Shepherd Financial Partners LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Shepherd Financial Partners LLC reported 240 stock positions worth $946.1 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, 5.6%). Compared with Q1 2025, it opened 18 new positions, sold out of 8, added to 105 and reduced 81. The biggest buy was a new position in iShares U.S. Thematic Rotati (THRO) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- WINCHESTER, MA
- CIK
- 0001696628
- Portfolio Value
- $946.1M (Q2 2025)
- SEC Filing
- 0001085146-25-005028 ↗ filed Aug 13, 2025
Holdings Value
Holdings 240 stocks · $946.1M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.69% | 102,420 | $63.3M | Add +0.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.68% | 717,485 | $53.7M | Add +1.3% |
| IEFA iShares Core MSCI Eafe ETF | 5.60% | 635,250 | $53.0M | Add +4.5% |
| QUAL iShares MSCI USA Quality Fac | 3.99% | 206,335 | $37.7M | Reduce -4.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.88% | 385,186 | $36.7M | Reduce -3.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 3.80% | 659,396 | $35.9M | Add +12.8% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 3.06% | 1,089,728 | $29.0M | Add +45.0% |
| IVV iShares Core S&P 500 ETF | 2.96% | 45,089 | $28.0M | Reduce -44.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.86% | 517,826 | $27.1M | Add +16.5% |
| AAPL Apple Inc. | 2.60% | 119,815 | $24.6M | Reduce -4.5% |
| MSFT Microsoft Corp. | 2.13% | 40,560 | $20.2M | Reduce -0.3% |
| IEMG iShares Core MSCI Emerging | 2.04% | 321,916 | $19.3M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 1.97% | 84,941 | $18.6M | Reduce -2.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.68% | 373,523 | $15.9M | Add +0.3% |
| IYW iShares Ustechnology ETF | 1.66% | 90,776 | $15.7M | Add +2.9% |
| NVDA Nvidia Corp. | 1.64% | 98,335 | $15.5M | Add +1.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.62% | 281,857 | $15.3M | Add +2.4% |
| OEF iShares S&P 100 ETF | 1.59% | 49,471 | $15.1M | Add +48.1% |
| JPM JPMorgan Chase & Co. | 1.47% | 48,068 | $13.9M | Reduce -0.1% |
| IWO iShares Russell 2000 Growth | 1.33% | 43,889 | $12.5M | Reduce -8.8% |
| THRO iShares U.S. Thematic Rotati | 1.27% | 338,479 | $12.0M | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.23% | 59,836 | $11.7M | Reduce -11.2% |
| GOOG Alphabet Inc. Class C | 1.16% | 61,868 | $11.0M | Add +0.4% |
| XLK SS Technology Select Sector | 1.14% | 42,651 | $10.8M | Add +0.6% |
| IAU iShares Gold Trust | 1.09% | 164,794 | $10.3M | Add +17.7% |
| DGRO iShares Core Dividend Growth | 1.07% | 158,631 | $10.1M | Add +8.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.06% | 189,081 | $10.0M | Add +10.8% |
| V Visa Inc. Class A | 1.03% | 27,413 | $9.7M | Add +0.2% |
| AVGO Broadcom Inc. | 1.00% | 34,189 | $9.4M | Add +15.8% |
| RSP Invesco S&P 500 Equal Weight | 0.93% | 48,286 | $8.8M | Reduce -23.8% |
| META Meta Platforms Inc. Class A | 0.89% | 11,347 | $8.4M | Reduce -2.8% |
| MTUM iShares MSCI USA Momentum Fa | 0.88% | 34,599 | $8.3M | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.80% | 9,729 | $7.6M | Add +2.3% |
| BAI Ishrs AI in and Tech Act ETF | 0.77% | 253,799 | $7.3M | New |
| RTX RTX Corp. | 0.76% | 49,011 | $7.2M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 0.74% | 39,495 | $7.0M | Add +2.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.73% | 94,828 | $6.9M | Add +4.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.72% | 12,416 | $6.8M | Reduce -3.6% |
