Kitching Partners, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Kitching Partners, LLC reported 31 stock positions worth $77.9 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 17.2% of the portfolio, followed by Vanguard Ultra Short Bond Et (VUSB, 12.3%) and iShares 0-5 YR HY Corp. Bond (SHYG, 11.8%). Compared with Q3 2024, it opened 5 new positions, sold out of 1, added to 19 and reduced 4. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +35%) and the biggest sale an exit from Tesla (TSLA).

Most Recent 13F
Q2 2026
Location
CONSHOHOCKEN, PA
CIK
0002010145
Portfolio Value
$77.9M (Q4 2024)
SEC Filing
0002010145-25-000001 ↗ filed Feb 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $52.7M Q1 2024 Q2 2024: $55.0M Q2 2024 Q3 2024: $74.5M Q3 2024 Q4 2024: $77.9M $77.9M Q4 2024 Q1 2025: $86.7M Q1 2025 Q2 2025: $98.2M Q2 2025 Q3 2025: $105.9M Q3 2025 Q4 2025: $109.3M Q4 2025 Q1 2026: $108.5M Q1 2026 Q2 2026: $116.4M Q2 2026

Holdings 31 stocks · $77.9M
VIG Vanguard Dividend Apprec ETF 17.23% 68,550 $13.4M Add +4.3%
VUSB Vanguard Ultra Short Bond Et 12.26% 192,536 $9.6M Add +0.9%
SHYG iShares 0-5 YR HY Corp. Bond 11.77% 215,246 $9.2M Add +0.7%
SDY SS SPDR S&P Dividend ETF 10.91% 64,336 $8.5M Add +6.2%
VEA Vanguard Ftse Developed ETF 8.74% 142,337 $6.8M Add +10.4%
VOO Vanguard S&P 500 ETF 6.65% 9,615 $5.2M Add +35.3%
IAU iShares Gold Trust 5.98% 94,061 $4.7M Add +5.3%
VWOB Vanguard Emerg MKTS Gov BND 5.39% 66,468 $4.2M Add +1.9%
VGLT Vanguard Long-Term Treasury 5.33% 75,054 $4.2M Add +3.7%
VWO Vanguard Ftse Emerging Marke 3.83% 67,805 $3.0M Add +10.4%
KMLM Kraneshares MT LC MN FT Id S 1.56% 43,166 $1.2M Add +2.7%
AMZN Amazon.com Inc. 1.20% 4,264 $935K Add +17.4%
VTV Vanguard Mrngstr Val ETF-Aui 1.06% 4,868 $824K Reduce -0.5%
NVDA Nvidia Corp. 0.94% 5,441 $731K Add +23.7%
MSFT Microsoft Corp. 0.81% 1,496 $631K Add +33.8%
NN Nextnav Inc. 0.80% 40,193 $625K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.80% 1,511 $620K Add +71.7%
AAPL Apple Inc. 0.58% 1,820 $456K Add +30.6%
VB Vanguard Most SM-Cap ETF-Usd 0.50% 1,628 $391K Add +0.7%
CSX CSX Corp. 0.45% 10,802 $349K Add +0.3%
EBC Eastern Bankshares Inc. 0.44% 19,754 $341K Add +0.7%
HDV iShares Core High Dividend E 0.39% 2,710 $304K Reduce -5.5%
PHG Koninklijke Philips NVR- NY 0.35% 10,802 $274K No change
GOOGL Alphabet Inc. Class A 0.33% 1,375 $260K Reduce -26.0%
FISV Fiserv Inc. 0.33% 1,253 $257K New
PM Philip Morris International 0.32% 2,103 $253K New
APLD Applied Digital Corp. 0.30% 30,272 $231K New
VGSH Vanguard Short-Term Treasury 0.28% 3,727 $217K Reduce -25.7%
CRM Salesforce Inc. 0.28% 647 $216K New
NVAX Novavax Inc. 0.11% 11,013 $89K New
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.09% 12,018 $67K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $268K (not counted above)
SecurityClassShares / PrincipalValueChange
NNAVW Nextnav Inc. *W EXP 99/99/999 46,649$268KNo change

Total filed on the 13F, all lines: $78.2M.

Portfolio Sells Q3 2024 → Q4 2024
TSLA Tesla Inc. Sold out 0.00% −0.27
VGSH Vanguard Short-Term Treasury Reduce -25.7% 0.28% −0.12
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.5% 1.06% −0.09
GOOGL Alphabet Inc. Class A Reduce -26.0% 0.33% −0.08
HDV iShares Core High Dividend E Reduce -5.5% 0.39% −0.06

Portfolio Buys Q3 2024 → Q4 2024
VOO Vanguard S&P 500 ETF Add +35.3% 6.65% +1.62
VUG Vanguard Mrngstar GR ETF-Sui Add +71.7% 0.80% +0.34
FISV Fiserv Inc. New 0.33% +0.33
PM Philip Morris International New 0.32% +0.32
APLD Applied Digital Corp. New 0.30% +0.30
AMZN Amazon.com Inc. Add +17.4% 1.20% +0.29
CRM Salesforce Inc. New 0.28% +0.28
NVDA Nvidia Corp. Add +23.7% 0.94% +0.22
MSFT Microsoft Corp. Add +33.8% 0.81% +0.16
AAPL Apple Inc. Add +30.6% 0.58% +0.15
NVAX Novavax Inc. New 0.11% +0.11
IAU iShares Gold Trust Add +5.3% 5.98% +0.02
EBC Eastern Bankshares Inc. Add +0.7% 0.44% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +0.7% 0.50% −0.01
CSX CSX Corp. Add +0.3% 0.45% −0.05
KMLM Kraneshares MT LC MN FT Id S Add +2.7% 1.56% −0.09
VWO Vanguard Ftse Emerging Marke Add +10.4% 3.83% −0.11
VIG Vanguard Dividend Apprec ETF Add +4.3% 17.23% −0.24
VEA Vanguard Ftse Developed ETF Add +10.4% 8.74% −0.40
VWOB Vanguard Emerg MKTS Gov BND Add +1.9% 5.39% −0.42
VUSB Vanguard Ultra Short Bond Et Add +0.9% 12.26% −0.53
SDY SS SPDR S&P Dividend ETF Add +6.2% 10.91% −0.63
VGLT Vanguard Long-Term Treasury Add +3.7% 5.33% −0.65
SHYG iShares 0-5 YR HY Corp. Bond Add +0.7% 11.77% −0.68

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 40$116.4MVIG, VEA, VUSB, SDY, SHYG
Q1 2026 39$108.5MVIG, VEA, VUSB, SHYG, SDY
Q4 2025 41$109.3MVIG, VEA, VUSB, SHYG, SDY
Q3 2025 39$105.9MVIG, VEA, SDY, VUSB, VOO
Q2 2025 34$98.2MVIG, VEA, VUSB, SDY, SHYG
Q1 2025 34$86.7MVIG, SDY, VUSB, SHYG, VEA
Q4 2024 31$77.9MVIG, VUSB, SHYG, SDY, VEA
Q3 2024 27$74.5MVIG, VUSB, SHYG, SDY, VEA
Q2 2024 20$55.0MVIG, VEA, SHYG, SDY, VGLT
Q1 2024 18$52.7MVIG, VEA, SHYG, SDY, VGLT