Shepherd Kaplan Krochuk, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Shepherd Kaplan Krochuk, LLC reported 51 stock positions worth $119.6 million. Its top holding was iShares 0-1 Year Treasury Bo (SHV) at 7.2% of the portfolio, followed by Vaneck Fallen Angel High YLD (ANGL, 7.1%) and Apple (AAPL, 6.4%). Compared with Q3 2024, it opened 4 new positions, sold out of 8, added to 19 and reduced 20. The biggest buy was iShares 0-1 Year Treasury Bo (SHV, shares +73%) and the biggest sale an exit from PIMCO 25+ YR Zero CPN US Tif (ZROZ).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001218583
- Portfolio Value
- $119.6M (Q4 2024)
- SEC Filing
- 0000919574-25-001155 ↗ filed Feb 14, 2025
Holdings Value
Holdings 51 stocks · $119.6M
| SHV iShares 0-1 Year Treasury Bo | 7.22% | 78,441 | $8.6M | Add +73.0% |
| ANGL Vaneck Fallen Angel High YLD | 7.09% | 295,837 | $8.5M | Add +0.8% |
| AAPL Apple Inc. | 6.40% | 30,557 | $7.7M | Reduce -34.4% |
| USMV iShares MSCI USA Min Vol Fac | 5.09% | 68,529 | $6.1M | Reduce -15.4% |
| CPB The Campbell's Company | 4.71% | 134,418 | $5.6M | Reduce -8.2% |
| SCHV Schwab US Large-Cap Value | 4.40% | 201,681 | $5.3M | Reduce -12.9% |
| JQUA JPMorgan US Quality Factor | 4.25% | 88,722 | $5.1M | Reduce -4.8% |
| ET Energy Transfer LP | 3.89% | 237,627 | $4.7M | Reduce -6.0% |
| MTUM iShares MSCI USA Momentum Fa | 3.78% | 21,869 | $4.5M | Add +19.0% |
| SCHD Schwab US DVD Equity ETF | 3.48% | 152,197 | $4.2M | Add +6.9% |
| TLT iShares 20+ Year Treasury BD | 3.33% | 45,665 | $4.0M | New |
| VTI VG Morningstar TS MKT ETF-US | 2.81% | 11,592 | $3.4M | Add +51.0% |
| JEPI JPMorgan Equity Premium Inco | 2.75% | 57,270 | $3.3M | Add +22.2% |
| CORP PIMCO Inv Grade Corp. BD ETF | 2.69% | 33,776 | $3.2M | Reduce -10.4% |
| ACWI iShares MSCI Acwi ETF | 2.68% | 27,296 | $3.2M | Add +0.0% |
| JMBS Janus Henderson Mortg Backed | 2.67% | 72,240 | $3.2M | Reduce -4.2% |
| IJR iShares Core S&P Small-Cap E | 2.63% | 27,255 | $3.1M | Reduce -11.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.55% | 6,726 | $3.0M | Reduce -26.3% |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | 2.45% | 266,515 | $2.9M | Add +110.3% |
| SGOV iShares 0-3 Month Treasury B | 2.10% | 25,014 | $2.5M | Add +11.5% |
| VNQ Vanguard Real Estate ETF | 2.00% | 26,923 | $2.4M | Reduce -4.7% |
| HDEF Xtrackers MSCI Eafe High Div | 1.89% | 93,244 | $2.3M | Add +8.8% |
| SSPY Stratified Largecp Index ETF | 1.77% | 27,167 | $2.1M | Reduce -0.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.75% | 7,947 | $2.1M | Add +0.3% |
| KMI Kinder Morgan Inc. | 1.58% | 68,929 | $1.9M | Reduce -7.9% |
| PGX Invesco Preferred ETF | 1.46% | 151,129 | $1.7M | Reduce -8.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.02% | 2,963 | $1.2M | Reduce -3.9% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.99% | 11,135 | $1.2M | Add +1.5% |
| JPEM JPM Diversified Ret Em Equit filed as J P MORGAN EXCHANGE TRADED F | 0.79% | 18,209 | $945K | Add +1.1% |
| GDX Vaneck Gold Miners ETF | 0.73% | 25,731 | $873K | Add +4.3% |
| DUK Duke Energy Corp. | 0.72% | 8,029 | $865K | Reduce -12.7% |
| IVV iShares Core S&P 500 ETF | 0.70% | 1,432 | $843K | Reduce -9.5% |
| IVW iShares S&P 500 Growth ETF | 0.67% | 7,949 | $807K | Reduce -1.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.66% | 15,724 | $788K | No change |
| GSIE Goldman Sachs Activebeta Int | 0.66% | 23,550 | $785K | Add +14.2% |
| SHUS Stratified Largecap HDGD ETF | 0.61% | 17,419 | $732K | No change |
| EPD Enterprise Products Partners | 0.59% | 22,538 | $707K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.58% | 13,127 | $696K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.54% | 2,952 | $649K | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.52% | 1,160 | $625K | Reduce -0.6% |
| NUV Nuveen Municipal Value | 0.44% | 61,432 | $528K | No change |
| NEM Newmont Corp. | 0.34% | 10,921 | $406K | No change |
| AMLP Alerian MLP ETF | 0.30% | 7,348 | $354K | Reduce -88.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 589 | $345K | Add +0.3% |
| NVDA Nvidia Corp. | 0.27% | 2,431 | $326K | New |
| T AT&T Inc. | 0.27% | 14,076 | $321K | No change |
| GLD SPDR Gold Shares | 0.25% | 1,245 | $301K | Add +25.5% |
