Valley Forge Investment Consultants Inc. Adv
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Valley Forge Investment Consultants Inc. Adv reported 84 stock positions worth $342.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 37.1% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 13.9%) and Schwab US Large-Cap ETF (SCHX, 6.8%). Compared with Q2 2025, it opened 9 new positions, sold out of 19, added to 34 and reduced 26. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +5%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- AUDUBON, PA
- CIK
- 0000920655
- Portfolio Value
- $342.0M (Q3 2025)
- SEC Filing
- 0000920655-25-000007 ↗ filed Oct 17, 2025
Holdings Value
Holdings 84 stocks · $342.0M
| IVV iShares Core S&P 500 ETF | 37.10% | 189,524 | $126.8M | Add +5.3% |
| IEFA iShares Core MSCI Eafe ETF | 13.91% | 544,780 | $47.6M | Add +8.9% |
| SCHX Schwab US Large-Cap ETF | 6.83% | 886,380 | $23.3M | Reduce -8.0% |
| IJH iShares Core S&P Midcap ETF | 6.49% | 340,214 | $22.2M | Add +7.9% |
| IJR iShares Core S&P Small-Cap E | 6.03% | 173,394 | $20.6M | Add +4.3% |
| SCHM Schwab US Mid Cap ETF | 2.47% | 284,720 | $8.4M | Add +2.9% |
| SCHB Schwab US Broad Market ETF | 2.46% | 326,834 | $8.4M | Reduce -1.5% |
| SCHF Schwab Intl Equity ETF | 2.17% | 319,322 | $7.4M | Add +8.1% |
| AGG iShares Core U.S. Aggregate | 1.65% | 56,389 | $5.7M | Add +0.2% |
| SCHA Schwab US Small-Cap ETF | 1.60% | 195,654 | $5.5M | Reduce -1.0% |
| IWF iShares Russell 1000 Growth | 1.36% | 9,936 | $4.7M | Reduce -16.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.10% | 5 | $3.8M | No change |
| SCHD Schwab US DVD Equity ETF | 1.05% | 131,802 | $3.6M | Reduce -4.4% |
| SCHG Schwab US Large-Cap Growth | 0.75% | 80,578 | $2.6M | Add +10.0% |
| IUSV iShares Core S&P U.S. Value | 0.74% | 25,281 | $2.5M | Add +2.3% |
| SCHV Schwab US Large-Cap Value | 0.72% | 84,129 | $2.4M | Add +10.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.62% | 42,266 | $2.1M | Add +7.6% |
| VIG Vanguard Dividend Apprec ETF | 0.59% | 9,407 | $2.0M | Reduce -1.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.56% | 7,525 | $1.9M | Add +66.2% |
| AAPL Apple Inc. | 0.55% | 7,344 | $1.9M | Reduce -13.4% |
| VOO Vanguard S&P 500 ETF | 0.52% | 2,915 | $1.8M | Add +0.3% |
| NVDA Nvidia Corp. | 0.48% | 8,721 | $1.6M | Reduce -18.6% |
| IUSG iShares Core S&P U.S. Growth | 0.46% | 9,487 | $1.6M | Add +0.1% |
| DFAC Dimensional US Core Equity 2 | 0.45% | 39,579 | $1.5M | Add +3.7% |
| VWO Vanguard Ftse Emerging Marke | 0.41% | 26,070 | $1.4M | Add +21.1% |
| GOOGL Alphabet Inc. Class A | 0.41% | 5,782 | $1.4M | Reduce -0.3% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.41% | 16,429 | $1.4M | No change |
| VYM Vanguard High DVD Yield ETF | 0.35% | 8,425 | $1.2M | Add +33.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.32% | 3,587 | $1.1M | Add +0.3% |
| IEMG iShares Core MSCI Emerging | 0.29% | 14,893 | $982K | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.29% | 4,026 | $981K | Reduce -11.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,409 | $939K | Reduce -12.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.26% | 37,603 | $883K | Reduce -10.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.26% | 2,945 | $876K | Add +14.1% |
| SPRY Ars Pharmaceuticals Inc. | 0.24% | 83,225 | $836K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.23% | 4,289 | $800K | Reduce -54.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.21% | 2,476 | $727K | Add +1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 1,205 | $723K | Reduce -38.6% |
| HSY The Hershey Co. | 0.21% | 3,850 | $720K | No change |
| MSFT Microsoft Corp. | 0.20% | 1,349 | $699K | Reduce -12.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.20% | 7,256 | $690K | Reduce -0.6% |
| AMZN Amazon.com Inc. | 0.20% | 3,083 | $677K | Reduce -29.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.18% | 2,219 | $620K | Reduce -20.7% |
| IWR iShares Russell Mid-Cap ETF | 0.17% | 6,191 | $598K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 1,217 | $584K | Add +3.1% |
