NDVR, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), NDVR, Inc. reported 102 stock positions worth $104.5 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 20.9% of the portfolio, followed by HubSpot (HUBS, 20.3%) and Vanguard Ftse Emerging Marke (VWO, 7.3%). Compared with Q3 2024, it opened 11 new positions, sold out of 12, added to 74 and reduced 11. The biggest buy was a new position in SPDR Gold Minishares Trust (GLDM) and the biggest sale Epam Systems (EPAM, shares −45%).

Most Recent 13F
Q4 2025
Location
Boston, MA
CIK
0002011247
Portfolio Value
$104.5M (Q4 2024)
SEC Filing
0001172661-25-000987 ↗ filed Feb 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $104.8M Q1 2024 Q2 2024: $96.1M Q2 2024 Q3 2024: $97.5M Q3 2024 Q4 2024: $104.5M $104.5M Q4 2024 Q1 2025: $98.0M Q1 2025 Q2 2025: $106.7M Q2 2025 Q3 2025: $120.0M Q3 2025 Q4 2025: $120.5M Q4 2025

Holdings 102 stocks · $104.5M
VEA Vanguard Ftse Developed ETF 20.87% 455,928 $21.8M Add +11.1%
HUBS HubSpot Inc. 20.31% 30,449 $21.2M Reduce -18.5%
VWO Vanguard Ftse Emerging Marke 7.27% 172,410 $7.6M Add +6.9%
AMZN Amazon.com Inc. 5.07% 24,145 $5.3M Add +1.0%
MSFT Microsoft Corp. 3.95% 9,794 $4.1M Add +16.3%
GLDM SPDR Gold Minishares Trust 3.12% 62,736 $3.3M New
AAPL Apple Inc. 2.27% 9,451 $2.4M Add +4.7%
NVDA Nvidia Corp. 2.08% 16,184 $2.2M Reduce -2.3%
IEFA iShares Core MSCI Eafe ETF 2.05% 30,453 $2.1M Add +11.4%
VTI VG Morningstar TS MKT ETF-US 1.70% 6,140 $1.8M Reduce -6.5%
VOO Vanguard S&P 500 ETF 1.54% 2,995 $1.6M No change
ITOT iShares Core S&P Total U.S. 1.15% 9,368 $1.2M No change
GOOG Alphabet Inc. Class C 0.96% 5,247 $999K Add +1.4%
EPAM Epam Systems Inc. 0.90% 4,000 $935K Reduce -45.2%
WMT Walmart Inc. 0.77% 8,886 $803K Add +7.2%
META Meta Platforms Inc. Class A 0.75% 1,333 $780K Add +11.4%
GOOGL Alphabet Inc. Class A 0.69% 3,782 $716K Add +3.5%
SCHF Schwab Intl Equity ETF 0.65% 36,620 $677K No change
XOM Exxon Mobil Corp. 0.48% 4,670 $502K Reduce -9.9%
JPM JPMorgan Chase & Co. 0.48% 2,082 $499K Add +2.8%
IDCC Interdigital Inc. 0.47% 2,544 $493K Add +5.0%
EME Emcor Group Inc. 0.47% 1,085 $492K Reduce -4.0%
IEMG iShares Core MSCI Emerging 0.45% 8,907 $465K Add +11.1%
ALSN Allison Transmission Holding 0.44% 4,265 $461K Add +4.8%
ABBV Abbvie Inc. 0.42% 2,460 $437K Add +7.4%
PGR Progressive Corp. 0.42% 1,810 $434K Add +5.8%
MLI Mueller Industries Inc. 0.41% 5,454 $433K Add +5.1%
AVGO Broadcom Inc. 0.39% 1,753 $406K Add +10.7%
SFM Sprouts Farmers Market Inc. 0.39% 3,190 $405K Reduce -36.3%
BRK.B Berkshire Hathaway Inc. Class B 0.38% 873 $396K Add +12.7%
