SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Clifford Group, LLC

CIK 0001965522 · 321 COMMONWEALTH ROAD, SUITE 103, WAYLAND, MA, 01778 · 6176002083

Reported Value
$80M
Q4 2022
Positions
74
Filings on Record
14
2019–present window
Filed
Feb 13, 2023
original filing

Summary

Clifford Group, LLC reported $80M in U.S.-listed holdings across 74 positions for Q4 2022.

Its largest position, Vanguard Index Fds, represents 17.9% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+56.6%
share of reported value
Largest Position
+17.9%
Vanguard Index Fds

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 ’22: $80MQ4 ’22Q1 ’23: $82MQ2 ’23: $93MQ2 ’23Q3 ’23: $92MQ4 ’23: $108MQ4 ’23Q1 ’24: $121MQ2 ’24: $124MQ2 ’24Q3 ’24: $129MQ4 ’24: $131MQ4 ’24Q1 ’25: $107MQ2 ’25: $122MQ2 ’25Q3 ’25: $128MQ4 ’25: $129MQ4 ’25Q1 ’26: $130Mfilingsflow.com

Portfolio Composition

By security type
ETP: 73.1%Common Stock: 24.1%Other: 1.9%REIT: 0.5%ADR: 0.4%
  • ETP · 73.1% · $59M
  • Common Stock · 24.1% · $19M
  • Other · 1.9% · $2M
  • REIT · 0.5% · $430,916
  • ADR · 0.4% · $306,745

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INDEX FDSNEW+40.8K40.8K+$14M$14M
ISHARES TRNEW+120.0K120.0K+$10M$10M
ISHARES TRNEW+83.9K83.9K+$4M$4M
SCHWAB STRATEGIC TRNEW+44.5K44.5K+$3M$3M
ISHARES TRNEW+30.7K30.7K+$3M$3M
INVESCO EXCH TRADED FD TR IINEW+128.3K128.3K+$3M$3M
ISHARES TRNEW+87.3K87.3K+$2M$2M
SPDR SER TRNEW+40.8K40.8K+$2M$2M

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

Holdings — Q4 2022

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRESG AWR MSCI USA · EAFE VALUE ETF · NATIONAL MUN ETF · US TREAS BD ETF · RUS 1000 GRW ETF · RUS 1000 VAL ETF · MSCI USA MIN VOL · U.S. ENERGY ETF · MSCI USA VALUE · FALN ANGLS USD · US INFRASTRUC32.71%$26M414.6K
2VANGUARD INDEX FDSS&P 500 ETF SHS · REAL ESTATE ETF · EXTEND MKT ETF20.70%$17M65.5K
3SCHWAB STRATEGIC TRUS DIVIDEND EQ4.20%$3M44.5K
4INVESCO EXCH TRADED FD TR IIS&P EMRNG MKTS3.69%$3M128.3K
5SPDR SER TRNUVEEN BLMBRG SH · BLOOMBERG SHT TE3.07%$2M63.2K
6MSFTMICROSOFT CORPhistory →COM1.62%$1M5.4K
7AAPLAPPLE INChistory →COM1.55%$1M9.5K
8VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF1.50%$1M26.5K
9VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT1.35%$1M25.7K
10ADPAUTOMATIC DATA PROCESSING INhistory →COM1.21%$965,9504.0K
11VANGUARD WORLD FDSINF TECH ETF1.19%$951,8423.0K
12VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.16%$931,58923.9K
13JPMJPMORGAN CHASE & COCOM1.00%$800,2856.0K
14GOOGLALPHABET INCCAP STK CL A0.89%$710,5168.1K
15SELECT SECTOR SPDR TRSBI HEALTHCARE0.87%$695,9605.1K
16NSPINSPERITY INCCOM0.84%$675,2385.9K
17UNHUNITEDHEALTH GROUP INCCOM0.82%$655,3841.2K
18AMZNAMAZON COM INCCOM0.81%$648,2287.7K
19UNPUNION PAC CORPCOM0.78%$625,2533.0K
20HDHOME DEPOT INCCOM0.77%$614,7681.9K
21PGPROCTER AND GAMBLE COCOM0.70%$559,8683.7K
22ACCENTURE PLC IRELANDSHS CLASS A0.67%$538,6432.0K
23DYHTARGET CORPCOM0.66%$524,8513.5K
24DWDMORGAN STANLEYCOM NEW0.65%$518,8046.1K
25ABTABBOTT LABSCOM0.64%$510,7414.7K
26NEENEXTERA ENERGY INCCOM0.63%$501,9016.0K
27ADMARCHER DANIELS MIDLAND COCOM0.61%$486,6075.2K
28CMDYISHARES U S ETF TRBLOOMBERG ROLL0.60%$484,1348.9K
29PNCPNC FINL SVCS GROUP INCCOM0.60%$481,2073.0K
30BILLBILL COM HLDGS INCCOM0.59%$471,9064.3K
31CVSCVS HEALTH CORPCOM0.58%$468,1505.0K
32ABGAMERISOURCEBERGEN CORPCOM0.58%$464,4622.8K
33AJGGALLAGHER ARTHUR J & COCOM0.58%$462,1782.5K
34PLDPROLOGIS INC.COM0.54%$430,9163.8K
35PAYXPAYCHEX INCCOM0.53%$422,6653.7K
36VVISA INCCOM CL A0.52%$419,6752.0K
37AVYAVERY DENNISON CORPCOM0.52%$418,6622.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$130M80May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$129M76Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$128M81Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$122M83Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$107M76May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$131M75Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$129M74Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$124M73Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$121M71May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$108M74Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$92M70Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$93M71Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$82M66May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$80M74Feb 13, 202313F-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 ↗.