Evolution Advisers, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Evolution Advisers, Inc. reported 155 stock positions worth $204.0 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 15.5% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 14.5%) and Vanguard Mrngstr Val ETF-Aui (VTV, 11.0%). Compared with Q1 2025, it opened 1 new position, sold out of 6, added to 13 and reduced 28. The biggest buy was Genworth Financial (GNW, shares +126%) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −5%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001906967
Portfolio Value
$204.0M (Q2 2025)
SEC Filing
0001907157-25-000029 ↗ filed Jul 25, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $169.4M Q1 2024 Q2 2024: $174.0M Q2 2024 Q3 2024: $183.7M Q3 2024 Q4 2024: $183.0M Q4 2024 Q1 2025: $190.0M Q1 2025 Q2 2025: $204.0M $204.0M Q2 2025 Q3 2025: $222.4M Q3 2025 Q4 2025: $230.9M Q4 2025 Q1 2026: $237.3M Q1 2026 Q2 2026: $272.1M Q2 2026

Holdings 155 stocks · $204.0M
VEA Vanguard Ftse Developed ETF 15.55% 556,290 $31.7M Reduce -2.2%
VUG Vanguard Mrngstar GR ETF-Sui 14.52% 67,454 $29.6M Reduce -9.0%
VTV Vanguard Mrngstr Val ETF-Aui 10.98% 126,023 $22.4M Reduce -4.9%
BNDX Vanguard Total Intl Bond ETF 10.77% 443,873 $22.0M Add +2.7%
BSV Vanguard Short-Term Bond ETF 7.98% 206,810 $16.3M Add +2.0%
VWO Vanguard Ftse Emerging Marke 5.97% 246,242 $12.2M Reduce -1.9%
VMBS Vanguard Mortgage-Backed Sec 4.53% 199,483 $9.2M Add +0.7%
BLV Vanguard Long-Term Bond ETF 4.17% 122,333 $8.5M Add +2.2%
VB Vanguard Most SM-Cap ETF-Usd 3.37% 28,936 $6.9M Reduce -3.8%
BIV Vanguard Intermediate-Term B 3.34% 88,135 $6.8M Add +5.0%
NUDM Nuveen ESG Intl Devel MRK Eq 3.19% 183,282 $6.5M Add +0.7%
NULG Nuveen ESG LRG-Cap GRW ETF 1.46% 31,653 $3.0M Reduce -0.9%
NUBD Nuveen ESG US Aggregate Bond 1.27% 116,036 $2.6M No change
NULV Nuveen ESG Large-Cap Val ETF 1.26% 61,422 $2.6M Add +0.2%
NUEM Nuveen ESG Emerging Markets 0.99% 60,655 $2.0M Reduce -0.1%
GNW Genworth Financial Inc. 0.84% 217,835 $1.7M Add +126.3%
PWV Invesco Large Cap Value ETF 0.74% 24,300 $1.5M No change
VOO Vanguard S&P 500 ETF 0.68% 2,448 $1.4M Reduce -3.5%
SCHX Schwab US Large-Cap ETF 0.67% 55,773 $1.4M Reduce -0.2%
AAPL Apple Inc. 0.53% 5,266 $1.1M Reduce -4.1%
VTEB Vanguard Tax-Exempt Bond ETF 0.38% 15,860 $777K Add +0.7%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.33% 2,389 $680K No change
NUSC Nuveen ESG Small-Cap ETF 0.32% 15,955 $650K Add +0.6%
VXUS Vanguard Total Intl Stock 0.30% 8,843 $610K No change
DFAC Dimensional US Core Equity 2 0.29% 16,680 $597K No change
XOM Exxon Mobil Corp. 0.26% 4,834 $521K Reduce -0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.25% 1,812 $518K No change
UNP Union Pacific Corp. 0.23% 2,042 $469K Reduce -6.4%
BRK.B Berkshire Hathaway Inc. Class B 0.22% 905 $439K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.19% 1,415 $397K No change
VCSH Vanguard S/T Corp. Bond ETF 0.17% 4,454 $354K No change
WFC Wells Fargo & Co. 0.17% 4,334 $347K Reduce -2.4%
WMT Walmart Inc. 0.17% 3,456 $338K No change
ORI Old Republic Intl Corp. 0.14% 7,682 $295K Reduce -2.4%
VT Vanguard Tot World STK ETF 0.13% 2,042 $262K Reduce -1.4%
SCHF Schwab Intl Equity ETF 0.12% 11,336 $250K No change
VYM Vanguard High DVD Yield ETF 0.12% 1,829 $243K No change
