Evanson Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Evanson Asset Management, LLC reported 305 stock positions worth $1.5 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 9.6% of the portfolio, followed by Sprott Physical Gold Trust (PHYS, 7.4%) and Apple (AAPL, 7.3%). Compared with Q3 2024, it opened 14 new positions, sold out of 12, added to 138 and reduced 66. The biggest buy was Roundhill Ball Metaverse ETF (METV, shares +34%) and the biggest sale Sprott Physical Gold Trust (PHYS, shares −2%).
- Most Recent 13F
- Q1 2026
- Location
- CARMEL, CA
- CIK
- 0001626379
- Portfolio Value
- $1.5B (Q4 2024)
- SEC Filing
- 0001085146-25-000238 ↗ filed Jan 16, 2025
Holdings Value
Holdings 305 stocks · $1.5B
| DFAC Dimensional US Core Equity 2 | 9.58% | 4,042,863 | $139.8M | Add +0.8% |
| PHYS Sprott Physical Gold Trust | 7.35% | 5,328,256 | $107.3M | Reduce -2.5% |
| AAPL Apple Inc. | 7.26% | 422,893 | $105.9M | Reduce -0.1% |
| DFAS Dimensional US Small Cap ETF | 4.75% | 1,064,542 | $69.3M | Add +5.8% |
| DFAX Dimensional World Ex US Core | 4.49% | 2,638,492 | $65.6M | Add +0.5% |
| DFUS Dimensional US Eq MKT ETF | 4.24% | 971,577 | $61.9M | Add +1.0% |
| DFAT Dimensional US Target Value | 4.22% | 1,107,372 | $61.6M | Reduce -0.4% |
| DFUV Dimensional US Marketwide Va | 3.75% | 1,336,680 | $54.7M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 3.18% | 160,217 | $46.4M | Add +2.3% |
| DFIV Dimensional International Va | 3.11% | 1,278,136 | $45.3M | Add +3.5% |
| METV Roundhill Ball Metaverse ETF | 2.94% | 73,319 | $42.9M | Add +33.5% |
| GOOGL Alphabet Inc. Class A | 2.57% | 198,085 | $37.5M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 2.34% | 179,218 | $34.1M | Add +0.0% |
| DFIS Dimensional International SM | 1.93% | 1,147,462 | $28.2M | Add +6.5% |
| DFSV Dimensional US Small Cap Val | 1.87% | 886,385 | $27.3M | Add +9.9% |
| DISV Dimensional International SM | 1.84% | 1,009,118 | $26.8M | Add +5.2% |
| VOO Vanguard S&P 500 ETF | 1.64% | 44,393 | $23.9M | Add +26.4% |
| DFIC Dimensional International Co. | 1.24% | 701,762 | $18.1M | Add +6.7% |
| DFAI Dimensional International Co. | 1.13% | 564,627 | $16.5M | Add +7.0% |
| VT Vanguard Tot World STK ETF | 1.09% | 135,381 | $15.9M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.01% | 67,235 | $14.8M | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.94% | 23,345 | $13.7M | Add +4.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.93% | 270,474 | $13.6M | Add +9.4% |
| ALRM Alarm.com Holdings Inc. | 0.88% | 210,086 | $12.8M | Reduce -1.9% |
| DFLV Dim US Large Cap Value ETF | 0.85% | 412,948 | $12.4M | Add +19.8% |
| DFEM Dimensional Emrg MRKT Core | 0.84% | 470,601 | $12.3M | Add +8.6% |
| DFEV Dimensional Emrg MRKT Val | 0.84% | 466,999 | $12.2M | Add +6.9% |
| MSFT Microsoft Corp. | 0.79% | 27,514 | $11.6M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 20,815 | $9.4M | Reduce -1.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.58% | 77,855 | $8.5M | Add +0.1% |
| DFGR Dim Global Real Estate ETF | 0.53% | 303,308 | $7.7M | Add +15.9% |
| DHS Wisdomtree US High Dividend | 0.52% | 81,276 | $7.6M | Reduce -4.8% |
| VYM Vanguard High DVD Yield ETF | 0.48% | 55,120 | $7.0M | Add +0.5% |
| NVDA Nvidia Corp. | 0.47% | 51,123 | $6.9M | Reduce -0.2% |
| IWB iShares Russell 1000 ETF | 0.44% | 19,794 | $6.4M | Add +0.1% |
| ACN Accenture PLC Class A | 0.43% | 17,994 | $6.3M | No change |
| CSCO Cisco Systems Inc. | 0.37% | 91,060 | $5.4M | Add +0.0% |
| DLS Wisdomtree Intl S/C DVD Fund | 0.37% | 85,456 | $5.4M | Reduce -1.2% |
| DFAR Dimensional US Real Est ETF | 0.35% | 220,894 | $5.1M | Add +3.5% |
| DFNM Dimensional National Muni BD | 0.31% | 95,834 | $4.6M | Add +0.1% |
