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Livermore
Livermore
ZHEN

Financial Consulate, Inc

SEC CIK
0001624510
Latest filing
Jul 23, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Jan 22, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
1,339
+186 vs. Q3 2025
Portfolio value
$731.4M
+$23.2M (+3.3%) vs. Q3 2025
Filed
Jan 22, 2026
SEC
Holdings of Financial Consulate, Inc in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Schwab U.S. Large-Cap ETF808524201ETF5,201,944$140.0M19.1%+68,869+1.3%Added–
Dimensional ETF Trust25434V831US HIGH PROF ETF1,988,141$75.6M10.3%+11,886+0.6%Added–
PIMCO Equity Ser72202L371RAFI DYN MULTI1,669,238$64.1M8.8%+43,969+2.7%Added–
Schwab International Equity ETF808524805ETF1,823,619$43.8M6.0%+9,562+0.5%Added–
Dimensional ETF Trust25434V765INTL HIGH PROFIT1,195,150$37.8M5.2%+15,526+1.3%Added–
Dimensional U.S. Small Cap ETF25434V500ETF424,499$29.6M4.0%+7,576+1.8%Added–
Vanguard Malvern FDS922020805STRM INFPROIDX557,604$27.6M3.8%+64,482+13.1%Added–
Schwab Strategic Tr808524789FUNDAMENTAL US B1,019,275$27.1M3.7%−204,030−16.7%Reduced–
Schwab US Dividend Equity ETF808524797ETF794,902$21.8M3.0%+6,831+0.9%Added–
Franklin Templeton ETF Tr35473P884US MID CP MLTFCT380,180$21.4M2.9%+16,033+4.4%Added–
AAPLApple Inc.Stock78,098$21.2M2.9%−526−0.7%ReducedHistory
T Rowe Price Exchange-Traded87283Q867CAP APPRECIATION441,925$16.9M2.3%−14,566−3.2%Reduced–
Schwab Fundamental Emerging Markets Equity ETF808524730ETF441,510$15.9M2.2%+441,510New–
MKCMcCormick & Co IncStock183,409$12.5M1.7%−290−0.2%ReducedHistory
Pgim ETF Tr69344A107PGIM ULTRA SH BD229,710$11.4M1.6%−20,708−8.3%Reduced–
Schwab Fundamental International Equity ETF808524755ETF234,290$10.6M1.4%−5,391−2.2%Reduced–
State Street SPDR S&P Emerging Asia Pacific ETF78463X301ETF67,018$9.30M1.3%+2,412+3.7%Added–
PATKPatrick Industries IncCOM52,645$5.71M0.8%−696−1.3%ReducedHistory
NVDANVIDIA CorpStock27,400$5.11M0.7%−1,134−4.0%ReducedHistory
PIMCO Equity Ser72202L363RAFI DYN ML US76,168$4.31M0.6%−20,867−21.5%Reduced–
MSFTMicrosoft CorpStock8,313$4.02M0.5%−7,877−48.7%ReducedHistory
Vanguard S&P 500 ETF922908363ETF5,972$3.75M0.5%−50−0.8%Reduced–
SPDR Index Shs FDS78463X475ST STR MSCI GLB44,796$3.44M0.5%+4,470+11.1%Added–
Schwab U.S. Broad Market ETF808524102ETF110,723$2.90M0.4%−9,487−7.9%Reduced–
AMZNAmazon Com IncStock11,774$2.72M0.4%−548−4.4%ReducedHistory
PNCPNC Financial Services Group, Inc.Stock12,423$2.59M0.4%−2,215−15.1%ReducedHistory
iShares Core S&P 500 ETF464287200ETF3,773$2.58M0.4%−42−1.1%Reduced–
TXG10x Genomics, Inc.CL A COM156,457$2.55M0.3%00.0%UnchangedHistory
Dimensional U.S. Targeted Value ETF25434V609ETF41,870$2.49M0.3%+2,832+7.3%Added–
GOOGAlphabet Inc.Stock7,301$2.29M0.3%−415−5.4%ReducedHistory
GOOGLAlphabet Inc.Stock6,110$1.91M0.3%+115+1.9%AddedHistory
Schwab U.S. Large-Cap Growth ETF808524300ETF58,288$1.90M0.3%+34+0.1%Added–
LMTLockheed Martin CorpStock3,412$1.65M0.2%−19−0.6%ReducedHistory
MLCIMount Logan Capital Inc.COM187,908$1.55M0.2%−13,990−6.9%ReducedHistory
Vanguard Information Technology ETF92204A702ETF1,999$1.51M0.2%00.0%Unchanged–
MAMastercard IncStock2,560$1.46M0.2%−251−8.9%ReducedHistory
