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Black Diamond Financial, LLC

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

Q4 2025 · Filed 2026-02-03
Market Value
$947M
+6.2%
Holdings
178
+10
New Purchases
19
Added To
75
Closed
5
Reduced
48
Top 10 Concentration
51.5%
Turnover
13.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHO 1.79% 1.57% +0.23% $17M
IMCV 1.94% 1.71% +0.22% $18M
SCHF 2.76% 2.54% +0.22% $26M
AAPL 1.01% 0.90% +0.12% $10M
GOOGL 0.30% 0.19% +0.11% $3M
SCHV 4.27% 4.16% +0.11% $40M
VOO 0.70% 0.59% +0.11% $7M
LIND 1.63% 1.53% +0.09% $15M
IWF 0.14% 0.05% +0.09% $1M
GOOG 0.38% 0.29% +0.09% $4M
VIG 0.24% 0.16% +0.09% $2M
SMH 0.08% 0.00% +0.08% $792K
VFH 0.13% 0.05% +0.08% $1M
VGT 0.24% 0.17% +0.08% $2M
MSFT 0.53% 0.45% +0.08% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MGK 9.60% 9.98% -0.38% $91M
VUG 4.74% 5.04% -0.31% $45M
MGV 11.58% 11.74% -0.16% $110M
RSP 0.68% 0.80% -0.13% $6M
VOT 2.46% 2.58% -0.12% $23M
VO 1.32% 1.43% -0.11% $13M
SCHX 2.27% 2.38% -0.11% $21M
MGC 3.00% 3.10% -0.10% $28M
MUB 1.69% 1.78% -0.09% $16M
SDY 0.42% 0.49% -0.07% $4M
SCHM 0.85% 0.92% -0.07% $8M
IMCG 0.40% 0.47% -0.07% $4M
VCSH 0.62% 0.69% -0.07% $6M
VTEB 0.25% 0.31% -0.07% $2M
LLY 0.19% 0.26% -0.06% $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 50 $173M 18.2%
Large Cap 105 $691M 73.0%
Mid Cap 11 $10M 1.1%
Small Cap 12 $73M 7.7%

Portfolio Analytics

Avg Market Cap
$323.2B
Median Market Cap
$73.7B
Avg P/E
43.5
Median P/E
28.3
Avg Dividend Yield
0.01%
Avg Beta
0.97
# Stocks
76
# ETFs / Funds
102

