Duncan Williams Asset Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Duncan Williams Asset Management, LLC reported 172 stock positions worth $443.6 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 11.8% of the portfolio, followed by Wisdomtree U.S. Quality Divi (DGRW, 11.5%) and iShares Core S&P U.S. Value (IUSV, 7.0%). Compared with Q1 2026, it opened 23 new positions, sold out of 5, added to 69 and reduced 45. The biggest buy was a new position in Fidelity Enhanced Mid Cap (FMDE) and the biggest sale Invesco S&P Midcap Qual ETF (XMHQ, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0002011771
- Portfolio Value
- $443.6M (Q2 2026)
- SEC Filing
- 0001765380-26-000224 ↗ filed Jul 22, 2026
Holdings Value
Holdings 172 stocks · $443.6M
| VUG Vanguard Mrngstar GR ETF-Sui | 11.80% | 607,777 | $52.4M | Add +2.4% |
| DGRW Wisdomtree U.S. Quality Divi | 11.50% | 533,740 | $51.0M | Add +5.1% |
| IUSV iShares Core S&P U.S. Value | 7.01% | 282,318 | $31.1M | Add +4.4% |
| AVNM Avantis All Intl MKTS Eq ETF | 6.71% | 361,184 | $29.8M | Add +15.1% |
| FMDE Fidelity Enhanced Mid Cap Co. | 4.88% | 533,933 | $21.7M | New |
| AAPL Apple Inc. | 3.89% | 59,689 | $17.3M | Add +3.3% |
| GSSC Goldman Sachs Activebeta US | 3.24% | 157,612 | $14.4M | Add +3.8% |
| VEA Vanguard Ftse Developed ETF | 3.04% | 189,403 | $13.5M | Add +3.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.45% | 49,849 | $10.9M | Add +6.6% |
| VOO Vanguard S&P 500 ETF | 2.44% | 15,780 | $10.8M | Reduce -4.6% |
| SCHD Schwab US DVD Equity ETF | 2.27% | 317,239 | $10.1M | Add +28.8% |
| VWO Vanguard Ftse Emerging Marke | 1.85% | 137,678 | $8.2M | Add +3.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.85% | 27,067 | $8.2M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.63% | 14,488 | $7.2M | No change |
| MSFT Microsoft Corp. | 1.45% | 17,243 | $6.4M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.27% | 23,624 | $5.6M | Add +0.4% |
| FHN First Horizon Corp. | 1.24% | 214,501 | $5.5M | Reduce -0.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.11% | 50,039 | $4.9M | Add +21.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.95% | 52,189 | $4.2M | Add +1.4% |
| GOOG Alphabet Inc. Class C | 0.90% | 11,343 | $4.0M | Reduce -5.7% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.86% | 33,834 | $3.8M | Reduce -20.5% |
| AZO AutoZone Inc. | 0.86% | 1,194 | $3.8M | Reduce -0.8% |
| FDX FedEx Corp. | 0.81% | 11,412 | $3.6M | Add +0.3% |
| MA Mastercard Inc. Class A | 0.76% | 6,526 | $3.4M | Add +2.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.69% | 4,105 | $3.1M | Add +0.2% |
| V Visa Inc. Class A | 0.68% | 8,780 | $3.0M | Reduce -2.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 3,755 | $2.8M | Add +12.9% |
| WMT Walmart Inc. | 0.62% | 24,296 | $2.8M | Add +0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.58% | 10,967 | $2.6M | Reduce -0.6% |
| RF Regions Financial Corp. | 0.58% | 85,824 | $2.6M | Add +0.0% |
| CSM Proshares Large Cap Core Plu | 0.56% | 29,276 | $2.5M | Add +0.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.49% | 4,588 | $2.2M | Add +8.1% |
| CIFR Cipher Digital Inc. | 0.46% | 84,026 | $2.1M | Add +1.6% |
| VONG Vanguard Russell 1000 Growth | 0.41% | 14,322 | $1.8M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.39% | 4,144 | $1.7M | Reduce -0.4% |
| EGP Eastgroup Properties Inc. | 0.38% | 8,300 | $1.7M | No change |
| KLAC KLA Corp. | 0.37% | 5,471 | $1.7M | Add +6.2% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.37% | 821 | $1.6M | Add +7.2% |
