Shepherd Financial Partners LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Shepherd Financial Partners LLC reported 243 stock positions worth $1.1 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.5% of the portfolio, followed by SS SPDR P S&P 1500 Comp ETF (SPTM, 5.6%) and Ishrs US E F R A ETF-Usd (DYNF, 4.3%). Compared with Q2 2025, it opened 9 new positions, sold out of 6, added to 87 and reduced 96. The biggest buy was iShares S&P 100 ETF (OEF, shares +81%) and the biggest sale iShares Core MSCI Eafe ETF (IEFA, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- WINCHESTER, MA
- CIK
- 0001696628
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001696628-25-000002 ↗ filed Nov 7, 2025
Holdings Value
Holdings 243 stocks · $1.1B
| SPY SS SPDR S&P 500 ETF Trust-US | 6.48% | 102,156 | $68.1M | Reduce -0.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.57% | 725,924 | $58.5M | Add +1.2% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.32% | 766,528 | $45.4M | Add +16.3% |
| IEFA iShares Core MSCI Eafe ETF | 4.10% | 493,012 | $43.0M | Reduce -22.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.71% | 373,074 | $39.0M | Reduce -3.1% |
| QUAL iShares MSCI USA Quality Fac | 3.45% | 186,240 | $36.2M | Reduce -9.7% |
| AAPL Apple Inc. | 3.20% | 131,935 | $33.6M | Add +10.1% |
| IEMG iShares Core MSCI Emerging | 3.14% | 499,937 | $33.0M | Add +55.3% |
| IVV iShares Core S&P 500 ETF | 2.87% | 45,020 | $30.1M | Reduce -0.1% |
| OEF iShares S&P 100 ETF | 2.84% | 89,517 | $29.8M | Add +81.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.83% | 537,900 | $29.8M | Add +3.9% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.61% | 1,018,887 | $27.5M | Reduce -6.5% |
| MSFT Microsoft Corp. | 2.00% | 40,538 | $21.0M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 1.77% | 84,920 | $18.6M | Reduce -0.0% |
| NVDA Nvidia Corp. | 1.74% | 97,976 | $18.3M | Reduce -0.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.63% | 369,104 | $17.1M | Reduce -1.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.57% | 288,393 | $16.5M | Add +2.3% |
| BAI Ishrs AI in and Tech Act ETF | 1.45% | 447,278 | $15.3M | Add +76.2% |
| GOOG Alphabet Inc. Class C | 1.44% | 62,329 | $15.2M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.44% | 48,091 | $15.2M | Add +0.1% |
| IAU iShares Gold Trust | 1.32% | 190,826 | $13.9M | Add +15.8% |
| IWO iShares Russell 2000 Growth | 1.31% | 42,928 | $13.7M | Reduce -2.2% |
| THRO iShares U.S. Thematic Rotati | 1.24% | 343,513 | $13.0M | Add +1.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.16% | 58,512 | $12.2M | Reduce -2.2% |
| XLK SS Technology Select Sector | 1.15% | 42,775 | $12.1M | Add +0.3% |
| AVGO Broadcom Inc. | 1.07% | 34,007 | $11.2M | Reduce -0.5% |
| DGRO iShares Core Dividend Growth | 1.02% | 157,259 | $10.7M | Reduce -0.9% |
| SHLD Global X Defense Tech ETF | 1.01% | 150,889 | $10.6M | New |
| GOOGL Alphabet Inc. Class A | 0.91% | 39,448 | $9.6M | Reduce -0.1% |
| V Visa Inc. Class A | 0.88% | 27,034 | $9.2M | Reduce -1.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.85% | 34,732 | $8.9M | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.78% | 11,190 | $8.2M | Reduce -1.4% |
| RTX RTX Corp. | 0.77% | 48,351 | $8.1M | Reduce -1.4% |
| RSP Invesco S&P 500 Equal Weight | 0.71% | 39,379 | $7.5M | Reduce -18.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.71% | 12,405 | $7.4M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.71% | 9,760 | $7.4M | Add +0.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.66% | 87,993 | $6.9M | Reduce -7.2% |
