Northeast Financial Group, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Northeast Financial Group, Inc. reported 82 stock positions worth $315.6 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 13.9% of the portfolio, followed by Schwab US Mid Cap ETF (SCHM, 7.5%) and Schwab Intl Equity ETF (SCHF, 6.2%). Compared with Q1 2025, it opened 10 new positions, sold out of 11, added to 41 and reduced 30. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +2963%) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q1 2026
- Location
- Allentown, PA
- CIK
- 0001965773
- Portfolio Value
- $315.6M (Q2 2025)
- SEC Filing
- 0001172661-25-002649 ↗ filed Jul 18, 2025
Holdings Value
Holdings 82 stocks · $315.6M
| SCHX Schwab US Large-Cap ETF | 13.89% | 1,793,917 | $43.8M | Add +3.5% |
| SCHM Schwab US Mid Cap ETF | 7.50% | 843,993 | $23.7M | Add +2.8% |
| SCHF Schwab Intl Equity ETF | 6.17% | 881,804 | $19.5M | Add +1.5% |
| SCHG Schwab US Large-Cap Growth | 4.79% | 517,010 | $15.1M | Add +11.8% |
| SCHD Schwab US DVD Equity ETF | 4.36% | 518,741 | $13.7M | Add +17.6% |
| SCHO Schwab Short-Term US Treas | 3.98% | 515,223 | $12.6M | Add +5.6% |
| JEPI JPMorgan Equity Premium Inco | 3.88% | 215,412 | $12.2M | Add +7.9% |
| MUB iShares National Muni Bond E | 3.86% | 116,535 | $12.2M | Add +1.1% |
| USHY iShares Broad Usd High Yield | 3.85% | 324,016 | $12.2M | Add +47.4% |
| VWO Vanguard Ftse Emerging Marke | 3.71% | 236,825 | $11.7M | Add +20.7% |
| VCLT Vanguard Long-Term Corp. Bond | 3.34% | 139,065 | $10.6M | Add +11.0% |
| SPAB SS SPDR P Agg Bond ETF | 2.64% | 325,786 | $8.3M | Add +1.3% |
| SUB iShares Short-Term National | 2.54% | 75,419 | $8.0M | Add +18.9% |
| SCHV Schwab US Large-Cap Value | 2.42% | 275,495 | $7.6M | Add +33.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.41% | 12,302 | $7.6M | Add +39.3% |
| TLT iShares 20+ Year Treasury BD | 2.35% | 84,190 | $7.4M | Add +8.4% |
| AGG iShares Core U.S. Aggregate | 2.07% | 65,959 | $6.5M | Add +18.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.94% | 120,869 | $6.1M | Add +2963.1% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 1.81% | 114,551 | $5.7M | Add +10.3% |
| SCHZ Schwab US Aggregate Bond ETF | 1.69% | 229,870 | $5.3M | Add +0.7% |
| PDBC Invesco Optimum Yield Divers | 1.32% | 319,660 | $4.2M | Add +12.0% |
| VNQ Vanguard Real Estate ETF | 1.30% | 46,243 | $4.1M | New |
| TFI SS SPDR N Ice Muni Bond ETF | 1.09% | 77,144 | $3.4M | Add +12.6% |
| AMZN Amazon.com Inc. | 1.06% | 15,318 | $3.4M | Add +11.3% |
| GLD SPDR Gold Shares | 0.92% | 9,497 | $2.9M | Reduce -33.5% |
| GOOGL Alphabet Inc. Class A | 0.84% | 15,051 | $2.7M | Reduce -16.7% |
| TSLA Tesla Inc. | 0.83% | 8,228 | $2.6M | Add +344.0% |
| MSFT Microsoft Corp. | 0.80% | 5,095 | $2.5M | Reduce -14.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.80% | 8,259 | $2.5M | Reduce -0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.75% | 29,947 | $2.4M | Reduce -0.2% |
| NVDA Nvidia Corp. | 0.75% | 14,972 | $2.4M | Add +42.6% |
| SCHA Schwab US Small-Cap ETF | 0.74% | 92,257 | $2.3M | Reduce -26.4% |
| AAPL Apple Inc. | 0.73% | 11,194 | $2.3M | Add +17.9% |
| IWM iShares Russell 2000 ETF | 0.72% | 10,493 | $2.3M | Add +72.5% |
| PZA Invesco National Amt-Free Mu | 0.55% | 77,662 | $1.7M | Add +25.3% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.45% | 3,500 | $1.4M | New |
