NDVR, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), NDVR, Inc. reported 115 stock positions worth $120.0 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 23.2% of the portfolio, followed by HubSpot (HUBS, 10.2%) and Vanguard Ftse Emerging Marke (VWO, 8.2%). Compared with Q2 2025, it opened 17 new positions, sold out of 5, added to 26 and reduced 67. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +1458%) and the biggest sale HubSpot (HUBS, shares −14%).
- Most Recent 13F
- Q4 2025
- Location
- Boston, MA
- CIK
- 0002011247
- Portfolio Value
- $120.0M (Q3 2025)
- SEC Filing
- 0001172661-25-004382 ↗ filed Oct 22, 2025
Holdings Value
Holdings 115 stocks · $120.0M
| VEA Vanguard Ftse Developed ETF | 23.18% | 464,063 | $27.8M | Add +2.8% |
| HUBS HubSpot Inc. | 10.16% | 26,049 | $12.2M | Reduce -14.4% |
| VWO Vanguard Ftse Emerging Marke | 8.18% | 181,077 | $9.8M | Add +2.2% |
| SGOV iShares 0-3 Month Treasury B | 4.97% | 59,217 | $6.0M | Add +1457.9% |
| AMZN Amazon.com Inc. | 4.67% | 25,495 | $5.6M | Add +4.6% |
| MSFT Microsoft Corp. | 4.10% | 9,495 | $4.9M | Add +2.8% |
| GLDM SPDR Gold Minishares Trust | 4.00% | 62,736 | $4.8M | No change |
| VTI VG Morningstar TS MKT ETF-US | 3.21% | 11,741 | $3.9M | Add +145.8% |
| NVDA Nvidia Corp. | 2.70% | 17,383 | $3.2M | Add +9.5% |
| AAPL Apple Inc. | 2.35% | 11,082 | $2.8M | Reduce -2.8% |
| VOO Vanguard S&P 500 ETF | 1.50% | 2,948 | $1.8M | No change |
| IEFA iShares Core MSCI Eafe ETF | 1.45% | 19,974 | $1.7M | Add +2.5% |
| META Meta Platforms Inc. Class A | 0.88% | 1,437 | $1.1M | Add +9.6% |
| GOOGL Alphabet Inc. Class A | 0.83% | 4,091 | $995K | Add +13.2% |
| WMT Walmart Inc. | 0.76% | 8,810 | $908K | Add +0.1% |
| AVGO Broadcom Inc. | 0.71% | 2,576 | $850K | Add +38.9% |
| GOOG Alphabet Inc. Class C | 0.68% | 3,365 | $820K | Reduce -17.0% |
| SCHF Schwab Intl Equity ETF | 0.65% | 33,408 | $778K | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 0.61% | 2,302 | $726K | Add +18.8% |
| EPAM Epam Systems Inc. | 0.50% | 4,001 | $603K | Add +0.0% |
| IEMG iShares Core MSCI Emerging | 0.48% | 8,670 | $572K | Add +2.7% |
| ABBV Abbvie Inc. | 0.46% | 2,391 | $554K | Reduce -1.8% |
| TSLA Tesla Inc. | 0.41% | 1,117 | $497K | Add +2.8% |
| XOM Exxon Mobil Corp. | 0.41% | 4,363 | $492K | Reduce -3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 930 | $468K | Add +4.1% |
| IDCC Interdigital Inc. | 0.38% | 1,329 | $459K | Reduce -10.3% |
| MLI Mueller Industries Inc. | 0.38% | 4,492 | $454K | Reduce -11.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 1,562 | $441K | Add +0.8% |
| MCK McKesson Corp. | 0.37% | 567 | $438K | Reduce -3.2% |
| V Visa Inc. Class A | 0.35% | 1,242 | $424K | Add +9.9% |
| LRN Stride Inc. | 0.35% | 2,837 | $423K | Reduce -15.8% |
| PGR Progressive Corp. | 0.35% | 1,703 | $421K | Reduce -4.7% |
| EME Emcor Group Inc. | 0.34% | 632 | $411K | Reduce -5.5% |
| ORCL Oracle Corp. | 0.34% | 1,429 | $402K | New |
| HIG Hartford Insurance Group Inc. | 0.32% | 2,869 | $383K | Reduce -2.8% |
| LOPE Grand Canyon Education Inc. | 0.32% | 1,743 | $383K | Reduce -5.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.31% | 4,889 | $375K | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 2,558 | $370K | Reduce -0.2% |
| LDOS Leidos Holdings Inc. | 0.31% | 1,952 | $369K | Reduce -3.6% |
