# EDGAR Filing Document

**Accession Number:** 0001633288
**File Stem:** 0001633288-23-000001
**Filing Date:** 2023-2
**Character Count:** 12784
**Document Hash:** af66d4ffa7bf936f68ca3dc08c2d9d56
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001633288-23-000001.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001633288-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Towercrest Capital Management
- **CENTRAL INDEX KEY:** 0001633288
- **IRS NUMBER:** 270451540
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16569
- **FILM NUMBER:** 23607023

**BUSINESS ADDRESS:**
- **STREET 1:** 41 UNIVERSITY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NEWTOWN
- **STATE:** PA
- **ZIP:** 18940
- **BUSINESS PHONE:** 2158092000

**MAIL ADDRESS:**
- **STREET 1:** 41 UNIVERSITY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NEWTOWN
- **STATE:** PA
- **ZIP:** 18940

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Towercrest Capital Management<br>**Address:** 41 UNIVERSITY DRIVE<br>SUITE 400<br>NEWTOWN, PA 18940

**Form 13F File Number:** 028-16569

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Curtis Snyder<br>**Title:** Managing Member<br>**Phone:** 215-809-2001

**Signature, Place, and Date of Signing:**

Curtis Snyder  Newtown, PA  02-09-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 91

**Form 13F Information Table Value Total:** $451792722

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 38297192 | 848221 | SH |  | SOLE |  | 0 | 0 | 848221 |
| ISHARES TR | CORE S ETF | 464287200 |  | 31360123 | 81622 | SH |  | SOLE |  | 0 | 0 | 81622 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 22352580 | 489651 | SH |  | SOLE |  | 0 | 0 | 489651 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 21709775 | 223835 | SH |  | SOLE |  | 0 | 0 | 223835 |
| SPDR SER TR | BLOMBERG BRC INV | 78468R200 |  | 21461230 | 706194 | SH |  | SOLE |  | 0 | 0 | 706194 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 19611624 | 389661 | SH |  | SOLE |  | 0 | 0 | 389661 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 15798927 | 490498 | SH |  | SOLE |  | 0 | 0 | 490498 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 15402804 | 249883 | SH |  | SOLE |  | 0 | 0 | 249883 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 13425588 | 158714 | SH |  | SOLE |  | 0 | 0 | 158714 |
| INVESCO EXCHNG TRADED FD TR | FNDMNTL HY CRP | 46138E719 |  | 12739311 | 744119 | SH |  | SOLE |  | 0 | 0 | 744119 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 12486918 | 169590 | SH |  | SOLE |  | 0 | 0 | 169590 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 11273686 | 476286 | SH |  | SOLE |  | 0 | 0 | 476286 |
| SPDR TR S 500 ETF TR | TR UNIT | 78462F103 |  | 11083730 | 28982 | SH |  | SOLE |  | 0 | 0 | 28982 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 10718644 | 44312 | SH |  | SOLE |  | 0 | 0 | 44312 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 10693819 | 101344 | SH |  | SOLE |  | 0 | 0 | 101344 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 10473026 | 110662 | SH |  | SOLE |  | 0 | 0 | 110662 |
| ISHARES TR | CORE MSCI EMKT | 46434G103 |  | 10375174 | 222166 | SH |  | SOLE |  | 0 | 0 | 222166 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 9608368 | 146447 | SH |  | SOLE |  | 0 | 0 | 146447 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 9352369 | 230866 | SH |  | SOLE |  | 0 | 0 | 230866 |
| PIMCO ETF TR | INV GRD CRP BD | 72201R817 |  | 9192350 | 98842 | SH |  | SOLE |  | 0 | 0 | 98842 |
