Scarborough Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Scarborough Advisors, LLC reported 417 stock positions worth $216.0 million. Its top holding was Ishrs US E F R A ETF-Usd (DYNF) at 7.8% of the portfolio, followed by First Trust Capital Strength (FTCS, 7.8%) and iShares MSCI USA Quality Fac (QUAL, 7.8%). Compared with Q4 2023, it opened 27 new positions, sold out of 342, added to 123 and reduced 59. The biggest buy was a new position in Ishrs US E F R A ETF-Usd (DYNF) and the biggest sale an exit from Schwab US Large-Cap ETF (SCHX).
- Most Recent 13F
- Q2 2026
- Location
- ANNAPOLIS, MD
- CIK
- 0001815355
- Portfolio Value
- $216.0M (Q1 2024)
- SEC Filing
- 0001815355-24-000009 ↗ filed May 10, 2024
Holdings Value
Holdings 417 stocks · $216.0M
| DYNF Ishrs US E F R A ETF-Usd Inc. | 7.84% | 381,251 | $16.9M | New |
| FTCS First Trust Capital Strength | 7.83% | 197,571 | $16.9M | Add +2.6% |
| QUAL iShares MSCI USA Quality Fac | 7.82% | 102,831 | $16.9M | Add +61.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 7.41% | 278,116 | $16.0M | Add +46.8% |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | 6.49% | 112,966 | $14.0M | Add +0.2% |
| IQLT iShares MSCI International Q | 5.58% | 303,730 | $12.0M | Add +0.9% |
| JQUA JPMorgan US Quality Factor | 4.62% | 188,789 | $10.0M | Add +5.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 4.30% | 177,229 | $9.3M | New |
| SPSM SS SPDR P S&P 600 Small Cap | 3.93% | 197,388 | $8.5M | Add +1.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.76% | 131,895 | $8.1M | Reduce -4.8% |
| EELV Invesco S&P Emerging Markets | 3.74% | 338,362 | $8.1M | Add +1.9% |
| SPGP Invesco S&P 500 Garp ETF | 3.65% | 74,130 | $7.9M | Add +8.0% |
| XLE SS Energy Select Sector | 3.46% | 79,197 | $7.5M | Reduce -0.6% |
| MDY State Street SPDR S&P Midcap | 3.18% | 12,356 | $6.9M | Add +7.0% |
| HEFA Isha Curr Hedged MSCI Eafe | 2.79% | 172,496 | $6.0M | Add +110.8% |
| GLD SPDR Gold Shares | 2.54% | 26,714 | $5.5M | Add +2.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.54% | 109,597 | $5.5M | New |
| FLOT iShares Floating Rate Bond E | 1.84% | 77,658 | $4.0M | Reduce -4.7% |
| XAR SS SPDR S&P Aerospace Def | 1.54% | 23,672 | $3.3M | Add +8.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.36% | 55,071 | $2.9M | Reduce -1.3% |
| AAPL Apple Inc. | 1.23% | 15,519 | $2.7M | Reduce -9.9% |
| FTSM First Trust Enh Short Mat FD | 1.16% | 42,035 | $2.5M | Reduce -2.5% |
| IFRA iShares US Infrastructure | 1.03% | 51,261 | $2.2M | Add +1.3% |
| AMZN Amazon.com Inc. | 0.95% | 11,425 | $2.1M | Reduce -0.2% |
| NVDA Nvidia Corp. | 0.86% | 2,052 | $1.9M | Add +9.6% |
| MINT PIMCO Enhanced Short Maturit | 0.85% | 18,218 | $1.8M | Add +0.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.45% | 2,178 | $967K | Add +14.8% |
| RTX RTX Corp. | 0.32% | 7,082 | $691K | Add +0.0% |
| AMGN Amgen Inc. | 0.23% | 1,740 | $495K | Reduce -1.0% |
| T AT&T Inc. | 0.21% | 25,909 | $456K | Add +0.1% |
| COST Costco Wholesale Corp. | 0.20% | 605 | $443K | Add +7.8% |
| GM General Motors Co. | 0.20% | 9,552 | $433K | Add +9.0% |
| ET Energy Transfer LP | 0.19% | 26,333 | $414K | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.19% | 2,663 | $402K | Reduce -2.3% |
| MPC Marathon Petroleum Corp. | 0.18% | 1,977 | $398K | Add +0.3% |
| FTV Fortive Corp. | 0.18% | 4,468 | $384K | Add +1.3% |
| GOOG Alphabet Inc. Class C | 0.17% | 2,476 | $377K | Add +10.1% |
| COP Conocophillips | 0.17% | 2,922 | $372K | Reduce -3.1% |
| ICVT iShares Convertible Bond ETF | 0.17% | 4,640 | $370K | Add +3337.0% |
| IEMG iShares Core MSCI Emerging | 0.16% | 6,528 | $337K | Reduce -21.8% |