| VNQ Vanguard Real Estate ETF | 0.31% | 50,144 | $4.5M | Reduce -1.8% |
| XLK SS Technology Select Sector | 0.29% | 18,228 | $4.2M | Reduce -0.5% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.28% | 186,370 | $4.0M | No change |
| VIG Vanguard Dividend Apprec ETF | 0.27% | 20,429 | $4.0M | Add +3.7% |
| DTH Wisdomtree International Hig | 0.25% | 97,075 | $3.7M | Reduce -8.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 21,107 | $3.6M | Add +9.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.24% | 13,022 | $3.5M | Reduce -2.2% |
| OKE Oneok Inc. | 0.24% | 34,814 | $3.5M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.23% | 8,405 | $3.4M | Reduce -16.6% |
| IVV iShares Core S&P 500 ETF | 0.23% | 5,596 | $3.3M | Reduce -2.1% |
| TSLA Tesla Inc. | 0.22% | 7,940 | $3.2M | Reduce -14.6% |
| DES Wisdomtree US Smallcap Divid | 0.22% | 92,286 | $3.2M | Add +0.1% |
| VXUS Vanguard Total Intl Stock | 0.22% | 53,446 | $3.1M | Add +11.2% |
| ABCS Alpha Blue Cap US S-M DYN | 0.20% | 100,755 | $2.9M | Add +1.7% |
| DFAW Dimensional World Eqty ETF | 0.20% | 46,003 | $2.9M | Add +38.8% |
| IVW iShares S&P 500 Growth ETF | 0.20% | 28,037 | $2.8M | Add +0.0% |
| EFA iShares MSCI Eafe ETF | 0.18% | 35,234 | $2.7M | Reduce -2.1% |
| VEA Vanguard Ftse Developed ETF | 0.18% | 54,276 | $2.6M | Add +6.5% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.18% | 25,757 | $2.6M | Add +0.5% |
| VSS Vanguard Ftse All Wo X-US SC | 0.18% | 22,476 | $2.6M | Add +2.0% |
| IJR iShares Core S&P Small-Cap E | 0.17% | 22,007 | $2.5M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.17% | 23,487 | $2.5M | Reduce -3.1% |
| IWD iShares Russell 1000 Value E | 0.17% | 13,494 | $2.5M | Reduce -5.8% |
| VGT Vanguard Info Tech ETF | 0.17% | 3,994 | $2.5M | Add +32.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.17% | 12,445 | $2.5M | Add +8.8% |
| SLV iShares Silver Trust | 0.17% | 91,753 | $2.4M | No change |
| CVX Chevron Corp. | 0.16% | 16,127 | $2.3M | Reduce -4.2% |
| EPD Enterprise Products Partners | 0.16% | 73,470 | $2.3M | Add +0.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.16% | 32,640 | $2.3M | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 5,585 | $2.3M | Reduce -12.5% |
| DUHP Dimensional US High Profi Et | 0.15% | 66,886 | $2.3M | Add +15.8% |
| VPL Vanguard Ftse Pacific ETF | 0.15% | 30,363 | $2.2M | Add +0.3% |
| DVY iShares Select Dividend ETF | 0.15% | 16,306 | $2.1M | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 47,540 | $2.1M | Add +2.6% |
| BND Vanguard Total Bond Market | 0.14% | 28,929 | $2.1M | Add +0.7% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.14% | 30,492 | $2.1M | No change |
| ADBE Adobe Inc. | 0.14% | 4,472 | $2.0M | Add +317.2% |
| DIHP Dimensional International Hi | 0.14% | 78,113 | $2.0M | Add +15.3% |
| BSV Vanguard Short-Term Bond ETF | 0.13% | 25,414 | $2.0M | Add +0.6% |
| VGK Vanguard Ftse Europe ETF | 0.13% | 30,932 | $2.0M | Add +0.2% |
| JNJ Johnson & Johnson | 0.13% | 13,407 | $1.9M | Add +0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.13% | 8,016 | $1.9M | Add +38.0% |
| XYZ Block Inc. | 0.13% | 22,500 | $1.9M | Reduce -0.0% |
| DFAE Dimensional Emerging Core Eq | 0.13% | 75,153 | $1.9M | Add +6.1% |
| IWC iShares Micro-Cap ETF | 0.12% | 13,529 | $1.8M | Add +0.1% |
| AVGE Avantis All Eqty Mrkts ETF | 0.12% | 23,620 | $1.7M | Add +1.1% |
| IYR iShares US Real Estate ETF | 0.12% | 18,340 | $1.7M | Add +0.2% |
| VDE Vanguard Energy ETF | 0.11% | 13,694 | $1.7M | Add +0.7% |
| VCR Vanguard Consumer Discre ETF | 0.11% | 4,358 | $1.6M | Add +0.3% |
| AMD Advanced Micro Devices | 0.11% | 13,524 | $1.6M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 0.11% | 9,639 | $1.6M | Add +0.0% |
