Yoffe Investment Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Yoffe Investment Management, LLC reported 113 stock positions worth $78.3 million. Its top holding was Vanguard Most SM-Cap ETF-Usd (VB) at 4.7% of the portfolio, followed by Intl Business Machines (IBM, 4.4%) and VG Morningstar TS MKT ETF-US (VTI, 3.5%). Compared with Q3 2025, it opened 1 new position, sold out of 2, added to 20 and reduced 2. The biggest buy was a new position in Marriott International Class A (MAR) and the biggest sale an exit from Vornado Realty Trust (VNO).

Most Recent 13F
Q2 2026
Location
LEMOYNE, PA
CIK
0002056336
Portfolio Value
$78.3M (Q4 2025)
SEC Filing
0002056336-26-000002 ↗ filed Jan 26, 2026

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q4 2024: $67.3M Q4 2024 Q1 2025: $68.1M Q1 2025 Q2 2025: $73.1M Q2 2025 Q3 2025: $76.9M Q3 2025 Q4 2025: $78.3M $78.3M Q4 2025 Q1 2026: $78.1M Q1 2026 Q2 2026: $87.4M Q2 2026

Holdings 113 stocks · $78.3M
VB Vanguard Most SM-Cap ETF-Usd 4.72% 14,338 $3.7M Add +0.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 4.44% 11,731 $3.5M No change
VTI VG Morningstar TS MKT ETF-US 3.46% 8,078 $2.7M No change
WMT Walmart Inc. 2.66% 18,687 $2.1M No change
MSFT Microsoft Corp. 2.59% 4,200 $2.0M No change
JPM JPMorgan Chase & Co. 2.29% 5,565 $1.8M Add +0.1%
AAPL Apple Inc. 2.16% 6,212 $1.7M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.98% 5,345 $1.6M No change
CAT Caterpillar Inc. 1.93% 2,637 $1.5M No change
HON Honeywell International Inc. 1.91% 7,667 $1.5M No change
PG The Procter & Gamble Co. 1.84% 10,042 $1.4M No change
VXF Vanguard Extended Market ETF 1.77% 6,633 $1.4M No change
GS Goldman Sachs Group Inc. 1.57% 1,396 $1.2M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.51% 10,200 $1.2M No change
TRV The Travelers Cos Inc. 1.48% 3,987 $1.2M No change
CSX CSX Corp. 1.47% 31,770 $1.2M No change
VWOB Vanguard Emerg MKTS Gov BND 1.46% 17,007 $1.1M Add +0.2%
GE General Electric filed as GE AEROSPACE 1.45% 3,685 $1.1M No change
ILF iShares Latin America 40 ETF 1.44% 37,168 $1.1M Add +0.2%
AXP American Express Co. 1.32% 2,800 $1.0M Reduce -0.1%
BBCA JPMorgan Betabuilders Canada 1.27% 10,676 $993K No change
V Visa Inc. Class A 1.21% 2,697 $946K No change
CSCO Cisco Systems Inc. 1.18% 11,959 $921K No change
SCHC Schwab Intl Small-Cap Equity 1.13% 19,444 $885K Add +0.6%
GXC State Street SPDR S&P China 1.13% 9,136 $884K Add +0.1%
VOO Vanguard S&P 500 ETF 1.09% 1,366 $857K No change
FLAX Franklin Ftse Asia Ex Japan 1.04% 27,437 $813K No change
EMB iShares JP Morgan Usd Emergi 1.02% 8,262 $795K Add +0.2%
PM Philip Morris International 1.00% 4,900 $786K No change
BBEU JPMorgan Betabuilders Europe 1.00% 10,642 $780K No change
JNJ Johnson & Johnson 0.99% 3,748 $776K No change
VGK Vanguard Ftse Europe ETF 0.99% 9,270 $775K No change
MRK Merck & Co. Inc. 0.99% 7,341 $773K Add +0.0%
HD Home Depot Inc. 0.98% 2,225 $765K No change
MCD McDonald's Corp. 0.97% 2,485 $760K No change
SCHA Schwab US Small-Cap ETF 0.96% 26,537 $756K No change
VSS Vanguard Ftse All Wo X-US SC 0.95% 5,212 $747K No change
UNH Unitedhealth Group Inc. 0.87% 2,058 $679K Add +0.1%
IPAC iShares Core MSCI Pacific Et 0.87% 9,276 $679K Add +0.6%
GSK GSK PLC-Spon ADR 0.85% 13,657 $670K No change
INTC Intel Corp. 0.82% 17,378 $641K No change
VPL Vanguard Ftse Pacific ETF 0.81% 7,008 $633K No change
SPG Simon Property Group Inc. 0.80% 3,383 $626K No change
AFK Vaneck Africa Index ETF 0.80% 23,410 $626K No change
BRK.B Berkshire Hathaway Inc. Class B 0.80% 1,241 $624K No change
VNQI Vanguard GLBL Ex-US Real Est 0.78% 13,372 $613K Add +0.5%
VZ Verizon Communications Inc. 0.77% 14,804 $603K Add +0.0%
