Harbor Group, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 14, 2025), Harbor Group, Inc. reported 99 stock positions worth $564.0 million. Its top holding was BNY Mellon Concentrated Intl (BKCI) at 8.0% of the portfolio, followed by JPMorgan Core Plus Bond ETF (JCPB, 7.9%) and Fidelity Total Bond ETF (FBND, 7.9%). Compared with Q1 2025, it opened 6 new positions, sold out of 2, added to 48 and reduced 24. The biggest buy was Franklin U.S. Mid Cap Multif (FLQM, shares +26%) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −6%).

Most Recent 13F
Q2 2026
Location
BEDFORD, NH
CIK
0001840486
Portfolio Value
$564.0M (Q2 2025)
SEC Filing
0001085146-25-003785 ↗ filed Jul 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $379.2M Q1 2024 Q2 2024: $390.5M Q2 2024 Q3 2024: $432.5M Q3 2024 Q4 2024: $445.0M Q4 2024 Q1 2025: $500.4M Q1 2025 Q2 2025: $564.0M $564.0M Q2 2025 Q3 2025: $628.6M Q3 2025 Q4 2025: $667.7M Q4 2025 Q1 2026: $692.0M Q1 2026 Q2 2026: $851.3M Q2 2026

Holdings 99 stocks · $564.0M
BKCI BNY Mellon Concentrated Intl 7.95% 873,699 $44.9M Add +5.2%
JCPB JPMorgan Core Plus Bond ETF 7.95% 952,639 $44.8M Add +2.9%
FBND Fidelity Total Bond ETF 7.86% 968,869 $44.3M Add +2.9%
MOAT Vaneck Morningstar Wide Moat 7.26% 436,493 $40.9M Add +6.6%
FLQM Franklin U.S. Mid Cap Multif 6.12% 634,722 $34.5M Add +25.8%
IQLT iShares MSCI International Q 6.01% 784,206 $33.9M Add +9.7%
PVAL Putnam Focused LRG Cap Value 5.66% 793,759 $31.9M Add +6.0%
SPYV SS SPDR P S&P 500 Value ETF 4.39% 472,831 $24.7M Add +3.3%
AVUV Avantis US Small Cap Value 4.16% 257,701 $23.5M Reduce -0.3%
SCHG Schwab US Large-Cap Growth 4.10% 790,931 $23.1M Reduce -0.6%
IJH iShares Core S&P Midcap ETF 3.92% 356,605 $22.1M Reduce -1.6%
TCHP T Rowe Price Blue Chip Growt 3.56% 442,912 $20.1M Add +10.2%
IJR iShares Core S&P Small-Cap E 3.54% 182,659 $20.0M Reduce -6.0%
SPYG SS SPDR P S&P 500 Growth ETF 3.28% 194,156 $18.5M Add +2.2%
IVV iShares Core S&P 500 ETF 3.25% 29,562 $18.4M Add +9.0%
SCHM Schwab US Mid Cap ETF 2.39% 479,644 $13.5M Reduce -0.6%
MUB iShares National Muni Bond E 1.80% 97,261 $10.2M Add +38.6%
SCHV Schwab US Large-Cap Value 1.64% 333,360 $9.2M Reduce -0.7%
RLY SS Multi-Asset Real Ret ETF 1.54% 298,862 $8.7M Reduce -0.3%
SCHX Schwab US Large-Cap ETF 1.26% 291,116 $7.1M Reduce -0.5%
EFG iShares MSCI Eafe Growth ETF 0.79% 39,558 $4.4M Reduce -1.9%
EFV iShares MSCI Eafe Value ETF 0.77% 68,308 $4.3M Add +1.0%
DFAX Dimensional World Ex US Core 0.63% 121,252 $3.6M Add +0.9%
HYMB SS SPDR N Ice HY Muni ETF 0.52% 118,211 $2.9M Reduce -5.4%
SCHA Schwab US Small-Cap ETF 0.48% 107,250 $2.7M Reduce -3.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.34% 6,820 $1.9M Add +0.8%
CAT Caterpillar Inc. 0.33% 4,857 $1.9M No change
AAPL Apple Inc. 0.33% 9,165 $1.9M Reduce -1.6%
AOR iShares Core 60/40 Balanced 0.30% 27,618 $1.7M Reduce -1.8%
