Q3 2026 13F · SEC CIK 1759236

Black Diamond Financial, LLC

Wealth managerFiled 2026-10-26 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.2B
Reported positions: 204
Top holdings a year, 3 yrs: +16.5%
Assets under management: $1.4B

Black Diamond Financial, LLC is a wealth manager that reported 204 positions worth $1.2B in its Q3 2026 13F, filed 2026-10-26. Its largest holdings were Vanguard World Fd (MGV, 10.7%), Vanguard World Fd (MGK, 8.9%), Schwab Strategic Tr (SCHG, 5.7%). A portfolio copying its top holdings returned 16.5% a year over the last 3 years, against 20.4% for the S&P 500.

Black Diamond Financial, LLC holdings largest 50 of 204 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Black Diamond Financial, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MGVVanguard World Fd	10.7%	10.9%	779,389	+2.9%	$125.6M
MGKVanguard World Fd	8.9%	8.5%	1,134,887	+3.5%	$105.1M
SCHGSchwab Strategic Tr	5.7%	5.3%	1,877,545	+5.5%	$67.5M
SCHVSchwab Strategic Tr	5.3%	5.4%	1,872,984	+6.5%	$62.4M
AGGIshares Tr	4.1%	4.1%	504,350	+6.3%	$47.7M
SPTISpdr Series Trust	3.9%	3.9%	1,665,185	+6.2%	$45.4M
MGCVanguard World Fd	3.5%	3.6%	146,918	-2.1%	$41.5M
VUGVanguard Index Fds	3.1%	3.1%	399,324	-0.6%	$36.0M
SCHFSchwab Strategic Tr	2.9%	2.9%	1,242,109	+4.9%	$34.1M
LINDLindblad Expeditions Hldgs I	2.6%	2.4%	959,964	+0.0%	$30.2M
VOTVanguard Index Fds	2.4%	2.4%	95,837	+6.2%	$28.0M
FRELFidelity Covington Trust	2.3%	2.3%	992,015	+10.6%	$27.0M
IMCVIshares Tr	2.1%	2.0%	266,709	+8.6%	$24.5M
IGIBIshares Tr	2.0%	2.1%	462,424	+4.8%	$23.3M
SCHXSchwab Strategic Tr	2.0%	2.0%	769,122	-1.9%	$23.1M
SCHOSchwab Strategic Tr	1.9%	1.8%	940,565	+14.4%	$22.4M
VTIVanguard Index Fds	1.8%	1.8%	56,979	+3.7%	$21.3M
MUBIshares Tr	1.8%	1.7%	208,388	+17.2%	$21.1M
IGSBIshares Tr	1.8%	1.7%	408,561	+10.8%	$20.9M
VTVVanguard Index Fds	1.6%	1.7%	89,613	-0.5%	$19.4M
VBRVanguard Index Fds	1.6%	1.7%	81,264	+4.1%	$18.8M
IEMGIshares Inc	1.4%	1.3%	204,327	+10.8%	$16.6M
VOVanguard Index Fds	1.2%	1.3%	186,187	+0.1%	$14.6M
VVVanguard Index Fds	1.2%	1.2%	39,009	+0.0%	$13.7M
VEAVanguard Ftse Developed Markets Index Fu	1.1%	1.2%	184,815	-0.6%	$13.0M
AAPLApple Inc	1.1%	1.0%	37,892	+0.4%	$12.6M
ISCGIshares Tr	1.1%	1.1%	205,513	+6.6%	$12.6M
VBVanguard Index Fds	1.0%	1.2%	43,138	-0.3%	$12.3M
SCHMSchwab Strategic Tr	0.9%	1.1%	319,295	-1.2%	$10.9M
VBKVanguard Index Fds	0.8%	0.9%	28,135	-2.6%	$9.5M
VOOVanguard Index Fds	0.7%	0.7%	11,573	+0.0%	$8.1M
IVVIshares Tr	0.6%	0.6%	9,683	+2.7%	$7.4M
SCHASchwab Strategic Tr	0.6%	0.7%	223,257	-4.0%	$7.3M
RSPInvesco Exchange Traded Fd T	0.6%	0.7%	32,909	-8.4%	$6.8M
SPYState Str Spdr S&p 500 ETF T	0.6%	0.6%	8,534	-0.2%	$6.5M
VEUVanguard Intl Equity Index F	0.5%	0.6%	75,511	-3.9%	$6.3M
QQQInvesco Qqq Tr	0.5%	0.5%	8,371	+2.6%	$6.2M
VOEVanguard Index Fds	0.5%	0.5%	31,590	+0.6%	$6.2M
MSFTMicrosoft Corp	0.5%	0.4%	11,436	+6.4%	$5.9M
VYMVanguard Whitehall Fds	0.4%	0.4%	32,547	+3.7%	$5.1M
VCSHVanguard Scottsdale Fds	0.4%	0.5%	62,275	-5.7%	$4.8M
NVDANvidia Corporation	0.4%	0.3%	20,843	+11.4%	$4.8M
VNQVanguard Index Fds	0.4%	0.5%	51,889	-2.7%	$4.7M
GOOGAlphabet Inc	0.4%	0.4%	12,126	+4.1%	$4.1M
AMZNAmazon Com Inc	0.3%	0.3%	16,058	+14.4%	$4.0M
IMCGIshares Tr	0.3%	0.4%	42,596	-0.9%	$4.0M
GOOGLAlphabet Inc	0.3%	0.3%	10,163	+5.4%	$3.5M
SDYSpdr Ser Tr	0.3%	0.3%	22,908	-10.6%	$3.4M
VGTVanguard World Fd	0.3%	—	26,447	—	$3.3M
JPMJpmorgan Chase & Co	0.3%	0.3%	9,818	+5.6%	$3.2M