| SCMB Schwab Municipal Bond ETF | 0.41% | 51,676 | $1.3M | Add +34.1% |
| CI The Cigna Group | 0.37% | 3,532 | $1.2M | New |
| VOO Vanguard S&P 500 ETF | 0.34% | 1,892 | $1.1M | Reduce -15.1% |
| V Visa Inc. Class A | 0.33% | 2,961 | $1.1M | Add +4.3% |
| DFAC Dimensional US Core Equity 2 | 0.33% | 29,075 | $1.0M | Reduce -0.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.30% | 17,766 | $937K | Reduce -9.8% |
| SPEM State Street SP PTF Em ETF | 0.30% | 21,794 | $931K | Add +0.9% |
| WM Waste Management Inc. | 0.26% | 3,540 | $810K | Reduce -1.9% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.25% | 8,161 | $802K | Add +19.9% |
| NPKI NPK International Inc. | 0.25% | 93,810 | $798K | Reduce -47.2% |
| DGRO iShares Core Dividend Growth | 0.25% | 12,255 | $784K | Reduce -7.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 7,541 | $630K | Add +63.4% |
| XLK SS Technology Select Sector | 0.19% | 2,313 | $586K | Add +1.6% |
| CMF iShares California Muni Bond | 0.17% | 9,378 | $523K | Add +29.4% |
| PPL PPL Corp. | 0.16% | 14,806 | $502K | New |
| BND Vanguard Total Bond Market | 0.16% | 6,805 | $501K | Add +1.2% |
| LLY Eli Lilly & Co. | 0.15% | 623 | $486K | Reduce -2.2% |
| NFLX Netflix Inc. | 0.13% | 314 | $420K | Add +6.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.13% | 1,456 | $408K | Reduce -6.9% |
| AMP Ameriprise Financial Inc. | 0.13% | 751 | $401K | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 751 | $365K | Add +5.2% |
| ORCL Oracle Corp. | 0.11% | 1,589 | $347K | New |
| SPHY SS SPDR P High Yield ETF | 0.11% | 14,364 | $342K | New |
| VOOG Vanguard S&P 500 Growth ETF | 0.11% | 839 | $333K | Reduce -7.8% |
| HD Home Depot Inc. | 0.10% | 903 | $331K | Reduce -5.9% |
| PNC PNC Financial Services Group | 0.10% | 1,772 | $330K | Reduce -6.5% |
| JNJ Johnson & Johnson | 0.10% | 2,093 | $320K | Reduce -17.8% |
| COST Costco Wholesale Corp. | 0.10% | 321 | $318K | Reduce -3.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.10% | 3,820 | $317K | Reduce -3.4% |
| WMT Walmart Inc. | 0.10% | 3,164 | $309K | Add +5.8% |
| ESSA Essa Bancorp Inc. | 0.10% | 15,646 | $304K | No change |
| VGSH Vanguard Short-Term Treasury | 0.10% | 5,125 | $301K | Reduce -26.8% |
| NYF iShares New York Muni Bond E | 0.09% | 5,414 | $282K | Reduce -9.4% |
| SGOL Abrdn Physical Gold Shares | 0.09% | 8,804 | $278K | Reduce -42.5% |
| PG The Procter & Gamble Co. | 0.08% | 1,660 | $265K | Add +13.1% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.08% | 9,931 | $264K | Reduce -14.2% |
| DLR Digital Realty Trust Inc. | 0.08% | 1,514 | $264K | Reduce -2.1% |
| KO The Coca-Cola Co. | 0.08% | 3,728 | $264K | Add +31.2% |
| AVGO Broadcom Inc. | 0.08% | 951 | $262K | New |
| META Meta Platforms Inc. Class A | 0.08% | 350 | $258K | New |
| HSY The Hershey Co. | 0.08% | 1,518 | $252K | Reduce -26.1% |
| DFAX Dimensional World Ex US Core | 0.07% | 7,797 | $229K | Reduce -7.6% |
| MCD McDonald's Corp. | 0.07% | 781 | $228K | Reduce -6.0% |
| VXUS Vanguard Total Intl Stock | 0.07% | 3,285 | $227K | Reduce -6.6% |
| MPC Marathon Petroleum Corp. | 0.07% | 1,308 | $217K | New |
| BBDC Barings BDC Inc. | 0.04% | 14,686 | $134K | New |
Options reported separately and not counted above: SPY puts ($17.1M), IWM puts ($6.0M), TSLA puts ($1.2M), NVDA puts ($790K), MSTR puts ($728K), XLK puts ($532K), AAPL puts ($492K), WMT puts ($254K), HD puts ($183K), HSY puts ($66K), AMZN puts ($66K).
