WMS Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), WMS Partners, LLC reported 266 stock positions worth $1.5 billion. Its top holding was Avantis International Equity (AVDE) at 7.6% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 7.2%) and Goldman Sachs Activebeta Int (GSIE, 6.5%). Compared with Q4 2023, it opened 25 new positions, sold out of 13, added to 101 and reduced 86. The biggest buy was Goldman Activebeta US LC ETF (GSLC, shares +11%) and the biggest sale T Rowe Price (TROW, shares −27%).
- Most Recent 13F
- Q3 2025
- Location
- TOWSON, MD
- CIK
- 0001480916
- Portfolio Value
- $1.5B (Q1 2024)
- SEC Filing
- 0001480916-24-000003 ↗ filed May 15, 2024
Holdings Value
Holdings 266 stocks · $1.5B
| AVDE Avantis International Equity | 7.59% | 1,728,586 | $110.2M | Add +3.6% |
| VTI VG Morningstar TS MKT ETF-US | 7.23% | 404,317 | $105.1M | Reduce -2.2% |
| GSIE Goldman Sachs Activebeta Int | 6.55% | 2,773,653 | $95.1M | Add +3.8% |
| GSLC Goldman Activebeta US LC ETF | 5.49% | 768,645 | $79.8M | Add +10.5% |
| AVUS Avantis U.S. Equity ETF | 4.97% | 806,203 | $72.2M | Add +10.9% |
| AVUV Avantis US Small Cap Value | 4.37% | 676,945 | $63.4M | Add +3.2% |
| JCPB JPMorgan Core Plus Bond ETF | 3.99% | 1,241,832 | $57.9M | Add +17.9% |
| AVEM Avantis Emerging Markets Eq | 3.92% | 981,239 | $56.9M | Add +2.2% |
| VIG Vanguard Dividend Apprec ETF | 3.48% | 276,883 | $50.6M | Add +9.3% |
| GEM Goldman Sachs Activebeta Em | 3.40% | 1,577,938 | $49.5M | Add +3.8% |
| HTRB Hartford TTL RTRN BND ETF | 3.37% | 1,451,437 | $49.0M | Add +26.0% |
| IJR iShares Core S&P Small-Cap E | 3.18% | 417,739 | $46.2M | Add +7.6% |
| SCTXX Schwab Amt Tax FR MNY-Ultra | 2.85% | 41,387,774 | $41.4M | Reduce -14.0% |
| JSCP JPMorgan Short Duration Core | 2.84% | 887,820 | $41.3M | Reduce -0.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.81% | 334,414 | $40.8M | Reduce -26.6% |
| AAPL Apple Inc. | 2.46% | 208,591 | $35.8M | Reduce -9.3% |
| MSFT Microsoft Corp. | 2.29% | 78,928 | $33.2M | Reduce -3.6% |
| DFAC Dimensional US Core Equity 2 | 2.00% | 910,796 | $29.1M | Reduce -0.3% |
| ACWV iShares MSCI Global Min Vol | 1.36% | 187,387 | $19.7M | Reduce -4.9% |
| GOOGL Alphabet Inc. Class A | 0.90% | 86,851 | $13.1M | Add +0.2% |
| V Visa Inc. Class A | 0.85% | 44,162 | $12.3M | Reduce -0.0% |
| VT Vanguard Tot World STK ETF | 0.80% | 105,122 | $11.6M | Reduce -14.7% |
| GOOG Alphabet Inc. Class C | 0.74% | 70,487 | $10.7M | Reduce -3.1% |
| AVDV Avantis Intl S/C Value ETF | 0.72% | 158,273 | $10.4M | Reduce -3.3% |
| DFCF Dimensional Core Fixed Inc. | 0.67% | 230,649 | $9.7M | Add +1.1% |
| AGG iShares Core U.S. Aggregate | 0.65% | 96,744 | $9.5M | Add +0.9% |
| JNJ Johnson & Johnson | 0.60% | 55,443 | $8.8M | Reduce -5.8% |
| IVV iShares Core S&P 500 ETF | 0.59% | 16,434 | $8.6M | Add +0.5% |
| DFAU Dimensional US Core Equity M | 0.58% | 232,236 | $8.5M | Reduce -0.8% |
| ACWI iShares MSCI Acwi ETF | 0.53% | 70,060 | $7.7M | Reduce -12.0% |
| PWR Quanta Services Inc. | 0.48% | 26,892 | $7.0M | Reduce -2.4% |
| ABT Abbott Laboratories | 0.44% | 56,714 | $6.4M | Reduce -8.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.44% | 25,785 | $6.4M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.43% | 34,630 | $6.2M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.40% | 36,029 | $5.8M | Reduce -5.9% |
| VIGI Vanguard Int Div App Indx FD | 0.40% | 70,376 | $5.7M | Reduce -8.5% |
| MCD McDonald's Corp. | 0.36% | 18,357 | $5.2M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.35% | 44,092 | $5.1M | Add +1.8% |
