QUARRY HILL ADVISORS, LLC

Registered adviser

CIK

1965346

Location

ST PAUL, MN

Portfolio Value

Small $260,221,572

Diversification

Highly concentrated

Filing Date

Global Rank

#5,525 / 8,814 ▼ 275

Top Industry

Asset Management 59.2%

3Y Alpha vs SPY

-2.9%

Period ended 4 months ago

Filed Jul 28, 2026 · 3mo

15 quarters · since Dec 2022

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 288334

Roster of Oct 1, 2026

Regulatory AUM

$394,847,559

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
Feb 2026 to Oct 2026	$394,847,559	Individuals and high net worth (100%)
Feb 2025 to Jan 2026	$292,382,348	Individuals and high net worth (100%)
Apr 2024 to Jan 2025	$255,674,876	Individuals and high net worth (100%)
May 2023 to Mar 2024	$226,263,480	Individuals and high net worth (100%)
Apr 2023	$226,263,480	Individuals and high net worth (100%)
Feb 2022 to Mar 2023	$194,119,275	Individuals and high net worth (100%)

1 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 99.2% of the book (60%+)

Turnover

Low turnover

3.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 14.6 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 95.6%; sector active share 88.5% against the combined 13F book's sector weights.

Over time 15 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

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

Top Position

43.5%

−1.0 pts

Top 5

96.5%

−1.3 pts

Top 10

99.2%

−0.4 pts

HHI

3,649

Highly concentrated−74

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	97.8%	$254,617,205	47
Financial Services	1.3%	$3,315,400	1
Technology	0.4%	$1,151,212	2
Healthcare	0.2%	$617,655	1
Industrials	0.2%	$411,100	1
Real Estate	0.0%	$109,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
AVUV	Avantis U.S. Small Cap Value ETF	+30,526	445,593	$55,592,182
DFAC	Dimensional U.S. Core Equity 2 ETF	+23,907	865,847	$38,408,972
DFIC	Dimensional International Core Equity 2 ETF	+23,902	511,484	$19,057,893
AVDV	Avantis International Small Cap Value ETF	+19,757	255,834	$26,363,693
AVRE	Avantis Real Estate ETF	+13,835	173,097	$8,201,335
DFSU	Dimensional US Sustainability Core 1 ETF	+13,597	257,533	$12,008,763
DFSI	Dimensional International Sustainability Core 1 ETF	+10,644	130,867	$5,902,101
DFNM	Dimensional National Municipal Bond ETF	+7,209	75,101	$3,630,006
PDI	PIMCO Dynamic Income Fund	+5,275	198,527	$3,315,400
BOXX	Alpha Architect 1-3 Month Box ETF	+3,425	57,345	$6,714,526
DFSD	Dimensional Short-Duration Fixed Income ETF	+2,306	33,899	$1,618,677
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	+2,235	52,268	$2,554,859
AVIG	Avantis Core Fixed Income ETF	+1,294	22,725	$941,042
AAPL	Apple Inc.	+176	3,267	$945,339
DFGR	Dimensional Global Real Estate ETF	+28	37,062	$1,073,686
AVGO	Broadcom Inc.	+24	545	$205,873
JNJ	Johnson & Johnson	+9	2,432	$617,655
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
AAEQ	Alpha Architect US Equity 2 ETF	−5,933	14,235	$757,116
FRDM	Freedom 100 Emerging Markets ETF	−4,573	113,782	$8,294,707
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	−3,765	244,278	$9,927,457
EMXC	iShares MSCI Emerging Markets ex China ETF	−2,996	19,280	$1,972,344
DFAI	Dimensional International Core Equity Market ETF	−1,204	70,216	$2,896,410
EFV	iShares MSCI EAFE Value ETF	−742	6,120	$468,486
DFSV	Dimensional US Small Cap Value ETF	−731	65,956	$2,558,433
DFAT	Dimensional U.S. Targeted Value ETF	−605	29,565	$2,066,593
AVUS	Avantis U.S. Equity ETF	−532	65,844	$8,433,299
DISV	Dimensional International Small Cap Value ETF	−404	86,564	$3,473,813
DFAU	Dimensional US Core Equity Market ETF	−374	82,388	$4,258,635
AVEM	Avantis Emerging Markets Equity ETF	−344	30,923	$2,983,760
AVSU	Avantis Responsible U.S. Equity ETF	−335	7,271	$643,628
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−116	15,306	$5,663,832
AAUS	Alpha Architect US Equity ETF	−113	38,450	$2,297,156
AVDE	Avantis International Equity ETF	−106	38,479	$3,432,326
IVAL	Alpha Architect International Quantitative Value ETF	−19	10,826	$368,841
IVV	iShares Core S&P 500 ETF	−15	275	$205,944
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
TT	Trane Technologies plc	837	$411,100
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	1,237	$235,673
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

53 tracked positions · $260,221,572 total · filing declares 53 positions · $260,221,599 · as of Jun 30, 2026

