HERITAGE WEALTH ADVISORS

PrivateCIK: 1591122

Location

RICHMOND, VA

703

Positions

$2.91B

Total AUM (reported)

23.94M

Total Shares

Allocation by class

ETF$1.75B60.0%

COM$852.24M29.3%

UT$142.12M4.9%

CAP STK CL C$81.55M2.8%

CL B$50.11M1.7%

COM UT LTD PTN$12.73M0.4%

CAP STK CL A$10.98M0.4%

Portfolio Concentration

Top 3$1.35B46.5%

4–10$604.55M20.7%

11–25$601.54M20.6%

Rest$353.44M12.1%

Top 3 weight

46.5%

Top 10 weight

67.2%

Voting Authority Distribution

Total shares with voting rights: 23.94M

Sole

Full voting authority

12.29M

% of voting shares51.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

11.65M

% of voting shares48.7%

Investment Discretion (by position count)

Sole703

Shared0

Other0

Dominant voting typeSole · 51.3% of voting shares

Institutional Holdings703

Rows:

IShares S&P 500 Index

SOLE

ETF

Shares752.08K

TypeSH

Market value$563.22M

19.33%

Sole

638.13K

Shared

0.00

None

113.95K

Invesco S&P 500 Quality ETF

SOLE

ETF

Shares4.98M

TypeSH

Market value$448.59M

15.40%

Sole

3.11M

Shared

0.00

None

1.87M

iShares Core MSCI EAFE

SOLE

ETF

Shares3.54M

TypeSH

Market value$342.27M

11.75%

Sole

2.15M

Shared

0.00

None

1.39M

Sprott Physical Gold Trust Unit

SOLE

Shares4.71M

TypeSH

Market value$142.00M

4.87%

Sole

2.84M

Shared

0.00

None

1.87M

iShares Core MSCI Emerging Markets ETF

SOLE

ETF

Shares1.16M

TypeSH

Market value$96.08M

3.30%

Sole

635.81K

Shared

0.00

None

524K

iShares Russell Midcap Value

SOLE

ETF

Shares534.46K

TypeSH

Market value$87.97M

3.02%

Sole

319.24K

Shared

0.00

None

215.21K

Alphabet Inc. Class C

SOLE

CAP STK CL C

Shares230.79K

TypeSH

Market value$81.55M

2.80%

Sole

73.33K

Shared

0.00

None

157.46K

Apple Inc.

SOLE

COM

Shares240.90K

TypeSH

Market value$69.71M

2.39%

Sole

89.37K

Shared

0.00

None

151.52K

Microsoft Corp

SOLE

COM

Shares174.47K

TypeSH

Market value$65.08M

2.23%

Sole

69.22K

Shared

0.00

None

105.24K

Johnson & Johnson

SOLE

COM

Shares244.80K

TypeSH

Market value$62.17M

2.13%

Sole

94.46K

Shared

0.00

None

150.34K

RTX Corporation

SOLE

COM

Shares312.80K

TypeSH

Market value$59.35M

2.04%

Sole

113.51K

Shared

0.00

None

199.29K

Brookfield Corporation

SOLE

COM

Shares1.24M

TypeSH

Market value$52.92M

1.82%

Sole

468.24K

Shared

0.00

None

774.30K

Berkshire Hathaway Cl B

SOLE

CL B

Shares98.73K

TypeSH

Market value$49.40M

1.70%

Sole

35.44K

Shared

0.00

None

63.29K

Amazon Com Inc

SOLE

COM

Shares197.15K

TypeSH

Market value$46.99M

1.61%

Sole

72.64K

Shared

0.00

None

124.50K

Mastercard Inc

SOLE

COM

Shares88.92K

TypeSH

Market value$45.67M

1.57%

Sole

35.16K

Shared

0.00

None

53.76K

Walmart Inc.