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.76 |
| GLD SPDR Gold Shares | Reduce -33.5% | 0.92% | −0.62 |
| SCHA Schwab US Small-Cap ETF | Reduce -26.4% | 0.74% | −0.36 |
| TGT Target Corp. | Sold out | 0.00% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -16.7% | 0.84% | −0.20 |
| PM Philip Morris International | Sold out | 0.00% | −0.19 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.14 |
| NPKI NPK International Inc. | Reduce -47.2% | 0.25% | −0.13 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.2% | 0.75% | −0.13 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.12 |
| ITM Vaneck Intermediate Muni ETF | Sold out | 0.00% | −0.09 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.09 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.09 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -9.8% | 0.30% | −0.09 |
| VOO Vanguard S&P 500 ETF | Reduce -15.1% | 0.34% | −0.09 |
| SGOL Abrdn Physical Gold Shares | Reduce -42.5% | 0.09% | −0.08 |
| PJAN Innovator U.S. Equity Power | Sold out | 0.00% | −0.08 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.08 |
| FDBC Fidelity D&D Bancorp Inc. | Sold out | 0.00% | −0.07 |
| VGSH Vanguard Short-Term Treasury | Reduce -26.8% | 0.10% | −0.06 |
| DGRO iShares Core Dividend Growth | Reduce -7.7% | 0.25% | −0.06 |
| JNJ Johnson & Johnson | Reduce -17.8% | 0.10% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.6% | 0.80% | −0.06 |
| WM Waste Management Inc. | Reduce -1.9% | 0.26% | −0.06 |
| HSY The Hershey Co. | Reduce -26.1% | 0.08% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -2.2% | 0.15% | −0.04 |
| MSFT Microsoft Corp. | Reduce -14.8% | 0.80% | −0.03 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -14.2% | 0.08% | −0.03 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.8% | 0.33% | −0.03 |
| NYF iShares New York Muni Bond E | Reduce -9.4% | 0.09% | −0.03 |
| HD Home Depot Inc. | Reduce -5.9% | 0.10% | −0.03 |
| MCD McDonald's Corp. | Reduce -6.0% | 0.07% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.9% | 0.13% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.4% | 0.10% | −0.02 |
| PNC PNC Financial Services Group | Reduce -6.5% | 0.10% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -3.3% | 0.10% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -1.3% | 0.13% | −0.01 |
| DFAX Dimensional World Ex US Core | Reduce -7.6% | 0.07% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -6.6% | 0.07% | −0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -7.8% | 0.11% | −0.01 |
| DLR Digital Realty Trust Inc. | Reduce -2.1% | 0.08% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| JAAA Janus Henderson Aaa Clo ETF | Add +2963.1% | 1.94% | +1.87 |
| VNQ Vanguard Real Estate ETF | New | 1.30% | +1.30 |
| USHY iShares Broad Usd High Yield | Add +47.4% | 3.85% | +0.83 |
| TSLA Tesla Inc. | Add +344.0% | 0.83% | +0.65 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +39.3% | 2.41% | +0.57 |
| SCHG Schwab US Large-Cap Growth | Add +11.8% | 4.79% | +0.46 |
| MSTR Strategy Inc. | New | 0.45% | +0.45 |
| VWO Vanguard Ftse Emerging Marke | Add +20.7% | 3.71% | +0.40 |
| CI The Cigna Group | New | 0.37% | +0.37 |
| SCHV Schwab US Large-Cap Value | Add +33.0% | 2.42% | +0.36 |
| NVDA Nvidia Corp. | Add +42.6% | 0.75% | +0.33 |
