Baltimore-Washington Financial Advisors, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Baltimore-Washington Financial Advisors, Inc. reported 151 stock positions worth $1.9 billion. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 5.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.9%) and Invesco S&P 500 Equal Weight (RSP, 3.2%). Compared with Q4 2024, it opened 10 new positions, sold out of 9, added to 71 and reduced 53. The biggest buy was Fortinet (FTNT, shares +121%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Columbia, MD
- CIK
- 0001555486
- Portfolio Value
- $1.9B (Q1 2025)
- SEC Filing
- 0001172661-25-001887 ↗ filed May 14, 2025
Holdings Value
Holdings 151 stocks · $1.9B
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 5.34% | 385,735 | $99.1M | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 4.85% | 192,209 | $90.1M | Add +1.1% |
| RSP Invesco S&P 500 Equal Weight | 3.16% | 338,525 | $58.6M | Add +0.3% |
| VIG Vanguard Dividend Apprec ETF | 3.06% | 292,777 | $56.8M | Add +1.0% |
| NVDA Nvidia Corp. | 2.93% | 502,963 | $54.5M | Reduce -0.8% |
| AAPL Apple Inc. | 2.60% | 217,893 | $48.4M | Add +1.0% |
| LGLV SPDR US LC Low Vol Idx | 2.58% | 275,611 | $48.0M | Reduce -0.0% |
| MSFT Microsoft Corp. | 2.55% | 126,174 | $47.4M | Add +1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.39% | 257,559 | $44.5M | Add +1.8% |
| IVV iShares Core S&P 500 ETF | 2.39% | 79,168 | $44.5M | Add +3.5% |
| VONG Vanguard Russell 1000 Growth | 2.37% | 475,234 | $44.1M | Reduce -1.7% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 2.35% | 642,863 | $43.7M | Add +4.1% |
| AMZN Amazon.com Inc. | 2.31% | 225,962 | $43.0M | Add +1.8% |
| VYM Vanguard High DVD Yield ETF | 2.29% | 329,589 | $42.5M | Add +2.4% |
| COST Costco Wholesale Corp. | 2.10% | 41,231 | $39.0M | Add +1.6% |
| RSPT Invesco S&P 500 Equal Weight | 2.06% | 1,120,870 | $38.3M | Add +4.7% |
| XLV SS Health Care Select Sector | 1.84% | 233,982 | $34.2M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 1.81% | 215,538 | $33.7M | Add +0.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.76% | 407,277 | $32.7M | Add +1.8% |
| V Visa Inc. Class A | 1.69% | 89,855 | $31.5M | Add +1.6% |
| IYG iShares U.S. Financial Servi | 1.68% | 396,609 | $31.2M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.63% | 57,017 | $30.4M | Add +4.0% |
| META Meta Platforms Inc. Class A | 1.61% | 51,930 | $29.9M | Add +1.9% |
| JPM JPMorgan Chase & Co. | 1.57% | 118,905 | $29.2M | Add +2.2% |
| BX Blackstone Inc. | 1.55% | 205,404 | $28.7M | Add +1.7% |
| SYK Stryker Corp. | 1.40% | 69,659 | $25.9M | Add +2.3% |
| UBER Uber Technologies Inc. | 1.39% | 355,547 | $25.9M | Add +4.1% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 1.34% | 1,065,811 | $24.9M | Add +15.5% |
| BKNG Booking Holdings Inc. | 1.33% | 5,363 | $24.7M | Add +1.5% |
| CMG Chipotle Mexican Grill Inc. | 1.24% | 457,758 | $23.0M | Add +2.8% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.22% | 900,351 | $22.7M | Add +5.9% |
| VOO Vanguard S&P 500 ETF | 1.21% | 43,734 | $22.5M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.21% | 40,082 | $22.4M | Reduce -1.1% |
| ICE Intercontinental Exchange Inc. | 1.20% | 129,131 | $22.3M | Add +1.0% |
| SDY SS SPDR S&P Dividend ETF | 1.19% | 162,558 | $22.1M | Add +3.3% |
| EFIV SS SPDR S&P 500 ESG ETF | 1.09% | 378,593 | $20.3M | Reduce -0.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.02% | 54,860 | $18.9M | Add +6.0% |
| MAR Marriott International Class A | 1.01% | 78,517 | $18.7M | Add +2.5% |
| HD Home Depot Inc. | 1.01% | 50,990 | $18.7M | Add +2.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.95% | 68,551 | $17.7M | Add +0.6% |
| ANET Arista Networks Inc. | 0.95% | 228,244 | $17.7M | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.90% | 45,083 | $16.7M | Add +8.4% |
