Duncan Williams Asset Management, LLC
Long book
$360.7M
Q1 2026
Positions
154
Top-10 weight
56%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsDuncan Williams Asset Management, LLC is a wealth-management firm allocating client money, running a $360.7M US long book across 154 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: WISDOMTREE U.S. QUALITY DIVI, VANGUARD GROWTH ETF, ISHARES CORE S&P U.S. VALUE, AVANTIS ALL INTL MKTS EQ ETF, APPLE INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+6.2%
Q3 2024
+2.1%
Q4 2024
-2.6%
Q1 2025
+6.8%
Q2 2025
+7.7%
Q3 2025
+1.7%
Q4 2025
-1.9%
Q1 2026
+12.7%
Sector allocation
Technology 32%
Financials 21%
Consumer discretionary 13%
Healthcare 9%
Industrials 8%
Services media 7%
Energy 3%
Other 2%
Long book by quarter
What does Duncan Williams own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 57.8K | $14.7M | 4.1% | +4.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 14.5K | $6.9M | 1.9% | -0.8% |
| MSFT MICROSOFT CORP | Technology | 17.2K | $6.4M | 1.8% | -3.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 23.5K | $4.9M | 1.4% | -3.1% |
| FHN FIRST HORIZON CORP | Financials | 214.7K | $4.9M | 1.4% | -37.6% |
| AZO AUTOZONE INC | Consumer discretionary | 1.2K | $4.1M | 1.1% | -0.3% |
| FDX FEDEX CORP | Industrials | 11.4K | $4.1M | 1.1% | -2.8% |
| GOOG ALPHABET INC-CL C | Technology | 12.0K | $3.4M | 1.0% | -10.4% |
| MA MASTERCARD INC - A | Services media | 6.3K | $3.2M | 0.9% | -4.8% |
| WMT WALMART INC | Consumer discretionary | 24.2K | $3.0M | 0.8% | -5.1% |
| V VISA INC-CLASS A SHARES | Services media | 9.0K | $2.7M | 0.8% | -6.6% |
| RF REGIONS FINANCIAL CORP | Financials | 85.8K | $2.2M | 0.6% | -3.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.2K | $1.5M | 0.4% | -2.7% |
| MPC MARATHON PETROLEUM CORP | Energy | 6.2K | $1.5M | 0.4% | -5.5% |
| TSLA TESLA INC | Industrials | 3.2K | $1.2M | 0.3% | -0.8% |
| GOOGL ALPHABET INC-CL A | Technology | 4.1K | $1.2M | 0.3% | -0.3% |
| LLY ELI LILLY & CO | Healthcare | 1.3K | $1.2M | 0.3% | -1.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.2K | $1.2M | 0.3% | -25.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 4.2K | $1.1M | 0.3% | -4.1% |
| FTNT FORTINET INC | Technology | 13.5K | $1.1M | 0.3% | -5.3% |
| AVGO BROADCOM INC | Technology | 3.5K | $1.1M | 0.3% | +99.9% |
| ABBV ABBVIE INC | Healthcare | 5.0K | $1.1M | 0.3% | -0.5% |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 12.6K | $1.1M | 0.3% | -2.8% |
| NVDA NVIDIA CORP | Technology | 6.2K | $1.1M | 0.3% | -6.7% |
| CIFR CIPHER DIGITAL INC | Financials | 82.7K | $1.1M | 0.3% | +36.7% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 766 | $1.0M | 0.3% | +3.1% |
| HD HOME DEPOT INC | Consumer discretionary | 3.0K | $981K | 0.3% | -0.7% |
| DE DEERE & CO | Industrials | 1.7K | $949K | 0.3% | Held |
| LIN LINDE PLC | Materials | 1.9K | $948K | 0.3% | -7.4% |
| AMGN AMGEN INC | Healthcare | 2.6K | $926K | 0.3% | +0.1% |
| RMD RESMED INC | Healthcare | 4.1K | $914K | 0.3% | -8.5% |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.1K | $909K | 0.3% | +0.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.1K | $888K | 0.2% | -0.4% |
| XOM EXXON MOBIL CORP | Energy | 5.1K | $858K | 0.2% | -30.9% |
| MRK MERCK & CO. INC. | Healthcare | 7.1K | $848K | 0.2% | -3.1% |
| RRBI RED RIVER BANCSHARES INC | Financials | 9.1K | $818K | 0.2% | Held |
| ACN ACCENTURE PLC-CL A | Services media | 4.1K | $814K | 0.2% | -8.0% |
| NEM NEWMONT CORP | Materials | 7.4K | $806K | 0.2% | -17.6% |
| KLAC KLA CORP | Other | 515 | $758K | 0.2% | New |
| BN BROOKFIELD CORP | Real estate | 18.4K | $746K | 0.2% | -8.4% |
| KKR KKR & CO INC | Financials | 7.7K | $712K | 0.2% | -21.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 3.4K | $694K | 0.2% | -21.1% |
| APLSUSD APELLIS PHARMACEUTICALS INC | — | 17.0K | $684K | 0.2% | Held |
| PRTA PROTHENA CORP PLC | Healthcare | 70.3K | $683K | 0.2% | Held |
| NOC NORTHROP GRUMMAN CORP | Technology | 1.0K | $682K | 0.2% | Held |
| NOW SERVICENOW INC | Technology | 6.3K | $656K | 0.2% | New |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.7K | $653K | 0.2% | -2.5% |
| WM WASTE MANAGEMENT INC | Utilities | 2.5K | $579K | 0.2% | Held |
| TMUS T-MOBILE US INC | Communications | 2.8K | $578K | 0.2% | -5.8% |
| ZYME ZYMEWORKS INC | Healthcare | 22.1K | $553K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 154 | $360.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 170 | $402.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 164 | $355.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 115 | $427.8M | SEC ↗ | |
| Q2 2025 | 13F-HR/ARESTATEMENT | Jul 22, 2025 | 154 | $316.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 147 | $276.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 146 | $254.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 3, 2024 | 129 | $181.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 11, 2024 | 63 | $118.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 3, 2024 | 68 | $111.0M | canonical | SEC ↗ |