Financial Consulate, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), Financial Consulate, Inc. reported 40 stock positions worth $338.4 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 21.3% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 15.0%) and Schwab Fndmntl US BRD Mr ETF (FNDB, 10.7%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 19 and reduced 11. The biggest buy was a new position in Franklin U.S. Mid Cap Multif (FLQM) and the biggest sale Schwab US Mid Cap ETF (SCHM, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001624510
- Portfolio Value
- $338.4M (Q1 2024)
- SEC Filing
- 0001624510-24-000003 ↗ filed Apr 23, 2024
Holdings Value
Holdings 40 stocks · $338.4M
| SCHX Schwab US Large-Cap ETF | 21.26% | 1,159,005 | $71.9M | Add +4.0% |
| SCHF Schwab Intl Equity ETF | 14.95% | 1,296,883 | $50.6M | Add +1.0% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 10.70% | 546,597 | $36.2M | Add +0.8% |
| DUHP Dimensional US High Profi Et | 9.36% | 1,002,346 | $31.7M | Add +1.2% |
| MFDX PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 9.18% | 1,011,526 | $31.1M | Add +7.6% |
| SCHD Schwab US DVD Equity ETF | 6.13% | 257,268 | $20.7M | Add +0.8% |
| VTIP Vanguard Short-Term Tips | 5.62% | 396,823 | $19.0M | Add +4.9% |
| TCAF T Rowe PRC Cap Appreciation | 4.71% | 526,692 | $15.9M | Add +12.3% |
| FLQM Franklin U.S. Mid Cap Multif | 4.36% | 275,661 | $14.7M | New |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.40% | 93,259 | $8.1M | Add +6.8% |
| GMF State Street SPDR S&P Emergi | 2.27% | 74,117 | $7.7M | Add +9.9% |
| SCHC Schwab Intl Small-Cap Equity | 1.69% | 159,399 | $5.7M | Add +1.8% |
| SCHB Schwab US Broad Market ETF | 0.76% | 42,339 | $2.6M | Reduce -10.0% |
| IVV iShares Core S&P 500 ETF | 0.73% | 4,714 | $2.5M | Reduce -8.6% |
| SPGM State Street SPDR Portfolio | 0.68% | 38,656 | $2.3M | Add +5.9% |
| SCHR Schwab Intermediate-Term US | 0.67% | 46,179 | $2.3M | Reduce -1.9% |
| TURN 180 Degree Capital Corp. | 0.57% | 450,747 | $1.9M | Reduce -0.2% |
| ITOT iShares Core S&P Total U.S. | 0.39% | 11,427 | $1.3M | No change |
| UPS United Parcel Service Class B | 0.38% | 8,549 | $1.3M | New |
| CWI State Street SPDR MSCI Acwi | 0.32% | 38,614 | $1.1M | Reduce -1.7% |
| AGG iShares Core U.S. Aggregate | 0.30% | 10,326 | $1.0M | Reduce -7.2% |
| VOO Vanguard S&P 500 ETF | 0.29% | 2,060 | $990K | Add +6.2% |
| VGT Vanguard Info Tech ETF | 0.23% | 1,454 | $762K | Reduce -2.7% |
| IJT iShares S&P Small-Cap 600 GR | 0.22% | 5,757 | $753K | Reduce -17.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.22% | 12,075 | $743K | Reduce -14.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.16% | 11,068 | $544K | Reduce -3.6% |
| SCHG Schwab US Large-Cap Growth | 0.14% | 5,088 | $472K | Add +7.4% |
| SCHO Schwab Short-Term US Treas | 0.14% | 9,475 | $457K | Add +0.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.13% | 9,827 | $452K | No change |
| XLY SS Consumer Disc Select Sect | 0.12% | 2,250 | $414K | No change |
| VIS Vanguard Industrials ETF | 0.12% | 1,634 | $399K | No change |
| IWF iShares Russell 1000 Growth | 0.12% | 1,160 | $391K | Add +4.7% |
| VHT Vanguard Health Care ETF | 0.10% | 1,241 | $336K | Add +0.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.09% | 4,204 | $307K | Add +0.0% |
| META Meta Platforms Inc. Class A | 0.09% | 632 | $307K | New |
| ZTS Zoetis Inc. | 0.09% | 1,811 | $306K | New |
