13F
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Asset Dedication, LLC

13F equity value
$1.4B
Positions
1,114
Top 10 concentration
53.8%
Quarters / total new picks
32 / 1,554
13F equity value over time
$0M$762M$2B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 32 quarters, returned +3.4% per quarter — versus +2.7% per quarter from simply owning every 13F stock. It beat that baseline in only 62.5% of quarters (excess t = 0.56, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+0.9%
t-stat
0.56
Quarterly win rate
63%
Annualized excess
+2.9%
$1 → follow vs universe
$2.57 vs $2.09
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520201231: universe 1.55320210331: universe 1.56620210630: universe 1.69220210930: universe 1.51920211231: universe 1.29220220331: universe 1.38720220630: universe 1.28520220930: universe 1.38120221231: universe 1.28220230331: universe 1.35120230630: universe 1.30320230930: universe 1.47920231231: universe 1.54520240331: universe 1.58020240630: universe 1.72320240930: universe 1.70820241231: universe 1.59420250331: universe 1.73820250630: universe 1.79320250930: universe 2.01620251231: universe 2.085 20180331: follow 1.04320180630: follow 0.98120180930: follow 1.05620181231: follow 1.04920190331: follow 0.93520190630: follow 1.04720190930: follow 1.13520191231: follow 0.91320200331: follow 1.15220200630: follow 1.26520200930: follow 1.51120201231: follow 1.59020210331: follow 1.61320210630: follow 1.73420210930: follow 1.56220211231: follow 1.48720220331: follow 1.55720220630: follow 1.46520220930: follow 1.55620221231: follow 1.47820230331: follow 1.61320230630: follow 1.58820230930: follow 1.70120231231: follow 1.75320240331: follow 1.92320240630: follow 2.13020240930: follow 2.02420241231: follow 2.02720250331: follow 2.23320250630: follow 2.12620250930: follow 2.31020251231: follow 2.570 0.84 1.81 2.78 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 1114 · 2026 Q1

Ticker Value Weight QoQ
DFAC $173M
12.1%
ADD
DFAT $159M
11.1%
TRIM
DFEV $91M
6.4%
TRIM
DFEM $86M
6.0%
TRIM
DFIC $86M
6.0%
TRIM
DFAX $58M
4.0%
TRIM
DISV $48M
3.4%
HOLD
BSCQ $27M
1.9%
TRIM
DFUS $24M
1.7%
TRIM
AAPL $18M
1.3%
TRIM
BSCR $17M
1.2%
TRIM
NVDA $16M
1.1%
TRIM
BSCS $16M
1.1%
TRIM
MDYV $13M
0.9%
TRIM
BSCT $12M
0.9%
ADD
BSCU $12M
0.8%
ADD
MSFT $12M
0.8%
TRIM
AVGO $11M
0.7%
TRIM
SLYV $11M
0.7%
HOLD
WMT $9M
0.7%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.