| VFH Vanguard Financials ETF | 0.11% | 13,547 | $1.6M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.11% | 56,715 | $1.5M | Add +28.9% |
| DFCF Dimensional Core Fixed Inc. | 0.10% | 36,919 | $1.5M | Add +5.1% |
| SCHX Schwab US Large-Cap ETF | 0.10% | 65,637 | $1.5M | No change |
| AVDV Avantis Intl S/C Value ETF | 0.10% | 23,180 | $1.5M | Add +21.0% |
| APPF Appfolio Inc. Class A | 0.10% | 6,000 | $1.5M | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.10% | 6,649 | $1.4M | Add +0.1% |
| SCHF Schwab Intl Equity ETF | 0.09% | 74,869 | $1.4M | Add +1.5% |
| AVDE Avantis International Equity | 0.09% | 22,276 | $1.4M | Add +0.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $597K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 245 | $299K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 250 | $299K | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2024 → Q4 2024
| PHYS Sprott Physical Gold Trust | Reduce -2.5% | 7.35% | −0.51 |
| DFAT Dimensional US Target Value | Reduce -0.4% | 4.22% | −0.14 |
| DTH Wisdomtree International Hig | Reduce -8.2% | 0.25% | −0.06 |
| DLS Wisdomtree Intl S/C DVD Fund | Reduce -1.2% | 0.37% | −0.05 |
| MSFT Microsoft Corp. | Reduce -1.0% | 0.79% | −0.05 |
| SCTXX Schwab Amt Tax FR MNY-Ultra | Sold out | 0.00% | −0.05 |
| AMD Advanced Micro Devices | Reduce -1.3% | 0.11% | −0.05 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.05 |
| DHS Wisdomtree US High Dividend | Reduce -4.8% | 0.52% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -1.8% | 0.31% | −0.04 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 0.65% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -16.6% | 0.23% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -2.1% | 0.18% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -3.1% | 0.17% | −0.03 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.02 |
| MLPA Global X MLP ETF | Sold out | 0.00% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -5.8% | 0.17% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -33.3% | 0.03% | −0.02 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.02 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -2.4% | 0.09% | −0.02 |
| BSJO Invesco Bulletshares 2024 HY | Sold out | 0.00% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.9% | 0.08% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -12.5% | 0.16% | −0.02 |
| MMM 3M Co. | Sold out | 0.00% | −0.02 |
| CVX Chevron Corp. | Reduce -4.2% | 0.16% | −0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -30.0% | 0.02% | −0.01 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.01 |
| WMT Walmart Inc. | Reduce -26.4% | 0.06% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -25.2% | 0.02% | −0.01 |
| SMR Nuscale Power Corp. | Reduce -65.6% | 0.01% | −0.01 |
| DEM Wisdomtree Emerging Markets | Reduce -1.2% | 0.09% | −0.01 |
| DGS Wisdomtree Em Small Cap | Reduce -2.4% | 0.07% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -3.3% | 0.06% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -0.7% | 0.07% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -3.3% | 0.05% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -20.8% | 0.02% | −0.01 |
| DEHP Dimensional Emrg MRK Hi Prof | Reduce -0.3% | 0.07% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -2.1% | 0.23% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -2.2% | 0.24% | −0.01 |
| MDB Mongodb Inc. | Reduce -12.1% | 0.02% | −0.01 |
| MCD McDonald's Corp. | Reduce -1.7% | 0.06% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -37.5% | 0.02% | −0.01 |
| INTC Intel Corp. | Reduce -8.3% | 0.02% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -9.6% | 0.08% | −0.01 |
| CORT Corcept Therapeutics Inc. | Reduce -10.8% | 0.07% | −0.00 |
