4 2024 Q1 2025: $197.3M Q1 2025 Q2 2025: $207.4M $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 73 stocks · $207.4M
EMQQ Emg MKT Internet ETF-USA Inc. filed as EXCHANGE TRADED CONCEPTS TRU 17.34% 862,785 $36.0M Reduce -4.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 10.84% 136,747 $22.5M Reduce -1.8%
BNDX Vanguard Total Intl Bond ETF 7.50% 314,144 $15.6M Reduce -1.0%
FMQQ FMQQ the Next Fron Int-Usd I filed as EXCHANGE TRADED CONCEPTS TRU 7.40% 1,012,027 $15.3M Reduce -4.2%
SCHP Schwab U.S. Tips ETF 6.95% 540,411 $14.4M Reduce -1.3%
SCHZ Schwab US Aggregate Bond ETF 5.26% 469,303 $10.9M Reduce -0.8%
VSS Vanguard Ftse All Wo X-US SC 4.99% 77,043 $10.4M Reduce -3.1%
SCHO Schwab Short-Term US Treas 3.50% 297,664 $7.3M Reduce -2.0%
VEA Vanguard Ftse Developed ETF 3.45% 125,467 $7.2M Reduce -0.5%
VIG Vanguard Dividend Apprec ETF 3.43% 34,772 $7.1M Add +12.8%
FNDC Schwab Fndmnt Intl SM Eq ETF 2.25% 110,901 $4.7M Add +0.9%
DLS Wisdomtree Intl S/C DVD Fund 1.87% 51,553 $3.9M Reduce -6.2%
DFIP Dimensional Inflation-Protec 1.85% 91,644 $3.8M Reduce -2.8%
BND Vanguard Total Bond Market 1.74% 49,001 $3.6M Reduce -0.7%
IAGG iShares Intl Aggregate Bond 1.56% 63,484 $3.2M Reduce -5.3%
VGSH Vanguard Short-Term Treasury 1.24% 43,662 $2.6M Reduce -2.3%
INQQ Inqq the India Internet ETF filed as EXCHANGE TRADED CONCEPTS TRU 1.19% 148,806 $2.5M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.09% 3,654 $2.3M Add +0.1%
SCHC Schwab Intl Small-Cap Equity 1.06% 51,580 $2.2M Reduce -17.7%
DFAT Dimensional US Target Value 1.06% 40,677 $2.2M Reduce -1.4%
VEU Vanguard Ftse All-World Ex-U 1.04% 32,232 $2.2M Reduce -7.1%
MSFT Microsoft Corp. 1.00% 4,166 $2.1M Reduce -0.2%
VWO Vanguard Ftse Emerging Marke 0.75% 31,365 $1.6M Reduce -0.9%
JPM JPMorgan Chase & Co. 0.65% 4,673 $1.4M No change
DFSV Dimensional US Small Cap Val 0.62% 43,757 $1.3M No change
VB Vanguard Most SM-Cap ETF-Usd 0.62% 5,409 $1.3M Reduce -3.6%
AAPL Apple Inc. 0.60% 6,084 $1.2M Reduce -0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.51% 3,554 $1.0M No change
ADP Automatic Data Processing 0.46% 3,117 $961K Reduce -0.4%
VGT Vanguard Info Tech ETF 0.46% 1,428 $947K No change
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.45% 27,215 $938K No change
BRK.B Berkshire Hathaway Inc. Class B 0.43% 1,833 $890K Reduce -5.2%
NVDA Nvidia Corp. 0.42% 5,469 $864K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.35% 4,149 $733K Reduce -3.5%
GE General Electric filed as GE AEROSPACE 0.33% 2,665 $686K No change
VTHR Vanguard Russell 3000 0.26% 1,992 $543K No change
IVV iShares Core S&P 500 ETF 0.25% 831 $516K No change
ABBV Abbvie Inc. 0.24% 2,733 $507K Reduce -0.6%
HD Home Depot Inc. 0.23% 1,287 $472K Reduce -5.0%
CW Curtiss-Wright Corp. 0.22% 926 $452K No change
IJH iShares Core S&P Midcap ETF 0.22% 7,200 $447K Add +0.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.21% 1,576 $441K Reduce -32.6%
XOM Exxon Mobil Corp. 0.18% 3,512 $379K Reduce -0.6%
ABT Abbott Laboratories 0.18% 2,746 $373K Reduce -0.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.18% 1,319 $365K No change
WM Waste Management Inc. 0.16% 1,489 $341K No change
GEV GE Vernova Inc. 0.16% 640 $339K New
SYM Symbotic Inc. 0.16% 8,445 $328K New
AMZN Amazon.com Inc. 0.16% 1,491 $327K No change
MMM 3M Co. 0.15% 2,070 $315K No change
VOO Vanguard S&P 500 ETF 0.15% 553 $314K Reduce -7.5%
META Meta Platforms Inc. Class A 0.15% 419 $309K No change
WFC Wells Fargo & Co. 0.15% 3,766 $302K No change
ITOT iShares Core S&P Total U.S. 0.14% 2,206 $298K No change
XLK SS Technology Select Sector 0.14% 1,157 $293K No change
BR Broadridge Financial Solutio 0.14% 1,199 $291K Reduce -1.6%
GOOGL Alphabet Inc. Class A 0.13% 1,580 $278K No change
DFUV Dimensional US Marketwide Va 0.13% 6,544 $277K Reduce -7.1%
ZBRA Zebra Technologies Corp. Class A 0.13% 897 $277K No change
BX Blackstone Inc. 0.13% 1,804 $270K No change
PM Philip Morris International 0.12% 1,415 $258K No change
VIGI Vanguard Int Div App Indx FD 0.12% 2,814 $254K New
TIP iShares Tips Bond ETF 0.12% 2,270 $250K Reduce -0.8%
VCEB Vanguard ESG US Corp. Bond 0.12% 3,861 $245K Reduce -4.8%
AVGO Broadcom Inc. 0.12% 866 $239K New
PG The Procter & Gamble Co. 0.11% 1,443 $230K Reduce -1.3%
GOOG Alphabet Inc. Class C 0.11% 1,276 $226K New
VNQ Vanguard Real Estate ETF 0.11% 2,447 $218K Reduce -8.3%
DDS Dillards Inc. Class A 0.10% 514 $215K New
COST Costco Wholesale Corp. 0.10% 209 $207K Reduce -2.3%
AON Aon PLC Class A 0.10% 576 $205K No change
SCHR Schwab Intermediate-Term US 0.10% 8,085 $202K No change
BRW Saba Capital Income & Opport 0.04% 11,532 $93K No change

