DHK Financial Advisors, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), DHK Financial Advisors, Inc. reported 90 stock positions worth $182.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 20.9% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 10.9%) and Vanguard Tot World STK ETF (VT, 7.8%). Compared with Q4 2024, it opened 11 new positions, sold out of 10, added to 39 and reduced 16. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +92%) and the biggest sale Vanguard Tot World STK ETF (VT, shares −14%).

Most Recent 13F
Q2 2025
Location
PORTSMOUTH, NH
CIK
0001922962
Portfolio Value
$182.3M (Q1 2025)
SEC Filing
0001951757-25-000296 ↗ filed Apr 11, 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 $182.3M Q1 2025 Q2 2025: $173.9M Q2 2025

Holdings 90 stocks · $182.3M
BRK.B Berkshire Hathaway Inc. Class B 20.87% 71,436 $38.0M Add +0.3%
BRK.A Berkshire Hathaway Inc. Class A 10.95% 25 $20.0M No change
VT Vanguard Tot World STK ETF 7.76% 121,964 $14.1M Reduce -13.7%
SPY SS SPDR S&P 500 ETF Trust-US 5.71% 18,566 $10.4M Add +91.9%
GLD SPDR Gold Shares 4.53% 28,675 $8.3M Add +4.1%
IWV iShares Russell 3000 ETF 3.46% 19,850 $6.3M Add +76.8%
VPU Vanguard Utilities ETF 1.81% 19,310 $3.3M Add +0.7%
EFA iShares MSCI Eafe ETF 1.59% 35,402 $2.9M Reduce -1.1%
VONV Vanguard Russell 1000 Value 1.54% 33,928 $2.8M Add +100.0%
TSPA T Rowe Price US Eqy Research 1.52% 78,598 $2.8M Add +100.0%
QUAL iShares MSCI USA Quality Fac 1.51% 16,132 $2.8M Add +100.0%
VONG Vanguard Russell 1000 Growth 1.48% 29,100 $2.7M Add +100.0%
VEU Vanguard Ftse All-World Ex-U 1.46% 43,733 $2.7M Add +0.0%
FTSL First Trust Senior Loan ETF 1.41% 56,380 $2.6M Add +1.7%
IEFA iShares Core MSCI Eafe ETF 1.39% 33,505 $2.5M New
SPSM SS SPDR P S&P 600 Small Cap 1.34% 60,107 $2.4M Add +0.4%
MOAT Vaneck Morningstar Wide Moat 1.29% 26,666 $2.3M Reduce -56.3%
SCHC Schwab Intl Small-Cap Equity 1.10% 56,000 $2.0M No change
SDVY First Trust Smid Cap Rising 1.09% 59,176 $2.0M Add +0.5%
INCO Columbia India Consumer ETF 1.07% 32,763 $2.0M No change
DGRW Wisdomtree U.S. Quality Divi 0.93% 21,325 $1.7M Add +0.4%
AGG iShares Core U.S. Aggregate 0.92% 17,000 $1.7M Add +100.0%
FLIN Franklin Ftse India ETF 0.92% 45,440 $1.7M No change
FLOT iShares Floating Rate Bond E 0.90% 31,971 $1.6M Add +0.8%
VWO Vanguard Ftse Emerging Marke 0.84% 33,930 $1.5M Reduce -1.1%
BIV Vanguard Intermediate-Term B 0.84% 19,900 $1.5M Add +100.0%
CIBR First Trust Nasdaq Cybersecu 0.83% 23,972 $1.5M Add +0.0%
PAR Par Technology Corp. 0.82% 24,362 $1.5M No change
QQQ Invesco QQQ Trust Series 1 0.81% 3,159 $1.5M No change
COWZ Pacer US Cash Cows 100 ETF 0.71% 23,690 $1.3M Add +0.8%
KCE SS SPDR S&P Cap MKTS ETF 0.70% 10,051 $1.3M Add +0.4%
MCHI iShares MSCI China ETF 0.68% 22,931 $1.2M No change
SMIN iShares MSCI India Small-Cap 0.64% 17,102 $1.2M No change
GLIN Vaneck India Growth Leaders 0.63% 26,694 $1.1M No change
VLUE iShares MSCI USA Value Facto 0.61% 10,501 $1.1M Add +0.6%
USIG iShares Broad Usd Investment 0.61% 21,600 $1.1M Add +100.0%
RWO State Street SPDR Dow Jones 0.60% 25,224 $1.1M Reduce -0.4%
SGI Somnigroup International Inc. 0.59% 18,012 $1.1M Reduce -9.2%
IWM iShares Russell 2000 ETF 0.52% 4,794 $956K Add +0.0%
SMH Vaneck Semiconductor ETF 0.50% 4,290 $907K No change
IEMG iShares Core MSCI Emerging 0.49% 16,568 $894K Add +135.0%
NVDA Nvidia Corp. 0.45% 7,524 $815K Reduce -6.2%
NLR Vaneck Urani & Nuclr ETF-Usd 0.42% 10,438 $765K No change
XMHQ Invesco S&P Midcap Qual ETF 0.40% 8,031 $735K Add +0.2%
AAPL Apple Inc. 0.40% 3,296 $732K Reduce -2.6%
MSFT Microsoft Corp. 0.39% 1,908 $716K Reduce -5.7%
JPM JPMorgan Chase & Co. 0.39% 2,892 $709K Reduce -44.7%
ARKQ ARK Autonomous Tech & Robot 0.38% 10,425 $691K New
DGS Wisdomtree Em Small Cap 0.37% 14,100 $681K New
TGRT T. Rowe Price Growth ETF 0.37% 19,528 $670K Reduce -2.4%
IWN iShares Russell 2000 Value E 0.35% 4,224 $638K Add +169.7%
AVUV Avantis US Small Cap Value 0.33% 6,889 $601K Add +0.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.31% 7,189 $567K Add +63.8%
SPDW Ste STR SPDR PT DW Eu ETF 0.31% 15,500 $564K No change
VSS Vanguard Ftse All Wo X-US SC 0.30% 4,714 $545K No change
APG Api Group Corp. 0.29% 14,902 $533K No change
LYV Live Nation Entertainment Inc. 0.29% 4,005 $523K No change
IEI iShares 3-7 Year Treasury Bo 0.29% 4,400 $520K Add +100.0%
VSGX Vanguard ESG Intl Stock ETF 0.28% 8,741 $516K Add +0.6%
CRH CRH PLC 0.27% 5,474 $484K Add +13.9%
AMZN Amazon.com Inc. 0.26% 2,445 $465K Reduce -7.3%
NRP Natural Resource Partners LP 0.25% 4,404 $458K Add +11.7%
PBPB Potbelly Corp. 0.25% 47,652 $453K Add +1.5%
GTX Garrett Motion Inc. 0.24% 53,160 $445K New
AUSF Global X Adaptive US Factor 0.24% 10,000 $437K No change
ARKW ARK Next Generation Technolo 0.24% 4,602 $436K New
IOO iShares Global 100 ETF 0.24% 4,500 $433K No change
DFH Dream Finders Homes Inc. Class A 0.22% 17,780 $401K New
LMB Limbach Holdings Inc. 0.22% 5,364 $399K New
SLV iShares Silver Trust 0.22% 12,680 $393K Add +4.6%
GOOGL Alphabet Inc. Class A 0.21% 2,522 $390K Reduce -6.8%
SCHA Schwab US Small-Cap ETF 0.21% 16,627 $390K Reduce -9.3%
AVSC Avantis US Small Cap Equity 0.21% 8,031 $389K Add +0.3%
RWK Invesco S&P Midcap 400 Rev 0.21% 3,522 $380K Add +0.3%
PAVE Global X US Infrastructure 0.21% 10,000 $377K No change
FDVV Fidelity High Dividend ETF 0.19% 7,126 $353K Add +0.8%
RSSS Research Solutions Inc. 0.17% 118,761 $309K No change
RELY Remitly Global Inc. 0.16% 14,425 $300K Add +19.1%
AVDV Avantis Intl S/C Value ETF 0.16% 4,296 $300K No change
IGE iShares North American Natur 0.16% 6,525 $297K Add +0.5%
AVGO Broadcom Inc. 0.16% 1,766 $296K No change
V Visa Inc. Class A 0.14% 729 $255K No change
COST Costco Wholesale Corp. 0.13% 241 $228K No change
MRSH Marsh & McLennan Cos 0.12% 866 $211K New
LRCX Lam Research Corp. 0.11% 2,850 $208K No change
TMUS T-Mobile US Inc. 0.11% 772 $206K New
SCHW Schwab (charles) Corp. 0.11% 2,582 $202K New
PEP Pepsico Inc. 0.11% 1,346 $202K Reduce -3.0%
META Meta Platforms Inc. Class A 0.11% 348 $201K Reduce -14.7%
GTN Gray Media Inc. 0.07% 29,126 $126K New

