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.
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.
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.
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.
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.
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 | |||