Hughes Financial Services, LLC

Registered adviser

CIK

2054465

Location

HERNDON, VA

Portfolio Value

Small $744,980,158

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,014 / 8,825 ▲ 36 · as of Jun 2026

Top Industry

Semiconductors 10.6%

Period ended 35 days ago

Filed Oct 30, 2026 · 5d

8 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 173195

Roster of Nov 1, 2026

Regulatory AUM

$759,792,822

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Nov 2026	$759,792,822	Individuals and high net worth (100%)
Apr 2025 to Feb 2026	$616,361,633	Individuals and high net worth (100%)
Feb 2024 to Mar 2025	$510,046,187	Individuals and high net worth (100%)
May 2023 to Jan 2024	$399,762,960	Individuals and high net worth (100%)
Apr 2023	$399,762,960	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$432,900,577	Individuals and high net worth (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 92.8% of the book (60%+)

Turnover

Low turnover

15.9% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 6.5 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 88.3%; sector active share 82.8% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

1,993 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

40.5%

+0.4 pts

Top 5

86.9%

+0.6 pts

Top 10

92.3%

−0.4 pts

HHI

2,459

Moderately concentrated+96

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	95.2%	$709,116,068	172
Technology	1.6%	$11,964,912	292
Financial Services	0.8%	$6,095,029	291
Healthcare	0.4%	$3,040,838	270
Consumer Cyclical	0.4%	$2,955,920	198
Communication Services	0.4%	$2,836,077	70
Industrials	0.4%	$2,662,074	262
Utilities	0.3%	$1,989,365	59
Consumer Defensive	0.3%	$1,932,260	86
Energy	0.2%	$1,512,128	91
Real Estate	0.1%	$459,017	103
Basic Materials	0.1%	$416,470	99

