Capital Squared Financial LLC

ROCKVILLE, MD · CIK 2128691 · 13F filing filed 2026-04-17

SEC-registered investment adviser since 2024 · limited liability company

Assets managed$198.7m
Staff3 · 2 in investment roles
Main clients (by assets)Individuals 92%, High net worth individuals 8%
Websitecsqfinancial.com
Form ADV · 2026-02-10SEC adviser record

$115.3m reported value +34.4% vs Q2 2025

78positions

47.4%in top 10

12 new 52 added 12 reduced 0 sold out vs Q2 2025

Holdings, Q3 2025

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	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	305,777	$9.8m8.46%	8.46%	Added +31.9k	+31,907 11.7%
2	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	357,901	$9.4m8.18%	8.18%	Added +30.3k	+30,274 9.2%
3	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	290,241	$8.4m7.33%	7.33%	Added +26.4k	+26,356 10.0%
4	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	12,687	$7.6m6.61%	6.61%	Added +2.4k	+2,354 22.8%
5	APPLE INC COM AAPL	AAPL	14,491	$3.7m3.20%	3.20%	Added +1.4k	+1,401 10.7%
6	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	11,923	$3.7m3.18%	3.18%	Added +664	+664 5.9%
7	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	7,535	$3.6m3.14%	3.14%	Added +408	+408 5.7%
8	NVIDIA CORPORATION COM NVDA	NVDA	16,042	$3.0m2.60%	2.60%	Added +8.6k	+8,606 115.7%
9	ISHARES TR CORE S&P MCP ETF IJH	IJH	43,928	$2.9m2.49%	2.49%	Added +4.2k	+4,234 10.7%
10	VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF VGK	VGK	31,805	$2.5m2.20%	2.20%	Added +8.5k	+8,497 36.5%
11	ISHARES TR RUS MDCP VAL ETF IWS	IWS	17,195	$2.4m2.08%	2.08%	Added +3.0k	+3,024 21.3%
12	MICROSOFT CORP COM MSFT	MSFT	4,312	$2.2m1.94%	1.94%	Added +533	+533 14.1%
13	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	35,415	$2.1m1.82%	1.82%	Added +13.1k	+13,059 58.4%
14	VANGUARD INDEX FDS VALUE ETF VTV	VTV	11,138	$2.1m1.80%	1.80%	Added +1.6k	+1,618 17.0%
15	ISHARES TR CORE HIGH DV ETF HDV	HDV	16,747	$2.1m1.78%	1.78%	Added +5.7k	+5,689 51.5%
16	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	70,671	$1.9m1.67%	1.67%	Added +18.1k	+18,078 34.4%
17	ISHARES TR CORE S&P SCP ETF IJR	IJR	15,893	$1.9m1.64%	1.64%	Added +509	+509 3.3%
18	ISHARES TR SP SMCP600VL ETF IJS	IJS	16,486	$1.8m1.58%	1.58%	Reduced -237	-237 -1.4%
19	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	59,761	$1.8m1.54%	1.54%	Added +1.4k	+1,390 2.4%
20	ISHARES TR RUS MD CP GR ETF IWP	IWP	12,250	$1.7m1.51%	1.51%	Added +2.9k	+2,892 30.9%
21	BANK AMERICA CORP COM BAC	BAC	31,684	$1.6m1.42%	1.42%	New
22	SPDR SER TR S&P 400 MDCP VAL MDYV	MDYV	19,213	$1.6m1.39%	1.39%	Added +2.1k	+2,110 12.3%
23	ISHARES TR S&P SML 600 GWT IJT	IJT	11,303	$1.6m1.39%	1.39%	Added +94	+94 0.8%
24	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	30,323	$1.5m1.33%	1.33%	Added +917	+917 3.1%
25	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	3,699	$1.5m1.29%	1.29%	Reduced -130	-130 -3.4%
26	VANGUARD INDEX FDS SMALL CP ETF VB	VB	5,634	$1.4m1.24%	1.24%	Added +2.4k	+2,390 73.7%
27	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	10,117	$1.4m1.24%	1.24%	Added +5.4k	+5,415 115.2%
28	VANGUARD WORLD FD INF TECH ETF VGT	VGT	1,879	$1.4m1.22%	1.22%	Reduced -118	-118 -5.9%
29	SPDR SER TR S&P 400 MDCP GRW MDYG	MDYG	15,107	$1.4m1.20%	1.20%	Reduced -274	-274 -1.8%
30	VANGUARD INDEX FDS MCAP GR IDXVIP VOT	VOT	4,451	$1.3m1.13%	1.13%	Added +508	+508 12.9%
31	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	45,080	$1.3m1.09%	1.09%	Added +7.7k	+7,732 20.7%
32	ISHARES TR CORE S&P500 ETF IVV	IVV	1,854	$1.2m1.08%	1.08%	Added +4	+4 0.2%
33	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	27,898	$1.2m1.07%	1.07%	Added +22.6k	+22,580 424.6%
34	AMAZON COM INC COM AMZN	AMZN	5,255	$1.2m1.00%	1.00%	Added +2.2k	+2,189 71.4%
