XML Financial, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), XML Financial, LLC reported 356 stock positions worth $1.1 billion. Its top holding was Schwab US Large-Cap Growth (SCHG) at 4.0% of the portfolio, followed by Apple (AAPL, 3.0%) and iShares Russell 1000 Growth (IWF, 3.0%). Compared with Q3 2024, it opened 23 new positions, sold out of 15, added to 158 and reduced 141. The biggest buy was a new position in Sta STR SP S&P Nor An Res-Ui (NANR) and the biggest sale Prospect Capital (PSEC, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001800465
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001725547-25-000138 ↗ filed Jan 17, 2025
Holdings Value
Holdings 356 stocks · $1.1B
| SCHG Schwab US Large-Cap Growth | 3.96% | 1,548,615 | $43.2M | Add +2.6% |
| AAPL Apple Inc. | 3.01% | 131,191 | $32.9M | Add +1.0% |
| IWF iShares Russell 1000 Growth | 3.00% | 81,427 | $32.7M | Add +0.4% |
| SCHV Schwab US Large-Cap Value | 2.86% | 1,197,455 | $31.2M | Add +3.9% |
| DGRO iShares Core Dividend Growth | 2.83% | 503,935 | $30.9M | Add +7.0% |
| IWB iShares Russell 1000 ETF | 2.64% | 89,377 | $28.8M | Add +7.6% |
| MSFT Microsoft Corp. | 2.36% | 60,929 | $25.7M | Add +2.1% |
| IWR iShares Russell Mid-Cap ETF | 2.22% | 273,912 | $24.2M | Reduce -1.9% |
| VGT Vanguard Info Tech ETF | 1.96% | 34,380 | $21.4M | Add +5.2% |
| PTY PIMCO Corporate & Income Opp | 1.92% | 1,455,963 | $20.9M | Add +3.8% |
| BND Vanguard Total Bond Market | 1.83% | 277,655 | $20.0M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 1.68% | 31,038 | $18.3M | Add +7.1% |
| IJR iShares Core S&P Small-Cap E | 1.63% | 154,634 | $17.8M | Add +9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.61% | 38,643 | $17.5M | Add +3.4% |
| CWB SS SPDR BB Conv Sec ETF | 1.50% | 210,085 | $16.4M | Reduce -0.1% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.45% | 166,118 | $15.8M | Add +2.7% |
| IWD iShares Russell 1000 Value E | 1.18% | 69,572 | $12.9M | Add +0.4% |
| IYF iShares US Financials ETF | 1.14% | 112,867 | $12.5M | Add +1.1% |
| GSLC Goldman Activebeta US LC ETF | 1.14% | 107,955 | $12.4M | Add +1.6% |
| QCOM Qualcomm Inc. | 1.09% | 77,129 | $11.8M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.08% | 53,619 | $11.8M | Add +1.3% |
| MUNI PIMCO Intermediate Municipal | 1.07% | 226,489 | $11.7M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 1.00% | 45,536 | $10.9M | Reduce -3.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.00% | 248,316 | $10.9M | Reduce -1.6% |
| SCHD Schwab US DVD Equity ETF | 0.96% | 382,968 | $10.5M | Add +5.0% |
| GLD SPDR Gold Shares | 0.96% | 43,072 | $10.4M | Add +6.2% |
| JNJ Johnson & Johnson | 0.92% | 69,537 | $10.1M | Add +0.6% |
| IWP iShares Russell Mid-Cap Grow | 0.92% | 79,301 | $10.1M | Add +0.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.92% | 177,173 | $10.0M | Add +14.3% |
| CSCO Cisco Systems Inc. | 0.89% | 163,189 | $9.7M | Reduce -2.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.81% | 122,828 | $8.8M | Add +1.6% |
| IWM iShares Russell 2000 ETF | 0.79% | 39,140 | $8.6M | Add +1.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.77% | 167,775 | $8.4M | Add +7.1% |
| SPHD Invesco S&P 500 High Dividen | 0.77% | 173,939 | $8.4M | Add +0.2% |
| KMI Kinder Morgan Inc. | 0.76% | 303,452 | $8.3M | Reduce -1.5% |
| IWO iShares Russell 2000 Growth | 0.75% | 28,232 | $8.1M | Add +39.2% |
| NVDA Nvidia Corp. | 0.73% | 59,405 | $8.0M | Add +1.6% |
| UCON First Trust Smith Unconstrai | 0.71% | 316,235 | $7.8M | Add +5.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.71% | 29,210 | $7.7M | Add +6.5% |
