Marshall Financial Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Marshall Financial Group, LLC reported 232 stock positions worth $457.8 million. Its top holding was SS Loomis Sayles Op Bond ETF (OBND) at 5.8% of the portfolio, followed by Hartford TTL RTRN BND ETF (HTRB, 4.7%) and Janus Henderson B-BBB Clo Et (JBBB, 4.3%). Compared with Q4 2024, it opened 23 new positions, sold out of 9, added to 95 and reduced 101. The biggest buy was a new position in Proshares Ultra QQQ (QLD) and the biggest sale Schwab Fndmn Intl LRG Co. ETF (FNDF, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- Hunt Valley, MD
- CIK
- 0001841496
- Portfolio Value
- $457.8M (Q1 2025)
- SEC Filing
- 0001667731-25-000432 ↗ filed Apr 16, 2025
Holdings Value
Holdings 232 stocks · $457.8M
| OBND SS Loomis Sayles Op Bond ETF | 5.76% | 1,017,312 | $26.4M | Reduce -2.1% |
| HTRB Hartford TTL RTRN BND ETF | 4.67% | 631,164 | $21.4M | Reduce -1.3% |
| JBBB Janus Henderson B-BBB Clo Et | 4.32% | 406,258 | $19.8M | Add +26.1% |
| QLD Proshares Ultra QQQ | 3.56% | 183,401 | $16.3M | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 3.38% | 299,242 | $15.5M | Add +0.7% |
| LGOV First TR Long Duration O-ETF | 3.24% | 690,417 | $14.8M | Add +2.0% |
| SCHR Schwab Intermediate-Term US | 3.21% | 590,805 | $14.7M | Add +1.1% |
| SSO Proshares Ultra S&P500 | 3.14% | 173,420 | $14.4M | Add +1650.1% |
| QQQ Invesco QQQ Trust Series 1 | 2.90% | 28,278 | $13.3M | Add +155.0% |
| AAPL Apple Inc. | 2.84% | 58,579 | $13.0M | Reduce -1.4% |
| IQLT iShares MSCI International Q | 2.07% | 238,461 | $9.5M | Add +8.6% |
| NVDA Nvidia Corp. | 1.86% | 78,362 | $8.5M | Reduce -3.0% |
| PAVE Global X US Infrastructure | 1.71% | 206,966 | $7.8M | New |
| VOO Vanguard S&P 500 ETF | 1.68% | 14,978 | $7.7M | New |
| EDV Vanguard Extended Dur Treas | 1.49% | 95,595 | $6.8M | Reduce -20.9% |
| PULS Pgim Ultra Short Bond ETF | 1.48% | 136,340 | $6.8M | New |
| JAAA Janus Henderson Aaa Clo ETF | 0.99% | 89,571 | $4.5M | Add +71.6% |
| MSFT Microsoft Corp. | 0.97% | 11,780 | $4.4M | Add +1.4% |
| V Visa Inc. Class A | 0.90% | 11,690 | $4.1M | Reduce -2.0% |
| WMT Walmart Inc. | 0.84% | 43,769 | $3.8M | Reduce -7.2% |
| AVGO Broadcom Inc. | 0.81% | 22,026 | $3.7M | Reduce -2.1% |
| ROUS Hartford Multifact US Eqty | 0.77% | 69,798 | $3.5M | New |
| PG The Procter & Gamble Co. | 0.76% | 20,507 | $3.5M | Add +2.8% |
| TSPA T Rowe Price US Eqy Research | 0.75% | 97,667 | $3.4M | New |
| LLY Eli Lilly & Co. | 0.74% | 4,093 | $3.4M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 0.73% | 21,272 | $3.3M | Reduce -3.2% |
| VZ Verizon Communications Inc. | 0.72% | 72,272 | $3.3M | Add +0.3% |
| KR Kroger Co. | 0.70% | 47,359 | $3.2M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.69% | 10,053 | $3.1M | Reduce -0.1% |
| ED Consolidated Edison Inc. | 0.68% | 28,145 | $3.1M | Add +4.3% |
