BD

Black Diamond Financial, LLC

Diversified strategyMomentum followerLong-term holder

Total reported value

$916.5M

Reporting period: 2026-03-31 · Number of holdings: 185

Black Diamond Financial, LLC disclosed 185 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $916.5M and a quarterly turnover rate of 12.7%.

Personality snowflake

Concentration
15.32
Portfolio Stability
12.7
Momentum/Contrarian
100
Sector conviction
48.9
Diversification
100
Sizing Uniformity
75.26

Recent moves

  • Trim VUG

    -26.2%　-$15.2M

  • Trim MGK

    -5.4%　-$14.3M

  • Trim VTV

    -33.2%　-$8.1M

  • Add SCHV

    +3.3%　$2.6M

  • Add LIND

    0.0%　$3.1M

  • Add AGG

    +5.3%　$2.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MGVVanguard Mega Cap Value ETFETF-Other11.66%+0.10%-5.11%
2MGKVanguard Mega Cap Growth ETFETF-Other8.36%-1.23%-5.36%
3AGGIshares Core U.s. AggregateETF-Other4.87%+0.38%+5.34%
4SCHVSchwab US Large-cap ValueETF-Other4.70%+0.44%+3.29%
5SPTISs Spdr P Int Term Tsy ETFETF-Other4.65%+0.34%+4.84%
6SCHGSchwab US Large-cap GrowthETF-Other4.01%-0.02%+7.57%
7VUGVanguard Growth ETFETF-Other3.23%-1.50%-26.20%
8SCHFSchwab Intl Equity ETFETF-Other3.03%+0.28%+3.36%
9MGCVanguard Mega Cap ETFETF-Other2.89%-0.10%-0.88%
10FRELFidelity Msci Rl Est IndxETF-Other2.43%+0.30%+9.89%
11IGIBIshares 5-10y Inv Grade CORPETF-Corp Bonds2.42%+0.15%+4.49%
12VOTVanguard Mid-cap Growth ETFETF-Other2.33%-0.13%-0.55%
13SCHXSchwab US Large-cap ETFETF-Other2.20%-0.06%-1.20%
14LINDLindblad Expeditions HoldingStock-Other2.02%+0.40%—
15IMCVIshares Morningstar Mid-capETF-Other2.01%—-2.47%
16MUBIshares National Muni Bond EETF-Other1.95%+0.26%+12.62%
17IGSBIshares 1-5y Inv Grade CORPETF-Other1.94%+0.24%+11.05%
18VTVVanguard Value ETFETF-Other1.93%-0.78%-33.19%
19SCHOSchwab Short-term US TreasETF-Other1.91%+0.12%+3.71%
20VBRVanguard Small-cap Value ETFETF-Other1.76%+0.15%+2.37%
21VOVanguard Mid-cap ETFETF-Other1.35%—+0.09%
22VEAVanguard Ftse Developed ETFETF-Other1.30%+0.11%+3.03%
23IEMGIshares Core Msci EmergingETF-Emerging Markets1.28%+0.17%+7.07%
24ISCGIshares Morningstar Small-caETF-Other1.05%-0.18%-16.07%
25AAPLApple INCStock-Tech1.04%—+6.43%
26VBVanguard Small-cap ETFETF-Other1.02%—-1.89%
27SCHMSchwab US Mid Cap ETFETF-Other0.90%—+0.00%
28VTIVanguard Total Stock Mkt ETFETF-Other0.84%—+1.27%
29VBKVanguard Small-cap Grwth ETFETF-Other0.84%-0.01%-4.24%
30RSPInvesco S&p 500 Equal WeightETF-Large Cap & Growth0.83%+0.15%+17.94%
31VOOVanguard S&p 500 ETFETF-Large Cap & Growth0.77%+0.07%+11.73%
32SCHASchwab US Small-cap ETFETF-Other0.74%—-1.70%
33IVVIshares Core S&p 500 ETFETF-Large Cap & Growth0.71%—+9.81%
34VVVanguard Large-cap ETFETF-Other0.62%—+0.01%
35VOEVanguard Mid-cap Value ETFETF-Other0.62%-0.07%-15.81%
36VEUVanguard Ftse All-world Ex-uETF-Other0.62%+0.07%+5.92%
37VCSHVanguard S/t CORP Bond ETFETF-Corp Bonds0.59%-0.03%-7.33%
38QQQInvesco Qqq Trust Series 1ETF-Tech0.55%+0.55%NEW
39VNQVanguard Real Estate ETFETF-Other0.48%—+1.04%
40SDYSs Spdr S&p Dividend ETFETF-Other0.45%—-0.09%
41MSFTMicrosoft CORPStock-Tech0.43%-0.10%+3.18%
42SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth0.42%—+14.18%
43NVDANvidia CORPStock-Tech0.37%—+7.02%
44IMCGIshares Morningstar Mid-capETF-Other0.37%-0.03%-10.20%
45GOOGAlphabet Inc-cl CStock-Comm Services0.37%—+1.78%
46AMZNAmazon.com INCStock-Consumer Disc0.32%—+7.59%
47IJRIshares Core S&p Small-cap EETF-Small Cap0.31%-0.12%-34.06%
48JPMJpmorgan Chase & CoStock-Financials0.30%—+0.10%
49GOOGLAlphabet Inc-cl AStock-Comm Services0.29%—+2.54%
50BRK-BBerkshire Hathaway Inc-cl BStock-Other0.28%—+2.44%
1–50 of 185

Holding changes this quarter

Black Diamond Financial, LLC's most significant position changes for 2026-03-31: Sold out: Ss Spdr P S&p 1500 Comp ETF (SPTM); New buy: Invesco Qqq Trust Series 1 (QQQ); Sold out: Dimensional US Eq Mkt ETF (DFUS); New buy: Planet Labs Pbc (PL); New buy: Sprott Physical Gold Trust (PHYS).

