Evanson Asset Management, LLC
CIK
1626379
Location
CARMEL, CA
Portfolio Value
Mid
$1,839,642,436
Diversification
Highly concentrated
Filing Date
Global Rank
#1,539
/ 8,827
▲ 26
· as of Mar 2026
Top Industry
Asset Management
33.4%
Period ended 7 months ago
Filed Apr 8, 2026 · 7mo
25 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Mar 31, 2026, never from the firm's own description.
Style
Concentrated
The top 10 positions are 85.4% of the book (60%+)
Turnover
Low turnover
10.7% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 19.1 quarters (12+), a floor since 37.1% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 78.0%; sector active share 63.8% against the combined 13F book's sector weights.
Over time 25 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
318 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
48.4%
+1.8 pts
Top 5
74.1%
+1.1 pts
Top 10
85.4%
+0.8 pts
HHI
2,546
Highly concentrated+156
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 76.9% | $1,415,332,052 |
| Financial Services | 8.6% | $157,584,191 |
| Technology | 6.6% | $121,211,756 |
| Communication Services | 5.0% | $92,804,540 |
| Energy | 0.9% | $17,474,027 |
| Consumer Cyclical | 0.7% | $13,777,997 |
| Healthcare | 0.5% | $8,849,260 |
| Industrials | 0.2% | $4,494,699 |
| Consumer Defensive | 0.2% | $4,357,289 |
| Basic Materials | 0.1% | $2,144,305 |
| Utilities | 0.1% | $1,391,235 |
| Real Estate | 0.0% | $221,085 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DFGR | Dimensional Global Real Estate ETF | +111,599 | 562,453 | $14,950,000 | |
| DFSV | Dimensional US Small Cap Value ETF | +87,442 | 1,114,611 | $39,055,969 | |
| DFLV | Dimensional US Large Cap Value ETF | +73,112 | 601,058 | $21,463,781 | |
| DFIS | Dimensional International Small Cap ETF | +65,502 | 1,401,653 | $47,193,656 | |
| DFAI | Dimensional International Core Equity Market ETF | +49,417 | 652,779 | $25,432,269 | |
| DFAS | Dimensional U.S. Small Cap ETF | +48,734 | 1,211,136 | $86,148,103 | |
| DISV | Dimensional International Small Cap Value ETF | +43,573 | 1,186,477 | $46,794,652 | |
| ET | Energy Transfer LP | +42,540 | 83,001 | $1,601,911 | |
| VUSB | VANGUARD ULTRA-SHORT BOND ETF | +38,774 | 118,370 | $5,893,050 | |
| DFEV | Dimensional Emerging Markets Value ETF | +34,277 | 585,452 | $20,947,472 | |
| VTEB | VANGUARD TAX-EXEMPT BOND INDEX FUND | +29,380 | 328,916 | $16,409,619 | |
| DEHP | Dimensional Emerging Markets High Profitability ETF | +27,553 | 68,392 | $2,310,965 | |
| EPD | Enterprise Products Partners L.P. | +21,649 | 74,001 | $2,800,197 | |
| VCSH | VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | +16,471 | 32,521 | $2,577,939 | |
| DFIV | Dimensional International Value ETF | +15,558 | 1,402,336 | $74,015,294 | |
| DFCF | Dimensional Core Fixed Income ETF | +13,880 | 52,309 | $2,208,485 | |
| DFAW | Dimensional World Equity ETF | +10,644 | 95,363 | $7,035,882 | |
| VEA | Vanguard FTSE Developed Markets ETF | +9,192 | 73,148 | $4,687,323 | |
| AVDV | Avantis International Small Cap Value ETF | +8,090 | 27,675 | $2,763,625 | |
| AVUV | Avantis U.S. Small Cap Value ETF | +8,027 | 32,815 | $3,625,073 | |
| DUHP | Dimensional US High Profitability ETF | +7,858 | 96,671 | $3,553,625 | |
| DFEM | Dimensional Emerging Markets Core Equity 2 ETF | +7,400 | 586,553 | $20,265,406 | |
| VOO | VANGUARD 500 INDEX FUND | +5,721 | 53,949 | $32,237,224 | |
| DFUV | Dimensional U.S. Marketwide Value ETF | +5,151 | 1,338,275 | $64,852,806 | |
| VEU | Vanguard International Equity Index Funds | +4,148 | 50,441 | $3,788,119 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PHYS | Sprott Physical Gold Trust | −240,703 | 3,839,307 | $136,065,040 | |
| SCHK | Schwab 1000 Index ETF | −25,219 | 7,209 | $225,857 | |
| VBIL | Vanguard Institutional Index Funds | −24,437 | 1,879,681 | $142,197,867 | |
| DFNM | Dimensional National Municipal Bond ETF | −12,853 | 34,929 | $1,674,146 | |
| EEM | iShares MSCI Emerging Markets ETF | −10,737 | 13,398 | $760,872 | |
