SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Hughes Financial Services, LLC

CIK 0002054465 · 2201 COOPERATIVE WAY, SUITE 150, HERNDON, VA, 20171 · 703-669-3660

Reported Value
$511M
Q1 2025
Positions
1,071
Filings on Record
6
2019–present window
Filed
May 1, 2025
original filing

Summary

Hughes Financial Services, LLC reported $511M in U.S.-listed holdings across 1,071 positions for Q1 2025.

Its largest position, Spdr Portfolio S P 1500 Composite Stock Market Etf, represents 19.8% of the portfolio.

Compared with Q4 2024, the fund opened 1007 new positions and exited 1.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+75.2%
share of reported value
Largest Position
+19.8%
Spdr Portfolio S P 1500 Composite Stock Market Etf
New / Exited
1007 / 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 ’24: $487MQ4 ’24Q1 ’25: $511MQ1 ’25Q2 ’25: $582MQ2 ’25Q3 ’25: $629MQ3 ’25Q4 ’25: $637MQ4 ’25Q1 ’26: $651MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 95.7%Common Stock: 3.9%Other: 0.3%REIT: 0.1%ADR: 0.0%Other: 0.0%
  • ETP · 95.7% · $489M
  • Common Stock · 3.9% · $20M
  • Other · 0.3% · $1M
  • REIT · 0.1% · $372,891
  • ADR · 0.0% · $131,767
  • Other · 0.0% · $95,371

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES IBONDS DEC 2028 TERM TREASURY ETFNEW+91.4K91.4K+$2M$2M
SPDR PORTFOLIO S&P 500 ETFNEW+24.6K24.6K+$2M$2M
VANGUARD MEGA CAP GROWTH ETFNEW+1.1K1.1K+$354,016$354,016
BACVERIZON COMMUNICATIONS INC COMNEW+4.8K4.8K+$219,957$219,957
GE AEROSPACE COM NEWNEW+1.0K1.0K+$213,572$213,572
CHVCHEVRON CORP NEW COMNEW+1.3K1.3K+$213,502$213,502
DUKDUKE ENERGY CORP NEW COM NEWNEW+1.7K1.7K+$210,904$210,904
YUMYUM BRANDS INC COMNEW+1.3K1.3K+$203,735$203,735

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

Holdings — Q1 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETFETF19.77%$101M1.48M
2JPMORGAN CORE PLUS BOND ETFETF11.96%$61M1.30M
3JPMORGAN INTERNATIONAL RESEARCH ENHANCED EQUITY ETFETF9.15%$47M733.3K
4ISHARES MSCI EMERGING MARKETS EX CHINA ETFETF7.32%$37M676.0K
5ISHARES MSCI USA QUALITY FACTOR ETFETF6.47%$33M193.0K
6INNOVATE EQUITY ETFETF6.26%$32M542.5K
7SPDR PORTFOLIO S&P 600 SMALL CAP ETFETF4.82%$25M602.7K
8SPDR S&P KENSHO FUTURE SECURITY ETFETF3.96%$20M321.3K
9SPDR PORTFOLIO TIPS ETFETF3.05%$16M594.6K
10ISHARES 1-3 YEAR TREASURY BOND ETFETF2.48%$13M153.9K
11DFUSUSDDIMENSIONAL U.S. EQUITY MARKET ETFhistory →ETF1.95%$10M163.9K
12PGIM ACTIVE HIGH YIELD BOND ETFETF1.53%$8M225.6K
13TLHISHARES 10-20 YEAR TREASURY BOND ETFhistory →ETF1.44%$7M70.8K
14SPDR MSCI USA STRATEGICFACTORS ETFETF1.39%$7M45.4K
15VANGUARD SHORT-TERM TAX EXEMPT BOND ETFETF1.35%$7M68.8K
16VANGUARD FTSE ALL-WORLD EX-US INDEX FUNDETF1.28%$7M107.7K
17JPMORGAN HEDGED EQUITY LADDERED OVERLAY ETFETF1.28%$7M109.1K
18VANGUARD FTSE DEVELOPED MARKETS ETFETF1.15%$6M115.3K
19SPDR PORTFOLIO DEVELOPED WORLD EX-US ETFETF1.04%$5M145.7K
20FIRST TRUST MUNICIPAL HIGH INCOME ETFETF0.91%$5M96.5K
21VANGUARD DIVIDEND APPRECIATION ETFETF0.83%$4M21.9K
22ISHARES CORE S&P 500 ETFETF0.61%$3M5.6K
23ISHARES TIPS BOND ETFETF0.47%$2M21.9K
24SPDR S&P 500 ETF TRUSTETF0.47%$2M4.2K
25JPMORGAN MUNICIPAL ETFETF0.44%$2M44.6K
26ISHARES IBONDS DEC 2026 TERM TREASURY ETFETF0.43%$2M95.2K
27ISHARES IBONDS DEC 2027 TERM TREASURY ETFETF0.41%$2M93.5K
28ISHARES IBONDS DEC 2028 TERM TREASURY ETFETF0.40%$2M91.4K
29VANGUARD SMALL-CAP ETFETF0.33%$2M7.7K
30SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETFETF0.33%$2M36.0K
31SPDR PORTFOLIO S&P 500 ETFETF0.32%$2M24.6K
32KNSLKINSALE CAP GROUP INC COMStock0.30%$2M3.2K
33AAPLAPPLE INC COMStock0.29%$1M6.6K
34VANGUARD FTSE EMERGING MARKETS ETFETF0.28%$1M32.0K
35ISHARES CORE S&P SMALL CAP ETFETF0.19%$987,4269.4K
36VUGVANGUARD GROWTH ETFETF0.19%$964,6102.6K
37ISHARES IBONDS DEC 2025 TERM TREASURY ETFETF0.18%$935,12240.1K
38SPDR PORTFOLIO EMERGING MARKETS ETFETF0.17%$855,07321.6K
39ISHARES ESG AWARE MSCI USA ETFETF0.17%$847,9506.9K
40MSFTMICROSOFT CORP COMStock0.15%$783,1072.0K
41JPMJPMORGAN CHASE & CO. COMStock0.14%$731,7113.0K
42EXMOCEXXON MOBIL CORP COMStock0.13%$647,2335.4K
43KOCOCA COLA CO COMStock0.09%$470,5336.5K
44DDOMINION ENERGY INC COMStock0.09%$464,8218.3K
45FULTFULTON FINL CORP PA COMStock0.09%$449,64925.2K
46SPDR PORTFOLIO MSCI GLOBAL STOCK MARKET ETFETF0.08%$415,6466.6K
47MCDMCDONALDS CORP COMStock0.07%$366,0061.2K
48HDHOME DEPOT INC COMStock0.07%$360,037985
49NVDANVIDIA CORPORATION COMStock0.07%$359,8693.3K
50VANGUARD MEGA CAP GROWTH ETFETF0.07%$354,0161.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$651M1,720Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$637M1,276Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$629M1,034Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$582M1,035Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$511M1,071May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$487M65Feb 10, 202513F-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 ↗.