Harbor Group, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Harbor Group, Inc. reported 104 stock positions worth $628.6 million. Its top holding was JPMorgan Core Plus Bond ETF (JCPB) at 7.5% of the portfolio, followed by BNY Mellon Concentrated Intl (BKCI, 7.4%) and Fidelity Total Bond ETF (FBND, 7.4%). Compared with Q2 2025, it opened 8 new positions, sold out of 3, added to 57 and reduced 27. The biggest buy was Nomura National High-Yield M (HTAX, shares +1107%) and the biggest sale iShares National Muni Bond E (MUB, shares −10%).

Most Recent 13F
Q2 2026
Location
BEDFORD, NH
CIK
0001840486
Portfolio Value
$628.6M (Q3 2025)
SEC Filing
0001085146-25-005930 ↗ filed Oct 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 Q2 2025 Q3 2025: $628.6M $628.6M Q3 2025 Q4 2025: $667.7M Q4 2025 Q1 2026: $692.0M Q1 2026 Q2 2026: $851.3M Q2 2026

Holdings 104 stocks · $628.6M
JCPB JPMorgan Core Plus Bond ETF 7.48% 988,844 $47.0M Add +3.8%
BKCI BNY Mellon Concentrated Intl 7.43% 906,458 $46.7M Add +3.8%
FBND Fidelity Total Bond ETF 7.43% 1,009,465 $46.7M Add +4.2%
MOAT Vaneck Morningstar Wide Moat 7.06% 447,960 $44.4M Add +2.6%
FLQM Franklin U.S. Mid Cap Multif 6.51% 725,480 $41.0M Add +14.3%
IQLT iShares MSCI International Q 5.72% 814,299 $36.0M Add +3.8%
PVAL Putnam Focused LRG Cap Value 5.62% 826,482 $35.3M Add +4.1%
SPYV SS SPDR P S&P 500 Value ETF 4.20% 477,340 $26.4M Add +0.9%
SCHG Schwab US Large-Cap Growth 3.98% 783,217 $25.0M Reduce -1.0%
AVUV Avantis US Small Cap Value 3.85% 243,365 $24.2M Reduce -5.6%
TCHP T Rowe Price Blue Chip Growt 3.67% 472,590 $23.1M Add +6.7%
IJH iShares Core S&P Midcap ETF 3.66% 352,783 $23.0M Reduce -1.1%
IJR iShares Core S&P Small-Cap E 3.34% 176,854 $21.0M Reduce -3.2%
IVV iShares Core S&P 500 ETF 3.32% 31,193 $20.9M Add +5.5%
SPYG SS SPDR P S&P 500 Growth ETF 3.20% 192,279 $20.1M Reduce -1.0%
HTAX Nomura National High-Yield M 2.54% 655,736 $16.0M Add +1106.8%
SCHM Schwab US Mid Cap ETF 2.26% 478,779 $14.2M Reduce -0.2%
SCHV Schwab US Large-Cap Value 1.54% 332,611 $9.7M Reduce -0.2%
MUB iShares National Muni Bond E 1.48% 87,186 $9.3M Reduce -10.4%
RLY SS Multi-Asset Real Ret ETF 1.45% 295,556 $9.1M Reduce -1.1%
SCHX Schwab US Large-Cap ETF 1.20% 286,248 $7.5M Reduce -1.7%
EFV iShares MSCI Eafe Value ETF 0.74% 68,308 $4.6M No change
EFG iShares MSCI Eafe Growth ETF 0.71% 39,049 $4.4M Reduce -1.3%
DFAX Dimensional World Ex US Core 0.58% 115,846 $3.6M Reduce -4.5%
AVDV Avantis Intl S/C Value ETF 0.49% 34,939 $3.1M Add +67.7%
TCAF T Rowe PRC Cap Appreciation 0.48% 80,844 $3.0M Add +98.7%
VPLS Vanguard Core-Plus Bond ETF 0.48% 38,454 $3.0M Add +119.5%
HYMB SS SPDR N Ice HY Muni ETF 0.47% 118,256 $2.9M Add +0.0%
AVEM Avantis Emerging Markets Eq 0.46% 38,517 $2.9M Add +72.9%
SCHA Schwab US Small-Cap ETF 0.46% 103,412 $2.9M Reduce -3.6%
AVIV Avantis Intl LRG Cap Val ETF 0.45% 41,540 $2.8M Add +74.0%
AAPL Apple Inc. 0.37% 9,166 $2.3M Add +0.0%
CAT Caterpillar Inc. 0.37% 4,857 $2.3M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.30% 6,511 $1.9M Reduce -4.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.29% 3,755 $1.8M Reduce -0.2%
AOR iShares Core 60/40 Balanced 0.28% 27,728 $1.8M Add +0.4%
FNDX Schwab Fndmntl US LRG Co. ETF 0.27% 64,427 $1.7M Add +0.4%
JMUB JPMorgan Municipal ETF 0.26% 32,976 $1.7M New
QQQ Invesco QQQ Trust Series 1 0.23% 2,356 $1.4M Add +16.8%
VB Vanguard Most SM-Cap ETF-Usd 0.22% 5,536 $1.4M Reduce -4.4%
V Visa Inc. Class A 0.19% 3,543 $1.2M Add +0.1%
ADI Analog Devices Inc. 0.19% 4,849 $1.2M No change
