Hughes Financial Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Hughes Financial Services, LLC reported 1,032 stock positions worth $628.6 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 21.4% of the portfolio, followed by JPMorgan Core Plus Bond ETF (JCPB, 9.9%) and JPMorgan Int Res Enh Eqty (JIRE, 9.6%). Compared with Q2 2025, it opened 84 new positions, sold out of 84, added to 176 and reduced 187. The biggest buy was iShares MSCI Emr MRK Ex Chna (EMXC, shares +1%) and the biggest sale SS SPDR P S&P 600 Small Cap (SPSM, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- HERNDON, VA
- CIK
- 0002054465
- Portfolio Value
- $628.6M (Q3 2025)
- SEC Filing
- 0002054465-25-000005 ↗ filed Nov 14, 2025
Holdings Value
Holdings 1,032 stocks · $628.6M
| SPTM SS SPDR P S&P 1500 Comp ETF | 21.36% | 1,630,436 | $134.3M | Add +1.3% |
| JCPB JPMorgan Core Plus Bond ETF | 9.87% | 1,307,674 | $62.1M | Add +3.6% |
| JIRE JPMorgan Int Res Enh Eqty | 9.61% | 803,917 | $60.4M | Add +2.9% |
| EMXC iShares MSCI Emr MRK Ex Chna | 8.47% | 737,223 | $53.2M | Add +1.1% |
| JTEK JPMorgan US Tech Leaders | 8.15% | 542,662 | $51.2M | Add +0.2% |
| DGRO iShares Core Dividend Growth | 6.61% | 610,197 | $41.5M | Add +3.1% |
| QUAL iShares MSCI USA Quality Fac | 6.61% | 211,986 | $41.5M | Add +0.9% |
| JPIB JPMorgan Intl BND ETF | 3.09% | 396,653 | $19.4M | Add +4.8% |
| SPIP SS SPDR P Tips ETF | 2.72% | 652,659 | $17.1M | Add +3.5% |
| SHY iShares 1-3 Year Treasury Bo | 2.07% | 157,322 | $13.0M | Add +3.6% |
| DFUS Dimensional US Eq MKT ETF | 1.78% | 151,428 | $11.2M | Reduce -1.7% |
| TLH iShares 10-20 Year Treasury | 1.36% | 82,634 | $8.5M | Add +3.7% |
| HELO JPMorgan Hedged Equity ETF | 1.29% | 123,160 | $8.1M | Add +4.6% |
| QUS SS SPDR MSCI U Stratfact ETF | 1.22% | 44,512 | $7.7M | Reduce -1.4% |
| VEU Vanguard Ftse All-World Ex-U | 1.16% | 99,950 | $7.3M | Reduce -1.6% |
| VTES Vanguard SH Term Tax-Ex Bond | 1.15% | 70,989 | $7.2M | Add +3.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.92% | 131,531 | $5.8M | Reduce -1.2% |
| VIG Vanguard Dividend Apprec ETF | 0.77% | 22,350 | $4.9M | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 0.75% | 77,172 | $4.7M | Reduce -2.7% |
| JMUB JPMorgan Municipal ETF | 0.65% | 80,839 | $4.1M | Add +5.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.59% | 79,799 | $3.7M | Reduce -7.7% |
| IVV iShares Core S&P 500 ETF | 0.54% | 4,928 | $3.4M | Reduce -1.0% |
| GINN Goldman Sachs Innovate Eqty | 0.52% | 43,841 | $3.3M | Reduce -9.3% |
| FITE SS SPDR S&P Kensho FS ETF | 0.52% | 37,275 | $3.2M | Reduce -5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 3,986 | $2.7M | Reduce -1.9% |
| TIP iShares Tips Bond ETF | 0.41% | 23,223 | $2.6M | Add +5.7% |
| IBTG iShares Ibonds Dec 2026 Term | 0.37% | 102,460 | $2.3M | Add +4.2% |
| IBTH iShares Ibonds Dec 2027 Term | 0.36% | 100,476 | $2.3M | Add +4.3% |
| IBTI iShares Ibonds Dec 2028 Term | 0.35% | 99,147 | $2.2M | Add +4.4% |
| AAPL Apple Inc. | 0.35% | 8,077 | $2.2M | Reduce -3.3% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 30,957 | $1.7M | Reduce -1.5% |
| IBTF iShares Ibonds Dec 2025 Term | 0.26% | 69,230 | $1.6M | Add +39.7% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.21% | 20,858 | $1.3M | Reduce -0.3% |
| KNSL Kinsale Capital Group Inc. | 0.20% | 3,159 | $1.2M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 2,455 | $1.2M | Reduce -3.3% |
| MSFT Microsoft Corp. | 0.17% | 2,095 | $1.1M | Reduce -0.4% |
| ESGU iShares ESG Aware MSCI USA | 0.16% | 6,886 | $1.0M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.15% | 3,019 | $957K | Add +0.1% |
| NVDA Nvidia Corp. | 0.15% | 4,764 | $948K | Reduce -8.9% |
| SPEM State Street SP PTF Em ETF | 0.14% | 18,363 | $878K | Reduce -0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.14% | 3,344 | $854K | Reduce -1.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.12% | 9,649 | $773K | Add +4.1% |
