Valley Forge Investment Consultants Inc. Adv

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Valley Forge Investment Consultants Inc. Adv reported 94 stock positions worth $312.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 35.8% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 13.4%) and Schwab US Large-Cap ETF (SCHX, 7.5%). Compared with Q1 2025, it opened 12 new positions, sold out of 3, added to 41 and reduced 20. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +6%) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −1%).

Most Recent 13F: Q2 2026
Location: AUDUBON, PA
CIK: 0000920655
Portfolio Value: $312.1M (Q2 2025)
SEC Filing: 0000920655-25-000004 ↗ filed Aug 14, 2025

Holdings Value

Holdings 94 stocks · $312.1M


IVV iShares Core S&P 500 ETF	35.82%	180,078	$111.8M	Add +0.1%
IEFA iShares Core MSCI Eafe ETF	13.39%	500,448	$41.8M	Reduce -0.7%
SCHX Schwab US Large-Cap ETF	7.55%	963,847	$23.6M	Add +6.5%
IJH iShares Core S&P Midcap ETF	6.26%	315,209	$19.5M	Add +1.1%
IJR iShares Core S&P Small-Cap E	5.82%	166,280	$18.2M	Reduce -0.7%
SCHB Schwab US Broad Market ETF	2.53%	331,709	$7.9M	Add +2.2%
SCHM Schwab US Mid Cap ETF	2.49%	276,753	$7.8M	Add +4.5%
SCHF Schwab Intl Equity ETF	2.09%	295,496	$6.5M	Add +3.2%
AGG iShares Core U.S. Aggregate	1.79%	56,280	$5.6M	Add +1.0%
IWF iShares Russell 1000 Growth	1.62%	11,898	$5.1M	Reduce -1.3%
SCHA Schwab US Small-Cap ETF	1.60%	197,647	$5.0M	Add +6.3%
SCHD Schwab US DVD Equity ETF	1.17%	137,850	$3.7M	Add +0.5%
BRK.A Berkshire Hathaway Inc. Class A	1.17%	5	$3.6M	No change
IUSV iShares Core S&P U.S. Value	0.75%	24,712	$2.3M	Reduce -0.1%
SCHG Schwab US Large-Cap Growth	0.69%	73,276	$2.1M	Reduce -1.1%
SCHV Schwab US Large-Cap Value	0.68%	76,417	$2.1M	Add +0.1%
VIG Vanguard Dividend Apprec ETF	0.62%	9,500	$1.9M	Reduce -0.9%
VTEB Vanguard Tax-Exempt Bond ETF	0.62%	39,281	$1.9M	Add +5.7%
AAPL Apple Inc.	0.56%	8,477	$1.7M	Add +3.9%
NVDA Nvidia Corp.	0.54%	10,721	$1.7M	Add +57.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.54%	9,461	$1.7M	No change
VOO Vanguard S&P 500 ETF	0.53%	2,906	$1.7M	No change
SPRY Ars Pharmaceuticals Inc.	0.47%	83,225	$1.5M	No change
IUSG iShares Core S&P U.S. Growth	0.46%	9,474	$1.4M	Reduce -3.9%
EFAV iShares MSCI Eafe Min Vol Fa	0.44%	16,429	$1.4M	Add +19.7%
DFAC Dimensional US Core Equity 2	0.44%	38,158	$1.4M	Reduce -44.3%
QQQ Invesco QQQ Trust Series 1	0.35%	1,962	$1.1M	Add +104.2%
VB Vanguard Most SM-Cap ETF-Usd	0.34%	4,527	$1.1M	Add +17.7%
VWO Vanguard Ftse Emerging Marke	0.34%	21,533	$1.1M	Add +53.1%
GOOGL Alphabet Inc. Class A	0.33%	5,800	$1.0M	Reduce -1.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.33%	3,577	$1.0M	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.32%	1,601	$989K	Add +3.4%
SCHZ Schwab US Aggregate Bond ETF	0.31%	42,227	$981K	Add +1.8%
AMZN Amazon.com Inc.	0.31%	4,373	$959K	Add +41.0%
IEMG iShares Core MSCI Emerging	0.29%	14,892	$894K	Add +45.1%
VYM Vanguard High DVD Yield ETF	0.27%	6,297	$840K	Add +2.2%
GOOG Alphabet Inc. Class C	0.26%	4,524	$803K	Add +8.1%
MSFT Microsoft Corp.	0.25%	1,548	$770K	Add +8.4%
