Marshall Financial Group INC /adv

DOYLESTOWN, PA

$364m in 53 US stocks at the end of 30 September 2025. The top 10 are 68.7% of the money. It changed about 1.8% of the portfolio this quarter.

Value

$364m

Stocks

Top 10 share

68.7%

Turnover

1.8%

What changed this quarter

New

Bought for the first time this quarter.

BroadcomAVGO
<0.1% of the fund
Altria GroupMO
<0.1% of the fund
NewAmsterdam PharmaNAMS
<0.1% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRSCHX
9.4% of the fund
+4%
Schwab Strategic TRSCHV
8.7% of the fund
+3%
Vanguard Index FDSVOO
7.7% of the fund
+11%
Schwab Strategic TRSCHP
6.8% of the fund
+4%
Vanguard Scottsdale FDSVCIT
1.9% of the fund
+35%
Schwab Strategic TRSCHZ
1.4% of the fund
+13%
Vanguard Charlotte FDSBNDX
0.5% of the fund
+5%
Ishares TRMUB
0.4% of the fund
+12%
Ishares TRTIP
0.4% of the fund
+11%
Invesco Exchange Traded FD TRSP
0.2% of the fund
+3%
Ishares TRIWS
0.1% of the fund
+4%
JPMorgan ChaseJPM
0.1% of the fund
+5%
AT&TT
<0.1% of the fund
+5%

Cut

Sold some of their stake.

Schwab Strategic TRSCHG
9.3% of the fund
-3%
Schwab Strategic TRSCHM
5.0% of the fund
-2%
Ishares TRMTUM
0.7% of the fund
-5%
AppleAAPL
0.5% of the fund
-2%
Ishares TRAOA
0.2% of the fund
-12%
Philip Morris InternationalPM
0.1% of the fund
-9%
MedtronicMDT
<0.1% of the fund
-26%

Sold out

Sold their entire stake.

Automatic Data ProcessingADP
-100%
Spdr Series TrustRWR
-100%

Holdings

Schwab Strategic TRSCHX
Share
9.4%
Value
$34m
Shares
1,300,022
+4%
Schwab Strategic TRSCHG
Share
9.3%
Value
$34m
Shares
1,058,587
-3%
Schwab Strategic TRSCHV
Share
8.7%
Value
$31m
Shares
1,081,761
+3%
Vanguard Index FDSVOO
Share
7.7%
Value
$28m
Shares
46,006
+11%
Schwab Strategic TRSCHP
Share
6.8%
Value
$25m
Shares
923,169
+4%
Vanguard Index FDSVB
Share
5.7%
Value
$21m
Shares
81,738
Held
Schwab Strategic TRSCHA
Share
5.5%
Value
$20m
Shares
721,038
Held
Schwab Strategic TRSCHB
Share
5.3%
Value
$19m
Shares
746,625
Held
Vanguard Index FDSVTV
Share
5.3%
Value
$19m
Shares
102,828
Held
Schwab Strategic TRSCHM
Share
5.0%
Value
$18m
Shares
610,211
-2%
Vanguard Index FDSVO
Share
4.9%
Value
$18m
Shares
60,898
Held
Vanguard Index FDSVUG
Share
4.3%
Value
$15m
Shares
32,257
Held
Schwab Strategic TRSCHF
Share
4.1%
Value
$15m
Shares
635,810
Held
Vanguard Tax-Managed FDSVEA
Share
2.9%
Value
$11m
Shares
175,655
Held
Vanguard Scottsdale FDSVCIT
Share
1.9%
Value
$7m
Shares
83,351
+35%
Ishares TRIWF
Share
1.5%
Value
$6m
Shares
11,769
Held
Schwab Strategic TRSCHZ
Share
1.4%
Value
$5m
Shares
215,071
+13%
Johnson & JohnsonJNJ
Share
0.8%
Value
$3m
Shares
15,094
Held
Vanguard World FDESGV
Share
0.7%
Value
$3m
Shares
22,241
Held
Schwab Strategic TRSCHE
Share
0.7%
Value
$3m
Shares
78,180
Held
Ishares TRMTUM
Share
0.7%
Value
$2m
Shares
9,685
-5%
Ishares TRIWB
Share
0.6%
Value
$2m
Shares
5,755
Held
Vanguard World FDVSGX
Share
0.5%
Value
$2m
Shares
28,573
Held
Ishares TRIWO
Share
0.5%
Value
$2m
Shares
6,128
Held
Vanguard Charlotte FDSBNDX
Share
0.5%
Value
$2m
Shares
38,713
+5%
Ishares TRIWD
Share
0.5%
Value
$2m
Shares
9,167
Held
AppleAAPL
Share
0.5%
Value
$2m
Shares
6,774
-2%
Ishares TRMUB
Share
0.4%
Value
$2m
Shares
14,424
+12%
Ishares TRTIP
Share
0.4%
Value
$2m
Shares
13,627
+11%
Ishares TRIWP
Share
0.3%
Value
$1m
Shares
7,210
Held
Ishares TRIWM
Share
0.3%
Value
$984,531
Shares
4,069
Held
Schwab Strategic TRSCHC
Share
0.3%
Value
$925,610
Shares
20,339
Held
Vanguard World FDVGT
Share
0.2%
Value
$746,533
Shares
1,000
Held
Vanguard Intl Equity Index FVWO
Share
0.2%
Value
$728,951
Shares
13,454
Held
Invesco Exchange Traded FD TRSP
Share
0.2%
Value
$698,043
Shares
3,680
+3%
Wsfs FinancialWSFS
Share
0.2%
Value
$651,205
Shares
12,075
Held
Ishares TRAOA
Share
0.2%
Value
$612,686
Shares
6,951
-12%
Vanguard Whitehall FDSVYM
Share
0.2%
Value
$592,378
Shares
4,203
Held
MicrosoftMSFT
Share
0.2%
Value
$573,371
Shares
1,107
Held
Ishares TREFA
Share
0.2%
Value
$569,296
Shares
6,097
Held
Philip Morris InternationalPM
Share
0.1%
Value
$497,954
Shares
3,070
-9%
Ishares TRIWS
Share
0.1%
Value
$477,663
Shares
3,420
+4%
Bank of AmericaBAC
Share
0.1%
Value
$446,530
Shares
8,655
Held
Meta PlatformsMETA
Share
0.1%
Value
$425,369
Shares
579
Held
JPMorgan ChaseJPM
Share
0.1%
Value
$401,005
Shares
1,271
+5%
AT&TT
Share
<0.1%
Value
$275,174
Shares
9,744
+5%
Ishares TRIWN
Share
<0.1%
Value
$252,359
Shares
1,427
Held
Ishares Bitcoin Trust ETFIBIT
Share
<0.1%
Value
$242,450
Shares
3,730
Held
Ishares TRAOR
Share
<0.1%
Value
$237,059
Shares
3,682
Held
BroadcomAVGO
Share
<0.1%
Value
$225,329
Shares
683
New
Altria GroupMO
Share
<0.1%
Value
$221,829
Shares
3,358
New
NewAmsterdam PharmaNAMS
Share
<0.1%
Value
$213,300
Shares
7,500
New
MedtronicMDT
Share
<0.1%
Value
$212,195
Shares
2,228
-26%

