Family Office Research

Bethesda, MDfiles as Family Office Research LLC

$267m in 85 US stocks at the end of 30 June 2026. The top 10 are 71.2% of the money. It changed about 7.2% of the portfolio this quarter.

Value

$267m

Stocks

Top 10 share

71.2%

Turnover

7.2%

What changed this quarter

New

Bought for the first time this quarter.

RTXRTX
1.4% of the fund
Meta PlatformsMETA
0.8% of the fund
Space Exploration TechnologiesSPCX
0.3% of the fund
Capital GRP Fixed Incm ETF TCGMU
0.2% of the fund
Schwab Strategic TRSCHB
0.1% of the fund
Calamos ETF TRCAIE
0.1% of the fund
Grayscale Bitcoin Mini TR ETBTC
<0.1% of the fund
ARK ETF TRARKK
<0.1% of the fund
Taiwan Semiconductor ManufacturingTSM
<0.1% of the fund
Calamos ETF TRCAGE
<0.1% of the fund
State STR Spdr S&P Midcap 40MDY
<0.1% of the fund
Applied MaterialsAMAT
<0.1% of the fund
CSXCSX
<0.1% of the fund
Host Hotels & ResortsHST
<0.1% of the fund
T Rowe Price Exchange-TradedTTEQ
<0.1% of the fund
Palo Alto NetworksPANW
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard Index FDSVOO
10.3% of the fund
+2%
RBB FDTBIL
5.2% of the fund
+20%
Dimensional ETF TrustDFIC
2.2% of the fund
+4%
Dimensional ETF TrustDFEM
1.7% of the fund
+3%
Innovator Etfs TrustBALT
1.3% of the fund
+15%
Janus Detroit STR TRJAAA
1.1% of the fund
+45%
Insight Molecular DiagnosticsIMDX
0.8% of the fund
+190%
TeslaTSLA
0.6% of the fund
+63%
Amazon.comAMZN
0.4% of the fund
+5%
Ishares TRICF
0.3% of the fund
+10%
Vanguard Index FDSVTI
0.3% of the fund
+5%
AlphabetGOOG
0.2% of the fund
+18%
Spdr Gold TRGLD
0.2% of the fund
+2%
MicrosoftMSFT
0.2% of the fund
+11%
Calamos ETF TRCAIQ
0.2% of the fund
+102%
RBB FDCPAG
0.1% of the fund
+35%
OracleORCL
0.1% of the fund
+12%
Harbor ETF TrustHGER
<0.1% of the fund
+6%

Cut

Sold some of their stake.

Marriott InternationalMAR
21.1% of the fund
-10%
Vaneck ETF TrustSMOT
0.7% of the fund
-4%
Ishares TRIVV
0.7% of the fund
-3%
Vanguard World FDVGT
0.6% of the fund
-6%
Global X FDSSNSR
0.3% of the fund
-3%
DBX ETF TRDBEF
0.2% of the fund
-17%
Janus Detroit STR TRVNLA
0.2% of the fund
-13%
NvidiaNVDA
0.2% of the fund
-70%
Figure Technology SolutionsFIGR
0.2% of the fund
-49%
Costco WholesaleCOST
0.1% of the fund
-10%
Ishares TRIJH
0.1% of the fund
-6%
Global X FDSBOTZ
<0.1% of the fund
-4%
Global X FDSSHLD
<0.1% of the fund
-49%

Sold out

Sold their entire stake.

Listed FDS TRMETV
-100%
Berkshire HathawayBRK-B
-100%
Ishares Ethereum TRETHA
-100%
Vaneck ETF TrustESPO
-100%
Direxion Shares ETF TrustTSLL
-100%
GartnerIT
-100%

