Richardson Financial Services Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Richardson Financial Services Inc. reported 598 stock positions worth $309.4 million. Its top holding was Abb Ltd.-Spon ADR (ABBNY) at 46.8% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 2.6%) and Apple (AAPL, 2.4%). Compared with Q3 2025, it opened 105 new positions, sold out of 23, added to 277 and reduced 139. The biggest buy was a new position in Abb Ltd.-Spon ADR (ABBNY) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- MEDWAY, MA
- CIK
- 0002012303
- Portfolio Value
- $309.4M (Q4 2025)
- SEC Filing
- 0002012303-26-000001 ↗ filed Jan 22, 2026
Holdings Value
Holdings 598 stocks · $309.4M
| ABBNY Abb Ltd.-Spon ADR | 46.76% | 14 | $144.7M | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.63% | 101,450 | $8.1M | Reduce -2.9% |
| AAPL Apple Inc. | 2.40% | 27,307 | $7.4M | Reduce -0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.85% | 35,152 | $5.7M | Add +1.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.75% | 13,851 | $5.4M | Reduce -2.8% |
| NVDA Nvidia Corp. | 1.37% | 23,054 | $4.3M | Reduce -5.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.32% | 91,925 | $4.1M | Add +16.1% |
| GOOGL Alphabet Inc. Class A | 1.19% | 11,735 | $3.7M | Add +8.7% |
| VOO Vanguard S&P 500 ETF | 1.07% | 5,521 | $3.3M | Add +2.0% |
| MSFT Microsoft Corp. | 1.02% | 6,503 | $3.1M | Add +0.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.98% | 37,756 | $3.0M | Add +1.9% |
| SPEM State Street SP PTF Em ETF | 0.93% | 61,776 | $2.9M | Reduce -4.2% |
| IEUR iShares Core MSCI Europe ETF | 0.90% | 39,160 | $2.8M | Reduce -2.0% |
| IEMG iShares Core MSCI Emerging | 0.78% | 36,146 | $2.4M | Reduce -7.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.76% | 6,355 | $2.4M | Reduce -5.8% |
| AMZN Amazon.com Inc. | 0.71% | 9,502 | $2.2M | Add +3.9% |
| VWO Vanguard Ftse Emerging Marke | 0.69% | 18,434 | $2.1M | Add +0.5% |
| VYM Vanguard High DVD Yield ETF | 0.64% | 1,527 | $2.0M | No change |
| JPM JPMorgan Chase & Co. | 0.53% | 5,314 | $1.7M | Add +1.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.53% | 7,706 | $1.6M | Add +3.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.53% | 38,026 | $1.6M | Add +13.2% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.47% | 31,105 | $1.5M | Reduce -22.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 2,336 | $1.4M | Add +5.6% |
| IPAC iShares Core MSCI Pacific Et | 0.46% | 19,429 | $1.4M | Reduce -0.6% |
| VWIAX Vanguard Wellesley Inc.-Adm | 0.45% | 6,538 | $1.4M | Add +4.2% |
| MA Mastercard Inc. Class A | 0.45% | 2,439 | $1.4M | Add +1.5% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.36% | 42,125 | $1.1M | Add +88.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.36% | 18,969 | $1.1M | Reduce -0.6% |
| AVGO Broadcom Inc. | 0.35% | 3,160 | $1.1M | Add +6.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.34% | 2,586 | $1.1M | Add +0.4% |
| VEA Vanguard Ftse Developed ETF | 0.34% | 44,946 | $1.1M | Add +0.0% |
| META Meta Platforms Inc. Class A | 0.34% | 1,592 | $1.1M | Add +1.5% |
| HD Home Depot Inc. | 0.34% | 3,047 | $1.0M | Add +1.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.34% | 22,410 | $1.0M | Add +9.7% |
| MCD McDonald's Corp. | 0.34% | 3,408 | $1.0M | Add +2.4% |
| TSLA Tesla Inc. | 0.33% | 2,268 | $1.0M | Reduce -15.0% |
| BBUS JPMorgan Betabuilders US Equ | 0.32% | 8,048 | $992K | Add +7.3% |
| TMUS T-Mobile US Inc. | 0.32% | 4,869 | $989K | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.31% | 23,177 | $964K | Add +5.4% |
