Scarborough Advisors, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Scarborough Advisors, LLC reported 454 stock positions worth $243.2 million. Its top holding was iShares MSCI USA Quality Fac (QUAL) at 16.8% of the portfolio, followed by Ishrs US E F R A ETF-Usd (DYNF, 12.3%) and First Trust Capital Strength (FTCS, 7.0%). Compared with Q1 2024, it opened 53 new positions, sold out of 17, added to 153 and reduced 62. The biggest buy was iShares MSCI USA Quality Fac (QUAL, shares +133%) and the biggest sale SS SPDR R1000 Lo Vol Foc ETF (ONEV, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- ANNAPOLIS, MD
- CIK
- 0001815355
- Portfolio Value
- $243.2M (Q2 2024)
- SEC Filing
- 0001815355-24-000010 ↗ filed Aug 8, 2024
Holdings Value
Holdings 454 stocks · $243.2M
| QUAL iShares MSCI USA Quality Fac | 16.81% | 239,446 | $40.9M | Add +132.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 12.35% | 639,780 | $30.0M | Add +67.8% |
| FTCS First Trust Capital Strength | 7.00% | 202,472 | $17.0M | Add +2.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 5.77% | 237,246 | $14.0M | Reduce -14.7% |
| IQLT iShares MSCI International Q | 5.54% | 344,771 | $13.5M | Add +13.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.03% | 191,056 | $12.2M | Add +44.9% |
| EELV Invesco S&P Emerging Markets | 4.07% | 420,023 | $9.9M | Add +24.1% |
| RDVY First Trust Rising Dividend | 3.93% | 174,810 | $9.6M | New |
| BINC iShares Flex I A ETF-Usd Inc. | 3.71% | 172,801 | $9.0M | Reduce -2.5% |
| XLE SS Energy Select Sector | 2.96% | 78,910 | $7.2M | Reduce -0.4% |
| MDY State Street SPDR S&P Midcap | 2.59% | 11,777 | $6.3M | Reduce -4.7% |
| GLD SPDR Gold Shares | 2.38% | 26,945 | $5.8M | Add +0.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.37% | 118,313 | $5.8M | Add +8.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.20% | 129,030 | $5.4M | Reduce -34.6% |
| HEFA Isha Curr Hedged MSCI Eafe | 1.87% | 128,246 | $4.6M | Reduce -25.6% |
| FLOT iShares Floating Rate Bond E | 1.59% | 75,680 | $3.9M | Reduce -2.5% |
| XAR SS SPDR S&P Aerospace Def | 1.46% | 25,454 | $3.6M | Add +7.5% |
| AAPL Apple Inc. | 1.38% | 15,969 | $3.4M | Add +2.9% |
| VDE Vanguard Energy ETF | 1.31% | 25,003 | $3.2M | Add +2500200.0% |
| IEMG iShares Core MSCI Emerging | 1.16% | 52,858 | $2.8M | Add +709.7% |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | 1.16% | 23,866 | $2.8M | Reduce -78.9% |
| NVDA Nvidia Corp. | 1.05% | 20,720 | $2.6M | Add +1.0% |
| FTSM First Trust Enh Short Mat FD | 1.01% | 41,058 | $2.4M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 0.95% | 12,016 | $2.3M | Add +5.2% |
| IFRA iShares US Infrastructure | 0.95% | 54,654 | $2.3M | Add +6.6% |
| MINT PIMCO Enhanced Short Maturit | 0.73% | 17,665 | $1.8M | Reduce -3.0% |
| PULS Pgim Ultra Short Bond ETF | 0.72% | 35,040 | $1.7M | Add +533.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.49% | 2,483 | $1.2M | Add +14.0% |
| JQUA JPMorgan US Quality Factor | 0.48% | 22,076 | $1.2M | Reduce -88.3% |
| IGEB iShares Investment Grade SYS | 0.37% | 20,032 | $889K | New |
| RTX RTX Corp. | 0.29% | 7,086 | $711K | Add +0.1% |
| COST Costco Wholesale Corp. | 0.23% | 664 | $564K | Add +9.8% |
| AMGN Amgen Inc. | 0.23% | 1,751 | $547K | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 0.22% | 2,993 | $545K | Add +12.4% |
| T AT&T Inc. | 0.20% | 25,972 | $496K | Add +0.2% |
| GM General Motors Co. | 0.18% | 9,579 | $445K | Add +0.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.18% | 8,615 | $442K | Reduce -84.4% |
| GOOG Alphabet Inc. Class C | 0.17% | 2,199 | $403K | Reduce -11.2% |
| ET Energy Transfer LP | 0.16% | 24,656 | $400K | Reduce -6.4% |
| ICVT iShares Convertible Bond ETF | 0.15% | 4,699 | $369K | Add +1.3% |
| TSLA Tesla Inc. | 0.15% | 1,802 | $357K | Add +5.9% |
| MPC Marathon Petroleum Corp. | 0.14% | 1,983 | $344K | Add +0.3% |
| FTV Fortive Corp. | 0.14% | 4,469 | $331K | Add +0.0% |