| TJX TJX Companies Inc. | Reduce -23.2% | 0.01% | −0.00 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -3.4% | 0.06% | −0.00 |
| ADP Automatic Data Processing | Reduce -21.9% | 0.02% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| METV Roundhill Ball Metaverse ETF | Add +33.5% | 2.94% | +0.96 |
| VOO Vanguard S&P 500 ETF | Add +26.4% | 1.64% | +0.33 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 2.34% | +0.22 |
| DFAS Dimensional US Small Cap ETF | Add +5.8% | 4.75% | +0.14 |
| DFSV Dimensional US Small Cap Val | Add +9.9% | 1.87% | +0.12 |
| DFLV Dim US Large Cap Value ETF | Add +19.8% | 0.85% | +0.10 |
| ADBE Adobe Inc. | Add +317.2% | 0.14% | +0.10 |
| DXIV Dimensional Intr Vtor E ETF | New | 0.06% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.3% | 3.18% | +0.05 |
| DFAW Dimensional World Eqty ETF | Add +38.8% | 0.20% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +32.8% | 0.17% | +0.05 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +96.3% | 0.09% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +9.4% | 0.93% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.9% | 0.94% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +38.0% | 0.13% | +0.03 |
| DJP Ipath Bloomberg Commodity Inc. | New | 0.03% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +133.8% | 0.05% | +0.03 |
| CSCO Cisco Systems Inc. | Add +0.0% | 0.37% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +44.0% | 0.09% | +0.03 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.03% | +0.03 |
| VTIP Vanguard Short-Term Tips | Add +74.0% | 0.06% | +0.02 |
| DFUS Dimensional US Eq MKT ETF | Add +1.0% | 4.24% | +0.02 |
| DXUV Dimensional US Vtor Eqty ETF | New | 0.02% | +0.02 |
| BIV Vanguard Intermediate-Term B | Add +66.2% | 0.06% | +0.02 |
| FLOT iShares Floating Rate Bond E | New | 0.02% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +28.9% | 0.11% | +0.02 |
| OKTA Okta Inc. | New | 0.02% | +0.02 |
| WDAY Workday Inc. Class A | Add +45.0% | 0.05% | +0.02 |
| COP Conocophillips | New | 0.02% | +0.02 |
| AVRE Avantis Real Estate ETF | New | 0.02% | +0.02 |
| DUHP Dimensional US High Profi Et | Add +15.8% | 0.15% | +0.02 |
| SCHG Schwab US Large-Cap Growth | Add +65.7% | 0.04% | +0.02 |
| OKE Oneok Inc. | Add +0.1% | 0.24% | +0.02 |
| AVGV Avantis All Eq MKTS Val ETF | Add +32.9% | 0.08% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | New | 0.01% | +0.01 |
| ARCC Ares Capital Corp. | New | 0.01% | +0.01 |
| GS Goldman Sachs Group Inc. | New | 0.01% | +0.01 |
| ILCB iShares Morningstar U.S. Equ | New | 0.01% | +0.01 |
| AVIV Avantis Intl LRG Cap Val ETF | Add +40.4% | 0.05% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +73.8% | 0.02% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.8% | 0.24% | +0.01 |
| AVDV Avantis Intl S/C Value ETF | Add +21.0% | 0.10% | +0.01 |
| VCR Vanguard Consumer Discre ETF | Add +0.3% | 0.11% | +0.01 |
| EPD Enterprise Products Partners | Add +0.4% | 0.16% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +8.8% | 0.17% | +0.01 |
| VFH Vanguard Financials ETF | Add +1.1% | 0.11% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.20% | +0.01 |
| KMI Kinder Morgan Inc. | Add +0.4% | 0.02% | +0.00 |
| IWM iShares Russell 2000 ETF | Add +7.6% | 0.08% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 319 | $1.9B | DFAC, VBIL, PHYS, DFAS, DFAX |
| Q4 2025 | 324 | $1.9B | DFAC, VBIL, PHYS, DFAS, DFAX |
| Q3 2025 | 321 | $1.8B | DFAC, PHYS, VBIL, DFAS, AAPL |
| Q2 2025 | 323 | $1.6B | DFAC, PHYS, VBIL, DFAX, AAPL |
| Q1 2025 | 305 | $1.4B | DFAC, PHYS, AAPL, DFAS, DFAX |
| Q4 2024 | 305 | $1.5B | DFAC, PHYS, AAPL, DFAS, DFAX |
| Q3 2024 | 303 | $1.4B | DFAC, PHYS, AAPL, DFAX, DFAS |
| Q2 2024 | 297 | $1.4B | DFAC, PHYS, AAPL, DFAX, METV |
| Q1 2024 | 305 | $1.3B | DFAC, PHYS, AAPL, DFAX, DFAT |