Richardson Financial Services Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Richardson Financial Services Inc. reported 602 stock positions worth $131.4 million. Its top holding was Apple (AAPL) at 4.5% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 4.1%) and Vanguard Mrngstr Val ETF-Aui (VTV, 3.6%). Compared with Q4 2024, it opened 46 new positions, sold out of 48, added to 158 and reduced 198. The biggest buy was Ste STR SPDR PT DW Eu ETF (SPDW, shares +43%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- MEDWAY, MA
- CIK
- 0002012303
- Portfolio Value
- $131.4M (Q1 2025)
- SEC Filing
- 0002012303-25-000002 ↗ filed May 6, 2025
Holdings Value
Holdings 602 stocks · $131.4M
| AAPL Apple Inc. | 4.50% | 26,595 | $5.9M | Reduce -0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.05% | 80,999 | $5.3M | Reduce -19.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.64% | 27,719 | $4.8M | Reduce -25.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 3.30% | 119,070 | $4.3M | Add +43.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.76% | 9,791 | $3.6M | Reduce -34.7% |
| SPEM State Street SP PTF Em ETF | 2.44% | 81,548 | $3.2M | Add +5.3% |
| VOO Vanguard S&P 500 ETF | 2.06% | 5,260 | $2.7M | Reduce -5.2% |
| NVDA Nvidia Corp. | 1.87% | 22,689 | $2.5M | Add +1.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.70% | 28,330 | $2.2M | Reduce -3.4% |
| IEMG iShares Core MSCI Emerging | 1.68% | 40,986 | $2.2M | Reduce -1.6% |
| MSFT Microsoft Corp. | 1.67% | 5,856 | $2.2M | Reduce -0.5% |
| IEUR iShares Core MSCI Europe ETF | 1.50% | 32,812 | $2.0M | Add +7.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 1.36% | 7,085 | $1.8M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 1.23% | 8,477 | $1.6M | Reduce -0.1% |
| V Visa Inc. Class A | 1.15% | 4,329 | $1.5M | Reduce -0.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.10% | 34,072 | $1.4M | Reduce -7.8% |
| GOOGL Alphabet Inc. Class A | 1.10% | 9,308 | $1.4M | Add +0.8% |
| IPAC iShares Core MSCI Pacific Et | 1.02% | 21,567 | $1.3M | Reduce -5.1% |
| MA Mastercard Inc. Class A | 0.99% | 2,375 | $1.3M | No change |
| TMUS T-Mobile US Inc. | 0.99% | 4,854 | $1.3M | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.98% | 6,882 | $1.3M | Add +2.7% |
| UNH Unitedhealth Group Inc. | 0.95% | 2,395 | $1.3M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 0.92% | 4,925 | $1.2M | Reduce -0.6% |
| TFLO iShares Treasury Floating Ra | 0.81% | 21,049 | $1.1M | Reduce -7.1% |
| HD Home Depot Inc. | 0.80% | 2,855 | $1.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 1,869 | $1.0M | Reduce -17.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.77% | 19,838 | $1.0M | Add +9.6% |
| CTAS Cintas Corp. | 0.77% | 4,939 | $1.0M | Add +0.5% |
| MCD McDonald's Corp. | 0.76% | 3,182 | $994K | Add +0.9% |
| XLE SS Energy Select Sector | 0.75% | 10,573 | $988K | New |
| COST Costco Wholesale Corp. | 0.73% | 1,008 | $953K | Reduce -1.5% |
| CERY SS SPDR BBG En RY CM St N-Ui | 0.71% | 33,633 | $932K | Add +97.8% |
| XLK SS Technology Select Sector | 0.70% | 4,469 | $923K | New |
| XLC SS Comm Select Sector SPDR | 0.70% | 9,565 | $923K | Reduce -1.8% |
| SRLN SS Blackstone Sr Loan ETF | 0.68% | 21,593 | $888K | Add +11.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.67% | 19,068 | $879K | Reduce -7.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.60% | 19,472 | $794K | Reduce -32.0% |
| SPAB SS SPDR P Agg Bond ETF | 0.57% | 29,174 | $745K | Add +12.5% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.56% | 7,921 | $742K | Reduce -4.4% |
| GWX State Street SPDR S&P Intern | 0.56% | 22,937 | $733K | Add +0.3% |
