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Asset Manager ← All Institutions

Duncan Williams Asset Management, LLC

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

Q4 2025 · Filed 2026-02-05
Market Value
$401M
+12.9%
Holdings
177
-85
New Purchases
16
Added To
71
Closed
10
Reduced
63
Top 10 Concentration
54.2%
Turnover
14.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVNM 5.54% 0.17% +5.38% $22M
IUSV 7.29% 5.85% +1.44% $29M
VEA 3.03% 2.17% +0.86% $12M
LLY 0.36% 0.08% +0.28% $1M
FDX 1.06% 0.78% +0.27% $4M
JAAA 0.19% 0.00% +0.19% $776K
GOOG 1.12% 0.94% +0.18% $4M
MELI 0.16% 0.00% +0.16% $632K
VTI 0.15% 0.00% +0.15% $589K
ASML 0.25% 0.10% +0.14% $995K
XMHQ 1.06% 0.93% +0.13% $4M
TSM 0.39% 0.26% +0.13% $2M
VYMI 0.96% 0.84% +0.12% $4M
VXUS 0.39% 0.30% +0.09% $2M
VGVT 0.08% 0.00% +0.08% $334K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VUG 12.02% 13.71% -1.69% $48M
SCHD 2.21% 3.59% -1.38% $9M
MSFT 1.84% 2.74% -0.90% $7M
AZO 1.12% 1.47% -0.34% $4M
PNFP 0.00% 0.33% -0.33% $0
QQQ 1.73% 2.06% -0.32% $7M
LRN 0.00% 0.27% -0.27% $0
DGRW 12.03% 12.29% -0.26% $48M
0HTC.L 0.00% 0.24% -0.24% $0
BRK-B 1.84% 2.08% -0.24% $7M
PEP 0.06% 0.30% -0.24% $229K
PHM 0.00% 0.21% -0.21% $0
AAPL 3.81% 4.00% -0.19% $15M
BIL 0.00% 0.18% -0.18% $0
MA 0.92% 1.09% -0.17% $4M

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 50 $175M 43.7%
Large Cap 84 $167M 41.7%
Mid Cap 21 $15M 3.8%
Small Cap 14 $41M 10.2%
Micro Cap 8 $3M 0.7%

Portfolio Analytics

Avg Market Cap
$327.7B
Median Market Cap
$60.6B
Avg P/E
34.7
Median P/E
24.8
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
111
# ETFs / Funds
66

