Passive Capital Management, LLC.

Name: Passive Capital Management, LLC. 13F holdings, Q2 2026
Creator: Passive Capital Management, LLC.
Published: 2026-08-10

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Passive Capital Management, LLC. reported 94 stock positions worth $319.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 16.7% of the portfolio, followed by Vanguard Real Estate ETF (VNQ, 12.0%) and Schwab Short-Term US Treas (SCHO, 8.9%). Compared with Q1 2026, it opened 5 new positions, sold out of 15, added to 18 and reduced 42. The biggest buy was Avantis U.S. Equity ETF (AVUS, shares +0%) and the biggest sale JBG Smith Properties (JBGS, shares −91%).

Most Recent 13F: Q2 2026
Location: BALTIMORE, MD
CIK: 0001958250
Portfolio Value: $319.8M (Q2 2026)
SEC Filing: 0001765380-26-000316 ↗ filed Aug 10, 2026

Holdings Value

Holdings 94 stocks · $319.8M


DFAC Dimensional US Core Equity 2	16.70%	1,348,728	$53.4M	Reduce -5.0%
VNQ Vanguard Real Estate ETF	12.00%	433,672	$38.4M	Reduce -0.0%
SCHO Schwab Short-Term US Treas	8.89%	1,166,284	$28.4M	Reduce -5.5%
AVUS Avantis U.S. Equity ETF	6.58%	188,161	$21.0M	Add +0.2%
DFIC Dimensional International Co.	6.04%	560,466	$19.3M	Reduce -7.8%
VTEB Vanguard Tax-Exempt Bond ETF	5.00%	317,901	$16.0M	Reduce -2.2%
AVDE Avantis International Equity	4.80%	186,437	$15.3M	Add +0.4%
SCHB Schwab US Broad Market ETF	4.32%	526,727	$13.8M	Reduce -0.3%
DFSD Dimensional Short Duration	3.49%	232,508	$11.1M	Reduce -11.3%
AVEM Avantis Emerging Markets Eq	2.94%	121,950	$9.4M	Add +0.4%
DFEM Dimensional Emrg MRKT Core	2.25%	217,976	$7.2M	Reduce -4.5%
SCHH Schwab US REIT ETF	1.96%	299,841	$6.3M	Reduce -3.9%
DFAT Dimensional US Target Value	1.43%	76,992	$4.6M	Reduce -2.4%
AVUV Avantis US Small Cap Value	1.30%	40,711	$4.2M	Reduce -8.9%
VTIP Vanguard Short-Term Tips	1.22%	78,774	$3.9M	Add +12.6%
AVSC Avantis US Small Cap Equity	1.15%	62,500	$3.7M	No change
STIP iShares 0-5 Year Tips Bond E	1.09%	33,912	$3.5M	Add +4.2%
EMXC iShares MSCI Emr MRK Ex Chna	0.75%	33,000	$2.4M	Reduce -1.8%
BND Vanguard Total Bond Market	0.73%	31,722	$2.3M	Reduce -21.0%
SCHR Schwab Intermediate-Term US	0.73%	92,914	$2.3M	Add +3.8%
AAPL Apple Inc.	0.64%	7,550	$2.1M	Reduce -3.8%
QQQ Invesco QQQ Trust Series 1	0.63%	3,276	$2.0M	No change
VOO Vanguard S&P 500 ETF	0.63%	3,196	$2.0M	Reduce -5.9%
SCHF Schwab Intl Equity ETF	0.62%	82,405	$2.0M	Add +0.3%
VTES Vanguard SH Term Tax-Ex Bond	0.59%	18,639	$1.9M	Reduce -23.1%
SCHP Schwab U.S. Tips ETF	0.57%	68,868	$1.8M	Add +1.2%
AVDV Avantis Intl S/C Value ETF	0.57%	19,338	$1.8M	Add +0.4%
SCHE Schwab Emrg Mrkts Eqty ETF	0.54%	52,357	$1.7M	Add +0.8%
SCHX Schwab US Large-Cap ETF	0.52%	62,330	$1.7M	No change
MUB iShares National Muni Bond E	0.46%	13,649	$1.5M	Reduce -2.3%
VUG Vanguard Mrngstar GR ETF-Sui	0.45%	2,965	$1.4M	Reduce -84.0%
SCHA Schwab US Small-Cap ETF	0.44%	48,972	$1.4M	Reduce -1.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.38%	1,773	$1.2M	No change
CDP Copt Defense Properties	0.37%	42,921	$1.2M	No change
DFAI Dimensional International Co.	0.33%	27,547	$1.0M	Add +1.0%
AVSU Avantis Resp US Equity ETF	0.32%	13,564	$1.0M	New
ESGV Vanguard ESG US Stock ETF	0.32%	8,520	$1.0M	Add +1.4%
MSFT Microsoft Corp.	0.32%	2,128	$1.0M	Reduce -3.3%
VGT Vanguard Info Tech ETF	0.30%	1,281	$966K	Reduce -87.5%