AVDV Avantis Intl S/C Value ETF 0.29% 20,832 $1.7M Add +140.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.29% 3,763 $1.6M Add +10.9%
FNDX Schwab Fndmntl US LRG Co. ETF 0.28% 64,175 $1.6M Reduce -0.4%
AVEM Avantis Emerging Markets Eq 0.27% 22,276 $1.5M Add +130.2%
AVIV Avantis Intl LRG Cap Val ETF 0.26% 23,877 $1.5M Add +147.8%
TCAF T Rowe PRC Cap Appreciation 0.25% 40,697 $1.4M Add +165.8%
VB Vanguard Most SM-Cap ETF-Usd 0.24% 5,791 $1.4M Reduce -2.3%
VPLS Vanguard Core-Plus Bond ETF 0.24% 17,522 $1.4M Add +139.8%
HTAX Nomura National High-Yield M 0.23% 54,338 $1.3M New
V Visa Inc. Class A 0.22% 3,538 $1.3M No change
JPM JPMorgan Chase & Co. 0.21% 3,991 $1.2M Add +0.1%
ADI Analog Devices Inc. 0.20% 4,849 $1.2M No change
QQQ Invesco QQQ Trust Series 1 0.20% 2,017 $1.1M Add +0.3%
SCZ iShares MSCI Eafe Small-Cap 0.19% 15,035 $1.1M Add +0.4%
BRK.B Berkshire Hathaway Inc. Class B 0.19% 2,187 $1.1M No change
INTU Intuit Inc. 0.19% 1,329 $1.0M No change
VTI VG Morningstar TS MKT ETF-US 0.17% 3,153 $958K Add +7.2%
MSFT Microsoft Corp. 0.16% 1,824 $907K No change
IEFA iShares Core MSCI Eafe ETF 0.15% 9,827 $820K Reduce -0.6%
GE General Electric filed as GE AEROSPACE 0.14% 3,173 $817K Add +0.0%
GIB Cgi Inc. 0.14% 7,368 $772K No change
IWB iShares Russell 1000 ETF 0.13% 2,230 $757K Reduce -1.1%
VSDM Vanguard Short Tax-Ex Bond 0.13% 9,452 $716K New
UNH Unitedhealth Group Inc. 0.13% 2,264 $706K Add +466.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 1,105 $683K Reduce -2.7%
T AT&T Inc. 0.12% 23,003 $666K Add +0.1%
REET iShares Global REIT ETF 0.12% 26,600 $657K Reduce -1.4%
IWF iShares Russell 1000 Growth 0.11% 1,437 $610K Add +0.1%
VOO Vanguard S&P 500 ETF 0.11% 1,072 $609K Add +0.7%
RTX RTX Corp. 0.11% 4,147 $606K No change
XOM Exxon Mobil Corp. 0.09% 4,762 $513K Add +3.0%
ITOT iShares Core S&P Total U.S. 0.09% 3,752 $507K Reduce -4.8%
DFAC Dimensional US Core Equity 2 0.09% 13,783 $494K Reduce -4.1%
CSX CSX Corp. 0.08% 14,588 $476K Add +0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,646 $468K Add +45.6%
SUSA iShares ESG Optimized MSCI U 0.08% 3,624 $459K Add +5.7%
MA Mastercard Inc. Class A 0.08% 781 $439K No change
LMT Lockheed Martin Corp. 0.08% 940 $435K Add +25.0%
VEA Vanguard Ftse Developed ETF 0.08% 7,517 $429K Add +9.6%
EEM iShares MSCI Emerging Market 0.07% 8,487 $409K Add +0.7%
AMZN Amazon.com Inc. 0.07% 1,856 $407K No change
AMD Advanced Micro Devices 0.07% 2,869 $407K No change
GEV GE Vernova Inc. 0.07% 766 $405K No change
NVDA Nvidia Corp. 0.07% 2,388 $377K Add +1.5%
COST Costco Wholesale Corp. 0.06% 363 $359K No change
ESGD iShares Trust iShares ESG Aw 0.06% 3,959 $353K Add +8.5%
VZ Verizon Communications Inc. 0.06% 7,998 $346K Add +0.4%
TXN Texas Instruments Inc. 0.06% 1,514 $314K No change
AXP American Express Co. 0.05% 962 $307K Add +0.2%
ECL Ecolab Inc. 0.05% 1,109 $299K No change
IVW iShares S&P 500 Growth ETF 0.05% 2,581 $284K Add +0.1%
ABBV Abbvie Inc. 0.05% 1,515 $281K No change
FELV Fidelity Enh LRG Cap Val ETF 0.05% 8,836 $281K Add +0.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.05% 5,269 $268K Add +0.8%
ESML iShares ESG Aware MSCI USA S 0.05% 6,376 $264K Reduce -31.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.05% 596 $263K No change
ELV Elevance Health Inc. 0.05% 674 $262K Reduce -14.9%
XLK SS Technology Select Sector 0.05% 1,011 $256K Add +0.1%
HRTG Heritage Insurance Holdings 0.04% 9,518 $237K New
ABT Abbott Laboratories 0.04% 1,690 $230K No change
KO The Coca-Cola Co. 0.04% 3,191 $226K Reduce -22.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 765 $226K New
HD Home Depot Inc. 0.04% 607 $223K No change
IWD iShares Russell 1000 Value E 0.04% 1,118 $217K Add +0.2%
SCHD Schwab US DVD Equity ETF 0.04% 8,027 $213K No change
JNJ Johnson & Johnson 0.04% 1,339 $204K Add +0.1%
RSP Invesco S&P 500 Equal Weight 0.04% 1,125 $204K New
EBTC Enterprise Bancorp Inc. 0.04% 5,140 $204K Add +0.0%
GOOG Alphabet Inc. Class C 0.04% 1,135 $201K New
CXM Sprinklr Inc. Class A 0.02% 10,875 $92K No change

Options reported separately and not counted above: UAA calls ($501K).

Portfolio Sells Q1 2025 → Q2 2025
IJR iShares Core S&P Small-Cap E Reduce -6.0% 3.54% −0.52
AVUV Avantis US Small Cap Value Reduce -0.3% 4.16% −0.34
IJH iShares Core S&P Midcap ETF Reduce -1.6% 3.92% −0.30
RLY SS Multi-Asset Real Ret ETF Reduce -0.3% 1.54% −0.17
SCHV Schwab US Large-Cap Value Reduce -0.7% 1.64% −0.15
SCHM Schwab US Mid Cap ETF Reduce -0.6% 2.39% −0.14
HYMB SS SPDR N Ice HY Muni ETF Reduce -5.4% 0.52% −0.11
AAPL Apple Inc. Reduce -1.6% 0.33% −0.08
LLY Eli Lilly & Co. Sold out 0.00% −0.04
CVX Chevron Corp. Sold out 0.00% −0.04
SCHA Schwab US Small-Cap ETF Reduce -3.4% 0.48% −0.04
SCHX Schwab US Large-Cap ETF Reduce -0.5% 1.26% −0.03
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -0.4% 0.28% −0.02
ESML iShares ESG Aware MSCI USA S Reduce -31.4% 0.05% −0.02
ELV Elevance Health Inc. Reduce -14.9% 0.05% −0.02
AOR iShares Core 60/40 Balanced Reduce -1.8% 0.30% −0.02
EFG iShares MSCI Eafe Growth ETF Reduce -1.9% 0.79% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.3% 0.24% −0.02
KO The Coca-Cola Co. Reduce -22.0% 0.04% −0.02
REET iShares Global REIT ETF Reduce -1.4% 0.12% −0.01
DFAC Dimensional US Core Equity 2 Reduce -4.1% 0.09% −0.01
ITOT iShares Core S&P Total U.S. Reduce -4.8% 0.09% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.7% 0.12% −0.01
IWB iShares Russell 1000 ETF Reduce -1.1% 0.13% −0.00
IEFA iShares Core MSCI Eafe ETF Reduce -0.6% 0.15% −0.00
SCHG Schwab US Large-Cap Growth Reduce -0.6% 4.10% +0.11

Portfolio Buys Q1 2025 → Q2 2025
FLQM Franklin U.S. Mid Cap Multif Add +25.8% 6.12% +0.77
TCHP T Rowe Price Blue Chip Growt Add +10.2% 3.56% +0.50
IQLT iShares MSCI International Q Add +9.7% 6.01% +0.34
MUB iShares National Muni Bond E Add +38.6% 1.80% +0.32
