Black Diamond Financial, LLC
CIK 1759236 · View on SEC EDGAR ↗
- Portfolio value
- $1.1B
- Positions
- 198
- As of
- June 30, 2026
#2,249 of 9,443 by 13F value · top 23.8%
Portfolio value QoQ: +23.7% 13F does not disclose cash
- Top 10 holdings weight
- 50.20%
- Top 25 holdings weight
- 76.35%
- Positions above 1%
- 28
- Effective number of positions
- 26.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.07% Est. buys $232,153,769 · sells $10,925,115
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.3% still held
- New positions
- 20
- Increased
- 83
- Decreased
- 70
- Closed
- 7
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Consumer Discretionary
2.5%
Technology
2.1%
Healthcare
0.9%
Communication Services
0.8%
Industrials
0.7%
Retail
0.6%
Financials
0.5%
Financial Services
0.5%
Utilities
0.3%
Energy
0.2%
Consumer Staples
0.1%
Real Estate
0.1%
Communications
0.0%
Consumer products
0.0%
Logistics & Transportation
0.0%
Materials
0.0%
Other/Unmapped
90.8%
Full portfolio 198 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MGV | $123,768,922 | 10.91% | 757,229 | $16,902,989 | Up ×1 | ||
| MGK | $96,421,366 | 8.50% | 1,096,819 | $19,819,693 | Up ×1 | ||
| SCHV | $61,246,424 | 5.40% | 1,759,449 | $18,210,455 | Up ×4 | ||
| SCHG | $60,250,845 | 5.31% | 1,780,462 | $23,541,992 | Up ×4 | ||
| AGG | $46,976,741 | 4.14% | 474,608 | $2,347,849 | Up ×4 | ||
| SPTI | $44,533,776 | 3.93% | 1,568,643 | $1,913,574 | Up ×4 | ||
| MGC | $41,043,546 | 3.62% | 149,997 | $14,549,100 | Up ×1 | ||
| VUG | $34,598,546 | 3.05% | 401,654 | $4,953,601 | Up ×1 | ||
| SCHF | $32,805,988 | 2.89% | 1,184,331 | $5,009,760 | Up ×4 | ||
| VOT | $27,651,874 | 2.44% | 90,277 | $6,299,015 | Up ×1 | ||
| LIND Lindblad Expeditions Holdings Inc. - Common Stock | $27,109,383 | 2.39% | 959,964 | $8,626,720 | Down ×1 | ||
| FREL | $26,291,976 | 2.32% | 897,336 | $4,029,304 | Up ×6 | ||
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | $23,464,883 | 2.07% | 441,318 | $1,260,326 | Up ×4 | ||
| SCHX | $23,065,844 | 2.03% | 783,753 | $2,873,534 | Down ×3 | ||
| IMCV iShares Morningstar Mid-Cap Value ETF | $22,443,416 | 1.98% | 245,612 | $4,033,272 | Up ×1 | ||
| VTI | $20,339,222 | 1.79% | 54,965 | $12,613,283 | Up ×4 | ||
| SCHO | $19,843,010 | 1.75% | 821,997 | $2,293,331 | Up ×4 | ||
| VTV | $19,620,934 | 1.73% | 90,032 | $1,955,035 | Down ×2 | ||
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | $19,321,638 | 1.70% | 368,663 | $1,552,676 | Up ×4 | ||
| MUB | $19,137,204 | 1.69% | 177,822 | $1,249,230 | Up ×4 | ||
| VBR | $18,965,030 | 1.67% | 78,049 | $2,880,875 | Up ×4 | ||
| IEMG | $15,275,316 | 1.35% | 184,395 | $3,541,016 | Up ×4 | ||
| VO | $14,992,482 | 1.32% | 186,080 | $2,600,661 | Up ×2 | ||
| VV | $13,413,646 | 1.18% | 39,003 | $7,691,943 | Up ×2 | ||
| VEA | $13,248,230 | 1.17% | 185,940 | $1,367,991 | Up ×4 | ||
| VB | $13,118,776 | 1.16% | 43,280 | $3,765,495 | Up ×1 | ||
| ISCG | $12,636,514 | 1.11% | 192,806 | $2,985,085 | Up ×1 | ||
| SCHM | $11,917,126 | 1.05% | 323,221 | $3,652,667 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $10,922,359 | 0.96% | 37,747 | $1,388,419 | Up ×4 | ||
| VBK | $10,566,033 | 0.93% | 28,893 | $2,844,604 | Up ×1 | ||
