SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Clifford Group, LLC

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

Reported Value
$121M
Q1 2024
Positions
71
Filings on Record
14
2019–present window
Filed
May 15, 2024
original filing

Summary

Clifford Group, LLC reported $121M in U.S.-listed holdings across 71 positions for Q1 2024.

The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 21.1% of reported value.

Compared with Q4 2023, the fund opened 1 new position and exited 4.

Portfolio Metrics

Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+65.1%
share of reported value
Largest Position
+21.1%
Vanguard Index Fds
New / Exited
1 / 4
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 ’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: 71.4%Common Stock: 25.6%Other: 1.8%ADR: 0.6%REIT: 0.5%
  • ETP · 71.4% · $87M
  • Common Stock · 25.6% · $31M
  • Other · 1.8% · $2M
  • ADR · 0.6% · $748,682
  • REIT · 0.5% · $625,585

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HLTHILTON WORLDWIDE HLDGS INCNEW+988988+$210,750$210,750
ISHARES TRSOLD OUT8.4K0$652,193$0
INVESCO EXCH TRADED FD TR IISOLD OUT14.5K0$347,691$0
TSLATESLA INCSOLD OUT1.1K0$276,310$0
SELECT SECTOR SPDR TRSOLD OUT1.7K0$236,756$0
VANGUARD WORLD FDADDED+5.7K13.7K+$2M$4M
SPDR SER TRADDED+15.9K59.8K+$513,199$2M
ISHARES TRTRIMMED3.4K8.5K$109,287$369,086

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

Holdings — Q1 2024

40 positions
#IssuerClass% PortfolioValueShares
1VANGUARD INDEX FDSS&P 500 ETF SHS · EXTEND MKT ETF · REAL ESTATE ETF28.53%$35M113.4K
2SCHWAB STRATEGIC TRUS DIVIDEND EQ16.91%$20M254.0K
3ISHARES TREAFE VALUE ETF · NATIONAL MUN ETF · RUS 1000 GRW ETF · RUS 1000 VAL ETF · US TREAS BD ETF12.06%$15M192.4K
4VANGUARD WORLD FDINF TECH ETF · MEGA GRWTH IND6.66%$8M21.6K
5SPDR SER TRNUVEEN BLMBRG SH · PORTFOLIO INTRMD · PORTFOLIO LN TSR4.82%$6M164.1K
6MSFTMICROSOFT CORPhistory →COM2.14%$3M6.2K
7AMZNAMAZON COM INChistory →COM1.62%$2M10.9K
8NVDANVIDIA CORPORATIONhistory →COM1.49%$2M2.0K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.46%$2M11.7K
10AAPLAPPLE INChistory →COM1.45%$2M10.3K
11VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF1.38%$2M36.7K
12JPMJPMORGAN CHASE & COCOM0.97%$1M5.9K
13METAMETA PLATFORMS INCCL A0.87%$1M2.2K
14ADPAUTOMATIC DATA PROCESSING INCOM0.83%$1M4.0K
15UNPUNION PAC CORPCOM0.67%$812,4823.3K
16TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.62%$748,6825.5K
17PGPROCTER AND GAMBLE COCOM0.61%$735,5104.5K
18ACCENTURE PLC IRELANDSHS CLASS A0.60%$726,9342.1K
19UNHUNITEDHEALTH GROUP INCCOM0.60%$725,7671.5K
20DYHTARGET CORPCOM0.59%$717,0484.0K
21HDHOME DEPOT INCCOM0.57%$692,2711.8K
22CSCOCISCO SYS INCCOM0.56%$674,43513.5K
23PSXPHILLIPS 66COM0.55%$669,9604.1K
24DWDMORGAN STANLEYCOM NEW0.55%$668,5967.1K
25NEENEXTERA ENERGY INCCOM0.55%$666,44610.4K
26PNCPNC FINL SVCS GROUP INCCOM0.55%$664,8954.1K
27PEPPEPSICO INCCOM0.54%$658,2263.8K
28NSPINSPERITY INCCOM0.54%$651,5225.9K
29ABTABBOTT LABSCOM0.53%$642,5015.7K
30ABGCENCORA INCCOM0.53%$640,4592.6K
31CVSCVS HEALTH CORPCOM0.52%$632,9157.9K
32PLDPROLOGIS INC.COM0.52%$625,5854.8K
33AJGGALLAGHER ARTHUR J & COCOM0.49%$599,4752.4K
34HLIHOULIHAN LOKEY INCCL A0.48%$584,5544.6K
35UPSUNITED PARCEL SERVICE INCCL B0.48%$575,3903.9K
36TE CONNECTIVITY LTDSHS0.47%$575,1724.0K
37PAYXPAYCHEX INCCOM0.47%$570,6694.6K
38VVISA INCCOM CL A0.47%$564,3002.0K
39ADMARCHER DANIELS MIDLAND COCOM0.33%$404,9376.4K
40COSTCOSTCO WHSL CORP NEWCOM0.33%$400,363546

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 ↗.