D'Orazio & Associates, Inc.

Registered adviser

CIK

1646821

Location

VIENNA, VA

Portfolio Value

Small $864,060,308

Diversification

Diversified

Filing Date

Global Rank

#2,763 / 8,818 ▼ 25

Top Industry

Asset Management 17.9%

Period ended 4 months ago

Filed Jul 28, 2026 · 3mo

26 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 131976

Roster of Oct 1, 2026

Regulatory AUM

$1,442,740,447

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$1,442,740,447	Individuals and high net worth (100%)
Mar 2025 to Mar 2026	$1,322,181,149	Individuals and high net worth (100%)
Apr 2024 to Feb 2025	$1,190,037,040	Individuals and high net worth (100%)
May 2023 to Mar 2024	$1,015,149,591	Individuals and high net worth (100%)
Apr 2023	$1,015,149,591	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$1,195,422,086	Individuals and high net worth (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 70.8% of the book (60%+)

Turnover

Low turnover

12.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.3 quarters (12+), a floor since 30.2% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 71.7%; sector active share 48.2% against the combined 13F book's sector weights.

Over time 26 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 backtest

Portfolio Concentration

322 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

19.1%

+0.6 pts

Top 5

52.9%

−1.0 pts

Top 10

70.8%

−0.2 pts

HHI

777

Diversified+13

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	58.5%	$505,537,990	64
Financial Services	13.9%	$119,697,035	56
Technology	8.7%	$74,910,963	43
Industrials	7.6%	$65,574,550	43
Healthcare	4.0%	$34,843,813	24
Consumer Cyclical	2.5%	$21,404,468	25
Communication Services	2.1%	$18,386,196	19
Consumer Defensive	1.3%	$11,541,237	15
Energy	0.5%	$4,654,600	10
Basic Materials	0.5%	$4,421,686	12
Utilities	0.3%	$2,453,112	8
Real Estate	0.1%	$634,658	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VCRB	VANGUARD CORE BOND ETF	+63,324	307,966	$23,785,138
JPIE	JPMorgan Income ETF	+44,951	991,357	$45,651,989
IDMO	Invesco Ltd.	+38,244	321,925	$19,408,858
GARP	iShares MSCI USA Quality GARP ETF	+28,625	187,575	$15,484,316
VCRM	Vanguard Municipal Bond Funds	+27,040	76,991	$5,882,112
AVDV	Avantis International Small Cap Value ETF	+24,811	165,162	$17,019,944
AVEM	Avantis Emerging Markets Equity ETF	+18,347	111,228	$10,732,389
VEA	Vanguard FTSE Developed Markets ETF	+13,755	586,614	$41,796,247
AVDE	Avantis International Equity ETF	+12,400	17,704	$1,579,196
QUAD	Quad/Graphics, Inc.	+7,493	41,862	$352,896
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+6,373	7,288	$871,061
DBMF	iMGP DBI Managed Futures Strategy ETF	+4,780	11,765	$360,126
KLAC	Kla Corp	+4,618	5,118	$1,544,151
FMS	Fresenius Medical Care AG	+4,606	13,511	$305,483
VGMS	VANGUARD MULTI-SECTOR INCOME BOND ETF	+4,478	19,803	$1,015,695
IX	Orix Corp	+4,457	12,546	$477,249
VUG	VANGUARD GROWTH INDEX FUND	+4,450	5,342	$460,159
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+3,552	417,676	$154,556,827
MTUM	iShares MSCI USA Momentum Factor ETF	+3,481	63,196	$21,665,484
BTE	Baytex Energy Corp.	+3,458	14,991	$59,964
BKNG	Booking Holdings Inc.	+2,452	2,548	$454,155
AAPL	Apple Inc.	+2,300	45,622	$13,201,181
JCPB	JPMorgan Core Plus Bond ETF	+2,190	18,172	$852,993
CL	Colgate Palmolive Co	+2,154	5,572	$510,840
CSCO	Cisco Systems, Inc.	+2,085	12,925	$1,518,170
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OPTT	Ocean Power Technologies, Inc.	−207,174	197,503	$51,350
