Frederick Financial Consultants, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Frederick Financial Consultants, LLC reported 103 stock positions worth $161.0 million. Its top holding was SS SPDR S&P Kensho FS ETF (FITE) at 7.3% of the portfolio, followed by First Trust Rba American Ind (AIRR, 6.9%) and First Trust DW Focus 5 Fund (FV, 6.7%). Compared with Q1 2025, it opened 14 new positions, sold out of 2, added to 53 and reduced 29. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +138%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
FREDERICK, MD
CIK
0002055328
Portfolio Value
$161.0M (Q2 2025)
SEC Filing
0002055328-25-000003 ↗ filed Aug 5, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q4 2024: $125.2M Q4 2024 Q1 2025: $138.6M Q1 2025 Q2 2025: $161.0M $161.0M Q2 2025 Q3 2025: $178.3M Q3 2025 Q4 2025: $182.7M Q4 2025 Q1 2026: $201.0M Q1 2026 Q2 2026: $235.7M Q2 2026

Holdings 103 stocks · $161.0M
FITE SS SPDR S&P Kensho FS ETF 7.33% 155,355 $11.8M Add +2.3%
AIRR First Trust Rba American Ind 6.92% 136,895 $11.1M Add +4.8%
FV First Trust DW Focus 5 Fund 6.71% 182,392 $10.8M Add +13.7%
RWR SS SPDR Dow Jones REIT ETF 5.85% 97,616 $9.4M Add +9.1%
BUFR FT Vest Lad Buffervetf-Usd I 5.57% 282,035 $9.0M Add +2.5%
IWF iShares Russell 1000 Growth 5.42% 20,549 $8.7M Reduce -0.3%
RDVY First Trust Rising Dividend 4.14% 106,336 $6.7M Add +1.5%
VIG Vanguard Dividend Apprec ETF 3.64% 28,641 $5.9M Add +3.3%
VONG Vanguard Russell 1000 Growth 3.36% 49,549 $5.4M Reduce -1.8%
AAPL Apple Inc. 2.82% 22,111 $4.5M Reduce -1.6%
SHW The Sherwin-Williams Co. 2.73% 12,808 $4.4M Add +0.1%
VIGI Vanguard Int Div App Indx FD 2.29% 40,905 $3.7M Add +6.5%
HDG Proshares Hedge Replicat ETF 2.21% 71,810 $3.6M Add +2.4%
JHMM John Hancock Multi Fact Mid 2.08% 54,862 $3.4M Add +7.0%
NVDA Nvidia Corp. 2.03% 20,676 $3.3M Add +4.9%
JEPI JPMorgan Equity Premium Inco 1.71% 48,303 $2.7M Add +4.6%
MUST Columbia Multi-Sect Muni Inc. 1.60% 127,906 $2.6M Add +1.5%
MSFT Microsoft Corp. 1.49% 4,807 $2.4M Add +10.5%
IWM iShares Russell 2000 ETF 1.37% 10,239 $2.2M Add +18.6%
QQQ Invesco QQQ Trust Series 1 1.20% 3,508 $1.9M Add +138.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.18% 6,418 $1.9M Reduce -0.1%
VWO Vanguard Ftse Emerging Marke 1.12% 36,616 $1.8M Reduce -5.7%
FTLS First Trust Long/Short Eqty 1.09% 26,483 $1.8M Add +15.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.89% 2,326 $1.4M Add +350.8%
LMT Lockheed Martin Corp. 0.88% 3,052 $1.4M Reduce -0.1%
TSLA Tesla Inc. 0.87% 4,420 $1.4M Add +0.9%
NTRL First Trust Equity Market Ne 0.87% 68,197 $1.4M Reduce -4.6%
IVV iShares Core S&P 500 ETF 0.84% 2,178 $1.4M Add +0.1%
IWD iShares Russell 1000 Value E 0.81% 6,739 $1.3M Add +0.0%
IWN iShares Russell 2000 Value E 0.77% 7,838 $1.2M Reduce -0.6%
JSCP JPMorgan Short Duration Core 0.70% 23,765 $1.1M Add +13.3%
