Institutional Manager · CIK 0001727514

Francis Financial, Inc.

NEW YORK, NY · File #028-18221

Latest AUM

$512.1M

Positions

194

Top-10 Concentration

67.8%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	TCW ETF TRUST	29287L700	+91,712	+$3.6M	-$166,863
NEW	SPDR SERIES TRUST	78464A508	+50,215	+$2.9M	$0
REDUCE	APPLE INC	AAPL	-10,168	-$2.8M	-$1.5M
ADD	NVIDIA CORPORATION	NVDA	+14,473	+$2.7M	-$444
ADD	CORNING INC	GLW	+19,620	+$1.7M	+$4,810
ADD	DIMENSIONAL ETF TRUST	25434V690	+36,945	+$1.6M	+$1.3M
ADD	J P MORGAN EXCHANGE TRADED F	46641Q134	+18,302	+$1.4M	+$467,748
REDUCE	VANGUARD WHITEHALL FDS	921946406	-8,044	-$1.2M	+$298,527
ADD	VANGUARD INDEX FDS	922908736	+2,015	+$983,039	+$466,101
REDUCE	VANGUARD BD INDEX FDS	921937819	-12,348	-$961,663	-$127,701

Sector Allocation

Communication Services

5.4%$27.6M

Technology

3.8%$19.5M

Financials

2.5%$12.6M

Consumer Discretionary

1.0%$5.0M

0.4%$2.0M

0.1%$530,972

0.1%$319,207

0.1%$292,172

0.0%$226,546

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 2025194 pos · $512.1M
Nov 6, 202513F HOLDINGS REPORTQ/E Sep 2025260 pos · $562.4M
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 2025167 pos · $435.1M
May 13, 202513F HOLDINGS REPORTQ/E Mar 2025152 pos · $412.4M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 2024151 pos · $395.0M
Nov 1, 202413F HOLDINGS REPORTQ/E Sep 202493 pos · $379.3M
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 202481 pos · $330.4M
Apr 18, 202413F HOLDINGS REPORTQ/E Mar 202472 pos · $310.2M
Oct 25, 202313F HOLDINGS REPORTQ/E Dec 202349 pos · $191.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908363	126,064	$79.1M	16.56%
2	VANGUARD BD INDEX FDS	921937819	595,914	$46.4M	9.72%
3	TCW ETF TRUST	29287L700	926,037	$36.7M	7.68%
4	DIMENSIONAL ETF TRUST	25434V690	741,881	$31.8M	6.66%
5	VANGUARD INDEX FDS	922908736	58,682	$28.6M	6.00%
6	J P MORGAN EXCHANGE TRADED F	46641Q134	367,367	$27.5M	5.76%
7	META PLATFORMS INC	META	39,106	$25.8M	5.41%
8	VANGUARD ADMIRAL FDS INC	921932885	162,744	$18.2M	3.81%
9	VANGUARD WHITEHALL FDS	921946406	108,113	$15.5M	3.25%
10	ISHARES TR	464287804	117,769	$14.2M	2.97%
11	VANGUARD NY TAX FREE FDS	92204H400	131,987	$13.6M	2.85%
12	DIMENSIONAL ETF TRUST	25434V666	362,504	$12.4M	2.60%
13	ISHARES TR	46435U440	254,269	$12.2M	2.55%
14	ISHARES TR	464288570	92,853	$12.0M	2.51%
15	ISHARES TR	46435G243	414,014	$10.4M	2.19%
16	VANGUARD INDEX FDS	922908629	26,301	$7.6M	1.60%
17	NUSHARES ETF TR	NU	68,239	$6.7M	1.40%
18	VANGUARD INDEX FDS	922908769	15,387	$5.2M	1.08%
19	VANGUARD SCOTTSDALE FDS	92206C730	15,860	$4.9M	1.03%
20	DIMENSIONAL ETF TRUST	25434V682	107,308	$4.5M	0.93%