Managers / Q4 2024 · view latest →
Evolution Advisers, Inc.
CIK 0001906967 · 2917 WEST LEIGH STREET, RICHMOND, VA, 23230 · 804-794-1981
Reported Value
$183M
Q4 2024
Positions
184
Filings on Record
18
2019–present window
Filed
Jan 29, 2025
original filing
Summary
Evolution Advisers, Inc. reported $183M in U.S.-listed holdings across 184 positions for Q4 2024.
The portfolio is heavily concentrated: VUG alone accounts for 32.4% of reported value.
Compared with Q3 2024, the fund opened 8 new positions and exited 20.
Portfolio Metrics
Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+94.1%
share of reported value
Largest Position
+32.4%
Vanguard Index Fds
New / Exited
8 / 20
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Portfolio Composition
By security type
- ETP · 95.0% · $174M
- Common Stock · 5.0% · $9M
- Other · 0.0% · $40,000
- ADR · 0.0% · $23,000
- REIT · 0.0% · $7,000
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IAGGISHARES TR | NEW | +6.4K | 6.4K | +$317,000 | $317,000 |
| ITWILLINOIS TOOL WKS INC | NEW | +24 | 24 | +$6,000 | $6,000 |
| IWSISHARES TR | NEW | +34 | 34 | +$4,000 | $4,000 |
| DUKDUKE ENERGY CORP NEW | NEW | +44 | 44 | +$4,000 | $4,000 |
| COPCONOCOPHILLIPS | NEW | +34 | 34 | +$3,000 | $3,000 |
| PFEPFIZER INC | NEW | +48 | 48 | +$1,000 | $1,000 |
| VOLATILITY SHS TR | NEW | +20 | 20 | +$0 | $0 |
| AMATAPPLIED MATLS INC | NEW | +0 | 0 | +$0 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
143 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VUGVANGUARD INDEX FDS | GROWTH ETF · VALUE ETF · SMALL CP ETF · S&P 500 ETF SHS · MCAP GR IDXVIP · TOTAL STK MKT · EXTEND MKT ETF · MID CAP ETF · LARGE CAP ETF · REAL ESTATE ETF | 32.42% | $59M | 263.4K |
| 2 | BSVVANGUARD BD INDEX FDS | SHORT TRM BOND · LONG TERM BOND · INTERMED TERM · TOTAL BND MRKT | 16.18% | $30M | 399.3K |
| 3 | VEAVANGUARD TAX-MANAGED FDShistory → | VAN FTSE DEV MKT | 14.27% | $26M | 546.0K |
| 4 | BNDXVANGUARD CHARLOTTE FDShistory → | TOTAL INT BD ETF | 11.25% | $21M | 419.5K |
| 5 | NULGNUSHARES ETF TR | NUVEEN ESG INTL · NUVEEN ESG LRGCP · NUVEEN ESG LRGVL · NUVEEN ESG US · NUVEEN ESG EMRGN · NUVEEN ESG SMLCP | 7.02% | $13M | 365.7K |
| 6 | VWOVANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF · TT WRLD ST ETF · ALLWRLD EX US | 5.92% | $11M | 241.8K |
| 7 | VMBSVANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF · SHRT TRM CORP BD · TOTAL WLD BD ETF | 4.37% | $8M | 172.9K |
| 8 | SCHXSCHWAB STRATEGIC TR | US LRG CAP ETF · INTL EQTY ETF · US AGGREGATE B · EMRG MKTEQ ETF · US MID-CAP ETF · US BRD MKT ETF · US LCAP GR ETF · US SML CAP ETF | 1.19% | $2M | 94.1K |
| 9 | PWVINVESCO EXCHANGE TRADED FD T | LARGE CAP VALUE · S&P 500 GARP ETF | 0.76% | $1M | 24.3K |
| 10 | AAPLAPPLE INC | COM | 0.75% | $1M | 5.5K |
| 11 | VTEBVANGUARD MUN BD FDS | TAX EXEMPT BD | 0.55% | $1M | 20.0K |
| 12 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · US CORE EQT MKT | 0.35% | $644,000 | 18.4K |
| 13 | IAGGISHARES TR | CORE INTL AGGR · CORE S&P500 ETF · CORE S&P SCP ETF · ESG AW MSCI EAFE · CORE S&P MCP ETF · RUS 1000 VAL ETF · RUS MDCP VAL ETF · GLOBAL 100 ETF · SELF DRIVNG EV · MSCI INTL QUALTY | 0.29% | $528,000 | 8.3K |
| 14 | EXMOCEXXON MOBIL CORP | COM | 0.28% | $521,000 | 4.9K |
| 15 | UNPUNION PAC CORP | COM | 0.27% | $497,000 | 2.2K |
