Marshall Financial Group Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Marshall Financial Group Inc. reported 53 stock positions worth $363.5 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 9.4% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 9.3%) and Schwab US Large-Cap Value (SCHV, 8.7%). Compared with Q2 2025, it opened 3 new positions, sold out of 2, added to 27 and reduced 19. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +11%) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −3%).
- Most Recent 13F
- Q3 2025
- Location
- DOYLESTOWN, PA
- CIK
- 0000701189
- Portfolio Value
- $363.5M (Q3 2025)
- SEC Filing
- 0000701189-25-000003 ↗ filed Nov 4, 2025
Holdings Value
Holdings 53 stocks · $363.5M
| SCHX Schwab US Large-Cap ETF | 9.42% | 1,300,022 | $34.2M | Add +3.8% |
| SCHG Schwab US Large-Cap Growth | 9.29% | 1,058,587 | $33.8M | Reduce -3.5% |
| SCHV Schwab US Large-Cap Value | 8.66% | 1,081,761 | $31.5M | Add +3.0% |
| VOO Vanguard S&P 500 ETF | 7.75% | 46,006 | $28.2M | Add +11.2% |
| SCHP Schwab U.S. Tips ETF | 6.84% | 923,169 | $24.9M | Add +4.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 5.72% | 81,738 | $20.8M | Add +0.9% |
| SCHA Schwab US Small-Cap ETF | 5.53% | 721,038 | $20.1M | Reduce -1.1% |
| SCHB Schwab US Broad Market ETF | 5.28% | 746,625 | $19.2M | Add +1.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.27% | 102,828 | $19.2M | Add +0.6% |
| SCHM Schwab US Mid Cap ETF | 4.97% | 610,211 | $18.1M | Reduce -2.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.92% | 60,898 | $17.9M | Add +1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.26% | 32,257 | $15.5M | Reduce -1.3% |
| SCHF Schwab Intl Equity ETF | 4.07% | 635,810 | $14.8M | Reduce -0.2% |
| VEA Vanguard Ftse Developed ETF | 2.90% | 175,655 | $10.5M | Reduce -1.3% |
| VCIT Vanguard Int-Term Corporate | 1.93% | 83,351 | $7.0M | Add +34.9% |
| IWF iShares Russell 1000 Growth | 1.52% | 11,769 | $5.5M | Add +0.3% |
| SCHZ Schwab US Aggregate Bond ETF | 1.39% | 215,071 | $5.0M | Add +12.8% |
| JNJ Johnson & Johnson | 0.77% | 15,094 | $2.8M | Reduce -0.7% |
| ESGV Vanguard ESG US Stock ETF | 0.72% | 22,241 | $2.6M | Add +1.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.72% | 78,180 | $2.6M | Reduce -1.9% |
| MTUM iShares MSCI USA Momentum Fa | 0.68% | 9,685 | $2.5M | Reduce -5.2% |
| IWB iShares Russell 1000 ETF | 0.58% | 5,755 | $2.1M | Reduce -0.5% |
| VSGX Vanguard ESG Intl Stock ETF | 0.55% | 28,573 | $2.0M | Add +0.2% |
| IWO iShares Russell 2000 Growth | 0.54% | 6,128 | $2.0M | Add +0.1% |
| BNDX Vanguard Total Intl Bond ETF | 0.53% | 38,713 | $1.9M | Add +5.4% |
| IWD iShares Russell 1000 Value E | 0.51% | 9,167 | $1.9M | Reduce -0.6% |
| AAPL Apple Inc. | 0.47% | 6,774 | $1.7M | Reduce -2.5% |
| MUB iShares National Muni Bond E | 0.42% | 14,424 | $1.5M | Add +11.7% |
| TIP iShares Tips Bond ETF | 0.42% | 13,627 | $1.5M | Add +11.3% |
| IWP iShares Russell Mid-Cap Grow | 0.28% | 7,210 | $1.0M | Add +1.8% |
| IWM iShares Russell 2000 ETF | 0.27% | 4,069 | $985K | Reduce -1.4% |
| SCHC Schwab Intl Small-Cap Equity | 0.25% | 20,339 | $926K | No change |
| VGT Vanguard Info Tech ETF | 0.21% | 1,000 | $747K | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 13,454 | $729K | Reduce -1.0% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 3,680 | $698K | Add +3.4% |
| WSFS WSFS Financial Corp. | 0.18% | 12,075 | $651K | No change |
| AOA iShares Core 80/20 Aggressiv | 0.17% | 6,951 | $613K | Reduce -11.8% |
| VYM Vanguard High DVD Yield ETF | 0.16% | 4,203 | $592K | Reduce -1.6% |
| MSFT Microsoft Corp. | 0.16% | 1,107 | $573K | Add +1.4% |
| EFA iShares MSCI Eafe ETF | 0.16% | 6,097 | $569K | No change |
| PM Philip Morris International | 0.14% | 3,070 | $498K | Reduce -9.1% |
| IWS iShares Russell Mid-Cap Valu | 0.13% | 3,420 | $478K | Add +3.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 8,655 | $447K | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.12% | 579 | $425K | Add +1.1% |
| JPM JPMorgan Chase & Co. | 0.11% | 1,271 | $401K | Add +4.6% |
| T AT&T Inc. | 0.08% | 9,744 | $275K | Add +4.8% |
| IWN iShares Russell 2000 Value E | 0.07% | 1,427 | $252K | Add +0.2% |