Holdings

Marriott InternationalMAR
Share
21.1%
Value
$56m
Shares
151,993
-10%
Vanguard Index FDSVOO
Share
10.3%
Value
$27m
Shares
39,949
+2%
Ishares TRSMLF
Share
6.9%
Value
$18m
Shares
205,028
Held
Invesco QQQ TRQQQ
Share
5.8%
Value
$15m
Shares
20,817
Held
American Centy ETF TRAVUS
Share
5.4%
Value
$14m
Shares
111,428
Held
Dimensional ETF TrustDFAC
Share
5.3%
Value
$14m
Shares
321,210
Held
Vaneck ETF TrustMOAT
Share
5.2%
Value
$14m
Shares
133,838
Held
RBB FDTBIL
Share
5.2%
Value
$14m
Shares
278,261
+20%
Delta Air LinesDAL
Share
3.8%
Value
$10m
Shares
109,018
Held
Dimensional ETF TrustDFIC
Share
2.2%
Value
$6m
Shares
155,564
+4%
Dimensional ETF TrustDFEM
Share
1.7%
Value
$5m
Shares
111,245
+3%
American Centy ETF TRAVDE
Share
1.7%
Value
$4m
Shares
50,225
Held
American Centy ETF TRAVEM
Share
1.5%
Value
$4m
Shares
41,477
Held
Ishares TRIWV
Share
1.4%
Value
$4m
Shares
8,872
Held
RTXRTX
Share
1.4%
Value
$4m
Shares
19,315
New
Innovator Etfs TrustBALT
Share
1.3%
Value
$3m
Shares
101,982
+15%
Ishares TRIJR
Share
1.2%
Value
$3m
Shares
21,623
Held
American Centy ETF TRAVSC
Share
1.2%
Value
$3m
Shares
42,181
Held
Janus Detroit STR TRJAAA
Share
1.1%
Value
$3m
Shares
57,294
+45%
AppleAAPL
Share
1.0%
Value
$3m
Shares
8,784
Held
Bluerock Private Real Estate FundBPRE
Share
1.0%
Value
$3m
Shares
195,235
Held
Insight Molecular DiagnosticsIMDX
Share
0.8%
Value
$2m
Shares
368,849
+190%
Meta PlatformsMETA
Share
0.8%
Value
$2m
Shares
3,665
New
Vaneck ETF TrustSMOT
Share
0.7%
Value
$2m
Shares
49,230
-4%
Ishares TRIVV
Share
0.7%
Value
$2m
Shares
2,380
-3%
State STR Spdr S&P 500 ETF TSPY
Share
0.6%
Value
$2m
Shares
2,164
Held
Vanguard World FDVGT
Share
0.6%
Value
$2m
Shares
12,757
-6%
TeslaTSLA
Share
0.6%
Value
$2m
Shares
3,574
+63%
Amazon.comAMZN
Share
0.4%
Value
$1m
Shares
4,621
+5%
Ishares TRICF
Share
0.3%
Value
$917,689
Shares
13,569
+10%
Global X FDSSNSR
Share
0.3%
Value
$889,569
Shares
17,802
-3%
Space Exploration TechnologiesSPCX
Share
0.3%
Value
$880,649
Shares
5,154
New
CoreWeaveCRWV
Share
0.3%
Value
$861,419
Shares
8,654
Held
Vanguard Index FDSVTI
Share
0.3%
Value
$828,631
Shares
2,239
+5%
Ishares TRXT
Share
0.3%
Value
$819,139
Shares
9,913
Held
Vanguard World FDMGC
Share
0.3%
Value
$780,267
Shares
2,852
Held
Ishares TRARTY
Share
0.3%
Value
$776,560
Shares
10,196
Held
Ishares TRIGM
Share
0.3%
Value
$729,331
Shares
4,459
Held
AMG ETF TrustMUNX
Share
0.3%
Value
$727,200
Shares
28,855
Held
Spdr Index SHS FDSRWO
Share
0.3%
Value
$679,909
Shares
13,678
Held
AlphabetGOOG
Share
0.2%
Value
$634,132
Shares
1,795
+18%
Spdr Gold TRGLD
Share
0.2%
Value
$607,023
Shares
1,648
+2%
DBX ETF TRDBEF
Share
0.2%
Value
$593,610
Shares
10,866
-17%
Ishares TREFA
