Baltimore-Washington Financial Advisors, Inc.

Columbia, MD · CIK 1555486 · 13F filing filed 2023-02-09

SEC-registered investment adviser since 2012 · corporation

Assets managed$3.0bn
Staff36 · 13 in investment roles
Main clients (by assets)High net worth individuals 69%, Individuals 30%
Form ADV · 2026-03-19SEC adviser record

$1.0bn reported value -14.1% vs Q3 2022

132positions

31.4%in top 10

8 new 37 added 84 reduced 23 sold out vs Q3 2022

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	314,861	$54.8m5.36%	5.36%	Reduced -273.9k	-273,902 -46.5%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	177,456	$47.3m4.62%	4.62%	Reduced -1.4k	-1,350 -0.8%
3	VANGUARD INDEX FDS VALUE ETF VTV	VTV	239,230	$33.6m3.28%	3.28%	Reduced -168.2k	-168,192 -41.3%
4	APPLE INC COM AAPL	AAPL	249,240	$32.4m3.17%	3.17%	Reduced -4.9k	-4,911 -1.9%
5	MICROSOFT CORP COM MSFT	MSFT	134,951	$32.4m3.17%	3.17%	Reduced -1.3k	-1,251 -0.9%
6	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	197,264	$27.9m2.72%	2.72%	Added +29.2k	+29,206 17.4%
7	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	168,650	$25.6m2.50%	2.50%	Reduced -137.1k	-137,083 -44.8%
8	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	172,657	$23.5m2.29%	2.29%	Added +12.2k	+12,185 7.6%
9	UNITEDHEALTH GROUP INC COM UNH	UNH	43,539	$23.1m2.26%	2.26%	Reduced -308	-308 -0.7%
10	TEXAS INSTRS INC COM TXN	TXN	127,745	$21.1m2.06%	2.06%	Reduced -1.6k	-1,557 -1.2%
11	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	194,647	$21.1m2.06%	2.06%	Reduced -125.5k	-125,485 -39.2%
12	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	273,004	$20.5m2.01%	2.01%	Reduced -370.7k	-370,740 -57.6%
13	INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC RSPT	RSPT	82,887	$20.1m1.97%	1.97%	Reduced -894	-894 -1.1%
14	VISA INC COM CL A V	V	89,746	$18.7m1.83%	1.83%	Reduced -86.9k	-86,928 -49.2%
15	STRYKER CORPORATION COM SYK	SYK	75,288	$18.4m1.80%	1.80%	Reduced -385	-385 -0.5%
16	ALPHABET INC CAP STK CL C GOOG	GOOG	200,981	$17.8m1.74%	1.74%	Reduced -1.1k	-1,124 -0.6%
17	BLACKSTONE INC COM BX	BX	239,022	$17.7m1.73%	1.73%	Reduced -2.5k	-2,525 -1.1%
18	LABORATORY CORP AMER HLDGS COM NEW COM NEW		74,964	$17.7m1.73%	1.73%	Reduced -160	-160 -0.2%
19	ISHARES TR U.S. MED DVC ETF IHI	IHI	334,577	$17.6m1.72%	1.72%	Added +14.5k	+14,535 4.5%
20	SPDR SER TR SSGA US LRG ETF LGLV	LGLV	129,021	$17.5m1.71%	1.71%	Added +24.6k	+24,602 23.6%
21	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	45,031	$17.2m1.68%	1.68%	Reduced -332	-332 -0.7%
22	HOME DEPOT INC COM HD	HD	50,670	$16.0m1.57%	1.57%	Added +579	+579 1.2%
23	COSTCO WHSL CORP NEW COM COST	COST	34,124	$15.6m1.52%	1.52%	Reduced -136	-136 -0.4%
24	AMAZON COM INC COM AMZN	AMZN	177,274	$14.9m1.46%	1.46%	Reduced -3.1k	-3,140 -1.7%
