L.K. Benson & Company, P.C.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), L.K. Benson & Company, P.C. reported 98 stock positions worth $144.4 million. Its top holding was T Rowe Price (TROW) at 20.6% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 5.8%) and VG Morningstar TS MKT ETF-US (VTI, 4.2%). Compared with Q4 2024, it opened 5 new positions, sold out of 2, added to 54 and reduced 23. The biggest buy was Alpha Arc High Inf & Def ETF (HIDE, shares +41%) and the biggest sale T Rowe Price (TROW, shares −0%).

Most Recent 13F
Q2 2026
Location
TIMONIUM, MD
CIK
0002055235
Portfolio Value
$144.4M (Q1 2025)
SEC Filing
0001085146-25-002346 ↗ filed Apr 25, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q4 2024: $141.9M Q4 2024 Q1 2025: $144.4M $144.4M Q1 2025 Q2 2025: $162.8M Q2 2025 Q3 2025: $185.5M Q3 2025 Q4 2025: $199.3M Q4 2025 Q1 2026: $302.5M Q1 2026 Q2 2026: $331.5M Q2 2026

Holdings 98 stocks · $144.4M
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 20.61% 323,945 $29.8M Reduce -0.0%
VXUS Vanguard Total Intl Stock 5.80% 134,908 $8.4M Add +10.1%
VTI VG Morningstar TS MKT ETF-US 4.24% 22,303 $6.1M Add +16.5%
SCHF Schwab Intl Equity ETF 3.78% 275,648 $5.5M Reduce -0.6%
BND Vanguard Total Bond Market 3.57% 70,255 $5.2M Add +26.8%
HIDE Alpha Arc High Inf & Def ETF 3.46% 219,127 $5.0M Add +40.9%
DFUS Dimensional US Eq MKT ETF 2.28% 54,502 $3.3M Reduce -3.9%
VTV Vanguard Mrngstr Val ETF-Aui 2.21% 18,511 $3.2M Reduce -8.5%
DFIV Dimensional International Va 2.05% 75,330 $3.0M Add +1.1%
VXF Vanguard Extended Market ETF 2.03% 16,992 $2.9M Reduce -1.4%
AVUV Avantis US Small Cap Value 1.81% 30,050 $2.6M Reduce -1.3%
SCHR Schwab Intermediate-Term US 1.69% 98,135 $2.4M Add +61.8%
VOO Vanguard S&P 500 ETF 1.59% 4,481 $2.3M Add +0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.59% 8,950 $2.3M Add +3.6%
VTEB Vanguard Tax-Exempt Bond ETF 1.56% 45,356 $2.3M Add +12.3%
SCHA Schwab US Small-Cap ETF 1.44% 88,949 $2.1M Add +0.1%
AVDE Avantis International Equity 1.41% 30,662 $2.0M Reduce -3.2%
AGG iShares Core U.S. Aggregate 1.33% 19,430 $1.9M Add +0.3%
SCHX Schwab US Large-Cap ETF 1.30% 84,744 $1.9M Reduce -0.3%
CAOS Alpha Architect Tail Risk 1.27% 20,797 $1.8M Add +85.4%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.22% 48,697 $1.8M Reduce -0.9%
AVIG Avantis Core Fixed Income 1.11% 38,624 $1.6M Add +0.3%
SUB iShares Short-Term National 1.05% 14,385 $1.5M Reduce -3.0%
IVV iShares Core S&P 500 ETF 1.01% 2,595 $1.5M Add +129.8%
DFLV Dim US Large Cap Value ETF 1.00% 47,321 $1.4M Add +0.4%
AVMU Avantis Core Municipal Fixed 0.98% 31,215 $1.4M Add +0.3%
VT Vanguard Tot World STK ETF 0.97% 12,125 $1.4M Add +4.8%
AVEM Avantis Emerging Markets Eq 0.89% 21,357 $1.3M Add +0.2%
VNQ Vanguard Real Estate ETF 0.88% 14,087 $1.3M Reduce -0.0%
SCHP Schwab U.S. Tips ETF 0.82% 44,199 $1.2M Reduce -15.9%
