Black Diamond Financial, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Black Diamond Financial, LLC reported 197 stock positions worth $1.1 billion. Its top holding was Vngrd Mrgstr MG CP VL ETF-Ui (MGV) at 10.9% of the portfolio, followed by Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 8.5%) and Schwab US Large-Cap Value (SCHV, 5.4%). Compared with Q1 2026, it opened 20 new positions, sold out of 7, added to 79 and reduced 71. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +41%) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- TOWSON, MD
- CIK
- 0001759236
- Portfolio Value
- $1.1B (Q2 2026)
- SEC Filing
- 0001759236-26-000004 ↗ filed Aug 4, 2026
Holdings Value
Holdings 197 stocks · $1.1B
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 10.91% | 757,229 | $123.8M | Add +2.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 8.50% | 1,096,819 | $96.4M | Add +5.2% |
| SCHV Schwab US Large-Cap Value | 5.40% | 1,759,449 | $61.2M | Add +24.7% |
| SCHG Schwab US Large-Cap Growth | 5.31% | 1,780,462 | $60.3M | Add +41.3% |
| AGG iShares Core U.S. Aggregate | 4.14% | 474,608 | $47.0M | Add +5.6% |
| SPTI SS SPDR P Int Term TSY ETF | 3.93% | 1,568,643 | $44.5M | Add +5.5% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 3.62% | 149,997 | $41.0M | Add +33.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.05% | 401,654 | $34.6M | Reduce -1.4% |
| SCHF Schwab Intl Equity ETF | 2.89% | 1,184,331 | $32.8M | Add +5.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.44% | 90,277 | $27.7M | Add +8.8% |
| LIND Lindblad Expeditions Holding | 2.39% | 959,964 | $27.1M | Reduce -10.2% |
| FREL Fidelity MSCI RL Est Indx | 2.32% | 897,336 | $26.3M | Add +8.5% |
| IGIB iShares 5-10Y Inv Grade Corp. | 2.07% | 441,318 | $23.5M | Add +5.8% |
| SCHX Schwab US Large-Cap ETF | 2.03% | 783,753 | $23.1M | Reduce -0.5% |
| IMCV iShares Morningstar Mid-Cap | 1.98% | 245,612 | $22.4M | Add +13.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.79% | 54,965 | $20.3M | Add +128.2% |
| SCHO Schwab Short-Term US Treas | 1.75% | 821,997 | $19.8M | Add +13.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.73% | 90,032 | $19.6M | Reduce -0.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.70% | 368,663 | $19.3M | Add +9.1% |
| MUB iShares National Muni Bond E | 1.69% | 177,822 | $19.1M | Add +5.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.67% | 78,049 | $19.0M | Add +5.4% |
| IEMG iShares Core MSCI Emerging | 1.35% | 184,395 | $15.3M | Add +9.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.32% | 186,080 | $15.0M | Add +7.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.18% | 39,003 | $13.4M | Add +103.7% |
| VEA Vanguard Ftse Developed ETF | 1.17% | 185,940 | $13.2M | Add +0.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.16% | 43,280 | $13.1M | Add +21.2% |
| ISCG iShares Morningstar Small-Ca | 1.11% | 192,806 | $12.6M | Add +9.5% |
| SCHM Schwab US Mid Cap ETF | 1.05% | 323,221 | $11.9M | Add +21.1% |
| AAPL Apple Inc. | 0.96% | 37,747 | $10.9M | Add +0.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.93% | 28,893 | $10.6M | Add +13.1% |
| SCHA Schwab US Small-Cap ETF | 0.74% | 232,632 | $8.4M | Reduce -0.7% |
| VOO Vanguard S&P 500 ETF | 0.70% | 11,568 | $7.9M | Reduce -2.2% |
| RSP Invesco S&P 500 Equal Weight | 0.67% | 35,915 | $7.6M | Reduce -8.9% |
| IVV iShares Core S&P 500 ETF | 0.62% | 9,428 | $7.1M | Reduce -5.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.58% | 78,583 | $6.6M | Add +3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 8,548 | $6.4M | Add +45.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.55% | 31,413 | $6.2M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 8,161 | $6.0M | Reduce -5.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.46% | 66,007 | $5.2M | Reduce -3.5% |
