Shepherd Financial Partners LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Shepherd Financial Partners LLC reported 246 stock positions worth $1.1 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.4% of the portfolio, followed by SS SPDR P S&P 1500 Comp ETF (SPTM, 5.5%) and Ishrs US E F R A ETF-Usd (DYNF, 4.5%). Compared with Q3 2025, it opened 13 new positions, sold out of 11, added to 83 and reduced 105. The biggest buy was SS SPDR P S&P 500 Value ETF (SPYV, shares +29%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- WINCHESTER, MA
- CIK
- 0001696628
- Portfolio Value
- $1.1B (Q4 2025)
- SEC Filing
- 0001696628-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 246 stocks · $1.1B
| SPY SS SPDR S&P 500 ETF Trust-US | 6.43% | 101,817 | $69.4M | Reduce -0.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.51% | 720,467 | $59.4M | Reduce -0.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.48% | 795,656 | $48.4M | Add +3.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.78% | 382,010 | $40.8M | Add +2.4% |
| IEFA iShares Core MSCI Eafe ETF | 3.73% | 450,052 | $40.3M | Reduce -8.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.65% | 693,535 | $39.4M | Add +28.9% |
| IEMG iShares Core MSCI Emerging | 3.63% | 582,828 | $39.2M | Add +16.6% |
| AAPL Apple Inc. | 3.36% | 133,205 | $36.2M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 2.93% | 46,235 | $31.7M | Add +2.7% |
| OEF iShares S&P 100 ETF | 2.92% | 91,972 | $31.5M | Add +2.7% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.31% | 943,628 | $25.0M | Reduce -7.4% |
| QUAL iShares MSCI USA Quality Fac | 2.30% | 125,154 | $24.9M | Reduce -32.8% |
| AMZN Amazon.com Inc. | 1.82% | 85,060 | $19.6M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 1.80% | 61,978 | $19.4M | Reduce -0.6% |
| MSFT Microsoft Corp. | 1.74% | 38,803 | $18.8M | Reduce -4.3% |
| NVDA Nvidia Corp. | 1.69% | 97,854 | $18.2M | Reduce -0.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.68% | 385,786 | $18.1M | Add +4.5% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.62% | 301,134 | $17.4M | Add +4.4% |
| BAI Ishrs AI in and Tech Act ETF | 1.54% | 498,801 | $16.6M | Add +11.5% |
| JPM JPMorgan Chase & Co. | 1.41% | 47,307 | $15.2M | Reduce -1.6% |
| IAU iShares Gold Trust | 1.40% | 186,414 | $15.1M | Reduce -2.3% |
| MTUM iShares MSCI USA Momentum Fa | 1.40% | 60,361 | $15.1M | Add +73.8% |
| THRO iShares U.S. Thematic Rotati | 1.25% | 349,279 | $13.5M | Add +1.7% |
| IWO iShares Russell 2000 Growth | 1.24% | 41,462 | $13.4M | Reduce -3.4% |
| XLK SS Technology Select Sector | 1.15% | 86,324 | $12.4M | Add +0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.10% | 56,128 | $11.9M | Reduce -4.1% |
| AVGO Broadcom Inc. | 1.07% | 33,422 | $11.6M | Reduce -1.7% |
| LLY Eli Lilly & Co. | 0.98% | 9,827 | $10.6M | Add +0.7% |
| SHLD Global X Defense Tech ETF | 0.98% | 162,478 | $10.5M | Add +7.7% |
| GOOGL Alphabet Inc. Class A | 0.93% | 32,228 | $10.1M | Reduce -18.3% |
| DGRO iShares Core Dividend Growth | 0.93% | 143,950 | $10.0M | Reduce -8.5% |
| V Visa Inc. Class A | 0.87% | 26,917 | $9.4M | Reduce -0.4% |
| RTX RTX Corp. | 0.82% | 48,121 | $8.8M | Reduce -0.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.76% | 13,387 | $8.2M | Add +7.9% |
| META Meta Platforms Inc. Class A | 0.70% | 11,463 | $7.6M | Add +2.4% |
| IYW iShares Ustechnology ETF | 0.67% | 36,210 | $7.2M | Add +10.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.65% | 88,080 | $7.1M | Add +0.1% |
