XML Financial, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), XML Financial, LLC reported 420 stock positions worth $1.2 billion. Its top holding was Schwab US Large-Cap Growth (SCHG) at 3.8% of the portfolio, followed by iShares Core Dividend Growth (DGRO, 3.3%) and Schwab US Large-Cap Value (SCHV, 3.1%). Compared with Q4 2025, it opened 28 new positions, sold out of 49, added to 164 and reduced 185. The biggest buy was a new position in Goldman Sachs Access US Agg (GCOR) and the biggest sale PIMCO Multisector Bond Actv (PYLD, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001800465
- Portfolio Value
- $1.2B (Q1 2026)
- SEC Filing
- 0001725547-26-000139 ↗ filed Apr 16, 2026
Holdings Value
Holdings 420 stocks · $1.2B
| SCHG Schwab US Large-Cap Growth | 3.83% | 1,631,157 | $47.5M | Add +8.6% |
| DGRO iShares Core Dividend Growth | 3.26% | 576,049 | $40.4M | Add +13.5% |
| SCHV Schwab US Large-Cap Value | 3.06% | 1,244,250 | $37.9M | Add +7.2% |
| IWF iShares Russell 1000 Growth | 2.44% | 71,032 | $30.3M | Reduce -11.5% |
| IWB iShares Russell 1000 ETF | 2.38% | 82,562 | $29.4M | Reduce -1.2% |
| AAPL Apple Inc. | 2.36% | 115,126 | $29.2M | Reduce -0.2% |
| VGT Vanguard Info Tech ETF | 2.05% | 36,394 | $25.4M | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 1.92% | 36,340 | $23.7M | Add +3.6% |
| IWR iShares Russell Mid-Cap ETF | 1.86% | 237,554 | $23.1M | Reduce -2.8% |
| BSV Vanguard Short-Term Bond ETF | 1.72% | 271,551 | $21.3M | Add +8.2% |
| MSFT Microsoft Corp. | 1.68% | 56,098 | $20.8M | Add +1.6% |
| PTY PIMCO Corporate & Income Opp | 1.55% | 1,591,047 | $19.2M | Reduce -0.3% |
| GLD SPDR Gold Shares | 1.49% | 42,807 | $18.4M | Add +6.7% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.44% | 184,228 | $17.8M | Add +4.4% |
| CWB SS SPDR BB Conv Sec ETF | 1.38% | 186,523 | $17.1M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.31% | 33,835 | $16.2M | Reduce -2.5% |
| GCOR Goldman Sachs Access US Agg | 1.24% | 372,878 | $15.4M | New |
| JNJ Johnson & Johnson | 1.24% | 62,889 | $15.4M | Reduce -0.8% |
| IYF iShares US Financials ETF | 1.08% | 113,726 | $13.4M | Add +0.9% |
| GSLC Goldman Activebeta US LC ETF | 1.04% | 102,663 | $12.8M | Add +4.6% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 1.02% | 160,153 | $12.7M | Add +1.3% |
| COWZ Pacer US Cash Cows 100 ETF | 1.02% | 202,328 | $12.7M | Add +4.2% |
| SCHD Schwab US DVD Equity ETF | 1.00% | 403,228 | $12.4M | Reduce -4.7% |
| VCIT Vanguard Int-Term Corporate | 0.96% | 144,203 | $11.9M | Add +127.8% |
| NVDA Nvidia Corp. | 0.94% | 67,023 | $11.7M | Add +4.5% |
| JPM JPMorgan Chase & Co. | 0.94% | 39,671 | $11.7M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 0.90% | 53,757 | $11.2M | Reduce -1.7% |
| SPHD Invesco S&P 500 High Dividen | 0.90% | 224,691 | $11.1M | Add +12.3% |
| XRNPX Cohen & Steers REIT and Pref | 0.89% | 561,075 | $11.1M | Add +34.5% |
| IWM iShares Russell 2000 ETF | 0.86% | 43,140 | $10.7M | Add +2.8% |
| NANR Sta STR SP S&P Nor An Res-Ui | 0.86% | 126,838 | $10.7M | Add +2.2% |
| IWP iShares Russell Mid-Cap Grow | 0.85% | 82,563 | $10.6M | Add +2.5% |
| FUMB First Trust Ultra Short Dur | 0.85% | 526,024 | $10.5M | Add +10.4% |
| IWD iShares Russell 1000 Value E | 0.85% | 49,297 | $10.5M | Reduce -25.8% |
| IJR iShares Core S&P Small-Cap E | 0.85% | 84,337 | $10.5M | Reduce -32.1% |
| GOOGL Alphabet Inc. Class A | 0.84% | 36,035 | $10.4M | Add +6.4% |
| CSCO Cisco Systems Inc. | 0.80% | 127,797 | $9.9M | Reduce -1.7% |
| IWS iShares Russell Mid-Cap Valu | 0.80% | 67,792 | $9.9M | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.79% | 201,942 | $9.8M | Reduce -1.2% |
