13F HOLDINGS REPORT

Shepherd Financial Partners LLC

Quarter ended Q4 2025 · Filed February 10, 2026 · Accession 0001696628-26-000001

Total Value

$1.08B

Positions

246

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (246)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	101,817	$69.4M	6.43%
2	SPDR SERIES TRUST	78464A805	720,467	$59.4M	5.51%
3	BLACKROCK ETF TRUST	BLK	795,656	$48.4M	4.48%
4	SPDR SERIES TRUST	78464A409	382,010	$40.8M	3.78%
5	ISHARES TR	46432F842	450,052	$40.3M	3.73%
6	SPDR SERIES TRUST	78464A508	693,535	$39.4M	3.65%
7	ISHARES INC	46434G103	582,828	$39.2M	3.63%
8	APPLE INC	AAPL	133,205	$36.2M	3.36%
9	ISHARES TR	464287200	46,235	$31.7M	2.93%
10	ISHARES TR	464287101	91,972	$31.5M	2.92%
11	SPDR SERIES TRUST	78464A664	943,628	$25.0M	2.31%
12	ISHARES TR	46432F339	125,154	$24.9M	2.30%
13	AMAZON COM INC	AMZN	85,060	$19.6M	1.82%
14	ALPHABET INC	GOOG	61,978	$19.4M	1.80%
15	MICROSOFT CORP	MSFT	38,803	$18.8M	1.74%
16	NVIDIA CORPORATION	NVDA	97,854	$18.2M	1.69%
17	SPDR SERIES TRUST	78468R853	385,786	$18.1M	1.68%
18	SPDR SERIES TRUST	78464A847	301,134	$17.4M	1.62%
19	BLACKROCK ETF TRUST	BLK	498,801	$16.6M	1.54%
20	JPMORGAN CHASE & CO.	VYLD	47,307	$15.2M	1.41%
21	ISHARES GOLD TR	IAU	186,414	$15.1M	1.40%
22	ISHARES TR	46432F396	60,361	$15.1M	1.40%
23	BLACKROCK ETF TRUST	BLK	349,279	$13.5M	1.25%
24	ISHARES TR	464287648	41,462	$13.4M	1.24%
25	SELECT SECTOR SPDR TR	81369Y803	86,324	$12.4M	1.15%
26	VANGUARD INDEX FDS	922908611	56,128	$11.9M	1.10%
27	BROADCOM INC	AVGO	33,422	$11.6M	1.07%
28	ELI LILLY & CO	LLY	9,827	$10.6M	0.98%
29	GLOBAL X FDS	37960A529	162,478	$10.5M	0.98%
30	ALPHABET INC	GOOG	32,228	$10.1M	0.93%
31	ISHARES TR	46434V621	143,950	$10.0M	0.93%
32	VISA INC	V	26,917	$9.4M	0.87%
33	RTX CORPORATION	RTX	48,121	$8.8M	0.82%
34	INVESCO QQQ TR	IVZ	13,387	$8.2M	0.76%
35	META PLATFORMS INC	META	11,463	$7.6M	0.70%
36	ISHARES TR	464287721	36,210	$7.2M	0.67%
37	SPDR SERIES TRUST	78464A854	88,080	$7.1M	0.65%
38	BLACKROCK ETF TRUST II	BLK	128,919	$6.3M	0.58%
39	ABBVIE INC	ABBV	26,124	$6.0M	0.55%
40	WALMART INC	WMT	50,130	$5.6M	0.52%
41	BLACKROCK ETF TRUST II	BLK	102,689	$5.4M	0.50%
42	BLACKROCK INC	BLK	5,022	$5.4M	0.50%
43	GOLDMAN SACHS GROUP INC	GSCE	5,799	$5.1M	0.47%
44	ISHARES SILVER TR	SLV	78,105	$5.0M	0.47%
45	BLACKSTONE INC	BX	32,552	$5.0M	0.46%
46	VANGUARD STAR FDS	921909768	62,299	$4.7M	0.44%
47	VALERO ENERGY CORP	VLO	28,826	$4.7M	0.43%
48	INVESCO EXCH TRADED FD TR II	IVZ	202,280	$4.7M	0.43%
