Towercrest Capital Management

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Towercrest Capital Management reported 110 stock positions worth $717.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.8% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 9.1%) and iShares Core U.S. Aggregate (AGG, 6.1%). Compared with Q1 2026, it opened 12 new positions, sold out of 5, added to 35 and reduced 34. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +9%) and the biggest sale Schwab US Aggregate Bond ETF (SCHZ, shares −6%).

Most Recent 13F
Q2 2026
Location
NEWTOWN, PA
CIK
0001633288
Portfolio Value
$717.4M (Q2 2026)
SEC Filing
0001633288-26-000003 ↗ filed Aug 3, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $592.8M Q1 2024 Q2 2024: $607.6M Q2 2024 Q3 2024: $620.5M Q3 2024 Q4 2024: $618.7M Q4 2024 Q1 2025: $526.3M Q1 2025 Q2 2025: $560.2M Q2 2025 Q3 2025: $623.4M Q3 2025 Q4 2025: $634.3M Q4 2025 Q1 2026: $641.8M Q1 2026 Q2 2026: $717.4M $717.4M Q2 2026

Holdings 110 stocks · $717.4M
IVV iShares Core S&P 500 ETF 11.84% 113,426 $84.9M Add +8.9%
SCHX Schwab US Large-Cap ETF 9.12% 2,222,715 $65.4M Add +2.1%
AGG iShares Core U.S. Aggregate 6.12% 443,414 $43.9M Add +8.6%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 5.36% 481,066 $38.5M Add +4.0%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 4.98% 327,308 $35.7M Add +12.4%
IEFA iShares Core MSCI Eafe ETF 4.46% 331,636 $32.0M Add +12.7%
IEMG iShares Core MSCI Emerging 3.99% 345,719 $28.6M Add +4.5%
FLOT iShares Floating Rate Bond E 3.75% 527,506 $26.9M Reduce -1.8%
EMB iShares JP Morgan Usd Emergi 3.21% 239,041 $23.1M Add +7.8%
SCHZ Schwab US Aggregate Bond ETF 3.08% 956,732 $22.1M Reduce -5.7%
SCHF Schwab Intl Equity ETF 3.05% 790,195 $21.9M Add +0.2%
IJH iShares Core S&P Midcap ETF 2.56% 238,477 $18.4M Add +3.6%
SCHE Schwab Emrg Mrkts Eqty ETF 2.41% 476,643 $17.3M Reduce -2.8%
FLRN SS SPDR BB Ig Float RT ETF 2.33% 541,503 $16.7M Reduce -7.4%
IJR iShares Core S&P Small-Cap E 2.18% 105,624 $15.7M Add +4.1%
MUB iShares National Muni Bond E 2.17% 144,937 $15.6M Add +3.6%
SPYM Ste STR SPDR PT S&P 500 ETF 2.13% 173,788 $15.3M Add +3.2%
SCHM Schwab US Mid Cap ETF 1.87% 364,410 $13.4M Reduce -3.1%
SCHB Schwab US Broad Market ETF 1.67% 414,502 $12.0M Add +2.4%
ITOT iShares Core S&P Total U.S. 1.65% 72,112 $11.8M Add +9.6%
SPY SS SPDR S&P 500 ETF Trust-US 1.52% 14,586 $10.9M Add +2.9%
SCHA Schwab US Small-Cap ETF 1.48% 294,689 $10.6M Reduce -5.2%
SPAB SS SPDR P Agg Bond ETF 1.39% 390,850 $10.0M Reduce -0.1%
AAPL Apple Inc. 1.36% 33,727 $9.8M Reduce -1.2%
SPIB SS SPDR P Int C Corp. ETF 1.12% 240,113 $8.0M Add +8.5%
SHYG iShares 0-5 YR HY Corp. Bond 1.04% 175,323 $7.4M Reduce -0.1%
DGRO iShares Core Dividend Growth 1.03% 97,675 $7.4M Add +9.8%
SPEM State Street SP PTF Em ETF 0.84% 116,999 $6.1M Add +0.3%
SPDW Ste STR SPDR PT DW Eu ETF 0.83% 117,680 $5.9M Add +3.8%
CL Colgate-Palmolive Co. 0.82% 63,891 $5.9M Add +0.0%
SCHD Schwab US DVD Equity ETF 0.79% 179,585 $5.7M Reduce -14.7%
PCY Invesco Emerging Markets Sov 0.64% 211,860 $4.6M Reduce -8.8%
