Financial Consulate, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Financial Consulate, Inc. reported 31 stock positions worth $377.1 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 23.1% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 13.3%) and Schwab Fndmntl US BRD Mr ETF (FNDB, 10.1%). Compared with Q3 2024, it opened 3 new positions, sold out of 6, added to 14 and reduced 10. The biggest buy was a new position in Pgim Ultra Short Bond ETF (PULS) and the biggest sale an exit from 180 Degree Capital (TURN).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001624510
- Portfolio Value
- $377.1M (Q4 2024)
- SEC Filing
- 0001624510-25-000002 ↗ filed Feb 3, 2025
Holdings Value
Holdings 31 stocks · $377.1M
| SCHX Schwab US Large-Cap ETF | 23.10% | 3,757,492 | $87.1M | Add +1.8% |
| SCHF Schwab Intl Equity ETF | 13.30% | 2,709,810 | $50.1M | Add +0.9% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 10.12% | 1,641,227 | $38.2M | Reduce -1.2% |
| MFDX PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 9.38% | 1,196,790 | $35.4M | Add +5.4% |
| DUHP Dimensional US High Profi Et | 9.06% | 1,010,994 | $34.2M | Reduce -0.7% |
| SCHD Schwab US DVD Equity ETF | 5.63% | 776,613 | $21.2M | Reduce -0.7% |
| VTIP Vanguard Short-Term Tips | 5.58% | 434,893 | $21.1M | Add +1.4% |
| TCAF T Rowe PRC Cap Appreciation | 4.63% | 524,515 | $17.5M | Reduce -1.1% |
| FLQM Franklin U.S. Mid Cap Multif | 4.59% | 318,554 | $17.3M | Add +4.0% |
| GMF State Street SPDR S&P Emergi | 2.57% | 83,706 | $9.7M | Add +3.3% |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.50% | 104,190 | $9.4M | Add +3.5% |
| PULS Pgim Ultra Short Bond ETF | 1.55% | 117,654 | $5.8M | New |
| SCHC Schwab Intl Small-Cap Equity | 1.51% | 165,390 | $5.7M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 0.82% | 5,755 | $3.1M | Add +95.2% |
| SCHB Schwab US Broad Market ETF | 0.73% | 121,581 | $2.8M | Add +0.8% |
| IVV iShares Core S&P 500 ETF | 0.69% | 4,388 | $2.6M | Reduce -3.1% |
| SPGM State Street SPDR Portfolio | 0.65% | 38,725 | $2.5M | Add +5.2% |
| SCHR Schwab Intermediate-Term US | 0.60% | 92,793 | $2.3M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 0.46% | 9,027 | $1.7M | New |
| SCHG Schwab US Large-Cap Growth | 0.42% | 56,921 | $1.6M | Add +21.3% |
| VGT Vanguard Info Tech ETF | 0.33% | 1,982 | $1.2M | Reduce -2.6% |
| ITOT iShares Core S&P Total U.S. | 0.30% | 8,852 | $1.1M | New |
| CWI State Street SPDR MSCI Acwi | 0.28% | 37,451 | $1.0M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 0.26% | 10,068 | $976K | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.18% | 9,841 | $678K | Add +2.5% |
| SCHM Schwab US Mid Cap ETF | 0.16% | 21,364 | $592K | Add +2.3% |
| IJT iShares S&P Small-Cap 600 GR | 0.16% | 4,341 | $588K | Reduce -8.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.13% | 10,048 | $493K | No change |
| IWF iShares Russell 1000 Growth | 0.12% | 1,161 | $466K | Reduce -0.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.12% | 19,654 | $446K | No change |
| VIS Vanguard Industrials ETF | 0.11% | 1,634 | $416K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| TURN 180 Degree Capital Corp. | Sold out | 0.00% | −0.39 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.7% | 5.63% | −0.23 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -1.2% | 10.12% | −0.22 |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | Sold out | 0.00% | −0.18 |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | Sold out | 0.00% | −0.17 |
| DUHP Dimensional US High Profi Et | Reduce -0.7% | 9.06% | −0.15 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.09 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.09 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.08 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -1.1% | 4.63% | −0.05 |
| SCHR Schwab Intermediate-Term US | Reduce -1.9% | 0.60% | −0.04 |
| CWI State Street SPDR MSCI Acwi | Reduce -0.1% | 0.28% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -8.5% | 0.16% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -3.1% | 0.69% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -0.8% | 0.12% | +0.01 |
| VGT Vanguard Info Tech ETF | Reduce -2.6% | 0.33% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| PULS Pgim Ultra Short Bond ETF | New | 1.55% | +1.55 |
| SCHX Schwab US Large-Cap ETF | Add +1.8% | 23.10% | +0.92 |
| GOOG Alphabet Inc. Class C | New | 0.46% | +0.46 |
| VOO Vanguard S&P 500 ETF | Add +95.2% | 0.82% | +0.41 |
| ITOT iShares Core S&P Total U.S. | New | 0.30% | +0.30 |
| SCHG Schwab US Large-Cap Growth | Add +21.3% | 0.42% | +0.10 |
| FLQM Franklin U.S. Mid Cap Multif | Add +4.0% | 4.59% | +0.06 |
| SCHB Schwab US Broad Market ETF | Add +0.8% | 0.73% | +0.02 |
| SPGM State Street SPDR Portfolio | Add +5.2% | 0.65% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +2.5% | 0.18% | +0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +3.5% | 2.50% | +0.01 |
| SCHM Schwab US Mid Cap ETF | Add +2.3% | 0.16% | +0.00 |
| VTIP Vanguard Short-Term Tips | Add +1.4% | 5.58% | −0.03 |
| GMF State Street SPDR S&P Emergi | Add +3.3% | 2.57% | −0.08 |
| SCHC Schwab Intl Small-Cap Equity | Add +1.3% | 1.51% | −0.17 |
| MFDX PIMCO Rafi Dynamic Multi-Fac | Add +5.4% | 9.38% | −0.43 |
| SCHF Schwab Intl Equity ETF | Add +0.9% | 13.30% | −1.37 |
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 |