Top Holdings (178 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MGV 11.58% 776,946 $110M $141.16 $5M +16,883 +2.2%
2 MGK 9.60% 220,286 $91M $412.77 $2M -1,035 -0.5%
3 VUG 4.74% 91,970 $45M $487.86 -$127K -1,846 -2.0%
4 AGG 4.50% 426,781 $43M $99.88 $3M +32,235 +8.2%
5 SPTI 4.32% 1,418,376 $41M $28.84 $2M +86,979 +6.5%
6 SCHV 4.27% 1,366,132 $40M $29.61 $3M +90,362 +7.1%
7 SCHG 4.04% 1,171,510 $38M $32.62 $2M +51,855 +4.6%
8 MGC 3.00% 113,098 $28M $251.17 $767K -139 -0.1%
9 SCHF 2.76% 1,086,615 $26M $24.04 $3M +112,785 +11.6%
10 VTV 2.72% 134,771 $26M $190.99 $2M +5,126 +4.0%
11 VOT 2.46% 83,429 $23M $279.14 $282K +5,119 +6.5%
12 IGIB 2.27% 399,301 $22M $53.88 $1M +20,399 +5.4%
13 SCHX 2.27% 797,120 $21M $26.91 $257K -7,502 -0.9%
14 FREL 2.14% 752,837 $20M $26.89 $1M +74,069 +10.9%
15 IMCV 1.94% 222,628 $18M $82.34 $3M +32,706 +17.2%
16 SCHO 1.79% 697,251 $17M $24.37 $3M +124,221 +21.7%
17 IGSB 1.70% 304,420 $16M $52.88 $1M +27,777 +10.0%
18 MUB 1.69% 149,628 $16M $107.11 $143K +474 +0.3%
19 LIND 1.63% 1,068,362 $15M $14.42 $2M
20 VBR 1.62% 72,320 $15M $211.79 $947K +3,472 +5.0%
21 VO 1.32% 43,113 $13M $290.22 -$276K -422 -1.0%
22 ISCG 1.23% 209,843 $12M $55.46 $1M +19,508 +10.2%
23 VEA 1.19% 179,950 $11M $62.47 $743K +4,750 +2.7%
24 IEMG 1.12% 157,127 $11M $67.22 $905K +10,628 +7.2%
25 AAPL 1.01% 35,298 $10M $271.86 $2M +3,913 +12.5%
26 VB 0.99% 36,399 $9M $257.95 $73K -239 -0.7%
27 VBK 0.85% 26,677 $8M $302.10 $224K +350 +1.3%
28 SCHM 0.85% 266,934 $8M $30.07 -$181K -9,963 -3.6%
29 VTI 0.84% 23,779 $8M $335.26 $757K +1,793 +8.2%
30 SCHA 0.72% 238,297 $7M $28.48 -$101K -8,581 -3.5%
31 VOO 0.70% 10,584 $7M $627.10 $1M +1,934 +22.4%
32 VOE 0.69% 36,851 $7M $177.37 $271K +961 +2.7%
33 SPTM 0.68% 78,155 $6M $82.50 $31K -1,409 -1.8%
34 RSP 0.68% 33,444 $6M $191.56 -$771K -4,392 -11.6%
35 IVV 0.66% 9,094 $6M $684.95 $173K +46 +0.5%
36 VV 0.64% 19,145 $6M $314.80 -$63K -637 -3.2%
37 VCSH 0.62% 73,794 $6M $79.73 -$284K -3,372 -4.4%
38 VEU 0.56% 71,497 $5M $73.56 $151K -83 -0.1%
39 MSFT 0.53% 10,313 $5M $483.62 $993K +2,601 +33.7%
40 DFUS 0.47% 59,644 $4M $74.17 -$11K -1,582 -2.6%
41 VNQ 0.46% 49,052 $4M $88.49 -$8K +1,487 +3.1%
42 IJR 0.43% 34,243 $4M $120.18 -$108K -1,296 -3.6%
43 SDY 0.42% 28,467 $4M $139.16 -$426K -2,858 -9.1%
44 IMCG 0.40% 47,435 $4M $79.84 -$413K -3,334 -6.6%
45 GOOG 0.38% 11,481 $4M $313.81 $1M +882 +8.3%
46 SPY 0.37% 5,148 $4M $681.92 $84K +4 +0.1%
47 NVDA 0.36% 18,098 $3M $186.50 -$330K -1,760 -8.9%
48 ISCV 0.33% 46,237 $3M $68.50 $129K +647 +1.4%
49 JPM 0.32% 9,297 $3M $322.21 $416K +1,120 +13.7%
50 AMZN 0.32% 12,957 $3M $230.82 $520K +1,705 +15.2%
51 GOOGL 0.30% 9,006 $3M $313.01 $1M +2,195 +32.2%
52 BRK-B 0.27% 5,164 $3M $502.65 -$142K -281 -5.2%
