13F HOLDINGS REPORT
Black Diamond Financial, LLC
Quarter ended Q3 2025 · Filed November 5, 2025 · Accession 0001759236-25-000007
Total Value
$892.5M
Positions
161
Other Managers
0
Confidential Omitted
No
Holdings (161)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD WORLD FD | 921910840 | 760,063 | $104.7M | 11.73% |
| 2 | VANGUARD WORLD FD | 921910816 | 221,321 | $89.1M | 9.98% |
| 3 | VANGUARD INDEX FDS | 922908736 | 93,816 | $45.0M | 5.04% |
| 4 | ISHARES TR | 464287226 | 394,546 | $39.6M | 4.43% |
| 5 | SPDR SERIES TRUST | 78464A672 | 1,331,397 | $38.5M | 4.31% |
| 6 | SCHWAB STRATEGIC TR | 808524409 | 1,275,770 | $37.1M | 4.16% |
| 7 | SCHWAB STRATEGIC TR | 808524300 | 1,119,655 | $35.7M | 4.00% |
| 8 | VANGUARD WORLD FD | 921910873 | 113,237 | $27.6M | 3.10% |
| 9 | VANGUARD INDEX FDS | 922908744 | 129,645 | $24.2M | 2.71% |
| 10 | VANGUARD INDEX FDS | 922908538 | 78,310 | $23.0M | 2.58% |
| 11 | SCHWAB STRATEGIC TR | 808524805 | 973,830 | $22.7M | 2.54% |
| 12 | SCHWAB STRATEGIC TR | 808524201 | 804,622 | $21.2M | 2.37% |
| 13 | ISHARES TR | 464288638 | 378,902 | $20.5M | 2.30% |
| 14 | FIDELITY COVINGTON TRUST | 316092857 | 678,768 | $18.9M | 2.11% |
| 15 | ISHARES TR | 464288414 | 149,154 | $15.9M | 1.78% |
| 16 | ISHARES TR | 464288406 | 189,922 | $15.3M | 1.71% |
| 17 | ISHARES TR | 464288646 | 276,643 | $14.7M | 1.64% |
| 18 | VANGUARD INDEX FDS | 922908611 | 68,848 | $14.4M | 1.61% |
| 19 | SCHWAB STRATEGIC TR | 808524862 | 573,030 | $14.0M | 1.57% |
| 20 | LINDBLAD EXPEDITIONS HLDGS I | LIND | 1,068,362 | $13.7M | 1.53% |
| 21 | VANGUARD INDEX FDS | 922908629 | 43,535 | $12.8M | 1.43% |
| 22 | VANGUARD TAX-MANAGED FDS | 921943858 | 175,200 | $10.5M | 1.18% |
| 23 | ISHARES TR | 464288604 | 190,335 | $10.3M | 1.16% |
| 24 | ISHARES INC | 46434G103 | 146,499 | $9.7M | 1.08% |
| 25 | VANGUARD INDEX FDS | 922908751 | 36,638 | $9.3M | 1.04% |
| 26 | SCHWAB STRATEGIC TR | 808524508 | 276,897 | $8.2M | 0.92% |
| 27 | APPLE INC | AAPL | 31,385 | $8.0M | 0.90% |
| 28 | VANGUARD INDEX FDS | 922908595 | 26,327 | $7.8M | 0.88% |
| 29 | VANGUARD INDEX FDS | 922908769 | 21,986 | $7.2M | 0.81% |
| 30 | INVESCO EXCHANGE TRADED FD T | IVZ | 37,836 | $7.2M | 0.80% |
| 31 | SCHWAB STRATEGIC TR | 808524607 | 246,878 | $6.9M | 0.77% |
| 32 | SPDR SERIES TRUST | 78464A805 | 79,564 | $6.4M | 0.72% |
| 33 | VANGUARD INDEX FDS | 922908512 | 35,890 | $6.3M | 0.70% |
| 34 | VANGUARD SCOTTSDALE FDS | 92206C409 | 77,166 | $6.2M | 0.69% |
| 35 | VANGUARD INDEX FDS | 922908637 | 19,782 | $6.1M | 0.68% |
| 36 | ISHARES TR | 464287200 | 9,048 | $6.1M | 0.68% |
