Towercrest Capital Management

NEWTOWN, PA · CIK 1633288 · 13F filing filed 2026-08-03

SEC-registered investment adviser since 2015 · limited liability company

Assets managed$717.6m
Staff1 · 1 in investment roles
Main clients (by assets)Other advisers 72%, High net worth individuals 26%, Individuals 2%
Form ADV · 2026-06-22SEC adviser record

Others nearbyNewtown, PA

$717.0m reported value +11.8% vs Q1 2026

109positions

55.9%in top 10

12 new 36 added 33 reduced 5 sold out vs Q1 2026

Options: 0 call positions (— notional), 1 put positions ($376.0k notional) – listed below, not included above.

Holdings, Q2 2026

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	ISHARES TR CORE S&P500 ETF IVV	IVV	113,426	$84.9m11.85%	11.85%	Added +9.2k	+9,238 8.9%
2	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	2,222,715	$65.4m9.12%	9.12%	Added +46.4k	+46,357 2.1%
3	ISHARES TR CORE US AGGBD ET AGG	AGG	443,414	$43.9m6.12%	6.12%	Added +35.1k	+35,099 8.6%
4	ISHARES TR IBOXX HI YD ETF HYG	HYG	481,066	$38.5m5.37%	5.37%	Added +18.4k	+18,435 4.0%
5	ISHARES TR IBOXX INV CP ETF LQD	LQD	327,308	$35.7m4.98%	4.98%	Added +36.0k	+36,040 12.4%
6	ISHARES TR CORE MSCI EAFE IEFA	IEFA	331,636	$32.0m4.47%	4.47%	Added +37.3k	+37,296 12.7%
7	ISHARES INC CORE MSCI EMKT IEMG	IEMG	345,719	$28.6m3.99%	3.99%	Added +14.9k	+14,903 4.5%
8	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	527,506	$26.9m3.76%	3.76%	Reduced -9.7k	-9,703 -1.8%
9	ISHARES TR JPMORGAN USD EMG EMB	EMB	239,041	$23.1m3.21%	3.21%	Added +17.2k	+17,206 7.8%
10	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	956,732	$22.1m3.09%	3.09%	Reduced -58.1k	-58,051 -5.7%
11	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	790,195	$21.9m3.05%	3.05%	Added +1.7k	+1,727 0.2%
12	ISHARES TR CORE S&P MCP ETF IJH	IJH	238,477	$18.4m2.56%	2.56%	Added +8.2k	+8,197 3.6%
13	SCHWAB STRATEGIC TR EMRG MKTEQ ETF SCHE	SCHE	476,643	$17.3m2.41%	2.41%	Reduced -13.9k	-13,898 -2.8%
14	SPDR SER TR BLOOMBERG INVT FLRN	FLRN	541,503	$16.7m2.33%	2.33%	Reduced -43.3k	-43,321 -7.4%
15	ISHARES TR CORE S&P SCP ETF IJR	IJR	105,624	$15.7m2.18%	2.18%	Added +4.2k	+4,163 4.1%
16	ISHARES TR NATIONAL MUN ETF MUB	MUB	144,937	$15.6m2.18%	2.18%	Added +5.0k	+4,984 3.6%
17	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	173,788	$15.3m2.13%	2.13%	Added +5.4k	+5,430 3.2%
18	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	364,410	$13.4m1.87%	1.87%	Reduced -11.8k	-11,783 -3.1%
19	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	414,502	$12.0m1.67%	1.67%	Added +9.8k	+9,822 2.4%
20	ISHARES TR CORE S&P TTL STK ITOT	ITOT	72,112	$11.8m1.65%	1.65%	Added +6.3k	+6,339 9.6%
21	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	14,586	$10.9m1.52%	1.52%	Added +407	+407 2.9%
22	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	294,689	$10.6m1.48%	1.48%	Reduced -16.1k	-16,062 -5.2%
23	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	390,850	$10.0m1.39%	1.39%	Reduced -479	-479 -0.1%
24	APPLE INC COM AAPL	AAPL	33,727	$9.8m1.36%	1.36%	Reduced -399	-399 -1.2%
25	SPDR SER TR PORTFOLIO INTRMD SPIB	SPIB	240,113	$8.0m1.12%	1.12%	Added +18.7k	+18,727 8.5%
26	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	175,323	$7.4m1.04%	1.04%	Reduced -258	-258 -0.1%
