DHK Financial Advisors, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), DHK Financial Advisors, Inc. reported 87 stock positions worth $173.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 20.0% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 10.5%) and Vanguard Tot World STK ETF (VT, 9.0%). Compared with Q1 2025, it opened 2 new positions, sold out of 5, added to 37 and reduced 27. The biggest buy was Vanguard Tot World STK ETF (VT, shares +0%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −42%).

Most Recent 13F
Q2 2025
Location
PORTSMOUTH, NH
CIK
0001922962
Portfolio Value
$173.9M (Q2 2025)
SEC Filing
0001951757-25-001088 ↗ filed Aug 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $141.2M Q1 2024 Q2 2024: $143.3M Q2 2024 Q3 2024: $163.1M Q3 2024 Q4 2024: $164.8M Q4 2024 Q1 2025: $182.3M Q1 2025 Q2 2025: $173.9M $173.9M Q2 2025

Holdings 87 stocks · $173.9M

BRK.B Berkshire Hathaway Inc. Class B 19.96% 71,435 $34.7M Reduce 0.0%
BRK.A Berkshire Hathaway Inc. Class A 10.48% 25 $18.2M No change
VT Vanguard Tot World STK ETF 9.04% 122,314 $15.7M Add +0.3%
GLD SPDR Gold Shares 5.22% 29,804 $9.1M Add +3.9%
SPY SS SPDR S&P 500 ETF Trust-US 3.84% 10,782 $6.7M Reduce -41.9%
FTSL First Trust Senior Loan ETF 2.66% 100,979 $4.6M Add +79.1%
VPU Vanguard Utilities ETF 2.27% 22,366 $3.9M Add +15.8%
DGRW Wisdomtree U.S. Quality Divi 2.01% 42,738 $3.5M Add +100.4%
IWV iShares Russell 3000 ETF 1.74% 8,625 $3.0M Reduce -56.5%
VEU Vanguard Ftse All-World Ex-U 1.69% 43,738 $2.9M Add +0.0%
IEFA iShares Core MSCI Eafe ETF 1.60% 33,394 $2.8M Reduce -0.3%
SPSM SS SPDR P S&P 600 Small Cap 1.48% 60,367 $2.6M Add +0.4%
MOAT Vaneck Morningstar Wide Moat 1.44% 26,666 $2.5M No change
SCHC Schwab Intl Small-Cap Equity 1.37% 56,123 $2.4M Add +0.2%
INCO Columbia India Consumer ETF 1.22% 32,763 $2.1M No change
SDVY First Trust Smid Cap Rising 1.20% 59,374 $2.1M Add +0.3%
CIBR First Trust Nasdaq Cybersecu 1.04% 24,001 $1.8M Add +0.1%
FLIN Franklin Ftse India ETF 1.04% 45,513 $1.8M Add +0.2%
QQQ Invesco QQQ Trust Series 1 1.00% 3,164 $1.7M Add +0.2%
PAR Par Technology Corp. 0.97% 24,362 $1.7M No change
FLOT iShares Floating Rate Bond E 0.95% 32,370 $1.7M Add +1.3%
VWO Vanguard Ftse Emerging Marke 0.93% 32,803 $1.6M Reduce -3.3%
VONG Vanguard Russell 1000 Growth 0.91% 14,550 $1.6M Reduce -50.0%
TSPA T Rowe Price US Eqy Research 0.88% 39,299 $1.5M Reduce -50.0%
QUAL iShares MSCI USA Quality Fac 0.85% 8,066 $1.5M Reduce -50.0%
KCE SS SPDR S&P Cap MKTS ETF 0.84% 10,093 $1.5M Add +0.4%