| SCHA | $8,404,987 | 0.74% | 232,632 | $1,593,438 | Down ×6 | ||
| VOO | $7,945,288 | 0.70% | 11,568 | $879,629 | Down ×1 | ||
| RSP | $7,641,558 | 0.67% | 35,915 | $71,535 | Down ×1 | ||
| IVV | $7,060,602 | 0.62% | 9,428 | $537,593 | Down ×1 | ||
| VEU | $6,581,376 | 0.58% | 78,583 | $893,768 | Up ×2 | ||
| SPY SPY | $6,383,438 | 0.56% | 8,548 | $2,560,739 | Up ×6 | ||
| VOE | $6,207,127 | 0.55% | 31,413 | $489,769 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $6,010,035 | 0.53% | 8,161 | $1,003,366 | Down ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $5,216,544 | 0.46% | 66,007 | $-204,181 | Down ×4 | ||
| VNQ | $5,144,023 | 0.45% | 53,345 | $747,919 | Up ×4 | ||
| VYM | $4,958,192 | 0.44% | 31,375 | $3,371,627 | Up ×3 | ||
| IMCG | $4,223,167 | 0.37% | 42,962 | $867,957 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $4,116,869 | 0.36% | 11,652 | $765,041 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $4,011,173 | 0.35% | 10,753 | $72,254 | Up ×4 | ||
| SDY | $3,898,090 | 0.34% | 25,615 | $-252,736 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $3,744,740 | 0.33% | 18,715 | $366,713 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $3,444,529 | 0.30% | 9,639 | $788,770 | Up ×4 | ||
| IJR | $3,427,109 | 0.30% | 23,107 | $620,152 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $3,344,864 | 0.29% | 14,034 | $441,581 | Up ×6 | ||
| JPM JP Morgan Chase & Co. Common Stock | $3,044,120 | 0.27% | 9,300 | $306,667 | Down ×1 | ||
| VGT | $3,031,474 | 0.27% | 25,363 | $873,796 | Up ×6 | ||
| XLK XLK | $3,026,219 | 0.27% | 15,884 | $1,009,594 | Up ×1 | ||
| BRKB | $2,712,617 | 0.24% | 5,421 | $177,650 | Up ×2 | ||
| SCHH | $2,495,348 | 0.22% | 105,377 | $262,376 | Up ×4 | ||
| VIG | $2,464,756 | 0.22% | 10,416 | $216,225 | Down ×1 | ||
| IJH | $2,325,716 | 0.21% | 30,161 | $1,825,723 | Up ×2 | ||
| IEFA | $2,167,346 | 0.19% | 22,441 | $135,769 | |||
| CORT Corcept Therapeutics Incorporated - Common Stock | $2,104,017 | 0.19% | 24,198 | $1,813,785 | Up ×2 | ||
| PHYS | $2,039,552 | 0.18% | 67,602 | $508,260 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $2,002,013 | 0.18% | 3,898 | $28,856 | Down ×2 | ||
| CAPR Capricor Therapeutics, Inc. - Common Stock | $1,904,174 | 0.17% | 79,077 | $-499,767 | |||
| VTEB | $1,893,563 | 0.17% | 37,437 | $-371,643 | Down ×3 | ||
| SPDW | $1,886,878 | 0.17% | 37,445 | $237,141 | Up ×3 | ||
| V Visa Inc. | $1,858,756 | 0.16% | 5,417 | $168,930 | Down ×1 | ||
| USMV | $1,779,397 | 0.16% | 18,447 | $68,623 | |||
| ISCV | $1,676,956 | 0.15% | 21,412 | $312,544 | Up ×1 | ||
| GLD | $1,655,130 | 0.15% | 4,493 | $73,382 | Up ×4 | ||
| VWO | $1,595,276 | 0.14% | 26,726 | $274,562 | Up ×5 | ||
| BAC Bank of America Corporation Common Stock | $1,516,278 | 0.13% | 26,610 | $172,913 | Down ×1 | ||
| SRLN | $1,505,877 | 0.13% | 37,376 | $5,604 | |||
| LLY Eli Lilly and Company Common Stock | $1,477,154 | 0.13% | 1,232 | $334,197 | Down ×3 | ||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $1,445,926 | 0.13% | 5,822 | $-179,890 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $1,408,234 | 0.12% | 1,220 | $989,651 | Down ×1 | ||
| IWF | $1,394,677 | 0.12% | 11,232 | $197,346 | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $1,297,038 | 0.11% | 1,218 | $444,892 | Up ×2 | ||
