Shepherd Financial Partners LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 18, 2025), Shepherd Financial Partners LLC reported 230 stock positions worth $852.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.7% of the portfolio, followed by SS SPDR P S&P 1500 Comp ETF (SPTM, 5.7%) and iShares Core MSCI Eafe ETF (IEFA, 5.4%). Compared with Q4 2024, it opened 20 new positions, sold out of 10, added to 128 and reduced 50. The biggest buy was iShares MSCI USA Quality Fac (QUAL, shares +1447%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- WINCHESTER, MA
- CIK
- 0001696628
- Portfolio Value
- $852.8M (Q1 2025)
- SEC Filing
- 0001085146-25-002194 ↗ filed Apr 18, 2025
Holdings Value
Holdings 230 stocks · $852.8M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.68% | 101,902 | $57.0M | Reduce -49.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.65% | 708,605 | $48.2M | Reduce -52.3% |
| IEFA iShares Core MSCI Eafe ETF | 5.39% | 607,864 | $46.0M | Reduce -11.5% |
| IVV iShares Core S&P 500 ETF | 5.32% | 80,707 | $45.3M | Add +210.1% |
| QUAL iShares MSCI USA Quality Fac | 4.31% | 215,280 | $36.8M | Add +1446.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.77% | 399,967 | $32.1M | Add +976.9% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 3.34% | 584,390 | $28.5M | New |
| AAPL Apple Inc. | 3.27% | 125,455 | $27.9M | Add +6.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.66% | 444,575 | $22.7M | New |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.40% | 751,414 | $20.5M | Add +98.0% |
| IEMG iShares Core MSCI Emerging | 2.05% | 324,418 | $17.5M | Reduce -28.9% |
| AMZN Amazon.com Inc. | 1.94% | 86,996 | $16.6M | Add +5.2% |
| MSFT Microsoft Corp. | 1.79% | 40,668 | $15.3M | Add +9.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.78% | 372,362 | $15.2M | Add +735.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.65% | 275,302 | $14.1M | Add +2554.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.47% | 67,364 | $12.5M | Reduce -63.2% |
| IYW iShares Ustechnology ETF | 1.45% | 88,240 | $12.4M | New |
| IWO iShares Russell 2000 Growth | 1.44% | 48,122 | $12.3M | Reduce -61.8% |
| JPM JPMorgan Chase & Co. | 1.38% | 48,114 | $11.8M | Add +2.0% |
| RSP Invesco S&P 500 Equal Weight | 1.29% | 63,357 | $11.0M | Reduce -66.0% |
| NVDA Nvidia Corp. | 1.23% | 97,162 | $10.5M | Add +14.6% |
| GOOG Alphabet Inc. Class C | 1.13% | 61,643 | $9.6M | Add +2.5% |
| V Visa Inc. Class A | 1.12% | 27,359 | $9.6M | Add +2.6% |
| DGRO iShares Core Dividend Growth | 1.06% | 146,868 | $9.1M | Reduce -0.4% |
| OEF iShares S&P 100 ETF | 1.06% | 33,403 | $9.0M | New |
| BINC iShares Flex I A ETF-Usd Inc. | 1.05% | 170,673 | $8.9M | New |
| XLK SS Technology Select Sector | 1.03% | 42,395 | $8.8M | Add +1.9% |
| IAU iShares Gold Trust | 0.97% | 140,023 | $8.3M | Add +1238.9% |
| LLY Eli Lilly & Co. | 0.92% | 9,507 | $7.9M | Add +3.8% |
| MTUM iShares MSCI USA Momentum Fa | 0.84% | 35,580 | $7.2M | New |
| META Meta Platforms Inc. Class A | 0.79% | 11,672 | $6.7M | Add +2.6% |
| RTX RTX Corp. | 0.76% | 48,750 | $6.5M | Add +1.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.71% | 12,887 | $6.0M | Add +4.7% |
| PGR Progressive Corp. | 0.70% | 21,235 | $6.0M | Add +4.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.70% | 91,148 | $6.0M | Reduce -2.3% |
| GOOGL Alphabet Inc. Class A | 0.70% | 38,495 | $6.0M | Add +21.9% |
| ABBV Abbvie Inc. | 0.63% | 25,602 | $5.4M | Add +1.9% |
| AVGO Broadcom Inc. | 0.58% | 29,520 | $4.9M | Add +3.1% |
| BLK BlackRock Inc. | 0.55% | 4,955 | $4.7M | Add +2.7% |
