Thayer Financial, L.L.C.

CIK

2100981

Location

HICKORY, NC

Portfolio Value

Small $111,026,470

Diversification

Highly concentrated

Filing Date

Global Rank

#8,167 / 8,815 ▼ 44 · as of Jun 2026

Top Industry

Utilities - Regulated Electric 33.9%

Period ended 23 days ago

Filed Oct 21, 2026 · 2d

4 quarters · since Dec 2025

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 Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 98.0% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 3.0 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 92.4%; sector active share 85.9% against the combined 13F book's sector weights.

Over time 3 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

32 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

37.9%

+0.8 pts

Top 5

89.6%

+0.8 pts

Top 10

98.2%

+0.2 pts

HHI

2,797

Highly concentrated+407

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	98.3%	$109,131,978	28
Technology	0.7%	$816,130	2
Utilities	0.6%	$642,332	1
Consumer Cyclical	0.4%	$436,030	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
CGMS	Capital Group U.S. Multi-Sector Income ETF	+32,318	290,946	$7,631,513
DFAI	Dimensional International Core Equity Market ETF	+17,581	340,827	$14,120,462
DFAE	Dimensional Emerging Core Equity Market ETF	+7,276	157,944	$6,208,778
SCHG	Schwab U.S. Large-Cap Growth ETF	+2,935	106,144	$3,813,753
DUHP	Dimensional US High Profitability ETF	+2,071	104,610	$4,384,205
VTV	VANGUARD VALUE INDEX FUND	+1,761	75,718	$16,361,145
VUG	VANGUARD GROWTH INDEX FUND	+1,561	206,118	$18,573,292
DUK	Duke Energy CORP	+1,052	5,634	$642,332
VB	Vanguard Index Funds	+783	20,915	$5,950,108
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+673	1,385	$518,322
SCHV	Schwab U.S. Large-Cap Value ETF	+522	42,074	$1,401,484
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
AVDE	Avantis International Equity ETF	−1,298	21,007	$1,892,940
IEFA	iShares Core MSCI EAFE ETF	−944	5,210	$504,744
SMLF	iShares U.S. Small-Cap Equity Factor ETF	−544	9,748	$814,542
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−271	29,100	$1,778,883
IDEV	iShares Core MSCI International Developed Markets ETF	−225	5,812	$520,057
AVSC	Avantis U.S. Small Cap Equity ETF	−148	8,377	$579,185
SMMD	iShares Russell 2500 ETF	−147	8,766	$749,668
VOO	VANGUARD 500 INDEX FUND	−133	570	$399,490
QQQ	Invesco Qqq Trust, Series 1	−112	1,186	$877,367
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−2	5,420	$321,460
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
DFCF	Dimensional Core Fixed Income ETF	187,185	$7,509,862
DFSD	Dimensional Short-Duration Fixed Income ETF	114,826	$5,336,193
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	92,071	$5,299,606
DUSB	Dimensional Ultrashort Fixed Income ETF	32,552	$1,643,550
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	3,768	$473,524
NVDA	Nvidia Corp	978	$223,355
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
CGSD	Capital Group Short Duration Income ETF	461,835	$11,883,014
VRIG	Invesco Variable Rate Investment Grade ETF	191,503	$4,800,980
DFAT	Dimensional U.S. Targeted Value ETF	58,801	$4,110,189
LDUR	PIMCO Enhanced Low Duration Active Exchange-Traded Fund	4,470	$427,376
PYLD		14,878	$394,564
DFAC	Dimensional U.S. Core Equity 2 ETF	6,288	$278,935
GLW	Corning Inc	1,000	$255,430
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

32 tracked positions · $111,026,470 total · filing declares 32 positions · $111,069,815 · as of Sep 30, 2026

All sectors Consumer Cyclical Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VUG	VANGUARD GROWTH INDEX FUND	Added	206,118	+1,561	$18,573,292	+5.4%	16.73%
VTV	VANGUARD VALUE INDEX FUND	Added	75,718	+1,761	$16,361,145	+1.5%	14.74%
DFAI	Dimensional International Core Equity Market ETF	Added	340,827	+17,581	$14,120,462	+5.9%	12.72%
CGMS	Capital Group U.S. Multi-Sector Income ETF	Added	290,946	+32,318	$7,631,513	+8.0%	6.87%
DFCF	Dimensional Core Fixed Income ETF	NEW	187,185	NEW	$7,509,862	NEW	6.76%
DFAE	Dimensional Emerging Core Equity Market ETF	Added	157,944	+7,276	$6,208,778	+2.5%	5.59%
VB	Vanguard Index Funds	Added	20,915	+783	$5,950,108	−2.5%	5.36%
DFSD	Dimensional Short-Duration Fixed Income ETF	NEW	114,826	NEW	$5,336,193	NEW	4.81%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	NEW	92,071	NEW	$5,299,606	NEW	4.77%
DUHP	Dimensional US High Profitability ETF	Added	104,610	+2,071	$4,384,205	+2.5%	3.95%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	106,144	+2,935	$3,813,753	+9.2%	3.43%
AVDE	Avantis International Equity ETF	Reduced	21,007	-1,298	$1,892,940	−4.9%	1.70%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	29,100	-271	$1,778,883	−0.4%	1.60%
DUSB	Dimensional Ultrashort Fixed Income ETF	NEW	32,552	NEW	$1,643,550	NEW	1.48%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	42,074	+522	$1,401,484	−3.1%	1.26%
QQQ	Invesco Qqq Trust, Series 1	Reduced	1,186	-112	$877,367	−8.2%	0.79%
SMLF	iShares U.S. Small-Cap Equity Factor ETF	Reduced	9,748	-544	$814,542	−11.2%	0.73%
SMMD	iShares Russell 2500 ETF	Reduced	8,766	-147	$749,668	−8.2%	0.68%
IUSG	iShares Core S&P U.S. Growth ETF	Held	3,855	0	$746,906	+3.0%	0.67%
DUK	Duke Energy CORP Utilities	Added	5,634	+1,052	$642,332	+10.7%	0.58%
AAPL	Apple Inc. Technology	Held	1,780	0	$592,775	+15.1%	0.53%
AVSC	Avantis U.S. Small Cap Equity ETF	Reduced	8,377	-148	$579,185	−7.4%	0.52%
IDEV	iShares Core MSCI International Developed Markets ETF	Reduced	5,812	-225	$520,057	−3.2%	0.47%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	1,385	+673	$518,322	+96.7%	0.47%
IEFA	iShares Core MSCI EAFE ETF	Reduced	5,210	-944	$504,744	−15.1%	0.45%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	NEW	3,768	NEW	$473,524	NEW	0.43%
LOW	Lowes Companies Inc Consumer Cyclical	Held	2,366	0	$436,030	−16.4%	0.39%
AVEM	Avantis Emerging Markets Equity ETF	Held	4,487	0	$421,867	−2.6%	0.38%
VOO	VANGUARD 500 INDEX FUND	Reduced	570	-133	$399,490	−17.3%	0.36%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	5,420	-2	$321,460	−0.7%	0.29%
VV	VANGUARD LARGE-CAP INDEX FUND	Held	850	0	$299,072	+2.3%	0.27%
NVDA	Nvidia Corp Technology	NEW	978	NEW	$223,355	NEW	0.20%

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.