Evolution Advisers, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Evolution Advisers, Inc. reported 160 stock positions worth $237.3 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 16.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 13.2%) and Vanguard Mrngstr Val ETF-Aui (VTV, 10.8%). Compared with Q4 2025, it opened 6 new positions, sold out of 14, added to 25 and reduced 27. The biggest buy was iShares Intl Aggregate Bond (IAGG, shares +121%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −1%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001906967
Portfolio Value
$237.3M (Q1 2026)
SEC Filing
0001906967-26-000005 ↗ filed May 1, 2026

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 Q2 2025 Q3 2025: $222.4M Q3 2025 Q4 2025: $230.9M Q4 2025 Q1 2026: $237.3M $237.3M Q1 2026 Q2 2026: $272.1M Q2 2026

Holdings 160 stocks · $237.3M
VEA Vanguard Ftse Developed ETF 16.15% 598,049 $38.3M Reduce -0.5%
VUG Vanguard Mrngstar GR ETF-Sui 13.20% 71,719 $31.3M Add +1.0%
VTV Vanguard Mrngstr Val ETF-Aui 10.81% 130,751 $25.7M Reduce -0.6%
BNDX Vanguard Total Intl Bond ETF 9.14% 451,230 $21.7M Reduce -1.5%
BSV Vanguard Short-Term Bond ETF 8.36% 252,921 $19.8M Add +8.5%
VWO Vanguard Ftse Emerging Marke 6.08% 266,969 $14.4M Add +1.1%
VMBS Vanguard Mortgage-Backed Sec 4.60% 232,230 $10.9M Add +7.0%
BLV Vanguard Long-Term Bond ETF 3.83% 131,992 $9.1M Add +3.2%
VB Vanguard Most SM-Cap ETF-Usd 3.58% 32,481 $8.5M Add +1.9%
BIV Vanguard Intermediate-Term B 3.58% 109,929 $8.5M Add +5.9%
NUDM Nuveen ESG Intl Devel MRK Eq 3.17% 208,516 $7.5M Add +11.0%
IAGG iShares Intl Aggregate Bond 1.70% 80,531 $4.0M Add +120.7%
NULG Nuveen ESG LRG-Cap GRW ETF 1.62% 42,337 $3.9M Add +33.3%
NULV Nuveen ESG Large-Cap Val ETF 1.45% 75,616 $3.4M Add +23.6%
NUBD Nuveen ESG US Aggregate Bond 1.19% 127,184 $2.8M Add +2.9%
NUEM Nuveen ESG Emerging Markets 1.10% 70,995 $2.6M Add +12.0%
PWV Invesco Large Cap Value ETF 0.70% 23,796 $1.7M Reduce -2.1%
VOO Vanguard S&P 500 ETF 0.63% 2,495 $1.5M Reduce -0.1%
SCHX Schwab US Large-Cap ETF 0.60% 55,773 $1.4M Reduce -5.3%
BND Vanguard Total Bond Market 0.58% 18,746 $1.4M Add +85.8%
AAPL Apple Inc. 0.58% 5,399 $1.4M Reduce -0.4%
GNW Genworth Financial Inc. 0.57% 166,551 $1.4M Add +36.7%
VTEB Vanguard Tax-Exempt Bond ETF 0.41% 19,577 $976K Add +13.2%
NUSC Nuveen ESG Small-Cap ETF 0.38% 20,220 $911K Add +26.1%
XOM Exxon Mobil Corp. 0.35% 4,941 $838K Reduce -0.3%
VXUS Vanguard Total Intl Stock 0.28% 8,524 $657K Reduce -4.0%
DFAC Dimensional US Core Equity 2 0.27% 16,680 $648K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.26% 2,389 $614K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.23% 1,828 $546K Reduce -12.4%
UNP Union Pacific Corp. 0.21% 2,042 $495K No change
WMT Walmart Inc. 0.20% 3,742 $465K Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 905 $433K No change
GOOGL Alphabet Inc. Class A 0.16% 1,352 $388K Reduce -0.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.16% 1,326 $380K Reduce -4.9%
VCSH Vanguard S/T Corp. Bond ETF 0.15% 4,454 $353K Reduce -2.7%
WFC Wells Fargo & Co. 0.15% 4,334 $345K No change
SCHG Schwab US Large-Cap Growth 0.14% 11,589 $337K Add +342.7%
ORI Old Republic Intl Corp. 0.13% 7,682 $306K No change
AMZN Amazon.com Inc. 0.13% 1,450 $301K Reduce -4.3%
VT Vanguard Tot World STK ETF 0.12% 2,074 $286K Add +0.4%
NI Nisource Inc. 0.12% 5,932 $276K No change
