Duncan Williams Asset Management, LLC
CIK 2011771 · View on SEC EDGAR ↗
- Portfolio value
- $443.6M
- Positions
- 172
- As of
- June 30, 2026
#4,106 of 9,443 by 13F value · top 43.5%
Portfolio value QoQ: +23.0% 13F does not disclose cash
- Top 10 holdings weight
- 56.98%
- Top 25 holdings weight
- 75.47%
- Positions above 1%
- 18
- Effective number of positions
- 21.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.93% Est. buys $95,311,620 · sells $7,745,444
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 80.0% still held
- New positions
- 24
- Increased
- 68
- Decreased
- 45
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
9.8%
Retail
3.5%
Financials
3.1%
Healthcare
2.8%
Financial Services
2.0%
Communication Services
1.4%
Industrials
1.3%
Logistics & Transportation
0.8%
Real Estate
0.6%
Energy
0.5%
Materials
0.5%
Consumer Discretionary
0.4%
Consumer Staples
0.3%
Consumer products
0.2%
Utilities
0.2%
Telecommunication
0.2%
Communications
0.1%
Other/Unmapped
72.6%
Full portfolio 172 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VUG | $52,353,872 | 11.80% | 607,777 | $9,126,678 | Up ×1 | ||
| DGRW WisdomTree U.S. Quality Dividend Growth Fund | $51,036,252 | 11.50% | 533,740 | $6,433,356 | Up ×1 | ||
| IUSV iShares Core S&P U.S. Value ETF | $31,097,294 | 7.01% | 282,318 | $3,441,686 | Up ×1 | ||
| AVNM | $29,754,348 | 6.71% | 361,184 | $5,845,066 | Up ×3 | ||
| FMDE | $21,666,982 | 4.88% | 533,933 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $17,271,537 | 3.89% | 59,689 | $2,609,778 | Up ×2 | ||
| GSSC | $14,383,674 | 3.24% | 157,612 | $3,060,280 | Up ×1 | ||
| VEA | $13,494,994 | 3.04% | 189,403 | $1,714,681 | Up ×6 | ||
| VTV | $10,863,582 | 2.45% | 49,849 | $1,691,567 | Up ×1 | ||
| VOO | $10,837,826 | 2.44% | 15,780 | $950,417 | Down ×1 | ||
| SCHD | $10,059,650 | 2.27% | 317,239 | $2,503,302 | Up ×1 | ||
| VWO | $8,218,007 | 1.85% | 137,678 | $1,030,895 | Up ×6 | ||
| VB | $8,204,520 | 1.85% | 27,067 | $1,208,347 | Up ×4 | ||
| BRKB | $7,249,673 | 1.63% | 14,488 | $307,001 | |||
| MSFT Microsoft Corporation - Common Stock | $6,432,010 | 1.45% | 17,243 | $78,499 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $5,630,544 | 1.27% | 23,624 | $730,784 | Up ×1 | ||
| FHN First Horizon Corporation Common Stock | $5,499,805 | 1.24% | 214,501 | $613,697 | Down ×4 | ||
| VYMI Vanguard International High Dividend Yield ETF | $4,913,853 | 1.11% | 50,039 | $1,024,406 | Up ×4 | ||
| VO | $4,204,842 | 0.95% | 52,189 | $510,622 | Up ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $4,007,898 | 0.90% | 11,343 | $559,154 | Down ×3 | ||
| XMHQ | $3,819,134 | 0.86% | 33,834 | $-581,713 | Down ×1 | ||
| AZO AutoZone, Inc. Common Stock | $3,815,952 | 0.86% | 1,194 | $-247,517 | Down ×6 | ||
| FDX FedEx Corporation Common Stock | $3,573,476 | 0.81% | 11,412 | $-479,995 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $3,352,008 | 0.76% | 6,526 | $183,913 | Up ×1 | ||
| SPY SPY | $3,065,142 | 0.69% | 4,105 | $401,121 | Up ×1 | ||
| V Visa Inc. | $3,012,306 | 0.68% | 8,780 | $303,316 | Down ×4 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,765,549 | 0.62% | 3,755 | $846,055 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $2,751,818 | 0.62% | 24,296 | $-257,167 | Up ×1 | ||
| VIG | $2,594,929 | 0.58% | 10,967 | $221,002 | Down ×1 | ||
| RF Regions Financial Corporation Common Stock | $2,591,877 | 0.58% | 85,824 | $350,754 | Up ×1 | ||