49	LOCKHEED MARTIN CORP	LMT	9,300	$4.5M	0.42%
50	TESLA INC	TSLA	9,965	$4.5M	0.42%
51	ISHARES TR	464288588	46,654	$4.4M	0.41%
52	INVESCO EXCHANGE TRADED FD T	IVZ	22,980	$4.4M	0.41%
53	CRH PLC	CRH	35,089	$4.4M	0.41%
54	ISHARES TR	464288281	42,726	$4.1M	0.38%
55	VANGUARD TAX-MANAGED FDS	921943858	63,699	$4.0M	0.37%
56	PROGRESSIVE CORP	743315103	17,428	$4.0M	0.37%
57	COCA COLA CO	KO	55,047	$3.8M	0.36%
58	CATERPILLAR INC	CAT	6,439	$3.7M	0.34%
59	HONEYWELL INTL INC	438516106	18,811	$3.7M	0.34%
60	MERCK & CO INC	MRK	33,194	$3.5M	0.32%
61	DUKE ENERGY CORP NEW	DUKB	28,769	$3.4M	0.31%
62	BANK AMERICA CORP	060505104	60,410	$3.3M	0.31%
63	HOME DEPOT INC	HD	9,545	$3.3M	0.30%
64	COSTCO WHSL CORP NEW	22160K105	3,488	$3.0M	0.28%
65	ISHARES TR	464288802	21,455	$3.0M	0.28%
66	MCDONALDS CORP	MCD	9,337	$2.9M	0.26%
67	ISHARES TR	464288679	24,595	$2.7M	0.25%
68	PROCTER AND GAMBLE CO	742718109	18,729	$2.7M	0.25%
69	VANGUARD INDEX FDS	922908744	13,803	$2.6M	0.24%
70	NEXTERA ENERGY INC	NEE-PW	32,536	$2.6M	0.24%
71	EXXON MOBIL CORP	XOM	21,679	$2.6M	0.24%
72	ORACLE CORP	ORCL-PD	13,371	$2.6M	0.24%
73	SELECT SECTOR SPDR TR	81369Y886	60,882	$2.6M	0.24%
74	ISHARES TR	464288570	18,874	$2.4M	0.23%
75	SPDR SERIES TRUST	78464A698	35,180	$2.3M	0.21%
76	JOHNSON & JOHNSON	JNJ	10,330	$2.1M	0.20%
77	MASTERCARD INCORPORATED	MA	3,721	$2.1M	0.20%
78	SALESFORCE INC	CRM	7,774	$2.1M	0.19%
79	DANAHER CORPORATION	235851102	8,910	$2.0M	0.19%
80	QUALCOMM INC	QCOM	11,885	$2.0M	0.19%
81	BOSTON SCIENTIFIC CORP	BSX	21,301	$2.0M	0.19%
82	STARBUCKS CORP	SBUX	23,991	$2.0M	0.19%
83	ISHARES TR	46429B697	20,390	$1.9M	0.18%
84	CROWDSTRIKE HLDGS INC	CRWD	4,095	$1.9M	0.18%
85	VANGUARD INDEX FDS	922908553	21,274	$1.9M	0.17%
86	EOG RES INC	EOG	17,758	$1.9M	0.17%
87	CENCORA INC	COR	5,430	$1.8M	0.17%
88	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,577	$1.8M	0.17%
89	SELECT SECTOR SPDR TR	81369Y308	22,084	$1.7M	0.16%
90	LPL FINL HLDGS INC	50212V100	4,755	$1.7M	0.16%
91	VANGUARD INTL EQUITY INDEX F	922042775	21,309	$1.6M	0.15%
92	VANGUARD WORLD FD	921910733	12,933	$1.6M	0.14%
93	ADOBE INC	ADBE	4,452	$1.6M	0.14%
94	ACCENTURE PLC IRELAND	ACN	5,700	$1.5M	0.14%
95	CONSOLIDATED EDISON INC	ED	15,047	$1.5M	0.14%
96	ENTERGY CORP NEW	ENO	15,622	$1.4M	0.13%
97	VANGUARD INDEX FDS	922908736	2,937	$1.4M	0.13%
98	SELECT SECTOR SPDR TR	81369Y407	11,864	$1.4M	0.13%
99	PALANTIR TECHNOLOGIES INC	PLTR	7,944	$1.4M	0.13%
100	AMGEN INC	AMGN	4,296	$1.4M	0.13%
