CARY STREET PARTNERS INVESTMENT ADVISORY LLC

Cary Street Partners Investment Advisory LLC's $391M 13F carries 3,844 individual line items — an average position size of roughly $101K that is the fingerprint of a separately managed account (SMA) or model-portfolio wrapper rather than a concentrated discretionary fund. The top holdings — Apple (AAPL, 3.2%), Nvidia (NVDA, 2.4%), Microsoft (MSFT, 2.3%) — are held at de minimis weights in a structure where no single position exceeds 3.2% of assets, and the balance of the book is dispersed across thousands of smaller commitments. The Q1 initiations (IEUR, WMB, PBL, XOM, JEPQ) span international equity, energy, and single-stock names — a breadth consistent with passive framework rebalancing rather than active conviction. With whaleScore of 38.75 and the highest holding-count-to-AUM ratio in this batch, this entity is best classified passive_index.