| GWX State Street SPDR S&P Intern | 0.31% | 19,298 | $953K | Reduce -1.1% |
| CTAS Cintas Corp. | 0.31% | 5,058 | $951K | Add +1.1% |
| ISRG Intuitive Surgical Inc. | 0.30% | 1,658 | $939K | Add +9.4% |
| WMT Walmart Inc. | 0.30% | 8,229 | $917K | Add +0.0% |
| XLC SS Comm Select Sector SPDR | 0.29% | 7,682 | $904K | Reduce -8.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 4,995 | $891K | Add +1.5% |
| COST Costco Wholesale Corp. | 0.28% | 1,015 | $875K | Reduce -4.2% |
| XLK SS Technology Select Sector | 0.28% | 6,053 | $871K | New |
| XLP SS Consumer Staples Sel Sect | 0.28% | 11,187 | $869K | Reduce -6.0% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 1,506 | $866K | Add +1.7% |
| BNDX Vanguard Total Intl Bond ETF | 0.27% | 12,552 | $850K | Add +1.9% |
| AMD Advanced Micro Devices | 0.27% | 3,900 | $826K | Reduce -0.9% |
| TT Trane Technologies PLC | 0.26% | 2,048 | $797K | No change |
| VNQ Vanguard Real Estate ETF | 0.26% | 8,700 | $791K | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 5,123 | $787K | Add +3.0% |
| LLY Eli Lilly & Co. | 0.24% | 694 | $746K | Add +46.4% |
| BND Vanguard Total Bond Market | 0.23% | 8,488 | $703K | Reduce -0.3% |
| SNPS Synopsys Inc. | 0.22% | 1,478 | $694K | Add +0.1% |
| NEE Nextera Energy Inc. | 0.22% | 8,505 | $683K | Add +0.5% |
| COF Capital One Financial Corp. | 0.22% | 2,812 | $682K | Add +2.4% |
| JNK SS SPDR BB High Yield Bond | 0.22% | 6,937 | $673K | Reduce -38.0% |
| IWM iShares Russell 2000 ETF | 0.22% | 2,725 | $671K | Add +10.8% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.21% | 4,627 | $653K | Add +0.8% |
| EMB iShares JP Morgan Usd Emergi | 0.20% | 6,576 | $633K | Reduce -20.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 2,158 | $623K | No change |
| LIN Linde PLC | 0.20% | 1,432 | $611K | Add +7.1% |
| CERY SS SPDR BBG En RY CM St N-Ui | 0.20% | 21,460 | $609K | Reduce -27.6% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 9,203 | $607K | Add +1.5% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.19% | 6,275 | $595K | Reduce -8.4% |
| NOC Northrop Grumman Corp. | 0.19% | 940 | $586K | Reduce -0.8% |
| IWR iShares Russell Mid-Cap ETF | 0.19% | 6,034 | $581K | Add +48.8% |
| CRM Salesforce Inc. | 0.19% | 2,178 | $579K | Add +14.2% |
| AWK American Water Works Co. Inc. | 0.18% | 4,280 | $559K | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 1,159 | $558K | Add +20.6% |
| VSS Vanguard Ftse All Wo X-US SC | 0.18% | 3,659 | $544K | Reduce -14.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 5,885 | $526K | Add +2.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.17% | 19,777 | $520K | Reduce -4.9% |
| V Visa Inc. Class A | 0.17% | 1,468 | $514K | Reduce -62.7% |
| EOG EOG Resources Inc. | 0.17% | 4,893 | $514K | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.17% | 2,773 | $511K | Add +4.5% |
| CME Cme Group Inc. | 0.16% | 1,831 | $500K | Reduce -0.3% |
| BBCA JPMorgan Betabuilders Canada | 0.16% | 5,362 | $499K | Reduce -6.6% |
| GLD SPDR Gold Shares | 0.16% | 1,268 | $498K | Reduce -16.1% |
| FLCH Franklin Ftse China ETF | 0.16% | 20,721 | $493K | New |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 0.16% | 6,641 | $480K | Add +13.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.15% | 4,970 | $468K | Reduce -12.6% |
| HYD Vaneck High Yield Muni ETF | 0.15% | 5,949 | $464K | Reduce -7.0% |
| XLSR SS US Sector Rotation | 0.15% | 1,724 | $459K | No change |
| PH Parker Hannifin Corp. | 0.15% | 511 | $449K | Reduce -48.0% |
