Partners in Financial Planning

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Partners in Financial Planning reported 101 stock positions worth $497.6 million. Its top holding was Vanguard Total Bond Market (BND) at 12.8% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 10.8%) and Vanguard Mrngstr Val ETF-Aui (VTV, 10.6%). Compared with Q4 2024, it opened 2 new positions, sold out of 8, added to 45 and reduced 22. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +7%) and the biggest sale an exit from iShares MSCI Emr MRK Ex Chna (EMXC).

Most Recent 13F
Q2 2026
Location
SALEM, VA
CIK
0002054264
Portfolio Value
$497.6M (Q1 2025)
SEC Filing
0002054264-25-000011 ↗ filed Apr 30, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $449.3M Q1 2024 Q2 2024: $460.1M Q2 2024 Q3 2024: $495.7M Q3 2024 Q4 2024: $490.2M Q4 2024 Q1 2025: $497.6M $497.6M Q1 2025 Q2 2025: $542.3M Q2 2025 Q3 2025: $578.5M Q3 2025 Q4 2025: $590.6M Q4 2025 Q1 2026: $602.9M Q1 2026 Q2 2026: $659.5M Q2 2026

Holdings 101 stocks · $497.6M
BND Vanguard Total Bond Market 12.77% 865,458 $63.6M Add +1.4%
VUG Vanguard Mrngstar GR ETF-Sui 10.78% 144,647 $53.6M Add +0.7%
VTV Vanguard Mrngstr Val ETF-Aui 10.56% 304,252 $52.6M Add +3.3%
BNDX Vanguard Total Intl Bond ETF 9.54% 972,076 $47.5M Add +3.4%
VEA Vanguard Ftse Developed ETF 8.36% 818,537 $41.6M Add +7.1%
BSV Vanguard Short-Term Bond ETF 6.80% 432,149 $33.8M Add +2.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 3.68% 98,388 $18.3M Add +5.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 3.30% 65,179 $16.4M Add +3.1%
VWO Vanguard Ftse Emerging Marke 2.84% 312,440 $14.1M Add +4.5%
VNQ Vanguard Real Estate ETF 2.75% 151,063 $13.7M Add +2.2%
VSS Vanguard Ftse All Wo X-US SC 2.47% 106,343 $12.3M Add +4.2%
VTEB Vanguard Tax-Exempt Bond ETF 2.16% 217,100 $10.8M Add +3.9%
VTI VG Morningstar TS MKT ETF-US 2.00% 36,135 $9.9M Add +0.4%
SUB iShares Short-Term National 1.79% 84,273 $8.9M Reduce -0.8%
SPDW Ste STR SPDR PT DW Eu ETF 1.57% 213,941 $7.8M Reduce -0.6%
VCIT Vanguard Int-Term Corporate 1.32% 80,307 $6.6M Add +18.0%
VOO Vanguard S&P 500 ETF 1.10% 10,630 $5.5M Add +0.1%
MUB iShares National Muni Bond E 0.96% 45,202 $4.8M Add +27.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.74% 14,308 $3.7M Add +0.3%
SCZ iShares MSCI Eafe Small-Cap 0.62% 48,274 $3.1M Add +0.0%
IAGG iShares Intl Aggregate Bond 0.60% 59,358 $3.0M Add +10.8%
VXF Vanguard Extended Market ETF 0.56% 16,146 $2.8M Reduce -4.1%
VFMF Vanguard US Multifactor ETF 0.52% 20,619 $2.6M Reduce -1.4%
SPYG SS SPDR P S&P 500 Growth ETF 0.51% 31,755 $2.6M Reduce -2.5%
SPEM State Street SP PTF Em ETF 0.51% 64,126 $2.5M No change
SPYV SS SPDR P S&P 500 Value ETF 0.48% 47,243 $2.4M Add +0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.46% 8,863 $2.3M Add +0.1%
SPAB SS SPDR P Agg Bond ETF 0.42% 81,883 $2.1M Reduce -12.2%
SLYV SS SPDR S&P 600 SC Val ETF 0.41% 26,073 $2.0M Add +2.1%