LRN Stride Inc. 0.37% 3,762 $391K Add +5.1%
COKE Coca-Cola Consolidated Inc. 0.37% 309 $389K Add +7.3%
MUSA Murphy USA Inc. 0.34% 715 $359K Add +4.8%
MCK McKesson Corp. 0.34% 627 $357K Add +3.5%
UNH Unitedhealth Group Inc. 0.33% 681 $344K Add +5.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.33% 1,567 $344K Add +5.5%
AMP Ameriprise Financial Inc. 0.33% 640 $341K Add +8.1%
COP Conocophillips 0.32% 3,350 $332K Add +49.2%
UNM Unum Group 0.32% 4,548 $332K Add +4.9%
HIG Hartford Insurance Group Inc. 0.31% 3,004 $329K Add +6.0%
CASY Casey's General Stores Inc. 0.31% 824 $326K Add +6.2%
PJT PJT Partners Inc. Class A 0.31% 2,050 $324K Add +6.0%
AXP American Express Co. 0.31% 1,074 $319K Add +10.5%
RGA Reinsurance Group of America 0.30% 1,470 $314K Add +6.1%
TRV The Travelers Cos Inc. 0.30% 1,301 $313K Add +6.1%
CALM Cal-Maine Foods Inc. 0.30% 3,043 $313K New
CAH Cardinal Health Inc. 0.30% 2,611 $309K Add +6.0%
PRI Primerica Inc. 0.29% 1,135 $308K Add +6.6%
LOPE Grand Canyon Education Inc. 0.29% 1,878 $308K Add +5.1%
MET Metlife Inc. 0.29% 3,710 $304K Add +7.3%
AFL Aflac Inc. 0.29% 2,924 $302K Add +6.4%
COR Cencora Inc. 0.29% 1,327 $298K Add +6.5%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.28% 5,088 $298K Add +6.9%
CONSOL ENERGY INC 0.28% 2,782 $297K Add +0.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.28% 281 $296K Add +7.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.28% 2,434 $294K Add +7.8%
LDOS Leidos Holdings Inc. 0.28% 2,041 $294K Add +2.0%
L Loews Corp. 0.28% 3,454 $293K Add +7.4%
MTG Mgic Investment Corp. 0.28% 12,180 $289K Add +8.7%
BRC Brady Corporation Class A 0.27% 3,883 $287K Add +7.6%
DFS Discover Financial Services 0.27% 1,641 $284K Add +2.0%
FNF Fidelity National Financial 0.26% 4,851 $272K Add +12.3%
ORI Old Republic Intl Corp. 0.26% 7,516 $272K Add +7.7%
CNX CNX Resources Corp. 0.26% 7,373 $270K Add +2.6%
KR Kroger Co. 0.26% 4,398 $269K Add +7.5%
GPOR Gulfport Energy Corp. 0.25% 1,443 $266K Reduce -4.2%
MPC Marathon Petroleum Corp. 0.25% 1,903 $265K Add +3.0%
TSLA Tesla Inc. 0.25% 655 $265K New
CNA Cna Financial Corp. 0.25% 5,439 $263K Add +7.2%
ORLY O'reilly Automotive Inc. 0.25% 220 $261K Add +5.3%
LLY Eli Lilly & Co. 0.25% 335 $259K Add +20.1%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.25% 4,873 $257K Add +7.9%
DVA Davita Inc. 0.25% 1,714 $256K Add +28.9%
LNG Cheniere Energy Inc. 0.24% 1,188 $255K Add +4.8%
MRK Merck & Co. Inc. 0.24% 2,550 $254K Add +6.6%
CSCO Cisco Systems Inc. 0.24% 4,283 $254K Reduce -4.4%
CI The Cigna Group 0.24% 915 $253K Add +5.4%
