Richardson Financial Services Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), Richardson Financial Services Inc. reported 600 stock positions worth $157.4 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 4.8% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 4.8%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 4.1%). Compared with Q2 2024, it opened 12 new positions, added to 291 and reduced 3. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +102%) and the biggest sale Cintas (CTAS, shares −75%).

Most Recent 13F
Q2 2026
Location
MEDWAY, MA
CIK
0002012303
Portfolio Value
$157.4M (Q3 2024)
SEC Filing
0002012303-24-000006 ↗ filed Oct 24, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $141.9M Q1 2024 Q2 2024: $138.9M Q2 2024 Q3 2024: $157.4M $157.4M Q3 2024 Q4 2024: $142.3M Q4 2024 Q1 2025: $131.4M Q1 2025 Q2 2025: $148.9M Q2 2025 Q3 2025: $161.3M Q3 2025 Q4 2025: $309.4M Q4 2025 Q1 2026: $159.8M Q1 2026 Q2 2026: $176.3M Q2 2026

Holdings 600 stocks · $157.4M
VUG Vanguard Mrngstar GR ETF-Sui 4.83% 20,173 $7.6M Add +32.7%
VTV Vanguard Mrngstr Val ETF-Aui 4.80% 46,300 $7.6M Add +23.6%
SPYM Ste STR SPDR PT S&P 500 ETF 4.12% 101,288 $6.5M No change
AAPL Apple Inc. 3.51% 26,219 $5.5M Add +0.1%
VOO Vanguard S&P 500 ETF 3.05% 9,401 $4.8M Add +69.4%
VEA Vanguard Ftse Developed ETF 2.93% 90,138 $4.6M Add +101.8%
SPDW Ste STR SPDR PT DW Eu ETF 2.81% 125,996 $4.4M Add +1.3%
SPEM State Street SP PTF Em ETF 1.95% 81,253 $3.1M Add +2.6%
NVDA Nvidia Corp. 1.70% 21,606 $2.7M Add +1.4%
MSFT Microsoft Corp. 1.62% 5,706 $2.5M Add +0.6%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.49% 30,450 $2.3M No change
VTEB Vanguard Tax-Exempt Bond ETF 1.45% 44,954 $2.3M Add +100.0%
IEMG iShares Core MSCI Emerging 1.43% 41,894 $2.2M Add +2.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.36% 3,874 $2.1M Add +30.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.17% 7,358 $1.8M Add +0.9%
IEUR iShares Core MSCI Europe ETF 1.08% 29,723 $1.7M Add +1.3%
VWO Vanguard Ftse Emerging Marke 1.06% 36,362 $1.7M Add +102.6%
AMZN Amazon.com Inc. 1.05% 8,520 $1.6M Add +0.4%
GOOGL Alphabet Inc. Class A 0.99% 8,582 $1.6M No change
SHYG iShares 0-5 YR HY Corp. Bond 0.95% 35,612 $1.5M No change
IPAC iShares Core MSCI Pacific Et 0.94% 24,086 $1.5M Add +3.5%
SPSM SS SPDR P S&P 600 Small Cap 0.88% 33,153 $1.4M Add +2.9%
VB Vanguard Most SM-Cap ETF-Usd 0.86% 6,028 $1.3M Add +38.5%
VTI VG Morningstar TS MKT ETF-US 0.84% 4,784 $1.3M Add +99.1%
TFLO iShares Treasury Floating Ra 0.83% 25,760 $1.3M Add +2.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.77% 6,676 $1.2M Add +0.9%
UNH Unitedhealth Group Inc. 0.77% 2,386 $1.2M Add +0.3%
V Visa Inc. Class A 0.74% 4,444 $1.2M Add +0.1%
CTAS Cintas Corp. 0.72% 1,628 $1.1M Reduce -75.0%
JNK SS SPDR BB High Yield Bond 0.72% 11,986 $1.1M Add +1.6%
BND Vanguard Total Bond Market 0.71% 15,313 $1.1M Add +81.6%
COST Costco Wholesale Corp. 0.70% 1,298 $1.1M Add +0.1%
JPM JPMorgan Chase & Co. 0.69% 5,323 $1.1M Add +4.1%
MA Mastercard Inc. Class A 0.68% 2,441 $1.1M Add +0.5%
BNDX Vanguard Total Intl Bond ETF 0.68% 21,759 $1.1M Add +66.0%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.66% 23,066 $1.0M No change
HD Home Depot Inc. 0.64% 2,945 $1.0M No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.64% 19,674 $1.0M Add +2.2%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.63% 36,575 $997K Add +2.7%
ADBE Adobe Inc. 0.63% 1,791 $995K No change
XLK SS Technology Select Sector 0.62% 4,281 $968K No change
XLE SS Energy Select Sector 0.60% 10,423 $950K No change