| TT Trane Technologies PLC | 0.55% | 2,163 | $729K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.55% | 1,454 | $724K | Reduce -0.6% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.54% | 26,194 | $714K | Add +28.5% |
| WMT Walmart Inc. | 0.53% | 7,872 | $691K | Reduce -0.8% |
| ADBE Adobe Inc. | 0.52% | 1,793 | $688K | No change |
| EMB iShares JP Morgan Usd Emergi | 0.52% | 7,545 | $684K | Reduce -7.4% |
| VEA Vanguard Ftse Developed ETF | 0.51% | 13,211 | $672K | Reduce -70.4% |
| VNQ Vanguard Real Estate ETF | 0.50% | 7,303 | $661K | Add +0.3% |
| AWK American Water Works Co. Inc. | 0.50% | 4,470 | $659K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.50% | 2,960 | $656K | Reduce -31.6% |
| SPEU State Street SPDR Portfolio | 0.50% | 14,838 | $653K | New |
| TSLA Tesla Inc. | 0.49% | 2,485 | $644K | Reduce -1.0% |
| SNPS Synopsys Inc. | 0.49% | 1,496 | $642K | No change |
| BND Vanguard Total Bond Market | 0.48% | 8,644 | $635K | Add +4.3% |
| NEE Nextera Energy Inc. | 0.48% | 8,936 | $633K | Reduce -2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 6,417 | $633K | Add +1.1% |
| EOG EOG Resources Inc. | 0.48% | 4,934 | $633K | Add +5.6% |
| BNDX Vanguard Total Intl Bond ETF | 0.48% | 12,941 | $632K | Reduce -3.0% |
| XOM Exxon Mobil Corp. | 0.48% | 5,311 | $632K | Add +0.9% |
| AMGN Amgen Inc. | 0.48% | 2,019 | $629K | Add +0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 5,010 | $610K | Add +3.2% |
| META Meta Platforms Inc. Class A | 0.46% | 1,045 | $602K | Add +5.1% |
| BBUS JPMorgan Betabuilders US Equ | 0.46% | 5,958 | $601K | Add +30.5% |
| PH Parker Hannifin Corp. | 0.46% | 988 | $601K | Reduce -0.2% |
| LIN Linde PLC | 0.45% | 1,279 | $596K | Add +0.9% |
| GLD SPDR Gold Shares | 0.45% | 2,057 | $593K | Reduce -8.7% |
| PWR Quanta Services Inc. | 0.42% | 2,185 | $555K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.42% | 1,798 | $555K | Add +9.5% |
| TOTL SS Doubleline TR Tact ETF | 0.41% | 13,519 | $545K | Add +11.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.40% | 2,171 | $531K | Add +17.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.40% | 801 | $531K | Reduce -0.1% |
| IJH iShares Core S&P Midcap ETF | 0.40% | 9,063 | $529K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 1,918 | $527K | Reduce -18.9% |
| BBCA JPMorgan Betabuilders Canada | 0.40% | 7,260 | $520K | Reduce -1.9% |
| CME Cme Group Inc. | 0.39% | 1,949 | $517K | Add +0.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.39% | 5,460 | $511K | Reduce -9.2% |
| NOC Northrop Grumman Corp. | 0.38% | 984 | $504K | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.38% | 4,357 | $504K | Reduce -8.9% |
| AMT American Tower Corp. | 0.38% | 2,300 | $500K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 938 | $500K | Reduce -1.1% |
| COF Capital One Financial Corp. | 0.38% | 2,767 | $496K | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.37% | 1,014 | $492K | Add +4.1% |
| CRM Salesforce Inc. | 0.37% | 1,788 | $480K | Add +1.7% |
| SPGI S&P Global Inc. | 0.37% | 945 | $480K | Reduce -2.5% |
| JGLO JPMorgan GLBL SLCT Eq ETF | 0.36% | 7,974 | $470K | Add +21.8% |
| PEP Pepsico Inc. | 0.35% | 3,062 | $459K | No change |
| SPLB SS SPDR P Long Term C ETF | 0.34% | 20,067 | $453K | New |
| PANW Palo Alto Networks Inc. | 0.34% | 2,618 | $447K | Add +0.8% |
| AVGO Broadcom Inc. | 0.34% | 2,666 | $446K | Reduce -0.6% |
| ZTS Zoetis Inc. | 0.34% | 2,709 | $446K | Add +0.4% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.34% | 3,455 | $445K | Add +10.3% |
| NXPI NXP Semiconductors NV | 0.33% | 2,266 | $431K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.33% | 2,675 | $429K | Add +12.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.32% | 4,521 | $415K | Reduce -49.1% |
