Duncan Williams Asset Management, LLC

Name: Duncan Williams Asset Management, LLC 13F holdings, Q3 2024
Creator: Duncan Williams Asset Management, LLC
Published: 2024-10-03

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 3, 2024), Duncan Williams Asset Management, LLC reported 129 stock positions worth $181.5 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 18.1% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 13.5%) and Wisdomtree U.S. Quality Divi (DGRW, 6.8%). Compared with Q2 2024, it opened 67 new positions, sold out of 1, added to 51 and reduced 9. The biggest buy was Apple (AAPL, shares +187%) and the biggest sale Mastercard Class A (MA, shares −5%).

Most Recent 13F: Q2 2026
Location: MEMPHIS, TN
CIK: 0002011771
Portfolio Value: $181.5M (Q3 2024)
SEC Filing: 0001765380-24-000387 ↗ filed Oct 3, 2024

Holdings Value

Holdings 129 stocks · $181.5M


VUG Vanguard Mrngstar GR ETF-Sui	18.08%	85,472	$32.8M	Add +14.6%
SCHD Schwab US DVD Equity ETF	13.51%	290,090	$24.5M	Add +3.5%
DGRW Wisdomtree U.S. Quality Divi	6.84%	149,126	$12.4M	Add +30.5%
AAPL Apple Inc.	4.28%	33,363	$7.8M	Add +187.4%
MSFT Microsoft Corp.	3.98%	16,784	$7.2M	Add +9.6%
FHN First Horizon Corp.	3.17%	370,615	$5.8M	Add +6.6%
QQQ Invesco QQQ Trust Series 1	2.95%	10,962	$5.4M	Add +13.3%
VTV Vanguard Mrngstr Val ETF-Aui	2.14%	22,213	$3.9M	New
AZO AutoZone Inc.	1.77%	1,017	$3.2M	Add +50.9%
AMZN Amazon.com Inc.	1.35%	13,123	$2.4M	Add +33.3%
VIG Vanguard Dividend Apprec ETF	1.34%	12,320	$2.4M	Add +8.0%
CSM Proshares Large Cap Core Plu	1.08%	29,941	$2.0M	New
PDI PIMCO Dynamic Income Fund	0.98%	87,956	$1.8M	New
KKR KKR & Co. Inc.	0.95%	13,150	$1.7M	Reduce -2.8%
MUNI PIMCO Intermediate Municipal	0.89%	30,530	$1.6M	Add +0.9%
V Visa Inc. Class A	0.86%	5,681	$1.6M	Add +21.8%
EGP Eastgroup Properties Inc.	0.85%	8,300	$1.6M	New
VYMI Vanguard Int High DVD YLD Inc.	0.84%	20,874	$1.5M	Add +8.1%
UNH Unitedhealth Group Inc.	0.83%	2,574	$1.5M	Add +25.8%
XMHQ Invesco S&P Midcap Qual ETF	0.81%	14,333	$1.5M	Add +8.0%
MA Mastercard Inc. Class A	0.77%	2,823	$1.4M	Reduce -5.1%
NVDA Nvidia Corp.	0.76%	11,418	$1.4M	Add +30.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.75%	2,359	$1.4M	Add +17.5%
HD Home Depot Inc.	0.71%	3,185	$1.3M	Add +41.8%
EFG iShares MSCI Eafe Growth ETF	0.69%	11,702	$1.3M	New
PNFP Pinnacle Financial Partners	0.69%	12,828	$1.3M	Add +1.5%
ACN Accenture PLC Class A	0.65%	3,343	$1.2M	Add +2.4%
FDX FedEx Corp.	0.64%	4,264	$1.2M	Add +187.3%
DHR Danaher Corp.	0.64%	4,176	$1.2M	Add +103.8%
RF Regions Financial Corp.	0.61%	47,356	$1.1M	Add +327.4%
IWP iShares Russell Mid-Cap Grow	0.59%	9,119	$1.1M	New
PHM Pultegroup Inc.	0.57%	7,229	$1.0M	Add +0.7%
GSSC Goldman Sachs Activebeta US	0.56%	14,651	$1.0M	Add +13.2%
MPC Marathon Petroleum Corp.	0.56%	6,188	$1.0M	Add +20.1%
LMT Lockheed Martin Corp.	0.54%	1,662	$971K	Reduce -12.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.49%	2,099	$888K	Add +20.7%
WMT Walmart Inc.	0.48%	10,804	$872K	Add +23.5%
FTNT Fortinet Inc.	0.48%	11,223	$870K	Add +5.9%
VIGI Vanguard Int Div App Indx FD	0.47%	9,693	$856K	Add +2.9%
ABBV Abbvie Inc.	0.46%	4,260	$841K	Add +135.9%
PEP Pepsico Inc.	0.46%	4,922	$837K	Add +25.8%