| SPDR SERIES TRUST | PORTFOLIO LR ETF | 78464A854 |  | 9036916 | 200910 | SH |  | SOLE |  | 0 | 0 | 200910 |
| APPLE INC | COM | 037833100 |  | 8415075 | 64766 | SH |  | SOLE |  | 0 | 0 | 64766 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 7701713 | 73050 | SH |  | SOLE |  | 0 | 0 | 73050 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 7590993 | 185644 | SH |  | SOLE |  | 0 | 0 | 185644 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 7223918 | 161212 | SH |  | SOLE |  | 0 | 0 | 161212 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 7215011 | 243011 | SH |  | SOLE |  | 0 | 0 | 243011 |
| SPDR SERIES TRUST | PORTFOLIO AGRGTE | 78464A649 |  | 6812424 | 271087 | SH |  | SOLE |  | 0 | 0 | 271087 |
| SPDR SER TR | NUVEEN BRC MUNIC | 78468R721 |  | 6771149 | 148425 | SH |  | SOLE |  | 0 | 0 | 148425 |
| INVESCO EXCHNG TRADED FD TR | EMRNG MKT SVRG | 46138E784 |  | 6726320 | 360274 | SH |  | SOLE |  | 0 | 0 | 360274 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 6145390 | 193069 | SH |  | SOLE |  | 0 | 0 | 193069 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 5817958 | 68608 | SH |  | SOLE |  | 0 | 0 | 68608 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 5431859 | 164802 | SH |  | SOLE |  | 0 | 0 | 164802 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 4279025 | 56646 | SH |  | SOLE |  | 0 | 0 | 56646 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 2909243 | 58185 | SH |  | SOLE |  | 0 | 0 | 58185 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 2578562 | 53453 | SH |  | SOLE |  | 0 | 0 | 53453 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2520838 | 31056 | SH |  | SOLE |  | 0 | 0 | 31056 |
| ISHARES TR | NASDAQ BIOTECH | 464287556 |  | 2347203 | 17878 | SH |  | SOLE |  | 0 | 0 | 17878 |
| MICROSOFT CORP | COM | 594918104 |  | 2287437 | 9538 | SH |  | SOLE |  | 0 | 0 | 9538 |
| SPDR SERIES TRUST | PORTFOLIO MD ETF | 78464A847 |  | 2161463 | 50858 | SH |  | SOLE |  | 0 | 0 | 50858 |
| SPDR SER TR | PORTFOLIO SM ETF | 78468R853 |  | 2131679 | 57660 | SH |  | SOLE |  | 0 | 0 | 57660 |
| SPDR SER TR | PRTFLO S HI | 78468R788 |  | 1737396 | 43896 | SH |  | SOLE |  | 0 | 0 | 43896 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1636184 | 6145 | SH |  | SOLE |  | 0 | 0 | 6145 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1578145 | 7366 | SH |  | SOLE |  | 0 | 0 | 7366 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1441338 | 25942 | SH |  | SOLE |  | 0 | 0 | 25942 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1318337 | 9831 | SH |  | SOLE |  | 0 | 0 | 9831 |
| SPDR SERIES TRUST | PORTFOLIO TL STK | 78464A805 |  | 1228581 | 25980 | SH |  | SOLE |  | 0 | 0 | 25980 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1122794 | 6356 | SH |  | SOLE |  | 0 | 0 | 6356 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1082672 | 7665 | SH |  | SOLE |  | 0 | 0 | 7665 |
| MERCK  CO INC | COM | 58933Y105 |  | 977248 | 8808 | SH |  | SOLE |  | 0 | 0 | 8808 |
| META PLATFORMS INC | CL A | 30303M102 |  | 839733 | 6978 | SH |  | SOLE |  | 0 | 0 | 6978 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 806823 | 9224 | SH |  | SOLE |  | 0 | 0 | 9224 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 655159 | 3427 | SH |  | SOLE |  | 0 | 0 | 3427 |