NSC Norfolk Southern Corp. 0.40% 8,402 $2.0M No change
VEU Vanguard Ftse All-World Ex-U 0.35% 28,778 $1.7M Reduce -1.9%
VB Vanguard Most SM-Cap ETF-Usd 0.31% 6,977 $1.5M Add +0.2%
XOM Exxon Mobil Corp. 0.30% 12,623 $1.5M Add +0.6%
SPTS SS SPDR P St Term TSY ETF 0.29% 49,929 $1.5M Reduce -2.0%
AAPL Apple Inc. 0.29% 6,527 $1.4M No change
IWF iShares Russell 1000 Growth 0.28% 3,840 $1.4M No change
BIV Vanguard Intermediate-Term B 0.27% 17,814 $1.4M Reduce -5.1%
VNQI Vanguard GLBL Ex-US Real Est 0.25% 30,432 $1.2M Reduce -2.9%
FERG Ferguson Enterprises Inc. 0.24% 7,486 $1.2M Add +14.0%
VXUS Vanguard Total Intl Stock 0.23% 18,834 $1.2M Add +1.1%
AMZN Amazon.com Inc. 0.23% 6,132 $1.2M No change
LRGF iShares US Equity Factor ETF 0.23% 20,014 $1.2M Reduce -2.3%
DFAT Dimensional US Target Value 0.20% 18,993 $978K Add +0.2%
MSFT Microsoft Corp. 0.19% 2,569 $964K Add +15.8%
TPL Texas Pacific Land Corp. 0.19% 714 $946K No change
STLD Steel Dynamics Inc. 0.19% 7,504 $939K No change
EFA iShares MSCI Eafe ETF 0.18% 11,026 $901K Reduce -1.3%
SLYG SS SPDR S&P 600 SC GR ETF 0.18% 10,805 $897K Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 1,669 $889K No change
EW Edwards Lifesciences Corp. 0.17% 11,584 $840K No change
IVV iShares Core S&P 500 ETF 0.16% 1,416 $796K No change
IWD iShares Russell 1000 Value E 0.16% 4,150 $781K Add +0.0%
GE General Electric filed as GE AEROSPACE 0.15% 3,778 $756K Add +11.7%
HES Hess Corp. 0.14% 4,496 $718K No change
DFAX Dimensional World Ex US Core 0.14% 26,920 $705K Add +0.2%
PG The Procter & Gamble Co. 0.14% 4,017 $684K Add +15.2%
DFAC Dimensional US Core Equity 2 0.14% 20,685 $682K Add +0.2%
IEFA iShares Core MSCI Eafe ETF 0.13% 8,777 $664K No change
TFC Truist Financial Corp. 0.12% 14,808 $609K Add +8.3%
AGG iShares Core U.S. Aggregate 0.11% 5,656 $559K Reduce -0.2%
UDR Udr Inc. 0.11% 12,368 $559K No change
LOW Lowe's Cos Inc. 0.11% 2,348 $548K No change
WMT Walmart Inc. 0.11% 6,231 $547K Add +2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 917 $513K Reduce -0.5%
NKE Nike Inc. Class B 0.10% 7,976 $506K Reduce -10.1%
MCD McDonald's Corp. 0.10% 1,612 $504K No change
JNJ Johnson & Johnson 0.09% 2,815 $467K No change
CSX CSX Corp. 0.09% 15,816 $465K No change
ABT Abbott Laboratories 0.08% 3,145 $417K Add +37.5%
GOOG Alphabet Inc. Class C 0.08% 2,580 $403K Add +0.0%
CVS CVS Health Corp. 0.08% 5,906 $400K Add +0.0%
IWP iShares Russell Mid-Cap Grow 0.08% 3,403 $400K No change
PM Philip Morris International 0.08% 2,515 $399K No change
NKSH National Bankshares Inc. 0.08% 14,580 $388K No change
DHR Danaher Corp. 0.08% 1,875 $384K Reduce -0.6%
GOOGL Alphabet Inc. Class A 0.08% 2,433 $376K Add +0.0%
DFIV Dimensional International Va 0.07% 9,462 $372K Add +0.2%
IWS iShares Russell Mid-Cap Valu 0.07% 2,909 $367K No change
META Meta Platforms Inc. Class A 0.07% 617 $356K No change