META Meta Platforms Inc. Class A	0.23%	993	$733K	Add +101.4%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.23%	2,582	$715K	Add +52.4%
IJJ iShares S&P Mid-Cap 400 Valu	0.22%	5,547	$686K	Add +0.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.22%	2,449	$685K	Add +7.5%
USMV iShares MSCI USA Min Vol Fac	0.22%	7,300	$685K	Reduce -2.8%
PAYX Paychex Inc.	0.21%	4,560	$663K	No change
HSY The Hershey Co.	0.20%	3,850	$639K	No change
TSM Taiwan Semiconductor-SP ADR	0.20%	2,798	$634K	New
CB Chubb Ltd.	0.19%	2,033	$589K	No change
IWR iShares Russell Mid-Cap ETF	0.18%	6,191	$569K	No change
VUG Vanguard Mrngstar GR ETF-Sui	0.17%	1,180	$517K	Reduce -4.9%
SCHE Schwab Emrg Mrkts Eqty ETF	0.15%	15,752	$475K	Add +0.1%
DFAX Dimensional World Ex US Core	0.14%	15,016	$441K	Reduce -62.6%
IAU iShares Gold Trust	0.14%	7,058	$440K	Reduce -13.6%
ASML ASML Holding NV-NY Reg SHS	0.13%	525	$421K	New
IWM iShares Russell 2000 ETF	0.13%	1,906	$411K	Add +35.7%
IJS iShares S&P Small-Cap 600 Va	0.13%	4,134	$411K	Reduce -27.8%
TBBK The Bancorp Inc.	0.13%	7,041	$401K	New
MDYG SS SPDR S&P 400 MC GR ETF	0.12%	4,405	$383K	Reduce -7.3%
BRK.B Berkshire Hathaway Inc. Class B	0.12%	752	$365K	Reduce -7.3%
IWN iShares Russell 2000 Value E	0.11%	2,249	$355K	Add +0.5%
JPM JPMorgan Chase & Co.	0.11%	1,164	$337K	Add +76.1%
IBDT iShares Ibonds Dec 2028 ETF	0.11%	12,949	$329K	Add +1.2%
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.10%	13,471	$327K	Add +1.1%
VT Vanguard Tot World STK ETF	0.10%	2,532	$325K	No change
IBDR iShares Ibonds Dec 2026 Term	0.10%	13,389	$325K	Add +1.1%
IBDQ iShares Ibonds Dec 2025 Term	0.10%	12,811	$323K	Add +1.0%
QCOM Qualcomm Inc.	0.10%	2,015	$321K	New
GLTR Abrdn Precious Metals Basket	0.10%	2,270	$314K	No change
IWB iShares Russell 1000 ETF	0.10%	903	$307K	No change
SLYG SS SPDR S&P 600 SC GR ETF	0.09%	3,284	$291K	Reduce -22.4%
LMT Lockheed Martin Corp.	0.09%	613	$284K	Add +0.3%
MU Micron Technology Inc.	0.09%	2,250	$277K	New
ISTB iShares Core 1-5 Year Usd Bo	0.09%	5,570	$271K	Add +1.3%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.09%	949	$270K	No change
ORCL Oracle Corp.	0.08%	1,127	$246K	New
PM Philip Morris International	0.08%	1,331	$242K	Add +0.1%
NUE Nucor Corp.	0.07%	1,767	$229K	New
SO The Southern Co.	0.07%	2,400	$220K	New
MRVL Marvell Technology Inc.	0.07%	2,717	$210K	New
PLTR Palantir Technologies Inc. Class A	0.07%	1,510	$206K	New
VCIT Vanguard Int-Term Corporate	0.07%	2,482	$206K	Add +1.2%
VGIT Vanguard Intermediate-Term T	0.07%	3,408	$204K	Add +1.0%
TSLA Tesla Inc.	0.06%	606	$193K	New
LLY Eli Lilly & Co.	0.03%	123	$96K	Reduce -7.5%
JNJ Johnson & Johnson	0.01%	276	$42K	Reduce -10.4%
DLTH Duluth Holdings Inc. Class B	0.01%	13,983	$29K	No change
C Citigroup Inc.	0.01%	270	$23K	No change
GM General Motors Co.	0.01%	465	$23K	Reduce -8.5%
AVGO Broadcom Inc.	0.01%	82	$23K	New
WELLGISTICS HEALTH INC	0.01%	22,988	$22K	No change
CVX Chevron Corp.	0.00%	100	$14K	No change
FDX FedEx Corp.	0.00%	50	$11K	No change
LBTYK Liberty Global Ltd. Class C	0.00%	643	$7K	No change
MGA Magna International Inc.	0.00%	155	$6K	No change
VOD Vodafone Group PLC-SP ADR	0.00%	67	$714	No change

