SEC 13F Intelligence

Managers / Q3 2023 · view latest →

AAF Wealth Management, LLC

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

Reported Value
$156M
Q3 2023
Positions
44
Filings on Record
39
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Aaf Wealth Management, LLC reported $156M in U.S.-listed holdings across 44 positions for Q3 2023.

Its largest position, Ishares Tr, represents 18.4% of the portfolio.

Compared with Q2 2023, the fund opened 3 new positions and exited 7.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+85.1%
share of reported value
Largest Position
+18.4%
Ishares Tr
New / Exited
3 / 7
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: 90.8%Common Stock: 9.2%
  • ETP · 90.8% · $141M
  • Common Stock · 9.2% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUNION PAC CORPNEW+1.2K1.2K+$244,870$244,870
SPDR DOW JONES INDL AVERAGENEW+679679+$227,378$227,378
GOOGLALPHABET INCNEW+1.6K1.6K+$204,142$204,142
MEDTRONIC PLCSOLD OUT−2.6K0−$230,494$0
QCOMQUALCOMM INCSOLD OUT−1.9K0−$221,564$0
CSCOCISCO SYS INCSOLD OUT−4.2K0−$215,705$0
VICIVICI PPTYS INCSOLD OUT−6.7K0−$211,210$0
DUKDUKE ENERGY CORP NEWSOLD OUT−2.3K0−$205,874$0

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

Holdings — Q3 2023

25 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 · RUS 1000 GRW ETF · RUS MID CAP ETF · RUSSELL 2000 ETF · CORE MSCI TOTAL · RUS 1000 VAL ETF · RUS 1000 ETF51.59%$80M729.8K
2VTVVANGUARD INDEX FDSVALUE ETF · MID CAP ETF · GROWTH ETF18.47%$29M176.0K
3INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF8.55%$13M90.3K
4VANGUARD WHITEHALL FDSINTL HIGH ETF5.73%$9M144.2K
5SELECT SECTOR SPDR TRSBI HEALTHCARE4.72%$7M57.0K
6AAPLAPPLE INChistory →COM2.17%$3M19.7K
7INVESCO EXCHANGE TRADED FD TINTL DIVI ACHI1.34%$2M124.7K
8GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.27%$2M15.0K
9BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.65%$1M1.4K
10METAMETA PLATFORMS INCCL A0.45%$702,4922.3K
11MSFTMICROSOFT CORPCOM0.32%$494,6841.6K
12SPDR S&P 500 ETF TRTR UNIT0.30%$466,0741.1K
13CHVCHEVRON CORP NEWCOM0.27%$427,4782.5K
14AMZNAMAZON COM INCCOM0.24%$376,7843.0K
15JNJJOHNSON & JOHNSONCOM0.22%$344,7202.2K
16MRKMERCK & CO INCCOM0.18%$277,7572.7K
17RTXRTX CORPORATIONCOM0.16%$245,9523.4K
18UNPUNION PAC CORPCOM0.16%$244,8701.2K
19SPDR DOW JONES INDL AVERAGEUT SER 10.15%$227,378679
20BACVERIZON COMMUNICATIONS INCCOM0.14%$224,0026.9K
21BMYBRISTOL-MYERS SQUIBB COCOM0.14%$223,8253.9K
22HONGBPHONEYWELL INTL INCCOM0.14%$213,6281.2K
23EOGEOG RES INCCOM0.14%$212,7041.7K
24CMCSACOMCAST CORP NEWCL A0.13%$208,9584.7K
25ACRVACRIVON THERAPEUTICS INCCOMMON STOCK0.07%$102,08210.7K

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 ↗.