# DHK Financial Advisors, Inc.

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1922962. Source: https://holderbook.com/funds/1922962-dhk-financial-advisors-inc/

- Reported value: $173.9M
- Positions: 87
- Weight of the ten largest: 58.9%
- Filed: 2025-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $34.7M | 71,435 | 20.0% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $18.2M | 25 | 10.5% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $15.7M | 122,314 | 9.0% | 15 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $9.1M | 29,804 | 5.2% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.7M | 10,782 | 3.8% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [FTSL](https://holderbook.com/stocks/FTSL/) | $4.6M | 100,979 | 2.7% | 13 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $3.9M | 22,366 | 2.3% | 15 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $3.5M | 42,738 | 2.0% | 10 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $3.0M | 8,625 | 1.7% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.9M | 43,738 | 1.7% | 4 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $2.8M | 33,394 | 1.6% | 2 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $2.6M | 60,367 | 1.5% | 6 |
| VANECK ETF TRUST | [MOAT](https://holderbook.com/stocks/MOAT/) | $2.5M | 26,666 | 1.4% | 15 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $2.4M | 56,123 | 1.4% | 3 |
| COLUMBIA ETF TR II | [INCO](https://holderbook.com/stocks/INCO/) | $2.1M | 32,763 | 1.2% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $2.1M | 59,374 | 1.2% | 9 |
| FIRST TR EXCHANGE TRADED FD | [CIBR](https://holderbook.com/stocks/CIBR/) | $1.8M | 24,001 | 1.0% | 9 |
| FRANKLIN TEMPLETON ETF TR | [FLIN](https://holderbook.com/stocks/FLIN/) | $1.8M | 45,513 | 1.0% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.7M | 3,164 | 1.0% | 10 |
| PAR TECHNOLOGY CORP | [PAR](https://holderbook.com/stocks/PAR/) | $1.7M | 24,362 | 1.0% | 5 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $1.7M | 32,370 | 0.9% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.6M | 32,803 | 0.9% | 15 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $1.6M | 14,550 | 0.9% | 4 |
| T ROWE PRICE EXCHANGE-TRADED | [TSPA](https://holderbook.com/stocks/TSPA/) | $1.5M | 39,299 | 0.9% | 3 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.5M | 8,066 | 0.8% | 3 |
| SPDR SERIES TRUST | [KCE](https://holderbook.com/stocks/KCE/) | $1.5M | 10,093 | 0.8% | 6 |
| WISDOMTREE TR | [DGS](https://holderbook.com/stocks/DGS/) | $1.5M | 28,200 | 0.8% | 2 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $1.4M | 16,964 | 0.8% | 3 |
| ISHARES TR | [SMIN](https://holderbook.com/stocks/SMIN/) | $1.3M | 17,102 | 0.8% | 6 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $1.3M | 23,761 | 0.8% | 9 |
| VANECK ETF TRUST | [GLIN](https://holderbook.com/stocks/GLIN/) | $1.3M | 26,694 | 0.7% | 6 |
| ISHARES TR | [MCHI](https://holderbook.com/stocks/MCHI/) | $1.3M | 23,160 | 0.7% | 15 |
| SOMNIGROUP INTERNATIONAL INC | [SGI](https://holderbook.com/stocks/SGI/) | $1.2M | 18,013 | 0.7% | 5 |
| ISHARES TR | [VLUE](https://holderbook.com/stocks/VLUE/) | $1.2M | 10,572 | 0.7% | 5 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $1.2M | 4,290 | 0.7% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 7,394 | 0.7% | 5 |
| VANECK ETF TRUST | [NLR](https://holderbook.com/stocks/NLR/) | $1.2M | 10,438 | 0.7% | 3 |
| SPDR INDEX SHS FDS | [RWO](https://holderbook.com/stocks/RWO/) | $1.1M | 25,481 | 0.6% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $937.5K | 1,885 | 0.5% | 5 |
| ARK ETF TR | [ARKQ](https://holderbook.com/stocks/ARKQ/) | $929.6K | 10,425 | 0.5% | 2 |
| LIMBACH HLDGS INC | [LMB](https://holderbook.com/stocks/LMB/) | $881.8K | 6,294 | 0.5% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $849.7K | 2,931 | 0.5% | 5 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $843.2K | 8,500 | 0.5% | 4 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $790.1K | 8,042 | 0.5% | 7 |
| T ROWE PRICE EXCHANGE-TRADED | [TGRT](https://holderbook.com/stocks/TGRT/) | $789.3K | 19,528 | 0.5% | 5 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $769.5K | 9,950 | 0.4% | 4 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $760.7K | 14,902 | 0.4% | 5 |
