Evolution Advisers, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Evolution Advisers, Inc. reported 184 stock positions worth $169.4 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 15.4% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 14.8%) and Vanguard Mrngstr Val ETF-Aui (VTV, 12.0%). Compared with Q4 2023, it opened 12 new positions, sold out of 48, added to 42 and reduced 29. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +4%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001906967
- Portfolio Value
- $169.4M (Q1 2024)
- SEC Filing
- 0001792704-24-000004 ↗ filed May 3, 2024
Holdings Value
Holdings 184 stocks · $169.4M
| VEA Vanguard Ftse Developed ETF | 15.39% | 519,669 | $26.1M | Add +3.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 14.81% | 72,878 | $25.1M | Reduce -0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 12.03% | 125,139 | $20.4M | Add +1.3% |
| BNDX Vanguard Total Intl Bond ETF | 11.13% | 383,383 | $18.9M | Add +8.8% |
| BSV Vanguard Short-Term Bond ETF | 7.56% | 167,093 | $12.8M | Add +4.3% |
| VWO Vanguard Ftse Emerging Marke | 5.54% | 224,779 | $9.4M | Add +6.0% |
| VMBS Vanguard Mortgage-Backed Sec | 4.85% | 180,060 | $8.2M | Add +6.1% |
| BLV Vanguard Long-Term Bond ETF | 4.43% | 103,685 | $7.5M | Add +9.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.65% | 27,051 | $6.2M | Add +0.9% |
| BIV Vanguard Intermediate-Term B | 3.09% | 69,446 | $5.2M | Add +4.3% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 2.42% | 131,887 | $4.1M | Add +0.7% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 1.55% | 34,428 | $2.6M | Reduce -6.5% |
| NULV Nuveen ESG Large-Cap Val ETF | 1.12% | 48,976 | $1.9M | Add +0.3% |
| PWV Invesco Large Cap Value ETF | 0.83% | 24,696 | $1.4M | No change |
| SCHX Schwab US Large-Cap ETF | 0.77% | 21,039 | $1.3M | No change |
| NUEM Nuveen ESG Emerging Markets | 0.72% | 44,394 | $1.2M | Add +11.5% |
| VOO Vanguard S&P 500 ETF | 0.72% | 2,526 | $1.2M | Add +3.0% |
| NUBD Nuveen ESG US Aggregate Bond | 0.66% | 51,210 | $1.1M | Add +13.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.59% | 19,594 | $992K | Reduce -1.5% |
| AAPL Apple Inc. | 0.56% | 5,490 | $942K | No change |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.36% | 2,560 | $604K | No change |
| NUSC Nuveen ESG Small-Cap ETF | 0.35% | 14,215 | $592K | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 0.33% | 4,819 | $561K | Add +0.3% |
| UNP Union Pacific Corp. | 0.32% | 2,206 | $543K | No change |
| DFAC Dimensional US Core Equity 2 | 0.31% | 16,680 | $533K | No change |
| WFC Wells Fargo & Co. | 0.23% | 6,811 | $395K | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 905 | $381K | No change |
| VXUS Vanguard Total Intl Stock | 0.21% | 5,831 | $352K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.20% | 4,454 | $345K | No change |
| ORI Old Republic Intl Corp. | 0.18% | 9,671 | $298K | No change |
| GNW Genworth Financial Inc. | 0.16% | 41,111 | $265K | Add +170.7% |
| KMB Kimberly-Clark Corp. | 0.15% | 2,009 | $260K | No change |
| SCHF Schwab Intl Equity ETF | 0.14% | 6,152 | $241K | Reduce -2.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.14% | 5,172 | $238K | Add +0.2% |
| VT Vanguard Tot World STK ETF | 0.14% | 2,141 | $237K | Add +59.2% |
| VYM Vanguard High DVD Yield ETF | 0.14% | 1,910 | $232K | Reduce -1.1% |
| WMT Walmart Inc. | 0.12% | 3,469 | $209K | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 0.12% | 1,320 | $200K | No change |
