# EDGAR Filing Document

**Accession Number:** 0002011247
**File Stem:** 0001172661-26-000646
**Filing Date:** 2026-2
**Character Count:** 15118
**Document Hash:** 25e102a99ff2e8a0b879e09386b9410a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-000646.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001172661-26-000646

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NDVR, Inc.
- **CENTRAL INDEX KEY:** 0002011247

**ORGANIZATION NAME:**
- **EIN:** 814159758
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23650
- **FILM NUMBER:** 26623255

**BUSINESS ADDRESS:**
- **STREET 1:** 75 STATE STREET
- **STREET 2:** SUITE 100
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 857-326-6992

**MAIL ADDRESS:**
- **STREET 1:** 75 STATE STREET
- **STREET 2:** SUITE 100
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** NDVR Inc.<br>**Address:** 75 State Street<br>Suite 100<br>Boston, MA 02109

**Form 13F File Number:** 028-23650

**CRD Number (if applicable):** 000310602

**SEC File Number (if applicable):** 801-120289

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Amber Baker<br>**Title:** Chief Compliance Officer<br>**Phone:** 857-326-6992

**Signature, Place, and Date of Signing:**

/s/ Amber Baker  Boston, MA  02-09-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 121

**Form 13F Information Table Value Total:** $120519866

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 520729 | 2279 | SH |  | SOLE |  | 0 | 0 | 2279 |
| ADT INC DEL | COM | 00090Q103 |  | 204833 | 25382 | SH |  | SOLE |  | 0 | 0 | 25382 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 239430 | 2314 | SH |  | SOLE |  | 0 | 0 | 2314 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 201185 | 2055 | SH |  | SOLE |  | 0 | 0 | 2055 |
| ALLSTATE CORP | COM | 020002101 |  | 301401 | 1448 | SH |  | SOLE |  | 0 | 0 | 1448 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1467657 | 4689 | SH |  | SOLE |  | 0 | 0 | 4689 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1256455 | 4004 | SH |  | SOLE |  | 0 | 0 | 4004 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 214726 | 3724 | SH |  | SOLE |  | 0 | 0 | 3724 |
| AMAZON COM INC | COM | 023135106 |  | 5855211 | 25367 | SH |  | SOLE |  | 0 | 0 | 25367 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 329256 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| APPLE INC | COM | 037833100 |  | 3021180 | 11113 | SH |  | SOLE |  | 0 | 0 | 11113 |
| ASSURANT INC | COM | 04621X108 |  | 263972 | 1096 | SH |  | SOLE |  | 0 | 0 | 1096 |
| AT INC | COM | 00206R102 |  | 329652 | 13271 | SH |  | SOLE |  | 0 | 0 | 13271 |
| BANK AMERICA CORP | COM | 060505104 |  | 270105 | 4911 | SH |  | SOLE |  | 0 | 0 | 4911 |
| BERKLEY W R CORP | COM | 084423102 |  | 298431 | 4256 | SH |  | SOLE |  | 0 | 0 | 4256 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 478523 | 952 | SH |  | SOLE |  | 0 | 0 | 952 |
| BORGWARNER INC | COM | 099724106 |  | 240035 | 5327 | SH |  | SOLE |  | 0 | 0 | 5327 |
| BOYD GAMING CORP | COM | 103304101 |  | 224352 | 2632 | SH |  | SOLE |  | 0 | 0 | 2632 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 250551 | 4645 | SH |  | SOLE |  | 0 | 0 | 4645 |
