Scarborough Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Scarborough Advisors, LLC reported 118 stock positions worth $702.1 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 8.7% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 6.4%) and SS SPDR P S&P 500 Value ETF (SPYV, 5.8%). Compared with Q4 2024, it opened 14 new positions, sold out of 6, added to 56 and reduced 42. The biggest buy was a new position in iShares U.S. Thematic Rotati (THRO) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- ANNAPOLIS, MD
- CIK
- 0001815355
- Portfolio Value
- $702.1M (Q1 2025)
- SEC Filing
- 0001986042-25-000009 ↗ filed May 15, 2025
Holdings Value
Holdings 118 stocks · $702.1M
| SCHX Schwab US Large-Cap ETF | 8.72% | 2,773,343 | $61.2M | Reduce -20.3% |
| QUAL iShares MSCI USA Quality Fac | 6.45% | 264,975 | $45.3M | Add +15.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 5.76% | 792,404 | $40.5M | Add +10.9% |
| QQQM Invesco Nasdaq 100 ETF | 5.13% | 186,703 | $36.0M | Add +4.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.88% | 652,135 | $34.3M | Add +4.2% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.88% | 702,306 | $34.2M | Add +3.2% |
| TLT iShares 20+ Year Treasury BD | 3.98% | 306,915 | $27.9M | Reduce -7.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.77% | 402,231 | $26.5M | Reduce -6.0% |
| FTCS First Trust Capital Strength | 2.91% | 227,641 | $20.4M | Add +2.5% |
| VOO Vanguard S&P 500 ETF | 2.60% | 35,491 | $18.2M | Reduce -34.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.16% | 274,813 | $15.1M | Reduce -16.0% |
| RECS Columbia Resear Enh Cor ETF | 2.06% | 435,750 | $14.5M | Add +3.1% |
| IVW iShares S&P 500 Growth ETF | 1.93% | 145,734 | $13.5M | Add +1.6% |
| RDVY First Trust Rising Dividend | 1.88% | 225,535 | $13.2M | Add +1.2% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.73% | 231,250 | $12.1M | Add +9.8% |
| EFV iShares MSCI Eafe Value ETF | 1.68% | 200,561 | $11.8M | Reduce -36.7% |
| GOVI Invesco Equal Weight 0-30 YR | 1.65% | 417,267 | $11.6M | Add +4.6% |
| GLD SPDR Gold Shares | 1.54% | 37,459 | $10.8M | Add +13.9% |
| IVE iShares S&P 500 Value ETF | 1.53% | 56,286 | $10.7M | Add +49.2% |
| IEMG iShares Core MSCI Emerging | 1.49% | 194,029 | $10.5M | Add +62.8% |
| JAAA Janus Henderson Aaa Clo ETF | 1.46% | 202,046 | $10.2M | Add +5.2% |
| THRO iShares U.S. Thematic Rotati | 1.46% | 322,624 | $10.2M | New |
| SCHZ Schwab US Aggregate Bond ETF | 1.43% | 434,259 | $10.1M | New |
| MTUM iShares MSCI USA Momentum Fa | 1.42% | 49,343 | $10.0M | Add +5.7% |
| EFG iShares MSCI Eafe Growth ETF | 1.38% | 96,991 | $9.7M | Reduce -41.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.37% | 35,015 | $9.6M | Reduce -27.6% |
| IYW iShares Ustechnology ETF | 1.31% | 65,711 | $9.2M | Add +3.6% |
| MSFT Microsoft Corp. | 1.20% | 22,478 | $8.4M | Add +657.1% |
| XLE SS Energy Select Sector | 1.02% | 76,481 | $7.1M | Reduce -2.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.00% | 92,440 | $7.0M | Add +5.1% |
| MBB iShares MBS ETF | 0.97% | 72,402 | $6.8M | Add +4.8% |
| SCHM Schwab US Mid Cap ETF | 0.92% | 246,517 | $6.5M | Reduce -1.2% |
| JPST JPMorgan Ultra-Short Income | 0.86% | 119,474 | $6.0M | Add +7.8% |
| FALN iShares Fallen Angels ETF | 0.81% | 213,565 | $5.7M | Add +5.8% |
| PTF Invesco Dorsey Wright Tech | 0.73% | 86,421 | $5.1M | Add +24.9% |
| DVY iShares Select Dividend ETF | 0.68% | 35,514 | $4.8M | Reduce -1.5% |
| IJH iShares Core S&P Midcap ETF | 0.67% | 80,929 | $4.7M | Add +4.3% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.63% | 122,188 | $4.4M | New |
