Valley Forge Investment Consultants Inc. Adv
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Valley Forge Investment Consultants Inc. Adv reported 80 stock positions worth $343.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 37.3% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 14.3%) and Schwab US Large-Cap ETF (SCHX, 6.9%). Compared with Q3 2025, it opened 2 new positions, sold out of 6, added to 31 and reduced 28. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +1%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- AUDUBON, PA
- CIK
- 0000920655
- Portfolio Value
- $343.9M (Q4 2025)
- SEC Filing
- 0000920655-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 80 stocks · $343.9M
| IVV iShares Core S&P 500 ETF | 37.26% | 187,057 | $128.1M | Reduce -1.3% |
| IEFA iShares Core MSCI Eafe ETF | 14.33% | 550,722 | $49.3M | Add +1.1% |
| SCHX Schwab US Large-Cap ETF | 6.87% | 877,600 | $23.6M | Reduce -1.0% |
| IJH iShares Core S&P Midcap ETF | 6.53% | 339,995 | $22.4M | Reduce -0.1% |
| IJR iShares Core S&P Small-Cap E | 6.08% | 174,039 | $20.9M | Add +0.4% |
| SCHM Schwab US Mid Cap ETF | 2.53% | 288,759 | $8.7M | Add +1.4% |
| SCHB Schwab US Broad Market ETF | 2.49% | 326,360 | $8.6M | Reduce -0.1% |
| SCHF Schwab Intl Equity ETF | 2.28% | 326,461 | $7.8M | Add +2.2% |
| AGG iShares Core U.S. Aggregate | 1.70% | 58,473 | $5.8M | Add +3.7% |
| SCHA Schwab US Small-Cap ETF | 1.64% | 198,536 | $5.7M | Add +1.5% |
| IWF iShares Russell 1000 Growth | 1.36% | 9,888 | $4.7M | Reduce -0.5% |
| SCHD Schwab US DVD Equity ETF | 1.12% | 140,021 | $3.8M | Add +6.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.10% | 5 | $3.8M | No change |
| IUSV iShares Core S&P U.S. Value | 0.76% | 25,371 | $2.6M | Add +0.4% |
| SCHG Schwab US Large-Cap Growth | 0.75% | 79,142 | $2.6M | Reduce -1.8% |
| SCHV Schwab US Large-Cap Value | 0.72% | 83,962 | $2.5M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.67% | 7,354 | $2.3M | Add +27.2% |
| VIG Vanguard Dividend Apprec ETF | 0.61% | 9,612 | $2.1M | Add +2.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.57% | 7,592 | $2.0M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 0.53% | 2,921 | $1.8M | Add +0.2% |
| DFAC Dimensional US Core Equity 2 | 0.46% | 39,579 | $1.6M | No change |
| AAPL Apple Inc. | 0.45% | 5,630 | $1.5M | Reduce -23.3% |
| IUSG iShares Core S&P U.S. Growth | 0.44% | 9,108 | $1.5M | Reduce -4.0% |
| VWO Vanguard Ftse Emerging Marke | 0.42% | 26,911 | $1.4M | Add +3.2% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.39% | 15,686 | $1.4M | Reduce -4.5% |
| VYM Vanguard High DVD Yield ETF | 0.35% | 8,405 | $1.2M | Reduce -0.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.33% | 22,796 | $1.1M | Reduce -46.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.33% | 3,607 | $1.1M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 0.30% | 3,275 | $1.0M | Reduce -18.6% |
| IEMG iShares Core MSCI Emerging | 0.29% | 15,073 | $1.0M | Add +1.2% |
| SPRY Ars Pharmaceuticals Inc. | 0.28% | 83,225 | $970K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 1,410 | $962K | Add +0.1% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.26% | 2,949 | $891K | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 4,330 | $827K | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 1,195 | $734K | Reduce -0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.21% | 2,455 | $712K | Reduce -0.8% |
| HSY The Hershey Co. | 0.20% | 3,850 | $701K | No change |
| NVDA Nvidia Corp. | 0.20% | 3,700 | $690K | Reduce -57.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.20% | 7,256 | $683K | No change |
| CB Chubb Ltd. | 0.18% | 2,000 | $624K | Reduce -1.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.18% | 25,810 | $603K | Reduce -31.4% |
| IWR iShares Russell Mid-Cap ETF | 0.17% | 6,191 | $596K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 1,212 | $591K | Reduce -0.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.17% | 3,242 | $575K | Add +0.4% |
| AMZN Amazon.com Inc. | 0.16% | 2,333 | $539K | Reduce -24.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.15% | 1,903 | $531K | Add +35.4% |
| DFAX Dimensional World Ex US Core | 0.15% | 16,086 | $526K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.15% | 15,981 | $523K | Add +1.4% |
| PAYX Paychex Inc. | 0.15% | 4,560 | $512K | No change |
| MSFT Microsoft Corp. | 0.15% | 1,045 | $505K | Reduce -22.5% |
| TBBK The Bancorp Inc. | 0.14% | 7,041 | $475K | No change |
| GLTR Abrdn Precious Metals Basket | 0.14% | 2,270 | $467K | No change |
| IWN iShares Russell 2000 Value E | 0.12% | 2,249 | $408K | No change |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.12% | 4,402 | $407K | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 0.10% | 546 | $360K | Reduce -26.6% |
| VT Vanguard Tot World STK ETF | 0.10% | 2,535 | $358K | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.10% | 1,405 | $346K | No change |
| IWB iShares Russell 1000 ETF | 0.10% | 903 | $337K | No change |
| IBDT iShares Ibonds Dec 2028 ETF | 0.10% | 13,247 | $337K | Add +1.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.10% | 13,765 | $334K | Add +1.1% |
| IBDR iShares Ibonds Dec 2026 Term | 0.10% | 13,672 | $331K | Add +1.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.09% | 3,292 | $310K | Add +0.1% |
| IAU iShares Gold Trust | 0.09% | 3,722 | $302K | Reduce -47.3% |