CVX Chevron Corp. 0.07% 2,125 $355K Add +0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.07% 1,378 $337K Add +0.1%
IVW iShares S&P 500 Growth ETF 0.07% 3,590 $333K Reduce -6.5%
IJH iShares Core S&P Midcap ETF 0.06% 5,428 $317K Add +0.1%
CAH Cardinal Health Inc. 0.06% 2,163 $298K No change
SCHZ Schwab US Aggregate Bond ETF 0.06% 12,854 $298K Reduce -3.2%
IJR iShares Core S&P Small-Cap E 0.06% 2,844 $297K Reduce -0.3%
GEV GE Vernova Inc. 0.06% 936 $286K Add +11.7%
UNP Union Pacific Corp. 0.06% 1,200 $283K No change
ABBV Abbvie Inc. 0.06% 1,316 $276K No change
COF Capital One Financial Corp. 0.05% 1,511 $271K No change
IVE iShares S&P 500 Value ETF 0.05% 1,365 $260K Reduce -2.2%
AVGO Broadcom Inc. 0.05% 1,457 $244K No change
WMB Williams Cos Inc. 0.05% 4,045 $242K No change
CARE Carter Bankshares Inc. 0.05% 14,547 $235K No change
EEM iShares MSCI Emerging Market 0.05% 5,345 $234K No change
UNH Unitedhealth Group Inc. 0.04% 421 $220K No change
SO The Southern Co. 0.04% 2,386 $219K New
PFE Pfizer Inc. 0.04% 8,604 $218K Reduce -2.6%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.04% 1,349 $217K Add +0.5%
ICF iShares Select U.S. REIT ETF 0.04% 3,446 $212K No change

Show all 101 holdings

Portfolio Sells Q4 2024 → Q1 2025
EMXC iShares MSCI Emr MRK Ex Chna Sold out 0.00% −0.11
VXF Vanguard Extended Market ETF Reduce -4.1% 0.56% −0.09
SPYG SS SPDR P S&P 500 Growth ETF Reduce -2.5% 0.51% −0.07
TSLA Tesla Inc. Sold out 0.00% −0.06
IWV iShares Russell 3000 ETF Sold out 0.00% −0.06
SPAB SS SPDR P Agg Bond ETF Reduce -12.2% 0.42% −0.06
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.05
AUB Atlantic Union Bankshares Co. Sold out 0.00% −0.05
PEP Pepsico Inc. Sold out 0.00% −0.04
IWN iShares Russell 2000 Value E Sold out 0.00% −0.04
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.04
SUB iShares Short-Term National Reduce -0.8% 1.79% −0.04
NKE Nike Inc. Class B Reduce -10.1% 0.10% −0.04
VFMF Vanguard US Multifactor ETF Reduce -1.4% 0.52% −0.03
SLYG SS SPDR S&P 600 SC GR ETF Reduce -0.8% 0.18% −0.02
LRGF iShares US Equity Factor ETF Reduce -2.3% 0.23% −0.02
IVW iShares S&P 500 Growth ETF Reduce -6.5% 0.07% −0.01
BIV Vanguard Intermediate-Term B Reduce -5.1% 0.27% −0.01
DHR Danaher Corp. Reduce -0.6% 0.08% −0.01
SPTS SS SPDR P St Term TSY ETF Reduce -2.0% 0.29% −0.01
IJR iShares Core S&P Small-Cap E Reduce -0.3% 0.06% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 0.10% −0.01
VNQI Vanguard GLBL Ex-US Real Est Reduce -2.9% 0.25% −0.01
PFE Pfizer Inc. Reduce -2.6% 0.04% −0.00
IVE iShares S&P 500 Value ETF Reduce -2.2% 0.05% −0.00
SCHZ Schwab US Aggregate Bond ETF Reduce -3.2% 0.06% −0.00
AGG iShares Core U.S. Aggregate Reduce -0.2% 0.11% +0.00
VEU Vanguard Ftse All-World Ex-U Reduce -1.9% 0.35% +0.01
EFA iShares MSCI Eafe ETF Reduce -1.3% 0.18% +0.01
SPDW Ste STR SPDR PT DW Eu ETF Reduce -0.6% 1.57% +0.07

Portfolio Buys Q4 2024 → Q1 2025