VB Vanguard Most SM-Cap ETF-Usd	0.28%	3,502	$903K	No change
DISV Dimensional International SM	0.25%	20,881	$793K	Reduce -4.3%
VTV Vanguard Mrngstr Val ETF-Aui	0.25%	4,153	$793K	No change
LLY Eli Lilly & Co.	0.24%	710	$763K	Reduce -2.7%
TEEFX T Rowe PR Tax-Eff Eqty-I	0.24%	8,607	$755K	New
SCHC Schwab Intl Small-Cap Equity	0.23%	15,980	$728K	Add +3.2%
MA Mastercard Inc. Class A	0.22%	1,241	$708K	Add +5.4%
IVV iShares Core S&P 500 ETF	0.22%	1,020	$699K	Add +6.9%
ALRM Alarm.com Holdings Inc.	0.19%	11,928	$609K	No change
GOOGL Alphabet Inc. Class A	0.19%	1,928	$603K	Add +3.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.19%	1,892	$596K	No change
DHS Wisdomtree US High Dividend	0.18%	5,762	$587K	No change
LOW Lowe's Cos Inc.	0.18%	2,416	$583K	Reduce -0.8%
MCD McDonald's Corp.	0.18%	1,847	$564K	Reduce -1.1%
VEU Vanguard Ftse All-World Ex-U	0.17%	7,587	$558K	No change
BHRB Burke & Herbert Financial SE	0.17%	8,715	$543K	New
DFIV Dimensional International Va	0.16%	10,272	$513K	Reduce -0.2%
GOOG Alphabet Inc. Class C	0.16%	1,609	$505K	Reduce -5.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.16%	1,789	$499K	Add +0.6%
AMZN Amazon.com Inc.	0.15%	2,141	$494K	Reduce -9.1%
VSGX Vanguard ESG Intl Stock ETF	0.15%	6,724	$482K	Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B	0.15%	953	$479K	Reduce -11.4%
VYM Vanguard High DVD Yield ETF	0.15%	3,326	$477K	No change
DFSU Dimensional US Sus CORE1 ETF	0.15%	10,800	$469K	No change
DFSI Dimensional Int Sus COR1 ETF	0.14%	10,700	$458K	No change
PG The Procter & Gamble Co.	0.14%	3,169	$454K	Reduce -2.6%
VBIL Vanguard 0-3M T-Bill ETF	0.13%	5,576	$421K	No change
IVOV Vanguard S&P Mid-Cap 400 Val	0.13%	4,026	$407K	No change
VBK Van Morst SML-Cap Gro-Usd Inc.	0.13%	1,330	$402K	Reduce -18.9%
AVSD Avantis Reps Intern Equi ETF	0.12%	5,190	$385K	New
DTH Wisdomtree International Hig	0.12%	7,270	$375K	No change
COF Capital One Financial Corp.	0.11%	1,500	$364K	Reduce -2.7%
IBMQ iShares Ibonds Dec 2028 Muni	0.11%	13,803	$353K	No change
DVY iShares Select Dividend ETF	0.11%	2,500	$353K	No change
JBGS JBG Smith Properties	0.11%	20,632	$351K	Reduce -90.7%
IBDW iShares Ibonds Dec 2031 Corp.	0.10%	15,719	$332K	No change
PM Philip Morris International	0.10%	2,021	$324K	Add +7.8%
FRT Federal Realty Invs Trust	0.10%	3,193	$322K	No change
BAC Bank of America Corp.	0.10%	5,810	$320K	Reduce -9.0%
IBTK iShares Ibonds Dec 2030 Trea	0.10%	15,941	$316K	No change
VHT Vanguard Health Care ETF	0.10%	1,063	$306K	No change
ITOT iShares Core S&P Total U.S.	0.10%	2,048	$305K	No change
CAT Caterpillar Inc.	0.09%	508	$291K	Reduce -2.1%
R Ryder System Inc.	0.09%	1,513	$290K	Reduce -1.2%
DFAE Dimensional Emerging Core Eq	0.09%	8,825	$287K	Reduce -28.8%
JNJ Johnson & Johnson	0.09%	1,349	$279K	Reduce -3.9%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.09%	1,310	$277K	No change
VXF Vanguard Extended Market ETF	0.08%	1,295	$271K	No change
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.08%	829	$241K	Reduce -75.0%
IWV iShares Russell 3000 ETF	0.07%	561	$217K	No change
TFC Truist Financial Corp.	0.07%	4,364	$215K	Reduce -2.0%
IBB iShares Biotechnology ETF	0.07%	1,238	$209K	No change
DFEV Dimensional Emrg MRKT Val	0.06%	6,076	$205K	Reduce -20.0%
IWF iShares Russell 1000 Growth	0.06%	433	$205K	New
VIOV Vanguard S&P Small-Cap 600 V	0.06%	2,058	$201K	No change