| 37 | VANGUARD INDEX FDS | 922908363 | 8,650 | $5.3M | 0.59% |
| 38 | VANGUARD INTL EQUITY INDEX F | 922042775 | 71,580 | $5.1M | 0.57% |
| 39 | DIMENSIONAL ETF TRUST | 25434V401 | 61,226 | $4.4M | 0.50% |
| 40 | SPDR SERIES TRUST | 78464A763 | 31,325 | $4.4M | 0.49% |
| 41 | VANGUARD INDEX FDS | 922908553 | 47,565 | $4.3M | 0.49% |
| 42 | ISHARES TR | 464287804 | 35,539 | $4.2M | 0.47% |
| 43 | ISHARES TR | 464288307 | 50,769 | $4.2M | 0.47% |
| 44 | MICROSOFT CORP | MSFT | 7,712 | $4.0M | 0.45% |
| 45 | NVIDIA CORPORATION | NVDA | 19,858 | $3.7M | 0.42% |
| 46 | SPDR S&P 500 ETF TR | SPY | 5,144 | $3.4M | 0.38% |
| 47 | ISHARES TR | 464288703 | 45,590 | $3.0M | 0.34% |
| 48 | VANGUARD MUN BD FDS | 922907746 | 55,836 | $2.8M | 0.31% |
| 49 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,445 | $2.7M | 0.31% |
| 50 | ALPHABET INC | GOOG | 10,599 | $2.6M | 0.29% |
| 51 | JPMORGAN CHASE & CO. | VYLD | 8,177 | $2.6M | 0.29% |
| 52 | AMAZON COM INC | AMZN | 11,252 | $2.5M | 0.28% |
| 53 | ELI LILLY & CO | LLY | 3,013 | $2.3M | 0.26% |
| 54 | SELECT SECTOR SPDR TR | 81369Y803 | 7,587 | $2.1M | 0.24% |
| 55 | SCHWAB STRATEGIC TR | 808524847 | 97,310 | $2.1M | 0.24% |
| 56 | MASTERCARD INCORPORATED | MA | 3,649 | $2.1M | 0.23% |
| 57 | CAPRICOR THERAPEUTICS INC | CAPR | 277,737 | $2.0M | 0.22% |
| 58 | ISHARES TR | 46432F842 | 20,423 | $1.8M | 0.20% |
| 59 | ISHARES TR | 46429B697 | 18,716 | $1.8M | 0.20% |
| 60 | CONSTELLATION ENERGY CORP | CEG | 5,172 | $1.7M | 0.19% |
| 61 | ALPHABET INC | GOOG | 6,811 | $1.7M | 0.19% |
| 62 | SSGA ACTIVE ETF TR | 78467V608 | 38,779 | $1.6M | 0.18% |
| 63 | VISA INC | V | 4,500 | $1.5M | 0.17% |
| 64 | VANGUARD WORLD FD | 92204A702 | 1,973 | $1.5M | 0.17% |
| 65 | VANGUARD SPECIALIZED FUNDS | 921908844 | 6,435 | $1.4M | 0.16% |
| 66 | META PLATFORMS INC | META | 1,884 | $1.4M | 0.15% |
| 67 | VANGUARD WHITEHALL FDS | 921946406 | 9,693 | $1.4M | 0.15% |
| 68 | BANK AMERICA CORP | 060505104 | 26,095 | $1.3M | 0.15% |
| 69 | SPDR INDEX SHS FDS | 78463X889 | 31,341 | $1.3M | 0.15% |
| 70 | VANGUARD INTL EQUITY INDEX F | 922042858 | 24,005 | $1.3M | 0.15% |
| 71 | SPDR GOLD TR | GLD | 3,478 | $1.2M | 0.14% |
| 72 | MCKESSON CORP | MCK | 1,526 | $1.2M | 0.13% |
| 73 | INTERNATIONAL BUSINESS MACHS | INTR | 2,912 | $821,453 | 0.09% |
| 74 | VANGUARD WORLD FD | 921910733 | 6,754 | $799,944 | 0.09% |
| 75 | VANGUARD MALVERN FDS | 922020805 | 14,913 | $755,045 | 0.08% |
| 76 | ISHARES TR | 464288679 | 6,740 | $744,705 | 0.08% |
| 77 | STRYKER CORPORATION | SYK | 1,968 | $727,510 | 0.08% |
| 78 | ISHARES TR | 46429B663 | 5,865 | $718,169 | 0.08% |
