Managers / Q1 2025 · view latest →
Clifford Group, LLC
CIK 0001965522 · 321 COMMONWEALTH ROAD, SUITE 103, WAYLAND, MA, 01778 · 6176002083
Summary
Clifford Group, LLC reported $107M in U.S.-listed holdings across 76 positions for Q1 2025.
The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 28.6% of reported value.
Compared with Q4 2024, the fund opened 6 new positions and exited 5.
Portfolio Metrics
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
Portfolio Composition
- ETP · 67.6% · $72M
- Common Stock · 29.6% · $32M
- Other · 1.7% · $2M
- ADR · 0.8% · $897,752
- REIT · 0.3% · $300,127
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| KVYOKLAVIYO INC | NEW | +13.8K | 13.8K | +$417,074 | $417,074 |
| UPSUNITED PARCEL SERVICE INC | NEW | +2.0K | 2.0K | +$221,968 | $221,968 |
| MCKMCKESSON CORP | NEW | +329 | 329 | +$221,414 | $221,414 |
| SPOTIFY TECHNOLOGY S A | NEW | +400 | 400 | +$220,012 | $220,012 |
| ORLYOREILLY AUTOMOTIVE INC | NEW | +153 | 153 | +$219,185 | $219,185 |
| VANGUARD INDEX FDS | NEW | +728 | 728 | +$200,084 | $200,084 |
| SPDR SER TR | SOLD OUT | −72.8K | 0 | −$2M | $0 |
| SPDR SER TR | SOLD OUT | −40.7K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | S&P 500 ETF SHS · EXTEND MKT ETF · REAL ESTATE ETF | 37.27% | $40M | 116.5K |
| 2 | ISHARES TR | EAFE VALUE ETF · NATIONAL MUN ETF · RUS 1000 GRW ETF · RUS 1000 VAL ETF · US TREAS BD ETF · US INFRASTRUC · CORE S&P US VLU | 13.99% | $15M | 192.9K |
| 3 | VANGUARD WORLD FD | MEGA GRWTH IND · INF TECH ETF | 10.90% | $12M | 33.2K |
| 4 | AMZNAMAZON COM INChistory → | COM | 2.42% | $3M | 13.6K |
| 5 | SPDR SER TR | NUVEEN BLMBRG SH · NUVEEN BLOOMBERG | 2.41% | $3M | 61.3K |
| 6 | AAPLAPPLE INChistory → | COM | 2.20% | $2M | 10.6K |
| 7 | MSFTMICROSOFT CORPhistory → | COM | 2.12% | $2M | 6.0K |
| 8 | NVDANVIDIA CORPORATIONhistory → | COM | 2.02% | $2M | 19.9K |
| 9 | VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 1.82% | $2M | 42.1K |
| 10 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.66% | $2M | 11.5K |
| 11 | JPMJPMORGAN CHASE & CO.history → | COM | 1.31% | $1M | 5.7K |
| 12 | METAMETA PLATFORMS INChistory → | CL A | 1.28% | $1M | 2.4K |
| 13 | ADPAUTOMATIC DATA PROCESSING INhistory → | COM | 1.15% | $1M | 4.0K |
| 14 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.84% | $897,752 | 5.4K |
| 15 | AJGGALLAGHER ARTHUR J & CO | COM | 0.71% | $758,347 | 2.2K |
| 16 | VVISA INC | COM CL A | 0.67% | $719,845 | 2.1K |
| 17 | DWDMORGAN STANLEY | COM NEW | 0.66% | $707,345 | 6.1K |
| 18 | ABGCENCORA INC | COM | 0.64% | $683,772 | 2.5K |
| 19 | UNPUNION PAC CORP | COM | 0.63% | $679,405 | 2.9K |
| 20 | PGPROCTER AND GAMBLE CO | COM | 0.62% | $667,552 | 3.9K |
| 21 | UNHUNITEDHEALTH GROUP INC | COM | 0.61% | $651,627 | 1.2K |
| 22 | HLIHOULIHAN LOKEY INC | CL A | 0.61% | $651,370 | 4.0K |
| 23 | HDHOME DEPOT INC | COM | 0.55% | $589,243 | 1.6K |
| 24 | PAYXPAYCHEX INC | COM | 0.53% | $568,382 | 3.7K |
| 25 | CSCOCISCO SYS INC | COM | 0.53% | $564,093 | 9.1K |
| 26 | ACCENTURE PLC IRELAND | SHS CLASS A | 0.51% | $545,877 | 1.7K |
| 27 | NSPINSPERITY INC | COM | 0.50% | $530,383 | 5.9K |
| 28 | ABTABBOTT LABS | COM | 0.49% | $527,715 | 4.0K |
| 29 | COSTCOSTCO WHSL CORP NEW | COM | 0.46% | $496,983 | 525 |
| 30 | NEENEXTERA ENERGY INC | COM | 0.44% | $474,306 | 6.7K |
| 31 | PSXPHILLIPS 66 | COM | 0.39% | $419,213 | 3.4K |
| 32 | KVYOKLAVIYO INC | COM SER A | 0.39% | $417,074 | 13.8K |
| 33 | TE CONNECTIVITY PLC | ORD SHS | 0.39% | $415,759 | 2.9K |
| 34 | AVGOBROADCOM INC | COM | 0.39% | $413,326 | 2.5K |
| 35 | LLYELI LILLY & CO | COM | 0.38% | $404,696 | 490 |
| 36 | SPDR S&P 500 ETF TR | TR UNIT | 0.35% | $378,131 | 676 |
| 37 | GSGOLDMAN SACHS GROUP INC | COM | 0.35% | $377,486 | 691 |
| 38 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.33% | $358,426 | 673 |
| 39 | ADIANALOG DEVICES INC | COM | 0.32% | $345,461 | 1.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $130M | 80 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $129M | 76 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $128M | 81 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $122M | 83 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $107M | 76 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $131M | 75 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $129M | 74 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $124M | 73 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $121M | 71 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $108M | 74 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $92M | 70 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $93M | 71 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $82M | 66 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $80M | 74 | Feb 13, 2023 | 13F-HR | changes · 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 ↗.