SEC 13F Intelligence

Managers / Q2 2023 · view latest →

AAF Wealth Management, LLC

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

Reported Value
$161M
Q2 2023
Positions
48
Filings on Record
39
2019–present window
Filed
Aug 10, 2023
original filing

Summary

Aaf Wealth Management, LLC reported $161M in U.S.-listed holdings across 48 positions for Q2 2023.

Its largest position, Ishares Tr, represents 18.3% of the portfolio.

Compared with Q1 2023, the fund opened 5 new positions and exited 3.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+83.8%
share of reported value
Largest Position
+18.3%
Ishares Tr
New / Exited
5 / 3
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: 90.2%Common Stock: 9.6%Other: 0.1%REIT: 0.1%
  • ETP · 90.2% · $145M
  • Common Stock · 9.6% · $15M
  • Other · 0.1% · $230,494
  • REIT · 0.1% · $211,210

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQUALCOMM INCNEW+1.9K1.9K+$221,564$221,564
CSCOCISCO SYS INCNEW+4.2K4.2K+$215,705$215,705
CMCSACOMCAST CORP NEWNEW+4.9K4.9K+$202,291$202,291
EOGEOG RES INCNEW+1.8K1.8K+$202,102$202,102
ACRVACRIVON THERAPEUTICS INCNEW+10.7K10.7K+$138,387$138,387
SPDR DOW JONES INDL AVERAGESOLD OUT−1.4K0−$461,246$0
SCHWAB STRATEGIC TRSOLD OUT−4.7K0−$250,813$0
HOMOLOGY MEDICINES INCSOLD OUT−47.5K0−$48,926$0

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

Holdings — Q2 2023

29 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 1000 GRW ETF · RUS MID CAP ETF · RUSSELL 2000 ETF · RUS 1000 VAL ETF · RUS 1000 ETF · NATIONAL MUN ETF51.08%$82M712.4K
2VTVVANGUARD INDEX FDSVALUE ETF · MID CAP ETF · GROWTH ETF20.72%$33M201.4K
3INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF6.86%$11M72.8K
4VANGUARD WHITEHALL FDSINTL HIGH ETF5.42%$9M138.1K
5SELECT SECTOR SPDR TRSBI HEALTHCARE4.42%$7M53.7K
6AAPLAPPLE INChistory →COM2.40%$4M20.0K
7INVESCO EXCHANGE TRADED FD TINTL DIVI ACHI1.37%$2M122.7K
8GOOGALPHABET INChistory →CAP STK CL C1.00%$2M13.4K
9BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.61%$984,9801.4K
10METAMETA PLATFORMS INCCL A0.42%$671,5342.3K
11MSFTMICROSOFT CORPCOM0.33%$533,4221.6K
12JNJJOHNSON & JOHNSONCOM0.32%$519,6153.1K
13SPDR S&P 500 ETF TRTR UNIT0.30%$482,4871.1K
14CHVCHEVRON CORP NEWCOM0.25%$407,5612.6K
15AMZNAMAZON COM INCCOM0.24%$388,9953.0K
16MRKMERCK & CO INCCOM0.20%$320,7822.8K
17RTXRAYTHEON TECHNOLOGIES CORPCOM0.20%$314,4903.2K
18BMYBRISTOL-MYERS SQUIBB COCOM0.16%$255,5054.0K
19BACVERIZON COMMUNICATIONS INCCOM0.15%$248,6906.7K
20HONGBPHONEYWELL INTL INCCOM0.15%$239,9471.2K
21MEDTRONIC PLCSHS0.14%$230,4942.6K
22QCOMQUALCOMM INCCOM0.14%$221,5641.9K
23CSCOCISCO SYS INCCOM0.13%$215,7054.2K
24VICIVICI PPTYS INCCOM0.13%$211,2106.7K
25DUKDUKE ENERGY CORP NEWCOM NEW0.13%$205,8742.3K
26CMCSACOMCAST CORP NEWCL A0.13%$202,2914.9K
27EOGEOG RES INCCOM0.13%$202,1021.8K
28JPMJPMORGAN CHASE & COCOM0.13%$201,6831.4K
29ACRVACRIVON THERAPEUTICS INCCOMMON STOCK0.09%$138,38710.7K

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 ↗.