Baltimore-Washington Financial Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO COM	COM	88579Y101	8,768	42,116	SH		SOLE	None	41,387	0	728
ALIBABA GROUP HLDG LTD ADR	SPONSORED ADS	01609W102	5,022	35,646	SH		SOLE	None	34,850	0	795
ALPHABET INC CL A	CAP STK CL A	02079K305	3,643	3,919	SH		SOLE	None	3,808	0	111
AMN HEALTHCARE SERVICES INC COM	COM	001744101	2,918	74,725	SH		SOLE	None	72,552	0	2,172
APPLE INC COM	COM	037833100	9,782	67,918	SH		SOLE	None	65,357	0	2,560
ARES CAPITAL CORP COM	COM	04010L103	8,714	531,988	SH		SOLE	None	518,235	0	13,753
ARISTA NETWORKS INC COM	COM	040413106	5,441	36,330	SH		SOLE	None	35,386	0	943
BANK OF NEW YORK MELLON CORP COM	COM	064058100	9,206	180,457	SH		SOLE	None	177,888	0	2,568
BERKSHIRE HATHAWAY INC DEL CL B	CL B NEW	084670702	308	1,817	SH		SOLE	None	1,640	0	177
BOX INC COM CL A	CL A	10316T104	3,031	166,225	SH		SOLE	None	161,581	0	4,643
BRISTOL-MYERS SQUIBB CM	COM	110122108	385	6,918	SH		SOLE	None	0	0	6,918
CAMDEN PPTY TR SH BEN INT	SH BEN INT	133131102	7,366	86,149	SH		SOLE	None	84,512	0	1,637
COLGATE PALMOLIVE CO COM	COM	194162103	5,231	70,570	SH		SOLE	None	69,684	0	885
CVS HEALTH CORPORATION COM	COM	126650100	5,032	62,540	SH		SOLE	None	60,016	0	2,524
EXXON MOBIL CORPORATION COM	COM	30231G102	1,338	16,579	SH		SOLE	None	15,174	0	1,406
FACEBOOK INC COM	CL A	30303M102	5,699	37,749	SH		SOLE	None	36,424	0	1,325
GENTEX CORP COM	COM	371901109	3,009	158,615	SH		SOLE	None	155,128	0	3,486
GUGGENHEIM S&P 500 EQ WGT ENERGY ETF	GUG S&P500EQWTEN	78355W866	526	9,960	SH		SOLE	None	9,474	0	485
GUGGENHEIM S&P 500 EQ WGT TECHNOLOGY ETF	GUG S&P500EQWTTE	78355W817	983	7,875	SH		SOLE	None	6,617	0	1,258
GUGGENHEIM S&P 500 EQUAL WEIGHT ETF	GUG S&P500 EQ WT	78355W106	8,331	89,887	SH		SOLE	None	83,924	0	5,963
HEALTHCARE TRUST OF AMERICA COM CL A	CL A NEW	42225P501	7,454	239,600	SH		SOLE	None	233,411	0	6,188
INTERCONTINENTAL EXCHANGE INC COM	COM	45866F104	5,745	87,152	SH		SOLE	None	85,391	0	1,760
ISHARES CORE MSCI EAFE ETF	CORE MSCI EAFE	46432F842	5,233	85,935	SH		SOLE	None	84,895	0	1,040
ISHARES CORE S&P SMALL-CAP ETF	CORE S&P SCP ETF	464287804	3,910	55,769	SH		SOLE	None	43,592	0	12,176
ISHARES MSCI EAFE ETF	MSCI EAFE ETF	464287465	270	4,143	SH		SOLE	None	3,625	0	517
ISHARES NASDAQ BIOTECHNOLOGY ETF	NASDQ BIOTEC ETF	464287556	6,012	19,387	SH		SOLE	None	17,471	0	1,916
ISHARES RUSSELL MID-CAP ETF	RUS MID CAP ETF	464287499	6,067	31,582	SH		SOLE	None	24,002	0	7,579
ISHARES RUSSELL MID-CAP VALUE ETF	RUS MDCP VAL ETF	464287473	1,619	19,248	SH		SOLE	None	15,932	0	3,316
ISHARES S&P SMALL-CAP 600 GROWTH ETF	SP SMCP600GR ETF	464287887	6,597	42,301	SH		SOLE	None	35,584	0	6,716
ISHARES SELECT DIVIDEND ETF	SELECT DIVID ETF	464287168	9,673	104,898	SH		SOLE	None	80,202	0	24,695
ISHARES US FINANCIAL SERVICES ETF	U.S. FIN SVC ETF	464287770	5,988	52,815	SH		SOLE	None	46,274	0	6,541
ISHARES US INSURANCE ETF	U.S. INSRNCE ETF	464288786	5,911	94,400	SH		SOLE	None	90,855	0	3,545
ISHARES US PREFERRED STOCK ETF	U.S. PFD STK ETF	464288687	9,612	245,381	SH		SOLE	None	209,690	0	35,692
JOHNSON & JOHNSON COM	COM	478160104	10,383	78,483	SH		SOLE	None	76,073	0	2,410
LABORATORY CORP OF AMERICA COM	COM NEW	50540R409	7,085	45,965	SH		SOLE	None	44,683	0	1,282