| BROADCOM INC | COM | 11135F101 |  | 1125171 | 3251 | SH |  | SOLE |  | 0 | 0 | 3251 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 247861 | 3115 | SH |  | SOLE |  | 0 | 0 | 3115 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 365379 | 1778 | SH |  | SOLE |  | 0 | 0 | 1778 |
| CENCORA INC | COM | 03073E105 |  | 340452 | 1008 | SH |  | SOLE |  | 0 | 0 | 1008 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 204313 | 1251 | SH |  | SOLE |  | 0 | 0 | 1251 |
| CISCO SYS INC | COM | 17275R102 |  | 241335 | 3133 | SH |  | SOLE |  | 0 | 0 | 3133 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 232475 | 6627 | SH |  | SOLE |  | 0 | 0 | 6627 |
| CNA FINL CORP | COM | 126117100 |  | 231730 | 4854 | SH |  | SOLE |  | 0 | 0 | 4854 |
| COCA COLA CONS INC | COM | 191098102 |  | 301388 | 1966 | SH |  | SOLE |  | 0 | 0 | 1966 |
| CROWN HLDGS INC | COM | 228368106 |  | 241980 | 2350 | SH |  | SOLE |  | 0 | 0 | 2350 |
| CSG SYS INTL INC | COM | 126349109 |  | 287971 | 3755 | SH |  | SOLE |  | 0 | 0 | 3755 |
| DILLARDS INC | CL A | 254067101 |  | 206762 | 341 | SH |  | SOLE |  | 0 | 0 | 341 |
| DOLLAR TREE INC | COM | 256746108 |  | 304942 | 2479 | SH |  | SOLE |  | 0 | 0 | 2479 |
| ELI LILLY  CO | COM | 532457108 |  | 543788 | 506 | SH |  | SOLE |  | 0 | 0 | 506 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 253893 | 415 | SH |  | SOLE |  | 0 | 0 | 415 |
| ENOVA INTL INC | COM | 29357K103 |  | 243031 | 1546 | SH |  | SOLE |  | 0 | 0 | 1546 |
| EPAM SYS INC | COM | 29414B104 |  | 819520 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| EXELIXIS INC | COM | 30161Q104 |  | 321405 | 7333 | SH |  | SOLE |  | 0 | 0 | 7333 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 254129 | 897 | SH |  | SOLE |  | 0 | 0 | 897 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 233052 | 1564 | SH |  | SOLE |  | 0 | 0 | 1564 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 518407 | 4307 | SH |  | SOLE |  | 0 | 0 | 4307 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 304141 | 5841 | SH |  | SOLE |  | 0 | 0 | 5841 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 258484 | 4735 | SH |  | SOLE |  | 0 | 0 | 4735 |
| FOX CORP | CL A COM | 35137L105 |  | 351832 | 4815 | SH |  | SOLE |  | 0 | 0 | 4815 |
| FOX CORP | CL B COM | 35137L204 |  | 334909 | 5158 | SH |  | SOLE |  | 0 | 0 | 5158 |
| FRONTDOOR INC | COM | 35905A109 |  | 286027 | 4958 | SH |  | SOLE |  | 0 | 0 | 4958 |
| GE AEROSPACE | COM NEW | 369604301 |  | 216545 | 703 | SH |  | SOLE |  | 0 | 0 | 703 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 93461 | 10350 | SH |  | SOLE |  | 0 | 0 | 10350 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 373989 | 3047 | SH |  | SOLE |  | 0 | 0 | 3047 |
| GLOBE LIFE INC | COM | 37959E102 |  | 265454 | 1898 | SH |  | SOLE |  | 0 | 0 | 1898 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 256284 | 1541 | SH |  | SOLE |  | 0 | 0 | 1541 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 233989 | 1125 | SH |  | SOLE |  | 0 | 0 | 1125 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 239655 | 3561 | SH |  | SOLE |  | 0 | 0 | 3561 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 257523 | 1409 | SH |  | SOLE |  | 0 | 0 | 1409 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 362827 | 2633 | SH |  | SOLE |  | 0 | 0 | 2633 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 286185 | 613 | SH |  | SOLE |  | 0 | 0 | 613 |