BSV Vanguard Short-Term Bond ETF 0.81% 14,942 $1.2M Add +91.8%
AVDV Avantis Intl S/C Value ETF 0.78% 16,251 $1.1M Reduce -0.0%
WMT Walmart Inc. 0.74% 12,225 $1.1M No change
SCHB Schwab US Broad Market ETF 0.66% 44,542 $959K Add +1.5%
DFAT Dimensional US Target Value 0.66% 18,482 $952K Add +0.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.66% 34,413 $949K Reduce -0.8%
ITOT iShares Core S&P Total U.S. 0.64% 7,539 $920K Add +2.3%
VTIP Vanguard Short-Term Tips 0.60% 17,362 $866K No change
MUB iShares National Muni Bond E 0.60% 8,200 $865K No change
VB Vanguard Most SM-Cap ETF-Usd 0.58% 3,806 $844K Reduce -3.8%
AAPL Apple Inc. 0.57% 3,720 $826K Add +14.7%
FLOT iShares Floating Rate Bond E 0.57% 16,094 $822K Reduce -3.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.55% 4,473 $800K Add +0.8%
VEA Vanguard Ftse Developed ETF 0.55% 15,703 $798K Add +133.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.51% 1,324 $741K No change
SMMD iShares Russell 2500 ETF 0.50% 11,637 $728K Add +0.4%
VWO Vanguard Ftse Emerging Marke 0.50% 16,064 $727K Add +2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.50% 2,900 $721K No change
SMMU PIMCO SHRT TRM Muni BND ETF 0.48% 13,992 $700K Add +0.3%
VIG Vanguard Dividend Apprec ETF 0.46% 3,391 $658K Add +0.1%
VGSH Vanguard Short-Term Treasury 0.45% 11,131 $653K Add +0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.45% 1,223 $651K Add +2.0%
SHM SS SPDR N Ice St Muni ETF 0.45% 13,648 $650K Add +0.0%
FALN iShares Fallen Angels ETF 0.43% 23,344 $625K Add +0.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.43% 26,360 $622K Reduce -0.0%
QVAL Alpha Arch US QNT Value ETF 0.43% 14,494 $618K Add +88.0%
MSFT Microsoft Corp. 0.41% 1,592 $598K Add +17.3%
BNDX Vanguard Total Intl Bond ETF 0.41% 12,196 $595K Reduce -2.0%
QMOM Alpha US Quant Mom ETF 0.37% 9,094 $540K Add +116.8%
PG The Procter & Gamble Co. 0.36% 3,022 $515K Add +71.7%
BGC BGC Group Inc. Class A 0.35% 55,603 $510K Reduce -9.7%
AVUS Avantis U.S. Equity ETF 0.35% 5,483 $506K Add +0.3%
VTES Vanguard SH Term Tax-Ex Bond 0.35% 5,010 $504K Add +0.1%
BBCA JPMorgan Betabuilders Canada 0.35% 7,000 $501K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.33% 1,843 $476K Add +0.4%
AMLP Alerian MLP ETF 0.31% 8,537 $443K Add +6.6%
BOND PIMCO Active Bond Exchange-T 0.31% 4,768 $441K Add +0.1%
VCRB Vanguard Core Bond ETF 0.30% 5,568 $431K Add +36.7%
SHY iShares 1-3 Year Treasury Bo 0.29% 5,147 $426K Reduce -9.1%
FRDM Freedom 100 Emeging MRKT ETF 0.29% 12,139 $426K Add +36.2%
MKL Markel Group Inc. 0.29% 221 $413K Add +51.4%
ABBV Abbvie Inc. 0.28% 1,952 $409K No change
IWP iShares Russell Mid-Cap Grow 0.27% 3,311 $389K Reduce -13.2%
BOXX Alpha Architect 1-3 MNTH Box 0.27% 3,481 $388K Add +33.9%
ABT Abbott Laboratories 0.27% 2,885 $383K No change
XOM Exxon Mobil Corp. 0.26% 3,173 $377K No change
GLD SPDR Gold Shares 0.25% 1,249 $360K Reduce -25.8%