JPM JPMorgan Chase & Co. 0.19% 3,765 $1.2M Reduce -5.7%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 2,221 $1.1M Add +1.6%
MSFT Microsoft Corp. 0.16% 2,001 $1.0M Add +9.7%
VTI VG Morningstar TS MKT ETF-US 0.16% 3,140 $1.0M Reduce -0.4%
INTU Intuit Inc. 0.14% 1,329 $908K No change
GE General Electric filed as GE AEROSPACE 0.14% 3,015 $907K Reduce -5.0%
SCZ iShares MSCI Eafe Small-Cap 0.14% 11,184 $858K Reduce -25.6%
IEFA iShares Core MSCI Eafe ETF 0.13% 9,574 $836K Reduce -2.6%
IWB iShares Russell 1000 ETF 0.13% 2,232 $816K Add +0.1%
UNH Unitedhealth Group Inc. 0.13% 2,276 $786K Add +0.5%
VSDM Vanguard Short Tax-Ex Bond 0.12% 10,057 $771K Add +6.4%
SPYM Ste STR SPDR PT S&P 500 ETF 0.12% 9,649 $756K New
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 1,107 $738K Add +0.2%
REET iShares Global REIT ETF 0.11% 27,242 $696K Add +2.4%
IWF iShares Russell 1000 Growth 0.11% 1,438 $674K Add +0.1%
VOO Vanguard S&P 500 ETF 0.10% 1,075 $658K Add +0.3%
GIB Cgi Inc. 0.10% 7,368 $657K No change
T AT&T Inc. 0.10% 23,033 $650K Add +0.1%
RTX RTX Corp. 0.10% 3,744 $626K Reduce -9.7%
ITOT iShares Core S&P Total U.S. 0.09% 3,773 $549K Add +0.6%
XOM Exxon Mobil Corp. 0.09% 4,769 $538K Add +0.1%
DFAC Dimensional US Core Equity 2 0.08% 13,821 $533K Add +0.3%
CSX CSX Corp. 0.08% 14,623 $519K Add +0.2%
SUSA iShares ESG Optimized MSCI U 0.08% 3,689 $500K Add +1.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,660 $496K Add +0.5%
AMD Advanced Micro Devices 0.07% 2,869 $464K No change
VEA Vanguard Ftse Developed ETF 0.07% 7,523 $451K Add +0.1%
NVDA Nvidia Corp. 0.07% 2,399 $448K Add +0.5%
GEV GE Vernova Inc. 0.07% 726 $447K Reduce -5.2%
MA Mastercard Inc. Class A 0.07% 781 $445K No change
LMT Lockheed Martin Corp. 0.07% 837 $418K Reduce -11.0%
AMZN Amazon.com Inc. 0.06% 1,791 $393K Reduce -3.5%
ESGD iShares Trust iShares ESG Aw 0.06% 4,163 $387K Add +5.2%
VZ Verizon Communications Inc. 0.06% 8,043 $353K Add +0.6%
AXP American Express Co. 0.06% 1,044 $347K Add +8.5%
ABBV Abbvie Inc. 0.05% 1,474 $341K Reduce -2.7%
COST Costco Wholesale Corp. 0.05% 363 $336K No change
ECL Ecolab Inc. 0.05% 1,169 $320K Add +5.4%
IVW iShares S&P 500 Growth ETF 0.05% 2,584 $312K Add +0.1%
FELV Fidelity Enh LRG Cap Val ETF 0.05% 8,872 $297K Add +0.4%
ESML iShares ESG Aware MSCI USA S 0.05% 6,393 $288K Add +0.3%
HD Home Depot Inc. 0.05% 708 $287K Add +16.6%
XLK SS Technology Select Sector 0.05% 1,012 $285K Add +0.1%
TXN Texas Instruments Inc. 0.04% 1,525 $280K Add +0.7%
GOOG Alphabet Inc. Class C 0.04% 1,140 $278K Add +0.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 596 $277K No change
JPST JPMorgan Ultra-Short Income 0.04% 5,377 $273K New
TSLA Tesla Inc. 0.04% 603 $268K New
ORCL Oracle Corp. 0.04% 930 $262K New
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.04% 4,933 $252K Reduce -6.4%
JNJ Johnson & Johnson 0.04% 1,340 $248K Add +0.1%
ABT Abbott Laboratories 0.04% 1,826 $245K Add +8.1%
ELV Elevance Health Inc. 0.04% 733 $237K Add +8.8%
SCHD Schwab US DVD Equity ETF 0.04% 8,410 $230K Add +4.8%
IWD iShares Russell 1000 Value E 0.04% 1,121 $228K Add +0.3%
GRPM Invesco S&P Midcap 400 Garp 0.03% 1,799 $217K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 765 $216K No change
RSP Invesco S&P 500 Equal Weight 0.03% 1,130 $214K Add +0.4%
INDB Independent Bank Corp. 0.03% 3,083 $213K New
KO The Coca-Cola Co. 0.03% 3,191 $212K No change
DFAT Dimensional US Target Value 0.03% 3,470 $202K New
CXM Sprinklr Inc. Class A 0.01% 10,875 $84K No change