| SPAB SS SPDR P Agg Bond ETF | 0.14% | 17,197 | $448K | Add +26.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.14% | 952 | $432K | Add +1.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.14% | 9,399 | $428K | Add +1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 1,429 | $423K | Add +4.0% |
| EQIX Equinix Inc. | 0.14% | 552 | $423K | Add +3580.0% |
| JGLO JPMorgan GLBL SLCT Eq ETF | 0.14% | 6,241 | $422K | Reduce -8.4% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.14% | 4,848 | $418K | Reduce -17.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.13% | 2,363 | $415K | Reduce -0.6% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.13% | 8,938 | $410K | Reduce -4.6% |
| WMB Williams Cos Inc. | 0.13% | 6,776 | $407K | Add +4.4% |
| VLTO Veralto Corp. | 0.13% | 1 | $403K | New |
| PM Philip Morris International | 0.13% | 2,389 | $403K | Add +5.3% |
Portfolio Sells Q3 2025 → Q4 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.8% | 1.75% | −2.49 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -2.9% | 2.63% | −2.45 |
| AAPL Apple Inc. | Reduce -0.2% | 2.40% | −1.92 |
| NVDA Nvidia Corp. | Reduce -5.8% | 1.37% | −1.46 |
| SPEM State Street SP PTF Em ETF | Reduce -4.2% | 0.93% | −0.94 |
| IEMG iShares Core MSCI Emerging | Reduce -7.6% | 0.78% | −0.82 |
| IEUR iShares Core MSCI Europe ETF | Reduce -2.0% | 0.90% | −0.79 |
| IVV iShares Core S&P 500 ETF | Reduce -75.1% | 0.09% | −0.70 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -22.6% | 0.47% | −0.68 |
| V Visa Inc. Class A | Reduce -62.7% | 0.17% | −0.67 |
| XLV SS Health Care Select Sector | Reduce -96.1% | 0.01% | −0.60 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -5.8% | 0.76% | −0.48 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -4.9% | 0.17% | −0.48 |
| JNK SS SPDR BB High Yield Bond | Reduce -38.0% | 0.22% | −0.46 |
| IPAC iShares Core MSCI Pacific Et | Reduce -0.6% | 0.46% | −0.43 |
| TSLA Tesla Inc. | Reduce -15.0% | 0.33% | −0.41 |
| CERY SS SPDR BBG En RY CM St N-Ui | Reduce -27.6% | 0.20% | −0.33 |
| COST Costco Wholesale Corp. | Reduce -4.2% | 0.28% | −0.32 |
| XLC SS Comm Select Sector SPDR | Reduce -8.4% | 0.29% | −0.32 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.6% | 0.36% | −0.32 |
| PH Parker Hannifin Corp. | Reduce -48.0% | 0.15% | −0.32 |
| ADBE Adobe Inc. | Reduce -67.1% | 0.06% | −0.32 |
| XOM Exxon Mobil Corp. | Reduce -71.3% | 0.06% | −0.31 |
| XLP SS Consumer Staples Sel Sect | Reduce -6.0% | 0.28% | −0.30 |
| NXPI NXP Semiconductors NV | Reduce -92.4% | 0.01% | −0.29 |
| EMB iShares JP Morgan Usd Emergi | Reduce -20.8% | 0.20% | −0.29 |
| ORCL Oracle Corp. | Reduce -11.4% | 0.13% | −0.27 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Reduce -8.4% | 0.19% | −0.21 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.21 |
| ZTS Zoetis Inc. | Reduce -76.2% | 0.02% | −0.21 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -14.9% | 0.18% | −0.20 |
| AWK American Water Works Co. Inc. | Reduce -0.8% | 0.18% | −0.19 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -12.6% | 0.15% | −0.18 |
| GWX State Street SPDR S&P Intern | Reduce -1.1% | 0.31% | −0.18 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -17.9% | 0.14% | −0.18 |
| GLD SPDR Gold Shares | Reduce -16.1% | 0.16% | −0.17 |
| ROP Roper Technologies Inc. | Reduce -77.4% | 0.02% | −0.17 |
| NOC Northrop Grumman Corp. | Reduce -0.8% | 0.19% | −0.17 |
| FITB Fifth Third Bancorp | Reduce -46.9% | 0.05% | −0.17 |
| BND Vanguard Total Bond Market | Reduce -0.3% | 0.23% | −0.17 |
