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Institutional Investment Manager
FINANCIAL CONSULATE, INC
FINANCIAL CONSULATE, INC (CIK: 0001624510) incorporated in Maryland, located at 11019 Mccormick Road, Hunt Valley, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 56 holdings with a total value of $135,490,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SCHWAB U.S. LARGE-CAP ETF 398,722 19,661,000 14.51%
2 WISDOMTREE GLOBAL 317,159 13,774,000 10.17%
3 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 159,490 8,550,000 6.31%
4 SCHWAB U.S. BROAD MARKET ETF 132,887 6,675,000 4.93%
5 SPDR NUVEEN BARLCAYS SOHRT TER 262,397 6,371,000 4.70%
6 MCCORMICK & CO INC 78,512 6,356,000 4.69%
7 ISHARES SILVER TR 416,430 6,259,000 4.62%
8 SCHWAB U.S. MID-CAP ETF 138,529 5,907,000 4.36%
9 HARRIS & HARRIS GROUP INC 1,616,854 4,446,000 3.28%
10 BRADY CORP CL A 171,658 4,247,000 3.13%
11 ALLEGHENY TECHNOLOGIES INC 138,617 4,186,000 3.09%
12 ISHARES TRUST GL CLEAN ENE ETF 367,566 4,087,000 3.02%
13 ISHARES TR 18,195 3,770,000 2.78%
14 MARKET VECTORS ETF TR 99,881 3,332,000 2.46%
15 HONDA MOTOR CO ADR SPONSORED 102,326 3,315,000 2.45%
16 ITRON INC 95,609 3,293,000 2.43%
17 Hewlett Packard Co 100,707 3,022,000 2.23%
18 CAMPBELL SOUP CO 56,727 2,703,000 1.99%
19 APPLE INC 16,365 2,053,000 1.52%
20 SCHWAB INTERNATIONAL EQUITY ETF 66,293 2,020,000 1.49%
21 SCHWAB U.S. REIT ETF 47,966 1,742,000 1.29%
22 SPDR INDEX SHS FDS 35,432 1,624,000 1.20%
23 PEABODY ENERGY CORP 576,824 1,263,000 0.93%
24 ISHARES TR 7,371 1,106,000 0.82%
25 PNC FINL SVCS GROUP INC 10,517 1,006,000 0.74%
26 MCDONALDS CORP 9,517 905,000 0.67%
27 Schwab Fundamental US Large Company ETF 28,455 847,000 0.63%
28 ISHARES TR 32,385 810,000 0.60%
29 VANGUARD INDEX FDS 7,076 757,000 0.56%
30 SCHWAB US AGGREGATE BOND ETF 14,608 756,000 0.56%
31 VANGUARD SCOTTSDALE FDS 11,433 737,000 0.54%
32 ISHARES TR 5,968 646,000 0.48%
33 UNDER ARMOUR INC 7,064 589,000 0.43%
34 SCHWAB STRATEGIC TR 21,759 582,000 0.43%
35 AT&T INC 14,531 516,000 0.38%
36 ISHARES TR 4,576 498,000 0.37%
37 KIMBERLY CLARK CORP 4,655 493,000 0.36%
38 VERIZON COMMUNICATIONS INC 10,102 471,000 0.35%
39 SCHLUMBERGER LTD 5,428 468,000 0.35%
40 M & T BK CORP 3,698 462,000 0.34%
41 SCHWAB SHORT-TERM US TREASURY ETF 9,043 459,000 0.34%
42 CSX CORP 13,000 424,000 0.31%
43 ACNB CORP 20,201 420,000 0.31%
44 EXXON MOBIL CORP 4,765 396,000 0.29%
45 SPDR S&P 600 SMALL CAP VALUE ETF 3,654 388,000 0.29%
46 WALGREENS BOOTS ALLIANCE INC 4,306 364,000 0.27%
47 BERKSHIRE HATHAWAY INC DEL 2,659 362,000 0.27%
48 GENERAL ELECTRIC CO 13,401 356,000 0.26%
49 SCHWAB STRATEGIC TR 9,997 304,000 0.22%
50 SCHWAB US TIPS ETF 5,606 304,000 0.22%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001214659-15-005500, filed 2015.07.22).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.