Marshall Financial Group Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Marshall Financial Group Inc. reported 55 stock positions worth $303.3 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 9.4% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 9.2%) and Schwab US Large-Cap Value (SCHV, 7.7%). Compared with Q4 2023, it opened 5 new positions, sold out of 3, added to 28 and reduced 17. The biggest buy was Johnson & Johnson (JNJ, shares +47%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −20%).
- Most Recent 13F
- Q3 2025
- Location
- DOYLESTOWN, PA
- CIK
- 0000701189
- Portfolio Value
- $303.3M (Q1 2024)
- SEC Filing
- 0001221073-24-000038 ↗ filed May 9, 2024
Holdings Value
Holdings 55 stocks · $303.3M
| SCHG Schwab US Large-Cap Growth | 9.35% | 305,896 | $28.4M | Reduce -4.2% |
| SCHX Schwab US Large-Cap ETF | 9.19% | 449,093 | $27.9M | Add +0.4% |
| SCHV Schwab US Large-Cap Value | 7.70% | 307,359 | $23.4M | Add +3.1% |
| SCHP Schwab U.S. Tips ETF | 6.83% | 396,921 | $20.7M | Add +6.2% |
| SCHA Schwab US Small-Cap ETF | 6.38% | 393,283 | $19.4M | Add +1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 6.18% | 81,978 | $18.7M | Add +0.8% |
| SCHB Schwab US Broad Market ETF | 6.05% | 300,840 | $18.4M | Reduce -0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.79% | 107,760 | $17.5M | Add +1.3% |
| SCHM Schwab US Mid Cap ETF | 5.59% | 208,115 | $16.9M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 5.25% | 33,139 | $15.9M | Reduce -1.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.81% | 58,375 | $14.6M | Add +1.2% |
| SCHF Schwab Intl Equity ETF | 4.22% | 328,410 | $12.8M | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.58% | 31,534 | $10.9M | Reduce -1.9% |
| VEA Vanguard Ftse Developed ETF | 3.13% | 189,015 | $9.5M | Reduce -0.0% |
| USRT iShares Core US REIT ETF | 1.83% | 103,291 | $5.6M | Add +3.3% |
| IWF iShares Russell 1000 Growth | 1.36% | 12,284 | $4.1M | Reduce -4.8% |
| SCHZ Schwab US Aggregate Bond ETF | 1.32% | 87,207 | $4.0M | Add +3.7% |
| SCHH Schwab US REIT ETF | 1.08% | 161,549 | $3.3M | Add +12.3% |
| JNJ Johnson & Johnson | 0.89% | 17,073 | $2.7M | Add +47.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.66% | 78,724 | $2.0M | Reduce -0.3% |
| IWO iShares Russell 2000 Growth | 0.63% | 7,086 | $1.9M | Add +0.1% |
| IWD iShares Russell 1000 Value E | 0.60% | 10,187 | $1.8M | Reduce -0.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.56% | 34,483 | $1.7M | Reduce -20.0% |
| IWB iShares Russell 1000 ETF | 0.55% | 5,779 | $1.7M | Reduce -9.8% |
| ESGV Vanguard ESG US Stock ETF | 0.54% | 17,515 | $1.6M | Reduce -1.7% |
| MTUM iShares MSCI USA Momentum Fa | 0.52% | 8,466 | $1.6M | Reduce -4.7% |
| VSGX Vanguard ESG Intl Stock ETF | 0.50% | 26,307 | $1.5M | Add +4.8% |
| VCIT Vanguard Int-Term Corporate | 0.44% | 16,571 | $1.3M | Add +133.6% |
| AAPL Apple Inc. | 0.41% | 7,229 | $1.2M | Reduce -1.1% |
| IWM iShares Russell 2000 ETF | 0.30% | 4,329 | $910K | Reduce -3.8% |
| IWP iShares Russell Mid-Cap Grow | 0.29% | 7,679 | $877K | Add +0.1% |
| MUB iShares National Muni Bond E | 0.29% | 8,125 | $874K | Reduce -5.5% |
| MSFT Microsoft Corp. | 0.28% | 1,992 | $838K | Add +12.7% |
| TIP iShares Tips Bond ETF | 0.25% | 6,930 | $744K | Add +6.1% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 15,492 | $647K | Reduce -2.6% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 3,488 | $591K | Add +0.4% |
| SCHC Schwab Intl Small-Cap Equity | 0.19% | 16,474 | $590K | Add +0.7% |
| VYM Vanguard High DVD Yield ETF | 0.19% | 4,701 | $569K | Reduce -6.1% |
| WSFS WSFS Financial Corp. | 0.18% | 12,075 | $545K | No change |
| AOA iShares Core 80/20 Aggressiv | 0.17% | 7,143 | $525K | Add +4.1% |
| VGT Vanguard Info Tech ETF | 0.17% | 980 | $514K | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.16% | 5,932 | $474K | No change |
| JPM JPMorgan Chase & Co. | 0.15% | 2,235 | $448K | Add +0.6% |
| IWS iShares Russell Mid-Cap Valu | 0.13% | 3,242 | $406K | Add +0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 8,315 | $315K | Add +0.7% |
