13F HOLDINGS REPORT

Shepherd Financial Partners LLC

Quarter ended Q3 2025 · Filed November 7, 2025 · Accession 0001696628-25-000002

Total Value

$1.05B

Positions

243

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (243)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	102,156	$68.1M	6.48%
2	SPDR SERIES TRUST	78464A805	725,924	$58.5M	5.57%
3	BLACKROCK ETF TRUST	BLK	766,528	$45.4M	4.32%
4	ISHARES TR	46432F842	493,012	$43.0M	4.10%
5	SPDR SERIES TRUST	78464A409	373,074	$39.0M	3.71%
6	ISHARES TR	46432F339	186,240	$36.2M	3.45%
7	APPLE INC	AAPL	131,935	$33.6M	3.20%
8	ISHARES INC	46434G103	499,937	$33.0M	3.14%
9	ISHARES TR	464287200	45,020	$30.1M	2.87%
10	ISHARES TR	464287101	89,517	$29.8M	2.84%
11	SPDR SERIES TRUST	78464A508	537,900	$29.8M	2.83%
12	SPDR SERIES TRUST	78464A664	1,018,887	$27.5M	2.61%
13	MICROSOFT CORP	MSFT	40,538	$21.0M	2.00%
14	AMAZON COM INC	AMZN	84,920	$18.6M	1.77%
15	NVIDIA CORPORATION	NVDA	97,976	$18.3M	1.74%
16	SPDR SERIES TRUST	78468R853	369,104	$17.1M	1.63%
17	SPDR SERIES TRUST	78464A847	288,393	$16.5M	1.57%
18	BLACKROCK ETF TRUST	BLK	447,278	$15.3M	1.45%
19	ALPHABET INC	GOOG	62,329	$15.2M	1.44%
20	JPMORGAN CHASE & CO.	VYLD	48,091	$15.2M	1.44%
21	ISHARES GOLD TR	IAU	190,826	$13.9M	1.32%
22	ISHARES TR	464287648	42,928	$13.7M	1.31%
23	BLACKROCK ETF TRUST	BLK	343,513	$13.0M	1.24%
24	VANGUARD INDEX FDS	922908611	58,512	$12.2M	1.16%
25	SELECT SECTOR SPDR TR	81369Y803	42,775	$12.1M	1.15%
26	BROADCOM INC	AVGO	34,007	$11.2M	1.07%
27	ISHARES TR	46434V621	157,259	$10.7M	1.02%
28	GLOBAL X FDS	37960A529	150,889	$10.6M	1.01%
29	ALPHABET INC	GOOG	39,448	$9.6M	0.91%
30	VISA INC	V	27,034	$9.2M	0.88%
31	ISHARES TR	46432F396	34,732	$8.9M	0.85%
32	META PLATFORMS INC	META	11,190	$8.2M	0.78%
33	RTX CORPORATION	RTX	48,351	$8.1M	0.77%
34	INVESCO EXCHANGE TRADED FD T	IVZ	39,379	$7.5M	0.71%
35	INVESCO QQQ TR	IVZ	12,405	$7.4M	0.71%
36	ELI LILLY & CO	LLY	9,760	$7.4M	0.71%
37	SPDR SERIES TRUST	78464A854	87,993	$6.9M	0.66%
38	ISHARES TR	464288679	60,616	$6.7M	0.64%
39	ISHARES TR	464287721	32,803	$6.4M	0.61%
40	ABBVIE INC	ABBV	26,021	$6.0M	0.57%
41	BLACKROCK INC	BLK	5,027	$5.9M	0.56%
42	BLACKROCK ETF TRUST II	BLK	117,085	$5.8M	0.55%
43	BLACKSTONE INC	BX	32,858	$5.6M	0.53%
44	BLACKROCK ETF TRUST II	BLK	100,390	$5.3M	0.51%
45	WALMART INC	WMT	49,602	$5.1M	0.49%
46	PROGRESSIVE CORP	743315103	20,162	$5.0M	0.47%
47	VALERO ENERGY CORP	VLO	29,017	$4.9M	0.47%