| IWM iShares Russell 2000 ETF | Add +72.5% | 0.72% | +0.26 |
| PPL PPL Corp. | New | 0.16% | +0.16 |
| ORCL Oracle Corp. | New | 0.11% | +0.11 |
| SPHY SS SPDR P High Yield ETF | New | 0.11% | +0.11 |
| AMZN Amazon.com Inc. | Add +11.3% | 1.06% | +0.09 |
| AVGO Broadcom Inc. | New | 0.08% | +0.08 |
| META Meta Platforms Inc. Class A | New | 0.08% | +0.08 |
| IEFA iShares Core MSCI Eafe ETF | Add +63.4% | 0.20% | +0.07 |
| MPC Marathon Petroleum Corp. | New | 0.07% | +0.07 |
| SCMB Schwab Municipal Bond ETF | Add +34.1% | 0.41% | +0.05 |
| SUB iShares Short-Term National | Add +18.9% | 2.54% | +0.04 |
| BBDC Barings BDC Inc. | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | Add +6.1% | 0.13% | +0.03 |
| PZA Invesco National Amt-Free Mu | Add +25.3% | 0.55% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +18.4% | 2.07% | +0.02 |
| CMF iShares California Muni Bond | Add +29.4% | 0.17% | +0.01 |
| XLK SS Technology Select Sector | Add +1.6% | 0.19% | +0.01 |
| KO The Coca-Cola Co. | Add +31.2% | 0.08% | +0.01 |
| GPIX GLDM SA S&P 500 PR in ETF-US | Add +10.3% | 1.81% | +0.00 |
| WMT Walmart Inc. | Add +5.8% | 0.10% | +0.00 |
| PG The Procter & Gamble Co. | Add +13.1% | 0.08% | −0.01 |
| SPEM State Street SP PTF Em ETF | Add +0.9% | 0.30% | −0.02 |
| BND Vanguard Total Bond Market | Add +1.2% | 0.16% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.2% | 0.12% | −0.03 |
| V Visa Inc. Class A | Add +4.3% | 0.33% | −0.04 |
| SJM The JM Smucker Co. | Add +19.9% | 0.25% | −0.05 |
| AAPL Apple Inc. | Add +17.9% | 0.73% | −0.06 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +12.6% | 1.09% | −0.06 |
| PDBC Invesco Optimum Yield Divers | Add +12.0% | 1.32% | −0.13 |
| VCLT Vanguard Long-Term Corp. Bond | Add +11.0% | 3.34% | −0.20 |
| SCHF Schwab Intl Equity ETF | Add +1.5% | 6.17% | −0.24 |
| SCHD Schwab US DVD Equity ETF | Add +17.6% | 4.36% | −0.24 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.7% | 1.69% | −0.28 |
| TLT iShares 20+ Year Treasury BD | Add +8.4% | 2.35% | −0.28 |
| JEPI JPMorgan Equity Premium Inco | Add +7.9% | 3.88% | −0.38 |
| SCHX Schwab US Large-Cap ETF | Add +3.5% | 13.89% | −0.38 |
| SPAB SS SPDR P Agg Bond ETF | Add +1.3% | 2.64% | −0.42 |
| SCHO Schwab Short-Term US Treas | Add +5.6% | 3.98% | −0.45 |
| SCHM Schwab US Mid Cap ETF | Add +2.8% | 7.50% | −0.52 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +34.6% | 27,600 | $17.1M |
| IWM iShares Russell 2000 ETF | put | Add +35.4% | 27,900 | $6.0M |
| TSLA Tesla Inc. | put | New | 3,800 | $1.2M |
| NVDA Nvidia Corp. | put | Add +16.3% | 5,000 | $790K |
| MSTR Strategy Inc. | put | New | 1,800 | $728K |
| AAPL Apple Inc. | put | Add +71.4% | 2,400 | $492K |
| AMZN Amazon.com Inc. | put | New | 300 | $66K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 76 | $375.8M | SCHX, SCHM, SCHG, SCHF, SCHV |
| Q4 2025 | 84 | $398.6M | SCHX, SCHM, SCHG, SCHF, SCHV |
| Q3 2025 | 84 | $401.6M | SCHX, SPY, SCHM, SCHG, SCHF |
| Q2 2025 | 82 | $315.6M | SCHX, SCHM, SCHF, SCHG, SCHD |
| Q1 2025 | 83 | $268.1M | SCHX, SCHM, SCHF, SCHD, MUB |
| Q4 2024 | 81 | $261.8M | SCHX, SCHM, SCHF, SCHD, SCHG |
| Q3 2024 | 79 | $259.7M | SCHX, SCHM, SCHF, SCHD, SCHG |
| Q2 2024 | 75 | $233.4M | SCHX, SCHM, SCHO, SCHF, SCHD |
| Q1 2024 | 74 | $226.0M | SCHX, SCHM, SCHO, SCHD, SCHF |