| NFLX Netflix Inc. | 0.67% | 3,294 | $3.1M | Reduce -4.1% |
| META Meta Platforms Inc. Class A | 0.66% | 5,242 | $3.0M | Reduce -5.0% |
| LMT Lockheed Martin Corp. | 0.64% | 6,586 | $2.9M | Add +8.6% |
| GRMN Garmin Ltd. | 0.63% | 13,306 | $2.9M | Reduce -11.5% |
| SO The Southern Co. | 0.62% | 30,672 | $2.8M | Add +2.9% |
| MRK Merck & Co. Inc. | 0.56% | 28,569 | $2.6M | Add +8.4% |
| DLR Digital Realty Trust Inc. | 0.54% | 17,391 | $2.5M | Reduce -3.5% |
| RMD Resmed Inc. | 0.51% | 10,476 | $2.3M | Reduce -0.5% |
| LRCX Lam Research Corp. | 0.51% | 32,252 | $2.3M | New |
| SDVY First Trust Smid Cap Rising | 0.50% | 68,195 | $2.3M | Add +61.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.50% | 4,052 | $2.3M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 0.49% | 4,059 | $2.2M | Add +1.4% |
| MNST Monster Beverage Corp. | 0.48% | 37,635 | $2.2M | Add +2.9% |
| QCOM Qualcomm Inc. | 0.47% | 14,123 | $2.2M | Add +0.6% |
| HALO Halozyme Therapeutics Inc. | 0.47% | 33,545 | $2.1M | Add +4.8% |
| AMZN Amazon.com Inc. | 0.46% | 11,182 | $2.1M | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.44% | 12,281 | $2.0M | Add +7.4% |
| SCCO Southern Copper Corp. | 0.44% | 21,691 | $2.0M | Add +1.4% |
| RSP Invesco S&P 500 Equal Weight | 0.44% | 11,697 | $2.0M | Reduce -58.6% |
| MKC McCormick & Co.-Non VTG SHRS | 0.42% | 23,486 | $1.9M | Reduce -0.0% |
| TOTL SS Doubleline TR Tact ETF | 0.41% | 47,006 | $1.9M | Reduce -18.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 3,523 | $1.9M | Add +0.8% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.39% | 19,663 | $1.8M | New |
| LOGI Logitech International-Reg | 0.39% | 21,187 | $1.8M | Add +4.1% |
| MCO Moody's Corp. | 0.39% | 3,814 | $1.8M | Add +0.6% |
| QUAL iShares MSCI USA Quality Fac | 0.38% | 10,249 | $1.8M | Reduce -7.5% |
| ADBE Adobe Inc. | 0.38% | 4,566 | $1.8M | Add +10.7% |
| DFAU Dimensional US Core Equity M | 0.37% | 44,606 | $1.7M | Reduce -18.3% |
| PANW Palo Alto Networks Inc. | 0.37% | 10,027 | $1.7M | Add +8.6% |
| ODFL Old Dominion Freight Line | 0.37% | 10,169 | $1.7M | Add +5.3% |
| ZTS Zoetis Inc. | 0.36% | 9,944 | $1.6M | Add +6.3% |
| JPM JPMorgan Chase & Co. | 0.36% | 6,670 | $1.6M | Add +6.2% |
| VWO Vanguard Ftse Emerging Marke | 0.36% | 36,057 | $1.6M | Reduce -16.7% |
| CTAS Cintas Corp. | 0.35% | 7,796 | $1.6M | Add +1.7% |
| QLYS Qualys Inc. | 0.35% | 12,690 | $1.6M | Add +6.0% |
| CPRT Copart Inc. | 0.34% | 27,446 | $1.6M | Reduce -4.3% |
| MOAT Vaneck Morningstar Wide Moat | 0.34% | 17,503 | $1.5M | Reduce -6.6% |
| BUFT FT Vest Buffered Allocation | 0.34% | 68,422 | $1.5M | Reduce -10.8% |
| VRSK Verisk Analytics Inc. | 0.33% | 5,079 | $1.5M | Add +2.8% |
| KLAC KLA Corp. | 0.33% | 2,200 | $1.5M | Reduce -0.3% |
| BRO Brown & Brown Inc. | 0.32% | 11,844 | $1.5M | Add +1.4% |
| JIRE JPMorgan Int Res Enh Eqty | 0.32% | 22,644 | $1.4M | Reduce -6.0% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.30% | 38,323 | $1.4M | Reduce -84.3% |
