# PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1004140. Source: https://holderbook.com/funds/1004140-pennsylvania-capital-management-inc-adv/

- Reported value: $394.8M
- Positions: 123
- Weight of the ten largest: 58.0%
- Filed: 2026-07-24

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $40.5M | 140,052 | 10.3% | 27 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $34.8M | 46,506 | 8.8% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $28.1M | 75,371 | 7.1% | 27 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $21.7M | 698,020 | 5.5% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JPIE](https://holderbook.com/stocks/JPIE/) | $21.5M | 466,095 | 5.4% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $19.1M | 80,292 | 4.8% | 27 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $19.0M | 362,510 | 4.8% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $15.9M | 79,243 | 4.0% | 22 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $15.1M | 286,731 | 3.8% | 14 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $13.4M | 152,625 | 3.4% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $11.7M | 17,050 | 3.0% | 17 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $10.8M | 42,653 | 2.7% | 27 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $9.1M | 118,382 | 2.3% | 24 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $9.1M | 13,892 | 2.3% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.3M | 20,317 | 1.8% | 27 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $5.1M | 7,990 | 1.3% | 24 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.0M | 4,204 | 1.3% | 21 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $5.0M | 99,482 | 1.3% | 24 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $4.5M | 15,219 | 1.1% | 24 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $4.4M | 31,148 | 1.1% | 24 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $4.1M | 42,618 | 1.0% | 5 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $3.8M | 128,782 | 1.0% | 24 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.6M | 4,863 | 0.9% | 15 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.6M | 24,464 | 0.9% | 24 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $3.6M | 30,720 | 0.9% | 15 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.9M | 35,463 | 0.7% | 11 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.4M | 5,669 | 0.6% | 7 |
| CITIZENS & NORTHN CORP | [CZNC](https://holderbook.com/stocks/CZNC/) | $2.3M | 99,967 | 0.6% | 24 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.3M | 7,619 | 0.6% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.3M | 6,438 | 0.6% | 27 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.2M | 69,237 | 0.6% | 24 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.1M | 4,175 | 0.5% | 27 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $2.0M | 5,075 | 0.5% | 20 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.8M | 8,817 | 0.5% | 20 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.8M | 53,696 | 0.5% | 24 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $1.6M | 43,335 | 0.4% | 24 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $1.6M | 42,803 | 0.4% | 24 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.5M | 4,882 | 0.4% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.4M | 10,567 | 0.4% | 24 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.4M | 7,514 | 0.4% | 25 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.4M | 10,356 | 0.4% | 5 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.4M | 8,976 | 0.4% | 15 |
| WEDBUSH SER TR | [IVES](https://holderbook.com/stocks/IVES/) | $1.4M | 36,533 | 0.4% | 4 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $1.3M | 6,952 | 0.3% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.2M | 3,546 | 0.3% | 27 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.2M | 13,131 | 0.3% | 24 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $1.1M | 5,034 | 0.3% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.1M | 3,081 | 0.3% | 27 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $1.1M | 21,463 | 0.3% | 8 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $1.1M | 16,691 | 0.3% | 24 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $957.9K | 15,585 | 0.2% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $938.3K | 1,274 | 0.2% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $881.0K | 1,564 | 0.2% | 26 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $863.8K | 2,898 | 0.2% | 20 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $822.9K | 4,102 | 0.2% | 8 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $757.4K | 6,437 | 0.2% | 20 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $745.7K | 1,974 | 0.2% | 7 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $736.8K | 1,606 | 0.2% | 20 |
