WMS Partners, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), WMS Partners, LLC reported 260 stock positions worth $1.6 billion. Its top holding was T Rowe Price (TROW) at 7.4% of the portfolio, followed by Avantis International Equity (AVDE, 6.9%) and VG Morningstar TS MKT ETF-US (VTI, 6.9%). Compared with Q1 2024, it opened 13 new positions, sold out of 20, added to 86 and reduced 118. The biggest buy was T Rowe Price (TROW, shares +199%) and the biggest sale Schwab Amt Tax FR MNY-Ultra (SCTXX, shares −11%).
- Most Recent 13F
- Q3 2025
- Location
- TOWSON, MD
- CIK
- 0001480916
- Portfolio Value
- $1.6B (Q2 2024)
- SEC Filing
- 0001480916-24-000004 ↗ filed Aug 14, 2024
Holdings Value
Holdings 260 stocks · $1.6B
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 7.39% | 999,522 | $115.3M | Add +198.9% |
| AVDE Avantis International Equity | 6.94% | 1,738,160 | $108.2M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 6.86% | 399,800 | $107.0M | Reduce -1.1% |
| GSIE Goldman Sachs Activebeta Int | 6.07% | 2,809,250 | $94.5M | Add +1.3% |
| GSLC Goldman Activebeta US LC ETF | 5.73% | 834,885 | $89.3M | Add +8.6% |
| AVUS Avantis U.S. Equity ETF | 5.09% | 879,852 | $79.4M | Add +9.1% |
| JCPB JPMorgan Core Plus Bond ETF | 4.17% | 1,404,536 | $65.1M | Add +13.1% |
| AVUV Avantis US Small Cap Value | 4.02% | 697,775 | $62.6M | Add +3.1% |
| AVEM Avantis Emerging Markets Eq | 3.88% | 990,552 | $60.5M | Add +0.9% |
| HTRB Hartford TTL RTRN BND ETF | 3.55% | 1,653,221 | $55.4M | Add +13.9% |
| VIG Vanguard Dividend Apprec ETF | 3.51% | 299,657 | $54.7M | Add +8.2% |
| GEM Goldman Sachs Activebeta Em | 3.32% | 1,583,837 | $51.7M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 3.02% | 441,632 | $47.1M | Add +5.7% |
| AAPL Apple Inc. | 2.88% | 212,785 | $44.8M | Add +2.0% |
| JSCP JPMorgan Short Duration Core | 2.83% | 949,597 | $44.1M | Add +7.0% |
| SCTXX Schwab Amt Tax FR MNY-Ultra | 2.37% | 36,927,977 | $36.9M | Reduce -10.8% |
| MSFT Microsoft Corp. | 2.19% | 76,508 | $34.2M | Reduce -3.1% |
| DFAC Dimensional US Core Equity 2 | 1.87% | 904,966 | $29.2M | Reduce -0.6% |
| ACWV iShares MSCI Global Min Vol | 1.22% | 181,164 | $19.0M | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 1.01% | 86,019 | $15.7M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.83% | 70,414 | $12.9M | Reduce -0.1% |
| V Visa Inc. Class A | 0.74% | 43,683 | $11.5M | Reduce -1.1% |
| VT Vanguard Tot World STK ETF | 0.70% | 96,551 | $10.9M | Reduce -8.2% |
| AVDV Avantis Intl S/C Value ETF | 0.62% | 148,698 | $9.7M | Reduce -6.0% |
| IVV iShares Core S&P 500 ETF | 0.59% | 16,835 | $9.2M | Add +2.4% |
| DFCF Dimensional Core Fixed Inc. | 0.56% | 211,913 | $8.8M | Reduce -8.1% |
| DFAU Dimensional US Core Equity M | 0.55% | 226,634 | $8.5M | Reduce -2.4% |
| AGG iShares Core U.S. Aggregate | 0.53% | 85,168 | $8.3M | Reduce -12.0% |
| JNJ Johnson & Johnson | 0.51% | 54,501 | $8.0M | Reduce -1.7% |
| ACWI iShares MSCI Acwi ETF | 0.47% | 65,455 | $7.4M | Reduce -6.6% |
| AMZN Amazon.com Inc. | 0.44% | 35,250 | $6.8M | Add +1.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.40% | 25,832 | $6.3M | Add +0.2% |
| PG The Procter & Gamble Co. | 0.39% | 36,482 | $6.0M | Add +1.3% |
| ABT Abbott Laboratories | 0.37% | 56,176 | $5.8M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.32% | 43,860 | $5.0M | Reduce -0.5% |
| RSPT Invesco S&P 500 Equal Weight | 0.32% | 136,819 | $5.0M | Reduce -0.8% |
| VIGI Vanguard Int Div App Indx FD | 0.32% | 61,174 | $5.0M | Reduce -13.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 11,582 | $4.7M | Add +3.7% |