| BX Blackstone Inc. | 0.52% | 31,515 | $4.4M | Add +2.4% |
| WMT Walmart Inc. | 0.52% | 50,106 | $4.4M | Add +2.8% |
| VEA Vanguard Ftse Developed ETF | 0.48% | 81,153 | $4.1M | Reduce -4.7% |
| VLO Valero Energy Corp. | 0.46% | 29,912 | $4.0M | Add +4.3% |
| HON Honeywell International Inc. | 0.46% | 18,630 | $3.9M | Add +4.0% |
| KO The Coca-Cola Co. | 0.46% | 54,902 | $3.9M | Add +0.2% |
| MBB iShares MBS ETF | 0.46% | 41,659 | $3.9M | New |
| DUK Duke Energy Corp. | 0.43% | 30,048 | $3.7M | Add +4.3% |
| EMB iShares JP Morgan Usd Emergi | 0.42% | 39,170 | $3.5M | New |
| HD Home Depot Inc. | 0.41% | 9,505 | $3.5M | Add +1.5% |
| LMT Lockheed Martin Corp. | 0.40% | 7,719 | $3.4M | Reduce -18.6% |
| VXUS Vanguard Total Intl Stock | 0.39% | 53,608 | $3.3M | Add +13.9% |
| COST Costco Wholesale Corp. | 0.39% | 3,478 | $3.3M | Add +3.9% |
| MRK Merck & Co. Inc. | 0.38% | 35,945 | $3.2M | Reduce -11.0% |
| PG The Procter & Gamble Co. | 0.37% | 18,711 | $3.2M | Add +2.8% |
| GS Goldman Sachs Group Inc. | 0.37% | 5,700 | $3.1M | Add +5.3% |
| UNH Unitedhealth Group Inc. | 0.36% | 5,811 | $3.0M | Add +0.6% |
| VNQ Vanguard Real Estate ETF | 0.35% | 33,245 | $3.0M | Reduce -62.5% |
| CRH CRH PLC | 0.34% | 33,233 | $2.9M | Add +2.2% |
| MCD McDonald's Corp. | 0.34% | 9,194 | $2.9M | Add +2.2% |
| SUSA iShares ESG Optimized MSCI U | 0.30% | 22,511 | $2.6M | Reduce -16.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 14,245 | $2.5M | Reduce -1.9% |
| NEE Nextera Energy Inc. | 0.28% | 33,745 | $2.4M | Add +4.2% |
| SBUX Starbucks Corp. | 0.28% | 23,906 | $2.3M | Add +1.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 29,686 | $2.3M | Add +7.3% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.27% | 22,284 | $2.3M | Reduce -13.6% |
| EOG EOG Resources Inc. | 0.27% | 17,760 | $2.3M | Add +3.8% |
| TSLA Tesla Inc. | 0.27% | 8,720 | $2.3M | Add +4.4% |
| CRM Salesforce Inc. | 0.26% | 8,392 | $2.3M | Add +0.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.26% | 20,381 | $2.3M | Reduce -10.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.26% | 23,881 | $2.2M | Add +4.9% |
| BSX Boston Scientific Corp. | 0.25% | 21,371 | $2.2M | Reduce -6.0% |
| CAT Caterpillar Inc. | 0.25% | 6,473 | $2.1M | Add +9.8% |
| MA Mastercard Inc. Class A | 0.24% | 3,777 | $2.1M | Add +5.3% |
| ADBE Adobe Inc. | 0.24% | 5,373 | $2.1M | Add +5.1% |
| KRE SS SPDR S&P Regional Bank | 0.24% | 35,441 | $2.0M | Add +6.0% |
| BSV Vanguard Short-Term Bond ETF | 0.24% | 25,703 | $2.0M | Reduce -74.7% |
| ACN Accenture PLC Class A | 0.23% | 6,179 | $1.9M | Add +0.0% |
| QCOM Qualcomm Inc. | 0.22% | 12,374 | $1.9M | Add +2.9% |
| DHR Danaher Corp. | 0.22% | 8,993 | $1.8M | Add +1.6% |
| JNJ Johnson & Johnson | 0.21% | 10,714 | $1.8M | Reduce -0.4% |
| XLP SS Consumer Staples Sel Sect | 0.21% | 21,605 | $1.8M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 3,277 | $1.7M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 40,514 | $1.7M | Add +3.5% |
| COR Cencora Inc. | 0.18% | 5,638 | $1.6M | Add +3.6% |
| LPLA LPL Financial Holdings Inc. | 0.18% | 4,755 | $1.6M | Reduce -65.4% |
| ZTS Zoetis Inc. | 0.18% | 9,377 | $1.5M | Add +4.9% |
| ED Consolidated Edison Inc. | 0.18% | 13,848 | $1.5M | Add +1.5% |
| DLR Digital Realty Trust Inc. | 0.17% | 10,184 | $1.5M | Add +4.1% |
| VWO Vanguard Ftse Emerging Marke | 0.17% | 31,477 | $1.4M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.16% | 3,895 | $1.4M | Add +3.3% |
| HIMU iShares High Yild Muni A ETF | 0.16% | 27,226 | $1.3M | New |
| ETR Entergy Corp. | 0.16% | 15,560 | $1.3M | Add +5.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 21,309 | $1.3M | Reduce -42.9% |
