Hughes Financial Services, LLC

HERNDON, VA · CIK 2054465 · 13F filing filed 2026-07-20

SEC-registered investment adviser since 2015 · limited liability company

Assets managed$759.8m
Staff12 · 6 in investment roles
Main clients (by assets)High net worth individuals 76%, Individuals 24%
Websiteh4fs.com
Form ADV · 2026-07-09SEC adviser record

$754.5m reported value +15.9% vs Q1 2026

1,839positions

77.8%in top 10

248 new 919 added 244 reduced 129 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	1,730,399	$157.1m20.82%	20.82%	Added +58.5k	+58,458 3.5%
2	J P MORGAN EXCHANGE TRADED F CORE PLUS BD ETF JCPB	JCPB	1,620,206	$76.1m10.08%	10.08%	Added +113.7k	+113,708 7.5%
3	J P MORGAN EXCHANGE TRADED F INTRNL RES EQT JIRE	JIRE	907,369	$74.8m9.92%	9.92%	Added +53.0k	+53,031 6.2%
4	J P MORGAN EXCHANGE TRADED F US QUALTY FCTR JQUA	JQUA	1,011,274	$73.1m9.69%	9.69%	Added +57.6k	+57,584 6.0%
5	ISHARES INC MSCI EMRG CHN EMXC	EMXC	647,996	$66.3m8.79%	8.79%	Reduced -72.8k	-72,816 -10.1%
6	J P MORGAN EXCHANGE TRADED F U S TECH LEADERS JTEK	JTEK	381,610	$42.6m5.64%	5.64%	Added +1.7k	+1,669 0.4%
7	ISHARES TR CORE DIV GRWTH DGRO	DGRO	483,103	$36.6m4.85%	4.85%	Added +21.8k	+21,824 4.7%
8	J P MORGAN EXCHANGE TRADED F INTL BD OPP ETF JPIB	JPIB	495,030	$23.9m3.17%	3.17%	Added +43.5k	+43,537 9.6%
9	SPDR SER TR PORTFLI TIPS ETF SPIP	SPIP	808,835	$20.8m2.75%	2.75%	Added +59.2k	+59,249 7.9%
10	SPDR SER TR PORTFOLIO SH TSR SPTS	SPTS	552,224	$16.0m2.12%	2.12%	New
11	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	56,740	$12.5m1.65%	1.65%	Reduced -2.1k	-2,149 -3.6%
12	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	148,814	$12.2m1.62%	1.62%	Reduced -1.6k	-1,646 -1.1%
13	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	179,076	$10.6m1.40%	1.40%	New
14	VANGUARD WELLINGTON FD SHORT TRM TAX EX VTES	VTES	81,423	$8.2m1.09%	1.09%	Added +5.8k	+5,811 7.7%
15	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	96,411	$8.1m1.07%	1.07%	Reduced -2.7k	-2,746 -2.8%
16	SPDR SER TR MSCI USA STRTGIC QUS	QUS	42,984	$8.0m1.06%	1.06%	Reduced -575	-575 -1.3%
17	J P MORGAN EXCHANGE TRADED F HEDGED EQUITY LA HELO	HELO	101,615	$6.9m0.91%	0.91%	Added +1.1k	+1,074 1.1%
18	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	124,710	$6.3m0.83%	0.83%	Reduced -1.5k	-1,463 -1.2%
19	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	22,148	$5.2m0.69%	0.69%	Reduced -153	-153 -0.7%
20	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	73,369	$5.2m0.69%	0.69%	Reduced -927	-927 -1.2%
21	J P MORGAN EXCHANGE TRADED F MUNICIPAL ETF JMUB	JMUB	97,587	$4.9m0.66%	0.66%	Added +8.2k	+8,170 9.1%
