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

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), L.K. Benson & Company, P.C. reported 106 stock positions worth $185.5 million. Its top holding was T Rowe Price (TROW) at 17.5% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 6.4%) and VG Morningstar TS MKT ETF-US (VTI, 4.3%). Compared with Q2 2025, it opened 8 new positions, sold out of 1, added to 55 and reduced 23. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +70%) and the biggest sale T Rowe Price (TROW, shares −3%).

Most Recent 13F
Q2 2026
Location
TIMONIUM, MD
CIK
0002055235
Portfolio Value
$185.5M (Q3 2025)
SEC Filing
0002055235-25-000002 ↗ filed Nov 5, 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 Q2 2025 Q3 2025: $185.5M $185.5M Q3 2025 Q4 2025: $199.3M Q4 2025 Q1 2026: $302.5M Q1 2026 Q2 2026: $331.5M Q2 2026

Holdings 106 stocks · $185.5M
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 17.47% 315,841 $32.4M Reduce -2.7%
VXUS Vanguard Total Intl Stock 6.37% 160,827 $11.8M Add +9.4%
VTI VG Morningstar TS MKT ETF-US 4.27% 24,117 $7.9M Reduce -2.1%
HIDE Alpha Arc High Inf & Def ETF 4.14% 331,638 $7.7M Add +15.9%
BND Vanguard Total Bond Market 3.88% 96,669 $7.2M Add +11.4%
SCHF Schwab Intl Equity ETF 3.46% 275,481 $6.4M Add +0.2%
VOO Vanguard S&P 500 ETF 2.97% 8,997 $5.5M Add +69.8%
IVV iShares Core S&P 500 ETF 2.45% 6,788 $4.5M Add +87.1%
VXF Vanguard Extended Market ETF 2.35% 20,794 $4.4M Add +19.3%
CAOS Alpha Architect Tail Risk 2.18% 45,151 $4.0M Add +30.0%
SCHR Schwab Intermediate-Term US 2.14% 158,267 $4.0M Add +27.2%
DFUS Dimensional US Eq MKT ETF 2.13% 54,585 $4.0M Add +0.2%
VTEB Vanguard Tax-Exempt Bond ETF 1.96% 72,673 $3.6M Add +22.9%
DFIV Dimensional International Va 1.90% 76,605 $3.5M Add +0.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.68% 10,133 $3.1M Add +9.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.68% 16,692 $3.1M Reduce -8.7%
AVUV Avantis US Small Cap Value 1.61% 29,941 $3.0M Reduce -2.1%
SCHA Schwab US Small-Cap ETF 1.34% 88,802 $2.5M Reduce -0.3%
AVDE Avantis International Equity 1.29% 30,320 $2.4M Add +0.2%
SCHX Schwab US Large-Cap ETF 1.22% 85,661 $2.3M Add +0.8%
AGG iShares Core U.S. Aggregate 1.12% 20,688 $2.1M Add +11.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.11% 47,947 $2.1M Reduce -0.2%
VT Vanguard Tot World STK ETF 0.88% 11,783 $1.6M Reduce -5.0%
AVIG Avantis Core Fixed Income 0.86% 38,096 $1.6M Add +24.8%
SUB iShares Short-Term National 0.86% 14,926 $1.6M Add +2.9%
DFLV Dim US Large Cap Value ETF 0.85% 47,755 $1.6M Add +0.5%
AVEM Avantis Emerging Markets Eq 0.84% 20,807 $1.6M Reduce -3.5%
VEA Vanguard Ftse Developed ETF 0.78% 24,092 $1.4M Add +21.5%
AVDV Avantis Intl S/C Value ETF 0.77% 15,984 $1.4M Reduce -1.1%
SCHP Schwab U.S. Tips ETF 0.77% 52,793 $1.4M Reduce -8.2%
BSV Vanguard Short-Term Bond ETF 0.73% 17,087 $1.3M Reduce -1.0%
VNQ Vanguard Real Estate ETF 0.68% 13,860 $1.3M Reduce -0.2%
AAUS Alpha Architect US Eqy ETF 0.68% 23,439 $1.3M New
WMT Walmart Inc. 0.68% 12,225 $1.3M No change
DFAT Dimensional US Target Value 0.63% 20,172 $1.2M Add +15.0%
SCHB Schwab US Broad Market ETF 0.63% 45,285 $1.2M Add +1.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.62% 5,782 $1.1M Add +0.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.61% 34,174 $1.1M Reduce -0.8%
ITOT iShares Core S&P Total U.S. 0.61% 7,766 $1.1M Add +1.1%
AVMU Avantis Core Municipal Fixed 0.59% 23,913 $1.1M Reduce -3.1%
VB Vanguard Most SM-Cap ETF-Usd 0.57% 4,169 $1.1M Add +10.2%
QVAL Alpha Arch US QNT Value ETF 0.56% 22,220 $1.0M Add +10.4%
VCRM Vanguard Core Tax-Ex Bond 0.53% 13,146 $989K Add +8.5%
QMOM Alpha US Quant Mom ETF 0.52% 14,942 $963K Add +11.9%
AAPL Apple Inc. 0.51% 3,720 $947K No change
MUB iShares National Muni Bond E 0.49% 8,567 $912K Add +4.5%
EOSE Eos Energy Enterprises Inc. 0.48% 77,890 $887K New
VTIP Vanguard Short-Term Tips 0.48% 17,453 $884K Add +0.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.48% 1,324 $882K No change
VWO Vanguard Ftse Emerging Marke 0.45% 15,568 $843K Add +0.2%
SMMD iShares Russell 2500 ETF 0.44% 11,134 $821K Reduce -5.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.44% 2,900 $818K No change
FLOT iShares Floating Rate Bond E 0.44% 15,981 $816K Add +1.2%
BNDX Vanguard Total Intl Bond ETF 0.39% 14,611 $723K No change
SMMU PIMCO SHRT TRM Muni BND ETF 0.38% 14,068 $711K Add +0.3%
FNDX Schwab Fndmntl US LRG Co. ETF 0.38% 26,631 $700K Add +0.4%
MSFT Microsoft Corp. 0.37% 1,315 $681K Reduce -17.4%
VCRB Vanguard Core Bond ETF 0.36% 8,596 $674K Add +13.2%
VGSH Vanguard Short-Term Treasury 0.36% 11,291 $664K Add +0.7%
FRDM Freedom 100 Emeging MRKT ETF 0.35% 14,676 $650K Add +3.3%
AVUS Avantis U.S. Equity ETF 0.33% 5,699 $620K Add +2.9%
BBCA JPMorgan Betabuilders Canada 0.33% 7,000 $611K No change
BOND PIMCO Active Bond Exchange-T 0.31% 6,246 $583K Add +5.0%
FALN iShares Fallen Angels ETF 0.30% 20,103 $558K Reduce -14.9%
IVAL Alpha Archi Intl QT Vlu ETF 0.29% 17,948 $541K Add +11.8%
BRK.B Berkshire Hathaway Inc. Class B 0.29% 1,056 $531K Reduce -2.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.28% 1,766 $519K Add +0.2%
NMRK Newmark Group Inc. Class A 0.28% 27,704 $517K No change
VTES Vanguard SH Term Tax-Ex Bond 0.28% 5,059 $516K Add +0.5%
IMOM Alpha Intl Quant Mom ETF 0.28% 14,055 $515K Add +12.0%
SHM SS SPDR N Ice St Muni ETF 0.27% 10,511 $507K Add +0.1%
VIG Vanguard Dividend Apprec ETF 0.27% 2,336 $504K Reduce -17.1%
XOM Exxon Mobil Corp. 0.26% 4,359 $491K No change
IWP iShares Russell Mid-Cap Grow 0.25% 3,311 $472K No change
DFSV Dimensional US Small Cap Val 0.23% 13,461 $429K Add +64.2%
SHY iShares 1-3 Year Treasury Bo 0.23% 5,157 $428K Add +0.1%
ABBV Abbvie Inc. 0.23% 1,827 $423K Reduce -3.9%
VYM Vanguard High DVD Yield ETF 0.23% 2,981 $420K Add +3.9%
AMLP Alerian MLP ETF 0.22% 8,866 $416K No change
BOXX Alpha Architect 1-3 MNTH Box 0.22% 3,600 $410K Add +0.7%
DFAI Dimensional International Co. 0.22% 11,236 $408K Add +60.3%
SCHO Schwab Short-Term US Treas 0.21% 16,264 $397K Add +10.7%
GLD SPDR Gold Shares 0.21% 1,098 $390K No change
DFAE Dimensional Emerging Core Eq 0.20% 11,557 $364K Add +0.7%
ABT Abbott Laboratories 0.19% 2,564 $343K No change
LRGF iShares US Equity Factor ETF 0.18% 4,964 $343K Add +0.1%
GOOG Alphabet Inc. Class C 0.18% 1,338 $326K No change
DFAU Dimensional US Core Equity M 0.17% 6,998 $320K Add +0.0%
SGOV iShares 0-3 Month Treasury B 0.17% 3,078 $310K Add +24.7%
IJH iShares Core S&P Midcap ETF 0.16% 4,510 $294K New
JNJ Johnson & Johnson 0.15% 1,516 $281K No change
TBUX T Rowe Price Ultra Short-Ter 0.15% 5,571 $278K No change
RLY SS Multi-Asset Real Ret ETF 0.15% 8,897 $275K Reduce -2.6%
FTLS First Trust Long/Short Eqty 0.14% 3,791 $265K No change
MUNI PIMCO Intermediate Municipal 0.13% 4,713 $246K Add +0.9%
KO The Coca-Cola Co. 0.13% 3,676 $244K Reduce -6.1%
EFA iShares MSCI Eafe ETF 0.13% 2,542 $237K No change
BA The Boeing Co. 0.13% 1,087 $235K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 485 $233K No change
BGC BGC Group Inc. Class A 0.12% 24,041 $227K Reduce -49.0%
DFAC Dimensional US Core Equity 2 0.12% 5,670 $219K New
IJR iShares Core S&P Small-Cap E 0.12% 1,838 $218K New
XLE SS Energy Select Sector 0.11% 2,344 $209K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.11% 673 $200K New
TAIL Cambria Tail Risk ETF 0.09% 14,435 $171K New
HYT BlackRock Corp. Hi YLD 0.07% 14,035 $133K No change

Portfolio Sells Q2 2025 → Q3 2025
TROW T Rowe Price Group Inc. Reduce -2.7% 17.47% −1.76
VTI VG Morningstar TS MKT ETF-US Reduce -2.1% 4.27% −0.33
VTV Vanguard Mrngstr Val ETF-Aui Reduce -8.7% 1.68% −0.31
SCHP Schwab U.S. Tips ETF Reduce -8.2% 0.77% −0.18
BGC BGC Group Inc. Class A Reduce -49.0% 0.12% −0.17
AMZN Amazon.com Inc. Sold out 0.00% −0.13
MSFT Microsoft Corp. Reduce -17.4% 0.37% −0.12
BSV Vanguard Short-Term Bond ETF Reduce -1.0% 0.73% −0.11
AVUV Avantis US Small Cap Value Reduce -2.1% 1.61% −0.10
VT Vanguard Tot World STK ETF Reduce -5.0% 0.88% −0.10
FALN iShares Fallen Angels ETF Reduce -14.9% 0.30% −0.09
AVMU Avantis Core Municipal Fixed Reduce -3.1% 0.59% −0.09
VIG Vanguard Dividend Apprec ETF Reduce -17.1% 0.27% −0.08
VNQ Vanguard Real Estate ETF Reduce -0.2% 0.68% −0.08
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -0.2% 1.11% −0.07
AVEM Avantis Emerging Markets Eq Reduce -3.5% 0.84% −0.07
SCHA Schwab US Small-Cap ETF Reduce -0.3% 1.34% −0.05
SMMD iShares Russell 2500 ETF Reduce -5.1% 0.44% −0.05
KO The Coca-Cola Co. Reduce -6.1% 0.13% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.2% 0.29% −0.04
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -0.8% 0.61% −0.02
AVDV Avantis Intl S/C Value ETF Reduce -1.1% 0.77% −0.02