| JNJ Johnson & Johnson | 0.36% | 6,218 | $1.6M | Add +0.1% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.35% | 44,939 | $1.6M | Add +4.3% |
| LLY Eli Lilly & Co. | 0.35% | 1,290 | $1.5M | Add +1.2% |
| GOOGL Alphabet Inc. Class A | 0.34% | 4,276 | $1.5M | Add +3.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.33% | 11,862 | $1.5M | Add +0.1% |
| AMD Advanced Micro Devices | 0.32% | 2,469 | $1.4M | Reduce -27.7% |
| MPC Marathon Petroleum Corp. | 0.32% | 5,561 | $1.4M | Reduce -10.2% |
| FTNT Fortinet Inc. | 0.32% | 9,203 | $1.4M | Reduce -31.6% |
| IWP iShares Russell Mid-Cap Grow | 0.30% | 9,234 | $1.4M | Add +0.0% |
| AVGO Broadcom Inc. | 0.30% | 3,527 | $1.3M | Reduce -0.0% |
| TSLA Tesla Inc. | 0.29% | 3,107 | $1.3M | Reduce -4.2% |
| VXUS Vanguard Total Intl Stock | 0.29% | 15,177 | $1.3M | Reduce -2.2% |
| NVDA Nvidia Corp. | 0.29% | 6,464 | $1.3M | Add +4.2% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.29% | 34,016 | $1.3M | Add +170.8% |
| PNFP Pinnacle Financial Partners | 0.28% | 12,531 | $1.3M | Reduce -0.5% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 0.28% | 22,744 | $1.3M | Add +14.9% |
| ABBV Abbvie Inc. | 0.28% | 5,016 | $1.3M | Add +0.5% |
| LRCX Lam Research Corp. | 0.27% | 2,720 | $1.2M | New |
| PDI PIMCO Dynamic Income Fund | 0.26% | 68,006 | $1.1M | Add +17.0% |
| MELI MercadoLibre Inc. | 0.25% | 644 | $1.1M | Add +108.4% |
| GS Goldman Sachs Group Inc. | 0.25% | 1,079 | $1.1M | Add +0.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.25% | 2,982 | $1.1M | Reduce -0.1% |
| NVTS Navitas Semiconductor Corp. | 0.24% | 60,000 | $1.1M | No change |
| DE Deere & Co. | 0.24% | 1,684 | $1.1M | No change |
| COST Costco Wholesale Corp. | 0.24% | 1,130 | $1.1M | Reduce -3.0% |
| HD Home Depot Inc. | 0.24% | 2,978 | $1.1M | Reduce -0.2% |
| LIN Linde PLC | 0.23% | 1,954 | $1.0M | Add +2.2% |
| AMGN Amgen Inc. | 0.22% | 2,634 | $954K | Add +0.1% |
| MRK Merck & Co. Inc. | 0.20% | 7,052 | $906K | No change |
| PG The Procter & Gamble Co. | 0.20% | 6,172 | $905K | Add +0.4% |
| RRBI Red River Bancshares Inc. | 0.19% | 9,050 | $826K | No change |
| CGMU Cap Group Municipal Income | 0.18% | 29,866 | $820K | Reduce -22.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 2,858 | $804K | Add +6.2% |
| VIGI Vanguard Int Div App Indx FD | 0.18% | 8,591 | $802K | Add +0.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.18% | 15,526 | $784K | Add +0.6% |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 3,664 | $780K | Reduce -1.1% |
| RMD Resmed Inc. | 0.17% | 3,934 | $767K | Reduce -3.4% |
| BN Brookfield Corp. | 0.17% | 17,990 | $766K | Reduce -2.4% |
| MUNI PIMCO Intermediate Municipal | 0.17% | 14,132 | $743K | Reduce -38.6% |
| XOM Exxonmobil Holdings Corp. | 0.16% | 5,072 | $693K | Add +0.2% |
| PRTA Prothena Corp. PLC | 0.16% | 70,281 | $688K | No change |
| EFA iShares MSCI Eafe ETF | 0.15% | 6,606 | $686K | Add +0.3% |
| GE General Electric filed as GE AEROSPACE | 0.15% | 1,830 | $684K | New |
| KKR KKR & Co. Inc. | 0.15% | 7,400 | $679K | Reduce -3.9% |
| DUK Duke Energy Corp. | 0.14% | 4,954 | $627K | New |
| ITA iShares U.S. Aerospace & Def | 0.14% | 2,565 | $622K | Add +1.1% |
| CGGR Cap Group Growth Equity | 0.14% | 12,958 | $612K | Add +41.6% |
| BOND PIMCO Active Bond Exchange-T | 0.14% | 6,595 | $608K | No change |
| JPM JPMorgan Chase & Co. | 0.14% | 1,835 | $601K | Reduce -0.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.13% | 1,136 | $594K | Add +0.2% |
| ZYME Zymeworks Inc. | 0.13% | 22,095 | $578K | No change |
| GD General Dynamics Corp. | 0.13% | 1,626 | $576K | Add +1.6% |
| DHR Danaher Corp. | 0.13% | 2,983 | $568K | Add +8.1% |