53 VTEB 0.25% 46,272 $2M $50.29 -$469K -9,564 -17.1%
54 VGT 0.24% 3,074 $2M $753.78 $844K +1,101 +55.8%
55 VIG 0.24% 10,445 $2M $219.78 $907K +4,010 +62.3%
56 CAPR 0.24% 79,077 $2M $28.86 $280K -198,660 -71.5%
57 MA 0.24% 3,960 $2M $570.88 $185K +311 +8.5%
58 XLK 0.23% 15,174 $2M $143.97 $46K +7,587 +100.0%
59 CEG 0.22% 5,819 $2M $353.31 $354K +647 +12.5%
60 SCHH 0.22% 97,542 $2M $20.89 -$61K +232 +0.2%
61 V 0.20% 5,492 $2M $350.71 $390K +992 +22.0%
62 IEFA 0.19% 20,507 $2M $89.46 $51K +84 +0.4%
63 LLY 0.19% 1,704 $2M $1,074.27 -$468K -1,309 -43.5%
64 USMV 0.18% 18,029 $2M $94.16 -$83K -687 -3.7%
65 SRLN 0.17% 38,380 $2M $41.27 -$28K -399 -1.0%
66 VYM 0.16% 10,685 $2M $143.53 $167K +992 +10.2%
67 SPDW 0.16% 33,872 $2M $44.41 $163K +2,531 +8.1%
68 BAC 0.16% 26,875 $1M $55.00 $132K +780 +3.0%
69 GLD 0.15% 3,567 $1M $396.31 $177K +89 +2.6%
70 META 0.15% 2,113 $1M $660.00 $11K +229 +12.2%
71 IWF 0.14% 2,840 $1M $473.30 $904K +1,901 +202.4%
72 VWO 0.14% 24,102 $1M $53.76 -$5K +97 +0.4%
73 MCK 0.13% 1,526 $1M $820.04 $73K
74 VFH 0.13% 9,150 $1M $133.49 $808K +6,000 +190.5%
75 ESGV 0.09% 6,774 $819K $120.96 $19K +20 +0.3%
76 SMH 0.08% 2,200 $792K $360.13 +2,200 NEW
77 IAU 0.08% 9,502 $771K $81.17 $69K -142 -1.5%
78 XOM 0.08% 6,364 $766K $120.33 $72K +211 +3.4%
79 HDV 0.08% 5,865 $713K $121.61 -$5K
80 COST 0.07% 823 $710K $862.40 $107K +172 +26.4%
81 SYK 0.07% 1,968 $692K $351.47 -$36K
82 EFAV 0.07% 8,010 $691K $86.25 $5K -80 -1.0%
83 PWR 0.07% 1,629 $688K $422.06 $12K
84 WMT 0.07% 6,074 $677K $111.41 $51K
85 SPEM 0.07% 14,363 $672K $46.81
86 EXC 0.07% 15,155 $661K $43.59 $24K +1,003 +7.1%
87 PEP 0.07% 4,582 $658K $143.51 -$13K -196 -4.1%
88 SHV 0.07% 5,947 $655K $110.15 -$90K -793 -11.8%
89 VONG 0.06% 5,000 $609K $121.75 +5,000 NEW
90 IWB 0.06% 1,618 $604K $373.44 $13K
91 JNJ 0.06% 2,826 $585K $206.95 $64K +20 +0.7%
92 VTIP 0.06% 11,649 $576K $49.46 -$179K -3,264 -21.9%
93 HD 0.06% 1,639 $564K $344.15 $197K +733 +80.9%
94 VOOG 0.06% 1,263 $562K $444.59 $12K
95 TSLA 0.06% 1,232 $554K $449.72 $73K +151 +14.0%
96 CVX 0.06% 3,635 $554K $152.40 -$138K -821 -18.4%
97 CSX 0.06% 15,147 $549K $36.25 $11K
98 KNX 0.06% 10,283 $538K $52.28 $131K
99 SCHB 0.06% 20,048 $526K $26.23 $18K +296 +1.5%
100 CAT 0.06% 911 $522K $573.26 $87K

New Positions

SymbolValue% Port
SMH $792K 0.08%
VONG $609K 0.06%
XAR $468K 0.05%
SMRI $401K 0.04%
TPLC $355K 0.04%
MLPA $339K 0.04%
MU $338K 0.04%
VHT $314K 0.03%
VPU $311K 0.03%
CSCO $309K 0.03%
VCR $297K 0.03%
KO $295K 0.03%
AMGN $288K 0.03%
PANW $253K 0.03%
INTU $225K 0.02%

Sold Out Positions

SymbolValue% Port
SO —%
MSTR —%
HYG —%
PAVE —%
SCHZ —%
View SEC EDGAR Filings for Black Diamond Financial, LLC →

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