XML Financial, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), XML Financial, LLC reported 446 stock positions worth $1.4 billion. Its top holding was Schwab US Large-Cap Growth (SCHG) at 4.1% of the portfolio, followed by iShares Core Dividend Growth (DGRO, 3.2%) and Schwab US Large-Cap Value (SCHV, 3.2%). Compared with Q1 2026, it opened 42 new positions, sold out of 18, added to 164 and reduced 182. The biggest buy was a new position in First Trust Short Dur Manag (FSMB) and the biggest sale an exit from Goldman Sachs Access US Agg (GCOR).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001800465
- Portfolio Value
- $1.4B (Q2 2026)
- SEC Filing
- 0001725547-26-000254 ↗ filed Jul 24, 2026
Holdings Value
Holdings 446 stocks · $1.4B
| SCHG Schwab US Large-Cap Growth | 4.14% | 1,683,381 | $57.0M | Add +3.2% |
| DGRO iShares Core Dividend Growth | 3.23% | 585,875 | $44.4M | Add +1.7% |
| SCHV Schwab US Large-Cap Value | 3.18% | 1,253,900 | $43.6M | Add +0.8% |
| VGT Vanguard Info Tech ETF | 2.55% | 292,783 | $35.0M | Add +0.6% |
| IWF iShares Russell 1000 Growth | 2.54% | 281,379 | $34.9M | Reduce -1.0% |
| IWB iShares Russell 1000 ETF | 2.44% | 81,941 | $33.6M | Reduce -0.8% |
| AAPL Apple Inc. | 2.44% | 115,961 | $33.6M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 2.04% | 37,445 | $28.0M | Add +3.0% |
| IWR iShares Russell Mid-Cap ETF | 1.88% | 233,838 | $25.8M | Reduce -1.6% |
| BSV Vanguard Short-Term Bond ETF | 1.80% | 317,267 | $24.7M | Add +16.8% |
| MSFT Microsoft Corp. | 1.57% | 57,808 | $21.6M | Add +3.0% |
| PTY PIMCO Corporate & Income Opp | 1.54% | 1,754,583 | $21.1M | Add +10.3% |
| CWB SS SPDR BB Conv Sec ETF | 1.42% | 181,451 | $19.6M | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.31% | 36,078 | $18.1M | Add +6.6% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.29% | 182,658 | $17.7M | Reduce -0.8% |
| GLD SPDR Gold Shares | 1.14% | 42,489 | $15.7M | Reduce -0.7% |
| JNJ Johnson & Johnson | 1.12% | 60,680 | $15.4M | Reduce -3.5% |
| NVDA Nvidia Corp. | 1.08% | 74,279 | $14.9M | Add +10.8% |
| GSLC Goldman Activebeta US LC ETF | 1.08% | 104,365 | $14.8M | Add +1.7% |
| IYF iShares US Financials ETF | 1.06% | 113,768 | $14.5M | Add +0.0% |
| CSCO Cisco Systems Inc. | 1.04% | 121,978 | $14.3M | Reduce -4.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 1.03% | 155,578 | $14.1M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.95% | 36,391 | $13.0M | Add +1.0% |
| JPM JPMorgan Chase & Co. | 0.94% | 39,600 | $13.0M | Reduce -0.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.94% | 208,239 | $13.0M | Add +2.9% |
| IWM iShares Russell 2000 ETF | 0.94% | 43,054 | $12.9M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 0.91% | 52,605 | $12.5M | Reduce -2.1% |
| SCHD Schwab US DVD Equity ETF | 0.90% | 390,817 | $12.4M | Reduce -3.1% |
| IWP iShares Russell Mid-Cap Grow | 0.89% | 83,381 | $12.2M | Add +1.0% |
| IWD iShares Russell 1000 Value E | 0.89% | 50,237 | $12.2M | Add +1.9% |