| MMTM SS SPDR S&P 1500 Mom Tilt | 0.81% | 62,467 | $15.0M | Add +5.4% |
| BLK BlackRock Inc. | 0.79% | 15,441 | $14.6M | Add +2.6% |
| IJT iShares S&P Small-Cap 600 GR | 0.76% | 113,259 | $14.1M | Reduce -0.1% |
| RCL Royal Caribbean Cruises Ltd. | 0.76% | 68,488 | $14.1M | Reduce -0.4% |
| FTNT Fortinet Inc. | 0.76% | 145,916 | $14.0M | Add +120.9% |
| IBTI iShares Ibonds Dec 2028 Term | 0.72% | 600,982 | $13.4M | Add +11.8% |
| UNH Unitedhealth Group Inc. | 0.71% | 25,193 | $13.2M | Reduce -2.2% |
| CPRT Copart Inc. | 0.69% | 225,395 | $12.8M | Add +1.6% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.68% | 286,337 | $12.6M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 0.64% | 65,697 | $11.8M | Reduce -2.8% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.61% | 489,863 | $11.4M | Add +13.4% |
| IWY iShares Russell Top 200 Grow | 0.60% | 53,027 | $11.2M | Add +3.3% |
| IBTG iShares Ibonds Dec 2026 Term | 0.60% | 482,608 | $11.1M | Add +7.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.57% | 56,744 | $10.6M | Reduce -0.4% |
| ARCC Ares Capital Corp. | 0.55% | 462,684 | $10.3M | Add +3.7% |
| IBTF iShares Ibonds Dec 2025 Term | 0.53% | 424,378 | $9.9M | Add +4.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.53% | 162,589 | $9.9M | Reduce -0.1% |
| IJR iShares Core S&P Small-Cap E | 0.51% | 90,202 | $9.4M | Add +0.9% |
| DGT SS SPDR Global Dow ETF | 0.50% | 66,517 | $9.3M | Add +0.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.49% | 138,510 | $9.1M | Reduce -1.3% |
| IGRO iShares Intl Div Growth ETF | 0.49% | 124,561 | $9.0M | Add +1.7% |
| CRM Salesforce Inc. | 0.47% | 32,310 | $8.7M | Add +3.7% |
| SHOP Shopify Inc. Class A | 0.44% | 86,462 | $8.3M | Add +2.3% |
| SO The Southern Co. | 0.44% | 89,530 | $8.2M | Add +4.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 23,113 | $8.1M | Add +415.1% |
| IDEV iShares Core MSCI Dev MKTS | 0.41% | 110,975 | $7.6M | Reduce -0.4% |
| IWR iShares Russell Mid-Cap ETF | 0.39% | 84,318 | $7.2M | Reduce -0.4% |
| SOFI Sofi Technologies Inc. | 0.38% | 604,931 | $7.0M | Add +2.0% |
| GOOGL Alphabet Inc. Class A | 0.37% | 44,935 | $6.9M | Add +0.8% |
| AVGO Broadcom Inc. | 0.34% | 37,488 | $6.3M | Add +1735.0% |
| KKR KKR & Co. Inc. | 0.28% | 45,449 | $5.3M | New |
| IWM iShares Russell 2000 ETF | 0.25% | 23,353 | $4.7M | Add +3.3% |
| RACE Ferrari NV | 0.25% | 10,774 | $4.6M | Add +3.5% |
| MDY State Street SPDR S&P Midcap | 0.14% | 4,728 | $2.5M | Reduce -5.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 5,646 | $1.6M | Add +30.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.08% | 28,551 | $1.5M | Reduce -3.0% |
| XOM Exxon Mobil Corp. | 0.07% | 11,367 | $1.4M | Reduce -0.7% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.07% | 16,713 | $1.3M | No change |
| TY Tri-Continental Corp. | 0.07% | 40,804 | $1.3M | Reduce -28.6% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 0.07% | 53,631 | $1.2M | Add +205.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.06% | 31,752 | $1.2M | Reduce -13.3% |
| IWF iShares Russell 1000 Growth | 0.06% | 3,150 | $1.1M | Reduce -1.4% |
| IWS iShares Russell Mid-Cap Valu | 0.05% | 7,494 | $944K | Add +0.8% |
| IBB iShares Biotechnology ETF | 0.05% | 6,815 | $872K | Reduce -6.0% |
| TSLA Tesla Inc. | 0.05% | 3,275 | $849K | Reduce -13.2% |
| PSCT Invesco S&P Smallcap Informa | 0.04% | 20,569 | $824K | No change |
| SPSM SS SPDR P S&P 600 Small Cap | 0.04% | 20,117 | $820K | Reduce -0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.04% | 1,915 | $804K | New |
| PGR Progressive Corp. | 0.04% | 2,556 | $723K | New |
| DKNG Draftkings Inc. Class A | 0.04% | 21,610 | $718K | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.04% | 849 | $701K | Add +2.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.04% | 6,869 | $678K | Reduce -0.5% |
