DIVERGENT WEALTH ADVISORS, LLC

Exempt adviser

CIK

1731275

Location

MIDVALE, UT

Portfolio Value

Small $531,917,866

Diversification

Highly concentrated

Filing Date

Global Rank

#3,007 / 7,447 ▼ 10 · as of Sep 2024

Top Industry

Consumer Electronics 56.7%

Period ended 2 years ago

Filed Oct 30, 2024 · 2y

19 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

Exempt adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 286383

Roster of Nov 1, 2026

Private funds

2 funds · Real estate funds

Focus by gross assets, Schedule D of Nov 19, 2024

$13,700,000 gross assets

Private funds on Schedule D 7.B.(1)

As filed Nov 19, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$25,240,410 gross assets in 3 funds Real estate funds $21,840,472 (1) Private equity funds $3,399,938 (2)

Form ADV history

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

Rosters	Regulatory AUM	Main clients
Feb 2026 to Nov 2026	—	—
Apr 2025 to Jan 2026	—	—
Feb 2025 to Mar 2025	—	—
Nov 2024 to Jan 2025	—	—
Apr 2024 to Oct 2024	$617,359,556	Individuals and high net worth (94%)
Dec 2023 to Mar 2024	$567,673,335	Individuals and high net worth (94%)

7 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2024, never from the firm's own description.

Style

Concentrated

The top 10 positions are 99.9% of the book (60%+)

Turnover

Low turnover

13.7% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.6 quarters (12+), a floor since 57.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 95.4%; sector active share 87.8% against the combined 13F book's sector weights.

Over time 19 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

30 tracked positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

92.9%

+0.2 pts

Top 5

99.5%

−0.0 pts

Top 10

99.9%

−0.0 pts

HHI

8,668

Highly concentrated+31

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Unclassified	99.9%	$531,298,332	28
Technology	0.1%	$351,364	1
Industrials	0.1%	$268,170	1

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
SHV	iShares 0-1 Year Treasury Bond ETF	+60,638	1,156,791	$127,975,788
TFLO	iShares Treasury Floating Rate Bond ETF	+20,051	458,831	$23,216,848
IDEV	iShares Core MSCI International Developed Markets ETF	+18,689	423,640	$30,006,421
AGG	iShares Core U.S. Aggregate Bond ETF	+11,108	422,926	$42,829,716
IEMG	iShares Trust	+10,977	236,543	$0
IJH	iShares Core S&P Mid-Cap ETF	+9,705	273,254	$17,029,189
IJR	iShares Core S&P Small-Cap ETF	+1,139	110,301	$12,900,804
IEI	iShares 3-7 Year Treasury Bond ETF	+365	30,824	$3,686,858
TLT	iShares 20+ Year Treasury Bond ETF	+117	10,869	$1,066,248
IAU	Ishares Gold Trust	+75	17,333	$861,450
EEMA	iShares Trust	+50	4,231	$0
EWY	iShares Trust	+37	3,361	$0
EMLP	First Trust North American Energy Infrastructure Fund	+29	10,507	$353,035
SCHX	Schwab U.S. Large-Cap ETF	+22	3,651	$247,720
TIP	iShares TIPS Bond ETF	+7	4,549	$502,528
PPA	Victory Portfolios II	+3	2,827	$325,020
IYW	iShares, Inc.	+1	4,382	$664,398
AAPL	Apple Inc.	+1	1,508	$351,364
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
IXUS	iShares Core MSCI Total International Stock ETF	−3,605	58,607	$4,256,626
IVV	iShares Core S&P 500 ETF	−3,277	370,896	$213,940,230
ONEQ	Fidelity Nasdaq Composite Index ETF	−1,919	450,496	$32,255,513
ITOT	iShares Core S&P Total U.S. Stock Market ETF	−200	122,478	$15,385,686
UNP	Union Pacific Corp	−125	1,088	$268,170
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−97	3,383	$957,930
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
VEA	Vanguard FTSE Developed Markets ETF	3,942	$208,177
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

