— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Evanson Asset Management, LLC

3483 GREENFIELD PLACE, CARMEL, CA 93923 • 831-333-2060

Q2 2025 · Filed 2025-07-15
Market Value
$1.6B
+14.0%
Holdings
337
+16
New Purchases
32
Added To
154
Closed
14
Reduced
62
Top 10 Concentration
49.0%
Turnover
13.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VBIL 4.94% 0.00% +4.94% $79M
METV 3.10% 2.72% +0.38% $50M
NVDA 0.75% 0.56% +0.19% $12M
MSFT 0.88% 0.73% +0.15% $14M
VEU 0.15% 0.02% +0.12% $2M
DFIS 2.17% 2.07% +0.10% $35M
RWAY 0.10% 0.00% +0.10% $2M
VB 0.22% 0.14% +0.08% $4M
PFF 0.07% 0.00% +0.07% $1M
DISV 2.02% 1.96% +0.07% $33M
PFXF 0.06% 0.00% +0.06% $953K
ENB 0.05% 0.00% +0.05% $773K
COST 0.09% 0.04% +0.05% $1M
ET 0.05% 0.00% +0.05% $731K
ARCC 0.04% 0.00% +0.04% $673K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 4.34% 6.56% -2.22% $70M
PHYS 7.63% 8.57% -0.94% $123M
DFUV 3.48% 3.83% -0.35% $56M
DFAS 4.28% 4.55% -0.28% $69M
DFAT 3.69% 3.96% -0.27% $59M
AMZN 0.62% 0.87% -0.25% $10M
DFUS 3.94% 4.16% -0.21% $63M
DFAC 8.90% 9.09% -0.18% $143M
DFSV 1.67% 1.78% -0.12% $27M
VOO 1.38% 1.49% -0.11% $22M
VTI 3.01% 3.11% -0.10% $48M
MUB 0.01% 0.12% -0.10% $241K
CORT 0.07% 0.17% -0.10% $1M
DFLV 0.84% 0.94% -0.10% $14M
DHS 0.48% 0.57% -0.09% $8M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 85.7%
Technology 6.5%
Communication Services 5.0%
Energy 0.9%
Consumer Cyclical 0.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $332M 20.6%
Large Cap 179 $890M 55.3%
Mid Cap 55 $268M 16.7%
Small Cap 41 $63M 3.9%
Micro Cap 9 $57M 3.5%

Portfolio Analytics

Avg Market Cap
$188.6B
Median Market Cap
$30.0B
Avg P/E
37.8
Median P/E
24.6
Avg Dividend Yield
0.02%
Avg Beta
0.96
# Stocks
137
# ETFs / Funds
200