| ESGV Vanguard ESG US Stock ETF | 0.15% | 12,933 | $1.3M | No change |
| FISV Fiserv Inc. | 0.15% | 5,652 | $1.2M | Reduce -1.7% |
| SPGI S&P Global Inc. | 0.14% | 2,408 | $1.2M | Add +4.5% |
| XLY SS Consumer Disc Select Sect | 0.14% | 6,138 | $1.2M | Add +1.9% |
| ICE Intercontinental Exchange Inc. | 0.14% | 6,967 | $1.2M | Add +5.7% |
| DE Deere & Co. | 0.14% | 2,553 | $1.2M | Add +4.1% |
| PEP Pepsico Inc. | 0.13% | 7,612 | $1.1M | Reduce -0.9% |
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -49.8% | 6.68% | −7.54 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -52.3% | 5.65% | −7.04 |
| IWO iShares Russell 2000 Growth | Reduce -61.8% | 1.44% | −2.90 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -63.2% | 1.47% | −2.87 |
| RSP Invesco S&P 500 Equal Weight | Reduce -66.0% | 1.29% | −2.62 |
| IEMG iShares Core MSCI Emerging | Reduce -28.9% | 2.05% | −0.80 |
| BSV Vanguard Short-Term Bond ETF | Reduce -74.7% | 0.24% | −0.70 |
| VNQ Vanguard Real Estate ETF | Reduce -62.5% | 0.35% | −0.59 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -11.5% | 5.39% | −0.38 |
| LPLA LPL Financial Holdings Inc. | Reduce -65.4% | 0.18% | −0.35 |
| LMT Lockheed Martin Corp. | Reduce -18.6% | 0.40% | −0.15 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -42.9% | 0.15% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -11.0% | 0.38% | −0.10 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.10 |
| SUSA iShares ESG Optimized MSCI U | Reduce -16.6% | 0.30% | −0.09 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -13.6% | 0.27% | −0.07 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -2.3% | 0.70% | −0.07 |
| TGT Target Corp. | Reduce -48.5% | 0.03% | −0.05 |
| TIP iShares Tips Bond ETF | Reduce -35.5% | 0.10% | −0.05 |
| ICSH iShares Ultra Short Duration | Reduce -31.0% | 0.10% | −0.05 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.04 |
| AMD Advanced Micro Devices | Reduce -16.3% | 0.09% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -10.0% | 0.26% | −0.03 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.03 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.03 |
| ZION Zions Bancorp NA | Sold out | 0.00% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.02 |
| OMC Omnicom Group | Sold out | 0.00% | −0.02 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.02 |
| PEG Public Service Enterprise GP | Sold out | 0.00% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -11.0% | 0.08% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -9.7% | 0.12% | −0.02 |
| DGRO iShares Core Dividend Growth | Reduce -0.4% | 1.06% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -12.9% | 0.10% | −0.02 |
| F Ford Motor Co. | Sold out | 0.00% | −0.01 |
| ESML iShares ESG Aware MSCI USA S | Reduce -6.7% | 0.06% | −0.01 |
| NKE Nike Inc. Class B | Reduce -15.7% | 0.02% | −0.01 |
| FDS Factset Research Systems Inc. | Reduce -14.6% | 0.04% | −0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -21.2% | 0.03% | −0.01 |
| UPS United Parcel Service Class B | Reduce -3.9% | 0.04% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -7.6% | 0.09% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.2% | 0.09% | −0.01 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -6.0% | 0.07% | −0.01 |
| ESGD iShares Trust iShares ESG Aw | Reduce -10.2% | 0.10% | −0.01 |
| PEP Pepsico Inc. | Reduce -0.9% | 0.13% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.5% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -4.6% | 0.04% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.9% | 0.29% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -9.4% | 0.07% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.7% | 0.48% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| QUAL iShares MSCI USA Quality Fac | Add +1446.9% | 4.31% | +4.02 |
