# AAF Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1726609. Source: https://holderbook.com/funds/1726609-aaf-wealth-management-llc/

- Reported value: $271.1M
- Positions: 57
- Weight of the ten largest: 86.0%
- Filed: 2026-07-17

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $60.9M | 81,307 | 22.5% | 23 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $38.3M | 175,562 | 14.1% | 23 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $36.4M | 408,779 | 13.4% | 18 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $29.7M | 97,959 | 10.9% | 18 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $23.7M | 241,414 | 8.7% | 18 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $13.0M | 167,957 | 4.8% | 23 |
| INVESCO EXCH TRADED FD TR II | [IDMO](https://holderbook.com/stocks/IDMO/) | $11.0M | 183,135 | 4.1% | 1 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $9.3M | 117,528 | 3.4% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.9M | 20,377 | 2.2% | 23 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $5.0M | 51,604 | 1.8% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.0M | 11,455 | 1.5% | 19 |
| FIDELITY COVINGTON TRUST | [FELC](https://holderbook.com/stocks/FELC/) | $2.2M | 53,242 | 0.8% | 11 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.8M | 14,598 | 0.7% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.8M | 2,397 | 0.7% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.7M | 4,876 | 0.6% | 12 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.6M | 20,165 | 0.6% | 23 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.6M | 10,538 | 0.6% | 23 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 2,563 | 0.5% | 18 |
| INVESCO EXCHANGE TRADED FD T | [PID](https://holderbook.com/stocks/PID/) | $1.4M | 64,662 | 0.5% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4M | 3,776 | 0.5% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 5,995 | 0.4% | 5 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.2M | 2,413 | 0.4% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.1M | 4,761 | 0.4% | 18 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.1M | 12,320 | 0.4% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $933.2K | 1,865 | 0.3% | 17 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $794.2K | 2,643 | 0.3% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.3% | 17 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $745.8K | 3,076 | 0.3% | 23 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $727.1K | 26,250 | 0.3% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $715.7K | 972 | 0.3% | 3 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $688.3K | 1,681 | 0.3% | 23 |
| J P MORGAN EXCHANGE TRADED F | [JMTG](https://holderbook.com/stocks/JMTG/) | $664.9K | 13,120 | 0.2% | 5 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $599.7K | 2,348 | 0.2% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $542.3K | 1,436 | 0.2% | 5 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $499.8K | 5,236 | 0.2% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $488.5K | 711 | 0.2% | 9 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $471.7K | 4,276 | 0.2% | 23 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $457.7K | 3,461 | 0.2% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $452.7K | 5,465 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $446.7K | 1,207 | 0.2% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $445.4K | 1,754 | 0.2% | 23 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $338.0K | 1,781 | 0.1% | 8 |
| ISHARES TR | [ESML](https://holderbook.com/stocks/ESML/) | $319.4K | 5,710 | 0.1% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $288.9K | 4,840 | 0.1% | 9 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $284.5K | 1,967 | 0.1% | 1 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $273.6K | 3,200 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $271.5K | 789 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $270.7K | 893 | 0.1% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $261.8K | 963 | 0.1% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $254.6K | 905 | 0.1% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $234.0K | 1,676 | 0.1% | 1 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $233.3K | 1,540 | 0.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $231.4K | 1,578 | 0.1% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $229.7K | 199 | 0.1% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $210.7K | 507 | 0.1% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $208.5K | 1,525 | 0.1% | 2 |
| ACRIVON THERAPEUTICS INC | [ACRV](https://holderbook.com/stocks/ACRV/) | $19.0K | 10,678 | 0.0% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.9% | +14.8% | -2.9% | 100% |
| Q1 2026 | -1.6% | -4.6% | +3.1% | 100% |
| Q4 2025 | +3.1% | +2.4% | +0.7% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.4% | 100% |
| Q2 2025 | +8.9% | +10.5% | -1.6% | 100% |
| Q1 2025 | -1.1% | -4.6% | +3.4% | 100% |
| Q4 2024 | -1.7% | +2.1% | -3.9% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $271.1M | 57 |
| Q1 2026 | $243.8M | 54 |
| Q4 2025 | $237.2M | 50 |
| Q3 2025 | $220.8M | 43 |
| Q2 2025 | $219.5M | 47 |
| Q1 2025 | $185.3M | 47 |
| Q4 2024 | $198.3M | 47 |
| Q3 2024 | $198.5M | 44 |
| Q2 2024 | $193.0M | 46 |
| Q1 2024 | $177.8M | 43 |
| Q4 2023 | $171.0M | 46 |
| Q3 2023 | $155.7M | 40 |