| TSLA Tesla Inc. | 0.14% | 1,702 | $299K | Add +6.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 695 | $292K | Add +0.4% |
| PULS Pgim Ultra Short Bond ETF | 0.13% | 5,530 | $275K | Add +97.0% |
| V Visa Inc. Class A | 0.12% | 965 | $269K | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.12% | 2,255 | $262K | No change |
| VLTO Veralto Corp. | 0.11% | 2,700 | $239K | Reduce -0.7% |
| ABBV Abbvie Inc. | 0.09% | 1,091 | $199K | Add +3.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.09% | 2,658 | $197K | Reduce -19.9% |
| ESGU iShares ESG Aware MSCI USA | 0.08% | 1,550 | $178K | Reduce -2.0% |
| JPM JPMorgan Chase & Co. | 0.08% | 880 | $176K | Reduce -1.8% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.08% | 2,219 | $169K | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.08% | 337 | $164K | Reduce -18.4% |
| BA The Boeing Co. | 0.07% | 805 | $155K | Add +1.3% |
| SLV iShares Silver Trust | 0.07% | 6,777 | $154K | No change |
| VZ Verizon Communications Inc. | 0.07% | 3,629 | $152K | Add +0.5% |
| DGRW Wisdomtree U.S. Quality Divi | 0.07% | 1,986 | $151K | Add +0.3% |
| XLC SS Comm Select Sector SPDR | 0.07% | 1,762 | $144K | Reduce -24.5% |
| FIXD First Trust Smith Opportunis | 0.07% | 3,296 | $144K | Add +9.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.06% | 1,878 | $137K | Reduce -94.8% |
| VSDA Victoryshares Dividend Accel | 0.06% | 2,630 | $132K | Add +0.3% |
| BKH Black Hills Corp. | 0.06% | 2,380 | $130K | New |
| XLF SS Financial Select Sector | 0.06% | 2,828 | $119K | Reduce -7.7% |
| UNH Unitedhealth Group Inc. | 0.05% | 228 | $113K | No change |
| CMCSA Comcast Corp. Class A | 0.05% | 2,531 | $110K | Reduce -19.8% |
| DUK Duke Energy Corp. | 0.05% | 1,127 | $109K | No change |
| XEL Xcel Energy Inc. | 0.05% | 2,018 | $108K | No change |
| ELV Elevance Health Inc. | 0.05% | 200 | $104K | Reduce -14.9% |
| EAGG iShares ESG Aware US Aggrega | 0.05% | 2,113 | $99K | Add +3.8% |
| FXB Invesco Currencyshares Briti | 0.05% | 812 | $99K | Reduce -6.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.04% | 1,891 | $96K | Add +22.5% |
| ABT Abbott Laboratories | 0.04% | 761 | $87K | Add +0.1% |
| AVGO Broadcom Inc. | 0.04% | 65 | $86K | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.04% | 1,975 | $83K | Add +11.8% |
| ETN Eaton Corp. PLC | 0.04% | 264 | $83K | No change |
| MRK Merck & Co. Inc. | 0.04% | 598 | $79K | Add +3.3% |
| ORCL Oracle Corp. | 0.04% | 618 | $78K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 2,046 | $78K | Add +5.6% |
| PSA Public Storage | 0.03% | 257 | $74K | Add +1.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.03% | 802 | $72K | Add +39.0% |
| ESGD iShares Trust iShares ESG Aw | 0.03% | 845 | $68K | Add +1.8% |
| MMM 3M Co. | 0.03% | 621 | $66K | Reduce -0.5% |
| CDW CDW Corp. | 0.03% | 255 | $65K | No change |
| SPGM State Street SPDR Portfolio | 0.03% | 1,080 | $64K | Add +6.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.03% | 760 | $64K | Reduce -83.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.03% | 638 | $63K | Add +10.2% |
| AVUV Avantis US Small Cap Value | 0.03% | 676 | $63K | Add +23.4% |
| CSCO Cisco Systems Inc. | 0.03% | 1,239 | $62K | Reduce -7.8% |
| DELL Dell Technologies -C | 0.03% | 536 | $61K | Reduce -51.2% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.03% | 2,183 | $61K | Add +20.5% |
| ACN Accenture PLC Class A | 0.03% | 168 | $58K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 179 | $57K | Add +203.4% |
| VGT Vanguard Info Tech ETF | 0.03% | 107 | $56K | No change |
| ULTA Ulta Beauty Inc. | 0.03% | 106 | $55K | No change |