MERCK & CO INC. COM	COM	58933Y105	6,116	95,428	SH		SOLE	None	92,727	0	2,700
MICROSOFT CORP COM	COM	594918104	10,745	155,883	SH		SOLE	None	152,022	0	3,860
OAKTREE CAPITAL GROUP LLC UNIT CLASS A	UNIT CL A	674001201	5,076	108,935	SH		SOLE	None	105,808	0	3,127
OMEGA HEALTHCARE INVESTORS INC COM	COM	681936100	7,645	231,522	SH		SOLE	None	225,240	0	6,281
PAYPAL HLDGS INC COM	COM	70450Y103	5,443	101,420	SH		SOLE	None	98,359	0	3,060
PEPSICO INC COM	COM	713448108	8,985	77,800	SH		SOLE	None	76,594	0	1,206
POWERSHARES QQQ	UNIT SER 1	73935A104	10,854	78,861	SH		SOLE	None	57,917	0	20,943
PRICELINE GROUP INC COM	COM NEW	741503403	8,298	4,436	SH		SOLE	None	4,363	0	72
ROYAL CARIBBEAN CRUISES LTD COM	COM	V7780T103	7,698	70,479	SH		SOLE	None	68,920	0	1,559
RPM INTERNATIONAL INC COM	COM	749685103	218	3,989	SH		SOLE	None	0	0	3,989
SCHWAB SCH US REIT ETF	US REIT ETF	808524847	4,681	113,591	SH		SOLE	None	88,493	0	25,098
SELECT SECTOR SPDR TRUST CONSUMER STAPLES INDEX	SBI CONS STPLS	81369Y308	4,800	87,370	SH		SOLE	None	74,888	0	12,481
SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX	SBI HEALTHCARE	81369Y209	6,005	75,784	SH		SOLE	None	58,571	0	17,212
SPDR S&P HI YLD DIV ARISTOCRATS IDX	S&P DIVID ETF	78464A763	3,838	43,174	SH		SOLE	None	40,885	0	2,289
SPDR S&P MIDCAP 400 ETF TRUST	UTSER1 S&PDCRP	78467Y107	4,266	13,429	SH		SOLE	None	12,793	0	635
SPDR SERIES TRUST SSGA US LRG CP LW VLTY IND ETF	SSGA US LRG ETF	78468R804	2,237	25,847	SH		SOLE	None	22,909	0	2,937
SPDR TR S&P 500 ETF TR	TR UNIT	78462F103	1,897	7,846	SH		SOLE	None	6,747	0	1,098
STARBUCKS CORP COM	COM	855244109	5,423	93,004	SH		SOLE	None	90,910	0	2,094
STRYKER CORP COM	COM	863667101	8,977	64,687	SH		SOLE	None	62,649	0	2,038
TEXAS INSTRUMENTS INC COM	COM	882508104	10,228	132,951	SH		SOLE	None	130,335	0	2,615
THE BLACKSTONE GROUP LP COM	COM UNIT LTD	09253U108	8,490	254,569	SH		SOLE	None	249,528	0	5,040
UNDER ARMOUR INC COM CL C	CL C	904311206	3,525	174,836	SH		SOLE	None	168,201	0	6,635
US BANCORP COM (NEW)	COM NEW	902973304	8,403	161,835	SH		SOLE	None	158,956	0	2,879
VANGUARD HIGH DIVIDEND YIELD ETF	HIGH DIV YLD	921946406	1,815	23,225	SH		SOLE	None	22,082	0	1,142
VANGUARD INDEX FUNDS S&P 500 ETF	S&P 500 ETF SHS	922908363	278	1,254	SH		SOLE	None	1,254	0	0
VANGUARD CRSP US SMALL CAP VALUE IND ET	SM CP VAL ETF	922908611	5,505	44,786	SH		SOLE	None	38,778	0	6,007
VANGUARD CRSP US MID CAP INDEX	MID CAP ETF	922908629	9,395	65,918	SH		SOLE	None	63,197	0	2,721
VANGUARD CRSP US LARGE CAP INDEX	LARGE CAP ETF	922908637	14,055	126,603	SH		SOLE	None	98,905	0	27,698
VANGUARD CRSP US LARGE CAP VALUE IND ET	VALUE ETF	922908744	11,760	121,789	SH		SOLE	None	94,289	0	27,500
VANGUARD INTL BOND INDEX ETF	INTL BD IDX ETF	92203J407	2,833	52,122	SH		SOLE	None	41,348	0	10,773
VANGUARD SHORT TERM CORP BOND ETF	SHRT TRM CORP BD	92206C409	8,081	100,958	SH		SOLE	None	82,777	0	18,180
VISA INC CLASS A	COM CL A	92826C839	7,462	79,572	SH		SOLE	None	77,547	0	2,024
WALT DISNEY CO COM	COM DISNEY	254687106	8,971	84,432	SH		SOLE	None	82,887	0	1,544
WELLS FARGO & CO COM	COM	949746101	8,276	149,351	SH		SOLE	None	146,470	0	2,881
ALPHABET INC CLASS C	CAP STK CL C	02079K107	7,535	8,292	SH		SOLE	None	8,071	0	221