# Maxim Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2020 on Form 13F. CIK 1793913. Source: https://holderbook.com/funds/1793913-maxim-capital-management-llc/

- Reported value: $111.9M
- Positions: 39
- Weight of the ten largest: 78.4%
- Filed: 2020-08-14

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 |
|---|---|---|---|---|---|
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $19.8M | 167,567 | 17.7% | 7 |
| GOLDMAN SACHS ETF TR | [GSIE](https://holderbook.com/stocks/GSIE/) | $14.7M | 523,184 | 13.1% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $11.0M | 106,552 | 9.9% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $8.9M | 27,454 | 8.0% | 7 |
| INVESCO EXCH TRADED FD TR II | [PGHY](https://holderbook.com/stocks/PGHY/) | $8.7M | 405,753 | 7.8% | 7 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $8.4M | 159,820 | 7.5% | 7 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $7.6M | 88,021 | 6.8% | 7 |
| SPDR INDEX SHS FDS | [RWO](https://holderbook.com/stocks/RWO/) | $3.0M | 76,141 | 2.7% | 7 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $2.9M | 109,061 | 2.6% | 7 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.8M | 36,068 | 2.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $2.8M | 54,021 | 2.5% | 7 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.2M | 15,138 | 2.0% | 7 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $2.2M | 39,516 | 2.0% | 7 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $1.7M | 28,814 | 1.5% | 2 |
| ISHARES TR | [CRBN](https://holderbook.com/stocks/CRBN/) | $1.5M | 12,099 | 1.4% | 2 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.2M | 20,734 | 1.1% | 7 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.2M | 9,436 | 1.0% | 7 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $1.1M | 11,349 | 1.0% | 2 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.1M | 14,502 | 0.9% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $736.0K | 241 | 0.7% | 2 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $715.0K | 22,586 | 0.6% | 7 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $665.0K | 10,603 | 0.6% | 1 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $615.0K | 9,045 | 0.5% | 7 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $606.0K | 7,257 | 0.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $564.0K | 10,398 | 0.5% | 7 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $541.0K | 7,375 | 0.5% | 2 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $502.0K | 12,265 | 0.4% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $494.0K | 1,302 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $451.0K | 1,517 | 0.4% | 2 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $450.0K | 5,413 | 0.4% | 2 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $382.0K | 4,959 | 0.3% | 7 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $371.0K | 10,501 | 0.3% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $355.0K | 8,170 | 0.3% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $344.0K | 1,475 | 0.3% | 7 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $334.0K | 5,224 | 0.3% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $299.0K | 2,904 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $247.0K | 1,625 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $239.0K | 7,642 | 0.2% | 1 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $235.0K | 3,009 | 0.2% | 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 2020 | +10.5% | +19.6% | -9.1% | 100% |
| Q1 2020 | -15.9% | -19.9% | +4.0% | 113% |
| Q4 2019 | +3.9% | +8.5% | -4.6% | 100% |
| Q3 2019 | -0.2% | +1.3% | -1.4% | 100% |
| Q2 2019 | +1.4% | +3.7% | -2.3% | 100% |
| Q1 2019 | +7.4% | +13.0% | -5.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2020 | $111.9M | 39 |
| Q1 2020 | $96.5M | 36 |
| Q4 2019 | $96.8M | 27 |
| Q3 2019 | $110.8M | 26 |
| Q2 2019 | $106.8M | 27 |
| Q1 2019 | $107.4M | 27 |
| Q4 2018 | $96.8M | 27 |