Maryland Capital Advisors Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Maryland Capital Advisors Inc. reported 270 stock positions worth $295.5 million. Its top holding was iShares 1-5Y Inv Grade (IGSB) at 22.2% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 7.6%) and VG Morningstar TS MKT ETF-US (VTI, 6.4%). Compared with Q3 2025, it opened 23 new positions, sold out of 6, added to 48 and reduced 43. The biggest buy was iShares 1-5Y Inv Grade (IGSB, shares +13%) and the biggest sale Vanguard S/T Corp. Bond ETF (VCSH, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CHESTER, MD
- CIK
- 0001891201
- Portfolio Value
- $295.5M (Q4 2025)
- SEC Filing
- 0001891201-26-000001 ↗ filed Jan 20, 2026
Holdings Value
Holdings 270 stocks · $295.5M
| IGSB iShares 1-5Y Inv Grade Corp. | 22.22% | 1,241,553 | $65.7M | Add +12.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 7.57% | 280,664 | $22.4M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 6.39% | 56,289 | $18.9M | Reduce -0.7% |
| DFAU Dimensional US Core Equity M | 5.94% | 375,239 | $17.6M | Add +4.4% |
| AAPL Apple Inc. | 4.46% | 48,491 | $13.2M | Reduce -1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.46% | 68,943 | $13.2M | Reduce -0.4% |
| DFLV Dim US Large Cap Value ETF | 4.07% | 351,235 | $12.0M | Add +11.6% |
| DFIV Dimensional International Va | 3.92% | 232,118 | $11.6M | Add +2.3% |
| DFAI Dimensional International Co. | 2.79% | 216,531 | $8.3M | Add +1.8% |
| ISTB iShares Core 1-5 Year Usd Bo | 2.69% | 163,051 | $7.9M | Reduce -3.9% |
| DFNM Dimensional National Muni BD | 2.40% | 147,095 | $7.1M | Add +8.2% |
| EFV iShares MSCI Eafe Value ETF | 1.83% | 75,742 | $5.4M | Reduce -1.6% |
| DFAT Dimensional US Target Value | 1.69% | 83,791 | $5.0M | Add +10.5% |
| DFEV Dimensional Emrg MRKT Val | 1.52% | 133,218 | $4.5M | Add +0.5% |
| VTIP Vanguard Short-Term Tips | 1.43% | 85,416 | $4.2M | Add +10.4% |
| DFAR Dimensional US Real Est ETF | 1.26% | 163,162 | $3.7M | Add +4.0% |
| DFAS Dimensional US Small Cap ETF | 1.17% | 49,616 | $3.5M | Add +9.9% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.13% | 72,782 | $3.3M | Reduce -0.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.10% | 44,735 | $3.3M | Add +0.5% |
| IWF iShares Russell 1000 Growth | 1.05% | 6,529 | $3.1M | Reduce -0.2% |
| DISV Dimensional International SM | 0.99% | 77,065 | $2.9M | Add +1.8% |
| DFUS Dimensional US Eq MKT ETF | 0.95% | 37,731 | $2.8M | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.92% | 12,892 | $2.7M | Reduce -2.6% |
| VEA Vanguard Ftse Developed ETF | 0.92% | 43,581 | $2.7M | Reduce -2.3% |
| DFSD Dimensional Short Duration | 0.87% | 53,835 | $2.6M | No change |
| DFIS Dimensional International SM | 0.64% | 57,663 | $1.9M | Add +1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.64% | 7,326 | $1.9M | Reduce -2.7% |
| IWD iShares Russell 1000 Value E | 0.64% | 8,964 | $1.9M | No change |
| DUHP Dimensional US High Profi Et | 0.62% | 48,233 | $1.8M | Add +0.9% |
| VNQ Vanguard Real Estate ETF | 0.59% | 19,640 | $1.7M | Reduce -5.3% |
| WMT Walmart Inc. | 0.54% | 14,378 | $1.6M | No change |
| EWX State Street SPDR S&P Emergi | 0.54% | 24,141 | $1.6M | Add +0.5% |
| NVDA Nvidia Corp. | 0.50% | 7,905 | $1.5M | Add +2.2% |
| SUB iShares Short-Term National | 0.49% | 13,433 | $1.4M | Reduce -1.0% |
| IUSV iShares Core S&P U.S. Value | 0.45% | 13,061 | $1.3M | Add +0.1% |
| IYW iShares Ustechnology ETF | 0.45% | 6,680 | $1.3M | No change |
| VYMI Vanguard Int High DVD YLD Inc. | 0.44% | 14,608 | $1.3M | Reduce -1.4% |