| HIMU iShares High Yild Muni A ETF | 0.58% | 128,919 | $6.3M | Add +10.1% |
| ABBV Abbvie Inc. | 0.55% | 26,124 | $6.0M | Add +0.4% |
| WMT Walmart Inc. | 0.52% | 50,130 | $5.6M | Add +1.1% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.50% | 102,689 | $5.4M | Add +2.3% |
| BLK BlackRock Inc. | 0.50% | 5,022 | $5.4M | Reduce -0.1% |
| GS Goldman Sachs Group Inc. | 0.47% | 5,799 | $5.1M | Add +0.1% |
| SLV iShares Silver Trust | 0.47% | 78,105 | $5.0M | Reduce -10.8% |
| BX Blackstone Inc. | 0.46% | 32,552 | $5.0M | Reduce -0.9% |
| VXUS Vanguard Total Intl Stock | 0.44% | 62,299 | $4.7M | No change |
| VLO Valero Energy Corp. | 0.43% | 28,826 | $4.7M | Reduce -0.7% |
| PZA Invesco National Amt-Free Mu | 0.43% | 202,280 | $4.7M | Add +8.9% |
| LMT Lockheed Martin Corp. | 0.42% | 9,300 | $4.5M | Add +18.6% |
| TSLA Tesla Inc. | 0.42% | 9,965 | $4.5M | Add +24.2% |
| MBB iShares MBS ETF | 0.41% | 46,654 | $4.4M | Add +1.8% |
| RSP Invesco S&P 500 Equal Weight | 0.41% | 22,980 | $4.4M | Reduce -41.6% |
| CRH CRH PLC | 0.41% | 35,089 | $4.4M | Add +3.6% |
| EMB iShares JP Morgan Usd Emergi | 0.38% | 42,726 | $4.1M | Add +1.1% |
| VEA Vanguard Ftse Developed ETF | 0.37% | 63,699 | $4.0M | Reduce -3.8% |
| PGR Progressive Corp. | 0.37% | 17,428 | $4.0M | Reduce -13.6% |
| KO The Coca-Cola Co. | 0.36% | 55,047 | $3.8M | Add +0.0% |
| CAT Caterpillar Inc. | 0.34% | 6,439 | $3.7M | Reduce -0.6% |
| HON Honeywell International Inc. | 0.34% | 18,811 | $3.7M | Add +0.6% |
| MRK Merck & Co. Inc. | 0.32% | 33,194 | $3.5M | Add +1.9% |
| DUK Duke Energy Corp. | 0.31% | 28,769 | $3.4M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 60,410 | $3.3M | Add +0.2% |
| HD Home Depot Inc. | 0.30% | 9,545 | $3.3M | Reduce -0.0% |
| COST Costco Wholesale Corp. | 0.28% | 3,488 | $3.0M | Reduce -0.6% |
| SUSA iShares ESG Optimized MSCI U | 0.28% | 21,455 | $3.0M | Reduce -1.6% |
| MCD McDonald's Corp. | 0.26% | 9,337 | $2.9M | Reduce -1.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.25% | 24,595 | $2.7M | Reduce -59.4% |
| PG The Procter & Gamble Co. | 0.25% | 18,729 | $2.7M | Reduce -1.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 13,803 | $2.6M | Add +0.1% |
| NEE Nextera Energy Inc. | 0.24% | 32,536 | $2.6M | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 0.24% | 21,679 | $2.6M | Add +26.0% |
| ORCL Oracle Corp. | 0.24% | 13,371 | $2.6M | Add +28.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.24% | 60,882 | $2.6M | Add +0.6% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.23% | 18,874 | $2.4M | Reduce -4.0% |
| KRE SS SPDR S&P Regional Bank | 0.21% | 35,180 | $2.3M | Reduce -6.5% |
| JNJ Johnson & Johnson | 0.20% | 10,330 | $2.1M | Reduce -1.0% |
| MA Mastercard Inc. Class A | 0.20% | 3,721 | $2.1M | Reduce -1.9% |
| CRM Salesforce Inc. | 0.19% | 7,774 | $2.1M | Reduce -1.9% |
| DHR Danaher Corp. | 0.19% | 8,910 | $2.0M | Add +2.1% |
| QCOM Qualcomm Inc. | 0.19% | 11,885 | $2.0M | Reduce -3.1% |
| BSX Boston Scientific Corp. | 0.19% | 21,301 | $2.0M | Reduce -2.8% |
| SBUX Starbucks Corp. | 0.19% | 23,991 | $2.0M | Reduce -1.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.18% | 20,390 | $1.9M | Reduce -1.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 4,095 | $1.9M | Add +0.3% |
| VNQ Vanguard Real Estate ETF | 0.17% | 21,274 | $1.9M | Reduce -7.3% |
| EOG EOG Resources Inc. | 0.17% | 17,758 | $1.9M | Reduce -1.4% |