| MCD McDonald's Corp. | 0.30% | 18,105 | $4.6M | Reduce -1.4% |
| UBER Uber Technologies Inc. | 0.28% | 60,192 | $4.4M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 8,012 | $4.4M | Add +0.3% |
| IWB iShares Russell 1000 ETF | 0.28% | 14,630 | $4.4M | No change |
| PWR Quanta Services Inc. | 0.28% | 17,120 | $4.4M | Reduce -36.3% |
| IAU iShares Gold Trust | 0.27% | 94,377 | $4.1M | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 0.26% | 20,162 | $4.1M | Add +25.2% |
| NVDA Nvidia Corp. | 0.26% | 32,678 | $4.0M | Add +10.7% |
| PEP Pepsico Inc. | 0.25% | 23,487 | $3.9M | Add +0.6% |
| DHR Danaher Corp. | 0.25% | 15,385 | $3.8M | Reduce -0.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.22% | 45,167 | $3.5M | Add +5.5% |
| RYAN Ryan Specialty Holdings Inc. | 0.22% | 59,561 | $3.4M | Reduce -5.3% |
| AXSM Axsome Therapeutics Inc. | 0.21% | 40,711 | $3.3M | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.21% | 45,716 | $3.2M | Reduce -4.7% |
| MA Mastercard Inc. Class A | 0.21% | 7,300 | $3.2M | Add +7.6% |
| FNB FNB Corp. | 0.17% | 197,250 | $2.7M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.17% | 24,056 | $2.6M | Add +16.3% |
| COST Costco Wholesale Corp. | 0.15% | 2,843 | $2.4M | Add +0.3% |
| DEO Diageo PLC-Sponsored ADR | 0.15% | 19,085 | $2.4M | Reduce -7.7% |
| MKC.V McCormick & Co. Inc. VTG Com | 0.15% | 33,591 | $2.3M | Reduce -19.2% |
| GLD SPDR Gold Shares | 0.14% | 10,402 | $2.2M | Reduce -0.1% |
| PM Philip Morris International | 0.14% | 21,063 | $2.1M | Add +0.6% |
| ORCL Oracle Corp. | 0.14% | 15,109 | $2.1M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.13% | 32,228 | $2.1M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 0.13% | 4,081 | $2.0M | Reduce -3.1% |
| VGSH Vanguard Short-Term Treasury | 0.13% | 33,805 | $2.0M | Reduce -6.0% |
| IVW iShares S&P 500 Growth ETF | 0.12% | 20,947 | $1.9M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.12% | 15,360 | $1.9M | Reduce -1.3% |
| SLV iShares Silver Trust | 0.12% | 68,943 | $1.8M | Add +0.3% |
| DFEM Dimensional Emrg MRKT Core | 0.11% | 64,687 | $1.7M | Reduce -17.8% |
| SYK Stryker Corp. | 0.11% | 4,967 | $1.7M | Reduce -2.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,509 | $1.7M | Add +0.1% |
| WMT Walmart Inc. | 0.11% | 24,771 | $1.7M | Reduce -0.1% |
| HD Home Depot Inc. | 0.10% | 4,668 | $1.6M | Reduce -3.9% |
| ORLY O'reilly Automotive Inc. | 0.10% | 1,510 | $1.6M | Add +0.2% |
| UNP Union Pacific Corp. | 0.10% | 7,039 | $1.6M | Reduce -2.1% |
| BZH Beazer Homes USA Inc. | 0.10% | 57,399 | $1.6M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.10% | 9,382 | $1.5M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.10% | 4,173 | $1.5M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 15,153 | $1.5M | Reduce -6.2% |
| VGT Vanguard Info Tech ETF | 0.10% | 2,596 | $1.5M | Reduce -0.2% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.10% | 52,142 | $1.5M | No change |
| GSSC Goldman Sachs Activebeta US | 0.09% | 23,126 | $1.5M | Reduce -18.5% |
| CNI Canadian Natl Railway Co. | 0.09% | 12,044 | $1.4M | Add +37.0% |
| TOTL SS Doubleline TR Tact ETF | 0.09% | 35,584 | $1.4M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.09% | 1,547 | $1.4M | Reduce -1.1% |
| LPLA LPL Financial Holdings Inc. | 0.09% | 5,000 | $1.4M | New |
| PFE Pfizer Inc. | 0.08% | 47,159 | $1.3M | Reduce -2.3% |
| VYM Vanguard High DVD Yield ETF | 0.08% | 10,874 | $1.3M | No change |
| AVSU Avantis Resp US Equity ETF | 0.08% | 20,804 | $1.3M | Add +63.2% |
| ABBV Abbvie Inc. | 0.08% | 7,469 | $1.3M | Add +1.5% |
