Q2 2026 13F · SEC CIK 2011771

Duncan Williams Asset Management, LLC

Institutional asset managerFiled 2026-07-22 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $443.6M
Reported positions: 172
Top holdings a year, 3 yrs: +15.5%
Assets under management: $2.7B

Duncan Williams Asset Management, LLC is an institutional asset manager that reported 172 positions worth $443.6M in its Q2 2026 13F, filed 2026-07-22. Its largest holdings were Vanguard Index Fds (VUG, 11.8%), Wisdomtree Tr (DGRW, 11.5%), Ishares Tr (IUSV, 7.0%). A portfolio copying its top holdings returned 15.5% a year over the last 3 years, against 18.4% for the S&P 500.

Duncan Williams Asset Management, LLC holdings largest 50 of 172 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Duncan Williams Asset Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VUGVanguard Index Fds	11.8%	12.0%	607,777	+514.1%	$52.4M
DGRWWisdomtree Tr	11.5%	12.4%	533,740	+5.1%	$51.0M
IUSVIshares Tr	7.0%	7.7%	282,318	+4.4%	$31.1M
AVNMAvantis All	6.7%	6.6%	361,184	+15.1%	$29.8M
FMDEFidelity Covington Trust	4.9%	—	533,933	—	$21.7M
AAPLApple Inc	3.9%	4.1%	59,689	+3.3%	$17.3M
GSSCGoldman Sachs ETF Tr	3.2%	3.1%	157,612	+3.8%	$14.4M
VEAVanguard Ftse Developed Markets Index Fu	3.0%	3.3%	189,403	+3.0%	$13.5M
VTVVanguard Index Fds	2.4%	2.5%	49,849	+6.6%	$10.9M
VOOVanguard Index Fds	2.4%	2.7%	15,780	-4.6%	$10.8M
SCHDSchwab Strategic Tr	2.3%	2.1%	317,239	+28.8%	$10.1M
VWOVanguard Intl Equity Index F	1.9%	2.0%	137,678	+3.5%	$8.2M
VBVanguard Index Fds	1.8%	1.9%	27,067	+1.3%	$8.2M
BRK-BBerkshire Hathaway Inc Del	1.6%	1.9%	14,488	+0.0%	$7.2M
MSFTMicrosoft Corp	1.4%	1.8%	17,243	+0.5%	$6.4M
AMZNAmazon Com Inc	1.3%	1.4%	23,624	+0.4%	$5.6M
FHNFirst Horizon Corporation	1.2%	1.4%	214,501	-0.1%	$5.5M
VYMIVanguard Whitehall Fds	1.1%	1.1%	50,039	+21.2%	$4.9M
VOVanguard Index Fds	0.9%	1.0%	52,189	+305.7%	$4.2M
GOOGAlphabet Inc	0.9%	1.0%	11,343	-5.6%	$4.0M
XMHQInvesco Exchange Traded Fd T	0.9%	1.2%	33,834	-20.5%	$3.8M
AZOAutozone Inc	0.9%	1.1%	1,194	-0.7%	$3.8M
FDXFedex Corp	0.8%	1.1%	11,412	+0.3%	$3.6M
MAMastercard Incorporated	0.8%	0.9%	6,526	+2.9%	$3.4M
SPYState Str Spdr S&p 500 ETF T	0.7%	0.7%	4,105	+0.2%	$3.1M
VVisa Inc	0.7%	0.8%	8,780	-2.0%	$3.0M
QQQInvesco Qqq Tr	0.6%	0.5%	3,755	+12.9%	$2.8M
WMTWalmart Inc	0.6%	0.8%	24,296	+0.4%	$2.8M
VIGVanguard Specialized Funds	0.6%	0.7%	10,967	-0.6%	$2.6M
RFRegions Financial Corp New	0.6%	0.6%	85,824	+0.0%	$2.6M
CSMProshares Tr	0.6%	0.6%	29,276	+0.0%	$2.5M
TSMTaiwan Semiconductor Manufac	0.5%	0.4%	4,588	+8.1%	$2.2M
CIFRCipher Digital Inc	0.5%	—	84,026	—	$2.1M
VONGVanguard Scottsdale Fds	0.4%	0.4%	14,322	-1.3%	$1.8M
UNHUnitedhealth Group Inc	0.4%	0.3%	4,144	-0.4%	$1.7M
EGPEastgroup Pptys Inc	0.4%	0.4%	8,300	+0.0%	$1.7M
KLACKla Corp	0.4%	—	5,471	—	$1.7M
ASMLAsml Hldg NV	0.4%	—	821	—	$1.6M
JNJJohnson & Johnson	0.4%	0.4%	6,218	+0.1%	$1.6M
CGXUCapital Group Intl Focus Eqt	0.4%	0.4%	44,939	+4.3%	$1.6M
LLYEli Lilly & Co	0.3%	0.3%	1,290	+1.2%	$1.5M
GOOGLAlphabet Inc	0.3%	0.3%	4,276	+3.9%	$1.5M
EFGIshares Tr	0.3%	0.4%	11,862	+0.2%	$1.5M
AMDAdvanced Micro Devices Inc	0.3%	—	2,469	—	$1.4M
MPCMarathon Petroleum	0.3%	0.4%	5,561	-10.2%	$1.4M
FTNTFortinet Inc	0.3%	0.3%	9,203	-31.6%	$1.4M
IWPIshares Tr	0.3%	0.3%	9,234	+0.0%	$1.4M
AVGOBroadcom Inc	0.3%	0.3%	3,527	-0.0%	$1.3M
TSLATesla Inc	0.3%	0.3%	3,107	-4.2%	$1.3M
VXUSVanguard Star Fds	0.3%	0.3%	15,177	-2.2%	$1.3M

