SEC 13F Intelligence

Managers / Q4 2023 · view latest →

RF&L WEALTH MANAGEMENT, LLC

CIK 0001965915 · 525 MASSACHUSETTS AVENUE, SUITE 205, ACTON, MA, 01720 · 978-263-3435

Reported Value
$120M
Q4 2023
Positions
55
Filings on Record
14
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Rf&L Wealth Management, LLC reported $120M in U.S.-listed holdings across 55 positions for Q4 2023.

Its largest position, Dimensional Etf, represents 13.1% of the portfolio.

Compared with Q3 2023, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+0.4%
vs prior filed quarter
Top-10 Concentration
+59.4%
share of reported value
Largest Position
+13.1%
Dimensional Etf
New / Exited
3 / 1
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: $97MQ4 ’22Q1 ’23: $103MQ2 ’23: $110MQ2 ’23Q3 ’23: $108MQ4 ’23: $120MQ4 ’23Q1 ’24: $130MQ2 ’24: $131MQ2 ’24Q3 ’24: $141MQ4 ’24: $141MQ4 ’24Q1 ’25: $140MQ2 ’25: $155MQ2 ’25Q3 ’25: $170MQ4 ’25: $178MQ4 ’25Q1 ’26: $134Mfilingsflow.com

Portfolio Composition

By security type
ETP: 72.6%Common Stock: 26.8%REIT: 0.7%
  • ETP · 72.6% · $87M
  • Common Stock · 26.8% · $32M
  • REIT · 0.7% · $799,947

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD WORLD FDNEW+855855+$221,881$221,881
FIRST TR EXCHANGE TRADED FDNEW+1.6K1.6K+$208,114$208,114
DBX ETF TRNEW+4.7K4.7K+$204,507$204,507
PGPROCTER AND GAMBLE COSOLD OUT1.4K0$202,318$0
DIMENSIONAL ETF TRUSTADDED+4.9K14.0K+$136,779$348,317
OMEGA HEALTHCARE INVS INCADDED+5.0K26.1K+$100,573$799,947
RVNCEURREVANCE THERAPEUTICS INCADDED+5.0K33.0K$31,090$290,070
WMTWALMART INCADDED+1.2K9.8K+$169,572$2M

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

Holdings — Q4 2023

30 positions
#IssuerClass% PortfolioValueShares
1DFUVDIMENSIONAL ETF TRUSTUS TARGETED VLU · US MKTWIDE VALUE · US CORE EQUITY 2 · US EQUITY ETF · US SMALL CAP ETF · INTERNATNAL VAL · WORLD EX US CORE · INTL SMALL CAP V · EMERGING MKTS CO43.36%$52M1.26M
2VTVVANGUARD INDEX FDSTOTAL STK MKT · SM CP VAL ETF · S&P 500 ETF SHS · VALUE ETF9.31%$11M48.6K
3ISHARES TRCORE S&P TTL STK · CORE MSCI INTL · RUS 1000 VAL ETF · RUSSELL 2000 ETF · RUS 2000 VAL ETF · EAFE SML CP ETF · CORE S&P SCP ETF5.85%$7M68.5K
4AAPLAPPLE INChistory →COM5.65%$7M35.3K
5VANGUARD BD INDEX FDSSHORT TRM BOND · INTERMED TERM5.41%$7M84.5K
6SCHWAB STRATEGIC TRSCHWB FDT INT SC · SCHWB FDT INT LG · US LRG CAP ETF4.49%$5M152.9K
7AMZNAMAZON COM INChistory →COM3.24%$4M25.6K
8MSFTMICROSOFT CORPhistory →COM3.23%$4M10.3K
9ABBVABBVIE INChistory →COM2.44%$3M18.9K
10LLYELI LILLY & COhistory →COM2.04%$2M4.2K
11METAMETA PLATFORMS INChistory →CL A1.94%$2M6.6K
12ISHARES INCCORE MSCI EMKT1.71%$2M40.8K
13WMTWALMART INChistory →COM1.28%$2M9.8K
14JPMJPMORGAN CHASE & COhistory →COM1.06%$1M7.5K
15COSTCOSTCO WHSL CORP NEWhistory →COM1.02%$1M1.9K
16ABTABBOTT LABSCOM0.94%$1M10.2K
17KOCOCA COLA COCOM0.84%$1M17.2K
18OMEGA HEALTHCARE INVS INCCOM0.66%$799,94726.1K
19VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.66%$790,14919.2K
20EXMOCEXXON MOBIL CORPCOM0.52%$625,2756.3K
21NVDANVIDIA CORPORATIONCOM0.49%$589,8071.2K
22XYZBLOCK INCCL A0.47%$562,7217.3K
23QCOMQUALCOMM INCCOM0.45%$542,9413.8K
24SPDR INDEX SHS FDSPORTFOLIO DEVLPD0.40%$486,06014.3K
25SPDR S&P 500 ETF TRTR UNIT0.33%$400,211842
26BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.30%$361,2971.0K
27VANGUARD WORLD FDMEGA CAP VAL ETF0.27%$319,5792.9K
28FIDELITY COVINGTON TRUSTMSCI INFO TECH I0.25%$302,7932.1K
29RVNCEURREVANCE THERAPEUTICS INCCOM0.24%$290,07033.0K
30TSLATESLA INCCOM0.24%$287,7401.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$134M52Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$178M62Jan 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$170M60Oct 8, 202513F-HRchanges · EDGAR ↗
Q2 2025$155M59Jul 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$140M58Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$141M57Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$141M58Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$131M56Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$130M56Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$120M55Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$108M53Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023$110M52Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$103M50May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$97M47Feb 14, 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 ↗.