| PGR Progressive Corp. | 0.57% | 20,191 | $5.4M | Reduce -4.9% |
| BLK BlackRock Inc. | 0.56% | 5,012 | $5.3M | Add +1.1% |
| WMT Walmart Inc. | 0.51% | 49,552 | $4.8M | Reduce -1.1% |
| BX Blackstone Inc. | 0.51% | 32,368 | $4.8M | Add +2.7% |
| ABBV Abbvie Inc. | 0.51% | 25,888 | $4.8M | Add +1.1% |
| HON Honeywell International Inc. | 0.46% | 18,888 | $4.4M | Add +1.4% |
| VXUS Vanguard Total Intl Stock | 0.45% | 62,299 | $4.3M | Add +16.2% |
| MBB iShares MBS ETF | 0.43% | 43,793 | $4.1M | Add +5.1% |
| GS Goldman Sachs Group Inc. | 0.43% | 5,774 | $4.1M | Add +1.3% |
| VLO Valero Energy Corp. | 0.41% | 29,036 | $3.9M | Reduce -2.9% |
| KO The Coca-Cola Co. | 0.41% | 54,724 | $3.9M | Reduce -0.3% |
| EMB iShares JP Morgan Usd Emergi | 0.40% | 41,114 | $3.8M | Add +5.0% |
| VEA Vanguard Ftse Developed ETF | 0.40% | 65,928 | $3.8M | Reduce -18.8% |
| LMT Lockheed Martin Corp. | 0.38% | 7,818 | $3.6M | Add +1.3% |
| DUK Duke Energy Corp. | 0.38% | 30,237 | $3.6M | Add +0.6% |
| HD Home Depot Inc. | 0.37% | 9,549 | $3.5M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.37% | 3,523 | $3.5M | Add +1.3% |
| CRH CRH PLC | 0.33% | 33,757 | $3.1M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.32% | 19,100 | $3.0M | Add +2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 60,090 | $2.8M | Add +48.3% |
| SUSA iShares ESG Optimized MSCI U | 0.30% | 22,360 | $2.8M | Reduce -0.7% |
| MCD McDonald's Corp. | 0.29% | 9,451 | $2.8M | Add +2.8% |
| MRK Merck & Co. Inc. | 0.28% | 33,636 | $2.7M | Reduce -6.4% |
| TSLA Tesla Inc. | 0.27% | 7,994 | $2.5M | Reduce -8.3% |
| CAT Caterpillar Inc. | 0.27% | 6,481 | $2.5M | Add +0.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.26% | 30,292 | $2.5M | Add +2.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.26% | 13,783 | $2.4M | Reduce -3.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.26% | 20,875 | $2.4M | Reduce -6.3% |
| VNQ Vanguard Real Estate ETF | 0.25% | 26,542 | $2.4M | Reduce -20.2% |
| BSX Boston Scientific Corp. | 0.25% | 21,922 | $2.4M | Add +2.6% |
| NEE Nextera Energy Inc. | 0.25% | 33,662 | $2.3M | Reduce -0.3% |
| SBUX Starbucks Corp. | 0.24% | 24,330 | $2.2M | Add +1.8% |
| ORCL Oracle Corp. | 0.23% | 10,005 | $2.2M | Add +25.8% |
| SHV iShares 0-1 Year Treasury Bo | 0.23% | 19,742 | $2.2M | Reduce -3.1% |
| CRM Salesforce Inc. | 0.23% | 7,982 | $2.2M | Reduce -4.9% |
| EOG EOG Resources Inc. | 0.23% | 18,146 | $2.2M | Add +2.2% |
| KRE SS SPDR S&P Regional Bank | 0.23% | 36,422 | $2.2M | Add +2.8% |
| HIMU iShares High Yild Muni A ETF | 0.23% | 44,209 | $2.1M | Add +62.4% |
| MA Mastercard Inc. Class A | 0.23% | 3,805 | $2.1M | Add +0.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.22% | 4,086 | $2.1M | Add +4.9% |
| ADBE Adobe Inc. | 0.22% | 5,369 | $2.1M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.21% | 12,311 | $2.0M | Reduce -0.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 20,790 | $2.0M | Reduce -12.9% |
| ACN Accenture PLC Class A | 0.20% | 6,323 | $1.9M | Add +2.3% |
| DHR Danaher Corp. | 0.19% | 9,142 | $1.8M | Add +1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 3,714 | $1.8M | Add +13.3% |
| LPLA LPL Financial Holdings Inc. | 0.19% | 4,755 | $1.8M | No change |
| XLP SS Consumer Staples Sel Sect | 0.19% | 21,966 | $1.8M | Add +1.7% |
| XOM Exxon Mobil Corp. | 0.19% | 16,316 | $1.8M | Add +142.5% |
| COR Cencora Inc. | 0.18% | 5,652 | $1.7M | Add +0.3% |