101	DIGITAL RLTY TR INC	253868103	9,083	$1.4M	0.13%
102	CISCO SYS INC	CSCO	17,670	$1.4M	0.13%
103	VANGUARD INTL EQUITY INDEX F	922042858	24,070	$1.3M	0.12%
104	ADVANCED MICRO DEVICES INC	AMD	5,957	$1.3M	0.12%
105	S&P GLOBAL INC	SPGI	2,402	$1.3M	0.12%
106	VANGUARD INDEX FDS	922908769	3,704	$1.2M	0.12%
107	MICRON TECHNOLOGY INC	MU	4,198	$1.2M	0.11%
108	WILLIAMS COS INC	969457100	19,034	$1.1M	0.11%
109	INTERCONTINENTAL EXCHANGE IN	45866F104	6,828	$1.1M	0.10%
110	ALNYLAM PHARMACEUTICALS INC	ALNY	2,736	$1.1M	0.10%
111	VANGUARD BD INDEX FDS	921937827	13,369	$1.1M	0.10%
112	PEPSICO INC	PEP	7,317	$1.1M	0.10%
113	VANGUARD WORLD FD	92204A702	1,372	$1.0M	0.10%
114	ISHARES TR	464287622	2,627	$981,028	0.09%
115	US BANCORP DEL	USB-PS	17,084	$911,621	0.08%
116	ZSCALER INC	ZS	3,925	$882,812	0.08%
117	ISHARES TR	46435G516	9,236	$878,219	0.08%
118	CUMMINS INC	CMI	1,709	$872,296	0.08%
119	SNOWFLAKE INC	SNOW	3,929	$861,867	0.08%
120	CHEVRON CORP NEW	CVX	5,554	$846,512	0.08%
121	SOUTHERN CO	SOMN	9,675	$843,671	0.08%
122	APPLIED MATLS INC	038222105	3,188	$819,376	0.08%
123	APOLLO GLOBAL MGMT INC	03769M106	5,574	$806,825	0.07%
124	DOMINOS PIZZA INC	DPZ	1,899	$791,491	0.07%
125	FABRINET	FN	1,738	$791,276	0.07%
126	ISHARES TR	464287507	11,677	$770,682	0.07%
127	GE VERNOVA INC	GEV	1,173	$766,443	0.07%
128	BILL HOLDINGS INC	BILL	14,023	$764,814	0.07%
129	WORLD GOLD TR	GLDW	8,920	$761,503	0.07%
130	ISHARES TR	464287499	7,879	$758,513	0.07%
131	CITIGROUP INC	C-PR	6,407	$747,679	0.07%
132	WASTE MGMT INC DEL	94106L109	3,369	$740,297	0.07%
133	MARATHON PETE CORP	MARA	4,507	$732,973	0.07%
134	MORGAN STANLEY	MS-PQ	4,126	$732,450	0.07%
135	SPDR SERIES TRUST	78464A870	5,942	$724,498	0.07%
136	ISHARES TR	46435U663	15,712	$722,438	0.07%
137	ARISTA NETWORKS INC	ANET	5,458	$715,158	0.07%
138	OMEGA HEALTHCARE INVS INC	681936100	15,901	$705,051	0.07%
139	LAM RESEARCH CORP	LRCX	4,066	$696,100	0.06%
140	ISHARES INC	46434G863	15,241	$673,185	0.06%
141	ISHARES TR	464287655	2,661	$655,092	0.06%
142	STAG INDL INC	85254J102	16,997	$624,799	0.06%
143	ILLINOIS TOOL WKS INC	452308109	2,534	$624,078	0.06%
144	INVESCO EXCHANGE TRADED FD T	IVZ	13,200	$616,111	0.06%
145	CONSTELLATION ENERGY CORP	CEG	1,683	$594,562	0.06%
146	ISHARES TR	464287226	5,944	$593,662	0.06%
147	TRUIST FINL CORP	89832Q109	12,040	$592,487	0.05%
148	EATON CORP PLC	ETN	1,823	$580,720	0.05%
149	SPDR INDEX SHS FDS	78463X889	12,998	$577,241	0.05%
