DEMMING FINANCIAL SERVICES CORP /ADV

CIK 0000760639 · Q1 2026

13F Equity AUM

$137.8M

+3.6% QoQ

Positions

+2 QoQ

AUM Rank

#8,863

Top 71%

Skill Alpha (FF)

—

No alpha data

Quarters Tracked

~0 years

Portfolio Concentration

Top 5: 83.7%Top 10: 90.3%Top 20: 95.9%

DFAC35.0%

DFAX31.8%

DFAE6.0%

DFAS5.6%

DFAW5.3%

FPAG2.7%

DFAI1.1%

DFNM1.1%

LDDR0.9%

DFSD0.9%

Others (27)9.7%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services93.4%

Other6.6%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 37Median: 0.38%Avg: 2.70%

0–0.5%

21(5.8%)

0.5–1%

8(5.7%)

1–3%

3(4.9%)

3–5%

0(0.0%)

5%+

5(83.7%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 34Unique: 3vs 20 funds

0.5%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

JPMORGAN CHASE & CO

0.7%

BANK OF AMERICA CORP /DE/

0.7%

MORGAN STANLEY

0.6%

FMR LLC

0.9%

BlackRock, Inc.

0.6%

VANGUARD CAPITAL MANAGEMENT LLC

0.6%

GEODE CAPITAL MANAGEMENT, LLC

0.6%

STATE STREET CORP

0.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

0.7%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

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Position Changes This Quarter

New5Increased20Decreased8Exited3

New Positions

FMNB0.6%

+60K

RTX0.3%

+2K

NDQ0.2%

+533

JNJ0.2%

+874

GOOGL0.2%

+767

Increased

DFAC35.0%

+23K(+2%)

DFAX31.8%

+22K(+2%)

DFAI1.1%

+8K(+25%)

DFAE6.0%

+7K(+3%)

DFAW5.3%

+5K(+6%)

DFAU0.5%

+5K(+50%)

FPAG2.7%

+3K(+3%)

DFNM1.1%

+2K(+8%)

FEGE0.4%

+2K(+21%)

DUSB0.6%

+1K(+9%)

Decreased

DFAS5.6%

-728(-1%)

DFSD0.9%

-389(-2%)

AAPL0.3%

-185(-9%)

XOM0.4%

-142(-4%)

MSFT0.2%

-54(-7%)

DFCF0.3%

-21(-0%)

PGR0.4%

-2(-0%)

PG0.2%

-1(-0%)

Exited

MBCN

-22,953

NEE

-4,344

NVDA

-1,139

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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