Filed: 11/12/2025ACC: 0001765380-25-000483
📋 What this filing means
DUNCAN WILLIAMS ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 164 equity positions with a total reported market value of $355.41M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
164
Positions
$355.41M
Total AUM (reported)
3.78M
Total Shares
Allocation by class
ETF$225.86M63.5%
STOCK$123.27M34.7%
REIT$3.53M1.0%
CEF$1.43M0.4%
ADR$1.30M0.4%
CONVERTIBLE$25.0K0.0%
Portfolio Concentration
Top 3$113.02M31.8%
4–10$74.45M20.9%
11–25$72.28M20.3%
Rest$95.67M26.9%
Top 3 weight
31.8%
Top 10 weight
52.7%
Voting Authority Distribution
Total shares with voting rights: 3.78M
Sole
Full voting authority
4.63K
shares
% of voting shares0.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.78M
shares
% of voting shares99.9%
Investment Discretion (by position count)
Sole164
Shared0
Other0
Dominant voting typeNone · 99.9% of voting shares
Institutional Holdings164
Rows:
VANGUARD GROWTH ETF
SOLEShares101.40K
TypeSH
Market value$48.63M
13.68%
Sole
0.00
Shared
0.00
None
101.40K
WISDOMTREE US QUALITY DIVIDEND GROWTH FUND
SOLEShares490.27K
TypeSH
Market value$43.61M
12.27%
Sole
1.09K
Shared
0.00
None
489.18K
ISHARES CORE S&P US VALUE ETF
SOLEShares207.79K
TypeSH
Market value$20.77M
5.84%
Sole
0.00
Shared
0.00
None
207.79K
APPLE INC
SOLEShares55.78K
TypeSH
Market value$14.20M
4.00%
Sole
0.00
Shared
0.00
None
55.78K
SCHWAB US DIVIDEND EQUITY ETF
SOLEShares466.11K
TypeSH
Market value$12.72M
3.58%
Sole
0.00
Shared
0.00
None
466.11K
TR ACTIVEBETA US SMALL CAP EQUITY ETF
SOLEShares148.41K
TypeSH
Market value$11.11M
3.13%
Sole
0.00
Shared
0.00
None
148.41K
VANGUARD S&P 500 ETF
SOLEShares15.92K
TypeSH
Market value$9.75M
2.74%
Sole
0.00
Shared
0.00
None
15.92K
MICROSOFT
SOLEShares18.75K
TypeSH
Market value$9.71M
2.73%
Sole
44.00
Shared
0.00
None
18.70K
VANGUARD VALUE ETF
SOLEShares47.43K
TypeSH
Market value$8.84M
2.49%
Sole
0.00
Shared
0.00
None
47.42K
FIRST HORIZON CORPORATION COM
SOLEShares358.35K
TypeSH
Market value$8.10M
2.28%
Sole
707.00
Shared
0.00
None
357.64K
VANGUARD FTSE DEVELOPED MARKETS ETF
SOLEShares128.68K
TypeSH
Market value$7.71M
2.17%
Sole
0.00
Shared
0.00
None
128.68K
BERKSHIRE HATHAWAY INC DEL CL B NEW
SOLEShares14.66K
TypeSH
Market value$7.37M
2.07%
Sole
0.00
Shared
0.00
None
14.66K
POWERSHARES QQQ TR
SOLEShares12.15K
TypeSH
Market value$7.29M
2.05%
Sole
0.00
Shared
0.00
None
12.15K
VANGUARD SMALL-CAP ETF
SOLEShares25.21K
TypeSH
Market value$6.41M
1.80%
Sole
0.00
Shared
0.00
None
25.21K
VANGUARD FTSE EMERGING MARKETS ETF
SOLEShares116.24K
TypeSH
Market value$6.30M
1.77%
Sole
0.00
Shared
0.00
None
116.24K
AMAZON.COM INC
SOLEShares24.40K
TypeSH
Market value$5.36M
1.51%
Sole
0.00
Shared
0.00
None
24.40K
AUTOZONE INC NEV
SOLEShares1.21K
TypeSH
Market value$5.20M
1.46%
Sole
0.00
Shared
0.00
None
1.21K
MASTERCARD INC
SOLEShares6.80K
TypeSH
Market value$3.87M
1.09%
Sole
0.00
Shared
0.00
None
6.80K
VANGUARD MID-CAP ETF
SOLEShares11.95K
TypeSH
Market value$3.51M
0.99%
Sole
0.00
Shared
