Baltimore-Washington Financial Advisors, Inc.

Columbia, MD · CIK 1555486 · 13F filing filed 2023-05-10

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

Kindwealth
Others nearbyColumbia, MD

$1.1bn reported value +10.3% vs Q4 2022

139positions

31.9%in top 10

13 new 62 added 55 reduced 6 sold out vs Q4 2022

Options: 0 call positions (— notional), 3 put positions ($7.3m notional) – listed below, not included above.

Holdings, Q1 2023

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	317,681	$59.3m5.26%	5.26%	Added +2.8k	+2,820 0.9%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	175,560	$56.3m4.99%	4.99%	Reduced -1.9k	-1,896 -1.1%
3	APPLE INC COM AAPL	AAPL	246,895	$40.7m3.61%	3.61%	Reduced -2.3k	-2,345 -0.9%
4	MICROSOFT CORP COM MSFT	MSFT	135,222	$39.0m3.46%	3.46%	Added +271	+271 0.2%
5	VANGUARD INDEX FDS VALUE ETF VTV	VTV	237,478	$32.8m2.91%	2.91%	Reduced -1.8k	-1,752 -0.7%
6	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	225,574	$32.6m2.89%	2.89%	Added +28.3k	+28,310 14.3%
7	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	180,997	$27.9m2.47%	2.47%	Added +12.3k	+12,347 7.3%
8	NVIDIA CORPORATION COM NVDA	NVDA	87,351	$24.3m2.15%	2.15%	Added +756	+756 0.9%
9	TEXAS INSTRS INC COM TXN	TXN	127,712	$23.8m2.11%	2.11%	Reduced -33	-33 -0.0%
10	INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC RSPT	RSPT	83,502	$23.0m2.04%	2.04%	Added +615	+615 0.7%
11	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	174,482	$22.6m2.00%	2.00%	Added +1.8k	+1,825 1.1%
12	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	204,806	$21.6m1.92%	1.92%	Added +10.2k	+10,159 5.2%
13	STRYKER CORPORATION COM SYK	SYK	75,531	$21.6m1.91%	1.91%	Added +243	+243 0.3%
14	BLACKSTONE INC COM BX	BX	244,194	$21.4m1.90%	1.90%	Added +5.2k	+5,172 2.2%
15	ALPHABET INC CAP STK CL C GOOG	GOOG	202,274	$21.0m1.86%	1.86%	Added +1.3k	+1,293 0.6%
16	VISA INC COM CL A V	V	90,545	$20.4m1.81%	1.81%	Added +799	+799 0.9%
17	SPDR SER TR SSGA US LRG ETF LGLV	LGLV	142,478	$19.5m1.73%	1.73%	Added +13.5k	+13,457 10.4%
18	UNITEDHEALTH GROUP INC COM UNH	UNH	40,526	$19.2m1.70%	1.70%	Reduced -3.0k	-3,013 -6.9%
19	AMAZON COM INC COM AMZN	AMZN	179,029	$18.5m1.64%	1.64%	Added +1.8k	+1,755 1.0%
20	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	43,772	$17.9m1.59%	1.59%	Reduced -1.3k	-1,259 -2.8%
21	ISHARES TR U.S. MED DVC ETF IHI	IHI	330,897	$17.9m1.58%	1.58%	Reduced -3.7k	-3,680 -1.1%
22	COSTCO WHSL CORP NEW COM COST	COST	34,433	$17.1m1.52%	1.52%	Added +309	+309 0.9%
23	LABORATORY CORP AMER HLDGS COM NEW COM NEW		74,136	$17.0m1.51%	1.51%	Reduced -828	-828 -1.1%
