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Asset Manager ← All Institutions

Duncan Williams Asset Management, LLC

5350 POPLAR AVENUE, SUITE 600, MEMPHIS, TN 38119 • (901)260-6800

Q3 2025 · Filed 2025-11-12
Market Value
$355M
-45.5%
Holdings
262
+11
New Purchases
13
Added To
77
Closed
101
Reduced
45
Top 10 Concentration
52.8%
Turnover
43.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VUG 13.71% 6.74% +6.97% $49M
DGRW 12.29% 5.69% +6.60% $44M
IUSV 5.85% 0.00% +5.85% $21M
AAPL 4.00% 1.75% +2.25% $14M
GSSC 3.13% 1.42% +1.72% $11M
VOO 2.75% 1.35% +1.40% $10M
VTV 2.49% 1.25% +1.24% $9M
MSFT 2.74% 1.50% +1.24% $10M
VEA 2.17% 0.95% +1.23% $8M
FHN 2.28% 1.17% +1.12% $8M
QQQ 2.06% 1.02% +1.04% $7M
BRK-B 2.08% 1.09% +0.99% $7M
VWO 1.78% 0.79% +0.98% $6M
VB 1.81% 0.90% +0.91% $6M
AZO 1.47% 0.70% +0.76% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPLG 0.00% 10.19% -10.19% $0
JCPB 0.00% 3.26% -3.26% $0
SCHF 0.00% 2.43% -2.43% $0
FBND 0.00% 2.38% -2.38% $0
BSCP 0.00% 2.13% -2.13% $0
BSCQ 0.00% 1.76% -1.76% $0
QUAL 0.00% 1.70% -1.70% $0
SCHZ 0.00% 1.66% -1.66% $0
IYW 0.00% 1.50% -1.50% $0
SCHG 0.00% 1.45% -1.45% $0
OEF 0.00% 1.40% -1.40% $0
VFLO 0.00% 1.20% -1.20% $0
IUSB 0.00% 1.19% -1.19% $0
SMH 0.00% 1.12% -1.12% $0
BSCT 0.00% 1.07% -1.07% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 76.6%
Technology 9.0%
Consumer Cyclical 3.3%
Healthcare 3.2%
Industrials 2.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $166M 46.8%
Large Cap 136 $152M 42.9%
Mid Cap 41 $16M 4.6%
Small Cap 22 $17M 4.9%
Micro Cap 10 $3M 0.8%

Portfolio Analytics

Avg Market Cap
$234.7B
Median Market Cap
$40.7B
Avg P/E
35.9
Median P/E
24.8
Avg Dividend Yield
0.02%
Avg Beta
0.97
# Stocks
117
# ETFs / Funds
145

