SFM, LLC

Portfolio Overview

SFM, LLC disclosed 69 positions worth $195.1M in its Form 13F-HR for Q2 2026, followed by $WT. During the quarter the fund opened 10 new positions and exited 4 and a full exit from $INTU. The portfolio is most concentrated in Other (58.4% of disclosed assets). All figures are sourced directly from SFM, LLC’s Form 13F-HR filing with the SEC under CIK 2064225.

• VANGUARD INDEX FDS - S&P 500 ETF SHS

  —

  Quality

  $44.2M64,334 sh
• 

  WisdomTree, Inc.

  $WT

  62.9#716

  Quality

  $16.2M320,992 sh

• VANGUARD INDEX FDS - MID CAP ETF

  —

  Quality

  $12.7M157,364 sh

• ISHARES TR - CORE S&P500 ETF

  —

  Quality

  $10.7M14,296 sh
• 

  iShares Gold Trust Micro

  $IAUM

  —

  Quality

  $8.8M220,012 sh
• 

  AMAZON COM INC

  $AMZN

  74.6

  Quality

  $7.4M30,895 sh
• 

  MICROSOFT CORP

  $MSFT

  83.7

  Quality

  $6.3M16,972 sh
• 

  Alphabet Inc.

  $GOOG

  80.2

  Quality

  $5.9M16,450 sh
• 

  NVIDIA CORP

  $NVDA

  90.2

  Quality

  $5.0M24,743 sh

• ISHARES TR - MSCI INTL QUALTY

  —

  Quality

  $4.8M97,261 sh

Company	Quality	Value	Shares
VANGUARD INDEX FDS - S&P 500 ETF SHS	—	$44.2M	64,334
WisdomTree, Inc.$WT	62.9#716	$16.2M	320,992
VANGUARD INDEX FDS - MID CAP ETF	—	$12.7M	157,364
ISHARES TR - CORE S&P500 ETF	—	$10.7M	14,296
iShares Gold Trust Micro$IAUM	—	$8.8M	220,012
AMAZON COM INC$AMZN	74.6	$7.4M	30,895
MICROSOFT CORP$MSFT	83.7	$6.3M	16,972
Alphabet Inc.$GOOG	80.2	$5.9M	16,450
NVIDIA CORP$NVDA	90.2	$5.0M	24,743
ISHARES TR - MSCI INTL QUALTY	—	$4.8M	97,261

Showing top 10 of 69 holdings.

Full Holdings — SFM, LLC (Q2 2026)