| VNQ Vanguard Real Estate ETF | 0.45% | 53,345 | $5.1M | Add +7.6% |
| VYM Vanguard High DVD Yield ETF | 0.44% | 31,375 | $5.0M | Add +192.9% |
| IMCG iShares Morningstar Mid-Cap | 0.37% | 42,962 | $4.2M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.36% | 11,652 | $4.1M | Reduce -0.3% |
| MSFT Microsoft Corp. | 0.35% | 10,753 | $4.0M | Add +1.1% |
| SDY SS SPDR S&P Dividend ETF | 0.34% | 25,615 | $3.9M | Reduce -9.9% |
| NVDA Nvidia Corp. | 0.33% | 18,715 | $3.7M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.30% | 9,639 | $3.4M | Add +4.4% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 23,107 | $3.4M | Add +2.3% |
| AMZN Amazon.com Inc. | 0.29% | 14,034 | $3.3M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.27% | 9,300 | $3.0M | Reduce -0.1% |
| VGT Vanguard Info Tech ETF | 0.27% | 25,363 | $3.0M | Add +2.5% |
| XLK SS Technology Select Sector | 0.27% | 15,884 | $3.0M | Add +4.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 5,421 | $2.7M | Add +2.5% |
| SCHH Schwab US REIT ETF | 0.22% | 105,377 | $2.5M | Add +1.4% |
| VIG Vanguard Dividend Apprec ETF | 0.22% | 10,416 | $2.5M | Reduce -0.4% |
| IJH iShares Core S&P Midcap ETF | 0.21% | 30,161 | $2.3M | Add +307.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.19% | 22,441 | $2.2M | No change |
| CORT Corcept Therapeutics Inc. | 0.19% | 24,198 | $2.1M | Add +236.1% |
| PHYS Sprott Physical Gold Trust | 0.18% | 67,602 | $2.0M | Add +56.5% |
| MA Mastercard Inc. Class A | 0.18% | 3,898 | $2.0M | Reduce -1.3% |
| CAPR Capricor Therapeutics Inc. | 0.17% | 79,077 | $1.9M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.17% | 37,437 | $1.9M | Reduce -17.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.17% | 37,445 | $1.9M | Add +3.6% |
| V Visa Inc. Class A | 0.16% | 5,417 | $1.9M | Reduce -3.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.16% | 18,447 | $1.8M | No change |
| ISCV iShares Morningstar Small-Ca | 0.15% | 21,412 | $1.7M | Add +9.1% |
| GLD SPDR Gold Shares | 0.15% | 4,493 | $1.7M | Add +22.2% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 26,726 | $1.6M | Add +9.4% |
| BAC Bank of America Corp. | 0.13% | 26,610 | $1.5M | Reduce -3.4% |
| SRLN SS Blackstone Sr Loan ETF | 0.13% | 37,376 | $1.5M | No change |
| LLY Eli Lilly & Co. | 0.13% | 1,232 | $1.5M | Reduce -0.9% |
| CEG Constellation Energy | 0.13% | 5,822 | $1.4M | Reduce -0.0% |
| MU Micron Technology Inc. | 0.12% | 1,220 | $1.4M | Reduce -1.5% |
| IWF iShares Russell 1000 Growth | 0.12% | 11,232 | $1.4M | No change |
| CAT Caterpillar Inc. | 0.11% | 1,218 | $1.3M | Add +1.3% |
| VFH Vanguard Financials ETF | 0.10% | 8,973 | $1.2M | Reduce -0.3% |
| BBHL BBH Select Large Cap ETF | 0.10% | 67,548 | $1.2M | No change |
| MCK McKesson Corp. | 0.10% | 1,514 | $1.1M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 0.10% | 2,001 | $1.1M | Reduce -7.7% |
| PWR Quanta Services Inc. | 0.10% | 1,511 | $1.1M | Reduce -8.6% |
| MDY State Street SPDR S&P Midcap | 0.09% | 1,396 | $982K | Add +99.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.08% | 8,703 | $960K | Add +5.5% |
| XOM Exxon Mobil Corp. | 0.08% | 6,895 | $943K | Reduce -0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.08% | 7,852 | $916K | Reduce -3.3% |
| ESGV Vanguard ESG US Stock ETF | 0.07% | 6,120 | $809K | No change |
| HDV iShares Core High Dividend E | 0.07% | 29,325 | $804K | No change |
| KNX Knight-Swift Transportation | 0.07% | 10,312 | $803K | Reduce -0.6% |
| CVX Chevron Corp. | 0.07% | 4,659 | $772K | Add +42.1% |
| COST Costco Wholesale Corp. | 0.07% | 806 | $754K | Reduce -1.7% |
| SPEM State Street SP PTF Em ETF | 0.07% | 14,509 | $751K | Add +1.2% |