| INTC Intel Corp. | 0.08% | 39,543 | $1.2M | Reduce -3.7% |
| CVX Chevron Corp. | 0.08% | 7,787 | $1.2M | Add +4.5% |
| ALGN Align Technology Inc. | 0.08% | 5,007 | $1.2M | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.08% | 15,000 | $1.2M | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 0.08% | 25,284 | $1.2M | Reduce -7.2% |
| AVSC Avantis US Small Cap Equity | 0.08% | 23,592 | $1.2M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.08% | 5,392 | $1.2M | Reduce -18.4% |
| IVE iShares S&P 500 Value ETF | 0.07% | 6,391 | $1.2M | Reduce -2.7% |
| PRU Prudential Financial Inc. | 0.07% | 9,554 | $1.1M | Add +0.1% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.07% | 19,775 | $1.1M | Reduce -5.5% |
| GE General Electric filed as GE AEROSPACE | 0.07% | 6,828 | $1.1M | Reduce -0.9% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $5.8M (not counted above)
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q1 2024 → Q2 2024
| SCTXX Schwab Amt Tax FR MNY-Ultra | Reduce -10.8% | 2.37% | −0.48 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.1% | 6.86% | −0.37 |
| PWR Quanta Services Inc. | Reduce -36.3% | 0.28% | −0.20 |
| PRF Invesco Rafi US 1000 ETF | Reduce -90.6% | 0.01% | −0.14 |
| ACWV iShares MSCI Global Min Vol | Reduce -3.3% | 1.22% | −0.14 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.6% | 1.87% | −0.13 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.13 |
| AGG iShares Core U.S. Aggregate | Reduce -12.0% | 0.53% | −0.12 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.12 |
| V Visa Inc. Class A | Reduce -1.1% | 0.74% | −0.11 |
| VT Vanguard Tot World STK ETF | Reduce -8.2% | 0.70% | −0.10 |
| DFCF Dimensional Core Fixed Inc. | Reduce -8.1% | 0.56% | −0.10 |
| AVDV Avantis Intl S/C Value ETF | Reduce -6.0% | 0.62% | −0.10 |
| JNJ Johnson & Johnson | Reduce -1.7% | 0.51% | −0.09 |
| MSFT Microsoft Corp. | Reduce -3.1% | 2.19% | −0.09 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Sold out | 0.00% | −0.09 |
| VIGI Vanguard Int Div App Indx FD | Reduce -13.1% | 0.32% | −0.08 |
| PXF Invesco Rafi Developed Marke | Sold out | 0.00% | −0.07 |
| MKC.V McCormick & Co. Inc. VTG Com | Reduce -19.2% | 0.15% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.9% | 0.37% | −0.07 |
| MCD McDonald's Corp. | Reduce -1.4% | 0.30% | −0.06 |
| ACWI iShares MSCI Acwi ETF | Reduce -6.6% | 0.47% | −0.06 |
| DEO Diageo PLC-Sponsored ADR | Reduce -7.7% | 0.15% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -64.0% | 0.02% | −0.05 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.05 |
| INTC Intel Corp. | Reduce -3.7% | 0.08% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -4.7% | 0.21% | −0.05 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Sold out | 0.00% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -1.3% | 0.28% | −0.04 |
| DIS The Walt Disney Co. | Reduce -6.2% | 0.10% | −0.04 |
| DFAU Dimensional US Core Equity M | Reduce -2.4% | 0.55% | −0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Sold out | 0.00% | −0.04 |
| GSSC Goldman Sachs Activebeta US | Reduce -18.5% | 0.09% | −0.03 |
| AVSD Avantis Reps Intern Equi ETF | Reduce -49.6% | 0.03% | −0.03 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Sold out | 0.00% | −0.03 |
| SCHC Schwab Intl Small-Cap Equity | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 0.32% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -18.4% | 0.08% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.03 |
| DFEM Dimensional Emrg MRKT Core | Reduce -17.8% | 0.11% | −0.03 |
| HD Home Depot Inc. | Reduce -3.9% | 0.10% | −0.03 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.02 |