30 tracked positions · $531,917,866 total · filing declares 33 positions · $547,033,417 · as of Sep 30, 2024

All sectors Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Reduced	370,896	-3,277	$213,940,230	+4.5%	19+	before history	40.22%
SHV	iShares 0-1 Year Treasury Bond ETF	Added	1,156,791	+60,638	$127,975,788	+5.7%	17	unpriced	24.06%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	422,926	+11,108	$42,829,716	+7.1%	19+	before history	8.05%
ONEQ	Fidelity Nasdaq Composite Index ETF	Reduced	450,496	-1,919	$32,255,513	+2.0%	17	$44.20	6.06%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	423,640	+18,689	$30,006,421	+12.9%	17	unpriced	5.64%
TFLO	iShares Treasury Floating Rate Bond ETF	Added	458,831	+20,051	$23,216,848	+4.4%	8	unpriced	4.36%
IJH	iShares Core S&P Mid-Cap ETF	Added	273,254	+9,705	$17,029,189	+10.4%	19+	before history	3.20%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Reduced	122,478	-200	$15,385,686	+5.6%	19+	before history	2.89%
IJR	iShares Core S&P Small-Cap ETF	Added	110,301	+1,139	$12,900,804	+10.8%	19+	before history	2.43%
IXUS	iShares Core MSCI Total International Stock ETF	Reduced	58,607	-3,605	$4,256,626	+1.3%	19+	before history	0.80%
IEI	iShares 3-7 Year Treasury Bond ETF	Added	30,824	+365	$3,686,858	+4.8%	9	unpriced	0.69%
TLT	iShares 20+ Year Treasury Bond ETF	Added	10,869	+117	$1,066,248	+8.0%	8	unpriced	0.20%
EAGG	iShares ESG Aware U.S. Aggregate Bond ETF	Held	20,890	0	$1,015,045	+4.2%	8	unpriced	0.19%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	3,383	-97	$957,930	+2.9%	13	unpriced	0.18%
IAU	Ishares Gold Trust	Added	17,333	+75	$861,450	+13.6%	7	$37.02	0.16%
IYW	iShares, Inc.	Added	4,382	+1	$664,398	+0.8%	8	$91.53	0.12%
TIP	iShares TIPS Bond ETF	Added	4,549	+7	$502,528	+3.6%	19+	before history	0.09%
BSCQ	Invesco BulletShares 2026 Corporate Bond ETF	Held	22,668	0	$443,386	+2.0%	5	$18.91	0.08%
BSCS	Invesco BulletShares 2028 Corporate Bond ETF	Held	19,881	0	$408,753	+3.1%	4	$19.62	0.08%
BSCR	Invesco BulletShares 2027 Corporate Bond ETF	Held	20,073	0	$395,839	+2.6%	5	$18.95	0.07%
IMCB	iShares Morningstar Mid-Cap ETF	Held	4,803	0	$365,124	+8.5%	8	unpriced	0.07%
EMLP	First Trust North American Energy Infrastructure Fund	Added	10,507	+29	$353,035	+10.6%	4	$26.97	0.07%
AAPL	Apple Inc. Technology	Added	1,508	+1	$351,364	+10.7%	2	$186.51	0.07%
PPA	Victory Portfolios II	Added	2,827	+3	$325,020	+12.0%	4	$85.58	0.06%
UNP	Union Pacific Corp Industrials	Reduced	1,088	-125	$268,170	−2.3%	19+	before history	0.05%
SCHX	Schwab U.S. Large-Cap ETF	Added	3,651	+22	$247,720	+6.2%	6	unpriced	0.05%
VEA	Vanguard FTSE Developed Markets ETF	NEW	3,942	NEW	$208,177	NEW	1	$50.85	0.04%
EEMA	iShares Trust	Added	4,231	+50	$0	—	5	unpriced	0.00%
EWY	iShares Trust	Added	3,361	+37	$0	—	4	unpriced	0.00%
IEMG	iShares Trust	Added	236,543	+10,977	$0	—	19+	before history	0.00%

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.