| IAU iShares Gold Trust | 0.06% | 9,605 | $725K | No change |
| CSX CSX Corp. | 0.06% | 15,211 | $723K | Add +0.4% |
| PSLV Sprott Physical Silver Trust | 0.06% | 38,137 | $720K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.06% | 6,022 | $717K | Add +1.0% |
| EXC Exelon Corp. | 0.06% | 15,146 | $706K | Reduce -0.2% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.06% | 7,774 | $682K | Reduce -3.0% |
| WMT Walmart Inc. | 0.06% | 5,947 | $674K | Add +3.7% |
| PL Planet Labs PBC | 0.06% | 20,274 | $672K | Reduce -73.8% |
| SCHB Schwab US Broad Market ETF | 0.06% | 22,994 | $666K | Add +1.0% |
| VONG Vanguard Russell 1000 Growth | 0.06% | 5,204 | $665K | Add +4.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $230 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 11,500 | $230 | No change |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q1 2026 → Q2 2026
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.0% | 1.73% | −0.20 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.4% | 3.05% | −0.18 |
| PL Planet Labs PBC | Reduce -73.8% | 0.06% | −0.18 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.5% | 2.03% | −0.17 |
| RSP Invesco S&P 500 Equal Weight | Reduce -8.9% | 0.67% | −0.15 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.5% | 0.46% | −0.13 |
| SDY SS SPDR S&P Dividend ETF | Reduce -9.9% | 0.34% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -5.6% | 0.62% | −0.09 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -17.6% | 0.17% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -2.2% | 0.70% | −0.07 |
| CEG Constellation Energy | Reduce -0.0% | 0.13% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -3.3% | 0.08% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 0.08% | −0.05 |
| MCK McKesson Corp. | Reduce -1.8% | 0.10% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -1.3% | 0.18% | −0.04 |
| NVDA Nvidia Corp. | Reduce -3.4% | 0.33% | −0.04 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -7.7% | 0.10% | −0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -29.4% | 0.06% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 0.27% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.4% | 0.22% | −0.03 |
| ROST Ross Stores Inc. | Reduce -47.4% | 0.02% | −0.03 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.02 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 0.07% | −0.02 |
| V Visa Inc. Class A | Reduce -3.1% | 0.16% | −0.02 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -3.0% | 0.06% | −0.02 |
| EXC Exelon Corp. | Reduce -0.2% | 0.06% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -27.9% | 0.02% | −0.02 |
| RTX RTX Corp. | Reduce -8.3% | 0.05% | −0.02 |
| VTIP Vanguard Short-Term Tips | Reduce -8.7% | 0.05% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.9% | 0.53% | −0.02 |
| SYK Stryker Corp. | Reduce -1.3% | 0.05% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -2.7% | 0.04% | −0.02 |
| VFH Vanguard Financials ETF | Reduce -0.3% | 0.10% | −0.01 |
| BAC Bank of America Corp. | Reduce -3.4% | 0.13% | −0.01 |
| AVGO Broadcom Inc. | Reduce -40.2% | 0.02% | −0.01 |
| SLV iShares Silver Trust | Reduce -1.1% | 0.02% | −0.01 |
| BLK BlackRock Inc. | Reduce -10.3% | 0.03% | −0.01 |
| HD Home Depot Inc. | Reduce -7.9% | 0.04% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Reduce -0.6% | 0.02% | −0.01 |
| PLD Prologis Inc. | Reduce -0.2% | 0.05% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -4.4% | 0.04% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -6.4% | 0.03% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -0.1% | 0.04% | −0.01 |
| XLF SS Financial Select Sector | Reduce -7.0% | 0.03% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -1.8% | 0.03% | −0.01 |
