13F HOLDINGS REPORT

Valpey Financial Services, LLC

Quarter ended Q3 2025 · Filed November 7, 2025 · Accession 0002077991-25-000003

Total Value

$152.8M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (72)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908736	17,422	$8.4M	5.47%
2	VANGUARD INDEX FDS	922908744	43,904	$8.2M	5.36%
3	SCHWAB STRATEGIC TR	808524300	251,275	$8.0M	5.25%
4	VANGUARD CHARLOTTE FDS	92203J407	131,887	$6.5M	4.27%
5	SCHWAB STRATEGIC TR	808524409	207,445	$6.0M	3.95%
6	VANGUARD STAR FDS	921909768	79,337	$5.8M	3.81%
7	VANGUARD INTL EQUITY INDEX F	922042775	75,789	$5.4M	3.54%
8	SPDR INDEX SHS FDS	78463X889	123,662	$5.3M	3.46%
9	SCHWAB STRATEGIC TR	808524805	223,656	$5.2M	3.41%
10	VANGUARD BD INDEX FDS	921937835	67,069	$5.0M	3.26%
11	SCHWAB STRATEGIC TR	808524862	201,812	$4.9M	3.22%
12	VANGUARD BD INDEX FDS	921937827	59,850	$4.7M	3.09%
13	VANGUARD INDEX FDS	922908629	14,953	$4.4M	2.87%
14	SCHWAB STRATEGIC TR	808524508	141,937	$4.2M	2.75%
15	VANGUARD INDEX FDS	922908611	20,118	$4.2M	2.75%
16	SCHWAB STRATEGIC TR	808524839	156,521	$3.7M	2.40%
17	SCHWAB STRATEGIC TR	808524607	130,463	$3.6M	2.38%
18	ISHARES TR	464287671	21,059	$3.5M	2.27%
19	VANGUARD SCOTTSDALE FDS	92206C714	37,220	$3.3M	2.18%
20	ISHARES TR	464287663	29,153	$2.9M	1.91%
21	ISHARES TR	464287226	28,608	$2.9M	1.88%
22	VANGUARD SCOTTSDALE FDS	92206C573	36,071	$2.8M	1.85%
23	ISHARES TR	464287176	21,888	$2.4M	1.59%
24	INVESCO EXCH TRADED FD TR II	IVZ	112,080	$2.3M	1.54%
25	VANGUARD ADMIRAL FDS INC	921932885	19,778	$2.2M	1.43%
26	VANGUARD ADMIRAL FDS INC	921932828	18,895	$2.1M	1.37%
27	ISHARES TR	464287465	21,859	$2.0M	1.34%
28	SPDR SERIES TRUST	78464A508	35,764	$2.0M	1.30%
29	SCHWAB STRATEGIC TR	808524870	69,827	$1.9M	1.23%
30	VANGUARD SCOTTSDALE FDS	92206C680	14,636	$1.8M	1.15%
31	ISHARES TR	464287507	26,161	$1.7M	1.12%
32	VANGUARD INTL EQUITY INDEX F	922042858	26,465	$1.4M	0.94%
33	ISHARES TR	464287804	11,486	$1.4M	0.89%
34	SPDR S&P 500 ETF TR	SPY	1,934	$1.3M	0.84%
35	MICROSOFT CORP	MSFT	2,107	$1.1M	0.71%
36	ISHARES TR	464287879	9,407	$1.0M	0.68%
37	ISHARES TR	46435G672	20,070	$1.0M	0.67%
38	ISHARES TR	464287457	12,135	$1.0M	0.66%
39	VANGUARD TAX-MANAGED FDS	921943858	15,808	$947,216	0.62%
40	VANGUARD INDEX FDS	922908751	3,615	$919,167	0.60%
41	ISHARES TR	46435G326	11,229	$900,234	0.59%
42	APPLE INC	AAPL	3,521	$896,595	0.59%
43	INTERNATIONAL BUSINESS MACHS	INTR	3,122	$880,904	0.58%
44	SPDR SERIES TRUST	78464A409	7,651	$799,560	0.52%
45	SPDR SERIES TRUST	78464A847	12,925	$739,194	0.48%
46	ISHARES TR	464288679	6,644	$734,094	0.48%
47	ISHARES TR	464287309	5,941	$717,234	0.47%
48	VANGUARD SCOTTSDALE FDS	92206C102	10,998	$647,211	0.42%
49	ISHARES TR	46434V613	13,653	$637,728	0.42%
50	ISHARES TR	464287408	2,949	$608,978	0.40%
51	VANGUARD BD INDEX FDS	92203C303	11,366	$568,266	0.37%
52	SPDR SERIES TRUST	78468R853	10,624	$492,098	0.32%
53	ISHARES TR	464287119	4,571	$476,790	0.31%
54	ISHARES TR	46432F834	5,765	$476,106	0.31%
55	GOLDMAN SACHS ETF TR	NVGLF	9,545	$445,660	0.29%
56	EXXON MOBIL CORP	XOM	3,925	$442,569	0.29%
57	ISHARES TR	464289883	10,648	$427,640	0.28%
58	JPMORGAN CHASE & CO.	VYLD	1,340	$422,676	0.28%
59	ISHARES TR	464289867	6,488	$417,706	0.27%
60	ISHARES TR	464287614	781	$365,828	0.24%
61	INVESCO EXCH TRADED FD TR II	IVZ	4,935	$362,629	0.24%
62	VANGUARD SCOTTSDALE FDS	92206C870	4,230	$355,816	0.23%
63	SPDR SERIES TRUST	78468R200	10,112	$312,043	0.20%
64	VANGUARD INDEX FDS	922908769	896	$294,099	0.19%
65	SCHWAB STRATEGIC TR	808524854	10,284	$258,427	0.17%
66	ISHARES TR	464289859	2,814	$248,027	0.16%
67	ALPHABET INC	GOOG	967	$235,078	0.15%
68	VANGUARD BD INDEX FDS	921937819	2,925	$228,406	0.15%
69	HONEYWELL INTL INC	438516106	1,070	$225,235	0.15%
70	ISHARES TR	464287200	313	$209,491	0.14%
71	ISHARES INC	46434G103	3,114	$205,305	0.13%
72	ISHARES TR	464287598	1,006	$204,892	0.13%