CMCSA Comcast Corp. Class A	0.46%	20,012	$836K	Add +7.0%
RMD Resmed Inc.	0.46%	3,403	$831K	Add +4.9%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.45%	3,071	$821K	New
PRTA Prothena Corp. PLC	0.45%	48,749	$816K	New
CPRT Copart Inc.	0.45%	15,437	$809K	Add +1.3%
COST Costco Wholesale Corp.	0.44%	901	$799K	Add +10.6%
AMGN Amgen Inc.	0.41%	2,295	$740K	Add +10.6%
IGHG Proshares Ig Hedged	0.41%	9,546	$735K	New
JNJ Johnson & Johnson	0.40%	4,523	$733K	Add +107.6%
BN Brookfield Corp.	0.39%	13,343	$709K	Add +4.5%
XOM Exxon Mobil Corp.	0.37%	5,740	$673K	Add +129.7%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT	0.37%	24,914	$672K	Add +104.4%
CRM Salesforce Inc.	0.35%	2,294	$628K	New
TFC Truist Financial Corp.	0.34%	14,550	$622K	Add +80.9%
APLS Apellis Pharmaceuticals Inc.	0.34%	21,125	$609K	New
DE Deere & Co.	0.33%	1,442	$602K	New
JBL Jabil Inc.	0.33%	4,961	$595K	Reduce -19.8%
USFD US Foods Holding Corp.	0.32%	9,487	$583K	Add +16.3%
HYZD Wisdomtree Interest Rate Hed	0.32%	26,341	$583K	New
BIV Vanguard Intermediate-Term B	0.32%	7,425	$582K	New
WDAY Workday Inc. Class A	0.31%	2,330	$570K	Add +24.4%
CIFR Cipher Digital Inc.	0.30%	143,000	$553K	New
MNA Nylim Merger Arbtrage ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET	0.30%	16,600	$546K	New
AMD Advanced Micro Devices	0.30%	3,287	$539K	Add +8.7%
XRN Global Medical REIT Inc.	0.30%	54,310	$538K	New
NOC Northrop Grumman Corp.	0.29%	1,000	$528K	No change
VB Vanguard Most SM-Cap ETF-Usd	0.29%	2,224	$528K	New
LIN Linde PLC	0.29%	1,101	$525K	Add +7.8%
MRK Merck & Co. Inc.	0.29%	4,611	$524K	New
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.28%	15,120	$504K	New
GOOGL Alphabet Inc. Class A	0.28%	3,036	$504K	New
BRK.B Berkshire Hathaway Inc. Class B	0.27%	1,073	$494K	New
RGLD Royal Gold Inc.	0.26%	3,411	$479K	Add +1.9%
WM Waste Management Inc.	0.23%	2,020	$419K	Reduce -0.3%
ITA iShares U.S. Aerospace & Def	0.23%	2,755	$412K	Reduce -2.0%
ABT Abbott Laboratories	0.22%	3,519	$401K	New
AVGO Broadcom Inc.	0.22%	2,325	$401K	New
CWB SS SPDR BB Conv Sec ETF	0.22%	5,160	$395K	New
META Meta Platforms Inc. Class A	0.22%	686	$393K	New
RRBI Red River Bancshares Inc.	0.21%	7,500	$390K	New
BSV Vanguard Short-Term Bond ETF	0.21%	4,952	$390K	New
MGV Vngrd Mrgstr MG CP VL ETF-Ui	0.21%	3,006	$386K	No change
IBIT iShares Bitcoin Trust ETF	0.21%	10,600	$383K	New
IWR iShares Russell Mid-Cap ETF	0.20%	4,216	$372K	New
RNST Renasant Corp.	0.20%	11,115	$361K	Add +19.9%
EFA iShares MSCI Eafe ETF	0.20%	4,249	$355K	New
GOOG Alphabet Inc. Class C	0.19%	2,103	$352K	Add +15.6%
KO The Coca-Cola Co.	0.19%	4,730	$340K	New
WFC Wells Fargo & Co.	0.19%	5,981	$338K	New
ICVT iShares Convertible Bond ETF	0.18%	4,001	$335K	New
BOND PIMCO Active Bond Exchange-T	0.18%	3,532	$334K	New
PFE Pfizer Inc.	0.18%	11,207	$324K	New
DOC Healthpeak Properties Inc.	0.18%	14,067	$322K	New
VNQ Vanguard Real Estate ETF	0.18%	3,281	$320K	New
VZ Verizon Communications Inc.	0.18%	7,082	$318K	New
LHX L3HARRIS Technologies Inc.	0.17%	1,317	$313K	Add +1.3%
PDBC Invesco Optimum Yield Divers	0.17%	23,147	$311K	New
MAA Mid-America Apartment Comm	0.17%	1,928	$306K	New
PSX Phillips 66	0.17%	2,322	$305K	Add +16.1%