| WM Waste Management Inc. | 0.13% | 2,520 | $562K | No change |
| CORZ Core Scientific Inc. | 0.13% | 21,697 | $555K | Add +20.3% |
| GLW Corning Inc. | 0.12% | 2,163 | $552K | Reduce -1.1% |
| NEM Newmont Corp. | 0.12% | 5,887 | $550K | Reduce -20.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.12% | 3,354 | $548K | No change |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.12% | 20,227 | $537K | Add +1.6% |
| NUE Nucor Corp. | 0.11% | 2,288 | $510K | Reduce -2.6% |
| NOC Northrop Grumman Corp. | 0.11% | 1,000 | $509K | No change |
| TFC Truist Financial Corp. | 0.11% | 10,088 | $503K | Add +25.6% |
Portfolio Sells Q1 2026 → Q2 2026
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -20.5% | 0.86% | −0.36 |
| VOO Vanguard S&P 500 ETF | Reduce -4.6% | 2.44% | −0.30 |
| AZO AutoZone Inc. | Reduce -0.8% | 0.86% | −0.27 |
| APLS Apellis Pharmaceuticals Inc. | Sold out | 0.00% | −0.19 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.18 |
| MUNI PIMCO Intermediate Municipal | Reduce -38.6% | 0.17% | −0.17 |
| ACN Accenture PLC Class A | Reduce -9.3% | 0.10% | −0.12 |
| FHN First Horizon Corp. | Reduce -0.1% | 1.24% | −0.11 |
| CGIE Cap Group Intl Equity | Sold out | 0.00% | −0.11 |
| CGMU Cap Group Municipal Income | Reduce -22.4% | 0.18% | −0.10 |
| NEM Newmont Corp. | Reduce -20.9% | 0.12% | −0.10 |
| MPC Marathon Petroleum Corp. | Reduce -10.2% | 0.32% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -3.0% | 0.24% | −0.08 |
| RMD Resmed Inc. | Reduce -3.4% | 0.17% | −0.08 |
| GDLC Grayscale Coindesk 5 ETF | Sold out | 0.00% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 0.58% | −0.07 |
| V Visa Inc. Class A | Reduce -2.0% | 0.68% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -5.7% | 0.90% | −0.05 |
| MNA Nylim Merger Arbtrage ETF-Ui | Reduce -13.5% | 0.11% | −0.04 |
| KKR KKR & Co. Inc. | Reduce -3.9% | 0.15% | −0.04 |
| TSLA Tesla Inc. | Reduce -4.2% | 0.29% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -2.2% | 0.29% | −0.04 |
| ABT Abbott Laboratories | Reduce -2.5% | 0.09% | −0.04 |
| HD Home Depot Inc. | Reduce -0.2% | 0.24% | −0.04 |
| BN Brookfield Corp. | Reduce -2.4% | 0.17% | −0.03 |
| COP Conocophillips | Reduce -4.7% | 0.05% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.7% | 0.09% | −0.03 |
| VONG Vanguard Russell 1000 Growth | Reduce -1.3% | 0.41% | −0.03 |
| ORCL Oracle Corp. | Reduce -4.6% | 0.10% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.1% | 0.18% | −0.02 |
| HYZD Wisdomtree Interest Rate Hed | Reduce -4.1% | 0.08% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -16.0% | 0.05% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -7.7% | 0.05% | −0.02 |
| PNFP Pinnacle Financial Partners | Reduce -0.5% | 0.28% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -0.7% | 0.14% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -0.4% | 0.08% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -11.5% | 0.07% | −0.01 |
| AFL Aflac Inc. | Reduce -0.3% | 0.06% | −0.01 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -1.7% | 0.11% | −0.01 |
| BAC Bank of America Corp. | Reduce -1.1% | 0.10% | −0.01 |
| MAA Mid-America Apartment Comm | Reduce -0.9% | 0.06% | −0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -0.1% | 0.25% | −0.00 |
| AVGO Broadcom Inc. | Reduce -0.0% | 0.30% | −0.00 |
| RPG Invesco S&P 500 Pure Growth | Reduce -3.5% | 0.06% | +0.00 |
| NUE Nucor Corp. | Reduce -2.6% | 0.11% | +0.00 |
| FTNT Fortinet Inc. | Reduce -31.6% | 0.32% | +0.01 |
| GLW Corning Inc. | Reduce -1.1% | 0.12% | +0.04 |
| UNH Unitedhealth Group Inc. | Reduce -0.4% | 0.39% | +0.08 |
