Affiance Financial, LLC
Sector Allocation
- Other89.4%$626.2M
- Technology4.5%$31.7M
- Financials1.5%$10.3M
- Healthcare1.4%$10.1M
- Industrials1.1%$7.8M
- Consumer Discretionary1.1%$7.4M
- Consumer Staples0.7%$4.6M
- Energy0.1%$677,008
- Materials0.1%$575,208
- Utilities0.1%$557,371
AUM History
13fpro.ai/research/fund/affiance-financial-llc-1723681
Conviction and streaks
Stable · top 10 = 72.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
- VANGUARD$136.3M
- ISHARES$96.0M
- VANGUARD$92.1M
- ISHARES$41.2M
- VANGUARD$36.8M
- ISHARES$34.4M
- VANGUARD$24.3M
- PROFESIONALLY$18.2M
- VANGUARD$16.1M
- SPDR$13.4M
- VANGUARD$12.7M
- ISHARES$11.8M
AAPL
$10.9M- PIMCO$10.4M
- CAPITAL$7.6M
- CAPITAL$7.6M
- ISHARES$6.6M
- ISHARES$6.6M
MSFT
$5.2MDOV
$5.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/affiance-financial-llc-1723681
Affiance Financial, LLC 13F holdings — Q3 2026
$701.1M portfolio (+0.8% QoQ) · 111 holdings · Q3 2026 13F · top 10 are 73% of the stock portfolio
Includes $666K of put/call options ($666K puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $700.4M. Weights use the stock portfolio.
- 1
VANGUARD INDEX FDS - S&P 500 ETF SHS
$136.3M
19.5% of stocks
-0.0%This quarter—Since filed—HeldAIQuality—Est. buy— - 2
ISHARES TR - CORE US AGGBD ET
$96.0M
13.7% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 3
VANGUARD INDEX FDS - MRNGSTR TTL STK
$92.1M
13.1% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
ISHARES TR - CORE MSCI EAFE
$41.2M
5.9% of stocks
+5%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT
$36.8M
5.3% of stocks
+0.2%This quarter—Since filed—HeldAIQuality—Est. buy— - 6
ISHARES TR - RUS 1000 GRW ETF
$34.4M
4.9% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 7
VANGUARD INDEX FDS - MRNGSTR VAL ETF
$24.3M
3.5% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
PROFESIONALLY MANAGED PORTFO - AKRE FOCUS ETF
$18.2M
2.6% of stocks
-7%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
VANGUARD INDEX FDS - EXTEND MKT ETF
$16.1M
2.3% of stocks
-0.5%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
SPDR INDEX SHS FDS - ST PORT MARK ETF
$13.4M
1.9% of stocks
-1%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS - S&P 500 ETF SHS | $136.3M | 19.5% | -0.0% | — | — | — | — | |
| 2 | ISHARES TR - CORE US AGGBD ET | $96.0M | 13.7% | +2% | — | — | — | — | |
| 3 | VANGUARD INDEX FDS - MRNGSTR TTL STK | $92.1M | 13.1% | +4% | — | — | — | — | |
| 4 | ISHARES TR - CORE MSCI EAFE | $41.2M | 5.9% | +5% | — | — | — | — | |
| 5 | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | $36.8M | 5.3% | +0.2% | — | — | — | — | |
| 6 | ISHARES TR - RUS 1000 GRW ETF | $34.4M | 4.9% | +4% | — | — | — | — | |
| 7 | VANGUARD INDEX FDS - MRNGSTR VAL ETF | $24.3M | 3.5% | +4% | — | — | — | — | |
| 8 | PROFESIONALLY MANAGED PORTFO - AKRE FOCUS ETF | $18.2M | 2.6% | -7% | — | — | — | — | |