RTXRTX CorpStock7,830$1.44M0.2%−82−1.0%ReducedHistory
LLYEli Lilly & CoStock1,235$1.33M0.2%+6+0.5%AddedHistory
JPMJPMorgan Chase & CoStock4,028$1.30M0.2%−1,483−26.9%ReducedHistory
CATCaterpillar IncStock2,213$1.27M0.2%+22+1.0%AddedHistory
CEGConstellation Energy CorpStock3,506$1.24M0.2%+90+2.6%AddedHistory
XOMExxonMobil Holdings CorpCOM9,766$1.18M0.2%+221+2.3%AddedHistory
TSLATesla, Inc.Stock2,600$1.17M0.2%+182+7.5%AddedHistory
SCHWSchwab Charles CorpStock11,193$1.12M0.2%+6+0.1%AddedHistory
PGProcter & Gamble CoStock7,656$1.10M0.2%−564−6.9%ReducedHistory
iShares Tr464287150CORE S&P TTL STK7,293$1.08M0.1%−1,727−19.1%Reduced–
BRK.BBerkshire Hathaway IncStock2,155$1.08M0.1%+7+0.3%AddedHistory
SPDR Index Shs FDS78463X848ST STR ACWI ETF30,097$1.08M0.1%−74−0.2%Reduced–
COSTCostco Wholesale CorpStock1,237$1.07M0.1%−46−3.6%ReducedHistory
VVisa Inc.Stock2,881$1.01M0.1%−384−11.8%ReducedHistory
UPSUnited Parcel Service IncStock9,841$976.1K0.1%+784+8.7%AddedHistory
Bandwidth Inc.05988JAD5NOTE 0.500% 4/01,112,000$972.4K0.1%+419,000+60.5%Added–
TJXTJX Companies IncStock6,297$967.2K0.1%−119−1.9%ReducedHistory
DOCUDocuSign, Inc.Stock14,073$962.6K0.1%−1,581−10.1%ReducedHistory
MGP Ingredients Inc55303JAB2NOTE 1.875%11/1987,000$955.0K0.1%+144,000+17.1%Added–
Pennymac Corp70932AAF0NOTE 5.500% 3/1932,000$954.6K0.1%−29,000−3.0%Reduced–
Blackstone Mortgage Trust IN09257WAE0NOTE 5.500% 3/1953,000$947.8K0.1%−32,000−3.2%Reduced–
MRKMerck & Co., Inc.Stock8,703$916.1K0.1%−164−1.8%ReducedHistory
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1894,000$863.6K0.1%−31,000−3.4%Reduced–
FASTFastenal CoStock20,535$824.1K0.1%00.0%UnchangedHistory
DHRDanaher CorpStock3,300$755.5K0.1%−453−12.1%ReducedHistory
BRK.ABerkshire Hathaway IncCL A1$754.8K0.1%00.0%UnchangedHistory
HDHome Depot, Inc.Stock2,126$731.6K0.1%+17+0.8%AddedHistory
MCDMcDonalds CorpStock2,350$718.2K0.1%−93−3.8%ReducedHistory
JNJJohnson & JohnsonStock3,355$694.3K0.1%−9−0.3%ReducedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF2,066$692.6K0.1%+75+3.8%Added–
Schwab U.S. Mid-Cap ETF808524508ETF22,965$690.5K0.1%−247−1.1%Reduced–
ABBVAbbVie Inc.Stock3,008$687.3K0.1%−151−4.8%ReducedHistory
HEI.AHeico CorpCL A2,596$655.3K0.1%−584−18.4%ReducedHistory
HPEHewlett Packard Enterprise CoCOM27,168$652.6K0.1%−62−0.2%ReducedHistory
UBERUber Technologies, IncStock7,808$638.0K0.1%−1,283−14.1%ReducedHistory
IBMInternational Business Machines CorpStock2,096$621.0K0.1%+142+7.3%AddedHistory
Snap Inc83304AAF3NOTE 5/0655,000$608.7K0.1%−26,000−3.8%Reduced–
Summit Hotel Pptys Inc866082AA8NOTE 1.500% 2/1599,000$595.0K0.1%00.0%Unchanged–
METAMeta Platforms, Inc.Stock887$585.6K0.1%+40+4.7%AddedHistory
CSXCSX CorpStock15,875$575.5K0.1%−1,350−7.8%ReducedHistory
Redfin Corp75737FAE8NOTE 0.500% 4/0612,000$574.1K0.1%+29,000+5.0%Added–
CVXChevron CorpStock3,717$566.6K0.1%+27+0.7%AddedHistory
TAT&T Inc.Stock21,910$544.3K0.1%+669+3.1%AddedHistory
ISRGIntuitive Surgical IncCOM NEW954$540.3K0.1%−229−19.4%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF5,203$519.7K0.1%00.0%Unchanged–
URIUnited Rentals, Inc.COM634$513.1K0.1%+130+25.8%AddedHistory
Vanguard Total International Bond ETF92203J407ETF10,526$508.6K0.1%00.0%Unchanged–