Top Holdings (337 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 DFAC 8.90% 3,997,319 $143M $35.84 $15M +109,514 +2.8%
2 PHYS 7.63% 4,843,086 $123M $25.35 $2M -183,503 -3.6%
3 VBIL 4.94% 1,051,728 $79M $75.55 +1,051,728 NEW
4 DFAX 4.35% 2,385,071 $70M $29.37 $8M +372 +0.0%
5 AAPL 4.34% 340,073 $70M $205.17 -$23M -76,522 -18.4%
6 DFAS 4.28% 1,079,798 $69M $63.71 $5M +3,969 +0.4%
7 DFUS 3.94% 946,784 $63M $67.02 $5M -23,028 -2.4%
8 DFAT 3.69% 1,100,428 $59M $53.96 $3M +14,942 +1.4%
9 DFUV 3.48% 1,324,237 $56M $42.28 $2M +13,315 +1.0%
10 DFIV 3.47% 1,304,154 $56M $42.83 $7M +50,345 +4.0%
11 METV 3.10% 67,495 $50M $738.09 $11M +1,005 +1.5%
12 VTI 3.01% 159,466 $48M $303.93 $5M -433 -0.3%
13 DFIS 2.17% 1,172,296 $35M $29.84 $6M +39,757 +3.5%
14 GOOGL 2.17% 198,157 $35M $176.23 $4M +1,389 +0.7%
15 DISV 2.02% 987,935 $33M $32.91 $5M +40,281 +4.2%
16 GOOG 2.00% 181,598 $32M $177.39 $4M +3,221 +1.8%
17 DFSV 1.67% 910,662 $27M $29.43 $2M +16,679 +1.9%
18 DFIC 1.45% 750,728 $23M $31.09 $3M +10,080 +1.4%
19 VOO 1.38% 38,968 $22M $568.03 $1M -1,907 -4.7%
20 DFAI 1.17% 545,429 $19M $34.57 $2M +12,786 +2.4%
21 VT 1.09% 136,126 $17M $128.52 $2M +433 +0.3%
22 DFEM 0.97% 528,357 $16M $29.68 $2M +10,813 +2.1%
23 VTEB 0.90% 296,755 $15M $49.03 $2M +37,972 +14.7%
24 DFEV 0.89% 476,845 $14M $29.99 $2M +18,599 +4.1%
25 MSFT 0.88% 28,397 $14M $497.41 $4M +1,075 +3.9%
26 DFLV 0.84% 436,327 $14M $31.02 $304K +3,537 +0.8%
27 SPY 0.83% 21,536 $13M $617.84 $1M +161 +0.8%
28 NVDA 0.75% 76,580 $12M $157.99 $4M +3,165 +4.3%
29 BRK-B 0.73% 24,211 $12M $485.77 $472K +3,014 +14.2%
30 AMZN 0.62% 45,406 $10M $219.39 -$2M -19,116 -29.6%
31 ALRM 0.60% 169,511 $10M $56.57 $141K -275 -0.2%
32 DFGR 0.59% 352,445 $9M $26.83 $703K +19,110 +5.7%
33 IJS 0.48% 77,392 $8M $99.49 $103K -535 -0.7%
34 DHS 0.48% 79,833 $8M $95.98 -$368K -1,151 -1.4%
35 VYM 0.46% 55,442 $7M $133.31 $257K +126 +0.2%
36 IWB 0.42% 19,815 $7M $339.57 $654K +10 +0.1%
37 CSCO 0.40% 92,823 $6M $69.38 $893K +2,941 +3.3%
38 DLS 0.40% 84,915 $6M $75.11 $792K +280 +0.3%
39 ACN 0.34% 18,370 $5M $298.90 -$247K -18 -0.1%
40 VXUS 0.31% 72,317 $5M $69.09 $841K +5,401 +8.1%
41 XLK 0.29% 18,256 $5M $253.23 $855K +10 +0.1%
42 VNQ 0.28% 50,658 $5M $89.06 -$32K +470 +0.9%
43 BSVO 0.28% 218,568 $4M $20.38 $831K +32,198 +17.3%
44 VIG 0.28% 21,675 $4M $204.67 $466K +1,211 +5.9%
45 IWF 0.27% 10,096 $4M $424.60 $640K -4 -0.0%
46 DFAW 0.26% 62,525 $4M $67.08 $634K +4,429 +7.6%
47 DTH 0.26% 90,075 $4M $46.33 $78K -6,384 -6.6%
48 DFNM 0.24% 81,687 $4M $47.43 -$160K -3,125 -3.7%
49 DFAR 0.23% 157,166 $4M $23.46 $94K +6,024 +4.0%
50 VV 0.22% 12,565 $4M $285.31 $311K -172 -1.4%
51 VB 0.22% 15,058 $4M $236.98 $2M +6,343 +72.8%
52 VTV 0.22% 19,766 $3M $176.74 $47K -187 -0.9%
53 IVV 0.22% 5,594 $3M $620.93 $327K -6 -0.1%
54 VEA 0.20% 55,561 $3M $57.01 $360K +319 +0.6%
