SEC 13F Intelligence

Managers / Q4 2022 · view latest →

AAF Wealth Management, LLC

CIK 0001726609 · 50 WASHINGTON STREET, WESTBOROUGH, MA, 01581 · 508-366-9100

Reported Value
$141M
Q4 2022
Positions
59
Filings on Record
39
2019–present window
Filed
Feb 7, 2023
original filing

Summary

Aaf Wealth Management, LLC reported $141M in U.S.-listed holdings across 59 positions for Q4 2022.

Its largest position, Ishares Tr, represents 18.5% of the portfolio.

Compared with Q3 2022, the fund opened 6 new positions and exited 2.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+85.9%
share of reported value
Largest Position
+18.5%
Ishares Tr
New / Exited
6 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $110MQ4 ’20Q1 ’21: $118MQ2 ’21: $130MQ3 ’21: $132MQ3 ’21Q4 ’21: $138MQ1 ’22: $152MQ2 ’22: $133MQ2 ’22Q3 ’22: $125MQ4 ’22: $141MQ1 ’23: $153MQ1 ’23Q2 ’23: $161MQ3 ’23: $156MQ4 ’23: $171MQ4 ’23Q1 ’24: $177MQ2 ’24: $193MQ3 ’24: $198MQ3 ’24Q4 ’24: $197MQ1 ’25: $133MQ2 ’25: $220MQ2 ’25Q3 ’25: $221MQ4 ’25: $237MQ1 ’26: $244MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 93.3%Common Stock: 6.7%
  • ETP · 93.3% · $132M
  • Common Stock · 6.7% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCHANGE TRADED FD TNEW+134.4K134.4K+$2M$2M
GOOGLALPHABET INCNEW+11.6K11.6K+$423,104$423,104
CLCOLGATE PALMOLIVE CONEW+4.9K4.9K+$384,547$384,547
HONGBPHONEYWELL INTL INCNEW+1.2K1.2K+$249,310$249,310
MRKMERCK & CO INCNEW+2.2K2.2K+$248,509$248,509
BMYBRISTOL-MYERS SQUIBB CONEW+2.8K2.8K+$203,129$203,129
ISHARES TRADDED+50.3K64.2K+$2M$2M
ISHARES TRSOLD OUT−10.7K0−$1M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE MSCI INTL · CORE S&P MCP ETF · CORE S&P SCP ETF · CORE MSCI EAFE · MSCI EMG MKT ETF · CORE MSCI TOTAL · RUS MID CAP ETF · RUSSELL 2000 ETF · RUS 1000 GRW ETF · RUS 1000 VAL ETF · RUS 1000 ETF52.72%$74M720.2K
2VTVVANGUARD INDEX FDSVALUE ETF · MID CAP ETF · GROWTH ETF22.57%$32M201.5K
3VANGUARD WHITEHALL FDSINTL HIGH ETF5.52%$8M130.8K
4INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF5.24%$7M67.5K
5SELECT SECTOR SPDR TRSBI HEALTHCARE4.75%$7M49.3K
6AAPLAPPLE INChistory →COM1.97%$3M21.4K
7INVESCO EXCHANGE TRADED FD TINTL DIVI ACHI1.59%$2M134.4K
8GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.93%$1M14.7K
9BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.63%$884,1811.3K
10SPDR DOW JONES INDL AVERAGEUT SER 10.48%$676,0032.0K
11JNJJOHNSON & JOHNSONCOM0.35%$493,6122.8K
12UNPUNION PAC CORPCOM0.33%$472,0202.3K
13SPDR S&P 500 ETF TRTR UNIT0.30%$428,0031.1K
14MSFTMICROSOFT CORPCOM0.30%$416,9061.7K
15CHVCHEVRON CORP NEWCOM0.28%$390,1082.2K
16CLCOLGATE PALMOLIVE COCOM0.27%$384,5474.9K
17RTXRAYTHEON TECHNOLOGIES CORPCOM0.20%$286,6122.8K
18METAMETA PLATFORMS INCCL A0.20%$276,7822.3K
19HONGBPHONEYWELL INTL INCCOM0.18%$249,3101.2K
20MRKMERCK & CO INCCOM0.18%$248,5092.2K
21AMZNAMAZON COM INCCOM0.17%$246,9602.9K
22SCHWAB STRATEGIC TRUS TIPS ETF0.17%$242,2974.7K
23BMYBRISTOL-MYERS SQUIBB COCOM0.14%$203,1292.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$244M59May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$237M56Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$221M47Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$220M66Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$133M51May 19, 2025RESTATEMENTchanges · EDGAR ↗
Q4 2024$197M47Feb 18, 202513F-HRchanges · EDGAR ↗
Q3 2024$198M44Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$193M46Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$177M43May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$171M50Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$156M44Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$161M48Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$153M46May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$141M59Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$125M39Oct 31, 202213F-HRchanges · EDGAR ↗
Q2 2022$133M37Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$152M32Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$138M25Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$132M31Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$130M22Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$118M24May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$110M23Feb 11, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.