| VYM Vanguard High DVD Yield ETF | 0.70% | 59,685 | $7.6M | Reduce -4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.69% | 34,053 | $7.5M | Reduce -1.1% |
| UL Unilever PLC | 0.68% | 130,825 | $7.4M | Reduce -4.8% |
| RTX RTX Corp. | 0.63% | 59,275 | $6.9M | Reduce -0.6% |
| NANR Sta STR SP S&P Nor An Res-Ui | 0.62% | 132,820 | $6.8M | New |
| MRK Merck & Co. Inc. | 0.62% | 68,080 | $6.8M | Add +8.8% |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.61% | 135,228 | $6.6M | Add +799.5% |
| GOOD Gladstone Commercial Corp. | 0.61% | 406,785 | $6.6M | Reduce -0.2% |
| VZ Verizon Communications Inc. | 0.61% | 165,142 | $6.6M | Reduce -0.7% |
| CVX Chevron Corp. | 0.60% | 45,436 | $6.6M | Add +0.6% |
| SPTI SS SPDR P Int Term TSY ETF | 0.59% | 232,336 | $6.5M | Add +1.6% |
| AMGN Amgen Inc. | 0.53% | 22,167 | $5.8M | Reduce -1.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.52% | 166,157 | $5.7M | Add +2.0% |
| DJIA Global X Dow 30 Cov Call ETF | 0.50% | 244,927 | $5.5M | Reduce -3.1% |
| IWS iShares Russell Mid-Cap Valu | 0.50% | 41,837 | $5.4M | Reduce -0.1% |
| EMR Emerson Electric Co. | 0.49% | 43,545 | $5.4M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.49% | 28,148 | $5.3M | Add +10.0% |
| IWN iShares Russell 2000 Value E | 0.49% | 32,243 | $5.3M | Add +1.4% |
| UPS United Parcel Service Class B | 0.48% | 41,434 | $5.2M | Reduce -3.6% |
| XOM Exxon Mobil Corp. | 0.48% | 48,284 | $5.2M | Add +1.2% |
| T AT&T Inc. | 0.47% | 223,080 | $5.1M | Reduce -0.2% |
| RWO State Street SPDR Dow Jones | 0.46% | 116,980 | $5.0M | Reduce -7.6% |
| QYLD Global X Nasd 100 Cov Call | 0.46% | 274,610 | $5.0M | Reduce -0.8% |
| IVW iShares S&P 500 Growth ETF | 0.45% | 48,268 | $4.9M | Reduce -9.0% |
| PFF iShares Preferred & Income S | 0.43% | 148,865 | $4.7M | Add +10.2% |
| VCIT Vanguard Int-Term Corporate | 0.42% | 56,473 | $4.5M | Reduce -1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.41% | 8,787 | $4.5M | Add +7.4% |
| LMT Lockheed Martin Corp. | 0.39% | 8,793 | $4.3M | Reduce -1.0% |
| IGLD FT Vest Gold Strategy Target | 0.39% | 226,258 | $4.3M | Reduce -2.0% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.39% | 97,046 | $4.3M | New |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.39% | 82,981 | $4.3M | Reduce -2.7% |
| BMY Bristol-Myers Squibb Co. | 0.39% | 75,068 | $4.2M | Add +0.8% |
| TFC Truist Financial Corp. | 0.39% | 97,477 | $4.2M | Reduce -1.9% |
| PFE Pfizer Inc. | 0.38% | 157,451 | $4.2M | Reduce -13.5% |
| AGG iShares Core U.S. Aggregate | 0.38% | 42,849 | $4.2M | Add +8.1% |
| PSEC Prospect Capital Corp. | 0.37% | 946,006 | $4.1M | Reduce -53.7% |
| GOOG Alphabet Inc. Class C | 0.36% | 20,665 | $3.9M | Add +7.4% |
| COST Costco Wholesale Corp. | 0.36% | 4,235 | $3.9M | Add +6.3% |
| DOW Dow Inc. | 0.33% | 90,524 | $3.6M | Reduce -4.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.33% | 21,253 | $3.6M | Add +3.8% |
| EPD Enterprise Products Partners | 0.33% | 113,132 | $3.5M | Add +6.3% |
| EFA iShares MSCI Eafe ETF | 0.32% | 46,766 | $3.5M | Add +12.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 5,807 | $3.4M | Add +15.7% |
| CMI Cummins Inc. | 0.31% | 9,713 | $3.4M | Reduce -6.3% |
| MOAT Vaneck Morningstar Wide Moat | 0.31% | 36,170 | $3.4M | Add +18.5% |
| USB US Bancorp | 0.30% | 67,997 | $3.3M | Add +2.5% |
| IP International Paper Co. | 0.29% | 58,569 | $3.2M | Reduce -3.4% |
| VOO Vanguard S&P 500 ETF | 0.29% | 5,818 | $3.1M | Add +87.3% |
| CVS CVS Health Corp. | 0.28% | 67,429 | $3.0M | Reduce -16.0% |
| OHI Omega Healthcare Investors | 0.26% | 75,836 | $2.9M | Reduce -1.9% |