SCHF Schwab Intl Equity ETF 0.11% 10,794 $267K Reduce -6.6%
CW Curtiss-Wright Corp. 0.10% 350 $238K No change
VYM Vanguard High DVD Yield ETF 0.10% 1,569 $232K Reduce -6.5%
VTI VG Morningstar TS MKT ETF-US 0.08% 40,329 $195K Add +2.9%
JPM JPMorgan Chase & Co. 0.08% 651 $191K No change
SCHZ Schwab US Aggregate Bond ETF 0.07% 7,636 $177K Reduce -13.3%
GOOG Alphabet Inc. Class C 0.07% 600 $172K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.07% 4,908 $161K Reduce -8.7%
KMB Kimberly-Clark Corp. 0.06% 1,567 $151K No change
TDY Teledyne Technologies Inc. 0.06% 250 $151K No change
MKL Markel Group Inc. 0.06% 78 $149K Add +1.3%
AVGO Broadcom Inc. 0.06% 450 $139K No change
SCHM Schwab US Mid Cap ETF 0.05% 4,191 $129K No change
VUSB Vanguard Ultra Short Bond Et 0.05% 2,515 $125K New
VEU Vanguard Ftse All-World Ex-U 0.05% 1,649 $123K No change
LOW Lowe's Cos Inc. 0.05% 518 $122K Reduce -0.8%
D Dominion Energy Inc. 0.05% 1,967 $121K No change
MSFT Microsoft Corp. 0.05% 326 $120K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 179 $116K No change
V Visa Inc. Class A 0.05% 381 $115K No change
CSCO Cisco Systems Inc. 0.05% 1,449 $112K No change
VXF Vanguard Extended Market ETF 0.04% 498 $102K No change
JNJ Johnson & Johnson 0.04% 403 $98K No change
MA Mastercard Inc. Class A 0.04% 197 $98K No change
SYK Stryker Corp. 0.04% 300 $98K No change
HD Home Depot Inc. 0.04% 260 $85K No change
IVV iShares Core S&P 500 ETF 0.04% 128 $83K Add +28.0%
PEP Pepsico Inc. 0.03% 526 $81K No change
HSY The Hershey Co. 0.03% 381 $79K No change
LMT Lockheed Martin Corp. 0.03% 132 $79K No change
TMO Thermo Fisher Scientific Inc. 0.03% 160 $78K No change
DFAU Dimensional US Core Equity M 0.03% 1,699 $76K No change
J Jacobs Solutions Inc. 0.03% 600 $76K No change
BNDW Vanguard Total World Bond Et 0.03% 1,100 $75K Reduce -0.1%
AMGN Amgen Inc. 0.03% 200 $70K No change
ELV Elevance Health Inc. 0.03% 236 $69K No change
SEIC Sei Investments Company 0.03% 873 $68K No change
KNSL Kinsale Capital Group Inc. 0.03% 199 $67K No change
PSX Phillips 66 0.03% 373 $67K No change
HYBX TCW High Yield Bond ETF 0.03% 2,245 $66K No change
NTR Nutrien Ltd. 0.03% 867 $65K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.03% 728 $65K No change
CEG Constellation Energy 0.03% 232 $64K No change
ESGD iShares Trust iShares ESG Aw 0.03% 650 $62K No change
SCHA Schwab US Small-Cap ETF 0.03% 2,096 $60K Reduce -26.8%
AGG iShares Core U.S. Aggregate 0.02% 600 $59K New
IJR iShares Core S&P Small-Cap E 0.02% 464 $57K Add +4.5%
ORCL Oracle Corp. 0.02% 380 $55K No change
COF Capital One Financial Corp. 0.02% 282 $51K Add +21.6%
DAL Delta Air Lines Inc. 0.02% 759 $50K No change
FIW First Trust Water ETF 0.02% 456 $47K No change
PPL PPL Corp. 0.02% 1,223 $46K No change
ETN Eaton Corp. PLC 0.02% 126 $45K No change
CVX Chevron Corp. 0.02% 205 $42K Add +105.0%
IJH iShares Core S&P Midcap ETF 0.02% 565 $38K No change
ACN Accenture PLC Class A 0.02% 192 $38K No change
EXC Exelon Corp. 0.02% 760 $37K No change
IYF iShares US Financials ETF 0.02% 319 $37K No change
ADP Automatic Data Processing 0.01% 176 $35K No change
PPA Invesco Aerospace & Defense 0.01% 206 $34K No change
SBUX Starbucks Corp. 0.01% 383 $34K No change
LIN Linde PLC 0.01% 69 $34K Reduce -12.7%
MDY State Street SPDR S&P Midcap 0.01% 54 $33K No change
IWB iShares Russell 1000 ETF 0.01% 90 $32K New
FTNT Fortinet Inc. 0.01% 390 $31K No change
