— Know what they know.
Not Investment Advice
Private Equity ← All Institutions

Black Diamond Financial, LLC

305 W PENNSYLVANIA AVE, TOWSON, MD 21204-4413 • 8043344059

Q3 2025 · Filed 2025-11-05
Market Value
$892M
+38.5%
Holdings
168
+13
New Purchases
25
Added To
95
Closed
9
Reduced
20
Top 10 Concentration
52.1%
Turnover
20.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VUG 5.04% 3.32% +1.72% $45M
VTV 2.71% 1.74% +0.97% $24M
MGK 9.98% 9.13% +0.86% $89M
SPTM 0.72% 0.00% +0.72% $6M
RSP 0.80% 0.16% +0.65% $7M
DFUS 0.50% 0.00% +0.50% $4M
IMCV 1.71% 1.31% +0.40% $15M
VBR 1.61% 1.25% +0.36% $14M
ISCG 1.16% 0.83% +0.33% $10M
SDY 0.49% 0.17% +0.33% $4M
ISCV 0.34% 0.10% +0.24% $3M
SPDW 0.15% 0.00% +0.15% $1M
VBK 0.88% 0.73% +0.15% $8M
VOE 0.70% 0.55% +0.15% $6M
MA 0.23% 0.10% +0.13% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPTI 4.31% 4.91% -0.60% $38M
SCHX 2.38% 2.91% -0.54% $21M
AGG 4.43% 4.97% -0.54% $40M
MGV 11.74% 12.23% -0.49% $105M
QQQ 0.00% 0.44% -0.44% $0
IGIB 2.30% 2.62% -0.32% $20M
MGC 3.10% 3.42% -0.32% $28M
VCSH 0.69% 0.97% -0.28% $6M
FREL 2.12% 2.38% -0.26% $19M
SCHV 4.16% 4.42% -0.26% $37M
VEA 1.18% 1.43% -0.26% $10M
SCHM 0.92% 1.17% -0.25% $8M
SCHA 0.77% 1.01% -0.24% $7M
SCHO 1.57% 1.78% -0.22% $14M
CAPR 0.22% 0.43% -0.20% $2M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 91.5%
Consumer Cyclical 2.6%
Technology 2.2%
Healthcare 0.9%
Industrials 0.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 49 $162M 18.2%
Large Cap 97 $656M 73.5%
Mid Cap 10 $10M 1.1%
Small Cap 12 $64M 7.2%

Portfolio Analytics

Avg Market Cap
$331.6B
Median Market Cap
$71.3B
Avg P/E
43.8
Median P/E
28.7
Avg Dividend Yield
0.01%
Avg Beta
0.97
# Stocks
69
# ETFs / Funds
99