| ARK ETF TR | [ARKW](https://holderbook.com/stocks/ARKW/) | $679.3K | 4,602 | 0.4% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $672.0K | 3,275 | 0.4% | 5 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $653.5K | 10,887 | 0.4% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $637.1K | 4,741 | 0.4% | 5 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $630.6K | 6,922 | 0.4% | 5 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $627.6K | 15,500 | 0.4% | 9 |
| GARRETT MOTION INC | [GTX](https://holderbook.com/stocks/GTX/) | $612.4K | 58,267 | 0.4% | 2 |
| POTBELLY CORP | [PBPB](https://holderbook.com/stocks/PBPB/) | $583.7K | 47,652 | 0.3% | 4 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $578.2K | 8,827 | 0.3% | 15 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $573.0K | 7,104 | 0.3% | 11 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $555.6K | 10,800 | 0.3% | 4 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $545.4K | 3,605 | 0.3% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $529.8K | 2,415 | 0.3% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $515.7K | 1,462 | 0.3% | 4 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $505.0K | 5,501 | 0.3% | 4 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $485.1K | 4,500 | 0.3% | 9 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $484.0K | 1,756 | 0.3% | 5 |
| GLOBAL X FDS | [AUSF](https://holderbook.com/stocks/AUSF/) | $447.0K | 10,000 | 0.3% | 4 |
| DREAM FINDERS HOMES INC | [DFH](https://holderbook.com/stocks/DFH/) | $446.8K | 17,780 | 0.3% | 2 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $436.9K | 10,000 | 0.3% | 9 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $435.4K | 13,270 | 0.3% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $434.3K | 2,464 | 0.2% | 5 |
| NATURAL RESOURCE PARTNERS LP | [NRP](https://holderbook.com/stocks/NRP/) | $420.6K | 4,404 | 0.2% | 3 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $419.3K | 2,658 | 0.2% | 4 |
| AMERICAN CENTY ETF TR | [AVSC](https://holderbook.com/stocks/AVSC/) | $415.6K | 8,059 | 0.2% | 5 |
| INVESCO EXCH TRADED FD TR II | [RWK](https://holderbook.com/stocks/RWK/) | $413.3K | 3,536 | 0.2% | 5 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $374.0K | 7,189 | 0.2% | 5 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $361.1K | 14,273 | 0.2% | 6 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $346.9K | 4,376 | 0.2% | 5 |
| RESEARCH SOLUTIONS INC | [RSSS](https://holderbook.com/stocks/RSSS/) | $340.8K | 118,761 | 0.2% | 4 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $336.5K | 3,764 | 0.2% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $301.9K | 3,249 | 0.2% | 1 |
| ISHARES TR | [IGE](https://holderbook.com/stocks/IGE/) | $290.4K | 6,563 | 0.2% | 15 |
| REMITLY GLOBAL INC | [RELY](https://holderbook.com/stocks/RELY/) | $270.8K | 14,425 | 0.2% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $270.0K | 2,767 | 0.2% | 3 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $262.0K | 2,200 | 0.2% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $249.7K | 338 | 0.1% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $242.5K | 245 | 0.1% | 4 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $235.7K | 2,584 | 0.1% | 2 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $231.6K | 40 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2025 | +4.2% | +10.5% | -6.2% | 100% |
| Q1 2025 | +3.9% | -4.6% | +8.5% | 98% |
| Q4 2024 | -1.3% | +2.1% | -3.4% | 100% |
| Q3 2024 | +9.0% | +5.4% | +3.5% | 100% |
| Q2 2024 | +0.8% | +4.0% | -3.3% | 100% |
| Q1 2024 | +5.9% | +10.0% | -4.2% | 100% |
| Q4 2023 | +9.2% | +11.2% | -2.0% | 100% |
| Q3 2023 | -3.9% | -3.6% | -0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $173.9M | 87 |
| Q1 2025 | $182.3M | 90 |
| Q4 2024 | $164.8M | 89 |
| Q3 2024 | $163.1M | 83 |
| Q2 2024 | $143.3M | 75 |
| Q1 2024 | $141.2M | 72 |
| Q4 2023 | $133.3M | 68 |
| Q3 2023 | $112.2M | 63 |
| Q2 2023 | $117.5M | 62 |
| Q1 2023 | $80.5M | 41 |
| Q4 2022 | $71.9M | 33 |
| Q3 2022 | $60.9M | 32 |