Show all 129 holdings

Portfolio Sells Q2 2024 → Q3 2024


MA Mastercard Inc. Class A	Reduce -5.1%	0.77%	−0.34
CSCO Cisco Systems Inc.	Reduce -64.0%	0.12%	−0.33
KKR KKR & Co. Inc.	Reduce -2.8%	0.95%	−0.25
JBL Jabil Inc.	Reduce -19.8%	0.33%	−0.24
ADP Automatic Data Processing	Sold out	0.00%	−0.24
LMT Lockheed Martin Corp.	Reduce -12.5%	0.54%	−0.21
WM Waste Management Inc.	Reduce -0.3%	0.23%	−0.13
ITA iShares U.S. Aerospace & Def	Reduce -2.0%	0.23%	−0.09
IVV iShares Core S&P 500 ETF	Reduce -13.8%	0.12%	−0.08
YUM Yum! Brands Inc.	Reduce -1.9%	0.16%	−0.08

Portfolio Buys Q2 2024 → Q3 2024


AAPL Apple Inc.	Add +187.4%	4.28%	+2.22
VTV Vanguard Mrngstr Val ETF-Aui	New	2.14%	+2.14
CSM Proshares Large Cap Core Plu	New	1.08%	+1.08
PDI PIMCO Dynamic Income Fund	New	0.98%	+0.98
EGP Eastgroup Properties Inc.	New	0.85%	+0.85
EFG iShares MSCI Eafe Growth ETF	New	0.69%	+0.69
IWP iShares Russell Mid-Cap Grow	New	0.59%	+0.59
VBK Van Morst SML-Cap Gro-Usd Inc.	New	0.45%	+0.45
PRTA Prothena Corp. PLC	New	0.45%	+0.45
RF Regions Financial Corp.	Add +327.4%	0.61%	+0.42
IGHG Proshares Ig Hedged	New	0.41%	+0.41
CRM Salesforce Inc.	New	0.35%	+0.35
APLS Apellis Pharmaceuticals Inc.	New	0.34%	+0.34
DE Deere & Co.	New	0.33%	+0.33
HYZD Wisdomtree Interest Rate Hed	New	0.32%	+0.32
BIV Vanguard Intermediate-Term B	New	0.32%	+0.32
CIFR Cipher Digital Inc.	New	0.30%	+0.30
MNA Nylim Merger Arbtrage ETF-Ui	New	0.30%	+0.30
XRN Global Medical REIT Inc.	New	0.30%	+0.30
VB Vanguard Most SM-Cap ETF-Usd	New	0.29%	+0.29
MRK Merck & Co. Inc.	New	0.29%	+0.29
VICI Vici Properties Inc.	New	0.28%	+0.28
GOOGL Alphabet Inc. Class A	New	0.28%	+0.28
BRK.B Berkshire Hathaway Inc. Class B	New	0.27%	+0.27
FDX FedEx Corp.	Add +187.3%	0.64%	+0.27
ABT Abbott Laboratories	New	0.22%	+0.22
AVGO Broadcom Inc.	New	0.22%	+0.22
CWB SS SPDR BB Conv Sec ETF	New	0.22%	+0.22
META Meta Platforms Inc. Class A	New	0.22%	+0.22
RRBI Red River Bancshares Inc.	New	0.21%	+0.21
BSV Vanguard Short-Term Bond ETF	New	0.21%	+0.21
IBIT iShares Bitcoin Trust ETF	New	0.21%	+0.21
DHR Danaher Corp.	Add +103.8%	0.64%	+0.21
IWR iShares Russell Mid-Cap ETF	New	0.20%	+0.20
ABBV Abbvie Inc.	Add +135.9%	0.46%	+0.20
EFA iShares MSCI Eafe ETF	New	0.20%	+0.20
KO The Coca-Cola Co.	New	0.19%	+0.19
WFC Wells Fargo & Co.	New	0.19%	+0.19
ICVT iShares Convertible Bond ETF	New	0.18%	+0.18
BOND PIMCO Active Bond Exchange-T	New	0.18%	+0.18
PFE Pfizer Inc.	New	0.18%	+0.18
DOC Healthpeak Properties Inc.	New	0.18%	+0.18
VNQ Vanguard Real Estate ETF	New	0.18%	+0.18
VZ Verizon Communications Inc.	New	0.18%	+0.18
PDBC Invesco Optimum Yield Divers	New	0.17%	+0.17
MAA Mid-America Apartment Comm	New	0.17%	+0.17
IRM Iron Mountain Inc.	New	0.16%	+0.16
ANAB Anaptysbio Inc.	New	0.16%	+0.16
IEI iShares 3-7 Year Treasury Bo	New	0.15%	+0.15
NUE Nucor Corp.	New	0.15%	+0.15

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