Frederick Financial Consultants, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Frederick Financial Consultants, LLC reported 108 stock positions worth $178.3 million. Its top holding was First Trust Rba American Ind (AIRR) at 7.5% of the portfolio, followed by SS SPDR S&P Kensho FS ETF (FITE, 7.5%) and First Trust DW Focus 5 Fund (FV, 6.6%). Compared with Q2 2025, it opened 9 new positions, sold out of 4, added to 64 and reduced 25. The biggest buy was a new position in GLDM SA S&P 500 PR in ETF-US (GPIX) and the biggest sale an exit from JPMorgan Equity Premium Inco (JEPI).

Most Recent 13F
Q2 2026
Location
FREDERICK, MD
CIK
0002055328
Portfolio Value
$178.3M (Q3 2025)
SEC Filing
0002055328-25-000006 ↗ filed Nov 14, 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 Q2 2025 Q3 2025: $178.3M $178.3M Q3 2025 Q4 2025: $182.7M Q4 2025 Q1 2026: $201.0M Q1 2026 Q2 2026: $235.7M Q2 2026

Holdings 108 stocks · $178.3M
AIRR First Trust Rba American Ind 7.50% 138,385 $13.4M Add +1.1%
FITE SS SPDR S&P Kensho FS ETF 7.48% 155,914 $13.3M Add +0.4%
FV First Trust DW Focus 5 Fund 6.61% 190,314 $11.8M Add +4.3%
RWR SS SPDR Dow Jones REIT ETF 5.76% 102,426 $10.3M Add +4.9%
BUFR FT Vest Lad Buffervetf-Usd I 5.47% 292,058 $9.8M Add +3.5%
IWF iShares Russell 1000 Growth 5.39% 20,505 $9.6M Reduce -0.2%
RDVY First Trust Rising Dividend 4.21% 111,686 $7.5M Add +5.0%
VIG Vanguard Dividend Apprec ETF 3.42% 28,262 $6.1M Reduce -1.3%
VONG Vanguard Russell 1000 Growth 3.39% 50,199 $6.0M Add +1.3%
AAPL Apple Inc. 3.24% 22,707 $5.8M Add +2.7%
SHW The Sherwin-Williams Co. 2.49% 12,826 $4.4M Add +0.1%
VIGI Vanguard Int Div App Indx FD 2.21% 44,034 $3.9M Add +7.7%
NVDA Nvidia Corp. 2.20% 21,026 $3.9M Add +1.7%
JHMM John Hancock Multi Fact Mid 2.12% 58,347 $3.8M Add +6.3%
HDG Proshares Hedge Replicat ETF 2.10% 73,269 $3.7M Add +2.0%
MUST Columbia Multi-Sect Muni Inc. 1.57% 136,471 $2.8M Add +6.7%
IWM iShares Russell 2000 ETF 1.52% 11,164 $2.7M Add +9.0%
MSFT Microsoft Corp. 1.43% 4,929 $2.6M Add +2.5%
FTLS First Trust Long/Short Eqty 1.19% 30,229 $2.1M Add +14.1%
QQQ Invesco QQQ Trust Series 1 1.18% 3,516 $2.1M Add +0.2%
VWO Vanguard Ftse Emerging Marke 1.10% 36,342 $2.0M Reduce -0.8%
TSLA Tesla Inc. 1.05% 4,223 $1.9M Reduce -4.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.01% 6,406 $1.8M Reduce -0.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 2,357 $1.6M Add +1.3%
GPIX GLDM SA S&P 500 PR in ETF-US 0.88% 29,943 $1.6M New
LMT Lockheed Martin Corp. 0.86% 3,062 $1.5M Add +0.3%
IVV iShares Core S&P 500 ETF 0.81% 2,157 $1.4M Reduce -1.0%
JSCP JPMorgan Short Duration Core 0.79% 24,671 $1.4M Add +3.8%
IWN iShares Russell 2000 Value E 0.78% 7,839 $1.4M Add +0.0%
IWD iShares Russell 1000 Value E 0.77% 6,715 $1.4M Reduce -0.4%
NTRL First Trust Equity Market Ne 0.76% 66,565 $1.4M Reduce -2.4%
