Hughes Financial Services, LLC — 13F Holdings & Portfolio
CIK 2054465 · latest 13F-HR filed 2026-07-20
Hughes Financial Services, LLC manages $754.5M in 13F-reported U.S. long-equity assets across 1,839 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPTM (20.82%), JCPB (10.08%), JIRE (9.92%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 248 new positions and exited 129; 1,190 existing positions rose in reported value and 284 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.
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AUM
$754.5M
Long-equity book
Holdings
1,839
Distinct positions
Period
2026-06-30
Filed 2026-07-20
Q/Q Activity
+248 / −129 / ↑1190 / ↓284
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26SPTM20.8% · +4%JCPB10.1% · +8%JIRE9.9% · +6%JQUA9.7% · +6%EMXC8.8% · -10%JTEK5.6% · +0%DGRO4.9% · +5%JPIB3.2% · +10%SPIP2.8% · +8%SPTS2.1% · newQUAL1.6% · -4%DFUS1.6% · -1%VGIT1.4% · newVTES1.1% · +8%VEU1.1% · -3%QUS1.1% · -1%HELO0.9% · +1%SPDW0.8% · -1%VIG0.7% · -1%VEA0.7% · -1%JMUB0.7% · +9%SPSM0.6% · -5%FITE0.5% · +0%IVV0.5% · -1%GINN0.4% · -2%SPY0.4% · -1%TIP0.4% · +5%AAPL0.3% · +8%IBTH0.3% · +3%IBTI0.3% · +3%IBTJ0.3% · +3%IBTK0.3% · -0%IBTG0.2% · -9%VWO0.2% · -2%NVDA0.2% · +14%KOMP0.2% · -11%JPM0.2% · +2%ESGU0.2% · +1%VUG0.2% · +500%KNSL0.1% · +0%VB0.1% · +1%MSFT0.1% · +14%GOOG0.1% · +12%SPYM0.1% · +4%SPEM0.1% · -8%AMZN0.1% · +30%D0.1% · +0%BRK.B0.1% · +9%KO0.1% · +3%FULT0.1% · 0%GOOGL0.1% · +29%LLY0.1% · +18%XOM0.1% · -3%AVGO0.1% · +34%ESGD0.1% · +5%MGK0.1% · +303%AMAT0.1% · +5%CSCO0.1% · +6%MU0.0% · +16%HD0.0% · +4%
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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 77.8%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Jul 9, 2026.
Assets Under Management
$759.8M
Discretionary
$747.7M
Employees
12
Accounts
2,327
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BLUESPRING WEALTH PARTNERS, LLC Control | PARTNERSHIP since Dec 2023 | 75% or more | Domestic Entity |
| HUGHES, DANIEL, SCOTT Control | MANAGING MEMBER since May 2009 | Less than 5% | Individual |
| HUGHES, PATRICK, THOMAS Control | MANAGING MEMBER since Jun 2016 | Less than 5% | Individual |
| HUGHES, PAUL, THOMAS Control | MANAGING MEMBER since May 2009 | Less than 5% | Individual |
| MEREDITH, BERKELEY, BYRON Control | MANAGING MEMBER since May 2023 | Less than 5% | Individual |
| WEINHARDT, JO ANN, CIZEK Control | CHIEF COMPLIANCE OFFICER since Oct 2017 | Less than 5% | Individual |
| KESTRA ADVISOR SERVICES HOLDINGS A, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS B, INC. | OWNER since Oct 2014 | 75% or more | Domestic Entity |
| KESTRA ADVISOR SERVICES HOLDINGS B, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS C, INC. | OWNER since Oct 2014 | 75% or more | Domestic Entity |
| KESTRA ADVISOR SERVICES HOLDINGS C, INC. Control Indirect owner via KESTRA FINANCIAL, INC. | OWNER since Oct 2014 | 75% or more | Domestic Entity |
| KESTRA FINANCIAL, INC. Control Indirect owner via BLUESPRING WEALTH PARTNERS, LLC | OWNER since Apr 2017 | 75% or more | Domestic Entity |
| KINGFISHER HOLDING L.P. Control Indirect owner via KINGFISHERHOLDING A, INC. | OWNER since Jun 2019 | 75% or more | Domestic Entity |
| KINGFISHER TOPCO HOLDINGS GP, LLC Control Indirect owner via KINGFISHER TOPCO HOLDINGS, LP | GENERAL PARTNER since Feb 2025 | General partner, trustee or manager | Domestic Entity |
