Managers / Q4 2025 · view latest →
Thayer Financial, L.L.C.
CIK 0002100981 · 439 4TH STREET SW, HICKORY, NC, 28602 · 828-569-2785
Summary
Thayer Financial, L.L.C. reported $95M in U.S.-listed holdings across 33 positions for Q4 2025.
Its largest position, VUG, represents 15.7% of the portfolio.
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 · 97.8% · $93M
- Common Stock · 2.2% · $2M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VUGVANGUARD INDEX FDS | NEW | +30.5K | 30.5K | +$15M | $15M |
| VTVVANGUARD INDEX FDS | NEW | +70.5K | 70.5K | +$13M | $13M |
| DFAIDIMENSIONAL ETF TRUST | NEW | +312.9K | 312.9K | +$12M | $12M |
| CAPITAL GRP FIXED INCM ETF T | NEW | +412.7K | 412.7K | +$11M | $11M |
| CAPITAL GRP FIXED INCM ETF T | NEW | +265.9K | 265.9K | +$7M | $7M |
| DIMENSIONAL ETF TRUST | NEW | +153.6K | 153.6K | +$5M | $5M |
| VANGUARD INDEX FDS | NEW | +18.7K | 18.7K | +$5M | $5M |
| DUHPDIMENSIONAL ETF TRUST | NEW | +95.1K | 95.1K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VUGVANGUARD INDEX FDS | GROWTH ETF · VALUE ETF · SMALL CP ETF · S&P 500 ETF SHS · LARGE CAP ETF · TOTAL STK MKT | 35.97% | $34M | 121.8K |
| 2 | DFAIDIMENSIONAL ETF TRUST | INTL CORE EQT MK · EMGR CRE EQT MNG · US HIGH PROFITAB · US TARGETED VLU · US CORE EQUITY 2 | 25.54% | $24M | 624.6K |
| 3 | CAPITAL GRP FIXED INCM ETF T | SHORT DURATION · US MULTI-SECTOR | 19.11% | $18M | 678.6K |
| 4 | INVESCO ACTIVELY MANAGED EXC | VAR RATE INVT | 3.66% | $3M | 137.8K |
| 5 | SCHWAB STRATEGIC TR | US LCAP GR ETF · US LCAP VA ETF | 3.58% | $3M | 106.9K |
| 6 | ISHARES TR | US SML CAP EQT · RUSEL 2500 ETF · CORE S&P US GWT · CORE MSCI INTL · CORE MSCI EAFE | 3.33% | $3M | 35.3K |
| 7 | AMERICAN CENTY ETF TR | INTL EQT ETF · AVANTIS US SMALL · AVANTIS EMGMKT | 2.81% | $3M | 35.2K |
| 8 | SPDR SERIES TRUST | STATE STREET SPD | 1.78% | $2M | 29.7K |
| 9 | LOWLOWES COS INC | COM | 0.90% | $852,501 | 3.5K |
| 10 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.87% | $821,332 | 1.3K |
| 11 | PIMCO ETF TR | ENHNCD LW DUR AC · MULTISECTOR BD | 0.86% | $817,627 | 19.3K |
| 12 | AAPLAPPLE INC | COM | 0.51% | $479,150 | 1.8K |
| 13 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.48% | $451,262 | 3.9K |
| 14 | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 0.32% | $300,088 | 5.6K |
| 15 | GLWCORNING INC | COM | 0.30% | $279,754 | 3.2K |
Filing History
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 ↗.