DUNCAN WILLIAMS ASSET MANAGEMENT, LLC

Filed: 7/22/2026ACC: 0001765380-26-000224

📋 What this filing means

DUNCAN WILLIAMS ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 172 equity positions with a total reported market value of $443.61M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

172

Positions

$443.61M

Total AUM (reported)

5.11M

Total Shares

Allocation by class

ETF$311.98M70.3%

STOCK$123.57M27.9%

ADR$3.83M0.9%

REIT$3.07M0.7%

CEF$1.14M0.3%

CONVERTIBLE$25.3K0.0%

Portfolio Concentration

Top 3$134.49M30.3%

4–10$118.27M26.7%

11–25$82.05M18.5%

Rest$108.80M24.5%

Top 3 weight

30.3%

Top 10 weight

57.0%

Voting Authority Distribution

Total shares with voting rights: 5.11M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.11M

% of voting shares100.0%

Investment Discretion (by position count)

Sole172

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings172

Rows:

VANGUARD GROWTH ETF

SOLE

ETF

Shares607.78K

TypeSH

Market value$52.35M

11.80%

Sole

0.00

Shared

0.00

None

607.77K

WISDOMTREE US QUALITY DIVIDEND GROWTH FUND

SOLE

ETF

Shares533.74K

TypeSH

Market value$51.04M

11.50%

Sole

0.00

Shared

0.00

None

533.74K

ISHARES CORE S&P US VALUE ETF

SOLE

ETF

Shares282.32K

TypeSH

Market value$31.10M

7.01%

Sole

0.00

Shared

0.00

None

282.32K

AVANTIS ALL INTERNATIONAL MARKETS EQUITY ETF

SOLE

ETF

Shares361.18K

TypeSH

Market value$29.75M

6.71%

Sole

0.00

Shared

0.00

None

361.18K

FIDELITY ENHANCED MID CAP CORE ETF

SOLE

ETF

Shares533.93K

TypeSH

Market value$21.67M

4.88%

Sole

0.00

Shared

0.00

None

533.93K

APPLE INC

SOLE

Stock

Shares59.69K

TypeSH

Market value$17.27M

3.89%

Sole

0.00

Shared

0.00

None

59.69K

TR ACTIVEBETA US SMALL CAP EQUITY ETF

SOLE

ETF

Shares157.61K

TypeSH

Market value$14.38M

3.24%

Sole

0.00

Shared

0.00

None

157.61K

VANGUARD FTSE DEVELOPED MARKETS ETF

SOLE

ETF

Shares189.40K

TypeSH

Market value$13.49M

3.04%

Sole

0.00

Shared

0.00

None

189.40K

VANGUARD VALUE ETF

SOLE

ETF

Shares49.85K

TypeSH

Market value$10.86M

2.45%

Sole

0.00

Shared

0.00

None

49.85K

VANGUARD S&P 500 ETF

SOLE

ETF

Shares15.78K

TypeSH

Market value$10.84M

2.44%

Sole

0.00

Shared

0.00

None

15.78K

SCHWAB US DIVIDEND EQUITY ETF

SOLE

ETF

Shares317.24K

TypeSH

Market value$10.06M

2.27%

Sole

0.00

Shared

0.00

None

317.24K

VANGUARD FTSE EMERGING MARKETS ETF

SOLE

ETF

Shares137.68K

TypeSH

Market value$8.22M

1.85%

Sole

0.00

Shared

0.00

None

137.68K

VANGUARD SMALL-CAP ETF

SOLE

ETF

Shares27.07K

TypeSH

Market value$8.20M

1.85%

Sole

0.00

Shared

0.00

None

27.07K

BERKSHIRE HATHAWAY INC DEL CL B NEW

SOLE

Stock

Shares14.49K

TypeSH

Market value$7.25M

1.63%

Sole

0.00

Shared

0.00

None

14.49K

MICROSOFT

SOLE

Stock

Shares17.24K

TypeSH

Market value$6.43M

1.45%

Sole

0.00

Shared

0.00

None

17.24K

AMAZON.COM INC

SOLE

Stock

Shares23.62K

TypeSH

Market value$5.63M