SPYG SS SPDR P S&P 500 Growth ETF Add +2.2% 3.28% +0.23
HTAX Nomura National High-Yield M New 0.23% +0.23
IVV iShares Core S&P 500 ETF Add +9.0% 3.25% +0.21
AVDV Avantis Intl S/C Value ETF Add +140.7% 0.29% +0.17
TCAF T Rowe PRC Cap Appreciation Add +165.8% 0.25% +0.16
AVEM Avantis Emerging Markets Eq Add +130.2% 0.27% +0.15
AVIV Avantis Intl LRG Cap Val ETF Add +147.8% 0.26% +0.15
VPLS Vanguard Core-Plus Bond ETF Add +139.8% 0.24% +0.13
VSDM Vanguard Short Tax-Ex Bond New 0.13% +0.13
UNH Unitedhealth Group Inc. Add +466.0% 0.13% +0.08
MOAT Vaneck Morningstar Wide Moat Add +6.6% 7.26% +0.06
HRTG Heritage Insurance Holdings New 0.04% +0.04
VUG Vanguard Mrngstar GR ETF-Sui Add +10.9% 0.29% +0.04
IBM Intl Business Machines Corp. New 0.04% +0.04
RSP Invesco S&P 500 Equal Weight New 0.04% +0.04
GOOG Alphabet Inc. Class C New 0.04% +0.04
BKCI BNY Mellon Concentrated Intl Add +5.2% 7.95% +0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +45.6% 0.08% +0.02
GE General Electric Add +0.0% 0.14% +0.02
NVDA Nvidia Corp. Add +1.5% 0.07% +0.02
LMT Lockheed Martin Corp. Add +25.0% 0.08% +0.01
JPM JPMorgan Chase & Co. Add +0.1% 0.21% +0.01
QQQ Invesco QQQ Trust Series 1 Add +0.3% 0.20% +0.01
VTI VG Morningstar TS MKT ETF-US Add +7.2% 0.17% +0.01
VEA Vanguard Ftse Developed ETF Add +9.6% 0.08% +0.01
IWF iShares Russell 1000 Growth Add +0.1% 0.11% +0.00
XLK SS Technology Select Sector Add +0.1% 0.05% +0.00
SCZ iShares MSCI Eafe Small-Cap Add +0.4% 0.19% +0.00
ESGD iShares Trust iShares ESG Aw Add +8.5% 0.06% +0.00
AXP American Express Co. Add +0.2% 0.05% +0.00
SUSA iShares ESG Optimized MSCI U Add +5.7% 0.08% +0.00
IVW iShares S&P 500 Growth ETF Add +0.1% 0.05% +0.00
DFAX Dimensional World Ex US Core Add +0.9% 0.63% +0.00
EEM iShares MSCI Emerging Market Add +0.7% 0.07% −0.00
CSX CSX Corp. Add +0.1% 0.08% −0.00
VOO Vanguard S&P 500 ETF Add +0.7% 0.11% −0.00
IWD iShares Russell 1000 Value E Add +0.2% 0.04% −0.00
EBTC Enterprise Bancorp Inc. Add +0.0% 0.04% −0.00
FELV Fidelity Enh LRG Cap Val ETF Add +0.0% 0.05% −0.00
JMST JPM Ultra-Short Muni Income Add +0.8% 0.05% −0.01
JNJ Johnson & Johnson Add +0.1% 0.04% −0.01
VZ Verizon Communications Inc. Add +0.4% 0.06% −0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.8% 0.34% −0.01
T AT&T Inc. Add +0.1% 0.12% −0.01
XOM Exxon Mobil Corp. Add +3.0% 0.09% −0.02
EFV iShares MSCI Eafe Value ETF Add +1.0% 0.77% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$851.3MTPR, FLQM, BKCI, MOAT, JCPB
Q1 2026 115$692.0MJCPB, FBND, FLQM, BKCI, MOAT
Q4 2025 114$667.7MMOAT, BKCI, JCPB, FBND, FLQM
Q3 2025 104$628.6MJCPB, BKCI, FBND, MOAT, FLQM
Q2 2025 99$564.0MBKCI, JCPB, FBND, MOAT, FLQM
Q1 2025 95$500.4MJCPB, FBND, BKCI, MOAT, PVAL
Q4 2024 92$445.0MJCPB, FBND, MOAT, BKCI, IJH
Q3 2024 89$432.5MJCPB, FBND, MOAT, BKCI, IJH
Q2 2024 85$390.5MJCPB, FBND, IJH, BKCI, MOAT
Q1 2024 82$379.2MIJH, JCPB, FBND, MOAT, BKCI