SLVM Sylvamo Corp. 0.24% 3,196 $253K Add +9.2%
EVR Evercore Inc. Class A 0.24% 893 $248K Add +1.0%
MCY Mercury General Corp. 0.24% 3,695 $246K Add +11.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.23% 1,215 $241K No change
HCC Warrior Met Coal Inc. 0.23% 4,426 $240K Reduce -3.1%
RS Reliance Inc. 0.23% 882 $237K Add +5.8%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.23% 6,445 $237K Add +12.7%
AIZ Assurant Inc. 0.23% 1,109 $236K New
IWS iShares Russell Mid-Cap Valu 0.22% 1,763 $228K No change
UTHR United Therapeutics Corp. 0.22% 644 $227K Add +11.4%
VLO Valero Energy Corp. 0.22% 1,852 $227K Add +6.1%
INGR Ingredion Inc. 0.22% 1,642 $226K New
FTDR Frontdoor Inc. 0.22% 4,122 $225K New
CVX Chevron Corp. 0.21% 1,500 $217K New
SNA Snap-on Inc. 0.21% 639 $217K New
PHM Pultegroup Inc. 0.21% 1,984 $216K Add +6.0%
GILD Gilead Sciences Inc. 0.20% 2,311 $213K New
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.20% 2,324 $211K New
WSM Williams-Sonoma Inc. 0.20% 1,136 $210K New
NTAP Netapp Inc. 0.20% 1,797 $209K Add +1.9%
IVV iShares Core S&P 500 ETF 0.20% 352 $207K No change
LEN.B Lennar Corp. Class B 0.19% 1,522 $201K Add +11.0%
EXPD Expeditors Intl Wash Inc. 0.19% 1,812 $201K Add +5.8%
GNW Genworth Financial Inc. 0.16% 24,329 $170K Add +8.6%
MBC Masterbrand Inc. 0.14% 10,238 $150K Reduce -1.4%

Portfolio Sells Q3 2024 → Q4 2024
EPAM Epam Systems Inc. Reduce -45.2% 0.90% −0.60
NSIT Insight Enterprises Inc. Sold out 0.00% −0.26
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.25
AMR Alpha Metallurgical Resource Sold out 0.00% −0.24
TOL Toll Brothers Inc. Sold out 0.00% −0.24
PSX Phillips 66 Sold out 0.00% −0.24
LEN Lennar Corp. Class A Sold out 0.00% −0.23
STLD Steel Dynamics Inc. Sold out 0.00% −0.23
HUBS HubSpot Inc. Reduce -18.5% 20.31% −0.23
SAIC Science Applications Inte Sold out 0.00% −0.22
GE General Electric Sold out 0.00% −0.22
NOW ServiceNow Inc. Sold out 0.00% −0.21
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.21
NEU Newmarket Corp. Sold out 0.00% −0.21
VTI VG Morningstar TS MKT ETF-US Reduce -6.5% 1.70% −0.20
SFM Sprouts Farmers Market Inc. Reduce -36.3% 0.39% −0.17
XOM Exxon Mobil Corp. Reduce -9.9% 0.48% −0.14
HCC Warrior Met Coal Inc. Reduce -3.1% 0.23% −0.07
MBC Masterbrand Inc. Reduce -1.4% 0.14% −0.05
EME Emcor Group Inc. Reduce -4.0% 0.47% −0.02
CSCO Cisco Systems Inc. Reduce -4.4% 0.24% −0.00
NVDA Nvidia Corp. Reduce -2.3% 2.08% +0.02
GPOR Gulfport Energy Corp. Reduce -4.2% 0.25% +0.02

Portfolio Buys Q3 2024 → Q4 2024
GLDM SPDR Gold Minishares Trust New 3.12% +3.12