| RTX RTX Corp. | 0.79% | 50,854 | $9.8M | Reduce -1.4% |
| VYM Vanguard High DVD Yield ETF | 0.74% | 62,172 | $9.2M | Add +2.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.72% | 31,200 | $9.0M | Add +8.8% |
| UCON First Trust Smith Unconstrai | 0.71% | 352,834 | $8.7M | Add +12.6% |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.70% | 175,490 | $8.7M | Add +11.0% |
| IGLD FT Vest Gold Strategy Target | 0.64% | 308,983 | $7.9M | Add +8.7% |
| KMI Kinder Morgan Inc. | 0.63% | 233,351 | $7.8M | Reduce -2.4% |
| QCOM Qualcomm Inc. | 0.63% | 60,329 | $7.8M | Reduce -2.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.62% | 169,407 | $7.7M | Add +4.7% |
| XOM Exxon Mobil Corp. | 0.61% | 44,515 | $7.6M | Reduce -5.4% |
| CVX Chevron Corp. | 0.60% | 35,946 | $7.4M | Reduce -15.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.59% | 30,370 | $7.4M | Add +2.9% |
| MRK Merck & Co. Inc. | 0.59% | 61,160 | $7.4M | Reduce -2.9% |
| AMGN Amgen Inc. | 0.55% | 19,346 | $6.8M | Reduce -3.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.54% | 11,490 | $6.6M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 0.53% | 22,759 | $6.5M | Add +6.4% |
| IWO iShares Russell 2000 Growth | 0.52% | 20,488 | $6.4M | Reduce -1.1% |
| IWN iShares Russell 2000 Value E | 0.49% | 32,086 | $6.1M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.48% | 119,382 | $6.0M | Reduce -5.0% |
| T AT&T Inc. | 0.46% | 197,919 | $5.7M | Reduce -1.6% |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.44% | 103,184 | $5.5M | Add +10.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.44% | 20,751 | $5.4M | Add +1.4% |
| XYLD Global X S&P 500 Cove Call E | 0.44% | 138,224 | $5.4M | Add +14.9% |
| VOO Vanguard S&P 500 ETF | 0.43% | 8,980 | $5.4M | Reduce -1.0% |
| QDIV Global X S&P 500 QLTY Div | 0.43% | 143,726 | $5.3M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 8,061 | $5.2M | Add +6.5% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.42% | 231,780 | $5.2M | Add +21.1% |
| SUB iShares Short-Term National | 0.41% | 47,607 | $5.1M | Add +4.7% |
| IVW iShares S&P 500 Growth ETF | 0.41% | 44,680 | $5.1M | Add +22.6% |
| AMAT Applied Materials Inc. | 0.39% | 13,999 | $4.8M | Reduce -6.3% |
| UL Unilever PLC-Sponsored ADR | 0.38% | 83,670 | $4.8M | Reduce -6.6% |
| EMR Emerson Electric Co. | 0.38% | 35,568 | $4.7M | Reduce -12.3% |
| AVGO Broadcom Inc. | 0.36% | 14,494 | $4.5M | Add +5.7% |
| EPD Enterprise Products Partners | 0.34% | 112,381 | $4.3M | Add +3.2% |
| LMT Lockheed Martin Corp. | 0.34% | 6,960 | $4.2M | Reduce -1.9% |
| PFF iShares Preferred & Income S | 0.34% | 137,260 | $4.2M | Add +5.5% |
| VONV Vanguard Russell 1000 Value | 0.33% | 44,241 | $4.1M | New |
| KJUL Innovator U.S. Small Cap Pow | 0.33% | 128,193 | $4.1M | Reduce -3.8% |
| VONG Vanguard Russell 1000 Growth | 0.32% | 36,234 | $4.0M | New |
| EFA iShares MSCI Eafe ETF | 0.32% | 40,663 | $3.9M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 0.30% | 3,740 | $3.7M | Reduce -7.7% |
| CAT Caterpillar Inc. | 0.30% | 5,193 | $3.7M | Add +2.3% |
| CMI Cummins Inc. | 0.28% | 6,353 | $3.4M | Reduce -4.0% |
| CRS Carpenter Technology | 0.27% | 8,410 | $3.3M | Reduce -10.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 10,329 | $3.3M | Add +41.8% |
| PFE Pfizer Inc. | 0.27% | 117,475 | $3.3M | Reduce -8.1% |
| GS Goldman Sachs Group Inc. | 0.26% | 3,860 | $3.3M | Reduce -12.6% |
| CVS CVS Health Corp. | 0.26% | 45,290 | $3.3M | Reduce -4.0% |
| TFC Truist Financial Corp. | 0.26% | 69,282 | $3.2M | Reduce -6.7% |
| WMT Walmart Inc. | 0.25% | 25,274 | $3.1M | Reduce -0.4% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 51,481 | $3.1M | Reduce -3.8% |
