Valpey Financial Services, LLC

Registered adviser

CIK

2077991

Location

CONCORD, NH

Portfolio Value

Small $162,607,958

Diversification

Diversified

Filing Date

Global Rank

#7,061 / 8,827 ▼ 122 · as of Jun 2026

Top Industry

Software - Infrastructure 22.0%

Period ended 38 days ago

Filed Oct 30, 2026 · 8d

6 quarters · since Jun 2025

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 154154

Roster of Nov 1, 2026

Regulatory AUM

$226,009,211

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
Apr 2026 to Nov 2026	$226,009,211	Individuals and high net worth (100%)
Apr 2025 to Mar 2026	$199,064,068	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$179,814,011	Individuals and high net worth (100%)
Jul 2023 to Mar 2024	$152,412,350	Individuals and high net worth (100%)
May 2023 to Jun 2023	$164,196,365	Individuals and high net worth (100%)
Apr 2022 to Apr 2023	$164,196,365	Individuals and high net worth (100%)

2 earlier changes not shown.

Stated strategy

Index / passive, Fixed income / rates, Multi-asset, Wealth management / planning Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Index / passive: We generally prefer passive management (passive selection), or indexing, to active management (predictive selection) with regard to stocks.
Fixed income / rates: SAA is balancing what are generally considered more risky equities (stocks) with what are generally considered less risky debt investments (typically bonds, treasuries, bills, notes, certificates of deposit (CDs), and money market accounts).
Multi-asset: VFS uses Strategic Asset Allocation (SAA) to help our clients meet their goals.
Wealth management / planning: We also provide our financial planning and consultative services to individuals and families who have not engaged us for ongoing investment management via a written Fee for Service Agreement.

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 89.5% of the book (60%+)

Turnover

Low turnover

7.7% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 4.9 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 88.9%; sector active share 82.5% against the combined 13F book's sector weights.

Over time 5 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

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

Top Position

24.9%

+0.5 pts

Top 5

72.1%

+1.3 pts

Top 10

91.5%

+2.0 pts

HHI

1,370

Diversified+46

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.5%	$156,886,317	65
Technology	1.8%	$2,950,278	3
Healthcare	0.7%	$1,107,530	3
Energy	0.4%	$625,285	1
Communication Services	0.4%	$598,545	2
Financial Services	0.3%	$440,003	2