Options reported separately and not counted above: UAA calls ($494K).

Portfolio Sells Q2 2025 → Q3 2025
MUB iShares National Muni Bond E Reduce -10.4% 1.48% −0.32
AVUV Avantis US Small Cap Value Reduce -5.6% 3.85% −0.31
IJH iShares Core S&P Midcap ETF Reduce -1.1% 3.66% −0.26
IJR iShares Core S&P Small-Cap E Reduce -3.2% 3.34% −0.20
SCHM Schwab US Mid Cap ETF Reduce -0.2% 2.26% −0.13
SCHG Schwab US Large-Cap Growth Reduce -1.0% 3.98% −0.12
SCHV Schwab US Large-Cap Value Reduce -0.2% 1.54% −0.10
RLY SS Multi-Asset Real Ret ETF Reduce -1.1% 1.45% −0.09
SPYG SS SPDR P S&P 500 Growth ETF Reduce -1.0% 3.20% −0.08
EFG iShares MSCI Eafe Growth ETF Reduce -1.3% 0.71% −0.08
EEM iShares MSCI Emerging Market Sold out 0.00% −0.07
SCHX Schwab US Large-Cap ETF Reduce -1.7% 1.20% −0.06
SCZ iShares MSCI Eafe Small-Cap Reduce -25.6% 0.14% −0.06
DFAX Dimensional World Ex US Core Reduce -4.5% 0.58% −0.05
HRTG Heritage Insurance Holdings Sold out 0.00% −0.04
EBTC Enterprise Bancorp Inc. Sold out 0.00% −0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -4.5% 0.30% −0.03
SCHA Schwab US Small-Cap ETF Reduce -3.6% 0.46% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -4.4% 0.22% −0.02
JPM JPMorgan Chase & Co. Reduce -5.7% 0.19% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -2.6% 0.13% −0.01
LMT Lockheed Martin Corp. Reduce -11.0% 0.07% −0.01
AMZN Amazon.com Inc. Reduce -3.5% 0.06% −0.01
RTX RTX Corp. Reduce -9.7% 0.10% −0.01
JMST JPM Ultra-Short Muni Income Reduce -6.4% 0.04% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.2% 0.29% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.4% 0.16% −0.01
GEV GE Vernova Inc. Reduce -5.2% 0.07% −0.00
GE General Electric Reduce -5.0% 0.14% −0.00
ABBV Abbvie Inc. Reduce -2.7% 0.05% +0.00