Portfolio Sells Q1 2026 → Q2 2026


JBGS JBG Smith Properties	Reduce -90.7%	0.11%	−0.85
DFIC Dimensional International Co.	Reduce -7.8%	6.04%	−0.41
AUB Atlantic Union Bankshares Co.	Sold out	0.00%	−0.31
DFSD Dimensional Short Duration	Reduce -11.3%	3.49%	−0.26
AVUV Avantis US Small Cap Value	Reduce -8.9%	1.30%	−0.18
CBNK Capital Bancorp Inc.	Sold out	0.00%	−0.16
BND Vanguard Total Bond Market	Reduce -21.0%	0.73%	−0.15
VTES Vanguard SH Term Tax-Ex Bond	Reduce -23.1%	0.59%	−0.14
DFEM Dimensional Emrg MRKT Core	Reduce -4.5%	2.25%	−0.10
DFSV Dimensional US Small Cap Val	Sold out	0.00%	−0.10
SUB iShares Short-Term National	Sold out	0.00%	−0.09
XOM Exxon Mobil Corp.	Sold out	0.00%	−0.09
ISCG iShares Morningstar Small-Ca	Sold out	0.00%	−0.09
DFCF Dimensional Core Fixed Inc.	Sold out	0.00%	−0.08
DFLV Dim US Large Cap Value ETF	Sold out	0.00%	−0.08
LMT Lockheed Martin Corp.	Sold out	0.00%	−0.07
NOC Northrop Grumman Corp.	Sold out	0.00%	−0.07
CVX Chevron Corp.	Sold out	0.00%	−0.07
EFA iShares MSCI Eafe ETF	Sold out	0.00%	−0.06
RTX RTX Corp.	Sold out	0.00%	−0.06
DGS Wisdomtree Em Small Cap	Sold out	0.00%	−0.06
JPM JPMorgan Chase & Co.	Sold out	0.00%	−0.06
SCHO Schwab Short-Term US Treas	Reduce -5.5%	8.89%	−0.06
SCHH Schwab US REIT ETF	Reduce -3.9%	1.96%	−0.04
EMXC iShares MSCI Emr MRK Ex Chna	Reduce -1.8%	0.75%	−0.04
DFAT Dimensional US Target Value	Reduce -2.4%	1.43%	−0.04
DFAE Dimensional Emerging Core Eq	Reduce -28.8%	0.09%	−0.04
VBK Van Morst SML-Cap Gro-Usd Inc.	Reduce -18.9%	0.13%	−0.02
CAT Caterpillar Inc.	Reduce -2.1%	0.09%	−0.02
DFEV Dimensional Emrg MRKT Val	Reduce -20.0%	0.06%	−0.02
JNJ Johnson & Johnson	Reduce -3.9%	0.09%	−0.02
DISV Dimensional International SM	Reduce -4.3%	0.25%	−0.01
BRK.B Berkshire Hathaway Inc. Class B	Reduce -11.4%	0.15%	−0.00
R Ryder System Inc.	Reduce -1.2%	0.09%	−0.00
DFIV Dimensional International Va	Reduce -0.2%	0.16%	−0.00
PG The Procter & Gamble Co.	Reduce -2.6%	0.14%	+0.00
MCD McDonald's Corp.	Reduce -1.1%	0.18%	+0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -75.0%	0.08%	+0.00
VSGX Vanguard ESG Intl Stock ETF	Reduce -1.0%	0.15%	+0.01
SCHA Schwab US Small-Cap ETF	Reduce -1.2%	0.44%	+0.01
TFC Truist Financial Corp.	Reduce -2.0%	0.07%	+0.01
BAC Bank of America Corp.	Reduce -9.0%	0.10%	+0.01
AMZN Amazon.com Inc.	Reduce -9.1%	0.15%	+0.01
LOW Lowe's Cos Inc.	Reduce -0.8%	0.18%	+0.01
GOOG Alphabet Inc. Class C	Reduce -5.1%	0.16%	+0.01
MUB iShares National Muni Bond E	Reduce -2.3%	0.46%	+0.01
VOO Vanguard S&P 500 ETF	Reduce -5.9%	0.63%	+0.02
COF Capital One Financial Corp.	Reduce -2.7%	0.11%	+0.03
VGT Vanguard Info Tech ETF	Reduce -87.5%	0.30%	+0.04
LLY Eli Lilly & Co.	Reduce -2.7%	0.24%	+0.04