24	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	9,224	$15.8m1.40%	1.40%	Added +572	+572 6.6%
25	ISHARES TR CORE S&P500 ETF IVV	IVV	37,350	$15.4m1.36%	1.36%	Added +1.7k	+1,666 4.7%
26	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	140,333	$14.6m1.30%	1.30%	Reduced -3.3k	-3,316 -2.3%
27	VANGUARD INDEX FDS MID CAP ETF VO	VO	69,207	$14.6m1.29%	1.29%	Reduced -332	-332 -0.5%
28	HOME DEPOT INC COM HD	HD	48,628	$14.4m1.27%	1.27%	Reduced -2.0k	-2,042 -4.0%
29	JPMORGAN CHASE & CO COM JPM	JPM	108,796	$14.2m1.26%	1.26%	Reduced -396	-396 -0.4%
30	ARISTA NETWORKS INC COM COM		83,301	$14.0m1.24%	1.24%	Added +2.7k	+2,697 3.4%
31	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	182,225	$13.9m1.23%	1.23%	Reduced -90.8k	-90,779 -33.2%
32	BOOKING HOLDINGS INC COM BKNG	BKNG	5,121	$13.6m1.20%	1.20%	Added +98	+98 1.9%
33	SPDR SER TR S&P DIVID ETF SDY	SDY	102,259	$12.7m1.12%	1.12%	Added +7.5k	+7,515 7.9%
34	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	38,746	$12.0m1.06%	1.06%	Added +825	+825 2.2%
35	ISHARES TR S&P SML 600 GWT IJT	IJT	107,788	$11.9m1.05%	1.05%	Reduced -2.0k	-1,956 -1.8%
36	STARBUCKS CORP COM SBUX	SBUX	103,928	$10.8m0.96%	0.96%	Added +2.3k	+2,343 2.3%
37	BLACKROCK INC COM BLK	BLK	15,443	$10.3m0.92%	0.92%	Reduced -125	-125 -0.8%
38	ISHARES TR U.S. FIN SVC ETF IYG	IYG	66,693	$10.1m0.89%	0.89%	Added +6.6k	+6,622 11.0%
39	ADOBE INC COM ADBE	ADBE	26,051	$10.0m0.89%	0.89%	Reduced -816	-816 -3.0%
40	ISHARES TR RUS MID CAP ETF IWR	IWR	140,208	$9.8m0.87%	0.87%	Reduced -4.2k	-4,162 -2.9%
41	INMODE LTD SHS INMD	INMD	296,262	$9.5m0.84%	0.84%	Added +801	+801 0.3%
42	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	188,696	$9.1m0.81%	0.81%	Reduced -1.3k	-1,328 -0.7%
43	ISHARES TR IBONDS 23 TRM TS IBONDS 23 TRM TS		365,929	$9.1m0.80%	0.80%	Added +63.3k	+63,281 20.9%
44	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	163,695	$9.1m0.80%	0.80%	Added +11.6k	+11,569 7.6%
45	MARRIOTT INTL INC NEW CL A MAR	MAR	52,014	$8.6m0.77%	0.77%	Added +863	+863 1.7%
46	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	53,777	$8.5m0.76%	0.76%	Reduced -2.8k	-2,840 -5.0%
47	DISNEY WALT CO COM DIS	DIS	81,930	$8.2m0.73%	0.73%	Reduced -7.6k	-7,587 -8.5%
48	ISHARES TR IBONDS 24 TRM TS IBTE	IBTE	337,773	$8.1m0.72%	0.72%	Added +63.7k	+63,722 23.2%
49	COPART INC COM CPRT	CPRT	105,082	$7.9m0.70%	0.70%	Reduced -1.4k	-1,397 -1.3%
50	ALPHABET INC CAP STK CL A GOOGL	GOOGL	73,997	$7.7m0.68%	0.68%	Reduced -140	-140 -0.2%
51	SALESFORCE INC COM CRM	CRM	37,471	$7.5m0.66%	0.66%	Added +332	+332 0.9%