| LIN Linde PLC | 0.09% | 640 | $297K | New |
| SCHM Schwab US Mid Cap ETF | 0.08% | 3,389 | $276K | Reduce -98.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.07% | 259 | $251K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 959 | $249K | Add +0.2% |
Portfolio Sells Q4 2023 → Q1 2024
| SCHM Schwab US Mid Cap ETF | Reduce -98.0% | 0.08% | −4.06 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.15 |
| SCHR Schwab Intermediate-Term US | Reduce -1.9% | 0.67% | −0.10 |
| SCHB Schwab US Broad Market ETF | Reduce -10.0% | 0.76% | −0.10 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Sold out | 0.00% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -8.6% | 0.73% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -7.2% | 0.30% | −0.06 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -17.2% | 0.22% | −0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -14.5% | 0.22% | −0.04 |
| TURN 180 Degree Capital Corp. | Reduce -0.2% | 0.57% | −0.04 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -3.6% | 0.16% | −0.03 |
| CWI State Street SPDR MSCI Acwi | Reduce -1.7% | 0.32% | −0.03 |
| VGT Vanguard Info Tech ETF | Reduce -2.7% | 0.23% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| FLQM Franklin U.S. Mid Cap Multif | New | 4.36% | +4.36 |
| SCHX Schwab US Large-Cap ETF | Add +4.0% | 21.26% | +0.59 |
| TCAF T Rowe PRC Cap Appreciation | Add +12.3% | 4.71% | +0.44 |
| UPS United Parcel Service Class B | New | 0.38% | +0.38 |
| MFDX PIMCO Rafi Dynamic Multi-Fac | Add +7.6% | 9.18% | +0.16 |
| META Meta Platforms Inc. Class A | New | 0.09% | +0.09 |
| ZTS Zoetis Inc. | New | 0.09% | +0.09 |
| LIN Linde PLC | New | 0.09% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.07% | +0.07 |
| DUHP Dimensional US High Profi Et | Add +1.2% | 9.36% | +0.04 |
| GMF State Street SPDR S&P Emergi | Add +9.9% | 2.27% | +0.03 |
| SPGM State Street SPDR Portfolio | Add +5.9% | 0.68% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +6.2% | 0.29% | +0.01 |
| SCHG Schwab US Large-Cap Growth | Add +7.4% | 0.14% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +4.7% | 0.12% | +0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +6.8% | 2.40% | +0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.0% | 0.09% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.07% | −0.00 |
| VHT Vanguard Health Care ETF | Add +0.2% | 0.10% | −0.00 |
| SCHO Schwab Short-Term US Treas | Add +0.7% | 0.14% | −0.01 |
| SCHC Schwab Intl Small-Cap Equity | Add +1.8% | 1.69% | −0.11 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +0.8% | 10.70% | −0.19 |
| SCHD Schwab US DVD Equity ETF | Add +0.8% | 6.13% | −0.26 |
| VTIP Vanguard Short-Term Tips | Add +4.9% | 5.62% | −0.29 |
| SCHF Schwab Intl Equity ETF | Add +1.0% | 14.95% | −0.65 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,440 | $898.5M | SCHX, DUHP, MFDX, SCHF, DIHP |
| Q1 2026 | 1,394 | $802.6M | SCHX, DUHP, MFDX, SCHF, DIHP |
| Q4 2025 | 1,330 | $731.4M | SCHX, DUHP, MFDX, SCHF, DIHP |
| Q3 2025 | 1,148 | $708.2M | SCHX, DUHP, MFDX, SCHF, DIHP |
| Q2 2025 | 37 | $506.5M | SCHX, DUHP, MFDX, SCHF, FNDB |
| Q1 2025 | 26 | $396.2M | SCHX, MFDX, FNDB, SCHF, DUHP |
| Q4 2024 | 31 | $377.1M | SCHX, SCHF, FNDB, MFDX, DUHP |
| Q3 2024 | 34 | $376.5M | SCHX, SCHF, FNDB, MFDX, DUHP |
| Q2 2024 | 35 | $341.2M | SCHX, SCHF, FNDB, DUHP, MFDX |
| Q1 2024 | 40 | $338.4M | SCHX, SCHF, FNDB, DUHP, MFDX |