SPGP	Victory Portfolios II	−106,090	7,230	$884,156
IQLT	iShares MSCI Intl Quality Factor ETF	−60,917	906,626	$44,923,318
BAH	Booz Allen Hamilton Holding Corp	−22,410	698,124	$42,355,183
JQUA	JPMorgan U.S. Quality Factor ETF	−18,010	230,194	$16,638,422
WB	WEIBO Corp	−11,718	15,069	$109,400
FINV	FinVolution Group	−9,297	16,259	$77,880
DGRO	iShares Core Dividend Growth ETF	−7,893	422,469	$32,018,925
AUB	Atlantic Union Bankshares Corp	−7,843	5,143	$217,600
SSP	E.W. SCRIPPS Co	−6,055	19,198	$53,178
BOND	PIMCO Active Bond Exchange-Traded Fund	−5,871	15,730	$1,450,463
BBDO	Bank Bradesco	−5,840	128,160	$384,480
TLK	Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk	−5,302	19,930	$267,659
VIPS	Vipshop Holdings Ltd	−4,053	12,206	$161,851
PLTR	Palantir Technologies Inc.	−3,932	3,874	$451,979
TTEK	Tetra Tech Inc	−3,884	61,472	$1,775,926
BTI	British American Tobacco p.l.c.	−3,246	13,406	$827,954
PFE	Pfizer Inc	−3,063	24,083	$579,918
BRK-B	Berkshire Hathaway Inc	−2,786	68,256	$34,154,619
TTMI	Ttm Technologies Inc	−1,994	39,860	$7,454,617
HON	Honeywell International Inc	−1,861	1,809	$405,035
BA	Boeing Co	−1,719	9,156	$1,981,999
QUAL	iShares MSCI USA Quality Factor ETF	−1,689	3,360	$737,284
MFC	Manulife Financial Corp	−1,613	8,237	$333,680
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	−1,560	34,556	$865,973
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
INFQ	Infleqtion, Inc.	69,481	$925,486
SNDK	Sandisk Corp	182	$413,818
ASX	ASE Technology Holding Co., Ltd.	9,096	$410,411
HONA	Honeywell Aerospace Inc.	1,808	$399,712
CNI	Canadian National Railway Co	3,095	$369,047
MRVL	Marvell Technology, Inc.	1,216	$362,234
ODFL	Old Dominion Freight Line, Inc.	1,513	$327,715
RFIL	R F Industries Ltd	14,823	$314,395
ADP	Automatic Data Processing Inc	1,363	$305,243
CTA	EIDP, Inc.	11,285	$292,732
CTSH	Cognizant Technology Solutions Corp	7,443	$288,267
TXN	Texas Instruments Inc	946	$281,974
CRWD	CrowdStrike Holdings, Inc.	356	$271,677
CM	Canadian Imperial Bank Of Commerce	2,138	$245,870
ASML	Asml Holding NV	121	$240,722
ITRN	Ituran Location & Control Ltd.	3,893	$237,511
WSM	Williams Sonoma Inc	1,016	$236,829
AUPH	Aurinia Pharmaceuticals Inc.	13,694	$232,387
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	1,578	$223,902
SPG	Simon Property Group Inc.	999	$223,426
NTRS	Northern Trust Corp	1,272	$221,124
ANET	Arista Networks, Inc.	1,297	$220,334
STT	State Street Corp	1,298	$220,140
NOW	ServiceNow, Inc.	2,215	$219,905
MCY	Mercury General Corp	2,056	$219,210
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
ACN	Accenture plc	2,167	$429,694
TIMB	Tim S.A.	10,817	$286,542
MDT	Medtronic plc	3,134	$271,561
PSIX	Power Solutions International, Inc.	4,396	$267,628
AMT	American Tower Corp	1,528	$263,702
UI	Ubiquiti Inc.	330	$260,795
MRSH	Marsh & Mclennan Companies, Inc.	1,476	$256,012
BP	Bp PLC	5,345	$251,215
NXST	Nexstar Media Group, Inc.	1,368	$247,375
CRM	Salesforce, Inc.	1,278	$238,564
EMBJ	Embraer S.A.	3,998	$237,241
COR	Cencora, Inc.	724	$227,437
KKR	KKR & Co. Inc.	2,400	$222,000
KT	Kt Corp	10,327	$221,514
SAP	Sap SE	1,276	$218,463
ADSK	Autodesk, Inc.	892	$213,544
ULTA	Ulta Beauty, Inc.	408	$213,265
GLDM	World Gold Trust	2,290	$212,260
SMFG	Sumitomo Mitsui Financial Group, Inc.	10,340	$204,215
TS	Tenaris SA	3,499	$203,571
GNL	Global Net Lease, Inc.	13,244	$123,963
AP	Ampco Pittsburgh Corp	11,103	$74,612
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