| 79 | ISHARES GOLD TR | IAU | 9,644 | $701,793 | 0.08% |
| 80 | EXXON MOBIL CORP | XOM | 6,153 | $693,784 | 0.08% |
| 81 | CHEVRON CORP NEW | CVX | 4,456 | $691,975 | 0.08% |
| 82 | ISHARES TR | 46429B689 | 8,090 | $686,275 | 0.08% |
| 83 | QUANTA SVCS INC | 74762E102 | 1,629 | $675,089 | 0.08% |
| 84 | SPDR INDEX SHS FDS | 78463X509 | 14,363 | $672,331 | 0.08% |
| 85 | PEPSICO INC | PEP | 4,778 | $670,995 | 0.08% |
| 86 | CORCEPT THERAPEUTICS INC | CORT | 7,700 | $639,947 | 0.07% |
| 87 | EXELON CORP | EXC | 14,152 | $636,981 | 0.07% |
| 88 | WALMART INC | WMT | 6,074 | $625,999 | 0.07% |
| 89 | ISHARES BITCOIN TRUST ETF | IBIT | 9,449 | $614,185 | 0.07% |
| 90 | PROCTER AND GAMBLE CO | 742718109 | 3,928 | $603,478 | 0.07% |
| 91 | COSTCO WHSL CORP NEW | 22160K105 | 651 | $602,983 | 0.07% |
| 92 | ISHARES TR | 464287507 | 9,184 | $599,376 | 0.07% |
| 93 | ISHARES TR | 464287622 | 1,618 | $591,348 | 0.07% |
| 94 | VANGUARD ADMIRAL FDS INC | 921932505 | 1,263 | $549,986 | 0.06% |
| 95 | CSX CORP | CSX | 15,147 | $537,869 | 0.06% |
| 96 | JOHNSON & JOHNSON | JNJ | 2,806 | $520,366 | 0.06% |
| 97 | SCHWAB STRATEGIC TR | 808524102 | 19,752 | $507,778 | 0.06% |
| 98 | LOWES COS INC | 548661107 | 2,015 | $506,390 | 0.06% |
| 99 | ABBVIE INC | ABBV | 2,143 | $496,189 | 0.06% |
| 100 | ORACLE CORP | ORCL-PD | 1,738 | $488,773 | 0.05% |
| 101 | TESLA INC | TSLA | 1,081 | $480,743 | 0.05% |
| 102 | ISHARES TR | 46436E569 | 9,265 | $477,344 | 0.05% |
| 103 | PROLOGIS INC. | PLDGP | 4,136 | $473,600 | 0.05% |
| 104 | SOUTHSTATE BK CORP | 84472E102 | 4,704 | $465,048 | 0.05% |
| 105 | ISHARES TR | 464287614 | 939 | $439,836 | 0.05% |
| 106 | CATERPILLAR INC | CAT | 911 | $434,856 | 0.05% |
| 107 | SPDR S&P MIDCAP 400 ETF TR | MDY | 702 | $418,413 | 0.05% |
| 108 | MERCK & CO INC | MRK | 4,951 | $415,564 | 0.05% |
| 109 | VANGUARD WORLD FD | 92204A405 | 3,150 | $413,406 | 0.05% |
| 110 | KNIGHT-SWIFT TRANSN HLDGS IN | 499049104 | 10,283 | $406,281 | 0.05% |
| 111 | WELLS FARGO CO NEW | 949746101 | 4,831 | $404,926 | 0.05% |
| 112 | GE AEROSPACE | 369604301 | 1,314 | $395,115 | 0.04% |
| 113 | SELECT SECTOR SPDR TR | 81369Y605 | 7,188 | $387,216 | 0.04% |
| 114 | YUM BRANDS INC | YUM | 2,473 | $375,851 | 0.04% |
| 115 | HOME DEPOT INC | HD | 906 | $367,086 | 0.04% |
| 116 | AMERICAN EXPRESS CO | AXP | 1,084 | $360,061 | 0.04% |
| 117 | PALANTIR TECHNOLOGIES INC | PLTR | 1,928 | $351,705 | 0.04% |
| 118 | UNITEDHEALTH GROUP INC | UNH | 992 | $342,660 | 0.04% |
| 119 | SPDR SERIES TRUST | 78464A409 | 3,272 | $341,956 | 0.04% |
| 120 | UNION PAC CORP | UNP | 1,416 | $334,700 | 0.04% |
