MARYLAND CAPITAL ADVISORS INC.

CIK 0001891201 · Q4 2025

13F Equity AUM

$295.5M

+5.8% QoQ

Positions

267

+17 QoQ

AUM Rank

#5,928

Top 48%

Skill Alpha (FF)

-2.4%/yr^ns

No Clear Edge

Rank #5,742 · Top 70%

vs S&P -7.2%/yr (unadj.)

Quarters Tracked

~4 years

Portfolio Concentration

Top 5: 46.6%Top 10: 64.5%Top 20: 79.1%

IGSB22.2%

VCSH7.6%

VTI6.4%

DFAU5.9%

AAPL4.5%

VTV4.5%

DFLV4.1%

DFIV3.9%

DFAI2.8%

ISTB2.7%

Others (257)35.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services91.1%

Technology6.0%

Other2.9%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 267Median: 0.02%Avg: 0.37%

0–0.5%

235(12.1%)

0.5–1%

12(8.9%)

1–3%

12(20.1%)

3–5%

4(16.9%)

5%+

4(42.1%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 258Unique: 9vs 20 funds

3.6%Low

267

Fund positions

7,201

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 8 benchmark funds with highest portfolio overlap (Jaccard similarity)

BANK OF AMERICA CORP /DE/

5.4%

4.7%

5.1%

7.4%

4.4%

GEODE CAPITAL MANAGEMENT, LLC

3.4%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New23Increased49Decreased43Exited6

New Positions

GBLI0.1%

+12K

EVJ0.0%

+933

XLK0.0%

+200

IWM0.0%

+178

UBER0.0%

+231

EFG0.0%

+191

LLY0.0%

+23

CI0.0%

+24

MVST0.0%

+500

HIG0.0%

+69

Increased

IGSB22.2%

+139K(+13%)

DFLV4.1%

+37K(+12%)

DFAU5.9%

+16K(+4%)

DFNM2.4%

+11K(+8%)

VTIP1.4%

+8K(+10%)

DFAT1.7%

+8K(+10%)

DFAR1.3%

+6K(+4%)

DFIV3.9%

+5K(+2%)

DFAS1.2%

+4K(+10%)

DFAI2.8%

+4K(+2%)

Decreased

ISTB2.7%

-6,633(-4%)

EFV1.8%

-1,253(-2%)

VNQ0.6%

-1,111(-5%)

VCSH7.6%

-1,049(-0%)

VEA0.9%

-1,001(-2%)

AAPL4.5%

-790(-2%)

EDIV0.2%

-664(-5%)

EEM0.1%

-663(-8%)

VNQI1.1%

-496(-1%)

VTI6.4%

-416(-1%)

Exited

-5,292

-1,620

-4

-200

-24,849

-500

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...