VYM Vanguard High DVD Yield ETF 0.25% 2,751 $355K Add +7.0%
SCHO Schwab Short-Term US Treas 0.25% 14,541 $354K Add +0.5%
NMRK Newmark Group Inc. Class A 0.23% 27,704 $337K Reduce -10.9%
IVAL Alpha Archi Intl QT Vlu ETF 0.21% 12,086 $309K New
DFAE Dimensional Emerging Core Eq 0.20% 11,389 $295K Add +0.2%
LRGF iShares US Equity Factor ETF 0.20% 4,951 $287K Add +0.1%
KO The Coca-Cola Co. 0.19% 3,914 $280K No change
TBUX T Rowe Price Ultra Short-Ter 0.19% 5,571 $277K No change
DFAU Dimensional US Core Equity M 0.19% 7,187 $276K Add +0.1%
IMOM Alpha Intl Quant Mom ETF 0.19% 9,523 $269K New
RLY SS Multi-Asset Real Ret ETF 0.18% 9,098 $260K No change
JNJ Johnson & Johnson 0.17% 1,516 $251K No change
FTLS First Trust Long/Short Eqty 0.17% 3,791 $243K No change
MUNI PIMCO Intermediate Municipal 0.17% 4,635 $239K Add +0.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.16% 627 $232K No change
XLE SS Energy Select Sector 0.15% 2,344 $219K No change
DFSV Dimensional US Small Cap Val 0.15% 7,588 $214K Add +11.1%
GOOG Alphabet Inc. Class C 0.14% 1,338 $209K Add +13.4%
EFA iShares MSCI Eafe ETF 0.14% 2,542 $208K New
DFAI Dimensional International Co. 0.14% 6,491 $203K New
HYT BlackRock Corp. Hi YLD 0.08% 12,495 $120K New

Portfolio Sells Q4 2024 → Q1 2025
TROW T Rowe Price Group Inc. Reduce -0.0% 20.61% −5.22
VXF Vanguard Extended Market ETF Reduce -1.4% 2.03% −0.28
DFUS Dimensional US Eq MKT ETF Reduce -3.9% 2.28% −0.27
AVUV Avantis US Small Cap Value Reduce -1.3% 1.81% −0.26
VTV Vanguard Mrngstr Val ETF-Aui Reduce -8.5% 2.21% −0.20
MRK Merck & Co. Inc. Sold out 0.00% −0.15
SCHZ Schwab US Aggregate Bond ETF Sold out 0.00% −0.15
SCHP Schwab U.S. Tips ETF Reduce -15.9% 0.82% −0.13
SCHX Schwab US Large-Cap ETF Reduce -0.3% 1.30% −0.09
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.8% 0.58% −0.09
IWP iShares Russell Mid-Cap Grow Reduce -13.2% 0.27% −0.07
SUB iShares Short-Term National Reduce -3.0% 1.05% −0.05
NMRK Newmark Group Inc. Class A Reduce -10.9% 0.23% −0.05
BGC BGC Group Inc. Class A Reduce -9.7% 0.35% −0.04
GLD SPDR Gold Shares Reduce -25.8% 0.25% −0.04
SHY iShares 1-3 Year Treasury Bo Reduce -9.1% 0.29% −0.03
FLOT iShares Floating Rate Bond E Reduce -3.3% 0.57% −0.03
BNDX Vanguard Total Intl Bond ETF Reduce -2.0% 0.41% −0.02
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -0.0% 0.43% −0.01
VNQ Vanguard Real Estate ETF Reduce -0.0% 0.88% −0.00
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -0.8% 0.66% +0.01
AVDE Avantis International Equity Reduce -3.2% 1.41% +0.04
AVDV Avantis Intl S/C Value ETF Reduce -0.0% 0.78% +0.04
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -0.9% 1.22% +0.07
SCHF Schwab Intl Equity ETF Reduce -0.6% 3.78% +0.16

Portfolio Buys Q4 2024 → Q1 2025
HIDE Alpha Arc High Inf & Def ETF Add +40.9% 3.46% +1.02
BND Vanguard Total Bond Market Add +26.8% 3.57% +0.77
VXUS Vanguard Total Intl Stock Add +10.1% 5.80% +0.71
SCHR Schwab Intermediate-Term US Add +61.8% 1.69% +0.65
CAOS Alpha Architect Tail Risk Add +85.4% 1.27% +0.57
IVV iShares Core S&P 500 ETF Add +129.8% 1.01% +0.54
BSV Vanguard Short-Term Bond ETF Add +91.8% 0.81% +0.39
VTI VG Morningstar TS MKT ETF-US Add +16.5% 4.24% +0.33
VEA Vanguard Ftse Developed ETF Add +133.1% 0.55% +0.33
IVAL Alpha Archi Intl QT Vlu ETF New 0.21% +0.21
DFIV Dimensional International Va Add +1.1% 2.05% +0.19
IMOM Alpha Intl Quant Mom ETF New 0.19% +0.19
QVAL Alpha Arch US QNT Value ETF Add +88.0% 0.43% +0.19
QMOM Alpha US Quant Mom ETF Add +116.8% 0.37% +0.18
PG The Procter & Gamble Co. Add +71.7% 0.36% +0.15
EFA iShares MSCI Eafe ETF New 0.14% +0.14
DFAI Dimensional International Co. New 0.14% +0.14
VTEB Vanguard Tax-Exempt Bond ETF Add +12.3% 1.56% +0.13
MKL Markel Group Inc. Add +51.4% 0.29% +0.11
FRDM Freedom 100 Emeging MRKT ETF Add +36.2% 0.29% +0.09
HYT BlackRock Corp. Hi YLD New 0.08% +0.08
VCRB Vanguard Core Bond ETF Add +36.7% 0.30% +0.08
BRK.B Berkshire Hathaway Inc. Class B Add +2.0% 0.45% +0.07
BOXX Alpha Architect 1-3 MNTH Box Add +33.9% 0.27% +0.07
AMLP Alerian MLP ETF Add +6.6% 0.31% +0.04
VWO Vanguard Ftse Emerging Marke Add +2.4% 0.50% +0.02
VT Vanguard Tot World STK ETF Add +4.8% 0.97% +0.02
VYM Vanguard High DVD Yield ETF Add +7.0% 0.25% +0.01
MSFT Microsoft Corp. Add +17.3% 0.41% +0.01
AGG iShares Core U.S. Aggregate Add +0.3% 1.33% +0.01
AVEM Avantis Emerging Markets Eq Add +0.2% 0.89% +0.01
AVIG Avantis Core Fixed Income Add +0.3% 1.11% +0.01
DFLV Dim US Large Cap Value ETF Add +0.4% 1.00% +0.00
BOND PIMCO Active Bond Exchange-T Add +0.1% 0.31% +0.00
DFAE Dimensional Emerging Core Eq Add +0.2% 0.20% +0.00
AAPL Apple Inc. Add +14.7% 0.57% 0.00
DFSV Dimensional US Small Cap Val Add +11.1% 0.15% −0.00
SCHO Schwab Short-Term US Treas Add +0.5% 0.25% −0.00
VGSH Vanguard Short-Term Treasury Add +0.5% 0.45% −0.00
MUNI PIMCO Intermediate Municipal Add +0.8% 0.17% −0.00
FALN iShares Fallen Angels ETF Add +0.7% 0.43% −0.00
VTES Vanguard SH Term Tax-Ex Bond Add +0.1% 0.35% −0.01
SMMU PIMCO SHRT TRM Muni BND ETF Add +0.3% 0.48% −0.01
SHM SS SPDR N Ice St Muni ETF Add +0.0% 0.45% −0.01
LRGF iShares US Equity Factor ETF Add +0.1% 0.20% −0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.4% 0.33% −0.01
VIG Vanguard Dividend Apprec ETF Add +0.1% 0.46% −0.01
GOOG Alphabet Inc. Class C Add +13.4% 0.14% −0.01
DFAU Dimensional US Core Equity M Add +0.1% 0.19% −0.01
AVUS Avantis U.S. Equity ETF Add +0.3% 0.35% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$331.5MTROW, VXUS, HIDE, VTI, BND
Q1 2026 113$302.5MTROW, VXUS, HIDE, VTI, BND
Q4 2025 112$199.3MTROW, VXUS, HIDE, VTI, BND
Q3 2025 106$185.5MTROW, VXUS, VTI, HIDE, BND
Q2 2025 99$162.8MTROW, VXUS, VTI, HIDE, BND
Q1 2025 98$144.4MTROW, VXUS, VTI, SCHF, BND
Q4 2024 95$141.9MTROW, VXUS, VTI, SCHF, BND