NI Nisource Inc. 0.12% 5,932 $239K No change
GOOGL Alphabet Inc. Class A 0.11% 1,300 $229K Reduce -1.5%
AMZN Amazon.com Inc. 0.11% 1,043 $228K No change
KMB Kimberly-Clark Corp. 0.10% 1,567 $203K Reduce -2.4%
MSFT Microsoft Corp. 0.10% 390 $194K No change
JPM JPMorgan Chase & Co. 0.09% 651 $188K No change
VTI VG Morningstar TS MKT ETF-US 0.09% 39,187 $186K Add +16.0%
SCHZ Schwab US Aggregate Bond ETF 0.09% 7,636 $177K No change
CW Curtiss-Wright Corp. 0.08% 350 $171K No change
HD Home Depot Inc. 0.08% 440 $161K No change
MKL Markel Group Inc. 0.07% 76 $152K Add +1.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.07% 4,957 $149K No change
HCA HCA Healthcare Inc. 0.07% 355 $136K Reduce -9.0%
V Visa Inc. Class A 0.07% 381 $135K No change
TDY Teledyne Technologies Inc. 0.06% 250 $128K No change
AVGO Broadcom Inc. 0.06% 450 $124K No change
SYK Stryker Corp. 0.06% 300 $118K No change
SCHM Schwab US Mid Cap ETF 0.06% 4,191 $117K No change
MA Mastercard Inc. Class A 0.06% 205 $115K No change
TFC Truist Financial Corp. 0.06% 74,770 $113K No change
D Dominion Energy Inc. 0.05% 1,967 $111K Reduce -1.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 179 $110K No change
VEU Vanguard Ftse All-World Ex-U 0.05% 1,649 $110K No change
GOOG Alphabet Inc. Class C 0.05% 600 $106K No change
CSCO Cisco Systems Inc. 0.05% 1,449 $100K No change
KNSL Kinsale Capital Group Inc. 0.05% 199 $96K No change
VXF Vanguard Extended Market ETF 0.05% 498 $95K No change
ELV Elevance Health Inc. 0.04% 236 $91K No change
LOW Lowe's Cos Inc. 0.04% 413 $91K No change
SCHG Schwab US Large-Cap Growth 0.04% 3,032 $88K No change
PG The Procter & Gamble Co. 0.04% 543 $86K Reduce -12.3%
COF Capital One Financial Corp. 0.04% 398 $84K No change
ORCL Oracle Corp. 0.04% 380 $83K No change
TSLA Tesla Inc. 0.04% 251 $79K No change
J Jacobs Solutions Inc. 0.04% 600 $78K No change
SEIC Sei Investments Company 0.04% 873 $78K No change
CEG Constellation Energy 0.04% 232 $75K No change
DFAU Dimensional US Core Equity M 0.03% 1,699 $71K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.03% 728 $70K No change
BNDW Vanguard Total World Bond Et 0.03% 1,016 $70K Reduce -81.7%
PEP Pepsico Inc. 0.03% 526 $69K No change
TMO Thermo Fisher Scientific Inc. 0.03% 160 $64K No change
HSY The Hershey Co. 0.03% 381 $63K No change
IVV iShares Core S&P 500 ETF 0.03% 100 $62K No change
JNJ Johnson & Johnson 0.03% 402 $61K Reduce -10.9%
LMT Lockheed Martin Corp. 0.03% 132 $61K No change
MCK McKesson Corp. 0.03% 83 $60K No change
ESGD iShares Trust iShares ESG Aw 0.03% 650 $57K No change
ACN Accenture PLC Class A 0.03% 192 $57K No change
AMGN Amgen Inc. 0.03% 200 $55K No change
ADP Automatic Data Processing 0.03% 176 $54K No change
SCHA Schwab US Small-Cap ETF 0.03% 2,156 $54K No change
NTR Nutrien Ltd. 0.02% 867 $50K No change
FIW First Trust Water ETF 0.02% 456 $49K No change
IJR iShares Core S&P Small-Cap E 0.02% 444 $48K No change
ADBE Adobe Inc. 0.02% 119 $46K No change
PSX Phillips 66 0.02% 373 $44K Reduce -6.8%
ETN Eaton Corp. PLC 0.02% 126 $44K No change
UL Unilever PLC 0.02% 700 $42K No change
FTNT Fortinet Inc. 0.02% 390 $41K No change
IAGG iShares Intl Aggregate Bond 0.02% 822 $41K Reduce -87.1%
PPL PPL Corp. 0.02% 1,223 $41K No change
CTAS Cintas Corp. 0.02% 180 $40K No change