DGS Wisdomtree Em Small Cap 0.84% 28,200 $1.5M Add +100.0%
VONV Vanguard Russell 1000 Value 0.83% 16,964 $1.4M Reduce -50.0%
SMIN iShares MSCI India Small-Cap 0.76% 17,102 $1.3M No change
COWZ Pacer US Cash Cows 100 ETF 0.75% 23,761 $1.3M Add +0.3%
GLIN Vaneck India Growth Leaders 0.74% 26,694 $1.3M No change
MCHI iShares MSCI China ETF 0.73% 23,160 $1.3M Add +1.0%
SGI Somnigroup International Inc. 0.70% 18,013 $1.2M Add +0.0%
VLUE iShares MSCI USA Value Facto 0.69% 10,572 $1.2M Add +0.7%
SMH Vaneck Semiconductor ETF 0.69% 4,290 $1.2M No change
NVDA Nvidia Corp. 0.67% 7,394 $1.2M Reduce -1.7%
NLR Vaneck Urani & Nuclr ETF-Usd 0.67% 10,438 $1.2M No change
RWO State Street SPDR Dow Jones 0.65% 25,481 $1.1M Add +1.0%
MSFT Microsoft Corp. 0.54% 1,885 $937K Reduce -1.2%
ARKQ ARK Autonomous Tech & Robot 0.53% 10,425 $930K No change
LMB Limbach Holdings Inc. 0.51% 6,294 $882K Add +17.3%
JPM JPMorgan Chase & Co. 0.49% 2,931 $850K Add +1.4%
AGG iShares Core U.S. Aggregate 0.48% 8,500 $843K Reduce -50.0%
XMHQ Invesco S&P Midcap Qual ETF 0.45% 8,042 $790K Add +0.1%
TGRT T. Rowe Price Growth ETF 0.45% 19,528 $789K No change
BIV Vanguard Intermediate-Term B 0.44% 9,950 $770K Reduce -50.0%
APG Api Group Corp. 0.44% 14,902 $761K No change
ARKW ARK Next Generation Technolo 0.39% 4,602 $679K No change
AAPL Apple Inc. 0.39% 3,275 $672K Reduce -0.6%
IEMG iShares Core MSCI Emerging 0.38% 10,887 $654K Reduce -34.3%
VSS Vanguard Ftse All Wo X-US SC 0.37% 4,741 $637K Add +0.6%
AVUV Avantis US Small Cap Value 0.36% 6,922 $631K Add +0.5%
SPDW Ste STR SPDR PT DW Eu ETF 0.36% 15,500 $628K No change
GTX Garrett Motion Inc. 0.35% 58,267 $612K Add +9.6%
PBPB Potbelly Corp. 0.34% 47,652 $584K No change
VSGX Vanguard ESG Intl Stock ETF 0.33% 8,827 $578K Add +1.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.33% 7,104 $573K Reduce -1.2%
USIG iShares Broad Usd Investment 0.32% 10,800 $556K Reduce -50.0%
LYV Live Nation Entertainment Inc. 0.31% 3,605 $545K Reduce -10.0%
AMZN Amazon.com Inc. 0.30% 2,415 $530K Reduce -1.2%
V Visa Inc. Class A 0.30% 1,462 $516K Add +100.5%
CRH CRH PLC 0.29% 5,501 $505K Add +0.5%
IOO iShares Global 100 ETF 0.28% 4,500 $485K No change
AVGO Broadcom Inc. 0.28% 1,756 $484K Reduce -0.6%
AUSF Global X Adaptive US Factor 0.26% 10,000 $447K No change
DFH Dream Finders Homes Inc. Class A 0.26% 17,780 $447K No change
PAVE Global X US Infrastructure 0.25% 10,000 $437K No change
SLV iShares Silver Trust 0.25% 13,270 $435K Add +4.7%
GOOGL Alphabet Inc. Class A 0.25% 2,464 $434K Reduce -2.3%
NRP Natural Resource Partners LP 0.24% 4,404 $421K No change