52	NIKE INC CL B NKE	NKE	59,105	$7.2m0.64%	0.64%	Reduced -3.3k	-3,338 -5.3%
53	HA SUSTAINABLE INFRA CAP INC COM HASI	HASI	251,445	$7.2m0.64%	0.64%	Reduced -4.3k	-4,280 -1.7%
54	ISHARES TR PFD AND INCM SEC PFF	PFF	227,041	$7.1m0.63%	0.63%	Reduced -20.8k	-20,758 -8.4%
55	SCHWAB CHARLES CORP COM SCHW	SCHW	134,946	$7.1m0.63%	0.63%	Added +1.1k	+1,128 0.8%
56	SPDR SER TR S&P 500 ESG ETF EFIV	EFIV	179,098	$7.1m0.63%	0.63%	Added +20.2k	+20,160 12.7%
57	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	111,095	$7.0m0.62%	0.62%	Added +43.4k	+43,412 64.1%
58	ISHARES TR IBONDS DEC24 ETF · principal IBDP · principal	IBDP	273,064	$6.7m0.60%	0.60%	Added +51.7k	+51,719 23.4%
59	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	17,310	$6.5m0.58%	0.58%	Reduced -8	-8 -0.1%
60	AMN HEALTHCARE SVCS INC COM AMN	AMN	76,477	$6.3m0.56%	0.56%	Reduced -1.9k	-1,948 -2.5%
61	ISHARES TR CORE S&P SCP ETF IJR	IJR	65,354	$6.3m0.56%	0.56%	Added +3.1k	+3,148 5.1%
62	META PLATFORMS INC CL A META	META	27,720	$5.9m0.52%	0.52%	Added +254	+254 0.9%
63	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	113,496	$5.7m0.51%	0.51%	Added +31.9k	+31,866 39.0%
64	PAYPAL HLDGS INC COM PYPL	PYPL	68,306	$5.2m0.46%	0.46%	Reduced -3.4k	-3,365 -4.7%
65	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	96,470	$5.2m0.46%	0.46%	Added +17.6k	+17,587 22.3%
66	ISHARES TR IBONDS 25 TRM TS IBONDS 25 TRM TS		216,456	$5.1m0.45%	0.45%	Added +193.7k	+193,680 850.4%
67	ISHARES TR IBONDS DEC23 ETF · principal IBONDS DEC23 ETF · principal		198,385	$5.0m0.44%	0.44%	Added +16.2k	+16,176 8.9%
68	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	10,753	$4.9m0.44%	0.44%	Added +428	+428 4.2%
69	CARLYLE GROUP INC COM CG	CG	151,832	$4.7m0.42%	0.42%	Reduced -17.5k	-17,461 -10.3%
70	ISHARES TR IBONDS 24 TRM HG IBHD	IBHD	203,242	$4.7m0.42%	0.42%	Added +32.1k	+32,114 18.8%
71	ADVANCED MICRO DEVICES INC COM AMD	AMD	47,805	$4.7m0.42%	0.42%	Added +11.5k	+11,518 31.7%
72	TARGET CORP COM TGT	TGT	27,338	$4.5m0.40%	0.40%	Added +2.3k	+2,318 9.3%
73	GLOBAL X FDS FINTECH ETF FINX	FINX	215,396	$4.5m0.40%	0.40%	Reduced -23.8k	-23,758 -9.9%
74	ROYAL CARIBBEAN GROUP COM RCL	RCL	65,952	$4.3m0.38%	0.38%	Added +6.1k	+6,069 10.1%
75	ARES CAPITAL CORP COM ARCC	ARCC	233,153	$4.3m0.38%	0.38%	Added +4.6k	+4,559 2.0%
76	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	125,359	$3.7m0.33%	0.33%	Reduced -17.6k	-17,601 -12.3%
77	HERSHEY CO COM HSY	HSY	14,405	$3.7m0.32%	0.32%	Added +560	+560 4.0%
78	SPDR SER TR S&P1500MOMTILT MMTM	MMTM	19,422	$3.3m0.29%	0.29%	Added +1.6k	+1,555 8.7%