| IVV iShares Core S&P 500 ETF | Add +210.1% | 5.32% | +3.49 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +976.9% | 3.77% | +3.38 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 3.34% | +3.34 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 2.66% | +2.66 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +2554.5% | 1.65% | +1.58 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +735.7% | 1.78% | +1.54 |
| IYW iShares Ustechnology ETF | New | 1.45% | +1.45 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +98.0% | 2.40% | +1.21 |
| OEF iShares S&P 100 ETF | New | 1.06% | +1.06 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 1.05% | +1.05 |
| IAU iShares Gold Trust | Add +1238.9% | 0.97% | +0.91 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.84% | +0.84 |
| MBB iShares MBS ETF | New | 0.46% | +0.46 |
| EMB iShares JP Morgan Usd Emergi | New | 0.42% | +0.42 |
| HIMU iShares High Yild Muni A ETF | New | 0.16% | +0.16 |
| PGR Progressive Corp. | Add +4.5% | 0.70% | +0.12 |
| V Visa Inc. Class A | Add +2.6% | 1.12% | +0.12 |
| ABBV Abbvie Inc. | Add +1.9% | 0.63% | +0.09 |
| RTX RTX Corp. | Add +1.7% | 0.76% | +0.09 |
| LLY Eli Lilly & Co. | Add +3.8% | 0.92% | +0.08 |
| VTIP Vanguard Short-Term Tips | New | 0.07% | +0.07 |
| SNOW Snowflake Inc. | New | 0.06% | +0.06 |
| DUK Duke Energy Corp. | Add +4.3% | 0.43% | +0.06 |
| VXUS Vanguard Total Intl Stock | Add +13.9% | 0.39% | +0.06 |
| UBER Uber Technologies Inc. | New | 0.06% | +0.06 |
| KO The Coca-Cola Co. | Add +0.2% | 0.46% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +109.8% | 0.10% | +0.05 |
| VLO Valero Energy Corp. | Add +4.3% | 0.46% | +0.04 |
| COR Cencora Inc. | Add +3.6% | 0.18% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| ED Consolidated Edison Inc. | Add +1.5% | 0.18% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 1.38% | +0.03 |
| CEG Constellation Energy | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +55.7% | 0.13% | +0.03 |
| INTC Intel Corp. | New | 0.03% | +0.03 |
| YUM Yum! Brands Inc. | New | 0.03% | +0.03 |
| LIN Linde PLC | New | 0.03% | +0.03 |
| AEP American Electric Power | New | 0.03% | +0.03 |
| MCD McDonald's Corp. | Add +2.2% | 0.34% | +0.03 |
| VFH Vanguard Financials ETF | New | 0.03% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +7.3% | 0.27% | +0.02 |
| ICE Intercontinental Exchange Inc. | Add +5.7% | 0.14% | +0.02 |
| MPLX MPLX LP | New | 0.02% | +0.02 |
| ETR Entergy Corp. | Add +5.7% | 0.16% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | Add +4.9% | 0.26% | +0.02 |
| COST Costco Wholesale Corp. | Add +3.9% | 0.39% | +0.02 |
| SBUX Starbucks Corp. | Add +1.7% | 0.28% | +0.02 |
| CVX Chevron Corp. | Add +8.1% | 0.09% | +0.02 |
| MA Mastercard Inc. Class A | Add +5.3% | 0.24% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 256 | $1.2B | IVV, SPY, SPTM, DYNF, IEFA |
| Q1 2026 | 240 | $1.1B | SPY, SPTM, IEFA, DYNF, IVV |
| Q4 2025 | 246 | $1.1B | SPY, SPTM, DYNF, SPYG, IEFA |
| Q3 2025 | 243 | $1.1B | SPY, SPTM, DYNF, IEFA, SPYG |
| Q2 2025 | 240 | $946.1M | SPY, SPTM, IEFA, QUAL, SPYG |
| Q1 2025 | 230 | $852.8M | SPY, SPTM, IEFA, IVV, QUAL |
| Q4 2024 | 220 | $836.3M | SPY, SPTM, IEFA, IWO, VBR |
| Q3 2024 | 216 | $831.4M | SPY, SPTM, IEFA, VBR, IWO |
| Q2 2024 | 214 | $775.5M | SPY, SPTM, IEFA, VBR, IWO |
| Q1 2024 | 215 | $764.0M | SPY, SPTM, IEFA, RSP, VBR |