Passive Capital Management 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

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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
AMERICAN CENTY ETF TR	AVANTIS EMGMKT	025072604	1,313,233	20,740	SH		SOLE		20,740	0	0
AMERICAN CENTY ETF TR	US SML CP VALU	025072877	3,004,307	37,676	SH		SOLE		37,676	0	0
AMERICAN CENTY ETF TR	INTL EQT ETF	025072703	2,042,520	32,221	SH		SOLE		32,221	0	0
AMERICAN CENTY ETF TR	US EQT ETF	025072885	2,367,629	29,536	SH		SOLE		29,536	0	0
AMERICAN CENTY ETF TR	INTL SMCP VLU	025072802	1,984,293	30,740	SH		SOLE		30,740	0	0
APPLE INC	COM	037833100	447,479	2,520	SH		SOLE		2,520	0	0
BK OF AMERICA CORP	COM	060505104	258,487	5,810	SH		SOLE		5,810	0	0
CSX CORP	COM	126408103	225,374	5,994	SH		SOLE		5,994	0	0
DIMENSIONAL ETF TRUST	US TARGETED VLU	25434V609	5,021,865	105,679	SH		SOLE		105,679	0	0
DIMENSIONAL ETF TRUST	US CORE EQUITY 2	25434V708	356,852	12,318	SH		SOLE		12,318	0	0
FLEXSHARES TR	IBOXX 3R TARGT	33939L506	717,569	27,274	SH		SOLE		27,274	0	0
HONEYWELL INTL INC	COM	438516106	213,514	1,024	SH		SOLE		1,024	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	1,074,195	2,700	SH		SOLE		2,700	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	6,534,226	56,194	SH		SOLE		56,194	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	770,806	9,011	SH		SOLE		9,011	0	0
ISHARES TR	MSCI EAFE ETF	464287465	388,443	4,937	SH		SOLE		4,937	0	0
ISHARES TR	0-5 YR TIPS ETF	46429B747	472,542	4,463	SH		SOLE		4,463	0	0
ISHARES TR	CORE S&P500 ETF	464287200	512,764	1,075	SH		SOLE		1,075	0	0
ISHARES TR	RUS MID CAP ETF	464287499	319,007	3,843	SH		SOLE		3,843	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	432,410	1,415	SH		SOLE		1,415	0	0
JBG SMITH PPTYS	COM	46590V100	3,063,119	106,692	SH		SOLE		106,692	0	0
JPMORGAN CHASE & CO	COM	46625H100	3,185,527	20,117	SH		SOLE		20,117	0	0
LOWES COS INC	COM	548661107	1,123,354	4,346	SH		SOLE		4,346	0	0
PROCTER AND GAMBLE CO	COM	742718109	359,549	2,198	SH		SOLE		2,198	0	0
PROLOGIS INC.	COM	74340W103	353,556	2,100	SH		SOLE		2,100	0	0
RYDER SYS INC	COM	783549108	249,516	3,027	SH		SOLE		3,027	0	0
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	20,551,054	404,151	SH		SOLE		404,151	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	1,166,780	39,392	SH		SOLE		39,392	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	5,670,133	90,160	SH		SOLE		90,160	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	1,143,450	29,417	SH		SOLE		29,417	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	1,268,013	12,383	SH		SOLE		12,383	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	1,129,944	21,445	SH		SOLE		21,445	0	0
SCHWAB STRATEGIC TR	INTL SCEQT ETF	808524888	1,051,348	25,687	SH		SOLE		25,687	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	9,493,554	84,006	SH		SOLE		84,006	0	0
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	2,892,726	51,527	SH		SOLE		51,527	0	0
SERVICENOW INC	COM	81762P102	3,804,434	5,861	SH		SOLE		5,861	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	802,171	1,689	SH		SOLE		1,689	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	52,664,496	453,965	SH		SOLE		453,965	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	305,724	1,200	SH		SOLE		1,200	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	1,522,403	6,736	SH		SOLE		6,736	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	337,469	773	SH		SOLE		773	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	381,038	1,724	SH		SOLE		1,724	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	1,072,307	20,862	SH		SOLE		20,862	0	0
VANGUARD MUN BD FDS	TAX EXEMPT BD	922907746	33,048,438	601,866	SH		SOLE		601,866	0	0
WISDOMTREE TR	US HIGH DIVIDEND	97717W208	561,602	6,804	SH		SOLE		6,804	0	0
WISDOMTREE TR	ITL HIGH DIV FD	97717W802	297,671	7,690	SH		SOLE		7,690	0	0
WISDOMTREE TR	US SMALLCAP DIVD	97717W604	209,819	6,385	SH		SOLE		6,385	0	0
WISDOMTREE TR	US TOTAL DIVIDND	97717W109	372,313	5,751	SH		SOLE		5,751	0	0