All 69 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	VANGUARD INDEX FDS - S&P 500 ETF SHS	$44.2M	22.6%	+6%	—
2	$WT	WisdomTree, Inc.	$16.2M	8.3%	+74%	62.9
3	—	VANGUARD INDEX FDS - MID CAP ETF	$12.7M	6.5%	+342%	—
4	—	ISHARES TR - CORE S&P500 ETF	$10.7M	5.5%	-4%	—
5	$IAUM	iShares Gold Trust Micro	$8.8M	4.5%	+1%	—
6	$AMZN	AMAZON COM INC	$7.4M	3.8%	-10%	74.6
7	$MSFT	MICROSOFT CORP	$6.3M	3.3%	-17%	83.7
8	$GOOG	Alphabet Inc.	$5.9M	3.0%	-5%	80.2
9	$NVDA	NVIDIA CORP	$5.0M	2.5%	-6%	90.2
10	—	ISHARES TR - MSCI INTL QUALTY	$4.8M	2.5%	+11%	—
11	—	VANGUARD MALVERN FDS - STRM INFPROIDX	$4.2M	2.1%	+4%	—
12	—	SCHWAB STRATEGIC TR - US DIVIDEND EQ	$4.1M	2.1%	-10%	—
13	$IVZ	Invesco Ltd.	$3.1M	1.6%	+85%	—
14	—	VANGUARD WORLD FD - MEGA CAP INDEX	$3.0M	1.5%	NEW	—
15	$BAH	Booz Allen Hamilton Holding Corp	$2.9M	1.5%	-25%	65.5
16	$AAPL	Apple Inc.	$2.8M	1.4%	+3%	76.1
17	$GOOGL	Alphabet Inc.	$2.7M	1.4%	-1%	80.2
18	—	VANGUARD INDEX FDS - TOTAL STK MKT	$2.6M	1.4%	-3%	—
19	$QQQ	INVESCO QQQ TRUST, SERIES 1	$2.6M	1.3%	-1%	—
20	—	ISHARES TR - CORE S&P TTL STK	$2.3M	1.2%	NEW	—
21	—	ISHARES TR - CORE S&P MCP ETF	$2.3M	1.2%	-4%	—
22	$BRK.B	BERKSHIRE HATHAWAY INC	$2.3M	1.2%	-16%	64.5
23	—	VANGUARD INDEX FDS - SMALL CP ETF	$2.3M	1.2%	+7%	—
24	—	SPDR SERIES TRUST - ST STR P500ETF	$2.2M	1.1%	+126%	—
25	$MA	Mastercard Inc	$2.1M	1.1%	-14%	81.7
26	—	VANGUARD INDEX FDS - GROWTH ETF	$2.0M	1.0%	+470%	—
27	—	AMERICAN CENTY ETF TR - US LARGE CAP VLU	$1.9M	1.0%	NEW	—
28	$V	VISA INC.	$1.9M	1.0%	-24%	83.5
29	$META	Meta Platforms, Inc.	$1.8M	0.9%	-30%	80.9
30	—	VANGUARD WORLD FD - MEGA GRWTH IND	$1.6M	0.8%	+1642%	—
31	—	VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT	$1.3M	0.7%	NEW	—
32	—	INVESCO EXCHANGE TRADED FD T - S&P SMCP VLU MNT	$1.2M	0.6%	-17%	—
33	$MDY	SPDR S&P MIDCAP 400 ETF TRUST	$1.2M	0.6%	-2%	—
34	$SHW	SHERWIN WILLIAMS CO	$1.2M	0.6%	-18%	65.3
35	—	VANGUARD WORLD FD - ESG US STK ETF	$1.2M	0.6%	-0%	—
36	$HD	HOME DEPOT, INC.	$1.1M	0.6%	-19%	69.2
37	$RSG	REPUBLIC SERVICES, INC.	$1.1M	0.5%	-30%	72
38	$SPY	SPDR S&P 500 ETF TRUST	$1.0M	0.5%	+0%	—
39	$SYK	STRYKER CORP	$978,415	0.5%	-22%	69.8
40	$IVZ	Invesco Ltd.	$945,416	0.5%	+1%	—
41	$AZO	AUTOZONE INC	$869,296	0.5%	-26%	66.5
42	$LIN	LINDE PLC	$759,249	0.4%	-11%	—
43	—	ISHARES TR - CORE S&P SCP ETF	$753,266	0.4%	-3%	—
44	$COST	COSTCO WHOLESALE CORP /NEW	$638,310	0.3%	+1%	67
45	$AJG	Arthur J. Gallagher & Co.	$619,973	0.3%	-41%	72.1
46	$SPGI	S&P Global Inc.	$523,770	0.3%	-18%	79.4
47	—	AMERICAN CENTY ETF TR - INTL SMCP VLU	$485,159	0.3%	NEW	—
48	$GE	GENERAL ELECTRIC CO	$474,597	0.2%	-23%	74.8
49	—	SPDR SERIES TRUST - ST STR P400MID	$438,937	0.2%	+0%	—
50	$ADI	ANALOG DEVICES INC	$428,944	0.2%	+0%	76.2
51	—	VANGUARD WORLD FD - INF TECH ETF	$394,894	0.2%	+700%	—
52	—	ISHARES TR - EXPANDED TECH	$381,064	0.2%	NEW	—
53	$AVGO	Broadcom Inc.	$373,180	0.2%	-23%	86.4
54	$TSLA	Tesla, Inc.	$329,330	0.2%	-32%	50.1
55	$IAU	ISHARES GOLD TRUST	$323,485	0.2%	-0%	—
56	$BPRE	Bluerock Private Real Estate Fund	$317,393	0.2%	-3%	—
57	$BRO	BROWN & BROWN, INC.	$309,809	0.2%	-47%	75.1
58	—	NUSHARES ETF TR - NUVEEN ESG LRGCP	$307,985	0.2%	+1%	—
59	—	INVESCO EXCH TRADED FD TR II - ESG NASDAQ 100	$288,579	0.1%	-4%	—
60	$LLY	ELI LILLY & Co	$250,103	0.1%	NEW	89.3
61	—	DIMENSIONAL ETF TRUST - EMERGING MKTS VA	$246,147	0.1%	NEW	—
62	—	GLOBAL X FDS - GLOBAL X SILVER	$234,471	0.1%	+0%	—
63	$AMD	ADVANCED MICRO DEVICES INC	$225,974	0.1%	NEW	78.8
64	—	VANGUARD MUN BD FDS - TAX EXEMPT BD	$223,867	0.1%	+0%	—
65	—	AMPLIFY ETF TR - JR SILV MINE ETF	$220,761	0.1%	+0%	—
66	$JPM	JPMORGAN CHASE & CO	$212,576	0.1%	-27%	35.6
67	—	AMERICAN CENTY ETF TR - US SML CP VALU	$207,975	0.1%	NEW	—
68	$NOW	ServiceNow, Inc.	$207,793	0.1%	-71%	76
69	$XOM	EXXON MOBIL CORP	$204,944	0.1%	+0%	61.8