55 VSS 0.20% 23,502 $3M $134.39 $565K +1,066 +4.8%
56 EFA 0.19% 34,836 $3M $89.39 $255K -144 -0.4%
57 DUHP 0.19% 85,381 $3M $35.56 -$239K -13,443 -13.6%
58 DES 0.19% 95,087 $3M $31.76 $65K +2,641 +2.9%
59 VBR 0.19% 15,372 $3M $195.01 $514K +2,042 +15.3%
60 SLV 0.19% 91,043 $3M $32.81 $142K -760 -0.8%
61 TSLA 0.18% 9,076 $3M $317.65 $551K +79 +0.9%
62 ABCS 0.18% 100,083 $3M $28.76 $83K -923 -0.9%
63 DIHP 0.17% 95,327 $3M $29.49 $591K +12,909 +15.7%
64 IEFA 0.17% 33,564 $3M $83.48 $333K +924 +2.8%
65 IWD 0.17% 14,328 $3M $194.23 $86K -5 -0.0%
66 OKE 0.17% 33,213 $3M $81.63 -$754K -1,711 -4.9%
67 VUG 0.16% 5,752 $3M $438.43 $422K +91 +1.6%
68 VTES 0.16% 24,905 $3M $100.93 $19K +86 +0.3%
69 VPL 0.15% 30,294 $2M $82.18 $296K +27 +0.1%
70 BND 0.15% 33,532 $2M $73.63 $317K +4,236 +14.5%
71 VWO 0.15% 49,784 $2M $49.46 $266K +1,262 +2.6%
72 VYMI 0.15% 30,492 $2M $80.11 $196K
73 VGK 0.15% 30,617 $2M $77.50 $236K +187 +0.6%
74 IVW 0.15% 21,447 $2M $110.10 $369K -15 -0.1%
75 XOM 0.15% 21,741 $2M $107.80 -$235K +59 +0.3%
76 VEU 0.15% 34,813 $2M $67.22 $2M +29,273 +528.4%
77 CVX 0.14% 15,859 $2M $143.19 -$353K +172 +1.1%
78 JNJ 0.14% 14,577 $2M $152.75 $75K +1,603 +12.4%
79 IJR 0.14% 20,186 $2M $109.29 $79K -158 -0.8%
80 VGT 0.13% 3,170 $2M $663.38 $136K -456 -12.6%
81 BSV 0.13% 25,633 $2M $78.70 $23K +152 +0.6%
82 AVGE 0.12% 25,722 $2M $77.48 $292K +1,825 +7.6%
83 DFAE 0.12% 68,778 $2M $28.95 -$10K -8,520 -11.0%
84 EPD 0.12% 62,829 $2M $31.01 -$538K -10,006 -13.7%
85 DVY 0.12% 14,047 $2M $132.81 -$262K -1,793 -11.3%
86 QQQM 0.12% 8,175 $2M $227.09 $557K +1,445 +21.5%
87 AMD 0.11% 12,474 $2M $141.90 $474K -138 -1.1%
88 IYR 0.11% 18,372 $2M $94.77 -$18K
89 VFH 0.11% 13,617 $2M $127.30 $100K -57 -0.4%
90 IWC 0.11% 13,547 $2M $127.66 $228K +9 +0.1%
91 ADBE 0.11% 4,430 $2M $386.91 $14K -2 -0.1%
92 PG 0.11% 10,608 $2M $159.31 $109K +1,330 +14.3%
93 SPLG 0.10% 23,166 $2M $72.69 $426K +4,042 +21.1%
94 AVDE 0.10% 22,463 $2M $74.01 $191K +258 +1.2%
95 SCHF 0.10% 74,607 $2M $22.10 $168K -262 -0.3%
96 AVUV 0.10% 18,082 $2M $91.10 $140K +796 +4.6%
97 JPM 0.10% 5,661 $2M $289.93 $561K +1,259 +28.6%
98 VDE 0.10% 13,763 $2M $119.12 -$143K +19 +0.1%
99 SCHX 0.10% 67,000 $2M $24.44 $159K +44 +0.1%
100 AVGV 0.10% 25,000 $2M $65.23 $315K +3,357 +15.5%

New Positions

SymbolValue% Port
VBIL $79M 4.94%
RWAY $2M 0.10%
PFF $1M 0.07%
PFXF $953K 0.06%
ENB $773K 0.05%
ET $731K 0.05%
ARCC $673K 0.04%
BN $416K 0.03%
ARKF $402K 0.02%
KO $345K 0.02%
ASML $336K 0.02%
MELI $324K 0.02%
PLTR $302K 0.02%
PAYX $282K 0.02%
SYY $281K 0.02%

Sold Out Positions

SymbolValue% Port
FDX —%
DHR —%
TMO —%
BIP —%
FTNT —%
BINC —%
DJP —%
SHOP —%
IDV —%
NOBL —%
LTBR —%
VRTX —%
DFCA —%
2HQ.DE —%
View SEC EDGAR Filings for Evanson Asset Management, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms