BLACK DIAMOND FINANCIAL, LLC

Filed: 2/4/2025ACC: 0001759236-25-000001

📋 What this filing means

BLACK DIAMOND FINANCIAL, LLC filed this quarterly 13F‑HR report disclosing 146 equity positions with a total reported market value of $667.33M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

146

Positions

$667.33M

Total AUM (reported)

12.78M

Total Shares

Allocation by class

MEGA CAP VAL ETF$87.60M13.1%

MEGA GRWTH IND$56.45M8.5%

COM$50.23M7.5%

CORE US AGGBD ET$32.98M4.9%

PORTFLI INTRMDIT$32.42M4.9%

US LCAP VA ETF$30.00M4.5%

US LCAP GR ETF$24.52M3.7%

Portfolio Concentration

Top 3$177.03M26.5%

4–10$163.19M24.5%

11–25$164.01M24.6%

Rest$163.10M24.4%

Top 3 weight

26.5%

Top 10 weight

51.0%

Voting Authority Distribution

Total shares with voting rights: 12.78M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.78M

% of voting shares100.0%

Investment Discretion (by position count)

Sole146

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings146

Rows:

VANGUARD WORLD FD

SOLE

MEGA CAP VAL ETF

Shares701.30K

TypeSH

Market value$87.60M

13.13%

Sole

0.00

Shared

0.00

None

701.30K

VANGUARD WORLD FD

SOLE

MEGA GRWTH IND

Shares164.40K

TypeSH

Market value$56.45M

8.46%

Sole

0.00

Shared

0.00

None

164.40K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares340.36K

TypeSH

Market value$32.98M

4.94%

Sole

0.00

Shared

0.00

None

340.36K

SPDR SER TR

SOLE

PORTFLI INTRMDIT

Shares1.16M

TypeSH

Market value$32.42M

4.86%

Sole

0.00

Shared

0.00

None

1.16M

SCHWAB STRATEGIC TR

SOLE

US LCAP VA ETF

Shares1.15M

TypeSH

Market value$30.00M

4.50%

Sole

0.00

Shared

0.00

None

1.15M

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares879.84K

TypeSH

Market value$24.52M

3.67%

Sole

0.00

Shared

0.00

None

879.84K

VANGUARD WORLD FD

SOLE

MEGA CAP INDEX

Shares98.88K

TypeSH

Market value$21.03M

3.15%

Sole

0.00

Shared

0.00

None

98.88K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares46.44K

TypeSH

Market value$19.06M

2.86%

Sole

0.00

Shared

0.00

None

46.44K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares818.19K

TypeSH

Market value$18.97M

2.84%

Sole

0.00

Shared

0.00

None

818.19K

ISHARES TR

SOLE

ISHS 5-10YR INVT

Shares333.61K

TypeSH

Market value$17.18M

2.58%

Sole

0.00

Shared

0.00

None

333.61K

VANGUARD INDEX FDS

SOLE

MCAP GR IDXVIP

Shares65.46K

TypeSH

Market value$16.61M

2.49%

Sole

0.00

Shared

0.00

None

65.46K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares835.89K

TypeSH

Market value$15.46M

2.32%

Sole

0.00

Shared

0.00

None

835.89K

FIDELITY COVINGTON TRUST

SOLE

MSCI RL EST ETF

Shares529.19K

TypeSH

Market value$14.30M

2.14%

Sole

0.00

Shared

0.00

None

529.19K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares44.04K

TypeSH

Market value$11.63M

1.74%

Sole

0.00

Shared

0.00

None

44.04K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares222.70K

TypeSH

Market value$11.51M

1.73%

Sole

0.00

Shared

0.00

None

222.70K

LINDBLAD EXPEDITIONS HLDGS I

SOLE

COM

Shares940.91K

TypeSH

Market value$11.16M

1.67%

Sole

0.00

Shared

0.00

None

940.91K

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares460.37K

TypeSH

Market value$11.08M

1.66%

Sole

0.00

Shared

0.00

None

460.37K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares102.06K

TypeSH

Market value$10.87M

1.63%

Sole

0.00

Shared

0.00

None

102.06K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares54.87K

TypeSH

Market value$10.87M

1.63%

Sole

0.00

Shared

0.00

None

54.87K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares54.23K

TypeSH

Market value$9.18M

1.38%

Sole

0.00

Shared

0.00

None

54.23K

APPLE INC

SOLE

COM

Shares34.32K

TypeSH

Market value$8.59M

1.29%

Sole

0.00

Shared

0.00

None

34.32K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares48.53K

TypeSH

Market value$8.50M

1.27%

Sole

0.00

Shared

0.00

None

48.53K

ISHARES TR

SOLE

MRGSTR MD CP VAL

Shares113.39K

TypeSH

Market value$8.42M

1.26%

Sole

0.00

Shared

0.00

None

113.39K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares33.62K

TypeSH

Market value$8.08M

1.21%

Sole

0.00

Shared

0.00

None

33.62K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares161.50K

TypeSH

Market value$7.72M

1.16%

Sole

0.00

Shared

0.00

None

161.50K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD WORLD FDSOLE	MEGA CAP VAL ETF	701.30K	SH	$87.60M 13.13%	701.30K
VANGUARD WORLD FDSOLE	MEGA GRWTH IND	164.40K	SH	$56.45M 8.46%	164.40K
ISHARES TRSOLE	CORE US AGGBD ET	340.36K	SH	$32.98M 4.94%	340.36K
SPDR SER TRSOLE	PORTFLI INTRMDIT	1.16M	SH	$32.42M 4.86%	1.16M
SCHWAB STRATEGIC TRSOLE	US LCAP VA ETF	1.15M	SH	$30.00M 4.50%	1.15M
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	879.84K	SH	$24.52M 3.67%	879.84K
VANGUARD WORLD FDSOLE	MEGA CAP INDEX	98.88K	SH	$21.03M 3.15%	98.88K
VANGUARD INDEX FDSSOLE	GROWTH ETF	46.44K	SH	$19.06M 2.86%	46.44K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	818.19K	SH	$18.97M 2.84%	818.19K
ISHARES TRSOLE	ISHS 5-10YR INVT	333.61K	SH	$17.18M 2.58%	333.61K
VANGUARD INDEX FDSSOLE	MCAP GR IDXVIP	65.46K	SH	$16.61M 2.49%	65.46K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	835.89K	SH	$15.46M 2.32%	835.89K
FIDELITY COVINGTON TRUSTSOLE	MSCI RL EST ETF	529.19K	SH	$14.30M 2.14%	529.19K
VANGUARD INDEX FDSSOLE	MID CAP ETF	44.04K	SH	$11.63M 1.74%	44.04K
ISHARES TRSOLE	ISHS 1-5YR INVS	222.70K	SH	$11.51M 1.73%	222.70K
LINDBLAD EXPEDITIONS HLDGS ISOLE	COM	940.91K	SH	$11.16M 1.67%	940.91K
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	460.37K	SH	$11.08M 1.66%	460.37K
ISHARES TRSOLE	NATIONAL MUN ETF	102.06K	SH	$10.87M 1.63%	102.06K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	54.87K	SH	$10.87M 1.63%	54.87K
VANGUARD INDEX FDSSOLE	VALUE ETF	54.23K	SH	$9.18M 1.38%	54.23K
APPLE INCSOLE	COM	34.32K	SH	$8.59M 1.29%	34.32K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	48.53K	SH	$8.50M 1.27%	48.53K
ISHARES TRSOLE	MRGSTR MD CP VAL	113.39K	SH	$8.42M 1.26%	113.39K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	33.62K	SH	$8.08M 1.21%	33.62K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	161.50K	SH	$7.72M 1.16%	161.50K

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