iShares Russell 1000 Growth ETF464287614ETF1,070$506.4K0.1%00.0%Unchanged–
TDGTransDigm Group INCCOM373$496.0K0.1%−79−17.5%ReducedHistory
Vanguard Industrials ETF92204A603ETF1,656$494.2K0.1%+82+5.2%Added–
PEPPepsiCo IncStock3,430$492.3K0.1%−74−2.1%ReducedHistory
EXCExelon CorpStock11,284$491.9K0.1%+1,323+13.3%AddedHistory
NOWServiceNow, Inc.Stock3,180$487.1K0.1%+125+4.1%AddedConverted for a 5-for-1 splitHistory
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF4,065$485.4K0.1%−39−1.0%ReducedConverted for a 2-for-1 split–
MPWRMonolithic Power Systems, Inc.COM528$478.6K0.1%−111−17.4%ReducedHistory
VMCVulcan Materials COCOM1,630$464.9K0.1%−362−18.2%ReducedHistory
CBRECbre Group, Inc.CL A2,865$460.7K0.1%−597−17.2%ReducedHistory
Schwab US Aggregate Bond ETF808524839ETF19,368$452.6K0.1%+200+1.0%Added–
ASMLASML Holding NVADR420$449.3K0.1%−76−15.3%ReducedHistory
CDNSCadence Design Systems IncStock1,331$416.0K0.1%−287−17.7%ReducedHistory
iShares Core S&P Small Cap ETF464287804ETF3,428$412.0K0.1%+602+21.3%Added–
MRSHMarsh & McLennan Companies, Inc.Stock2,218$411.5K0.1%+2,188+7,293.3%AddedHistory
VEEVVeeva Systems IncStock1,769$394.9K0.1%−376−17.5%ReducedHistory
CORCencora, Inc.Stock1,159$391.5K0.1%+1+0.1%AddedHistory

Sold out since Q3 2025 (124)

Positions held at the end of Q3 2025 that are gone from this filing.

The largest 100 of 124 by value last quarter.

Positions of Financial Consulate, Inc sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
Schwab Intermediate-Term US Treasury ETF808524854ETF86,422$2.17M0.3%–
FuboTV Inc.35953DAB0NOTE 3.250% 2/1911,000$901.1K0.1%–
ARKBArk 21Shares Bitcoin ETFSHS BEN INT1,818$69.1K<0.1%History
WULFTerawulf Inc.COM5,000$57.1K<0.1%History
CALMCal-Maine Foods IncCOM NEW600$56.5K<0.1%History
FFBCFirst Financial BancorpCOM1,856$46.9K<0.1%History
ADBEAdobe Inc.Stock105$37.0K<0.1%History
BFAMBright Horizons Family Solutions Inc.COM235$25.5K<0.1%History
CLFCleveland-Cliffs Inc.COM2,000$24.4K<0.1%History
iShares Tr46436E7180-3 MTH TREASURY213$21.4K<0.1%–
WisdomTree Tr97717Y527FLOATNG RAT TREA425$21.4K<0.1%–
iShares Ibonds Dec 2025 Term Corporate ETF46434VBD1ETF830$20.9K<0.1%–
iShares Tr46429B655FLTG RATE NT ETF409$20.9K<0.1%–
Janus Detroit STR Tr47103U845HENDRSON AAA CL411$20.9K<0.1%–
AMCRAmcor plcORD2,500$20.4K<0.1%History
ESNTEssent Group Ltd.COM230$14.6K<0.1%History
GFSGLOBALFOUNDRIES Inc.Stock360$12.9K<0.1%History
DLRDigital Realty Trust, Inc.COM50$8.64K<0.1%History
NEANuveen AMT-Free Quality Municipal Income FundCOM751$8.55K<0.1%History
SPRSpirit AeroSystems Holdings, Inc.COM CL A212$8.18K<0.1%History
ULUnilever PLCSPON ADR NEW111$6.60K<0.1%History
iShares Core Dividend Growth ETF46434V621ETF94$6.40K<0.1%–
Simplify Exchange Traded Fun82889N772HEALTH CARE ETF200$6.34K<0.1%–
Vanguard Morningstar Small-Cap Value ETF922908611ETF28$5.84K<0.1%–
WisdomTree Tr97717W703INTL EQUITY FD82$5.45K<0.1%–
iShares Tr464287184CHINA LG-CAP ETF111$4.57K<0.1%–
State Street SPDR S&P Regional Banking ETF78464A698ETF72$4.56K<0.1%–
GLBZGlen Burnie BancorpCOM964$4.43K<0.1%History
CHNChina Fund, Inc.COM233$4.30K<0.1%History
iShares Tr464288877EAFE VALUE ETF54$3.66K<0.1%–