| ADX Adams Diversified Equity | 0.03% | 2,813 | $55K | Add +0.1% |
| JMBS Janus Henderson Mortg Backed | 0.03% | 1,216 | $55K | Add +16.9% |
| MELI MercadoLibre Inc. | 0.02% | 35 | $53K | Add +52.2% |
| VIS Vanguard Industrials ETF | 0.02% | 215 | $53K | No change |
| YUMC Yum China Holdings Inc. | 0.02% | 1,313 | $52K | Add +0.3% |
| AMD Advanced Micro Devices | 0.02% | 289 | $52K | Add +1.1% |
| AEE Ameren Corporation | 0.02% | 700 | $52K | Add +0.9% |
Lines left out (3) · $18 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| MAIN Main Street Capital Corp. | COM | 0 | $11 |
| FALN iShares Fallen Angels ETF | FALN ANGLS USD | 0 | $6 |
| UTF Cohen & Steers Infrastructur | COM | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $216.0M.
Portfolio Sells Q4 2023 → Q1 2024
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −18.74 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −8.46 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −5.90 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −5.70 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −4.32 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −2.72 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −2.40 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −2.10 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −1.78 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −1.73 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.73 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −1.18 |
| MBB iShares MBS ETF | Sold out | 0.00% | −1.04 |
| TFLO iShares Treasury Floating Ra | Reduce -99.2% | 0.02% | −1.02 |
| IXC iShares Global Energy ETF | Sold out | 0.00% | −0.98 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.87 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.77 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.74 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −0.71 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.66 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.63 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -94.8% | 0.06% | −0.43 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.39 |
| ROAM Hartford Multifact Emrg MRKT | Sold out | 0.00% | −0.28 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −0.18 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.17 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.12 |
| SCHP Schwab U.S. Tips ETF | Sold out | 0.00% | −0.10 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.07 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.06 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.06 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.05 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -83.3% | 0.03% | −0.04 |
| F Ford Motor Co. | Sold out | 0.00% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.04 |
| PSX Phillips 66 | Sold out | 0.00% | −0.04 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.03 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.03 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.03 |
| DBEM Xtrackers MSCI Emerging Mark | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.03 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.03 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.02 |
| ESGV Vanguard ESG US Stock ETF | Sold out | 0.00% | −0.02 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.02 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.02 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 7.84% | +7.84 |
| QUAL iShares MSCI USA Quality Fac | Add +61.2% | 7.82% | +5.89 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +46.8% | 7.41% | +5.25 |