Top Holdings (177 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 DGRW 12.03% 523,234 $48M $92.11 $5M +32,967 +6.7%
2 VUG 12.02% 102,995 $48M $467.37 -$495K +1,596 +1.6%
3 IUSV 7.29% 272,824 $29M $107.09 $8M +65,030 +31.3%
4 AVNM 5.54% 280,261 $22M $79.26 $22M +271,899 +3251.6%
5 AAPL 3.81% 55,201 $15M $276.49 $1M -581 -1.0%
6 GSSC 3.08% 155,976 $12M $79.00 $1M +7,567 +5.1%
7 VEA 3.03% 181,890 $12M $66.80 $4M +53,209 +41.4%
8 VOO 2.60% 16,485 $10M $630.89 $652K +567 +3.6%
9 VTV 2.55% 50,079 $10M $203.60 $1M +2,653 +5.6%
10 FHN 2.21% 343,772 $9M $25.77 $757K -14,575 -4.1%
11 SCHD 2.21% 285,319 $9M $31.01 -$4M -180,791 -38.8%
12 VWO 1.85% 131,513 $7M $56.41 $1M +15,273 +13.1%
13 BRK-B 1.84% 14,611 $7M $503.83 -$9K -50 -0.3%
14 MSFT 1.84% 17,757 $7M $414.18 -$2M -993 -5.3%
15 VB 1.81% 26,621 $7M $272.17 $834K +1,407 +5.6%
16 QQQ 1.73% 11,451 $7M $605.73 -$359K -700 -5.8%
17 AMZN 1.41% 24,269 $6M $232.99 $297K -130 -0.5%
18 AZO 1.12% 1,207 $4M $3,720.50 -$709K -5 -0.4%
19 GOOG 1.12% 13,419 $4M $333.35 $1M -246 -1.8%
20 XMHQ 1.06% 39,778 $4M $107.25 $962K +8,300 +26.4%
21 FDX 1.06% 11,707 $4M $362.55 $1M -100 -0.8%
22 VYMI 0.96% 39,591 $4M $97.47 $864K +4,220 +11.9%
23 VO 0.95% 12,780 $4M $298.06 $300K +833 +7.0%
24 MA 0.92% 6,659 $4M $553.52 -$181K -140 -2.1%
25 SPY 0.90% 5,279 $4M $686.24 $169K +95 +1.8%
26 WMT 0.82% 25,519 $3M $128.00 $467K -1,646 -6.1%
27 V 0.79% 9,596 $3M $329.95 -$211K -296 -3.0%
28 RF 0.68% 88,883 $3M $30.44 $362K -7 -0.0%
29 CSM 0.63% 31,712 $3M $79.02 $120K +550 +1.8%
30 VIG 0.62% 10,946 $2M $226.54 $136K +86 +0.8%
31 VONG 0.43% 14,679 $2M $116.75 -$40K +121 +0.8%
32 VXUS 0.39% 19,559 $2M $80.25 $504K +5,048 +34.8%
33 TSM 0.39% 4,799 $2M $325.75 $646K +1,515 +46.1%
34 COST 0.38% 1,570 $2M $978.29 $174K +98 +6.7%
35 EGP 0.38% 8,300 $2M $183.13 $115K
36 JNJ 0.37% 6,385 $1M $234.49 $314K +4 +0.1%
37 LLY 0.36% 1,299 $1M $1,107.48 $1M +916 +239.2%
38 EFG 0.35% 11,971 $1M $118.00 $17K -280 -2.3%
39 MUNI 0.35% 26,550 $1M $52.80 $107K +1,786 +7.2%
40 CGXU 0.34% 44,192 $1M $31.14 -$4K -2,394 -5.1%
41 GOOGL 0.34% 4,129 $1M $333.01 $406K +144 +3.6%
42 TSLA 0.33% 3,268 $1M $406.01 $6K +298 +10.0%
43 MPC 0.32% 6,552 $1M $195.93 -$183K -1,060 -13.9%
44 IWP 0.31% 9,358 $1M $133.06 -$91K -28 -0.3%
45 UNH 0.30% 4,340 $1M $275.92 -$310K -27 -0.6%
46 DIA 0.29% 2,382 $1M $494.85 $76K +5 +0.2%
47 RMD 0.29% 4,451 $1M $263.04 -$132K -309 -6.5%
48 HD 0.29% 3,004 $1M $387.26 -$100K -113 -3.6%
49 NVDA 0.29% 6,655 $1M $174.18 -$65K +93 +1.4%
50 FTNT 0.29% 14,211 $1M $81.12 -$116K -882 -5.8%
51 ABBV 0.27% 5,016 $1M $217.12 -$101K -124 -2.4%
52 XOM 0.27% 7,326 $1M $147.60 -$136K -3,473 -32.2%
53 ACN 0.27% 4,463 $1M $241.67 $9K +125 +2.9%
