Financial Consulate, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Financial Consulate, Inc. reported 35 stock positions worth $341.2 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 21.9% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 14.8%) and Schwab Fndmntl US BRD Mr ETF (FNDB, 10.6%). Compared with Q1 2024, it opened 2 new positions, sold out of 7, added to 19 and reduced 9. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +0%) and the biggest sale an exit from United Parcel Service Class B (UPS).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001624510
- Portfolio Value
- $341.2M (Q2 2024)
- SEC Filing
- 0001624510-24-000004 ↗ filed Jul 22, 2024
Holdings Value
Holdings 35 stocks · $341.2M
| SCHX Schwab US Large-Cap ETF | 21.93% | 1,164,454 | $74.8M | Add +0.5% |
| SCHF Schwab Intl Equity ETF | 14.84% | 1,317,602 | $50.6M | Add +1.6% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 10.56% | 549,190 | $36.0M | Add +0.5% |
| DUHP Dimensional US High Profi Et | 9.43% | 1,005,318 | $32.2M | Add +0.3% |
| MFDX PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 9.24% | 1,041,065 | $31.5M | Add +2.9% |
| SCHD Schwab US DVD Equity ETF | 5.88% | 258,180 | $20.1M | Add +0.3% |
| VTIP Vanguard Short-Term Tips | 5.77% | 405,831 | $19.7M | Add +2.3% |
| TCAF T Rowe PRC Cap Appreciation | 4.89% | 531,173 | $16.7M | Add +0.8% |
| FLQM Franklin U.S. Mid Cap Multif | 4.29% | 285,610 | $14.6M | Add +3.6% |
| GMF State Street SPDR S&P Emergi | 2.48% | 76,077 | $8.5M | Add +2.6% |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.40% | 95,243 | $8.2M | Add +2.1% |
| SCHC Schwab Intl Small-Cap Equity | 1.66% | 159,602 | $5.7M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.74% | 4,618 | $2.5M | Reduce -2.0% |
| SCHB Schwab US Broad Market ETF | 0.73% | 39,689 | $2.5M | Reduce -6.3% |
| SPGM State Street SPDR Portfolio | 0.68% | 38,328 | $2.3M | Reduce -0.8% |
| SCHR Schwab Intermediate-Term US | 0.68% | 47,442 | $2.3M | Add +2.7% |
| TURN 180 Degree Capital Corp. | 0.50% | 446,763 | $1.7M | Reduce -0.9% |
| ITOT iShares Core S&P Total U.S. | 0.40% | 11,427 | $1.4M | No change |
| VGT Vanguard Info Tech ETF | 0.34% | 2,034 | $1.2M | Add +39.9% |
| VOO Vanguard S&P 500 ETF | 0.34% | 2,291 | $1.1M | Add +11.2% |
| CWI State Street SPDR MSCI Acwi | 0.31% | 37,763 | $1.1M | Reduce -2.2% |
| AGG iShares Core U.S. Aggregate | 0.29% | 10,068 | $977K | Reduce -2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.21% | 11,191 | $716K | Reduce -7.3% |
| IJT iShares S&P Small-Cap 600 GR | 0.20% | 5,367 | $689K | Reduce -6.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.18% | 12,500 | $608K | Add +12.9% |
| SCHG Schwab US Large-Cap Growth | 0.14% | 4,728 | $477K | Reduce -7.1% |
| SCHO Schwab Short-Term US Treas | 0.14% | 9,576 | $461K | Add +1.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.13% | 9,827 | $448K | No change |
| IWF iShares Russell 1000 Growth | 0.13% | 1,171 | $427K | Add +0.9% |
| VIS Vanguard Industrials ETF | 0.11% | 1,634 | $384K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.10% | 4,204 | $337K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 1,031 | $276K | Add +7.5% |
| SCHM Schwab US Mid Cap ETF | 0.08% | 3,389 | $264K | No change |
| VTWO Vanguard Russell 2000 ETF | 0.07% | 2,766 | $227K | New |
| RPG Invesco S&P 500 Pure Growth | 0.06% | 5,406 | $201K | New |
Portfolio Sells Q1 2024 → Q2 2024
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.38 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.12 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.10 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.09 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.09 |
| LIN Linde PLC | Sold out | 0.00% | −0.09 |
| TURN 180 Degree Capital Corp. | Reduce -0.9% | 0.50% | −0.08 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -6.3% | 0.73% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -6.8% | 0.20% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -2.5% | 0.29% | −0.01 |
| CWI State Street SPDR MSCI Acwi | Reduce -2.2% | 0.31% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.3% | 0.21% | −0.01 |
| SCHG Schwab US Large-Cap Growth | Reduce -7.1% | 0.14% | +0.00 |
| SPGM State Street SPDR Portfolio | Reduce -0.8% | 0.68% | +0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -2.0% | 0.74% | +0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| SCHX Schwab US Large-Cap ETF | Add +0.5% | 21.93% | +0.67 |
| GMF State Street SPDR S&P Emergi | Add +2.6% | 2.48% | +0.21 |
| TCAF T Rowe PRC Cap Appreciation | Add +0.8% | 4.89% | +0.19 |
| VTIP Vanguard Short-Term Tips | Add +2.3% | 5.77% | +0.16 |
| VGT Vanguard Info Tech ETF | Add +39.9% | 0.34% | +0.12 |
| VTWO Vanguard Russell 2000 ETF | New | 0.07% | +0.07 |
| DUHP Dimensional US High Profi Et | Add +0.3% | 9.43% | +0.06 |
| RPG Invesco S&P 500 Pure Growth | New | 0.06% | +0.06 |
| MFDX PIMCO Rafi Dynamic Multi-Fac | Add +2.9% | 9.24% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +11.2% | 0.34% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +12.9% | 0.18% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +0.9% | 0.13% | +0.01 |
| SCHR Schwab Intermediate-Term US | Add +2.7% | 0.68% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.5% | 0.08% | +0.01 |
| SCHO Schwab Short-Term US Treas | Add +1.1% | 0.14% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +2.1% | 2.40% | −0.01 |
| SCHC Schwab Intl Small-Cap Equity | Add +0.1% | 1.66% | −0.02 |
| FLQM Franklin U.S. Mid Cap Multif | Add +3.6% | 4.29% | −0.06 |
| SCHF Schwab Intl Equity ETF | Add +1.6% | 14.84% | −0.12 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +0.5% | 10.56% | −0.15 |
| SCHD Schwab US DVD Equity ETF | Add +0.3% | 5.88% | −0.25 |
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 |