BALTIMORE-WASHINGTON FINANCIAL ADVISORS, INC.

Filed: 8/13/2025ACC: 0001172661-25-003090

📋 What this filing means

BALTIMORE-WASHINGTON FINANCIAL ADVISORS, INC. filed this quarterly 13F‑HR report disclosing 171 equity positions with a total reported market value of $2.15B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

171

Positions

$2.15B

Total AUM (reported)

19.04M

Total Shares

Allocation by class

COM$766.71M35.7%

LARGE CAP ETF$106.14M4.9%

UNIT SER 1$94.78M4.4%

CL A$80.59M3.8%

DIV APP ETF$61.22M2.9%

S&P500 EQL WGT$61.02M2.8%

CORE S&P500 ETF$60.52M2.8%

Portfolio Concentration

Top 3$280.80M13.1%

4–10$402.22M18.7%

11–25$593.90M27.7%

Rest$868.79M40.5%

Top 3 weight

13.1%

Top 10 weight

31.8%

Voting Authority Distribution

Total shares with voting rights: 19.04M

Sole

Full voting authority

19.02M

% of voting shares99.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

15.21K

% of voting shares0.1%

Investment Discretion (by position count)

Sole171

Shared0

Other0

Dominant voting typeSole · 99.9% of voting shares

Institutional Holdings171

Rows:

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares372.04K

TypeSH

Market value$106.14M

4.95%

Sole

370.92K

Shared

0.00

None

1.12K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares171.81K

TypeSH

Market value$94.78M

4.42%

Sole

171.81K

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

COM

Shares505.60K

TypeSH

Market value$79.88M

3.72%

Sole

505.60K

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COM

Shares132.76K

TypeSH

Market value$66.04M

3.08%

Sole

132.23K

Shared

0.00

None

534.00

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares299.13K

TypeSH

Market value$61.22M

2.85%

Sole

299.13K

Shared

0.00

None

0.00

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares335.74K

TypeSH

Market value$61.02M

2.84%

Sole

335.74K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares97.47K

TypeSH

Market value$60.52M

2.82%

Sole

97.47K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares235.30K

TypeSH

Market value$51.62M

2.41%

Sole

235.30K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000GRW

Shares472.03K

TypeSH

Market value$51.55M

2.40%

Sole

472.03K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

PORTFOLI S&P1500

Shares671.03K

TypeSH

Market value$50.25M

2.34%

Sole

671.03K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

SSGA US LRG ETF

Shares279.63K

TypeSH

Market value$48.83M

2.28%

Sole

279.63K

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares226.88K

TypeSH

Market value$46.55M

2.17%

Sole

226.54K

Shared

0.00

None

340.00

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL TEC

Shares1.12M

TypeSH

Market value$45.61M

2.13%

Sole

1.12M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares247.95K

TypeSH

Market value$43.82M

2.04%

Sole

246.76K

Shared

0.00

None

1.19K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares322.08K

TypeSH

Market value$42.94M

2.00%

Sole

319.83K

Shared

0.00

None

2.25K

COSTCO WHSL CORP NEW

SOLE

COM

Shares42.79K

TypeSH

Market value$42.36M

1.97%

Sole

42.79K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares53.37K

TypeSH

Market value$39.39M

1.84%

Sole

53.29K

Shared

0.00

None

80.00

ALPHABET INC

SOLE

CAP STK CL C

Shares219.38K

TypeSH

Market value$38.92M

1.81%

Sole

219.38K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

PRTFLO S&P500 GW

Shares403.40K

TypeSH

Market value$38.45M

1.79%

Sole

403.40K

Shared

0.00

None

0.00

JPMORGAN CHASE & CO.

SOLE

COM

Shares124.38K

TypeSH

Market value$36.06M

1.68%

Sole

123.95K

Shared

0.00

None

430.00

UBER TECHNOLOGIES INC

SOLE

COM

Shares383.39K

TypeSH

Market value$35.77M

1.67%

Sole

383.39K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares70.59K

TypeSH

Market value$34.29M

1.60%

Sole

70.29K

Shared

0.00

None

300.00

VISA INC

SOLE

COM CL A

Shares95.15K

TypeSH

Market value$33.78M

1.57%

Sole

95.02K

Shared

0.00

None

126.00

ISHARES TR

SOLE

U.S. FIN SVC ETF

Shares393.66K

TypeSH

Market value$33.70M

1.57%

Sole

393.66K

Shared

0.00

None

0.00

BOOKING HOLDINGS INC

SOLE

COM

Shares5.78K

TypeSH

Market value$33.45M

1.56%

Sole

5.78K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	372.04K	SH	$106.14M 4.95%	370.92K	1.12K
INVESCO QQQ TRSOLE	UNIT SER 1	171.81K	SH	$94.78M 4.42%	171.81K	0.00
NVIDIA CORPORATIONSOLE	COM	505.60K	SH	$79.88M 3.72%	505.60K	0.00
MICROSOFT CORPSOLE	COM	132.76K	SH	$66.04M 3.08%	132.23K	534.00
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	299.13K	SH	$61.22M 2.85%	299.13K	0.00
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	335.74K	SH	$61.02M 2.84%	335.74K	0.00
ISHARES TRSOLE	CORE S&P500 ETF	97.47K	SH	$60.52M 2.82%	97.47K	0.00
AMAZON COM INCSOLE	COM	235.30K	SH	$51.62M 2.41%	235.30K	0.00
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000GRW	472.03K	SH	$51.55M 2.40%	472.03K	0.00
SPDR SERIES TRUSTSOLE	PORTFOLI S&P1500	671.03K	SH	$50.25M 2.34%	671.03K	0.00
SPDR SERIES TRUSTSOLE	SSGA US LRG ETF	279.63K	SH	$48.83M 2.28%	279.63K	0.00
APPLE INCSOLE	COM	226.88K	SH	$46.55M 2.17%	226.54K	340.00
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL TEC	1.12M	SH	$45.61M 2.13%	1.12M	0.00
VANGUARD INDEX FDSSOLE	VALUE ETF	247.95K	SH	$43.82M 2.04%	246.76K	1.19K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	322.08K	SH	$42.94M 2.00%	319.83K	2.25K
COSTCO WHSL CORP NEWSOLE	COM	42.79K	SH	$42.36M 1.97%	42.79K	0.00
META PLATFORMS INCSOLE	CL A	53.37K	SH	$39.39M 1.84%	53.29K	80.00
ALPHABET INCSOLE	CAP STK CL C	219.38K	SH	$38.92M 1.81%	219.38K	0.00
SPDR SERIES TRUSTSOLE	PRTFLO S&P500 GW	403.40K	SH	$38.45M 1.79%	403.40K	0.00
JPMORGAN CHASE & CO.SOLE	COM	124.38K	SH	$36.06M 1.68%	123.95K	430.00
UBER TECHNOLOGIES INCSOLE	COM	383.39K	SH	$35.77M 1.67%	383.39K	0.00
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	70.59K	SH	$34.29M 1.60%	70.29K	300.00
VISA INCSOLE	COM CL A	95.15K	SH	$33.78M 1.57%	95.02K	126.00
ISHARES TRSOLE	U.S. FIN SVC ETF	393.66K	SH	$33.70M 1.57%	393.66K	0.00
BOOKING HOLDINGS INCSOLE	COM	5.78K	SH	$33.45M 1.56%	5.78K	0.00

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