XLI SS Industrial Select Sector 0.60% 7,738 $943K No change
SNPS Synopsys Inc. 0.58% 1,532 $912K No change
TMUS T-Mobile US Inc. 0.56% 4,989 $879K No change
SRLN SS Blackstone Sr Loan ETF 0.56% 20,920 $874K Add +1.4%
TMO Thermo Fisher Scientific Inc. 0.56% 1,579 $874K Add +1.1%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.55% 9,307 $863K No change
ASML ASML Holding NV-NY Reg SHS 0.51% 791 $808K Add +0.8%
VXUS Vanguard Total Intl Stock 0.51% 12,859 $804K Add +99.6%
MCD McDonald's Corp. 0.51% 3,143 $801K No change
ULST SS Ultra Short TM Bond ETF 0.50% 19,244 $782K Add +100.0%
EMB iShares JP Morgan Usd Emergi 0.48% 8,626 $763K No change
VWIAX Vanguard Wellesley Inc.-Adm 0.48% 12,194 $759K Add +100.0%
PWR Quanta Services Inc. 0.48% 2,979 $757K No change
GWX State Street SPDR S&P Intern 0.47% 23,148 $736K Add +1.8%
PEP Pepsico Inc. 0.46% 4,426 $730K No change
SPAB SS SPDR P Agg Bond ETF 0.44% 27,689 $696K Add +6.2%
TT Trane Technologies PLC 0.43% 2,038 $670K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.41% 6,481 $643K No change
NEE Nextera Energy Inc. 0.41% 9,078 $643K No change
VNQ Vanguard Real Estate ETF 0.41% 7,596 $638K Add +2.0%
EOG EOG Resources Inc. 0.40% 4,959 $624K Add +0.3%
NXPI NXP Semiconductors NV 0.39% 2,301 $619K No change
TOTL SS Doubleline TR Tact ETF 0.39% 15,533 $617K No change
USMV iShares MSCI USA Min Vol Fac 0.39% 7,185 $607K Add +7.1%
BUD Anheuser-Busch Inbev-SPN ADR 0.38% 10,374 $603K Add +0.1%
WMT Walmart Inc. 0.38% 8,808 $596K No change
IJH iShares Core S&P Midcap ETF 0.37% 10,045 $588K No change
AMGN Amgen Inc. 0.37% 1,877 $586K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.37% 6,360 $584K Add +6.5%
AWK American Water Works Co. Inc. 0.37% 4,450 $575K No change
XOM Exxon Mobil Corp. 0.36% 4,961 $571K No change
VSS Vanguard Ftse All Wo X-US SC 0.35% 4,719 $555K Add +2.0%
LIN Linde PLC 0.33% 1,182 $519K Add +0.4%
HYD Vaneck High Yield Muni ETF 0.32% 9,681 $501K Add +8.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.32% 4,550 $501K No change
PH Parker Hannifin Corp. 0.32% 984 $498K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.32% 1,583 $497K No change
VXF Vanguard Extended Market ETF 0.31% 2,850 $495K Add +57.2%
AMT American Tower Corp. 0.31% 2,487 $483K No change
BBCA JPMorgan Betabuilders Canada 0.30% 7,372 $479K No change
BRK.B Berkshire Hathaway Inc. Class B 0.30% 1,165 $477K Add +4.5%
ZTS Zoetis Inc. 0.30% 2,731 $473K No change
GLD SPDR Gold Shares 0.29% 2,143 $463K Add +3.5%
IEFA iShares Core MSCI Eafe ETF 0.29% 6,300 $458K No change
VRTX Vertex Pharmaceuticals Inc. 0.29% 966 $453K Add +0.4%
CRM Salesforce Inc. 0.28% 1,742 $448K Add +0.9%
PANW Palo Alto Networks Inc. 0.28% 1,294 $439K Add +0.3%
TSLA Tesla Inc. 0.28% 2,190 $434K Add +0.1%
NOC Northrop Grumman Corp. 0.27% 987 $431K Add +0.3%
NVO Novo-Nordisk A/S-Spons ADR 0.27% 3,012 $429K Add +1.2%
SPTI SS SPDR P Int Term TSY ETF 0.27% 15,173 $425K Add +1.6%
SPGI S&P Global Inc. 0.27% 950 $424K Add +0.3%
ROP Roper Technologies Inc. 0.27% 745 $420K No change
AVGO Broadcom Inc. 0.26% 2,507 $415K Reduce -89.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.26% 1,800 $413K No change
IVV iShares Core S&P 500 ETF 0.26% 738 $411K Add +44.1%
TFI SS SPDR N Ice Muni Bond ETF 0.25% 8,591 $394K Add +8.2%
EBND State Street SPDR Bloomberg 0.25% 19,751 $394K Add +2.7%

Show all 600 holdings

Portfolio Sells Q2 2024 → Q3 2024
CTAS Cintas Corp. Reduce -75.0% 0.72% −0.10
AVGO Broadcom Inc. Reduce -89.8% 0.26% −0.03
WSM Williams-Sonoma Inc. Reduce -50.0% 0.03% −0.00