322 tracked positions · $864,060,308 total · filing declares 322 positions · $864,058,539 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 322 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	417,676	+3,552	$154,556,827	+16.3%	15	unpriced	17.89%
JPIE	JPMorgan Income ETF	Added	991,357	+44,951	$45,651,989	+4.7%	13	$45.24	5.28%
IQLT	iShares MSCI Intl Quality Factor ETF	Reduced	906,626	-60,917	$44,923,318	+0.4%	13	unpriced	5.20%
QQQM	Invesco Ltd. Financial Services	Added	141,092	+1,220	$42,746,643	+28.6%	13	$167.95	4.95%
BAH	Booz Allen Hamilton Holding Corp Industrials	Reduced	698,124	-23,110	$42,355,183	−24.7%	26+	before history	4.90%
VEA	Vanguard FTSE Developed Markets ETF	Added	586,614	+13,755	$41,796,247	+13.9%	26+	before history	4.84%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	68,256	-2,786	$34,154,619	+0.3%	26+	before history	3.95%
DGRO	iShares Core Dividend Growth ETF	Reduced	422,469	-7,893	$32,018,925	+6.0%	22	unpriced	3.71%
VCRB	VANGUARD CORE BOND ETF	Added	307,966	+63,324	$23,785,138	+25.6%	5	$77.66	2.75%
QQQ	Invesco Qqq Trust, Series 1	Reduced	32,236	-463	$23,738,590	+25.8%	26+	before history	2.75%
MTUM	iShares MSCI USA Momentum Factor ETF	Added	63,196	+3,481	$21,665,484	+51.2%	5	unpriced	2.51%
UNH	Unitedhealth Group Inc Healthcare	Added	48,884	+569	$20,317,656	+55.4%	26+	before history	2.35%
IDMO	Invesco Ltd. Financial Services	Added	321,925	+38,244	$19,408,858	+24.8%	5	$53.00	2.25%
AVDV	Avantis International Small Cap Value ETF	Added	165,162	+24,811	$17,019,944	+21.4%	13	$68.73	1.97%
JQUA	JPMorgan U.S. Quality Factor ETF	Reduced	230,194	-18,010	$16,638,422	+9.3%	10	$53.05	1.93%
GARP	iShares MSCI USA Quality GARP ETF	Added	187,575	+28,625	$15,484,316	+52.3%	8	unpriced	1.79%
NVDA	Nvidia Corp Technology	Added	66,872	+1,224	$13,380,418	+16.9%	25	unpriced	1.55%
AAPL	Apple Inc. Technology	Added	45,622	+2,300	$13,201,181	+20.1%	26+	before history	1.53%
AVEM	Avantis Emerging Markets Equity ETF	Added	111,228	+18,347	$10,732,389	+43.4%	11	$67.36	1.24%
MSFT	Microsoft Corp Technology	Added	25,699	+130	$9,586,240	+1.3%	26+	before history	1.11%
VOO	VANGUARD 500 INDEX FUND	Reduced	12,408	-362	$8,521,938	+11.7%	26+	before history	0.99%
TTMI	Ttm Technologies Inc Technology	Reduced	39,860	-1,994	$7,454,617	+82.8%	7	$22.65	0.86%
VCRM	Vanguard Municipal Bond Funds	Added	76,991	+27,040	$5,882,112	+56.7%	3	$75.84	0.68%
AMZN	Amazon Com Inc Consumer Cyclical	Added	23,115	+950	$5,509,229	+19.3%	26+	before history	0.64%