| FISR SS Fi Sector Rotation | Reduce -52.5% | 0.01% | −0.17 |
| JGLO JPMorgan GLBL SLCT Eq ETF | Reduce -8.4% | 0.14% | −0.15 |
| BBCA JPMorgan Betabuilders Canada | Reduce -6.6% | 0.16% | −0.15 |
| CME Cme Group Inc. | Reduce -0.3% | 0.16% | −0.15 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -4.6% | 0.13% | −0.14 |
| IP International Paper Co. | Reduce -80.7% | 0.01% | −0.14 |
| TFLO iShares Treasury Floating Ra | Reduce -8.7% | 0.12% | −0.13 |
| AMD Advanced Micro Devices | Reduce -0.9% | 0.27% | −0.13 |
| PEP Pepsico Inc. | Reduce -24.1% | 0.08% | −0.13 |
| EMHC SS SPDR BB Em Usd Bond ETF | Reduce -6.1% | 0.10% | −0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| ABBNY Abb Ltd.-Spon ADR | New | 46.76% | +46.76 |
| XLK SS Technology Select Sector | New | 0.28% | +0.28 |
| VWIAX Vanguard Wellesley Inc.-Adm | Add +4.2% | 0.45% | +0.20 |
| FLCH Franklin Ftse China ETF | New | 0.16% | +0.16 |
| VLTO Veralto Corp. | New | 0.13% | +0.13 |
| EQIX Equinix Inc. | Add +3580.0% | 0.14% | +0.13 |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | New | 0.11% | +0.11 |
| PWR Quanta Services Inc. | New | 0.10% | +0.10 |
| GLDM SPDR Gold Minishares Trust | New | 0.08% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +0.5% | 0.69% | +0.07 |
| INTU Intuit Inc. | Add +603.9% | 0.08% | +0.06 |
| ANET Arista Networks Inc. | Add +562.2% | 0.06% | +0.04 |
| JTEK JPMorgan US Tech Leaders | New | 0.04% | +0.04 |
| NSRGY Nestle SA-Spons ADR | New | 0.04% | +0.04 |
| RTX RTX Corp. | New | 0.04% | +0.04 |
| SW Smurfit Westrock PLC | New | 0.03% | +0.03 |
| MDT Medtronic PLC | Add +25150.0% | 0.03% | +0.03 |
| INTC Intel Corp. | Add +530.9% | 0.04% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +212.6% | 0.04% | +0.03 |
| OMF Onemain Holdings Inc. | Add +232.1% | 0.06% | +0.03 |
| KMB Kimberly-Clark Corp. | Add +584.2% | 0.04% | +0.03 |
| AEE Ameren Corporation | New | 0.03% | +0.03 |
| EIX Edison International | New | 0.03% | +0.03 |
| DHR Danaher Corp. | Add +201.7% | 0.05% | +0.02 |
| SPLB SS SPDR P Long Term C ETF | Add +824.1% | 0.03% | +0.02 |
| ACN Accenture PLC Class A | Add +170.7% | 0.06% | +0.02 |
| JMTG Mortgage-Backed Securities | New | 0.02% | +0.02 |
| CBOE Cboe Global Markets Inc. | Add +591.5% | 0.03% | +0.02 |
| BLV Vanguard Long-Term Bond ETF | Add +7.2% | 0.08% | +0.02 |
| WHR Whirlpool Corp. | New | 0.02% | +0.02 |
| OMC Omnicom Group | Add +104.7% | 0.07% | +0.02 |
| TGRNX Nuveen Green Bond Fund-R6 | Add +1.6% | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | Add +46.4% | 0.24% | +0.02 |
| IWX iShares Russell Top 200 Valu | New | 0.02% | +0.02 |
| SONY Sony Group Corp. - SP ADR | New | 0.02% | +0.02 |
| ETN Eaton Corp. PLC | New | 0.02% | +0.02 |
| UGI Ugi Corp. | New | 0.01% | +0.01 |
| BIV Vanguard Intermediate-Term B | Add +4.2% | 0.12% | +0.01 |
| STE Steris PLC | New | 0.01% | +0.01 |
| B Barrick Mining Corp. | New | 0.01% | +0.01 |
| OKE Oneok Inc. | Add +456.3% | 0.02% | +0.01 |
| IJR iShares Core S&P Small-Cap E | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +15.2% | 0.08% | +0.01 |
| ESLOY Essilorluxot-Unspon ADR | New | 0.01% | +0.01 |
| PFE Pfizer Inc. | Add +128.8% | 0.09% | +0.01 |
| WELL Welltower Inc. | Add +851.9% | 0.02% | +0.01 |
| KEY Keycorp | New | 0.01% | +0.01 |
| CNO Cno Financial Group Inc. | New | 0.01% | +0.01 |
| F Ford Motor Co. | Add +104.2% | 0.08% | +0.01 |
| FSSL FS Specialty Lending Fund | New | 0.01% | +0.01 |
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 |