SFM, LLC

Registered adviser

CIK

2064225

Location

MANCHESTER, NH

Portfolio Value

Small $149,220,478

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,466 / 8,811 ▲ 259 · as of Jun 2026

Top Industry

Internet Content & Information 20.7%

Period ended 21 days ago

Filed Oct 14, 2026 · 7d

12 quarters · since Dec 2023

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, Oct 1, 2026

Form ADV adviser

CRD 116564

Roster of Oct 1, 2026

Regulatory AUM

$403,185,072

Main clients

Individuals and high net worth (98% 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
Apr 2026 to Oct 2026	$403,185,072	Individuals and high net worth (98%)
Apr 2025 to Mar 2026	$323,214,244	Individuals and high net worth (98%)
Apr 2024 to Mar 2025	$279,833,421	Individuals and high net worth (98%)
May 2023 to Mar 2024	$239,849,623	Individuals and high net worth (98%)
Apr 2023	$239,849,623	Individuals and high net worth (98%)
Apr 2022 to Mar 2023	$262,296,071	Individuals and high net worth (98%)

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 75.7% of the book (60%+)

Turnover

Low turnover

13.8% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 10.0 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 75.9%; sector active share 63.7% against the combined 13F book's sector weights.

Over time 11 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

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

Top Position

45.0%

+12.4 pts

Top 5

64.7%

+3.8 pts

Top 10

80.9%

+5.2 pts

HHI

2,202

Moderately concentrated+833

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	73.9%	$110,343,687	38
Technology	10.3%	$15,317,419	8
Communication Services	5.4%	$8,056,341	3
Consumer Cyclical	4.6%	$6,849,752	4
Financial Services	3.6%	$5,324,837	8
Basic Materials	0.7%	$1,087,951	2
Healthcare	0.5%	$718,089	2
Industrials	0.5%	$710,058	2
Consumer Defensive	0.4%	$563,500	1
Energy	0.2%	$248,844	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
VEA	Vanguard FTSE Developed Markets ETF	+39,412	58,002	$4,095,521
AVLV	Avantis U.S. Large Cap Value ETF	+31,922	52,738	$4,769,624
DFEV	Dimensional Emerging Markets Value ETF	+19,657	25,426	$1,078,062
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+19,233	33,517	$0
VO	VANGUARD MID-CAP INDEX FUND	+17,552	174,916	$13,716,912
USFR	WisdomTree Floating Rate Treasury Fund	+15,408	336,400	$0
IQLT	iShares MSCI Intl Quality Factor ETF	+14,200	111,461	$0
QQQM	Invesco Ltd.	+11,339	21,638	$0
AVDV	Avantis International Small Cap Value ETF	+9,671	14,379	$1,572,775
AVUV	Avantis U.S. Small Cap Value ETF	+4,651	6,318	$744,070
VOO	VANGUARD 500 INDEX FUND	+2,773	67,107	$47,032,612
VB	Vanguard Index Funds	+544	8,217	$2,337,654
AMD	Advanced Micro Devices Inc	+31	420	$256,939
XOM	ExxonMobil Holdings Corp	+30	1,529	$248,844
RSP	Victory Portfolios II	+11	4,454	$0
SIL	Global X Silver Miners ETF	+2	3,029	$0
LLY	ELI LILLY & Co	+2	211	$244,143
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TCAF	T. Rowe Price Capital Appreciation Equity ETF	−36,879	32,885	$1,390,048
SCHD	Schwab U.S. Dividend Equity ETF	−29,710	98,077	$3,190,444
AMZN	Amazon Com Inc	−7,614	23,281	$5,800,461
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	−6,324	76,810	$3,780,588
NVDA	Nvidia Corp	−5,398	19,345	$4,418,011
MSFT	Microsoft Corp	−4,084	12,888	$6,610,255
GOOGL	Alphabet Inc.	−4,058	12,392	$4,263,839
ESGV	VANGUARD ESG U.S. STOCK ETF	−3,953	4,909	$665,316
IJH	iShares Core S&P Mid-Cap ETF	−3,530	26,863	$0
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	−3,395	22,037	$1,978,041
XSVM	Victory Portfolios II	−3,170	14,447	$0
RSG	Republic Services, Inc.	−2,844	2,120	$444,924
IAUM	iShares Gold Trust Micro	−2,727	217,285	$8,999,944
VUG	VANGUARD GROWTH INDEX FUND	−2,501	20,161	$1,816,707
V	Visa Inc.	−2,292	3,217	$1,155,964
SHW	Sherwin Williams Co	−1,461	1,975	$638,458
MA	Mastercard Inc	−1,404	2,667	$1,470,770
HD	Home Depot, Inc.	−1,400	1,629	$463,434
SYK	Stryker Corp	−1,387	1,721	$473,946
IVV	iShares Core S&P 500 ETF	−1,365	12,931	$0
AAPL	Apple Inc.	−1,284	8,382	$2,791,373
BRK-B	Berkshire Hathaway Inc	−1,220	3,453	$1,719,421
META	Meta Platforms, Inc.	−1,176	2,060	$1,493,870
IAU	Ishares Gold Trust	−966	3,318	$259,135
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−921	6,199	$2,319,913
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
IBM	International Business Machines Corp	1,110	$244,122
VSGX	VANGUARD ESG INTERNATIONAL STOCK ETF	2,782	$225,536
GDX	VanEck Gold Miners ETF	2,423	$212,739
XVV	iShares ESG Select Screened S&P 500 ETF	9,206	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
AJG	Arthur J. Gallagher & Co.	2,701	$620,068
IGV	iShares Expanded Tech-Software Sector ETF	4,206	$381,063
BRO	Brown & Brown, Inc.	4,829	$309,780
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	4,426	$223,867
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