GEV GE Vernova Inc. 0.77% 921 $602K No change
FLCA Franklin Ftse Canada ETF 0.76% 12,330 $596K No change
KO The Coca-Cola Co. 0.75% 8,426 $589K Add +0.0%
EEMA iShares MSCI Emerg MRKT Asia 0.72% 5,991 $563K No change
UNP Union Pacific Corp. 0.71% 2,400 $555K No change
BA The Boeing Co. 0.70% 2,526 $548K No change
SPHY SS SPDR P High Yield ETF 0.69% 22,686 $537K Add +1.1%
IEMG iShares Core MSCI Emerging 0.67% 7,800 $524K No change
MMM 3M Co. 0.66% 3,252 $521K No change
SCJ iShares MSCI Japan Small-Cap 0.66% 5,630 $517K No change
GMF State Street SPDR S&P Emergi 0.66% 3,707 $514K Add +0.1%
FXI iShares China Large-Cap ETF 0.65% 13,219 $506K Add +0.3%
AFL Aflac Inc. 0.63% 4,496 $496K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.63% 4,347 $495K No change
XOM Exxon Mobil Corp. 0.62% 4,019 $484K No change
JNK SS SPDR BB High Yield Bond 0.61% 4,905 $477K No change
AMGN Amgen Inc. 0.59% 1,406 $460K No change
SCHG Schwab US Large-Cap Growth 0.58% 13,824 $451K No change
CVX Chevron Corp. 0.57% 2,927 $446K Reduce -1.6%
VEA Vanguard Ftse Developed ETF 0.57% 7,089 $443K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.55% 13,228 $433K No change
RTX RTX Corp. 0.54% 2,327 $427K No change
EMHY iShares J.P. Morgan Em High 0.54% 10,513 $424K No change
EPP iShares MSCI Pacific Ex Japa 0.53% 8,163 $412K No change
FLLA Franklin Ftse Latin America 0.51% 16,698 $402K No change
IMVP Invesco India Exchange-Trade 0.51% 16,402 $399K No change
FLJP Franklin Ftse Japan ETF 0.50% 11,410 $393K No change
C Citigroup Inc. 0.50% 3,334 $389K No change
ELME Elme Communities 0.48% 21,736 $378K Add +0.1%
INDA iShares MSCI India ETF 0.46% 6,656 $360K No change
BBJP JPMorgan Betabuilders Japan 0.46% 5,423 $357K No change
PLD Prologis Inc. 0.46% 2,795 $357K No change
PPL PPL Corp. 0.45% 10,100 $354K No change
FLIN Franklin Ftse India ETF 0.43% 8,764 $338K No change
HYEM Vaneck Emrg MKTS Hi YLD 0.43% 16,930 $337K No change
AAXJ iShares MSCI All Country Asi 0.43% 3,592 $334K No change
EWJ iShares MSCI Japan ETF 0.42% 4,083 $330K No change
ESS Essex Property Trust Inc. 0.42% 1,255 $328K No change
MCHI iShares MSCI China ETF 0.39% 5,149 $309K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.39% 5,573 $307K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.39% 6,841 $304K No change
VWO Vanguard Ftse Emerging Marke 0.38% 5,529 $297K No change
IEV iShares Europe ETF 0.38% 4,327 $297K No change
EFA iShares MSCI Eafe ETF 0.38% 3,068 $295K No change
IEUR iShares Core MSCI Europe ETF 0.38% 4,148 $294K No change
MO Altria Group Inc. 0.36% 4,900 $283K No change
MRSH Marsh & McLennan Cos 0.36% 1,500 $278K No change
NKE Nike Inc. Class B 0.35% 4,363 $278K Add +0.0%
IP International Paper Co. 0.35% 7,020 $277K No change
FCNCA First Citizens Bcshs Class A 0.35% 128 $275K No change
EFG iShares MSCI Eafe Growth ETF 0.34% 2,358 $269K No change
EWC iShares MSCI Canada ETF 0.34% 4,869 $263K No change
CRM Salesforce Inc. 0.32% 937 $248K No change
VMBS Vanguard Mortgage-Backed Sec 0.30% 5,051 $238K No change
CEG Constellation Energy 0.30% 666 $235K No change
MBB iShares MBS ETF 0.30% 2,458 $234K No change
ABBV Abbvie Inc. 0.30% 1,018 $233K No change
T AT&T Inc. 0.30% 9,350 $232K Add +0.0%
MAR Marriott International Class A 0.29% 740 $230K New
KIM Kimco Realty Corp. 0.28% 10,914 $221K Add +0.1%
BP BP PLC-Spons ADR 0.28% 6,363 $221K No change
BNDX Vanguard Total Intl Bond ETF 0.27% 4,328 $209K No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.24% 11,612 $185K No change
HLN Haleon PLC-ADR 0.22% 17,073 $173K No change
F Ford Motor Co. filed as FORD MTR CO 0.17% 10,234 $134K No change
WALGREENS BOOTS ALLIANCE 0.00% 10,931 $0 No change

Portfolio Sells Q3 2025 → Q4 2025
VNO Vornado Realty Trust Sold out 0.00% −0.28
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.28
CVX Chevron Corp. Reduce -1.6% 0.57% −0.03
AXP American Express Co. Reduce -0.1% 1.32% +0.11

Portfolio Buys Q3 2025 → Q4 2025
MAR Marriott International Class A New 0.29% +0.29
MRK Merck & Co. Inc. Add +0.0% 0.99% +0.19
ILF iShares Latin America 40 ETF Add +0.2% 1.44% +0.05
KO The Coca-Cola Co. Add +0.0% 0.75% +0.03
JPM JPMorgan Chase & Co. Add +0.1% 2.29% +0.01
ELME Elme Communities Add +0.1% 0.48% +0.01
EMB iShares JP Morgan Usd Emergi Add +0.2% 1.02% −0.01
GMF State Street SPDR S&P Emergi Add +0.1% 0.66% −0.01
SPHY SS SPDR P High Yield ETF Add +1.1% 0.69% −0.01
VWOB Vanguard Emerg MKTS Gov BND Add +0.2% 1.46% −0.01
IPAC iShares Core MSCI Pacific Et Add +0.6% 0.87% −0.01
SCHC Schwab Intl Small-Cap Equity Add +0.6% 1.13% −0.01
VB Vanguard Most SM-Cap ETF-Usd Add +0.0% 4.72% −0.02
KIM Kimco Realty Corp. Add +0.1% 0.28% −0.03
NKE Nike Inc. Class B Add +0.0% 0.35% −0.04
VNQI Vanguard GLBL Ex-US Real Est Add +0.5% 0.78% −0.04
T AT&T Inc. Add +0.0% 0.30% −0.05
UNH Unitedhealth Group Inc. Add +0.1% 0.87% −0.06
FXI iShares China Large-Cap ETF Add +0.3% 0.65% −0.06
VZ Verizon Communications Inc. Add +0.0% 0.77% −0.08
GXC State Street SPDR S&P China Add +0.1% 1.13% −0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$87.4MVB, IBM, VTI, CAT, INTC
Q1 2026 111$78.1MVB, IBM, VTI, WMT, CAT
Q4 2025 113$78.3MVB, IBM, VTI, WMT, MSFT
Q3 2025 114$76.9MVB, IBM, VTI, MSFT, WMT
Q2 2025 114$73.1MIBM, VB, VTI, MSFT, WMT
Q1 2025 112$68.1MVB, IBM, VTI, PG, WMT
Q4 2024Amended 114$67.3MVB, VTI, IBM, MSFT, HON