| KINGFISHER TOPCO HOLDINGS, LP Control Indirect owner via KINGFISHER HOLDING L.P. | OWNER since Feb 2025 | 75% or more | Domestic Entity |
| KINGFISHERHOLDING A, INC. Control Indirect owner via KINGFISHERHOLDING B, INC. | OWNER since Jun 2019 | 75% or more | Foreign Entity |
| KINGFISHERHOLDING B, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS A, INC. | OWNER since Jun 2019 | 75% or more | Domestic Entity |
| OHCP VI ENZO AGGREGATOR, L.P. Control Indirect owner via KINGFISHER TOPCO HOLDINGS, LP | OWNER since Feb 2025 | 25–50% | Domestic Entity |
| T-IX KRAKEN CO-INVEST, LP Control Indirect owner via KINGFISHER TOPCO HOLDINGS, LP | OWNER since Feb 2025 | 25–50% | Domestic Entity |
Ownership & leadership changes · 6 filings with changes since Jan 9, 2015
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Feb 10, 2026 filing
- No longer listedOHCP VI ENZO AGGREGATOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING L.P. · control person · listed since Feb 2023
Mar 21, 2025 filing
- No longer listedKINGFISHER HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING L.P. · control person · listed since Jun 2019
- No longer listedOAK HILL CAPITAL PARTNERS VI (ONSHORE), L.P. · LIMITED PARTNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person · listed since Feb 2023
- No longer listedOAK HILL CAPITAL PARTNERS VI (TE892), L.P. · LIMITED PARTNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person · listed since Feb 2023
- No longer listedWARBURG PINCUS FINANCIAL SECTOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING L.P. · control person · listed since Jun 2019
- AddedKINGFISHER TOPCO HOLDINGS GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
- AddedKINGFISHER TOPCO HOLDINGS, LP · OWNER · 75% or more · indirect via KINGFISHER HOLDING L.P. · control person
- AddedMEREDITH, BERKELEY, BYRON · MANAGING MEMBER · Less than 5% · control person
- AddedOHCP VI ENZO AGGREGATOR, L.P. · OWNER · 25–50% · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
- AddedT-IX KRAKEN CO-INVEST, LP · OWNER · 25–50% · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
Jan 30, 2024 filing
- AddedBLUESPRING WEALTH PARTNERS, LLC · PARTNERSHIP · 75% or more · control person
- AddedKESTRA ADVISOR SERVICES HOLDINGS A, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS B, INC. · control person
- AddedKESTRA ADVISOR SERVICES HOLDINGS B, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS C, INC. · control person
- AddedKESTRA ADVISOR SERVICES HOLDINGS C, INC. · OWNER · 75% or more · indirect via KESTRA FINANCIAL, INC. · control person
- AddedKESTRA FINANCIAL, INC. · OWNER · 75% or more · indirect via BLUESPRING WEALTH PARTNERS, LLC · control person
- AddedKINGFISHER HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING L.P. · control person
- AddedKINGFISHER HOLDING L.P. · OWNER · 75% or more · indirect via KINGFISHERHOLDING A, INC. · control person
- AddedKINGFISHERHOLDING A, INC. · OWNER · 75% or more · indirect via KINGFISHERHOLDING B, INC. · control person
- AddedKINGFISHERHOLDING B, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS A, INC. · control person
- AddedOAK HILL CAPITAL PARTNERS VI (ONSHORE), L.P. · LIMITED PARTNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person
- AddedOAK HILL CAPITAL PARTNERS VI (TE892), L.P. · LIMITED PARTNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person
- AddedOHCP VI ENZO AGGREGATOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING L.P. · control person