What Black Diamond Financial, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +18.3% /yr; S&P 500 +20.1%
3 years: +16.5% /yr; S&P 500 +20.4%
5 years: +8.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$1.2B	204
Q2 2026	$1.1B	198
Q1 2026	$916.5M	185
Q4 2025	$948.6M	176
Q3 2025	$892.5M	161
Q2 2025	$643.9M	144
Q1 2025	$665.9M	146
Q4 2024	$667.3M	146
Q3 2024	$589.1M	145
Q2 2024	$517.9M	139
Q1 2024	$370.0M	115
Q4 2023	$370.0M	116

Questions about Black Diamond Financial, LLC's portfolio

What stocks does Black Diamond Financial, LLC own?

Black Diamond Financial, LLC's latest 13F, for Q3 2026 and filed Oct 26, 2026, lists 204 positions worth $1.2B. The largest are Vanguard World Fd (MGV) at 10.7%, Vanguard World Fd (MGK) at 8.9%, Schwab Strategic Tr (SCHG) at 5.7%, Schwab Strategic Tr (SCHV) at 5.3% and Ishares Tr (AGG) at 4.1%.

What did Black Diamond Financial, LLC buy last quarter?

In Q3 2026, Black Diamond Financial, LLC added Ishares Tr (MUB) (+17.2% shares), Schwab Strategic Tr (SCHO) (+14.4% shares) and Amazon Com Inc (AMZN) (+14.4% shares), compared with its Q2 2026 filing.

What did Black Diamond Financial, LLC sell last quarter?

In Q3 2026, Black Diamond Financial, LLC cut from its top 50 Ishares Tr (IJR), Spdr Ser Tr (SDY) (-10.6% shares), Invesco Exchange Traded Fd T (RSP) (-8.4% shares) and Vanguard Scottsdale Fds (VCSH) (-5.7% shares), compared with its Q2 2026 filing.

How has Black Diamond Financial, LLC's portfolio performed?

A portfolio copying Black Diamond Financial, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +18.3% against +20.1%. Over 5 years: +8.3% a year against +11.6%.

When is Black Diamond Financial, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Black Diamond Financial, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Black Diamond Financial, LLC manage?

Black Diamond Financial, LLC reported $1.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.2B.