| VTWO Vanguard Russell 2000 ETF | 0.25% | 30,810 | $3.1M | Add +1365.8% |
| LHX L3HARRIS Technologies Inc. | 0.25% | 8,870 | $3.1M | Reduce -0.9% |
| FDX FedEx Corp. | 0.24% | 8,266 | $2.9M | Reduce -7.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.23% | 14,631 | $2.9M | Reduce -2.2% |
| MUNI PIMCO Intermediate Municipal | 0.23% | 54,855 | $2.9M | Add +61.1% |
| UPS United Parcel Service Class B | 0.23% | 28,553 | $2.8M | Reduce -7.3% |
| PSX Phillips 66 | 0.23% | 15,400 | $2.8M | Reduce -5.4% |
| IJH iShares Core S&P Midcap ETF | 0.22% | 40,928 | $2.8M | Add +5.0% |
| USB US Bancorp | 0.22% | 51,816 | $2.7M | Reduce -0.7% |
| MOAT Vaneck Morningstar Wide Moat | 0.22% | 27,695 | $2.7M | Reduce -9.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $245K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 21,150 | $245K | New |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q4 2025 → Q1 2026
| PYLD PIMCO Multisector Bond Actv | Reduce -97.5% | 0.02% | −0.68 |
| IWF iShares Russell 1000 Growth | Reduce -11.5% | 2.44% | −0.66 |
| IJR iShares Core S&P Small-Cap E | Reduce -32.1% | 0.85% | −0.37 |
| AGG iShares Core U.S. Aggregate | Reduce -62.2% | 0.19% | −0.33 |
| IWD iShares Russell 1000 Value E | Reduce -25.8% | 0.85% | −0.29 |
| QCOM Qualcomm Inc. | Reduce -2.4% | 0.63% | −0.24 |
| AAPL Apple Inc. | Reduce -0.2% | 2.36% | −0.20 |
| IWB iShares Russell 1000 ETF | Reduce -1.2% | 2.38% | −0.17 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.17 |
| JPM JPMorgan Chase & Co. | Reduce -3.1% | 0.94% | −0.14 |
| PTY PIMCO Corporate & Income Opp | Reduce -0.3% | 1.55% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -1.7% | 0.90% | −0.13 |
| BAC Bank of America Corp. | Reduce -1.2% | 0.79% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 1.31% | −0.11 |
| UL Unilever PLC-Sponsored ADR | Reduce -6.6% | 0.38% | −0.09 |
| EMR Emerson Electric Co. | Reduce -12.3% | 0.38% | −0.06 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.06 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.8% | 1.86% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -12.6% | 0.26% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.9% | 0.54% | −0.05 |
| ABT Abbott Laboratories | Reduce -9.5% | 0.14% | −0.05 |
| GUNR NT Mstar GLBL NR ETF | Sold out | 0.00% | −0.05 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.05 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.05 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -9.8% | 0.22% | −0.04 |
| CVS CVS Health Corp. | Reduce -4.0% | 0.26% | −0.04 |
| TFC Truist Financial Corp. | Reduce -6.7% | 0.26% | −0.04 |
| IP International Paper Co. | Reduce -19.0% | 0.11% | −0.04 |
| RIOT Riot Platforms Inc. | Sold out | 0.00% | −0.04 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.04 |
| DIS The Walt Disney Co. | Reduce -12.1% | 0.11% | −0.04 |
| PRU Prudential Financial Inc. | Reduce -4.8% | 0.16% | −0.04 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.03 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.03 |
| PSA Public Storage | Reduce -26.6% | 0.10% | −0.03 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -1.0% | 0.43% | −0.03 |
| GOOD Gladstone Commercial Corp. | Reduce -19.7% | 0.18% | −0.03 |
| COF Capital One Financial Corp. | Reduce -22.1% | 0.04% | −0.03 |
| CRM Salesforce Inc. | Reduce -6.6% | 0.06% | −0.03 |
| MDT Medtronic PLC | Reduce -11.6% | 0.11% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -4.4% | 0.12% | −0.03 |
| ACN Accenture PLC Class A | Reduce -22.8% | 0.04% | −0.03 |
| LII Lennox International Inc. | Sold out | 0.00% | −0.03 |