48	GOLDMAN SACHS GROUP INC	GSCE	5,794	$4.6M	0.44%
49	VANGUARD STAR FDS	921909768	62,299	$4.6M	0.44%
50	ISHARES TR	464288588	45,850	$4.4M	0.42%
51	INVESCO EXCH TRADED FD TR II	IVZ	185,664	$4.3M	0.41%
52	CRH PLC	CRH	33,863	$4.1M	0.39%
53	ISHARES TR	464288281	42,246	$4.0M	0.38%
54	VANGUARD TAX-MANAGED FDS	921943858	66,216	$4.0M	0.38%
55	HONEYWELL INTL INC	438516106	18,694	$3.9M	0.37%
56	LOCKHEED MARTIN CORP	LMT	7,842	$3.9M	0.37%
57	HOME DEPOT INC	HD	9,547	$3.9M	0.37%
58	ISHARES SILVER TR	SLV	87,562	$3.7M	0.35%
59	COCA COLA CO	KO	55,043	$3.7M	0.35%
60	DUKE ENERGY CORP NEW	DUKB	28,930	$3.6M	0.34%
61	TESLA INC	TSLA	8,026	$3.6M	0.34%
62	COSTCO WHSL CORP NEW	22160K105	3,508	$3.2M	0.31%
63	BANK AMERICA CORP	060505104	60,279	$3.1M	0.30%
64	CATERPILLAR INC	CAT	6,480	$3.1M	0.29%
65	ISHARES TR	464288802	21,797	$3.0M	0.28%
66	PROCTER AND GAMBLE CO	742718109	19,097	$2.9M	0.28%
67	ORACLE CORP	ORCL-PD	10,396	$2.9M	0.28%
68	MCDONALDS CORP	MCD	9,486	$2.9M	0.27%
69	MERCK & CO INC	MRK	32,559	$2.7M	0.26%
70	SELECT SECTOR SPDR TR	81369Y886	30,259	$2.6M	0.25%
71	VANGUARD INDEX FDS	922908744	13,790	$2.6M	0.24%
72	NEXTERA ENERGY INC	NEE-PW	33,129	$2.5M	0.24%
73	ISHARES TR	464288570	19,665	$2.5M	0.24%
74	SPDR SERIES TRUST	78464A698	37,604	$2.4M	0.23%
75	ADOBE INC	ADBE	6,595	$2.3M	0.22%
76	MASTERCARD INCORPORATED	MA	3,795	$2.2M	0.21%
77	BOSTON SCIENTIFIC CORP	BSX	21,916	$2.1M	0.20%
78	VANGUARD INDEX FDS	922908553	22,956	$2.1M	0.20%
79	STARBUCKS CORP	SBUX	24,360	$2.1M	0.20%
80	QUALCOMM INC	QCOM	12,261	$2.0M	0.19%
81	EOG RES INC	EOG	18,008	$2.0M	0.19%
82	CROWDSTRIKE HLDGS INC	CRWD	4,082	$2.0M	0.19%
83	ISHARES TR	46429B697	20,654	$2.0M	0.19%
84	EXXON MOBIL CORP	XOM	17,204	$1.9M	0.18%
85	JOHNSON & JOHNSON	JNJ	10,436	$1.9M	0.18%
86	SALESFORCE INC	CRM	7,926	$1.9M	0.18%
87	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,732	$1.9M	0.18%
88	CENCORA INC	COR	5,592	$1.7M	0.17%
89	DANAHER CORPORATION	235851102	8,724	$1.7M	0.16%
90	SELECT SECTOR SPDR TR	81369Y308	21,843	$1.7M	0.16%
91	DIGITAL RLTY TR INC	253868103	9,283	$1.6M	0.15%
92	LPL FINL HLDGS INC	50212V100	4,755	$1.6M	0.15%
93	VANGUARD WORLD FD	921910733	12,933	$1.5M	0.15%
94	VANGUARD INTL EQUITY INDEX F	922042775	21,309	$1.5M	0.14%
95	ACCENTURE PLC IRELAND	ACN	6,068	$1.5M	0.14%
96	CONSOLIDATED EDISON INC	ED	14,729	$1.5M	0.14%
97	ENTERGY CORP NEW	ENO	15,657	$1.5M	0.14%
98	SELECT SECTOR SPDR TR	81369Y407	6,019	$1.4M	0.14%