IWO iShares Russell 2000 Growth 0.69% 3,912 $1.1M No change
AMZN Amazon.com Inc. 0.67% 4,931 $1.1M Add +11.3%
META Meta Platforms Inc. Class A 0.63% 1,377 $1.0M Add +8.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.61% 17,919 $975K Add +9.2%
MAR Marriott International Class A 0.60% 3,521 $962K Add +0.1%
EFA iShares MSCI Eafe ETF 0.57% 10,317 $922K Reduce -0.1%
GOOG Alphabet Inc. Class C 0.57% 5,177 $918K Reduce -0.0%
REVS Columbia Resear Enh Val ETF 0.56% 34,595 $909K Reduce -6.9%
GLDM SPDR Gold Minishares Trust 0.50% 12,315 $807K Add +44.0%
GLD SPDR Gold Shares 0.48% 2,518 $768K Reduce -3.8%
PNC PNC Financial Services Group 0.47% 4,047 $754K Reduce -0.3%
EMB iShares JP Morgan Usd Emergi 0.46% 8,073 $748K Add +1.1%
TAXF American Century Diver Muni 0.46% 15,234 $745K Reduce -18.0%
GOOGL Alphabet Inc. Class A 0.42% 3,841 $677K Add +0.8%
MA Mastercard Inc. Class A 0.41% 1,171 $658K Reduce -0.8%
COF Capital One Financial Corp. 0.38% 2,865 $610K Add +57.9%
AMP Ameriprise Financial Inc. 0.37% 1,129 $603K Add +0.7%
MKC McCormick & Co.-Non VTG SHRS 0.36% 7,705 $584K No change
V Visa Inc. Class A 0.34% 1,561 $554K Reduce -0.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.33% 2,700 $526K No change
DE Deere & Co. 0.32% 998 $507K Reduce -0.4%
ABBV Abbvie Inc. 0.30% 2,641 $490K Add +4.8%
SDVY First Trust Smid Cap Rising 0.30% 13,753 $485K Add +0.8%
AOA iShares Core 80/20 Aggressiv 0.27% 5,154 $430K Add +17.8%
JPM JPMorgan Chase & Co. 0.26% 1,449 $420K Add +5.1%
IUSG iShares Core S&P U.S. Growth 0.26% 2,756 $414K Reduce -4.8%
T AT&T Inc. 0.26% 14,265 $413K Reduce -10.7%
XOM Exxon Mobil Corp. 0.25% 3,751 $404K Reduce -7.4%
FSK FS KKR Capital Corp. 0.23% 17,869 $371K Reduce -2.0%
SCHD Schwab US DVD Equity ETF 0.23% 13,889 $368K Reduce -11.4%
AVGO Broadcom Inc. 0.23% 1,328 $366K New
STBA S & T Bancorp Inc. 0.22% 9,408 $356K Add +0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 7,514 $356K Add +18.0%
IWB iShares Russell 1000 ETF 0.22% 1,041 $353K No change
IDV iShares International Select 0.22% 10,210 $352K Add +16.7%
JNJ Johnson & Johnson 0.21% 2,202 $336K Reduce -1.4%
QUAL iShares MSCI USA Quality Fac 0.21% 1,819 $333K Add +6.9%
NEE Nextera Energy Inc. 0.20% 4,556 $316K Add +3.9%
EEM iShares MSCI Emerging Market 0.18% 6,059 $292K Reduce -12.7%
WFC Wells Fargo & Co. 0.18% 3,618 $290K Add +29.9%
RSP Invesco S&P 500 Equal Weight 0.18% 1,587 $288K Reduce -6.7%
UTHR United Therapeutics Corp. 0.18% 1,000 $287K No change
KO The Coca-Cola Co. 0.17% 3,934 $278K Reduce -1.4%
DOV Dover Corp. 0.17% 1,513 $277K Add +1.6%
IEI iShares 3-7 Year Treasury Bo 0.17% 2,308 $275K Reduce -7.5%
LOW Lowe's Cos Inc. 0.17% 1,232 $273K Add +6.0%
NLR Vaneck Urani & Nuclr ETF-Usd 0.17% 2,394 $266K New
SUSA iShares ESG Optimized MSCI U 0.16% 2,074 $263K No change