| J P MORGAN EXCHANGE TRADED F | [JBND](https://holderbook.com/stocks/JBND/) | $736.7K | 13,770 | 0.2% | 2 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $718.5K | 621 | 0.2% | 17 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $703.0K | 19,457 | 0.2% | 21 |
| PIMCO ETF TR | [MINO](https://holderbook.com/stocks/MINO/) | $677.8K | 14,811 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $665.1K | 12,406 | 0.2% | 5 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $658.3K | 21,590 | 0.2% | 9 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $613.5K | 1,799 | 0.2% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $601.2K | 1,035 | 0.2% | 3 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $587.6K | 3,439 | 0.1% | 1 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $583.8K | 3,800 | 0.1% | 11 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $580.7K | 1,418 | 0.1% | 23 |
| CAPITAL GROUP NEW GEOGRAPHY | [CGNG](https://holderbook.com/stocks/CGNG/) | $557.4K | 14,880 | 0.1% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $547.2K | 585 | 0.1% | 13 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $543.3K | 7,144 | 0.1% | 20 |
| ERIE INDTY CO | [ERIE](https://holderbook.com/stocks/ERIE/) | $539.4K | 2,250 | 0.1% | 24 |
| FULTON FINL CORP PA | [FULT](https://holderbook.com/stocks/FULT/) | $529.8K | 21,900 | 0.1% | 24 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $519.8K | 9,786 | 0.1% | 15 |
| VANECK ETF TRUST | [SMHX](https://holderbook.com/stocks/SMHX/) | $499.0K | 7,810 | 0.1% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $493.6K | 8,739 | 0.1% | 21 |
| VANGUARD MUN BD FDS | [VCRM](https://holderbook.com/stocks/VCRM/) | $492.3K | 6,444 | 0.1% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $482.0K | 2,037 | 0.1% | 27 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $470.7K | 14,138 | 0.1% | 7 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $467.6K | 1,320 | 0.1% | 24 |
| VANGUARD MUN BD FDS | [VSDM](https://holderbook.com/stocks/VSDM/) | $466.8K | 6,092 | 0.1% | 1 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $464.5K | 613 | 0.1% | 8 |
| FIDELITY COVINGTON TRUST | [FELG](https://holderbook.com/stocks/FELG/) | $463.5K | 10,595 | 0.1% | 4 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $442.8K | 1,572 | 0.1% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $428.8K | 2,321 | 0.1% | 24 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $424.8K | 420 | 0.1% | 5 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $418.4K | 5,529 | 0.1% | 5 |
| GOLDMAN SACHS ETF TR | [GPIX](https://holderbook.com/stocks/GPIX/) | $414.9K | 7,466 | 0.1% | 3 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $405.8K | 1,634 | 0.1% | 8 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $400.1K | 7,022 | 0.1% | 25 |
| ROUNDHILL ETF TRUST | - | $396.5K | 5,369 | 0.1% | 1 |
| VANGUARD MALVERN FDS | [VGMS](https://holderbook.com/stocks/VGMS/) | $371.2K | 7,238 | 0.1% | 1 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $329.8K | 9,700 | 0.1% | 20 |
| CAPITAL GRP FIXED INCM ETF T | [CGHM](https://holderbook.com/stocks/CGHM/) | $329.8K | 12,757 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $314.8K | 3,654 | 0.1% | 9 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $298.1K | 2,632 | 0.1% | 4 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $285.9K | 5,801 | 0.1% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $284.4K | 5,614 | 0.1% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $284.3K | 267 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.1% | +14.8% | -2.8% | 100% |
| Q1 2026 | -5.1% | -4.6% | -0.5% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +8.3% | +7.8% | +0.5% | 100% |
| Q2 2025 | +10.4% | +10.5% | -0.1% | 100% |
| Q1 2025 | -7.0% | -4.6% | -2.4% | 100% |
| Q4 2024 | +2.1% | +2.1% | -0.1% | 100% |
| Q3 2024 | +2.8% | +5.4% | -2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $394.8M | 123 |
| Q1 2026 | $349.5M | 112 |
| Q4 2025 | $365.4M | 113 |
| Q3 2025 | $343.6M | 108 |
| Q2 2025 | $312.7M | 107 |
| Q1 2025 | $272.4M | 99 |
| Q4 2024 | $291.6M | 100 |
| Q3 2024 | $278.4M | 98 |
| Q2 2024 | $259.9M | 87 |
| Q1 2024 | $242.8M | 85 |
| Q4 2023 | $252.2M | 90 |
| Q3 2023 | $241.0M | 91 |