Hershey Financial Advisers, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), Hershey Financial Advisers, LLC reported 76 stock positions worth $116.7 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 4.5% of the portfolio, followed by SS Spdrb B 3-12M T-Bill ETF (BILS, 3.9%) and Alpha Architect 1-3 MNTH Box (BOXX, 3.8%). Compared with Q2 2025, it opened 32 new positions, sold out of 25, added to 21 and reduced 23. The biggest buy was a new position in SS SPDR P Int C Corp. ETF (SPIB) and the biggest sale an exit from iShares Fallen Angels ETF (FALN).
- Most Recent 13F
- Q2 2026
- Location
- LANCASTER, PA
- CIK
- 0002034214
- Portfolio Value
- $116.7M (Q3 2025)
- SEC Filing
- 0002034214-25-000004 ↗ filed Nov 17, 2025
Holdings Value
Holdings 76 stocks · $116.7M
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.47% | 56,895 | $5.2M | Reduce -6.8% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 3.91% | 45,811 | $4.6M | Reduce -1.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 3.83% | 39,217 | $4.5M | Add +1.1% |
| ICVT iShares Convertible Bond ETF | 3.82% | 44,537 | $4.5M | Reduce -2.6% |
| ANGL Vaneck Fallen Angel High YLD | 3.39% | 132,906 | $4.0M | Reduce -1.8% |
| JPST JPMorgan Ultra-Short Income | 3.27% | 75,296 | $3.8M | Reduce -3.3% |
| SHV iShares 0-1 Year Treasury Bo | 3.23% | 34,146 | $3.8M | Reduce -2.2% |
| SPIB SS SPDR P Int C Corp. ETF | 3.14% | 108,194 | $3.7M | New |
| IEF iShares 7-10 Year Treasury B | 3.12% | 37,704 | $3.6M | New |
| BAB Invesco Taxable Municipal Bo | 3.03% | 129,498 | $3.5M | Reduce -3.0% |
| SCHG Schwab US Large-Cap Growth | 2.48% | 90,705 | $2.9M | Reduce -17.1% |
| WBD Warner Bros Discovery Inc. | 2.15% | 128,504 | $2.5M | New |
| AMAT Applied Materials Inc. | 1.98% | 11,255 | $2.3M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.89% | 21,056 | $2.2M | Add +27.4% |
| ALL Allstate Corp. | 1.71% | 9,319 | $2.0M | New |
| VOX Vanguard Communication Servi | 1.68% | 10,430 | $2.0M | Add +0.7% |
| VGT Vanguard Info Tech ETF | 1.66% | 2,593 | $1.9M | Reduce -0.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.62% | 4,684 | $1.9M | Reduce -1.5% |
| VPU Vanguard Utilities ETF | 1.61% | 9,926 | $1.9M | Add +1.1% |
| VCR Vanguard Consumer Discre ETF | 1.60% | 4,716 | $1.9M | Add +1.0% |
| VIS Vanguard Industrials ETF | 1.59% | 6,275 | $1.9M | Add +1.0% |
| VFH Vanguard Financials ETF | 1.57% | 13,927 | $1.8M | Add +1.2% |
| VAW Vanguard Materials ETF | 1.51% | 8,590 | $1.8M | Add +41.3% |
| VDE Vanguard Energy ETF | 1.50% | 13,936 | $1.8M | Add +40.6% |
| PKW Invesco Buyback Achievers Et | 1.50% | 13,206 | $1.7M | New |
| JHML John Hancock Multi Fact LRG | 1.45% | 21,574 | $1.7M | New |
| EPS Wisdomtree US Large Cap Fund | 1.44% | 24,441 | $1.7M | New |
| VDC Vanguard Consumer Staple ETF | 1.43% | 7,813 | $1.7M | Add +1.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.42% | 21,195 | $1.7M | New |
| BSV Vanguard Short-Term Bond ETF | 1.40% | 20,669 | $1.6M | Reduce -38.2% |
| FQAL Fidelity Quality Factor ETF | 1.39% | 21,680 | $1.6M | New |
| BLV Vanguard Long-Term Bond ETF | 1.23% | 20,200 | $1.4M | Add +62.8% |
| BIV Vanguard Intermediate-Term B | 1.22% | 18,220 | $1.4M | Reduce -14.4% |