Portfolio Buys Q2 2025 → Q3 2025
HTAX Nomura National High-Yield M Add +1106.8% 2.54% +2.31
FLQM Franklin U.S. Mid Cap Multif Add +14.3% 6.51% +0.40
JMUB JPMorgan Municipal ETF New 0.26% +0.26
VPLS Vanguard Core-Plus Bond ETF Add +119.5% 0.48% +0.24
TCAF T Rowe PRC Cap Appreciation Add +98.7% 0.48% +0.23
AVDV Avantis Intl S/C Value ETF Add +67.7% 0.49% +0.20
AVEM Avantis Emerging Markets Eq Add +72.9% 0.46% +0.19
AVIV Avantis Intl LRG Cap Val ETF Add +74.0% 0.45% +0.18
SPYM Ste STR SPDR PT S&P 500 ETF New 0.12% +0.12
TCHP T Rowe Price Blue Chip Growt Add +6.7% 3.67% +0.11
IVV iShares Core S&P 500 ETF Add +5.5% 3.32% +0.07
JPST JPMorgan Ultra-Short Income New 0.04% +0.04
TSLA Tesla Inc. New 0.04% +0.04
ORCL Oracle Corp. New 0.04% +0.04
AAPL Apple Inc. Add +0.0% 0.37% +0.04
GRPM Invesco S&P Midcap 400 Garp New 0.03% +0.03
INDB Independent Bank Corp. New 0.03% +0.03
DFAT Dimensional US Target Value New 0.03% +0.03
QQQ Invesco QQQ Trust Series 1 Add +16.8% 0.23% +0.03
GOOG Alphabet Inc. Class C Add +0.4% 0.04% +0.01
HD Home Depot Inc. Add +16.6% 0.05% +0.01
NVDA Nvidia Corp. Add +0.5% 0.07% +0.00
MSFT Microsoft Corp. Add +9.7% 0.16% +0.00
JNJ Johnson & Johnson Add +0.1% 0.04% +0.00
AXP American Express Co. Add +8.5% 0.06% +0.00
XLK SS Technology Select Sector Add +0.1% 0.05% 0.00
UNH Unitedhealth Group Inc. Add +0.5% 0.13% −0.00
IVW iShares S&P 500 Growth ETF Add +0.1% 0.05% −0.00
ESML iShares ESG Aware MSCI USA S Add +0.3% 0.05% −0.00
IWF iShares Russell 1000 Growth Add +0.1% 0.11% −0.00
ESGD iShares Trust iShares ESG Aw Add +5.2% 0.06% −0.00
SCHD Schwab US DVD Equity ETF Add +4.8% 0.04% −0.00
ABT Abbott Laboratories Add +8.1% 0.04% −0.00
CSX CSX Corp. Add +0.2% 0.08% −0.00
SUSA iShares ESG Optimized MSCI U Add +1.8% 0.08% −0.00
ECL Ecolab Inc. Add +5.4% 0.05% −0.00
RSP Invesco S&P 500 Equal Weight Add +0.4% 0.03% −0.00
IWD iShares Russell 1000 Value E Add +0.3% 0.04% −0.00
ITOT iShares Core S&P Total U.S. Add +0.6% 0.09% −0.00
FELV Fidelity Enh LRG Cap Val ETF Add +0.4% 0.05% −0.00
DFAC Dimensional US Core Equity 2 Add +0.3% 0.08% −0.00
VOO Vanguard S&P 500 ETF Add +0.3% 0.10% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.12% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +0.5% 0.08% −0.00
VSDM Vanguard Short Tax-Ex Bond Add +6.4% 0.12% −0.00
VEA Vanguard Ftse Developed ETF Add +0.1% 0.07% −0.00
IWB iShares Russell 1000 ETF Add +0.1% 0.13% −0.00
VZ Verizon Communications Inc. Add +0.6% 0.06% −0.01
XOM Exxon Mobil Corp. Add +0.1% 0.09% −0.01
REET iShares Global REIT ETF Add +2.4% 0.11% −0.01

Options Activity Q2 2025 → Q3 2025
UAA Under Armour Inc. Class A call Reduce -8.3% 18,286 $494K

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 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