| PAYX Paychex Inc. | 0.17% | 4,560 | $578K | No change |
| CB Chubb Ltd. | 0.17% | 2,033 | $574K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.16% | 3,229 | $564K | New |
| META Meta Platforms Inc. Class A | 0.16% | 744 | $546K | Reduce -25.1% |
| TBBK The Bancorp Inc. | 0.15% | 7,041 | $527K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.15% | 15,752 | $526K | No change |
| IAU iShares Gold Trust | 0.15% | 7,058 | $514K | No change |
| DFAX Dimensional World Ex US Core | 0.15% | 16,086 | $505K | Add +7.1% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 1,544 | $464K | New |
| IJS iShares S&P Small-Cap 600 Va | 0.13% | 3,882 | $429K | Reduce -6.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.12% | 1,405 | $413K | Add +48.0% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.12% | 4,405 | $403K | No change |
| IWN iShares Russell 2000 Value E | 0.12% | 2,249 | $398K | No change |
| GLTR Abrdn Precious Metals Basket | 0.11% | 2,270 | $376K | No change |
| VT Vanguard Tot World STK ETF | 0.10% | 2,533 | $349K | Add +0.0% |
| IWM iShares Russell 2000 ETF | 0.10% | 1,405 | $340K | Reduce -26.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.10% | 670 | $337K | Reduce -10.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.10% | 13,097 | $334K | Add +1.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.10% | 13,618 | $331K | Add +1.1% |
| IWB iShares Russell 1000 ETF | 0.10% | 903 | $330K | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.10% | 13,530 | $329K | Add +1.1% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.10% | 12,947 | $326K | Add +1.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.09% | 3,289 | $310K | Add +0.1% |
| LMT Lockheed Martin Corp. | 0.09% | 616 | $307K | Add +0.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.08% | 5,690 | $278K | Add +2.1% |
| BA The Boeing Co. | 0.08% | 1,258 | $272K | New |
| TSLA Tesla Inc. | 0.08% | 582 | $259K | Reduce -4.0% |
| VIGI Vanguard Int Div App Indx FD | 0.07% | 2,826 | $253K | New |
| IQLT iShares MSCI International Q | 0.07% | 5,588 | $247K | New |
| VMC Vulcan Materials Co. | 0.06% | 714 | $220K | New |
| VCIT Vanguard Int-Term Corporate | 0.06% | 2,512 | $211K | Add +1.2% |
| MLPX Global X MLP & Energy Infras | 0.06% | 3,342 | $210K | New |
| JPM JPMorgan Chase & Co. | 0.06% | 661 | $209K | Reduce -43.2% |
| VGIT Vanguard Intermediate-Term T | 0.06% | 3,441 | $207K | Add +1.0% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.06% | 9,560 | $206K | New |
| SCHO Schwab Short-Term US Treas | 0.06% | 8,386 | $205K | New |
| PM Philip Morris International | 0.06% | 1,248 | $202K | Reduce -6.2% |
| DLTH Duluth Holdings Inc. Class B | 0.02% | 13,555 | $53K | Reduce -3.1% |
| WELLGISTICS HEALTH INC | 0.01% | 22,988 | $20K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| SCHX Schwab US Large-Cap ETF | Reduce -8.0% | 6.83% | −0.72 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -54.7% | 0.23% | −0.30 |
| IWF iShares Russell 1000 Growth | Reduce -16.5% | 1.36% | −0.26 |
| IJJ iShares S&P Mid-Cap 400 Valu | Sold out | 0.00% | −0.22 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -38.6% | 0.21% | −0.14 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Reduce -4.4% | 1.05% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -29.5% | 0.20% | −0.11 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.10 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.09 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.08 |
| SCHB Schwab US Broad Market ETF | Reduce -1.5% | 2.46% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -25.1% | 0.16% | −0.08 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.07 |
| SO The Southern Co. | Sold out | 0.00% | −0.07 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.07 |
| NVDA Nvidia Corp. | Reduce -18.6% | 0.48% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.07 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -10.9% | 0.26% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -43.2% | 0.06% | −0.05 |