CTAS Cintas Corp. 0.01% 180 $30K No change
HON Honeywell International Inc. 0.01% 136 $30K No change
GE General Electric filed as GE AEROSPACE 0.01% 94 $26K Reduce -1.1%
CHD Church & Dwight Co. Inc. 0.01% 278 $25K No change
PAYX Paychex Inc. 0.01% 275 $25K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 100 $24K No change
WSM Williams-Sonoma Inc. 0.01% 132 $24K No change
IWR iShares Russell Mid-Cap ETF 0.01% 233 $22K New
IYW iShares Ustechnology ETF 0.01% 124 $22K Reduce -12.7%
ESGV Vanguard ESG US Stock ETF 0.01% 199 $22K No change
GEV GE Vernova Inc. 0.01% 23 $20K No change
IEMG iShares Core MSCI Emerging 0.01% 300 $20K No change
UNH Unitedhealth Group Inc. 0.01% 75 $20K No change
MO Altria Group Inc. 0.01% 274 $18K No change
AMTM Amentum Holdings Inc. 0.01% 636 $16K No change
SCHB Schwab US Broad Market ETF 0.01% 657 $16K No change
VBIL Vanguard 0-3M T-Bill ETF 0.01% 220 $16K No change
IWD iShares Russell 1000 Value E 0.01% 71 $15K No change
IEFA iShares Core MSCI Eafe ETF 0.01% 169 $15K New
RIVN Rivian Automotive Inc. Class A 0.01% 1,006 $15K No change
T AT&T Inc. 0.01% 494 $14K No change
QQQ Invesco QQQ Trust Series 1 0.01% 22 $12K Reduce -12.0%
TSLA Tesla Inc. 0.00% 27 $10K No change
GOLF Acushnet Holdings Corp. 0.00% 103 $9K No change
DHR Danaher Corp. 0.00% 50 $9K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 100 $9K No change
METV Roundhill Ball Metaverse ETF 0.00% 600 $9K No change
CRM Salesforce Inc. 0.00% 50 $9K No change
F Ford Motor Co. filed as FORD MTR CO 0.00% 700 $8K No change
UPS United Parcel Service Class B 0.00% 79 $7K No change
VZ Verizon Communications Inc. 0.00% 157 $7K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 125 $6K No change
EXR Extra Space Storage Inc. 0.00% 50 $6K No change
USHY iShares Broad Usd High Yield 0.00% 186 $6K New
ARCC Ares Capital Corp. 0.00% 318 $5K No change
HCA HCA Healthcare Inc. 0.00% 11 $5K No change
SYF Synchrony Financial 0.00% 74 $5K No change
AWK American Water Works Co. Inc. 0.00% 16 $2K No change
GSLC Goldman Activebeta US LC ETF 0.00% 17 $2K No change
IOO iShares Global 100 ETF 0.00% 19 $2K No change
CGCP Cap Group Core Plus Income 0.00% 80 $1K No change
SPGP Invesco S&P 500 Garp ETF 0.00% 18 $1K No change
IQLT iShares MSCI International Q 0.00% 22 $1K No change
VNQ Vanguard Real Estate ETF 0.00% 20 $1K Reduce -82.8%
KO The Coca-Cola Co. 0.00% 2 $0 No change
NFLT Virtus Newfleet Multi-Sector 0.00% 17 $0 No change
FBND Fidelity Total Bond ETF 0.00% 17 $0 No change
DIVI Franklin International Core 0.00% 2 $0 No change
IDRV iShares Self-Driving Ev&tech 0.00% 5 $0 No change
MS Morgan Stanley 0.00% 2 $0 No change
NKE Nike Inc. Class B 0.00% 2 $0 No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 15 $0 No change
VWOB Vanguard Emerg MKTS Gov BND 0.00% 15 $0 No change
WBD Warner Bros Discovery Inc. 0.00% 79 $0 No change

Portfolio Sells Q4 2025 → Q1 2026
BNDX Vanguard Total Intl Bond ETF Reduce -1.5% 9.14% −0.45
VEA Vanguard Ftse Developed ETF Reduce -0.5% 16.15% −0.11
SCHX Schwab US Large-Cap ETF Reduce -5.3% 0.60% −0.08
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.6% 10.81% −0.06
AAPL Apple Inc. Reduce -0.4% 0.58% −0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -12.4% 0.23% −0.05
VOO Vanguard S&P 500 ETF Reduce -0.1% 0.63% −0.05
TFC Truist Financial Corp. Sold out 0.00% −0.03
MCK McKesson Corp. Sold out 0.00% −0.03