79	YETI HLDGS INC COM YETI	YETI	79,117	$3.2m0.28%	0.28%	Reduced -16.7k	-16,653 -17.4%
80	PINTEREST INC CL A PINS	PINS	111,112	$3.0m0.27%	0.27%	Reduced -5.4k	-5,413 -4.7%
81	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	91,913	$3.0m0.26%	0.26%	Reduced -3.7k	-3,669 -3.8%
82	ISHARES TR ISHARES BIOTECH IBB	IBB	22,433	$2.9m0.26%	0.26%	Reduced -1.3k	-1,290 -5.4%
83	CHEWY INC CL A CHWY	CHWY	72,783	$2.7m0.24%	0.24%	Reduced -2.0k	-2,049 -2.7%
84	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	9,308	$2.3m0.21%	0.21%	Added +1.4k	+1,421 18.0%
85	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	49,832	$2.0m0.18%	0.18%	Added +21	+21 0.0%
86	ISHARES TR IBONDS DEC25 ETF · principal IBDQ · principal	IBDQ	81,022	$2.0m0.18%	0.18%	Added +37.9k	+37,872 87.8%
87	SMARTSHEET INC COM CL A SMAR	SMAR	38,027	$1.8m0.16%	0.16%	Reduced -1.9k	-1,920 -4.8%
88	ISHARES TR RUS MDCP VAL ETF IWS	IWS	15,384	$1.6m0.14%	0.14%	Reduced -229	-229 -1.5%
89	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	47,579	$1.6m0.14%	0.14%	Reduced -1.6k	-1,591 -3.2%
90	ISHARES TR RUS TP200 GR ETF IWY	IWY	11,560	$1.6m0.14%	0.14%	Added +2.7k	+2,651 29.8%
91	ISHARES TR BROAD USD HIGH USHY	USHY	44,591	$1.6m0.14%	0.14%	Reduced -6.0k	-5,958 -11.8%
92	ISHARES TR RUSSELL 2000 ETF IWM	IWM	8,437	$1.5m0.13%	0.13%	Added +2.3k	+2,285 37.1%
93	ISHARES TR MSCI GBL SUS DEV SDG	SDG	18,737	$1.5m0.13%	0.13%	Added +7.9k	+7,939 73.5%
94	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	37,447	$1.4m0.13%	0.13%	Reduced -1.5k	-1,512 -3.9%
95	ISHARES TR IBONDS 23 TRM HG IBONDS 23 TRM HG		58,411	$1.4m0.12%	0.12%	Added +10.1k	+10,109 20.9%
96	EXXON MOBIL CORP COM XOM	XOM	12,539	$1.4m0.12%	0.12%	Reduced -681	-681 -5.2%
97	SOFI TECHNOLOGIES INC COM SOFI	SOFI	203,675	$1.2m0.11%	0.11%	Added +4.9k	+4,897 2.5%
98	TESLA INC COM TSLA	TSLA	5,772	$1.2m0.11%	0.11%	Unchanged
99	NUSHARES ETF TR NUVEEN ESG LRGCP NULG	NULG	18,852	$1.1m0.09%	0.09%	Reduced -58	-58 -0.3%
100	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	22,235	$977.0k0.09%	0.09%	Reduced -831	-831 -3.6%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
MCCORMICK & CO INC MKC	MKC	6,508	$539.4k6.5k shares
VANGUARD MUN BD FDS VTEB	VTEB	9,736	$481.8k9.7k shares
VANGUARD INDEX FDS VTI	VTI	1,439	$275.1k1.4k shares
ISHARES TR IEFA	IEFA	4,356	$268.5k4.4k shares
VANGUARD STAR FDS VXUS	VXUS	5,060	$261.7k5.1k shares
WALMART INC WMT	WMT	1,767	$250.5k1.8k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	9,500	$3.9m9.5k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	10,000	$3.2m10.0k shares	New
ARK ETF TR ARKK · Put	ARKK	Put	5,000	$201.7k5.0k shares	New