| HCI GROUP INC | COM | 40416E103 |  | 236929 | 1236 | SH |  | SOLE |  | 0 | 0 | 1236 |
| HORACE MANN EDUCATORS CORP N | COM | 440327104 |  | 226328 | 4901 | SH |  | SOLE |  | 0 | 0 | 4901 |
| HUBSPOT INC | COM | 443573100 |  | 9930971 | 24747 | SH |  | SOLE |  | 0 | 0 | 24747 |
| HURON CONSULTING GROUP INC | COM | 447462102 |  | 311238 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| INCYTE CORP | COM | 45337C102 |  | 264802 | 2681 | SH |  | SOLE |  | 0 | 0 | 2681 |
| INTERDIGITAL INC | COM | 45867G101 |  | 311376 | 978 | SH |  | SOLE |  | 0 | 0 | 978 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 260072 | 878 | SH |  | SOLE |  | 0 | 0 | 878 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 357797 | 4408 | SH |  | SOLE |  | 0 | 0 | 4408 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 586091 | 8719 | SH |  | SOLE |  | 0 | 0 | 8719 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 6393604 | 63694 | SH |  | SOLE |  | 0 | 0 | 63694 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1788574 | 19993 | SH |  | SOLE |  | 0 | 0 | 19993 |
| ISHARES TR | CORE S ETF | 464287200 |  | 241099 | 352 | SH |  | SOLE |  | 0 | 0 | 352 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 232751 | 1645 | SH |  | SOLE |  | 0 | 0 | 1645 |
| JABIL INC | COM | 466313103 |  | 229844 | 1008 | SH |  | SOLE |  | 0 | 0 | 1008 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 255997 | 1237 | SH |  | SOLE |  | 0 | 0 | 1237 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 732084 | 2272 | SH |  | SOLE |  | 0 | 0 | 2272 |
| KROGER CO | COM | 501044101 |  | 263041 | 4210 | SH |  | SOLE |  | 0 | 0 | 4210 |
| LAUREATE EDUCATION INC | COMMON STOCK | 518613203 |  | 334814 | 9944 | SH |  | SOLE |  | 0 | 0 | 9944 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 345105 | 1913 | SH |  | SOLE |  | 0 | 0 | 1913 |
| LOEWS CORP | COM | 540424108 |  | 324565 | 3082 | SH |  | SOLE |  | 0 | 0 | 3082 |
| MARKEL GROUP INC | COM | 570535104 |  | 227863 | 106 | SH |  | SOLE |  | 0 | 0 | 106 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 235773 | 413 | SH |  | SOLE |  | 0 | 0 | 413 |
| MCKESSON CORP | COM | 58155Q103 |  | 383896 | 468 | SH |  | SOLE |  | 0 | 0 | 468 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 312561 | 3323 | SH |  | SOLE |  | 0 | 0 | 3323 |
| META PLATFORMS INC | CL A | 30303M102 |  | 965052 | 1462 | SH |  | SOLE |  | 0 | 0 | 1462 |
| METLIFE INC | COM | 59156R108 |  | 200665 | 2542 | SH |  | SOLE |  | 0 | 0 | 2542 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 326124 | 11161 | SH |  | SOLE |  | 0 | 0 | 11161 |
| MICROSOFT CORP | COM | 594918104 |  | 4425607 | 9151 | SH |  | SOLE |  | 0 | 0 | 9151 |
| MONARCH CASINO  RESORT INC | COM | 609027107 |  | 239154 | 2499 | SH |  | SOLE |  | 0 | 0 | 2499 |
| MUELLER INDS INC | COM | 624756102 |  | 324540 | 2827 | SH |  | SOLE |  | 0 | 0 | 2827 |
| NETSCOUT SYS INC | COM | 64115T104 |  | 202517 | 7484 | SH |  | SOLE |  | 0 | 0 | 7484 |
| NEWMARKET CORP | COM | 651587107 |  | 260472 | 379 | SH |  | SOLE |  | 0 | 0 | 379 |