| 16 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.23% | $413,000 | 912 |
| 17 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.20% | $375,000 | 2.0K |
| 18 | VXUSVANGUARD STAR FDS | VG TL INTL STK F | 0.19% | $343,000 | 5.8K |
| 19 | WFCWELLS FARGO CO NEW | COM | 0.18% | $337,000 | 4.8K |
| 20 | WMTWALMART INC | COM | 0.17% | $313,000 | 3.5K |
| 21 | GNWGENWORTH FINL INC | COM SHS | 0.16% | $287,000 | 41.1K |
| 22 | ORIOLD REP INTL CORP | COM | 0.16% | $284,000 | 7.9K |
| 23 | VYMVANGUARD WHITEHALL FDS | HIGH DIV YLD · EM MK GOV BD ETF | 0.13% | $235,000 | 1.9K |
| 24 | AMZNAMAZON COM INC | COM | 0.13% | $232,000 | 1.1K |
| 25 | NINISOURCE INC | COM | 0.12% | $218,000 | 5.9K |
| 26 | KMBKIMBERLY-CLARK CORP | COM | 0.11% | $210,000 | 1.6K |
| 27 | HDHOME DEPOT INC | COM | 0.10% | $175,000 | 452 |
| 28 | MSFTMICROSOFT CORP | COM | 0.09% | $164,000 | 390 |
| 29 | JPMJPMORGAN CHASE & CO. | COM | 0.09% | $157,000 | 657 |
| 30 | MKLMARKEL GROUP INC | COM | 0.07% | $128,000 | 74 |
| 31 | CWCURTISS WRIGHT CORP | COM | 0.07% | $124,000 | 350 |
| 32 | VVISA INC | COM CL A | 0.07% | $120,000 | 381 |
| 33 | HCAHCA HEALTHCARE INC | COM | 0.06% | $117,000 | 390 |
| 34 | TDYTELEDYNE TECHNOLOGIES INC | COM | 0.06% | $116,000 | 250 |
| 35 | TFCTRUIST FINL CORP | COM | 0.06% | $114,000 | 74.8K |
| 36 | SYKSTRYKER CORPORATION | COM | 0.06% | $108,000 | 300 |
| 37 | MAMASTERCARD INCORPORATED | CL A | 0.06% | $108,000 | 205 |
| 38 | DDOMINION ENERGY INC | COM | 0.06% | $107,000 | 2.0K |
| 39 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.06% | $104,000 | 179 |
| 40 | AVGOBROADCOM INC | COM | 0.06% | $104,000 | 450 |
| 41 | LOWLOWES COS INC | COM | 0.06% | $101,000 | 413 |
| 42 | TSLATESLA INC | COM | 0.06% | $101,000 | 251 |
| 43 | KNSLKINSALE CAP GROUP INC | COM | 0.05% | $92,000 | 199 |
| 44 | PGPROCTER AND GAMBLE CO | COM | 0.05% | $91,000 | 543 |
| 45 | ELVELEVANCE HEALTH INC | COM | 0.05% | $87,000 | 236 |
| 46 | CSCOCISCO SYS INC | COM | 0.05% | $85,000 | 1.4K |
| 47 | TMOTHERMO FISHER SCIENTIFIC INC | COM | 0.05% | $83,000 | 160 |
| 48 | TROWPRICE T ROWE GROUP INC | COM | 0.04% | $82,000 | 728 |
| 49 | PEPPEPSICO INC | COM | 0.04% | $80,000 | 526 |
| 50 | JJACOBS SOLUTIONS INC | COM | 0.04% | $80,000 | 600 |
| 51 | SEICSEI INVTS CO | COM | 0.04% | $72,000 | 873 |
| 52 | COFCAPITAL ONE FINL CORP | COM | 0.04% | $68,000 | 384 |
| 53 | ACNACCENTURE PLC IRELAND | SHS CLASS A | 0.04% | $67,000 | 192 |
| 54 | HSYHERSHEY CO | COM | 0.03% | $64,000 | 381 |
| 55 | LMTLOCKHEED MARTIN CORP | COM | 0.03% | $64,000 | 132 |
| 56 | ORCLORACLE CORP | COM | 0.03% | $63,000 | 380 |
| 57 | JNJJOHNSON & JOHNSON | COM | 0.03% | $59,000 | 412 |
| 58 | CEGCONSTELLATION ENERGY CORP | COM | 0.03% | $52,000 | 232 |
| 59 | AMGNAMGEN INC | COM | 0.03% | $52,000 | 200 |
| 60 | ADBEADOBE INC | COM | 0.03% | $52,000 | 119 |
| 61 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.03% | $51,000 | 176 |
| 62 | MCKMCKESSON CORP | COM | 0.03% | $47,000 | 83 |
| 63 | FIWFIRST TR EXCHANGE-TRADED FD | WTR ETF | 0.03% | $46,000 | 456 |
| 64 | PSXPHILLIPS 66 | COM | 0.02% | $45,000 | 403 |
| 65 | DALDELTA AIR LINES INC DEL | COM NEW | 0.02% | $45,000 | 759 |
| 66 | ETNEATON CORP PLC | SHS | 0.02% | $41,000 | 126 |
| 67 | UNILEVER PLC | SPON ADR NEW | 0.02% | $40,000 | 707 |