Share
0.2%
Value
$591,599
Shares
5,695
Held
Capital GRP Fixed Incm ETF TCGMU
Share
0.2%
Value
$588,280
Shares
21,415
New
Ishares TRIVW
Share
0.2%
Value
$587,941
Shares
4,275
Held
MicrosoftMSFT
Share
0.2%
Value
$586,256
Shares
1,572
+11%
J P Morgan Exchange Traded FJMST
Share
0.2%
Value
$559,886
Shares
10,978
Held
Pacer FDS TRPTNQ
Share
0.2%
Value
$559,474
Shares
6,311
Held
AlphabetGOOGL
Share
0.2%
Value
$462,162
Shares
1,293
Held
Calamos ETF TRCAIQ
Share
0.2%
Value
$455,851
Shares
16,978
+102%
Vaneck ETF TrustSMH
Share
0.2%
Value
$450,038
Shares
686
Held
Janus Detroit STR TRVNLA
Share
0.2%
Value
$445,361
Shares
9,114
-13%
NvidiaNVDA
Share
0.2%
Value
$414,205
Shares
2,070
-70%
Figure Technology SolutionsFIGR
Share
0.2%
Value
$413,960
Shares
13,480
-49%
J P Morgan Exchange Traded FJPLD
Share
0.2%
Value
$403,742
Shares
7,736
Held
RBB FDCPAG
Share
0.1%
Value
$383,456
Shares
3,736
+35%
NVRNVR
Share
0.1%
Value
$374,737
Shares
55
Held
Ishares TRIWF
Share
0.1%
Value
$374,350
Shares
3,015
Held
Schwab Strategic TRSCHB
Share
0.1%
Value
$334,021
Shares
11,534
New
Ishares TRIWB
Share
0.1%
Value
$317,922
Shares
776
Held
QualcommQCOM
Share
0.1%
Value
$307,127
Shares
1,662
Held
DeereDE
Share
0.1%
Value
$301,552
Shares
475
Held
Ishares TRIVE
Share
0.1%
Value
$301,406
Shares
1,327
Held
Dimensional ETF TrustDFIS
Share
0.1%
Value
$289,278
Shares
8,258
Held
Dimensional ETF TrustDFAU
Share
0.1%
Value
$278,578
Shares
5,389
Held
OracleORCL
Share
0.1%
Value
$277,765
Shares
1,895
+12%
Costco WholesaleCOST
Share
0.1%
Value
$274,470
Shares
293
-10%
Calamos ETF TRCAIE
Share
0.1%
Value
$273,847
Shares
10,064
New
Ishares TRIJH
Share
0.1%
Value
$272,918
Shares
3,539
-6%
Grayscale Bitcoin Mini TR ETBTC
Share
<0.1%
Value
$265,988
Shares
10,250
New
Harbor ETF TrustHGER
Share
<0.1%
Value
$255,541
Shares
8,710
+6%
Global X FDSBOTZ
Share
<0.1%
Value
$247,439
Shares
6,522
-4%
ARK ETF TRARKK
Share
<0.1%
Value
$238,089
Shares
2,946
New
Taiwan Semiconductor ManufacturingTSM
Share
<0.1%
Value
$236,849
Shares
496
New
Calamos ETF TRCAGE
Share
<0.1%
Value
$229,320
Shares
8,276
New
State STR Spdr S&P Midcap 40MDY
Share
<0.1%
Value
$226,438
Shares
322
New
Applied MaterialsAMAT
Share
<0.1%
Value
$225,516
Shares
312
New
CSXCSX
Share
<0.1%
Value
$222,842
Shares
4,688
New
Calamos ETF TRCPSL
Share
<0.1%
Value
$217,608
Shares
7,794
Held
Global X FDSSHLD
Share
<0.1%
Value
$213,450
Shares
3,575
-49%
Host Hotels & ResortsHST
Share
<0.1%
Value
$208,159
Shares
8,779
New
T Rowe Price Exchange-TradedTTEQ
Share
<0.1%
Value
$204,994
Shares
4,596
New
Consolidated EdisonED
Share
<0.1%
Value
$204,503
Shares
1,849
Held
Palo Alto NetworksPANW
Share
<0.1%
Value
$203,930
Shares
598
New