35	SPDR SERIES TRUST S&P 600 SMCP GRW SLYG	SLYG	11,829	$1.1m0.97%	0.97%	Added +1.3k	+1,327 12.6%
36	JPMORGAN CHASE & CO COM JPM	JPM	3,505	$1.1m0.96%	0.96%	Added +214	+214 6.5%
37	VANGUARD INDEX FDS MID CAP ETF VO	VO	3,388	$995.2k0.86%	0.86%	Added +1.5k	+1,514 80.8%
38	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	4,467	$932.3k0.81%	0.81%	Added +2.9k	+2,947 193.9%
39	ALPHABET INC CAP STK CL C GOOG	GOOG	3,605	$878.1k0.76%	0.76%	New
40	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	3,991	$861.2k0.75%	0.75%	Added +2.5k	+2,483 164.7%
41	SPDR SER TR S&P 600 SMCP VAL SLYV	SLYV	8,812	$781.2k0.68%	0.68%	Reduced -566	-566 -6.0%
42	TOLL BROTHERS INC COM TOL	TOL	5,553	$767.1k0.67%	0.67%	New
43	AMERICAN CENTY ETF TR US QUALITY GROW QGRO	QGRO	6,196	$708.8k0.61%	0.61%	Reduced -285	-285 -4.4%
44	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	2,330	$693.4k0.60%	0.60%	Added +1.4k	+1,408 152.7%
45	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,726	$662.6k0.57%	0.57%	Added +75	+75 2.8%
46	ISHARES GOLD TR ISHARES NEW IAU	IAU	8,688	$632.2k0.55%	0.55%	Added +5	+5 0.1%
47	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	10,188	$610.5k0.53%	0.53%	New
48	COSTCO WHSL CORP NEW COM COST	COST	648	$599.6k0.52%	0.52%	Added +328	+328 102.5%
49	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,792	$576.5k0.50%	0.50%	Added +74	+74 2.7%
50	ISHARES TR S&P 500 GRWT ETF IVW	IVW	4,602	$555.5k0.48%	0.48%	Added +169	+169 3.8%
51	VISA INC COM CL A V	V	1,271	$434.0k0.38%	0.38%	Added +169	+169 15.3%
52	PHILIP MORRIS INTL INC COM PM	PM	2,594	$420.8k0.37%	0.37%	New
53	BROADCOM INC COM AVGO	AVGO	1,275	$420.7k0.36%	0.36%	Reduced -5	-5 -0.4%
54	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	611	$406.8k0.35%	0.35%	Added +2	+2 0.3%
55	ALTRIA GROUP INC COM MO	MO	5,735	$378.9k0.33%	0.33%	New
56	WALMART INC COM WMT	WMT	3,675	$378.7k0.33%	0.33%	Added +43	+43 1.2%
57	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,116	$366.2k0.32%	0.32%	Reduced -26	-26 -2.3%
58	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	2,087	$364.4k0.32%	0.32%	Added +205	+205 10.9%
59	CISCO SYS INC COM CSCO	CSCO	5,313	$363.5k0.32%	0.32%	Added +13	+13 0.2%
60	ISHARES TR RUSSELL 3000 ETF IWV	IWV	907	$343.8k0.30%	0.30%	Reduced -45	-45 -4.7%
61	SPDR SER TR S&P DIVID ETF SDY	SDY	2,393	$335.2k0.29%	0.29%	Added +15	+15 0.6%
62	ISHARES TR S&P 100 ETF OEF	OEF	930	$309.6k0.27%	0.27%	Added +2	+2 0.2%
63	ISHARES TR MSCI USA MMENTM MTUM	MTUM	1,204	$308.8k0.27%	0.27%	New
64	WILLIAMS COS INC COM WMB	WMB	4,647	$294.4k0.26%	0.26%	New
65	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	574	$288.6k0.25%	0.25%	Added +153	+153 36.3%
66	SALESFORCE INC COM CRM	CRM	1,168	$276.7k0.24%	0.24%	Reduced -107	-107 -8.4%
67	SEMPRA COM SRE	SRE	3,000	$269.9k0.23%	0.23%	Unchanged
68	TESLA INC COM TSLA	TSLA	590	$262.4k0.23%	0.23%	New
69	AMERICAN ELEC PWR CO INC COM AEP	AEP	2,309	$259.8k0.23%	0.23%	Added +19	+19 0.8%
70	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	3,440	$252.7k0.22%	0.22%	Reduced -128	-128 -3.6%
71	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	4,121	$247.4k0.21%	0.21%	Added +689	+689 20.1%
72	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	1,266	$240.2k0.21%	0.21%	Unchanged
73	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	2,950	$225.5k0.20%	0.20%	Reduced -234	-234 -7.3%
74	GE AEROSPACE COM NEW GE	GE	729	$219.2k0.19%	0.19%	New
75	MARRIOTT INTL INC NEW CL A MAR	MAR	836	$217.7k0.19%	0.19%	Added +75	+75 9.9%
76	INVESCO EXCH TRADED FD TR II SHORT TERM TREAS TBLL	TBLL	2,000	$211.3k0.18%	0.18%	New
77	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	3,768	$203.0k0.18%	0.18%	New
78	NUVEEN AMT FREE QLTY MUN INC COM XNEAX	XNEAX	13,860	$157.9k0.14%	0.14%	Added +231	+231 1.7%