Maryland Capital Advisors Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Maryland Capital Advisors Inc. reported 253 stock positions worth $279.4 million. Its top holding was iShares 1-5Y Inv Grade (IGSB) at 20.9% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 8.1%) and VG Morningstar TS MKT ETF-US (VTI, 6.7%). Compared with Q2 2025, it opened 16 new positions, sold out of 30, added to 36 and reduced 41. The biggest buy was iShares 1-5Y Inv Grade (IGSB, shares +19%) and the biggest sale Apple (AAPL, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- CHESTER, MD
- CIK
- 0001891201
- Portfolio Value
- $279.4M (Q3 2025)
- SEC Filing
- 0001891201-25-000005 ↗ filed Oct 17, 2025
Holdings Value
Holdings 253 stocks · $279.4M
| IGSB iShares 1-5Y Inv Grade Corp. | 20.92% | 1,102,081 | $58.4M | Add +18.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 8.06% | 281,713 | $22.5M | Reduce -1.1% |
| VTI VG Morningstar TS MKT ETF-US | 6.66% | 56,705 | $18.6M | Reduce -1.3% |
| DFAU Dimensional US Core Equity M | 5.88% | 359,273 | $16.4M | Add +13.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.62% | 69,196 | $12.9M | Reduce -0.7% |
| AAPL Apple Inc. | 4.49% | 49,281 | $12.5M | Reduce -31.5% |
| DFIV Dimensional International Va | 3.75% | 226,942 | $10.5M | Add +4.7% |
| DFLV Dim US Large Cap Value ETF | 3.70% | 314,607 | $10.4M | Add +19.2% |
| ISTB iShares Core 1-5 Year Usd Bo | 2.97% | 169,684 | $8.3M | Add +11.2% |
| DFAI Dimensional International Co. | 2.77% | 212,625 | $7.7M | Add +0.6% |
| DFNM Dimensional National Muni BD | 2.33% | 135,947 | $6.5M | Add +7.2% |
| EFV iShares MSCI Eafe Value ETF | 1.87% | 76,995 | $5.2M | Reduce -4.3% |
| DFAT Dimensional US Target Value | 1.58% | 75,833 | $4.4M | Add +19.2% |
| DFEV Dimensional Emrg MRKT Val | 1.51% | 132,498 | $4.2M | Add +4.7% |
| VTIP Vanguard Short-Term Tips | 1.40% | 77,371 | $3.9M | Add +12.2% |
| DFAR Dimensional US Real Est ETF | 1.34% | 156,838 | $3.7M | Add +7.3% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.25% | 73,278 | $3.5M | Add +4.1% |
| DFAS Dimensional US Small Cap ETF | 1.11% | 45,146 | $3.1M | Add +9.2% |
| IWF iShares Russell 1000 Growth | 1.10% | 6,543 | $3.1M | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.08% | 44,510 | $3.0M | Add +0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.99% | 13,233 | $2.8M | Reduce -1.2% |
| DFUS Dimensional US Eq MKT ETF | 0.98% | 37,731 | $2.7M | No change |
| DISV Dimensional International SM | 0.97% | 75,686 | $2.7M | Add +2.4% |
| VEA Vanguard Ftse Developed ETF | 0.96% | 44,582 | $2.7M | Reduce -1.7% |
| DFSD Dimensional Short Duration | 0.93% | 53,835 | $2.6M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.69% | 7,530 | $1.9M | Reduce -0.7% |
| VNQ Vanguard Real Estate ETF | 0.68% | 20,751 | $1.9M | Reduce -9.6% |
| IWD iShares Russell 1000 Value E | 0.65% | 8,964 | $1.8M | No change |
| DUHP Dimensional US High Profi Et | 0.65% | 47,804 | $1.8M | Add +12.0% |
| DFIS Dimensional International SM | 0.64% | 56,879 | $1.8M | Add +2.8% |
| EWX State Street SPDR S&P Emergi | 0.58% | 24,031 | $1.6M | Add +1.4% |
| WMT Walmart Inc. | 0.53% | 14,378 | $1.5M | Reduce -0.8% |
| SUB iShares Short-Term National | 0.52% | 13,564 | $1.4M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.52% | 7,737 | $1.4M | Reduce -1.3% |
| IYW iShares Ustechnology ETF | 0.47% | 6,680 | $1.3M | No change |
| IUSV iShares Core S&P U.S. Value | 0.47% | 13,053 | $1.3M | Reduce -1.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.45% | 14,820 | $1.3M | No change |
| MSFT Microsoft Corp. | 0.41% | 2,201 | $1.1M | Add +71.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 2,158 | $1.1M | No change |
| AVGO Broadcom Inc. | 0.35% | 2,977 | $982K | No change |
| VOO Vanguard S&P 500 ETF | 0.32% | 1,466 | $898K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.24% | 4,656 | $663K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 988 | $658K | Add +40.3% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 3,002 | $648K | Add +0.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.23% | 1,570 | $632K | No change |