RLY SS Multi-Asset Real Ret ETF Reduce -2.6% 0.15% −0.02
ABBV Abbvie Inc. Reduce -3.9% 0.23% +0.01

Portfolio Buys Q2 2025 → Q3 2025
VOO Vanguard S&P 500 ETF Add +69.8% 2.97% +1.12
IVV iShares Core S&P 500 ETF Add +87.1% 2.45% +1.07
AAUS Alpha Architect US Eqy ETF New 0.68% +0.68
EOSE Eos Energy Enterprises Inc. New 0.48% +0.48
CAOS Alpha Architect Tail Risk Add +30.0% 2.18% +0.28
VXF Vanguard Extended Market ETF Add +19.3% 2.35% +0.28
SCHR Schwab Intermediate-Term US Add +27.2% 2.14% +0.23
VTEB Vanguard Tax-Exempt Bond ETF Add +22.9% 1.96% +0.18
IJH iShares Core S&P Midcap ETF New 0.16% +0.16
HIDE Alpha Arc High Inf & Def ETF Add +15.9% 4.14% +0.14
VXUS Vanguard Total Intl Stock Add +9.4% 6.37% +0.13
DFAC Dimensional US Core Equity 2 New 0.12% +0.12
IJR iShares Core S&P Small-Cap E New 0.12% +0.12
XLE SS Energy Select Sector New 0.11% +0.11
VBK Van Morst SML-Cap Gro-Usd Inc. New 0.11% +0.11
TAIL Cambria Tail Risk ETF New 0.09% +0.09
VEA Vanguard Ftse Developed ETF Add +21.5% 0.78% +0.08
AVIG Avantis Core Fixed Income Add +24.8% 0.86% +0.08
DFSV Dimensional US Small Cap Val Add +64.2% 0.23% +0.08
DFAI Dimensional International Co. Add +60.3% 0.22% +0.07
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +9.6% 1.68% +0.06
DFAT Dimensional US Target Value Add +15.0% 0.63% +0.05
VB Vanguard Most SM-Cap ETF-Usd Add +10.2% 0.57% +0.02
IVAL Alpha Archi Intl QT Vlu ETF Add +11.8% 0.29% +0.02
IMOM Alpha Intl Quant Mom ETF Add +12.0% 0.28% +0.02
QVAL Alpha Arch US QNT Value ETF Add +10.4% 0.56% +0.01
SGOV iShares 0-3 Month Treasury B Add +24.7% 0.17% +0.01
VCRB Vanguard Core Bond ETF Add +13.2% 0.36% +0.00
FRDM Freedom 100 Emeging MRKT ETF Add +3.3% 0.35% −0.00
SCHO Schwab Short-Term US Treas Add +10.7% 0.21% −0.01
DFAE Dimensional Emerging Core Eq Add +0.7% 0.20% −0.01
VYM Vanguard High DVD Yield ETF Add +3.9% 0.23% −0.01
AVUS Avantis U.S. Equity ETF Add +2.9% 0.33% −0.01
DFAU Dimensional US Core Equity M Add +0.0% 0.17% −0.01
LRGF iShares US Equity Factor ETF Add +0.1% 0.18% −0.01
QMOM Alpha US Quant Mom ETF Add +11.9% 0.52% −0.01
VCRM Vanguard Core Tax-Ex Bond Add +8.5% 0.53% −0.01
MUNI PIMCO Intermediate Municipal Add +0.9% 0.13% −0.01
AGG iShares Core U.S. Aggregate Add +11.1% 1.12% −0.02
VWO Vanguard Ftse Emerging Marke Add +0.2% 0.45% −0.02
FNDX Schwab Fndmntl US LRG Co. ETF Add +0.4% 0.38% −0.02
BOND PIMCO Active Bond Exchange-T Add +5.0% 0.31% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.2% 0.28% −0.02
BOXX Alpha Architect 1-3 MNTH Box Add +0.7% 0.22% −0.03
SCHB Schwab US Broad Market ETF Add +1.3% 0.63% −0.03
ITOT iShares Core S&P Total U.S. Add +1.1% 0.61% −0.03
SHY iShares 1-3 Year Treasury Bo Add +0.1% 0.23% −0.03
VTES Vanguard SH Term Tax-Ex Bond Add +0.5% 0.28% −0.03
MUB iShares National Muni Bond E Add +4.5% 0.49% −0.03
SHM SS SPDR N Ice St Muni ETF Add +0.1% 0.27% −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