| SHV iShares 0-1 Year Treasury Bo | 0.64% | 60,616 | $6.7M | Add +207.0% |
| IYW iShares Ustechnology ETF | 0.61% | 32,803 | $6.4M | Reduce -63.9% |
| ABBV Abbvie Inc. | 0.57% | 26,021 | $6.0M | Add +0.5% |
| BLK BlackRock Inc. | 0.56% | 5,027 | $5.9M | Add +0.3% |
| HIMU iShares High Yild Muni A ETF | 0.55% | 117,085 | $5.8M | Add +164.8% |
| BX Blackstone Inc. | 0.53% | 32,858 | $5.6M | Add +1.5% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.51% | 100,390 | $5.3M | Reduce -46.9% |
| WMT Walmart Inc. | 0.49% | 49,602 | $5.1M | Add +0.1% |
| PGR Progressive Corp. | 0.47% | 20,162 | $5.0M | Reduce -0.1% |
| VLO Valero Energy Corp. | 0.47% | 29,017 | $4.9M | Reduce -0.1% |
| GS Goldman Sachs Group Inc. | 0.44% | 5,794 | $4.6M | Add +0.3% |
| VXUS Vanguard Total Intl Stock | 0.44% | 62,299 | $4.6M | No change |
| MBB iShares MBS ETF | 0.42% | 45,850 | $4.4M | Add +4.7% |
| PZA Invesco National Amt-Free Mu | 0.41% | 185,664 | $4.3M | New |
| CRH CRH PLC | 0.39% | 33,863 | $4.1M | Add +0.3% |
| EMB iShares JP Morgan Usd Emergi | 0.38% | 42,246 | $4.0M | Add +2.8% |
| VEA Vanguard Ftse Developed ETF | 0.38% | 66,216 | $4.0M | Add +0.4% |
| HON Honeywell International Inc. | 0.37% | 18,694 | $3.9M | Reduce -1.0% |
| LMT Lockheed Martin Corp. | 0.37% | 7,842 | $3.9M | Add +0.3% |
| HD Home Depot Inc. | 0.37% | 9,547 | $3.9M | Reduce -0.0% |
| SLV iShares Silver Trust | 0.35% | 87,562 | $3.7M | New |
| KO The Coca-Cola Co. | 0.35% | 55,043 | $3.7M | Add +0.6% |
| DUK Duke Energy Corp. | 0.34% | 28,930 | $3.6M | Reduce -4.3% |
| TSLA Tesla Inc. | 0.34% | 8,026 | $3.6M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.31% | 3,508 | $3.2M | Reduce -0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 60,279 | $3.1M | Add +0.3% |
| CAT Caterpillar Inc. | 0.29% | 6,480 | $3.1M | Reduce -0.0% |
| SUSA iShares ESG Optimized MSCI U | 0.28% | 21,797 | $3.0M | Reduce -2.5% |
| PG The Procter & Gamble Co. | 0.28% | 19,097 | $2.9M | Reduce -0.0% |
| ORCL Oracle Corp. | 0.28% | 10,396 | $2.9M | Add +3.9% |
| MCD McDonald's Corp. | 0.27% | 9,486 | $2.9M | Add +0.4% |
| MRK Merck & Co. Inc. | 0.26% | 32,559 | $2.7M | Reduce -3.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.25% | 30,259 | $2.6M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 13,790 | $2.6M | Add +0.1% |
| NEE Nextera Energy Inc. | 0.24% | 33,129 | $2.5M | Reduce -1.6% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.24% | 19,665 | $2.5M | Reduce -5.8% |
| KRE SS SPDR S&P Regional Bank | 0.23% | 37,604 | $2.4M | Add +3.3% |
| ADBE Adobe Inc. | 0.22% | 6,595 | $2.3M | Add +22.8% |
| MA Mastercard Inc. Class A | 0.21% | 3,795 | $2.2M | Reduce -0.3% |
| BSX Boston Scientific Corp. | 0.20% | 21,916 | $2.1M | Reduce -0.0% |
| VNQ Vanguard Real Estate ETF | 0.20% | 22,956 | $2.1M | Reduce -13.5% |
| SBUX Starbucks Corp. | 0.20% | 24,360 | $2.1M | Add +0.1% |
| QCOM Qualcomm Inc. | 0.19% | 12,261 | $2.0M | Reduce -0.4% |
| EOG EOG Resources Inc. | 0.19% | 18,008 | $2.0M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 4,082 | $2.0M | Reduce -0.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.19% | 20,654 | $2.0M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.18% | 17,204 | $1.9M | Add +5.4% |
| JNJ Johnson & Johnson | 0.18% | 10,436 | $1.9M | Reduce -4.2% |
| CRM Salesforce Inc. | 0.18% | 7,926 | $1.9M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 3,732 | $1.9M | Add +0.5% |