| IEMG iShares Core MSCI Emerging | 0.23% | 9,543 | $629K | Reduce -18.4% |
| ADP Automatic Data Processing | 0.22% | 2,080 | $610K | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.22% | 24,864 | $604K | Reduce -10.2% |
| CVX Chevron Corp. | 0.21% | 3,856 | $599K | No change |
| DIHP Dimensional International Hi | 0.21% | 19,686 | $598K | Add +0.7% |
| ICSH iShares Ultra Short Duration | 0.20% | 11,250 | $571K | No change |
| IFGL iShares International Develo | 0.20% | 24,133 | $556K | Reduce -0.5% |
| EDIV State Street SPDR S&P Emergi | 0.19% | 13,390 | $520K | Reduce -12.6% |
| VSS Vanguard Ftse All Wo X-US SC | 0.17% | 3,392 | $484K | Reduce -6.5% |
| EEM iShares MSCI Emerging Market | 0.15% | 8,108 | $433K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.15% | 7,968 | $432K | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.15% | 1,329 | $419K | Add +55.4% |
| RWX State Street SPDR Dow Jones | 0.15% | 14,984 | $417K | Reduce -0.4% |
| HD Home Depot Inc. | 0.14% | 947 | $384K | No change |
| ITW Illinois Tool Works | 0.13% | 1,440 | $375K | No change |
| DEHP Dimensional Emrg MRK Hi Prof | 0.13% | 12,233 | $374K | Add +8.5% |
| PG The Procter & Gamble Co. | 0.13% | 2,300 | $353K | Reduce -3.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.13% | 4,046 | $353K | Reduce -26.4% |
| MKC McCormick & Co.-Non VTG SHRS | 0.12% | 4,883 | $327K | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.11% | 12,608 | $307K | Reduce -10.0% |
| XOM Exxon Mobil Corp. | 0.11% | 2,720 | $307K | No change |
| DFUV Dimensional US Marketwide Va | 0.11% | 6,714 | $300K | No change |
| DFAE Dimensional Emerging Core Eq | 0.11% | 9,340 | $294K | Reduce -3.6% |
| ACWI iShares MSCI Acwi ETF | 0.11% | 2,130 | $294K | No change |
| MDY State Street SPDR S&P Midcap | 0.10% | 476 | $284K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.10% | 2,028 | $283K | No change |
| BLK BlackRock Inc. | 0.10% | 238 | $277K | No change |
| JNJ Johnson & Johnson | 0.10% | 1,445 | $268K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 944 | $266K | No change |
| JETS US Global Jets ETF | 0.09% | 10,376 | $256K | New |
| SYY Sysco Corp. | 0.09% | 2,999 | $247K | No change |
| NSC Norfolk Southern Corp. | 0.08% | 789 | $237K | No change |
| MRK Merck & Co. Inc. | 0.08% | 2,820 | $237K | No change |
| IJR iShares Core S&P Small-Cap E | 0.08% | 1,980 | $235K | No change |
| ABBV Abbvie Inc. | 0.08% | 961 | $223K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.07% | 421 | $202K | No change |
| AMGN Amgen Inc. | 0.07% | 696 | $196K | Reduce -4.9% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.06% | 3,472 | $179K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 1,848 | $176K | No change |
| DFEM Dimensional Emrg MRKT Core | 0.06% | 5,401 | $173K | No change |
| SCHD Schwab US DVD Equity ETF | 0.06% | 6,327 | $173K | Reduce -5.0% |
| GE General Electric filed as GE AEROSPACE | 0.06% | 572 | $172K | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 0.06% | 227 | $169K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 222 | $163K | No change |
| EFA iShares MSCI Eafe ETF | 0.06% | 1,744 | $163K | No change |
| TLT iShares 20+ Year Treasury BD | 0.06% | 1,772 | $158K | No change |
| VT Vanguard Tot World STK ETF | 0.05% | 1,098 | $151K | Reduce -10.4% |
| IYJ iShares U.S. Industrials ETF | 0.05% | 1,000 | $146K | No change |
| MCD McDonald's Corp. | 0.05% | 479 | $146K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 1,216 | $139K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 2,034 | $139K | No change |
| IBDQ iShares Ibonds Dec 2025 Term | 0.05% | 5,292 | $133K | Reduce -11.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.05% | 139 | $132K | No change |
| DFIC Dimensional International Co. | 0.04% | 3,807 | $125K | Reduce -0.0% |
| TXN Texas Instruments Inc. | 0.04% | 625 | $115K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $638 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 25 | $638 | No change |
Total filed on the 13F, all lines: $279.4M.