| MDXG Mimedx Group Inc. | Reduce -65.2% | 0.01% | −0.02 |
| IAU iShares Gold Trust | Reduce -5.2% | 0.27% | −0.02 |
| ACN Accenture PLC Class A | Reduce -9.0% | 0.06% | −0.02 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −0.02 |
| UNP Union Pacific Corp. | Reduce -2.1% | 0.10% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -1.3% | 0.12% | −0.02 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -5.3% | 0.22% | −0.02 |
| SCHH Schwab US REIT ETF | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| TROW T Rowe Price Group Inc. | Add +198.9% | 7.39% | +4.59 |
| AAPL Apple Inc. | Add +2.0% | 2.88% | +0.41 |
| GSLC Goldman Activebeta US LC ETF | Add +8.6% | 5.73% | +0.24 |
| JCPB JPMorgan Core Plus Bond ETF | Add +13.1% | 4.17% | +0.19 |
| HTRB Hartford TTL RTRN BND ETF | Add +13.9% | 3.55% | +0.18 |
| AVUS Avantis U.S. Equity ETF | Add +9.1% | 5.09% | +0.12 |
| LPLA LPL Financial Holdings Inc. | New | 0.09% | +0.09 |
| NVDA Nvidia Corp. | Add +10.7% | 0.26% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +25.2% | 0.26% | +0.04 |
| AXP American Express Co. | Add +92.2% | 0.07% | +0.03 |
| PSQ Proshares Short QQQ | Add +156.4% | 0.05% | +0.03 |
| AEP American Electric Power | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +8.2% | 3.51% | +0.03 |
| AVSU Avantis Resp US Equity ETF | Add +63.2% | 0.08% | +0.03 |
| UTWO F/M US Treasury 2 Year Note | New | 0.02% | +0.02 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | New | 0.02% | +0.02 |
| SCHX Schwab US Large-Cap ETF | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | New | 0.02% | +0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +47.3% | 0.05% | +0.02 |
| AVGO Broadcom Inc. | New | 0.01% | +0.01 |
| APD Air Products & Chemicals Inc. | New | 0.01% | +0.01 |
| WFC Wells Fargo & Co. | New | 0.01% | +0.01 |
| FDX FedEx Corp. | New | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | New | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.3% | 0.15% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +37.0% | 0.09% | +0.01 |
| QCOM Qualcomm Inc. | Add +9.9% | 0.07% | +0.01 |
| NEM Newmont Corp. | Add +27.5% | 0.04% | +0.01 |
| SLV iShares Silver Trust | Add +0.3% | 0.12% | +0.01 |
| AMZN Amazon.com Inc. | Add +1.8% | 0.44% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +18.2% | 0.06% | +0.01 |
| DFSD Dimensional Short Duration | Add +27.4% | 0.04% | +0.01 |
| OLO Olo Inc. Class A | New | 0.01% | +0.01 |
| PM Philip Morris International | Add +0.6% | 0.14% | +0.00 |
| TXN Texas Instruments Inc. | Add +5.5% | 0.05% | +0.00 |
| PBI Pitney Bowes Inc. | Add +56.6% | 0.01% | +0.00 |
| ADI Analog Devices Inc. | Add +4.6% | 0.02% | +0.00 |
| CL Colgate-Palmolive Co. | Add +5.5% | 0.04% | +0.00 |
| HON Honeywell International Inc. | Add +9.7% | 0.03% | +0.00 |
| VRSK Verisk Analytics Inc. | Add +0.6% | 0.03% | +0.00 |
| OUNZ Vaneck Merk Gold ETF | Add +9.1% | 0.03% | +0.00 |
| WM Waste Management Inc. | Add +19.4% | 0.02% | +0.00 |
| SO The Southern Co. | Add +5.9% | 0.02% | +0.00 |
| KMB Kimberly-Clark Corp. | Add +2.3% | 0.05% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 0.11% | +0.00 |
| BA The Boeing Co. | Add +17.1% | 0.02% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 0.04% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.7% | 0.07% | +0.00 |
| MO Altria Group Inc. | Add +3.2% | 0.03% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| PRU Prudential Financial Inc. | COM · principal | New | 7,900 | $926K |
| SYK Stryker Corp. | COM · principal | New | 800 | $272K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.