| COR Cencora Inc. | 0.17% | 5,592 | $1.7M | Reduce -1.1% |
| DHR Danaher Corp. | 0.16% | 8,724 | $1.7M | Reduce -4.6% |
| XLP SS Consumer Staples Sel Sect | 0.16% | 21,843 | $1.7M | Reduce -0.6% |
| DLR Digital Realty Trust Inc. | 0.15% | 9,283 | $1.6M | Reduce -0.7% |
| LPLA LPL Financial Holdings Inc. | 0.15% | 4,755 | $1.6M | No change |
| ESGV Vanguard ESG US Stock ETF | 0.15% | 12,933 | $1.5M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.14% | 21,309 | $1.5M | No change |
| ACN Accenture PLC Class A | 0.14% | 6,068 | $1.5M | Reduce -4.0% |
| ED Consolidated Edison Inc. | 0.14% | 14,729 | $1.5M | Add +1.6% |
| ETR Entergy Corp. | 0.14% | 15,657 | $1.5M | Add +0.5% |
| XLY SS Consumer Disc Select Sect | 0.14% | 6,019 | $1.4M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 26,429 | $1.4M | Add +3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.14% | 7,780 | $1.4M | Add +1.6% |
Portfolio Sells Q2 2025 → Q3 2025
| IEFA iShares Core MSCI Eafe ETF | Reduce -22.4% | 4.10% | −1.51 |
| IYW iShares Ustechnology ETF | Reduce -63.9% | 0.61% | −1.05 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -46.9% | 0.51% | −0.55 |
| QUAL iShares MSCI USA Quality Fac | Reduce -9.7% | 3.45% | −0.54 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -6.5% | 2.61% | −0.45 |
| RSP Invesco S&P 500 Equal Weight | Reduce -18.4% | 0.71% | −0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.3% | 6.48% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 1.77% | −0.20 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -3.1% | 3.71% | −0.17 |
| V Visa Inc. Class A | Reduce -1.4% | 0.88% | −0.15 |
| MSFT Microsoft Corp. | Reduce -0.1% | 2.00% | −0.13 |
| DE Deere & Co. | Reduce -77.7% | 0.02% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -1.4% | 0.78% | −0.10 |
| PGR Progressive Corp. | Reduce -0.1% | 0.47% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 2.87% | −0.09 |
| HON Honeywell International Inc. | Reduce -1.0% | 0.37% | −0.09 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.09 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.2% | 0.66% | −0.07 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.2% | 1.16% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -0.4% | 0.31% | −0.06 |
| ACN Accenture PLC Class A | Reduce -4.0% | 0.14% | −0.06 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -1.2% | 1.63% | −0.05 |
| DGRO iShares Core Dividend Growth | Reduce -0.9% | 1.02% | −0.05 |
| CRM Salesforce Inc. | Reduce -0.7% | 0.18% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -13.5% | 0.20% | −0.05 |
| BSX Boston Scientific Corp. | Reduce -0.0% | 0.20% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -0.0% | 0.28% | −0.04 |
| EOG EOG Resources Inc. | Reduce -0.8% | 0.19% | −0.04 |
| DUK Duke Energy Corp. | Reduce -4.3% | 0.34% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -15.2% | 0.12% | −0.04 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.1% | 0.19% | −0.03 |
| TGT Target Corp. | Sold out | 0.00% | −0.03 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.03 |
| DHR Danaher Corp. | Reduce -4.6% | 0.16% | −0.03 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.6% | 0.16% | −0.03 |
| ZTS Zoetis Inc. | Reduce -1.1% | 0.13% | −0.03 |
| COP Conocophillips | Reduce -38.7% | 0.03% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -0.5% | 0.11% | −0.02 |
| TIP iShares Tips Bond ETF | Reduce -34.6% | 0.03% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -32.8% | 0.05% | −0.02 |