VEA Vanguard Ftse Developed ETF Add +7.1% 8.36% +0.91
VTV Vanguard Mrngstr Val ETF-Aui Add +3.3% 10.56% +0.39
BND Vanguard Total Bond Market Add +1.4% 12.77% +0.25
VCIT Vanguard Int-Term Corporate Add +18.0% 1.32% +0.21
MUB iShares National Muni Bond E Add +27.3% 0.96% +0.19
BSV Vanguard Short-Term Bond ETF Add +2.8% 6.80% +0.17
VWO Vanguard Ftse Emerging Marke Add +4.5% 2.84% +0.16
BNDX Vanguard Total Intl Bond ETF Add +3.4% 9.54% +0.13
VSS Vanguard Ftse All Wo X-US SC Add +4.2% 2.47% +0.09
VNQ Vanguard Real Estate ETF Add +2.2% 2.75% +0.06
IAGG iShares Intl Aggregate Bond Add +10.8% 0.60% +0.05
SO The Southern Co. New 0.04% +0.04
RTX RTX Corp. New 0.04% +0.04
GE General Electric Add +11.7% 0.15% +0.04
ABT Abbott Laboratories Add +37.5% 0.08% +0.03
VTEB Vanguard Tax-Exempt Bond ETF Add +3.9% 2.16% +0.03
CVS CVS Health Corp. Add +0.0% 0.08% +0.03
XOM Exxon Mobil Corp. Add +0.6% 0.30% +0.03
SCZ iShares MSCI Eafe Small-Cap Add +0.0% 0.62% +0.02
PG The Procter & Gamble Co. Add +15.2% 0.14% +0.02
VXUS Vanguard Total Intl Stock Add +1.1% 0.23% +0.01
CVX Chevron Corp. Add +0.1% 0.07% +0.01
FERG Ferguson Enterprises Inc. Add +14.0% 0.24% +0.01
DFIV Dimensional International Va Add +0.2% 0.07% +0.01
DFAX Dimensional World Ex US Core Add +0.2% 0.14% +0.01
MSFT Microsoft Corp. Add +15.8% 0.19% +0.00
TFC Truist Financial Corp. Add +8.3% 0.12% +0.00
GEV GE Vernova Inc. Add +11.7% 0.06% +0.00
IWD iShares Russell 1000 Value E Add +0.0% 0.16% +0.00
VOE Vngrd Mrngstr MD-Cap Val ETF Add +0.5% 0.04% −0.00
WMT Walmart Inc. Add +2.0% 0.11% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +0.1% 0.07% −0.00
IJH iShares Core S&P Midcap ETF Add +0.1% 0.06% −0.01
SPYV SS SPDR P S&P 500 Value ETF Add +0.3% 0.48% −0.01
DFAC Dimensional US Core Equity 2 Add +0.2% 0.14% −0.01
GOOGL Alphabet Inc. Class A Add +0.0% 0.08% −0.02
DFAT Dimensional US Target Value Add +0.2% 0.20% −0.02
GOOG Alphabet Inc. Class C Add +0.0% 0.08% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.3% 0.74% −0.02
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.1% 0.46% −0.03
VB Vanguard Most SM-Cap ETF-Usd Add +0.2% 0.31% −0.03
SLYV SS SPDR S&P 600 SC Val ETF Add +2.1% 0.41% −0.04
VOO Vanguard S&P 500 ETF Add +0.1% 1.10% −0.07
VBR Vngrd Mrngst SL-CP Val ETF-U Add +5.0% 3.68% −0.10
VTI VG Morningstar TS MKT ETF-US Add +0.4% 2.00% −0.13
VBK Van Morst SML-Cap Gro-Usd Inc. Add +3.1% 3.30% −0.31
VUG Vanguard Mrngstar GR ETF-Sui Add +0.7% 10.78% −1.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$659.5MBND, VUG, VTV, BNDX, VEA
Q1 2026 122$602.9MBND, VTV, VUG, BNDX, VEA
Q4 2025 115$590.6MBND, VUG, VTV, BNDX, VEA
Q3 2025 115$578.5MBND, VUG, VTV, BNDX, VEA
Q2 2025 107$542.3MBND, VUG, VTV, BNDX, VEA
Q1 2025 101$497.6MBND, VUG, VTV, BNDX, VEA
Q4 2024 107$490.2MBND, VUG, VTV, BNDX, VEA
Q3 2024 107$495.7MBND, VUG, VTV, BNDX, VEA
Q2 2024 104$460.1MVUG, BND, VTV, BNDX, VEA
Q1 2024 103$449.3MVUG, BND, VTV, BNDX, VEA