| MSFT Microsoft Corp. | Reduce -12.9% | 0.20% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -12.0% | 0.27% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -26.3% | 0.10% | −0.03 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.0% | 0.59% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.7% | 0.18% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -10.9% | 0.10% | −0.02 |
| PM Philip Morris International | Reduce -6.2% | 0.06% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.6% | 0.20% | −0.02 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.01 |
| AAPL Apple Inc. | Reduce -13.4% | 0.55% | −0.01 |
| C Citigroup Inc. | Sold out | 0.00% | −0.01 |
| GM General Motors Co. | Sold out | 0.00% | −0.01 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -6.1% | 0.13% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.0% | 1.60% | −0.01 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.00 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.00 |
| LBTYK Liberty Global Ltd. Class C | Sold out | 0.00% | −0.00 |
| MGA Magna International Inc. | Sold out | 0.00% | −0.00 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.00 |
| DLTH Duluth Holdings Inc. Class B | Reduce -3.1% | 0.02% | +0.01 |
| TSLA Tesla Inc. | Reduce -4.0% | 0.08% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -11.0% | 0.29% | +0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 0.41% | +0.08 |
Portfolio Buys Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | Add +5.3% | 37.10% | +1.27 |
| IEFA iShares Core MSCI Eafe ETF | Add +8.9% | 13.91% | +0.52 |
| IJH iShares Core S&P Midcap ETF | Add +7.9% | 6.49% | +0.23 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +66.2% | 0.56% | +0.22 |
| IJR iShares Core S&P Small-Cap E | Add +4.3% | 6.03% | +0.20 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.16% | +0.16 |
| GE General Electric | New | 0.14% | +0.14 |
| SCHF Schwab Intl Equity ETF | Add +8.1% | 2.17% | +0.08 |
| BA The Boeing Co. | New | 0.08% | +0.08 |
| VYM Vanguard High DVD Yield ETF | Add +33.8% | 0.35% | +0.08 |
| VIGI Vanguard Int Div App Indx FD | New | 0.07% | +0.07 |
| IQLT iShares MSCI International Q | New | 0.07% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | Add +21.1% | 0.41% | +0.07 |
| SCHG Schwab US Large-Cap Growth | Add +10.0% | 0.75% | +0.07 |
| VMC Vulcan Materials Co. | New | 0.06% | +0.06 |
| MLPX Global X MLP & Energy Infras | New | 0.06% | +0.06 |
| BCI Abrdn Bloomberg All Commodit | New | 0.06% | +0.06 |
| SCHO Schwab Short-Term US Treas | New | 0.06% | +0.06 |
| SCHV Schwab US Large-Cap Value | Add +10.1% | 0.72% | +0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +48.0% | 0.12% | +0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +14.1% | 0.26% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +3.7% | 0.45% | +0.01 |
| DFAX Dimensional World Ex US Core | Add +7.1% | 0.15% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.1% | 0.17% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +7.6% | 0.62% | +0.00 |
| IEMG iShares Core MSCI Emerging | Add +0.0% | 0.29% | +0.00 |
| IUSG iShares Core S&P U.S. Growth | Add +0.1% | 0.46% | 0.00 |
| LMT Lockheed Martin Corp. | Add +0.5% | 0.09% | −0.00 |
| VT Vanguard Tot World STK ETF | Add +0.0% | 0.10% | −0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.1% | 0.09% | −0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.3% | 0.32% | −0.00 |
| VCIT Vanguard Int-Term Corporate | Add +1.2% | 0.06% | −0.00 |
| VGIT Vanguard Intermediate-Term T | Add +1.0% | 0.06% | −0.00 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +2.1% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.52% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.1% | 0.21% | −0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +1.1% | 0.10% | −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 +1.1% | 0.10% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Add +2.3% | 0.74% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Add +2.9% | 2.47% | −0.02 |
| AGG iShares Core U.S. Aggregate | Add +0.2% | 1.65% | −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 |