| COR Cencora Inc. | 0.17% | 5,430 | $1.8M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 3,577 | $1.8M | Reduce -4.2% |
| XLP SS Consumer Staples Sel Sect | 0.16% | 22,084 | $1.7M | Add +1.1% |
| LPLA LPL Financial Holdings Inc. | 0.16% | 4,755 | $1.7M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 21,309 | $1.6M | No change |
| ESGV Vanguard ESG US Stock ETF | 0.14% | 12,933 | $1.6M | No change |
| ADBE Adobe Inc. | 0.14% | 4,452 | $1.6M | Reduce -32.5% |
| ACN Accenture PLC Class A | 0.14% | 5,700 | $1.5M | Reduce -6.1% |
| ED Consolidated Edison Inc. | 0.14% | 15,047 | $1.5M | Add +2.2% |
| ETR Entergy Corp. | 0.13% | 15,622 | $1.4M | Reduce -0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 2,937 | $1.4M | No change |
| XLY SS Consumer Disc Select Sect | 0.13% | 11,864 | $1.4M | Reduce -1.4% |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 7,944 | $1.4M | Add +2.1% |
| AMGN Amgen Inc. | 0.13% | 4,296 | $1.4M | Add +207.1% |
Portfolio Sells Q3 2025 → Q4 2025
| QUAL iShares MSCI USA Quality Fac | Reduce -32.8% | 2.30% | −1.14 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -59.4% | 0.25% | −0.39 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.7% | 3.73% | −0.37 |
| RSP Invesco S&P 500 Equal Weight | Reduce -41.6% | 0.41% | −0.30 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -7.4% | 2.31% | −0.30 |
| MSFT Microsoft Corp. | Reduce -4.3% | 1.74% | −0.26 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.13 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.12 |
| PGR Progressive Corp. | Reduce -13.6% | 0.37% | −0.11 |
| DGRO iShares Core Dividend Growth | Reduce -8.5% | 0.93% | −0.09 |
| ADBE Adobe Inc. | Reduce -32.5% | 0.14% | −0.08 |
| BX Blackstone Inc. | Reduce -0.9% | 0.46% | −0.07 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.07 |
| IWO iShares Russell 2000 Growth | Reduce -3.4% | 1.24% | −0.07 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -0.8% | 5.51% | −0.06 |
| HD Home Depot Inc. | Reduce -0.0% | 0.30% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.1% | 1.10% | −0.06 |
| BLK BlackRock Inc. | Reduce -0.1% | 0.50% | −0.06 |
| NVDA Nvidia Corp. | Reduce -0.1% | 1.69% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.3% | 6.43% | −0.04 |
| VLO Valero Energy Corp. | Reduce -0.7% | 0.43% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 1.41% | −0.03 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.03 |
| ZS Zscaler Inc. | Reduce -0.5% | 0.08% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.9% | 0.25% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -0.6% | 0.28% | −0.03 |
| DUK Duke Energy Corp. | Reduce -0.6% | 0.31% | −0.03 |
| ICSH iShares Ultra Short Duration | Reduce -44.1% | 0.03% | −0.03 |
| WASH Washington Trust Bancorp | Sold out | 0.00% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -7.3% | 0.17% | −0.03 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.03 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -2.1% | 0.13% | −0.02 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.02 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −0.02 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.02 |
| EOG EOG Resources Inc. | Reduce -1.4% | 0.17% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -13.6% | 0.10% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -8.9% | 0.12% | −0.02 |
| NFLX Netflix Inc. | Reduce -1.9% | 0.05% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -2.8% | 0.19% | −0.02 |