| JNJ Johnson & Johnson | 0.18% | 10,893 | $1.7M | Add +1.7% |
| DLR Digital Realty Trust Inc. | 0.17% | 9,344 | $1.6M | Reduce -8.3% |
| ED Consolidated Edison Inc. | 0.15% | 14,494 | $1.5M | Add +4.7% |
| ZTS Zoetis Inc. | 0.15% | 9,261 | $1.4M | Reduce -1.2% |
| BSV Vanguard Short-Term Bond ETF | 0.15% | 18,230 | $1.4M | Reduce -29.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 21,309 | $1.4M | No change |
| ESGV Vanguard ESG US Stock ETF | 0.15% | 12,933 | $1.4M | No change |
| XLY SS Consumer Disc Select Sect | 0.14% | 6,019 | $1.3M | Reduce -1.9% |
| DE Deere & Co. | 0.14% | 2,568 | $1.3M | Add +0.6% |
| ETR Entergy Corp. | 0.14% | 15,581 | $1.3M | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.14% | 2,937 | $1.3M | No change |
| SPGI S&P Global Inc. | 0.14% | 2,425 | $1.3M | Add +0.7% |
Portfolio Sells Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | Reduce -44.1% | 2.96% | −2.36 |
| AAPL Apple Inc. | Reduce -4.5% | 2.60% | −0.67 |
| RSP Invesco S&P 500 Equal Weight | Reduce -23.8% | 0.93% | −0.36 |
| QUAL iShares MSCI USA Quality Fac | Reduce -4.2% | 3.99% | −0.33 |
| UNH Unitedhealth Group Inc. | Reduce -76.5% | 0.05% | −0.31 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -11.2% | 1.23% | −0.24 |
| PGR Progressive Corp. | Reduce -4.9% | 0.57% | −0.14 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.13 |
| IWO iShares Russell 2000 Growth | Reduce -8.8% | 1.33% | −0.12 |
| VNQ Vanguard Real Estate ETF | Reduce -20.2% | 0.25% | −0.10 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -6.4% | 0.28% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -18.8% | 0.40% | −0.09 |
| BSV Vanguard Short-Term Bond ETF | Reduce -29.1% | 0.15% | −0.08 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.08 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.07 |
| MINT PIMCO Enhanced Short Maturit | Reduce -62.0% | 0.03% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -41.2% | 0.06% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -12.9% | 0.21% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -52.3% | 0.04% | −0.05 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.41% | −0.05 |
| VLO Valero Energy Corp. | Reduce -2.9% | 0.41% | −0.05 |
| TIP iShares Tips Bond ETF | Reduce -31.6% | 0.06% | −0.04 |
| LULU Lululemon Athletica Inc. | Reduce -8.0% | 0.09% | −0.04 |
| CRM Salesforce Inc. | Reduce -4.9% | 0.23% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -19.0% | 0.13% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -3.1% | 0.23% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -0.3% | 0.25% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.2% | 0.26% | −0.03 |
| ZTS Zoetis Inc. | Reduce -1.2% | 0.15% | −0.03 |
| SRPT Sarepta Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -24.5% | 0.07% | −0.03 |
| POR Portland General Electric Co. | Sold out | 0.00% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.02 |
| MPLX MPLX LP | Sold out | 0.00% | −0.02 |
| ADBE Adobe Inc. | Reduce -0.1% | 0.22% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.3% | 0.04% | −0.02 |
| COP Conocophillips | Reduce -2.1% | 0.06% | −0.02 |
| XLE SS Energy Select Sector | Reduce -15.4% | 0.04% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -15.7% | 0.06% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -0.5% | 0.21% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -8.9% | 0.07% | −0.02 |
| AMGN Amgen Inc. | Reduce -9.4% | 0.04% | −0.01 |
| SO The Southern Co. | Reduce -3.5% | 0.09% | −0.01 |