Portfolio Sells Q1 2025 → Q2 2025


IJR iShares Core S&P Small-Cap E	Reduce -0.7%	5.82%	−0.41
DFAC Dimensional US Core Equity 2	Reduce -44.3%	0.44%	−0.37
DFAX Dimensional World Ex US Core	Reduce -62.6%	0.14%	−0.23
IEFA iShares Core MSCI Eafe ETF	Reduce -0.7%	13.39%	−0.18
VMC Vulcan Materials Co.	Sold out	0.00%	−0.12
IJS iShares S&P Small-Cap 600 Va	Reduce -27.8%	0.13%	−0.07
COST Costco Wholesale Corp.	Sold out	0.00%	−0.06
IUSV iShares Core S&P U.S. Value	Reduce -0.1%	0.75%	−0.06
VIG Vanguard Dividend Apprec ETF	Reduce -0.9%	0.62%	−0.04
BRK.B Berkshire Hathaway Inc. Class B	Reduce -7.3%	0.12%	−0.04
SLYG SS SPDR S&P 600 SC GR ETF	Reduce -22.4%	0.09%	−0.03
USMV iShares MSCI USA Min Vol Fac	Reduce -2.8%	0.22%	−0.03
IAU iShares Gold Trust	Reduce -13.6%	0.14%	−0.03
LWLG Lightwave Logic Inc.	Sold out	0.00%	−0.01
MDYG SS SPDR S&P 400 MC GR ETF	Reduce -7.3%	0.12%	−0.01
LLY Eli Lilly & Co.	Reduce -7.5%	0.03%	−0.01
JNJ Johnson & Johnson	Reduce -10.4%	0.01%	−0.00
GM General Motors Co.	Reduce -8.5%	0.01%	−0.00
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -4.9%	0.17%	+0.00
GOOGL Alphabet Inc. Class A	Reduce -1.6%	0.33%	+0.00
IUSG iShares Core S&P U.S. Growth	Reduce -3.9%	0.46%	+0.01
SCHG Schwab US Large-Cap Growth	Reduce -1.1%	0.69%	+0.03
IWF iShares Russell 1000 Growth	Reduce -1.3%	1.62%	+0.07

