Institutional Manager · CIK 0001990099

Armstrong, Fleming & Moore, Inc

WASHINGTON, DC · File #028-23371

Latest AUM

$216.5M

Positions

105

Top-10 Concentration

69.9%

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	AMERICAN CENTY ETF TR	025072604	+32,228	+$2.5M	+$385,112
ADD	CAPITAL GROUP DIVIDEND VALUE	14020W106	+45,077	+$2.0M	+$330,230
ADD	T ROWE PRICE ETF INC	87283Q107	+31,162	+$1.6M	+$465,997
ADD	NETFLIX INC	NFLX	+9,025	+$846,184	-$1.1M
REDUCE	COSTCO WHSL CORP NEW	22160K105	-797	-$687,330	-$244,394
EXITED	J P MORGAN EXCHANGE TRADED F	46641Q332	-10,916	-$623,304	$0
ADD	CAPITAL GROUP INTL FOCUS EQT	14019W109	+20,588	+$608,375	-$53,147
EXITED	AIR PRODS & CHEMS INC	009158106	-2,012	-$548,713	$0
EXITED	BLACKSTONE INC	09260D107	-2,858	-$488,242	$0
EXITED	COINBASE GLOBAL INC	19260Q107	-1,280	-$432,123	$0

Sector Allocation

Technology

16.6%$35.8M

Consumer Discretionary

12.2%$26.4M

2.8%$6.0M

2.8%$6.0M

2.6%$5.6M

1.3%$2.9M

Communication Services

1.3%$2.7M

Consumer Staples

0.9%$1.9M

Real Estate

0.5%$1.1M

Utilities

0.3%$770,683

Filing History

Jan 16, 202613F HOLDINGS REPORTQ/E Dec 2025105 pos · $216.5M
Oct 20, 202513F HOLDINGS REPORTQ/E Sep 2025112 pos · $209.3M
Jul 23, 202513F HOLDINGS REPORTQ/E Jun 2025106 pos · $184.2M
Apr 11, 202513F HOLDINGS REPORTQ/E Mar 202579 pos · $82.6M
Feb 5, 202513F HOLDINGS REPORTQ/E Dec 202495 pos · $165.1M
Oct 16, 202413F HOLDINGS REPORTQ/E Sep 202499 pos · $171.5M
Jul 23, 202413F HOLDINGS REPORTQ/E Jun 202494 pos · $155.9M
Apr 23, 202413F HOLDINGS REPORTQ/E Mar 202492 pos · $144.5M
Nov 3, 202313F HOLDINGS REPORTQ/E Dec 202383 pos · $103.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	T ROWE PRICE ETF INC	87283Q107	506,688	$25.3M	12.79%
2	APPLE INC	AAPL	88,869	$24.2M	12.23%
3	CAPITAL GROUP INTL FOCUS EQT	14019W109	779,611	$23.0M	11.67%
4	CAVA GROUP INC	CAVA	363,865	$21.4M	10.81%
5	AMERICAN CENTY ETF TR	025072604	233,841	$18.0M	9.12%
6	CAPITAL GROUP DIVIDEND VALUE	14020W106	250,179	$10.9M	5.53%
7	NVIDIA CORPORATION	NVDA	23,674	$4.4M	2.24%
8	MARRIOTT INTL INC NEW	571903202	12,795	$4.0M	2.01%
9	PALANTIR TECHNOLOGIES INC	PLTR	21,125	$3.8M	1.90%
10	SCIENCE APPLICATIONS INTL CO	808625107	31,866	$3.2M	1.62%
11	BERKSHIRE HATHAWAY INC DEL	BRK-A	5,797	$2.9M	1.48%
12	CAPITAL GROUP NEW GEOGRAPHY	14021N105	84,927	$2.7M	1.37%
13	JPMORGAN CHASE & CO.	VYLD	8,404	$2.7M	1.37%
14	COSTCO WHSL CORP NEW	22160K105	3,063	$2.6M	1.34%
15	JOHNSON & JOHNSON	JNJ	12,580	$2.6M	1.32%
16	TESLA INC	TSLA	5,637	$2.5M	1.28%
17	EXXON MOBIL CORP	XOM	20,674	$2.5M	1.26%
18	ALPHABET INC	GOOG	7,174	$2.2M	1.14%
19	CAPITAL GROUP GROWTH ETF	14020G101	50,028	$2.2M	1.13%
20	MICROSOFT CORP	MSFT	4,307	$2.1M	1.05%