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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), L.K. Benson & Company, P.C. reported 99 stock positions worth $162.8 million. Its top holding was T Rowe Price (TROW) at 19.2% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 6.2%) and VG Morningstar TS MKT ETF-US (VTI, 4.6%). Compared with Q1 2025, it opened 4 new positions, sold out of 3, added to 56 and reduced 24. The biggest buy was Alpha Architect Tail Risk (CAOS, shares +67%) and the biggest sale an exit from Procter & Gamble (PG).

Most Recent 13F
Q2 2026
Location
TIMONIUM, MD
CIK
0002055235
Portfolio Value
$162.8M (Q2 2025)
SEC Filing
0001085146-25-004077 ↗ filed Jul 23, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q4 2024: $141.9M Q4 2024 Q1 2025: $144.4M Q1 2025 Q2 2025: $162.8M $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 99 stocks · $162.8M
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 19.23% 324,512 $31.3M Add +0.2%
VXUS Vanguard Total Intl Stock 6.24% 147,005 $10.2M Add +9.0%
VTI VG Morningstar TS MKT ETF-US 4.60% 24,638 $7.5M Add +10.5%
HIDE Alpha Arc High Inf & Def ETF 4.00% 286,047 $6.5M Add +30.5%
BND Vanguard Total Bond Market 3.92% 86,793 $6.4M Add +23.5%
SCHF Schwab Intl Equity ETF 3.73% 275,051 $6.1M Reduce -0.2%
DFUS Dimensional US Eq MKT ETF 2.24% 54,499 $3.7M Reduce -0.0%
VXF Vanguard Extended Market ETF 2.06% 17,428 $3.4M Add +2.6%
DFIV Dimensional International Va 2.00% 76,164 $3.3M Add +1.1%
VTV Vanguard Mrngstr Val ETF-Aui 1.98% 18,277 $3.2M Reduce -1.3%
SCHR Schwab Intermediate-Term US 1.91% 124,441 $3.1M Add +26.8%
CAOS Alpha Architect Tail Risk 1.90% 34,741 $3.1M Add +67.0%
VOO Vanguard S&P 500 ETF 1.85% 5,299 $3.0M Add +18.3%
VTEB Vanguard Tax-Exempt Bond ETF 1.78% 59,135 $2.9M Add +30.4%
AVUV Avantis US Small Cap Value 1.71% 30,577 $2.8M Add +1.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.62% 9,250 $2.6M Add +3.4%
SCHA Schwab US Small-Cap ETF 1.38% 89,064 $2.3M Add +0.1%
IVV iShares Core S&P 500 ETF 1.38% 3,628 $2.3M Add +39.8%
AVDE Avantis International Equity 1.38% 30,268 $2.2M Reduce -1.3%
SCHX Schwab US Large-Cap ETF 1.28% 85,005 $2.1M Add +0.3%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.18% 48,023 $1.9M Reduce -1.4%
AGG iShares Core U.S. Aggregate 1.14% 18,630 $1.8M Reduce -4.1%
VT Vanguard Tot World STK ETF 0.98% 12,410 $1.6M Add +2.4%
SUB iShares Short-Term National 0.95% 14,505 $1.5M Add +0.8%
SCHP Schwab U.S. Tips ETF 0.94% 57,520 $1.5M Add +30.1%
AVEM Avantis Emerging Markets Eq 0.91% 21,564 $1.5M Add +1.0%
DFLV Dim US Large Cap Value ETF 0.91% 47,542 $1.5M Add +0.5%
BSV Vanguard Short-Term Bond ETF 0.83% 17,258 $1.4M Add +15.5%
AVDV Avantis Intl S/C Value ETF 0.79% 16,170 $1.3M Reduce -0.5%
AVIG Avantis Core Fixed Income 0.78% 30,537 $1.3M Reduce -20.9%
