Managers / Q2 2025 · view latest →
Joel Adams & Associates, Inc.
CIK 0002020459 · 545 MERRIMON AVENUE, ASHEVILLE, NC, 28804 · (828) 251-9700
Summary
Joel Adams & Associates, Inc. reported $113M in U.S.-listed holdings across 61 positions for Q2 2025.
Its largest position, Vanguard Index Fds, represents 16.7% of the portfolio.
Compared with Q1 2025, the fund opened 3 new positions and exited 3.
Portfolio Metrics
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
Portfolio Composition
- ETP · 93.4% · $105M
- Common Stock · 6.4% · $7M
- MLP · 0.2% · $204,150
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +8.5K | 8.5K | +$350,905 | $350,905 |
| NUSHARES ETF TR | NEW | +9.7K | 9.7K | +$349,180 | $349,180 |
| ABALLIANCEBERNSTEIN HLDG L P | NEW | +5.0K | 5.0K | +$204,150 | $204,150 |
| VANGUARD WORLD FD | ADDED | +5.1K | 9.0K | +$605,849 | $988,246 |
| ISHARES TR | ADDED | +834 | 1.6K | +$404,169 | $687,567 |
| SOSOUTHERN CO | SOLD OUT | −5.3K | 0 | −$488,714 | $0 |
| ISHARES TR | SOLD OUT | −17.4K | 0 | −$400,980 | $0 |
| RJFRAYMOND JAMES FINL INC | SOLD OUT | −2.4K | 0 | −$337,875 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE US AGGBD ET · ESG AWR US AGRGT · CORE MSCI EAFE · CORE S&P MCP ETF · NATIONAL MUN ETF · CORE S&P SCP ETF · BROAD USD HIGH · SHRT NAT MUN ETF · RUS 1000 GRW ETF · MSCI USA MMENTM · RUS 1000 VAL ETF · MSCI USA MIN VOL · CORE S&P500 ETF · MSCI ACWI EX US · 7-10 YR TRSY BD · ESG AWRE 1 5 YR · ESG SELECT SCRE | 40.78% | $46M | 626.7K |
| 2 | VANGUARD INDEX FDS | S&P 500 ETF SHS · MID CAP ETF · TOTAL STK MKT | 20.03% | $23M | 46.3K |
| 3 | VANGUARD WORLD FD | ESG INTL STK ETF · ESG US STK ETF · ESG US CORP BD | 9.40% | $11M | 156.3K |
| 4 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 8.43% | $10M | 194.3K |
| 5 | VANGUARD STAR FDS | VG TL INTL STK F | 3.17% | $4M | 51.9K |
| 6 | SPDR SERIES TRUST | BLOOMBERG 1-3 MO · PORTFOLIO S&P500 · NUVEEN ICE HIGH | 1.97% | $2M | 37.6K |
| 7 | ISHARES INC | CORE MSCI EMKT | 1.76% | $2M | 33.1K |
| 8 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 1.48% | $2M | 22.7K |
| 9 | DFSUDIMENSIONAL ETF TRUST | US SUSTAINABILTY · WORLD EX US CORE · INTERNATIONAL | 1.40% | $2M | 43.6K |
| 10 | ISHARES U S ETF TR | SHORT DURATION B | 1.16% | $1M | 25.7K |
| 11 | PIMCO ETF TR | ENHAN SHRT MA AC | 1.14% | $1M | 12.8K |
| 12 | AAPLAPPLE INC | COM | 0.97% | $1M | 5.3K |
| 13 | LLYELI LILLY & CO | COM | 0.83% | $934,656 | 1.2K |
| 14 | MSFTMICROSOFT CORP | COM | 0.74% | $830,760 | 1.7K |
| 15 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.69% | $774,317 | 1.6K |
| 16 | VEGNETF SER SOLUTIONS | US VEGAN CLIMATE | 0.52% | $588,413 | 10.5K |
| 17 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.51% | $579,222 | 1.1K |
| 18 | JPMJPMORGAN CHASE & CO. | COM | 0.49% | $550,539 | 1.9K |
| 19 | GOOGLALPHABET INC | CAP STK CL A | 0.33% | $374,136 | 2.1K |
| 20 | JNJJOHNSON & JOHNSON | COM | 0.31% | $352,089 | 2.3K |
| 21 | NUSHARES ETF TR | NUVEEN ESG MIDVL | 0.31% | $349,180 | 9.7K |
| 22 | SELECT SECTOR SPDR TR | TECHNOLOGY | 0.29% | $322,868 | 1.3K |
| 23 | COSTCOSTCO WHSL CORP NEW | COM | 0.29% | $322,720 | 326 |
| 24 | AMZNAMAZON COM INC | COM | 0.26% | $296,396 | 1.4K |
| 25 | VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 0.26% | $292,949 | 4.9K |
| 26 | HDHOME DEPOT INC | COM | 0.23% | $261,048 | 712 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $135M | 64 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $133M | 63 | Jan 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $124M | 63 | Nov 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $113M | 61 | Jul 25, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $111M | 61 | Apr 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $110M | 58 | Jan 31, 2025 | 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 ↗.