Institutional Manager · CIK 0001891201

MARYLAND CAPITAL ADVISORS INC.

CHESTER, MD · File #028-21551

Latest AUM

$295.5M

Positions

271

Top-10 Concentration

68.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES TR	464288646	+139,472	+$7.4M	-$165,288
ADD	DIMENSIONAL ETF TRUST	25434V666	+36,628	+$1.3M	+$412,145
ADD	DIMENSIONAL ETF TRUST	25434V104	+15,966	+$747,208	+$373,648
ADD	DIMENSIONAL ETF TRUST	25434V849	+11,148	+$536,999	+$25,830
ADD	DIMENSIONAL ETF TRUST	25434V609	+7,958	+$473,821	+$100,899
ADD	VANGUARD MALVERN FDS	922020805	+8,045	+$397,906	-$90,520
NEW	GLOBAL INDEMNITY GROUP LLC	GBLI	+11,629	+$330,032	$0
REDUCE	ISHARES TR	46432F859	-6,633	-$323,359	-$15,266
ADD	DIMENSIONAL ETF TRUST	25434V500	+4,470	+$311,427	+$54,620
ADD	DIMENSIONAL ETF TRUST	25434V807	+5,176	+$258,282	+$857,819

Sector Allocation

6.0%$17.7M

0.7%$2.0M

0.4%$1.3M

0.4%$1.3M

0.3%$1.1M

Consumer Discretionary

0.3%$781,301

Communication Services

0.1%$383,038

0.1%$365,345

0.0%$79,752

0.0%$38,882

0.0%$23,193

Filing History

Jan 20, 202613F HOLDINGS REPORTQ/E Dec 2025271 pos · $295.5M
Oct 17, 202513F HOLDINGS REPORTQ/E Sep 2025254 pos · $279.4M
Jul 14, 202513F HOLDINGS REPORTQ/E Jun 2025268 pos · $255.2M
May 6, 202513F HOLDINGS REPORTQ/E Mar 2025235 pos · $226.6M
Jan 30, 202513F HOLDINGS REPORTQ/E Dec 2024258 pos · $215.7M
Oct 22, 202413F HOLDINGS REPORTQ/E Sep 2024243 pos · $205.9M
Jul 25, 202413F HOLDINGS REPORTQ/E Jun 2024250 pos · $185.7M
Apr 11, 202413F HOLDINGS REPORTQ/E Mar 2024221 pos · $161.2M
Oct 20, 202313F HOLDINGS REPORTQ/E Dec 2023244 pos · $131.0M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464288646	1,241,553	$65.7M	23.73%
2	VANGUARD SCOTTSDALE FDS	92206C409	280,664	$22.4M	8.09%
3	VANGUARD INDEX FDS	922908769	56,289	$18.9M	6.82%
4	DIMENSIONAL ETF TRUST	25434V104	375,239	$17.6M	6.35%
5	APPLE INC	AAPL	48,491	$13.2M	4.77%
6	VANGUARD INDEX FDS	922908744	68,943	$13.2M	4.76%
7	DIMENSIONAL ETF TRUST	25434V666	351,235	$12.0M	4.34%
8	DIMENSIONAL ETF TRUST	25434V807	232,118	$11.6M	4.19%
9	DIMENSIONAL ETF TRUST	25434V203	216,531	$8.3M	2.98%
10	ISHARES TR	46432F859	163,051	$7.9M	2.87%
11	DIMENSIONAL ETF TRUST	25434V849	147,095	$7.1M	2.56%
12	ISHARES TR	464288877	75,742	$5.4M	1.96%
13	DIMENSIONAL ETF TRUST	25434V609	83,791	$5.0M	1.80%
14	DIMENSIONAL ETF TRUST	25434V740	133,218	$4.5M	1.62%
15	VANGUARD MALVERN FDS	922020805	85,416	$4.2M	1.53%
16	DIMENSIONAL ETF TRUST	25434V823	163,162	$3.7M	1.35%
17	DIMENSIONAL ETF TRUST	25434V500	49,616	$3.5M	1.25%
18	VANGUARD INTL EQUITY INDEX F	922042676	72,782	$3.3M	1.21%
19	ISHARES INC	46434G764	44,735	$3.3M	1.18%
20	ISHARES TR	464287614	6,529	$3.1M	1.12%