Duncan Williams Asset Management, LLC
SEC Form 13F institutional filer · CIK 0002011771
13F-HR · 87 reported holdings · 2026-03-31
Reported long-US-equity value
$0.18B
Top-10 concentration
59.4%
Duncan Williams Asset Management, LLC — $175M AUM allocation strategy
Duncan Williams Asset Management, LLC files SEC Form 13F and reports $175M of long US equity value across 87 reported holdings for 2026-03-31.
Its largest sector bet is Financials 23.4%, followed by Information Technology 12.0% and Consumer Discretionary 5.1%.
The top 10 holdings account for 59% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Duncan Williams Asset Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$175M
total across 87 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
59% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +2.79K sh · +$99.3K+$AAPL +2.57K sh · −$601K+$AVGO +1.76K sh · +$548K
Biggest trims (shares)
−$SCHW −39K sh · −$1.29M−$QQQ −8.13K sh · −$5.02M−$TFC −4.77K sh · −$336K
Exited to nil (held last quarter, gone now)
$CRM ($1.01M last qtr)$CPRT ($791K last qtr)$WDAY ($738K last qtr)$VTI ($589K last qtr)$BEN ($316K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage11.8%—
- Technology Hardware, Storage & Peripherals8.3%—
- Multi-Sector Holdings3.9%—
- Systems Software3.6%—
- Transaction & Payment Processing Services3.3%—
- Asset Management & Custody Banks3.0%—
- Broadline Retail2.8%—
- Automotive Retail2.4%—
- Other holdings60.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 57.8K | $14.7M | +2.57K | 8.4% |
| $GS | Goldman Sachs Group Inc | 173K | $13.2M | -3.48K | 7.5% |
| $SCHW | Charles Schwab Corporation | 246K | $7.56M | -39K | 4.3% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 14.5K | $6.94M | -123 | 4.0% |
| $MSFT | Microsoft Corporation | 17.2K | $6.35M | -593 | 3.6% |
| $IVZ | Invesco Ltd | 50.8K | $5.32M | +2.79K | 3.0% |
| $AMZN | Amazon.com Inc | 23.5K | $4.9M | -743 | 2.8% |
…and 80 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.