- AddedWARBURG PINCUS FINANCIAL SECTOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING L.P. · control person
- ChangedHUGHES, DANIEL, SCOTT · ownership 50–75% → Less than 5%
- ChangedHUGHES, PATRICK, THOMAS · ownership 25–50% → Less than 5%
- ChangedHUGHES, PAUL, THOMAS · ownership 10–25% → Less than 5%
Mar 10, 2021 filing
- ChangedHUGHES, PATRICK, THOMAS · ownership 10–25% → 25–50%
- ChangedHUGHES, PAUL, THOMAS · ownership 25–50% → 10–25%
Oct 13, 2017 filing
- AddedWEINHARDT, JO ANN, CIZEK · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedHUGHES, PAUL, THOMAS · title MANAGING MEMBER/CHIEF COMPLIANCE OFFICER → MANAGING MEMBER
Mar 10, 2017 filing
- AddedHUGHES, PATRICK, THOMAS · MANAGING MEMBER · 10–25% · control person
- ChangedHUGHES, PAUL, THOMAS · ownership 50–75% → 25–50%
Jan 9, 2015 filing (earliest on record)
- ListedHUGHES, DANIEL, SCOTT · MANAGING MEMBER · 50–75% · control person
- ListedHUGHES, PAUL, THOMAS · MANAGING MEMBER/CHIEF COMPLIANCE OFFICER · 50–75% · control person
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)
- STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF$24.9M +18.9%
- JPMORGAN U.S. QUALITY FACTOR ETF$14.6M +25.0%
- JPMORGAN U.S. TECH LEADERS ETF$12.3M +40.9%
- JPMORGAN INTERNATIONAL RESEARCH ENHANCED EQUITY ETF$10.1M +15.7%
- ISHARES MSCI EMERGING MARKETS EX CHINA ETF$9.6M +16.9%
Top Trims
- ISHARES 1-3 YEAR TREASURY BOND ETF-$14.9M -99.9%
- ISHARES 10-20 YEAR TREASURY BOND ETF-$9.6M -100.0%
- ISHARES IBONDS DEC 2026 TERM TREASURY ETF-$182.5K -9.1%
- LEIDOS HOLDINGS INC COM-$117.5K -98.5%
- AT&T INC COM-$63.7K -29.1%
Exited Positions
- EXXON MOBIL CORP COM$636.1K
- JPMORGAN MORTGAGE-BACKED SECURITIES ETF$62.4K
- RIGEL PHARMACEUTICALS INC COM$43.3K
- FIDELITY FUNDAMENTAL LARGE CAP GROWTH ETF$19.0K
- FIDELITY QUALITY FACTOR ETF$18.7K
Hughes Financial Services, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | SPTM | 78464A805 | $157.1M | 20.82% | 1,730,399 | SH |
| 2 | JPMORGAN CORE PLUS BOND ETF | JCPB | 46641Q670 | $76.1M | 10.08% | 1,620,206 | SH |
| 3 | JPMORGAN INTERNATIONAL RESEARCH ENHANCED EQUITY ETF | JIRE | 46641Q134 | $74.8M | 9.92% | 907,369 | SH |
| 4 | JPMORGAN U.S. QUALITY FACTOR ETF | JQUA | 46641Q761 | $73.1M | 9.69% | 1,011,274 | SH |
| 5 | ISHARES MSCI EMERGING MARKETS EX CHINA ETF | EMXC | 46434G764 | $66.3M | 8.79% | 647,996 | SH |
| 6 | JPMORGAN U.S. TECH LEADERS ETF | JTEK | 46654Q732 | $42.6M | 5.64% | 381,610 | SH |
| 7 | ISHARES CORE DIVIDEND GROWTH ETF | DGRO | 46434V621 | $36.6M | 4.85% | 483,103 | SH |
| 8 | JPMORGAN INTERNATIONAL BOND OPPORTUNITIES FUND | JPIB | 46641Q852 | $23.9M | 3.17% | 495,030 | SH |
| 9 | STATE STREET SPDR PORTFOLIO TIPS ETF | SPIP | 78464A656 | $20.8M | 2.75% | 808,835 | SH |
| 10 | STATE STREET SPDR PORTFOLIO SHORT TERM TREASURY ETF | SPTS | 78468R101 | $16.0M | 2.12% | 552,224 | SH |
| 11 | ISHARES MSCI USA QUALITY FACTOR ETF | QUAL | 46432F339 | $12.5M | 1.65% | 56,740 | SH |
| 12 | DIMENSIONAL U.S. EQUITY MARKET ETF | DFUS | 25434V401 | $12.2M | 1.62% | 148,814 | SH |
| 13 | VANGUARD INTERMEDIATE-TERM TREASURY ETF | VGIT | 92206C706 | $10.6M | 1.40% | 179,076 | SH |
| 14 | VANGUARD SHORT-TERM TAX EXEMPT BOND ETF | VTES | 921935870 | $8.2M | 1.09% | 81,423 | SH |
| 15 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | VEU | 922042775 | $8.1M | 1.07% | 96,411 | SH |
| 16 | STATE STREET SPDR MSCI USA STRATEGICFACTORS ETF | QUS | 78468R812 | $8.0M | 1.06% | 42,984 | SH |
| 17 | JPMORGAN HEDGED EQUITY LADDERED OVERLAY ETF | HELO | 46654Q724 | $6.9M | 0.91% | 101,615 | SH |
