Financial Consulate, Inc 13F annual report

Financial Consulate, Inc is an investment fund managing more than $226 billion ran by Michael Mccarthy. There are currently 16 companies in Mr. Mccarthy’s portfolio. The largest investments include Schwab Strategic Tr and Dimensional Etf Trust, together worth $156 billion.

$226 billion Assets Under Management (AUM)

As of 17th October 2023, Financial Consulate, Inc’s top holding is 2,878,974 shares of Schwab Strategic Tr currently worth over $130 billion and making up 57.3% of the portfolio value. In addition, the fund holds 1,002,335 shares of Dimensional Etf Trust worth $25.7 billion. The third-largest holding is Pimco Equity Ser worth $23.5 billion and the next is Vanguard Malvern Fds worth $17.8 billion, with 375,869 shares owned.

Currently, Financial Consulate, Inc's portfolio is worth at least $226 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Financial Consulate, Inc

The Financial Consulate, Inc office and employees reside in Hunt Valley, Maryland. According to the last 13-F report filed with the SEC, Michael Mccarthy serves as the CEO, President, and CCO at Financial Consulate, Inc.

Recent trades

In the most recent 13F filing, Financial Consulate, Inc revealed that it had opened a new position in Pimco Equity Ser and bought 867,352 shares worth $23.5 billion.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 16,501 additional shares. This makes their stake in Dimensional Etf Trust total 1,002,335 shares worth $25.7 billion.

On the other hand, there are companies that Financial Consulate, Inc is getting rid of from its portfolio. Financial Consulate, Inc closed its position in Spdr Index Shs Fds on 23rd October 2023. It sold the previously owned 35,020 shares for $1.14 billion. Michael Mccarthy also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%. This leaves the value of the investment at $130 billion and 2,878,974 shares.

One of the smaller hedge funds

The two most similar investment funds to Financial Consulate, Inc are Terril Brothers, Inc and Milestone Asset Management. They manage $227 billion and $226 billion respectively.

The complete list of Financial Consulate, Inc trades based on 13F SEC filings

These positions were updated on October 23rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Schwab Strategic Tr	0.68% 2,878,974	$129,847,003,000	57.33%
Dimensional Etf Trust	1.67% 1,002,335	$25,749,981,000	11.37%
Pimco Equity Ser	Opened 867,352	$23,461,872,000	10.36%
Vanguard Malvern Fds	1.60% 375,869	$17,771,086,000	7.85%
Spdr Index Shs Fds	84.89% 153,364	$9,381,363,000	4.14%
Spdr Ser Tr	14.24% 130,997	$8,220,420,000	3.63%
Ishares Tr	1.69% 41,429	$6,142,488,000	2.71%
180 Degree Cap Corp	4.00% 468,770	$1,987,585,000	0.88%
Spdr Index Shs Fds	Closed 35,020	$1,139,551,000
Ally Finl Inc	Closed 27,937	$754,592,000
Vanguard Index Fds	10.91% 2,858	$944,268,000	0.42%
Sp Global Inc	Closed 1,823	$730,823,000
Vanguard World Fds	4.58% 2,751	$915,471,000	0.40%
Vanguard Charlotte Fds	No change 11,068	$529,383,000	0.23%
Ishares Tr	Closed 8,338	$603,832,000
Select Sector Spdr Tr	No change 2,249	$362,122,000	0.16%
Schwab Strategic Tr	Opened 4,738	$344,541,000	0.15%
Exelon Corp.	Closed 8,101	$330,038,000
Vanguard World Fds	Opened 1,634	$318,598,000	0.14%
Ishares Tr	Opened 1,108	$294,717,000	0.13%
Monolithic Pwr Sys Inc	Closed 404	$218,253,000
Vanguard Bd Index Fds	Opened 2,885	$201,316,000	0.09%
No transactions found
Showing first 500 out of 22 holdings