| XOM Exxon Mobil Corp. | 0.09% | 4,963 | $587K | Reduce -8.0% |
| D Dominion Energy Inc. | 0.08% | 8,585 | $523K | Add +0.6% |
| KO The Coca-Cola Co. | 0.08% | 7,062 | $498K | Add +7.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.08% | 1,137 | $475K | No change |
| FULT Fulton Financial Corp. | 0.07% | 25,247 | $447K | No change |
| GOOG Alphabet Inc. Class C | 0.07% | 1,430 | $416K | No change |
| GOOGL Alphabet Inc. Class A | 0.06% | 1,320 | $383K | Add +0.4% |
| AMZN Amazon.com Inc. | 0.06% | 1,513 | $376K | Add +0.5% |
| HD Home Depot Inc. | 0.06% | 998 | $370K | Add +0.7% |
| LLY Eli Lilly & Co. | 0.06% | 379 | $366K | Add +20.3% |
| MCD McDonald's Corp. | 0.06% | 1,171 | $350K | Add +1.0% |
| ESGD iShares Trust iShares ESG Aw | 0.06% | 3,679 | $349K | No change |
| JQUA JPMorgan US Quality Factor | 0.06% | 5,566 | $348K | Add +475.6% |
| AVGO Broadcom Inc. | 0.05% | 945 | $339K | Add +0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 553 | $319K | Add +0.9% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 965 | $301K | Reduce -9.6% |
| ORCL Oracle Corp. | 0.05% | 1,223 | $295K | Reduce -3.6% |
| ESGE iShares Inc. iShares ESG Awar | 0.04% | 6,090 | $274K | Reduce -2.1% |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 1,333 | $258K | Add +1.0% |
| COST Costco Wholesale Corp. | 0.04% | 268 | $245K | Add +4.3% |
| GLD SPDR Gold Shares | 0.04% | 645 | $244K | Add +29.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.04% | 367 | $229K | No change |
| IJR iShares Core S&P Small-Cap E | 0.04% | 1,893 | $225K | Reduce -4.2% |
| TSLA Tesla Inc. | 0.03% | 491 | $219K | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.03% | 344 | $217K | Add +42.7% |
| DUK Duke Energy Corp. | 0.03% | 1,753 | $215K | Add +0.2% |
| WMT Walmart Inc. | 0.03% | 2,069 | $212K | Reduce -34.9% |
| NVR NVR Inc. | 0.03% | 28 | $205K | No change |
| CRM Salesforce Inc. | 0.03% | 834 | $202K | Add +7.3% |
| LGLV SPDR US LC Low Vol Idx | 0.03% | 1,155 | $201K | No change |
| VZ Verizon Communications Inc. | 0.03% | 5,035 | $201K | Add +5.3% |
| VXF Vanguard Extended Market ETF | 0.03% | 943 | $198K | No change |
| CVX Chevron Corp. | 0.03% | 1,239 | $193K | Add +0.7% |
| PNC PNC Financial Services Group | 0.03% | 1,041 | $193K | No change |
| PEP Pepsico Inc. | 0.03% | 1,348 | $192K | Add +0.9% |
| IBMP iShares Ibonds Dec 2027 Term | 0.03% | 7,550 | $191K | No change |
| LMT Lockheed Martin Corp. | 0.03% | 415 | $188K | Add +24.6% |
| YUM Yum! Brands Inc. | 0.03% | 1,264 | $187K | Reduce -1.3% |
| LDOS Leidos Holdings Inc. | 0.03% | 906 | $178K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 351 | $174K | Reduce -45.8% |
| GIB Cgi Inc. | 0.03% | 2,026 | $174K | New |
| PG The Procter & Gamble Co. | 0.03% | 1,184 | $172K | Reduce -0.1% |
| IBMO iShares Ibonds Dec 2026 Term | 0.03% | 6,686 | $171K | No change |
| MAR Marriott International Class A | 0.03% | 550 | $160K | Add +0.7% |
| SRE Sempra | 0.03% | 1,699 | $158K | No change |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.02% | 5,930 | $151K | No change |
| FMHI First Trust Municipal High I | 0.02% | 3,074 | $148K | Add +25.7% |
| T AT&T Inc. | 0.02% | 5,874 | $146K | Reduce -5.8% |
| GEV GE Vernova Inc. | 0.02% | 239 | $139K | Reduce -9.8% |
| CEG Constellation Energy | 0.02% | 382 | $138K | No change |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.02% | 476 | $137K | No change |
| RTX RTX Corp. | 0.02% | 749 | $134K | No change |
| ES Eversource Energy | 0.02% | 1,837 | $133K | No change |
| IYR iShares US Real Estate ETF | 0.02% | 1,386 | $132K | No change |
| CWB SS SPDR BB Conv Sec ETF | 0.02% | 1,427 | $132K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.02% | 418 | $132K | No change |
| JNJ Johnson & Johnson | 0.02% | 694 | $131K | Reduce -2.5% |
| IJH iShares Core S&P Midcap ETF | 0.02% | 1,980 | $129K | Reduce -3.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1K (not counted above)
Total filed on the 13F, all lines: $628.6M.