Top Holdings (262 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VUG 13.71% 101,399 $49M $479.61 $5M +1,230 +1.2%
2 DGRW 12.29% 490,267 $44M $88.96 $7M +47,404 +10.7%
3 IUSV 5.85% 207,794 $21M $99.95 +207,794 NEW
4 AAPL 4.00% 55,782 $14M $254.63 $3M +126 +0.2%
5 SCHD 3.59% 466,110 $13M $27.30 -$17M -658,582 -58.6%
6 GSSC 3.13% 148,409 $11M $74.89 $2M +14,015 +10.4%
7 VOO 2.75% 15,918 $10M $612.38 $941K +414 +2.7%
8 MSFT 2.74% 18,750 $10M $517.95 -$70K -916 -4.7%
9 VTV 2.49% 47,426 $9M $186.49 $672K +1,189 +2.6%
10 FHN 2.28% 358,347 $8M $22.61 $495K -463 -0.1%
11 VEA 2.17% 128,681 $8M $59.92 $2M +20,398 +18.8%
12 BRK-B 2.08% 14,661 $7M $502.74 $266K +36 +0.2%
13 QQQ 2.06% 12,151 $7M $600.36 $649K +103 +0.8%
14 VB 1.81% 25,214 $6M $254.28 $577K +595 +2.4%
15 VWO 1.78% 116,240 $6M $54.18 $1M +11,726 +11.2%
16 AMZN 1.51% 24,399 $5M $219.57 $87K +378 +1.6%
17 AZO 1.47% 1,212 $5M $4,290.24 $626K -20 -1.6%
18 MA 1.09% 6,799 $4M $568.81 $87K +73 +1.1%
19 VO 0.99% 11,947 $4M $293.75 $320K +548 +4.8%
20 SPY 0.97% 5,184 $3M $666.15 $285K +55 +1.1%
21 V 0.95% 9,892 $3M $341.38 -$286K -425 -4.1%
22 GOOG 0.94% 13,665 $3M $243.55 $1M +1,005 +7.9%
23 XMHQ 0.93% 31,478 $3M $104.96 $1M +8,328 +36.0%
24 VYMI 0.84% 35,371 $3M $84.68 $730K +7,090 +25.1%
25 WMT 0.79% 27,165 $3M $103.06 $155K +122 +0.5%
26 FDX 0.78% 11,807 $3M $235.81 $53K -210 -1.8%
27 CSM 0.67% 31,162 $2M $76.57 $153K -526 -1.7%
28 RF 0.66% 88,890 $2M $26.37 $254K +9 +0.0%
29 VIG 0.66% 10,860 $2M $215.78 $130K +46 +0.4%
30 VONG 0.49% 14,558 $2M $120.50 $218K +490 +3.5%
31 UNH 0.43% 4,367 $2M $345.28 $183K +121 +2.9%
32 MPC 0.41% 7,612 $1M $192.75 $99K -627 -7.6%
33 EGP 0.40% 8,300 $1M $169.26 $18K
34 EFG 0.39% 12,251 $1M $113.88 -$264 -208 -1.7%
35 CGXU 0.39% 46,586 $1M $29.62 -$115K -8,530 -15.5%
36 KKR 0.38% 10,507 $1M $129.94 -$343K -2,335 -18.2%
37 COST 0.38% 1,472 $1M $925.44 -$101K -6 -0.4%
38 IWP 0.38% 9,386 $1M $142.41 $6K -207 -2.2%
39 TSLA 0.37% 2,970 $1M $444.72 $449K +224 +8.2%
40 RMD 0.37% 4,760 $1M $273.74 $111K +142 +3.1%
41 MUNI 0.36% 24,764 $1M $52.28 -$480K -9,796 -28.3%
42 PDI 0.36% 64,527 $1M $19.80 -$617K -35,374 -35.4%
43 FTNT 0.36% 15,093 $1M $84.08 -$281K +429 +2.9%
44 HD 0.36% 3,117 $1M $405.19 $127K +17 +0.6%
45 NVDA 0.35% 6,562 $1M $186.58 -$481K -4,231 -39.2%
46 XOM 0.34% 10,799 $1M $112.75 $433K +3,519 +48.3%
47 ABBV 0.34% 5,140 $1M $231.55 $266K +160 +3.2%
48 JNJ 0.33% 6,381 $1M $185.41 $207K -6 -0.1%
49 PNFP 0.33% 12,443 $1M $93.79 -$207K
50 DIA 0.31% 2,377 $1M $463.79 $56K +3 +0.1%
51 BN 0.31% 15,981 $1M $68.58 $66K -678 -4.1%
52 ACN 0.30% 4,338 $1M $246.60 -$182K +150 +3.6%
53 VXUS 0.30% 14,511 $1M $73.46 $356K +4,231 +41.2%
54 PEP 0.30% 7,502 $1M $140.45 $77K +107 +1.4%