| D Dominion Energy Inc. | 0.04% | 11,611 | $651K | Reduce -0.2% |
| XSORX Source Capital Inc. | 0.03% | 14,955 | $621K | No change |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.03% | 6,178 | $513K | Reduce -0.7% |
| UNP Union Pacific Corp. | 0.03% | 2,153 | $509K | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 0.03% | 928 | $503K | Add +5.3% |
| CEG Constellation Energy | 0.03% | 2,457 | $495K | Reduce -0.2% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $26.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | 632,647 | $15.3M | Add +15.8% |
| IBDQ iShares Ibonds Dec 2025 Term | IBONDS DEC25 ETF · principal | 452,364 | $11.4M | Add +6.3% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 11,000 | $11K | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -0.8% | 2.93% | −0.61 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.59 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.59 |
| ANET Arista Networks Inc. | Reduce -0.9% | 0.95% | −0.37 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.34 |
| LH Labcorp Holdings Inc. | Reduce -95.8% | 0.01% | −0.25 |
| VONG Vanguard Russell 1000 Growth | Reduce -1.7% | 2.37% | −0.22 |
| ONON On Holding AG Class A | Reduce -0.1% | 0.68% | −0.14 |
| PINS Pinterest Inc. Class A | Reduce -89.3% | 0.02% | −0.12 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -0.4% | 0.76% | −0.07 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.1% | 0.76% | −0.04 |
| TSLA Tesla Inc. | Reduce -13.2% | 0.05% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.1% | 1.21% | −0.03 |
| EFIV SS SPDR S&P 500 ESG ETF | Reduce -0.5% | 1.09% | −0.03 |
| TY Tri-Continental Corp. | Reduce -28.6% | 0.07% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -2.8% | 0.64% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -0.3% | 1.21% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.4% | 0.57% | −0.02 |
| TTD Trade Desk Inc./the Class A | Reduce -0.4% | 0.01% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -1.3% | 0.49% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -5.2% | 0.14% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.01 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.01 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.01 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.01 |
| BA The Boeing Co. | Sold out | 0.00% | −0.01 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -36.1% | 0.01% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -1.4% | 0.06% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -15.9% | 0.02% | −0.00 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.04% | −0.00 |
| DKNG Draftkings Inc. Class A | Reduce -0.1% | 0.04% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.4% | 0.39% | −0.00 |
| IBB iShares Biotechnology ETF | Reduce -6.0% | 0.05% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.1% | 0.04% | −0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -13.3% | 0.06% | −0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -11.4% | 0.02% | −0.00 |
| CEG Constellation Energy | Reduce -0.2% | 0.03% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -2.3% | 0.02% | −0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -0.7% | 0.03% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -11.6% | 0.02% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -5.2% | 0.01% | −0.00 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.6% | 0.02% | −0.00 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.01% | −0.00 |
| WMT Walmart Inc. | Reduce -0.9% | 0.02% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -4.2% | 0.02% | +0.00 |
| NFLX Netflix Inc. | Reduce -6.3% | 0.01% | +0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -3.0% | 0.08% | +0.00 |
| XLE SS Energy Select Sector | Reduce -9.3% | 0.02% | +0.00 |