What Duncan Williams Asset Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.3% /yr; S&P 500 +20.1%
3 years: +15.5% /yr; S&P 500 +18.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$443.6M	172
Q1 2026	$360.7M	154
Q4 2025	$402.5M	170
Q3 2025	$355.4M	164
Q2 2025	$316.8M	154
Q1 2025	$276.8M	147
Q4 2024	$254.0M	146
Q3 2024	$181.5M	129
Q2 2024	$118.6M	63
Q1 2024	$111.0M	68

Questions about Duncan Williams Asset Management, LLC's portfolio

What stocks does Duncan Williams Asset Management, LLC own?

Duncan Williams Asset Management, LLC's latest 13F, for Q2 2026 and filed Jul 22, 2026, lists 172 positions worth $443.6M. The largest are Vanguard Index Fds (VUG) at 11.8%, Wisdomtree Tr (DGRW) at 11.5%, Ishares Tr (IUSV) at 7.0%, Avantis All (AVNM) at 6.7% and Fidelity Covington Trust (FMDE) at 4.9%.

What did Duncan Williams Asset Management, LLC buy last quarter?

In Q2 2026, Duncan Williams Asset Management, LLC added Vanguard Index Fds (VUG) (+514.1% shares), Vanguard Index Fds (VO) (+305.7% shares) and Schwab Strategic Tr (SCHD) (+28.8% shares), compared with its Q1 2026 filing.

What did Duncan Williams Asset Management, LLC sell last quarter?

In Q2 2026, Duncan Williams Asset Management, LLC cut from its top 50 Pimco ETF Tr (MUNI), cut from its top 50 Costco Wholesale Corporation (COST), cut from its top 50 Abbvie Inc (ABBV), cut from its top 50 Pinnacle Finl Partners Inc (PNFP), cut from its top 50 Nvidia Corporation (NVDA), Fortinet Inc (FTNT) (-31.6% shares), Invesco Exchange Traded Fd T (XMHQ) (-20.5% shares) and Marathon Petroleum (MPC) (-10.2% shares), compared with its Q1 2026 filing.

How has Duncan Williams Asset Management, LLC's portfolio performed?

A portfolio copying Duncan Williams Asset Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.5% a year over the last 3 years, against +18.4% for the S&P 500. Over 1 year: +16.3% against +20.1%.

When is Duncan Williams Asset Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Duncan Williams Asset Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Duncan Williams Asset Management, LLC manage?

Duncan Williams Asset Management, LLC reported $2.7B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $443.6M.