Sfm, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Sfm, LLC reported 61 stock positions worth $172.0 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 20.2% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 9.5%) and iShares Core S&P 500 ETF (IVV, 6.0%). Compared with Q2 2025, it opened 4 new positions, sold out of 1, added to 29 and reduced 23. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +31%) and the biggest sale an exit from Salesforce (CRM).
- Most Recent 13F
- Q2 2026
- Location
- MANCHESTER, NH
- CIK
- 0002064225
- Portfolio Value
- $172.0M (Q3 2025)
- SEC Filing
- 0002064225-25-000001 ↗ filed Oct 15, 2025
Holdings Value
Holdings 61 stocks · $172.0M
| VOO Vanguard S&P 500 ETF | 20.18% | 56,660 | $34.7M | Add +0.9% |
| USFR Wisdomtree Floating Rate Tre | 9.50% | 324,826 | $16.3M | Add +30.6% |
| IVV iShares Core S&P 500 ETF | 5.99% | 15,401 | $10.3M | Reduce -1.9% |
| MSFT Microsoft Corp. | 5.94% | 19,738 | $10.2M | Add +0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 5.70% | 33,366 | $9.8M | Reduce -0.1% |
| IAUM iShares Gold Trust Micro | 5.07% | 226,491 | $8.7M | Add +3.8% |
| AMZN Amazon.com Inc. | 4.15% | 32,500 | $7.1M | Add +4.1% |
| GOOGL Alphabet Inc. Class A | 2.52% | 17,853 | $4.3M | Reduce -0.2% |
| NVDA Nvidia Corp. | 2.31% | 21,281 | $4.0M | Add +2.7% |
| TCAF T Rowe PRC Cap Appreciation | 2.18% | 99,322 | $3.7M | Reduce -2.8% |
| IQLT iShares MSCI International Q | 2.14% | 83,385 | $3.7M | Reduce -0.6% |
| VTIP Vanguard Short-Term Tips | 2.04% | 69,228 | $3.5M | Reduce -0.5% |
| SCHD Schwab US DVD Equity ETF | 2.01% | 126,925 | $3.5M | Add +9.2% |
| META Meta Platforms Inc. Class A | 1.73% | 4,050 | $3.0M | Add +11.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.66% | 5,690 | $2.9M | Add +2.1% |
| MA Mastercard Inc. Class A | 1.55% | 4,673 | $2.7M | Reduce -0.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.54% | 8,061 | $2.6M | Reduce -0.3% |
| V Visa Inc. Class A | 1.43% | 7,213 | $2.5M | Add +3.5% |
| AAPL Apple Inc. | 1.34% | 9,051 | $2.3M | Add +12.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.27% | 3,641 | $2.2M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 1.23% | 8,657 | $2.1M | Reduce -0.3% |
| IJH iShares Core S&P Midcap ETF | 1.19% | 31,413 | $2.0M | Add +1.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.14% | 7,698 | $2.0M | Reduce -1.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.12% | 4,019 | $1.9M | Reduce -0.5% |
| HD Home Depot Inc. | 0.91% | 3,842 | $1.6M | Add +3.5% |
| RSG Republic Services Inc. | 0.89% | 6,639 | $1.5M | Add +7.8% |
| SHW The Sherwin-Williams Co. | 0.85% | 4,239 | $1.5M | Add +0.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.82% | 4,548 | $1.4M | Add +4.3% |
| SYK Stryker Corp. | 0.81% | 3,783 | $1.4M | Add +2.3% |
| AZO AutoZone Inc. | 0.77% | 308 | $1.3M | Add +13.2% |
| NOW ServiceNow Inc. | 0.72% | 1,341 | $1.2M | Reduce -0.1% |
| XSVM Invesco S&P Smallcap Value W | 0.70% | 21,349 | $1.2M | Reduce -0.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.66% | 4,607 | $1.1M | Add +11.0% |
| MDY State Street SPDR S&P Midcap | 0.61% | 1,767 | $1.1M | Reduce -3.2% |
| ESGV Vanguard ESG US Stock ETF | 0.59% | 8,537 | $1.0M | Reduce -9.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.57% | 12,444 | $975K | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 1,392 | $927K | Add +0.1% |
| BRO Brown & Brown Inc. | 0.50% | 9,210 | $864K | Add +13.1% |
| SPGI S&P Global Inc. | 0.44% | 1,555 | $757K | Reduce -0.8% |
| LIN Linde PLC | 0.43% | 1,553 | $738K | Add +1.9% |
| IJR iShares Core S&P Small-Cap E | 0.39% | 5,645 | $671K | Reduce -7.3% |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 3,295 | $625K | Add +25.3% |
| COST Costco Wholesale Corp. | 0.36% | 675 | $625K | Add +2.6% |
| INTU Intuit Inc. | 0.29% | 724 | $494K | Reduce -1.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.25% | 7,540 | $431K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.25% | 1,059 | $426K | No change |
| GE General Electric filed as GE AEROSPACE | 0.21% | 1,213 | $365K | Add +10.1% |
| JPM JPMorgan Chase & Co. | 0.21% | 1,140 | $360K | Add +9.1% |
| TSLA Tesla Inc. | 0.20% | 790 | $351K | Add +16.2% |
| IAU iShares Gold Trust | 0.19% | 4,419 | $322K | Reduce -12.3% |
| VGT Vanguard Info Tech ETF | 0.18% | 413 | $308K | No change |
| PGR Progressive Corp. | 0.16% | 1,083 | $267K | Add +10.8% |
| ADI Analog Devices Inc. | 0.15% | 1,080 | $265K | No change |
| AVGO Broadcom Inc. | 0.15% | 766 | $253K | New |
| QQMG Invesco ESG Nasdaq 100 | 0.14% | 5,932 | $245K | No change |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.14% | 2,441 | $243K | Reduce -3.0% |
| DHR Danaher Corp. | 0.13% | 1,169 | $232K | Add +2.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.13% | 4,426 | $222K | Reduce -18.1% |
| SIL Global X Silver Miners ETF | 0.13% | 3,027 | $217K | New |
| ORCL Oracle Corp. | 0.12% | 726 | $204K | New |
| NFLX Netflix Inc. | 0.12% | 170 | $204K | New |
Portfolio Sells Q2 2025 → Q3 2025
| CRM Salesforce Inc. | Sold out | 0.00% | −0.39 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.1% | 5.70% | −0.30 |
| IVV iShares Core S&P 500 ETF | Reduce -1.9% | 5.99% | −0.26 |
| VTIP Vanguard Short-Term Tips | Reduce -0.5% | 2.04% | −0.21 |
| IQLT iShares MSCI International Q | Reduce -0.6% | 2.14% | −0.18 |
| NOW ServiceNow Inc. | Reduce -0.1% | 0.72% | −0.17 |
| MA Mastercard Inc. Class A | Reduce -0.2% | 1.55% | −0.14 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -2.8% | 2.18% | −0.14 |
| SPGI S&P Global Inc. | Reduce -0.8% | 0.44% | −0.09 |
| INTU Intuit Inc. | Reduce -1.0% | 0.29% | −0.08 |
| ESGV Vanguard ESG US Stock ETF | Reduce -9.1% | 0.59% | −0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.6% | 1.14% | −0.05 |
| MDY State Street SPDR S&P Midcap | Reduce -3.2% | 0.61% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.0% | 1.27% | −0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -18.1% | 0.13% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.3% | 1.54% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.3% | 0.39% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -2.0% | 0.57% | −0.03 |
| XSVM Invesco S&P Smallcap Value W | Reduce -0.7% | 0.70% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.5% | 1.12% | −0.02 |
| IAU iShares Gold Trust | Reduce -12.3% | 0.19% | −0.01 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -3.0% | 0.14% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 1.23% | +0.24 |
| GOOGL Alphabet Inc. Class A | Reduce -0.2% | 2.52% | +0.50 |
Portfolio Buys Q2 2025 → Q3 2025
| USFR Wisdomtree Floating Rate Tre | Add +30.6% | 9.50% | +1.47 |
| IAUM iShares Gold Trust Micro | Add +3.8% | 5.07% | +0.45 |
| AAPL Apple Inc. | Add +12.6% | 1.34% | +0.28 |
| NVDA Nvidia Corp. | Add +2.7% | 2.31% | +0.21 |
| AVGO Broadcom Inc. | New | 0.15% | +0.15 |
| SIL Global X Silver Miners ETF | New | 0.13% | +0.13 |
| AZO AutoZone Inc. | Add +13.2% | 0.77% | +0.12 |
| ORCL Oracle Corp. | New | 0.12% | +0.12 |
| NFLX Netflix Inc. | New | 0.12% | +0.12 |
| TSLA Tesla Inc. | Add +16.2% | 0.20% | +0.07 |
| QQQM Invesco Nasdaq 100 ETF | Add +11.0% | 0.66% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +25.3% | 0.36% | +0.06 |
| SCHD Schwab US DVD Equity ETF | Add +9.2% | 2.01% | +0.04 |
| HD Home Depot Inc. | Add +3.5% | 0.91% | +0.03 |
| GE General Electric | Add +10.1% | 0.21% | +0.03 |
| META Meta Platforms Inc. Class A | Add +11.9% | 1.73% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +9.1% | 0.21% | +0.01 |
| DHR Danaher Corp. | Add +2.8% | 0.13% | −0.01 |
| PGR Progressive Corp. | Add +10.8% | 0.16% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.54% | −0.01 |
| LIN Linde PLC | Add +1.9% | 0.43% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Add +1.0% | 1.19% | −0.05 |
| COST Costco Wholesale Corp. | Add +2.6% | 0.36% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.1% | 1.66% | −0.07 |
| BRO Brown & Brown Inc. | Add +13.1% | 0.50% | −0.08 |
| AJG Arthur J Gallagher & Co. | Add +4.3% | 0.82% | −0.08 |
| SHW The Sherwin-Williams Co. | Add +0.1% | 0.85% | −0.08 |
| RSG Republic Services Inc. | Add +7.8% | 0.89% | −0.09 |
| SYK Stryker Corp. | Add +2.3% | 0.81% | −0.13 |
| V Visa Inc. Class A | Add +3.5% | 1.43% | −0.16 |
| AMZN Amazon.com Inc. | Add +4.1% | 4.15% | −0.25 |
| VOO Vanguard S&P 500 ETF | Add +0.9% | 20.18% | −0.29 |
| MSFT Microsoft Corp. | Add +0.8% | 5.94% | −0.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 69 | $195.1M | VOO, USFR, VO, IVV, IAUM |
| Q1 2026 | 63 | $165.5M | VOO, VO, IAUM, IVV, USFR |
| Q4 2025 | 60 | $170.7M | VOO, IVV, MSFT, VO, IAUM |
| Q3 2025 | 61 | $172.0M | VOO, USFR, IVV, MSFT, VO |
| Q2 2025 | 58 | $155.8M | VOO, USFR, IVV, MSFT, VO |
| Q1 2025 | 56 | $136.0M | VOO, USFR, VO, MSFT, AMZN |
| Q4 2024 | 59 | $141.9M | VOO, USFR, VO, MSFT, AMZN |
| Q3 2024 | 55 | $133.4M | VOO, USFR, VO, MSFT, IVV |
| Q2 2024 | 55 | $132.8M | VOO, USFR, VO, MSFT, AMZN |
| Q1 2024 | 55 | $130.9M | VOO, USFR, VO, MSFT, GOOGL |