SOLE

COM

Shares375.06K

TypeSH

Market value$42.48M

1.46%

Sole

134.03K

Shared

0.00

None

241.03K

Jpmorgan Chase & Co

SOLE

COM

Shares123.14K

TypeSH

Market value$40.31M

1.38%

Sole

46.66K

Shared

0.00

None

76.48K

iShares Core S&P Total US Stock Mkt

SOLE

ETF

Shares244.09K

TypeSH

Market value$40.10M

1.38%

Sole

13.73K

Shared

0.00

None

230.36K

Conocophillips

SOLE

COM

Shares382.67K

TypeSH

Market value$39.78M

1.37%

Sole

161.24K

Shared

0.00

None

221.42K

Progressive Corp Ohio

SOLE

COM

Shares169.96K

TypeSH

Market value$37.13M

1.27%

Sole

69.67K

Shared

0.00

None

100.29K

Union Pacific Corp

SOLE

COM

Shares129.83K

TypeSH

Market value$35.31M

1.21%

Sole

52.62K

Shared

0.00

None

77.21K

Duke Energy New

SOLE

COM

Shares251.43K

TypeSH

Market value$31.83M

1.09%

Sole

105.51K

Shared

0.00

None

145.92K

Home Depot Inc

SOLE

COM

Shares81.95K

TypeSH

Market value$28.90M

0.99%

Sole

31.52K

Shared

0.00

None

50.43K

Vanguard Total World Stock ETF

SOLE

ETF

Shares164.56K

TypeSH

Market value$25.83M

0.89%

Sole

108.58K

Shared

0.00

None

55.98K

Vanguard 500 ETF

SOLE

ETF

Shares37.21K

TypeSH

Market value$25.55M

0.88%

Sole

1.03K

Shared

0.00

None

36.17K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
IShares S&P 500 IndexSOLE	ETF	752.08K	SH	$563.22M 19.33%	638.13K	113.95K
Invesco S&P 500 Quality ETFSOLE	ETF	4.98M	SH	$448.59M 15.40%	3.11M	1.87M
iShares Core MSCI EAFESOLE	ETF	3.54M	SH	$342.27M 11.75%	2.15M	1.39M
Sprott Physical Gold Trust UnitSOLE	UT	4.71M	SH	$142.00M 4.87%	2.84M	1.87M
iShares Core MSCI Emerging Markets ETFSOLE	ETF	1.16M	SH	$96.08M 3.30%	635.81K	524K
iShares Russell Midcap ValueSOLE	ETF	534.46K	SH	$87.97M 3.02%	319.24K	215.21K
Alphabet Inc. Class CSOLE	CAP STK CL C	230.79K	SH	$81.55M 2.80%	73.33K	157.46K
Apple Inc.SOLE	COM	240.90K	SH	$69.71M 2.39%	89.37K	151.52K
Microsoft CorpSOLE	COM	174.47K	SH	$65.08M 2.23%	69.22K	105.24K
Johnson & JohnsonSOLE	COM	244.80K	SH	$62.17M 2.13%	94.46K	150.34K
RTX CorporationSOLE	COM	312.80K	SH	$59.35M 2.04%	113.51K	199.29K
Brookfield CorporationSOLE	COM	1.24M	SH	$52.92M 1.82%	468.24K	774.30K
Berkshire Hathaway Cl BSOLE	CL B	98.73K	SH	$49.40M 1.70%	35.44K	63.29K
Amazon Com IncSOLE	COM	197.15K	SH	$46.99M 1.61%	72.64K	124.50K
Mastercard IncSOLE	COM	88.92K	SH	$45.67M 1.57%	35.16K	53.76K
Walmart Inc.SOLE	COM	375.06K	SH	$42.48M 1.46%	134.03K	241.03K
Jpmorgan Chase & CoSOLE	COM	123.14K	SH	$40.31M 1.38%	46.66K	76.48K
iShares Core S&P Total US Stock MktSOLE	ETF	244.09K	SH	$40.10M 1.38%	13.73K	230.36K
ConocophillipsSOLE	COM	382.67K	SH	$39.78M 1.37%	161.24K	221.42K
Progressive Corp OhioSOLE	COM	169.96K	SH	$37.13M 1.27%	69.67K	100.29K
Union Pacific CorpSOLE	COM	129.83K	SH	$35.31M 1.21%	52.62K	77.21K
Duke Energy NewSOLE	COM	251.43K	SH	$31.83M 1.09%	105.51K	145.92K
Home Depot IncSOLE	COM	81.95K	SH	$28.90M 0.99%	31.52K	50.43K
Vanguard Total World Stock ETFSOLE	ETF	164.56K	SH	$25.83M 0.89%	108.58K	55.98K
Vanguard 500 ETFSOLE	ETF	37.21K	SH	$25.55M 0.88%	1.03K	36.17K

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