| MSFT Microsoft Corp. | 0.37% | 2,288 | $1.1M | Add +4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 2,058 | $1.0M | Reduce -4.6% |
| AVGO Broadcom Inc. | 0.35% | 2,977 | $1.0M | No change |
| VOO Vanguard S&P 500 ETF | 0.31% | 1,466 | $919K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 1,066 | $727K | Add +7.9% |
| DIHP Dimensional International Hi | 0.23% | 21,927 | $694K | Add +11.4% |
| VIG Vanguard Dividend Apprec ETF | 0.22% | 3,002 | $660K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.22% | 1,570 | $648K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.22% | 4,656 | $638K | No change |
| IEMG iShares Core MSCI Emerging | 0.21% | 9,186 | $617K | Reduce -3.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.20% | 24,864 | $602K | No change |
| CVX Chevron Corp. | 0.20% | 3,856 | $588K | No change |
| ICSH iShares Ultra Short Duration | 0.19% | 11,250 | $569K | No change |
| IFGL iShares International Develo | 0.19% | 23,987 | $554K | Reduce -0.6% |
| ADP Automatic Data Processing | 0.18% | 2,080 | $535K | No change |
| EDIV State Street SPDR S&P Emergi | 0.17% | 12,726 | $498K | Reduce -5.0% |
| VSS Vanguard Ftse All Wo X-US SC | 0.16% | 3,328 | $477K | Reduce -1.9% |
| JPM JPMorgan Chase & Co. | 0.15% | 1,409 | $454K | Add +6.0% |
| DEHP Dimensional Emrg MRK Hi Prof | 0.15% | 13,349 | $430K | Add +9.1% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 7,965 | $428K | Reduce -0.0% |
| RWX State Street SPDR Dow Jones | 0.14% | 14,837 | $415K | Reduce -1.0% |
| EEM iShares MSCI Emerging Market | 0.14% | 7,445 | $407K | Reduce -8.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.12% | 4,046 | $362K | No change |
| ITW Illinois Tool Works | 0.12% | 1,440 | $355K | No change |
| HD Home Depot Inc. | 0.11% | 975 | $335K | Add +3.0% |
| MKC McCormick & Co.-Non VTG SHRS | 0.11% | 4,883 | $333K | No change |
| GBLI Global Indemnity Group LLC-A | 0.11% | 11,629 | $330K | New |
| XOM Exxon Mobil Corp. | 0.11% | 2,720 | $327K | No change |
| DFUV Dimensional US Marketwide Va | 0.11% | 6,714 | $313K | No change |
| PG The Procter & Gamble Co. | 0.11% | 2,171 | $311K | Reduce -5.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.10% | 12,429 | $302K | Reduce -1.4% |
| ACWI iShares MSCI Acwi ETF | 0.10% | 2,130 | $301K | No change |
| JNJ Johnson & Johnson | 0.10% | 1,445 | $299K | No change |
| DFAE Dimensional Emerging Core Eq | 0.10% | 9,154 | $298K | Reduce -2.0% |
| JETS US Global Jets ETF | 0.10% | 10,461 | $294K | Add +0.8% |
| MRK Merck & Co. Inc. | 0.10% | 2,777 | $292K | Reduce -1.5% |
| MDY State Street SPDR S&P Midcap | 0.10% | 476 | $287K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.10% | 2,028 | $286K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 944 | $280K | No change |
| BLK BlackRock Inc. | 0.09% | 238 | $255K | No change |
| IJR iShares Core S&P Small-Cap E | 0.08% | 1,964 | $236K | Reduce -0.8% |
| AMGN Amgen Inc. | 0.08% | 696 | $228K | No change |
| NSC Norfolk Southern Corp. | 0.08% | 789 | $228K | No change |
| ABBV Abbvie Inc. | 0.08% | 987 | $226K | Add +2.7% |
| SYY Sysco Corp. | 0.07% | 2,999 | $221K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.07% | 421 | $205K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 289 | $191K | Add +30.2% |
| GE General Electric filed as GE AEROSPACE | 0.06% | 617 | $190K | Add +7.9% |
| SCHD Schwab US DVD Equity ETF | 0.06% | 6,581 | $181K | Add +4.0% |
| DFEM Dimensional Emrg MRKT Core | 0.06% | 5,401 | $179K | No change |
| IGLB iShares 10+ Year Inv GR Corp. | 0.06% | 3,472 | $175K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 1,848 | $174K | No change |