| 121 | BROADCOM INC | AVGO | 1,008 | $332,826 | 0.04% |
| 122 | STRATEGY INC | STRK | 1,013 | $326,399 | 0.04% |
| 123 | OREILLY AUTOMOTIVE INC | 67103H107 | 3,015 | $325,048 | 0.04% |
| 124 | HONEYWELL INTL INC | 438516106 | 1,540 | $324,170 | 0.04% |
| 125 | EVERGY INC | EVRG | 4,065 | $309,021 | 0.03% |
| 126 | ISHARES TR | 46432F339 | 1,561 | $303,548 | 0.03% |
| 127 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 629 | $291,830 | 0.03% |
| 128 | CUMMINS INC | CMI | 685 | $289,324 | 0.03% |
| 129 | DEERE & CO | DE | 626 | $286,245 | 0.03% |
| 130 | VANGUARD INTL EQUITY INDEX F | 922042718 | 1,996 | $284,531 | 0.03% |
| 131 | VANGUARD WORLD FD | 92204A306 | 2,198 | $276,640 | 0.03% |
| 132 | ROSS STORES INC | ROST | 1,813 | $276,282 | 0.03% |
| 133 | VANGUARD STAR FDS | 921909768 | 3,742 | $274,888 | 0.03% |
| 134 | VANGUARD SCOTTSDALE FDS | 92206C664 | 2,809 | $274,732 | 0.03% |
| 135 | VANGUARD WORLD FD | 921910691 | 4,242 | $272,336 | 0.03% |
| 136 | ISHARES TR | 464287770 | 2,931 | $262,735 | 0.03% |
| 137 | SPDR SERIES TRUST | 78464A508 | 4,695 | $259,775 | 0.03% |
| 138 | SCHWAB STRATEGIC TR | 808524888 | 5,659 | $257,537 | 0.03% |
| 139 | BLACKSTONE INC | BX | 1,505 | $257,183 | 0.03% |
| 140 | VANGUARD BD INDEX FDS | 921937835 | 3,434 | $255,394 | 0.03% |
| 141 | ISHARES TR | 464288513 | 3,103 | $251,933 | 0.03% |
| 142 | SELECT SECTOR SPDR TR | 81369Y886 | 2,862 | $249,595 | 0.03% |
| 143 | NETFLIX INC | NFLX | 202 | $242,184 | 0.03% |
| 144 | DIMENSIONAL ETF TRUST | 25434V708 | 6,175 | $238,170 | 0.03% |
| 145 | EXPEDITORS INTL WASH INC | 302130109 | 1,927 | $236,230 | 0.03% |
| 146 | GLOBAL X FDS | 37954Y673 | 4,811 | $229,153 | 0.03% |
| 147 | PROGRESSIVE CORP | 743315103 | 901 | $222,503 | 0.02% |
| 148 | ISHARES SILVER TR | SLV | 5,226 | $221,426 | 0.02% |
| 149 | SOUTHERN CO | SOMN | 2,326 | $220,435 | 0.02% |
| 150 | ISHARES TR | 464287655 | 911 | $220,424 | 0.02% |
| 151 | SIMON PPTY GROUP INC NEW | 828806109 | 1,170 | $219,483 | 0.02% |
| 152 | SELECT SECTOR SPDR TR | 81369Y209 | 1,560 | $216,997 | 0.02% |
| 153 | INTUITIVE SURGICAL INC | ISRG | 481 | $215,118 | 0.02% |
| 154 | VANGUARD WORLD FD | 921910725 | 3,085 | $214,007 | 0.02% |
| 155 | BLACKROCK INC | BLK | 183 | $213,581 | 0.02% |
| 156 | SCHWAB STRATEGIC TR | 808524839 | 8,892 | $208,695 | 0.02% |
| 157 | GE VERNOVA INC | GEV | 337 | $207,237 | 0.02% |
| 158 | MCDONALDS CORP | MCD | 679 | $206,375 | 0.02% |
| 159 | GOLDMAN SACHS GROUP INC | GSCE | 254 | $201,899 | 0.02% |
| 160 | INDUSTRIAL LOGISTICS PPTYS T | 456237106 | 17,000 | $99,110 | 0.01% |
| 161 | LIVEWIRE GROUP INC | LVWR-WT | 11,500 | $835 | 0.00% |