UNH Unitedhealth Group Inc. 0.16% 835 $260K Add +12.1%
HD Home Depot Inc. 0.16% 709 $260K Add +14.0%
TFC Truist Financial Corp. 0.16% 6,035 $259K Add +0.5%
VGT Vanguard Info Tech ETF 0.16% 391 $259K No change
SO The Southern Co. 0.16% 2,783 $256K Add +19.5%
PEP Pepsico Inc. 0.16% 1,928 $255K Add +4.9%
MS Morgan Stanley 0.16% 1,783 $251K New
NFLX Netflix Inc. 0.15% 183 $245K New
HSY The Hershey Co. 0.15% 1,474 $245K Add +0.6%
MCD McDonald's Corp. 0.15% 830 $243K Add +6.4%
MTB M & T Bank Corp. filed as M & T BK CORP 0.15% 1,239 $240K Add +1.8%
PGR Progressive Corp. 0.15% 877 $234K Add +7.2%
LDOS Leidos Holdings Inc. 0.15% 1,480 $234K New
ACWI iShares MSCI Acwi ETF 0.14% 1,799 $231K New
TXN Texas Instruments Inc. 0.14% 1,090 $226K New
AXP American Express Co. 0.14% 706 $225K New
USMV iShares MSCI USA Min Vol Fac 0.14% 2,350 $221K Reduce -3.6%
DSI iShares ESG MSCI KLD 400 ETF 0.13% 1,864 $217K New
ITOT iShares Core S&P Total U.S. 0.13% 1,594 $215K Reduce -3.7%
BBUS JPMorgan Betabuilders US Equ 0.13% 1,887 $211K New
PM Philip Morris International 0.13% 1,157 $211K New
LIN Linde PLC 0.13% 445 $209K New
ETN Eaton Corp. PLC 0.13% 578 $206K New
ESGU iShares ESG Aware MSCI USA 0.13% 1,522 $206K New

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -1.6% 2.82% −0.78
NSC Norfolk Southern Corp. Sold out 0.00% −0.21
TAXF American Century Diver Muni Reduce -18.0% 0.46% −0.20
NTRL First Trust Equity Market Ne Reduce -4.6% 0.87% −0.16
CVX Chevron Corp. Sold out 0.00% −0.15
VWO Vanguard Ftse Emerging Marke Reduce -5.7% 1.12% −0.14
REVS Columbia Resear Enh Val ETF Reduce -6.9% 0.56% −0.11
LMT Lockheed Martin Corp. Reduce -0.1% 0.88% −0.11
XOM Exxon Mobil Corp. Reduce -7.4% 0.25% −0.10
IWN iShares Russell 2000 Value E Reduce -0.6% 0.77% −0.09
SCHD Schwab US DVD Equity ETF Reduce -11.4% 0.23% −0.09
T AT&T Inc. Reduce -10.7% 0.26% −0.07
GLD SPDR Gold Shares Reduce -3.8% 0.48% −0.07
JNJ Johnson & Johnson Reduce -1.4% 0.21% −0.06
MA Mastercard Inc. Class A Reduce -0.8% 0.41% −0.06
V Visa Inc. Class A Reduce -0.8% 0.34% −0.05
PNC PNC Financial Services Group Reduce -0.3% 0.47% −0.05
FSK FS KKR Capital Corp. Reduce -2.0% 0.23% −0.05
IEI iShares 3-7 Year Treasury Bo Reduce -7.5% 0.17% −0.04
EEM iShares MSCI Emerging Market Reduce -12.7% 0.18% −0.04
EFA iShares MSCI Eafe ETF Reduce -0.1% 0.57% −0.04
RSP Invesco S&P 500 Equal Weight Reduce -6.7% 0.18% −0.03
KO The Coca-Cola Co. Reduce -1.4% 0.17% −0.03
USMV iShares MSCI USA Min Vol Fac Reduce -3.6% 0.14% −0.03
DE Deere & Co. Reduce -0.4% 0.32% −0.02
VONG Vanguard Russell 1000 Growth Reduce -1.8% 3.36% −0.02
GOOG Alphabet Inc. Class C Reduce -0.0% 0.57% −0.01
ITOT iShares Core S&P Total U.S. Reduce -3.7% 0.13% −0.01
IUSG iShares Core S&P U.S. Growth Reduce -4.8% 0.26% −0.01
IBM Intl Business Machines Corp. Reduce -0.1% 1.18% +0.02