| 9 | VANGUARD INDEX FDS - EXTEND MKT ETF | $16.1M | 2.3% | -0.5% | — | — | — | — | |
| 10 | SPDR INDEX SHS FDS - ST PORT MARK ETF | $13.4M | 1.9% | -1% | — | — | — | — |
All holdings — Affiance Financial, LLC (Q3 2026)
111 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETFetf/fund | — | $12.7M | 1.8% | 214K | +0.6% | — | — | 13F |
| 12 | — | ISHARES TR - CORE S&P MCP ETFetf/fund | — | $11.8M | 1.7% | 163K | -0.3% | — | — | 13F |
| 13 | Apple Inc. | Technology | $10.9M | 1.6% | 33K | -7% | 11+ qtrsTrimmed 4 qtrs in a row | 75.7 | 13F | |
| 14 | — | PIMCO ETF TR - ACTIVE BD ETFetf/fund | — | $10.4M | 1.5% | 120K | -6% | — | — | 13F |
| 15 | — | CAPITAL GRP FIXED INCM ETF T - CORE PLUS INCMetf/fund | — | $7.6M | 1.1% | 360K | -2% | — | — | 13F |
| 16 | — | CAPITAL GROUP DIVIDEND VALUE - SHS CREAT UNITlp unit | — | $7.6M | 1.1% | 155K | +4% | — | — | 13F |
| 17 | — | ISHARES TR - CORE S&P500 ETFetf/fund | — | $6.6M | 0.9% | 8,659 | -1% | — | — | 13F |
| 18 | — | ISHARES TR - CORE S&P SCP ETFetf/fund | — | $6.6M | 0.9% | 48K | +7% | — | — | 13F |
| 19 | MICROSOFT CORP | Technology | $5.2M | 0.7% | 10K | -6% | 11+ qtrsTrimmed 5 qtrs in a row | 79.8 | 13F | |
| 20 | DOVER Corpetf/fund | Industrials | $5.2M | 0.7% | 33K | -3% | 11+ qtrs | 59.5 | 13F | |
| 21 | Alphabet Inc. | Technology | $4.7M | 0.7% | 14K | -0.4% | 11+ qtrs | 77.7 | 13F | |
| 22 | AMAZON COM INC | Consumer Discretionary | $4.3M | 0.6% | 17K | +5% | 11+ qtrs | 67.5 | 13F | |
| 23 | SPDR S&P 500 ETF TRUSTetf/fund | — | $4.2M | 0.6% | 5,473 | -8% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | — | ISHARES TR - ESG AW MSCI EAFEetf/fund | — | $4.2M | 0.6% | 40K | +2% | — | — | 13F |
| 25 | — | VANGUARD INDEX FDS - MRNGSTR MID CAPetf/fund | — | $4.0M | 0.6% | 51K | +6% | — | — | 13F |
| 26 | — | SPDR SERIES TRUST - SPDR S&P 500 ESG | — | $3.4M | 0.5% | 45K | -0.0% | |||
| 27 | $META | Meta Platforms, Inc. | Technology | $3.3M | 0.5% | 4,558 | +0.0% | |||
| 28 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | — | $3.3M | 0.5% | 14K | +0.4% | |||
| 29 | $GOOGL | Alphabet Inc. | Technology | $3.2M | 0.5% | 9,258 | -0.2% | |||
| 30 | — | ISHARES TR - EAFE GRWTH ETF | — | $2.8M | 0.4% | 24K | — | |||
| 31 | $JPM | JPMORGAN CHASE & CO | Financials | $2.8M | 0.4% | 8,539 | +0.1% | |||
| 32 | — | VANGUARD WORLD FD - INF TECH ETF | — | $2.8M | 0.4% | 22K | +0.1% | |||
| 33 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $2.8M | 0.4% | 5,648 | +36% | |||
| 34 | $MUFG | MITSUBISHI UFJ FINANCIAL GROUP INC | Financials | $2.8M | 0.4% | 52K | +2% | |||
| 35 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $2.7M | 0.4% | 3,634 | +1% | |||
| 36 | — | CAPITAL GROUP CORE EQUITY ET - SHS CREAT UNIT | — | $2.4M | 0.3% | 55K | -2% | |||
| 37 | — | VANGUARD STAR FDS - VG TL INTL STK F | — | $2.2M | 0.3% | 26K | +1% | |||