| COP Conocophillips | 0.13% | 2,783 | $318K | Reduce -4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 699 | $284K | Add +0.6% |
| V Visa Inc. Class A | 0.11% | 999 | $262K | Add +3.5% |
| VLTO Veralto Corp. | 0.11% | 2,700 | $258K | No change |
| SPGP Invesco S&P 500 Garp ETF | 0.10% | 2,455 | $252K | Reduce -96.7% |
| XOM Exxon Mobil Corp. | 0.09% | 1,914 | $220K | Reduce -15.1% |
| AVGO Broadcom Inc. | 0.09% | 134 | $215K | Add +106.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.08% | 2,699 | $196K | Add +1.5% |
| ABBV Abbvie Inc. | 0.08% | 1,103 | $189K | Add +1.1% |
| ESGU iShares ESG Aware MSCI USA | 0.08% | 1,585 | $189K | Add +2.3% |
| SLV iShares Silver Trust | 0.08% | 7,067 | $188K | Add +4.3% |
| FTI Technipfmc PLC | 0.07% | 6,942 | $182K | New |
| JPM JPMorgan Chase & Co. | 0.07% | 889 | $180K | Add +1.0% |
| META Meta Platforms Inc. Class A | 0.07% | 356 | $180K | Add +5.6% |
| ELV Elevance Health Inc. | 0.07% | 300 | $163K | Add +50.0% |
| VZ Verizon Communications Inc. | 0.06% | 3,828 | $158K | Add +5.5% |
| DGRW Wisdomtree U.S. Quality Divi | 0.06% | 1,974 | $154K | Reduce -0.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.06% | 1,918 | $154K | Add +2.1% |
| BA The Boeing Co. | 0.06% | 818 | $149K | Add +1.6% |
| XLC SS Comm Select Sector SPDR | 0.05% | 1,536 | $132K | Reduce -12.8% |
| BKH Black Hills Corp. | 0.05% | 2,407 | $131K | Add +1.1% |
| FIXD First Trust Smith Opportunis | 0.05% | 2,843 | $122K | Reduce -13.7% |
| UNH Unitedhealth Group Inc. | 0.05% | 231 | $118K | Add +1.3% |
| DUK Duke Energy Corp. | 0.05% | 1,131 | $113K | Add +0.3% |
| JAAA Janus Henderson Aaa Clo ETF | 0.05% | 2,184 | $111K | Add +15.5% |
| XEL Xcel Energy Inc. | 0.04% | 2,018 | $108K | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.04% | 2,427 | $101K | Add +22.9% |
| CMCSA Comcast Corp. Class A | 0.04% | 2,562 | $100K | Add +1.2% |
| ORCL Oracle Corp. | 0.04% | 704 | $99K | Add +13.9% |
| FXB Invesco Currencyshares Briti | 0.04% | 812 | $99K | No change |
| VSDA Victoryshares Dividend Accel | 0.04% | 2,023 | $98K | Reduce -23.1% |
| XLF SS Financial Select Sector | 0.04% | 2,276 | $94K | Reduce -19.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 2,194 | $87K | Add +7.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.04% | 226 | $87K | Add +26.3% |
| ETN Eaton Corp. PLC | 0.03% | 265 | $83K | Add +0.4% |
| ABT Abbott Laboratories | 0.03% | 770 | $80K | Add +1.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.03% | 872 | $76K | Add +8.7% |
| MRK Merck & Co. Inc. | 0.03% | 606 | $75K | Add +1.3% |
| PSA Public Storage | 0.03% | 259 | $75K | Add +0.8% |
| ESGD iShares Trust iShares ESG Aw | 0.03% | 811 | $64K | Reduce -4.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.03% | 760 | $64K | No change |
| MMM 3M Co. | 0.03% | 623 | $64K | Add +0.3% |
| ADX Adams Diversified Equity | 0.02% | 2,820 | $61K | Add +0.3% |
| CSCO Cisco Systems Inc. | 0.02% | 1,254 | $60K | Add +1.2% |
| MO Altria Group Inc. | 0.02% | 1,283 | $58K | Add +18.5% |
| MELI MercadoLibre Inc. | 0.02% | 35 | $58K | No change |
| CDW CDW Corp. | 0.02% | 256 | $57K | Add +0.4% |
| EAGG iShares ESG Aware US Aggrega | 0.02% | 1,224 | $57K | Reduce -42.1% |
| AVUV Avantis US Small Cap Value | 0.02% | 629 | $56K | Reduce -7.0% |
| AMD Advanced Micro Devices | 0.02% | 340 | $55K | Add +17.6% |
| JMBS Janus Henderson Mortg Backed | 0.02% | 1,232 | $55K | Add +1.3% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.02% | 1,867 | $54K | Reduce -14.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.02% | 517 | $51K | Reduce -19.0% |
| AEE Ameren Corporation | 0.02% | 713 | $51K | Add +1.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.02% | 1,201 | $51K | Add +1.8% |
| ADBE Adobe Inc. | 0.02% | 89 | $49K | Add +2.3% |
| XLK SS Technology Select Sector | 0.02% | 211 | $48K | No change |
Lines left out (2) · $17 — 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 |
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: $243.2M.
