FINANCIAL CONSULATE, INC

Filed: 10/21/2025ACC: 0001624510-25-000009

📋 What this filing means

FINANCIAL CONSULATE, INC filed this quarterly 13F‑HR report disclosing 1153 equity positions with a total reported market value of $708.24M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

1153

Positions

$708.24M

Total AUM (reported)

25.64M

Total Shares

Allocation by class

US LRG CAP ETF$135.21M19.1%

COM$100.91M14.2%

US HIGH PROFITAB$74.64M10.5%

RAFI DYN MULTI$60.41M8.5%

INTL EQTY ETF$42.23M6.0%

INTL HIGH PROFIT$35.85M5.1%

FUNDAMENTAL US B$31.49M4.4%

Portfolio Concentration

Top 3$270.26M38.2%

4–10$205.15M29.0%

11–25$121.41M17.1%

Rest$111.42M15.7%

Top 3 weight

38.2%

Top 10 weight

67.1%

Voting Authority Distribution

Total shares with voting rights: 25.64M

Sole

Full voting authority

18.87M

% of voting shares73.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.78M

% of voting shares26.4%

Investment Discretion (by position count)

Sole1153

Shared0

Other0

Dominant voting typeSole · 73.6% of voting shares

Institutional Holdings1153

Rows:

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares5.13M

TypeSH

Market value$135.21M

19.09%

Sole

3.63M

Shared

0.00

None

1.51M

DIMENSIONAL ETF TRUST

SOLE

US HIGH PROFITAB

Shares1.98M

TypeSH

Market value$74.64M

10.54%

Sole

1.63M

Shared

0.00

None

341.79K

PIMCO EQUITY SER

SOLE

RAFI DYN MULTI

Shares1.63M

TypeSH

Market value$60.41M

8.53%

Sole

1.11M

Shared

0.00

None

514.92K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares1.81M

TypeSH

Market value$42.23M

5.96%

Sole

1.49M

Shared

0.00

None

327.87K

DIMENSIONAL ETF TRUST

SOLE

INTL HIGH PROFIT

Shares1.18M

TypeSH

Market value$35.85M

5.06%

Sole

964.29K

Shared

0.00

None

215.33K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US B

Shares1.22M

TypeSH

Market value$31.49M

4.45%

Sole

1.01M

Shared

0.00

None

209.55K

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP ETF

Shares416.92K

TypeSH

Market value$28.54M

4.03%

Sole

312.22K

Shared

0.00

None

104.70K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares493.12K

TypeSH

Market value$24.97M

3.53%

Sole

355.41K

Shared

0.00

None

137.71K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares788.07K

TypeSH

Market value$21.51M

3.04%

Sole

641.24K

Shared

0.00

None

146.83K

FRANKLIN TEMPLETON ETF TR

SOLE

US MID CP MLTFCT

Shares364.15K

TypeSH

Market value$20.56M

2.90%

Sole

236.29K

Shared

0.00

None

127.86K

APPLE INC

SOLE

COM

Shares78.62K

TypeSH

Market value$20.02M

2.83%

Sole

73.47K

Shared

0.00

None

5.16K

T ROWE PRICE ETF INC

SOLE

CAP APPRECIATION

Shares456.49K

TypeSH

Market value$17.21M

2.43%

Sole

385.74K

Shared

0.00

None

70.75K

PGIM ETF TR

SOLE

PGIM ULTRA SH BD

Shares250.42K

TypeSH

Market value$12.48M

1.76%

Sole

192.12K

Shared

0.00

None

58.30K

MCCORMICK & CO INC

SOLE

COM NON VTG

Shares183.70K

TypeSH

Market value$12.29M

1.74%

Sole

98.20K

Shared

0.00

None

85.50K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares239.68K

TypeSH

Market value$10.30M

1.45%

Sole

197.23K

Shared

0.00

None

42.45K

SPDR INDEX SHS FDS

SOLE

ASIA PACIF ETF

Shares64.61K

TypeSH