GOOGL Alphabet Inc. Class A 0.73% 5,314 $1.3M Add +38.4%
IWO iShares Russell 2000 Growth 0.70% 3,912 $1.3M No change
EFA iShares MSCI Eafe ETF 0.70% 13,286 $1.2M Add +28.8%
AMZN Amazon.com Inc. 0.63% 5,116 $1.1M Add +3.8%
GLDM SPDR Gold Minishares Trust 0.61% 14,277 $1.1M Add +15.9%
META Meta Platforms Inc. Class A 0.59% 1,439 $1.1M Add +4.5%
QMAG FT NDQ100 Mod Buff ETF - Aug 0.57% 43,513 $1.0M New
GOOG Alphabet Inc. Class C 0.53% 3,883 $944K Reduce -25.0%
REVS Columbia Resear Enh Val ETF 0.51% 32,727 $915K Reduce -5.4%
MAR Marriott International Class A 0.51% 3,503 $912K Reduce -0.5%
GLD SPDR Gold Shares 0.49% 2,473 $879K Reduce -1.8%
PNC PNC Financial Services Group 0.45% 4,032 $810K Reduce -0.4%
EMB iShares JP Morgan Usd Emergi 0.44% 8,332 $793K Add +3.2%
MA Mastercard Inc. Class A 0.38% 1,195 $680K Add +2.0%
ABBV Abbvie Inc. 0.35% 2,709 $627K Add +2.6%
COF Capital One Financial Corp. 0.34% 2,871 $610K Add +0.2%
JNJ Johnson & Johnson 0.34% 3,239 $601K Add +47.1%
TAXF American Century Diver Muni 0.32% 11,259 $566K Reduce -26.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.32% 2,700 $563K No change
AMP Ameriprise Financial Inc. 0.31% 1,136 $558K Add +0.6%
SDVY First Trust Smid Cap Rising 0.31% 14,415 $548K Add +4.8%
V Visa Inc. Class A 0.30% 1,567 $535K Add +0.4%
MKC McCormick & Co.-Non VTG SHRS 0.29% 7,700 $515K Reduce -0.1%
AVGO Broadcom Inc. 0.27% 1,442 $476K Add +8.6%
JPM JPMorgan Chase & Co. 0.26% 1,453 $458K Add +0.3%
DE Deere & Co. 0.26% 995 $455K Reduce -0.3%
AOA iShares Core 80/20 Aggressiv 0.25% 5,140 $453K Reduce -0.3%
IUSG iShares Core S&P U.S. Growth 0.24% 2,593 $427K Reduce -5.9%
XOM Exxon Mobil Corp. 0.24% 3,761 $424K Add +0.3%
UTHR United Therapeutics Corp. 0.24% 1,000 $419K No change
IDV iShares International Select 0.23% 11,378 $416K Add +11.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 7,761 $400K Add +3.3%
IWB iShares Russell 1000 ETF 0.21% 1,041 $380K No change
LOW Lowe's Cos Inc. 0.21% 1,488 $374K Add +20.8%
T AT&T Inc. 0.21% 13,114 $370K Reduce -8.1%
QUAL iShares MSCI USA Quality Fac 0.20% 1,819 $354K No change
STBA S & T Bancorp Inc. 0.20% 9,409 $354K Add +0.0%
NLR Vaneck Urani & Nuclr ETF-Usd 0.20% 2,595 $352K Add +8.4%
NEE Nextera Energy Inc. 0.20% 4,617 $349K Add +1.3%
EEM iShares MSCI Emerging Market 0.19% 6,202 $331K Add +2.4%
WFC Wells Fargo & Co. 0.18% 3,779 $317K Add +4.5%
UNH Unitedhealth Group Inc. 0.17% 859 $297K Add +2.9%
MS Morgan Stanley 0.17% 1,851 $294K Add +3.8%
VGT Vanguard Info Tech ETF 0.16% 391 $292K No change
SGOV iShares 0-3 Month Treasury B 0.16% 2,863 $288K New
HD Home Depot Inc. 0.16% 695 $282K Reduce -2.0%
SUSA iShares ESG Optimized MSCI U 0.16% 2,074 $281K No change
LDOS Leidos Holdings Inc. 0.16% 1,482 $280K Add +0.1%
TFC Truist Financial Corp. 0.16% 6,090 $278K Add +0.9%