IWN iShares Russell 2000 Value E 0.24% 2,658 $419K Reduce -37.1%
AVSC Avantis US Small Cap Equity 0.24% 8,059 $416K Add +0.3%
RWK Invesco S&P Midcap 400 Rev 0.24% 3,536 $413K Add +0.4%
FDVV Fidelity High Dividend ETF 0.22% 7,189 $374K Add +0.9%
SCHA Schwab US Small-Cap ETF 0.21% 14,273 $361K Reduce -14.2%
AVDV Avantis Intl S/C Value ETF 0.20% 4,376 $347K Add +1.9%
RSSS Research Solutions Inc. 0.20% 118,761 $341K No change
EFA iShares MSCI Eafe ETF 0.19% 3,764 $336K Reduce -89.4%
WMT Walmart Inc. 0.17% 3,249 $302K New
IGE iShares North American Natur 0.17% 6,563 $290K Add +0.6%
RELY Remitly Global Inc. 0.16% 14,425 $271K No change
LRCX Lam Research Corp. 0.16% 2,767 $270K Reduce -2.9%
IEI iShares 3-7 Year Treasury Bo 0.15% 2,200 $262K Reduce -50.0%
META Meta Platforms Inc. Class A 0.14% 338 $250K Reduce -2.9%
COST Costco Wholesale Corp. 0.14% 245 $243K Add +1.7%
SCHW Schwab (charles) Corp. 0.14% 2,584 $236K Add +0.1%
BKNG Booking Holdings Inc. 0.13% 40 $232K New

Portfolio Sells Q1 2025 → Q2 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -41.9% 3.84% −1.87
IWV iShares Russell 3000 ETF Reduce -56.5% 1.74% −1.72
EFA iShares MSCI Eafe ETF Reduce -89.4% 0.19% −1.39
BRK.B Berkshire Hathaway Inc. Class B Reduce 0.0% 19.96% −0.91
VONV Vanguard Russell 1000 Value Reduce -50.0% 0.83% −0.70
QUAL iShares MSCI USA Quality Fac Reduce -50.0% 0.85% −0.66
TSPA T Rowe Price US Eqy Research Reduce -50.0% 0.88% −0.64
VONG Vanguard Russell 1000 Growth Reduce -50.0% 0.91% −0.57
IWM iShares Russell 2000 ETF Sold out 0.00% −0.52
AGG iShares Core U.S. Aggregate Reduce -50.0% 0.48% −0.44
BIV Vanguard Intermediate-Term B Reduce -50.0% 0.44% −0.39
USIG iShares Broad Usd Investment Reduce -50.0% 0.32% −0.29
IEI iShares 3-7 Year Treasury Bo Reduce -50.0% 0.15% −0.13
MRSH Marsh & McLennan Cos Sold out 0.00% −0.12
IEMG iShares Core MSCI Emerging Reduce -34.3% 0.38% −0.11
TMUS T-Mobile US Inc. Sold out 0.00% −0.11
PEP Pepsico Inc. Sold out 0.00% −0.11
IWN iShares Russell 2000 Value E Reduce -37.1% 0.24% −0.11
GTN Gray Media Inc. Sold out 0.00% −0.07
AAPL Apple Inc. Reduce -0.6% 0.39% −0.02
SCHA Schwab US Small-Cap ETF Reduce -14.2% 0.21% −0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -1.2% 0.33% +0.02
LYV Live Nation Entertainment Inc. Reduce -10.0% 0.31% +0.03
META Meta Platforms Inc. Class A Reduce -2.9% 0.14% +0.03
GOOGL Alphabet Inc. Class A Reduce -2.3% 0.25% +0.04
LRCX Lam Research Corp. Reduce -2.9% 0.16% +0.04
AMZN Amazon.com Inc. Reduce -1.2% 0.30% +0.05
VWO Vanguard Ftse Emerging Marke Reduce -3.3% 0.93% +0.09