AMZN Amazon.com Inc. Reduce -4.3% 0.13% −0.02
GOOGL Alphabet Inc. Class A Reduce -0.5% 0.16% −0.02
CHGX Stance Sustainable Beta ETF Sold out 0.00% −0.02
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -4.9% 0.16% −0.01
VGT Vanguard Info Tech ETF Sold out 0.00% −0.01
SCHZ Schwab US Aggregate Bond ETF Reduce -13.3% 0.07% −0.01
DFIV Dimensional International Va Sold out 0.00% −0.01
VXUS Vanguard Total Intl Stock Reduce -4.0% 0.28% −0.01
JNK SS SPDR BB High Yield Bond Sold out 0.00% −0.01
SCHA Schwab US Small-Cap ETF Reduce -26.8% 0.03% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.7% 0.15% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -8.7% 0.07% −0.01
SCHF Schwab Intl Equity ETF Reduce -6.6% 0.11% −0.01
VYM Vanguard High DVD Yield ETF Reduce -6.5% 0.10% −0.01
SCHV Schwab US Large-Cap Value Sold out 0.00% −0.01
GLD SPDR Gold Shares Sold out 0.00% −0.00
DFSV Dimensional US Small Cap Val Sold out 0.00% −0.00
SCHH Schwab US REIT ETF Sold out 0.00% −0.00
VNQ Vanguard Real Estate ETF Reduce -82.8% 0.00% −0.00
ISCV iShares Morningstar Small-Ca Sold out 0.00% −0.00
LOW Lowe's Cos Inc. Reduce -0.8% 0.05% −0.00
IYW iShares Ustechnology ETF Reduce -12.7% 0.01% −0.00
GE General Electric Reduce -1.1% 0.01% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -12.0% 0.01% −0.00
MTZ Mastec Inc. Sold out 0.00% −0.00
PWV Invesco Large Cap Value ETF Reduce -2.1% 0.70% −0.00
VNQI Vanguard GLBL Ex-US Real Est Sold out 0.00% −0.00
BNDW Vanguard Total World Bond Et Reduce -0.1% 0.03% −0.00
LIN Linde PLC Reduce -12.7% 0.01% 0.00
WMT Walmart Inc. Reduce -1.0% 0.20% +0.01
XOM Exxon Mobil Corp. Reduce -0.3% 0.35% +0.10

Portfolio Buys Q4 2025 → Q1 2026
IAGG iShares Intl Aggregate Bond Add +120.7% 1.70% +0.91
BSV Vanguard Short-Term Bond ETF Add +8.5% 8.36% +0.40
NULG Nuveen ESG LRG-Cap GRW ETF Add +33.3% 1.62% +0.28
BND Vanguard Total Bond Market Add +85.8% 0.58% +0.26
NULV Nuveen ESG Large-Cap Val ETF Add +23.6% 1.45% +0.26
NUDM Nuveen ESG Intl Devel MRK Eq Add +11.0% 3.17% +0.23
VMBS Vanguard Mortgage-Backed Sec Add +7.0% 4.60% +0.17
NUEM Nuveen ESG Emerging Markets Add +12.0% 1.10% +0.12
SCHG Schwab US Large-Cap Growth Add +342.7% 0.14% +0.11
GNW Genworth Financial Inc. Add +36.7% 0.57% +0.09
BIV Vanguard Intermediate-Term B Add +5.9% 3.58% +0.07
NUSC Nuveen ESG Small-Cap ETF Add +26.1% 0.38% +0.07
VUSB Vanguard Ultra Short Bond Et New 0.05% +0.05
VTEB Vanguard Tax-Exempt Bond ETF Add +13.2% 0.41% +0.04
VB Vanguard Most SM-Cap ETF-Usd Add +1.9% 3.58% +0.03
AGG iShares Core U.S. Aggregate New 0.02% +0.02
IWB iShares Russell 1000 ETF New 0.01% +0.01
CVX Chevron Corp. Add +105.0% 0.02% +0.01
IWR iShares Russell Mid-Cap ETF New 0.01% +0.01
IEFA iShares Core MSCI Eafe ETF New 0.01% +0.01
IVV iShares Core S&P 500 ETF Add +28.0% 0.04% +0.01
USHY iShares Broad Usd High Yield New 0.00% +0.00
IJR iShares Core S&P Small-Cap E Add +4.5% 0.02% +0.00
COF Capital One Financial Corp. Add +21.6% 0.02% −0.00
VTI VG Morningstar TS MKT ETF-US Add +2.9% 0.08% −0.00
VT Vanguard Tot World STK ETF Add +0.4% 0.12% −0.01
NUBD Nuveen ESG US Aggregate Bond Add +2.9% 1.19% −0.01
MKL Markel Group Inc. Add +1.3% 0.06% −0.01
BLV Vanguard Long-Term Bond ETF Add +3.2% 3.83% −0.02
VWO Vanguard Ftse Emerging Marke Add +1.1% 6.08% −0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +1.0% 13.20% −1.80

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