Portfolio Buys Q1 2026 → Q2 2026


AVUS Avantis U.S. Equity ETF	Add +0.2%	6.58%	+0.35
AVSU Avantis Resp US Equity ETF	New	0.32%	+0.32
TEEFX T Rowe PR Tax-Eff Eqty-I	New	0.24%	+0.24
VTIP Vanguard Short-Term Tips	Add +12.6%	1.22%	+0.17
BHRB Burke & Herbert Financial SE	New	0.17%	+0.17
AVSD Avantis Reps Intern Equi ETF	New	0.12%	+0.12
AVDE Avantis International Equity	Add +0.4%	4.80%	+0.10
STIP iShares 0-5 Year Tips Bond E	Add +4.2%	1.09%	+0.08
IWF iShares Russell 1000 Growth	New	0.06%	+0.06
SCHR Schwab Intermediate-Term US	Add +3.8%	0.73%	+0.06
MA Mastercard Inc. Class A	Add +5.4%	0.22%	+0.05
ESGV Vanguard ESG US Stock ETF	Add +1.4%	0.32%	+0.04
IVV iShares Core S&P 500 ETF	Add +6.9%	0.22%	+0.03
SCHP Schwab U.S. Tips ETF	Add +1.2%	0.57%	+0.03
GOOGL Alphabet Inc. Class A	Add +3.7%	0.19%	+0.03
SCHE Schwab Emrg Mrkts Eqty ETF	Add +0.8%	0.54%	+0.03
VOT Vngrd Mrngstr MC GRW ETF-Usd	Add +0.6%	0.16%	+0.02
AVEM Avantis Emerging Markets Eq	Add +0.4%	2.94%	+0.01
SCHF Schwab Intl Equity ETF	Add +0.3%	0.62%	+0.01
SCHC Schwab Intl Small-Cap Equity	Add +3.2%	0.23%	+0.01
DFAI Dimensional International Co.	Add +1.0%	0.33%	+0.01
PM Philip Morris International	Add +7.8%	0.10%	+0.01
AVDV Avantis Intl S/C Value ETF	Add +0.4%	0.57%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	94	$319.8M	DFAC, VNQ, SCHO, AVUS, DFIC
Q1 2026	104	$334.9M	DFAC, VNQ, SCHO, DFIC, AVUS
Q4 2025	94	$319.8M	DFAC, VNQ, SCHO, AVUS, DFIC
Q3 2025	88	$306.6M	DFAC, VNQ, SCHO, AVUS, DFIC
Q2 2025	82	$321.4M	VNQ, DFAC, VTEB, SCHO, AVUS
Q1 2025	83	$315.8M	VNQ, DFAC, VTEB, SCHO, AVUS
Q4 2024	65	$284.1M	VNQ, DFAC, VTEB, SCHO, AVUS
Q3 2024	65	$286.5M	VNQ, VTEB, DFAC, SCHO, AVUS
Q2 2024	66	$269.4M	VNQ, VTEB, DFAC, SCHO, AVUS
Q1 2024	59	$255.5M	VNQ, VTEB, DFAC, SCHO, AVUS