69 tracked positions · $149,220,478 total · filing declares 69 positions · $198,994,184 · as of Sep 30, 2026

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

Showing 1–50 of 69 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VOO	VANGUARD 500 INDEX FUND	Added	67,107	+2,773	$47,032,612	+6.4%	31.52%
VO	VANGUARD MID-CAP INDEX FUND	Added	174,916	+17,552	$13,716,912	+8.2%	9.19%
IAUM	iShares Gold Trust Micro	Reduced	217,285	-2,727	$8,999,944	+2.2%	6.03%
MSFT	Microsoft Corp Technology	Reduced	12,888	-4,084	$6,610,255	+4.4%	4.43%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	23,281	-7,614	$5,800,461	−21.2%	3.89%
AVLV	Avantis U.S. Large Cap Value ETF	Added	52,738	+31,922	$4,769,624	+151.2%	3.20%
NVDA	Nvidia Corp Technology	Reduced	19,345	-5,398	$4,418,011	−10.8%	2.96%
GOOGL	Alphabet Inc. Communication Services	Reduced	12,392	-4,058	$4,263,839	−27.5%	2.86%
VEA	Vanguard FTSE Developed Markets ETF	Added	58,002	+39,412	$4,095,521	+209.2%	2.74%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Reduced	76,810	-6,324	$3,780,588	−9.5%	2.53%
SCHD	Schwab U.S. Dividend Equity ETF	Reduced	98,077	-29,710	$3,190,444	−21.3%	2.14%
MGC	VANGUARD MEGA CAP INDEX FUND	Held	10,870	0	$3,068,709	+3.2%	2.06%
AAPL	Apple Inc. Technology	Reduced	8,382	-1,284	$2,791,373	−0.2%	1.87%
VB	Vanguard Index Funds	Added	8,217	+544	$2,337,654	+0.5%	1.57%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	6,199	-921	$2,319,913	−11.9%	1.55%
GOOG	Alphabet Inc. Communication Services	Reduced	6,746	-825	$2,298,632	−14.1%	1.54%
QQQ	Invesco Qqq Trust, Series 1	Reduced	2,781	-694	$2,057,300	−19.6%	1.38%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	22,037	-3,395	$1,978,041	−11.5%	1.33%
VUG	VANGUARD GROWTH INDEX FUND	Reduced	20,161	-2,501	$1,816,707	−6.9%	1.22%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,453	-1,220	$1,719,421	−26.5%	1.15%
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	Held	18,445	0	$1,708,929	+5.4%	1.15%
AVDV	Avantis International Small Cap Value ETF	Added	14,379	+9,671	$1,572,775	+224.2%	1.05%
META	Meta Platforms, Inc. Communication Services	Reduced	2,060	-1,176	$1,493,870	−18.0%	1.00%
MA	Mastercard Inc Financial Services	Reduced	2,667	-1,404	$1,470,770	−29.7%	0.99%
TCAF	T. Rowe Price Capital Appreciation Equity ETF	Reduced	32,885	-36,879	$1,390,048	−51.5%	0.93%
V	Visa Inc. Financial Services	Reduced	3,217	-2,292	$1,155,964	−38.8%	0.77%
DFEV	Dimensional Emerging Markets Value ETF	Added	25,426	+19,657	$1,078,062	+338.0%	0.72%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,351	-50	$1,030,313	−1.5%	0.69%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	1,497	-231	$983,094	−19.1%	0.66%
AVUV	Avantis U.S. Small Cap Value ETF	Added	6,318	+4,651	$744,070	+257.8%	0.50%
ESGV	VANGUARD ESG U.S. STOCK ETF	Reduced	4,909	-3,953	$665,316	−43.2%	0.45%
SHW	Sherwin Williams Co Basic Materials	Reduced	1,975	-1,461	$638,458	−46.0%	0.43%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	619	-63	$563,500	−11.7%	0.38%
SYK	Stryker Corp Healthcare	Reduced	1,721	-1,387	$473,946	−51.6%	0.32%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,629	-1,400	$463,434	−56.6%	0.31%
LIN	Linde PLC Basic Materials	Reduced	947	-516	$449,493	−40.8%	0.30%
RSG	Republic Services, Inc. Industrials	Reduced	2,120	-2,844	$444,924	−57.9%	0.30%
ADI	Analog Devices Inc Technology	Held	1,080	0	$428,446	−0.1%	0.29%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Held	3,304	0	$415,213	+5.1%	0.28%
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	Reduced	6,132	-365	$386,561	−11.9%	0.26%
AZO	Autozone Inc Consumer Cyclical	Reduced	118	-154	$333,942	−61.6%	0.22%
AVGO	Broadcom Inc. Technology	Reduced	879	-109	$308,696	−17.3%	0.21%
BPRE	Bluerock Private Real Estate Fund Financial Services	Reduced	23,996	-400	$300,909	−5.2%	0.20%
NULG	Nuveen ESG Large-Cap Growth ETF	Reduced	2,424	-207	$275,584	−10.5%	0.18%
GE	General Electric Co Industrials	Reduced	849	-421	$265,134	−44.1%	0.18%
NOW	ServiceNow, Inc. Technology	Reduced	1,937	-156	$259,577	+24.9%	0.17%
IAU	Ishares Gold Trust	Reduced	3,318	-966	$259,135	−19.9%	0.17%
AMD	Advanced Micro Devices Inc Technology	Added	420	+31	$256,939	+13.7%	0.17%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	710	-73	$251,915	−23.5%	0.17%
QQMG	Financial Services	Reduced	4,845	-788	$251,145	−13.0%	0.17%

Showing the top 50 of 69 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.