150	J P MORGAN EXCHANGE TRADED F	46654Q203	9,817	$570,564	0.05%
151	UBER TECHNOLOGIES INC	UBER	6,911	$564,702	0.05%
152	COINBASE GLOBAL INC	COIN	2,468	$558,117	0.05%
153	VANGUARD INDEX FDS	922908595	1,841	$556,185	0.05%
154	TEXAS INSTRS INC	882508104	3,084	$535,107	0.05%
155	AUTOZONE INC	AZO	156	$529,075	0.05%
156	SPDR S&P MIDCAP 400 ETF TR	MDY	855	$515,805	0.05%
157	MEDTRONIC PLC	MDT	5,305	$509,592	0.05%
158	SSGA ACTIVE ETF TR	78467V608	12,331	$508,905	0.05%
159	NETFLIX INC	NFLX	5,339	$500,585	0.05%
160	PNC FINL SVCS GROUP INC	693475105	2,373	$495,285	0.05%
161	SCHWAB STRATEGIC TR	808524102	18,049	$473,433	0.04%
162	DELTA AIR LINES INC DEL	DAL	6,800	$471,920	0.04%
163	CONOCOPHILLIPS	COP	5,033	$471,183	0.04%
164	VANGUARD INDEX FDS	922908363	731	$458,432	0.04%
165	PROSHARES TR	74347R693	4,844	$456,789	0.04%
166	VANGUARD SPECIALIZED FUNDS	921908844	2,056	$451,932	0.04%
167	ENTERPRISE PRODS PARTNERS L	293792107	13,964	$447,686	0.04%
168	DISNEY WALT CO	254687106	3,880	$441,384	0.04%
169	INVESCO EXCH TRADED FD TR II	IVZ	5,231	$440,921	0.04%
170	ISHARES TR	46429B663	3,625	$440,836	0.04%
171	VANGUARD WORLD FD	921910816	1,059	$437,123	0.04%
172	COMCAST CORP NEW	CCZ	14,384	$429,937	0.04%
173	ISHARES TR	464287457	5,121	$424,121	0.04%
174	LOWES COS INC	548661107	1,747	$421,198	0.04%
175	ISHARES TR	464287804	3,502	$420,871	0.04%
176	SPDR SERIES TRUST	78464A631	1,743	$420,482	0.04%
177	SELECT SECTOR SPDR TR	81369Y506	9,117	$407,614	0.04%
178	ENBRIDGE INC	ENNPF	8,412	$402,328	0.04%
179	VANGUARD INDEX FDS	922908751	1,548	$399,306	0.04%
180	ABBOTT LABS	ABLZF	3,161	$396,064	0.04%
181	AMERICAN EXPRESS CO	AXP	1,068	$395,106	0.04%
182	GILEAD SCIENCES INC	GILD	3,143	$385,772	0.04%
183	MARRIOTT INTL INC NEW	571903202	1,228	$381,040	0.04%
184	SPDR GOLD TR	GLD	952	$377,288	0.03%
185	ENERGY TRANSFER L P	ET-PI	22,464	$370,423	0.03%
186	ISHARES TR	464287150	2,450	$364,291	0.03%
187	NORFOLK SOUTHN CORP	655844108	1,260	$363,690	0.03%
188	ISHARES TR	46434V878	7,166	$362,455	0.03%
189	INTEL CORP	INTC	9,701	$357,961	0.03%
190	ISHARES TR	464287176	3,217	$353,580	0.03%
191	VANGUARD INDEX FDS	922908629	1,203	$349,134	0.03%
192	PFIZER INC	PFE	13,902	$346,160	0.03%
193	VANGUARD WORLD FD	92204A504	1,201	$345,708	0.03%
194	BOOKING HOLDINGS INC	BKNG	63	$337,386	0.03%
195	ISHARES TR	46435G672	6,641	$332,108	0.03%
196	INTUIT	INTU	496	$328,574	0.03%
197	NISOURCE INC	NI	7,711	$322,007	0.03%
198	AMERICAN TOWER CORP NEW	03027X100	1,827	$320,829	0.03%