| NEWMONT CORP | COM | 651639106 |  | 341886 | 3424 | SH |  | SOLE |  | 0 | 0 | 3424 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 231477 | 1140 | SH |  | SOLE |  | 0 | 0 | 1140 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3205003 | 17185 | SH |  | SOLE |  | 0 | 0 | 17185 |
| OLD REP INTL CORP | COM | 680223104 |  | 312588 | 6849 | SH |  | SOLE |  | 0 | 0 | 6849 |
| ORACLE CORP | COM | 68389X105 |  | 233697 | 1199 | SH |  | SOLE |  | 0 | 0 | 1199 |
| PJT PARTNERS INC | COM CL A | 69343T107 |  | 237257 | 1419 | SH |  | SOLE |  | 0 | 0 | 1419 |
| PROGRESSIVE CORP | COM | 743315103 |  | 364124 | 1599 | SH |  | SOLE |  | 0 | 0 | 1599 |
| PROGYNY INC | COM | 74340E103 |  | 290646 | 11318 | SH |  | SOLE |  | 0 | 0 | 11318 |
| PROSHARES TR | ULTRAPRO QQQ | 74347X831 |  | 213200 | 4044 | SH |  | SOLE |  | 0 | 0 | 4044 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 329703 | 3300 | SH |  | SOLE |  | 0 | 0 | 3300 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 785675 | 32682 | SH |  | SOLE |  | 0 | 0 | 32682 |
| SIMPLIFY EXCHANGE TRADED FUN | INTMD TERM TRSRY | 82889N798 |  | 216702 | 16052 | SH |  | SOLE |  | 0 | 0 | 16052 |
| SIMPLIFY EXCHANGE TRADED FUN | MANAGED FUTURES | 82889N699 |  | 264749 | 9712 | SH |  | SOLE |  | 0 | 0 | 9712 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 246837 | 3077 | SH |  | SOLE |  | 0 | 0 | 3077 |
| SUPERNUS PHARMACEUTICALS INC | COM | 868459108 |  | 242188 | 4873 | SH |  | SOLE |  | 0 | 0 | 4873 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 280325 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| TESLA INC | COM | 88160R101 |  | 691669 | 1538 | SH |  | SOLE |  | 0 | 0 | 1538 |
| TJX COS INC NEW | COM | 872540109 |  | 411214 | 2677 | SH |  | SOLE |  | 0 | 0 | 2677 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 357644 | 1233 | SH |  | SOLE |  | 0 | 0 | 1233 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 300146 | 616 | SH |  | SOLE |  | 0 | 0 | 616 |
| UNUM GROUP | COM | 91529Y106 |  | 270320 | 3488 | SH |  | SOLE |  | 0 | 0 | 3488 |
| US FOODS HLDG CORP | COM | 912008109 |  | 240045 | 3187 | SH |  | SOLE |  | 0 | 0 | 3187 |
| VALMONT INDS INC | COM | 920253101 |  | 201965 | 502 | SH |  | SOLE |  | 0 | 0 | 502 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 217633 | 4504 | SH |  | SOLE |  | 0 | 0 | 4504 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 288325 | 591 | SH |  | SOLE |  | 0 | 0 | 591 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1848779 | 2948 | SH |  | SOLE |  | 0 | 0 | 2948 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3785198 | 11290 | SH |  | SOLE |  | 0 | 0 | 11290 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 297371 | 1557 | SH |  | SOLE |  | 0 | 0 | 1557 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 9600084 | 178573 | SH |  | SOLE |  | 0 | 0 | 178573 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 28626503 | 458244 | SH |  | SOLE |  | 0 | 0 | 458244 |
| VISA INC | COM CL A | 92826C839 |  | 396653 | 1131 | SH |  | SOLE |  | 0 | 0 | 1131 |
| WALMART INC | COM | 931142103 |  | 909106 | 8160 | SH |  | SOLE |  | 0 | 0 | 8160 |
| WESTERN UN CO | COM | 959802109 |  | 98323 | 10561 | SH |  | SOLE |  | 0 | 0 | 10561 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 4843552 | 56736 | SH |  | SOLE |  | 0 | 0 | 56736 |

---