Family Office Research LLC — 13F Holdings & Portfolio

CIK 2041267 · latest 13F-HR filed 2026-10-14

Family Office Research LLC manages $260.0M in 13F-reported U.S. long-equity assets across 85 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are MAR (20.63%), VOO (10.74%), SMLF (6.62%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 9 new positions and exited 9; 17 existing positions rose in reported value and 26 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

AUM

$260.0M

Long-equity book

Holdings

Distinct positions

Period

2026-09-30

Filed 2026-10-14

Q/Q Activity

+9 / −9 / ↑17 / ↓26

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26

MAR20.6% · -1%VOO10.7% · -0%SMLF6.6% · +0%AVUS6.0% · +10%TBIL5.8% · +9%QQQ5.8% · -3%DFAC5.3% · -3%MOAT4.7% · -14%BALT2.3% · +68%DFIC2.2% · -0%DFEM1.7% · -0%AVDE1.7% · -4%JAAA1.5% · +37%AVEM1.5% · +0%IWV1.5% · +0%IJR1.1% · -1%AAPL1.1% · -5%META1.0% · 0%AVSC1.0% · -9%CAGE0.9% · +886%IMDX0.9% · +76%CPSL0.9% · +909%BPRE0.7% · -21%IVV0.7% · 0%SMOT0.6% · -14%SPY0.6% · -5%VGT0.6% · -2%MPDY0.6% · new CAIE0.5% · +372%CAIQ0.5% · +167%SPCX0.4% · +41%AMZN0.4% · -15%BRK.B0.4% · new ICF0.3% · +0%CGMU0.3% · +53%VTI0.3% · +1%MGC0.3% · +0%MSFT0.3% · -3%ARTY0.3% · -3%SNSR0.3% · -11%CRWV0.3% · 0%IGM0.3% · -4%TSLA0.3% · -45%MUNX0.3% · +1%RWO0.2% · +0%GLD0.2% · -0%XT0.2% · -28%DBEF0.2% · 0%IVW0.2% · -3%EFA0.2% · -2%JMST0.2% · +1%GOOG0.2% · -9%SGOV0.2% · new TSLL0.2% · new FAAA0.2% · new ETHA0.2% · new SMH0.2% · 0%PTNQ0.2% · -26%SPCH0.2% · new FIGR0.2% · +3%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

5 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 70.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 19, 2026.

Assets Under Management

$648.2M

Discretionary

$393.5M

Employees

Accounts

136

Address

7910 WOODMONT AVE
SUITE 1120
BETHESDA, MD 20814

Phone

(301) 684-1765

Website

WWW.FAMILYOFFICERESEARCH.COM

Name	Title / Status	Ownership	Type
FREUND, SCOTT, MATTHEW Control	MANAGING MEMBER & CHIEF COMPLIANCE OFFICER since Jan 2010	75% or more	Individual
FREUND, EMILY, ANN	MANAGING MEMBER since Feb 2013	Less than 5%	Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

INNOVATOR ETFS TRUST$2.5M +71.5%
CALAMOS ETF TR$2.1M +918.2%
CALAMOS ETF TR$2.0M +922.4%
AMERICAN CENTY ETF TR$1.4M +9.6%
RBB FD INC$1.3M +9.1%

Show all 17 →

Top Trims

VANECK ETF TRUST-$1.8M -12.9%
ISHARES TR-$1.1M -5.8%
TESLA INC-$801.1K -53.3%
BLUEROCK PVT REAL ESTATE FD-$614.8K -24.2%
AMERICAN CENTY ETF TR-$449.3K -14.5%

Show all 26 →

New Positions

Show all 9 →

Exited Positions

Show all 9 →

Loading…

#	Issuer	Symbol	CUSIP	Value	Δ

Family Office Research LLC Holdings (2026-09-30)