| EFA iShares MSCI Eafe ETF | 0.06% | 1,744 | $167K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 2,034 | $157K | No change |
| VT Vanguard Tot World STK ETF | 0.05% | 1,098 | $155K | No change |
| TLT iShares 20+ Year Treasury BD | 0.05% | 1,772 | $154K | No change |
| IYJ iShares U.S. Industrials ETF | 0.05% | 1,000 | $148K | No change |
| MCD McDonald's Corp. | 0.05% | 479 | $146K | No change |
| GWW WW Grainger Inc. | 0.05% | 139 | $140K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 1,216 | $138K | No change |
| VGT Vanguard Info Tech ETF | 0.05% | 179 | $135K | Reduce -21.1% |
| DFIC Dimensional International Co. | 0.04% | 3,801 | $131K | Reduce -0.2% |
| VONG Vanguard Russell 1000 Growth | 0.04% | 898 | $109K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $482 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 25 | $482 | No change |
Total filed on the 13F, all lines: $295.5M.
Portfolio Sells Q3 2025 → Q4 2025
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.4% | 7.57% | −0.49 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -3.9% | 2.69% | −0.28 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.7% | 6.39% | −0.27 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.4% | 4.46% | −0.16 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -0.7% | 1.13% | −0.12 |
| VNQ Vanguard Real Estate ETF | Reduce -5.3% | 0.59% | −0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.6% | 0.92% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -0.2% | 1.05% | −0.05 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.7% | 0.64% | −0.05 |
| MAS Masco Corp. | Sold out | 0.00% | −0.04 |
| EFV iShares MSCI Eafe Value ETF | Reduce -1.6% | 1.83% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.6% | 0.35% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.3% | 0.92% | −0.03 |
| SUB iShares Short-Term National | Reduce -1.0% | 0.49% | −0.03 |
| AAPL Apple Inc. | Reduce -1.6% | 4.46% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -5.6% | 0.11% | −0.02 |
| EDIV State Street SPDR S&P Emergi | Reduce -5.0% | 0.17% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -8.2% | 0.14% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -3.7% | 0.21% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -21.1% | 0.05% | −0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.9% | 0.16% | −0.01 |
| IFGL iShares International Develo | Reduce -0.6% | 0.19% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.0% | 0.14% | −0.01 |
| RWX State Street SPDR Dow Jones | Reduce -1.0% | 0.14% | −0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -1.4% | 0.10% | −0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -15.9% | 0.02% | −0.01 |
| DFAE Dimensional Emerging Core Eq | Reduce -2.0% | 0.10% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.8% | 0.08% | −0.00 |
| USRT iShares Core US REIT ETF | Reduce -2.6% | 0.04% | −0.00 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -1.4% | 0.44% | −0.00 |
| DFAC Dimensional US Core Equity 2 | Reduce -13.3% | 0.02% | −0.00 |
| VIVK Vivakor Inc. | Sold out | 0.00% | −0.00 |
| EEMS iShares MSCI Emerging MKT SM | Reduce -4.4% | 0.03% | −0.00 |
| JPC Nuveen Prefered & Income Opp | Reduce -0.0% | 0.03% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -7.9% | 0.01% | −0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -2.7% | 0.01% | −0.00 |
| VXUS Vanguard Total Intl Stock | Reduce -1.9% | 0.01% | −0.00 |
| DFIC Dimensional International Co. | Reduce -0.2% | 0.04% | −0.00 |
| KOPN Kopin Corp. | Sold out | 0.00% | −0.00 |