VNQ Vanguard Real Estate ETF 0.76% 13,889 $1.2M Reduce -1.4%
WMT Walmart Inc. 0.73% 12,225 $1.2M No change
VEA Vanguard Ftse Developed ETF 0.69% 19,834 $1.1M Add +26.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.69% 5,769 $1.1M Add +29.0%
AVMU Avantis Core Municipal Fixed 0.68% 24,673 $1.1M Reduce -21.0%
SCHB Schwab US Broad Market ETF 0.65% 44,715 $1.1M Add +0.4%
SCHE Schwab Emrg Mrkts Eqty ETF 0.64% 34,440 $1.0M Add +0.1%
ITOT iShares Core S&P Total U.S. 0.64% 7,681 $1.0M Add +1.9%
DFAT Dimensional US Target Value 0.58% 17,546 $947K Reduce -5.1%
VB Vanguard Most SM-Cap ETF-Usd 0.55% 3,784 $897K Reduce -0.6%
VCRM Vanguard Core Tax-Ex Bond 0.55% 12,118 $892K New
QVAL Alpha Arch US QNT Value ETF 0.54% 20,118 $885K Add +38.8%
VTIP Vanguard Short-Term Tips 0.54% 17,395 $874K Add +0.2%
QMOM Alpha US Quant Mom ETF 0.53% 13,357 $868K Add +46.9%
MUB iShares National Muni Bond E 0.53% 8,200 $857K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.53% 2,900 $855K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.50% 1,324 $818K No change
FLOT iShares Floating Rate Bond E 0.49% 15,785 $805K Reduce -1.9%
SMMD iShares Russell 2500 ETF 0.49% 11,730 $795K Add +0.8%
MSFT Microsoft Corp. 0.49% 1,592 $792K No change
VWO Vanguard Ftse Emerging Marke 0.47% 15,540 $769K Reduce -3.3%
AAPL Apple Inc. 0.47% 3,720 $763K No change
BNDX Vanguard Total Intl Bond ETF 0.44% 14,611 $723K Add +19.8%
SMMU PIMCO SHRT TRM Muni BND ETF 0.43% 14,029 $704K Add +0.3%
VGSH Vanguard Short-Term Treasury 0.40% 11,212 $659K Add +0.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.40% 26,530 $651K Add +0.6%
FALN iShares Fallen Angels ETF 0.39% 23,628 $641K Add +1.2%
VCRB Vanguard Core Bond ETF 0.36% 7,595 $589K Add +36.4%
VIG Vanguard Dividend Apprec ETF 0.35% 2,819 $577K Reduce -16.9%
FRDM Freedom 100 Emeging MRKT ETF 0.35% 14,206 $574K Add +17.0%
BBCA JPMorgan Betabuilders Canada 0.35% 7,000 $565K No change
AVUS Avantis U.S. Equity ETF 0.34% 5,536 $558K Add +1.0%
BOND PIMCO Active Bond Exchange-T 0.34% 5,948 $548K Add +24.8%
BRK.B Berkshire Hathaway Inc. Class B 0.32% 1,080 $525K Reduce -11.7%
VTES Vanguard SH Term Tax-Ex Bond 0.31% 5,034 $508K Add +0.5%
SHM SS SPDR N Ice St Muni ETF 0.31% 10,505 $502K Reduce -23.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.30% 1,762 $493K Reduce -4.4%
BGC BGC Group Inc. Class A 0.30% 47,142 $482K Reduce -15.2%
XOM Exxon Mobil Corp. 0.29% 4,359 $470K Add +37.4%
IWP iShares Russell Mid-Cap Grow 0.28% 3,311 $459K No change
IVAL Alpha Archi Intl QT Vlu ETF 0.27% 16,047 $447K Add +32.8%
AMLP Alerian MLP ETF 0.27% 8,866 $433K Add +3.9%
SHY iShares 1-3 Year Treasury Bo 0.26% 5,152 $427K Add +0.1%
IMOM Alpha Intl Quant Mom ETF 0.26% 12,550 $426K Add +31.8%
BOXX Alpha Architect 1-3 MNTH Box 0.25% 3,574 $403K Add +2.7%
VYM Vanguard High DVD Yield ETF 0.23% 2,870 $383K Add +4.3%