| FDX FedEx Corp. | 0.26% | 10,179 | $2.9M | Reduce -3.4% |
| HD Home Depot Inc. | 0.26% | 7,282 | $2.8M | Add +1.1% |
| GS Goldman Sachs Group Inc. | 0.26% | 4,939 | $2.8M | Reduce -1.9% |
| PRU Prudential Financial Inc. | 0.24% | 22,536 | $2.7M | Reduce -4.8% |
| PSA Public Storage | 0.24% | 8,697 | $2.6M | Add +2.9% |
| BX Blackstone Inc. | 0.24% | 15,101 | $2.6M | Reduce -1.4% |
| D Dominion Energy Inc. | 0.24% | 47,761 | $2.6M | Reduce -8.9% |
| ORCL Oracle Corp. | 0.24% | 15,394 | $2.6M | Reduce -10.7% |
| ABBV Abbvie Inc. | 0.23% | 14,198 | $2.5M | Add +0.0% |
| WMT Walmart Inc. | 0.22% | 26,568 | $2.4M | Add +8.4% |
| TPYP Managed Portfolio Series | 0.22% | 69,351 | $2.4M | Reduce -4.8% |
Options reported separately and not counted above: QQQ puts ($1.0M), SPY puts ($996K).
Portfolio Sells Q3 2024 → Q4 2024
| PSEC Prospect Capital Corp. | Reduce -53.7% | 0.37% | −0.64 |
| RLY SS Multi-Asset Real Ret ETF | Reduce -96.7% | 0.02% | −0.64 |
| ICOW Pacer Developed Markets Inte | Sold out | 0.00% | −0.44 |
| CVS CVS Health Corp. | Reduce -16.0% | 0.28% | −0.19 |
| UL Unilever PLC | Reduce -4.8% | 0.68% | −0.15 |
| DOW Dow Inc. | Reduce -4.5% | 0.33% | −0.15 |
| MMD Nylim Mackay Definedterm Mun | Reduce -64.5% | 0.07% | −0.14 |
| AMGN Amgen Inc. | Reduce -1.6% | 0.53% | −0.14 |
| PFE Pfizer Inc. | Reduce -13.5% | 0.38% | −0.11 |
| RWO State Street SPDR Dow Jones | Reduce -7.6% | 0.46% | −0.10 |
| LMT Lockheed Martin Corp. | Reduce -1.0% | 0.39% | −0.09 |
| NEM Newmont Corp. | Reduce -15.5% | 0.12% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -0.7% | 0.61% | −0.09 |
| IGLD FT Vest Gold Strategy Target | Reduce -2.0% | 0.39% | −0.07 |
| NSA National Storage Affiliates | Reduce -5.1% | 0.19% | −0.07 |
| MAR Marriott International Class A | Reduce -42.9% | 0.12% | −0.07 |
| UPS United Parcel Service Class B | Reduce -3.6% | 0.48% | −0.06 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.9% | 2.22% | −0.06 |
| OXY Occidental Petroleum Corp. | Reduce -46.8% | 0.05% | −0.05 |
| AMAT Applied Materials Inc. | Reduce -1.3% | 0.19% | −0.05 |
| GD General Dynamics Corp. | Reduce -9.7% | 0.18% | −0.05 |
| CE Celanese Corp. | Sold out | 0.00% | −0.05 |
| AMD Advanced Micro Devices | Reduce -0.5% | 0.12% | −0.05 |
| D Dominion Energy Inc. | Reduce -8.9% | 0.24% | −0.05 |
| INTC Intel Corp. | Reduce -10.2% | 0.14% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -4.2% | 0.70% | −0.04 |
| MUNI PIMCO Intermediate Municipal | Reduce -0.3% | 1.07% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -48.3% | 0.04% | −0.04 |
| FLG Flagstar Bank NA | Reduce -78.7% | 0.01% | −0.04 |
| RTX RTX Corp. | Reduce -0.6% | 0.63% | −0.04 |
| BEPC Brookfield Renewable Corp. | Reduce -8.8% | 0.13% | −0.04 |
| RPG Invesco S&P 500 Pure Growth | Reduce -21.2% | 0.18% | −0.04 |
| REGN Regeneron Pharmaceuticals | Reduce -5.7% | 0.07% | −0.04 |
| ORCL Oracle Corp. | Reduce -10.7% | 0.24% | −0.04 |
| DJIA Global X Dow 30 Cov Call ETF | Reduce -3.1% | 0.50% | −0.04 |
| PSX Phillips 66 | Reduce -1.9% | 0.18% | −0.03 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.03 |
| GIS General Mills Inc. | Reduce -1.1% | 0.17% | −0.03 |
| LVHD Franklin U.S. Low Volatility | Reduce -9.4% | 0.16% | −0.03 |
| FMB First Trust Managed Municipa | Reduce -10.4% | 0.19% | −0.03 |
| OHI Omega Healthcare Investors | Reduce -1.9% | 0.26% | −0.03 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.1% | 0.42% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.6% | 0.20% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Reduce -34.0% | 0.05% | −0.03 |
| BCE Bce Inc. | Reduce -23.3% | 0.03% | −0.03 |