| 68 | PPLPPL CORP | COM | 0.02% | $39,000 | 1.2K |
| 69 | NTRNUTRIEN LTD | COM | 0.02% | $38,000 | 867 |
| 70 | UNHUNITEDHEALTH GROUP INC | COM | 0.02% | $38,000 | 77 |
| 71 | PAYXPAYCHEX INC | COM | 0.02% | $38,000 | 275 |
| 72 | FTNTFORTINET INC | COM | 0.02% | $36,000 | 390 |
| 73 | SBUXSTARBUCKS CORP | COM | 0.02% | $34,000 | 383 |
| 74 | COSTCOSTCO WHSL CORP NEW | COM | 0.02% | $33,000 | 36 |
| 75 | CTASCINTAS CORP | COM | 0.02% | $32,000 | 180 |
| 76 | MDYSPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 0.02% | $30,000 | 54 |
| 77 | HONHONEYWELL INTL INC | COM | 0.02% | $30,000 | 136 |
| 78 | CHDCHURCH & DWIGHT CO INC | COM | 0.02% | $29,000 | 278 |
| 79 | EXCEXELON CORP | COM | 0.02% | $28,000 | 760 |
| 80 | WSMWILLIAMS SONOMA INC | COM | 0.01% | $24,000 | 132 |
| 81 | TTENTOTALENERGIES SE | SPONSORED ADS | 0.01% | $23,000 | 424 |
| 82 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.01% | $21,000 | 100 |
| 83 | ESGVVANGUARD WORLD FD | ESG US STK ETF | 0.01% | $20,000 | 199 |
| 84 | TGTTARGET CORP | COM | 0.01% | $19,000 | 142 |
| 85 | CVXCHEVRON CORP NEW | COM | 0.01% | $19,000 | 132 |
| 86 | CRMSALESFORCE INC | COM | 0.01% | $16,000 | 50 |
| 87 | IEMGISHARES INC | CORE MSCI EMKT | 0.01% | $15,000 | 300 |
| 88 | GE AEROSPACE | COM NEW | 0.01% | $15,000 | 95 |
| 89 | MOALTRIA GROUP INC | COM | 0.01% | $14,000 | 279 |
| 90 | TAT&T INC | COM | 0.01% | $13,000 | 590 |
| 91 | AMTMAMENTUM HOLDINGS INC | COM | 0.01% | $12,000 | 600 |
| 92 | DHRDANAHER CORPORATION | COM | 0.01% | $11,000 | 50 |
| 93 | DISDISNEY WALT CO | COM | 0.01% | $11,000 | 100 |
| 94 | AWKAMERICAN WTR WKS CO INC NEW | COM | 0.01% | $10,000 | 80 |
| 95 | UPSUNITED PARCEL SERVICE INC | CL B | 0.00% | $9,000 | 79 |
| 96 | LISTED FD TR | ROUNDHILL BALL | 0.00% | $8,000 | 600 |
| 97 | GOLFACUSHNET HLDGS CORP | COM | 0.00% | $7,000 | 103 |
| 98 | GEVGE VERNOVA INC | COM | 0.00% | $7,000 | 23 |
| 99 | EXREXTRA SPACE STORAGE INC | COM | 0.00% | $7,000 | 50 |
| 100 | ARCCARES CAPITAL CORP | COM | 0.00% | $6,000 | 318 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $237M | 162 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $231M | 170 | Jan 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $204M | 156 | Jul 25, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $190M | 161 | May 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $183M | 184 | Jan 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $184M | 196 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $174M | 190 | Jul 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $169M | 185 | May 3, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $157M | 221 | Feb 2, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $138M | 142 | Oct 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $142M | 167 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $139M | 159 | May 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $128M | 151 | Jan 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $115M | 149 | Nov 1, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $122M | 150 | Jul 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $135M | 144 | May 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $136M | 148 | Feb 9, 2022 | 13F-HR | changes · 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 ↗.