27	ISHARES TR CORE DIV GRWTH DGRO	DGRO	97,675	$7.4m1.03%	1.03%	Added +8.7k	+8,685 9.8%
28	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	116,999	$6.1m0.84%	0.84%	Added +368	+368 0.3%
29	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	117,680	$5.9m0.83%	0.83%	Added +4.2k	+4,249 3.8%
30	COLGATE PALMOLIVE CO COM CL	CL	63,891	$5.9m0.82%	0.82%	Added +2	+2 0.0%
31	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	179,585	$5.7m0.79%	0.79%	Reduced -30.9k	-30,853 -14.7%
32	INVESCO EXCH TRADED FD TR II EMRNG MKT SVRG PCY	PCY	211,860	$4.6m0.64%	0.64%	Reduced -20.3k	-20,348 -8.8%
33	ISHARES TR RUS 1000 GRW ETF IWF	IWF	28,805	$3.6m0.50%	0.50%	Added +1	+1 0.0%
34	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	102,084	$3.5m0.48%	0.48%	Reduced -34	-34 -0.0%
35	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	43,507	$2.9m0.41%	0.41%	Reduced -451	-451 -1.0%
36	MICROSOFT CORP COM MSFT	MSFT	7,017	$2.6m0.37%	0.37%	Reduced -8	-8 -0.1%
37	SPDR SER TR NUVEEN BLMBRG MU TFI	TFI	55,947	$2.6m0.36%	0.36%	Reduced -13.2k	-13,232 -19.1%
38	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	42,686	$2.5m0.34%	0.34%	Reduced -739	-739 -1.7%
39	ALPHABET INC CAP STK CL C GOOG	GOOG	5,890	$2.1m0.29%	0.29%	Unchanged
40	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,588	$1.9m0.27%	0.27%	Reduced -761	-761 -22.7%
41	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	20,742	$1.9m0.26%	0.26%	Added +1.0k	+1,002 5.1%
42	JOHNSON & JOHNSON COM JNJ	JNJ	7,357	$1.9m0.26%	0.26%	Added +1	+1 0.0%
43	ISHARES TR 1 3 YR TREAS BD SHY	SHY	21,993	$1.8m0.25%	0.25%	Added +1.2k	+1,239 6.0%
44	SPDR SER TR PRTFLO S&P500 HI SPYD	SPYD	37,307	$1.8m0.25%	0.25%	Reduced -1.3k	-1,342 -3.5%
45	NVIDIA CORPORATION COM NVDA	NVDA	8,696	$1.7m0.24%	0.24%	Added +13	+13 0.1%
46	PIMCO ETF TR INV GRD CRP BD CORP	CORP	16,707	$1.6m0.23%	0.23%	Reduced -5.6k	-5,644 -25.2%
47	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,329	$1.5m0.22%	0.22%	Added +20	+20 0.5%
48	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	6,989	$1.5m0.21%	0.21%	Unchanged
49	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,876	$1.3m0.18%	0.18%	Added +31	+31 1.7%
50	SCHWAB STRATEGIC TR SHT TM US TRES SCHO	SCHO	50,588	$1.2m0.17%	0.17%	Added +220	+220 0.4%
51	MERCK & CO INC COM MRK	MRK	9,225	$1.2m0.17%	0.17%	Unchanged
52	JPMORGAN CHASE & CO COM JPM	JPM	3,612	$1.2m0.16%	0.16%	Reduced -616	-616 -14.6%
53	AMAZON COM INC COM AMZN	AMZN	4,893	$1.2m0.16%	0.16%	Unchanged
54	CISCO SYS INC COM CSCO	CSCO	9,791	$1.2m0.16%	0.16%	Reduced -600	-600 -5.8%
55	META PLATFORMS INC CL A META	META	1,987	$1.1m0.16%	0.16%	Reduced -10	-10 -0.5%
56	VISA INC COM CL A V	V	2,797	$959.6k0.13%	0.13%	Unchanged
57	HOME DEPOT INC COM HD	HD	2,484	$876.1k0.12%	0.12%	Unchanged
58	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	24,210	$842.8k0.12%	0.12%	Unchanged
59	COCA COLA CONS INC COM COKE	COKE	9,140	$742.8k0.10%	0.10%	Reduced -100	-100 -1.1%
60	BANK AMERICA CORP COM BAC	BAC	12,875	$733.6k0.10%	0.10%	Unchanged
61	STARBUCKS CORP COM SBUX	SBUX	6,601	$674.5k0.09%	0.09%	Reduced -150	-150 -2.2%
62	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	2,741	$648.5k0.09%	0.09%	Unchanged
63	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,691	$625.9k0.09%	0.09%	Added +18	+18 1.1%