| KRE SS SPDR S&P Regional Bank | Reduce -6.5% | 0.21% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -49.6% | 0.02% | −0.01 |
| LRCX Lam Research Corp. | Reduce -33.2% | 0.06% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.2% | 0.17% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -0.1% | 0.05% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -30.7% | 0.02% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -22.4% | 0.03% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -4.0% | 0.23% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| SPYV SS SPDR P S&P 500 Value ETF | Add +28.9% | 3.65% | +0.82 |
| MTUM iShares MSCI USA Momentum Fa | Add +73.8% | 1.40% | +0.55 |
| IEMG iShares Core MSCI Emerging | Add +16.6% | 3.63% | +0.49 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.98% | +0.27 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +3.8% | 4.48% | +0.16 |
| AAPL Apple Inc. | Add +1.0% | 3.36% | +0.16 |
| AMGN Amgen Inc. | Add +207.1% | 0.13% | +0.09 |
| OEF iShares S&P 100 ETF | Add +2.7% | 2.92% | +0.09 |
| BAI Ishrs AI in and Tech Act ETF | Add +11.5% | 1.54% | +0.08 |
| MU Micron Technology Inc. | Add +109.3% | 0.11% | +0.08 |
| TSLA Tesla Inc. | Add +24.2% | 0.42% | +0.08 |
| FN Fabrinet | New | 0.07% | +0.07 |
| MPC Marathon Petroleum Corp. | New | 0.07% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +2.7% | 2.93% | +0.07 |
| ANET Arista Networks Inc. | New | 0.07% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +2.4% | 3.78% | +0.07 |
| MRK Merck & Co. Inc. | Add +1.9% | 0.32% | +0.06 |
| IYW iShares Ustechnology ETF | Add +10.4% | 0.67% | +0.06 |
| XOM Exxon Mobil Corp. | Add +26.0% | 0.24% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.9% | 0.76% | +0.05 |
| COIN Coinbase Global Inc. Class A | New | 0.05% | +0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +4.5% | 1.68% | +0.05 |
| MDY State Street SPDR S&P Midcap | New | 0.05% | +0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +4.4% | 1.62% | +0.05 |
| AMZN Amazon.com Inc. | Add +0.2% | 1.82% | +0.04 |
| LMT Lockheed Martin Corp. | Add +18.6% | 0.42% | +0.04 |
| HIMU iShares High Yild Muni A ETF | Add +10.1% | 0.58% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +0.1% | 0.47% | +0.03 |
| WMT Walmart Inc. | Add +1.1% | 0.52% | +0.03 |
| PZA Invesco National Amt-Free Mu | Add +8.9% | 0.43% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| DHR Danaher Corp. | Add +2.1% | 0.19% | +0.02 |
| MSIF MSC Income Fund Inc. | New | 0.02% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| IBB iShares Biotechnology ETF | New | 0.02% | +0.02 |
| MPLX MPLX LP | New | 0.02% | +0.02 |
| CRH CRH PLC | Add +3.6% | 0.41% | +0.02 |
| TJX TJX Companies Inc. | New | 0.02% | +0.02 |
| IWV iShares Russell 3000 ETF | New | 0.02% | +0.02 |
| WFC Wells Fargo & Co. | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | Add +3.2% | 0.08% | +0.02 |
| CSCO Cisco Systems Inc. | Add +1.1% | 0.13% | +0.01 |
| BAC Bank of America Corp. | Add +0.2% | 0.31% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +20.8% | 0.07% | +0.01 |
| THRO iShares U.S. Thematic Rotati | Add +1.7% | 1.25% | +0.01 |
| GEV GE Vernova Inc. | Add +12.0% | 0.07% | +0.01 |
| COP Conocophillips | Add +32.1% | 0.04% | +0.01 |
| KO The Coca-Cola Co. | Add +0.0% | 0.36% | +0.01 |
| GLDM SPDR Gold Minishares Trust | Add +2.4% | 0.07% | +0.01 |
| LOW Lowe's Cos Inc. | Add +29.6% | 0.04% | +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 |