Institutional Manager · CIK 0001626379

Evanson Asset Management, LLC

CARMEL, CA · File #028-16439

Latest AUM

$1.85B

Positions

326

Top-10 Concentration

58.7%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD INSTL INDEX FD	922040845	+542,391	+$40.9M	-$251,954
REDUCE	LISTED FDS TR	53656F417	-25,107	-$16.6M	-$4.7M
REDUCE	SPROTT ASSET MANAGEMENT LP	SII	-458,182	-$15.1M	+$15.4M
REDUCE	ALPHABET INC	GOOG	-36,255	-$11.4M	+$12.9M
REDUCE	ALPHABET INC	GOOG	-28,753	-$9.0M	+$13.9M
REDUCE	APPLE INC	AAPL	-32,889	-$8.9M	+$5.1M
REDUCE	NVIDIA CORPORATION	NVDA	-20,190	-$3.8M	-$6,235
ADD	VANGUARD BD INDEX FDS	92203C303	+60,654	+$3.0M	-$2,926
EXITED	EA SERIES TRUST	02072L284	-99,972	-$3.0M	$0
ADD	SELECT SECTOR SPDR TR	81369Y803	+18,315	+$2.6M	-$2.5M

Sector Allocation

Financials

9.2%$171.3M

Technology

7.1%$132.2M

Consumer Discretionary

0.7%$13.8M

0.5%$8.9M

0.4%$8.1M

0.1%$2.9M

0.1%$1.6M

Communication Services

0.1%$1.2M

Consumer Staples

0.1%$1.0M

Utilities

0.0%$782,892

Real Estate

0.0%$579,172

Filing History

Jan 12, 202613F HOLDINGS REPORTQ/E Dec 2025326 pos · $1.85B
Oct 14, 202513F HOLDINGS REPORTQ/E Sep 2025323 pos · $1.77B
Jul 15, 202513F HOLDINGS REPORTQ/E Jun 2025325 pos · $1.61B
Apr 22, 202513F HOLDINGS REPORTQ/E Mar 2025307 pos · $1.41B
Jan 16, 202513F HOLDINGS REPORTQ/E Dec 2024307 pos · $1.46B
Oct 7, 202413F HOLDINGS REPORTQ/E Sep 2024305 pos · $1.42B
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 2024299 pos · $1.36B
Apr 12, 202413F HOLDINGS REPORTQ/E Mar 2024307 pos · $1.34B
Oct 19, 202313F HOLDINGS REPORTQ/E Dec 2023284 pos · $1.09B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	DIMENSIONAL ETF TRUST	25434V708	4,002,215	$158.4M	9.98%
2	VANGUARD INSTL INDEX FD	922040845	1,904,118	$143.6M	9.05%
3	SPROTT ASSET MANAGEMENT LP	SII	4,080,010	$134.7M	8.49%
4	DIMENSIONAL ETF TRUST	25434V500	1,162,402	$81.0M	5.10%
5	DIMENSIONAL ETF TRUST	25434V880	2,303,524	$75.4M	4.75%
6	APPLE INC	AAPL	265,278	$72.1M	4.54%
7	DIMENSIONAL ETF TRUST	25434V401	950,482	$70.5M	4.44%
8	DIMENSIONAL ETF TRUST	25434V807	1,386,778	$69.2M	4.36%
9	DIMENSIONAL ETF TRUST	25434V609	1,083,707	$64.5M	4.07%
10	DIMENSIONAL ETF TRUST	25434V724	1,333,124	$62.1M	3.91%
11	VANGUARD INDEX FDS	922908769	162,929	$54.6M	3.44%
12	ALPHABET INC	GOOG	169,393	$53.0M	3.34%
13	ALPHABET INC	GOOG	147,959	$46.4M	2.93%
14	DIMENSIONAL ETF TRUST	25434V773	1,336,151	$44.0M	2.77%
15	DIMENSIONAL ETF TRUST	25434V781	1,142,904	$43.4M	2.74%
16	DIMENSIONAL ETF TRUST	25434V815	1,027,169	$33.8M	2.13%
17	VANGUARD INDEX FDS	922908363	48,228	$30.2M	1.91%
18	DIMENSIONAL ETF TRUST	25434V799	799,589	$27.6M	1.74%
19	LISTED FDS TR	53656F417	38,073	$25.1M	1.58%
20	DIMENSIONAL ETF TRUST	25434V203	603,362	$23.0M	1.45%