AVGO Broadcom Inc. Reduce -0.6% 0.28% +0.12
MSFT Microsoft Corp. Reduce -1.2% 0.54% +0.15
IEFA iShares Core MSCI Eafe ETF Reduce -0.3% 1.60% +0.21
NVDA Nvidia Corp. Reduce -1.7% 0.67% +0.22

Portfolio Buys Q1 2025 → Q2 2025

VT Vanguard Tot World STK ETF Add +0.3% 9.04% +1.28
FTSL First Trust Senior Loan ETF Add +79.1% 2.66% +1.25
DGRW Wisdomtree U.S. Quality Divi Add +100.4% 2.01% +1.08
GLD SPDR Gold Shares Add +3.9% 5.22% +0.69
DGS Wisdomtree Em Small Cap Add +100.0% 0.84% +0.47
VPU Vanguard Utilities ETF Add +15.8% 2.27% +0.46
LMB Limbach Holdings Inc. Add +17.3% 0.51% +0.29
SCHC Schwab Intl Small-Cap Equity Add +0.2% 1.37% +0.27
VEU Vanguard Ftse All-World Ex-U Add +0.0% 1.69% +0.24
CIBR First Trust Nasdaq Cybersecu Add +0.1% 1.04% +0.21
QQQ Invesco QQQ Trust Series 1 Add +0.2% 1.00% +0.19
WMT Walmart Inc. New 0.17% +0.17
V Visa Inc. Class A Add +100.5% 0.30% +0.16
KCE SS SPDR S&P Cap MKTS ETF Add +0.4% 0.84% +0.15
SPSM SS SPDR P S&P 600 Small Cap Add +0.4% 1.48% +0.14
BKNG Booking Holdings Inc. New 0.13% +0.13
FLIN Franklin Ftse India ETF Add +0.2% 1.04% +0.12
SGI Somnigroup International Inc. Add +0.0% 0.70% +0.11
SDVY First Trust Smid Cap Rising Add +0.3% 1.20% +0.11
GTX Garrett Motion Inc. Add +9.6% 0.35% +0.11
JPM JPMorgan Chase & Co. Add +1.4% 0.49% +0.10
VLUE iShares MSCI USA Value Facto Add +0.7% 0.69% +0.07
VSS Vanguard Ftse All Wo X-US SC Add +0.6% 0.37% +0.07
FLOT iShares Floating Rate Bond E Add +1.3% 0.95% +0.05
XMHQ Invesco S&P Midcap Qual ETF Add +0.1% 0.45% +0.05
MCHI iShares MSCI China ETF Add +1.0% 0.73% +0.05
VSGX Vanguard ESG Intl Stock ETF Add +1.0% 0.33% +0.05
RWO State Street SPDR Dow Jones Add +1.0% 0.65% +0.04
COWZ Pacer US Cash Cows 100 ETF Add +0.3% 0.75% +0.04
AVDV Avantis Intl S/C Value ETF Add +1.9% 0.20% +0.04
SLV iShares Silver Trust Add +4.7% 0.25% +0.03
AVUV Avantis US Small Cap Value Add +0.5% 0.36% +0.03
RWK Invesco S&P Midcap 400 Rev Add +0.4% 0.24% +0.03
AVSC Avantis US Small Cap Equity Add +0.3% 0.24% +0.03
CRH CRH PLC Add +0.5% 0.29% +0.03
SCHW Schwab (charles) Corp. Add +0.1% 0.14% +0.02
FDVV Fidelity High Dividend ETF Add +0.9% 0.22% +0.02
COST Costco Wholesale Corp. Add +1.7% 0.14% +0.01
IGE iShares North American Natur Add +0.6% 0.17% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 87$173.9MBRK.B, BRK.A, VT, GLD, SPY
Q1 2025 90$182.3MBRK.B, BRK.A, VT, SPY, GLD
Q4 2024 89$164.8MBRK.B, BRK.A, VT, GLD, SPY
Q3 2024 83$163.1MBRK.B, VT, BRK.A, GLD, MOAT
Q2 2024 75$143.3MBRK.B, VT, BRK.A, GLD, MOAT
Q1 2024 72$141.2MVT, IVV, VEA, MOAT, GLD