| CSM | $2,494,733 | 0.56% | 29,276 | $305,083 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $2,191,162 | 0.49% | 4,588 | $757,206 | Up ×1 | ||
| CIFR Cipher Mining Inc. - Common Stock | $2,058,637 | 0.46% | 84,026 | $994,237 | Up ×2 | ||
| VONG Vanguard Russell 1000 Growth ETF | $1,830,463 | 0.41% | 14,322 | $238,822 | Down ×2 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $1,722,310 | 0.39% | 4,144 | $596,401 | Down ×3 | ||
| EGP EastGroup Properties, Inc. Common Stock | $1,680,999 | 0.38% | 8,300 | $144,752 | |||
| KLAC KLA Corporation - Common Stock | $1,650,673 | 0.37% | 5,471 | $892,382 | Up ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $1,633,354 | 0.37% | 821 | $621,589 | Up ×4 | ||
| JNJ Johnson & Johnson Common Stock | $1,579,215 | 0.36% | 6,218 | $60,317 | Up ×1 | ||
| CGXU | $1,555,777 | 0.35% | 44,939 | $285,098 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $1,547,298 | 0.35% | 1,290 | $374,819 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,528,015 | 0.34% | 4,276 | $344,652 | Up ×1 | ||
| EFG | $1,475,872 | 0.33% | 11,862 | $156,768 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $1,434,267 | 0.32% | 2,469 | $739,960 | Down ×3 | ||
| MPC Marathon Petroleum Corporation Common Stock | $1,421,700 | 0.32% | 5,561 | $-90,430 | Down ×4 | ||
| FTNT Fortinet, Inc. - Common Stock | $1,413,765 | 0.32% | 9,203 | $313,569 | Down ×3 | ||
| IWP | $1,351,903 | 0.30% | 9,234 | $169,037 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $1,332,203 | 0.30% | 3,527 | $240,158 | Down ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $1,306,804 | 0.29% | 3,107 | $101,219 | Down ×2 | ||
| VXUS Vanguard Total International Stock ETF | $1,297,509 | 0.29% | 15,177 | $101,328 | Down ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,293,384 | 0.29% | 6,464 | $211,144 | Up ×1 | ||
| CGBL | $1,291,246 | 0.29% | 34,016 | $858,972 | Up ×1 | ||
| PNFP Pinnacle Financial Partners, Inc. - Common Stock | $1,264,127 | 0.28% | 12,531 | $179,797 | Down ×2 | ||
| GPIX Goldman Sachs S&P 500 Premium Income ETF | $1,263,889 | 0.28% | 22,744 | $273,727 | Up ×3 | ||
| ABBV AbbVie Inc. Common Stock | $1,262,305 | 0.28% | 5,016 | $176,316 | Up ×1 | ||
| LRCX Lam Research Corporation - Common Stock | $1,178,659 | 0.27% | 2,720 | Up ×1 | |||
| PDI PIMCO Dynamic Income Fund Common Stock | $1,135,707 | 0.26% | 68,006 | $140,927 | Up ×2 | ||
| MELI MercadoLibre, Inc. - Common Stock | $1,093,119 | 0.25% | 644 | $558,852 | Up ×2 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $1,091,544 | 0.25% | 1,079 | $182,489 | Up ×3 | ||
| VBK | $1,090,554 | 0.25% | 2,982 | $188,165 | Down ×4 | ||
| NVTS Navitas Semiconductor Corporation - Common Stock | $1,075,200 | 0.24% | 60,000 | $549,000 | |||
| DE Deere & Company Common Stock | $1,068,212 | 0.24% | 1,684 | $119,615 | |||
| COST Costco Wholesale Corporation - Common Stock | $1,056,794 | 0.24% | 1,130 | $-104,523 | Down ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,050,149 | 0.24% | 2,978 | $68,733 | Down ×3 | ||
| LIN Linde plc - Ordinary Shares | $1,014,265 | 0.23% | 1,954 | $66,359 | Up ×1 | ||
| AMGN Amgen Inc. - Common Stock | $953,996 | 0.22% | 2,634 | $28,090 | Up ×5 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $906,182 | 0.20% | 7,052 | $57,897 | |||
| PG Procter & Gamble Company (The) Common Stock | $905,120 | 0.20% | 6,172 | $17,252 | Up ×1 | ||
| RRBI Red River Bancshares, Inc. - Common Stock | $826,084 | 0.19% | 9,050 | $7,602 | |||
| CGMU | $820,419 | 0.18% | 29,866 | $-223,791 | Down ×1 | ||