| COR Cencora Inc. | 0.31% | 1,173 | $367K | Reduce -1.0% |
| CAH Cardinal Health Inc. | 0.30% | 2,282 | $358K | Reduce -0.1% |
| TRV The Travelers Cos Inc. | 0.30% | 1,282 | $358K | Reduce -2.0% |
| GILD Gilead Sciences Inc. | 0.29% | 3,184 | $353K | Add +0.5% |
| MTG Mgic Investment Corp. | 0.29% | 12,151 | $345K | Reduce -4.4% |
| AXP American Express Co. | 0.28% | 1,025 | $340K | No change |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.28% | 2,189 | $338K | Reduce -4.4% |
| UNM Unum Group | 0.28% | 4,312 | $335K | Reduce -4.7% |
| FHI Federated Hermes Inc. | 0.28% | 6,456 | $335K | Reduce -2.6% |
| FOXA Fox Corp. Class A | 0.28% | 5,294 | $334K | Reduce -1.0% |
| L Loews Corp. | 0.28% | 3,317 | $333K | Reduce -1.9% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 1,094 | $329K | Reduce -0.2% |
| NEU Newmarket Corp. | 0.27% | 391 | $324K | Reduce -3.0% |
| ORI Old Republic Intl Corp. | 0.27% | 7,575 | $322K | Reduce -3.7% |
| IAU iShares Gold Trust | 0.27% | 4,408 | $321K | No change |
| ALSN Allison Transmission Holding | 0.26% | 3,731 | $317K | Reduce -8.0% |
| ORLY O'reilly Automotive Inc. | 0.26% | 2,920 | $315K | Reduce -5.6% |
| KR Kroger Co. | 0.26% | 4,667 | $315K | Reduce -0.4% |
| COKE Coca-Cola Consolidated Inc. | 0.26% | 2,638 | $309K | Reduce -5.2% |
| FTDR Frontdoor Inc. | 0.26% | 4,553 | $306K | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.25% | 400 | $305K | Add +32.0% |
| PJT PJT Partners Inc. Class A | 0.25% | 1,701 | $302K | Reduce -7.3% |
| PRI Primerica Inc. | 0.25% | 1,075 | $298K | Reduce -2.1% |
| FOX Fox Corp. Class B | 0.25% | 5,205 | $298K | Add +2.1% |
| CALM Cal-Maine Foods Inc. | 0.25% | 3,143 | $296K | Reduce -4.6% |
| FNF Fidelity National Financial | 0.25% | 4,879 | $295K | Reduce -0.0% |
| AMP Ameriprise Financial Inc. | 0.25% | 600 | $295K | Reduce -2.4% |
| T AT&T Inc. | 0.24% | 10,336 | $292K | Add +0.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 1,557 | $290K | New |
| MET Metlife Inc. | 0.24% | 3,501 | $288K | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 0.24% | 4,161 | $285K | Reduce -0.9% |
| MCY Mercury General Corp. | 0.24% | 3,357 | $285K | Reduce -6.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 591 | $283K | New |
| HURN Huron Consulting Group Inc. | 0.23% | 1,909 | $280K | Reduce -5.5% |
| LNG Cheniere Energy Inc. | 0.23% | 1,185 | $278K | Reduce -6.4% |
| AFL Aflac Inc. | 0.23% | 2,469 | $276K | Reduce -8.3% |
| BRC Brady Corporation Class A | 0.22% | 3,408 | $266K | Reduce -8.7% |
| JBL Jabil Inc. | 0.21% | 1,171 | $254K | Reduce -3.0% |
| AIZ Assurant Inc. | 0.21% | 1,165 | $252K | Reduce -4.4% |
| EXEL Exelixis Inc. | 0.21% | 6,101 | $252K | Reduce -0.6% |
| PRDO Perdoceo Education Corp. | 0.21% | 6,636 | $250K | Add +3.4% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.21% | 6,419 | $246K | Reduce -3.4% |
| UTHR United Therapeutics Corp. | 0.20% | 586 | $246K | New |
| ALL Allstate Corp. | 0.20% | 1,142 | $245K | Reduce -1.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.20% | 3,077 | $241K | New |
| LAUR Laureate Education Inc. | 0.20% | 7,571 | $239K | New |
| IVV iShares Core S&P 500 ETF | 0.20% | 352 | $236K | No change |
| MUSA Murphy USA Inc. | 0.19% | 602 | $234K | Reduce -9.3% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.19% | 4,593 | $232K | Reduce -4.8% |
