SEC 13F Intelligence

Managers / Q3 2024 · view latest →

AAF Wealth Management, LLC

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

Reported Value
$198M
Q3 2024
Positions
44
Filings on Record
39
2019–present window
Filed
Nov 4, 2024
original filing

Summary

Aaf Wealth Management, LLC reported $198M in U.S.-listed holdings across 44 positions for Q3 2024.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 50.6% of reported value.

Compared with Q2 2024, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+96.0%
share of reported value
Largest Position
+50.6%
Ishares Tr
New / Exited
3 / 5
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 93.0%Common Stock: 6.8%ADR: 0.2%
  • ETP · 93.0% · $184M
  • Common Stock · 6.8% · $13M
  • ADR · 0.2% · $396,836

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES INCNEW+71.8K71.8K+$5M$5M
RTXRTX CORPORATIONNEW+2.7K2.7K+$323,660$323,660
MRKMERCK & CO INCNEW+2.1K2.1K+$241,880$241,880
ISHARES TRSOLD OUT−11.2K0−$475,368$0
FIDELITY COVINGTON TRUSTSOLD OUT−9.5K0−$271,045$0
NVSNNOVARTIS AGSOLD OUT−1.9K0−$202,062$0
CSCOCISCO SYS INCSOLD OUT−4.2K0−$200,684$0
BACVERIZON COMMUNICATIONS INCSOLD OUT−4.9K0−$200,463$0

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

Holdings — Q3 2024

27 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE MSCI INTL · CORE S&P MCP ETF · CORE MSCI EAFE · CORE S&P SCP ETF · RUS 1000 GRW ETF · RUSSELL 2000 ETF · RUS MID CAP ETF · RUS 1000 VAL ETF · RUS 1000 ETF · CORE MSCI TOTAL50.64%$100M860.8K
2VTVVANGUARD INDEX FDSVALUE ETF · MID CAP ETF · GROWTH ETF · S&P 500 ETF SHS · TOTAL STK MKT · LARGE CAP ETF14.06%$28M147.2K
3INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF10.45%$21M103.0K
4VANGUARD WHITEHALL FDSINTL HIGH ETF6.65%$13M179.2K
5SELECT SECTOR SPDR TRSBI HEALTHCARE5.57%$11M71.6K
6ISHARES INCMSCI JPN ETF NEW2.60%$5M71.8K
7AAPLAPPLE INChistory →COM2.42%$5M20.6K
8GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.44%$3M17.0K
9FIDELITY COVINGTON TRUSTENHANCED LARGE1.18%$2M73.0K
10INVESCO EXCHANGE TRADED FD TINTL DIVI ACHI0.96%$2M95.6K
11METAMETA PLATFORMS INCCL A0.68%$1M2.3K
12BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.67%$1M1.4K
13MSFTMICROSOFT CORPCOM0.36%$705,3291.6K
14SCHWAB STRATEGIC TRINTL EQTY ETF0.33%$658,70816.0K
15SPDR S&P 500 ETF TRTR UNIT0.31%$621,2841.1K
16AMZNAMAZON COM INCCOM0.28%$559,1773.0K
17TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.20%$396,8362.3K
18RTXRTX CORPORATIONCOM0.16%$323,6602.7K
19JNJJOHNSON & JOHNSONCOM0.15%$299,5901.8K
20CHVCHEVRON CORP NEWCOM0.14%$271,8821.8K
21PGPROCTER AND GAMBLE COCOM0.14%$268,4041.6K
22VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.12%$242,5955.1K
23MRKMERCK & CO INCCOM0.12%$241,8802.1K
24HONGBPHONEYWELL INTL INCCOM0.11%$224,0731.1K
25WISDOMTREE TRJAPN HEDGE EQT0.11%$222,9822.1K
26JPMJPMORGAN CHASE & CO.COM0.11%$208,690990
27ACRVACRIVON THERAPEUTICS INCCOMMON STOCK0.04%$74,74610.7K

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 ↗.