| IBM International Business Machines Corporation Common Stock | $803,567 | 0.18% | 2,858 | $151,008 | Up ×1 | ||
| VIGI Vanguard International Dividend Appreciation ETF | $802,255 | 0.18% | 8,591 | $46,460 | Up ×2 | ||
| JAAA | $783,883 | 0.18% | 15,526 | $6,649 | Up ×2 | ||
| RSP | $779,645 | 0.18% | 3,664 | $68,857 | Down ×2 | ||
| RMD ResMed Inc. Common Stock | $766,657 | 0.17% | 3,934 | $-147,420 | Down ×3 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $766,205 | 0.17% | 17,990 | $20,137 | Down ×2 | ||
| MUNI | $743,357 | 0.17% | 14,132 | $-458,289 | Down ×2 | ||
| Unknown issuer (CUSIP: 30233Q108) | $693,484 | 0.16% | 5,072 | Up ×1 | |||
| PRTA Prothena Corporation plc - Ordinary Shares | $688,051 | 0.16% | 70,281 | $4,920 | |||
| EFA | $686,194 | 0.15% | 6,606 | $46,680 | Up ×1 | ||
| GE GE Aerospace Common Stock | $684,050 | 0.15% | 1,830 | ||||
| KKR KKR & Co. Inc. Common Stock | $679,134 | 0.15% | 7,400 | $-32,964 | Down ×4 | ||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $627,020 | 0.14% | 4,954 | Up ×1 | |||
| ITA ITA | $621,778 | 0.14% | 2,565 | $67,096 | Up ×1 | ||
| CGGR | $611,623 | 0.14% | 12,958 | $243,840 | Up ×1 | ||
| BOND PIMCO Active Bond Exchange-Traded Fund Exchange-Traded Fund | $608,125 | 0.14% | 6,595 | $-462 | |||
| JPM JP Morgan Chase & Co. Common Stock | $600,655 | 0.14% | 1,835 | $56,951 | Down ×2 | ||
| DIA | $593,591 | 0.13% | 1,136 | $68,407 | Up ×1 | ||
| ZYME Zymeworks Inc. - Common Stock | $577,563 | 0.13% | 22,095 | $24,304 | |||
| GD General Dynamics Corporation Common Stock | $575,994 | 0.13% | 1,626 | $26,842 | Up ×1 | ||
| DHR Danaher Corporation Common Stock | $568,187 | 0.13% | 2,983 | $45,126 | Up ×5 | ||
| WM Waste Management, Inc. Common Stock | $561,658 | 0.13% | 2,520 | $-17,413 | |||
| CORZ Core Scientific, Inc. - Common Stock | $555,226 | 0.13% | 21,697 | $285,482 | Up ×1 | ||
| GLW Corning Incorporated Common Stock | $552,495 | 0.12% | 2,163 | $254,993 | Down ×3 | ||
| NEM Newmont Corporation | $549,867 | 0.12% | 5,887 | $-255,652 | Down ×2 | ||
| MGV | $548,211 | 0.12% | 3,354 | $62,049 | |||
| VICI VICI Properties Inc. Common Stock | $537,022 | 0.12% | 20,227 | $-7,138 | Up ×1 | ||
| NUE Nucor Corporation Common Stock | $509,652 | 0.11% | 2,288 | $112,267 | Down ×2 | ||
| NOC Northrop Grumman Corporation Common Stock | $509,310 | 0.11% | 1,000 | $-172,930 | |||
| TFC Truist Financial Corporation Common Stock | $502,584 | 0.11% | 10,088 | $133,215 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| AVNM | $29,754,348 | 6.71% | up ×3 |
| VEA | $13,494,994 | 3.04% | up ×6 |
| VWO | $8,218,007 | 1.85% | up ×6 |
| VB | $8,204,520 | 1.85% | up ×4 |
| VYMI | $4,913,853 | 1.11% | up ×4 |
| VO | $4,204,842 | 0.95% | up ×6 |
| ASML | $1,633,354 | 0.37% | up ×4 |
| GPIX | $1,263,889 | 0.28% | up ×3 |
| GS | $1,091,544 | 0.25% | up ×3 |
| AMGN | $953,996 | 0.22% | up ×5 |
| DHR | $568,187 | 0.13% | up ×5 |
| IVV | $460,363 | 0.10% | up ×6 |
| MRSH | $201,179 | 0.05% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| FMDE | $21,666,982 | 533,933 | 4.88% |
| LRCX | $1,178,659 | 2,720 | 0.27% |
| Unknown issuer (CUSIP: 30233Q108) | $693,484 | 5,072 | 0.16% |
| GE | $684,050 | 1,830 | 0.15% |
| DUK | $627,020 | 4,954 | 0.14% |
| Unknown issuer (CUSIP: 84615Q103) | $450,045 | 2,634 | 0.10% |
| NBIS | $384,981 | 1,394 | 0.09% |
| ROP | $344,481 | 1,018 | 0.08% |
| EQT | $335,662 | 6,313 | 0.08% |
| INTC | $303,035 | 2,170 | 0.07% |
| CGGO | $302,420 | 7,144 | 0.07% |