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
SCHO	Schwab Short-Term U.S. Treasury ETF	+26,550	262,582	$6,265,206
BNDX	Vanguard Total International Bond ETF	+13,252	165,370	$7,750,891
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	+10,409	27,148	$643,407
SCHZ	Schwab U.S. Aggregate Bond ETF	+6,383	183,702	$4,059,814
BKLN	Invesco Ltd.	+5,252	129,349	$0
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+3,861	71,472	$5,460,460
SCHP	Schwab U.S. TIPS ETF	+3,295	79,512	$1,998,136
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+2,800	28,945	$1,716,727
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	+2,421	10,965	$247,699
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+2,154	77,856	$5,461,598
FLRN	State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF	+1,901	13,529	$417,234
VTC	VANGUARD TOTAL CORPORATE BOND ETF	+1,607	40,018	$2,912,510
—		+1,584	15,684	$0
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	+1,533	40,869	$2,498,321
BIV	Vanguard Bond Index Funds	+1,478	4,496	$327,578
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	+1,240	16,419	$1,035,053
IDEV	iShares Core MSCI International Developed Markets ETF	+1,030	12,553	$1,123,242
VEA	Vanguard FTSE Developed Markets ETF	+1,008	16,670	$1,177,068
TIP	iShares TIPS Bond ETF	+921	23,811	$2,477,296
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	+561	14,914	$1,922,862
IXUS	iShares Core MSCI Total International Stock ETF	+554	6,265	$595,112
IJR	iShares Core S&P Small-Cap ETF	+468	12,050	$1,639,282
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	+461	16,570	$953,769
AGG	iShares Core U.S. Aggregate Bond ETF	+350	32,304	$3,054,020
ILCG	iShares Morningstar Growth ETF	+229	4,758	$556,543
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SCHV	Schwab U.S. Large-Cap Value ETF	−7,480	182,886	$6,091,932
SCHF	Schwab International Equity ETF	−6,909	183,129	$5,030,553
SCHA	Schwab U.S. Small-Cap ETF	−3,946	107,410	$3,504,788
VUSB	VANGUARD ULTRA-SHORT BOND ETF	−2,527	13,328	$660,402
SCHG	Schwab U.S. Large-Cap Growth ETF	−1,563	237,652	$8,538,836
VEU	Vanguard International Equity Index Funds	−1,354	62,748	$5,206,201
SCHM	Schwab U.S. Mid-Cap ETF	−1,296	128,676	$4,377,557
VO	VANGUARD MID-CAP INDEX FUND	−1,125	54,546	$4,277,497
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	−1,082	34,141	$3,711,126
IUSV	iShares Core S&P U.S. Value ETF	−851	26,109	$2,879,300
VXUS	Vanguard Total International Stock ETF	−777	71,368	$6,063,425
IJH	iShares Core S&P Mid-Cap ETF	−774	24,979	$1,797,239
VIOO	VANGUARD S&P SMALL-CAP 600 INDEX FUND	−594	16,763	$2,120,854
VTV	VANGUARD VALUE INDEX FUND	−499	41,534	$8,974,666
IJS	iShares S&P Small-Cap 600 Value ETF	−348	7,297	$934,745
—		−344	2,876	$0
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−337	120,320	$6,041,267
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−318	17,228	$3,980,184
SHV	iShares 0-1 Year Treasury Bond ETF	−227	4,074	$449,443
IVW	iShares S&P 500 Growth ETF	−170	5,042	$717,274
SHY	iShares 1-3 Year Treasury Bond ETF	−105	13,315	$1,081,178
EFA	iShares MSCI EAFE ETF	−102	21,393	$2,222,518
IVOO	VANGUARD S&P MID-CAP 400 INDEX FUND	−95	19,562	$2,381,869
IWF	iShares Russell 1000 Growth ETF	−64	2,871	$359,621
AAPL	Apple Inc.	−62	3,142	$1,046,348
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
AMGN	Amgen Inc	548	$230,987
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	3,833	$200,887
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

76 tracked positions · $162,607,958 total · filing declares 76 positions · $167,347,924 · as of Sep 30, 2026

All sectors Communication Services Energy Financial Services Healthcare Technology