DNAGinkgo Bioworks Holdings, Inc.CL A NEW250$3.65K<0.1%History
TEAMAtlassian CorpCL A22$3.51K<0.1%History
iShares Tr4642886613 7 YR TREAS BD28$3.35K<0.1%–
EMBCEmbecta Corp.Stock235$3.32K<0.1%History
Vanguard Mun BD FDS922907746TAX EXEMPT BD65$3.25K<0.1%–
VMEOVimeo, Inc.COMMON STOCK405$3.14K<0.1%History
ABNBAirbnb, Inc.Stock23$2.79K<0.1%History
SPDR Series Trust78464A151SST SPDR BLOOMBE74$2.39K<0.1%–
SPDR Series Trust78464A516ST INTL BBG ETF103$2.37K<0.1%–
KKellanovaStock28$2.30K<0.1%History
VNTVontier CorpStock42$1.76K<0.1%History
HSICHenry Schein IncCOM21$1.39K<0.1%History
DTEDte Energy CoCOM8$1.13K<0.1%History
COOPMaverick Merger Sub 2, LLCCOM5$1.05K<0.1%History
AGOAssured Guaranty LtdCOM12$1.02K<0.1%History
ACHCAcadia Healthcare Company, Inc.COM41$1.02K<0.1%History
TFXTeleflex IncCOM8$979<0.1%History
CCKCrown Holdings, Inc.COM10$966<0.1%History
ALEAllete IncCOM NEW14$930<0.1%History
WBSWebster Financial CorpCOM15$892<0.1%History
RITMRithm Capital Corp.REIT78$889<0.1%History
SEICSEI Investments CoCOM10$849<0.1%History
CECelanese CorpStock20$842<0.1%History
COLDAmericold Realty TrustCOM66$808<0.1%History
EQIXEquinix IncCOM1$784<0.1%History
AXONAxon Enterprise, Inc.COM1$718<0.1%History
EGEverest Group, Ltd.COM2$701<0.1%History
GGGGraco IncCOM8$680<0.1%History
CUBICustomers Bancorp, Inc.COM10$654<0.1%History
OGEOGE Energy Corp.COM14$648<0.1%History
NLYAnnaly Capital Management IncREIT32$647<0.1%History
EHCEncompass Health CorpCOM5$636<0.1%History
HRTXHeron Therapeutics, Inc.COM500$630<0.1%History
PSAPublic StorageCOM2$578<0.1%History
CERTCertara, Inc.COM46$563<0.1%History
PRIPrimerica, Inc.Stock2$556<0.1%History
AAPAdvance Auto Parts IncCOM9$553<0.1%History
GOGrocery Outlet Holding Corp.COM34$546<0.1%History
SJMJ M SMUCKER CoStock5$543<0.1%History
SESea LtdSPONSORD ADS3$537<0.1%History
VMRKVivmark ResidentialSH BEN INT8$518<0.1%History
OZKBank OZKCOM10$510<0.1%History
HSTMHealthstream IncCOM18$509<0.1%History
UPSTUpstart Holdings, Inc.COM10$508<0.1%History
TRUTransUnionCOM6$503<0.1%History
DOVDOVER CorpCOM3$501<0.1%History
ETDEthan Allen Interiors IncCOM17$501<0.1%History
LSTRLandstar System IncCOM4$491<0.1%History
CUBECubeSmartREIT12$488<0.1%History
AMNAmn Healthcare Services IncCOM25$484<0.1%History
IIPRInnovative Industrial Properties IncCOM9$483<0.1%History
AMSFAmerisafe IncCOM11$483<0.1%History
HIWHighwoods Properties, Inc.COM15$478<0.1%History
RPAYRepay Holdings CorpCOM CL A91$476<0.1%History
WYWeyerhaeuser CoCOM NEW19$472<0.1%History
INVHInvitation Homes Inc.COM16$470<0.1%History
VVVValvoline IncCOM13$467<0.1%History
LINELineage, Inc.COM12$464<0.1%History
CNSCohen & Steers, Inc.COM7$460<0.1%History
CZRCaesars Entertainment, Inc.COM17$460<0.1%History
SGRYSurgery Partners, Inc.Stock21$455<0.1%History
MANManpowerGroup Inc.COM12$455<0.1%History
WABCWestamerica BancorporationCOM9$450<0.1%History
SFDSmithfield Foods IncCOM19$447<0.1%History
RXORXO, Inc.COMMON STOCK29$447<0.1%History
WWayfair Inc.CL A5$447<0.1%History
CBRLCracker Barrel Old Country Store, IncCOM10$441<0.1%History
ALEXAlexander & Baldwin, Inc.COM24$437<0.1%History
APAMArtisan Partners Asset Management Inc.CL A10$434<0.1%History
ASHAshland Inc.COM9$432<0.1%History