| HUT | $289,305 | 2,506 | 0.07% |
| VTI | $276,886 | 748 | 0.06% |
| ALAB | $274,355 | 568 | 0.06% |
| CSCO | $253,346 | 2,157 | 0.06% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VUG | Bought more | +509K | +$9.1M |
| DGRW | Bought more | +26K | +$6.4M |
| AVNM | Bought more | +47K | +$5.8M |
| IUSV | Bought more | +12K | +$3.4M |
| GSSC | Bought more | +6K | +$3.1M |
| AAPL | Bought more | +2K | +$2.6M |
| SCHD | Bought more | +71K | +$2.5M |
| VEA | Bought more | +6K | +$1.7M |
| VTV | Bought more | +3K | +$1.7M |
| VB | Bought more | +356 | +$1.2M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| CRM | March 31, 2026 | 5,067 | $1,010,525 | 10.2% |
| LRN | Dec. 31, 2025 | 6,419 | $956,070 | 29.6% |
| USFD | Sept. 30, 2025 | 12,088 | $930,897 | 42.1% |
| CARA | Dec. 31, 2025 | 22,030 | $858,509 | No longer tracked |
| XOM | June 30, 2026 | 5,060 | $858,412 | 22.5% |
| CPRT | March 31, 2026 | 19,702 | $791,232 | 2.5% |
| LMT | March 31, 2025 | 1,546 | $751,222 | 30.6% |
| PHM | Dec. 31, 2025 | 5,667 | $748,816 | 9.4% |
| WDAY | March 31, 2026 | 4,338 | $738,111 | 52.0% |
| APLS | June 30, 2026 | 17,005 | $684,111 | No longer tracked |
| NOW | June 30, 2026 | 6,275 | $656,051 | 30.5% |
| BIL | Dec. 31, 2025 | 6,979 | $640,311 | No longer tracked |
| VTI | March 31, 2026 | 1,742 | $589,283 | No longer tracked |
| BSY | Dec. 31, 2025 | 11,192 | $576,150 | -5.3% |
| SPYM | March 31, 2025 | 7,498 | $516,915 | No longer tracked |
| CGIE | June 30, 2026 | 11,853 | $400,883 | No longer tracked |
| EOSE | March 31, 2026 | 29,740 | $368,776 | -27.2% |
| QUAL | March 31, 2025 | 2,058 | $366,487 | No longer tracked |
| GMREXXXX | Sept. 30, 2025 | 49,134 | $340,500 | No longer tracked |
| VGVT | March 31, 2026 | 4,396 | $333,731 | No longer tracked |
| FLMI | March 31, 2026 | 12,590 | $316,020 | No longer tracked |
| EPD | March 31, 2026 | 8,722 | $307,003 | 1.4% |
| IEI | March 31, 2026 | 2,368 | $281,489 | |
| GDLC | June 30, 2026 | 8,722 | $272,039 | No longer tracked |
| DWM | March 31, 2026 | 3,717 | $271,110 | No longer tracked |
| IBIT | Dec. 31, 2025 | 4,148 | $269,629 | |
| REGL | March 31, 2026 | 2,939 | $269,149 | No longer tracked |
| SO | March 31, 2026 | 2,969 | $268,090 | -4.2% |
| MSTR | Dec. 31, 2025 | 832 | $268,079 | -26.2% |
| BIV | March 31, 2026 | 3,428 | $265,641 | No longer tracked |
| CMCSA | Sept. 30, 2025 | 7,391 | $263,786 | -15.2% |
| T | March 31, 2026 | 9,596 | $261,198 | -12.9% |
| GE | March 31, 2026 | 846 | $260,994 | 24.4% |
| DYNF | March 31, 2025 | 5,080 | $260,350 | No longer tracked |
| SCHG | March 31, 2025 | 9,235 | $257,379 | No longer tracked |
| CADE | Dec. 31, 2025 | 6,817 | $255,910 | No longer tracked |
| CGDV | March 31, 2026 | 5,231 | $234,654 | No longer tracked |
| STRW | March 31, 2026 | 17,681 | $233,384 | No longer tracked |
| IRM | March 31, 2026 | 2,562 | $230,718 | 19.0% |
| PEP | March 31, 2026 | 1,376 | $228,596 | -8.4% |
| PLTR | June 30, 2026 | 1,466 | $214,510 | 49.7% |
| VCSH | Sept. 30, 2025 | 2,683 | $213,299 | |
| JPST | Dec. 31, 2025 | 4,147 | $210,377 | No longer tracked |
| NKE | March 31, 2026 | 3,223 | $206,953 | -23.2% |
| IWS | March 31, 2026 | 1,340 | $201,061 | No longer tracked |
| ET | March 31, 2026 | 10,738 | $197,260 | 10.0% |
| NDMO | Dec. 31, 2025 | 14,846 | $154,248 | -0.6% |
| PDBC | Sept. 30, 2025 | 10,351 | $134,977 | |
| AQN | June 30, 2025 | 19,800 | $101,772 | 2.4% |
| ACP | June 30, 2025 | 10,093 | $59,448 | -12.0% |