Kitching Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Kitching Partners, LLC reported 39 stock positions worth $105.9 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 16.5% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 11.2%) and SS SPDR S&P Dividend ETF (SDY, 10.1%). Compared with Q2 2025, it opened 8 new positions, sold out of 3, added to 21 and reduced 2. The biggest buy was iShares Gold Trust (IAU, shares +1%) and the biggest sale an exit from Palantir Technologies Class A (PLTR).
- Most Recent 13F
- Q2 2026
- Location
- CONSHOHOCKEN, PA
- CIK
- 0002010145
- Portfolio Value
- $105.9M (Q3 2025)
- SEC Filing
- 0002010145-25-000006 ↗ filed Nov 14, 2025
Holdings Value
Holdings 39 stocks · $105.9M
| VIG Vanguard Dividend Apprec ETF | 16.48% | 80,868 | $17.5M | Add +2.0% |
| VEA Vanguard Ftse Developed ETF | 11.20% | 197,816 | $11.9M | Add +2.2% |
| SDY SS SPDR S&P Dividend ETF | 10.07% | 76,127 | $10.7M | Add +2.5% |
| VUSB Vanguard Ultra Short Bond Et | 9.95% | 210,610 | $10.5M | Add +2.1% |
| VOO Vanguard S&P 500 ETF | 9.71% | 16,778 | $10.3M | Add +3.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 9.43% | 230,600 | $10.0M | Add +2.5% |
| IAU iShares Gold Trust | 7.33% | 106,698 | $7.8M | Add +1.2% |
| VWO Vanguard Ftse Emerging Marke | 4.49% | 87,707 | $4.8M | Add +2.3% |
| VWOB Vanguard Emerg MKTS Gov BND | 4.35% | 68,891 | $4.6M | Add +1.4% |
| VGLT Vanguard Long-Term Treasury | 4.22% | 78,649 | $4.5M | Add +0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.47% | 8,333 | $1.6M | Add +1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.32% | 2,919 | $1.4M | Add +0.1% |
| KMLM Kraneshares MT LC MN FT Id S | 1.10% | 43,432 | $1.2M | Add +4.3% |
| NVDA Nvidia Corp. | 1.07% | 6,067 | $1.1M | No change |
| MSFT Microsoft Corp. | 0.74% | 1,505 | $780K | No change |
| VGSH Vanguard Short-Term Treasury | 0.68% | 12,247 | $721K | Add +19.7% |
| AMZN Amazon.com Inc. | 0.68% | 3,271 | $718K | No change |
| NN Nextnav Inc. | 0.52% | 38,197 | $546K | Reduce -23.9% |
| AXP American Express Co. | 0.44% | 1,393 | $463K | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.39% | 1,640 | $417K | Add +0.3% |
| CSX CSX Corp. | 0.37% | 10,937 | $388K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.36% | 521 | $383K | Add +17.9% |
| EBC Eastern Bankshares Inc. | 0.35% | 20,228 | $367K | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 0.32% | 1,402 | $341K | New |
| PHG Koninklijke Philips NVR- NY | 0.29% | 11,259 | $307K | No change |
| AAPL Apple Inc. | 0.29% | 1,202 | $306K | Reduce -23.2% |
| PM Philip Morris International | 0.29% | 1,883 | $305K | Add +3.6% |
| SILJ Amplify Junior Silver Miners | 0.27% | 12,583 | $291K | No change |
| HDV iShares Core High Dividend E | 0.23% | 2,007 | $246K | Add +0.8% |
| TSLA Tesla Inc. | 0.22% | 523 | $233K | New |
| AVGO Broadcom Inc. | 0.21% | 681 | $225K | New |
| SIL Global X Silver Miners ETF | 0.20% | 2,995 | $215K | New |
| COPX Global X Copper Miners ETF | 0.20% | 3,540 | $212K | New |
| SHW The Sherwin-Williams Co. | 0.20% | 602 | $208K | No change |
| APP AppLovin Corp. Class A | 0.19% | 281 | $202K | New |
| BBAI Bigbear.ai Holdings Inc. | 0.13% | 20,410 | $133K | No change |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 0.12% | 12,018 | $130K | No change |
| NGD New Gold Inc. | 0.09% | 12,681 | $91K | New |
| RBNE Robin Energy Ltd. | 0.03% | 20,423 | $27K | New |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| IAU iShares Gold Trust | Add +1.2% | 7.33% | +0.64 |
| GOOGL Alphabet Inc. Class A | New | 0.32% | +0.32 |
| VOO Vanguard S&P 500 ETF | Add +3.4% | 9.71% | +0.32 |
| TSLA Tesla Inc. | New | 0.22% | +0.22 |
| AVGO Broadcom Inc. | New | 0.21% | +0.21 |
| SIL Global X Silver Miners ETF | New | 0.20% | +0.20 |
| COPX Global X Copper Miners ETF | New | 0.20% | +0.20 |
| APP AppLovin Corp. Class A | New | 0.19% | +0.19 |
| VWO Vanguard Ftse Emerging Marke | Add +2.3% | 4.49% | +0.17 |
| NGD New Gold Inc. | New | 0.09% | +0.09 |
| VGSH Vanguard Short-Term Treasury | Add +19.7% | 0.68% | +0.07 |
| EBC Eastern Bankshares Inc. | Add +0.8% | 0.35% | +0.03 |
| META Meta Platforms Inc. Class A | Add +17.9% | 0.36% | +0.03 |
| RBNE Robin Energy Ltd. | New | 0.03% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.1% | 1.32% | +0.02 |
| CSX CSX Corp. | Add +0.4% | 0.37% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.3% | 0.39% | −0.00 |
| HDV iShares Core High Dividend E | Add +0.8% | 0.23% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.7% | 1.47% | −0.01 |
| KMLM Kraneshares MT LC MN FT Id S | Add +4.3% | 1.10% | −0.01 |
| AXP American Express Co. | Add +0.1% | 0.44% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +2.0% | 16.48% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Add +2.2% | 11.20% | −0.04 |
| PM Philip Morris International | Add +3.6% | 0.29% | −0.05 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +1.4% | 4.35% | −0.17 |
| SDY SS SPDR S&P Dividend ETF | Add +2.5% | 10.07% | −0.20 |
| VGLT Vanguard Long-Term Treasury | Add +0.8% | 4.22% | −0.23 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +2.5% | 9.43% | −0.45 |
| VUSB Vanguard Ultra Short Bond Et | Add +2.1% | 9.95% | −0.53 |
Notes & Other Activity Q2 2025 → Q3 2025
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | Sold out | 56,649 | $360Kbefore exit |
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 |