| LMT Lockheed Martin Corp. | 0.09% | 618 | $299K | Add +0.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.08% | 2,498 | $284K | Reduce -35.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 563 | $283K | Reduce -16.0% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.08% | 5,769 | $281K | Add +1.4% |
| TSLA Tesla Inc. | 0.08% | 579 | $260K | Reduce -0.5% |
| VIGI Vanguard Int Div App Indx FD | 0.08% | 2,826 | $258K | No change |
| IQLT iShares MSCI International Q | 0.07% | 5,588 | $254K | No change |
| SLV iShares Silver Trust | 0.07% | 3,840 | $247K | New |
| SCHO Schwab Short-Term US Treas | 0.07% | 9,997 | $244K | Add +19.2% |
| LLY Eli Lilly & Co. | 0.07% | 223 | $240K | New |
| VCIT Vanguard Int-Term Corporate | 0.06% | 2,551 | $214K | Add +1.6% |
| VGIT Vanguard Intermediate-Term T | 0.06% | 3,484 | $209K | Add +1.3% |
| VMC Vulcan Materials Co. | 0.06% | 714 | $204K | No change |
| MLPX Global X MLP & Energy Infras | 0.06% | 3,342 | $202K | No change |
| JPM JPMorgan Chase & Co. | 0.06% | 626 | $202K | Reduce -5.3% |
| DLTH Duluth Holdings Inc. Class B | 0.01% | 13,555 | $28K | No change |
| WELLGISTICS HEALTH INC | 0.00% | 22,988 | $9K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -46.1% | 0.33% | −0.29 |
| NVDA Nvidia Corp. | Reduce -57.6% | 0.20% | −0.28 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.18 |
| GE General Electric | Sold out | 0.00% | −0.14 |
| AAPL Apple Inc. | Reduce -23.3% | 0.45% | −0.10 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.10 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -31.4% | 0.18% | −0.08 |
| BA The Boeing Co. | Sold out | 0.00% | −0.08 |
| IAU iShares Gold Trust | Reduce -47.3% | 0.09% | −0.06 |
| BCI Abrdn Bloomberg All Commodit | Sold out | 0.00% | −0.06 |
| PM Philip Morris International | Sold out | 0.00% | −0.06 |
| MSFT Microsoft Corp. | Reduce -22.5% | 0.15% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -26.6% | 0.10% | −0.05 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -35.6% | 0.08% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -24.3% | 0.16% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -16.0% | 0.08% | −0.02 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -4.5% | 0.39% | −0.01 |
| IUSG iShares Core S&P U.S. Growth | Reduce -4.0% | 0.44% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.8% | 0.21% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -5.3% | 0.06% | −0.00 |
| SCHG Schwab US Large-Cap Growth | Reduce -1.8% | 0.75% | −0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.5% | 1.36% | 0.00 |
| TSLA Tesla Inc. | Reduce -0.5% | 0.08% | 0.00 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -0.1% | 0.12% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.4% | 0.17% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.8% | 0.21% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.2% | 0.35% | +0.00 |
| SCHV Schwab US Large-Cap Value | Reduce -0.2% | 0.72% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -18.6% | 0.30% | +0.01 |
| CB Chubb Ltd. | Reduce -1.6% | 0.18% | +0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.1% | 2.49% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.1% | 6.53% | +0.03 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.0% | 6.87% | +0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -1.3% | 37.26% | +0.17 |
Portfolio Buys Q3 2025 → Q4 2025
| IEFA iShares Core MSCI Eafe ETF | Add +1.1% | 14.33% | +0.42 |
| GOOGL Alphabet Inc. Class A | Add +27.2% | 0.67% | +0.26 |
| SCHF Schwab Intl Equity ETF | Add +2.2% | 2.28% | +0.11 |
| SLV iShares Silver Trust | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | New | 0.07% | +0.07 |
| SCHD Schwab US DVD Equity ETF | Add +6.2% | 1.12% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +0.4% | 6.08% | +0.06 |
| SCHM Schwab US Mid Cap ETF | Add +1.4% | 2.53% | +0.06 |
| SCHA Schwab US Small-Cap ETF | Add +1.5% | 1.64% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +3.7% | 1.70% | +0.05 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +35.4% | 0.15% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +2.2% | 0.61% | +0.02 |
| IUSV iShares Core S&P U.S. Value | Add +0.4% | 0.76% | +0.02 |
| SCHO Schwab Short-Term US Treas | Add +19.2% | 0.07% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.2% | 0.53% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.9% | 0.57% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +3.2% | 0.42% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +1.2% | 0.29% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.6% | 0.33% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.0% | 0.24% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.28% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.1% | 0.26% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.4% | 0.17% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +0.1% | 0.10% | +0.00 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +1.4% | 0.08% | +0.00 |
| VCIT Vanguard Int-Term Corporate | Add +1.6% | 0.06% | +0.00 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +1.1% | 0.10% | +0.00 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +1.1% | 0.10% | +0.00 |
| VGIT Vanguard Intermediate-Term T | Add +1.3% | 0.06% | +0.00 |
| IBDR iShares Ibonds Dec 2026 Term | Add +1.1% | 0.10% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.1% | 0.09% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +1.4% | 0.15% | −0.00 |
| LMT Lockheed Martin Corp. | Add +0.3% | 0.09% | −0.00 |
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 |