| 18 | STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | SPDW | 78463X889 | $6.3M | 0.83% | 124,710 | SH |
| 19 | VANGUARD DIVIDEND APPRECIATION ETF | VIG | 921908844 | $5.2M | 0.69% | 22,148 | SH |
| 20 | VANGUARD FTSE DEVELOPED MARKETS ETF | VEA | 921943858 | $5.2M | 0.69% | 73,369 | SH |
| 21 | JPMORGAN MUNICIPAL ETF | JMUB | 46641Q647 | $4.9M | 0.66% | 97,587 | SH |
| 22 | STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF | SPSM | 78468R853 | $4.2M | 0.56% | 73,090 | SH |
| 23 | STATE STREET SPDR S&P KENSHO FUTURE SECURITY ETF | FITE | 78468R671 | $4.0M | 0.54% | 36,021 | SH |
| 24 | ISHARES CORE S&P 500 ETF | IVV | 464287200 | $3.6M | 0.47% | 4,773 | SH |
| 25 | INNOVATE EQUITY ETF | GINN | 38149W820 | $3.3M | 0.43% | 41,463 | SH |
| 26 | STATE STREET SPDR S&P 500 ETF | SPY | 78462F103 | $2.8M | 0.37% | 3,764 | SH |
| 27 | ISHARES TIPS BOND ETF | TIP | 464287176 | $2.7M | 0.35% | 24,304 | SH |
| 28 | APPLE INC COM | AAPL | 037833100 | $2.6M | 0.35% | 9,077 | SH |
| 29 | ISHARES IBONDS DEC 2027 TERM TREASURY ETF | IBTH | 46436E841 | $2.3M | 0.31% | 102,916 | SH |
| 30 | ISHARES IBONDS DEC 2028 TERM TREASURY ETF | IBTI | 46436E833 | $2.3M | 0.30% | 103,191 | SH |
| 31 | ISHARES IBONDS DEC 2029 TERM TREASURY ETF | IBTJ | 46436E825 | $2.2M | 0.30% | 102,834 | SH |
| 32 | ISHARES IBONDS DEC 2030 TERM TREASURY ETF | IBTK | 46436E593 | $2.2M | 0.28% | 110,044 | SH |
| 33 | ISHARES IBONDS DEC 2026 TERM TREASURY ETF | IBTG | 46436E858 | $1.8M | 0.24% | 80,018 | SH |
| 34 | VANGUARD FTSE EMERGING MARKETS ETF | VWO | 922042858 | $1.8M | 0.24% | 30,095 | SH |
| 35 | NVIDIA CORPORATION COM | NVDA | 67066G104 | $1.5M | 0.19% | 7,295 | SH |
| 36 | STATE STREET SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETF | KOMP | 78468R648 | $1.3M | 0.17% | 18,329 | SH |
| 37 | JPMORGAN CHASE & CO COM | JPM | 46625H100 | $1.2M | 0.16% | 3,713 | SH |
| 38 | ISHARES ESG AWARE MSCI USA ETF | ESGU | 46435G425 | $1.2M | 0.16% | 7,397 | SH |
| 39 | VANGUARD GROWTH ETF | VUG | 922908736 | $1.2M | 0.16% | 14,046 | SH |
| 40 | KINSALE CAP GROUP INC COM | KNSL | 49714P108 | $1.1M | 0.14% | 3,245 | SH |
| 41 | VANGUARD SMALL-CAP ETF | VB | 922908751 | $1.0M | 0.13% | 3,349 | SH |
| 42 | MICROSOFT CORP COM | MSFT | 594918104 | $943.4K | 0.13% | 2,529 | SH |
| 43 | ALPHABET INC CAP STK CL C | GOOG | 02079K107 | $920.1K | 0.12% | 2,604 | SH |
| 44 | STATE STREET SPDR PORTFOLIO S&P 500 ETF | SPYM | 78464A854 | $898.6K | 0.12% | 10,225 | SH |
| 45 | STATE STREET SPDR PORTFOLIO EMERGING MARKETS ETF | SPEM | 78463X509 | $879.8K | 0.12% | 16,991 | SH |
| 46 | AMAZON COM INC COM | AMZN | 023135106 | $757.0K | 0.10% | 3,176 | SH |
| 47 | DOMINION ENERGY INC COM | D | 25746U109 | $687.7K | 0.09% | 10,071 | SH |
| 48 | BERKSHIRE HATHAWAY INC DEL CL B NEW | BRK.B | 084670702 | $613.0K | 0.08% | 1,225 | SH |
| 49 | COCA COLA CO COM | KO | 191216100 | $611.6K | 0.08% | 7,525 | SH |
| 50 | FULTON FINL CORP PA COM | FULT | 360271100 | $610.7K | 0.08% | 25,247 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-20 | $754.5M | 1,839 | 0002054465-26-000003 |
| 2026-03-31 | 2026-04-29 | $650.9M | 1,720 | 0002054465-26-000002 |
| 2025-12-31 | 2026-02-11 | $636.7M | 1,276 | 0002054465-26-000001 |
Filer Information
Address
2201 COOPERATIVE WAYSUITE 150
HERNDON, VA 20171
Phone
(703) 669-3660
Filing Manager
Hughes Financial Services, LLC
HERNDON, VA
Signatory
Jo Ann Weinhardt
Operations and Compliance Manager