| DHR Danaher Corp. | Reduce -0.0% | 0.10% | −0.02 |
| ILCG iShares Morningstar Growth E | Reduce -20.6% | 0.12% | −0.02 |
| B Barrick Gold Corp. | Reduce -0.7% | 0.07% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -9.0% | 0.45% | −0.02 |
| GSK GSK PLC-Spon ADR | Reduce -5.6% | 0.07% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| NANR Sta STR SP S&P Nor An Res-Ui | New | 0.62% | +0.62 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | Add +799.5% | 0.61% | +0.54 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.39% | +0.39 |
| SCHG Schwab US Large-Cap Growth | Add +2.6% | 3.96% | +0.31 |
| IWB iShares Russell 1000 ETF | Add +7.6% | 2.64% | +0.22 |
| IWO iShares Russell 2000 Growth | Add +39.2% | 0.75% | +0.21 |
| AAPL Apple Inc. | Add +1.0% | 3.01% | +0.21 |
| VGT Vanguard Info Tech ETF | Add +5.2% | 1.96% | +0.18 |
| IWF iShares Russell 1000 Growth | Add +0.4% | 3.00% | +0.17 |
| AMZN Amazon.com Inc. | Add +1.3% | 1.08% | +0.16 |
| VOO Vanguard S&P 500 ETF | Add +87.3% | 0.29% | +0.14 |
| IVV iShares Core S&P 500 ETF | Add +7.1% | 1.68% | +0.12 |
| CRS Carpenter Technology | Add +215.3% | 0.15% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +9.6% | 1.63% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +10.0% | 0.49% | +0.09 |
| DGRO iShares Core Dividend Growth | Add +7.0% | 2.83% | +0.09 |
| COWZ Pacer US Cash Cows 100 ETF | Add +14.3% | 0.92% | +0.09 |
| NVDA Nvidia Corp. | Add +1.6% | 0.73% | +0.07 |
| IYF iShares US Financials ETF | Add +1.1% | 1.14% | +0.07 |
| IWP iShares Russell Mid-Cap Grow | Add +0.6% | 0.92% | +0.06 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +105.3% | 0.13% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +7.4% | 0.36% | +0.06 |
| MO Altria Group Inc. | Add +40.5% | 0.18% | +0.05 |
| PTY PIMCO Corporate & Income Opp | Add +3.8% | 1.92% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +15.7% | 0.31% | +0.04 |
| WPM Wheaton Precious Metals Corp. | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.4% | 0.41% | +0.04 |
| GLD SPDR Gold Shares | Add +6.2% | 0.96% | +0.04 |
| MSTR Strategy Inc. | New | 0.04% | +0.04 |
| LII Lennox International Inc. | New | 0.04% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +23.1% | 0.21% | +0.04 |
| COP Conocophillips | Add +72.5% | 0.10% | +0.04 |
| EPD Enterprise Products Partners | Add +6.3% | 0.33% | +0.04 |
| WMT Walmart Inc. | Add +8.4% | 0.22% | +0.04 |
| SGOL Abrdn Physical Gold Shares | New | 0.04% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +6.5% | 0.71% | +0.04 |
| MOAT Vaneck Morningstar Wide Moat | Add +18.5% | 0.31% | +0.03 |
| MCK McKesson Corp. | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.8% | 0.39% | +0.03 |
| INCM Franklin Income Focus ETF | New | 0.03% | +0.03 |
| MS Morgan Stanley | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +5.1% | 0.18% | +0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +7.1% | 0.77% | +0.03 |
| COST Costco Wholesale Corp. | Add +6.3% | 0.36% | +0.03 |
| DIS The Walt Disney Co. | Add +7.4% | 0.15% | +0.03 |
| ET Energy Transfer LP | Add +22.3% | 0.08% | +0.03 |
| GSLC Goldman Activebeta US LC ETF | Add +1.6% | 1.14% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +7.6% | 0.05% | +0.03 |
| ANET Arista Networks Inc. | Add +7.7% | 0.14% | +0.03 |
| XLE SS Energy Select Sector | New | 0.03% | +0.03 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | New | 2,000 | $1.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 1,700 | $996K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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 |