SEC 13F Intelligence

Managers / Q1 2025 · view latest →

ACORN FINANCIAL ADVISORY SERVICES INC /ADV

CIK 0001018561 · 1900 CAMPUS COMMONS DR., SUITE 600, RESTON, VA, 20191 · 703-293-3100

Reported Value
$553M
Q1 2025
Positions
188
Filings on Record
26
2019–present window
Filed
Apr 29, 2025
original filing

Summary

Acorn Financial Advisory Services Inc /Adv reported $553M in U.S.-listed holdings across 188 positions for Q1 2025.

Its largest position, Rbb Fd, represents 11.2% of the portfolio.

Compared with Q4 2024, the fund opened 6 new positions and exited 23.

Portfolio Metrics

Turnover
+7.8%
vs prior filed quarter
Top-10 Concentration
+60.4%
share of reported value
Largest Position
+11.2%
Rbb Fd
New / Exited
6 / 23
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $119MQ4 ’19Q1 ’20: $101MQ2 ’20: $143MQ3 ’20: $191MQ4 ’20: $255MQ4 ’20Q1 ’21: $274MQ2 ’21: $339MQ3 ’21: $323MQ4 ’21: $500MQ4 ’21Q1 ’22: $499MQ2 ’22: $420MQ3 ’22: $419MQ4 ’22: $471MQ4 ’22Q1 ’23: $514MQ2 ’23: $563MQ3 ’23: $560MQ4 ’23: $571MQ4 ’23Q1 ’24: $529MQ2 ’24: $536MQ3 ’24: $565MQ4 ’24: $607MQ4 ’24Q1 ’25: $553MQ2 ’25: $610MQ3 ’25: $652MQ4 ’25: $678MQ4 ’25Q1 ’26: $730Mfilingsflow.com

Portfolio Composition

By security type
ETP: 79.6%Common Stock: 18.7%Other: 1.1%REIT: 0.6%Closed-End Fund: 0.1%
  • ETP · 79.6% · $440M
  • Common Stock · 18.7% · $103M
  • Other · 1.1% · $6M
  • REIT · 0.6% · $3M
  • Closed-End Fund · 0.1% · $439,157

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IAU*ISHARES GOLD TRNEW+333.6K333.6K+$20M$20M
VANGUARD INDEX FDSNEW+3.1K3.1K+$753,462$753,462
SPDR SER TRNEW+1.5K1.5K+$244,089$244,089
J P MORGAN EXCHANGE TRADED FNEW+4.2K4.2K+$242,533$242,533
FIDELITY COVINGTON TRUSTNEW+4.2K4.2K+$215,741$215,741
DFEBFIRST TR EXCHNG TRADED FD VINEW+4.8K4.8K+$200,423$200,423
SPDR SER TRADDED+72.9K79.2K+$7M$7M
ETF OPPORTUNITIES TRUSTADDED+221.1K288.2K+$1M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVANGUARD INDEX FDSS&P 500 ETF SHS · SMALL CP ETF · GROWTH ETF · MID CAP ETF · EXTEND MKT ETF · SML CP GRW ETF21.65%$120M349.0K
2TBILRBB FD INCUS TRSRY 6 MNTH · US TREASRY 12 MT · US TREAS 3 MNTH12.18%$67M1.34M
3SPDR SER TRPORTFOLIO SH TSR · BLOOMBERG 1-3 MO · PORTFOLIO S&P500 · BLOOMBERG 3-12 M8.31%$46M1.17M
4ISHARES TRCORE US AGGBD ET · CORE S&P500 ETF7.09%$39M384.3K
5AMERICAN CENTY ETF TRUS SML CP VALU · US EQT ETF6.98%$39M432.7K
6VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT6.42%$36M698.6K
7IAU*ISHARES GOLD TRhistory →ISHARES NEW3.56%$20M333.6K
8IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT2.99%$17M353.1K
9MIGAMICROSTRATEGY INChistory →CL A NEW2.49%$14M47.7K
10NDQINVESCO QQQ TRhistory →UNIT SER 12.38%$13M28.0K
11AAPLAPPLE INChistory →COM2.30%$13M57.2K
12FIRST TR EXCHNG TRADED FD VIFT VEST US EQT · FT VEST NAS · FT VEST U.S1.29%$7M241.1K
13MSFTMICROSOFT CORPCOM0.73%$4M10.7K
14METAMETA PLATFORMS INCCL A0.71%$4M6.8K
15AMZNAMAZON COM INCCOM0.59%$3M17.1K
16MARMARRIOTT INTL INC NEWCL A0.51%$3M11.9K
17FIRST TR VALUE LINE DIVID INSHS0.49%$3M60.9K
18CIONCION INVT CORPCOM0.47%$3M253.6K
19LMTLOCKHEED MARTIN CORPCOM0.45%$2M5.6K
20SHOPSHOPIFY INCCL A0.45%$2M25.8K
21SPDR S&P 500 ETF TRTR UNIT0.39%$2M3.8K
22SPDR INDEX SHS FDSPORTFOLIO EMG MK0.38%$2M53.7K
23GOOGLALPHABET INCCAP STK CL A0.37%$2M13.4K
24TIDAL TR IIDEF DLY TGT 2X L0.37%$2M78.5K
25EXMOCEXXON MOBIL CORPCOM0.36%$2M16.7K
26NVDANVIDIA CORPORATIONCOM0.34%$2M17.6K
27ARCOS DORADOS HOLDINGS INCSHS CLASS -A -0.33%$2M229.8K
28TSLATESLA INCCOM0.33%$2M7.1K
29ETF OPPORTUNITIES TRUSTT REX 2X LONG MS0.28%$2M288.2K
30SOFISOFI TECHNOLOGIES INCCOM0.28%$2M135.1K
31AMTAMERICAN TOWER CORP NEWCOM0.27%$1M6.8K
32OGNORGANON & COCOMMON STOCK0.27%$1M100.0K
33DC4DEXCOM INCCOM0.26%$1M21.0K
34CRMSALESFORCE INCCOM0.26%$1M5.3K
35BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.26%$1M2.7K
36CA8ACACI INTL INCCL A0.25%$1M3.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$730M215Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$678M215Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$652M207Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$610M199Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$553M188Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$607M205Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$565M207Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$536M203Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$529M207May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$571M244Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$560M240Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$563M246Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$514M223Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$471M221Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$419M215Oct 12, 202213F-HRchanges · EDGAR ↗
Q2 2022$420M207Jul 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$499M219Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$500M216Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$323M223Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$339M232Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$274M201Apr 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$255M220Jan 25, 202113F-HRchanges · EDGAR ↗
Q3 2020$191M198Oct 15, 202013F-HRchanges · EDGAR ↗
Q2 2020$143M186Jul 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$101M160Apr 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$119M160Jan 27, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.