| XRNPX Cohen & Steers REIT and Pref | 0.88% | 598,747 | $12.2M | Add +6.7% |
| IJR iShares Core S&P Small-Cap E | 0.88% | 81,300 | $12.1M | Reduce -3.6% |
| SPHD Invesco S&P 500 High Dividen | 0.86% | 232,722 | $11.8M | Add +3.6% |
| IWS iShares Russell Mid-Cap Valu | 0.81% | 68,063 | $11.2M | Add +0.4% |
| BAC Bank of America Corp. | 0.81% | 195,580 | $11.1M | Reduce -3.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.80% | 136,272 | $11.0M | Add +9.2% |
| NANR Sta STR SP S&P Nor An Res-Ui | 0.78% | 142,187 | $10.7M | Add +12.1% |
| FSMB First Trust Short Dur Manag | 0.76% | 519,295 | $10.4M | New |
| QCOM Qualcomm Inc. | 0.74% | 54,882 | $10.1M | Reduce -9.0% |
| VYM Vanguard High DVD Yield ETF | 0.70% | 60,858 | $9.6M | Reduce -2.1% |
| PCPI PIMCO Inf Plus Active ETF | 0.69% | 189,811 | $9.5M | New |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.69% | 159,217 | $9.4M | Reduce -9.3% |
| AMAT Applied Materials Inc. | 0.66% | 12,508 | $9.0M | Reduce -10.7% |
| RTX RTX Corp. | 0.66% | 47,635 | $9.0M | Reduce -6.3% |
| UCON First Trust Smith Unconstrai | 0.64% | 354,461 | $8.8M | Add +0.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.63% | 171,087 | $8.6M | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.63% | 11,670 | $8.6M | Add +1.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 29,225 | $8.2M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 0.58% | 22,412 | $7.9M | Reduce -1.5% |
| IWO iShares Russell 2000 Growth | 0.57% | 19,777 | $7.8M | Reduce -3.5% |
| MRK Merck & Co. Inc. | 0.55% | 59,108 | $7.6M | Reduce -3.4% |
| IWN iShares Russell 2000 Value E | 0.52% | 32,424 | $7.2M | Add +1.1% |
| KMI Kinder Morgan Inc. | 0.51% | 220,289 | $7.0M | Reduce -5.6% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.50% | 270,311 | $6.9M | Add +16.6% |
| IGLD FT Vest Gold Strategy Target | 0.49% | 323,020 | $6.8M | Add +4.5% |
| AMGN Amgen Inc. | 0.49% | 18,659 | $6.8M | Reduce -3.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.48% | 21,795 | $6.6M | Add +5.0% |
| VOO Vanguard S&P 500 ETF | 0.46% | 9,256 | $6.4M | Add +3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 8,396 | $6.3M | Add +4.2% |
| XYLD Global X S&P 500 Cove Call E | 0.45% | 152,505 | $6.2M | Add +10.3% |
| IVW iShares S&P 500 Growth ETF | 0.44% | 44,004 | $6.1M | Reduce -1.5% |
| DJIA Global X Dow 30 Cov Call ETF | 0.44% | 271,811 | $6.0M | Add +352.0% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 72,094 | $6.0M | Reduce -50.0% |
| CVX Chevron Corp. | 0.42% | 35,027 | $5.8M | Reduce -2.6% |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.42% | 97,128 | $5.8M | Reduce -5.9% |
| XOM Exxon Mobil Corp. | 0.42% | 41,896 | $5.7M | Reduce -5.9% |
| AMD Advanced Micro Devices | 0.41% | 9,702 | $5.6M | Reduce -8.9% |
| VONG Vanguard Russell 1000 Growth | 0.40% | 43,164 | $5.5M | Add +19.1% |
| INTC Intel Corp. | 0.39% | 38,573 | $5.4M | Reduce -21.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.38% | 7 | $5.2M | Add +250.0% |
| SUB iShares Short-Term National | 0.37% | 47,680 | $5.1M | Add +0.1% |