| APH Amphenol Corp. Class A | 0.29% | 20,121 | $1.3M | Add +3.0% |
| JEPI JPMorgan Equity Premium Inco | 0.29% | 22,868 | $1.3M | Reduce -80.0% |
| DURA Vaneck Durable High Dividend | 0.28% | 38,055 | $1.3M | Reduce -7.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.28% | 1,945 | $1.3M | Add +9.2% |
| SPGI S&P Global Inc. | 0.28% | 2,531 | $1.3M | Reduce -1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 5,625 | $1.2M | Reduce -30.1% |
| CBSH Commerce Bancshares Inc. | 0.27% | 20,020 | $1.2M | Add +4.2% |
| FFEB FT Vest US Equity Buffer ETF | 0.27% | 25,356 | $1.2M | Reduce -7.0% |
| FDS Factset Research Systems Inc. | 0.27% | 2,711 | $1.2M | Add +5.1% |
| ABBV Abbvie Inc. | 0.27% | 5,877 | $1.2M | Reduce -2.3% |
| CDNS Cadence Design SYS Inc. | 0.27% | 4,801 | $1.2M | Add +1.2% |
| XSVM Invesco S&P Smallcap Value W | 0.27% | 24,280 | $1.2M | Reduce -45.8% |
| QQQM Invesco Nasdaq 100 ETF | 0.27% | 6,314 | $1.2M | Add +19.0% |
| ADSK Autodesk Inc. | 0.26% | 4,621 | $1.2M | Add +3.8% |
| RACE Ferrari NV | 0.26% | 2,802 | $1.2M | Add +3.9% |
| ITW Illinois Tool Works | 0.26% | 4,826 | $1.2M | Add +3.0% |
| VEA Vanguard Ftse Developed ETF | 0.26% | 23,184 | $1.2M | Reduce -2.0% |
| PAC Grupo Aeroportuario Pac-ADR | 0.26% | 6,305 | $1.2M | Add +6.4% |
| HSY The Hershey Co. | 0.26% | 6,829 | $1.2M | Add +31.9% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.25% | 6,344 | $1.2M | Add +5.2% |
| GLPI Gaming and Leisure Propertie | 0.25% | 22,725 | $1.2M | Add +6.0% |
| XP XP Inc. Class A | 0.25% | 83,487 | $1.1M | Add +71.5% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.25% | 13,139 | $1.1M | Reduce -6.6% |
| MAR Marriott International Class A | 0.24% | 4,704 | $1.1M | Add +0.4% |
| INFY Infosys Ltd.-SP ADR | 0.24% | 61,331 | $1.1M | Add +3.0% |
| PM Philip Morris International | 0.24% | 7,000 | $1.1M | Add +9.6% |
| GGG Graco Inc. | 0.24% | 13,267 | $1.1M | Add +5.4% |
Portfolio Sells Q4 2024 → Q1 2025
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -84.3% | 0.30% | −1.66 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -86.6% | 0.22% | −1.64 |
| JEPI JPMorgan Equity Premium Inco | Reduce -80.0% | 0.29% | −1.31 |
| DGRO iShares Core Dividend Growth | Reduce -83.2% | 0.14% | −0.78 |
| NVDA Nvidia Corp. | Reduce -3.0% | 1.86% | −0.77 |
| AAPL Apple Inc. | Reduce -1.4% | 2.84% | −0.76 |
| RSP Invesco S&P 500 Equal Weight | Reduce -58.6% | 0.44% | −0.76 |
| OBND SS Loomis Sayles Op Bond ETF | Reduce -2.1% | 5.76% | −0.71 |
| EDV Vanguard Extended Dur Treas | Reduce -20.9% | 1.49% | −0.50 |
| HTRB Hartford TTL RTRN BND ETF | Reduce -1.3% | 4.67% | −0.49 |
| AVGO Broadcom Inc. | Reduce -2.1% | 0.81% | −0.46 |
| IMCB iShares Morningstar Mid-Cap | Reduce -79.4% | 0.10% | −0.46 |
| XSVM Invesco S&P Smallcap Value W | Reduce -45.8% | 0.27% | −0.33 |