GOOGL	Alphabet Inc. Communication Services	Added	15,018	+234	$5,366,982	+26.2%	26+	before history	0.62%
GOOG	Alphabet Inc. Communication Services	Added	13,921	+187	$4,918,706	+24.8%	26+	before history	0.57%
AVGO	Broadcom Inc. Technology	Reduced	10,369	-281	$3,916,889	+18.8%	13	$135.28	0.45%
VIG	Vanguard Specialized Funds	Reduced	14,791	-629	$3,499,846	+5.5%	15	$152.61	0.41%
LMT	Lockheed Martin Corp Industrials	Added	6,662	+11	$3,394,022	−15.6%	26+	before history	0.39%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	55,603	-364	$3,318,943	+9.7%	26+	before history	0.38%
TSLA	Tesla, Inc. Consumer Cyclical	Added	7,787	+123	$3,275,212	+15.0%	26+	before history	0.38%
MAR	Marriott International Inc Consumer Cyclical	Reduced	8,183	-101	$3,032,537	+11.9%	26+	before history	0.35%
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Added	43,489	+125	$2,672,833	+11.0%	11	$50.26	0.31%
MU	Micron Technology Inc Technology	Reduced	2,209	-267	$2,549,826	+204.8%	11	$91.08	0.30%
JNJ	Johnson & Johnson Healthcare	Reduced	9,747	-153	$2,475,445	+2.3%	26+	before history	0.29%
LLY	ELI LILLY & Co Healthcare	Reduced	2,049	-171	$2,457,632	+20.4%	26+	before history	0.28%
GLD	Spdr Gold Trust	Reduced	6,616	-1,367	$2,437,202	−29.0%	15	$193.31	0.28%
SCHB	Schwab U.S. Broad Market ETF	Added	83,737	+8	$2,425,023	+15.4%	16	unpriced	0.28%
CLS	Celestica Inc Technology	Reduced	6,594	-546	$2,405,491	+19.6%	12	$21.60	0.28%
META	Meta Platforms, Inc. Communication Services	Reduced	4,144	-34	$2,334,273	−2.3%	18	$339.45	0.27%
V	Visa Inc. Financial Services	Added	6,468	+514	$2,219,106	+23.3%	26+	before history	0.26%
JPM	Jpmorgan Chase & Co Financial Services	Added	6,303	+20	$2,063,160	+11.6%	26+	before history	0.24%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Added	12,554	+1,168	$2,062,245	+27.2%	8	unpriced	0.24%
BA	Boeing Co Industrials	Reduced	9,156	-1,719	$1,981,999	−8.4%	3	$208.74	0.23%
WMT	Walmart Inc. Consumer Defensive	Reduced	16,636	-145	$1,884,193	−9.7%	26+	before history	0.22%
STX	Seagate Technology Holdings plc Technology	Reduced	1,844	-17	$1,779,460	+144.1%	5	$132.52	0.21%
TTEK	Tetra Tech Inc Industrials	Reduced	61,472	-3,884	$1,775,926	−9.8%	18	unpriced	0.21%
XOM	ExxonMobil Holdings Corp Energy	Reduced	12,454	-587	$1,702,710	−23.0%	26+	before history	0.20%
PM	Philip Morris International Inc. Consumer Defensive	Added	9,311	+286	$1,684,453	+12.9%	26+	before history	0.19%
AVDE	Avantis International Equity ETF	Added	17,704	+12,400	$1,579,196	+250.9%	2	$88.84	0.18%

Showing the top 50 of 322 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.