Evanson Asset Management, LLC

Q4 2025 13F-HR Holdings

Location
Carmel, CA
Holdings as of
12/31/2025
Date filed
1/12/2026
Form type
13F-HR
Num holdings
326
Total value ($000)
$1,853,318
Net value change ($000)
+80,011 (4.5%)
New positions
11
Sold out positions
9
Turnover %
0.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/14/2025 Next filing: 4/8/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
VBIL 40,661 39.5%
DFIV 6,637 10.6%
GOOGL 4,851 10.1%
DFAC 4,505 2.9%
DISV 4,260 10.9%
DFUS 4,003 6.0%
DFSV 3,450 11.4%
VOO 3,284 12.2%
DFUV 3,217 5.5%
VUSB 3,020 318.9%
Top Reduces (Value $000, Stocks/ETFs)
METV -21,267 -45.8%
AAPL -3,804 -5.0%
NVDA -3,772 -25.9%
ABCS -3,011 -100.0%
AMZN -1,723 -18.2%
BRK-B -1,284 -11.2%
BND -1,274 -40.0%
JPST -1,169 -100.0%
MSFT -1,140 -7.7%
BNDX -951 -73.3%
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