| VONV Vanguard Russell 1000 Value | 0.37% | 47,665 | $5.1M | Add +7.7% |
| AVGO Broadcom Inc. | 0.35% | 12,809 | $4.8M | Reduce -11.6% |
| EMR Emerson Electric Co. | 0.35% | 33,572 | $4.8M | Reduce -5.6% |
| VZ Verizon Communications Inc. | 0.35% | 113,361 | $4.8M | Reduce -5.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 12,754 | $4.7M | Add +23.5% |
| CVS CVS Health Corp. | 0.32% | 42,401 | $4.4M | Reduce -6.4% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.32% | 81,823 | $4.4M | Add +419.9% |
| CMI Cummins Inc. | 0.31% | 5,938 | $4.2M | Reduce -6.5% |
| UL Unilever PLC-Sponsored ADR | 0.31% | 70,415 | $4.2M | Reduce -15.8% |
| PFF iShares Preferred & Income S | 0.30% | 135,552 | $4.1M | Reduce -1.2% |
| EFA iShares MSCI Eafe ETF | 0.30% | 39,563 | $4.1M | Reduce -2.7% |
| VTWO Vanguard Russell 2000 ETF | 0.30% | 33,834 | $4.1M | Add +9.8% |
| T AT&T Inc. | 0.28% | 183,503 | $3.8M | Reduce -7.3% |
| EPD Enterprise Products Partners | 0.27% | 102,139 | $3.8M | Reduce -9.1% |
| XLK SS Technology Select Sector | 0.27% | 19,360 | $3.7M | Add +15.5% |
| GS Goldman Sachs Group Inc. | 0.27% | 3,632 | $3.7M | Reduce -5.9% |
| LMT Lockheed Martin Corp. | 0.26% | 6,931 | $3.5M | Reduce -0.4% |
| MUNI PIMCO Intermediate Municipal | 0.26% | 66,797 | $3.5M | Add +21.8% |
| COST Costco Wholesale Corp. | 0.25% | 3,744 | $3.5M | Add +0.1% |
| CAT Caterpillar Inc. | 0.25% | 3,211 | $3.4M | Reduce -38.2% |
| TFC Truist Financial Corp. | 0.24% | 67,007 | $3.3M | Reduce -3.3% |
| USB US Bancorp | 0.24% | 55,167 | $3.3M | Add +6.5% |
| ANET Arista Networks Inc. | 0.24% | 19,418 | $3.3M | Add +0.9% |
| IJH iShares Core S&P Midcap ETF | 0.24% | 42,319 | $3.3M | Add +3.4% |
| RPG Invesco S&P 500 Pure Growth | 0.24% | 50,646 | $3.2M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.23% | 14,645 | $3.2M | Add +0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.22% | 6,447 | $3.1M | Reduce -6.4% |
| UPS United Parcel Service Class B | 0.22% | 28,260 | $3.0M | Reduce -1.0% |
| WMT Walmart Inc. | 0.21% | 25,097 | $2.8M | Reduce -0.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $272K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 23,750 | $272K | Add +12.3% |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q1 2026 → Q2 2026
| GCOR Goldman Sachs Access US Agg | Sold out | 0.00% | −1.24 |
| FUMB First Trust Ultra Short Dur | Reduce -97.8% | 0.02% | −0.83 |
| VCIT Vanguard Int-Term Corporate | Reduce -50.0% | 0.43% | −0.53 |
| GLD SPDR Gold Shares | Reduce -0.7% | 1.14% | −0.35 |
| QDIV Global X S&P 500 QLTY Div | Reduce -79.2% | 0.08% | −0.35 |
| CRS Carpenter Technology | Sold out | 0.00% | −0.27 |
| KJUL Innovator U.S. Small Cap Pow | Reduce -60.6% | 0.12% | −0.21 |
| XOM Exxon Mobil Corp. | Reduce -5.9% | 0.42% | −0.19 |
| T AT&T Inc. | Reduce -7.3% | 0.28% | −0.19 |
| CVX Chevron Corp. | Reduce -2.6% | 0.42% | −0.18 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -0.8% | 1.29% | −0.15 |
| VZ Verizon Communications Inc. | Reduce -5.0% | 0.35% | −0.13 |