| AT INC | COM | 00206R102 |  | 623955 | 33892 | SH |  | SOLE |  | 0 | 0 | 33892 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 572299 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| COCA COLA CONSOLIDATED INC | COM | 191098102 |  | 558559 | 8781 | SH |  | SOLE |  | 0 | 0 | 8781 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 546320 | 6192 | SH |  | SOLE |  | 0 | 0 | 6192 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 541034 | 8195 | SH |  | SOLE |  | 0 | 0 | 8195 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 532773 | 18441 | SH |  | SOLE |  | 0 | 0 | 18441 |
| VISA INC | COM CL A | 92826C839 |  | 484289 | 2331 | SH |  | SOLE |  | 0 | 0 | 2331 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 475500 | 3136 | SH |  | SOLE |  | 0 | 0 | 3136 |
| BANK AMER CORP | COM | 060505104 |  | 469608 | 14179 | SH |  | SOLE |  | 0 | 0 | 14179 |
| CHEVRON CORP NEW | COM | 166764100 |  | 453392 | 2526 | SH |  | SOLE |  | 0 | 0 | 2526 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 435135 | 3890 | SH |  | SOLE |  | 0 | 0 | 3890 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 423769 | 2791 | SH |  | SOLE |  | 0 | 0 | 2791 |
| HOME DEPOT INC | COM | 437076102 |  | 413145 | 1308 | SH |  | SOLE |  | 0 | 0 | 1308 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 410399 | 9863 | SH |  | SOLE |  | 0 | 0 | 9863 |
| PFIZER INC | COM | 717081103 |  | 371051 | 7241 | SH |  | SOLE |  | 0 | 0 | 7241 |
| CISCO SYS INC | COM | 17275R102 |  | 365732 | 7677 | SH |  | SOLE |  | 0 | 0 | 7677 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 340449 | 4321 | SH |  | SOLE |  | 0 | 0 | 4321 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 338370 | 7516 | SH |  | SOLE |  | 0 | 0 | 7516 |
| DISNEY WALT CO | COM | 254687106 |  | 322729 | 3715 | SH |  | SOLE |  | 0 | 0 | 3715 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 309889 | 4307 | SH |  | SOLE |  | 0 | 0 | 4307 |
| Procter  Gamble Co | COM | 742718109 |  | 309486 | 2042 | SH |  | SOLE |  | 0 | 0 | 2042 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 302841 | 6300 | SH |  | SOLE |  | 0 | 0 | 6300 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 298221 | 7569 | SH |  | SOLE |  | 0 | 0 | 7569 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 293698 | 3513 | SH |  | SOLE |  | 0 | 0 | 3513 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 281400 | 881 | SH |  | SOLE |  | 0 | 0 | 881 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 275997 | 6038 | SH |  | SOLE |  | 0 | 0 | 6038 |
| ISHARES TR | RUSSELL 1000 US | 46435G169 |  | 270518 | 1285 | SH |  | SOLE |  | 0 | 0 | 1285 |
| AMAZON COM INC | COM | 023135106 |  | 268212 | 3193 | SH |  | SOLE |  | 0 | 0 | 3193 |
| COUPANG INC | CL A | 22266T109 |  | 264339 | 17970 | SH |  | SOLE |  | 0 | 0 | 17970 |
| HERSHEY CO | COM | 427866108 |  | 254727 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 250920 | 2788 | SH |  | SOLE |  | 0 | 0 | 2788 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 245724 | 4901 | SH |  | SOLE |  | 0 | 0 | 4901 |
| BOEING CO | COM | 097023105 |  | 237160 | 1245 | SH |  | SOLE |  | 0 | 0 | 1245 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 226266 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 225719 | 3684 | SH |  | SOLE |  | 0 | 0 | 3684 |
| PEPSICO INC | COM | 713448108 |  | 224585 | 1243 | SH |  | SOLE |  | 0 | 0 | 1243 |
| ISHARES TR | S 100 ETF | 464287101 |  | 214406 | 1257 | SH |  | SOLE |  | 0 | 0 | 1257 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 207764 | 591 | SH |  | SOLE |  | 0 | 0 | 591 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 206518 | 1466 | SH |  | SOLE |  | 0 | 0 | 1466 |

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