All sectors Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AVUV	Avantis U.S. Small Cap Value ETF	Added	445,593	+30,526	$55,592,182	+21.2%	15	before history	21.36%
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	865,847	+23,907	$38,408,972	+17.4%	15	before history	14.76%
AVDV	Avantis International Small Cap Value ETF	Added	255,834	+19,757	$26,363,693	+11.8%	15	before history	10.13%
DFIC	Dimensional International Core Equity 2 ETF	Added	511,484	+23,902	$19,057,893	+10.0%	15	before history	7.32%
DFSU	Dimensional US Sustainability Core 1 ETF	Added	257,533	+13,597	$12,008,763	+19.8%	15	before history	4.61%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Reduced	244,278	-3,765	$9,927,457	+15.8%	15	before history	3.82%
AVUS	Avantis U.S. Equity ETF	Reduced	65,844	-532	$8,433,299	+14.3%	15	before history	3.24%
FRDM	Freedom 100 Emerging Markets ETF	Reduced	113,782	-4,573	$8,294,707	+28.2%	15	before history	3.19%
AVRE	Avantis Real Estate ETF	Added	173,097	+13,835	$8,201,335	+17.0%	15	before history	3.15%
BOXX	Alpha Architect 1-3 Month Box ETF	Added	57,345	+3,425	$6,714,526	+7.1%	10	unpriced	2.58%
DFSI	Dimensional International Sustainability Core 1 ETF	Added	130,867	+10,644	$5,902,101	+15.8%	14	$34.27	2.27%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	15,306	-116	$5,663,832	+14.5%	15	before history	2.18%
DFAU	Dimensional US Core Equity Market ETF	Reduced	82,388	-374	$4,258,635	+14.0%	15	before history	1.64%
DFNM	Dimensional National Municipal Bond ETF	Added	75,101	+7,209	$3,630,006	+11.6%	15	before history	1.39%
DISV	Dimensional International Small Cap Value ETF	Reduced	86,564	-404	$3,473,813	+1.3%	15	before history	1.33%
AVDE	Avantis International Equity ETF	Reduced	38,479	-106	$3,432,326	+4.9%	15	before history	1.32%
PDI	PIMCO Dynamic Income Fund Financial Services	Added	198,527	+5,275	$3,315,400	+0.3%	15	before history	1.27%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	30,923	-344	$2,983,760	+18.4%	15	before history	1.15%
QVAL	Alpha Architect U.S. Quantitative Value ETF	Held	53,176	0	$2,948,609	+6.3%	15	before history	1.13%
DFAI	Dimensional International Core Equity Market ETF	Reduced	70,216	-1,204	$2,896,410	+4.1%	15	before history	1.11%
DFSV	Dimensional US Small Cap Value ETF	Reduced	65,956	-731	$2,558,433	+9.5%	15	before history	0.98%
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	Added	52,268	+2,235	$2,554,859	+20.5%	13	$35.71	0.98%
AAUS	Alpha Architect US Equity ETF	Reduced	38,450	-113	$2,297,156	+13.7%	4	$51.92	0.88%
DFIV	Dimensional International Value ETF	Held	39,712	0	$2,145,242	+2.3%	15	before history	0.82%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	29,565	-605	$2,066,593	+9.7%	15	before history	0.79%
EMXC	iShares MSCI Emerging Markets ex China ETF	Reduced	19,280	-2,996	$1,972,344	+12.6%	15	before history	0.76%
DFSD	Dimensional Short-Duration Fixed Income ETF	Added	33,899	+2,306	$1,618,677	+7.0%	15	before history	0.62%
DFGR	Dimensional Global Real Estate ETF	Added	37,062	+28	$1,073,686	+9.1%	12	$24.35	0.41%
AAPL	Apple Inc. Technology	Added	3,267	+176	$945,339	+20.5%	15	before history	0.36%
IJS	iShares S&P Small-Cap 600 Value ETF	Held	6,890	0	$941,725	—	15	before history	0.36%
AVIG	Avantis Core Fixed Income ETF	Added	22,725	+1,294	$941,042	+5.7%	15	before history	0.36%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Held	5,041	0	$828,085	—	5	unpriced	0.32%
AAEQ	Alpha Architect US Equity 2 ETF	Reduced	14,235	-5,933	$757,116	−19.3%	3	unpriced	0.29%
SPY	Spdr S&P 500 ETF Trust	Held	936	0	$698,976	+14.8%	15	before history	0.27%
DFUS	Dimensional U.S. Equity Market ETF	Held	8,511	0	$697,391	+15.6%	15	before history	0.27%
DFAE	Dimensional Emerging Core Equity Market ETF	Held	16,183	0	$650,718	+18.8%	15	before history	0.25%
AVSU	Avantis Responsible U.S. Equity ETF	Reduced	7,271	-335	$643,628	+14.5%	11	$68.31	0.25%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Held	2,550	0	$619,624	+11.8%	15	before history	0.24%
JNJ	Johnson & Johnson Healthcare	Added	2,432	+9	$617,655	+4.3%	15	before history	0.24%
EFV	iShares MSCI EAFE Value ETF	Reduced	6,120	-742	$468,486	—	15	before history	0.18%
SCHV	Schwab U.S. Large-Cap Value ETF	Held	12,120	0	$421,897	+14.1%	15	before history	0.16%
TT	Trane Technologies plc Industrials	NEW	837	NEW	$411,100	NEW	1	$467.68	0.16%
IVAL	Alpha Architect International Quantitative Value ETF	Reduced	10,826	-19	$368,841	+0.1%	13	unpriced	0.14%
IWM	iShares Russell 2000 ETF	Held	1,160	0	$348,522	—	15	before history	0.13%
VXUS	Vanguard Total International Stock ETF	Held	3,266	0	$279,210	+10.9%	10	$58.95	0.11%
DFAS	Dimensional U.S. Small Cap ETF	Held	3,362	0	$276,827	+15.8%	15	before history	0.11%
VEU	Vanguard International Equity Index Funds	Held	3,190	0	$267,162	+11.5%	15	before history	0.10%
AAUA	Alpha Architect US Equity 3 ETF	Held	4,497	0	$255,969	+16.3%	2	unpriced	0.10%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	NEW	1,237	NEW	$235,673	NEW	1	$170.86	0.09%
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	Held	2,545	0	$231,060	+14.8%	4	$77.71	0.09%

Showing the top 50 of 53 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.