SCHO Schwab Short-Term US Treas 0.22% 14,693 $358K Add +1.1%
ABBV Abbvie Inc. 0.22% 1,902 $353K Reduce -2.6%
ABT Abbott Laboratories 0.21% 2,564 $349K Reduce -11.1%
NMRK Newmark Group Inc. Class A 0.21% 27,704 $337K No change
GLD SPDR Gold Shares 0.21% 1,098 $335K Reduce -12.1%
DFAE Dimensional Emerging Core Eq 0.20% 11,476 $332K Add +0.8%
LRGF iShares US Equity Factor ETF 0.20% 4,958 $318K Add +0.1%
DFAU Dimensional US Core Equity M 0.18% 6,995 $296K Reduce -2.7%
TBUX T Rowe Price Ultra Short-Ter 0.17% 5,571 $277K No change
KO The Coca-Cola Co. 0.17% 3,914 $277K No change
RLY SS Multi-Asset Real Ret ETF 0.16% 9,132 $266K Add +0.4%
FTLS First Trust Long/Short Eqty 0.15% 3,791 $251K No change
SGOV iShares 0-3 Month Treasury B 0.15% 2,468 $248K New
DFAI Dimensional International Co. 0.15% 7,011 $242K Add +8.0%
DFSV Dimensional US Small Cap Val 0.15% 8,197 $241K Add +8.0%
MUNI PIMCO Intermediate Municipal 0.15% 4,673 $240K Add +0.8%
GOOG Alphabet Inc. Class C 0.15% 1,338 $237K No change
JNJ Johnson & Johnson 0.14% 1,516 $232K No change
BA The Boeing Co. 0.14% 1,087 $228K New
EFA iShares MSCI Eafe ETF 0.14% 2,542 $227K No change
AMZN Amazon.com Inc. 0.13% 983 $216K New
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 485 $213K Reduce -22.6%
HYT BlackRock Corp. Hi YLD 0.08% 14,035 $137K Add +12.3%

Portfolio Sells Q1 2025 → Q2 2025
PG The Procter & Gamble Co. Sold out 0.00% −0.36
AVIG Avantis Core Fixed Income Reduce -20.9% 0.78% −0.33
AVMU Avantis Core Municipal Fixed Reduce -21.0% 0.68% −0.31
MKL Markel Group Inc. Sold out 0.00% −0.29
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.3% 1.98% −0.23
AGG iShares Core U.S. Aggregate Reduce -4.1% 1.14% −0.20
XLE SS Energy Select Sector Sold out 0.00% −0.15
SHM SS SPDR N Ice St Muni ETF Reduce -23.0% 0.31% −0.14
BRK.B Berkshire Hathaway Inc. Class B Reduce -11.7% 0.32% −0.13
VNQ Vanguard Real Estate ETF Reduce -1.4% 0.76% −0.12
VIG Vanguard Dividend Apprec ETF Reduce -16.9% 0.35% −0.10
DFAT Dimensional US Target Value Reduce -5.1% 0.58% −0.08
FLOT iShares Floating Rate Bond E Reduce -1.9% 0.49% −0.07
ABBV Abbvie Inc. Reduce -2.6% 0.22% −0.07
BGC BGC Group Inc. Class A Reduce -15.2% 0.30% −0.06
ABT Abbott Laboratories Reduce -11.1% 0.21% −0.05
GLD SPDR Gold Shares Reduce -12.1% 0.21% −0.04
SCHF Schwab Intl Equity ETF Reduce -0.2% 3.73% −0.04
DFUS Dimensional US Eq MKT ETF Reduce -0.0% 2.24% −0.04
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -1.4% 1.18% −0.04
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.6% 0.55% −0.03
AVDE Avantis International Equity Reduce -1.3% 1.38% −0.03
VWO Vanguard Ftse Emerging Marke Reduce -3.3% 0.47% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -22.6% 0.13% −0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -4.4% 0.30% −0.03
DFAU Dimensional US Core Equity M Reduce -2.7% 0.18% −0.01