| RTX RTX Corp. | Reduce -6.3% | 0.66% | −0.13 |
| JNJ Johnson & Johnson | Reduce -3.5% | 1.12% | −0.12 |
| KMI Kinder Morgan Inc. | Reduce -5.6% | 0.51% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.1% | 0.90% | −0.10 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -49.6% | 0.08% | −0.09 |
| PFE Pfizer Inc. | Reduce -15.4% | 0.17% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -0.4% | 0.26% | −0.08 |
| LYB Lyondellbasell Indu Class A | Reduce -40.3% | 0.04% | −0.08 |
| UL Unilever PLC-Sponsored ADR | Reduce -15.8% | 0.31% | −0.08 |
| HON Honeywell International Inc. | Reduce -10.4% | 0.05% | −0.08 |
| EPD Enterprise Products Partners | Reduce -9.1% | 0.27% | −0.07 |
| NEM Newmont Corp. | Reduce -9.5% | 0.15% | −0.06 |
| FDX FedEx Corp. | Reduce -6.3% | 0.18% | −0.06 |
| AMGN Amgen Inc. | Reduce -3.5% | 0.49% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -9.8% | 0.19% | −0.06 |
| PSX Phillips 66 | Reduce -10.2% | 0.17% | −0.06 |
| OPEN Opendoor Technologies Inc. | Reduce -74.3% | 0.02% | −0.05 |
| B Barrick Mining Corp. | Reduce -15.7% | 0.11% | −0.05 |
| COR Cencora Inc. | Reduce -26.1% | 0.07% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -16.9% | 0.07% | −0.05 |
| CAT Caterpillar Inc. | Reduce -38.2% | 0.25% | −0.05 |
| WMT Walmart Inc. | Reduce -0.7% | 0.21% | −0.05 |
| IP International Paper Co. | Reduce -39.8% | 0.06% | −0.05 |
| MCD McDonald's Corp. | Reduce -3.5% | 0.14% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -2.1% | 0.70% | −0.04 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -3.4% | 0.55% | −0.04 |
| DOW Dow Inc. | Reduce -37.3% | 0.02% | −0.04 |
| PFF iShares Preferred & Income S | Reduce -1.2% | 0.30% | −0.04 |
| BX Blackstone Inc. | Reduce -14.4% | 0.13% | −0.03 |
| ORLA Orla Mining Ltd. | Reduce -40.5% | 0.02% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -16.0% | 0.11% | −0.03 |
| COP Conocophillips | Reduce -9.3% | 0.06% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -8.0% | 0.15% | −0.03 |
| GIS General Mills Inc. | Reduce -25.1% | 0.05% | −0.03 |
| GOOD Gladstone Commercial Corp. | Reduce -14.9% | 0.15% | −0.03 |
| NAD Nuveen Quality Municipal Inc. | Reduce -20.3% | 0.09% | −0.03 |
| SO The Southern Co. | Reduce -14.4% | 0.09% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| FSMB First Trust Short Dur Manag | New | 0.76% | +0.76 |
| PCPI PIMCO Inf Plus Active ETF | New | 0.69% | +0.69 |
| VGT Vanguard Info Tech ETF | Add +0.6% | 2.55% | +0.50 |
| DJIA Global X Dow 30 Cov Call ETF | Add +352.0% | 0.44% | +0.34 |
| SCHG Schwab US Large-Cap Growth | Add +3.2% | 4.14% | +0.31 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +250.0% | 0.38% | +0.27 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +419.9% | 0.32% | +0.25 |
| NVDA Nvidia Corp. | Add +10.8% | 1.08% | +0.14 |
| MU Micron Technology Inc. | Add +14.5% | 0.19% | +0.14 |
| IVV iShares Core S&P 500 ETF | Add +3.0% | 2.04% | +0.12 |
| SCHV Schwab US Large-Cap Value | Add +0.8% | 3.18% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 0.95% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.6% | 0.63% | +0.09 |
