# VALLEY FORGE INVESTMENT CONSULTANTS INC ADV

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 920655. Source: https://holderbook.com/funds/920655-valley-forge-investment-consultants-inc-adv/

- Reported value: $388.3M
- Positions: 86
- Weight of the ten largest: 81.5%
- Filed: 2026-08-07

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 | [IVV](https://holderbook.com/stocks/IVV/) | $141.4M | 188,749 | 36.4% | 23 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $54.6M | 564,841 | 14.0% | 23 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $27.0M | 350,159 | 7.0% | 23 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $26.5M | 178,556 | 6.8% | 23 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $25.9M | 879,414 | 6.7% | 23 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $10.5M | 285,914 | 2.7% | 23 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $9.4M | 324,549 | 2.4% | 23 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $9.2M | 332,069 | 2.4% | 23 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $7.0M | 192,486 | 1.8% | 23 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $5.1M | 51,548 | 1.3% | 23 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $4.7M | 38,153 | 1.2% | 23 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $4.6M | 144,318 | 1.2% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $3.7M | 5 | 1.0% | 23 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $3.7M | 33,901 | 1.0% | 23 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $3.2M | 16,875 | 0.8% | 23 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.7M | 76,804 | 0.7% | 23 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $2.6M | 77,903 | 0.7% | 23 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $2.2M | 9,197 | 0.6% | 23 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.2M | 7,128 | 0.6% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.0M | 2,939 | 0.5% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.9M | 5,356 | 0.5% | 22 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $1.8M | 39,579 | 0.5% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.6M | 26,938 | 0.4% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.5M | 5,262 | 0.4% | 23 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $1.5M | 16,860 | 0.4% | 23 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $1.3M | 26,684 | 0.3% | 1 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.3M | 8,262 | 0.3% | 15 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.3M | 15,154 | 0.3% | 23 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $1.3M | 54,272 | 0.3% | 23 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.2M | 3,628 | 0.3% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.2M | 3,278 | 0.3% | 20 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $1.1M | 2,939 | 0.3% | 14 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $952.8K | 4,372 | 0.2% | 23 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $951.6K | 18,814 | 0.2% | 15 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $834.6K | 2,725 | 0.2% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $766.7K | 3,832 | 0.2% | 12 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $700.0K | 7,256 | 0.2% | 20 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $688.2K | 8,541 | 0.2% | 23 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $682.9K | 6,191 | 0.2% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $681.6K | 913 | 0.2% | 23 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $681.5K | 2,000 | 0.2% | 23 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $675.5K | 3,850 | 0.2% | 21 |
| ARS PHARMACEUTICALS INC | [SPRY](https://holderbook.com/stocks/SPRY/) | $666.6K | 83,225 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $643.0K | 3,254 | 0.2% | 4 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $639.2K | 7,421 | 0.2% | 23 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $623.7K | 15,120 | 0.2% | 2 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $622.3K | 845 | 0.2% | 12 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $618.6K | 17,061 | 0.2% | 23 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $592.6K | 16,086 | 0.2% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $575.7K | 2,415 | 0.1% | 14 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $497.6K | 2,249 | 0.1% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $470.0K | 1,260 | 0.1% | 23 |
| BANCORP INC DEL | [TBBK](https://holderbook.com/stocks/TBBK/) | $441.0K | 7,041 | 0.1% | 5 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $433.3K | 1,000 | 0.1% | 2 |
| ABRDN PRECIOUS METALS BASKET | [GLTR](https://holderbook.com/stocks/GLTR/) | $425.5K | 2,349 | 0.1% | 11 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $422.1K | 1,405 | 0.1% | 23 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $406.4K | 1,591 | 0.1% | 2 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $403.2K | 4,100 | 0.1% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $397.9K | 2,535 | 0.1% | 23 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $393.1K | 3,300 | 0.1% | 22 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $369.8K | 903 | 0.1% | 12 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $353.5K | 2,152 | 0.1% | 1 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $341.5K | 2,498 | 0.1% | 23 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $334.5K | 13,247 | 0.1% | 10 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $333.4K | 13,765 | 0.1% | 10 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $331.3K | 13,672 | 0.1% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $323.0K | 303 | 0.1% | 2 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $317.7K | 13,163 | 0.1% | 4 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $316.5K | 621 | 0.1% | 12 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $276.9K | 5,588 | 0.1% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $267.8K | 223 | 0.1% | 3 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $263.9K | 2,826 | 0.1% | 4 |
| GLOBAL X FDS | [MLPX](https://holderbook.com/stocks/MLPX/) | $246.2K | 3,342 | 0.1% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $242.1K | 430 | 0.1% | 13 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $242.1K | 576 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $219.9K | 594 | 0.1% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $217.1K | 1,200 | 0.1% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $215.1K | 2,602 | 0.1% | 6 |
| ABRDN ETFS | [BCI](https://holderbook.com/stocks/BCI/) | $213.6K | 9,560 | 0.1% | 2 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $210.5K | 714 | 0.1% | 1 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $208.8K | 3,540 | 0.1% | 6 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $205.3K | 3,840 | 0.1% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $202.6K | 619 | 0.1% | 1 |
| DULUTH HLDGS INC | [DLTH](https://holderbook.com/stocks/DLTH/) | $60.7K | 13,555 | 0.0% | 22 |
| INNVENTURE INC | [INV](https://holderbook.com/stocks/INV/) | $50.7K | 10,000 | 0.0% | 1 |
| NERVGEN PHARMA CORP | [NGEN](https://holderbook.com/stocks/NGEN/) | $20.6K | 10,000 | 0.0% | 2 |

## 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 | +13.1% | +14.8% | -1.8% | 100% |
| Q1 2026 | -1.9% | -4.6% | +2.7% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.2% | 100% |
| Q3 2025 | +7.0% | +7.8% | -0.8% | 100% |
| Q2 2025 | +8.8% | +10.5% | -1.7% | 100% |
| Q1 2025 | -2.9% | -4.6% | +1.6% | 100% |
| Q4 2024 | -0.6% | +2.1% | -2.7% | 99% |
| Q3 2024 | +6.4% | +5.4% | +0.9% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $388.3M | 86 |
| Q1 2026 | $333.6M | 83 |
| Q4 2025 | $343.9M | 80 |
| Q3 2025 | $342.0M | 84 |
| Q2 2025 | $312.1M | 94 |
| Q1 2025 | $280.9M | 85 |
| Q4 2024 | $291.2M | 86 |
| Q3 2024 | $286.7M | 87 |
| Q2 2024 | $264.2M | 83 |
| Q1 2024 | $256.4M | 85 |
| Q4 2023 | $224.9M | 80 |
| Q3 2023 | $219.5M | 80 |