| IWO iShares Russell 2000 Growth | Reduce -1.1% | 0.52% | −0.03 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Sold out | 0.00% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -14.6% | 0.04% | −0.03 |
| STT State Street Corp. | Sold out | 0.00% | −0.03 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| GCOR Goldman Sachs Access US Agg | New | 1.24% | +1.24 |
| VCIT Vanguard Int-Term Corporate | Add +127.8% | 0.96% | +0.53 |
| DGRO iShares Core Dividend Growth | Add +13.5% | 3.26% | +0.39 |
| VONV Vanguard Russell 1000 Value | New | 0.33% | +0.33 |
| VONG Vanguard Russell 1000 Growth | New | 0.32% | +0.32 |
| SCHV Schwab US Large-Cap Value | Add +7.2% | 3.06% | +0.26 |
| VTWO Vanguard Russell 2000 ETF | Add +1365.8% | 0.25% | +0.23 |
| XRNPX Cohen & Steers REIT and Pref | Add +34.5% | 0.89% | +0.22 |
| GLD SPDR Gold Shares | Add +6.7% | 1.49% | +0.19 |
| NANR Sta STR SP S&P Nor An Res-Ui | Add +2.2% | 0.86% | +0.17 |
| SPHD Invesco S&P 500 High Dividen | Add +12.3% | 0.90% | +0.12 |
| BSV Vanguard Short-Term Bond ETF | Add +8.2% | 1.72% | +0.10 |
| MUNI PIMCO Intermediate Municipal | Add +61.1% | 0.23% | +0.09 |
| TRU Transunion | New | 0.08% | +0.08 |
| FDVV Fidelity High Dividend ETF | New | 0.08% | +0.08 |
| FUMB First Trust Ultra Short Dur | Add +10.4% | 0.85% | +0.07 |
| ILS Brookmont Catastrophic Bond | New | 0.07% | +0.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +41.8% | 0.27% | +0.07 |
| COWZ Pacer US Cash Cows 100 ETF | Add +4.2% | 1.02% | +0.07 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +21.1% | 0.42% | +0.06 |
| UCON First Trust Smith Unconstrai | Add +12.6% | 0.71% | +0.06 |
| DGRS Wisdomtree U.S. Smallcap Qua | Add +10.2% | 0.44% | +0.06 |
| CAT Caterpillar Inc. | Add +2.3% | 0.30% | +0.06 |
| EPD Enterprise Products Partners | Add +3.2% | 0.34% | +0.06 |
| IGLD FT Vest Gold Strategy Target | Add +8.7% | 0.64% | +0.06 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +274.9% | 0.07% | +0.05 |
| DJIA Global X Dow 30 Cov Call ETF | Add +100.7% | 0.10% | +0.05 |
| AMRZ Amrize Ltd. | New | 0.04% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.8% | 0.72% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +47.8% | 0.13% | +0.04 |
| IVW iShares S&P 500 Growth ETF | Add +22.6% | 0.41% | +0.04 |
| XYLD Global X S&P 500 Cove Call E | Add +14.9% | 0.44% | +0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +4.7% | 0.62% | +0.04 |
| VYM Vanguard High DVD Yield ETF | Add +2.9% | 0.74% | +0.04 |
| RLY SS Multi-Asset Real Ret ETF | Add +30.1% | 0.11% | +0.03 |
| AGX Argan Inc. | Add +71.1% | 0.05% | +0.03 |
| FIX Comfort Systems USA Inc. | New | 0.03% | +0.03 |
| BND Vanguard Total Bond Market | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +9.1% | 0.19% | +0.03 |
| DELL Dell Technologies -C | Add +21.9% | 0.08% | +0.03 |
| CORP PIMCO Inv Grade Corp. BD ETF | Add +4.4% | 1.44% | +0.03 |
| CIEN Ciena Corp. | New | 0.03% | +0.03 |
| WDC Western Digital Corp. | New | 0.03% | +0.03 |
| TRGP Targa Resources Corp. | Add +77.1% | 0.04% | +0.02 |
| VXUS Vanguard Total Intl Stock | New | 0.02% | +0.02 |
| IWC iShares Micro-Cap ETF | New | 0.02% | +0.02 |
| AGI Alamos Gold Inc. Class A | New | 0.02% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +21.1% | 0.13% | +0.02 |
| FDL First Trust Morn DVD Lead Inc. | Add +55.6% | 0.05% | +0.02 |
| WPM Wheaton Precious Metals Corp. | Add +10.9% | 0.13% | +0.02 |
Options Activity Q4 2025 → Q1 2026
| SLV iShares Silver Trust | call | Sold out | 5,000 | $322Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 21,150 | $245K |
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 |