22	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	73,090	$4.2m0.56%	0.56%	Reduced -3.6k	-3,625 -4.7%
23	SPDR SER TR S&P KENSHO FUTRE FITE	FITE	36,021	$4.0m0.54%	0.54%	Added +127	+127 0.3%
24	ISHARES TR CORE S&P500 ETF IVV	IVV	4,773	$3.6m0.47%	0.47%	Reduced -70	-70 -1.4%
25	GOLDMAN SACHS ETF TR INNOVAT EQ ETF GINN	GINN	41,463	$3.3m0.43%	0.43%	Reduced -806	-806 -1.9%
26	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	3,764	$2.8m0.37%	0.37%	Reduced -52	-52 -1.4%
27	ISHARES TR TIPS BD ETF TIP	TIP	24,304	$2.7m0.35%	0.35%	Added +1.1k	+1,119 4.8%
28	APPLE INC COM AAPL	AAPL	9,077	$2.6m0.35%	0.35%	Added +671	+671 8.0%
29	ISHARES TR IBONDS 27 TRM TS IBTH	IBTH	102,916	$2.3m0.31%	0.31%	Added +2.7k	+2,680 2.7%
30	ISHARES TR IBONDS 28 TRM TS IBTI	IBTI	103,191	$2.3m0.30%	0.30%	Added +3.2k	+3,221 3.2%
31	ISHARES TR IBONDS 29 TRM TS IBTJ	IBTJ	102,834	$2.2m0.30%	0.30%	Added +3.3k	+3,285 3.3%
32	ISHARES TR IBOND DEC 2030 IBTK	IBTK	110,044	$2.2m0.28%	0.28%	Reduced -18	-18 -0.0%
33	ISHARES TR IBONDS 26 TRM TS IBTG	IBTG	80,018	$1.8m0.24%	0.24%	Reduced -7.9k	-7,876 -9.0%
34	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	30,095	$1.8m0.24%	0.24%	Reduced -482	-482 -1.6%
35	NVIDIA CORPORATION COM NVDA	NVDA	7,295	$1.5m0.19%	0.19%	Added +914	+914 14.3%
36	SPDR SER TR S&P KENSHO NEW KOMP	KOMP	18,329	$1.3m0.17%	0.17%	Reduced -2.2k	-2,184 -10.7%
37	JPMORGAN CHASE & CO COM JPM	JPM	3,713	$1.2m0.16%	0.16%	Added +66	+66 1.8%
38	ISHARES TR ESG AWR MSCI USA ESGU	ESGU	7,397	$1.2m0.16%	0.16%	Added +59	+59 0.8%
39	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	14,046	$1.2m0.16%	0.16%	Unchanged
40	KINSALE CAP GROUP INC COM KNSL	KNSL	3,245	$1.1m0.14%	0.14%	Added +6	+6 0.2%
41	VANGUARD INDEX FDS SMALL CP ETF VB	VB	3,349	$1.0m0.13%	0.13%	Added +30	+30 0.9%
42	MICROSOFT CORP COM MSFT	MSFT	2,529	$943.4k0.13%	0.13%	Added +307	+307 13.8%
43	ALPHABET INC CAP STK CL C GOOG	GOOG	2,604	$920.1k0.12%	0.12%	Added +283	+283 12.2%
44	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	10,225	$898.6k0.12%	0.12%	Added +393	+393 4.0%
45	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	16,991	$879.8k0.12%	0.12%	Reduced -1.4k	-1,384 -7.5%
46	AMAZON COM INC COM AMZN	AMZN	3,176	$757.0k0.10%	0.10%	Added +729	+729 29.8%
47	DOMINION ENERGY INC COM D	D	10,071	$687.7k0.09%	0.09%	Added +43	+43 0.4%
48	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,225	$613.0k0.08%	0.08%	Added +100	+100 8.9%
49	COCA COLA CO COM KO	KO	7,525	$611.6k0.08%	0.08%	Added +193	+193 2.6%
50	FULTON FINL CORP PA COM FULT	FULT	25,247	$610.7k0.08%	0.08%	Unchanged
