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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 (2016Q4)
Portfolio Summary: 74 holdings with a total value of $137,715,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SCHWAB SHORT-TERM US TREASURY ETF 375,391 18,927,000 13.74%
2 SCHWAB U.S. LARGE-CAP ETF 290,750 15,485,000 11.24%
3 SCHWAB U.S. BROAD MARKET ETF 219,097 11,871,000 8.62%
4 RYDEX ETF TRUST 119,196 9,961,000 7.23%
5 MCCORMICK & CO INC 77,127 7,198,000 5.23%
6 SCHWAB U.S. MID-CAP ETF 125,099 5,648,000 4.10%
7 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 99,608 5,314,000 3.86%
8 ISHARES TR 18,413 4,143,000 3.01%
9 APPLE INC 26,929 3,119,000 2.26%
10 HONDA MOTOR CO ADR SPONSORED 99,329 2,899,000 2.11%
11 ISHARES TR 26,672 2,882,000 2.09%
12 PATRICK INDS INC COM 34,424 2,627,000 1.91%
13 VANGUARD SCOTTSDALE FDS 42,660 2,599,000 1.89%
14 ISHARES TR 35,018 1,796,000 1.30%
15 SCHWAB US DIVIDEND EQUITY ETF 40,482 1,764,000 1.28%
16 ISHARES SILVER TR 108,514 1,640,000 1.19%
17 SCHWAB US AGGREGATE BOND ETF 30,915 1,592,000 1.16%
18 Schwab Fundamental US Large Company ETF 48,605 1,586,000 1.15%
19 VANGUARD INDEX FDS 13,496 1,556,000 1.13%
20 SCHWAB EMERGING MARKETS EQUITY ETF 68,675 1,481,000 1.08%
21 HARRIS & HARRIS GROUP INC 1,065,979 1,471,000 1.07%
22 ISHARES MSCI GLOBAL SILVER MINERS ETF 127,999 1,338,000 0.97%
23 SPDR SER TR 27,432 1,301,000 0.94%
24 EXXON MOBIL CORP 13,159 1,188,000 0.86%
25 MCDONALDS CORP 9,539 1,161,000 0.84%
26 PNC FINL SVCS GROUP INC 9,767 1,142,000 0.83%
27 FASTENAL CO 24,000 1,128,000 0.82%
28 SCHWAB U.S. SMALL-CAP ETF 18,006 1,107,000 0.80%
29 SPDR MSCI ACWI EX-US 33,887 1,067,000 0.77%
30 SCHWAB INTERNATIONAL EQUITY ETF 37,269 1,032,000 0.75%
31 VANGUARD CHARLOTTE FDS 18,780 1,020,000 0.74%
32 SPDR INDEX SHS FDS 21,762 1,020,000 0.74%
33 AT&T INC 20,571 875,000 0.64%
34 SPDR SER TR 17,880 857,000 0.62%
35 LOCKHEED MARTIN CORP 3,352 838,000 0.61%
36 ISHARES TR 4,931 815,000 0.59%
37 MICROSOFT CORP 12,763 793,000 0.58%
38 AERIE PHARMACEUTICALS INC 20,000 757,000 0.55%
39 SPDR INDEX SHS FDS 20,641 745,000 0.54%
40 VANGUARD SCOTTSDALE FDS 11,539 738,000 0.54%
41 SUPREME INDS INC 44,114 693,000 0.50%
42 ACNB CORP 20,735 648,000 0.47%
43 HP INC 43,019 638,000 0.46%
44 ISHARES TR 5,498 577,000 0.42%
45 VERIZON COMMUNICATIONS INC 10,817 577,000 0.42%
46 ISHARES TR 4,969 562,000 0.41%
47 SCHWAB STRATEGIC TR 16,406 559,000 0.41%
48 KIMBERLY CLARK CORP 4,655 531,000 0.39%
49 VANGUARD TAX-MANAGED FDS 12,958 473,000 0.34%
50 CSX CORP 13,000 467,000 0.34%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001214659-17-000500, filed 2017.01.30).

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.