#	Issuer	Symbol	CUSIP	Value	Weight	Shares	Type
1	MARRIOTT INTL INC NEW	MAR	571903202	$53.6M	20.63%	150,798	SH
2	VANGUARD INDEX FDS	VOO	922908363	$27.9M	10.74%	39,830	SH
3	ISHARES TR	SMLF	46434V290	$17.2M	6.62%	205,977	SH
4	AMERICAN CENTY ETF TR	AVUS	025072885	$15.6M	6.01%	122,099	SH
5	RBB FD INC	TBIL	74933W452	$15.1M	5.82%	303,655	SH
6	INVESCO QQQ TR	QQQ	46090E103	$15.0M	5.76%	20,231	SH
7	DIMENSIONAL ETF TRUST	DFAC	25434V708	$13.9M	5.34%	312,341	SH
8	VANECK ETF TRUST	MOAT	92189F643	$12.1M	4.66%	114,614	SH
9	INNOVATOR ETFS TRUST	BALT	45783Y855	$6.0M	2.31%	171,004	SH
10	DIMENSIONAL ETF TRUST	DFIC	25434V799	$5.8M	2.25%	155,472	SH
11	DIMENSIONAL ETF TRUST	DFEM	25434V732	$4.4M	1.70%	111,234	SH
12	AMERICAN CENTY ETF TR	AVDE	025072703	$4.4M	1.68%	48,456	SH
13	JANUS DETROIT STR TR	JAAA	47103U845	$4.0M	1.52%	78,372	SH
14	AMERICAN CENTY ETF TR	AVEM	025072604	$3.9M	1.50%	41,568	SH
15	ISHARES TR	IWV	464287689	$3.8M	1.48%	8,887	SH
16	ISHARES TR	IJR	464287804	$2.9M	1.12%	21,377	SH
17	APPLE INC	AAPL	037833100	$2.8M	1.07%	8,341	SH
18	META PLATFORMS INC	META	30303M102	$2.7M	1.02%	3,666	SH
19	AMERICAN CENTY ETF TR	AVSC	025072323	$2.6M	1.02%	38,244	SH
20	CALAMOS ETF TR	CAGE	12811T522	$2.3M	0.90%	81,582	SH
21	INSIGHT MOLECULAR DIA INC	IMDX	68235C206	$2.3M	0.90%	650,234	SH
22	CALAMOS ETF TR	CPSL	12811T738	$2.2M	0.86%	78,674	SH
23	BLUEROCK PVT REAL ESTATE FD	BPRE	09631P102	$1.9M	0.74%	153,522	SH
24	ISHARES TR	IVV	464287200	$1.8M	0.70%	2,381	SH
25	VANECK ETF TRUST	SMOT	92189H730	$1.6M	0.61%	42,128	SH
26	STATE STR SPDR S&P 500 ETF T	SPY	78462F103	$1.6M	0.60%	2,055	SH
27	VANGUARD WORLD FD	VGT	92204A702	$1.6M	0.60%	12,436	SH
28	VALUED ADVISERS TR	MPDY	92046L288	$1.5M	0.57%	63,079	SH
29	CALAMOS ETF TR	CAIE	12811T571	$1.3M	0.49%	47,491	SH
30	CALAMOS ETF TR	CAIQ	12811T530	$1.2M	0.46%	45,380	SH
31	SPACE EXPLORATION TECHN CORP	SPCX	84615Q103	$1.1M	0.42%	7,276	SH
32	AMAZON COM INC	AMZN	023135106	$976.2K	0.38%	3,918	SH
33	BERKSHIRE HATHAWAY INC DEL	BRK.B	084670702	$943.8K	0.36%	1,895	SH
34	ISHARES TR	ICF	464287564	$857.9K	0.33%	13,639	SH
35	CAPITAL GRP FIXED INCM ETF T	CGMU	14020Y201	$849.9K	0.33%	32,764	SH
36	VANGUARD INDEX FDS	VTI	922908769	$844.7K	0.32%	2,257	SH
37	VANGUARD WORLD FD	MGC	921910873	$806.9K	0.31%	2,858	SH
38	MICROSOFT CORP	MSFT	594918104	$779.4K	0.30%	1,519	SH
39	ISHARES TR	ARTY	46435U556	$777.4K	0.30%	9,925	SH
40	GLOBAL X FDS	SNSR	37954Y780	$771.6K	0.30%	15,800	SH
41	COREWEAVE INC	CRWV	21873S108	$753.9K	0.29%	8,654	SH
42	ISHARES TR	IGM	464287549	$722.6K	0.28%	4,274	SH
43	TESLA INC	TSLA	88160R101	$702.3K	0.27%	1,979	SH
44	AMG ETF TRUST	MUNX	03116L108	$681.0K	0.26%	29,014	SH
45	SPDR INDEX SHS FDS	RWO	78463X749	$637.5K	0.25%	13,739	SH
46	SPDR GOLD TR	GLD	78463V107	$627.6K	0.24%	1,647	SH
47	ISHARES TR	XT	46434V381	$599.0K	0.23%	7,182	SH
48	DBX ETF TR	DBEF	233051200	$597.1K	0.23%	10,866	SH
49	ISHARES TR	IVW	464287309	$588.2K	0.23%	4,135	SH
50	ISHARES TR	EFA	464287465	$582.1K	0.22%	5,603	SH

Filing History

Period	Filed	AUM	Holdings	Accession
2026-09-30	2026-10-14	$260.0M	85	0001172661-26-004535
2026-06-30	2026-07-27	$266.6M	85	0001172661-26-002809
2026-03-31	2026-05-13	$230.2M	75	0001172661-26-001761
2025-12-31	2026-02-09	$244.6M	77	0001172661-26-000542
2025-09-30	2025-11-04	$228.6M	72	0001172661-25-004576

Filer Information

Address

7910 WOODMONT AVE
SUITE 1120
BETHESDA, MD 20814

Phone

(301) 656-6852

Filing Manager

Family Office Research LLC

Bethesda, MD

Signatory

Scott M. Freund

President