51	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,587	$567.1k0.08%	0.08%	Added +354	+354 28.7%
52	ELI LILLY & CO COM LLY	LLY	443	$530.8k0.07%	0.07%	Added +69	+69 18.4%
53	EXXONMOBIL HOLDINGS CORP COM SHS STOCK XOM	XOM	3,633	$496.7k0.07%	0.07%	New
54	BROADCOM INC COM AVGO	AVGO	1,286	$485.8k0.06%	0.06%	Added +327	+327 34.1%
55	ISHARES TR ESG AW MSCI EAFE ESGD	ESGD	4,439	$456.4k0.06%	0.06%	Added +221	+221 5.2%
56	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	4,579	$402.5k0.05%	0.05%	Reduced -1.1k	-1,106 -19.4%
57	APPLIED MATLS INC COM AMAT	AMAT	555	$401.3k0.05%	0.05%	Added +28	+28 5.3%
58	CISCO SYS INC COM CSCO	CSCO	3,188	$374.5k0.05%	0.05%	Added +169	+169 5.6%
59	MICRON TECHNOLOGY INC COM MU	MU	321	$370.5k0.05%	0.05%	Added +43	+43 15.5%
60	HOME DEPOT INC COM HD	HD	1,046	$368.9k0.05%	0.05%	Added +37	+37 3.7%
61	GE AEROSPACE COM NEW GE	GE	962	$359.5k0.05%	0.05%	Reduced -141	-141 -12.8%
62	ISHARES INC ESG AWR MSCI EM ESGE	ESGE	6,512	$356.1k0.05%	0.05%	Added +75	+75 1.2%
63	MCDONALDS CORP COM MCD	MCD	1,314	$355.2k0.05%	0.05%	Unchanged
64	META PLATFORMS INC CL A META	META	605	$340.9k0.05%	0.05%	Added +94	+94 18.4%
65	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	398	$293.1k0.04%	0.04%	Added +9	+9 2.3%
66	WALMART INC COM WMT	WMT	2,558	$289.7k0.04%	0.04%	Added +1.2k	+1,183 86.0%
67	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	558	$279.8k0.04%	0.04%	Added +3	+3 0.5%
68	ISHARES TR CORE S&P SCP ETF IJR	IJR	1,872	$277.6k0.04%	0.04%	Unchanged
69	GE VERNOVA INC COM GEV	GEV	229	$269.0k0.04%	0.04%	Reduced -44	-44 -16.1%
70	JOHNSON & JOHNSON COM JNJ	JNJ	1,052	$267.1k0.04%	0.04%	Added +100	+100 10.5%
71	TESLA INC COM TSLA	TSLA	621	$261.2k0.03%	0.03%	Added +111	+111 21.8%
72	PNC FINL SVCS GROUP INC COM PNC	PNC	1,060	$261.0k0.03%	0.03%	Added +14	+14 1.3%
73	COSTCO WHSL CORP NEW COM COST	COST	277	$259.2k0.03%	0.03%	Reduced -2	-2 -0.7%
74	CATERPILLAR INC COM CAT	CAT	242	$257.7k0.03%	0.03%	Added +19	+19 8.5%
75	SPDR GOLD TR GOLD SHS GLD	GLD	667	$245.7k0.03%	0.03%	Unchanged
76	LOCKHEED MARTIN CORP COM LMT	LMT	465	$236.9k0.03%	0.03%	Added +5	+5 1.1%
77	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	928	$228.5k0.03%	0.03%	Reduced -7	-7 -0.8%
78	CORNING INC COM GLW	GLW	893	$228.1k0.03%	0.03%	Added +36	+36 4.2%
79	VERIZON COMMUNICATIONS INC COM VZ	VZ	5,384	$227.9k0.03%	0.03%	Reduced -62	-62 -1.1%
80	DUKE ENERGY CORP NEW COM NEW DUK	DUK	1,775	$224.7k0.03%	0.03%	Added +31	+31 1.8%
81	ADVANCED MICRO DEVICES INC COM AMD	AMD	374	$217.3k0.03%	0.03%	Added +102	+102 37.5%
82	CHEVRON CORP NEW COM CVX	CVX	1,296	$214.8k0.03%	0.03%	Added +44	+44 3.5%
83	ISHARES TR IBONDS DEC 27 IBMP	IBMP	8,270	$210.2k0.03%	0.03%	Added +720	+720 9.5%