54 NEM 0.26% 9,027 $1M $116.85 $295K +14 +0.2%
55 PDI 0.26% 56,124 $1M $18.45 -$242K -8,403 -13.0%
56 CGMU 0.26% 36,975 $1M $27.63 $286K +10,020 +37.2%
57 KKR 0.25% 9,749 $1M $104.77 -$344K -758 -7.2%
58 CRM 0.25% 5,067 $1M $199.43 $147K +1,424 +39.1%
59 GPIX 0.25% 19,185 $1M $52.48 $141K +2,615 +15.8%
60 ASML 0.25% 743 $995K $1,339.13 $624K +360 +94.0%
61 GS 0.24% 1,073 $980K $913.62 $129K +4 +0.4%
62 LIN 0.24% 2,065 $977K $473.25 -$62K -124 -5.7%
63 PG 0.24% 6,174 $969K $156.87 -$1K -139 -2.2%
64 AMGN 0.24% 2,629 $963K $366.16 $222K +3 +0.1%
65 DE 0.24% 1,684 $955K $567.26 $185K
66 VBK 0.23% 3,030 $939K $309.85 $4K -113 -3.6%
67 BN 0.23% 20,122 $923K $45.88 -$173K +4,141 +25.9%
68 AMD 0.22% 4,324 $866K $200.19 $151K -90 -2.0%
69 CIFR 0.22% 60,504 $862K $14.25 -$57K -12,500 -17.1%
70 MRK 0.21% 7,274 $861K $118.33 $247K -42 -0.6%
71 RRBI 0.20% 9,050 $818K $90.35 $231K
72 IBM 0.20% 2,760 $798K $289.10 $98K +280 +11.3%
73 CPRT 0.20% 19,702 $791K $40.16 -$165K -1,572 -7.4%
74 VIGI 0.20% 8,491 $790K $93.08 -$68K -1,090 -11.4%
75 JAAA 0.19% 15,312 $776K $50.69 +15,312 NEW
76 RSP 0.19% 3,705 $742K $200.32 $51K +62 +1.7%
77 WDAY 0.18% 4,338 $738K $170.15 -$171K +563 +14.9%
78 BOND 0.18% 7,777 $723K $93.01 $62K +691 +9.8%
79 TFC 0.18% 12,803 $706K $55.11 $122K +30 +0.2%
80 NOC 0.17% 1,000 $690K $689.75 $80K
81 EFA 0.17% 6,584 $670K $101.78 $60K +46 +0.7%
82 IGHG 0.16% 8,266 $649K $78.48 -$105K -1,280 -13.4%
83 VICI 0.16% 22,123 $638K $28.85 -$107K -745 -3.3%
84 MELI 0.16% 308 $632K $2,052.78 +308 NEW
85 PRTA 0.16% 70,281 $625K $8.89 -$237K -18,058 -20.4%
86 DHR 0.15% 2,758 $605K $219.53 $64K +25 +0.9%
87 JPM 0.15% 1,895 $601K $317.32 $6K +7 +0.4%
88 PLTR 0.15% 4,293 $599K $139.55 -$248K -348 -7.5%
89 TMUS 0.15% 2,922 $590K $201.80 -$174K -268 -8.4%
90 VTI 0.15% 1,742 $589K $338.28 +1,742 NEW
91 ITA 0.14% 2,536 $578K $227.96 $48K +2 +0.1%
92 META 0.14% 863 $577K $669.17 $1K +79 +10.1%
93 WM 0.14% 2,520 $571K $226.43 $14K
94 GD 0.14% 1,600 $565K $353.37 $20K
95 MNA 0.14% 15,286 $551K $36.06 -$25K -774 -4.8%
96 AVGO 0.14% 1,765 $544K $308.03 -$55K -51 -2.8%
97 HYZD 0.13% 23,387 $528K $22.60 $3K -4 -0.0%
98 MGV 0.13% 3,354 $506K $150.92 $956 -314 -8.6%
99 NVTS 0.12% 60,000 $492K $8.20 $59K
100 ABT 0.12% 4,458 $482K $108.21 -$134K -146 -3.2%

New Positions

SymbolValue% Port
JAAA $776K 0.19%
MELI $632K 0.16%
VTI $589K 0.15%
VGVT $334K 0.08%
HBAN $321K 0.08%
FLMI $316K 0.08%
ANAB $316K 0.08%
TVRD $312K 0.08%
REGL $269K 0.07%
CGDV $235K 0.06%
CSX $209K 0.05%
IWS $201K 0.05%
ADM $201K 0.05%
RLAY $100K 0.02%
AVR $61K 0.02%

Sold Out Positions

SymbolValue% Port
LRN —%
PNFP —%
NDMO —%
PHM —%
MSTR —%
IBIT —%
JPST —%
BSY —%
BIL —%
0HTC.L —%
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