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 COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 12-31-2021
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: Wall Capital Group, Inc.
Address: 22601 N 19TH AVENUE
SUITE 216
PHOENIX , AZ85027
Form 13F File Number: 028-18004

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: W Richard Mason
Title: Compliance Consultant
Phone: 6029443924
Signature, Place, and Date of Signing:
W Richard Mason Phoenix , AZ 01-24-2022
[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 reported are 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: 26
Form 13F Information Table Value Total: 287,158
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

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.]
No. Form 13F File Number Name


SEC FORM 13F-HR

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
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

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
INVESCO QQQ TR UNIT SER 1 ETF 46090E103 3,030 7,616 SH SOLE 7,616 0 0
ISHARES TR 20 YR TR BD ETF 464287432 166 1,122 SH SOLE 1,122 0 0
ISHARES TR CORE S&P500 ETF 464287200 4,351 9,122 SH SOLE 5,625 0 3,497
ISHARES TR CORE US AGGBD ETF 464287226 169 1,484 SH SOLE 1,484 0 0
ISHARES TR IBOXX INV CP ETF 464287242 316 2,384 SH SOLE 2,384 0 0
ISHARES TR JPMORGAN USD EMG ETF 464288281 353 3,239 SH SOLE 3,239 0 0
ISHARES TR MSCI EAFE ETF 464287465 18,024 229,079 SH SOLE 229,079 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 3,834 78,479 SH SOLE 78,479 0 0
ISHARES TR MSCI USA MIN VOL ETF 46429B697 2,834 35,030 SH SOLE 23,866 0 11,164
ISHARES TR MSCI USA MMENTM ETF 46432F396 57,261 314,931 SH SOLE 280,337 0 34,594
ISHARES TR MSCI USA QLT FCT ETF 46432F339 3,018 20,733 SH SOLE 14,999 0 5,734
ISHARES TR MSCI USA VALUE ETF 46432F388 4,977 45,463 SH SOLE 30,305 0 15,159
ISHARES TR NATIONAL MUN ETF 464288414 575 4,945 SH SOLE 4,945 0 0
ISHARES TR U.S. FIXED INCME 46435U796 173 1,737 SH SOLE 1,737 0 0
PIMCO ETF TR ENHAN SHRT MA AC ETF 72201R833 2,367 23,305 SH SOLE 3,810 0 19,495
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 2,703 69,551 SH SOLE 34,942 0 34,609
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 9,854 86,573 SH SOLE 33,145 0 53,428
SPDR S&P 500 ETF TR TR UNIT ETF 78462F103 1,276 2,687 SH SOLE 2,585 0 102
SPDR SER TR BLOOMBERG HIGH Y ETF 78468R622 219 2,013 SH SOLE 2,013 0 0
SPDR SER TR S&P 600 SML CAP ETF 78464A813 19,846 199,633 SH SOLE 181,214 0 18,419
SPDR SER TR S&P DIVID ETF 78464A763 411 3,181 SH SOLE 3,181 0 0
STRATEGY SHS DAY HAGAN NED ETF 86280R803 3,080 82,726 SH SOLE 32,267 0 50,458
VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 92203J407 361 6,553 SH SOLE 6,553 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 3,548 30,583 SH SOLE 20,822 0 9,761
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 143,564 328,846 SH SOLE 328,776 0 71
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 848 17,140 SH SOLE 17,140 0 0