Portfolio Sells Q2 2025 → Q3 2025
| AAPL Apple Inc. | Reduce -31.5% | 4.49% | −1.29 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -1.1% | 8.06% | −0.81 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.7% | 4.62% | −0.21 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.3% | 6.66% | −0.18 |
| EFV iShares MSCI Eafe Value ETF | Reduce -4.3% | 1.87% | −0.13 |
| VNQ Vanguard Real Estate ETF | Reduce -9.6% | 0.68% | −0.12 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.7% | 0.96% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -26.4% | 0.13% | −0.05 |
| IEMG iShares Core MSCI Emerging | Reduce -18.4% | 0.23% | −0.05 |
| SUB iShares Short-Term National | Reduce -0.5% | 0.52% | −0.05 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -10.2% | 0.22% | −0.05 |
| EDIV State Street SPDR S&P Emergi | Reduce -12.6% | 0.19% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -1.2% | 0.99% | −0.03 |
| WMT Walmart Inc. | Reduce -0.8% | 0.53% | −0.02 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -10.0% | 0.11% | −0.02 |
| IUSV iShares Core S&P U.S. Value | Reduce -1.2% | 0.47% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -3.2% | 0.13% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.7% | 0.69% | −0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -6.5% | 0.17% | −0.02 |
| IFGL iShares International Develo | Reduce -0.5% | 0.20% | −0.02 |
| RWX State Street SPDR Dow Jones | Reduce -0.4% | 0.15% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -11.7% | 0.05% | −0.01 |
| AMGN Amgen Inc. | Reduce -4.9% | 0.07% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -45.0% | 0.01% | −0.01 |
| VT Vanguard Tot World STK ETF | Reduce -10.4% | 0.05% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -5.0% | 0.06% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -21.3% | 0.02% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -37.4% | 0.02% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -27.9% | 0.01% | −0.01 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.01 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.01 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -13.8% | 0.02% | −0.01 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.00 |
| DFAE Dimensional Emerging Core Eq | Reduce -3.6% | 0.11% | −0.00 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.00 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.00 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.00 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.00 |
| DFAC Dimensional US Core Equity 2 | Reduce -11.4% | 0.03% | −0.00 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.00 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.00 |
| BG Bunge Global SA | Sold out | 0.00% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -59.4% | 0.00% | −0.00 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.00 |
| ADEA Adeia Inc. | Sold out | 0.00% | −0.00 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.00 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.00 |
| MET Metlife Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| IGSB iShares 1-5Y Inv Grade Corp. | Add +18.6% | 20.92% | +1.71 |
| DFAU Dimensional US Core Equity M | Add +13.6% | 5.88% | +0.63 |
| DFLV Dim US Large Cap Value ETF | Add +19.2% | 3.70% | +0.50 |
| DFAT Dimensional US Target Value | Add +19.2% | 1.58% | +0.23 |