25	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	143,649	$14.7m1.44%	1.44%	Reduced -1.4k	-1,429 -1.0%
26	JPMORGAN CHASE & CO COM JPM	JPM	109,192	$14.6m1.43%	1.43%	Reduced -1.1k	-1,141 -1.0%
27	VANGUARD INDEX FDS MID CAP ETF VO	VO	69,539	$14.2m1.39%	1.39%	Reduced -70.0k	-69,983 -50.2%
28	ISHARES TR CORE S&P500 ETF IVV	IVV	35,684	$13.7m1.34%	1.34%	Added +2.8k	+2,830 8.6%
29	NVIDIA CORPORATION COM NVDA	NVDA	86,595	$12.7m1.24%	1.24%	Reduced -1.7k	-1,714 -1.9%
30	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	8,652	$12.0m1.17%	1.17%	Added +37	+37 0.4%
31	ISHARES TR S&P SML 600 GWT IJT	IJT	109,744	$11.9m1.16%	1.16%	Added +644	+644 0.6%
32	SPDR SER TR S&P DIVID ETF SDY	SDY	94,744	$11.9m1.16%	1.16%	Added +29.1k	+29,059 44.2%
33	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	37,921	$11.7m1.15%	1.15%	Added +244	+244 0.7%
34	SCHWAB CHARLES CORP COM SCHW	SCHW	133,818	$11.1m1.09%	1.09%	Reduced -2.5k	-2,482 -1.8%
35	BLACKROCK INC COM BLK	BLK	15,568	$11.0m1.08%	1.08%	Reduced -162	-162 -1.0%
36	INMODE LTD SHS INMD	INMD	295,461	$10.5m1.03%	1.03%	Reduced -2.1k	-2,118 -0.7%
37	BOOKING HOLDINGS INC COM BKNG	BKNG	5,023	$10.1m0.99%	0.99%	Reduced -41	-41 -0.8%
38	STARBUCKS CORP COM SBUX	SBUX	101,585	$10.1m0.99%	0.99%	Added +57	+57 0.1%
39	ARISTA NETWORKS INC COM COM		80,604	$9.8m0.96%	0.96%	Reduced -814	-814 -1.0%
40	ISHARES TR RUS MID CAP ETF IWR	IWR	144,370	$9.7m0.95%	0.95%	Reduced -4.3k	-4,287 -2.9%
41	ISHARES TR U.S. FIN SVC ETF IYG	IYG	60,071	$9.5m0.93%	0.93%	Added +8.8k	+8,790 17.1%
42	ADOBE INC COM ADBE	ADBE	26,867	$9.0m0.88%	0.88%	Added +114	+114 0.4%
43	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	56,617	$9.0m0.88%	0.88%	Reduced -54.8k	-54,782 -49.2%
44	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	190,024	$8.5m0.84%	0.84%	Reduced -35.6k	-35,551 -15.8%
45	AMN HEALTHCARE SVCS INC COM AMN	AMN	78,425	$8.1m0.79%	0.79%	Reduced -634	-634 -0.8%
46	DISNEY WALT CO COM DIS	DIS	89,517	$7.8m0.76%	0.76%	Reduced -104.7k	-104,654 -53.9%
47	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	152,126	$7.7m0.75%	0.75%	Added +8.8k	+8,756 6.1%
48	MARRIOTT INTL INC NEW CL A MAR	MAR	51,151	$7.6m0.74%	0.74%	Reduced -868	-868 -1.7%
49	ISHARES TR PFD AND INCM SEC PFF	PFF	247,799	$7.6m0.74%	0.74%	Reduced -47.6k	-47,623 -16.1%
50	ISHARES TR IBONDS 23 TRM TS IBONDS 23 TRM TS		302,648	$7.5m0.73%	0.73%	Added +283.5k	+283,525 1482.6%
51	HA SUSTAINABLE INFRA CAP INC COM HASI	HASI	255,725	$7.4m0.72%	0.72%	Added +1.3k	+1,309 0.5%
52	NIKE INC CL B NKE	NKE	62,443	$7.3m0.71%	0.71%	Reduced -2.1k	-2,098 -3.2%
53	ALPHABET INC CAP STK CL A GOOGL	GOOGL	74,137	$6.5m0.64%	0.64%	Added +529	+529 0.7%
54	ISHARES TR IBONDS 24 TRM TS IBTE	IBTE	274,051	$6.5m0.64%	0.64%	Added +264.6k	+264,551 2784.8%
55	COPART INC COM CPRT	CPRT	106,479	$6.5m0.63%	0.63%	Reduced -1.0k	-1,013 -0.9%