99	VANGUARD INTL EQUITY INDEX F	922042858	26,429	$1.4M	0.14%
100	PALANTIR TECHNOLOGIES INC	PLTR	7,780	$1.4M	0.14%
101	VANGUARD INDEX FDS	922908736	2,937	$1.4M	0.13%
102	ZOETIS INC	ZTS	9,163	$1.3M	0.13%
103	ALNYLAM PHARMACEUTICALS INC	ALNY	2,736	$1.2M	0.12%
104	VANGUARD INDEX FDS	922908769	3,754	$1.2M	0.12%
105	ELECTRONIC ARTS INC	EA	6,094	$1.2M	0.12%
106	VANGUARD BD INDEX FDS	921937827	15,464	$1.2M	0.12%
107	CISCO SYS INC	CSCO	17,475	$1.2M	0.11%
108	ZSCALER INC	ZS	3,944	$1.2M	0.11%
109	WILLIAMS COS INC	969457100	18,608	$1.2M	0.11%
110	S&P GLOBAL INC	SPGI	2,422	$1.2M	0.11%
111	INTERCONTINENTAL EXCHANGE IN	45866F104	6,911	$1.2M	0.11%
112	PEPSICO INC	PEP	7,386	$1.0M	0.10%
113	VANGUARD WORLD FD	92204A702	1,371	$1.0M	0.10%
114	ADVANCED MICRO DEVICES INC	AMD	6,089	$985,137	0.09%
115	ISHARES TR	464287622	2,627	$960,116	0.09%
116	SOUTHERN CO	SOMN	9,675	$916,911	0.09%
117	ISHARES TR	46435G516	9,368	$871,044	0.08%
118	SNOWFLAKE INC	SNOW	3,768	$849,875	0.08%
119	US BANCORP DEL	USB-PS	17,295	$835,862	0.08%
120	DOMINOS PIZZA INC	DPZ	1,926	$831,468	0.08%
121	LAM RESEARCH CORP	LRCX	6,089	$815,297	0.08%
122	ISHARES TR	464287499	8,226	$794,220	0.08%
123	CHEVRON CORP NEW	CVX	4,985	$774,124	0.07%
124	ISHARES TR	464287507	11,677	$762,040	0.07%
125	CUMMINS INC	CMI	1,795	$757,942	0.07%
126	APOLLO GLOBAL MGMT INC	03769M106	5,595	$745,640	0.07%
127	WASTE MGMT INC DEL	94106L109	3,369	$743,880	0.07%
128	ISHARES INC	46434G863	17,118	$743,263	0.07%
129	BILL HOLDINGS INC	BILL	14,023	$742,798	0.07%
130	FISERV INC	FISV	5,652	$728,648	0.07%
131	ILLINOIS TOOL WKS INC	452308109	2,633	$686,570	0.07%
132	EATON CORP PLC	ETN	1,824	$682,566	0.06%
133	CITIGROUP INC	C-PR	6,636	$673,599	0.06%
134	OMEGA HEALTHCARE INVS INC	681936100	15,901	$671,341	0.06%
135	AUTOZONE INC	AZO	156	$669,277	0.06%
136	WORLD GOLD TR	GLDW	8,711	$665,957	0.06%
137	SPDR SERIES TRUST	78464A870	6,596	$660,934	0.06%
138	ISHARES TR	464287226	6,566	$658,199	0.06%
139	NETFLIX INC	NFLX	544	$652,214	0.06%
140	ISHARES TR	46434V878	12,812	$650,188	0.06%
141	GE VERNOVA INC	GEV	1,047	$644,105	0.06%
142	MORGAN STANLEY	MS-PQ	4,048	$643,509	0.06%
143	UBER TECHNOLOGIES INC	UBER	6,499	$636,708	0.06%
144	APPLIED MATLS INC	038222105	3,088	$632,297	0.06%
145	INVESCO EXCHANGE TRADED FD T	IVZ	13,198	$629,818	0.06%
146	ISHARES TR	464287655	2,587	$625,951	0.06%
147	STAG INDL INC	85254J102	16,823	$593,671	0.06%
148	ISHARES TR	46435U663	13,004	$586,219	0.06%
