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Black Diamond Financial, LLC — 13F Holdings & Portfolio

CIK 1759236 · latest 13F-HR filed 2026-08-04

Backtest portfolio

Black Diamond Financial, LLC manages $1.13B in 13F-reported U.S. long-equity assets across 198 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MGV (10.91%), MGK (8.50%), SCHV (5.40%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 7; 120 existing positions rose in reported value and 31 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$1.13B

Long-equity book

Holdings
198

Distinct positions

Period
2026-06-30

Filed 2026-08-04

Q/Q Activity
+20 / −7 / ↑120 / ↓31

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
MGV10.9% · +3%MGK8.5% · +426%SCHV5.4% · +25%SCHG5.3% · +41%AGG4.1% · +6%SPTI3.9% · +6%MGC3.6% · +34%VUG3.1% · +492%SCHF2.9% · +6%VOT2.4% · +9%LIND2.4% · -10%FREL2.3% · +8%IGIB2.1% · +6%SCHX2.0% · -0%IMCV2.0% · +13%VTI1.8% · +128%SCHO1.8% · +14%VTV1.7% · -0%IGSB1.7% · +9%MUB1.7% · +6%VBR1.7% · +5%IEMG1.3% · +10%VO1.3% · +331%VV1.2% · +104%VEA1.2% · +0%VB1.2% · +21%ISCG1.1% · +10%SCHM1.1% · +21%AAPL1.0% · +0%VBK0.9% · +13%SCHA0.7% · -1%VOO0.7% · -2%RSP0.7% · -9%IVV0.6% · -6%VEU0.6% · +4%SPY0.6% · +45%VOE0.5% · +1%QQQ0.5% · -6%VCSH0.5% · -4%VNQ0.5% · +8%VYM0.4% · +193%IMCG0.4% · +1%GOOG0.4% · -0%MSFT0.4% · +1%SDY0.3% · -10%NVDA0.3% · -3%GOOGL0.3% · +4%IJR0.3% · +2%AMZN0.3% · +1%JPM0.3% · -0%VGT0.3% · +720%XLK0.3% · +5%BRK.B0.2% · +2%SCHH0.2% · +1%VIG0.2% · -0%IJH0.2% · +307%IEFA0.2% · 0%CORT0.2% · +236%PHYS0.2% · +56%MA0.2% · -1%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 50.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 23, 2026.

Assets Under Management
$1.37B
Discretionary
$1.23B
Employees
17
Accounts
1,261
Address
2330 WEST JOPPA ROAD
SUITE 320
LUTHERVILLE, MD 21093
Phone
(443) 841-7772
Website
Name Title / Status Ownership Type
DRYDEN CAPITAL MANAGEMENT TRUST ControlOWNER
since Apr 2013
25–50%Domestic Entity
GOETTE, MATTHEW, PAUL ControlMEMBER/CHIEF COMPLIANCE OFFICER
since Aug 2007
50–75%Individual
DRYDEN, LINDSAY, DYSON Control
Indirect owner via DRYDEN CAPITAL MANAGEMENT TRUST
TRUSTEE
since Apr 2013
75% or moreIndividual
Ownership & leadership changes · 1 filing with changes since Apr 15, 2015