| RSPT Invesco S&P 500 Equal Weight | 0.33% | 137,942 | $4.9M | Reduce -1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 11,171 | $4.7M | Reduce -0.6% |
| UBER Uber Technologies Inc. | 0.32% | 60,986 | $4.7M | Reduce -17.9% |
| IWB iShares Russell 1000 ETF | 0.29% | 14,630 | $4.2M | No change |
| IAU iShares Gold Trust | 0.29% | 99,570 | $4.2M | Add +8.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 7,988 | $4.2M | Add +0.8% |
| PEP Pepsico Inc. | 0.28% | 23,355 | $4.1M | Reduce -1.7% |
| DHR Danaher Corp. | 0.26% | 15,387 | $3.8M | Reduce -0.3% |
| MKC McCormick & Co.-Non VTG SHRS | 0.25% | 47,950 | $3.7M | Reduce -1.0% |
| RYAN Ryan Specialty Holdings Inc. | 0.24% | 62,861 | $3.5M | Reduce -32.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.23% | 42,794 | $3.3M | Reduce -13.5% |
| MA Mastercard Inc. Class A | 0.23% | 6,785 | $3.3M | Reduce -4.1% |
| AXSM Axsome Therapeutics Inc. | 0.22% | 40,711 | $3.2M | Reduce -19.7% |
| JPM JPMorgan Chase & Co. | 0.22% | 16,099 | $3.2M | Add +5.2% |
| MKC.V McCormick & Co. Inc. VTG Com | 0.22% | 41,591 | $3.2M | Reduce -0.9% |
| DEO Diageo PLC-Sponsored ADR | 0.21% | 20,668 | $3.1M | Reduce -1.5% |
| FNB FNB Corp. | 0.19% | 197,250 | $2.8M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.19% | 20,684 | $2.7M | No change |
| NVDA Nvidia Corp. | 0.18% | 2,952 | $2.7M | No change |
| PRF Invesco Rafi US 1000 ETF | 0.16% | 59,665 | $2.3M | No change |
| GLD SPDR Gold Shares | 0.15% | 10,407 | $2.1M | Reduce -1.5% |
| VGSH Vanguard Short-Term Treasury | 0.14% | 35,963 | $2.1M | Reduce -6.6% |
| COST Costco Wholesale Corp. | 0.14% | 2,834 | $2.1M | Add +4.7% |
| MRK Merck & Co. Inc. | 0.14% | 15,567 | $2.1M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.14% | 4,211 | $2.0M | Reduce -0.1% |
| DFEM Dimensional Emrg MRKT Core | 0.14% | 78,671 | $2.0M | Reduce -0.9% |
| KO The Coca-Cola Co. | 0.14% | 32,381 | $2.0M | Add +1.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 16,158 | $2.0M | Add +9.8% |
| PM Philip Morris International | 0.13% | 20,939 | $1.9M | Add +22.0% |
| ORCL Oracle Corp. | 0.13% | 15,212 | $1.9M | Add +1.7% |
| BZH Beazer Homes USA Inc. | 0.13% | 57,399 | $1.9M | No change |
| HD Home Depot Inc. | 0.13% | 4,857 | $1.9M | Add +7.0% |
| GSSC Goldman Sachs Activebeta US | 0.13% | 28,387 | $1.9M | Reduce -16.5% |
| IEMG iShares Core MSCI Emerging | 0.13% | 35,803 | $1.8M | Add +3.9% |
| INTC Intel Corp. | 0.12% | 41,067 | $1.8M | Reduce -5.3% |
| SYK Stryker Corp. | 0.12% | 5,068 | $1.8M | Add +1.2% |
| IVW iShares S&P 500 Growth ETF | 0.12% | 21,171 | $1.8M | Reduce -5.4% |
| UNP Union Pacific Corp. | 0.12% | 7,192 | $1.8M | Add +2.4% |
| SCHF Schwab Intl Equity ETF | 0.12% | 44,286 | $1.7M | Add +0.0% |
| ORLY O'reilly Automotive Inc. | 0.12% | 1,507 | $1.7M | Add +0.4% |
| ALGN Align Technology Inc. | 0.11% | 5,007 | $1.6M | No change |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.11% | 26,071 | $1.6M | Add +59.7% |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 9,381 | $1.6M | Reduce -0.8% |
| SLV iShares Silver Trust | 0.11% | 68,740 | $1.6M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,505 | $1.6M | Reduce -1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.10% | 6,610 | $1.5M | No change |
| WMT Walmart Inc. | 0.10% | 24,784 | $1.5M | Reduce -2.4% |
| TOTL SS Doubleline TR Tact ETF | 0.10% | 35,627 | $1.4M | Add +7.0% |
| IWF iShares Russell 1000 Growth | 0.10% | 4,179 | $1.4M | Add +14.2% |
| VGT Vanguard Info Tech ETF | 0.09% | 2,602 | $1.4M | Reduce -3.2% |