| MSFT Microsoft Corp. | Add +71.5% | 0.41% | +0.16 |
| DFIV Dimensional International Va | Add +4.7% | 3.75% | +0.11 |
| JETS US Global Jets ETF | New | 0.09% | +0.09 |
| DFAS Dimensional US Small Cap ETF | Add +9.2% | 1.11% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +40.3% | 0.24% | +0.07 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +11.2% | 2.97% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +55.4% | 0.15% | +0.05 |
| DUHP Dimensional US High Profi Et | Add +12.0% | 0.65% | +0.05 |
| VTIP Vanguard Short-Term Tips | Add +12.2% | 1.40% | +0.04 |
| VZ Verizon Communications Inc. | Add +1658.4% | 0.03% | +0.03 |
| DFEV Dimensional Emrg MRKT Val | Add +4.7% | 1.51% | +0.03 |
| C Citigroup Inc. | New | 0.02% | +0.02 |
| VONG Vanguard Russell 1000 Growth | Add +119.0% | 0.04% | +0.02 |
| DISV Dimensional International SM | Add +2.4% | 0.97% | +0.01 |
| FBND Fidelity Total Bond ETF | Add +378.5% | 0.01% | +0.01 |
| DEHP Dimensional Emrg MRK Hi Prof | Add +8.5% | 0.13% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.00% | +0.00 |
| SCHX Schwab US Large-Cap ETF | New | 0.00% | +0.00 |
| EWX State Street SPDR S&P Emergi | Add +1.4% | 0.58% | +0.00 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 0.00% | +0.00 |
| PXF Invesco Rafi Developed Marke | New | 0.00% | +0.00 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | New | 0.00% | +0.00 |
| JPST JPMorgan Ultra-Short Income | New | 0.00% | +0.00 |
| SCMB Schwab Municipal Bond ETF | New | 0.00% | +0.00 |
| SPEM State Street SP PTF Em ETF | Add +172.1% | 0.00% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Add +18.4% | 0.01% | +0.00 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.00% | +0.00 |
| MO Altria Group Inc. | Add +1.0% | 0.01% | +0.00 |
| SCHG Schwab US Large-Cap Growth | New | 0.00% | +0.00 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | New | 0.00% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +177.3% | 0.00% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.00% | +0.00 |
| BOF Branchout Food Inc. | New | 0.00% | +0.00 |
| AMPG Amplitech Group Inc. | New | 0.00% | +0.00 |
| SCHF Schwab Intl Equity ETF | Add +17.2% | 0.00% | +0.00 |
| RDZN Roadzen Inc. | New | 0.00% | +0.00 |
| SCHH Schwab US REIT ETF | Add +38.5% | 0.00% | 0.00 |
| VHT Vanguard Health Care ETF | Add +0.7% | 0.01% | −0.00 |
| SGOV iShares 0-3 Month Treasury B | Add +1.1% | 0.01% | −0.00 |
| USRT iShares Core US REIT ETF | Add +1.2% | 0.04% | −0.00 |
| DFIS Dimensional International SM | Add +2.8% | 0.64% | −0.00 |
| DFAR Dimensional US Real Est ETF | Add +7.3% | 1.34% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.2% | 0.23% | −0.01 |
| DIHP Dimensional International Hi | Add +0.7% | 0.21% | −0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +0.6% | 1.08% | −0.02 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +4.1% | 1.25% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,042 | $312.0M | IGSB, VCSH, VTI, DFAU, DFLV |
| Q4 2025 | 270 | $295.5M | IGSB, VCSH, VTI, DFAU, AAPL |
| Q3 2025 | 253 | $279.4M | IGSB, VCSH, VTI, DFAU, VTV |
| Q2 2025 | 267 | $255.2M | IGSB, VCSH, VTI, AAPL, DFAU |
| Q1 2025 | 233 | $226.6M | IGSB, VCSH, AAPL, VTI, VTV |
| Q4 2024 | 256 | $215.7M | IGSB, VCSH, AAPL, VTI, VTV |
| Q3 2024 | 242 | $205.9M | IGSB, AAPL, VCSH, VTI, VTV |
| Q2 2024 | 249 | $185.7M | AAPL, VCSH, IGSB, VTI, VTV |
| Q1 2024 | 220 | $161.1M | VCSH, IGSB, VTI, VTV, DFNM |