| FTCS First Trust Capital Strength | Add +2.6% | 7.83% | +4.66 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 4.30% | +4.30 |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | Add +0.2% | 6.49% | +3.84 |
| IQLT iShares MSCI International Q | Add +0.9% | 5.58% | +3.25 |
| JQUA JPMorgan US Quality Factor | Add +5.0% | 4.62% | +2.85 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 2.54% | +2.54 |
| SPGP Invesco S&P 500 Garp ETF | Add +8.0% | 3.65% | +2.27 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +1.3% | 3.93% | +2.24 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +110.8% | 2.79% | +2.16 |
| EELV Invesco S&P Emerging Markets | Add +1.9% | 3.74% | +2.10 |
| MDY State Street SPDR S&P Midcap | Add +7.0% | 3.18% | +1.98 |
| GLD SPDR Gold Shares | Add +2.0% | 2.54% | +1.51 |
| XAR SS SPDR S&P Aerospace Def | Add +8.2% | 1.54% | +0.93 |
| NVDA Nvidia Corp. | Add +9.6% | 0.86% | +0.67 |
| IFRA iShares US Infrastructure | Add +1.3% | 1.03% | +0.61 |
| MINT PIMCO Enhanced Short Maturit | Add +0.9% | 0.85% | +0.48 |
| QQQ Invesco QQQ Trust Series 1 | Add +14.8% | 0.45% | +0.29 |
| RTX RTX Corp. | Add +0.0% | 0.32% | +0.20 |
| ICVT iShares Convertible Bond ETF | Add +3337.0% | 0.17% | +0.17 |
| GM General Motors Co. | Add +9.0% | 0.20% | +0.14 |
| COST Costco Wholesale Corp. | Add +7.8% | 0.20% | +0.13 |
| MPC Marathon Petroleum Corp. | Add +0.3% | 0.18% | +0.12 |
| T AT&T Inc. | Add +0.1% | 0.21% | +0.12 |
| ET Energy Transfer LP | Add +0.4% | 0.19% | +0.12 |
| FTV Fortive Corp. | Add +1.3% | 0.18% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +10.1% | 0.17% | +0.11 |
| PULS Pgim Ultra Short Bond ETF | Add +97.0% | 0.13% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 0.14% | +0.08 |
| V Visa Inc. Class A | Add +4.2% | 0.12% | +0.07 |
| BKH Black Hills Corp. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +3.1% | 0.09% | +0.06 |
| TSLA Tesla Inc. | Add +6.1% | 0.14% | +0.06 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +0.3% | 0.08% | +0.04 |
| VZ Verizon Communications Inc. | Add +0.5% | 0.07% | +0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Add +0.3% | 0.07% | +0.04 |
| FIXD First Trust Smith Opportunis | Add +9.8% | 0.07% | +0.04 |
| VSDA Victoryshares Dividend Accel | Add +0.3% | 0.06% | +0.04 |
| BA The Boeing Co. | Add +1.3% | 0.07% | +0.03 |
| JAAA Janus Henderson Aaa Clo ETF | Add +22.5% | 0.04% | +0.03 |
| EAGG iShares ESG Aware US Aggrega | Add +3.8% | 0.05% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +203.4% | 0.03% | +0.02 |
| MRK Merck & Co. Inc. | Add +3.3% | 0.04% | +0.02 |
| MOAT Vaneck Morningstar Wide Moat | Add +39.0% | 0.03% | +0.02 |
| SRLN SS Blackstone Sr Loan ETF | Add +11.8% | 0.04% | +0.02 |
| ABT Abbott Laboratories | Add +0.1% | 0.04% | +0.02 |
| BAC Bank of America Corp. | Add +5.6% | 0.04% | +0.02 |
| AVUV Avantis US Small Cap Value | Add +23.4% | 0.03% | +0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | IBOXX INV CP ETF | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 147 | $870.9M | QQQM, SCHX, RECS, VOO, SPYM |
| Q1 2026 | 758 | $913.6M | SCHX, QQQM, DYNF, IGIB, RWL |
| Q4 2025 | 463 | $592.4M | QQQM, DYNF, IEMG, SPYV, QUAL |
| Q3 2025 | 469 | $566.8M | QQQM, QUAL, DYNF, IEMG, SPYM |
| Q2 2025 | 467 | $504.2M | SPYV, QQQM, QUAL, DYNF, IEMG |
| Q1 2025 | 118 | $702.1M | SCHX, QUAL, SPYV, QQQM, IGIB |
| Q4 2024 | 110 | $707.6M | SCHX, QUAL, QQQM, SPYV, DYNF |
| Q3 2024 | 89 | $618.7M | SCHX, QUAL, DYNF, IGIB, TLT |
| Q2 2024 | 454 | $243.2M | QUAL, DYNF, FTCS, EMXC, IQLT |
| Q1 2024 | 417 | $216.0M | DYNF, FTCS, QUAL, EMXC, ONEV |