# Passive Capital Management, LLC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1958250. Source: https://holderbook.com/funds/1958250-passive-capital-management-llc/

- Reported value: $319.8M
- Positions: 94
- Weight of the ten largest: 70.7%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $53.4M | 1,348,728 | 16.7% | 17 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $38.4M | 433,672 | 12.0% | 19 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $28.4M | 1,166,284 | 8.9% | 19 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $21.0M | 188,161 | 6.6% | 19 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $19.3M | 560,466 | 6.0% | 17 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $16.0M | 317,901 | 5.0% | 19 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $15.3M | 186,437 | 4.8% | 19 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $13.8M | 526,727 | 4.3% | 19 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $11.1M | 232,508 | 3.5% | 15 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $9.4M | 121,950 | 2.9% | 19 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $7.2M | 217,976 | 2.3% | 16 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $6.3M | 299,841 | 2.0% | 19 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $4.6M | 76,992 | 1.4% | 17 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $4.2M | 40,711 | 1.3% | 19 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $3.9M | 78,774 | 1.2% | 19 |
| AMERICAN CENTY ETF TR | [AVSC](https://holderbook.com/stocks/AVSC/) | $3.7M | 62,500 | 1.1% | 11 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $3.5M | 33,912 | 1.1% | 19 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $2.4M | 33,000 | 0.8% | 11 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.3M | 31,722 | 0.7% | 9 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $2.3M | 92,914 | 0.7% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.1M | 7,550 | 0.6% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.0M | 3,276 | 0.6% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.0M | 3,196 | 0.6% | 19 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $2.0M | 82,405 | 0.6% | 19 |
| VANGUARD WELLINGTON FD | [VTES](https://holderbook.com/stocks/VTES/) | $1.9M | 18,639 | 0.6% | 7 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $1.8M | 68,868 | 0.6% | 19 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $1.8M | 19,338 | 0.6% | 19 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $1.7M | 52,357 | 0.5% | 19 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $1.7M | 62,330 | 0.5% | 6 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $1.5M | 13,649 | 0.5% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.4M | 2,965 | 0.5% | 6 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.4M | 48,972 | 0.4% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2M | 1,773 | 0.4% | 19 |
| COPT DEFENSE PROPERTIES | [CDP](https://holderbook.com/stocks/CDP/) | $1.2M | 42,921 | 0.4% | 4 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $1.0M | 27,547 | 0.3% | 15 |
| AMERICAN CENTY ETF TR | [AVSU](https://holderbook.com/stocks/AVSU/) | $1.0M | 13,564 | 0.3% | 1 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $1.0M | 8,520 | 0.3% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.0M | 2,128 | 0.3% | 9 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $965.6K | 1,281 | 0.3% | 6 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $903.3K | 3,502 | 0.3% | 19 |
| DIMENSIONAL ETF TRUST | [DISV](https://holderbook.com/stocks/DISV/) | $793.5K | 20,881 | 0.2% | 15 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $793.1K | 4,153 | 0.2% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $763.0K | 710 | 0.2% | 9 |
| T. ROWE PRICE TAX-EFFICIENT EQUITY I | - | $754.9K | 8,607 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $727.5K | 15,980 | 0.2% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $708.5K | 1,241 | 0.2% | 10 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $698.7K | 1,020 | 0.2% | 6 |
| ALARM COM HLDGS INC | [ALRM](https://holderbook.com/stocks/ALRM/) | $608.6K | 11,928 | 0.2% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $603.5K | 1,928 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $595.6K | 1,892 | 0.2% | 19 |