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
JCPB	JPMorgan Core Plus Bond ETF	+120,130	1,740,336	$77,932,246
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	+65,601	1,796,000	$165,321,800
JIRE	JPMorgan International Research Enhanced Equity ETF	+45,430	952,799	$78,281,965
JQUA	JPMorgan U.S. Quality Factor ETF	+45,296	1,056,570	$77,974,866
—		+30,240	582,464	$0
IBTG	iShares iBonds Dec 2026 Term Treasury ETF	+29,801	109,819	$2,512,658
DGRO	iShares Core Dividend Growth ETF	+19,452	502,555	$37,887,621
EMXC	iShares MSCI Emerging Markets ex China ETF	+18,751	666,747	$66,061,292
JTEK	JPMorgan U.S. Tech Leaders ETF	+14,396	396,006	$41,657,851
IBTK	iShares iBonds Dec 2030 Term Treasury ETF	+13,495	123,539	$2,346,005
IBTJ	iShares iBonds Dec 2029 Term Treasury ETF	+11,127	113,961	$2,418,822
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+10,802	189,878	$10,758,487
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	+9,264	112,180	$2,503,857
IBTI	iShares iBonds Dec 2028 Term Treasury ETF	+8,965	112,156	$2,457,337
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	+7,441	109,056	$7,543,403
EGBN	Eagle Bancorp Inc	+6,930	6,931	$192,612
UAVS	AgEagle Aerial Systems Inc.	+5,050	46,074	$44,000
IBMR	iShares iBonds Dec 2029 Term Muni Bond ETF	+2,765	3,485	$86,184
IBMP	iShares iBonds Dec 2027 Term Muni Bond ETF	+2,738	11,008	$277,841
IBMQ	iShares iBonds Dec 2028 Term Muni Bond ETF	+2,731	9,492	$238,628
NVDA	Nvidia Corp	+2,313	9,608	$2,194,275
ABAT	AMERICAN BATTERY TECHNOLOGY Co	+1,650	3,150	$6,961
SAIC	Science Applications International Corp	+821	864	$110,211
PAHC	Phibro Animal Health Corp	+801	1,659	$59,292
WRB	Berkley W R Corp	+769	824	$55,652
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPIP	State Street(R) SPDR(R) Portfolio TIPS ETF	−156,831	652,004	$15,889,337
JPIB	JPMorgan International Bond Opportunities ETF	−110,383	384,647	$17,963,014
JMUB	JPMorgan Municipal ETF	−91,831	5,756	$273,870
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	−75,990	5,433	$535,693
TIP	iShares TIPS Bond ETF	−20,937	3,367	$350,302
QUAL	iShares MSCI USA Quality Factor ETF	−1,435	55,305	$12,290,983
DFUS	Dimensional U.S. Equity Market ETF	−1,396	147,418	$12,240,116
VEU	Vanguard International Equity Index Funds	−1,179	95,232	$7,901,399
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−901	123,809	$6,216,449
AMSC	American Superconductor Corp	−899	1	$29
GINN	Goldman Sachs Innovate Equity ETF	−884	40,579	$3,287,751
—		−873	72,217	$0
—		−805	17,524	$0
FMHI	First Trust Municipal High Income ETF	−564	1,973	$88,489
RIGL	Rigel Pharmaceuticals Inc	−449	1,152	$55,468
—		−341	42,643	$0
KNSL	Kinsale Capital Group, Inc.	−324	2,921	$942,752
DIS	Walt Disney Co	−319	684	$71,751
WM	Waste Management Inc	−301	428	$87,277
GIB	Cgi Inc	−263	1,221	$83,064
JOBY	Joby Aviation, Inc.	−232	155	$937
NFLX	Netflix Inc	−218	1,468	$102,143
—		−215	35,806	$0
AVAV	AeroVironment Inc	−202	137	$19,484
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−198	16,793	$869,205
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SUB	iShares Short-Term National Muni Bond ETF	76,506	$7,997,937
SCHP	Schwab U.S. TIPS ETF	298,558	$7,502,762
IAGG	iShares Core International Aggregate Bond ETF	134,088	$6,597,129
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	94,881	$4,714,636
NYF	iShares New York Muni Bond ETF	1,508	$76,184
IBMS	iShares iBonds Dec 2030 Term Muni Bond ETF	2,725	$68,125
ERO	Ero Copper Corp.	1,425	$52,283
SA	Seabridge Gold Inc	900	$25,506
HIMU		353	$16,125
VO	VANGUARD MID-CAP INDEX FUND	200	$15,684
GFI	Gold Fields Ltd	410	$14,809
IUSG	iShares Core S&P U.S. Growth ETF	71	$13,756
VXUS	Vanguard Total International Stock ETF	143	$12,149
ITB	iShares U.S. Home Construction ETF	129	$11,225
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	95	$9,552
IUSV	iShares Core S&P U.S. Value ETF	85	$9,373
DFIS	Dimensional International Small Cap ETF	255	$9,238
GDX	VanEck Gold Miners ETF	103	$9,043
BMNR	Bitmine Immersion Technologies, Inc.	294	$7,770
PULS	PGIM Ultra Short Bond ETF	153	$7,567
IPAY		154	$7,127
BFLY	Butterfly Network, Inc.	669	$5,994
JPLD	JPMorgan Limited Duration Bond ETF	115	$5,912
HTFL	Heartflow, Inc.	118	$5,870
IVW	iShares S&P 500 Growth ETF	41	$5,832
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
DFAC	Dimensional U.S. Core Equity 2 ETF	3,425	$151,933
—		310	$64,771
USMF	WisdomTree U.S. Multifactor Fund	996	$54,026
—		1,722	$45,908
BKV	BKV Corp	1,201	$32,859
DFAS	Dimensional U.S. Small Cap ETF	372	$30,630
—		106	$20,001
—		39	$7,996
BOOT	Boot Barn Holdings, Inc.	20	$3,285
—		13	$1,725
—		16	$1,492
SION	Sionna Therapeutics, Inc.	25	$1,099
DBRHP	DigitalBridge Group, Inc.	73	$1,088
—		14	$1,069
WHR	Whirlpool Corp	26	$1,024
VSEC	Vse Corp	4	$914
QBTS	D-Wave Quantum Inc.	37	$887
—		2	$709
GLPI	Gaming & Leisure Properties, Inc.	15	$667
—		21	$660
CECO	Ceco Environmental Corp	7	$635
ETHA	iShares Ethereum Trust ETF	52	$618
LVS	Las Vegas Sands Corp	13	$600
ACA	Arcosa, Inc.	4	$581
AGNC	AGNC Investment Corp.	52	$566
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,993 tracked positions · $744,980,158 total · filing declares 2,000 positions · $786,241,145 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,993 positions by value · page 1 of 40