Portfolio Sells Q1 2024 → Q2 2024
| ONEV SS SPDR R1000 Lo Vol Foc ETF | Reduce -78.9% | 1.16% | −5.33 |
| JQUA JPMorgan US Quality Factor | Reduce -88.3% | 0.48% | −4.14 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -96.7% | 0.10% | −3.55 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -34.6% | 2.20% | −1.73 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -14.7% | 5.77% | −1.64 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -84.4% | 0.18% | −1.18 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -25.6% | 1.87% | −0.91 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -2.5% | 3.71% | −0.59 |
| MDY State Street SPDR S&P Midcap | Reduce -4.7% | 2.59% | −0.59 |
| XLE SS Energy Select Sector | Reduce -0.4% | 2.96% | −0.50 |
| FLOT iShares Floating Rate Bond E | Reduce -2.5% | 1.59% | −0.25 |
| FTSM First Trust Enh Short Mat FD | Reduce -2.3% | 1.01% | −0.15 |
| MINT PIMCO Enhanced Short Maturit | Reduce -3.0% | 0.73% | −0.12 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -96.6% | 0.00% | −0.08 |
| COP Conocophillips | Reduce -4.8% | 0.13% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -15.1% | 0.09% | −0.03 |
| ET Energy Transfer LP | Reduce -6.4% | 0.16% | −0.03 |
| EAGG iShares ESG Aware US Aggrega | Reduce -42.1% | 0.02% | −0.02 |
| VSDA Victoryshares Dividend Accel | Reduce -23.1% | 0.04% | −0.02 |
| ACN Accenture PLC Class A | Reduce -51.8% | 0.01% | −0.02 |
| IIIN Insteel Industries Inc. | Reduce -75.0% | 0.00% | −0.02 |
| XLF SS Financial Select Sector | Reduce -19.5% | 0.04% | −0.02 |
| FIXD First Trust Smith Opportunis | Reduce -13.7% | 0.05% | −0.02 |
| SMH Vaneck Semiconductor ETF | Reduce -86.0% | 0.00% | −0.01 |
| XLC SS Comm Select Sector SPDR | Reduce -12.8% | 0.05% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -76.0% | 0.00% | −0.01 |
| SPGM State Street SPDR Portfolio | Reduce -31.7% | 0.02% | −0.01 |
| FIF First Trust Energy Infrastru | Sold out | 0.00% | −0.01 |
| VIS Vanguard Industrials ETF | Reduce -30.7% | 0.01% | −0.01 |
| DELL Dell Technologies -C | Reduce -37.3% | 0.02% | −0.01 |
| VCR Vanguard Consumer Discre ETF | Reduce -32.4% | 0.01% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -32.7% | 0.02% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -11.2% | 0.17% | −0.01 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -19.0% | 0.02% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -48.0% | 0.01% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Reduce -22.5% | 0.01% | −0.01 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.6% | 0.06% | −0.01 |
| AVUV Avantis US Small Cap Value | Reduce -7.0% | 0.02% | −0.01 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -14.5% | 0.02% | −0.01 |
| IR Ingersoll-Rand Inc. | Reduce -15.6% | 0.01% | −0.01 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -42.3% | 0.00% | −0.01 |
| IDLV Invesco S&P International DE | Reduce -88.6% | 0.00% | −0.01 |
| ESGD iShares Trust iShares ESG Aw | Reduce -4.0% | 0.03% | −0.01 |
| AMJ JPMorgan Alerian MLP Index | Sold out | 0.00% | −0.01 |
| RWO State Street SPDR Dow Jones | Reduce -61.3% | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.9% | 0.02% | −0.00 |
| TFLO iShares Treasury Floating Ra | Reduce -12.0% | 0.01% | −0.00 |
| DGRE Wisdomtree Emerging Markets | Reduce -91.8% | 0.00% | −0.00 |
| LYB Lyondellbasell Indu Class A | Reduce -3.0% | 0.01% | −0.00 |
| AGCO Agco Corp. | Reduce -5.7% | 0.01% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| QUAL iShares MSCI USA Quality Fac | Add +132.8% | 16.81% | +8.99 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +67.8% | 12.35% | +4.51 |
| RDVY First Trust Rising Dividend | New | 3.93% | +3.93 |
| VDE Vanguard Energy ETF | Add +2500200.0% | 1.31% | +1.31 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +44.9% | 5.03% | +1.27 |
| IEMG iShares Core MSCI Emerging | Add +709.7% | 1.16% | +1.01 |
| PULS Pgim Ultra Short Bond ETF | Add +533.6% | 0.72% | +0.59 |
| IGEB iShares Investment Grade SYS | New | 0.37% | +0.37 |
| EELV Invesco S&P Emerging Markets | Add +24.1% | 4.07% | +0.33 |
| NVDA Nvidia Corp. | Add +1.0% | 1.05% | +0.19 |
| AAPL Apple Inc. | Add +2.9% | 1.38% | +0.15 |
| FTI Technipfmc PLC | New | 0.07% | +0.07 |
| AVGO Broadcom Inc. | Add +106.2% | 0.09% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +14.0% | 0.49% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +12.4% | 0.22% | +0.04 |
| COST Costco Wholesale Corp. | Add +9.8% | 0.23% | +0.03 |
| ELV Elevance Health Inc. | Add +50.0% | 0.07% | +0.02 |
| EDIV State Street SPDR S&P Emergi | New | 0.01% | +0.01 |
| BOTZ Global X Robotics & Artifici | New | 0.01% | +0.01 |
| GRW TCW Durable Growth ETF | New | 0.01% | +0.01 |
| EIPI FT Energy Income ETF | New | 0.01% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +26.3% | 0.04% | +0.01 |
| TSLA Tesla Inc. | Add +5.9% | 0.15% | +0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +120.7% | 0.02% | +0.01 |
| GEV GE Vernova Inc. | New | 0.01% | +0.01 |
| SLV iShares Silver Trust | Add +4.3% | 0.08% | +0.01 |
| ARKQ ARK Autonomous Tech & Robot | Add +123.2% | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +13.9% | 0.04% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +36.6% | 0.02% | +0.00 |
| CARR Carrier Global Corp. | New | 0.00% | +0.00 |
| SRLN SS Blackstone Sr Loan ETF | Add +22.9% | 0.04% | +0.00 |
| AI C3.AI Inc. Class A | New | 0.00% | +0.00 |
| GEHC GE Healthcare Technology | Add +190.6% | 0.00% | +0.00 |
| PTON Peloton Interactive Inc. Class A | Add +177.3% | 0.01% | +0.00 |
| MO Altria Group Inc. | Add +18.5% | 0.02% | +0.00 |
| KDP Keurig Dr Pepper Inc. | New | 0.00% | +0.00 |
| ARTY iShares Future AI & Tech ETF | Add +114.0% | 0.00% | +0.00 |
| QS Quantumscape Corp. | New | 0.00% | +0.00 |
| TFC Truist Financial Corp. | Add +49.6% | 0.01% | +0.00 |
| JAAA Janus Henderson Aaa Clo ETF | Add +15.5% | 0.05% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +150.0% | 0.00% | +0.00 |
| AMZN Amazon.com Inc. | Add +5.2% | 0.95% | +0.00 |
| ESGE iShares Inc. iShares ESG Awar | Add +13.6% | 0.02% | +0.00 |
| DNUT Krispy Kreme Inc. | New | 0.00% | +0.00 |
| DTM DT Midstream Inc. | Add +0.9% | 0.01% | +0.00 |
| SBLK Star Bulk Carriers Corp. | Add +100.0% | 0.00% | +0.00 |
| AMAT Applied Materials Inc. | New | 0.00% | +0.00 |
| ELF Elf Beauty Inc. | New | 0.00% | +0.00 |
| ANET Arista Networks Inc. | New | 0.00% | +0.00 |
| EQIX Equinix Inc. | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| UTF Cohen & Steers Infrastructur | COM | Sold out | 0 | $1before 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 |