| JNK SS SPDR BB High Yield Bond | 0.31% | 4,246 | $405K | Reduce -69.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.31% | 8,910 | $402K | Add +7.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 5,305 | $401K | Reduce -10.7% |
| SPTI SS SPDR P Int Term TSY ETF | 0.30% | 13,899 | $397K | Add +0.1% |
| ULST SS Ultra Short TM Bond ETF | 0.30% | 9,622 | $391K | No change |
| CVX Chevron Corp. | 0.29% | 2,315 | $387K | Add +0.3% |
Portfolio Sells Q4 2024 → Q1 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -34.7% | 2.76% | −1.59 |
| VEA Vanguard Ftse Developed ETF | Reduce -70.4% | 0.51% | −0.99 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -19.1% | 4.05% | −0.81 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -25.9% | 3.64% | −0.80 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.67 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.66 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.66 |
| JNK SS SPDR BB High Yield Bond | Reduce -69.1% | 0.31% | −0.61 |
| VWO Vanguard Ftse Emerging Marke | Reduce -69.1% | 0.19% | −0.36 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -32.0% | 0.60% | −0.30 |
| VWIAX Vanguard Wellesley Inc.-Adm | Sold out | 0.00% | −0.26 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -49.1% | 0.32% | −0.26 |
| TSLA Tesla Inc. | Reduce -1.0% | 0.49% | −0.25 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -31.6% | 0.50% | −0.23 |
| AAPL Apple Inc. | Reduce -0.1% | 4.50% | −0.22 |
| WORLD GOLD TR | Sold out | 0.00% | −0.20 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -17.3% | 0.80% | −0.14 |
| EBND State Street SPDR Bloomberg | Reduce -54.2% | 0.12% | −0.12 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.12 |
| AVGO Broadcom Inc. | Reduce -0.6% | 0.34% | −0.10 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -4.0% | 1.36% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 1.23% | −0.09 |
| VYMI Vanguard Int High DVD YLD Inc. | Sold out | 0.00% | −0.08 |
| MSFT Microsoft Corp. | Reduce -0.5% | 1.67% | −0.08 |
| EWL iShares MSCI Switzerland ETF | Sold out | 0.00% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.9% | 0.40% | −0.08 |
| TBCIX T Rowe PR Blue Chip Grow-I | Sold out | 0.00% | −0.07 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.07 |
| PNR Pentair PLC | Reduce -83.6% | 0.01% | −0.05 |
| XMMO Invesco S&P Midcap Momentum | Sold out | 0.00% | −0.05 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -24.2% | 0.24% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -5.2% | 2.06% | −0.05 |
| BBMC JPM Betabuilders US Mid Cap | Reduce -89.6% | 0.01% | −0.04 |
| TECH Bio-Techne Corp. | Sold out | 0.00% | −0.04 |
| PDBC Invesco Optimum Yield Divers | Sold out | 0.00% | −0.04 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −0.04 |
| EEMA iShares MSCI Emerg MRKT Asia | Reduce -42.0% | 0.06% | −0.03 |
| VXF Vanguard Extended Market ETF | Reduce -10.3% | 0.21% | −0.03 |
| CSX CSX Corp. | Reduce -22.2% | 0.09% | −0.03 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.03 |
| GM General Motors Co. | Sold out | 0.00% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -26.9% | 0.05% | −0.02 |
| IHG Intercontinental Hotels-ADR | Sold out | 0.00% | −0.02 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -67.1% | 0.01% | −0.02 |
| SRE Sempra | Reduce -0.9% | 0.12% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -66.7% | 0.01% | −0.02 |
| RWR SS SPDR Dow Jones REIT ETF | Reduce -29.0% | 0.05% | −0.02 |
| BLK BlackRock Inc. | Reduce -32.8% | 0.03% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| SPDW Ste STR SPDR PT DW Eu ETF | Add +43.5% | 3.30% | +1.31 |