| PG The Procter & Gamble Co. | 0.62% | 25,491 | $4.3M | Reduce -0.6% |
| FLOT iShares Floating Rate Bond E | 0.61% | 83,764 | $4.3M | Add +1.9% |
| IAU iShares Gold Trust | 0.56% | 66,442 | $3.9M | Add +86.4% |
| OEF iShares S&P 100 ETF | 0.52% | 13,457 | $3.6M | New |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.51% | 64,531 | $3.6M | Add +6.7% |
| AAPL Apple Inc. | 0.50% | 15,954 | $3.5M | Add +0.1% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.43% | 120,916 | $3.1M | Reduce -0.4% |
| GTO Invesco Total Return Bond Et | 0.42% | 63,529 | $3.0M | Add +8.9% |
| EMB iShares JP Morgan Usd Emergi | 0.41% | 32,078 | $2.9M | Add +4.3% |
| XMMO Invesco S&P Midcap Momentum | 0.41% | 25,392 | $2.9M | Reduce -18.9% |
| IAUM iShares Gold Trust Micro | 0.41% | 91,903 | $2.9M | Add +78.5% |
| TLH iShares 10-20 Year Treasury | 0.41% | 27,564 | $2.9M | New |
| LMT Lockheed Martin Corp. | 0.40% | 6,361 | $2.8M | Add +0.3% |
| GSY Invesco Ultra Short Duration | 0.38% | 53,519 | $2.7M | Add +1.6% |
| FLRT Pacer Aristotle Pacific Floa | 0.37% | 55,137 | $2.6M | Add +6.7% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.35% | 117,416 | $2.5M | Add +1.0% |
| NVDA Nvidia Corp. | 0.35% | 22,372 | $2.4M | New |
| AMZN Amazon.com Inc. | 0.34% | 12,469 | $2.4M | Reduce -0.8% |
| IQLT iShares MSCI International Q | 0.32% | 56,623 | $2.2M | Reduce -13.4% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.32% | 81,688 | $2.2M | Add +9.7% |
| EELV Invesco S&P Emerging Markets | 0.26% | 76,152 | $1.8M | Reduce -11.2% |
| MINT PIMCO Enhanced Short Maturit | 0.26% | 18,269 | $1.8M | Add +3.9% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 33,747 | $1.7M | Reduce -9.2% |
| DHR Danaher Corp. | 0.24% | 8,202 | $1.7M | No change |
| FTSM First Trust Enh Short Mat FD | 0.22% | 25,629 | $1.5M | Reduce -2.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.21% | 27,282 | $1.5M | Add +15.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 3,048 | $1.4M | Reduce -10.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.17% | 29,637 | $1.2M | Reduce -13.4% |
| PULS Pgim Ultra Short Bond ETF | 0.16% | 22,986 | $1.1M | Add +13.5% |
| XMVTX BlackRock Munivest Fund II | 0.16% | 103,926 | $1.1M | Add +0.4% |
| XCEM Columbia Em Core Ex-China | 0.15% | 35,484 | $1.0M | Reduce -0.7% |
| SCHA Schwab US Small-Cap ETF | 0.14% | 41,025 | $961K | Reduce -11.0% |
| RTX RTX Corp. | 0.14% | 7,183 | $952K | Add +1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 2,544 | $943K | Reduce -4.1% |
| T AT&T Inc. | 0.12% | 28,983 | $820K | Add +0.2% |
| ICVT iShares Convertible Bond ETF | 0.11% | 9,109 | $762K | Add +24.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 16,387 | $755K | Reduce -93.0% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.11% | 11,737 | $754K | Add +29.4% |
| MYI BlackRock Muniyield QLTY III | 0.10% | 63,000 | $692K | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.09% | 681 | $644K | Add +5.4% |
| HD Home Depot Inc. | 0.09% | 1,723 | $631K | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.09% | 3,920 | $606K | Add +6.3% |
| VYM Vanguard High DVD Yield ETF | 0.08% | 4,463 | $576K | Add +27.3% |
| AMGN Amgen Inc. | 0.08% | 1,730 | $539K | Reduce -3.6% |
| WMT Walmart Inc. | 0.08% | 6,095 | $535K | Add +9.2% |
| LLY Eli Lilly & Co. | 0.07% | 563 | $465K | New |
| ET Energy Transfer LP | 0.07% | 24,557 | $457K | Reduce -3.3% |
| JPM JPMorgan Chase & Co. | 0.06% | 1,856 | $455K | Add +41.5% |
| EUAD Select Stoxx Eur Aer DE ETF | 0.06% | 13,209 | $443K | New |