| STAG Stag Industrial Inc. | Reduce -8.6% | 0.07% | −0.01 |
| BILL Bill Holdings Inc. | Reduce -3.2% | 0.08% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -6.3% | 0.26% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -2.0% | 0.09% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -0.8% | 2.04% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -18.6% | 0.04% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| THRO iShares U.S. Thematic Rotati | New | 1.27% | +1.27 |
| BAI Ishrs AI in and Tech Act ETF | New | 0.77% | +0.77 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +45.0% | 3.06% | +0.66 |
| OEF iShares S&P 100 ETF | Add +48.1% | 1.59% | +0.53 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +12.8% | 3.80% | +0.45 |
| AVGO Broadcom Inc. | Add +15.8% | 1.00% | +0.42 |
| NVDA Nvidia Corp. | Add +1.2% | 1.64% | +0.41 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.5% | 5.60% | +0.21 |
| IYW iShares Ustechnology ETF | Add +2.9% | 1.66% | +0.21 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +16.5% | 2.86% | +0.20 |
| IAU iShares Gold Trust | Add +17.7% | 1.09% | +0.12 |
| XLK SS Technology Select Sector | Add +0.6% | 1.14% | +0.12 |
| PLTR Palantir Technologies Inc. Class A | New | 0.11% | +0.11 |
| BAC Bank of America Corp. | Add +48.3% | 0.30% | +0.10 |
| ORCL Oracle Corp. | Add +25.8% | 0.23% | +0.10 |
| XOM Exxon Mobil Corp. | Add +142.5% | 0.19% | +0.09 |
| HIMU iShares High Yild Muni A ETF | Add +62.4% | 0.23% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +1.3% | 0.43% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +16.2% | 0.45% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4.9% | 0.22% | +0.06 |
| EPD Enterprise Products Partners | New | 0.05% | +0.05 |
| NFLX Netflix Inc. | Add +77.4% | 0.08% | +0.04 |
| ENB Enbridge Inc. | New | 0.04% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +2.6% | 0.74% | +0.04 |
| KBWB Invesco KBW Bank ETF | New | 0.04% | +0.04 |
| VEEV Veeva Systems Inc. Class A | New | 0.03% | +0.03 |
| MUB iShares National Muni Bond E | New | 0.03% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 1.16% | +0.03 |
| CCJ Cameco Corp. | New | 0.03% | +0.03 |
| HDV iShares Core High Dividend E | New | 0.03% | +0.03 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.3% | 5.68% | +0.03 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +4.0% | 0.73% | +0.03 |
| CEG Constellation Energy | Add +28.8% | 0.05% | +0.02 |
| SNOW Snowflake Inc. | Add +0.9% | 0.09% | +0.02 |
| VZ Verizon Communications Inc. | New | 0.02% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | New | 0.02% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | New | 0.02% | +0.02 |
| ZION Zions Bancorp NA | New | 0.02% | +0.02 |
| IGM iShares Expanded Tech Sector | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | Add +0.1% | 0.27% | +0.02 |
| ET Energy Transfer LP | Add +60.3% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +1.9% | 0.07% | +0.01 |
| OKE Oneok Inc. | Add +95.7% | 0.04% | +0.01 |
| LRCX Lam Research Corp. | Add +0.9% | 0.06% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +0.1% | 0.10% | +0.01 |
| AMAT Applied Materials Inc. | Add +2.8% | 0.06% | +0.01 |
| DIS The Walt Disney Co. | Add +5.0% | 0.05% | +0.01 |
| DGRO iShares Core Dividend Growth | Add +8.0% | 1.07% | +0.01 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +10.8% | 1.06% | +0.01 |
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 |