Institutional Manager · CIK 0001911316
Forbes Financial Planning, Inc.
EAST GREENWICH, RI · File #028-22282
Latest AUM
$171.0M
Positions
36
Top-10 Concentration
68.5%
Filings
9
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 |
|---|---|---|---|---|---|
| NEW | VANGUARD INDEX FDS | 922908595 | +28,039 | +$8.5M | $0 |
| NEW | APPLE INC | AAPL | +29,578 | +$8.0M | $0 |
| NEW | ISHARES TR | 46429B655 | +139,592 | +$7.1M | $0 |
| REDUCE | SPDR SERIES TRUST | 78464A201 | -71,506 | -$6.7M | -$91,821 |
| REDUCE | VANGUARD BD INDEX FDS | 921937835 | -62,848 | -$4.7M | -$54,497 |
| ADD | ISHARES TR | 46434V621 | +64,537 | +$4.5M | +$91,197 |
| REDUCE | FIDELITY COVINGTON TRUST | 316092782 | -60,703 | -$4.4M | +$246,393 |
| NEW | WORLD GOLD TR | GLDW | +50,379 | +$4.3M | $0 |
| ADD | VANGUARD TAX-MANAGED FDS | 921943858 | +55,261 | +$3.5M | +$355,190 |
| REDUCE | FIDELITY COVINGTON TRUST | 316092352 | -57,744 | -$3.2M | +$43,120 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202536 pos · $171.0M
- 13F HOLDINGS REPORTQ/E Sep 202532 pos · $151.3M
- 13F HOLDINGS REPORTQ/E Jun 202534 pos · $148.0M
- 13F HOLDINGS REPORTQ/E Mar 202531 pos · $135.0M
- 13F HOLDINGS REPORTQ/E Dec 202431 pos · $206.4M
- 13F HOLDINGS REPORTQ/E Sep 202430 pos · $138.8M
- 13F HOLDINGS REPORTQ/E Jun 202430 pos · $127.3M
- 13F HOLDINGS REPORTQ/E Mar 202429 pos · $116.2M
- 13F HOLDINGS REPORTQ/E Dec 202328 pos · $93.3M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FIDELITY MERRIMACK STR TR | 316188309 | 361,739 | $16.7M | 9.74% |
| 2 | ISHARES TR | 464287200 | 22,736 | $15.6M | 9.11% |
| 3 | VANGUARD SCOTTSDALE FDS | 92206C409 | 194,538 | $15.5M | 9.07% |
| 4 | VANGUARD TAX-MANAGED FDS | 921943858 | 192,974 | $12.1M | 7.05% |
| 5 | VANGUARD INDEX FDS | 922908611 | 52,246 | $11.1M | 6.47% |
| 6 | FIDELITY COVINGTON TRUST | 31609A404 | 281,879 | $10.3M | 6.03% |
| 7 | ISHARES TR | 46434V621 | 142,036 | $9.9M | 5.77% |
| 8 | VANGUARD INDEX FDS | 922908744 | 50,365 | $9.6M | 5.62% |
| 9 | VANGUARD INDEX FDS | 922908595 | 28,039 | $8.5M | 4.95% |
| 10 | SPDR SERIES TRUST | 78464A375 | 238,148 | $8.1M | 4.71% |
| 11 | APPLE INC | AAPL | 29,578 | $8.0M | 4.70% |
| 12 | GOLDMAN SACHS ETF TR | NVGLF | 58,025 | $7.7M | 4.49% |
| 13 | ISHARES TR | 46429B655 | 139,592 | $7.1M | 4.15% |
| 14 | VANGUARD INDEX FDS | 922908769 | 20,833 | $7.0M | 4.08% |
| 15 | WORLD GOLD TR | GLDW | 50,379 | $4.3M | 2.51% |
| 16 | ISHARES INC | 46434G103 | 40,939 | $2.8M | 1.61% |
| 17 | SPDR SERIES TRUST | 78464A201 | 27,009 | $2.5M | 1.49% |
| 18 | SPDR S&P 500 ETF TR | SPY | 2,897 | $2.0M | 1.15% |
| 19 | FIDELITY COVINGTON TRUST | 316092782 | 24,867 | $1.8M | 1.05% |
| 20 | SPDR SERIES TRUST | 78464A763 | 12,101 | $1.7M | 0.98% |