Portfolio Sells Q4 2024 → Q1 2025
VT Vanguard Tot World STK ETF Reduce -13.7% 7.76% −2.32
MOAT Vaneck Morningstar Wide Moat Reduce -56.3% 1.29% −2.15
FM iShares Frontier and Select Sold out 0.00% −1.86
INDA iShares MSCI India ETF Sold out 0.00% −0.53
BELFB Bel Fuse Inc. Class B Sold out 0.00% −0.50
JPM JPMorgan Chase & Co. Reduce -44.7% 0.39% −0.37
CALF PCR US SM CP CSH CWS ETF-Usd Sold out 0.00% −0.24
APPN Appian Corp. Class A Sold out 0.00% −0.24
EPI Wisdomtree India Earnings Sold out 0.00% −0.22
NVDA Nvidia Corp. Reduce -6.2% 0.45% −0.21
IHI iShares U.S. Medical Devices Sold out 0.00% −0.16
BKNG Booking Holdings Inc. Sold out 0.00% −0.13
ACN Accenture PLC Class A Sold out 0.00% −0.13
MSFT Microsoft Corp. Reduce -5.7% 0.39% −0.12
AAPL Apple Inc. Reduce -2.6% 0.40% −0.11
GOOGL Alphabet Inc. Class A Reduce -6.8% 0.21% −0.10
AMZN Amazon.com Inc. Reduce -7.3% 0.26% −0.10
TGRT T. Rowe Price Growth ETF Reduce -2.4% 0.37% −0.09
SGI Somnigroup International Inc. Reduce -9.2% 0.59% −0.09
VWO Vanguard Ftse Emerging Marke Reduce -1.1% 0.84% −0.07
SCHA Schwab US Small-Cap ETF Reduce -9.3% 0.21% −0.07
PESI Perma-Fix Environmental SVCS Sold out 0.00% −0.07
RWO State Street SPDR Dow Jones Reduce -0.4% 0.60% −0.06
EFA iShares MSCI Eafe ETF Reduce -1.1% 1.59% −0.05
META Meta Platforms Inc. Class A Reduce -14.7% 0.11% −0.03
PEP Pepsico Inc. Reduce -3.0% 0.11% −0.02

Portfolio Buys Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US Add +91.9% 5.71% +2.26
IEFA iShares Core MSCI Eafe ETF New 1.39% +1.39
BRK.B Berkshire Hathaway Inc. Class B Add +0.3% 20.87% +1.27
IWV iShares Russell 3000 ETF Add +76.8% 3.46% +1.18
VONV Vanguard Russell 1000 Value Add +100.0% 1.54% +0.70
QUAL iShares MSCI USA Quality Fac Add +100.0% 1.51% +0.64
TSPA T Rowe Price US Eqy Research Add +100.0% 1.52% +0.63
VONG Vanguard Russell 1000 Growth Add +100.0% 1.48% +0.57
GLD SPDR Gold Shares Add +4.1% 4.53% +0.48
AGG iShares Core U.S. Aggregate Add +100.0% 0.92% +0.42
BIV Vanguard Intermediate-Term B Add +100.0% 0.84% +0.38
ARKQ ARK Autonomous Tech & Robot New 0.38% +0.38
DGS Wisdomtree Em Small Cap New 0.37% +0.37
USIG iShares Broad Usd Investment Add +100.0% 0.61% +0.28
IEMG iShares Core MSCI Emerging Add +135.0% 0.49% +0.27
GTX Garrett Motion Inc. New 0.24% +0.24
ARKW ARK Next Generation Technolo New 0.24% +0.24
DFH Dream Finders Homes Inc. Class A New 0.22% +0.22
LMB Limbach Holdings Inc. New 0.22% +0.22
IWN iShares Russell 2000 Value E Add +169.7% 0.35% +0.19
IEI iShares 3-7 Year Treasury Bo Add +100.0% 0.29% +0.13
MRSH Marsh & McLennan Cos New 0.12% +0.12
TMUS T-Mobile US Inc. New 0.11% +0.11
SCHW Schwab (charles) Corp. New 0.11% +0.11
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +63.8% 0.31% +0.10
GTN Gray Media Inc. New 0.07% +0.07
SLV iShares Silver Trust Add +4.6% 0.22% +0.02
RELY Remitly Global Inc. Add +19.1% 0.16% −0.00
CRH CRH PLC Add +13.9% 0.27% −0.00
IGE iShares North American Natur Add +0.5% 0.16% −0.01
NRP Natural Resource Partners LP Add +11.7% 0.25% −0.01
VSGX Vanguard ESG Intl Stock ETF Add +0.6% 0.28% −0.02
PBPB Potbelly Corp. Add +1.5% 0.25% −0.02
FDVV Fidelity High Dividend ETF Add +0.8% 0.19% −0.02
RWK Invesco S&P Midcap 400 Rev Add +0.3% 0.21% −0.04
AVSC Avantis US Small Cap Equity Add +0.3% 0.21% −0.05
VLUE iShares MSCI USA Value Facto Add +0.6% 0.61% −0.05
VEU Vanguard Ftse All-World Ex-U Add +0.0% 1.46% −0.07
AVUV Avantis US Small Cap Value Add +0.4% 0.33% −0.07
XMHQ Invesco S&P Midcap Qual ETF Add +0.2% 0.40% −0.08
FLOT iShares Floating Rate Bond E Add +0.8% 0.90% −0.08
VPU Vanguard Utilities ETF Add +0.7% 1.81% −0.09
CIBR First Trust Nasdaq Cybersecu Add +0.0% 0.83% −0.09
COWZ Pacer US Cash Cows 100 ETF Add +0.8% 0.71% −0.10
DGRW Wisdomtree U.S. Quality Divi Add +0.4% 0.93% −0.11
IWM iShares Russell 2000 ETF Add +0.0% 0.52% −0.12
KCE SS SPDR S&P Cap MKTS ETF Add +0.4% 0.70% −0.14
FTSL First Trust Senior Loan ETF Add +1.7% 1.41% −0.14
SDVY First Trust Smid Cap Rising Add +0.5% 1.09% −0.19
SPSM SS SPDR P S&P 600 Small Cap Add +0.4% 1.34% −0.29

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