IWF iShares Russell 1000 Growth Reduce -0.3% 5.42% +0.05

Portfolio Buys Q1 2025 → Q2 2025
QQQ Invesco QQQ Trust Series 1 Add +138.3% 1.20% +0.70
SPY SS SPDR S&P 500 ETF Trust-US Add +350.8% 0.89% +0.68
AIRR First Trust Rba American Ind Add +4.8% 6.92% +0.49
NVDA Nvidia Corp. Add +4.9% 2.03% +0.49
FITE SS SPDR S&P Kensho FS ETF Add +2.3% 7.33% +0.45
FV First Trust DW Focus 5 Fund Add +13.7% 6.71% +0.36
MSFT Microsoft Corp. Add +10.5% 1.49% +0.31
AVGO Broadcom Inc. New 0.23% +0.23
NLR Vaneck Urani & Nuclr ETF-Usd New 0.17% +0.17
MS Morgan Stanley New 0.16% +0.16
NFLX Netflix Inc. New 0.15% +0.15
LDOS Leidos Holdings Inc. New 0.15% +0.15
COF Capital One Financial Corp. Add +57.9% 0.38% +0.14
ACWI iShares MSCI Acwi ETF New 0.14% +0.14
TXN Texas Instruments Inc. New 0.14% +0.14
AXP American Express Co. New 0.14% +0.14
DSI iShares ESG MSCI KLD 400 ETF New 0.13% +0.13
BBUS JPMorgan Betabuilders US Equ New 0.13% +0.13
PM Philip Morris International New 0.13% +0.13
IWM iShares Russell 2000 ETF Add +18.6% 1.37% +0.13
LIN Linde PLC New 0.13% +0.13
ETN Eaton Corp. PLC New 0.13% +0.13
ESGU iShares ESG Aware MSCI USA New 0.13% +0.13
GLDM SPDR Gold Minishares Trust Add +44.0% 0.50% +0.12
META Meta Platforms Inc. Class A Add +8.8% 0.63% +0.10
AMZN Amazon.com Inc. Add +11.3% 0.67% +0.06
TSLA Tesla Inc. Add +0.9% 0.87% +0.05
WFC Wells Fargo & Co. Add +29.9% 0.18% +0.04
BAC Bank of America Corp. Add +18.0% 0.22% +0.03
FTLS First Trust Long/Short Eqty Add +15.1% 1.09% +0.03
AOA iShares Core 80/20 Aggressiv Add +17.8% 0.27% +0.03
IDV iShares International Select Add +16.7% 0.22% +0.02
JPM JPMorgan Chase & Co. Add +5.1% 0.26% +0.02
SO The Southern Co. Add +19.5% 0.16% +0.00
HD Home Depot Inc. Add +14.0% 0.16% −0.00
QUAL iShares MSCI USA Quality Fac Add +6.9% 0.21% −0.00
GOOGL Alphabet Inc. Class A Add +0.8% 0.42% −0.00
MAR Marriott International Class A Add +0.1% 0.60% −0.01
JEPQ JPM Nasdaq Equity Premium Add +9.2% 0.61% −0.01
MTB M & T Bank Corp. Add +1.8% 0.15% −0.01
VIGI Vanguard Int Div App Indx FD Add +6.5% 2.29% −0.01
JSCP JPMorgan Short Duration Core Add +13.3% 0.70% −0.01
DOV Dover Corp. Add +1.6% 0.17% −0.02
TFC Truist Financial Corp. Add +0.5% 0.16% −0.02
AMP Ameriprise Financial Inc. Add +0.7% 0.37% −0.02
PGR Progressive Corp. Add +7.2% 0.15% −0.02
MCD McDonald's Corp. Add +6.4% 0.15% −0.03
LOW Lowe's Cos Inc. Add +6.0% 0.17% −0.03
NEE Nextera Energy Inc. Add +3.9% 0.20% −0.03
SDVY First Trust Smid Cap Rising Add +0.8% 0.30% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$235.7MAIRR, FV, FITE, FSCC, MKTN
Q1 2026 109$201.0MAIRR, FITE, MKTN, FV, FSCC
Q4 2025 108$182.7MAIRR, FITE, FV, RWR, BUFR
Q3 2025 108$178.3MAIRR, FITE, FV, RWR, BUFR
Q2 2025 103$161.0MFITE, AIRR, FV, RWR, BUFR
Q1 2025 91$138.6MFITE, AIRR, RWR, FV, BUFR
Q4 2024 83$125.2MJHMM, FITE, IWF, BUFR, AIRR