BLACK DIAMOND FINANCIAL, LLC

PrivateCIK: 1759236

Location

TOWSON, MD

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

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

18.51M

% 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

SOLE

MRNGSTR VAL ETF

Shares779.39K

TypeSH

Market value$125.55M

10.68%

Sole

0.00

Shared

0.00

None

779.39K

VANGUARD WORLD FD

SOLE

MRNGSTR MEGA CAP

Shares1.13M

TypeSH

Market value$105.15M

8.94%

Sole

0.00

Shared

0.00

None

1.13M

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares1.88M

TypeSH

Market value$67.46M

5.74%

Sole

0.00

Shared

0.00

None

1.88M

SCHWAB STRATEGIC TR

SOLE

US LCAP VA ETF

Shares1.87M

TypeSH

Market value$62.39M

5.31%

Sole

0.00

Shared

0.00

None

1.87M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares504.35K

TypeSH

Market value$47.68M

4.05%

Sole

0.00

Shared

0.00

None

504.35K

SPDR SERIES TRUST

SOLE

ST INTER ETF

Shares1.67M

TypeSH

Market value$45.43M

3.86%

Sole

0.00

Shared

0.00

None

1.67M

VANGUARD WORLD FD

SOLE

MRNGSTR CAP ETF

Shares146.92K

TypeSH

Market value$41.48M

3.53%

Sole

0.00

Shared

0.00

None

146.92K

VANGUARD INDEX FDS

SOLE

MRNGSTR GRWT ETF

Shares399.32K

TypeSH

Market value$35.98M

3.06%

Sole

0.00

Shared

0.00

None

399.32K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares1.24M

TypeSH

Market value$34.12M

2.90%

Sole

0.00

Shared

0.00

None

1.24M

LINDBLAD EXPEDITIONS HLDGS I

SOLE

COM

Shares959.96K

TypeSH

Market value$30.17M

2.57%

Sole

0.00

Shared

0.00

None

959.96K

VANGUARD INDEX FDS

SOLE

MRNGSTR MD CP GR

Shares95.84K

TypeSH

Market value$27.99M

2.38%

Sole

0.00

Shared

0.00

None

95.84K

FIDELITY COVINGTON TRUST

SOLE

MSCI RL EST ETF

Shares992.01K

TypeSH

Market value$26.96M

2.29%

Sole

0.00

Shared

0.00

None

992.01K

ISHARES TR

SOLE

MRGSTR MD CP VAL

Shares266.71K

TypeSH

Market value$24.47M

2.08%

Sole

0.00

Shared

0.00

None

266.71K

ISHARES TR

SOLE

ISHS 5-10YR INVT

Shares462.42K

TypeSH

Market value$23.28M

1.98%

Sole

0.00

Shared

0.00

None

462.42K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares769.12K

TypeSH

Market value$23.07M

1.96%

Sole

0.00

Shared

0.00

None

769.12K

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares940.57K

TypeSH

Market value$22.44M

1.91%

Sole

0.00

Shared

0.00

None

940.57K

VANGUARD INDEX FDS

SOLE

MRNGSTR TTL STK

Shares56.98K

TypeSH

Market value$21.32M

1.81%

Sole

0.00

Shared

0.00

None

56.98K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares208.39K

TypeSH

Market value$21.07M

1.79%

Sole

0.00

Shared

0.00

None

208.39K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares408.56K

TypeSH

Market value$20.93M

1.78%

Sole

0.00

Shared

0.00

None

408.56K

VANGUARD INDEX FDS

SOLE

MRNGSTR VAL ETF

Shares89.61K

TypeSH

Market value$19.36M

1.65%

Sole

0.00

Shared

0.00

None

89.61K

VANGUARD INDEX FDS

SOLE

MRNGSTR SML CP V

Shares81.26K

TypeSH

Market value$18.77M

1.60%

Sole

0.00

Shared

0.00

None

81.26K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares204.33K

TypeSH

Market value$16.58M

1.41%

Sole

0.00

Shared

0.00

None

204.33K

VANGUARD INDEX FDS

SOLE

MRNGSTR MID CAP

Shares186.19K

TypeSH

Market value$14.60M

1.24%

Sole

0.00

Shared

0.00

None

186.19K

VANGUARD INDEX FDS

SOLE

MRNGSTR LRG CAP

Shares39.01K

TypeSH

Market value$13.73M

1.17%

Sole

0.00

Shared

0.00

None

39.01K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares184.81K

TypeSH

Market value$13.05M

1.11%

Sole

0.00

Shared

0.00

None

184.81K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD WORLD FDSOLE	MRNGSTR VAL ETF	779.39K	SH	$125.55M 10.68%	779.39K
VANGUARD WORLD FDSOLE	MRNGSTR MEGA CAP	1.13M	SH	$105.15M 8.94%	1.13M
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	1.88M	SH	$67.46M 5.74%	1.88M
SCHWAB STRATEGIC TRSOLE	US LCAP VA ETF	1.87M	SH	$62.39M 5.31%	1.87M
ISHARES TRSOLE	CORE US AGGBD ET	504.35K	SH	$47.68M 4.05%	504.35K
SPDR SERIES TRUSTSOLE	ST INTER ETF	1.67M	SH	$45.43M 3.86%	1.67M
VANGUARD WORLD FDSOLE	MRNGSTR CAP ETF	146.92K	SH	$41.48M 3.53%	146.92K
VANGUARD INDEX FDSSOLE	MRNGSTR GRWT ETF	399.32K	SH	$35.98M 3.06%	399.32K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	1.24M	SH	$34.12M 2.90%	1.24M
LINDBLAD EXPEDITIONS HLDGS ISOLE	COM	959.96K	SH	$30.17M 2.57%	959.96K
VANGUARD INDEX FDSSOLE	MRNGSTR MD CP GR	95.84K	SH	$27.99M 2.38%	95.84K
FIDELITY COVINGTON TRUSTSOLE	MSCI RL EST ETF	992.01K	SH	$26.96M 2.29%	992.01K
ISHARES TRSOLE	MRGSTR MD CP VAL	266.71K	SH	$24.47M 2.08%	266.71K
ISHARES TRSOLE	ISHS 5-10YR INVT	462.42K	SH	$23.28M 1.98%	462.42K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	769.12K	SH	$23.07M 1.96%	769.12K
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	940.57K	SH	$22.44M 1.91%	940.57K
VANGUARD INDEX FDSSOLE	MRNGSTR TTL STK	56.98K	SH	$21.32M 1.81%	56.98K
ISHARES TRSOLE	NATIONAL MUN ETF	208.39K	SH	$21.07M 1.79%	208.39K
ISHARES TRSOLE	ISHS 1-5YR INVS	408.56K	SH	$20.93M 1.78%	408.56K
VANGUARD INDEX FDSSOLE	MRNGSTR VAL ETF	89.61K	SH	$19.36M 1.65%	89.61K
VANGUARD INDEX FDSSOLE	MRNGSTR SML CP V	81.26K	SH	$18.77M 1.60%	81.26K
ISHARES INCSOLE	CORE MSCI EMKT	204.33K	SH	$16.58M 1.41%	204.33K
VANGUARD INDEX FDSSOLE	MRNGSTR MID CAP	186.19K	SH	$14.60M 1.24%	186.19K
VANGUARD INDEX FDSSOLE	MRNGSTR LRG CAP	39.01K	SH	$13.73M 1.17%	39.01K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	184.81K	SH	$13.05M 1.11%	184.81K

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