Top Holdings (168 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MGV 11.74% 760,063 $105M $137.74 $26M +160,003 +26.7%
2 MGK 9.98% 221,321 $89M $402.42 $30M +60,799 +37.9%
3 VUG 5.04% 93,816 $45M $479.61 $24M +45,031 +92.3%
4 AGG 4.43% 394,546 $40M $100.25 $8M +71,892 +22.3%
5 SPTI 4.31% 1,331,397 $38M $28.90 $7M +231,422 +21.0%
6 SCHV 4.16% 1,275,770 $37M $29.11 $9M +246,176 +23.9%
7 SCHG 4.01% 1,119,655 $36M $31.91 $10M +242,702 +27.7%
8 MGC 3.10% 113,237 $28M $244.09 $6M +15,373 +15.7%
9 VTV 2.71% 129,645 $24M $186.49 $13M +66,185 +104.3%
10 VOT 2.58% 78,310 $23M $293.79 $6M +18,578 +31.1%
11 SCHF 2.54% 973,830 $23M $23.28 $6M +227,544 +30.5%
12 SCHX 2.38% 804,622 $21M $26.34 $2M +36,712 +4.8%
13 IGIB 2.30% 378,902 $20M $54.09 $4M +62,117 +19.6%
14 FREL 2.12% 678,768 $19M $27.81 $4M +111,792 +19.7%
15 MUB 1.78% 149,154 $16M $106.49 $4M +32,706 +28.1%
16 IMCV 1.71% 189,922 $15M $80.35 $7M +79,153 +71.5%
17 IGSB 1.64% 276,643 $15M $53.03 $4M +67,178 +32.1%
18 VBR 1.61% 68,848 $14M $208.71 $6M +27,581 +66.8%
19 SCHO 1.57% 573,030 $14M $24.40 $2M +101,975 +21.6%
20 LIND 1.53% 1,068,362 $14M $12.80 $3M +127,950 +13.6%
21 VO 1.43% 43,535 $13M $293.74 $3M +9,701 +28.7%
22 VEA 1.18% 175,200 $10M $59.92 $1M +13,335 +8.2%
23 ISCG 1.16% 190,335 $10M $54.31 $5M +83,462 +78.1%
24 IEMG 1.08% 146,499 $10M $65.92 $3M +29,233 +24.9%
25 VB 1.04% 36,638 $9M $254.28 $1M +2,951 +8.8%
26 SCHM 0.92% 276,897 $8M $29.64 $675K +8,357 +3.1%
27 AAPL 0.90% 31,385 $8M $254.63 $2M +2,961 +10.4%
28 VBK 0.88% 26,327 $8M $297.62 $3M +9,374 +55.3%
29 VTI 0.81% 21,986 $7M $328.18 $1M +3,057 +16.1%
30 RSP 0.80% 37,836 $7M $189.70 $6M +32,331 +587.3%
31 SCHA 0.77% 246,878 $7M $27.90 $376K -10,512 -4.1%
32 SPTM 0.72% 79,564 $6M $80.65 +79,564 NEW
33 VOE 0.70% 35,890 $6M $174.58 $3M +14,226 +65.7%
34 VCSH 0.69% 77,166 $6M $79.93 -$75K -1,358 -1.7%
35 VV 0.68% 19,782 $6M $307.86 $446K +1 +0.0%
36 IVV 0.68% 9,048 $6M $669.30 $762K +522 +6.1%
37 VOO 0.59% 8,650 $5M $612.46 $374K -18 -0.2%
38 VEU 0.57% 71,580 $5M $71.37 $597K +4,469 +6.7%
39 DFUS 0.50% 61,226 $4M $72.44 +61,226 NEW
40 SDY 0.49% 31,325 $4M $140.05 $3M +23,472 +298.9%
41 VNQ 0.49% 47,565 $4M $91.42 $847K +8,250 +21.0%
42 IJR 0.47% 35,539 $4M $118.83 $2M +12,775 +56.1%
43 IMCG 0.47% 50,769 $4M $82.73 $2M +17,929 +54.6%
44 MSFT 0.45% 7,712 $4M $517.98 $1M +1,913 +33.0%
45 NVDA 0.42% 19,858 $4M $186.58 $804K +1,495 +8.1%
46 SPY 0.38% 5,144 $3M $666.18 $362K +183 +3.7%
47 ISCV 0.34% 45,590 $3M $66.64 $2M +35,016 +331.1%
48 VTEB 0.31% 55,836 $3M $50.07 $97K +799 +1.4%
49 BRK-B 0.31% 5,445 $3M $502.74 $406K +646 +13.5%
50 GOOG 0.29% 10,599 $3M $243.56 $904K +1,142 +12.1%
51 JPM 0.29% 8,177 $3M $315.42 $459K +865 +11.8%
52 AMZN 0.28% 11,252 $2M $219.57 $93K +414 +3.8%