Portfolio Sells Q1 2025 → Q2 2025
SCHP Schwab U.S. Tips ETF Reduce -1.3% 6.95% −0.51
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -1.8% 10.84% −0.49
BNDX Vanguard Total Intl Bond ETF Reduce -1.0% 7.50% −0.35
SCHZ Schwab US Aggregate Bond ETF Reduce -0.8% 5.26% −0.30
SCHO Schwab Short-Term US Treas Reduce -2.0% 3.50% −0.25
EMQQ Emg MKT Internet ETF-USA Inc. Reduce -4.8% 17.34% −0.19
DFIP Dimensional Inflation-Protec Reduce -2.8% 1.85% −0.16
JNJ Johnson & Johnson Sold out 0.00% −0.14
IAGG iShares Intl Aggregate Bond Reduce -5.3% 1.56% −0.13
MRSH Marsh & McLennan Cos Sold out 0.00% −0.11
AMGN Amgen Inc. Sold out 0.00% −0.11
BND Vanguard Total Bond Market Reduce -0.7% 1.74% −0.10
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -32.6% 0.21% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -5.2% 0.43% −0.09
VGSH Vanguard Short-Term Treasury Reduce -2.3% 1.24% −0.09
AAPL Apple Inc. Reduce -0.3% 0.60% −0.08
SCHC Schwab Intl Small-Cap Equity Reduce -17.7% 1.06% −0.08
ABBV Abbvie Inc. Reduce -0.6% 0.24% −0.05
XOM Exxon Mobil Corp. Reduce -0.6% 0.18% −0.03
HD Home Depot Inc. Reduce -5.0% 0.23% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.5% 0.35% −0.02
VEU Vanguard Ftse All-World Ex-U Reduce -7.1% 1.04% −0.02
ADP Automatic Data Processing Reduce -0.4% 0.46% −0.02
DFAT Dimensional US Target Value Reduce -1.4% 1.06% −0.02
VNQ Vanguard Real Estate ETF Reduce -8.3% 0.11% −0.02
PG The Procter & Gamble Co. Reduce -1.3% 0.11% −0.02
DFUV Dimensional US Marketwide Va Reduce -7.1% 0.13% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.6% 0.62% −0.01
VCEB Vanguard ESG US Corp. Bond Reduce -4.8% 0.12% −0.01
BR Broadridge Financial Solutio Reduce -1.6% 0.14% −0.01
TIP iShares Tips Bond ETF Reduce -0.8% 0.12% −0.01
ABT Abbott Laboratories Reduce -0.9% 0.18% −0.01
VOO Vanguard S&P 500 ETF Reduce -7.5% 0.15% −0.00
COST Costco Wholesale Corp. Reduce -2.3% 0.10% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -0.9% 0.75% +0.02
DLS Wisdomtree Intl S/C DVD Fund Reduce -6.2% 1.87% +0.03
INQQ Inqq the India Internet ETF Reduce -1.5% 1.19% +0.09
VEA Vanguard Ftse Developed ETF Reduce -0.5% 3.45% +0.20
MSFT Microsoft Corp. Reduce -0.2% 1.00% +0.20
VSS Vanguard Ftse All Wo X-US SC Reduce -3.1% 4.99% +0.33
FMQQ FMQQ the Next Fron Int-Usd I Reduce -4.2% 7.40% +0.65

Portfolio Buys Q1 2025 → Q2 2025
VIG Vanguard Dividend Apprec ETF Add +12.8% 3.43% +0.40
FNDC Schwab Fndmnt Intl SM Eq ETF Add +0.9% 2.25% +0.23
GEV GE Vernova Inc. New 0.16% +0.16
SYM Symbotic Inc. New 0.16% +0.16
VIGI Vanguard Int Div App Indx FD New 0.12% +0.12
AVGO Broadcom Inc. New 0.12% +0.12
GOOG Alphabet Inc. Class C New 0.11% +0.11
DDS Dillards Inc. Class A New 0.10% +0.10
SPY SS SPDR S&P 500 ETF Trust-US Add +0.1% 1.09% +0.05
IJH iShares Core S&P Midcap ETF Add +0.2% 0.22% +0.00

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