| CSCO Cisco Systems Inc. | 0.09% | 27,254 | $1.4M | Reduce -11.4% |
| ABBV Abbvie Inc. | 0.09% | 7,358 | $1.3M | Reduce -5.0% |
| PFE Pfizer Inc. | 0.09% | 48,246 | $1.3M | Add +0.9% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.09% | 34,035 | $1.3M | No change |
| VYM Vanguard High DVD Yield ETF | 0.09% | 10,874 | $1.3M | No change |
| AVSC Avantis US Small Cap Equity | 0.09% | 23,592 | $1.2M | Reduce -10.8% |
| IVE iShares S&P 500 Value ETF | 0.08% | 6,568 | $1.2M | Reduce -8.8% |
| LLY Eli Lilly & Co. | 0.08% | 1,564 | $1.2M | Reduce -21.1% |
| GE General Electric | 0.08% | 6,890 | $1.2M | Reduce -4.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.08% | 20,929 | $1.2M | Reduce -0.2% |
| CVX Chevron Corp. | 0.08% | 7,455 | $1.2M | Add +7.0% |
| CNI Canadian Natl Railway Co. | 0.08% | 8,792 | $1.2M | Add +2.8% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.3M (not counted above)
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q4 2023 → Q1 2024
| TROW T Rowe Price Group Inc. | Reduce -26.6% | 2.81% | −0.80 |
| AAPL Apple Inc. | Reduce -9.3% | 2.46% | −0.79 |
| SCTXX Schwab Amt Tax FR MNY-Ultra | Reduce -14.0% | 2.85% | −0.69 |
| JSCP JPMorgan Short Duration Core | Reduce -0.0% | 2.84% | −0.20 |
| VT Vanguard Tot World STK ETF | Reduce -14.7% | 0.80% | −0.13 |
| ACWV iShares MSCI Global Min Vol | Reduce -4.9% | 1.36% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.08 |
| JNJ Johnson & Johnson | Reduce -5.8% | 0.60% | −0.07 |
| AXSM Axsome Therapeutics Inc. | Reduce -19.7% | 0.22% | −0.07 |
| ACWI iShares MSCI Acwi ETF | Reduce -12.0% | 0.53% | −0.06 |
| MCD McDonald's Corp. | Reduce -2.9% | 0.36% | −0.06 |
| ABT Abbott Laboratories | Reduce -8.0% | 0.44% | −0.06 |
| VIGI Vanguard Int Div App Indx FD | Reduce -8.5% | 0.40% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -13.5% | 0.23% | −0.05 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -32.3% | 0.24% | −0.05 |
| PPLT Abrdn Physical Platinum SHRS | Sold out | 0.00% | −0.05 |
| INTC Intel Corp. | Reduce -5.3% | 0.12% | −0.04 |
| AVDV Avantis Intl S/C Value ETF | Reduce -3.3% | 0.72% | −0.03 |
| GSSC Goldman Sachs Activebeta US | Reduce -16.5% | 0.13% | −0.03 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.03 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.03 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Reduce -6.6% | 0.14% | −0.02 |
| MDXG Mimedx Group Inc. | Reduce -24.7% | 0.03% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -11.4% | 0.09% | −0.02 |
| SPPP Sprott Physical Platinum And | Sold out | 0.00% | −0.02 |
| TSLA Tesla Inc. | Reduce -8.2% | 0.03% | −0.02 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.02 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.02 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.02 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.02 |
| PEP Pepsico Inc. | Reduce -1.7% | 0.28% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -3.1% | 0.74% | −0.02 |
| AVSC Avantis US Small Cap Equity | Reduce -10.8% | 0.09% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.5% | 0.21% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -17.9% | 0.32% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -38.0% | 0.02% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -24.9% | 0.03% | −0.01 |
| SPGI S&P Global Inc. | Reduce -19.8% | 0.03% | −0.01 |
| MMM 3M Co. | Reduce -12.8% | 0.04% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -5.9% | 0.40% | −0.01 |
| ANSS Ansys Inc. | Reduce -28.9% | 0.02% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Reduce -0.1% | 0.02% | −0.01 |