IWF iShares Russell 1000 Growth 0.50% 28,805 $3.6M No change
SCHG Schwab US Large-Cap Growth 0.48% 102,084 $3.5M Reduce -0.0%
SPMD SS SPDR P S&P 400 Midcap ETF 0.41% 43,507 $2.9M Reduce -1.0%
MSFT Microsoft Corp. 0.36% 7,017 $2.6M Reduce -0.1%
TFI SS SPDR N Ice Muni Bond ETF 0.36% 55,947 $2.6M Reduce -19.1%
SPSM SS SPDR P S&P 600 Small Cap 0.34% 42,686 $2.5M Reduce -1.7%
GOOG Alphabet Inc. Class C 0.29% 5,890 $2.1M No change
QQQ Invesco QQQ Trust Series 1 0.27% 2,588 $1.9M Reduce -22.7%
SPTM SS SPDR P S&P 1500 Comp ETF 0.26% 20,742 $1.9M Add +5.1%
JNJ Johnson & Johnson 0.26% 7,357 $1.9M Add +0.0%
SHY iShares 1-3 Year Treasury Bo 0.25% 21,993 $1.8M Add +6.0%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.25% 37,307 $1.8M Reduce -3.5%
NVDA Nvidia Corp. 0.24% 8,696 $1.7M Add +0.1%
CORP PIMCO Inv Grade Corp. BD ETF 0.23% 16,707 $1.6M Reduce -25.3%
GOOGL Alphabet Inc. Class A 0.22% 4,329 $1.5M Add +0.5%
RSP Invesco S&P 500 Equal Weight 0.21% 6,989 $1.5M No change
VOO Vanguard S&P 500 ETF 0.18% 1,876 $1.3M Add +1.7%
SCHO Schwab Short-Term US Treas 0.17% 50,588 $1.2M Add +0.4%
MRK Merck & Co. Inc. 0.17% 9,225 $1.2M No change
JPM JPMorgan Chase & Co. 0.16% 3,612 $1.2M Reduce -14.6%
AMZN Amazon.com Inc. 0.16% 4,893 $1.2M No change
CSCO Cisco Systems Inc. 0.16% 9,791 $1.2M Reduce -5.8%
META Meta Platforms Inc. Class A 0.16% 1,987 $1.1M Reduce -0.5%
V Visa Inc. Class A 0.13% 2,797 $960K No change
HD Home Depot Inc. 0.12% 2,484 $876K No change
SCHV Schwab US Large-Cap Value 0.12% 24,210 $843K No change
COKE Coca-Cola Consolidated Inc. 0.10% 9,140 $743K Reduce -1.1%
BAC Bank of America Corp. 0.10% 12,875 $734K No change
SBUX Starbucks Corp. 0.09% 6,601 $675K Reduce -2.2%
VIG Vanguard Dividend Apprec ETF 0.09% 2,741 $649K No change
VTI VG Morningstar TS MKT ETF-US 0.09% 1,691 $626K Add +1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 2,187 $615K Add +0.1%
T AT&T Inc. 0.08% 28,926 $599K Add +0.2%
FBND Fidelity Total Bond ETF 0.08% 12,636 $575K No change
AVGO Broadcom Inc. 0.08% 1,496 $565K Reduce -0.5%
IWD iShares Russell 1000 Value E 0.07% 2,185 $530K Reduce -2.2%
WMT Walmart Inc. 0.07% 4,403 $499K Add +1.1%
DFUS Dimensional US Eq MKT ETF 0.07% 5,721 $469K No change
LIN Linde PLC 0.06% 893 $463K No change
SNDK Sandisk Corp. 0.06% 195 $443K New
CVX Chevron Corp. 0.06% 2,599 $431K Reduce -2.8%
TT Trane Technologies PLC 0.06% 871 $428K No change
C Citigroup Inc. 0.06% 2,939 $411K No change
XOM Exxon Mobil Corp. 0.06% 2,958 $404K New
ORCL Oracle Corp. 0.05% 2,648 $388K No change
LLY Eli Lilly & Co. 0.05% 314 $377K Reduce -1.6%
GE AEROSPACE 0.05% 1,006 $376K Reduce -1.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 4,347 $374K Reduce -68.5%
WDC Western Digital Corp. 0.05% 586 $374K New
NEE Nextera Energy Inc. 0.05% 4,257 $374K Reduce -15.2%
VT Vanguard Tot World STK ETF 0.05% 2,365 $371K No change
COST Costco Wholesale Corp. 0.05% 385 $360K No change
BRK.B Berkshire Hathaway Inc. Class B 0.05% 709 $355K No change
IWP iShares Russell Mid-Cap Grow 0.05% 2,360 $346K No change