Portfolio Sells Q2 2025 → Q3 2025
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -7.7% | 0.59% | −0.05 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -1.4% | 1.22% | −0.05 |
| GINN Goldman Sachs Innovate Eqty | Reduce -9.3% | 0.52% | −0.04 |
| DFUS Dimensional US Eq MKT ETF | Reduce -1.7% | 1.78% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.7% | 0.75% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -45.8% | 0.03% | −0.02 |
| WMT Walmart Inc. | Reduce -34.9% | 0.03% | −0.02 |
| MSFT Microsoft Corp. | Reduce -0.4% | 0.17% | −0.02 |
| BAC Bank of America Corp. | Reduce -74.3% | 0.01% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.6% | 1.16% | −0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.2% | 0.92% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -33.1% | 0.02% | −0.01 |
| NVDA Nvidia Corp. | Reduce -8.9% | 0.15% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.9% | 0.43% | −0.01 |
| ORCL Oracle Corp. | Reduce -3.6% | 0.05% | −0.01 |
| GEV GE Vernova Inc. | Reduce -9.8% | 0.02% | −0.01 |
| FITE SS SPDR S&P Kensho FS ETF | Reduce -5.2% | 0.52% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.0% | 0.54% | −0.01 |
| T AT&T Inc. | Reduce -5.8% | 0.02% | −0.01 |
| CHWY Chewy Inc. Class A | Reduce -76.9% | 0.00% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -8.0% | 0.09% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -25.0% | 0.01% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.3% | 0.19% | −0.01 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.3% | 0.14% | −0.00 |
| GEHC GE Healthcare Technology | Reduce -98.0% | 0.00% | −0.00 |
| PHYL Pgim Active High Yield Bond | Reduce -54.2% | 0.00% | −0.00 |
| FXR First Trust Indst/Producers | Sold out | 0.00% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.03% | −0.00 |
| TMUS T-Mobile US Inc. | Reduce -1.6% | 0.01% | −0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -50.3% | 0.00% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -2.3% | 0.01% | −0.00 |
| MRX Marex UK Holdings Ltd. | Sold out | 0.00% | −0.00 |
| PCTY Paylocity Holding Corp. | Reduce -1.2% | 0.01% | −0.00 |
| LIN Linde PLC | Reduce -5.8% | 0.01% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Reduce -7.0% | 0.01% | −0.00 |
| ESGU iShares ESG Aware MSCI USA | Reduce -1.3% | 0.16% | −0.00 |
| SO The Southern Co. | Reduce -0.9% | 0.02% | −0.00 |
| FANG Diamondback Energy Inc. | Reduce -15.9% | 0.01% | −0.00 |
| GE General Electric | Reduce -9.6% | 0.05% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Reduce -16.2% | 0.01% | −0.00 |
| PM Philip Morris International | Reduce -10.0% | 0.01% | −0.00 |
| FXD First Trust Consumer Discret | Sold out | 0.00% | −0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Sold out | 0.00% | −0.00 |
| MDT Medtronic PLC | Reduce -29.6% | 0.00% | −0.00 |
| ECL Ecolab Inc. | Reduce -70.8% | 0.00% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.2% | 0.04% | −0.00 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.00 |
| ABT Abbott Laboratories | Reduce -39.6% | 0.00% | −0.00 |
| FTXN First Trust Nasdaq Oil & Gas | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1.1% | 8.47% | +0.53 |
| JTEK JPMorgan US Tech Leaders | Add +0.2% | 8.15% | +0.20 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.3% | 21.36% | +0.17 |
| JIRE JPMorgan Int Res Enh Eqty | Add +2.9% | 9.61% | +0.17 |