| ICSH iShares Ultra Short Duration | Reduce -19.6% | 0.06% | −0.02 |
| SPGI S&P Global Inc. | Reduce -0.1% | 0.11% | −0.02 |
| AEP American Electric Power | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.2% | 0.26% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -5.8% | 0.24% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 0.21% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -0.7% | 0.15% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.7% | 0.19% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| OEF iShares S&P 100 ETF | Add +81.0% | 2.84% | +1.24 |
| IEMG iShares Core MSCI Emerging | Add +55.3% | 3.14% | +1.09 |
| SHLD Global X Defense Tech ETF | New | 1.01% | +1.01 |
| BAI Ishrs AI in and Tech Act ETF | Add +76.2% | 1.45% | +0.68 |
| AAPL Apple Inc. | Add +10.1% | 3.20% | +0.60 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +16.3% | 4.32% | +0.52 |
| PZA Invesco National Amt-Free Mu | New | 0.41% | +0.41 |
| SHV iShares 0-1 Year Treasury Bo | Add +207.0% | 0.64% | +0.41 |
| SLV iShares Silver Trust | New | 0.35% | +0.35 |
| HIMU iShares High Yild Muni A ETF | Add +164.8% | 0.55% | +0.32 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 1.44% | +0.28 |
| IAU iShares Gold Trust | Add +15.8% | 1.32% | +0.24 |
| TSLA Tesla Inc. | Add +0.4% | 0.34% | +0.07 |
| ABBV Abbvie Inc. | Add +0.5% | 0.57% | +0.07 |
| GLDM SPDR Gold Minishares Trust | New | 0.06% | +0.06 |
| CRH CRH PLC | Add +0.3% | 0.39% | +0.06 |
| ORCL Oracle Corp. | Add +3.9% | 0.28% | +0.05 |
| IAGG iShares Intl Aggregate Bond | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +1.6% | 0.14% | +0.02 |
| URNM Sprott Uranium Miners ETF | New | 0.02% | +0.02 |
| BX Blackstone Inc. | Add +1.5% | 0.53% | +0.02 |
| EA Electronic Arts Inc. | Add +8.4% | 0.12% | +0.02 |
| TDY Teledyne Technologies Inc. | New | 0.02% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | New | 0.02% | +0.02 |
| STX Seagate Technology Holdings | New | 0.02% | +0.02 |
| HDV iShares Core High Dividend E | Add +53.6% | 0.04% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.3% | 0.44% | +0.01 |
| XLK SS Technology Select Sector | Add +0.3% | 1.15% | +0.01 |
| KBWB Invesco KBW Bank ETF | Add +17.6% | 0.04% | +0.01 |
| AMD Advanced Micro Devices | Add +3.0% | 0.09% | +0.01 |
| ESGE iShares Inc. iShares ESG Awar | Add +7.2% | 0.07% | +0.00 |
| C Citigroup Inc. | Add +0.1% | 0.06% | +0.00 |
| GEV GE Vernova Inc. | Add +2.1% | 0.06% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +3.7% | 0.14% | +0.00 |
| BLK BlackRock Inc. | Add +0.3% | 0.56% | +0.00 |
| ETR Entergy Corp. | Add +0.5% | 0.14% | +0.00 |
| ADBE Adobe Inc. | Add +22.8% | 0.22% | +0.00 |
| ICLN iShares Global Clean Energy | Add +0.5% | 0.02% | +0.00 |
| LOW Lowe's Cos Inc. | Add +0.7% | 0.03% | +0.00 |
| CVX Chevron Corp. | Add +2.6% | 0.07% | +0.00 |
| ORI Old Republic Intl Corp. | Add +0.1% | 0.03% | −0.00 |
| ZION Zions Bancorp NA | Add +0.1% | 0.02% | −0.00 |
| NI Nisource Inc. | Add +0.9% | 0.03% | −0.00 |
| PNC PNC Financial Services Group | Add +0.7% | 0.05% | −0.00 |
| RLY SS Multi-Asset Real Ret ETF | Add +0.2% | 0.03% | −0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.3% | 0.04% | −0.00 |
| XOM Exxon Mobil Corp. | Add +5.4% | 0.18% | −0.00 |
| PFG Principal Financial Group | Add +0.1% | 0.02% | −0.00 |
| AXP American Express Co. | Add +1.4% | 0.03% | −0.00 |
| YUM Yum! Brands Inc. | Add +0.2% | 0.02% | −0.00 |
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 |