AMZN Amazon.com Inc. Add +1.0% 5.07% +0.46
CALM Cal-Maine Foods Inc. New 0.30% +0.30
MSFT Microsoft Corp. Add +16.3% 3.95% +0.25
TSLA Tesla Inc. New 0.25% +0.25
AIZ Assurant Inc. New 0.23% +0.23
INGR Ingredion Inc. New 0.22% +0.22
FTDR Frontdoor Inc. New 0.22% +0.22
CVX Chevron Corp. New 0.21% +0.21
SNA Snap-on Inc. New 0.21% +0.21
GILD Gilead Sciences Inc. New 0.20% +0.20
CVSA Covista Inc. New 0.20% +0.20
WSM Williams-Sonoma Inc. New 0.20% +0.20
AAPL Apple Inc. Add +4.7% 2.27% +0.16
IDCC Interdigital Inc. Add +5.0% 0.47% +0.12
AVGO Broadcom Inc. Add +10.7% 0.39% +0.11
WMT Walmart Inc. Add +7.2% 0.77% +0.09
GOOG Alphabet Inc. Class C Add +1.4% 0.96% +0.08
COP Conocophillips Add +49.2% 0.32% +0.08
GOOGL Alphabet Inc. Class A Add +3.5% 0.69% +0.07
LRN Stride Inc. Add +5.1% 0.37% +0.07
UNM Unum Group Add +4.9% 0.32% +0.06
META Meta Platforms Inc. Class A Add +11.4% 0.75% +0.05
PJT PJT Partners Inc. Class A Add +6.0% 0.31% +0.04
DFS Discover Financial Services Add +2.0% 0.27% +0.04
AMP Ameriprise Financial Inc. Add +8.1% 0.33% +0.04
JPM JPMorgan Chase & Co. Add +2.8% 0.48% +0.04
MCK McKesson Corp. Add +3.5% 0.34% +0.04
ALSN Allison Transmission Holding Add +4.8% 0.44% +0.04
LNG Cheniere Energy Inc. Add +4.8% 0.24% +0.04
AXP American Express Co. Add +10.5% 0.31% +0.03
LOPE Grand Canyon Education Inc. Add +5.1% 0.29% +0.03
MLI Mueller Industries Inc. Add +5.1% 0.41% +0.03
CNX CNX Resources Corp. Add +2.6% 0.26% +0.03
DVA Davita Inc. Add +28.9% 0.25% +0.02
KR Kroger Co. Add +7.5% 0.26% +0.02
L Loews Corp. Add +7.4% 0.28% +0.02
MCY Mercury General Corp. Add +11.2% 0.24% +0.02
CAH Cardinal Health Inc. Add +6.0% 0.30% +0.02
CASY Casey's General Stores Inc. Add +6.2% 0.31% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +12.7% 0.38% +0.02
TJX TJX Companies Inc. Add +7.8% 0.28% +0.01
WRB WR Berkley Corp. Add +6.9% 0.28% +0.01
GNW Genworth Financial Inc. Add +8.6% 0.16% +0.01
PRI Primerica Inc. Add +6.6% 0.29% +0.01
ORI Old Republic Intl Corp. Add +7.7% 0.26% +0.01
EVR Evercore Inc. Class A Add +1.0% 0.24% +0.01
GWW WW Grainger Inc. Add +7.3% 0.28% +0.01
UTHR United Therapeutics Corp. Add +11.4% 0.22% +0.00
ORLY O'reilly Automotive Inc. Add +5.3% 0.25% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 121$120.5MVEA, HUBS, VWO, SGOV, AMZN
Q3 2025 115$120.0MVEA, HUBS, VWO, SGOV, AMZN
Q2 2025 103$106.7MVEA, HUBS, VWO, AMZN, MSFT
Q1 2025 102$98.0MVEA, HUBS, VWO, AMZN, GLDM
Q4 2024 102$104.5MVEA, HUBS, VWO, AMZN, MSFT
Q3 2024 103$97.5MVEA, HUBS, VWO, AMZN, MSFT
Q2 2024 92$96.1MHUBS, VEA, VWO, AMZN, GLDM
Q1 2024 106$104.8MHUBS, VEA, VWO, GLDM, AMZN