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Apr 17, 2015 filing
  • ChangedDRYDEN, LINDSAY, DYSON · indirect via DRYDEN CAPITAL MANAGEMENT TRUST: title OWNER → TRUSTEE
Apr 15, 2015 filing (earliest on record)
  • ListedDRYDEN CAPITAL MANAGEMENT TRUST · OWNER · 25–50% · control person
  • ListedDRYDEN, LINDSAY, DYSON · OWNER · 75% or more · indirect via DRYDEN CAPITAL MANAGEMENT TRUST · control person
  • ListedGOETTE, MATTHEW, PAUL · MEMBER/CHIEF COMPLIANCE OFFICER · 50–75% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Black Diamond Financial, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD WORLD FD MGV 921910840 $123.8M 10.91% 757,229 SH
2 VANGUARD WORLD FD MGK 921910816 $96.4M 8.50% 1,096,819 SH
3 SCHWAB STRATEGIC TR SCHV 808524409 $61.2M 5.40% 1,759,449 SH
4 SCHWAB STRATEGIC TR SCHG 808524300 $60.3M 5.31% 1,780,462 SH
5 ISHARES TR AGG 464287226 $47.0M 4.14% 474,608 SH
6 SPDR SERIES TRUST SPTI 78464A672 $44.5M 3.93% 1,568,643 SH
7 VANGUARD WORLD FD MGC 921910873 $41.0M 3.62% 149,997 SH
8 VANGUARD INDEX FDS VUG 922908736 $34.6M 3.05% 401,654 SH
9 SCHWAB STRATEGIC TR SCHF 808524805 $32.8M 2.89% 1,184,331 SH
10 VANGUARD INDEX FDS VOT 922908538 $27.7M 2.44% 90,277 SH
11 LINDBLAD EXPEDITIONS HLDGS I LIND 535219109 $27.1M 2.39% 959,964 SH
12 FIDELITY COVINGTON TRUST FREL 316092857 $26.3M 2.32% 897,336 SH
13 ISHARES TR IGIB 464288638 $23.5M 2.07% 441,318 SH
14 SCHWAB STRATEGIC TR SCHX 808524201 $23.1M 2.03% 783,753 SH
15 ISHARES TR IMCV 464288406 $22.4M 1.98% 245,612 SH
16 VANGUARD INDEX FDS VTI 922908769 $20.3M 1.79% 54,965 SH
17 SCHWAB STRATEGIC TR SCHO 808524862 $19.8M 1.75% 821,997 SH
18 VANGUARD INDEX FDS VTV 922908744 $19.6M 1.73% 90,032 SH
19 ISHARES TR IGSB 464288646 $19.3M 1.70% 368,663 SH
20 ISHARES TR MUB 464288414 $19.1M 1.69% 177,822 SH
21 VANGUARD INDEX FDS VBR 922908611 $19.0M 1.67% 78,049 SH
22 ISHARES INC IEMG 46434G103 $15.3M 1.35% 184,395 SH
23 VANGUARD INDEX FDS VO 922908629 $15.0M 1.32% 186,080 SH
24 VANGUARD INDEX FDS VV 922908637 $13.4M 1.18% 39,003 SH
25 VANGUARD TAX-MANAGED FDS VEA 921943858 $13.2M 1.17% 185,940 SH
26 VANGUARD INDEX FDS VB 922908751 $13.1M 1.16% 43,280 SH
27 ISHARES TR ISCG 464288604 $12.6M 1.11% 192,806 SH
28 SCHWAB STRATEGIC TR SCHM 808524508 $11.9M 1.05% 323,221 SH
29 APPLE INC AAPL 037833100 $10.9M 0.96% 37,747 SH
30 VANGUARD INDEX FDS VBK 922908595 $10.6M 0.93% 28,893 SH
31 SCHWAB STRATEGIC TR SCHA 808524607 $8.4M 0.74% 232,632 SH
32 VANGUARD INDEX FDS VOO 922908363 $7.9M 0.70% 11,568 SH
33 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $7.6M 0.67% 35,915 SH
34 ISHARES TR IVV 464287200 $7.1M 0.62% 9,428 SH
35 VANGUARD INTL EQUITY INDEX F VEU 922042775 $6.6M 0.58% 78,583 SH
36 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $6.4M 0.56% 8,548 SH
37 VANGUARD INDEX FDS VOE 922908512 $6.2M 0.55% 31,413 SH
38 INVESCO QQQ TR QQQ 46090E103 $6.0M 0.53% 8,161 SH
39 VANGUARD SCOTTSDALE FDS VCSH 92206C409 $5.2M 0.46% 66,007 SH
40 VANGUARD INDEX FDS VNQ 922908553 $5.1M 0.45% 53,345 SH
41 VANGUARD WHITEHALL FDS VYM 921946406 $5.0M 0.44% 31,375 SH
42 ISHARES TR IMCG 464288307 $4.2M 0.37% 42,962 SH
43 ALPHABET INC GOOG 02079K107 $4.1M 0.36% 11,652 SH
44 MICROSOFT CORP MSFT 594918104 $4.0M 0.35% 10,753 SH
45 SPDR SERIES TRUST SDY 78464A763 $3.9M 0.34% 25,615 SH
46 NVIDIA CORPORATION NVDA 67066G104 $3.7M 0.33% 18,715 SH
47 ALPHABET INC GOOGL 02079K305 $3.4M 0.30% 9,639 SH
48 ISHARES TR IJR 464287804 $3.4M 0.30% 23,107 SH
49 AMAZON COM INC AMZN 023135106 $3.3M 0.29% 14,034 SH
50 JPMORGAN CHASE & CO JPM 46625H100 $3.0M 0.27% 9,300 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-04 $1.13B 198 0001759236-26-000004
2026-03-31 2026-05-05 $916.5M 185 0001759236-26-000002
2025-12-31 2026-02-03 $948.6M 176 0001759236-26-000001
Filer Information
Address
305 W PENNSYLVANIA AVE
TOWSON, MD 21204-4413
Phone
(804) 334-4059
Filing Manager
Black Diamond Financial, LLC
TOWSON, MD
Signatory
Matt Goette
President & Chief Investment Officer