| AXP American Express Co. | Reduce -6.8% | 0.03% | −0.01 |
| ILPT Industrial Logistics Propert | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| SCHG Schwab US Large-Cap Growth | Add +41.3% | 5.31% | +1.31 |
| VTI VG Morningstar TS MKT ETF-US | Add +128.2% | 1.79% | +0.95 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +33.8% | 3.62% | +0.73 |
| SCHV Schwab US Large-Cap Value | Add +24.7% | 5.40% | +0.70 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +103.7% | 1.18% | +0.56 |
| VYM Vanguard High DVD Yield ETF | Add +192.9% | 0.44% | +0.26 |
| CORT Corcept Therapeutics Inc. | Add +236.1% | 0.19% | +0.15 |
| IJH iShares Core S&P Midcap ETF | Add +307.4% | 0.21% | +0.15 |
| SCHM Schwab US Mid Cap ETF | Add +21.1% | 1.05% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +45.4% | 0.56% | +0.15 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.2% | 8.50% | +0.14 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +21.2% | 1.16% | +0.14 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +8.8% | 2.44% | +0.11 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +13.1% | 0.93% | +0.09 |
| IEMG iShares Core MSCI Emerging | Add +9.6% | 1.35% | +0.07 |
| ISCG iShares Morningstar Small-Ca | Add +9.5% | 1.11% | +0.06 |
| XLK SS Technology Select Sector | Add +4.7% | 0.27% | +0.05 |
| TROW T Rowe Price Group Inc. | New | 0.04% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +99.4% | 0.09% | +0.04 |
| TBN Tamboran Resources Corp. | New | 0.04% | +0.04 |
| VGSH Vanguard Short-Term Treasury | New | 0.03% | +0.03 |
| STX Seagate Technology Holdings | New | 0.03% | +0.03 |
| VGT Vanguard Info Tech ETF | Add +2.5% | 0.27% | +0.03 |
| C Citigroup Inc. | New | 0.03% | +0.03 |
| VCIT Vanguard Int-Term Corporate | New | 0.03% | +0.03 |
| PM Philip Morris International | New | 0.03% | +0.03 |
| BND Vanguard Total Bond Market | Add +119.5% | 0.06% | +0.02 |
| SCHD Schwab US DVD Equity ETF | New | 0.02% | +0.02 |
| IWN iShares Russell 2000 Value E | New | 0.02% | +0.02 |
| GLW Corning Inc. | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | Add +1.3% | 0.11% | +0.02 |
| PNC PNC Financial Services Group | New | 0.02% | +0.02 |
| ALRM Alarm.com Holdings Inc. | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | New | 0.02% | +0.02 |
| IWO iShares Russell 2000 Growth | New | 0.02% | +0.02 |
| QCOM Qualcomm Inc. | New | 0.02% | +0.02 |
| NUE Nucor Corp. | New | 0.02% | +0.02 |
| EFA iShares MSCI Eafe ETF | New | 0.02% | +0.02 |
| FCNCA First Citizens Bcshs Class A | New | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +4.4% | 0.30% | +0.01 |
| PHYS Sprott Physical Gold Trust | Add +56.5% | 0.18% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +31.0% | 0.03% | +0.01 |
| IMCG iShares Morningstar Mid-Cap | Add +0.9% | 0.37% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +14.7% | 0.04% | +0.00 |
| IBM Intl Business Machines Corp. | Add +26.0% | 0.03% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +16.4% | 0.03% | +0.00 |
| ABBV Abbvie Inc. | Add +7.5% | 0.04% | +0.00 |
| TPHD Timothy Plan High DVD STCK | Add +21.2% | 0.02% | 0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 197 | $1.1B | MGV, MGK, SCHV, SCHG, AGG |
| Q1 2026 | 184 | $916.5M | MGV, MGK, AGG, SCHV, SPTI |
| Q4 2025 | 175 | $948.6M | MGV, MGK, VUG, AGG, SPTI |
| Q3 2025 | 160 | $892.5M | MGV, MGK, VUG, AGG, SPTI |
| Q2 2025 | 143 | $643.9M | MGV, MGK, AGG, SPTI, SCHV |
| Q1 2025 | 145 | $665.9M | MGV, MGK, AGG, SPTI, SCHV |
| Q4 2024 | 145 | $667.3M | MGV, MGK, AGG, SPTI, SCHV |
| Q3 2024 | 144 | $589.1M | MGV, MGK, SCHV, AGG, SPTI |
| Q2 2024 | 138 | $517.9M | MGV, MGK, SCHV, MGC, AGG |
| Q1 2024 | 114 | $370.0M | MGV, MGK, SCHV, MGC, SCHX |