MARYLAND CAPITAL ADVISORS INC's Q3 2025 13F: 16 new positions, 30 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Oct 17, 2025 · 254 reported positions · accession 0001891201-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ISHARES TR (IGSB) | 19.2% | 20.9% | +1.7 pts | +173K sh | +19% |
| Reduced | APPLE INC (AAPL) | 5.8% | 4.5% | −1.3 pts | −22,639 sh | −31% |
| Increased | DIMENSIONAL ETF TRUST (DFAU) | 5.3% | 5.9% | +0.6 pts | +42,860 sh | +14% |
| Increased | DIMENSIONAL ETF TRUST (DFLV) | 3.2% | 3.7% | +0.5 pts | +50,654 sh | +19% |
| Increased | ISHARES TR (ISTB) | 2.9% | 3.0% | +0.1 pts | +17,040 sh | +11% |
| Increased | DIMENSIONAL ETF TRUST (DFAT) | 1.3% | 1.6% | +0.2 pts | +12,195 sh | +19% |
| Increased | MICROSOFT CORP (MSFT) | 0.3% | 0.4% | +0.2 pts | +918 sh | +72% |
| Increased | DIMENSIONAL ETF TRUST (DFIV) | 3.6% | 3.7% | +0.1 pts | +10,086 sh | +5% |
| Increased | DIMENSIONAL ETF TRUST (DFNM) | 2.4% | 2.3% | 0.0 pts | +9,174 sh | +7% |
| Increased | VANGUARD MALVERN FDS (VTIP) | 1.4% | 1.4% | 0.0 pts | +8,421 sh | +12% |
| Increased | DIMENSIONAL ETF TRUST (DFAS) | 1.0% | 1.1% | +0.1 pts | +3,808 sh | +9% |
| New | ETF SER SOLUTIONS (JETS) | — | 0.1% | +0.1 pts | +10,376 sh | new |
| Increased | DIMENSIONAL ETF TRUST (DFAR) | 1.3% | 1.3% | 0.0 pts | +10,636 sh | +7% |
| Reduced | VANGUARD SCOTTSDALE FDS (VCSH) | 8.9% | 8.1% | −0.8 pts | −3,078 sh | −1% |
| Reduced | ISHARES TR (EFV) | 2.0% | 1.9% | −0.1 pts | −3,495 sh | −4% |
| Reduced | VANGUARD INDEX FDS (VTI) | 6.8% | 6.7% | −0.2 pts | −720 sh | −1% |
| Reduced | VANGUARD INDEX FDS (VNQ) | 0.8% | 0.7% | −0.1 pts | −2,212 sh | −10% |
| Increased | DIMENSIONAL ETF TRUST (DUHP) | 0.6% | 0.6% | +0.1 pts | +5,120 sh | +12% |
| Increased | SPDR S&P 500 ETF TR (SPY) | 0.2% | 0.2% | +0.1 pts | +284 sh | +40% |
| Increased | DIMENSIONAL ETF TRUST (DFEV) | 1.5% | 1.5% | 0.0 pts | +5,922 sh | +5% |
| Increased | JPMORGAN CHASE & CO. (JPM) | 0.1% | 0.1% | +0.1 pts | +474 sh | +55% |
| Reduced | ISHARES INC (IEMG) | 0.3% | 0.2% | 0.0 pts | −2,155 sh | −18% |
| Increased | VANGUARD INTL EQUITY INDEX F (VNQI) | 1.3% | 1.3% | 0.0 pts | +2,894 sh | +4% |
| Reduced | ISHARES TR (IEFA) | 0.2% | 0.1% | −0.1 pts | −1,451 sh | −26% |
| Reduced | VANGUARD INDEX FDS (VTV) | 4.8% | 4.6% | −0.2 pts | −501 sh | −1% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 0.0% | 0.0% | 0.0 pts | +1,874 sh | +1658% |
| Reduced | SPDR INDEX SHS FDS (EDIV) | 0.2% | 0.2% | 0.0 pts | −1,930 sh | −13% |