| AMD Advanced Micro Devices | Reduce -27.7% | 0.32% | +0.13 |
Portfolio Buys Q1 2026 → Q2 2026
| FMDE Fidelity Enhanced Mid Cap Co. | New | 4.88% | +4.88 |
| LRCX Lam Research Corp. | New | 0.27% | +0.27 |
| SCHD Schwab US DVD Equity ETF | Add +28.8% | 2.27% | +0.17 |
| CGBL Cap Group Core Balanced | Add +170.8% | 0.29% | +0.17 |
| CIFR Cipher Digital Inc. | Add +1.6% | 0.46% | +0.17 |
| KLAC KLA Corp. | Add +6.2% | 0.37% | +0.16 |
| GE General Electric | New | 0.15% | +0.15 |
| DUK Duke Energy Corp. | New | 0.14% | +0.14 |
| GSSC Goldman Sachs Activebeta US | Add +3.8% | 3.24% | +0.10 |
| SPCX Space Exploration Techn Class A | New | 0.10% | +0.10 |
| MELI MercadoLibre Inc. | Add +108.4% | 0.25% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +8.1% | 0.49% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | Add +12.9% | 0.62% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.2% | 0.37% | +0.09 |
| NBIS Nebius Group NV | New | 0.09% | +0.09 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +15.1% | 6.71% | +0.08 |
| ROP Roper Technologies Inc. | New | 0.08% | +0.08 |
| EQT Eqt Corp. | New | 0.08% | +0.08 |
| INTC Intel Corp. | New | 0.07% | +0.07 |
| CGGO Cap Group Global Growth | New | 0.07% | +0.07 |
| HUT Hut 8 Corp. | New | 0.07% | +0.07 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.06% | +0.06 |
| ALAB Astera Labs Inc. | New | 0.06% | +0.06 |
| CSCO Cisco Systems Inc. | New | 0.06% | +0.06 |
| VCIT Vanguard Int-Term Corporate | New | 0.06% | +0.06 |
| REGL Prshrs S&P Mid 400 DVD Arist | New | 0.06% | +0.06 |
| VGVT Vanguard Govt Sec Active ETF | New | 0.05% | +0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.05% | +0.05 |
| CGDV Cap Group Dividend Value | New | 0.05% | +0.05 |
| CORZ Core Scientific Inc. | Add +20.3% | 0.13% | +0.05 |
| CGUS Cap Group Core Equity | New | 0.05% | +0.05 |
| SNOW Snowflake Inc. | New | 0.05% | +0.05 |
| FLMI Franklin Dynamic Municipal B | New | 0.05% | +0.05 |
| SITM Sitime Corp. | New | 0.05% | +0.05 |
| CGGR Cap Group Growth Equity | Add +41.6% | 0.14% | +0.04 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +21.2% | 1.11% | +0.03 |
| RLAY Relay Therapeutics Inc. | Add +21.3% | 0.06% | +0.03 |
| LLY Eli Lilly & Co. | Add +1.2% | 0.35% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 0.34% | +0.02 |
| JBL Jabil Inc. | Add +0.8% | 0.10% | +0.02 |
| TFC Truist Financial Corp. | Add +25.6% | 0.11% | +0.01 |
| GPIX GLDM SA S&P 500 PR in ETF-US | Add +14.9% | 0.28% | +0.01 |
| HIVE Hive Digital Technologies LT | Add +24.2% | 0.02% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +12.2% | 0.10% | +0.00 |
| IBM Intl Business Machines Corp. | Add +6.2% | 0.18% | +0.00 |
| CGXU Cap Group Intl Focus | Add +4.3% | 0.35% | −0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +0.1% | 0.08% | −0.00 |
| ALL Allstate Corp. | Add +0.5% | 0.08% | −0.01 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 0.25% | −0.01 |
| PM Philip Morris International | Add +0.7% | 0.06% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 172 | $443.6M | VUG, DGRW, IUSV, AVNM, FMDE |
| Q1 2026 | 154 | $360.7M | DGRW, VUG, IUSV, AVNM, AAPL |
| Q4 2025 | 170 | $402.5M | DGRW, VUG, IUSV, AVNM, AAPL |
| Q3 2025 | 164 | $355.4M | VUG, DGRW, IUSV, AAPL, SCHD |
| Q2 2025Amended | 154 | $316.8M | VUG, DGRW, SCHD, AAPL, MSFT |
| Q1 2025 | 147 | $276.8M | VUG, DGRW, SCHD, AAPL, VTV |
| Q4 2024 | 146 | $254.0M | VUG, SCHD, AAPL, DGRW, VOO |
| Q3 2024 | 129 | $181.5M | VUG, SCHD, DGRW, AAPL, MSFT |
| Q2 2024 | 63 | $118.6M | VUG, SCHD, DGRW, MSFT, FHN |
| Q1 2024 | 68 | $111.0M | VUG, SCHD, DGRW, MSFT, FHN |