53 LLY 0.26% 3,013 $2M $763.02 $23K +94 +3.2%
54 XLK 0.24% 7,587 $2M $281.86 $217K
55 SCHH 0.24% 97,310 $2M $21.57 $368K +15,526 +19.0%
56 MA 0.23% 3,649 $2M $568.81 $1M +2,467 +208.7%
57 CAPR 0.22% 277,737 $2M $7.21 -$755K
58 IEFA 0.20% 20,423 $2M $87.31 $86K +95 +0.5%
59 USMV 0.20% 18,716 $2M $95.14 -$44K -719 -3.7%
60 CEG 0.19% 5,172 $2M $329.08 $51K +55 +1.1%
61 GOOGL 0.19% 6,811 $2M $243.11 $755K +1,699 +33.2%
62 SRLN 0.18% 38,779 $2M $41.58 -$389
63 V 0.17% 4,500 $2M $341.38 $869K +2,621 +139.5%
64 VGT 0.17% 1,973 $1M $746.45 $165K +2 +0.1%
65 VIG 0.16% 6,435 $1M $215.83 $74K +11 +0.2%
66 META 0.16% 1,884 $1M $734.25 $415K +572 +43.6%
67 VYM 0.15% 9,693 $1M $140.94 -$12K -645 -6.2%
68 BAC 0.15% 26,095 $1M $51.59 $184K +1,537 +6.3%
69 SPDW 0.15% 31,341 $1M $42.79 +31,341 NEW
70 VWO 0.15% 24,005 $1M $54.18 $132K +374 +1.6%
71 GLD 0.14% 3,478 $1M $355.47 $1M +2,712 +354.1%
72 MCK 0.13% 1,526 $1M $772.29 $61K +1 +0.1%
73 IBM 0.09% 2,912 $821K $282.09 $14K +173 +6.3%
74 ESGV 0.09% 6,754 $800K $118.44 $576K +4,711 +230.6%
75 VTIP 0.08% 14,913 $755K $50.63 $5K -2 -0.0%
76 SHV 0.08% 6,740 $745K $110.49 -$4K -38 -0.6%
77 SYK 0.08% 1,968 $728K $369.67 $38K +224 +12.8%
78 HDV 0.08% 5,865 $718K $122.45 $31K
79 IAU 0.08% 9,644 $702K $72.77 $100K
80 XOM 0.08% 6,153 $694K $112.76 $26K -38 -0.6%
81 CVX 0.08% 4,456 $692K $155.29 $76K +154 +3.6%
82 EFAV 0.08% 8,090 $686K $84.83 $6K
83 PWR 0.08% 1,629 $675K $414.42 +1,629 NEW
84 SPEM 0.08% 14,363 $672K $46.81 +14,363 NEW
85 PEP 0.08% 4,778 $671K $140.43 $40K +1 +0.0%
86 CORT 0.07% 7,700 $640K $83.11 $75K
87 EXC 0.07% 14,152 $637K $45.01 $23K +3 +0.0%
88 WMT 0.07% 6,074 $626K $103.06 $166K +1,369 +29.1%
89 IBIT 0.07% 9,449 $614K $65.00 -$16K -843 -8.2%
90 PG 0.07% 3,928 $603K $153.63 $93K +725 +22.6%
91 COST 0.07% 651 $603K $926.24 $106K +149 +29.7%
92 IJH 0.07% 9,184 $599K $65.26 $151K +1,955 +27.0%
93 IWB 0.07% 1,618 $591K $365.48 +1,618 NEW
94 VOOG 0.06% 1,263 $550K $435.46 $49K
95 CSX 0.06% 15,147 $538K $35.51 $44K
96 JNJ 0.06% 2,806 $520K $185.45 $183K +594 +26.9%
97 SCHB 0.06% 19,752 $508K $25.71 $38K +47 +0.2%
98 LOW 0.06% 2,015 $506K $251.31 $104K +200 +11.0%
99 ABBV 0.06% 2,143 $496K $231.54 $119K +110 +5.4%
100 ORCL 0.05% 1,738 $489K $281.23 $240K +602 +53.0%

New Positions

SymbolValue% Port
SPTM $6M 0.72%
DFUS $4M 0.50%
SPDW $1M 0.15%
PWR $675K 0.08%
SPEM $672K 0.08%
IWB $591K 0.07%
XVV $477K 0.05%
AXP $360K 0.04%
PLTR $352K 0.04%
SPYG $342K 0.04%
ROST $276K 0.03%
VXUS $275K 0.03%
VCEB $272K 0.03%
SPYV $260K 0.03%
DFAC $238K 0.03%

Sold Out Positions

SymbolValue% Port
CTOS —%
RTX —%
SSB —%
ESGU —%
LCTU —%
QQQ —%
USXF —%
TIP —%
DSI —%
View SEC EDGAR Filings for Black Diamond Financial, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms