Filed: 10/26/2026ACC: 0001759236-26-000005
📋 What this filing means
BLACK DIAMOND FINANCIAL, LLC filed this quarterly 13F‑HR report disclosing 204 equity positions with a total reported market value of $1.18B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
204
Positions
$1.18B
Total AUM (reported)
18.51M
Total Shares
Allocation by class
MRNGSTR VAL ETF$144.92M12.3%
MRNGSTR MEGA CAP$105.15M8.9%
COM$99.47M8.5%
US LCAP GR ETF$67.46M5.7%
US LCAP VA ETF$62.39M5.3%
CORE US AGGBD ET$47.68M4.1%
ST INTER ETF$45.43M3.9%
Portfolio Concentration
Top 3$298.16M25.4%
4–10$297.25M25.3%
11–25$307.65M26.2%
Rest$272.97M23.2%
Top 3 weight
25.4%
Top 10 weight
50.6%
Voting Authority Distribution
Total shares with voting rights: 18.51M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
18.51M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole204
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings204
Rows:
VANGUARD WORLD FD
SOLEShares779.39K
TypeSH
Market value$125.55M
10.68%
Sole
0.00
Shared
0.00
None
779.39K
VANGUARD WORLD FD
SOLEShares1.13M
TypeSH
Market value$105.15M
8.94%
Sole
0.00
Shared
0.00
None
1.13M
SCHWAB STRATEGIC TR
SOLEShares1.88M
TypeSH
Market value$67.46M
5.74%
Sole
0.00
Shared
0.00
None
1.88M
SCHWAB STRATEGIC TR
SOLEShares1.87M
TypeSH
Market value$62.39M
5.31%
Sole
0.00
Shared
0.00
None
1.87M
ISHARES TR
SOLEShares504.35K
TypeSH
Market value$47.68M
4.05%
Sole
0.00
Shared
0.00
None
504.35K
SPDR SERIES TRUST
SOLEShares1.67M
TypeSH
Market value$45.43M
3.86%
Sole
0.00
Shared
0.00
None
1.67M
VANGUARD WORLD FD
SOLEShares146.92K
TypeSH
Market value$41.48M
3.53%
Sole
0.00
Shared
0.00
None
146.92K
VANGUARD INDEX FDS
SOLEShares399.32K
TypeSH
Market value$35.98M
3.06%
Sole
0.00
Shared
0.00
None
399.32K
SCHWAB STRATEGIC TR
SOLEShares1.24M
TypeSH
Market value$34.12M
2.90%
Sole
0.00
Shared
0.00
None
1.24M
LINDBLAD EXPEDITIONS HLDGS I
SOLEShares959.96K
TypeSH
Market value$30.17M
2.57%
Sole
0.00
Shared
0.00
None
959.96K
VANGUARD INDEX FDS
SOLEShares95.84K
TypeSH
Market value$27.99M
2.38%
Sole
0.00
Shared
0.00
None
95.84K
FIDELITY COVINGTON TRUST
SOLEShares992.01K
TypeSH
Market value$26.96M
2.29%
Sole
0.00
Shared
0.00
None
992.01K
ISHARES TR
SOLEShares266.71K
TypeSH
Market value$24.47M
2.08%
Sole
0.00
Shared
0.00
None
266.71K
ISHARES TR
SOLEShares462.42K
TypeSH
Market value$23.28M
1.98%
Sole
0.00
Shared
0.00
None
462.42K
SCHWAB STRATEGIC TR
SOLEShares769.12K
TypeSH
Market value$23.07M
1.96%
Sole
0.00
Shared
0.00
None
769.12K
SCHWAB STRATEGIC TR
SOLEShares940.57K
TypeSH
Market value$22.44M
1.91%
Sole
0.00
Shared
0.00
None
940.57K
VANGUARD INDEX FDS
SOLEShares56.98K
TypeSH
Market value$21.32M
1.81%
Sole
0.00
Shared
0.00
None
56.98K
ISHARES TR
SOLEShares208.39K
TypeSH
Market value$21.07M
1.79%
Sole
0.00
Shared
0.00
None
208.39K
ISHARES TR
SOLEShares408.56K
TypeSH
Market value$20.93M
1.78%
Sole
0.00
Shared
0.00
None
408.56K
VANGUARD INDEX FDS
SOLEShares89.61K
TypeSH
Market value$19.36M
1.65%
Sole
0.00
Shared
0.00
None
89.61K
VANGUARD INDEX FDS
SOLEShares81.26K
