SEC 13F Intelligence

Managers / Q4 2024 · view latest →

AAF Wealth Management, LLC

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

Reported Value
$197M
Q4 2024
Positions
47
Filings on Record
39
2019–present window
Filed
Feb 18, 2025
original filing

Summary

Aaf Wealth Management, LLC reported $197M in U.S.-listed holdings across 47 positions for Q4 2024.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 22.5% of reported value.

Compared with Q3 2024, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+9.3%
vs prior filed quarter
Top-10 Concentration
+84.8%
share of reported value
Largest Position
+22.5%
Ishares Tr
New / Exited
5 / 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: 92.1%Common Stock: 7.6%ADR: 0.2%
  • ETP · 92.1% · $181M
  • Common Stock · 7.6% · $15M
  • ADR · 0.2% · $452,462

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR DOW JONES INDL AVERAGENEW+17.8K17.8K+$8M$8M
GQ9SPDR GOLD TRNEW+23.7K23.7K+$6M$6M
NDQINVESCO QQQ TRNEW+1.1K1.1K+$539,883$539,883
CSCOCISCO SYS INCNEW+4.3K4.3K+$252,906$252,906
PPSIPIONEER PWR SOLUTIONS INCNEW+44.5K44.5K+$183,785$183,785
ISHARES INCSOLD OUT−71.8K0−$5M$0
WISDOMTREE TRSOLD OUT−2.1K0−$222,982$0
SELECT SECTOR SPDR TRTRIMMED−70.1K1.5K−$11M$209,113

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

Holdings — Q4 2024

30 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 ETF · RUS 1000 VAL ETF · CORE MSCI TOTAL50.80%$100M879.5K
2VTVVANGUARD INDEX FDSVALUE ETF · MID CAP ETF · GROWTH ETF · S&P 500 ETF SHS · TOTAL STK MKT · LARGE CAP ETF14.02%$28M149.9K
3INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF10.80%$21M101.0K
4VANGUARD WHITEHALL FDSINTL HIGH ETF6.43%$13M186.3K
5SPDR DOW JONES INDL AVERAGEUT SER 13.84%$8M17.8K
6GQ9SPDR GOLD TRhistory →GOLD SHS2.92%$6M23.7K
7AAPLAPPLE INChistory →COM2.45%$5M19.3K
8GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.67%$3M17.2K
9FIDELITY COVINGTON TRUSTENHANCED LARGE1.21%$2M72.0K
10INVESCO EXCHANGE TRADED FD TINTL DIVI ACHI0.87%$2M93.3K
11METAMETA PLATFORMS INCCL A0.82%$2M2.7K
12BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.79%$2M1.9K
13SPDR S&P 500 ETF TRTR UNIT0.46%$914,7711.6K
14AMZNAMAZON COM INCCOM0.39%$773,1313.5K
15MSFTMICROSOFT CORPCOM0.35%$690,9031.6K
16SCHWAB STRATEGIC TRINTL EQTY ETF0.28%$553,82629.9K
17NDQINVESCO QQQ TRUNIT SER 10.27%$539,8831.1K
18TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.23%$452,4622.3K
19RTXRTX CORPORATIONCOM0.16%$309,1602.7K
20CHVCHEVRON CORP NEWCOM0.14%$267,3961.8K
21JPMJPMORGAN CHASE & CO.COM0.13%$264,9961.1K
22CSCOCISCO SYS INCCOM0.13%$252,9064.3K
23JNJJOHNSON & JOHNSONCOM0.13%$246,2611.7K
24HONGBPHONEYWELL INTL INCCOM0.12%$244,8641.1K
25PGPROCTER AND GAMBLE COCOM0.12%$243,8761.5K
26VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.12%$235,7715.4K
27MRKMERCK & CO INCCOM0.12%$229,6532.3K
28SELECT SECTOR SPDR TRSBI HEALTHCARE0.11%$209,1131.5K
29PPSIPIONEER PWR SOLUTIONS INCCOM NEW0.09%$183,78544.5K
30ACRVACRIVON THERAPEUTICS INCCOMMON STOCK0.03%$64,28210.7K

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 ↗.