| OSEA Harbor Intl Compounders ETF | 0.25% | 11,657 | $301K | Add +0.5% |
| BIV Vanguard Intermediate-Term B | 0.20% | 3,193 | $239K | No change |
| MA Mastercard Inc. Class A | 0.17% | 388 | $204K | New |
| NRGV Energy Vault Holdings Inc. | 0.03% | 13,483 | $31K | New |
Portfolio Sells Q3 2024 → Q4 2024
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Sold out | 0.00% | −4.41 |
| AMLP Alerian MLP ETF | Reduce -88.2% | 0.30% | −1.92 |
| AAPL Apple Inc. | Reduce -34.4% | 6.40% | −1.79 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −1.18 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.99 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.93 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.81 |
| CPB The Campbell's Company | Reduce -8.2% | 4.71% | −0.70 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.66 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -26.3% | 2.55% | −0.62 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.58 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -15.4% | 5.09% | −0.49 |
| SCHV Schwab US Large-Cap Value | Reduce -12.9% | 4.40% | −0.28 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.17 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -10.4% | 2.69% | −0.14 |
| IJR iShares Core S&P Small-Cap E | Reduce -11.7% | 2.63% | −0.10 |
| DUK Duke Energy Corp. | Reduce -12.7% | 0.72% | −0.08 |
| PGX Invesco Preferred ETF | Reduce -8.1% | 1.46% | −0.08 |
| VNQ Vanguard Real Estate ETF | Reduce -4.7% | 2.00% | −0.07 |
| JMBS Janus Henderson Mortg Backed | Reduce -4.2% | 2.67% | +0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -9.5% | 0.70% | +0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -0.6% | 0.52% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.9% | 0.67% | +0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.9% | 1.02% | +0.12 |
| SSPY Stratified Largecp Index ETF | Reduce -0.6% | 1.77% | +0.14 |
| JQUA JPMorgan US Quality Factor | Reduce -4.8% | 4.25% | +0.27 |
| KMI Kinder Morgan Inc. | Reduce -7.9% | 1.58% | +0.33 |
| ET Energy Transfer LP | Reduce -6.0% | 3.89% | +0.83 |
Portfolio Buys Q3 2024 → Q4 2024
| SHV iShares 0-1 Year Treasury Bo | Add +73.0% | 7.22% | +3.44 |
| TLT iShares 20+ Year Treasury BD | New | 3.33% | +3.33 |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | Add +110.3% | 2.45% | +1.38 |
| VTI VG Morningstar TS MKT ETF-US | Add +51.0% | 2.81% | +1.17 |
| MTUM iShares MSCI USA Momentum Fa | Add +19.0% | 3.78% | +0.97 |
| JEPI JPMorgan Equity Premium Inco | Add +22.2% | 2.75% | +0.65 |
| ANGL Vaneck Fallen Angel High YLD | Add +0.8% | 7.09% | +0.58 |
| SCHD Schwab US DVD Equity ETF | Add +6.9% | 3.48% | +0.45 |
| SGOV iShares 0-3 Month Treasury B | Add +11.5% | 2.10% | +0.39 |
| NVDA Nvidia Corp. | New | 0.27% | +0.27 |
| ACWI iShares MSCI Acwi ETF | Add +0.0% | 2.68% | +0.22 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.3% | 1.75% | +0.18 |
| MA Mastercard Inc. Class A | New | 0.17% | +0.17 |
| HDEF Xtrackers MSCI Eafe High Div | Add +8.8% | 1.89% | +0.15 |
| GSIE Goldman Sachs Activebeta Int | Add +14.2% | 0.66% | +0.09 |
| VIOO Vanguard S&P Small-Cap 600 E | Add +1.5% | 0.99% | +0.09 |
| GLD SPDR Gold Shares | Add +25.5% | 0.25% | +0.07 |
| IBM Intl Business Machines Corp. | Add +0.2% | 0.54% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.29% | +0.03 |
| NRGV Energy Vault Holdings Inc. | New | 0.03% | +0.03 |
| JPEM JPM Diversified Ret Em Equit | Add +1.1% | 0.79% | +0.02 |
| OSEA Harbor Intl Compounders ETF | Add +0.5% | 0.25% | −0.00 |
| GDX Vaneck Gold Miners ETF | Add +4.3% | 0.73% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $125.9M | VTI, AAPL, USMV, ANGL, SCHV |
| Q1 2026 | 61 | $119.0M | VTI, ANGL, AAPL, USMV, SCHV |
| Q4 2025 | 64 | $121.1M | VTI, ANGL, AAPL, USMV, SCHV |
| Q3 2025 | 61 | $121.8M | ANGL, VTI, AAPL, USMV, MTUM |
| Q2 2025 | 57 | $115.1M | ANGL, USMV, AAPL, VTI, SCHV |
| Q1 2025 | 58 | $116.8M | ANGL, USMV, AAPL, SCHV, CPB |
| Q4 2024 | 51 | $119.6M | SHV, ANGL, AAPL, USMV, CPB |
| Q3 2024 | 55 | $132.6M | AAPL, ANGL, USMV, CPB, SCHV |
| Q2 2024 | 57 | $126.6M | AAPL, USMV, CPB, ANGL, SCHV |
| Q1 2024 | 55 | $125.3M | AAPL, USMV, ANGL, CPB, SHV |