| GM General Motors Co. | 0.06% | 9,341 | $439K | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.06% | 2,692 | $421K | Reduce -1.3% |
| V Visa Inc. Class A | 0.06% | 1,186 | $416K | Add +0.3% |
| MHD BlackRock Muniholdings Fund | 0.06% | 35,000 | $411K | No change |
| JQUA JPMorgan US Quality Factor | 0.06% | 7,112 | $402K | Reduce -1.9% |
| AVGO Broadcom Inc. | 0.06% | 2,326 | $389K | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 708 | $377K | No change |
| TSLA Tesla Inc. | 0.05% | 1,400 | $363K | Reduce -11.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.05% | 6,985 | $358K | Reduce -5.3% |
| ABBV Abbvie Inc. | 0.05% | 1,644 | $344K | Add +4.7% |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | 0.05% | 2,680 | $340K | Reduce -37.8% |
| BFK BlackRock Municipal Inc. TRST | 0.05% | 34,000 | $337K | Reduce -0.5% |
| MDY State Street SPDR S&P Midcap | 0.05% | 614 | $328K | Reduce -16.6% |
Portfolio Sells Q4 2024 → Q1 2025
| SCHX Schwab US Large-Cap ETF | Reduce -20.3% | 8.72% | −2.68 |
| VOO Vanguard S&P 500 ETF | Reduce -34.4% | 2.60% | −1.52 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -93.0% | 0.11% | −1.39 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -41.0% | 1.38% | −0.87 |
| IFRA iShares US Infrastructure | Reduce -94.1% | 0.04% | −0.67 |
| EFV iShares MSCI Eafe Value ETF | Reduce -36.7% | 1.68% | −0.67 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -27.6% | 1.37% | −0.61 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -16.0% | 2.16% | −0.41 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -6.0% | 3.77% | −0.40 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.27 |
| HYDB iShares High Yield Systemati | Sold out | 0.00% | −0.14 |
| XMMO Invesco S&P Midcap Momentum | Reduce -18.9% | 0.41% | −0.14 |
| TLT iShares 20+ Year Treasury BD | Reduce -7.8% | 3.98% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -61.5% | 0.04% | −0.07 |
| SCHM Schwab US Mid Cap ETF | Reduce -1.2% | 0.92% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 0.34% | −0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -13.4% | 0.17% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.9% | 0.20% | −0.04 |
| TSLA Tesla Inc. | Reduce -11.7% | 0.05% | −0.04 |
| XAR SS SPDR S&P Aerospace Def | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -11.0% | 0.14% | −0.03 |
| ESGU iShares ESG Aware MSCI USA | Sold out | 0.00% | −0.03 |
| FTI Technipfmc PLC | Sold out | 0.00% | −0.03 |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | Reduce -37.8% | 0.05% | −0.03 |
| IQLT iShares MSCI International Q | Reduce -13.4% | 0.32% | −0.02 |
| AVGO Broadcom Inc. | Reduce -2.4% | 0.06% | −0.02 |
| EELV Invesco S&P Emerging Markets | Reduce -11.2% | 0.26% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.1% | 0.13% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -24.0% | 0.04% | −0.02 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Reduce -0.4% | 0.43% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 0.06% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -16.6% | 0.05% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -9.2% | 0.24% | −0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -5.3% | 0.05% | −0.01 |
| ET Energy Transfer LP | Reduce -3.3% | 0.07% | −0.01 |
| FTSM First Trust Enh Short Mat FD | Reduce -2.6% | 0.22% | −0.00 |
| COP Conocophillips | Reduce -11.5% | 0.04% | −0.00 |
| MPC Marathon Petroleum Corp. | Reduce -9.9% | 0.04% | −0.00 |
| JQUA JPMorgan US Quality Factor | Reduce -1.9% | 0.06% | −0.00 |
| IQI Invesco Quality Muni Inc. TR | Reduce -0.6% | 0.04% | −0.00 |