| 38 | $NVDA | NVIDIA CORP | Technology | $2.1M | 0.3% | 9,214 | -2% | |||
| 39 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $2.0M | 0.3% | 5,528 | -5% | |||
| 40 | — | ISHARES TR - RUS 1000 VAL ETF | — | $1.9M | 0.3% | 7,637 | -9% | |||
| 41 | $WMT | Walmart Inc. | Consumer Staples | $1.7M | 0.3% | 17K | +0.2% | |||
| 42 | $LLY | ELI LILLY & Co | Healthcare | $1.6M | 0.2% | 1,399 | -0.4% | |||
| 43 | — | ISHARES TR - MSCI EAFE ETF | — | $1.6M | 0.2% | 15K | — | |||
| 44 | — | ISHARES TR - ESG AWR MSCI USA | — | $1.6M | 0.2% | 44K | +4% | |||
| 45 | — | SELECT SECTOR SPDR TR - ST STR STAPL ETF | — | $1.6M | 0.2% | 19K | -0.0% | |||
| 46 | $JNJ | JOHNSON & JOHNSON | Healthcare | $1.5M | 0.2% | 5,622 | +0.4% | |||
| 47 | — | ISHARES TR - MSCI EMG MKT ETF | — | $1.5M | 0.2% | 22K | — | |||
| 48 | — | ISHARES TR - GLOBAL ENERG ETF | — | $1.3M | 0.2% | 24K | -5% | |||
| 49 | $MAR | MARRIOTT INTERNATIONAL INC /MD/ | Consumer Discretionary | $1.3M | 0.2% | 3,769 | +0.1% | |||
| 50 | $MMM | 3M CO | Healthcare | $1.3M | 0.2% | 7,985 | -21% | |||
| 51 | — | ISHARES TR - ESG SELECT SCRE | — | $1.2M | 0.2% | 25K | +4% | |||
| 52 | $TGT | TARGET CORP | Consumer Staples | $1.2M | 0.2% | 7,396 | +0.7% | |||
| 53 | — | ISHARES TR - U.S. TECH ETF | — | $1.1M | 0.2% | 4,120 | -6% | |||
| 54 | $MCD | MCDONALDS CORP | Consumer Discretionary | $980K | 0.1% | 4,243 | +5% | |||
| 55 | — | SELECT SECTOR SPDR TR - ST STR CARE ETF | — | $943K | 0.1% | 5,597 | -2% | |||
| 56 | — | VANGUARD INDEX FDS - MRNGSTR SML CAP | — | $917K | 0.1% | 3,221 | +0.0% | |||
| 57 | — | ISHARES TR - RUS MD CP GR ETF | — | $914K | 0.1% | 6,638 | +0.1% | |||
| 58 | — | ISHARES TR - NATIONAL MUN ETF | — | $908K | 0.1% | 8,981 | -5% | |||
| 59 | $TECH | BIO-TECHNE Corp | Healthcare | $893K | 0.1% | 12K | -7% | |||
| 60 | — | ISHARES INC - CORE MSCI EMKT | — | $841K | 0.1% | 10K | New | |||
| 61 | $TSLA | Tesla, Inc. | Consumer Discretionary | $795K | 0.1% | 2,241 | -2% | |||
| 62 | $NU | Nu Holdings Ltd. | Financials | $795K | 0.1% | 16K | +5% | |||
| 63 | — | J P MORGAN EXCHANGE TRADED F - ULTRA SHRT ETF | — | $757K | 0.1% | 15K | -3% | |||
| 64 | — | SELECT SECTOR SPDR TR - ST STR TECHN ETF | — | $729K | 0.1% | 3,724 | — | |||
| 65 | $ABBV | AbbVie Inc. | Healthcare | $716K | 0.1% | 2,737 | +0.6% | |||
| 66 | $MU | MICRON TECHNOLOGY INC | Technology | $711K | 0.1% | 667 | -7% | |||
| 67 | $PRVA | Privia Health Group, Inc. | Healthcare | $684K | 0.1% | 35K | — | |||
| 68 | $NOW | ServiceNow, Inc. | Technology | $669K | 0.1% | 4,990 | — | |||
| 69 | $QQQ PUT | INVESCO QQQ TRUST, SERIES 1 | — | $666K | — | 900 | — | |||
| 70 | — | VANGUARD ADMIRAL FDS INC - MIDCP 400 IDX | — | $610K | 0.1% | 5,012 | +0.3% | |||
| 71 | $ORCL | ORACLE CORP | Technology | $600K | 0.1% | 4,368 | +0.4% | |||
| 72 | $ECL | ECOLAB INC. | Materials | $575K | 0.1% | 2,094 | +0.7% | |||
