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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 (2015Q4)
Portfolio Summary: 64 holdings with a total value of $140,634,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SCHWAB STRATEGIC TR 437,504 21,455,000 15.26%
2 SCHWAB STRATEGIC TR 325,323 15,801,000 11.24%
3 SCHWAB STRATEGIC TR 470,027 12,954,000 9.21%
4 RYDEX ETF TRUST 136,757 11,036,000 7.85%
5 MCCORMICK & CO INC 77,503 6,631,000 4.72%
6 SCHWAB STRATEGIC TR 118,769 6,366,000 4.53%
7 SCHWAB STRATEGIC TR 114,725 4,597,000 3.27%
8 SCHWAB STRATEGIC TR 73,918 3,807,000 2.71%
9 ISHARES TR 18,189 3,726,000 2.65%
10 BRADY CORPORATION CL A 159,366 3,662,000 2.60%
11 iShares Global Clean Energy ET 341,866 3,364,000 2.39%
12 HARRIS & HARRIS GROUP INC 1,515,438 3,334,000 2.37%
13 Honda Motor LTD AMER SHS 99,628 3,181,000 2.26%
14 CORNING INC 169,616 3,101,000 2.21%
15 APPLE INC 26,860 2,827,000 2.01%
16 ITRON INC 72,023 2,606,000 1.85%
17 ISHARES SILVER TRUST 164,321 2,167,000 1.54%
18 ISHARES MSCI GLOBAL SILVER MINERS ETF 332,791 1,870,000 1.33%
19 VANGUARD TOTAL STOCK MARKET ETF 17,578 1,833,000 1.30%
20 HEWLETT PACKARD ENTERPRISE CO 103,164 1,568,000 1.11%
21 HP INC 103,165 1,221,000 0.87%
22 VANGUARD INTL EQUITY INDEX F 27,666 1,201,000 0.85%
23 MCDONALDS CORP 9,517 1,124,000 0.80%
24 SCHWAB STRATEGIC TR 28,343 1,093,000 0.78%
25 SCHWAB STRATEGIC TR 37,125 1,070,000 0.76%
26 SCHWAB STRATEGIC TR 37,329 1,069,000 0.76%
27 VANGUARD CHARLOTTE FDS 20,080 1,062,000 0.76%
28 PNC FINANCIAL SERVICES GROUP INC 10,367 988,000 0.70%
29 SCHWAB STRATEGIC TR 17,208 896,000 0.64%
30 EXXON MOBIL CORP 10,814 843,000 0.60%
31 ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF 8,207 762,000 0.54%
32 MICROSOFT CORP 12,457 691,000 0.49%
33 SPDR DOW JONES GLOBAL REAL ESTATE ETF 14,601 683,000 0.49%
34 SPDR INDEX SHS FDS MSCI ACWI E 21,945 676,000 0.48%
35 ISHARE LEHMAN AGGREGATE BOND 6,012 649,000 0.46%
36 UNDER ARMOUR INC 7,459 601,000 0.43%
37 KIMBERLY CLARK CORP 4,655 593,000 0.42%
38 ISHARES S&P MIDCAP 400 4,101 571,000 0.41%
39 VANGUARD SCOTTSDALE FDS 8,467 546,000 0.39%
40 ATANDT INC 14,685 505,000 0.36%
41 GENERAL ELECTRIC CO 15,906 495,000 0.35%
42 AERIE PHARMACEUTICAL 20,000 487,000 0.35%
43 ACNB CORP COM 21,173 451,000 0.32%
44 ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF 9,062 448,000 0.32%
45 M & T BK CORP COM 3,685 447,000 0.32%
46 VERIZON COMMUNICATIONS INC 9,502 439,000 0.31%
47 SCHWAB STRATEGIC TR 7,567 382,000 0.27%
48 SCHLUMBERGER LTD 5,333 372,000 0.26%
49 SCHWAB STRATEGIC TR 13,258 371,000 0.26%
50 WALGREENS BOOTS ALLIANCE INCCOM 4,208 358,000 0.25%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001214659-16-008906, filed 2016.01.19).

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.