149	TEXAS INSTRS INC	882508104	3,143	$577,393	0.05%
150	SSGA ACTIVE ETF TR	78467V608	13,816	$574,487	0.05%
151	J P MORGAN EXCHANGE TRADED F	46654Q203	9,817	$564,674	0.05%
152	SPDR INDEX SHS FDS	78463X889	12,998	$556,184	0.05%
153	VANGUARD INDEX FDS	922908595	1,841	$547,919	0.05%
154	TRUIST FINL CORP	89832Q109	11,915	$544,762	0.05%
155	PNC FINL SVCS GROUP INC	693475105	2,587	$519,708	0.05%
156	CONSTELLATION ENERGY CORP	CEG	1,570	$516,570	0.05%
157	MEDTRONIC PLC	MDT	5,314	$506,100	0.05%
158	COMCAST CORP NEW	CCZ	15,250	$479,164	0.05%
159	ISHARES TR	464287804	3,997	$474,964	0.05%
160	SCHWAB STRATEGIC TR	808524102	17,993	$462,600	0.04%
161	DISNEY WALT CO	254687106	4,008	$458,873	0.04%
162	VANGUARD INDEX FDS	922908629	1,551	$455,591	0.04%
163	ISHARES TR	46429B663	3,700	$453,065	0.04%
164	PROSHARES TR	74347R693	4,844	$448,831	0.04%
165	VANGUARD INDEX FDS	922908363	731	$447,650	0.04%
166	VANGUARD SPECIALIZED FUNDS	921908844	2,055	$443,371	0.04%
167	INVESCO EXCH TRADED FD TR II	IVZ	5,605	$438,366	0.04%
168	ENTERPRISE PRODS PARTNERS L	293792107	13,927	$435,491	0.04%
169	SPDR GOLD TR	GLD	1,202	$427,275	0.04%
170	VANGUARD WORLD FD	921910816	1,059	$426,163	0.04%
171	ISHARES TR	464287457	5,131	$425,668	0.04%
172	ABBOTT LABS	ABLZF	3,165	$423,868	0.04%
173	ENBRIDGE INC	ENNPF	8,397	$423,691	0.04%
174	SPDR SERIES TRUST	78464A631	1,743	$409,536	0.04%
175	SELECT SECTOR SPDR TR	81369Y506	4,534	$405,087	0.04%
176	AMGEN INC	AMGN	1,399	$394,870	0.04%
177	VANGUARD INDEX FDS	922908751	1,548	$393,625	0.04%
178	DELTA AIR LINES INC DEL	DAL	6,800	$385,900	0.04%
179	BRISTOL-MYERS SQUIBB CO	CELG-RI	8,468	$381,906	0.04%
180	ENERGY TRANSFER L P	ET-PI	22,186	$380,709	0.04%
181	NORFOLK SOUTHN CORP	655844108	1,259	$378,318	0.04%
182	ISHARES TR	464287176	3,299	$366,858	0.03%
183	ISHARES TR	464287614	773	$362,245	0.03%
184	PFIZER INC	PFE	14,216	$362,235	0.03%
185	CONOCOPHILLIPS	COP	3,811	$360,442	0.03%
186	ISHARES TR	464287150	2,450	$356,843	0.03%
187	AMERICAN EXPRESS CO	AXP	1,069	$355,079	0.03%
188	AMERICAN TOWER CORP NEW	03027X100	1,839	$353,586	0.03%
189	GILEAD SCIENCES INC	GILD	3,145	$349,095	0.03%
190	ISHARES TR	46435G672	6,767	$346,674	0.03%
191	PALO ALTO NETWORKS INC	PANW	1,681	$342,286	0.03%
192	BOOKING HOLDINGS INC	BKNG	63	$340,153	0.03%
193	LOWES COS INC	548661107	1,348	$338,652	0.03%
194	INTUIT	INTU	496	$338,647	0.03%
195	MICRON TECHNOLOGY INC	MU	2,006	$335,661	0.03%