| 73 | — | SCHWAB STRATEGIC TR - US LCAP GR ETF | — | $567K | 0.1% | 16K | +0.1% | |||
| 74 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $514K | 0.1% | 3,539 | +2% | |||
| 75 | $CAT | CATERPILLAR INC | Industrials | $494K | 0.1% | 609 | +5% | |||
| 76 | $PFH | PRUDENTIAL FINANCIAL INC | Financials | $491K | 0.1% | 4,319 | -9% | |||
| 77 | $LMT | LOCKHEED MARTIN CORP | Industrials | $484K | 0.1% | 950 | +0.6% | |||
| 78 | — | VANGUARD ADMIRAL FDS INC - SMLLCP 600 IDX | — | $469K | 0.1% | 3,705 | — | |||
| 79 | $DCI | DONALDSON Co INC | Industrials | $443K | 0.1% | 5,087 | +0.3% | |||
| 80 | — | ISHARES TR - S&P 500 VAL ETF | — | $439K | 0.1% | 1,924 | +0.4% | |||
| 81 | $GILD | GILEAD SCIENCES, INC. | Healthcare | $418K | 0.1% | 2,807 | +0.5% | |||
| 82 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $418K | 0.1% | 458 | -3% | |||
| 83 | — | VANGUARD SCOTTSDALE FDS - VNG RUS1000VAL | — | $409K | 0.1% | 3,761 | — | |||
| 84 | $XOM.R34088 | EXXON MOBIL CORP | Energy | $367K | 0.1% | 2,256 | New | |||
| 85 | — | ISHARES TR - SELECT DIVID ETF | — | $349K | 0.1% | 2,294 | +0.8% | |||
| 86 | $NVT | nVent Electric plc | Industrials | $340K | 0.1% | 2,122 | +0.1% | |||
| 87 | $V | VISA INC. | Financials | $337K | 0.1% | 937 | +12% | |||
| 88 | $XEL | XCEL ENERGY INC | Utilities | $337K | 0.1% | 4,776 | +4% | |||
| 89 | — | VANGUARD WHITEHALL FDS - HIGH DIV YLD | — | $335K | 0.1% | 2,161 | +0.5% | |||
| 90 | — | VANGUARD SCOTTSDALE FDS - LONG TERM TREAS | — | $329K | 0.1% | 6,562 | +1% | |||
| 91 | $DEO | DIAGEO PLC | Consumer Staples | $317K | 0.1% | 3,702 | — | |||
| 92 | — | ISHARES TR - GLB CNSM STP ETF | — | $314K | 0.0% | 4,800 | — | |||
| 93 | $CVX | CHEVRON CORP | Energy | $310K | 0.0% | 1,516 | +0.7% | |||
| 94 | $NFLX | NETFLIX INC | Communication Services | $310K | 0.0% | 4,451 | +6% | |||
| 95 | — | ISHARES TR - GLOBAL 100 ETF | — | $278K | 0.0% | 1,929 | — | |||
| 96 | $HON | HONEYWELL INTERNATIONAL INC | Industrials | $269K | 0.0% | 1,274 | New | |||
| 97 | $ABT | ABBOTT LABORATORIES | Healthcare | $265K | 0.0% | 2,683 | +12% | |||
| 98 | — | JANUS DETROIT STR TR - HENDRSON AAA CL | — | $260K | 0.0% | 5,160 | New | |||
| 99 | $MDT | Medtronic plc | Healthcare | $257K | 0.0% | 2,979 | — | |||
| 100 | $INTC | INTEL CORP | Technology | $252K | 0.0% | 2,100 | — | |||
| 101 | $GIS | GENERAL MILLS INC | Consumer Staples | $243K | 0.0% | 7,556 | -34% | |||
| 102 | $AEP | AMERICAN ELECTRIC POWER CO INC | Utilities | $221K | 0.0% | 1,860 | — | |||
| 103 | $RTX | RTX Corp | Industrials | $217K | 0.0% | 1,170 | -14% | |||
| 104 | $KO | COCA COLA CO | Consumer Staples | $217K | 0.0% | 2,515 | +0.6% | |||
| 105 | — | CAPITAL GRP FIXED INCM ETF T - MUN INM ETF | — | $209K | 0.0% | 8,060 | +0.9% | |||
| 106 | $AMGN | AMGEN INC | Healthcare | $209K | 0.0% | 495 | New | |||