Portfolio Buys Q1 2025 → Q2 2025


SCHX Schwab US Large-Cap ETF	Add +6.5%	7.55%	+0.43
NVDA Nvidia Corp.	Add +57.1%	0.54%	+0.28
TSM Taiwan Semiconductor-SP ADR	New	0.20%	+0.20
QQQ Invesco QQQ Trust Series 1	Add +104.2%	0.35%	+0.19
ASML ASML Holding NV-NY Reg SHS	New	0.13%	+0.13
META Meta Platforms Inc. Class A	Add +101.4%	0.23%	+0.13
TBBK The Bancorp Inc.	New	0.13%	+0.13
VWO Vanguard Ftse Emerging Marke	Add +53.1%	0.34%	+0.11
QCOM Qualcomm Inc.	New	0.10%	+0.10
AMZN Amazon.com Inc.	Add +41.0%	0.31%	+0.10
IEMG iShares Core MSCI Emerging	Add +45.1%	0.29%	+0.09
MU Micron Technology Inc.	New	0.09%	+0.09
ORCL Oracle Corp.	New	0.08%	+0.08
VBK Van Morst SML-Cap Gro-Usd Inc.	Add +52.4%	0.23%	+0.08
SCHF Schwab Intl Equity ETF	Add +3.2%	2.09%	+0.08
NUE Nucor Corp.	New	0.07%	+0.07
SO The Southern Co.	New	0.07%	+0.07
MRVL Marvell Technology Inc.	New	0.07%	+0.07
PLTR Palantir Technologies Inc. Class A	New	0.07%	+0.07
EFAV iShares MSCI Eafe Min Vol Fa	Add +19.7%	0.44%	+0.06
TSLA Tesla Inc.	New	0.06%	+0.06
MSFT Microsoft Corp.	Add +8.4%	0.25%	+0.06
SCHA Schwab US Small-Cap ETF	Add +6.3%	1.60%	+0.05
JPM JPMorgan Chase & Co.	Add +76.1%	0.11%	+0.05
SCHB Schwab US Broad Market ETF	Add +2.2%	2.53%	+0.05
VB Vanguard Most SM-Cap ETF-Usd	Add +17.7%	0.34%	+0.04
IWM iShares Russell 2000 ETF	Add +35.7%	0.13%	+0.03
GOOG Alphabet Inc. Class C	Add +8.1%	0.26%	+0.02
SCHM Schwab US Mid Cap ETF	Add +4.5%	2.49%	+0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +7.5%	0.22%	+0.01
SPY SS SPDR S&P 500 ETF Trust-US	Add +3.4%	0.32%	+0.01
AVGO Broadcom Inc.	New	0.01%	+0.01
PM Philip Morris International	Add +0.1%	0.08%	+0.00
SCHE Schwab Emrg Mrkts Eqty ETF	Add +0.1%	0.15%	−0.00
VCIT Vanguard Int-Term Corporate	Add +1.2%	0.07%	−0.01
VGIT Vanguard Intermediate-Term T	Add +1.0%	0.07%	−0.01
LMT Lockheed Martin Corp.	Add +0.3%	0.09%	−0.01
IWN iShares Russell 2000 Value E	Add +0.5%	0.11%	−0.01
ISTB iShares Core 1-5 Year Usd Bo	Add +1.3%	0.09%	−0.01
IBDT iShares Ibonds Dec 2028 ETF	Add +1.2%	0.11%	−0.01
IBDS Ishrs Ibnds Dec 27 Corp. ETF	Add +1.1%	0.10%	−0.01
IBDR iShares Ibonds Dec 2026 Term	Add +1.1%	0.10%	−0.01
IBDQ iShares Ibonds Dec 2025 Term	Add +1.0%	0.10%	−0.01
VYM Vanguard High DVD Yield ETF	Add +2.2%	0.27%	−0.01
IJJ iShares S&P Mid-Cap 400 Valu	Add +0.4%	0.22%	−0.02
SCHZ Schwab US Aggregate Bond ETF	Add +1.8%	0.31%	−0.03
VTEB Vanguard Tax-Exempt Bond ETF	Add +5.7%	0.62%	−0.04
SCHV Schwab US Large-Cap Value	Add +0.1%	0.68%	−0.04
AAPL Apple Inc.	Add +3.9%	0.56%	−0.09
IVV iShares Core S&P 500 ETF	Add +0.1%	35.82%	−0.14

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	86	$388.3M	IVV, IEFA, IJH, IJR, SCHX
Q1 2026	83	$333.6M	IVV, IEFA, IJH, SCHX, IJR
Q4 2025	80	$343.9M	IVV, IEFA, SCHX, IJH, IJR
Q3 2025	84	$342.0M	IVV, IEFA, SCHX, IJH, IJR
Q2 2025	94	$312.1M	IVV, IEFA, SCHX, IJH, IJR
Q1 2025	85	$280.9M	IVV, IEFA, SCHX, IJH, IJR
Q4 2024	86	$291.2M	IVV, IEFA, SCHX, IJH, IJR
Q3 2024	87	$286.7M	IVV, IEFA, SCHX, IJH, IJR
Q2 2024	83	$264.2M	IVV, IEFA, SCHX, IJH, IJR
Q1 2024	85	$256.4M	IVV, IEFA, SCHX, IJH, IJR