Portfolio Buys Q2 2024 → Q3 2024
VEA Vanguard Ftse Developed ETF Add +101.8% 2.93% +1.34
VOO Vanguard S&P 500 ETF Add +69.4% 3.05% +1.06
VUG Vanguard Mrngstar GR ETF-Sui Add +32.7% 4.83% +0.73
VTEB Vanguard Tax-Exempt Bond ETF Add +100.0% 1.45% +0.63
VWO Vanguard Ftse Emerging Marke Add +102.6% 1.06% +0.49
VTV Vanguard Mrngstr Val ETF-Aui Add +23.6% 4.80% +0.47
VTI VG Morningstar TS MKT ETF-US Add +99.1% 0.84% +0.37
BND Vanguard Total Bond Market Add +81.6% 0.71% +0.28
VXUS Vanguard Total Intl Stock Add +99.6% 0.51% +0.23
BNDX Vanguard Total Intl Bond ETF Add +66.0% 0.68% +0.22
VWIAX Vanguard Wellesley Inc.-Adm Add +100.0% 0.48% +0.22
ULST SS Ultra Short TM Bond ETF Add +100.0% 0.50% +0.22
SPY SS SPDR S&P 500 ETF Trust-US Add +30.9% 1.36% +0.20
VB Vanguard Most SM-Cap ETF-Usd Add +38.5% 0.86% +0.17
BSV Vanguard Short-Term Bond ETF Add +111.3% 0.25% +0.12
VYM Vanguard High DVD Yield ETF Add +100.0% 0.24% +0.11
VALSX Value Line Select Growth-Inv Add +100.0% 0.23% +0.10
NTBIX Navigator Tact FXD Inc. Class I Add +101.5% 0.22% +0.10
VXF Vanguard Extended Market ETF Add +57.2% 0.31% +0.09
BIV Vanguard Intermediate-Term B Add +106.9% 0.19% +0.09
VYMI Vanguard Int High DVD YLD Inc. Add +100.0% 0.16% +0.07
XLSR SS US Sector Rotation Add +98.8% 0.14% +0.06
IVV iShares Core S&P 500 ETF Add +44.1% 0.26% +0.06
FISR SS Fi Sector Rotation Add +131.5% 0.11% +0.06
BLV Vanguard Long-Term Bond ETF Add +110.7% 0.12% +0.06
VMBS Vanguard Mortgage-Backed Sec Add +59.8% 0.19% +0.06
TBCIX T Rowe PR Blue Chip Grow-I Add +100.0% 0.12% +0.05
COLTX Columbia TTL RTRN Muni-A Add +100.9% 0.10% +0.04
TSBIX Nuven Cor and Impt BND FD-R6 Add +94.7% 0.10% +0.04
JUST Goldman Sachs Just US LRG Add +99.5% 0.09% +0.04
PRILX Parnassus Core Equity-Inst Add +98.5% 0.09% +0.04
IWD iShares Russell 1000 Value E Add +100.0% 0.07% +0.03
SPIB SS SPDR P Int C Corp. ETF Add +61.4% 0.11% +0.03
SHM SS SPDR N Ice St Muni ETF Add +42.3% 0.14% +0.03
IWF iShares Russell 1000 Growth Add +100.0% 0.06% +0.03
VMRK Vivmark Residential Add +100.0% 0.06% +0.03
NSC Norfolk Southern Corp. Add +100.0% 0.05% +0.02
PFPMX Parnassus Mid Cap Fund-Inst Add +93.2% 0.05% +0.02
BGRN iShares Usd Green Bond ETF Add +102.9% 0.05% +0.02
FMISX Franklin Ma Tax-FR Inc.-A1 Add +100.7% 0.04% +0.02
ICAFX Amer FND Inv Co. of Am-F2 Add +100.3% 0.04% +0.02
IEI iShares 3-7 Year Treasury Bo Add +494.1% 0.02% +0.02
MUB iShares National Muni Bond E Add +39.3% 0.09% +0.02
PXNIX Impax Intl Sustain Econ-Inst Add +91.2% 0.04% +0.02
SCIEX Hartford SCHR Intl STK-I Add +93.8% 0.04% +0.02
CRANX CCM Community Impct BND-Inst Add +90.7% 0.04% +0.02
REEIX RBC Emerging Markets Eq-I Add +146.3% 0.03% +0.02
WPC WP Carey Inc. Add +100.0% 0.03% +0.02
PZA Invesco National Amt-Free Mu Add +27.1% 0.13% +0.01
WGIFX Af Cap WLRD GR & Inc.-F2 Add +100.0% 0.03% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 607$176.3MSPYM, AAPL, VTV, VUG, NVDA
Q1 2026 613$159.8MAAPL, SPYM, VTV, VUG, NVDA
Q4 2025 598$309.4MABBNY, SPYM, AAPL, VTV, VUG
Q3 2025 513$161.3MSPYM, AAPL, VUG, VTV, NVDA
Q2 2025 609$148.9MSPYM, VUG, VTV, AAPL, NVDA
Q1 2025 602$131.4MAAPL, SPYM, VTV, SPDW, VUG
Q4 2024 606$142.3MSPYM, AAPL, VTV, VUG, NVDA
Q3 2024 600$157.4MVUG, VTV, SPYM, AAPL, VOO
Q2 2024 588$138.9MSPYM, VTV, VUG, AAPL, SPDW
Q1 2024 617$141.9MSPYM, VTV, VUG, AAPL, SPDW