| 107 | $HONA | Honeywell Aerospace Inc. | Industrials | $209K | 0.0% | 1,348 | New | |||
| 108 | $BA | BOEING CO | Industrials | $207K | 0.0% | 1,114 | — | |||
| 109 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $205K | 0.0% | 2,564 | +0.5% | |||
| 110 | $MPT | MEDICAL PROPERTIES TRUST INC | Real Estate | $198K | 0.0% | 57K | +2% | |||
| 111 | $NSPR | InspireMD, Inc. | Healthcare | $167K | 0.0% | 250K | — |
What changed in Q3 2026
Against the previous quarter's 13F: 6 new, 54 added to, 34 trimmed, 6 sold out. Share-count changes; largest moves by dollar size first.
New positions (6)
- ISHARES INC - CORE MSCI EMKT$841K
first bought this quarter
$XOM.R34088EXXON MOBIL CORP$367K
first bought this quarter
$HONHONEYWELL INTERNATIONAL INC$269K
first bought this quarter
- JANUS DETROIT STR TR - HENDRSON AAA CL$260K
first bought this quarter
$AMGNAMGEN INC$209K
first bought this quarter
$HONAHoneywell Aerospace Inc.$209K
first bought this quarter
Added to (54)
- VANGUARD INDEX FDS - MRNGSTR TTL STK+4%
now $92.1M
- ISHARES TR - CORE US AGGBD ET+2%
now $96.0M
- ISHARES TR - CORE MSCI EAFE+5%
now $41.2M
- ISHARES TR - RUS 1000 GRW ETF+4%
now $34.4M
- VANGUARD INDEX FDS - MRNGSTR VAL ETF+4%
now $24.3M
$BRK.BBERKSHIRE HATHAWAY INC+36%
now $2.8M · held 11+ qtrs
+48 more in the Excel export
Trimmed (34)
- PROFESIONALLY MANAGED PORTFO - AKRE FOCUS ETF-7%
now $18.2M
now $10.9M · held 11+ qtrs, 4 trims in a row
- PIMCO ETF TR - ACTIVE BD ETF-6%
now $10.4M
$SPYSPDR S&P 500 ETF TRUST-8%
now $4.2M · held 11+ qtrs, 2 trims in a row
now $5.2M · held 11+ qtrs, 5 trims in a row
$MMM3M CO-21%
now $1.3M · held 11+ qtrs
+28 more in the Excel export
Holdings by quarter
Every 13F Affiance Financial, LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow Affiance Financial?
Q3 2026 13F filed with the SEC on Oct 15, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Affiance Financial's top 20 holdings: 73/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-2.5%
Value-weighted move of the 10 largest stock positions
Turnover
1%
Last quarter; 7% over the last 4
Top 10 weight
73%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
96%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Affiance Financial, LLC disclosed 111 positions worth $701.1M in its Form 13F-HR for Q3 2026 — $700.4M in common stock plus $665,793 of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 6 new positions and exited 6 and a full exit from $UNP. The portfolio is most concentrated in Other (89.4% of disclosed assets). All figures are sourced directly from Affiance Financial, LLC’s Form 13F-HR filing with the SEC under CIK 1723681.
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AI-Powered Hedge Fund Analysis: Affiance Financial, LLC
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Every holding in Affiance Financial, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.