55 LIN 0.29% 2,189 $1M $474.90 $38K +54 +2.5%
56 PG 0.27% 6,313 $970K $153.65 -$34K +10 +0.2%
57 GOOGL 0.27% 3,985 $969K $243.10 $319K +299 +8.1%
58 CPRT 0.27% 21,274 $957K $44.97 -$116K -581 -2.7%
59 LRN 0.27% 6,419 $956K $148.94 $50K +177 +2.8%
60 VBK 0.26% 3,143 $935K $297.58 $39K -93 -2.9%
61 CIFR 0.26% 73,004 $919K $12.59 $570K +70 +0.1%
62 TSM 0.26% 3,284 $917K $279.29 +3,284 NEW
63 WDAY 0.26% 3,775 $909K $240.73 $29K +111 +3.0%
64 GPIX 0.24% 16,570 $865K $52.23 +16,570 NEW
65 CRM 0.24% 3,643 $863K $237.00 -$123K +27 +0.8%
66 PRTA 0.24% 88,339 $862K $9.76 $326K
67 0HTC.L 0.24% 22,030 $859K $38.97 $349K +200 +0.9%
68 VIGI 0.24% 9,581 $858K $89.57 -$24K -203 -2.1%
69 GS 0.24% 1,069 $851K $796.01 $84K -14 -1.3%
70 PLTR 0.24% 4,641 $847K $182.44 $262K +350 +8.2%
71 ORCL 0.24% 2,976 $837K $281.20 $177K -43 -1.4%
72 DE 0.22% 1,684 $770K $457.26 -$91K -8 -0.5%
73 TMUS 0.22% 3,190 $764K $239.36 $138K +565 +21.5%
74 NEM 0.21% 9,013 $760K $84.31 +9,013 NEW
75 IGHG 0.21% 9,546 $754K $79.00 $6K
76 PHM 0.21% 5,667 $749K $132.14 -$179K -3,135 -35.6%
77 VICI 0.21% 22,868 $746K $32.61 $31K +934 +4.3%
78 AMGN 0.21% 2,626 $741K $282.17 $9K +4 +0.1%
79 CGMU 0.21% 26,955 $736K $27.29 +26,955 NEW
80 AMD 0.20% 4,414 $714K $161.79 $104K +117 +2.7%
81 IBM 0.20% 2,480 $700K $282.16 -$146K -388 -13.5%
82 RSP 0.19% 3,643 $691K $189.68 -$64K -512 -12.3%
83 BOND 0.19% 7,086 $661K $93.35 -$30K -418 -5.6%
84 BIL 0.18% 6,979 $640K $91.75 $165K +1,792 +34.5%
85 ABT 0.17% 4,604 $617K $133.94 -$14K -31 -0.7%
86 MRK 0.17% 7,316 $614K $83.93 $42K +90 +1.2%
87 EFA 0.17% 6,538 $610K $93.37 $3K -260 -3.8%
88 NOC 0.17% 1,000 $609K $609.32 $109K
89 AVGO 0.17% 1,816 $599K $329.84 $10K -319 -14.9%
90 JPM 0.17% 1,888 $596K $315.42 $45K -9 -0.5%
91 AVNM 0.17% 8,362 $590K $70.60 +8,362 NEW
92 RRBI 0.17% 9,050 $587K $64.82 $55K
93 TFC 0.16% 12,773 $584K $45.72 $25K -235 -1.8%
94 MNA 0.16% 16,060 $577K $35.90 -$10K -566 -3.4%
95 BSY 0.16% 11,192 $576K $51.48 -$12K +286 +2.6%
96 META 0.16% 784 $576K $734.81 -$3K
97 WM 0.16% 2,520 $556K $220.83 -$20K
98 GD 0.15% 1,600 $546K $341.00 $79K
99 DHR 0.15% 2,733 $542K $198.24 $46K +223 +8.9%
100 ITA 0.15% 2,534 $530K $209.22 $52K +1 +0.0%

New Positions

SymbolValue% Port
IUSV $21M 5.85%
TSM $917K 0.26%
GPIX $865K 0.24%
NEM $760K 0.21%
CGMU $736K 0.21%
AVNM $590K 0.17%
CGIE $398K 0.11%
XRN $332K 0.09%
GLW $284K 0.08%
JPST $210K 0.06%
CAT $209K 0.06%
ET $181K 0.05%
NDMO $154K 0.04%

Sold Out Positions

SymbolValue% Port
SE —%
ROK —%
TMO —%
MMM —%
PRU —%
USFD —%
PGR —%
EMXC —%
CIBR —%
MPWR —%
KLAC —%
ESGU —%
CLOA —%
MBB —%
IAGG —%
View SEC EDGAR Filings for Duncan Williams Asset Management, LLC →

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