| BLDR Builders Firstsource Inc. | 1.14% | 10,954 | $1.3M | New |
| FANG Diamondback Energy Inc. | 1.12% | 9,130 | $1.3M | New |
| VOO Vanguard S&P 500 ETF | 1.12% | 2,126 | $1.3M | Reduce -1.9% |
| SUSA iShares ESG Optimized MSCI U | 1.10% | 9,425 | $1.3M | New |
| VHT Vanguard Health Care ETF | 1.09% | 4,890 | $1.3M | Add +2.4% |
| DGRW Wisdomtree U.S. Quality Divi | 1.08% | 14,192 | $1.3M | New |
| VNQ Vanguard Real Estate ETF | 1.06% | 13,586 | $1.2M | Add +2.4% |
| RMD Resmed Inc. | 1.05% | 4,472 | $1.2M | New |
| FTCS First Trust Capital Strength | 1.05% | 13,064 | $1.2M | New |
| FDLO Fidelity Low Volat Fact ETF | 1.04% | 18,350 | $1.2M | New |
| ILCG iShares Morningstar Growth E | 0.99% | 11,035 | $1.2M | Reduce -70.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.93% | 8,650 | $1.1M | New |
| OMFL Invesco Russell 1000 DYN M/F | 0.93% | 18,076 | $1.1M | New |
| TEL Te Connectivity PLC | 0.93% | 4,949 | $1.1M | New |
| LYV Live Nation Entertainment Inc. | 0.92% | 6,583 | $1.1M | Reduce -0.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.91% | 22,620 | $1.1M | Add +16.9% |
| FEX First Trust Large Cap Core A | 0.88% | 8,811 | $1.0M | Reduce -37.8% |
| TSLA Tesla Inc. | 0.78% | 2,036 | $905K | New |
| SCHB Schwab US Broad Market ETF | 0.54% | 24,504 | $630K | New |
| DFAC Dimensional US Core Equity 2 | 0.53% | 15,971 | $616K | Add +5.0% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.52% | 6,290 | $603K | New |
| IAGG iShares Intl Aggregate Bond | 0.50% | 11,474 | $588K | Add +16.0% |
| TCHP T Rowe Price Blue Chip Growt | 0.50% | 11,853 | $579K | Add +25.9% |
| VTIP Vanguard Short-Term Tips | 0.47% | 10,885 | $551K | Reduce -30.8% |
| SPGP Invesco S&P 500 Garp ETF | 0.46% | 4,681 | $532K | New |
| SCHM Schwab US Mid Cap ETF | 0.45% | 17,655 | $523K | New |
| MSFT Microsoft Corp. | 0.45% | 1,010 | $523K | Add +17.2% |
| DGCB Dimensional Global Credit | 0.43% | 9,110 | $505K | Reduce -0.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.43% | 11,709 | $501K | Add +0.7% |
| JMOM JPMorgan US Momentum Factor | 0.43% | 7,322 | $497K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.42% | 1,031 | $494K | Reduce -12.6% |
| IVW iShares S&P 500 Growth ETF | 0.42% | 4,051 | $489K | New |
| ONEQ Fidelity Nasdaq Comp Indx | 0.41% | 5,351 | $477K | Reduce -73.4% |
| XMMO Invesco S&P Midcap Momentum | 0.38% | 3,310 | $448K | New |
| SCHX Schwab US Large-Cap ETF | 0.38% | 16,827 | $443K | New |
| NVDA Nvidia Corp. | 0.36% | 2,228 | $416K | Add +32.5% |
| SPMO Invesco S&P 500 Momentum ETF | 0.35% | 3,400 | $412K | Reduce -31.9% |
| VXF Vanguard Extended Market ETF | 0.28% | 1,543 | $323K | Reduce -4.5% |
| AAPL Apple Inc. | 0.26% | 1,172 | $298K | New |
| SWK Stanley Black & Decker Inc. | 0.22% | 3,481 | $259K | New |
| BND Vanguard Total Bond Market | 0.19% | 2,914 | $217K | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.17% | 835 | $203K | New |
| PDBC Invesco Optimum Yield Divers | 0.12% | 10,431 | $140K | Reduce -2.2% |
Portfolio Sells Q2 2025 → Q3 2025
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −3.36 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −3.34 |
| ILCG iShares Morningstar Growth E | Reduce -70.2% | 0.99% | −2.22 |
| VONG Vanguard Russell 1000 Growth | Sold out | 0.00% | −1.90 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −1.79 |
| ON On Semiconductor | Sold out | 0.00% | −1.79 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −1.51 |
| LRGF iShares US Equity Factor ETF | Sold out | 0.00% | −1.44 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −1.43 |
| BA The Boeing Co. | Sold out | 0.00% | −1.23 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.20 |
| SLB SLB Ltd. | Sold out | 0.00% | −1.16 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −1.09 |
| VONE Vanguard Russell 1000 | Sold out | 0.00% | −1.08 |
| IWL iShares Russell Top 200 ETF | Sold out | 0.00% | −1.07 |
| ONEQ Fidelity Nasdaq Comp Indx | Reduce -73.4% | 0.41% | −1.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -38.2% | 1.40% | −0.96 |
| JQUA JPMorgan US Quality Factor | Sold out | 0.00% | −0.95 |
| QUS SS SPDR MSCI U Stratfact ETF | Sold out | 0.00% | −0.95 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.94 |
| FDG American Century Focused DYN | Sold out | 0.00% | −0.89 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -6.8% | 4.47% | −0.54 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.53 |
| FEX First Trust Large Cap Core A | Reduce -37.8% | 0.88% | −0.51 |
| IUSG iShares Core S&P U.S. Growth | Sold out | 0.00% | −0.50 |
| QGRO American Century US Quality | Sold out | 0.00% | −0.48 |
| MTUM iShares MSCI USA Momentum Fa | Sold out | 0.00% | −0.42 |
| IOO iShares Global 100 ETF | Sold out | 0.00% | −0.41 |
| FPX First Trust US Equity Opport | Sold out | 0.00% | −0.40 |
| SCHG Schwab US Large-Cap Growth | Reduce -17.1% | 2.48% | −0.38 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.26 |
| JPST JPMorgan Ultra-Short Income | Reduce -3.3% | 3.27% | −0.26 |
| BIV Vanguard Intermediate-Term B | Reduce -14.4% | 1.22% | −0.25 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -1.6% | 3.91% | −0.24 |
| VTIP Vanguard Short-Term Tips | Reduce -30.8% | 0.47% | −0.24 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -2.2% | 3.23% | −0.22 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -1.8% | 3.39% | −0.16 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -31.9% | 0.35% | −0.15 |
| BAB Invesco Taxable Municipal Bo | Reduce -3.0% | 3.03% | −0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -12.6% | 0.42% | −0.04 |
| DGCB Dimensional Global Credit | Reduce -0.0% | 0.43% | −0.01 |
| PDBC Invesco Optimum Yield Divers | Reduce -2.2% | 0.12% | −0.00 |
| VXF Vanguard Extended Market ETF | Reduce -4.5% | 0.28% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -1.9% | 1.12% | +0.01 |
| LYV Live Nation Entertainment Inc. | Reduce -0.2% | 0.92% | +0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.5% | 1.62% | +0.06 |
| VGT Vanguard Info Tech ETF | Reduce -0.1% | 1.66% | +0.12 |
| ICVT iShares Convertible Bond ETF | Reduce -2.6% | 3.82% | +0.13 |
Portfolio Buys Q2 2025 → Q3 2025
| SPIB SS SPDR P Int C Corp. ETF | New | 3.14% | +3.14 |
| IEF iShares 7-10 Year Treasury B | New | 3.12% | +3.12 |
| WBD Warner Bros Discovery Inc. | New | 2.15% | +2.15 |
| AMAT Applied Materials Inc. | New | 1.98% | +1.98 |
| ALL Allstate Corp. | New | 1.71% | +1.71 |
| PKW Invesco Buyback Achievers Et | New | 1.50% | +1.50 |
| JHML John Hancock Multi Fact LRG | New | 1.45% | +1.45 |
| EPS Wisdomtree US Large Cap Fund | New | 1.44% | +1.44 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 1.42% | +1.42 |
| FQAL Fidelity Quality Factor ETF | New | 1.39% | +1.39 |
| BLDR Builders Firstsource Inc. | New | 1.14% | +1.14 |
| FANG Diamondback Energy Inc. | New | 1.12% | +1.12 |
| SUSA iShares ESG Optimized MSCI U | New | 1.10% | +1.10 |
| DGRW Wisdomtree U.S. Quality Divi | New | 1.08% | +1.08 |
| RMD Resmed Inc. | New | 1.05% | +1.05 |
| FTCS First Trust Capital Strength | New | 1.05% | +1.05 |
| FDLO Fidelity Low Volat Fact ETF | New | 1.04% | +1.04 |
| DSI iShares ESG MSCI KLD 400 ETF | New | 0.93% | +0.93 |
| OMFL Invesco Russell 1000 DYN M/F | New | 0.93% | +0.93 |
| TEL Te Connectivity PLC | New | 0.93% | +0.93 |
| TSLA Tesla Inc. | New | 0.78% | +0.78 |
| SCHB Schwab US Broad Market ETF | New | 0.54% | +0.54 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.52% | +0.52 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +27.4% | 1.89% | +0.48 |
| SPGP Invesco S&P 500 Garp ETF | New | 0.46% | +0.46 |
| BLV Vanguard Long-Term Bond ETF | Add +62.8% | 1.23% | +0.45 |
| SCHM Schwab US Mid Cap ETF | New | 0.45% | +0.45 |
| VAW Vanguard Materials ETF | Add +41.3% | 1.51% | +0.45 |
| VDE Vanguard Energy ETF | Add +40.6% | 1.50% | +0.45 |
| JMOM JPMorgan US Momentum Factor | New | 0.43% | +0.43 |
| IVW iShares S&P 500 Growth ETF | New | 0.42% | +0.42 |
| XMMO Invesco S&P Midcap Momentum | New | 0.38% | +0.38 |
| SCHX Schwab US Large-Cap ETF | New | 0.38% | +0.38 |
| AAPL Apple Inc. | New | 0.26% | +0.26 |
| SWK Stanley Black & Decker Inc. | New | 0.22% | +0.22 |
| GOOGL Alphabet Inc. Class A | New | 0.17% | +0.17 |
| NVDA Nvidia Corp. | Add +32.5% | 0.36% | +0.12 |
| TCHP T Rowe Price Blue Chip Growt | Add +25.9% | 0.50% | +0.11 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +16.9% | 0.91% | +0.10 |
| VOX Vanguard Communication Servi | Add +0.7% | 1.68% | +0.09 |
| VCR Vanguard Consumer Discre ETF | Add +1.0% | 1.60% | +0.09 |
| MSFT Microsoft Corp. | Add +17.2% | 0.45% | +0.06 |
| VPU Vanguard Utilities ETF | Add +1.1% | 1.61% | +0.06 |
| IAGG iShares Intl Aggregate Bond | Add +16.0% | 0.50% | +0.05 |
| DFAC Dimensional US Core Equity 2 | Add +5.0% | 0.53% | +0.04 |
| VIS Vanguard Industrials ETF | Add +1.0% | 1.59% | +0.04 |
| VHT Vanguard Health Care ETF | Add +2.4% | 1.09% | +0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +0.7% | 0.43% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +2.4% | 1.06% | +0.01 |
| VFH Vanguard Financials ETF | Add +1.2% | 1.57% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 85 | $139.2M | DELL, CWB, MINT, AMAT, VNLA |
| Q1 2026 | 80 | $115.8M | ICVT, BIL, CWB, ANGL, STIP |
| Q4 2025 | 78 | $118.3M | BND, BOXX, BIL, VNLA, VGIT |
| Q3 2025 | 76 | $116.7M | BIL, BILS, BOXX, ICVT, ANGL |
| Q2 2025 | 69 | $111.7M | BIL, BILS, BOXX, ICVT, ANGL |
| Q4 2024 | 63 | $113.6M | BIL, BILS, MINT, AGZD, TFLO |
| Q2 2024 | 154 | $111.4M | BIL, BILS, NVDA, SCHG, CCL |