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHX	9.4%	$34m	1,300,022	+4%
Schwab Strategic TRSCHG	9.3%	$34m	1,058,587	-3%
Schwab Strategic TRSCHV	8.7%	$31m	1,081,761	+3%
Vanguard Index FDSVOO	7.7%	$28m	46,006	+11%
Schwab Strategic TRSCHP	6.8%	$25m	923,169	+4%
Vanguard Index FDSVB	5.7%	$21m	81,738	Held
Schwab Strategic TRSCHA	5.5%	$20m	721,038	Held
Schwab Strategic TRSCHB	5.3%	$19m	746,625	Held
Vanguard Index FDSVTV	5.3%	$19m	102,828	Held
Schwab Strategic TRSCHM	5.0%	$18m	610,211	-2%
Vanguard Index FDSVO	4.9%	$18m	60,898	Held
Vanguard Index FDSVUG	4.3%	$15m	32,257	Held
Schwab Strategic TRSCHF	4.1%	$15m	635,810	Held
Vanguard Tax-Managed FDSVEA	2.9%	$11m	175,655	Held
Vanguard Scottsdale FDSVCIT	1.9%	$7m	83,351	+35%
Ishares TRIWF	1.5%	$6m	11,769	Held
Schwab Strategic TRSCHZ	1.4%	$5m	215,071	+13%
Johnson & JohnsonJNJ	0.8%	$3m	15,094	Held
Vanguard World FDESGV	0.7%	$3m	22,241	Held
Schwab Strategic TRSCHE	0.7%	$3m	78,180	Held
Ishares TRMTUM	0.7%	$2m	9,685	-5%
Ishares TRIWB	0.6%	$2m	5,755	Held
Vanguard World FDVSGX	0.5%	$2m	28,573	Held
Ishares TRIWO	0.5%	$2m	6,128	Held
Vanguard Charlotte FDSBNDX	0.5%	$2m	38,713	+5%
Ishares TRIWD	0.5%	$2m	9,167	Held
AppleAAPL	0.5%	$2m	6,774	-2%
Ishares TRMUB	0.4%	$2m	14,424	+12%
Ishares TRTIP	0.4%	$2m	13,627	+11%
Ishares TRIWP	0.3%	$1m	7,210	Held
Ishares TRIWM	0.3%	$984,531	4,069	Held
Schwab Strategic TRSCHC	0.3%	$925,610	20,339	Held
Vanguard World FDVGT	0.2%	$746,533	1,000	Held
Vanguard Intl Equity Index FVWO	0.2%	$728,951	13,454	Held
Invesco Exchange Traded FD TRSP	0.2%	$698,043	3,680	+3%
Wsfs FinancialWSFS	0.2%	$651,205	12,075	Held
Ishares TRAOA	0.2%	$612,686	6,951	-12%
Vanguard Whitehall FDSVYM	0.2%	$592,378	4,203	Held
MicrosoftMSFT	0.2%	$573,371	1,107	Held
Ishares TREFA	0.2%	$569,296	6,097	Held
Philip Morris InternationalPM	0.1%	$497,954	3,070	-9%
Ishares TRIWS	0.1%	$477,663	3,420	+4%
Bank of AmericaBAC	0.1%	$446,530	8,655	Held
Meta PlatformsMETA	0.1%	$425,369	579	Held
JPMorgan ChaseJPM	0.1%	$401,005	1,271	+5%
AT&TT	<0.1%	$275,174	9,744	+5%
Ishares TRIWN	<0.1%	$252,359	1,427	Held
Ishares Bitcoin Trust ETFIBIT	<0.1%	$242,450	3,730	Held
Ishares TRAOR	<0.1%	$237,059	3,682	Held
BroadcomAVGO	<0.1%	$225,329	683	New
Altria GroupMO	<0.1%	$221,829	3,358	New
NewAmsterdam PharmaNAMS	<0.1%	$213,300	7,500	New
MedtronicMDT	<0.1%	$212,195	2,228	-26%

Over time and by industry

Value over time

Sep '25

Value is up 8.8% since 30 June 2025.

Where the money is

Health care0.9%

Technology0.7%

Financial services0.4%

Everyday goods0.2%

Media & telecom0.2%

Other97.6%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.