| TDG Transdigm Group Inc. | Reduce -39.2% | 0.02% | −0.01 |
| DFEM Dimensional Emrg MRKT Core | Reduce -0.9% | 0.14% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -8.8% | 0.08% | −0.01 |
| DFSD Dimensional Short Duration | Reduce -9.6% | 0.03% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Reduce -7.6% | 0.05% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -27.1% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| GSLC Goldman Activebeta US LC ETF | Add +10.5% | 5.49% | +0.69 |
| AVUS Avantis U.S. Equity ETF | Add +10.9% | 4.97% | +0.61 |
| HTRB Hartford TTL RTRN BND ETF | Add +26.0% | 3.37% | +0.49 |
| JCPB JPMorgan Core Plus Bond ETF | Add +17.9% | 3.99% | +0.34 |
| VIG Vanguard Dividend Apprec ETF | Add +9.3% | 3.48% | +0.31 |
| AVDE Avantis International Equity | Add +3.6% | 7.59% | +0.17 |
| GSIE Goldman Sachs Activebeta Int | Add +3.8% | 6.55% | +0.13 |
| IJR iShares Core S&P Small-Cap E | Add +7.6% | 3.18% | +0.09 |
| PRU Prudential Financial Inc. | New | 0.08% | +0.08 |
| DIS The Walt Disney Co. | Add +9.8% | 0.14% | +0.04 |
| CGMU Cap Group Municipal Income | New | 0.04% | +0.04 |
| AVUV Avantis US Small Cap Value | Add +3.2% | 4.37% | +0.04 |
| FRPH FRP Holdings Inc. | Add +59.7% | 0.11% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.8% | 0.35% | +0.03 |
| T AT&T Inc. | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +5.2% | 0.22% | +0.03 |
| NEM Newmont Corp. | New | 0.03% | +0.03 |
| IAU iShares Gold Trust | Add +8.7% | 0.29% | +0.03 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.02% | +0.02 |
| PROSHARES SHORT QQQ | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.02% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 0.59% | +0.02 |
| META Meta Platforms Inc. Class A | Add +15.0% | 0.06% | +0.02 |
| ADM Archer-Daniels-Midland Co. | New | 0.02% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | New | 0.02% | +0.02 |
| EME Emcor Group Inc. | New | 0.02% | +0.02 |
| PYPL PayPal Holdings Inc. | New | 0.02% | +0.02 |
| MPC Marathon Petroleum Corp. | New | 0.02% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +31.1% | 0.06% | +0.02 |
| VZ Verizon Communications Inc. | New | 0.02% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.02% | +0.02 |
| TTD Trade Desk Inc./the Class A | New | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +1.7% | 0.13% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +14.2% | 0.10% | +0.02 |
| ECL Ecolab Inc. | New | 0.02% | +0.02 |
| SYK Stryker Corp. | Add +1.2% | 0.12% | +0.01 |
| WM Waste Management Inc. | New | 0.01% | +0.01 |
| PROSHARES TR | New | 0.01% | +0.01 |
| GPC Genuine Parts Co. | New | 0.01% | +0.01 |
| ISVL iShares International Develo | New | 0.01% | +0.01 |
| FISV Fiserv Inc. | New | 0.01% | +0.01 |
| GEHC GE Healthcare Technology | New | 0.01% | +0.01 |
| PM Philip Morris International | Add +22.0% | 0.13% | +0.01 |
| HD Home Depot Inc. | Add +7.0% | 0.13% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +0.4% | 0.12% | +0.01 |
| CAT Caterpillar Inc. | Add +1.9% | 0.08% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 0.90% | +0.01 |
| B Barrick Gold Corp. | New | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +4.7% | 0.14% | +0.01 |
| AVSU Avantis Resp US Equity ETF | Add +22.6% | 0.05% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| TROW T Rowe Price Group Inc. | COM · principal | New | 30,000 | $3.7M |
| ALGN Align Technology Inc. | COM · principal | New | 4,900 | $1.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.