0.00
None
11.95K
SPDR S&P 500 ETF TRUST
SOLEShares5.18K
TypeSH
Market value$3.45M
0.97%
Sole
0.00
Shared
0.00
None
5.18K
VISA INC
SOLEShares9.89K
TypeSH
Market value$3.38M
0.95%
Sole
0.00
Shared
0.00
None
9.89K
ALPHABET INC CAP STK CL C
SOLEShares13.66K
TypeSH
Market value$3.33M
0.94%
Sole
0.00
Shared
0.00
None
13.66K
INVESCO S&P MIDCAP QUALITY ETF
SOLEShares31.48K
TypeSH
Market value$3.30M
0.93%
Sole
0.00
Shared
0.00
None
31.48K
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF
SOLEShares35.37K
TypeSH
Market value$3.00M
0.84%
Sole
0.00
Shared
0.00
None
35.37K
WALMART INC COM
SOLEShares27.16K
TypeSH
Market value$2.80M
0.79%
Sole
0.00
Shared
0.00
None
27.16K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD GROWTH ETFSOLE | ETF | 101.40K | SH | $48.63M 13.68% | 0.00 | 0.00 | 101.40K |
WISDOMTREE US QUALITY DIVIDEND GROWTH FUNDSOLE | ETF | 490.27K | SH | $43.61M 12.27% | 1.09K | 0.00 | 489.18K |
ISHARES CORE S&P US VALUE ETFSOLE | ETF | 207.79K | SH | $20.77M 5.84% | 0.00 | 0.00 | 207.79K |
APPLE INCSOLE | Stock | 55.78K | SH | $14.20M 4.00% | 0.00 | 0.00 | 55.78K |
SCHWAB US DIVIDEND EQUITY ETFSOLE | ETF | 466.11K | SH | $12.72M 3.58% | 0.00 | 0.00 | 466.11K |
TR ACTIVEBETA US SMALL CAP EQUITY ETFSOLE | ETF | 148.41K | SH | $11.11M 3.13% | 0.00 | 0.00 | 148.41K |
VANGUARD S&P 500 ETFSOLE | ETF | 15.92K | SH | $9.75M 2.74% | 0.00 | 0.00 | 15.92K |
MICROSOFTSOLE | Stock | 18.75K | SH | $9.71M 2.73% | 44.00 | 0.00 | 18.70K |
VANGUARD VALUE ETFSOLE | ETF | 47.43K | SH | $8.84M 2.49% | 0.00 | 0.00 | 47.42K |
FIRST HORIZON CORPORATION COMSOLE | Stock | 358.35K | SH | $8.10M 2.28% | 707.00 | 0.00 | 357.64K |
VANGUARD FTSE DEVELOPED MARKETS ETFSOLE | ETF | 128.68K | SH | $7.71M 2.17% | 0.00 | 0.00 | 128.68K |
BERKSHIRE HATHAWAY INC DEL CL B NEWSOLE | Stock | 14.66K | SH | $7.37M 2.07% | 0.00 | 0.00 | 14.66K |
POWERSHARES QQQ TRSOLE | ETF | 12.15K | SH | $7.29M 2.05% | 0.00 | 0.00 | 12.15K |
VANGUARD SMALL-CAP ETFSOLE | ETF | 25.21K | SH | $6.41M 1.80% | 0.00 | 0.00 | 25.21K |
VANGUARD FTSE EMERGING MARKETS ETFSOLE | ETF | 116.24K | SH | $6.30M 1.77% | 0.00 | 0.00 | 116.24K |
AMAZON.COM INCSOLE | Stock | 24.40K | SH | $5.36M 1.51% | 0.00 | 0.00 | 24.40K |
AUTOZONE INC NEVSOLE | Stock | 1.21K | SH | $5.20M 1.46% | 0.00 | 0.00 | 1.21K |
MASTERCARD INCSOLE | Stock | 6.80K | SH | $3.87M 1.09% | 0.00 | 0.00 | 6.80K |
VANGUARD MID-CAP ETFSOLE | ETF | 11.95K | SH | $3.51M 0.99% | 0.00 | 0.00 | 11.95K |
SPDR S&P 500 ETF TRUSTSOLE | ETF | 5.18K | SH | $3.45M 0.97% | 0.00 | 0.00 | 5.18K |
VISA INCSOLE | Stock | 9.89K | SH | $3.38M 0.95% | 0.00 | 0.00 | 9.89K |
ALPHABET INC CAP STK CL CSOLE | Stock | 13.66K | SH | $3.33M 0.94% | 0.00 | 0.00 | 13.66K |
INVESCO S&P MIDCAP QUALITY ETFSOLE | ETF | 31.48K | SH | $3.30M 0.93% | 0.00 | 0.00 | 31.48K |
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFSOLE | ETF | 35.37K | SH | $3.00M 0.84% | 0.00 | 0.00 | 35.37K |
WALMART INC COMSOLE | Stock | 27.16K | SH | $2.80M 0.79% | 0.00 | 0.00 | 27.16K |
Page 1 of 7
…