| GOOG Alphabet Inc. Class C | Reduce -3.2% | 0.73% | −0.29 |
| DLR Digital Realty Trust Inc. | Reduce -3.5% | 0.54% | −0.23 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -30.1% | 0.27% | −0.20 |
| WMT Walmart Inc. | Reduce -7.2% | 0.84% | −0.19 |
| DFAU Dimensional US Core Equity M | Reduce -18.3% | 0.37% | −0.16 |
| TOTL SS Doubleline TR Tact ETF | Reduce -18.1% | 0.41% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 0.46% | −0.13 |
| META Meta Platforms Inc. Class A | Reduce -5.0% | 0.66% | −0.12 |
| GRMN Garmin Ltd. | Reduce -11.5% | 0.63% | −0.12 |
| TSLA Tesla Inc. | Reduce -4.6% | 0.13% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Reduce -16.7% | 0.36% | −0.11 |
| DFAI Dimensional International Co. | Reduce -31.7% | 0.19% | −0.10 |
| QUAL iShares MSCI USA Quality Fac | Reduce -7.5% | 0.38% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.0% | 0.50% | −0.09 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -6.6% | 0.34% | −0.08 |
| BUFT FT Vest Buffered Allocation | Reduce -10.8% | 0.34% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -13.5% | 0.21% | −0.07 |
| NFLX Netflix Inc. | Reduce -4.1% | 0.67% | −0.07 |
| RMD Resmed Inc. | Reduce -0.5% | 0.51% | −0.07 |
| VSS Vanguard Ftse All Wo X-US SC | Sold out | 0.00% | −0.07 |
| AME Ametek Inc. | Sold out | 0.00% | −0.06 |
| CEG Constellation Energy | Reduce -3.4% | 0.22% | −0.06 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.06 |
| CPRT Copart Inc. | Reduce -4.3% | 0.34% | −0.06 |
| FFEB FT Vest US Equity Buffer ETF | Reduce -7.0% | 0.27% | −0.06 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -21.9% | 0.07% | −0.06 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Reduce -6.6% | 0.25% | −0.06 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.05 |
| DFAE Dimensional Emerging Core Eq | Sold out | 0.00% | −0.05 |
| RDVI FT Vest Rising Dividend Achi | Reduce -10.5% | 0.19% | −0.05 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.05 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.4% | 0.19% | −0.05 |
| HD Home Depot Inc. | Reduce -5.5% | 0.20% | −0.05 |
| TLT iShares 20+ Year Treasury BD | Reduce -45.9% | 0.05% | −0.05 |
| IYH iShares U.S. Healthcare ETF | Sold out | 0.00% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| QLD Proshares Ultra QQQ | New | 3.56% | +3.56 |
| SSO Proshares Ultra S&P500 | Add +1650.1% | 3.14% | +2.91 |
| PAVE Global X US Infrastructure | New | 1.71% | +1.71 |
| VOO Vanguard S&P 500 ETF | New | 1.68% | +1.68 |
| QQQ Invesco QQQ Trust Series 1 | Add +155.0% | 2.90% | +1.52 |
| PULS Pgim Ultra Short Bond ETF | New | 1.48% | +1.48 |
| ROUS Hartford Multifact US Eqty | New | 0.77% | +0.77 |
| TSPA T Rowe Price US Eqy Research | New | 0.75% | +0.75 |
| LRCX Lam Research Corp. | New | 0.51% | +0.51 |
| JBBB Janus Henderson B-BBB Clo Et | Add +26.1% | 4.32% | +0.48 |
| XMHQ Invesco S&P Midcap Qual ETF | New | 0.39% | +0.39 |