Market value$8.98M

1.27%

Sole

42.03K

Shared

0.00

None

22.58K

MICROSOFT CORP

SOLE

COM

Shares16.19K

TypeSH

Market value$8.39M

1.18%

Sole

6.84K

Shared

0.00

None

9.35K

PATRICK INDS INC

SOLE

COM

Shares53.34K

TypeSH

Market value$5.52M

0.78%

Sole

53.34K

Shared

0.00

None

0.00

PIMCO EQUITY SER

SOLE

RAFI DYN ML US

Shares97.03K

TypeSH

Market value$5.46M

0.77%

Sole

74.65K

Shared

0.00

None

22.38K

NVIDIA CORPORATION

SOLE

COM

Shares28.53K

TypeSH

Market value$5.32M

0.75%

Sole

16.53K

Shared

0.00

None

12.01K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares6.02K

TypeSH

Market value$3.69M

0.52%

Sole

1.83K

Shared

0.00

None

4.19K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares120.21K

TypeSH

Market value$3.09M

0.44%

Sole

106.84K

Shared

0.00

None

13.37K

SPDR INDEX SHS FDS

SOLE

PORTFLI MSCI GBL

Shares40.33K

TypeSH

Market value$3.02M

0.43%

Sole

29.62K

Shared

0.00

None

10.71K

PNC FINL SVCS GROUP INC

SOLE

COM

Shares14.64K

TypeSH

Market value$2.94M

0.42%

Sole

8.14K

Shared

0.00

None

6.50K

AMAZON COM INC

SOLE

COM

Shares12.32K

TypeSH

Market value$2.71M

0.38%

Sole

8.39K

Shared

0.00

None

3.93K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	5.13M	SH	$135.21M 19.09%	3.63M	1.51M
DIMENSIONAL ETF TRUSTSOLE	US HIGH PROFITAB	1.98M	SH	$74.64M 10.54%	1.63M	341.79K
PIMCO EQUITY SERSOLE	RAFI DYN MULTI	1.63M	SH	$60.41M 8.53%	1.11M	514.92K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	1.81M	SH	$42.23M 5.96%	1.49M	327.87K
DIMENSIONAL ETF TRUSTSOLE	INTL HIGH PROFIT	1.18M	SH	$35.85M 5.06%	964.29K	215.33K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US B	1.22M	SH	$31.49M 4.45%	1.01M	209.55K
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP ETF	416.92K	SH	$28.54M 4.03%	312.22K	104.70K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	493.12K	SH	$24.97M 3.53%	355.41K	137.71K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	788.07K	SH	$21.51M 3.04%	641.24K	146.83K
FRANKLIN TEMPLETON ETF TRSOLE	US MID CP MLTFCT	364.15K	SH	$20.56M 2.90%	236.29K	127.86K
APPLE INCSOLE	COM	78.62K	SH	$20.02M 2.83%	73.47K	5.16K
T ROWE PRICE ETF INCSOLE	CAP APPRECIATION	456.49K	SH	$17.21M 2.43%	385.74K	70.75K
PGIM ETF TRSOLE	PGIM ULTRA SH BD	250.42K	SH	$12.48M 1.76%	192.12K	58.30K
MCCORMICK & CO INCSOLE	COM NON VTG	183.70K	SH	$12.29M 1.74%	98.20K	85.50K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	239.68K	SH	$10.30M 1.45%	197.23K	42.45K
SPDR INDEX SHS FDSSOLE	ASIA PACIF ETF	64.61K	SH	$8.98M 1.27%	42.03K	22.58K
MICROSOFT CORPSOLE	COM	16.19K	SH	$8.39M 1.18%	6.84K	9.35K
PATRICK INDS INCSOLE	COM	53.34K	SH	$5.52M 0.78%	53.34K	0.00
PIMCO EQUITY SERSOLE	RAFI DYN ML US	97.03K	SH	$5.46M 0.77%	74.65K	22.38K
NVIDIA CORPORATIONSOLE	COM	28.53K	SH	$5.32M 0.75%	16.53K	12.01K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	6.02K	SH	$3.69M 0.52%	1.83K	4.19K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	120.21K	SH	$3.09M 0.44%	106.84K	13.37K
SPDR INDEX SHS FDSSOLE	PORTFLI MSCI GBL	40.33K	SH	$3.02M 0.43%	29.62K	10.71K
PNC FINL SVCS GROUP INCSOLE	COM	14.64K	SH	$2.94M 0.42%	8.14K	6.50K
AMAZON COM INCSOLE	COM	12.32K	SH	$2.71M 0.38%	8.39K	3.93K

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