| D Dominion Energy Inc. | 0.12% | 4,010 | $198K | Reduce -13.6% |
| ELV Elevance Health Inc. | 0.11% | 350 | $182K | Reduce -2.8% |
| MSFT Microsoft Corp. | 0.10% | 403 | $170K | Reduce -5.0% |
| HD Home Depot Inc. | 0.10% | 440 | $169K | No change |
| NI Nisource Inc. | 0.10% | 5,932 | $165K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 32,473 | $159K | Add +5413.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.09% | 5,689 | $144K | Reduce -4.4% |
| AMZN Amazon.com Inc. | 0.08% | 768 | $139K | Reduce -2.3% |
| VOOV Vanguard S&P 500 Value ETF | 0.08% | 744 | $135K | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.08% | 651 | $131K | No change |
| TSLA Tesla Inc. | 0.08% | 741 | $131K | No change |
| SCHM Schwab US Mid Cap ETF | 0.07% | 1,397 | $114K | No change |
| TFC Truist Financial Corp. | 0.07% | 74,849 | $114K | Add +4860.2% |
| MKL Markel Group Inc. | 0.06% | 73 | $110K | Add +2.8% |
| SYK Stryker Corp. | 0.06% | 300 | $108K | No change |
| TDY Teledyne Technologies Inc. | 0.06% | 250 | $108K | No change |
| V Visa Inc. Class A | 0.06% | 381 | $107K | No change |
| LOW Lowe's Cos Inc. | 0.06% | 413 | $106K | No change |
| SCHG Schwab US Large-Cap Growth | 0.06% | 1,108 | $103K | Reduce -10.9% |
| MA Mastercard Inc. Class A | 0.06% | 205 | $99K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.06% | 1,649 | $97K | Reduce -28.5% |
| SCHA Schwab US Small-Cap ETF | 0.06% | 1,936 | $96K | No change |
| PEP Pepsico Inc. | 0.06% | 542 | $95K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 179 | $94K | No change |
| J Jacobs Solutions Inc. | 0.05% | 600 | $93K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 160 | $93K | No change |
| GOOG Alphabet Inc. Class C | 0.05% | 603 | $92K | Add +0.5% |
| CW Curtiss-Wright Corp. | 0.05% | 350 | $90K | No change |
| PG The Procter & Gamble Co. | 0.05% | 540 | $88K | No change |
| VXF Vanguard Extended Market ETF | 0.05% | 498 | $88K | No change |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.05% | 706 | $87K | Add +1.1% |
| ACN Accenture PLC Class A | 0.04% | 214 | $75K | No change |
| HSY The Hershey Co. | 0.04% | 378 | $74K | Add +0.3% |
| CSCO Cisco Systems Inc. | 0.04% | 1,433 | $72K | Add +0.3% |
| SCHB Schwab US Broad Market ETF | 0.04% | 1,134 | $70K | Add +50.0% |
| BNDW Vanguard Total World Bond Et | 0.04% | 996 | $69K | Add +35.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.04% | 271 | $68K | Reduce -4.2% |
| XMMO Invesco S&P Midcap Momentum | 0.04% | 570 | $66K | Add +0.2% |
| COF Capital One Financial Corp. | 0.04% | 431 | $65K | Reduce -41.3% |
| JNJ Johnson & Johnson | 0.04% | 401 | $64K | Add +0.3% |
| DFAU Dimensional US Core Equity M | 0.04% | 1,699 | $63K | No change |
| PSX Phillips 66 | 0.04% | 383 | $63K | No change |
| SEIC Sei Investments Company | 0.04% | 873 | $63K | No change |
| ADBE Adobe Inc. | 0.04% | 119 | $61K | Reduce -12.5% |
| LMT Lockheed Martin Corp. | 0.04% | 132 | $61K | No change |
| AVGO Broadcom Inc. | 0.04% | 45 | $60K | No change |
| AMGN Amgen Inc. | 0.03% | 200 | $57K | No change |
| VOOG Vanguard S&P 500 Growth ETF | 0.03% | 176 | $54K | No change |
| IVV iShares Core S&P 500 ETF | 0.03% | 100 | $53K | No change |
| ESGD iShares Trust iShares ESG Aw | 0.03% | 650 | $52K | No change |
| IJR iShares Core S&P Small-Cap E | 0.03% | 444 | $50K | No change |
| NTR Nutrien Ltd. | 0.03% | 867 | $48K | No change |
| ORCL Oracle Corp. | 0.03% | 380 | $48K | No change |
| FIW First Trust Water ETF | 0.03% | 456 | $47K | No change |
| ETN Eaton Corp. PLC | 0.03% | 150 | $47K | No change |