1.27%

Sole

0.00

Shared

0.00

None

23.62K

FIRST HORIZON CORPORATION COM

SOLE

Stock

Shares214.50K

TypeSH

Market value$5.50M

1.24%

Sole

0.00

Shared

0.00

None

214.50K

VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF

SOLE

ETF

Shares50.04K

TypeSH

Market value$4.91M

1.11%

Sole

0.00

Shared

0.00

None

50.04K

VANGUARD MID-CAP ETF

SOLE

ETF

Shares52.19K

TypeSH

Market value$4.20M

0.95%

Sole

0.00

Shared

0.00

None

52.19K

ALPHABET INC CAP STK CL C

SOLE

Stock

Shares11.34K

TypeSH

Market value$4.01M

0.90%

Sole

0.00

Shared

0.00

None

11.34K

INVESCO S&P MIDCAP QUALITY ETF

SOLE

ETF

Shares33.83K

TypeSH

Market value$3.82M

0.86%

Sole

0.00

Shared

0.00

None

33.83K

AUTOZONE INC NEV

SOLE

Stock

Shares1.19K

TypeSH

Market value$3.82M

0.86%

Sole

0.00

Shared

0.00

None

1.19K

FEDEX CORP

SOLE

Stock

Shares11.41K

TypeSH

Market value$3.57M

0.81%

Sole

0.00

Shared

0.00

None

11.41K

MASTERCARD INC

SOLE

Stock

Shares6.53K

TypeSH

Market value$3.35M

0.76%

Sole

0.00

Shared

0.00

None

6.53K

STATE STREET SPDR S&P 500 ETF

SOLE

ETF

Shares4.11K

TypeSH

Market value$3.07M

0.69%

Sole

0.00

Shared

0.00

None

4.10K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD GROWTH ETFSOLE	ETF	607.78K	SH	$52.35M 11.80%	607.77K
WISDOMTREE US QUALITY DIVIDEND GROWTH FUNDSOLE	ETF	533.74K	SH	$51.04M 11.50%	533.74K
ISHARES CORE S&P US VALUE ETFSOLE	ETF	282.32K	SH	$31.10M 7.01%	282.32K
AVANTIS ALL INTERNATIONAL MARKETS EQUITY ETFSOLE	ETF	361.18K	SH	$29.75M 6.71%	361.18K
FIDELITY ENHANCED MID CAP CORE ETFSOLE	ETF	533.93K	SH	$21.67M 4.88%	533.93K
APPLE INCSOLE	Stock	59.69K	SH	$17.27M 3.89%	59.69K
TR ACTIVEBETA US SMALL CAP EQUITY ETFSOLE	ETF	157.61K	SH	$14.38M 3.24%	157.61K
VANGUARD FTSE DEVELOPED MARKETS ETFSOLE	ETF	189.40K	SH	$13.49M 3.04%	189.40K
VANGUARD VALUE ETFSOLE	ETF	49.85K	SH	$10.86M 2.45%	49.85K
VANGUARD S&P 500 ETFSOLE	ETF	15.78K	SH	$10.84M 2.44%	15.78K
SCHWAB US DIVIDEND EQUITY ETFSOLE	ETF	317.24K	SH	$10.06M 2.27%	317.24K
VANGUARD FTSE EMERGING MARKETS ETFSOLE	ETF	137.68K	SH	$8.22M 1.85%	137.68K
VANGUARD SMALL-CAP ETFSOLE	ETF	27.07K	SH	$8.20M 1.85%	27.07K
BERKSHIRE HATHAWAY INC DEL CL B NEWSOLE	Stock	14.49K	SH	$7.25M 1.63%	14.49K
MICROSOFTSOLE	Stock	17.24K	SH	$6.43M 1.45%	17.24K
AMAZON.COM INCSOLE	Stock	23.62K	SH	$5.63M 1.27%	23.62K
FIRST HORIZON CORPORATION COMSOLE	Stock	214.50K	SH	$5.50M 1.24%	214.50K
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFSOLE	ETF	50.04K	SH	$4.91M 1.11%	50.04K
VANGUARD MID-CAP ETFSOLE	ETF	52.19K	SH	$4.20M 0.95%	52.19K
ALPHABET INC CAP STK CL CSOLE	Stock	11.34K	SH	$4.01M 0.90%	11.34K
INVESCO S&P MIDCAP QUALITY ETFSOLE	ETF	33.83K	SH	$3.82M 0.86%	33.83K
AUTOZONE INC NEVSOLE	Stock	1.19K	SH	$3.82M 0.86%	1.19K
FEDEX CORPSOLE	Stock	11.41K	SH	$3.57M 0.81%	11.41K
MASTERCARD INCSOLE	Stock	6.53K	SH	$3.35M 0.76%	6.53K
STATE STREET SPDR S&P 500 ETFSOLE	ETF	4.11K	SH	$3.07M 0.69%	4.10K

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