GEV GE Vernova Inc. 0.04% 275 $323K No change
UNH Unitedhealth Group Inc. 0.04% 770 $320K No change
TSM Taiwan Semiconductor-SP ADR 0.04% 650 $310K No change
PEG Public Service Enterprise GP 0.04% 3,652 $296K No change
DELL Dell Technologies -C 0.04% 674 $291K New
PM Philip Morris International 0.04% 3,924 $282K No change
INTC Intel Corp. 0.04% 1,904 $266K New
VEU Vanguard Ftse All-World Ex-U 0.04% 3,082 $258K Add +7.7%
PFE Pfizer Inc. 0.04% 10,599 $255K New
VZ Verizon Communications Inc. 0.04% 5,978 $253K Add +0.2%
NFLX Netflix Inc. 0.03% 3,490 $249K No change
MMM 3M Co. 0.03% 1,513 $245K No change
SPSB SS SPDR P St C Corp. ETF 0.03% 8,361 $243K Add +1.5%
AMCA iShares Russell 1000 US Rev 0.03% 590 $242K No change
PNC PNC Financial Services Group 0.03% 978 $241K No change
TSLA Tesla Inc. 0.03% 571 $240K Reduce -24.7%
CSX CSX Corp. 0.03% 4,600 $219K New
AMD Advanced Micro Devices 0.03% 373 $217K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 2,248 $216K Reduce -1.5%
RTX RTX Corp. 0.03% 1,120 $212K Reduce -4.3%
FLEX Flex Ltd. 0.03% 1,310 $212K New
LRCX Lam Research Corp. 0.03% 480 $208K New
ROK Rockwell Automation Inc. 0.03% 413 $204K New
AMAT Applied Materials Inc. 0.03% 282 $204K New

Portfolio Sells Q1 2026 → Q2 2026
SCHZ Schwab US Aggregate Bond ETF Reduce -5.7% 3.08% −0.59
FLOT iShares Floating Rate Bond E Reduce -1.8% 3.75% −0.51
FLRN SS SPDR BB Ig Float RT ETF Reduce -7.4% 2.33% −0.48
SCHD Schwab US DVD Equity ETF Reduce -14.7% 0.79% −0.21
SPAB SS SPDR P Agg Bond ETF Reduce -0.1% 1.39% −0.17
TFI SS SPDR N Ice Muni Bond ETF Reduce -19.1% 0.36% −0.13
SHYG iShares 0-5 YR HY Corp. Bond Reduce -0.1% 1.04% −0.12
PCY Invesco Emerging Markets Sov Reduce -8.8% 0.64% −0.12
CORP PIMCO Inv Grade Corp. BD ETF Reduce -25.3% 0.23% −0.11
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -2.8% 2.41% −0.11
VUG Vanguard Mrngstar GR ETF-Sui Reduce -68.5% 0.05% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.10
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.05
MSFT Microsoft Corp. Reduce -0.1% 0.36% −0.04
HSY The Hershey Co. Sold out 0.00% −0.04
QQQ Invesco QQQ Trust Series 1 Reduce -22.7% 0.27% −0.04
FDX FedEx Corp. Sold out 0.00% −0.03
LVS Las Vegas Sands Corp. Sold out 0.00% −0.03
JPM JPMorgan Chase & Co. Reduce -14.6% 0.16% −0.03
CVX Chevron Corp. Reduce -2.8% 0.06% −0.03
SPYD SS SPDR P S&P 500 Hi Div ETF Reduce -3.5% 0.25% −0.03
META Meta Platforms Inc. Class A Reduce -0.5% 0.16% −0.02
NEE Nextera Energy Inc. Reduce -15.2% 0.05% −0.02
TSLA Tesla Inc. Reduce -24.7% 0.03% −0.01
COKE Coca-Cola Consolidated Inc. Reduce -1.1% 0.10% −0.01
RTX RTX Corp. Reduce -4.3% 0.03% −0.01
DIS The Walt Disney Co. Reduce -1.5% 0.03% −0.00
IWD iShares Russell 1000 Value E Reduce -2.2% 0.07% −0.00
SBUX Starbucks Corp. Reduce -2.2% 0.09% −0.00
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -1.0% 0.41% +0.00
AVGO Broadcom Inc. Reduce -0.5% 0.08% +0.01
LLY Eli Lilly & Co. Reduce -1.6% 0.05% +0.01
GE AEROSPACE Reduce -1.5% 0.05% +0.01
AAPL Apple Inc. Reduce -1.2% 1.36% +0.01
SPSM SS SPDR P S&P 600 Small Cap Reduce -1.7% 0.34% +0.02
