Institutional Manager · CIK 0001755933

Dougherty Wealth Advisers LLC

WAYZATA, MN · File #028-19087

Latest AUM

$176.9M

Positions

118

Top-10 Concentration

86.0%

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	INVESCO QQQ TRUST SERIES I	IVZ	+16,193	+$9.9M	+$134,591
ADD	VANGUARD VALUE ETF	922908744	+17,724	+$3.4M	+$925,142
REDUCE	VANGUARD GROWTH ETF	922908736	-1,797	-$876,684	+$687,703
NEW	ISHARES RUSSELL 1000 GROWTH ETF	464287614	+1,750	+$828,275	$0
NEW	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	025072802	+8,470	+$795,926	$0
ADD	VANGUARD MID-CAP VALUE ETF	922908512	+4,445	+$788,410	+$245,355
ADD	APPLE INC COM	AAPL	+2,768	+$752,508	+$382,058
ADD	STATE STR SPDR S&P 500 ETF TR TR UNIT	SPY	+988	+$673,737	+$2,613
ADD	VANGUARD REAL ESTATE ETF	922908553	+6,943	+$614,380	-$104,550
ADD	ISHARES CORE S&P 500 ETF	464287200	+809	+$554,117	+$1,767

Sector Allocation

Financials

9.7%$17.2M

Technology

5.8%$10.2M

Industrials

0.7%$1.3M

Communication Services

0.5%$928,811

Consumer Discretionary

0.5%$923,379

Healthcare

0.5%$880,337

Real Estate

0.0%$80,273

Materials

0.0%$54,761

Filing History

Jan 29, 202613F HOLDINGS REPORTQ/E Dec 2025118 pos · $176.9M
Oct 14, 202513F HOLDINGS REPORTQ/E Sep 2025112 pos · $155.2M
Jul 22, 202513F HOLDINGS REPORTQ/E Jun 2025110 pos · $150.6M
Apr 25, 202513F HOLDINGS REPORTQ/E Mar 2025110 pos · $135.3M
Jan 24, 202513F HOLDINGS REPORTQ/E Dec 2024109 pos · $129.0M
Oct 30, 202413F HOLDINGS REPORTQ/E Sep 2024110 pos · $125.9M
Jul 11, 202413F HOLDINGS REPORTQ/E Jun 2024111 pos · $114.4M
Apr 26, 202413F HOLDINGS REPORTQ/E Mar 2024111 pos · $113.0M
Oct 25, 202313F HOLDINGS REPORTQ/E Dec 2023126 pos · $86.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD VALUE ETF	922908744	223,310	$42.6M	24.69%
2	VANGUARD GROWTH ETF	922908736	81,561	$39.8M	23.03%
3	VANGUARD MID-CAP VALUE ETF	922908512	92,386	$16.4M	9.48%
4	INVESCO QQQ TRUST SERIES I	IVZ	25,848	$15.9M	9.19%
5	VANGUARD S&P SMALL-CAP 600 GROWTH ETF	921932794	77,808	$9.4M	5.46%
6	APPLE INC COM	AAPL	24,942	$6.8M	3.92%
7	VANGUARD FTSE EMERGING MARKETS ETF	922042858	122,683	$6.6M	3.82%
8	ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF	46432F834	57,191	$4.8M	2.80%
9	VANGUARD REAL ESTATE ETF	922908553	42,628	$3.8M	2.18%
10	ISHARES S&P 100 ETF	464287101	6,905	$2.4M	1.37%
11	ISHARES CORE S&P SMALL CAP ETF	464287804	17,711	$2.1M	1.23%
12	MICROSOFT CORP COM	MSFT	3,631	$1.8M	1.02%
13	VANGUARD HIGH DIVIDEND YIELD INDEX ETF	921946406	10,886	$1.6M	0.90%
14	ALPHABET INC CAP STK CL C	GOOG	4,593	$1.4M	0.83%
15	ALPHABET INC CAP STK CL A	GOOG	4,320	$1.4M	0.78%
16	JPMORGAN CHASE & CO. COM	VYLD	3,684	$1.2M	0.69%
17	ISHARES RUSSELL MID-CAP GROWTH ETF	464287481	7,030	$962,688	0.56%
18	META PLATFORMS INC CL A	META	1,394	$920,165	0.53%
19	ISHARES RUSSELL 1000 GROWTH ETF	464287614	1,750	$828,275	0.48%
20	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	025072802	8,470	$795,926	0.46%