| MCK McKesson Corp. | 0.03% | 83 | $45K | No change |
| ADP Automatic Data Processing | 0.03% | 176 | $44K | No change |
| CEG Constellation Energy | 0.03% | 232 | $43K | Add +0.4% |
| IDCC Interdigital Inc. | 0.03% | 400 | $43K | No change |
| UNH Unitedhealth Group Inc. | 0.02% | 75 | $38K | Reduce -1.3% |
| DAL Delta Air Lines Inc. | 0.02% | 759 | $37K | No change |
| KNSL Kinsale Capital Group Inc. | 0.02% | 67 | $36K | Reduce -50.4% |
Portfolio Sells Q4 2023 → Q1 2024
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -1.5% | 0.59% | −0.06 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -6.5% | 1.55% | −0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.03 |
| D Dominion Energy Inc. | Reduce -13.6% | 0.12% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -99.6% | 0.00% | −0.03 |
| NUSC Nuveen ESG Small-Cap ETF | Reduce -5.6% | 0.35% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -28.5% | 0.06% | −0.02 |
| COF Capital One Financial Corp. | Reduce -41.3% | 0.04% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.02 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.02 |
| VCLT Vanguard Long-Term Corp. Bond | Sold out | 0.00% | −0.02 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.01 |
| ADBE Adobe Inc. | Reduce -12.5% | 0.04% | −0.01 |
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −0.01 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.01 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.01 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.01 |
| CLX Clorox Company | Sold out | 0.00% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.01 |
| BA The Boeing Co. | Reduce -32.7% | 0.01% | −0.01 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.01 |
| KNSL Kinsale Capital Group Inc. | Reduce -50.4% | 0.02% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -4.4% | 0.09% | −0.01 |
| CGW Invesco S&P Global Water Ind | Sold out | 0.00% | −0.01 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.01 |
| PIO Invesco Global Water ETF | Sold out | 0.00% | −0.01 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.01 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.01 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Sold out | 0.00% | −0.01 |
| VAW Vanguard Materials ETF | Sold out | 0.00% | −0.01 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.01 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.00 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.00 |
| MFA Mfa Financial Inc. | Sold out | 0.00% | −0.00 |
| PK Park Hotels & Resorts Inc. | Sold out | 0.00% | −0.00 |
| SCHG Schwab US Large-Cap Growth | Reduce -10.9% | 0.06% | −0.00 |
| KO The Coca-Cola Co. | Reduce -98.2% | 0.00% | −0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -2.0% | 0.14% | −0.00 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −0.00 |
| TWO Two Harbors Investment Corp. | Sold out | 0.00% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -1.3% | 0.02% | −0.00 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.00 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.00 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.00 |
| ELV Elevance Health Inc. | Reduce -2.8% | 0.11% | −0.00 |
| SHOP Shopify Inc. Class A | Reduce -90.0% | 0.00% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -4.2% | 0.04% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| VEA Vanguard Ftse Developed ETF | Add +3.6% | 15.39% | +0.23 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.3% | 12.03% | +0.17 |