TypeSH
Market value$18.77M
1.60%
Sole
0.00
Shared
0.00
None
81.26K
ISHARES INC
SOLEShares204.33K
TypeSH
Market value$16.58M
1.41%
Sole
0.00
Shared
0.00
None
204.33K
VANGUARD INDEX FDS
SOLEShares186.19K
TypeSH
Market value$14.60M
1.24%
Sole
0.00
Shared
0.00
None
186.19K
VANGUARD INDEX FDS
SOLEShares39.01K
TypeSH
Market value$13.73M
1.17%
Sole
0.00
Shared
0.00
None
39.01K
VANGUARD TAX-MANAGED FDS
SOLEShares184.81K
TypeSH
Market value$13.05M
1.11%
Sole
0.00
Shared
0.00
None
184.81K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD WORLD FDSOLE | MRNGSTR VAL ETF | 779.39K | SH | $125.55M 10.68% | 0.00 | 0.00 | 779.39K |
VANGUARD WORLD FDSOLE | MRNGSTR MEGA CAP | 1.13M | SH | $105.15M 8.94% | 0.00 | 0.00 | 1.13M |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 1.88M | SH | $67.46M 5.74% | 0.00 | 0.00 | 1.88M |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 1.87M | SH | $62.39M 5.31% | 0.00 | 0.00 | 1.87M |
ISHARES TRSOLE | CORE US AGGBD ET | 504.35K | SH | $47.68M 4.05% | 0.00 | 0.00 | 504.35K |
SPDR SERIES TRUSTSOLE | ST INTER ETF | 1.67M | SH | $45.43M 3.86% | 0.00 | 0.00 | 1.67M |
VANGUARD WORLD FDSOLE | MRNGSTR CAP ETF | 146.92K | SH | $41.48M 3.53% | 0.00 | 0.00 | 146.92K |
VANGUARD INDEX FDSSOLE | MRNGSTR GRWT ETF | 399.32K | SH | $35.98M 3.06% | 0.00 | 0.00 | 399.32K |
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 1.24M | SH | $34.12M 2.90% | 0.00 | 0.00 | 1.24M |
LINDBLAD EXPEDITIONS HLDGS ISOLE | COM | 959.96K | SH | $30.17M 2.57% | 0.00 | 0.00 | 959.96K |
VANGUARD INDEX FDSSOLE | MRNGSTR MD CP GR | 95.84K | SH | $27.99M 2.38% | 0.00 | 0.00 | 95.84K |
FIDELITY COVINGTON TRUSTSOLE | MSCI RL EST ETF | 992.01K | SH | $26.96M 2.29% | 0.00 | 0.00 | 992.01K |
ISHARES TRSOLE | MRGSTR MD CP VAL | 266.71K | SH | $24.47M 2.08% | 0.00 | 0.00 | 266.71K |
ISHARES TRSOLE | ISHS 5-10YR INVT | 462.42K | SH | $23.28M 1.98% | 0.00 | 0.00 | 462.42K |
SCHWAB STRATEGIC TRSOLE | US LRG CAP ETF | 769.12K | SH | $23.07M 1.96% | 0.00 | 0.00 | 769.12K |
SCHWAB STRATEGIC TRSOLE | SHT TM US TRES | 940.57K | SH | $22.44M 1.91% | 0.00 | 0.00 | 940.57K |
VANGUARD INDEX FDSSOLE | MRNGSTR TTL STK | 56.98K | SH | $21.32M 1.81% | 0.00 | 0.00 | 56.98K |
ISHARES TRSOLE | NATIONAL MUN ETF | 208.39K | SH | $21.07M 1.79% | 0.00 | 0.00 | 208.39K |
ISHARES TRSOLE | ISHS 1-5YR INVS | 408.56K | SH | $20.93M 1.78% | 0.00 | 0.00 | 408.56K |
VANGUARD INDEX FDSSOLE | MRNGSTR VAL ETF | 89.61K | SH | $19.36M 1.65% | 0.00 | 0.00 | 89.61K |
VANGUARD INDEX FDSSOLE | MRNGSTR SML CP V | 81.26K | SH | $18.77M 1.60% | 0.00 | 0.00 | 81.26K |
ISHARES INCSOLE | CORE MSCI EMKT | 204.33K | SH | $16.58M 1.41% | 0.00 | 0.00 | 204.33K |
VANGUARD INDEX FDSSOLE | MRNGSTR MID CAP | 186.19K | SH | $14.60M 1.24% | 0.00 | 0.00 | 186.19K |
VANGUARD INDEX FDSSOLE | MRNGSTR LRG CAP | 39.01K | SH | $13.73M 1.17% | 0.00 | 0.00 | 39.01K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 184.81K | SH | $13.05M 1.11% | 0.00 | 0.00 | 184.81K |
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