| IBIT iShares Bitcoin Trust ETF | 0.07% | 3,730 | $242K | No change |
| AOR iShares Core 60/40 Balanced | 0.07% | 3,682 | $237K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.06% | 683 | $225K | New |
| MO Altria Group Inc. | 0.06% | 3,358 | $222K | New |
| NAMS Newamsterdam Pharma Co. NV | 0.06% | 7,500 | $213K | New |
| MDT Medtronic PLC | 0.06% | 2,228 | $212K | Reduce -26.0% |
Portfolio Sells Q2 2025 → Q3 2025
| SCHG Schwab US Large-Cap Growth | Reduce -3.5% | 9.29% | −0.30 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.2% | 4.97% | −0.26 |
| SCHF Schwab Intl Equity ETF | Reduce -0.2% | 4.07% | −0.14 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.3% | 2.90% | −0.14 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.07 |
| RWR SS SPDR Dow Jones REIT ETF | Sold out | 0.00% | −0.06 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -5.2% | 0.68% | −0.05 |
| PM Philip Morris International | Reduce -9.1% | 0.14% | −0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.3% | 4.26% | −0.03 |
| AOA iShares Core 80/20 Aggressiv | Reduce -11.8% | 0.17% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -0.6% | 0.51% | −0.02 |
| MDT Medtronic PLC | Reduce -26.0% | 0.06% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -0.5% | 0.58% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.6% | 0.16% | −0.01 |
| AOR iShares Core 60/40 Balanced | Reduce -0.1% | 0.07% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -1.9% | 0.72% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.0% | 0.20% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -1.4% | 0.27% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.1% | 5.53% | +0.01 |
| AAPL Apple Inc. | Reduce -2.5% | 0.47% | +0.05 |
| JNJ Johnson & Johnson | Reduce -0.7% | 0.77% | +0.08 |
Portfolio Buys Q2 2025 → Q3 2025
| VOO Vanguard S&P 500 ETF | Add +11.2% | 7.75% | +0.71 |
| VCIT Vanguard Int-Term Corporate | Add +34.9% | 1.93% | +0.40 |
| SCHX Schwab US Large-Cap ETF | Add +3.8% | 9.42% | +0.25 |
| SCHZ Schwab US Aggregate Bond ETF | Add +12.8% | 1.39% | +0.06 |
| AVGO Broadcom Inc. | New | 0.06% | +0.06 |
| MO Altria Group Inc. | New | 0.06% | +0.06 |
| NAMS Newamsterdam Pharma Co. NV | New | 0.06% | +0.06 |
| IWF iShares Russell 1000 Growth | Add +0.3% | 1.52% | +0.02 |
| MUB iShares National Muni Bond E | Add +11.7% | 0.42% | +0.02 |
| IWO iShares Russell 2000 Growth | Add +0.1% | 0.54% | +0.02 |
| TIP iShares Tips Bond ETF | Add +11.3% | 0.42% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +1.0% | 5.28% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +0.1% | 0.21% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +1.4% | 0.72% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +4.6% | 0.11% | +0.00 |
| IWN iShares Russell 2000 Value E | Add +0.2% | 0.07% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +3.8% | 0.13% | +0.00 |
| BAC Bank of America Corp. | Add +0.5% | 0.12% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +3.4% | 0.19% | −0.00 |
| T AT&T Inc. | Add +4.8% | 0.08% | −0.00 |
| MSFT Microsoft Corp. | Add +1.4% | 0.16% | −0.00 |
| META Meta Platforms Inc. Class A | Add +1.1% | 0.12% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Add +1.8% | 0.28% | −0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Add +0.2% | 0.55% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +5.4% | 0.53% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.9% | 5.72% | −0.03 |
| SCHV Schwab US Large-Cap Value | Add +3.0% | 8.66% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.7% | 4.92% | −0.10 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.6% | 5.27% | −0.13 |
| SCHP Schwab U.S. Tips ETF | Add +4.0% | 6.84% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 53 | $363.5M | SCHX, SCHG, SCHV, VOO, SCHP |
| Q2 2025 | 52 | $334.0M | SCHG, SCHX, SCHV, SCHP, VOO |
| Q1 2025 | 54 | $317.9M | SCHX, SCHG, SCHV, SCHP, VOO |
| Q4 2024 | 52 | $327.3M | SCHG, SCHX, SCHV, SCHP, SCHA |
| Q3 2024 | 53 | $331.1M | SCHG, SCHX, SCHV, SCHP, SCHA |
| Q2 2024 | 54 | $308.1M | SCHG, SCHX, SCHV, SCHP, SCHA |
| Q1 2024 | 55 | $303.3M | SCHG, SCHX, SCHV, SCHP, SCHA |