| MYI BlackRock Muniyield QLTY III | Reduce -0.5% | 0.10% | −0.00 |
| XCEM Columbia Em Core Ex-China | Reduce -0.7% | 0.15% | −0.00 |
| BFK BlackRock Municipal Inc. TRST | Reduce -0.5% | 0.05% | +0.00 |
| DVY iShares Select Dividend ETF | Reduce -1.5% | 0.68% | +0.01 |
| AMGN Amgen Inc. | Reduce -3.6% | 0.08% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 0.62% | +0.01 |
| XLE SS Energy Select Sector | Reduce -2.6% | 1.02% | +0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| THRO iShares U.S. Thematic Rotati | New | 1.46% | +1.46 |
| SCHZ Schwab US Aggregate Bond ETF | New | 1.43% | +1.43 |
| MSFT Microsoft Corp. | Add +657.1% | 1.20% | +1.02 |
| QUAL iShares MSCI USA Quality Fac | Add +15.2% | 6.45% | +0.66 |
| HEFA Isha Curr Hedged MSCI Eafe | New | 0.63% | +0.63 |
| IEMG iShares Core MSCI Emerging | Add +62.8% | 1.49% | +0.61 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +10.9% | 5.76% | +0.60 |
| OEF iShares S&P 100 ETF | New | 0.52% | +0.52 |
| IVE iShares S&P 500 Value ETF | Add +49.2% | 1.53% | +0.51 |
| GLD SPDR Gold Shares | Add +13.9% | 1.54% | +0.41 |
| TLH iShares 10-20 Year Treasury | New | 0.41% | +0.41 |
| NVDA Nvidia Corp. | New | 0.35% | +0.35 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +4.2% | 4.88% | +0.32 |
| IAU iShares Gold Trust | Add +86.4% | 0.56% | +0.31 |
| IAUM iShares Gold Trust Micro | Add +78.5% | 0.41% | +0.22 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +9.8% | 1.73% | +0.18 |
| FTCS First Trust Capital Strength | Add +2.5% | 2.91% | +0.15 |
| GOVI Invesco Equal Weight 0-30 YR | Add +4.6% | 1.65% | +0.13 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.1% | 1.00% | +0.12 |
| JAAA Janus Henderson Aaa Clo ETF | Add +5.2% | 1.46% | +0.08 |
| JPST JPMorgan Ultra-Short Income | Add +7.8% | 0.86% | +0.07 |
| MBB iShares MBS ETF | Add +4.8% | 0.97% | +0.07 |
| LLY Eli Lilly & Co. | New | 0.07% | +0.07 |
| EUAD Select Stoxx Eur Aer DE ETF | New | 0.06% | +0.06 |
| MTUM iShares MSCI USA Momentum Fa | Add +5.7% | 1.42% | +0.06 |
| FALN iShares Fallen Angels ETF | Add +5.8% | 0.81% | +0.05 |
| GTO Invesco Total Return Bond Et | Add +8.9% | 0.42% | +0.04 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +9.7% | 0.32% | +0.04 |
| GE General Electric | New | 0.03% | +0.03 |
| IBM Intl Business Machines Corp. | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| EMB iShares JP Morgan Usd Emergi | Add +4.3% | 0.41% | +0.03 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +29.4% | 0.11% | +0.03 |
| COWZ Pacer US Cash Cows 100 ETF | Add +15.9% | 0.21% | +0.02 |
| T AT&T Inc. | Add +0.2% | 0.12% | +0.02 |
| FLRT Pacer Aristotle Pacific Floa | Add +6.7% | 0.37% | +0.02 |
| PULS Pgim Ultra Short Bond ETF | Add +13.5% | 0.16% | +0.02 |
| ICVT iShares Convertible Bond ETF | Add +24.2% | 0.11% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +41.5% | 0.06% | +0.02 |
| RTX RTX Corp. | Add +1.4% | 0.14% | +0.02 |
| F Ford Motor Co. | New | 0.02% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +27.3% | 0.08% | +0.02 |
| RDVY First Trust Rising Dividend | Add +1.2% | 1.88% | +0.02 |
| FLOT iShares Floating Rate Bond E | Add +1.9% | 0.61% | +0.02 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +1.0% | 0.35% | +0.02 |
| PTF Invesco Dorsey Wright Tech | Add +24.9% | 0.73% | +0.02 |
| MINT PIMCO Enhanced Short Maturit | Add +3.9% | 0.26% | +0.01 |
| ABBV Abbvie Inc. | Add +4.7% | 0.05% | +0.01 |
| TOMZ Tomi Environmental Solutions | New | 0.01% | +0.01 |
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 |