| CNA Cna Financial Corp. | 0.19% | 4,994 | $232K | Reduce -7.8% |
| MO Altria Group Inc. | 0.19% | 3,504 | $231K | Reduce -6.0% |
| MPC Marathon Petroleum Corp. | 0.19% | 1,197 | $231K | Reduce -8.0% |
| CASY Casey's General Stores Inc. | 0.19% | 408 | $231K | Reduce -9.1% |
| PHM Pultegroup Inc. | 0.19% | 1,743 | $230K | New |
| VLO Valero Energy Corp. | 0.19% | 1,351 | $230K | New |
| DDS Dillards Inc. Class A | 0.19% | 367 | $226K | New |
| CVX Chevron Corp. | 0.19% | 1,448 | $225K | New |
| TYA Simplify Intermediate Term | 0.19% | 16,500 | $225K | Add +0.9% |
| GPOR Gulfport Energy Corp. | 0.19% | 1,237 | $224K | Reduce -3.9% |
| MKL Markel Group Inc. | 0.19% | 117 | $224K | Reduce -4.9% |
| INGR Ingredion Inc. | 0.19% | 1,828 | $223K | Reduce -5.5% |
Portfolio Sells Q2 2025 → Q3 2025
| HUBS HubSpot Inc. | Reduce -14.4% | 10.16% | −5.73 |
| COF Capital One Financial Corp. | Reduce -57.3% | 0.18% | −0.29 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.25 |
| CI The Cigna Group | Sold out | 0.00% | −0.24 |
| DVA Davita Inc. | Sold out | 0.00% | −0.23 |
| PPC Pilgrim's Pride Corp. | Sold out | 0.00% | −0.23 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.19 |
| SFM Sprouts Farmers Market Inc. | Reduce -1.8% | 0.18% | −0.13 |
| LRN Stride Inc. | Reduce -15.8% | 0.35% | −0.11 |
| ALSN Allison Transmission Holding | Reduce -8.0% | 0.26% | −0.10 |
| PGR Progressive Corp. | Reduce -4.7% | 0.35% | −0.10 |
| VIRT Virtu Financial Inc. Class A | Reduce -1.7% | 0.18% | −0.08 |
| UNM Unum Group | Reduce -4.7% | 0.28% | −0.06 |
| AMP Ameriprise Financial Inc. | Reduce -2.4% | 0.25% | −0.06 |
| CALM Cal-Maine Foods Inc. | Reduce -4.6% | 0.25% | −0.06 |
| CAH Cardinal Health Inc. | Reduce -0.1% | 0.30% | −0.06 |
| INGR Ingredion Inc. | Reduce -5.5% | 0.19% | −0.06 |
| MUSA Murphy USA Inc. | Reduce -9.3% | 0.19% | −0.06 |
| NMIH Nmi Holdings Inc. | Reduce -3.4% | 0.21% | −0.06 |
| LNG Cheniere Energy Inc. | Reduce -6.4% | 0.23% | −0.06 |
| GPOR Gulfport Energy Corp. | Reduce -3.9% | 0.19% | −0.06 |
| HRB H&R Block Inc. | Reduce -4.8% | 0.19% | −0.05 |
| RS Reliance Inc. | Reduce -3.0% | 0.18% | −0.05 |
| KR Kroger Co. | Reduce -0.4% | 0.26% | −0.05 |
| SCHF Schwab Intl Equity ETF | Reduce -1.0% | 0.65% | −0.05 |
| RGA Reinsurance Group of America | Reduce -9.1% | 0.18% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -3.9% | 0.41% | −0.05 |
| MTG Mgic Investment Corp. | Reduce -4.4% | 0.29% | −0.04 |
| MKL Markel Group Inc. | Reduce -4.9% | 0.19% | −0.04 |
| EXEL Exelixis Inc. | Reduce -0.6% | 0.21% | −0.04 |
| CNA Cna Financial Corp. | Reduce -7.8% | 0.19% | −0.04 |
| MCK McKesson Corp. | Reduce -3.2% | 0.37% | −0.04 |
| AFL Aflac Inc. | Reduce -8.3% | 0.23% | −0.04 |
| CNX CNX Resources Corp. | Reduce -2.1% | 0.18% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.24% | −0.04 |
| JBL Jabil Inc. | Reduce -3.0% | 0.21% | −0.03 |
| COKE Coca-Cola Consolidated Inc. | Reduce -5.2% | 0.26% | −0.03 |
| PRI Primerica Inc. | Reduce -2.1% | 0.25% | −0.03 |
| HIG Hartford Insurance Group Inc. | Reduce -2.8% | 0.32% | −0.03 |
| PJT PJT Partners Inc. Class A | Reduce -7.3% | 0.25% | −0.03 |
| WRB WR Berkley Corp. | Reduce -1.9% | 0.31% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -2.0% | 0.30% | −0.03 |
| COR Cencora Inc. | Reduce -1.0% | 0.31% | −0.03 |