| GNW Genworth Financial Inc. | Add +170.7% | 0.16% | +0.09 |
| BNDX Vanguard Total Intl Bond ETF | Add +8.8% | 11.13% | +0.07 |
| VT Vanguard Tot World STK ETF | Add +59.2% | 0.14% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +6.0% | 5.54% | +0.05 |
| NUEM Nuveen ESG Emerging Markets | Add +11.5% | 0.72% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +3.0% | 0.72% | +0.04 |
| TFC Truist Financial Corp. | Add +4860.2% | 0.07% | +0.03 |
| NUBD Nuveen ESG US Aggregate Bond | Add +13.0% | 0.66% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.9% | 3.65% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.3% | 0.33% | +0.02 |
| SCHB Schwab US Broad Market ETF | Add +50.0% | 0.04% | +0.01 |
| BNDW Vanguard Total World Bond Et | Add +35.9% | 0.04% | +0.01 |
| CEG Constellation Energy | Add +0.4% | 0.03% | +0.01 |
| XMMO Invesco S&P Midcap Momentum | Add +0.2% | 0.04% | +0.01 |
| WMT Walmart Inc. | Add +0.5% | 0.12% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +5413.2% | 0.09% | +0.01 |
| TROW T Rowe Price Group Inc. | Add +1.1% | 0.05% | +0.00 |
| BND Vanguard Total Bond Market | Add +135.0% | 0.00% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 0.05% | +0.00 |
| ARRY Array Technologies Inc. | New | 0.00% | +0.00 |
| CLNE Clean Energy Fuels Corp. | New | 0.00% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.00% | +0.00 |
| DKNG Draftkings Inc. Class A | New | 0.00% | +0.00 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.00% | +0.00 |
| GH Guardant Health Inc. | New | 0.00% | +0.00 |
| LUMINAR TECHNOLOGIES INC | New | 0.00% | +0.00 |
| OLPX Olaplex Holdings Inc. | New | 0.00% | +0.00 |
| RBLX Roblox Corp. Class A | New | 0.00% | +0.00 |
| SLB SLB Ltd. | New | 0.00% | +0.00 |
| UA Under Armour Inc. Class C | New | 0.00% | +0.00 |
| U Unity Software Inc. | New | 0.00% | +0.00 |
| BAC Bank of America Corp. | Add +0.8% | 0.00% | +0.00 |
| SYF Synchrony Financial | Add +1.4% | 0.00% | +0.00 |
| ARCC Ares Capital Corp. | Add +2.4% | 0.00% | +0.00 |
| VZ Verizon Communications Inc. | Add +2.1% | 0.00% | +0.00 |
| T AT&T Inc. | Add +1.1% | 0.01% | +0.00 |
| MO Altria Group Inc. | Add +1.5% | 0.01% | +0.00 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +0.3% | 1.12% | −0.00 |
| EXC Exelon Corp. | Add +1.1% | 0.02% | −0.00 |
| VOOV Vanguard S&P 500 Value ETF | Add +0.1% | 0.08% | −0.00 |
| MKL Markel Group Inc. | Add +2.8% | 0.06% | −0.00 |
| HON Honeywell International Inc. | Add +0.8% | 0.02% | −0.00 |
| PPL PPL Corp. | Add +0.1% | 0.02% | −0.00 |
| HSY The Hershey Co. | Add +0.3% | 0.04% | −0.00 |
| JNJ Johnson & Johnson | Add +0.3% | 0.04% | −0.00 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.04% | −0.00 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +0.7% | 2.42% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.2% | 0.14% | −0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| AEP American Electric Power | COM | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 942 | $272.1M | VEA, VUG, VTV, BNDX, BSV |
| Q1 2026 | 160 | $237.3M | VEA, VUG, VTV, BNDX, BSV |
| Q4 2025 | 168 | $230.9M | VEA, VUG, VTV, BNDX, BSV |
| Q3 2025 | 160 | $222.4M | VEA, VUG, VTV, BNDX, BSV |
| Q2 2025 | 155 | $204.0M | VEA, VUG, VTV, BNDX, BSV |
| Q1 2025 | 160 | $190.0M | VEA, VUG, VTV, BNDX, BSV |
| Q4 2024 | 183 | $183.0M | VUG, VEA, VTV, BNDX, BSV |
| Q3 2024 | 196 | $183.7M | VEA, VUG, VTV, BNDX, BSV |
| Q2 2024 | 186 | $174.0M | VUG, VEA, BNDX, VTV, BSV |
| Q1 2024 | 184 | $169.4M | VEA, VUG, VTV, BNDX, BSV |