Company	Share of fund	Value	Shares	Change
Marriott InternationalMAR	21.1%	$56m	151,993	-10%
Vanguard Index FDSVOO	10.3%	$27m	39,949	+2%
Ishares TRSMLF	6.9%	$18m	205,028	Held
Invesco QQQ TRQQQ	5.8%	$15m	20,817	Held
American Centy ETF TRAVUS	5.4%	$14m	111,428	Held
Dimensional ETF TrustDFAC	5.3%	$14m	321,210	Held
Vaneck ETF TrustMOAT	5.2%	$14m	133,838	Held
RBB FDTBIL	5.2%	$14m	278,261	+20%
Delta Air LinesDAL	3.8%	$10m	109,018	Held
Dimensional ETF TrustDFIC	2.2%	$6m	155,564	+4%
Dimensional ETF TrustDFEM	1.7%	$5m	111,245	+3%
American Centy ETF TRAVDE	1.7%	$4m	50,225	Held
American Centy ETF TRAVEM	1.5%	$4m	41,477	Held
Ishares TRIWV	1.4%	$4m	8,872	Held
RTXRTX	1.4%	$4m	19,315	New
Innovator Etfs TrustBALT	1.3%	$3m	101,982	+15%
Ishares TRIJR	1.2%	$3m	21,623	Held
American Centy ETF TRAVSC	1.2%	$3m	42,181	Held
Janus Detroit STR TRJAAA	1.1%	$3m	57,294	+45%
AppleAAPL	1.0%	$3m	8,784	Held
Bluerock Private Real Estate FundBPRE	1.0%	$3m	195,235	Held
Insight Molecular DiagnosticsIMDX	0.8%	$2m	368,849	+190%
Meta PlatformsMETA	0.8%	$2m	3,665	New
Vaneck ETF TrustSMOT	0.7%	$2m	49,230	-4%
Ishares TRIVV	0.7%	$2m	2,380	-3%
State STR Spdr S&P 500 ETF TSPY	0.6%	$2m	2,164	Held
Vanguard World FDVGT	0.6%	$2m	12,757	-6%
TeslaTSLA	0.6%	$2m	3,574	+63%
Amazon.comAMZN	0.4%	$1m	4,621	+5%
Ishares TRICF	0.3%	$917,689	13,569	+10%
Global X FDSSNSR	0.3%	$889,569	17,802	-3%
Space Exploration TechnologiesSPCX	0.3%	$880,649	5,154	New
CoreWeaveCRWV	0.3%	$861,419	8,654	Held
Vanguard Index FDSVTI	0.3%	$828,631	2,239	+5%
Ishares TRXT	0.3%	$819,139	9,913	Held
Vanguard World FDMGC	0.3%	$780,267	2,852	Held
Ishares TRARTY	0.3%	$776,560	10,196	Held
Ishares TRIGM	0.3%	$729,331	4,459	Held
AMG ETF TrustMUNX	0.3%	$727,200	28,855	Held
Spdr Index SHS FDSRWO	0.3%	$679,909	13,678	Held
AlphabetGOOG	0.2%	$634,132	1,795	+18%
Spdr Gold TRGLD	0.2%	$607,023	1,648	+2%
DBX ETF TRDBEF	0.2%	$593,610	10,866	-17%
Ishares TREFA	0.2%	$591,599	5,695	Held
Capital GRP Fixed Incm ETF TCGMU	0.2%	$588,280	21,415	New
Ishares TRIVW	0.2%	$587,941	4,275	Held
MicrosoftMSFT	0.2%	$586,256	1,572	+11%
J P Morgan Exchange Traded FJMST	0.2%	$559,886	10,978	Held
Pacer FDS TRPTNQ	0.2%	$559,474	6,311	Held
AlphabetGOOGL	0.2%	$462,162	1,293	Held
Calamos ETF TRCAIQ	0.2%	$455,851	16,978	+102%
Vaneck ETF TrustSMH	0.2%	$450,038	686	Held
Janus Detroit STR TRVNLA	0.2%	$445,361	9,114	-13%
NvidiaNVDA	0.2%	$414,205	2,070	-70%
Figure Technology SolutionsFIGR	0.2%	$413,960	13,480	-49%
J P Morgan Exchange Traded FJPLD	0.2%	$403,742	7,736	Held
RBB FDCPAG	0.1%	$383,456	3,736	+35%
NVRNVR	0.1%	$374,737	55	Held
Ishares TRIWF	0.1%	$374,350	3,015	Held
Schwab Strategic TRSCHB	0.1%	$334,021	11,534	New
Ishares TRIWB	0.1%	$317,922	776	Held
QualcommQCOM	0.1%	$307,127	1,662	Held
DeereDE	0.1%	$301,552	475	Held
Ishares TRIVE	0.1%	$301,406	1,327	Held
Dimensional ETF TrustDFIS	0.1%	$289,278	8,258	Held
Dimensional ETF TrustDFAU	0.1%	$278,578	5,389	Held
OracleORCL	0.1%	$277,765	1,895	+12%
Costco WholesaleCOST	0.1%	$274,470	293	-10%
Calamos ETF TRCAIE	0.1%	$273,847	10,064	New
Ishares TRIJH	0.1%	$272,918	3,539	-6%
Grayscale Bitcoin Mini TR ETBTC	<0.1%	$265,988	10,250	New
Harbor ETF TrustHGER	<0.1%	$255,541	8,710	+6%
Global X FDSBOTZ	<0.1%	$247,439	6,522	-4%
ARK ETF TRARKK	<0.1%	$238,089	2,946	New
Taiwan Semiconductor ManufacturingTSM	<0.1%	$236,849	496	New
Calamos ETF TRCAGE	<0.1%	$229,320	8,276	New
State STR Spdr S&P Midcap 40MDY	<0.1%	$226,438	322	New
Applied MaterialsAMAT	<0.1%	$225,516	312	New
CSXCSX	<0.1%	$222,842	4,688	New
Calamos ETF TRCPSL	<0.1%	$217,608	7,794	Held
Global X FDSSHLD	<0.1%	$213,450	3,575	-49%
Host Hotels & ResortsHST	<0.1%	$208,159	8,779	New
T Rowe Price Exchange-TradedTTEQ	<0.1%	$204,994	4,596	New
Consolidated EdisonED	<0.1%	$204,503	1,849	Held
Palo Alto NetworksPANW	<0.1%	$203,930	598	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 26.1% since 30 June 2025.

Where the money is

Retail & consumer22.2%

Industrials5.4%

Technology2.5%

Media & telecom1.2%

Health care0.8%

Financial services0.2%

Everyday goods0.1%

Real estate0.1%

Utilities0.1%

Other67.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.