13F HOLDINGS REPORT

Valpey Financial Services, LLC

Quarter ended Q2 2025 · Filed July 22, 2025 · Accession 0002077991-25-000001

Total Value

$144.6M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (67)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908736	18,052	$7.9M	5.47%
2	SCHWAB STRATEGIC TR	808524300	264,923	$7.7M	5.35%
3	VANGUARD INDEX FDS	922908744	43,548	$7.7M	5.32%
4	VANGUARD CHARLOTTE FDS	92203J407	125,204	$6.2M	4.29%
5	SCHWAB STRATEGIC TR	808524409	206,929	$5.7M	3.96%
6	VANGUARD STAR FDS	921909768	79,914	$5.5M	3.82%
7	VANGUARD INTL EQUITY INDEX F	922042775	77,935	$5.2M	3.62%
8	SPDR INDEX SHS FDS	78463X889	124,932	$5.1M	3.50%
9	SCHWAB STRATEGIC TR	808524805	227,626	$5.0M	3.48%
10	VANGUARD BD INDEX FDS	921937835	65,108	$4.8M	3.32%
11	SCHWAB STRATEGIC TR	808524862	188,959	$4.6M	3.19%
12	VANGUARD BD INDEX FDS	921937827	57,299	$4.5M	3.12%
13	VANGUARD INDEX FDS	922908629	15,311	$4.3M	2.96%
14	VANGUARD INDEX FDS	922908611	20,914	$4.1M	2.82%
15	SCHWAB STRATEGIC TR	808524508	142,313	$4.0M	2.76%
16	SCHWAB STRATEGIC TR	808524839	149,756	$3.5M	2.41%
17	SCHWAB STRATEGIC TR	808524607	136,441	$3.5M	2.39%
18	ISHARES TR	464287671	22,329	$3.4M	2.32%
19	VANGUARD SCOTTSDALE FDS	92206C714	38,224	$3.3M	2.25%
20	ISHARES TR	464287663	30,174	$2.9M	1.97%
21	ISHARES TR	464287226	27,984	$2.8M	1.92%
22	VANGUARD SCOTTSDALE FDS	92206C573	34,580	$2.7M	1.85%
23	ISHARES TR	464287176	21,077	$2.3M	1.60%
24	INVESCO EXCH TRADED FD TR II	IVZ	106,661	$2.2M	1.54%
25	VANGUARD ADMIRAL FDS INC	921932885	20,595	$2.2M	1.50%
26	ISHARES TR	464287465	21,948	$2.0M	1.36%
27	VANGUARD ADMIRAL FDS INC	921932828	19,364	$2.0M	1.36%
28	SPDR SERIES TRUST	78464A508	35,595	$1.9M	1.29%
29	SCHWAB STRATEGIC TR	808524870	66,303	$1.8M	1.22%
30	VANGUARD SCOTTSDALE FDS	92206C680	15,753	$1.7M	1.19%
31	ISHARES TR	464287507	26,555	$1.6M	1.14%
32	VANGUARD INTL EQUITY INDEX F	922042858	26,500	$1.3M	0.91%
33	ISHARES TR	464287804	11,686	$1.3M	0.88%
34	SPDR S&amp;P 500 ETF TR	SPY	1,972	$1.2M	0.84%
35	MICROSOFT CORP	MSFT	2,222	$1.1M	0.76%
36	ISHARES TR	46435G672	20,227	$1.0M	0.71%
37	ISHARES TR	464287457	11,581	$959,590	0.66%
38	ISHARES TR	464287879	9,492	$944,310	0.65%
39	INTERNATIONAL BUSINESS MACHS	INTR	3,122	$920,303	0.64%
40	VANGUARD TAX-MANAGED FDS	921943858	15,910	$907,003	0.63%
41	VANGUARD INDEX FDS	922908751	3,690	$874,407	0.60%
42	ISHARES TR	46435G326	10,761	$818,271	0.57%
43	ISHARES TR	464288679	6,787	$749,439	0.52%
44	ISHARES TR	464287309	6,579	$724,309	0.50%
45	SPDR SERIES TRUST	78464A409	7,461	$711,170	0.49%
46	SPDR SERIES TRUST	78464A847	13,057	$710,060	0.49%
47	ISHARES TR	46434V613	13,370	$618,085	0.43%
48	ISHARES TR	464287408	2,985	$583,306	0.40%
49	VANGUARD SCOTTSDALE FDS	92206C102	9,481	$557,285	0.39%
50	VANGUARD BD INDEX FDS	92203C303	9,511	$474,251	0.33%
51	JPMORGAN CHASE &amp; CO.	VYLD	1,621	$469,944	0.32%
52	APPLE INC	AAPL	2,281	$467,988	0.32%
53	ISHARES TR	46432F834	5,930	$458,478	0.32%
54	ISHARES TR	464287119	4,583	$444,069	0.31%
55	GOLDMAN SACHS ETF TR	NVGLF	9,486	$436,543	0.30%
56	SPDR SERIES TRUST	78468R853	10,087	$429,710	0.30%
57	EXXON MOBIL CORP	XOM	3,972	$428,145	0.30%
58	ISHARES TR	464289867	6,568	$404,364	0.28%
59	ISHARES TR	464289883	9,641	$376,662	0.26%
60	INVESCO EXCH TRADED FD TR II	IVZ	4,909	$357,480	0.25%
61	VANGUARD SCOTTSDALE FDS	92206C870	4,079	$338,255	0.23%
62	ISHARES TR	464287614	795	$337,541	0.23%
63	SPDR SERIES TRUST	78468R200	9,567	$294,937	0.20%
64	VANGUARD INDEX FDS	922908769	929	$282,381	0.20%
65	HONEYWELL INTL INC	438516106	1,070	$249,182	0.17%
66	ISHARES TR	464289859	2,796	$233,189	0.16%
67	VANGUARD BD INDEX FDS	921937819	2,895	$223,920	0.15%