56	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	17,318	$6.1m0.60%	0.60%	Reduced -6.8k	-6,806 -28.2%
57	ISHARES TR CORE S&P SCP ETF IJR	IJR	62,206	$5.9m0.58%	0.58%	Added +3.0k	+3,010 5.1%
58	SPDR SER TR S&P 500 ESG ETF EFIV	EFIV	158,938	$5.8m0.57%	0.57%	Added +34.2k	+34,198 27.4%
59	ISHARES TR IBONDS DEC24 ETF · principal IBDP · principal	IBDP	221,345	$5.4m0.53%	0.53%	New
60	PAYPAL HLDGS INC COM PYPL	PYPL	71,671	$5.1m0.50%	0.50%	Reduced -2.7k	-2,739 -3.7%
61	CARLYLE GROUP INC COM CG	CG	169,293	$5.1m0.49%	0.49%	Reduced -32.3k	-32,251 -16.0%
62	SALESFORCE INC COM CRM	CRM	37,139	$4.9m0.48%	0.48%	Reduced -2.3k	-2,256 -5.7%
63	GLOBAL X FDS FINTECH ETF FINX	FINX	239,154	$4.6m0.45%	0.45%	Reduced -18.7k	-18,697 -7.2%
64	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	10,325	$4.6m0.45%	0.45%	Reduced -130	-130 -1.2%
65	ISHARES TR IBONDS DEC23 ETF · principal IBONDS DEC23 ETF · principal		182,209	$4.6m0.45%	0.45%	New
66	ARES CAPITAL CORP COM ARCC	ARCC	228,594	$4.2m0.41%	0.41%	Reduced -1.9k	-1,913 -0.8%
67	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	142,960	$4.2m0.41%	0.41%	Reduced -23.7k	-23,651 -14.2%
68	YETI HLDGS INC COM YETI	YETI	95,770	$4.0m0.39%	0.39%	Reduced -109.2k	-109,222 -53.3%
69	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	78,883	$4.0m0.39%	0.39%	Reduced -49.8k	-49,780 -38.7%
70	ISHARES TR IBONDS 24 TRM HG IBHD	IBHD	171,128	$3.9m0.38%	0.38%	Added +158.6k	+158,628 1269.0%
71	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	81,630	$3.9m0.38%	0.38%	Added +53.2k	+53,232 187.4%
72	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	67,683	$3.7m0.36%	0.36%	Added +48.9k	+48,872 259.8%
73	TARGET CORP COM TGT	TGT	25,020	$3.7m0.36%	0.36%	Added +6.1k	+6,077 32.1%
74	META PLATFORMS INC CL A META	META	27,466	$3.3m0.32%	0.32%	Reduced -25.0k	-25,017 -47.7%
75	HERSHEY CO COM HSY	HSY	13,845	$3.2m0.31%	0.31%	Added +5.2k	+5,221 60.5%
76	ISHARES TR ISHARES BIOTECH IBB	IBB	23,723	$3.1m0.30%	0.30%	Reduced -589	-589 -2.4%
77	SPDR SER TR S&P1500MOMTILT MMTM	MMTM	17,867	$3.0m0.29%	0.29%	Added +2.2k	+2,159 13.7%
78	ROYAL CARIBBEAN GROUP COM RCL	RCL	59,883	$3.0m0.29%	0.29%	Reduced -6.0k	-6,011 -9.1%
79	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	95,582	$2.8m0.28%	0.28%	Reduced -10.3k	-10,269 -9.7%
80	PINTEREST INC CL A PINS	PINS	116,525	$2.8m0.28%	0.28%	Reduced -7.9k	-7,919 -6.4%
81	CHEWY INC CL A CHWY	CHWY	74,832	$2.8m0.27%	0.27%	Reduced -4.2k	-4,175 -5.3%
82	ADVANCED MICRO DEVICES INC COM AMD	AMD	36,287	$2.4m0.23%	0.23%	Reduced -1.2k	-1,243 -3.3%
83	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	49,811	$1.9m0.19%	0.19%	Reduced -18.6k	-18,631 -27.2%
84	ISHARES TR BROAD USD HIGH USHY	USHY	50,549	$1.7m0.17%	0.17%	Reduced -18.4k	-18,387 -26.7%
