NDVR, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), NDVR, Inc. reported 103 stock positions worth $106.7 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 24.1% of the portfolio, followed by HubSpot (HUBS, 15.9%) and Vanguard Ftse Emerging Marke (VWO, 8.2%). Compared with Q1 2025, it opened 9 new positions, sold out of 8, added to 56 and reduced 34. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +1%) and the biggest sale an exit from iShares Core S&P Total U.S. (ITOT).

Most Recent 13F
Q4 2025
Location
Boston, MA
CIK
0002011247
Portfolio Value
$106.7M (Q2 2025)
SEC Filing
0001172661-25-003080 ↗ filed Aug 12, 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 Q4 2024 Q1 2025: $98.0M Q1 2025 Q2 2025: $106.7M $106.7M Q2 2025 Q3 2025: $120.0M Q3 2025 Q4 2025: $120.5M Q4 2025

Holdings 103 stocks · $106.7M
VEA Vanguard Ftse Developed ETF 24.13% 451,501 $25.7M Add +0.5%
HUBS HubSpot Inc. 15.89% 30,449 $16.9M No change
VWO Vanguard Ftse Emerging Marke 8.22% 177,227 $8.8M Add +2.1%
AMZN Amazon.com Inc. 5.01% 24,379 $5.3M Add +0.8%
MSFT Microsoft Corp. 4.31% 9,238 $4.6M Reduce -5.0%
GLDM SPDR Gold Minishares Trust 3.85% 62,736 $4.1M No change
NVDA Nvidia Corp. 2.35% 15,870 $2.5M Reduce -1.9%
AAPL Apple Inc. 2.19% 11,404 $2.3M Add +21.8%
VOO Vanguard S&P 500 ETF 1.57% 2,948 $1.7M Reduce -1.6%
IEFA iShares Core MSCI Eafe ETF 1.53% 19,496 $1.6M Reduce -8.7%
VTI VG Morningstar TS MKT ETF-US 1.36% 4,777 $1.5M Reduce -2.4%
META Meta Platforms Inc. Class A 0.91% 1,311 $968K Reduce -0.6%
WMT Walmart Inc. 0.81% 8,801 $861K Add +0.2%
SCHF Schwab Intl Equity ETF 0.70% 33,736 $746K Reduce -4.4%
GOOG Alphabet Inc. Class C 0.67% 4,053 $719K Reduce -20.9%
EPAM Epam Systems Inc. 0.66% 4,000 $707K No change
GOOGL Alphabet Inc. Class A 0.60% 3,614 $637K Add +0.4%
JPM JPMorgan Chase & Co. 0.53% 1,938 $562K Reduce -1.4%
AVGO Broadcom Inc. 0.48% 1,854 $511K Add +6.3%
IEMG iShares Core MSCI Emerging 0.48% 8,445 $507K Reduce -4.3%
COF Capital One Financial Corp. 0.47% 2,333 $496K Add +103.0%
XOM Exxon Mobil Corp. 0.46% 4,541 $490K Reduce -0.4%
LRN Stride Inc. 0.46% 3,370 $489K Reduce -3.9%
PGR Progressive Corp. 0.45% 1,786 $477K Add +3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.43% 1,549 $457K Add +1.6%
ABBV Abbvie Inc. 0.42% 2,435 $452K Add +3.5%
BRK.B Berkshire Hathaway Inc. Class B 0.41% 893 $434K Add +2.6%
MCK McKesson Corp. 0.40% 586 $429K Reduce -0.5%
MLI Mueller Industries Inc. 0.38% 5,061 $402K Add +0.6%
V Visa Inc. Class A 0.38% 1,130 $401K Add +18.7%
ALSN Allison Transmission Holding 0.36% 4,057 $385K Add +1.5%
CAH Cardinal Health Inc. 0.36% 2,284 $384K Add +0.1%
SGOV iShares 0-3 Month Treasury B 0.36% 3,801 $383K New