| HURN Huron Consulting Group Inc. | Reduce -5.5% | 0.23% | −0.03 |
| MET Metlife Inc. | Reduce -0.7% | 0.24% | −0.03 |
| CASY Casey's General Stores Inc. | Reduce -9.1% | 0.19% | −0.02 |
| BRC Brady Corporation Class A | Reduce -8.7% | 0.22% | −0.02 |
| AIZ Assurant Inc. | Reduce -4.4% | 0.21% | −0.02 |
| ORI Old Republic Intl Corp. | Reduce -3.7% | 0.27% | −0.02 |
| ALL Allstate Corp. | Reduce -1.6% | 0.20% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| SGOV iShares 0-3 Month Treasury B | Add +1457.9% | 4.97% | +4.61 |
| VTI VG Morningstar TS MKT ETF-US | Add +145.8% | 3.21% | +1.85 |
| NVDA Nvidia Corp. | Add +9.5% | 2.70% | +0.35 |
| ORCL Oracle Corp. | New | 0.34% | +0.34 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.24% | +0.24 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.24% | +0.24 |
| GOOGL Alphabet Inc. Class A | Add +13.2% | 0.83% | +0.23 |
| AVGO Broadcom Inc. | Add +38.9% | 0.71% | +0.23 |
| UTHR United Therapeutics Corp. | New | 0.20% | +0.20 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.20% | +0.20 |
| LAUR Laureate Education Inc. | New | 0.20% | +0.20 |
| PHM Pultegroup Inc. | New | 0.19% | +0.19 |
| VLO Valero Energy Corp. | New | 0.19% | +0.19 |
| DDS Dillards Inc. Class A | New | 0.19% | +0.19 |
| CVX Chevron Corp. | New | 0.19% | +0.19 |
| HCI Hci Group Inc. | New | 0.18% | +0.18 |
| PREMIER INC-CLASS A | New | 0.18% | +0.18 |
| MA Mastercard Inc. Class A | New | 0.18% | +0.18 |
| AZO AutoZone Inc. | New | 0.18% | +0.18 |
| SUPN Supernus Pharmaceuticals Inc. | New | 0.17% | +0.17 |
| SNA Snap-on Inc. | New | 0.17% | +0.17 |
| EXPD Expeditors Intl Wash Inc. | New | 0.17% | +0.17 |
| TSLA Tesla Inc. | Add +2.8% | 0.41% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +18.8% | 0.61% | +0.08 |
| LLY Eli Lilly & Co. | Add +32.0% | 0.25% | +0.03 |
| PRDO Perdoceo Education Corp. | Add +3.4% | 0.21% | +0.01 |
| ADT Adt Inc. | Add +15.8% | 0.16% | +0.01 |
| FOX Fox Corp. Class B | Add +2.1% | 0.25% | +0.00 |
| IEMG iShares Core MSCI Emerging | Add +2.7% | 0.48% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.1% | 0.39% | −0.02 |
| TYA Simplify Intermediate Term | Add +0.9% | 0.19% | −0.02 |
| V Visa Inc. Class A | Add +9.9% | 0.35% | −0.02 |
| META Meta Platforms Inc. Class A | Add +9.6% | 0.88% | −0.03 |
| GILD Gilead Sciences Inc. | Add +0.5% | 0.29% | −0.03 |
| T AT&T Inc. | Add +0.6% | 0.24% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +2.2% | 8.18% | −0.04 |
| WMT Walmart Inc. | Add +0.1% | 0.76% | −0.05 |
| IBM Intl Business Machines Corp. | Add +0.8% | 0.37% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.5% | 1.45% | −0.07 |
| EPAM Epam Systems Inc. | Add +0.0% | 0.50% | −0.16 |
| MSFT Microsoft Corp. | Add +2.8% | 4.10% | −0.21 |
| AMZN Amazon.com Inc. | Add +4.6% | 4.67% | −0.35 |
| VEA Vanguard Ftse Developed ETF | Add +2.8% | 23.18% | −0.95 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 121 | $120.5M | VEA, HUBS, VWO, SGOV, AMZN |
| Q3 2025 | 115 | $120.0M | VEA, HUBS, VWO, SGOV, AMZN |
| Q2 2025 | 103 | $106.7M | VEA, HUBS, VWO, AMZN, MSFT |
| Q1 2025 | 102 | $98.0M | VEA, HUBS, VWO, AMZN, GLDM |
| Q4 2024 | 102 | $104.5M | VEA, HUBS, VWO, AMZN, MSFT |
| Q3 2024 | 103 | $97.5M | VEA, HUBS, VWO, AMZN, MSFT |
| Q2 2024 | 92 | $96.1M | HUBS, VEA, VWO, AMZN, GLDM |
| Q1 2024 | 106 | $104.8M | HUBS, VEA, VWO, GLDM, AMZN |