84	SPDR SER TR SSGA US LRG ETF LGLV	LGLV	1,155	$209.6k0.03%	0.03%	Unchanged
85	MARRIOTT INTL INC NEW CL A MAR	MAR	563	$208.6k0.03%	0.03%	Added +9	+9 1.6%
86	YUM BRANDS INC COM YUM	YUM	1,298	$207.5k0.03%	0.03%	Added +10	+10 0.8%
87	NVR INC COM NVR	NVR	30	$204.4k0.03%	0.03%	Unchanged
88	NORTHROP GRUMMAN CORP COM NOC	NOC	401	$204.2k0.03%	0.03%	Added +110	+110 37.8%
89	ORACLE CORP COM ORCL	ORCL	1,324	$194.0k0.03%	0.03%	Added +95	+95 7.7%
90	PROCTER AND GAMBLE CO COM PG	PG	1,287	$188.7k0.03%	0.03%	Added +84	+84 7.0%
91	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	509	$188.3k0.02%	0.02%	Unchanged
92	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	1,501	$175.1k0.02%	0.02%	Added +140	+140 10.3%
93	ISHARES TR IBONDS DEC 28 IBMQ	IBMQ	6,761	$172.9k0.02%	0.02%	Added +716	+716 11.8%
94	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	86	$171.1k0.02%	0.02%	Unchanged
95	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	602	$169.3k0.02%	0.02%	Added +75	+75 14.2%
96	INVESCO EXCH TRD SLF IDX FD RAFI STRATGIC US IUS	IUS	2,553	$167.4k0.02%	0.02%	Unchanged
97	SMURFIT WESTROCK PLC SHS SW	SW	3,575	$165.4k0.02%	0.02%	Added +19	+19 0.5%
98	ABBVIE INC COM ABBV	ABBV	654	$164.6k0.02%	0.02%	Added +85	+85 14.9%
99	WASTE MGMT INC DEL COM WM	WM	729	$162.6k0.02%	0.02%	Added +9	+9 1.2%
100	SEMPRA COM SRE	SRE	1,747	$162.0k0.02%	0.02%	Added +39	+39 2.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
EXXON MOBIL CORP XOM	XOM	3,749	$636.1k3.7k shares
J P MORGAN EXCHANGE TRADED F JMTG	JMTG	1,223	$62.4k1.2k shares
RIGEL PHARMACEUTICALS INC		1,600	$43.3k1.6k shares
FIDELITY COVINGTON TRUST FFLG	FFLG	682	$19.0k682 shares
FIDELITY COVINGTON TRUST FQAL	FQAL	258	$18.7k258 shares
GLOBAL X FDS PAVE	PAVE	309	$15.7k309 shares
ENVIRI CORP		717	$14.1k717 shares
HONEYWELL INTL INC		26	$12.0k26 shares
FIDELITY COVINGTON TRUST FUTY	FUTY	166	$9.8k166 shares
FIRST TR EXCHNG TRADED FD VI DLFE	DLFE	270	$7.9k270 shares
DUPONT DE NEMOURS INC DWDP	DWDP	50	$6.9k50 shares
CARNIVAL CORP		232	$6.0k232 shares
FIRST TR EXCHANGE-TRADED FD MISL	MISL	83	$3.7k83 shares
HOLOGIC INC HOLX	HOLX	27	$2.0k27 shares
TELUS CORPORATION TU	TU	154	$2.0k154 shares
DIAGEO PLC DEO	DEO	24	$1.8k24 shares
BIO-TECHNE CORP TECH	TECH	32	$1.7k32 shares
MASIMO CORP MASI	MASI	7	$1.2k7 shares
VONTIER CORPORATION VNT	VNT	33	$1.2k33 shares
HENRY JACK & ASSOC INC JKHY	JKHY	7	$1.1k7 shares
BANK FIRST CORPORATION COM		8	$1.1k8 shares
AMICUS THERAPEUTICS INC FOLD	FOLD	52	$75252 shares
PTC INC PTC	PTC	5	$7125 shares
CRA INTL INC CRAI	CRAI	4	$6484 shares
ARCELLX INC ACLX	ACLX	5	$5745 shares