| DFUS | Dimensional U.S. Equity Market ETF | −10,636 | 939,846 | $66,644,479 | |
| DFAC | Dimensional U.S. Core Equity 2 ETF | −10,472 | 3,991,743 | $155,119,132 | |
| VTIP | VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND | −10,083 | 21,594 | $1,078,620 | |
| VIG | Vanguard Specialized Funds | −8,854 | 11,175 | $2,403,295 | |
| VNQI | VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND | −8,758 | 11,257 | $500,373 | |
| VDE | VANGUARD ENERGY INDEX FUND | −8,600 | 5,220 | $903,268 | |
| SCHF | Schwab International Equity ETF | −7,706 | 68,271 | $1,689,707 | |
| DXYZ | Destiny Tech100 Inc. | −7,500 | 7,500 | $200,850 | |
| DES | WisdomTree U.S. SmallCap Dividend Fund | −7,492 | 90,554 | $3,254,510 | |
| DFAE | Dimensional Emerging Core Equity Market ETF | −6,467 | 85,263 | $2,887,005 | |
| ALRM | Alarm.com Holdings, Inc. | −6,376 | 162,538 | $7,020,016 | |
| SLV | iShares Silver Trust | −6,040 | 90,804 | $6,187,384 | |
| GSG | iShares S&P GSCI Commodity-Indexed Trust | −5,496 | 41,851 | $1,349,694 | |
| PSLV | Sprott Physical Silver Trust | −4,996 | 45,304 | $1,104,964 | |
| DTH | WisdomTree International High Dividend Fund | −4,405 | 70,252 | $3,799,930 | |
| DEM | WisdomTree Emerging Markets High Dividend Fund | −4,337 | 21,233 | $1,055,067 | |
| SCHG | Schwab U.S. Large-Cap Growth ETF | −3,331 | 24,862 | $724,230 | |
| DHS | WisdomTree U.S. High Dividend Fund | −3,192 | 76,466 | $8,351,616 | |
| DFAT | Dimensional U.S. Targeted Value ETF | −2,890 | 1,080,817 | $67,497,021 | |
| IBIT | iShares Bitcoin Trust ETF | −1,995 | 10,592 | $406,944 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WES | Western Midstream Partners, LP | 18,082 | $744,435 | |
| ISHG | iShares 1-3 Year International Treasury Bond ETF | 9,537 | $707,454 | |
| ICOP | iShares Copper and Metals Mining ETF | 10,000 | $475,770 | |
| WMB | Williams Companies, Inc. | 3,089 | $224,817 | |
| ALGN | Align Technology Inc | 1,200 | $205,716 | |
| GEV | GE Vernova Inc. | 234 | $204,258 | |
| NRK | Nuveen New York Amt-Free Quality Municipal Income Fund | 19,974 | $203,934 | |
| ADM | Archer-Daniels-Midland Co | 2,800 | $203,532 | |
| BWXT | BWX Technologies, Inc. | 991 | $202,649 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| IYR | iShares U.S. Real Estate ETF | 18,419 | $1,729,359 | |
| — | 21,360 | $951,374 | ||
| ADP | Automatic Data Processing Inc | 1,511 | $388,674 | |
| WELL | Welltower Inc. | 2,010 | $373,076 | |
| BSCS | Invesco BulletShares 2028 Corporate Bond ETF | 17,677 | $364,146 | |
| PYPL | PayPal Holdings, Inc. | 5,857 | $341,931 | |
| — | 6,215 | $292,633 | ||
| BSJS | Invesco BulletShares 2028 High Yield Corporate Bond ETF | 12,452 | $273,944 | |
| IBHH | iShares iBonds 2028 Term High Yield and Income ETF | 11,556 | $273,588 | |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | 10,729 | $273,160 | |
| VOT | VANGUARD MID-CAP GROWTH INDEX FUND | 934 | $260,716 | |
| QBTS | D-Wave Quantum Inc. | 9,484 | $248,006 | |
| BKNG | Booking Holdings Inc. | 45 | $240,989 | |
| MDB | MongoDB, Inc. | 537 | $225,373 | |
| No positions match the current search. | ||||
318 tracked positions ·
$1,839,642,436 total
· filing declares
321 positions · $1,862,940,625
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 318 positions by value
· page 1 of 7
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DFAC |
Dimensional U.S. Core Equity 2 ETF
|
Reduced | 3,991,743 | $155,119,132 | 8.43% | |
| VBIL |
Vanguard Institutional Index Funds
|
Reduced | 1,879,681 | $142,197,867 | 7.73% | |
| PHYS |
Sprott Physical Gold Trust
Financial Services
|
Reduced | 3,839,307 | $136,065,040 | 7.40% | |
| DFAS |
Dimensional U.S. Small Cap ETF
|
Added | 1,211,136 | $86,148,103 | 4.68% | |
| DFAX |
Dimensional World ex. U.S. Core Equity 2 ETF
|
Added | 2,304,226 | $78,274,557 | 4.25% | |
| DFIV |
Dimensional International Value ETF
|
Added | 1,402,336 | $74,015,294 | 4.02% | |
| AAPL |
Apple Inc.