Position changes disclosed by Black Diamond Financial, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SCHVSchwab US Large-cap Value+0.4%+3.29%Add
2LINDLindblad Expeditions Holding+0.4%—Unchanged
3AGGIshares Core U.s. Aggregate+0.4%+5.34%Add
4SPTISs Spdr P Int Term Tsy ETF+0.3%+4.84%Add
5FRELFidelity Msci Rl Est Indx+0.3%+9.89%Add
6SCHFSchwab Intl Equity ETF+0.3%+3.36%Add
7MUBIshares National Muni Bond E+0.3%+12.62%Add
8IGSBIshares 1-5y Inv Grade CORP+0.2%+11.05%Add
9IEMGIshares Core Msci Emerging+0.2%+7.07%Add
10RSPInvesco S&p 500 Equal Weight+0.2%+17.94%Add
11VBRVanguard Small-cap Value ETF+0.2%+2.37%Add
12IGIBIshares 5-10y Inv Grade CORP+0.2%+4.49%Add
13SCHOSchwab Short-term US Treas+0.1%+3.71%Add
14VEAVanguard Ftse Developed ETF+0.1%+3.03%Add
15MGVVanguard Mega Cap Value ETF+0.1%-5.11%Trim
16PLTRPalantir Technologies Inc-a+0.1%+310.47%Add
17VOOVanguard S&p 500 ETF+0.1%+11.73%Add
18VEUVanguard Ftse All-world Ex-u+0.1%+5.92%Add
19DIASs Spdr Dow Jones Indus Avg+0.1%+168.83%Add
20XOMExxon Mobil CORP+0.1%+9.24%Add
21CATCaterpillar INC0%+31.94%Add
22VBKVanguard Small-cap Grwth ETF0%-4.24%Trim
23SCHGSchwab US Large-cap Growth0%+7.57%Add
24VCSHVanguard S/t CORP Bond ETF0%-7.33%Trim
25IMCGIshares Morningstar Mid-cap0%-10.20%Trim
26CEGConstellation Energy0%+0.07%Add
27SCHXSchwab US Large-cap ETF-0.1%-1.20%Trim
28VOEVanguard Mid-cap Value ETF-0.1%-15.81%Trim
29LLYEli Lilly & Co-0.1%-27.05%Trim
30MGCVanguard Mega Cap ETF-0.1%-0.88%Trim
31MSFTMicrosoft CORP-0.1%+3.18%Add
32IJRIshares Core S&p Small-cap E-0.1%-34.06%Trim
33VOTVanguard Mid-cap Growth ETF-0.1%-0.55%Trim
34ISCGIshares Morningstar Small-ca-0.2%-16.07%Trim
35ISCVIshares Morningstar Small-ca-0.2%-57.55%Trim
36VTVVanguard Value ETF-0.8%-33.19%Trim
37MGKVanguard Mega Cap Growth ETF-1.2%-5.36%Trim
38VUGVanguard Growth ETF-1.5%-26.20%Trim
39SPTMSs Spdr P S&p 1500 Comp ETF—EXITSold out
40QQQInvesco Qqq Trust Series 1—NEWNew buy
41DFUSDimensional US Eq Mkt ETF—EXITSold out
42PLPlanet Labs Pbc—NEWNew buy
43PHYSSprott Physical Gold Trust—NEWNew buy
44PSLVSprott Physical Silver Trust—NEWNew buy
45SMHVaneck Semiconductor ETF—EXITSold out
46RTXRtx CORP—NEWNew buy
47IWDIshares Russell 1000 Value E—NEWNew buy
48XARSs Spdr S&p Aerospace Def—EXITSold out
49SSBSouthstate Bank CORP—EXITSold out
50MLPAGlobal X Mlp ETF—EXITSold out

FAQ

What is Black Diamond Financial, LLC and what type of investor is it?
Black Diamond Financial, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $916.5M, spread across 185 disclosed positions.
What are Black Diamond Financial, LLC's largest equity positions?
Based on the latest 13F filing, Black Diamond Financial, LLC's top holdings by market value are: 1. Vanguard Mega Cap Value ETF (MGV) — $106.9M (11.7%) 2. Vanguard Mega Cap Growth ETF (MGK) — $76.6M (8.4%) 3. Ishares Core U.s. Aggregate (AGG) — $44.6M (4.9%) 4. Schwab US Large-cap Value (SCHV) — $43.0M (4.7%) 5. Ss Spdr P Int Term Tsy ETF (SPTI) — $42.6M (4.7%)
What changes did Black Diamond Financial, LLC make in its most recent portfolio filing?
In the latest reported quarter, Black Diamond Financial, LLC made 49 notable position adjustments: 6 new positions were initiated, 22 existing holdings were added to, 15 positions were partially reduced, and 6 were completely exited. The largest of these moves: Sold out: Ss Spdr P S&p 1500 Comp ETF (SPTM); New buy: Invesco Qqq Trust Series 1 (QQQ); Sold out: Dimensional US Eq Mkt ETF (DFUS); New buy: Planet Labs Pbc (PL); New buy: Sprott Physical Gold Trust (PHYS)
What sectors does Black Diamond Financial, LLC focus on?
Black Diamond Financial, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 29.4% • Financials: 17.1% • Industrials: 12.7% • Communication Services: 11.0% • Consumer Discretionary: 8.4% • Health Care: 8.3%