| VFH | $1,180,847 | 0.10% | 8,973 | $94,051 | Down ×2 | ||
| BBHL | $1,175,336 | 0.10% | 67,548 | $160,765 | |||
| MCK McKesson Corporation Common Stock | $1,143,606 | 0.10% | 1,514 | $-190,389 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,127,245 | 0.10% | 2,001 | $-112,534 | Down ×1 | ||
| PWR Quanta Services, Inc. Common Stock | $1,087,981 | 0.10% | 1,511 | $180,452 | Down ×1 | ||
| MDY | $981,862 | 0.09% | 1,396 | $550,130 | Up ×1 | ||
| SHV iShares 0-1 Year Treasury Bond ETF | $960,377 | 0.08% | 8,703 | $49,549 | Up ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $942,716 | 0.08% | 6,895 | $-236,752 | Down ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $916,092 | 0.08% | 7,852 | $-271,556 | Down ×1 | ||
| ESGV | $809,308 | 0.07% | 6,120 | $122,216 | |||
| HDV | $803,798 | 0.07% | 29,325 | $7,800 | Up ×1 | ||
| KNX Knight-Swift Transportation Holdings Inc. | $802,995 | 0.07% | 10,312 | $205,487 | Down ×1 | ||
| CVX Chevron Corporation Common Stock | $772,352 | 0.07% | 4,659 | $93,914 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $754,084 | 0.07% | 806 | $-63,068 | Down ×2 | ||
| SPEM | $751,276 | 0.07% | 14,509 | $78,634 | Up ×1 | ||
| IAU | $725,275 | 0.06% | 9,605 | $-121,500 | |||
| CSX CSX Corporation - Common Stock | $722,978 | 0.06% | 15,211 | $101,194 | Up ×1 | ||
| PSLV | $719,645 | 0.06% | 38,137 | $-210,516 | |||
| SPYG | $716,559 | 0.06% | 6,022 | $132,722 | Up ×2 | ||
| EXC Exelon Corporation - Common Stock | $706,106 | 0.06% | 15,146 | $-37,877 | Down ×1 | ||
| EFAV | $681,859 | 0.06% | 7,774 | $-50,016 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $673,616 | 0.06% | 5,947 | $-38,902 | Up ×1 | ||
| PL Planet Labs PBC Class A Common Stock | $671,678 | 0.06% | 20,274 | $-1,493,776 | Down ×1 | ||
| SCHB | $665,904 | 0.06% | 22,994 | $94,374 | Up ×6 | ||
| VONG Vanguard Russell 1000 Growth ETF | $665,123 | 0.06% | 5,204 | $116,673 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SCHV | $61,246,424 | 5.40% | up ×4 |
| SCHG | $60,250,845 | 5.31% | up ×4 |
| AGG | $46,976,741 | 4.14% | up ×4 |
| SPTI | $44,533,776 | 3.93% | up ×4 |
| SCHF | $32,805,988 | 2.89% | up ×4 |
| FREL | $26,291,976 | 2.32% | up ×6 |
| IGIB | $23,464,883 | 2.07% | up ×4 |
| VTI | $20,339,222 | 1.79% | up ×4 |
| SCHO | $19,843,010 | 1.75% | up ×4 |
| IGSB | $19,321,638 | 1.70% | up ×4 |
| MUB | $19,137,204 | 1.69% | up ×4 |
| VBR | $18,965,030 | 1.67% | up ×4 |
| IEMG | $15,275,316 | 1.35% | up ×4 |
| VEA | $13,248,230 | 1.17% | up ×4 |
| AAPL | $10,922,359 | 0.96% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TROW | $456,579 | 4,016 | 0.04% |
| TBN | $438,885 | 13,500 | 0.04% |
| VGSH | $385,810 | 6,629 | 0.03% |
| STX | $377,315 | 391 | 0.03% |
| C | $314,168 | 2,245 | 0.03% |
| VCIT | $313,409 | 3,792 | 0.03% |
| PM | $301,341 | 1,666 | 0.03% |
| SCHD | $266,935 | 8,418 | 0.02% |
| IWN | $255,485 | 1,155 | 0.02% |
| GLW | $250,322 | 980 | 0.02% |
| TSM | $250,247 | 524 | 0.02% |
| LRCX | $244,832 | 565 | 0.02% |
| PNC | $240,290 | 976 | 0.02% |
| ALRM | $235,936 | 5,050 | 0.02% |
| AMAT | $235,349 | 325 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SCHG | Bought more | +520K | +$23.5M |
