Financial Consulate, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Financial Consulate, Inc. reported 34 stock positions worth $376.5 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 22.2% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 14.7%) and Schwab Fndmntl US BRD Mr ETF (FNDB, 10.3%). Compared with Q2 2024, it opened 3 new positions, sold out of 4, added to 17 and reduced 9. The biggest buy was PIMCO Rafi Dynamic Multi-Fac (MFDX, shares +9%) and the biggest sale an exit from iShares Core S&P Total U.S. (ITOT).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001624510
- Portfolio Value
- $376.5M (Q3 2024)
- SEC Filing
- 0001624510-24-000008 ↗ filed Oct 21, 2024
Holdings Value
Holdings 34 stocks · $376.5M
| SCHX Schwab US Large-Cap ETF | 22.18% | 1,230,747 | $83.5M | Add +5.7% |
| SCHF Schwab Intl Equity ETF | 14.66% | 1,342,836 | $55.2M | Add +1.9% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 10.35% | 553,625 | $39.0M | Add +0.8% |
| MFDX PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 9.80% | 1,135,173 | $36.9M | Add +9.0% |
| DUHP Dimensional US High Profi Et | 9.21% | 1,018,075 | $34.7M | Add +1.3% |
| SCHD Schwab US DVD Equity ETF | 5.85% | 260,724 | $22.0M | Add +1.0% |
| VTIP Vanguard Short-Term Tips | 5.62% | 428,924 | $21.2M | Add +5.7% |
| TCAF T Rowe PRC Cap Appreciation | 4.68% | 530,192 | $17.6M | Reduce -0.2% |
| FLQM Franklin U.S. Mid Cap Multif | 4.53% | 306,436 | $17.1M | Add +7.3% |
| GMF State Street SPDR S&P Emergi | 2.65% | 81,017 | $10.0M | Add +6.5% |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.49% | 100,658 | $9.4M | Add +5.7% |
| SCHC Schwab Intl Small-Cap Equity | 1.67% | 163,327 | $6.3M | Add +2.3% |
| SCHB Schwab US Broad Market ETF | 0.71% | 40,190 | $2.7M | Add +1.3% |
| IVV iShares Core S&P 500 ETF | 0.69% | 4,530 | $2.6M | Reduce -1.9% |
| SCHR Schwab Intermediate-Term US | 0.64% | 47,303 | $2.4M | Reduce -0.3% |
| SPGM State Street SPDR Portfolio | 0.63% | 36,799 | $2.4M | Reduce -4.0% |
| VOO Vanguard S&P 500 ETF | 0.41% | 2,948 | $1.6M | Add +28.7% |
| TURN 180 Degree Capital Corp. | 0.39% | 438,279 | $1.5M | Reduce -1.9% |
| SCHG Schwab US Large-Cap Growth | 0.32% | 11,735 | $1.2M | Add +148.2% |
| VGT Vanguard Info Tech ETF | 0.32% | 2,034 | $1.2M | No change |
| CWI State Street SPDR MSCI Acwi | 0.30% | 37,493 | $1.1M | Reduce -0.7% |
| AGG iShares Core U.S. Aggregate | 0.27% | 10,068 | $1.0M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | 0.18% | 755,000 | $691K | New |
| IJT iShares S&P Small-Cap 600 GR | 0.18% | 4,744 | $662K | Reduce -11.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.17% | 9,599 | $648K | Reduce -14.2% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | 0.17% | 725,000 | $640K | New |
| SCHM Schwab US Mid Cap ETF | 0.15% | 6,960 | $578K | Add +105.4% |
| BNDX Vanguard Total Intl Bond ETF | 0.13% | 10,048 | $505K | Reduce -19.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.12% | 9,827 | $467K | No change |
| IWF iShares Russell 1000 Growth | 0.12% | 1,171 | $440K | No change |
| VIS Vanguard Industrials ETF | 0.11% | 1,634 | $425K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.09% | 4,304 | $357K | Add +2.4% |
| VHT Vanguard Health Care ETF | 0.09% | 1,243 | $351K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 1,033 | $293K | Add +0.2% |
Portfolio Sells Q2 2024 → Q3 2024
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.40 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -0.2% | 4.68% | −0.21 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.14 |
| TURN 180 Degree Capital Corp. | Reduce -1.9% | 0.39% | −0.10 |
| VTWO Vanguard Russell 2000 ETF | Sold out | 0.00% | −0.07 |
| RPG Invesco S&P 500 Pure Growth | Sold out | 0.00% | −0.06 |
| SPGM State Street SPDR Portfolio | Reduce -4.0% | 0.63% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -1.9% | 0.69% | −0.05 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -19.6% | 0.13% | −0.04 |
| SCHR Schwab Intermediate-Term US | Reduce -0.3% | 0.64% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -14.2% | 0.17% | −0.04 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -11.6% | 0.18% | −0.03 |
| CWI State Street SPDR MSCI Acwi | Reduce -0.7% | 0.30% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| MFDX PIMCO Rafi Dynamic Multi-Fac | Add +9.0% | 9.80% | +0.57 |
| SCHX Schwab US Large-Cap ETF | Add +5.7% | 22.18% | +0.25 |
| FLQM Franklin U.S. Mid Cap Multif | Add +7.3% | 4.53% | +0.24 |
| SCHG Schwab US Large-Cap Growth | Add +148.2% | 0.32% | +0.18 |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | New | 0.18% | +0.18 |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | New | 0.17% | +0.17 |
| GMF State Street SPDR S&P Emergi | Add +6.5% | 2.65% | +0.16 |
| VHT Vanguard Health Care ETF | New | 0.09% | +0.09 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +5.7% | 2.49% | +0.09 |
| VOO Vanguard S&P 500 ETF | Add +28.7% | 0.41% | +0.08 |
| SCHM Schwab US Mid Cap ETF | Add +105.4% | 0.15% | +0.08 |
| SCHC Schwab Intl Small-Cap Equity | Add +2.3% | 1.67% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.08% | −0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +2.4% | 0.09% | −0.00 |
| SCHB Schwab US Broad Market ETF | Add +1.3% | 0.71% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Add +1.0% | 5.85% | −0.03 |
| VTIP Vanguard Short-Term Tips | Add +5.7% | 5.62% | −0.16 |
| SCHF Schwab Intl Equity ETF | Add +1.9% | 14.66% | −0.17 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +0.8% | 10.35% | −0.21 |
| DUHP Dimensional US High Profi Et | Add +1.3% | 9.21% | −0.21 |
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 |