HSY The Hershey Co. 0.16% 1,481 $277K Add +0.5%
IEI iShares 3-7 Year Treasury Bo 0.16% 2,318 $277K Add +0.4%
PEP Pepsico Inc. 0.16% 1,970 $277K Add +2.2%
RSP Invesco S&P 500 Equal Weight 0.15% 1,438 $273K Reduce -9.4%
SO The Southern Co. 0.15% 2,876 $273K Add +3.3%
ACWI iShares MSCI Acwi ETF 0.15% 1,962 $271K Add +9.1%
FSK FS KKR Capital Corp. 0.15% 17,914 $267K Add +0.3%
SCHD Schwab US DVD Equity ETF 0.15% 9,670 $264K Reduce -30.4%
KO The Coca-Cola Co. 0.15% 3,920 $260K Reduce -0.4%
MCD McDonald's Corp. 0.14% 848 $258K Add +2.2%
DOV Dover Corp. 0.14% 1,515 $253K Add +0.1%
SHOP Shopify Inc. Class A 0.14% 1,670 $248K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.14% 1,243 $246K Add +0.3%
AXP American Express Co. 0.14% 732 $243K Add +3.7%
DSI iShares ESG MSCI KLD 400 ETF 0.13% 1,864 $235K No change
WMT Walmart Inc. 0.13% 2,274 $234K New
NSC Norfolk Southern Corp. 0.13% 768 $231K New
KOMP SS SPDR S&P Kensho Ne Comp 0.13% 3,668 $228K New
PGR Progressive Corp. 0.13% 912 $225K Add +4.0%
ITOT iShares Core S&P Total U.S. 0.13% 1,546 $225K Reduce -3.0%
ETN Eaton Corp. PLC 0.13% 600 $225K Add +3.8%
USMV iShares MSCI USA Min Vol Fac 0.13% 2,350 $224K No change
IYW iShares Ustechnology ETF 0.13% 1,139 $223K New
NFLX Netflix Inc. 0.12% 185 $222K Add +1.1%
ESGU iShares ESG Aware MSCI USA 0.12% 1,522 $222K No change
TXN Texas Instruments Inc. 0.12% 1,161 $213K Add +6.5%
BBUS JPMorgan Betabuilders US Equ 0.12% 1,755 $212K Reduce -7.0%
TSM Taiwan Semiconductor-SP ADR 0.11% 718 $201K New

Portfolio Sells Q2 2025 → Q3 2025
JEPI JPMorgan Equity Premium Inco Sold out 0.00% −1.71
JEPQ JPM Nasdaq Equity Premium Sold out 0.00% −0.61
VIG Vanguard Dividend Apprec ETF Reduce -1.3% 3.42% −0.22
IBM Intl Business Machines Corp. Reduce -0.2% 1.01% −0.16
TAXF American Century Diver Muni Reduce -26.1% 0.32% −0.15
PM Philip Morris International Sold out 0.00% −0.13
LIN Linde PLC Sold out 0.00% −0.13
NTRL First Trust Equity Market Ne Reduce -2.4% 0.76% −0.11
MAR Marriott International Class A Reduce -0.5% 0.51% −0.09
SCHD Schwab US DVD Equity ETF Reduce -30.4% 0.15% −0.08
MKC McCormick & Co.-Non VTG SHRS Reduce -0.1% 0.29% −0.07
DE Deere & Co. Reduce -0.3% 0.26% −0.06
REVS Columbia Resear Enh Val ETF Reduce -5.4% 0.51% −0.05
T AT&T Inc. Reduce -8.1% 0.21% −0.05
IWD iShares Russell 1000 Value E Reduce -0.4% 0.77% −0.05
GOOG Alphabet Inc. Class C Reduce -25.0% 0.53% −0.04
IWF iShares Russell 1000 Growth Reduce -0.2% 5.39% −0.03
IVV iShares Core S&P 500 ETF Reduce -1.0% 0.81% −0.03
KO The Coca-Cola Co. Reduce -0.4% 0.15% −0.03
RSP Invesco S&P 500 Equal Weight Reduce -9.4% 0.15% −0.03
VWO Vanguard Ftse Emerging Marke Reduce -0.8% 1.10% −0.02
IUSG iShares Core S&P U.S. Growth Reduce -5.9% 0.24% −0.02
PNC PNC Financial Services Group Reduce -0.4% 0.45% −0.01