Showing 1–50 of 76 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VTV	VANGUARD VALUE INDEX FUND	Reduced	41,534	-499	$8,974,666	−2.0%	5.52%
VUG	VANGUARD GROWTH INDEX FUND	Added	98,526	+170	$8,878,177	+4.8%	5.46%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	237,652	-1,563	$8,538,836	+5.5%	5.25%
BNDX	Vanguard Total International Bond ETF	Added	165,370	+13,252	$7,750,891	+5.2%	4.77%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	262,582	+26,550	$6,265,206	+10.0%	3.85%
SCHV	Schwab U.S. Large-Cap Value ETF	Reduced	182,886	-7,480	$6,091,932	−8.1%	3.75%
VXUS	Vanguard Total International Stock ETF	Reduced	71,368	-777	$6,063,425	−1.7%	3.73%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	120,320	-337	$6,041,267	−0.6%	3.72%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Added	77,856	+2,154	$5,461,598	−1.7%	3.36%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	71,472	+3,861	$5,460,460	+3.7%	3.36%
VEU	Vanguard International Equity Index Funds	Reduced	62,748	-1,354	$5,206,201	−3.0%	3.20%
SCHF	Schwab International Equity ETF	Reduced	183,129	-6,909	$5,030,553	−4.4%	3.09%
IUSG	iShares Core S&P U.S. Growth ETF	Added	22,926	+47	$4,441,912	+3.2%	2.73%
SCHM	Schwab U.S. Mid-Cap ETF	Reduced	128,676	-1,296	$4,377,557	−8.6%	2.69%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	54,546	-1,125	$4,277,497	−4.6%	2.63%
SCHZ	Schwab U.S. Aggregate Bond ETF	Added	183,702	+6,383	$4,059,814	−1.0%	2.50%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	17,228	-318	$3,980,184	−6.6%	2.45%
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	Reduced	34,141	-1,082	$3,711,126	−0.9%	2.28%
SCHA	Schwab U.S. Small-Cap ETF	Reduced	107,410	-3,946	$3,504,788	−12.9%	2.16%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	32,304	+350	$3,054,020	−3.4%	1.88%
VTC	VANGUARD TOTAL CORPORATE BOND ETF	Added	40,018	+1,607	$2,912,510	−1.3%	1.79%
IUSV	iShares Core S&P U.S. Value ETF	Reduced	26,109	-851	$2,879,300	−3.0%	1.77%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Added	40,869	+1,533	$2,498,321	+4.5%	1.54%
TIP	iShares TIPS Bond ETF	Added	23,811	+921	$2,477,296	−1.1%	1.52%
IVOO	VANGUARD S&P MID-CAP 400 INDEX FUND	Reduced	19,562	-95	$2,381,869	−7.1%	1.46%
EFA	iShares MSCI EAFE ETF	Reduced	21,393	-102	$2,222,518	−0.5%	1.37%
VIOO	VANGUARD S&P SMALL-CAP 600 INDEX FUND	Reduced	16,763	-594	$2,120,854	−11.2%	1.30%
SCHP	Schwab U.S. TIPS ETF	Added	79,512	+3,295	$1,998,136	−1.1%	1.23%
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Added	14,914	+561	$1,922,862	+4.8%	1.18%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	24,979	-774	$1,797,239	−9.5%	1.11%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	28,945	+2,800	$1,716,727	+10.0%	1.06%
IJR	iShares Core S&P Small-Cap ETF	Added	12,050	+468	$1,639,282	−4.6%	1.01%
SPY	Spdr S&P 500 ETF Trust	Added	2,029	+5	$1,547,376	+2.4%	0.95%
IAGG	iShares Core International Aggregate Bond ETF	Added	25,853	+77	$1,271,967	−2.5%	0.78%
MSFT	Microsoft Corp Technology	Held	2,457	0	$1,260,195	+37.5%	0.77%
VEA	Vanguard FTSE Developed Markets ETF	Added	16,670	+1,008	$1,177,068	+5.5%	0.72%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	12,553	+1,030	$1,123,242	+9.5%	0.69%
VB	Vanguard Index Funds	Added	3,832	+142	$1,090,165	−2.5%	0.67%
SHY	iShares 1-3 Year Treasury Bond ETF	Reduced	13,315	-105	$1,081,178	−1.9%	0.66%
AAPL	Apple Inc. Technology	Reduced	3,142	-62	$1,046,348	+12.9%	0.64%
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	Added	16,419	+1,240	$1,035,053	+0.9%	0.64%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	16,570	+461	$953,769	+1.7%	0.59%
IJS	iShares S&P Small-Cap 600 Value ETF	Reduced	7,297	-348	$934,745	−10.5%	0.57%
IVW	iShares S&P 500 Growth ETF	Reduced	5,042	-170	$717,274	+0.1%	0.44%
IVE	iShares S&P 500 Value ETF	Added	2,992	+3	$683,013	+0.6%	0.42%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	5,383	+16	$662,539	+3.7%	0.41%
VUSB	VANGUARD ULTRA-SHORT BOND ETF	Reduced	13,328	-2,527	$660,402	−16.3%	0.41%
IBM	International Business Machines Corp Technology	Held	2,927	0	$643,735	−21.8%	0.40%
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	Added	27,148	+10,409	$643,407	+55.9%	0.40%
CI	Cigna Group Healthcare	Held	2,351	0	$639,072	−1.4%	0.39%

Showing the top 50 of 76 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.