AVDV Avantis Intl S/C Value ETF Reduce -0.5% 0.79% +0.00

Portfolio Buys Q1 2025 → Q2 2025
CAOS Alpha Architect Tail Risk Add +67.0% 1.90% +0.63
VCRM Vanguard Core Tax-Ex Bond New 0.55% +0.55
HIDE Alpha Arc High Inf & Def ETF Add +30.5% 4.00% +0.54
VXUS Vanguard Total Intl Stock Add +9.0% 6.24% +0.44
IVV iShares Core S&P 500 ETF Add +39.8% 1.38% +0.37
VTI VG Morningstar TS MKT ETF-US Add +10.5% 4.60% +0.35
BND Vanguard Total Bond Market Add +23.5% 3.92% +0.35
VOO Vanguard S&P 500 ETF Add +18.3% 1.85% +0.25
SCHR Schwab Intermediate-Term US Add +26.8% 1.91% +0.22
VTEB Vanguard Tax-Exempt Bond ETF Add +30.4% 1.78% +0.22
QMOM Alpha US Quant Mom ETF Add +46.9% 0.53% +0.16
SGOV iShares 0-3 Month Treasury B New 0.15% +0.15
VEA Vanguard Ftse Developed ETF Add +26.3% 0.69% +0.14
BA The Boeing Co. New 0.14% +0.14
MTB M & T Bank Corp. Add +29.0% 0.69% +0.13
AMZN Amazon.com Inc. New 0.13% +0.13
SCHP Schwab U.S. Tips ETF Add +30.1% 0.94% +0.12
QVAL Alpha Arch US QNT Value ETF Add +38.8% 0.54% +0.12
IMOM Alpha Intl Quant Mom ETF Add +31.8% 0.26% +0.08
VCRB Vanguard Core Bond ETF Add +36.4% 0.36% +0.06
IVAL Alpha Archi Intl QT Vlu ETF Add +32.8% 0.27% +0.06
FRDM Freedom 100 Emeging MRKT ETF Add +17.0% 0.35% +0.06
VXF Vanguard Extended Market ETF Add +2.6% 2.06% +0.04
BNDX Vanguard Total Intl Bond ETF Add +19.8% 0.44% +0.03
BOND PIMCO Active Bond Exchange-T Add +24.8% 0.34% +0.03
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +3.4% 1.62% +0.03
XOM Exxon Mobil Corp. Add +37.4% 0.29% +0.03
BSV Vanguard Short-Term Bond ETF Add +15.5% 0.83% +0.02
AVEM Avantis Emerging Markets Eq Add +1.0% 0.91% +0.02
DFAI Dimensional International Co. Add +8.0% 0.15% +0.01
VT Vanguard Tot World STK ETF Add +2.4% 0.98% +0.01
HYT BlackRock Corp. Hi YLD Add +12.3% 0.08% +0.00
DFSV Dimensional US Small Cap Val Add +8.0% 0.15% +0.00
ITOT iShares Core S&P Total U.S. Add +1.9% 0.64% +0.00
DFAE Dimensional Emerging Core Eq Add +0.8% 0.20% −0.00
LRGF iShares US Equity Factor ETF Add +0.1% 0.20% −0.00
AVUS Avantis U.S. Equity ETF Add +1.0% 0.34% −0.01
SCHB Schwab US Broad Market ETF Add +0.4% 0.65% −0.01
VYM Vanguard High DVD Yield ETF Add +4.3% 0.23% −0.01
SMMD iShares Russell 2500 ETF Add +0.8% 0.49% −0.02
RLY SS Multi-Asset Real Ret ETF Add +0.4% 0.16% −0.02
MUNI PIMCO Intermediate Municipal Add +0.8% 0.15% −0.02
SCHE Schwab Emrg Mrkts Eqty ETF Add +0.1% 0.64% −0.02
SCHX Schwab US Large-Cap ETF Add +0.3% 1.28% −0.02
BOXX Alpha Architect 1-3 MNTH Box Add +2.7% 0.25% −0.02
SCHO Schwab Short-Term US Treas Add +1.1% 0.22% −0.03
FNDX Schwab Fndmntl US LRG Co. ETF Add +0.6% 0.40% −0.03
SHY iShares 1-3 Year Treasury Bo Add +0.1% 0.26% −0.03
VTES Vanguard SH Term Tax-Ex Bond Add +0.5% 0.31% −0.04
FALN iShares Fallen Angels ETF Add +1.2% 0.39% −0.04

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