AOA iShares Core 80/20 Aggressiv Reduce -0.3% 0.25% −0.01
BBUS JPMorgan Betabuilders US Equ Reduce -7.0% 0.12% −0.01
ITOT iShares Core S&P Total U.S. Reduce -3.0% 0.13% −0.01
HD Home Depot Inc. Reduce -2.0% 0.16% −0.00
GLD SPDR Gold Shares Reduce -1.8% 0.49% +0.02
TSLA Tesla Inc. Reduce -4.5% 1.05% +0.18

Portfolio Buys Q2 2025 → Q3 2025
GPIX GLDM SA S&P 500 PR in ETF-US New 0.88% +0.88
AIRR First Trust Rba American Ind Add +1.1% 7.50% +0.58
QMAG FT NDQ100 Mod Buff ETF - Aug New 0.57% +0.57
AAPL Apple Inc. Add +2.7% 3.24% +0.43
GOOGL Alphabet Inc. Class A Add +38.4% 0.73% +0.31
NVDA Nvidia Corp. Add +1.7% 2.20% +0.17
SGOV iShares 0-3 Month Treasury B New 0.16% +0.16
FITE SS SPDR S&P Kensho FS ETF Add +0.4% 7.48% +0.15
IWM iShares Russell 2000 ETF Add +9.0% 1.52% +0.14
SHOP Shopify Inc. Class A New 0.14% +0.14
WMT Walmart Inc. New 0.13% +0.13
NSC Norfolk Southern Corp. New 0.13% +0.13
KOMP SS SPDR S&P Kensho Ne Comp New 0.13% +0.13
JNJ Johnson & Johnson Add +47.1% 0.34% +0.13
IYW iShares Ustechnology ETF New 0.13% +0.13
EFA iShares MSCI Eafe ETF Add +28.8% 0.70% +0.12
TSM Taiwan Semiconductor-SP ADR New 0.11% +0.11
GLDM SPDR Gold Minishares Trust Add +15.9% 0.61% +0.11
FTLS First Trust Long/Short Eqty Add +14.1% 1.19% +0.10
JSCP JPMorgan Short Duration Core Add +3.8% 0.79% +0.09
RDVY First Trust Rising Dividend Add +5.0% 4.21% +0.07
ABBV Abbvie Inc. Add +2.6% 0.35% +0.05
LOW Lowe's Cos Inc. Add +20.8% 0.21% +0.04
AVGO Broadcom Inc. Add +8.6% 0.27% +0.04
JHMM John Hancock Multi Fact Mid Add +6.3% 2.12% +0.03
NLR Vaneck Urani & Nuclr ETF-Usd Add +8.4% 0.20% +0.03
VONG Vanguard Russell 1000 Growth Add +1.3% 3.39% +0.03
IDV iShares International Select Add +11.4% 0.23% +0.01
LDOS Leidos Holdings Inc. Add +0.1% 0.16% +0.01
IWN iShares Russell 2000 Value E Add +0.0% 0.78% +0.01
MS Morgan Stanley Add +3.8% 0.17% +0.01
ACWI iShares MSCI Acwi ETF Add +9.1% 0.15% +0.01
SDVY First Trust Smid Cap Rising Add +4.8% 0.31% +0.01
UNH Unitedhealth Group Inc. Add +2.9% 0.17% +0.00
EEM iShares MSCI Emerging Market Add +2.4% 0.19% +0.00
BAC Bank of America Corp. Add +3.3% 0.22% +0.00
HSY The Hershey Co. Add +0.5% 0.16% +0.00
NEE Nextera Energy Inc. Add +1.3% 0.20% −0.00
ETN Eaton Corp. PLC Add +3.8% 0.13% −0.00
WFC Wells Fargo & Co. Add +4.5% 0.18% −0.00
PEP Pepsico Inc. Add +2.2% 0.16% −0.00
AXP American Express Co. Add +3.7% 0.14% −0.00
JPM JPMorgan Chase & Co. Add +0.3% 0.26% −0.00
TFC Truist Financial Corp. Add +0.9% 0.16% −0.01
SO The Southern Co. Add +3.3% 0.15% −0.01
MCD McDonald's Corp. Add +2.2% 0.14% −0.01
MTB M & T Bank Corp. Add +0.3% 0.14% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +1.3% 0.88% −0.01
XOM Exxon Mobil Corp. Add +0.3% 0.24% −0.01
IEI iShares 3-7 Year Treasury Bo Add +0.4% 0.16% −0.02

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