HIG Hartford Insurance Group Inc. 0.35% 2,952 $375K Add +3.8%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.34% 4,982 $366K Add +2.0%
UNM Unum Group 0.34% 4,526 $366K Add +3.3%
EME Emcor Group Inc. 0.34% 669 $358K Reduce -30.0%
COR Cencora Inc. 0.33% 1,185 $355K Reduce -0.6%
MTG Mgic Investment Corp. 0.33% 12,708 $354K Add +3.6%
GILD Gilead Sciences Inc. 0.33% 3,168 $351K Add +8.8%
TRV The Travelers Cos Inc. 0.33% 1,308 $350K Add +5.1%
LOPE Grand Canyon Education Inc. 0.33% 1,837 $347K Add +2.9%
TSLA Tesla Inc. 0.32% 1,087 $345K Reduce -4.7%
KR Kroger Co. 0.32% 4,687 $336K Add +6.3%
IDCC Interdigital Inc. 0.31% 1,481 $332K Reduce -1.3%
CALM Cal-Maine Foods Inc. 0.31% 3,296 $328K Add +5.5%
AMP Ameriprise Financial Inc. 0.31% 615 $328K Reduce -0.2%
AXP American Express Co. 0.31% 1,025 $327K Reduce -4.5%
SFM Sprouts Farmers Market Inc. 0.31% 1,980 $326K Reduce -6.7%
LDOS Leidos Holdings Inc. 0.30% 2,024 $319K Add +1.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.30% 2,562 $316K Add +4.9%
COKE Coca-Cola Consolidated Inc. 0.29% 2,782 $311K Reduce -1.4%
L Loews Corp. 0.29% 3,381 $310K Add +4.8%
LNG Cheniere Energy Inc. 0.29% 1,266 $308K Add +1.0%
PJT PJT Partners Inc. Class A 0.28% 1,836 $303K Add +1.0%
ORI Old Republic Intl Corp. 0.28% 7,868 $302K Add +5.6%
PRI Primerica Inc. 0.28% 1,098 $300K Add +1.3%
FOXA Fox Corp. Class A 0.28% 5,346 $300K Add +6.6%
T AT&T Inc. 0.28% 10,278 $297K Add +15.4%
FHI Federated Hermes Inc. 0.28% 6,627 $294K Add +10.9%
CSCO Cisco Systems Inc. 0.27% 4,201 $291K Add +1.8%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.27% 2,289 $291K Add +0.2%
AFL Aflac Inc. 0.27% 2,693 $284K Reduce -2.0%
MET Metlife Inc. 0.27% 3,524 $283K Reduce -0.6%
GE General Electric filed as GE AEROSPACE 0.26% 1,096 $282K Reduce -1.0%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.26% 6,646 $280K Add +2.3%
ORLY O'reilly Automotive Inc. 0.26% 3,094 $279K Add +4.2%
NEU Newmarket Corp. 0.26% 403 $278K New
HURN Huron Consulting Group Inc. 0.26% 2,020 $278K Add +26.5%
FTDR Frontdoor Inc. 0.26% 4,685 $276K New
IAU iShares Gold Trust 0.26% 4,408 $275K No change
FNF Fidelity National Financial 0.26% 4,881 $274K Add +2.8%
VIRT Virtu Financial Inc. Class A 0.25% 6,048 $271K Add +13.8%
EXEL Exelixis Inc. 0.25% 6,139 $271K New
MUSA Murphy USA Inc. 0.25% 664 $270K Reduce -0.6%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.25% 4,824 $265K Add +3.2%
FOX Fox Corp. Class B 0.25% 5,099 $263K Add +1.4%
JBL Jabil Inc. 0.25% 1,207 $263K New
INGR Ingredion Inc. 0.25% 1,935 $262K Add +8.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.25% 252 $262K Add +3.7%
GPOR Gulfport Energy Corp. 0.24% 1,287 $259K Reduce -4.7%
CI The Cigna Group 0.24% 779 $258K Add +5.0%
BRC Brady Corporation Class A 0.24% 3,734 $254K Add +0.7%
CNA Cna Financial Corp. 0.24% 5,418 $252K Add +3.0%