196	NISOURCE INC	NI	7,726	$334,531	0.03%
197	CAMECO CORP	CCJ	3,900	$327,054	0.03%
198	MARRIOTT INTL INC NEW	571903202	1,243	$323,709	0.03%
199	ROBINHOOD MKTS INC	770700102	2,200	$314,996	0.03%
200	ONEOK INC NEW	OKE	4,302	$313,916	0.03%
201	VANGUARD WORLD FD	92204A504	1,201	$311,780	0.03%
202	INTEL CORP	INTC	9,087	$304,864	0.03%
203	ISHARES TR	464288414	2,861	$304,667	0.03%
204	INTERNATIONAL BUSINESS MACHS	INTR	1,062	$299,635	0.03%
205	UNITEDHEALTH GROUP INC	UNH	842	$290,793	0.03%
206	KKR & CO INC	KKRT	2,229	$289,659	0.03%
207	SSGA ACTIVE ETF TR	78467V103	9,270	$286,271	0.03%
208	OLD REP INTL CORP	680223104	6,524	$277,083	0.03%
209	FIRST TR EXCHANGE-TRADED FD	33733E203	1,532	$274,695	0.03%
210	WASHINGTON TR BANCORP INC	940610108	9,425	$272,393	0.03%
211	STRYKER CORPORATION	SYK	727	$268,749	0.03%
212	ISHARES TR	46435U861	5,097	$266,318	0.03%
213	KIMBERLY-CLARK CORP	KMB	2,130	$264,872	0.03%
214	DEERE & CO	DE	572	$261,742	0.02%
215	ISHARES TR	464287630	1,465	$259,026	0.02%
216	AUTOMATIC DATA PROCESSING IN	ADP	882	$258,878	0.02%
217	CROWN CASTLE INC	CCI	2,592	$250,102	0.02%
218	PRINCIPAL FINANCIAL GROUP IN	PFG	3,006	$249,238	0.02%
219	ISHARES TR	46434V407	5,718	$247,610	0.02%
220	WEYERHAEUSER CO MTN BE	WY	9,950	$246,661	0.02%
221	LINDE PLC	LIN	512	$243,249	0.02%
222	VANGUARD INDEX FDS	922908512	1,387	$242,142	0.02%
223	SPROTT FDS TR	SII	4,000	$241,720	0.02%
224	BROADSTONE NET LEASE INC	BNL	13,513	$241,477	0.02%
225	VANGUARD WORLD FD	92204A405	1,787	$234,527	0.02%
226	VERIZON COMMUNICATIONS INC	VZ	5,310	$233,369	0.02%
227	VEEVA SYS INC	VEEV	762	$227,008	0.02%
228	ISHARES TR	464287549	1,800	$226,710	0.02%
229	YUM BRANDS INC	YUM	1,486	$225,859	0.02%
230	ZIONS BANCORPORATION N A	989701107	3,968	$224,529	0.02%
231	NIKE INC	NKE	3,215	$224,177	0.02%
232	UNION PAC CORP	UNP	945	$223,317	0.02%
233	PIMCO ETF TR	72201R833	2,194	$220,944	0.02%
234	ISHARES TR	464287481	1,547	$220,308	0.02%
235	THERMO FISHER SCIENTIFIC INC	TMO	453	$219,714	0.02%
236	TELEDYNE TECHNOLOGIES INC	TDY	374	$219,176	0.02%
237	UNITED PARCEL SERVICE INC	UPS	2,584	$215,875	0.02%
238	SEAGATE TECHNOLOGY HLDNGS PL	SE	881	$207,969	0.02%
239	PHILIP MORRIS INTL INC	718172109	1,275	$206,725	0.02%
240	ISHARES TR	464288224	13,345	$206,585	0.02%
241	NOVAGOLD RES INC	66987E206	10,000	$88,000	0.01%
242	BIGBEAR AI HLDGS INC	BBAI-WT	10,000	$65,200	0.01%
243	LLOYDS BANKING GROUP PLC	LLOBF	10,000	$45,400	0.00%