| XLK SS Technology Select Sector | Add +15.5% | 0.27% | +0.09 |
| AAPL Apple Inc. | Add +0.7% | 2.44% | +0.08 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +16.6% | 0.50% | +0.08 |
| VONG Vanguard Russell 1000 Growth | Add +19.1% | 0.40% | +0.08 |
| BSV Vanguard Short-Term Bond ETF | Add +16.8% | 1.80% | +0.08 |
| VTI VG Morningstar TS MKT ETF-US | Add +23.5% | 0.34% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +9.2% | 0.80% | +0.08 |
| LRGF iShares US Equity Factor ETF | Add +160.7% | 0.12% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +18.3% | 0.12% | +0.07 |
| STT State Street Corp. | New | 0.07% | +0.07 |
| VTWO Vanguard Russell 2000 ETF | Add +9.8% | 0.30% | +0.05 |
| LLY Eli Lilly & Co. | Add +20.7% | 0.17% | +0.05 |
| ANET Arista Networks Inc. | Add +0.9% | 0.24% | +0.05 |
| LRCX Lam Research Corp. | Add +7.3% | 0.10% | +0.05 |
| TTMI TTM Technologies | Add +25.4% | 0.08% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +5.0% | 0.48% | +0.04 |
| PTLC Pacer Trendpilot US Large Ca | New | 0.04% | +0.04 |
| GSLC Goldman Activebeta US LC ETF | Add +1.7% | 1.08% | +0.04 |
| NVT Nvent Electric PLC | Add +56.5% | 0.08% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +99.1% | 0.08% | +0.04 |
| IWD iShares Russell 1000 Value E | Add +1.9% | 0.89% | +0.04 |
| BE Bloom Energy Corp. Class A | New | 0.04% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.03% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | Add +1.0% | 0.89% | +0.03 |
| VONV Vanguard Russell 1000 Value | Add +7.7% | 0.37% | +0.03 |
| APH Amphenol Corp. Class A | Add +4.3% | 0.14% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.2% | 0.46% | +0.03 |
| GLW Corning Inc. | Add +63.2% | 0.05% | +0.03 |
| HUT Hut 8 Corp. | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
| IWN iShares Russell 2000 Value E | Add +1.1% | 0.52% | +0.03 |
| IWC iShares Micro-Cap ETF | Add +103.9% | 0.05% | +0.03 |
| VGSH Vanguard Short-Term Treasury | New | 0.03% | +0.03 |
| FDVV Fidelity High Dividend ETF | Add +40.7% | 0.11% | +0.03 |
| SIMO Silicon Motion Technol-ADR | New | 0.03% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 0.46% | +0.03 |
| LII Lennox International Inc. | New | 0.03% | +0.03 |
Notes & Other Activity Q1 2026 → Q2 2026
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | Add +12.3% | 23,750 | $272K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 446 | $1.4B | SCHG, DGRO, SCHV, VGT, IWF |
| Q1 2026 | 420 | $1.2B | SCHG, DGRO, SCHV, IWF, IWB |
| Q4 2025 | 441 | $1.2B | SCHG, IWF, DGRO, SCHV, AAPL |
| Q3 2025 | 391 | $1.2B | SCHG, IWF, SCHV, DGRO, MSFT |
| Q2 2025 | 374 | $1.2B | SCHG, IWF, SCHV, DGRO, MSFT |
| Q1 2025 | 357 | $1.1B | SCHG, SCHV, DGRO, AAPL, IWF |
| Q4 2024 | 356 | $1.1B | SCHG, AAPL, IWF, SCHV, DGRO |
| Q3 2024 | 348 | $1.1B | SCHG, SCHV, IWF, AAPL, DGRO |
| Q2 2024 | 337 | $993.7M | SCHG, IWF, MSFT, AAPL, SCHV |
| Q1 2024 | 340 | $976.5M | SCHG, SCHV, MSFT, IWF, DGRO |