| FAN First Trust Global Wind Ener | Reduce -0.3% | 0.01% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| FTNT Fortinet Inc. | Add +120.9% | 0.76% | +0.43 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +415.1% | 0.44% | +0.36 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 1.63% | +0.34 |
| UBER Uber Technologies Inc. | Add +4.1% | 1.39% | +0.32 |
| AVGO Broadcom Inc. | Add +1735.0% | 0.34% | +0.31 |
| KKR KKR & Co. Inc. | New | 0.28% | +0.28 |
| AJG Arthur J Gallagher & Co. | Add +6.0% | 1.02% | +0.26 |
| V Visa Inc. Class A | Add +1.6% | 1.69% | +0.24 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +15.5% | 1.34% | +0.22 |
| ICE Intercontinental Exchange Inc. | Add +1.0% | 1.20% | +0.21 |
| XLV SS Health Care Select Sector | Add +0.9% | 1.84% | +0.18 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.8% | 2.39% | +0.17 |
| COST Costco Wholesale Corp. | Add +1.6% | 2.10% | +0.17 |
| VYM Vanguard High DVD Yield ETF | Add +2.4% | 2.29% | +0.15 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +5.9% | 1.22% | +0.12 |
| SYK Stryker Corp. | Add +2.3% | 1.40% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +2.2% | 1.57% | +0.12 |
| IBTI iShares Ibonds Dec 2028 Term | Add +11.8% | 0.72% | +0.11 |
| SDY SS SPDR S&P Dividend ETF | Add +3.3% | 1.19% | +0.11 |
| VIG Vanguard Dividend Apprec ETF | Add +1.0% | 3.06% | +0.10 |
| IYG iShares U.S. Financial Servi | Add +1.8% | 1.68% | +0.10 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +13.4% | 0.61% | +0.09 |
| RSP Invesco S&P 500 Equal Weight | Add +0.3% | 3.16% | +0.08 |
| SO The Southern Co. | Add +4.6% | 0.44% | +0.08 |
| IBTG iShares Ibonds Dec 2026 Term | Add +7.8% | 0.60% | +0.06 |
| META Meta Platforms Inc. Class A | Add +1.9% | 1.61% | +0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +4.1% | 2.35% | +0.06 |
| IGRO iShares Intl Div Growth ETF | Add +1.7% | 0.49% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +3.5% | 2.39% | +0.05 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +205.4% | 0.07% | +0.05 |
| DGT SS SPDR Global Dow ETF | Add +0.2% | 0.50% | +0.04 |
| ARCC Ares Capital Corp. | Add +3.7% | 0.55% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.04% | +0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Add +4.3% | 0.53% | +0.04 |
| PGR Progressive Corp. | New | 0.04% | +0.04 |
| CPRT Copart Inc. | Add +1.6% | 0.69% | +0.02 |
| TJX TJX Companies Inc. | New | 0.02% | +0.02 |
| BND Vanguard Total Bond Market | New | 0.02% | +0.02 |
| IBHI iShares Ibonds 2029 TM HY Inc. | New | 0.02% | +0.02 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.02% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +30.2% | 0.08% | +0.02 |
| RACE Ferrari NV | Add +3.5% | 0.25% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.6% | 0.95% | +0.02 |
| ABBV Abbvie Inc. | New | 0.02% | +0.02 |
| RKLB Rocket Lab USA Inc. | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +8.4% | 0.90% | +0.01 |
| VEA Vanguard Ftse Developed ETF | New | 0.01% | +0.01 |
| MMTM SS SPDR S&P 1500 Mom Tilt | Add +5.4% | 0.81% | +0.01 |
| LUNR Intuitive Machines Inc. | Add +243.5% | 0.01% | +0.00 |
| IBM Intl Business Machines Corp. | Add +12.8% | 0.02% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | Add +15.8% | 632,647 | $15.3M |
| IBDQ iShares Ibonds Dec 2025 Term | IBONDS DEC25 ETF · principal | Add +6.3% | 452,364 | $11.4M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 204 | $2.7B | VV, QQQ, RSPT, NVDA, IVV |
| Q1 2026 | 185 | $2.3B | VV, QQQ, NVDA, RSPT, VIG |
| Q4 2025 | 187 | $2.4B | VV, QQQ, NVDA, RSPT, VIG |
| Q3 2025 | 177 | $2.3B | VV, QQQ, NVDA, MSFT, IVV |
| Q2 2025 | 171 | $2.1B | VV, QQQ, NVDA, MSFT, VIG |
| Q1 2025 | 151 | $1.9B | VV, QQQ, RSP, VIG, NVDA |
| Q4 2024 | 150 | $1.9B | VV, QQQ, NVDA, RSP, VIG |
| Q3 2024 | 145 | $1.8B | VV, QQQ, NVDA, RSP, VIG |
| Q2 2024 | 136 | $1.7B | VV, QQQ, NVDA, RSP, MSFT |
| Q1 2024 | 122 | $1.6B | VV, QQQ, RSP, MSFT, VIG |