| XLE SS Energy Select Sector | New | 0.75% | +0.75 |
| XLK SS Technology Select Sector | New | 0.70% | +0.70 |
| SPEU State Street SPDR Portfolio | New | 0.50% | +0.50 |
| CERY SS SPDR BBG En RY CM St N-Ui | Add +97.8% | 0.71% | +0.40 |
| SPEM State Street SP PTF Em ETF | Add +5.3% | 2.44% | +0.35 |
| SPLB SS SPDR P Long Term C ETF | New | 0.34% | +0.34 |
| IEUR iShares Core MSCI Europe ETF | Add +7.6% | 1.50% | +0.34 |
| GLDM SPDR Gold Minishares Trust | New | 0.25% | +0.25 |
| IVV iShares Core S&P 500 ETF | Add +170.9% | 0.26% | +0.17 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +28.5% | 0.54% | +0.17 |
| EMHC SS SPDR BB Em Usd Bond ETF | Add +93.1% | 0.27% | +0.14 |
| CTAS Cintas Corp. | Add +0.5% | 0.77% | +0.14 |
| BBUS JPMorgan Betabuilders US Equ | Add +30.5% | 0.46% | +0.12 |
| MCD McDonald's Corp. | Add +0.9% | 0.76% | +0.11 |
| AMGN Amgen Inc. | Add +0.8% | 0.48% | +0.11 |
| SPAB SS SPDR P Agg Bond ETF | Add +12.5% | 0.57% | +0.11 |
| SRLN SS Blackstone Sr Loan ETF | Add +11.7% | 0.68% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Add +4.1% | 0.37% | +0.10 |
| XOM Exxon Mobil Corp. | Add +0.9% | 0.48% | +0.09 |
| ABBV Abbvie Inc. | Add +21.1% | 0.24% | +0.09 |
| EOG EOG Resources Inc. | Add +5.6% | 0.48% | +0.09 |
| PM Philip Morris International | Add +4.0% | 0.26% | +0.09 |
| LIN Linde PLC | Add +0.9% | 0.45% | +0.08 |
| JGLO JPMorgan GLBL SLCT Eq ETF | Add +21.8% | 0.36% | +0.08 |
| CME Cme Group Inc. | Add +0.6% | 0.39% | +0.08 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +9.6% | 0.77% | +0.08 |
| TOTL SS Doubleline TR Tact ETF | Add +11.0% | 0.41% | +0.08 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +17.6% | 0.40% | +0.07 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +10.3% | 0.34% | +0.06 |
| BND Vanguard Total Bond Market | Add +4.3% | 0.48% | +0.06 |
| CVX Chevron Corp. | Add +0.3% | 0.29% | +0.06 |
| GWX State Street SPDR S&P Intern | Add +0.3% | 0.56% | +0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +12.0% | 0.33% | +0.06 |
| LLY Eli Lilly & Co. | Add +13.3% | 0.24% | +0.06 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +17.5% | 0.19% | +0.06 |
| VNQ Vanguard Real Estate ETF | Add +0.3% | 0.50% | +0.05 |
| TJX TJX Companies Inc. | Add +3.2% | 0.46% | +0.05 |
| KO The Coca-Cola Co. | Add +6.0% | 0.20% | +0.05 |
| DUK Duke Energy Corp. | Add +1.5% | 0.24% | +0.05 |
| META Meta Platforms Inc. Class A | Add +5.1% | 0.46% | +0.05 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +2.7% | 0.98% | +0.04 |
| IWX iShares Russell Top 200 Valu | New | 0.04% | +0.04 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +7.8% | 0.31% | +0.04 |
| WEC WEC Energy Group Inc. | Add +9.0% | 0.15% | +0.04 |
| SCHP Schwab U.S. Tips ETF | Add +19.5% | 0.14% | +0.04 |
| VZ Verizon Communications Inc. | Add +1.5% | 0.18% | +0.04 |
| MUB iShares National Muni Bond E | Add +37.4% | 0.11% | +0.04 |
| BBIN JPM Betabuilders Intl Eqty | Add +11.6% | 0.14% | +0.03 |
| ZTS Zoetis Inc. | Add +0.4% | 0.34% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 607 | $176.3M | SPYM, AAPL, VTV, VUG, NVDA |
| Q1 2026 | 613 | $159.8M | AAPL, SPYM, VTV, VUG, NVDA |
| Q4 2025 | 598 | $309.4M | ABBNY, SPYM, AAPL, VTV, VUG |
| Q3 2025 | 513 | $161.3M | SPYM, AAPL, VUG, VTV, NVDA |
| Q2 2025 | 609 | $148.9M | SPYM, VUG, VTV, AAPL, NVDA |
| Q1 2025 | 602 | $131.4M | AAPL, SPYM, VTV, SPDW, VUG |
| Q4 2024 | 606 | $142.3M | SPYM, AAPL, VTV, VUG, NVDA |
| Q3 2024 | 600 | $157.4M | VUG, VTV, SPYM, AAPL, VOO |
| Q2 2024 | 588 | $138.9M | SPYM, VTV, VUG, AAPL, SPDW |
| Q1 2024 | 617 | $141.9M | SPYM, VTV, VUG, AAPL, SPDW |