Managers / Q3 2025 · view latest →
Clifford Group, LLC
CIK 0001965522 · 321 COMMONWEALTH ROAD, SUITE 103, WAYLAND, MA, 01778 · 6176002083
Summary
Clifford Group, LLC reported $128M in U.S.-listed holdings across 81 positions for Q3 2025.
The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 30.4% of reported value.
Compared with Q2 2025, the fund opened 2 new positions and exited 4.
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% · $87M
- Common Stock · 29.0% · $37M
- Other · 2.1% · $3M
- ADR · 1.0% · $1M
- REIT · 0.3% · $389,310
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WORLD GOLD TR | NEW | +4.5K | 4.5K | +$343,872 | $343,872 |
| APPAPPLOVIN CORP | NEW | +288 | 288 | +$206,940 | $206,940 |
| VANGUARD SCOTTSDALE FDS | SOLD OUT | −39.6K | 0 | −$2M | $0 |
| GQ9SPDR GOLD TR | SOLD OUT | −807 | 0 | −$245,998 | $0 |
| PINSPINTEREST INC | SOLD OUT | −6.6K | 0 | −$235,600 | $0 |
| T7DTRANSDIGM GROUP INC | SOLD OUT | −142 | 0 | −$215,931 | $0 |
| UPSUNITED PARCEL SERVICE INC | ADDED | +1.5K | 3.8K | +$84,546 | $313,913 |
| SPDR SERIES TRUST | ADDED | +8.6K | 26.0K | +$216,331 | $646,958 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | S&P 500 ETF SHS · EXTEND MKT ETF · REAL ESTATE ETF | 39.69% | $51M | 125.2K |
| 2 | VANGUARD WORLD FD | MEGA GRWTH IND · INF TECH ETF | 12.35% | $16M | 34.0K |
| 3 | 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 | 11.78% | $15M | 180.9K |
| 4 | NVDANVIDIA CORPORATIONhistory → | COM | 2.86% | $4M | 19.7K |
| 5 | AMZNAMAZON COM INChistory → | COM | 2.30% | $3M | 13.4K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 2.25% | $3M | 5.6K |
| 7 | SPDR SERIES TRUST | NUVEEN ICE SHORT · NUVEEN ICE HIGH | 2.23% | $3M | 71.9K |
| 8 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 2.16% | $3M | 11.4K |
| 9 | AAPLAPPLE INChistory → | COM | 1.92% | $2M | 9.7K |
| 10 | METAMETA PLATFORMS INChistory → | CL A | 1.36% | $2M | 2.4K |
| 11 | JPMJPMORGAN CHASE & CO.history → | COM | 1.32% | $2M | 5.4K |
| 12 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.96% | $1M | 4.4K |
| 13 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.92% | $1M | 4.0K |
| 14 | DWDMORGAN STANLEY | COM NEW | 0.68% | $870,376 | 5.5K |
| 15 | AVGOBROADCOM INC | COM | 0.60% | $772,864 | 2.3K |
| 16 | HLIHOULIHAN LOKEY INC | CL A | 0.60% | $772,683 | 3.8K |
| 17 | ABGCENCORA INC | COM | 0.56% | $718,768 | 2.3K |
| 18 | VVISA INC | COM CL A | 0.55% | $701,195 | 2.1K |
| 19 | AJGGALLAGHER ARTHUR J & CO | COM | 0.52% | $672,320 | 2.2K |
| 20 | TE CONNECTIVITY PLC | ORD SHS | 0.49% | $624,038 | 2.8K |
| 21 | ORCLORACLE CORP | COM | 0.48% | $615,072 | 2.2K |
| 22 | HDHOME DEPOT INC | COM | 0.48% | $615,018 | 1.5K |
| 23 | CSCOCISCO SYS INC | COM | 0.45% | $582,474 | 8.5K |
| 24 | UNPUNION PAC CORP | COM | 0.45% | $576,266 | 2.4K |
| 25 | ABTABBOTT LABS | COM | 0.44% | $569,024 | 4.2K |
| 26 | PGPROCTER AND GAMBLE CO | COM | 0.43% | $552,801 | 3.6K |
| 27 | GSGOLDMAN SACHS GROUP INC | COM | 0.43% | $550,278 | 691 |
| 28 | NEENEXTERA ENERGY INC | COM | 0.40% | $513,035 | 6.8K |
| 29 | COSTCOSTCO WHSL CORP NEW | COM | 0.38% | $486,395 | 525 |
| 30 | ACCENTURE PLC IRELAND | SHS CLASS A | 0.38% | $481,964 | 2.0K |
| 31 | PSXPHILLIPS 66 | COM | 0.34% | $442,200 | 3.3K |
| 32 | PAYXPAYCHEX INC | COM | 0.34% | $436,656 | 3.4K |
| 33 | LINDE PLC | SHS | 0.34% | $432,250 | 910 |
| 34 | EATON CORP PLC | SHS | 0.33% | $429,639 | 1.1K |
| 35 | ADIANALOG DEVICES INC | COM | 0.33% | $420,884 | 1.7K |
| 36 | PLDPROLOGIS INC. | COM | 0.30% | $389,310 | 3.4K |
| 37 | NSPINSPERITY INC | COM | 0.30% | $387,647 | 7.9K |
| 38 | UNHUNITEDHEALTH GROUP INC | COM | 0.30% | $379,903 | 1.1K |
| 39 | AXPAMERICAN EXPRESS CO | COM | 0.29% | $377,334 | 1.1K |
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 ↗.