SCHG Schwab US Large-Cap Growth Reduce -0.0% 0.48% +0.02
CSCO Cisco Systems Inc. Reduce -5.8% 0.16% +0.03
SCHM Schwab US Mid Cap ETF Reduce -3.1% 1.87% +0.06
SCHA Schwab US Small-Cap ETF Reduce -5.2% 1.48% +0.08

Portfolio Buys Q1 2026 → Q2 2026
IVV iShares Core S&P 500 ETF Add +8.9% 11.84% +1.20
SCHX Schwab US Large-Cap ETF Add +2.1% 9.12% +0.42
IEMG iShares Core MSCI Emerging Add +4.5% 3.99% +0.39
IEFA iShares Core MSCI Eafe ETF Add +12.7% 4.46% +0.31
IJR iShares Core S&P Small-Cap E Add +4.1% 2.18% +0.22
ITOT iShares Core S&P Total U.S. Add +9.6% 1.65% +0.19
IJH iShares Core S&P Midcap ETF Add +3.6% 2.56% +0.14
SPYM Ste STR SPDR PT S&P 500 ETF Add +3.2% 2.13% +0.12
SCHB Schwab US Broad Market ETF Add +2.4% 1.67% +0.09
SPY SS SPDR S&P 500 ETF Trust-US Add +2.9% 1.52% +0.08
SNDK Sandisk Corp. New 0.06% +0.06
DGRO iShares Core Dividend Growth Add +9.8% 1.03% +0.06
XOM Exxon Mobil Corp. New 0.06% +0.06
WDC Western Digital Corp. New 0.05% +0.05
DELL Dell Technologies -C New 0.04% +0.04
INTC Intel Corp. New 0.04% +0.04
PFE Pfizer Inc. New 0.04% +0.04
CSX CSX Corp. New 0.03% +0.03
AMD Advanced Micro Devices New 0.03% +0.03
FLEX Flex Ltd. New 0.03% +0.03
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +12.4% 4.98% +0.03
LRCX Lam Research Corp. New 0.03% +0.03
ROK Rockwell Automation Inc. New 0.03% +0.03
AMAT Applied Materials Inc. New 0.03% +0.03
GOOGL Alphabet Inc. Class A Add +0.5% 0.22% +0.02
SPDW Ste STR SPDR PT DW Eu ETF Add +3.8% 0.83% +0.02
SPTM SS SPDR P S&P 1500 Comp ETF Add +5.1% 0.26% +0.02
SCHF Schwab Intl Equity ETF Add +0.2% 3.05% +0.01
VOO Vanguard S&P 500 ETF Add +1.7% 0.18% +0.01
NVDA Nvidia Corp. Add +0.1% 0.24% +0.01
VTI VG Morningstar TS MKT ETF-US Add +1.1% 0.09% +0.00
IBM Intl Business Machines Corp. Add +0.1% 0.09% +0.00
VEU Vanguard Ftse All-World Ex-U Add +7.7% 0.04% +0.00
SPSB SS SPDR P St C Corp. ETF Add +1.5% 0.03% −0.00
SPEM State Street SP PTF Em ETF Add +0.3% 0.84% −0.01
VZ Verizon Communications Inc. Add +0.2% 0.04% −0.01
WMT Walmart Inc. Add +1.1% 0.07% −0.01
SHY iShares 1-3 Year Treasury Bo Add +6.0% 0.25% −0.02
JNJ Johnson & Johnson Add +0.0% 0.26% −0.02
SCHO Schwab Short-Term US Treas Add +0.4% 0.17% −0.02
CL Colgate-Palmolive Co. Add +0.0% 0.82% −0.03
EMB iShares JP Morgan Usd Emergi Add +7.8% 3.21% −0.03
SPIB SS SPDR P Int C Corp. ETF Add +8.5% 1.12% −0.04
T AT&T Inc. Add +0.2% 0.08% −0.05
MUB iShares National Muni Bond E Add +3.6% 2.17% −0.14
AGG iShares Core U.S. Aggregate Add +8.6% 6.12% −0.20
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +4.0% 5.36% −0.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 110$717.4MIVV, SCHX, AGG, HYG, LQD
Q1 2026 103$641.8MIVV, SCHX, AGG, HYG, LQD
Q4 2025 98$634.3MIVV, SCHX, AGG, HYG, FLOT
Q3 2025 99$623.4MIVV, SCHX, AGG, HYG, FLOT
Q2 2025 89$560.2MSCHX, IVV, AGG, HYG, FLOT
Q1 2025 88$526.3MSCHX, IVV, AGG, FLOT, HYG
Q4 2024 103$618.7MIVV, SCHX, AGG, FLOT, HYG
Q3 2024 101$620.5MIVV, SCHX, AGG, FLOT, HYG
Q2 2024 107$607.6MIVV, SCHX, FLOT, AGG, HYG
Q1 2024 107$592.8MIVV, SCHX, FLOT, AGG, HYG