| Reduced | ISHARES TR (IBDR) | 0.3% | 0.2% | 0.0 pts | −2,825 sh | −10% |
| New | CITIGROUP INC (C) | — | 0.0% | 0.0 pts | +672 sh | new |
| Increased | DIMENSIONAL ETF TRUST (DISV) | 1.0% | 1.0% | 0.0 pts | +1,766 sh | +2% |
| Increased | VANGUARD SCOTTSDALE FDS (VONG) | 0.0% | 0.0% | 0.0 pts | +488 sh | +119% |
| Increased | DIMENSIONAL ETF TRUST (DFIS) | 0.6% | 0.6% | 0.0 pts | +1,530 sh | +3% |
| Increased | DIMENSIONAL ETF TRUST (DFAI) | 2.9% | 2.8% | −0.1 pts | +1,315 sh | +1% |
| Reduced | VANGUARD TAX-MANAGED FDS (VEA) | 1.0% | 1.0% | −0.1 pts | −764 sh | −2% |
| Reduced | ALPHABET INC (GOOG) | 0.0% | 0.0% | 0.0 pts | −159 sh | −37% |
| Reduced | ISHARES TR (IBDS) | 0.1% | 0.1% | 0.0 pts | −1,396 sh | −10% |
| Reduced | VANGUARD INTL EQUITY INDEX F (VSS) | 0.2% | 0.2% | 0.0 pts | −236 sh | −7% |
| Reduced | VANGUARD INDEX FDS (VBR) | 1.0% | 1.0% | 0.0 pts | −155 sh | −1% |
| Increased | FIDELITY MERRIMACK STR TR (FBND) | 0.0% | 0.0% | 0.0 pts | +651 sh | +378% |
| Increased | DIMENSIONAL ETF TRUST (DEHP) | 0.1% | 0.1% | 0.0 pts | +960 sh | +9% |
| Increased | SPDR INDEX SHS FDS (EWX) | 0.6% | 0.6% | 0.0 pts | +343 sh | +1% |
| Reduced | AMAZON COM INC (AMZN) | 0.0% | 0.0% | 0.0 pts | −95 sh | −45% |
| Reduced | NVIDIA CORPORATION (NVDA) | 0.5% | 0.5% | 0.0 pts | −98 sh | −1% |
| Increased | ISHARES INC (EMXC) | 1.1% | 1.1% | 0.0 pts | +263 sh | +1% |
| Reduced | VANGUARD INTL EQUITY INDEX F (VT) | 0.1% | 0.1% | 0.0 pts | −128 sh | −10% |
| Reduced | ISHARES TR (IBDQ) | 0.1% | 0.0% | 0.0 pts | −700 sh | −12% |
| Exited | VALERO ENERGY CORP (VLO) | 0.0% | — | 0.0 pts | −109 sh | −100% |
| Reduced | ISHARES TR (IUSV) | 0.5% | 0.5% | 0.0 pts | −155 sh | −1% |
| Exited | LOWES COS INC (LOW) | 0.0% | — | 0.0 pts | −62 sh | −100% |
| Reduced | ROCKWELL AUTOMATION INC (ROK) | 0.0% | 0.0% | 0.0 pts | −43 sh | −28% |
The 50 largest of 123 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 63.8% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (IGSB) | 19.2% | 20.9% | |
| 2 | VANGUARD SCOTTSDALE FDS (VCSH) | 8.9% | 8.1% | |
| 3 | VANGUARD INDEX FDS (VTI) | 6.8% | 6.7% | |
| 4 | DIMENSIONAL ETF TRUST (DFAU) | 5.3% | 5.9% | |
| 5 | VANGUARD INDEX FDS (VTV) | 4.8% | 4.6% | |
| 6 | APPLE INC (AAPL) | 5.8% | 4.5% | |
| 7 | DIMENSIONAL ETF TRUST (DFIV) | 3.6% | 3.7% | |
| 8 | DIMENSIONAL ETF TRUST (DFLV) | 3.2% | 3.7% | |
| 9 | ISHARES TR (ISTB) | 2.9% | 3.0% | |
| 10 | DIMENSIONAL ETF TRUST (DFAI) | 2.9% | 2.8% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).