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	Added	1,796,000	+65,601	$165,321,800	+5.2%	22.19%
JIRE	JPMorgan International Research Enhanced Equity ETF	Added	952,799	+45,430	$78,281,965	+4.6%	10.51%
JQUA	JPMorgan U.S. Quality Factor ETF	Added	1,056,570	+45,296	$77,974,866	+6.7%	10.47%
JCPB	JPMorgan Core Plus Bond ETF	Added	1,740,336	+120,130	$77,932,246	+2.5%	10.46%
EMXC	iShares MSCI Emerging Markets ex China ETF	Added	666,747	+18,751	$66,061,292	−0.3%	8.87%
JTEK	JPMorgan U.S. Tech Leaders ETF	Added	396,006	+14,396	$41,657,851	−2.1%	5.59%
DGRO	iShares Core Dividend Growth ETF	Added	502,555	+19,452	$37,887,621	+3.5%	5.09%
JPIB	JPMorgan International Bond Opportunities ETF	Reduced	384,647	-110,383	$17,963,014	−24.9%	2.41%
SPIP	State Street(R) SPDR(R) Portfolio TIPS ETF	Reduced	652,004	-156,831	$15,889,337	−23.5%	2.13%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	55,305	-1,435	$12,290,983	−1.3%	1.65%
DFUS	Dimensional U.S. Equity Market ETF	Reduced	147,418	-1,396	$12,240,116	+0.4%	1.64%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	189,878	+10,802	$10,758,487	+1.9%	1.44%
SUB	iShares Short-Term National Muni Bond ETF	NEW	76,506	NEW	$7,997,937	NEW	1.07%
VEU	Vanguard International Equity Index Funds	Reduced	95,232	-1,179	$7,901,399	−2.1%	1.06%
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	Added	109,056	+7,441	$7,543,403	+9.8%	1.01%
SCHP	Schwab U.S. TIPS ETF	NEW	298,558	NEW	$7,502,762	NEW	1.01%
IAGG	iShares Core International Aggregate Bond ETF	NEW	134,088	NEW	$6,597,129	NEW	0.89%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	123,809	-901	$6,216,449	−1.1%	0.83%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	73,207	-162	$5,169,146	−1.1%	0.69%
VIG	Vanguard Specialized Funds	Reduced	22,128	-20	$5,162,683	−1.5%	0.69%
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	NEW	94,881	NEW	$4,714,636	NEW	0.63%
IVV	iShares Core S&P 500 ETF	Added	4,894	+121	$3,748,069	+4.9%	0.50%
GINN	Goldman Sachs Innovate Equity ETF	Reduced	40,579	-884	$3,287,751	+0.7%	0.44%
AAPL	Apple Inc. Technology	Added	9,580	+503	$3,190,331	+21.5%	0.43%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,695	-69	$2,817,917	+0.3%	0.38%
IBTG	iShares iBonds Dec 2026 Term Treasury ETF	Added	109,819	+29,801	$2,512,658	+37.2%	0.34%
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	Added	112,180	+9,264	$2,503,857	+8.8%	0.34%
IBTI	iShares iBonds Dec 2028 Term Treasury ETF	Added	112,156	+8,965	$2,457,337	+7.6%	0.33%
IBTJ	iShares iBonds Dec 2029 Term Treasury ETF	Added	113,961	+11,127	$2,418,822	+8.6%	0.32%
IBTK	iShares iBonds Dec 2030 Term Treasury ETF	Added	123,539	+13,495	$2,346,005	+9.1%	0.31%
NVDA	Nvidia Corp Technology	Added	9,608	+2,313	$2,194,275	+50.3%	0.29%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	29,907	-188	$1,773,784	−1.3%	0.24%
MSFT	Microsoft Corp Technology	Added	2,841	+312	$1,457,148	+54.5%	0.20%
VUG	VANGUARD GROWTH INDEX FUND	Held	14,046	0	$1,265,685	+4.6%	0.17%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,756	+43	$1,242,597	+2.2%	0.17%
ESGU	iShares ESG Aware MSCI USA ETF	Reduced	7,324	-73	$1,221,643	+0.9%	0.16%
KNSL	Kinsale Capital Group, Inc. Financial Services	Reduced	2,921	-324	$942,752	−11.9%	0.13%
VB	Vanguard Index Funds	Reduced	3,313	-36	$942,515	−7.2%	0.13%
GOOG	Alphabet Inc. Communication Services	Added	2,758	+154	$939,760	+2.1%	0.13%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	10,044	-181	$901,549	+0.3%	0.12%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Reduced	16,793	-198	$869,205	−1.2%	0.12%
AMZN	Amazon Com Inc Consumer Cyclical	Added	3,344	+168	$833,157	+10.1%	0.11%
KO	Coca Cola Co Consumer Defensive	Added	7,714	+189	$664,021	+8.6%	0.09%
D	Dominion Energy, Inc Utilities	Added	10,225	+154	$618,817	−10.0%	0.08%
XOM	ExxonMobil Holdings Corp Energy	Added	3,757	+124	$611,451	+23.1%	0.08%
GOOGL	Alphabet Inc. Communication Services	Added	1,680	+93	$578,054	+1.9%	0.08%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,157	-68	$576,128	−6.0%	0.08%
FULT	Fulton Financial Corp Financial Services	Held	25,247	0	$569,572	−6.7%	0.08%
LLY	ELI LILLY & Co Healthcare	Added	471	+28	$544,984	+2.6%	0.07%
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	Reduced	5,433	-75,990	$535,693	−93.5%	0.07%

Showing the top 50 of 1,993 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.