| PM Philip Morris International | 0.10% | 3,378 | $309K | No change |
| META Meta Platforms Inc. Class A | 0.09% | 571 | $277K | No change |
| IWN iShares Russell 2000 Value E | 0.09% | 1,686 | $268K | Add +0.4% |
| PG The Procter & Gamble Co. | 0.09% | 1,639 | $266K | New |
| MRK Merck & Co. Inc. | 0.09% | 1,965 | $259K | No change |
| RWR SS SPDR Dow Jones REIT ETF | 0.08% | 2,519 | $237K | Add +0.1% |
| IQV Iqvia Holdings Inc. | 0.08% | 914 | $231K | New |
| DFAU Dimensional US Core Equity M | 0.07% | 5,774 | $211K | New |
| T AT&T Inc. | 0.07% | 11,491 | $202K | New |
| MDT Medtronic PLC | 0.07% | 2,310 | $201K | New |
Portfolio Sells Q4 2023 → Q1 2024
| BNDX Vanguard Total Intl Bond ETF | Reduce -20.0% | 0.56% | −0.20 |
| SCHG Schwab US Large-Cap Growth | Reduce -4.2% | 9.35% | −0.11 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.0% | 3.13% | −0.11 |
| AAPL Apple Inc. | Reduce -1.1% | 0.41% | −0.09 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.08 |
| AOR iShares Core 60/40 Balanced | Sold out | 0.00% | −0.08 |
| IWB iShares Russell 1000 ETF | Reduce -9.8% | 0.55% | −0.05 |
| MUB iShares National Muni Bond E | Reduce -5.5% | 0.29% | −0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.3% | 0.66% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -4.8% | 1.36% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -3.8% | 0.30% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.6% | 0.21% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -6.1% | 0.19% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -1.8% | 5.25% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -0.8% | 0.60% | −0.00 |
| ESGV Vanguard ESG US Stock ETF | Reduce -1.7% | 0.54% | −0.00 |
| OTLK Outlook Therapeutics Inc. | Sold out | 0.00% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.9% | 3.58% | +0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.9% | 6.05% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -4.7% | 0.52% | +0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| JNJ Johnson & Johnson | Add +47.0% | 0.89% | +0.24 |
| SCHV Schwab US Large-Cap Value | Add +3.1% | 7.70% | +0.24 |
| VCIT Vanguard Int-Term Corporate | Add +133.6% | 0.44% | +0.23 |
| SCHX Schwab US Large-Cap ETF | Add +0.4% | 9.19% | +0.18 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.3% | 5.79% | +0.10 |
| PG The Procter & Gamble Co. | New | 0.09% | +0.09 |
| IQV Iqvia Holdings Inc. | New | 0.08% | +0.08 |
| DFAU Dimensional US Core Equity M | New | 0.07% | +0.07 |
| T AT&T Inc. | New | 0.07% | +0.07 |
| MDT Medtronic PLC | New | 0.07% | +0.07 |
| MSFT Microsoft Corp. | Add +12.7% | 0.28% | +0.04 |
| SCHH Schwab US REIT ETF | Add +12.3% | 1.08% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.2% | 4.81% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 0.15% | +0.01 |
| BAC Bank of America Corp. | Add +0.7% | 0.10% | +0.00 |
| AOA iShares Core 80/20 Aggressiv | Add +4.1% | 0.17% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +4.8% | 0.50% | +0.00 |
| IWP iShares Russell Mid-Cap Grow | Add +0.1% | 0.29% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +0.2% | 0.17% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +0.3% | 0.13% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +0.4% | 0.19% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Add +0.2% | 5.59% | −0.00 |
| IWN iShares Russell 2000 Value E | Add +0.4% | 0.09% | −0.00 |
| IWO iShares Russell 2000 Growth | Add +0.1% | 0.63% | −0.01 |
| TIP iShares Tips Bond ETF | Add +6.1% | 0.25% | −0.01 |
| RWR SS SPDR Dow Jones REIT ETF | Add +0.1% | 0.08% | −0.01 |
| SCHC Schwab Intl Small-Cap Equity | Add +0.7% | 0.19% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.8% | 6.18% | −0.02 |
| SCHF Schwab Intl Equity ETF | Add +0.9% | 4.22% | −0.07 |
| SCHZ Schwab US Aggregate Bond ETF | Add +3.7% | 1.32% | −0.08 |
| USRT iShares Core US REIT ETF | Add +3.3% | 1.83% | −0.11 |
| SCHP Schwab U.S. Tips ETF | Add +6.2% | 6.83% | −0.14 |
| SCHA Schwab US Small-Cap ETF | Add +1.6% | 6.38% | −0.15 |
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 |