199	PALO ALTO NETWORKS INC	PANW	1,734	$319,403	0.03%
200	ONEOK INC NEW	OKE	4,308	$316,646	0.03%
201	FIRST TR EXCHANGE-TRADED FD	33733E203	1,532	$316,414	0.03%
202	INTERNATIONAL BUSINESS MACHS	INTR	1,062	$314,556	0.03%
203	ISHARES TR	464288414	2,801	$300,015	0.03%
204	OLD REP INTL CORP	680223104	6,530	$298,032	0.03%
205	SSGA ACTIVE ETF TR	78467V103	9,373	$294,782	0.03%
206	KKR & CO INC	KKRT	2,229	$284,153	0.03%
207	TAIWAN SEMICONDUCTOR MFG LTD	874039100	901	$273,737	0.03%
208	ISHARES TR	46435U861	5,097	$270,906	0.03%
209	DEERE & CO	DE	573	$266,966	0.02%
210	PRINCIPAL FINANCIAL GROUP IN	PFG	3,009	$265,440	0.02%
211	THERMO FISHER SCIENTIFIC INC	TMO	453	$262,492	0.02%
212	STRYKER CORPORATION	SYK	727	$255,518	0.02%
213	ISHARES TR	464287614	536	$253,689	0.02%
214	ISHARES TR	464287630	1,385	$250,975	0.02%
215	ISHARES TR	46434V407	5,809	$249,028	0.02%
216	ROBINHOOD MKTS INC	770700102	2,200	$248,820	0.02%
217	MSC INCOME FUND INC	MSIF	18,858	$247,794	0.02%
218	VANGUARD INDEX FDS	922908512	1,387	$246,012	0.02%
219	VANGUARD WORLD FD	92204A405	1,787	$238,547	0.02%
220	SEAGATE TECHNOLOGY HLDNGS PL	SE	858	$236,285	0.02%
221	BROADSTONE NET LEASE INC	BNL	13,513	$234,721	0.02%
222	ISHARES TR	464287549	1,800	$232,488	0.02%
223	ZIONS BANCORPORATION N A	989701107	3,971	$232,478	0.02%
224	UNITEDHEALTH GROUP INC	UNH	702	$231,781	0.02%
225	CROWN CASTLE INC	CCI	2,592	$230,351	0.02%
226	BRISTOL-MYERS SQUIBB CO	CELG-RI	4,264	$230,013	0.02%
227	AUTOMATIC DATA PROCESSING IN	ADP	884	$227,516	0.02%
228	YUM BRANDS INC	YUM	1,489	$225,287	0.02%
229	SOLSTICE ADVANCED MATLS INC	83443Q103	4,622	$224,542	0.02%
230	SPROTT FDS TR	SII	4,000	$219,560	0.02%
231	ISHARES BITCOIN TRUST ETF	IBIT	4,420	$219,451	0.02%
232	LINDE PLC	LIN	511	$217,969	0.02%
233	VERIZON COMMUNICATIONS INC	VZ	5,312	$216,352	0.02%
234	UNION PAC CORP	UNP	931	$215,313	0.02%
235	ISHARES TR	464287556	1,264	$213,324	0.02%
236	ISHARES TR	464287481	1,547	$211,846	0.02%
237	MPLX LP	MPLXP	3,968	$211,746	0.02%
238	ISHARES TR	464288224	12,824	$210,701	0.02%
239	NIKE INC	NKE	3,215	$204,823	0.02%
240	PHILIP MORRIS INTL INC	718172109	1,275	$204,430	0.02%
241	TJX COS INC NEW	872540109	1,327	$203,841	0.02%
242	ISHARES TR	464287689	524	$202,710	0.02%
243	WELLS FARGO CO NEW	949746101	2,150	$200,380	0.02%
244	NOVAGOLD RES INC	66987E206	10,000	$93,200	0.01%
245	BIGBEAR AI HLDGS INC	BBAI-WT	10,000	$54,000	0.01%
246	LLOYDS BANKING GROUP PLC	LLOBF	10,000	$53,000	0.00%