RS Reliance Inc. 0.23% 794 $249K Reduce -1.1%
DVA Davita Inc. 0.23% 1,727 $246K Reduce -3.4%
MKL Markel Group Inc. 0.23% 123 $246K Reduce -0.8%
RGA Reinsurance Group of America 0.23% 1,238 $246K Reduce -8.0%
PPC Pilgrim's Pride Corp. 0.23% 5,385 $242K Add +12.2%
MCY Mercury General Corp. 0.23% 3,583 $241K New
AIZ Assurant Inc. 0.23% 1,219 $241K Add +5.9%
LLY Eli Lilly & Co. 0.22% 303 $236K Reduce -7.6%
ALL Allstate Corp. 0.22% 1,161 $234K Add +11.0%
CASY Casey's General Stores Inc. 0.21% 449 $229K Reduce -41.1%
CNX CNX Resources Corp. 0.21% 6,751 $227K Reduce -4.8%
TYA Simplify Intermediate Term 0.21% 16,351 $221K Add +1.0%
MO Altria Group Inc. 0.20% 3,728 $219K Add +11.2%
IVV iShares Core S&P 500 ETF 0.20% 352 $219K New
MPC Marathon Petroleum Corp. 0.20% 1,301 $216K Reduce -22.1%
PRDO Perdoceo Education Corp. 0.20% 6,420 $210K New
CNM Core & Main Inc. Class A 0.19% 3,394 $205K New
GNW Genworth Financial Inc. 0.15% 21,236 $165K Add +0.2%
ADT Adt Inc. 0.15% 18,657 $158K Add +77.7%

Portfolio Sells Q1 2025 → Q2 2025
ITOT iShares Core S&P Total U.S. Sold out 0.00% −0.54
UNH Unitedhealth Group Inc. Sold out 0.00% −0.35
DFS Discover Financial Services Sold out 0.00% −0.28
COP Conocophillips Sold out 0.00% −0.27
CVX Chevron Corp. Sold out 0.00% −0.24
VLO Valero Energy Corp. Sold out 0.00% −0.22
UTHR United Therapeutics Corp. Sold out 0.00% −0.21
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.20
GOOG Alphabet Inc. Class C Reduce -20.9% 0.67% −0.14
IEFA iShares Core MSCI Eafe ETF Reduce -8.7% 1.53% −0.12
CASY Casey's General Stores Inc. Reduce -41.1% 0.21% −0.12
COKE Coca-Cola Consolidated Inc. Reduce -1.4% 0.29% −0.10
XOM Exxon Mobil Corp. Reduce -0.4% 0.46% −0.09
MUSA Murphy USA Inc. Reduce -0.6% 0.25% −0.07
LLY Eli Lilly & Co. Reduce -7.6% 0.22% −0.06
DVA Davita Inc. Reduce -3.4% 0.23% −0.05
MPC Marathon Petroleum Corp. Reduce -22.1% 0.20% −0.05
AFL Aflac Inc. Reduce -2.0% 0.27% −0.05
RGA Reinsurance Group of America Reduce -8.0% 0.23% −0.04
EME Emcor Group Inc. Reduce -30.0% 0.34% −0.03
SFM Sprouts Farmers Market Inc. Reduce -6.7% 0.31% −0.03
MET Metlife Inc. Reduce -0.6% 0.27% −0.02
CNX CNX Resources Corp. Reduce -4.8% 0.21% −0.01
SCHF Schwab Intl Equity ETF Reduce -4.4% 0.70% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -2.4% 1.36% −0.01
GPOR Gulfport Energy Corp. Reduce -4.7% 0.24% −0.01
IEMG iShares Core MSCI Emerging Reduce -4.3% 0.48% −0.01
MKL Markel Group Inc. Reduce -0.8% 0.23% −0.01
IDCC Interdigital Inc. Reduce -1.3% 0.31% −0.01
COR Cencora Inc. Reduce -0.6% 0.33% −0.01
RS Reliance Inc. Reduce -1.1% 0.23% −0.00
MCK McKesson Corp. Reduce -0.5% 0.40% −0.00
VOO Vanguard S&P 500 ETF Reduce -1.6% 1.57% −0.00
AMP Ameriprise Financial Inc. Reduce -0.2% 0.31% +0.00