64	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,187	$614.9k0.09%	0.09%	Added +1	+1 0.1%
65	AT&T INC COM T	T	28,926	$598.8k0.08%	0.08%	Added +45	+45 0.2%
66	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	12,636	$574.8k0.08%	0.08%	Unchanged
67	BROADCOM INC COM AVGO	AVGO	1,496	$565.1k0.08%	0.08%	Reduced -8	-8 -0.5%
68	ISHARES TR RUS 1000 VAL ETF IWD	IWD	2,185	$529.6k0.07%	0.07%	Reduced -50	-50 -2.2%
69	WALMART INC COM WMT	WMT	4,403	$498.7k0.07%	0.07%	Added +50	+50 1.1%
70	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	5,721	$468.8k0.07%	0.07%	Unchanged
71	LINDE PLC SHS LIN	LIN	893	$463.4k0.06%	0.06%	Unchanged
72	SANDISK CORP COM SNDK	SNDK	195	$443.4k0.06%	0.06%	New
73	CHEVRON CORP NEW COM CVX	CVX	2,599	$430.8k0.06%	0.06%	Reduced -75	-75 -2.8%
74	TRANE TECHNOLOGIES PLC SHS TT	TT	871	$427.8k0.06%	0.06%	Unchanged
75	CITIGROUP INC COM NEW C	C	2,939	$411.3k0.06%	0.06%	Unchanged
76	EXXON MOBIL CORP COM XOM	XOM	2,958	$404.4k0.06%	0.06%	New
77	ORACLE CORP COM ORCL	ORCL	2,648	$388.1k0.05%	0.05%	Unchanged
78	ELI LILLY & CO COM LLY	LLY	314	$376.6k0.05%	0.05%	Reduced -5	-5 -1.6%
79	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	4,347	$374.5k0.05%	0.05%	Reduced -9.5k	-9,465 -68.5%
80	WESTERN DIGITAL CORP COM WDC	WDC	586	$374.3k0.05%	0.05%	New
81	NEXTERA ENERGY INC COM NEE	NEE	4,257	$373.7k0.05%	0.05%	Reduced -763	-763 -15.2%
82	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	2,365	$371.2k0.05%	0.05%	Unchanged
83	COSTCO WHSL CORP NEW COM COST	COST	385	$360.1k0.05%	0.05%	Unchanged
84	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	709	$354.8k0.05%	0.05%	Unchanged
85	ISHARES TR RUS MD CP GR ETF IWP	IWP	2,360	$345.5k0.05%	0.05%	Unchanged
86	GE VERNOVA INC COM GEV	GEV	275	$323.1k0.05%	0.05%	Unchanged
87	UNITEDHEALTH GROUP INC COM UNH	UNH	770	$320.0k0.04%	0.04%	Unchanged
88	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	650	$310.4k0.04%	0.04%	Unchanged
89	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	3,652	$296.4k0.04%	0.04%	Unchanged
90	DELL TECHNOLOGIES INC CL C DELL	DELL	674	$290.8k0.04%	0.04%	New
91	PHILIP MORRIS INTL INC COM PM	PM	3,924	$282.3k0.04%	0.04%	Unchanged
92	INTEL CORP COM INTC	INTC	1,904	$265.9k0.04%	0.04%	New
93	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	3,082	$258.1k0.04%	0.04%	Added +221	+221 7.7%
94	PFIZER INC COM PFE	PFE	10,599	$255.2k0.04%	0.04%	New
95	VERIZON COMMUNICATIONS INC COM VZ	VZ	5,978	$253.1k0.04%	0.04%	Added +13	+13 0.2%
96	NETFLIX INC COM NFLX	NFLX	3,490	$249.2k0.03%	0.03%	Unchanged
97	3M CO COM MMM	MMM	1,513	$245.0k0.03%	0.03%	Unchanged
98	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	8,361	$242.6k0.03%	0.03%	Added +124	+124 1.5%
99	ISHARES TR RUSSELL 1000 US AMCA	AMCA	590	$241.6k0.03%	0.03%	Unchanged
100	PNC FINL SVCS GROUP INC COM PNC	PNC	978	$240.8k0.03%	0.03%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VANGUARD INDEX FDS VTV	VTV	3,207	$629.2k3.2k shares
BANK NEW YORK MELLON CORP BNY	BNY	2,575	$305.5k2.6k shares
HERSHEY CO HSY	HSY	1,100	$228.7k1.1k shares
FEDEX CORP FDX	FDX	611	$217.6k611 shares
LAS VEGAS SANDS CORP LVS	LVS	3,850	$207.4k3.9k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
GE AEROSPACE GE · Put	GE	Put	1,006	$376.0k1.0k shares	Reduced