Show all 155 holdings

Portfolio Sells Q1 2025 → Q2 2025
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.9% 10.98% −0.64
BNDW Vanguard Total World Bond Et Reduce -81.7% 0.03% −0.17
IAGG iShares Intl Aggregate Bond Reduce -87.1% 0.02% −0.15
AAPL Apple Inc. Reduce -4.1% 0.53% −0.11
XOM Exxon Mobil Corp. Reduce -0.3% 0.26% −0.05
UNP Union Pacific Corp. Reduce -6.4% 0.23% −0.04
KMB Kimberly-Clark Corp. Reduce -2.4% 0.10% −0.02
ORI Old Republic Intl Corp. Reduce -2.4% 0.14% −0.02
PG The Procter & Gamble Co. Reduce -12.3% 0.04% −0.01
JNJ Johnson & Johnson Reduce -10.9% 0.03% −0.01
CVX Chevron Corp. Reduce -33.3% 0.01% −0.01
DUK Duke Energy Corp. Sold out 0.00% −0.00
PSX Phillips 66 Reduce -6.8% 0.02% −0.00
HCA HCA Healthcare Inc. Reduce -9.0% 0.07% −0.00
D Dominion Energy Inc. Reduce -1.6% 0.05% −0.00
SO The Southern Co. Sold out 0.00% −0.00
VOO Vanguard S&P 500 ETF Reduce -3.5% 0.68% −0.00
CRC California Resources Corp. Sold out 0.00% −0.00
MRK Merck & Co. Inc. Sold out 0.00% −0.00
AMT American Tower Corp. Sold out 0.00% −0.00
VLO Valero Energy Corp. Sold out 0.00% −0.00
T AT&T Inc. Reduce -7.8% 0.01% −0.00
KO The Coca-Cola Co. Reduce -92.6% 0.00% −0.00
IBM Intl Business Machines Corp. Reduce -8.3% 0.01% 0.00
VT Vanguard Tot World STK ETF Reduce -1.4% 0.13% +0.00
WFC Wells Fargo & Co. Reduce -2.4% 0.17% +0.00
GOOGL Alphabet Inc. Class A Reduce -1.5% 0.11% +0.00
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.8% 3.37% +0.01
SCHX Schwab US Large-Cap ETF Reduce -0.2% 0.67% +0.02
VWO Vanguard Ftse Emerging Marke Reduce -1.9% 5.97% +0.04
NUEM Nuveen ESG Emerging Markets Reduce -0.1% 0.99% +0.05
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -0.9% 1.46% +0.14
VEA Vanguard Ftse Developed ETF Reduce -2.2% 15.55% +0.48
VUG Vanguard Mrngstar GR ETF-Sui Reduce -9.0% 14.52% +1.05

Portfolio Buys Q1 2025 → Q2 2025
GNW Genworth Financial Inc. Add +126.3% 0.84% +0.48
NUDM Nuveen ESG Intl Devel MRK Eq Add +0.7% 3.19% +0.14
BIV Vanguard Intermediate-Term B Add +5.0% 3.34% +0.01
VTI VG Morningstar TS MKT ETF-US Add +16.0% 0.09% +0.00
AMTM Amentum Holdings Inc. Add +6.0% 0.01% +0.00
MKL Markel Group Inc. Add +1.3% 0.07% +0.00
MTZ Mastec Inc. New 0.00% +0.00
NUSC Nuveen ESG Small-Cap ETF Add +0.6% 0.32% −0.00
VTEB Vanguard Tax-Exempt Bond ETF Add +0.7% 0.38% −0.03
NULV Nuveen ESG Large-Cap Val ETF Add +0.2% 1.26% −0.04
BLV Vanguard Long-Term Bond ETF Add +2.2% 4.17% −0.22
VMBS Vanguard Mortgage-Backed Sec Add +0.7% 4.53% −0.27
BNDX Vanguard Total Intl Bond ETF Add +2.7% 10.77% −0.27
BSV Vanguard Short-Term Bond ETF Add +2.0% 7.98% −0.29

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 942$272.1MVEA, VUG, VTV, BNDX, BSV
Q1 2026 160$237.3MVEA, VUG, VTV, BNDX, BSV
Q4 2025 168$230.9MVEA, VUG, VTV, BNDX, BSV
Q3 2025 160$222.4MVEA, VUG, VTV, BNDX, BSV
Q2 2025 155$204.0MVEA, VUG, VTV, BNDX, BSV
Q1 2025 160$190.0MVEA, VUG, VTV, BNDX, BSV
Q4 2024 183$183.0MVUG, VEA, VTV, BNDX, BSV
Q3 2024 196$183.7MVEA, VUG, VTV, BNDX, BSV
Q2 2024 186$174.0MVUG, VEA, BNDX, VTV, BSV
Q1 2024 184$169.4MVEA, VUG, VTV, BNDX, BSV