Technology
|
Added | 266,862 | $67,726,906 | 3.68% | |
| DFAT |
Dimensional U.S. Targeted Value ETF
|
Reduced | 1,080,817 | $67,497,021 | 3.67% | |
| DFUS |
Dimensional U.S. Equity Market ETF
|
Reduced | 939,846 | $66,644,479 | 3.62% | |
| DFUV |
Dimensional U.S. Marketwide Value ETF
|
Added | 1,338,275 | $64,852,806 | 3.53% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Added | 163,814 | $52,553,169 | 2.86% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 169,395 | $48,711,226 | 2.65% | |
| DFIS |
Dimensional International Small Cap ETF
|
Added | 1,401,653 | $47,193,656 | 2.57% | |
| DISV |
Dimensional International Small Cap Value ETF
|
Added | 1,186,477 | $46,794,652 | 2.54% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 146,422 | $42,002,614 | 2.28% | |
| DFSV |
Dimensional US Small Cap Value ETF
|
Added | 1,114,611 | $39,055,969 | 2.12% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 53,949 | $32,237,224 | 1.75% | |
| DFIC |
Dimensional International Core Equity 2 ETF
|
Reduced | 798,853 | $28,383,247 | 1.54% | |
| DFAI |
Dimensional International Core Equity Market ETF
|
Added | 652,779 | $25,432,269 | 1.38% | |
| DFLV |
Dimensional US Large Cap Value ETF
|
Added | 601,058 | $21,463,781 | 1.17% | |
| DFEV |
Dimensional Emerging Markets Value ETF
|
Added | 585,452 | $20,947,472 | 1.14% | |
| DFEM |
Dimensional Emerging Markets Core Equity 2 ETF
|
Added | 586,553 | $20,265,406 | 1.10% | |
| VT |
VANGUARD TOTAL WORLD STOCK INDEX FUND
|
Added | 137,354 | $18,998,805 | 1.03% | |
| VTEB |
VANGUARD TAX-EXEMPT BOND INDEX FUND
|
Added | 328,916 | $16,409,619 | 0.89% | |
| DFGR |
Dimensional Global Real Estate ETF
|
Added | 562,453 | $14,950,000 | 0.81% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 20,775 | $13,510,813 | 0.73% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 27,261 | $10,091,204 | 0.55% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 56,789 | $9,904,001 | 0.54% | |
| IJS |
iShares S&P Small-Cap 600 Value ETF
|
Added | 77,898 | $9,227,018 | 0.50% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 18,703 | $8,962,477 | 0.49% | |
| VYM |
VANGUARD HIGH DIVIDEND YIELD INDEX FUND
|
Added | 57,833 | $8,565,067 | 0.47% | |
| DHS |
WisdomTree U.S. High Dividend Fund
|
Reduced | 76,466 | $8,351,616 | 0.45% | |
| IWB |
iShares Russell 1000 ETF
|
Reduced | 20,523 | $7,317,680 | 0.40% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 92,365 | $7,166,600 | 0.39% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 33,971 | $7,075,140 | 0.38% | |
| DFAW |
Dimensional World Equity ETF
|
Added | 95,363 | $7,035,882 | 0.38% | |
| ALRM |
Alarm.com Holdings, Inc.
Technology
|
Reduced | 162,538 | $7,020,016 | 0.38% | |
| DLS |
WisdomTree International SmallCap Dividend Fund
|
Reduced | 81,887 | $6,673,790 | 0.36% | |
| VXUS |
Vanguard Total International Stock ETF
|
Reduced | 81,309 | $6,269,736 | 0.34% | |
| SLV |
iShares Silver Trust
|
Reduced | 90,804 | $6,187,384 | 0.34% | |
| VUSB |
VANGUARD ULTRA-SHORT BOND ETF
|
Added | 118,370 | $5,893,050 | 0.32% | |
| BSVO |
EA Bridgeway Omni Small-Cap Value ETF
|
Held | 232,232 | $5,891,725 | 0.32% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Added | 36,630 | $4,868,127 | 0.26% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Added | 73,148 | $4,687,323 | 0.25% | |
| VB |
Vanguard Index Funds
|
Added | 16,670 | $4,366,206 | 0.24% | |
| VNQ |
VANGUARD REAL ESTATE INDEX FUND
|
Reduced | 48,378 | $4,291,128 | 0.23% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Added | 9,782 | $4,171,044 | 0.23% | |
| VV |
VANGUARD LARGE-CAP INDEX FUND
|
Added | 13,096 | $3,913,739 | 0.21% | |
| VTV |
VANGUARD VALUE INDEX FUND
|
Reduced | 19,434 | $3,812,950 | 0.21% | |
| DTH |
WisdomTree International High Dividend Fund
|
Reduced | 70,252 | $3,799,930 | 0.21% |
Showing the top 50 of 318 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.