| MGK | Bought more | +888K | +$19.8M |
| SCHV | Bought more | +348K | +$18.2M |
| MGV | Bought more | +20K | +$16.9M |
| MGC | Bought more | +38K | +$14.5M |
| VTI | Bought more | +31K | +$12.6M |
| LIND | Trimmed | -108K | +$8.6M |
| VV | Bought more | +20K | +$7.7M |
| VOT | Bought more | +7K | +$6.3M |
| SCHF | Bought more | +61K | +$5.0M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPTM | March 31, 2026 | 78,155 | $6,447,789 | No longer tracked |
| DFUS | March 31, 2026 | 59,644 | $4,423,795 | No longer tracked |
| QQQ | Sept. 30, 2025 | 5,178 | $2,856,108 | |
| SPDW | June 30, 2025 | 22,813 | $830,621 | No longer tracked |
| SMH | March 31, 2026 | 2,200 | $792,286 | 46.5% |
| IWB | June 30, 2025 | 1,618 | $496,305 | No longer tracked |
| XAR | March 31, 2026 | 1,940 | $468,016 | No longer tracked |
| SSB | March 31, 2026 | 4,704 | $442,659 | 15.5% |
| SSBXXXX | Sept. 30, 2025 | 4,704 | $432,875 | No longer tracked |
| SPEM | June 30, 2025 | 10,780 | $424,409 | No longer tracked |
| PWR | June 30, 2025 | 1,629 | $414,060 | 74.3% |
| RTX | Sept. 30, 2025 | 2,392 | $349,253 | 27.1% |
| HON | June 30, 2026 | 1,524 | $344,470 | -1.9% |
| MLPA | March 31, 2026 | 7,000 | $338,870 | No longer tracked |
| WSC | March 31, 2025 | 10,000 | $334,500 | -20.3% |
| FCN | June 30, 2025 | 2,000 | $328,160 | -5.2% |
| MSTR | Dec. 31, 2025 | 1,013 | $326,399 | -20.8% |
| COF | June 30, 2025 | 1,651 | $296,024 | 2.3% |
| AVGO | March 31, 2025 | 1,262 | $292,576 | 122.6% |
| LCTU | Sept. 30, 2025 | 4,019 | $270,366 | No longer tracked |
| ESGU | Sept. 30, 2025 | 1,893 | $256,128 | |
| HYG | Dec. 31, 2025 | 3,103 | $251,933 | No longer tracked |
| HYMB | March 31, 2025 | 9,320 | $238,405 | No longer tracked |
| BX | March 31, 2026 | 1,508 | $232,435 | 24.6% |
| ROST | June 30, 2025 | 1,813 | $231,683 | 86.9% |
| PAVE | Dec. 31, 2025 | 4,811 | $229,153 | No longer tracked |
| NFLX | June 30, 2026 | 2,336 | $224,609 | 11.4% |
| INTU | March 31, 2026 | 339 | $224,559 | -16.6% |
| FCNCA | March 31, 2026 | 103 | $221,057 | 15.7% |
| SO | Dec. 31, 2025 | 2,326 | $220,435 | 4.5% |
| USXF | Sept. 30, 2025 | 4,049 | $218,363 | 19.2% |
| MCD | June 30, 2025 | 696 | $217,397 | -8.1% |
| SCHZ | June 30, 2026 | 9,332 | $216,688 | No longer tracked |
| MCD | June 30, 2026 | 686 | $213,279 | -0.6% |
| AJG | June 30, 2025 | 615 | $212,202 | -18.8% |
| DSI | Sept. 30, 2025 | 1,826 | $212,108 | No longer tracked |
| DHR | March 31, 2025 | 917 | $210,519 | 4.4% |
| DUK | March 31, 2025 | 1,951 | $210,211 | 0.2% |
| SCHZ | Dec. 31, 2025 | 8,892 | $208,695 | No longer tracked |
| MKC | June 30, 2025 | 2,529 | $208,178 | -27.0% |
| PGR | March 31, 2026 | 901 | $205,175 | 11.0% |
| TIP | Sept. 30, 2025 | 1,854 | $204,015 | No longer tracked |
| DFAC | June 30, 2025 | 6,175 | $203,713 | No longer tracked |
| UBER | March 31, 2026 | 2,457 | $200,763 | 8.7% |
| SPG | March 31, 2025 | 1,163 | $200,302 | 32.3% |
| CTOS | Sept. 30, 2025 | 26,100 | $128,934 | 54.1% |
| DCGO | June 30, 2025 | 38,592 | $101,883 | -72.4% |
| ILPT | June 30, 2026 | 10,000 | $56,800 | -6.4% |
| CVM | March 31, 2025 | 95,000 | $37,991 | No longer tracked |
| MCHX | June 30, 2026 | 20,000 | $31,000 | 10.6% |
| DYAI | June 30, 2026 | 19,331 | $15,851 | -21.1% |