| JAAA Janus Henderson Aaa Clo ETF | Add +71.6% | 0.99% | +0.35 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.17% | +0.17 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | New | 0.15% | +0.15 |
| FMHI First Trust Municipal High I | New | 0.13% | +0.13 |
| SDVY First Trust Smid Cap Rising | Add +61.4% | 0.50% | +0.13 |
| PJAN Innovator U.S. Equity Power | New | 0.13% | +0.13 |
| XP XP Inc. Class A | Add +71.5% | 0.25% | +0.11 |
| ANET Arista Networks Inc. | New | 0.10% | +0.10 |
| HALO Halozyme Therapeutics Inc. | Add +4.8% | 0.47% | +0.10 |
| ED Consolidated Edison Inc. | Add +4.3% | 0.68% | +0.10 |
| TQQQ Proshares Ultrapro QQQ | New | 0.09% | +0.09 |
| IQLT iShares MSCI International Q | Add +8.6% | 2.07% | +0.09 |
| JMUB JPMorgan Municipal ETF | Add +170.3% | 0.15% | +0.09 |
| SUB iShares Short-Term National | New | 0.09% | +0.09 |
| MUNI PIMCO Intermediate Municipal | Add +121.8% | 0.17% | +0.08 |
| RVNU Xtrac Mun Inf Rev BD Act ETF | New | 0.06% | +0.06 |
| PM Philip Morris International | Add +9.6% | 0.24% | +0.06 |
| SMMU PIMCO SHRT TRM Muni BND ETF | New | 0.06% | +0.06 |
| ZNOV Invtr Equ DE PR ETF - 1 YR N | New | 0.05% | +0.05 |
| MMM 3M Co. | New | 0.05% | +0.05 |
| PMAR Innovator U.S. Equity Power | New | 0.05% | +0.05 |
| QCJL FT NSDQ 100 CN Buff ETF-Jul | New | 0.04% | +0.04 |
| COP Conocophillips | New | 0.04% | +0.04 |
| JNJ Johnson & Johnson | Add +7.4% | 0.44% | +0.04 |
| ZSEP Innovator Edp ETF - 1 YR Sep | New | 0.04% | +0.04 |
| HSY The Hershey Co. | Add +31.9% | 0.26% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +79.3% | 0.12% | +0.04 |
| BRO Brown & Brown Inc. | Add +1.4% | 0.32% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.41% | +0.03 |
| WELL Welltower Inc. | Add +5.2% | 0.17% | +0.02 |
| BF.B Brown-Forman Corp. Class B | Add +43.2% | 0.17% | +0.02 |
| SO The Southern Co. | Add +2.9% | 0.62% | +0.02 |
| VZ Verizon Communications Inc. | Add +0.3% | 0.72% | +0.02 |
| MNST Monster Beverage Corp. | Add +2.9% | 0.48% | +0.02 |
| KNSL Kinsale Capital Group Inc. | Add +12.4% | 0.24% | +0.01 |
| CTAS Cintas Corp. | Add +1.7% | 0.35% | +0.01 |
| RIO Rio Tinto PLC-Spon ADR | Add +14.4% | 0.21% | +0.01 |
| IDXX Idexx Laboratories Inc. | Add +14.5% | 0.21% | +0.01 |
| REGN Regeneron Pharmaceuticals | Add +28.8% | 0.17% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 311 | $685.7M | BILS, OBND, QQQ, BIL, MFSB |
| Q1 2026 | 293 | $624.6M | BILS, BIL, OBND, CEF, MFSB |
| Q4 2025 | 288 | $515.3M | OBND, MFSB, JSI, DIVO, QQQ |
| Q3 2025 | 258 | $513.3M | OBND, JSI, MFSB, QQQ, DIVO |
| Q2 2025 | 251 | $510.0M | QLD, OBND, SSO, JBBB, MFSB |
| Q1 2025 | 232 | $457.8M | OBND, HTRB, JBBB, QLD, JEPQ |
| Q4 2024 | 218 | $412.9M | OBND, HTRB, JEPQ, JBBB, AAPL |
| Q3 2024 | 218 | $418.5M | OBND, HTRB, JAAA, JEPQ, LGOV |
| Q2 2024 | 169 | $357.5M | JAAA, JEPQ, HTRB, OBND, SCHR |
| Q1 2024 | 173 | $347.7M | HTRB, JAAA, JEPQ, SCHR, LGOV |