In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Kitching Partners, LLC reported 27 stock positions worth $74.5 million . Its top holding was Vanguard Dividend Apprec ETF (VIG) at 17.5% of the portfolio, followed by Vanguard Ultra Short Bond Et (VUSB, 12.8% ) and iShares 0-5 YR HY Corp. Bond (SHYG, 12.5% ). Compared with Q2 2024, it opened 10 new positions, sold out of 3, added to 12 and reduced 3. The biggest buy was Vanguard Ultra Short Bond Et (VUSB, shares +226% ) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −40% ).
Location CONSHOHOCKEN, PA
CIK 0002010145
Portfolio Value $74.5M (Q3 2024) Holdings 27 stocks · $74.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 VIG Vanguard Dividend Apprec ETF 65,731 $13.0M Add +8.7% VUSB Vanguard Ultra Short Bond Et 190,891 $9.5M Add +226.1% SHYG iShares 0-5 YR HY Corp. Bond 213,738 $9.3M Add +17.5% SDY SS SPDR S&P Dividend ETF 60,555 $8.6M Add +19.6% VEA Vanguard Ftse Developed ETF 128,950 $6.8M Reduce -39.8% VGLT Vanguard Long-Term Treasury 72,392 $4.5M Add +28.4% IAU iShares Gold Trust 89,331 $4.4M Add +20.7% VWOB Vanguard Emerg MKTS Gov BND 65,230 $4.3M New VOO Vanguard S&P 500 ETF 7,108 $3.8M Add +61.5% VWO Vanguard Ftse Emerging Marke 61,406 $2.9M Add +89.2% KMLM Kraneshares MT LC MN FT Id S 42,033 $1.2M Add +223.8% VTV Vanguard Mrngstr Val ETF-Aui 4,892 $854K Reduce -2.4% AMZN Amazon.com Inc. 3,633 $677K Add +133.6% NVDA Nvidia Corp. 4,400 $534K New MSFT Microsoft Corp. 1,118 $481K New VB Vanguard Most SM-Cap ETF-Usd 1,617 $384K New CSX CSX Corp. 10,764 $372K Add +0.3% PHG Koninklijke Philips NVR- NY 10,802 $353K No change VUG Vanguard Mrngstar GR ETF-Sui 880 $338K New HDV iShares Core High Dividend E 2,867 $337K Reduce -17.8% AAPL Apple Inc. 1,393 $325K New EBC Eastern Bankshares Inc. 19,624 $322K New GOOGL Alphabet Inc. Class A 1,859 $308K New NN Nextnav Inc. 40,193 $301K No change VGSH Vanguard Short-Term Treasury 5,015 $296K Add +1.1% TSLA Tesla Inc. 769 $201K New ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 12,018 $48K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $135K (not counted above) Security Class Shares / Principal Value Change NNAVW Nextnav Inc. *W EXP 99/99/999 46,649 $135K New
Total filed on the 13F, all lines: $74.7M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ VEA Vanguard Ftse Developed ETF Reduce -39.8% 9.14% −10.12 VTEB Vanguard Tax-Exempt Bond ETF Sold out 0.00% −4.51 LYFT LYFT Inc. Class A Sold out 0.00% −0.62 CATC Cambridge Bancorp Sold out 0.00% −0.49 VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.4% 1.15% −0.32 HDV iShares Core High Dividend E Reduce -17.8% 0.45% −0.24
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ VUSB Vanguard Ultra Short Bond Et Add +226.1% 12.79% +7.52 VWOB Vanguard Emerg MKTS Gov BND New 5.81% +5.81 VWO Vanguard Ftse Emerging Marke Add +89.2% 3.94% +1.36 VOO Vanguard S&P 500 ETF Add +61.5% 5.03% +1.03 KMLM Kraneshares MT LC MN FT Id S Add +223.8% 1.65% +0.96 NVDA Nvidia Corp. New 0.72% +0.72 MSFT Microsoft Corp. New 0.65% +0.65 VB Vanguard Most SM-Cap ETF-Usd New 0.51% +0.51 VUG Vanguard Mrngstar GR ETF-Sui New 0.45% +0.45 AAPL Apple Inc. New 0.44% +0.44 EBC Eastern Bankshares Inc. New 0.43% +0.43 GOOGL Alphabet Inc. Class A New 0.41% +0.41 AMZN Amazon.com Inc. Add +133.6% 0.91% +0.36 TSLA Tesla Inc. New 0.27% +0.27 ORLA Orla Mining Ltd. New 0.06% +0.06 VGLT Vanguard Long-Term Treasury Add +28.4% 5.98% +0.06 IAU iShares Gold Trust Add +20.7% 5.96% +0.04 VGSH Vanguard Short-Term Treasury Add +1.1% 0.40% −0.13 CSX CSX Corp. Add +0.3% 0.50% −0.15 SDY SS SPDR S&P Dividend ETF Add +19.6% 11.54% −0.17 SHYG iShares 0-5 YR HY Corp. Bond Add +17.5% 12.45% −1.51 VIG Vanguard Dividend Apprec ETF Add +8.7% 17.47% −2.61
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ NNAVW Nextnav Inc. *W EXP 99/99/999 New 46,649 $135K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 40 $116.4M VIG, VEA, VUSB, SDY, SHYG Q1 2026 39 $108.5M VIG, VEA, VUSB, SHYG, SDY Q4 2025 41 $109.3M VIG, VEA, VUSB, SHYG, SDY Q3 2025 39 $105.9M VIG, VEA, SDY, VUSB, VOO Q2 2025 34 $98.2M VIG, VEA, VUSB, SDY, SHYG Q1 2025 34 $86.7M VIG, SDY, VUSB, SHYG, VEA Q4 2024 31 $77.9M VIG, VUSB, SHYG, SDY, VEA Q3 2024 27 $74.5M VIG, VUSB, SHYG, SDY, VEA Q2 2024 20 $55.0M VIG, VEA, SHYG, SDY, VGLT Q1 2024 18 $52.7M VIG, VEA, SHYG, SDY, VGLT