85	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	7,887	$1.7m0.16%	0.16%	Added +3.2k	+3,211 68.7%
86	ISHARES TR RUS MDCP VAL ETF IWS	IWS	15,613	$1.6m0.16%	0.16%	Reduced -2.3k	-2,252 -12.6%
87	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	49,170	$1.6m0.16%	0.16%	Reduced -6.1k	-6,067 -11.0%
88	SMARTSHEET INC COM CL A SMAR	SMAR	39,947	$1.6m0.15%	0.15%	Reduced -3.4k	-3,407 -7.9%
89	EXXON MOBIL CORP COM XOM	XOM	13,220	$1.5m0.14%	0.14%	Added +26	+26 0.2%
90	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	38,959	$1.4m0.14%	0.14%	Reduced -19.4k	-19,417 -33.3%
91	ISHARES TR IBONDS 23 TRM HG IBONDS 23 TRM HG		48,302	$1.1m0.11%	0.11%	Added +35.6k	+35,649 281.7%
92	ISHARES TR RUS TP200 GR ETF IWY	IWY	8,909	$1.1m0.11%	0.11%	Added +6.5k	+6,510 271.4%
93	ISHARES TR RUSSELL 2000 ETF IWM	IWM	6,152	$1.1m0.10%	0.10%	Added +3.8k	+3,794 160.9%
94	ISHARES TR IBONDS DEC25 ETF · principal IBDQ · principal	IBDQ	43,150	$1.0m0.10%	0.10%	New
95	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	23,066	$980.3k0.10%	0.10%	Reduced -6.6k	-6,567 -22.2%
96	NUSHARES ETF TR NUVEEN ESG LRGCP NULG	NULG	18,910	$924.5k0.09%	0.09%	Reduced -2.0k	-1,970 -9.4%
97	SOFI TECHNOLOGIES INC COM SOFI	SOFI	198,778	$916.4k0.09%	0.09%	Reduced -4.8k	-4,799 -2.4%
98	SPDR SERIES TRUST S&P 600 SMCP GRW SLYG	SLYG	11,994	$866.4k0.08%	0.08%	Reduced -3.0k	-2,955 -19.8%
99	ISHARES TR MSCI GBL SUS DEV SDG	SDG	10,798	$852.1k0.08%	0.08%	Added +5.9k	+5,933 122.0%
100	TESLA INC COM TSLA	TSLA	5,772	$711.0k0.07%	0.07%	Reduced -390	-390 -6.3%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
SPOTIFY TECHNOLOGY S A SPOT	SPOT	30,320	$2.6m30.3k shares
SCHWAB STRATEGIC TR SCHA	SCHA	11,690	$1.8m11.7k shares
SCHWAB STRATEGIC TR SCHM	SCHM	2,964	$1.6m3.0k shares
SCHWAB STRATEGIC TR SCHF	SCHF	4,260	$1.2m4.3k shares
VANGUARD BD INDEX FDS BND	BND	14,147	$1.0m14.1k shares
SCHWAB STRATEGIC TR SCHH	SCHH	6,500	$794.0k6.5k shares
ISHARES TR ICSH	ICSH	1,480	$740.0k1.5k shares
SCHWAB STRATEGIC TR SCHB	SCHB	1,506	$632.0k1.5k shares
SPDR INDEX SHS FDS SPGM	SPGM	1,299	$556.0k1.3k shares
VANGUARD INDEX FDS VNQ	VNQ	5,881	$516.0k5.9k shares
GRANITESHARES ETF TR COMB	COMB	1,743	$503.0k1.7k shares
ABRDN PRECIOUS METALS BASKET GLTR	GLTR	459	$372.0k459 shares
VERIZON COMMUNICATIONS INC VZ	VZ	6,120	$310.0k6.1k shares
SELECT SECTOR SPDR TR XLK	XLK	542	$302.0k542 shares
BANK AMERICA CORP BAC	BAC	5,229	$299.0k5.2k shares
INVESCO EXCH TRADED FD TR II BKLN	BKLN	1,466	$295.0k1.5k shares
SCHWAB STRATEGIC TR SCHP	SCHP	558	$289.0k558 shares
PIMCO ETF TR HYS	HYS	321	$280.0k321 shares
VANECK MERK GOLD ETF OUNZ	OUNZ	16,000	$280.0k16.0k shares
ISHARES INC FM	FM	1,076	$262.0k1.1k shares
SCHWAB STRATEGIC TR SCHG	SCHG	462	$257.0k462 shares
ISHARES TR IEF	IEF	247	$237.0k247 shares
GSE SYS INC		10,258	$9.0k10.3k shares