Porter White Investment Advisors, Inc.

2. Key Holdings

The portfolio is top-heavy, with the largest three positions accounting for approximately 62.6% of the total assets under management.

• DFAC (Dimensional US Core Equity 2 ETF) - 39.30%: This is the unequivocal "core" holding. With a value of $95.83 million, DFAC provides broad exposure to the US market with a focus on profitability. Its dominance suggests the firm uses this as a foundational beta engine for client portfolios.
• DFUV (Dimensional International Core Equity 2 ETF) - 18.60%: The second-largest holding, valued at $45.36 million, provides international diversification. Combined with DFAC, these two funds represent nearly 58% of the entire portfolio, signaling a strategic preference for global core equity exposure.
• AVUV (Avantis US Small Cap Value ETF) - 4.71%: This is the first of the new positions and is a significant addition at $11.48 million. It represents a tilt toward small-cap companies and value factors, suggesting an aggressive stance on higher expected returns in the small-cap space.