Porter White Investment Advisors, Inc.

Q3 2025 13F-HR Holdings

Location
Birmingham, AL
Holdings as of
9/30/2025
Date filed
10/22/2025
Form type
13F-HR
Num holdings
35
Total value ($000)
$232,912
Net value change ($000)
+18,155 (8.5%)
New positions
1
Sold out positions
3
Turnover %
1.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DFAC 6,353 7.2%
DFUV 2,778 6.9%
DFGX 1,201 55.8%
DFIP 1,097 54.7%
LIAM 1,051 NEW
AVUV 976 9.9%
DFCF 943 20.8%
DFSD 930 39.5%
AVDV 859 10.8%
DGCB 550 109.3%
Top Reduces (Value $000, Stocks/ETFs)
DUSB -579 -50.2%
STONE RIDGE TR -488 -100.0%
STONE RIDGE TR -485 -100.0%
STONE RIDGE TR -271 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type