LRN Stride Inc. Reduce -3.9% 0.46% +0.01
AXP American Express Co. Reduce -4.5% 0.31% +0.01
TSLA Tesla Inc. Reduce -4.7% 0.32% +0.02
JPM JPMorgan Chase & Co. Reduce -1.4% 0.53% +0.03
GE General Electric Reduce -1.0% 0.26% +0.04
META Meta Platforms Inc. Class A Reduce -0.6% 0.91% +0.13
NVDA Nvidia Corp. Reduce -1.9% 2.35% +0.56
MSFT Microsoft Corp. Reduce -5.0% 4.31% +0.58

Portfolio Buys Q1 2025 → Q2 2025
VEA Vanguard Ftse Developed ETF Add +0.5% 24.13% +0.84
SGOV iShares 0-3 Month Treasury B New 0.36% +0.36
AMZN Amazon.com Inc. Add +0.8% 5.01% +0.32
NEU Newmarket Corp. New 0.26% +0.26
FTDR Frontdoor Inc. New 0.26% +0.26
COF Capital One Financial Corp. Add +103.0% 0.47% +0.26
EXEL Exelixis Inc. New 0.25% +0.25
JBL Jabil Inc. New 0.25% +0.25
MCY Mercury General Corp. New 0.23% +0.23
IVV iShares Core S&P 500 ETF New 0.20% +0.20
VWO Vanguard Ftse Emerging Marke Add +2.1% 8.22% +0.20
PRDO Perdoceo Education Corp. New 0.20% +0.20
CNM Core & Main Inc. Class A New 0.19% +0.19
AVGO Broadcom Inc. Add +6.3% 0.48% +0.18
AAPL Apple Inc. Add +21.8% 2.19% +0.07
ADT Adt Inc. Add +77.7% 0.15% +0.06
VIRT Virtu Financial Inc. Class A Add +13.8% 0.25% +0.05
IBM Intl Business Machines Corp. Add +1.6% 0.43% +0.04
CAH Cardinal Health Inc. Add +0.1% 0.36% +0.04
CVSA Covista Inc. Add +0.2% 0.27% +0.04
V Visa Inc. Class A Add +18.7% 0.38% +0.04
GOOGL Alphabet Inc. Class A Add +0.4% 0.60% +0.03
PJT PJT Partners Inc. Class A Add +1.0% 0.28% +0.03
FHI Federated Hermes Inc. Add +10.9% 0.28% +0.03
HURN Huron Consulting Group Inc. Add +26.5% 0.26% +0.03
LDOS Leidos Holdings Inc. Add +1.7% 0.30% +0.03
NMIH Nmi Holdings Inc. Add +2.3% 0.26% +0.02
T AT&T Inc. Add +15.4% 0.28% +0.02
MTG Mgic Investment Corp. Add +3.6% 0.33% +0.02
WMT Walmart Inc. Add +0.2% 0.81% +0.02
CALM Cal-Maine Foods Inc. Add +5.5% 0.31% +0.02
CSCO Cisco Systems Inc. Add +1.8% 0.27% +0.01
KR Kroger Co. Add +6.3% 0.32% +0.01
LOPE Grand Canyon Education Inc. Add +2.9% 0.33% +0.01
GNW Genworth Financial Inc. Add +0.2% 0.15% +0.00
GWW WW Grainger Inc. Add +3.7% 0.25% +0.00
MO Altria Group Inc. Add +11.2% 0.20% −0.00
INGR Ingredion Inc. Add +8.2% 0.25% −0.00
ALL Allstate Corp. Add +11.0% 0.22% −0.00
GILD Gilead Sciences Inc. Add +8.8% 0.33% −0.00
LNG Cheniere Energy Inc. Add +1.0% 0.29% −0.01
TJX TJX Companies Inc. Add +4.9% 0.30% −0.01
TRV The Travelers Cos Inc. Add +5.1% 0.33% −0.01
CI The Cigna Group Add +5.0% 0.24% −0.01
HIG Hartford Insurance Group Inc. Add +3.8% 0.35% −0.01
FOXA Fox Corp. Class A Add +6.6% 0.28% −0.01
WRB WR Berkley Corp. Add +2.0% 0.34% −0.01
TYA Simplify Intermediate Term Add +1.0% 0.21% −0.01
L Loews Corp. Add +4.8% 0.29% −0.01
HRB H&R Block Inc. Add +3.2% 0.25% −0.01

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