1y return+17.8%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2024: $133 against $143 in the S&P 500.2
Duncan Williams Asset Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VUGVanguard Growth Etf | $52.4M | 11.8% | +2.4% |
| DGRWWisdomtree Us Quality Dividend Growth Fund | $51.0M | 11.5% | +5.1% |
| IUSVIshares Core S&p Us Value Etf | $31.1M | 7.0% | +4.4% |
| AVNMAvantis All International Markets Equity Etf | $29.8M | 6.7% | +15.1% |
| FMDEFidelity Enhanced Mid Cap Core Etf | $21.7M | 4.9% | New |
| AAPLApple Inc | $17.3M | 3.9% | +3.3% |
| GSSCTr Activebeta Us Small Cap Equity Etf | $14.4M | 3.2% | +3.8% |
| VEAVanguard Ftse Developed Markets Etf | $13.5M | 3.0% | +3.0% |
| VTVVanguard Value Etf | $10.9M | 2.4% | +6.6% |
| VOOVanguard S&p 500 Etf | $10.8M | 2.4% | −4.6% |
| SCHDSchwab Us Dividend Equity Etf | $10.1M | 2.3% | +28.8% |
| VWOVanguard Ftse Emerging Markets Etf | $8.2M | 1.9% | +3.5% |
| VBVanguard Small-cap Etf | $8.2M | 1.8% | +1.3% |
| BRK/BBerkshire Hathaway Inc Del Cl B New | $7.2M | 1.6% | |
| MSFTMicrosoft | $6.4M | 1.4% | |
| AMZNAmazon.com Inc | $5.6M | 1.3% | |
| FHNFirst Horizon Corporation Com | $5.5M | 1.2% | |
| VYMIVanguard International High Dividend Yield Etf | $4.9M | 1.1% | +21.2% |
| VOVanguard Mid-cap Etf | $4.2M | 0.9% | +1.4% |
| GOOGAlphabet Inc Cap Stk Cl C | $4.0M | 0.9% | −5.6% |
| XMHQInvesco S&p Midcap Quality Etf | $3.8M | 0.9% | −20.5% |
| AZOAutozone Inc Nev | $3.8M | 0.9% | |
| FDXFedex Corp | $3.6M | 0.8% | |
| MAMastercard Inc | $3.4M | 0.8% | +2.9% |
| SPYState Street Spdr S&p 500 Etf | $3.1M | 0.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CIFRCipher Digital Inc Com | September 30, 2024 | +533.1% | $2.1M |
| Asml Hldg Nv N Y Registry ShsCUSIP N07059210 | June 30, 2025 | +148.2% | $1.6M |
| GOOGAlphabet Inc Cap Stk Cl C | March 31, 2024 | +132.1% | $4.0M |
| WMTWalmart Inc Com | March 31, 2024 | +88.2% | $2.8M |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | September 30, 2025 | +71.0% | $2.2M |
| AAPLApple Inc | March 31, 2024 | +68.7% | $17.3M |
| FHNFirst Horizon Corporation Com | March 31, 2024 | +66.5% | $5.5M |
| QQQPowershares Qqq Tr | March 31, 2024 | +65.9% | $2.8M |
| JNJJohnson & Johnson Com | March 31, 2024 | +60.5% | $1.6M |
| RFRegions Financial Corp New | June 30, 2024 | +50.7% | $2.6M |
Sold off last quarter
- Exxon Mobil Corp ComCUSIP 30231G102 was $858K
- Apellis Pharmaceuticals Inc ComCUSIP 03753U106 was $684K
- NOWServicenow Inc Com was $656K
- CGIECapital Group International Equity Etf was $401K
- Grayscale Coindesk Crypto 5 EtfCUSIP G40705108 was $272K
- PLTRPalantir Technologies Inc Cl A was $215K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.5% | +14.8% |
| March 31, 2026 | −2.7% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +7.3% | +7.8% |
| June 30, 2025 | +6.1% | +10.5% |
| March 31, 2025 | −3.1% | −4.6% |
| December 31, 2024 | +1.7% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Duncan Williams Asset Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2011771&type=13F-HR&dateb=&owner=include&count=40CIK 2011771
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2011771/000176538026000224/Filed July 22, 2026 · accession 0001765380-26-000224