# Valpey Financial Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2077991. Source: https://holderbook.com/funds/2077991-valpey-financial-services-llc/

- Reported value: $167.9M
- Positions: 76
- Weight of the ten largest: 40.8%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $9.2M | 42,033 | 5.5% | 5 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $8.5M | 98,356 | 5.0% | 5 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $8.1M | 239,215 | 4.8% | 5 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $7.4M | 152,118 | 4.4% | 5 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $6.6M | 190,366 | 3.9% | 5 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $6.2M | 72,145 | 3.7% | 5 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $6.1M | 120,657 | 3.6% | 5 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $5.7M | 236,032 | 3.4% | 5 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $5.6M | 75,702 | 3.3% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $5.4M | 64,102 | 3.2% | 5 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $5.3M | 67,611 | 3.1% | 5 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $5.3M | 190,038 | 3.1% | 5 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $4.8M | 129,972 | 2.9% | 5 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $4.5M | 55,671 | 2.7% | 5 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $4.3M | 22,879 | 2.6% | 5 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $4.3M | 17,546 | 2.5% | 5 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $4.1M | 177,319 | 2.4% | 5 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $4.0M | 111,356 | 2.4% | 5 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $3.7M | 35,223 | 2.2% | 5 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $3.2M | 31,954 | 1.9% | 5 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $3.0M | 26,960 | 1.8% | 5 |
| VANGUARD SCOTTSDALE FDS | [VTC](https://holderbook.com/stocks/VTC/) | $2.9M | 38,411 | 1.8% | 5 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $2.6M | 19,657 | 1.5% | 5 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $2.5M | 124,097 | 1.5% | 5 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $2.5M | 22,890 | 1.5% | 5 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $2.4M | 39,336 | 1.4% | 5 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $2.4M | 17,357 | 1.4% | 5 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.2M | 21,495 | 1.3% | 5 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $2.0M | 76,217 | 1.2% | 5 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $2.0M | 25,753 | 1.2% | 5 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $1.8M | 14,353 | 1.1% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.7M | 11,582 | 1.0% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.6M | 26,145 | 0.9% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.5M | 2,024 | 0.9% | 5 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $1.3M | 25,776 | 0.8% | 5 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.1M | 3,690 | 0.7% | 5 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.1M | 15,662 | 0.7% | 5 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $1.1M | 13,420 | 0.7% | 5 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $1.0M | 7,645 | 0.6% | 5 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $1.0M | 11,523 | 0.6% | 5 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $1.0M | 15,179 | 0.6% | 5 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $937.6K | 16,109 | 0.6% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $927.2K | 3,204 | 0.6% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $916.4K | 2,457 | 0.5% | 5 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $823.1K | 2,927 | 0.5% | 5 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $813.1K | 14,100 | 0.5% | 5 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $789.3K | 15,855 | 0.5% | 5 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $716.9K | 5,212 | 0.4% | 5 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $678.6K | 2,989 | 0.4% | 5 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $648.1K | 2,351 | 0.4% | 1 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $638.6K | 5,367 | 0.4% | 5 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $576.5K | 12,492 | 0.3% | 5 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $545.1K | 5,711 | 0.3% | 5 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $530.0K | 4,529 | 0.3% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $525.3K | 3,842 | 0.3% | 5 |
| GOLDMAN SACHS ETF TR | [GIGB](https://holderbook.com/stocks/GIGB/) | $484.5K | 10,553 | 0.3% | 5 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $474.6K | 4,301 | 0.3% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $435.3K | 1,330 | 0.3% | 5 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $422.6K | 1,142 | 0.3% | 5 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $412.8K | 16,739 | 0.2% | 4 |
| ISHARES TR | [AOK](https://holderbook.com/stocks/AOK/) | $400.4K | 9,653 | 0.2% | 5 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $368.6K | 4,922 | 0.2% | 5 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $364.4K | 2,935 | 0.2% | 5 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $361.7K | 4,376 | 0.2% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $359.9K | 1,007 | 0.2% | 4 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $358.7K | 11,628 | 0.2% | 5 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $345.0K | 4,964 | 0.2% | 5 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $314.3K | 3,220 | 0.2% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $271.0K | 767 | 0.2% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $261.6K | 3,158 | 0.2% | 4 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $234.1K | 966 | 0.1% | 4 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $231.5K | 3,018 | 0.1% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $229.9K | 307 | 0.1% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $227.8K | 897 | 0.1% | 2 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $200.9K | 3,833 | 0.1% | 3 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $200.3K | 8,544 | 0.1% | 1 |

## 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 | +9.5% | +14.8% | -5.3% | 100% |
| Q1 2026 | -0.8% | -4.6% | +3.8% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $167.9M | 76 |
| Q1 2026 | $153.7M | 75 |
| Q4 2025 | $156.6M | 72 |
| Q3 2025 | $152.8M | 72 |
| Q2 2025 | $144.6M | 67 |