| IBTF iShares Ibonds Dec 2025 Term | Add +39.7% | 0.26% | +0.06 |
| JQUA JPMorgan US Quality Factor | Add +475.6% | 0.06% | +0.05 |
| GIB Cgi Inc. | New | 0.03% | +0.03 |
| DGRO iShares Core Dividend Growth | Add +3.1% | 6.61% | +0.02 |
| LLY Eli Lilly & Co. | Add +20.3% | 0.06% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 0.06% | +0.02 |
| MU Micron Technology Inc. | Add +136.7% | 0.02% | +0.01 |
| GLD SPDR Gold Shares | Add +29.0% | 0.04% | +0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +4.6% | 1.29% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +0.9% | 0.05% | +0.01 |
| SAN Banco Santander SA-Spon ADR | New | 0.01% | +0.01 |
| PAHC Phibro Animal Health Corp. Class A | New | 0.01% | +0.01 |
| AVAV Aerovironment Inc. | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +0.4% | 0.05% | +0.01 |
| LMT Lockheed Martin Corp. | Add +24.6% | 0.03% | +0.01 |
| JMUB JPMorgan Municipal ETF | Add +5.9% | 0.65% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +4.1% | 0.12% | +0.00 |
| FMHI First Trust Municipal High I | Add +25.7% | 0.02% | +0.00 |
| CAT Caterpillar Inc. | Add +0.5% | 0.02% | +0.00 |
| WM Waste Management Inc. | Add +60.4% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +42.7% | 0.03% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +0.4% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Add +0.5% | 0.06% | +0.00 |
| FELG Fidelity Enh LRG Cap GWTH | New | 0.00% | +0.00 |
| ALL Allstate Corp. | Add +50.7% | 0.01% | +0.00 |
| IBM Intl Business Machines Corp. | Add +1.1% | 0.01% | +0.00 |
| PLD Prologis Inc. | Add +2.4% | 0.02% | +0.00 |
| UTHR United Therapeutics Corp. | New | 0.00% | +0.00 |
| AXP American Express Co. | Add +7.6% | 0.01% | +0.00 |
| UHS Universal Health Services-B | Add +1333.3% | 0.00% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.15% | +0.00 |
| AMGN Amgen Inc. | Add +2.0% | 0.02% | +0.00 |
| IVES Dan Wedbush AI Rev ETF | New | 0.00% | +0.00 |
| MAR Marriott International Class A | Add +0.7% | 0.03% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.2% | 0.01% | +0.00 |
| SPGM State Street SPDR Portfolio | Add +21.9% | 0.00% | +0.00 |
| TTD Trade Desk Inc./the Class A | Add +250.0% | 0.00% | +0.00 |
| AVEM Avantis Emerging Markets Eq | New | 0.00% | +0.00 |
| APP AppLovin Corp. Class A | Add +25.0% | 0.00% | +0.00 |
| EQIX Equinix Inc. | Add +166.7% | 0.00% | +0.00 |
| GRAL Grail Inc. | New | 0.00% | +0.00 |
| SCHG Schwab US Large-Cap Growth | New | 0.00% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +30.4% | 0.00% | +0.00 |
| BAH Booz Allen Hamilton Holdings | Add +46.3% | 0.01% | +0.00 |
| MCK McKesson Corp. | Add +3.6% | 0.00% | +0.00 |
| PFE Pfizer Inc. | Add +34.7% | 0.00% | +0.00 |
Options Activity Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | call | Sold out | 100 | $25Kbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | Sold out | 100 | $23Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,837 | $754.5M | SPTM, JCPB, JIRE, JQUA, EMXC |
| Q1 2026 | 1,718 | $650.9M | SPTM, JCPB, JIRE, JQUA, EMXC |
| Q4 2025 | 1,274 | $636.7M | SPTM, JCPB, JIRE, JQUA, EMXC |
| Q3 2025 | 1,032 | $628.6M | SPTM, JCPB, JIRE, EMXC, JTEK |
| Q2 2025 | 1,031 | $582.1M | SPTM, JCPB, JIRE, JTEK, EMXC |
| Q1 2025 | 1,056 | $511.2M | SPTM, JCPB, JIRE, EMXC, QUAL |
| Q4 2024 | 65 | $486.7M | SPTM, JCPB, JIRE, EMXC, QUAL |