| WISDOMTREE TR | [DHS](https://holderbook.com/stocks/DHS/) | $586.7K | 5,762 | 0.2% | 19 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $582.6K | 2,416 | 0.2% | 19 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $564.5K | 1,847 | 0.2% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $558.1K | 7,587 | 0.2% | 12 |
| BURKE HERBERT FINL SVCS CORP | [BHRB](https://holderbook.com/stocks/BHRB/) | $543.0K | 8,715 | 0.2% | 1 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $512.6K | 10,272 | 0.2% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $504.9K | 1,609 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $499.4K | 1,789 | 0.2% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $494.2K | 2,141 | 0.2% | 3 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $481.6K | 6,724 | 0.2% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $479.0K | 953 | 0.1% | 9 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $477.3K | 3,326 | 0.1% | 6 |
| DIMENSIONAL ETF TRUST | [DFSU](https://holderbook.com/stocks/DFSU/) | $469.0K | 10,800 | 0.1% | 15 |
| DIMENSIONAL ETF TRUST | [DFSI](https://holderbook.com/stocks/DFSI/) | $458.4K | 10,700 | 0.1% | 15 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $454.1K | 3,169 | 0.1% | 19 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $420.6K | 5,576 | 0.1% | 3 |
| VANGUARD ADMIRAL FDS INC | [IVOV](https://holderbook.com/stocks/IVOV/) | $406.7K | 4,026 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $401.8K | 1,330 | 0.1% | 6 |
| AMERICAN CENTY ETF TR | [AVSD](https://holderbook.com/stocks/AVSD/) | $385.4K | 5,190 | 0.1% | 1 |
| WISDOMTREE TR | [DTH](https://holderbook.com/stocks/DTH/) | $375.2K | 7,270 | 0.1% | 19 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $363.5K | 1,500 | 0.1% | 9 |
| ISHARES TR | [IBMQ](https://holderbook.com/stocks/IBMQ/) | $353.0K | 13,803 | 0.1% | 6 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $352.9K | 2,500 | 0.1% | 9 |
| JBG SMITH PPTYS | [JBGS](https://holderbook.com/stocks/JBGS/) | $351.0K | 20,632 | 0.1% | 3 |
| ISHARES TR | [IBDW](https://holderbook.com/stocks/IBDW/) | $332.5K | 15,719 | 0.1% | 6 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $324.2K | 2,021 | 0.1% | 9 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $321.9K | 3,193 | 0.1% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $319.6K | 5,810 | 0.1% | 10 |
| ISHARES TR | [IBTK](https://holderbook.com/stocks/IBTK/) | $316.3K | 15,941 | 0.1% | 6 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $306.0K | 1,063 | 0.1% | 6 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $304.5K | 2,048 | 0.1% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $291.0K | 508 | 0.1% | 4 |
| RYDER SYS INC | [R](https://holderbook.com/stocks/R/) | $289.6K | 1,513 | 0.1% | 19 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $287.4K | 8,825 | 0.1% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $279.2K | 1,349 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $277.4K | 1,310 | 0.1% | 12 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $270.8K | 1,295 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $240.6K | 829 | 0.1% | 6 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $217.0K | 561 | 0.1% | 4 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $214.8K | 4,364 | 0.1% | 3 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $208.9K | 1,238 | 0.1% | 3 |
| DIMENSIONAL ETF TRUST | [DFEV](https://holderbook.com/stocks/DFEV/) | $205.0K | 6,076 | 0.1% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $204.9K | 433 | 0.1% | 1 |
| VANGUARD ADMIRAL FDS INC | [VIOV](https://holderbook.com/stocks/VIOV/) | $201.2K | 2,058 | 0.1% | 3 |

## 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 | +9.2% | +14.8% | -5.6% | 100% |
| Q1 2026 | +0.0% | -4.6% | +4.6% | 100% |
| Q4 2025 | +1.4% | +2.4% | -1.0% | 100% |
| Q3 2025 | +4.9% | +7.8% | -2.9% | 100% |
| Q2 2025 | +4.5% | +10.5% | -5.9% | 102% |
| Q1 2025 | -0.8% | -4.6% | +3.8% | 100% |
| Q4 2024 | -3.1% | +2.1% | -5.3% | 100% |
| Q3 2024 | +7.0% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $319.8M | 94 |
| Q1 2026 | $334.9M | 104 |
| Q4 2025 | $319.8M | 94 |
| Q3 2025 | $306.6M | 88 |
| Q2 2025 | $321.4M | 82 |
| Q1 2025 | $315.8M | 83 |
| Q4 2024 | $284.1M | 65 |
| Q3 2024 | $286.5M | 65 |
| Q2 2024 | $269.4M | 66 |
| Q1 2024 | $255.5M | 59 |
| Q4 2023 | $246.2M | 54 |
| Q3 2023 | $223.6M | 54 |