| IWO iShares Russell 2000 Growth | Reduce -25.0% | 0.00% | −0.00 |
| EIRL iShares MSCI Ireland ETF | Reduce -9.4% | 0.00% | −0.00 |
| RBBN Ribbon Communications Inc. | Sold out | 0.00% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -36.1% | 0.00% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -2.6% | 0.00% | −0.00 |
| SCHH Schwab US REIT ETF | Reduce -66.7% | 0.00% | −0.00 |
| ZIMV Zimvie Inc. | Sold out | 0.00% | 0.00 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -8.3% | 0.00% | +0.00 |
| MRK Merck & Co. Inc. | Reduce -1.5% | 0.10% | +0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| IGSB iShares 1-5Y Inv Grade Corp. | Add +12.7% | 22.22% | +1.30 |
| DFLV Dim US Large Cap Value ETF | Add +11.6% | 4.07% | +0.36 |
| DFIV Dimensional International Va | Add +2.3% | 3.92% | +0.17 |
| GBLI Global Indemnity Group LLC-A | New | 0.11% | +0.11 |
| DFAT Dimensional US Target Value | Add +10.5% | 1.69% | +0.11 |
| DFAS Dimensional US Small Cap ETF | Add +9.9% | 1.17% | +0.06 |
| DFNM Dimensional National Muni BD | Add +8.2% | 2.40% | +0.06 |
| DFAU Dimensional US Core Equity M | Add +4.4% | 5.94% | +0.06 |
| VTIP Vanguard Short-Term Tips | Add +10.4% | 1.43% | +0.03 |
| DFAI Dimensional International Co. | Add +1.8% | 2.79% | +0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +0.5% | 1.10% | +0.02 |
| DISV Dimensional International SM | Add +1.8% | 0.99% | +0.02 |
| DIHP Dimensional International Hi | Add +11.4% | 0.23% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +278.8% | 0.03% | +0.02 |
| AMZN Amazon.com Inc. | Add +215.5% | 0.03% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +681.8% | 0.02% | +0.02 |
| IWM iShares Russell 2000 ETF | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +140.6% | 0.02% | +0.01 |
| DEHP Dimensional Emrg MRK Hi Prof | Add +9.1% | 0.15% | +0.01 |
| DVY iShares Select Dividend ETF | Add +82.7% | 0.03% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.9% | 0.25% | +0.01 |
| XLK SS Technology Select Sector | New | 0.01% | +0.01 |
| DFEV Dimensional Emrg MRKT Val | Add +0.5% | 1.52% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +240.7% | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | New | 0.01% | +0.01 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | New | 0.01% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +25.0% | 0.02% | +0.01 |
| JETS US Global Jets ETF | Add +0.8% | 0.10% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| META Meta Platforms Inc. Class A | Add +30.2% | 0.06% | +0.01 |
| RTX RTX Corp. | New | 0.00% | +0.00 |
| VRT Vertiv Holdings Co. Class A | New | 0.00% | +0.00 |
| BA The Boeing Co. | New | 0.00% | +0.00 |
| APP AppLovin Corp. Class A | New | 0.00% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +6.0% | 0.15% | +0.00 |
| MA Mastercard Inc. Class A | Add +25.9% | 0.02% | +0.00 |
| CEG Constellation Energy | New | 0.00% | +0.00 |
| HIG Hartford Insurance Group Inc. | New | 0.00% | +0.00 |
| SBUX Starbucks Corp. | New | 0.00% | +0.00 |
| GE General Electric | Add +7.9% | 0.06% | +0.00 |
| UNH Unitedhealth Group Inc. | New | 0.00% | +0.00 |
| SYK Stryker Corp. | Add +26.7% | 0.02% | +0.00 |
| CPRT Copart Inc. | New | 0.00% | +0.00 |
| C Citigroup Inc. | Add +0.6% | 0.03% | +0.00 |
| SGOV iShares 0-3 Month Treasury B | Add +23.9% | 0.02% | +0.00 |
| ORLY O'reilly Automotive Inc. | New | 0.00% | +0.00 |
| CI The Cigna Group | New | 0.00% | +0.00 |
| SRBK Sr Bancorp Inc. | New | 0.00% | +0.00 |
| NMZ Nuveen Muni Hi Inc. Opport | New | 0.00% | +0.00 |
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 |