DOSSIER · 13F-HR · Q3 2026

Versant Capital Management, Inc

$1.2B in tracked AUM across 2,804 positions as of Q3 2026.

VC
CIK 0001735057 · last filed Sep 30, 2026
Total AUM
$1.2B
as of Q3 2026
Holdings
2,804
—
positions
Whale Score
57
57
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2026

Versant Capital Management's Q2 2026 13F reports $1.1B across 2,745 positions, but the signal sits in two deliberate tilts. Roughly $60M is spread across six separate gold vehicles (GDX, IAUM, GLD, GLDM, IAU, RING), anchoring a real-assets complex near 13% of the book alongside GUNR (3.9%) and IXC (2.2%). In the same quarter, the firm sold JPMorgan, Johnson & Johnson, and Walmart to zero while opening three new semiconductor lines in Micron, AMD, and ASML — and shaving Nvidia and Broadcom. On a Dimensional/Avantis factor-fund chassis where Microsoft (6.2%) is the only individual stock with real weight, that pairing — a hard-asset hedge against a broadened AI-capex cyclical bet, funded by exiting classic defensives — reads as a legible macro view, not index drift.

The more interesting move is what that hedge is paired against. In the same quarter, Versant sold JPMorgan ($3.6M), Johnson & Johnson ($3.5M), and Walmart ($3.1M) to zero — the classic defensive blue-chip trio — alongside the TFI municipal-bond ETF. Meanwhile, three new semiconductor lines appeared: Micron ($5.4M), AMD ($3.7M), and ASML ($3.6M), opened while Nvidia (-3.7% of shares) and Broadcom (-3.3%) were shaved. That is a broadening of the AI-capex bet down the supply stack rather than a doubling of the leaders — and it means this book is not risk-off despite the gold. The posture is a specific pairing: hard-asset inflation hedge on one side, cyclical semiconductor exposure on the other, funded by exiting exactly the names most allocators hold for safety.

The third tilt is international. Dimensional's emerging-markets core fund (DFEM) grew 64% by share count, EM value (DFEV) 77%, and international vector equity (DXIV) 125% — building on AVDE and AVEM, which already sit near the top of the book. Ex-US factor exposure is now the largest structural allocation after the domestic core funds.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
MSFT
MICROSOFT
$96M186K8.2%
02
AVDE
AVANTIS INTERNATIONAL EQUITY ETF
$53M591K4.6%
03
GUNR
FLEXSHARES TR MORNSTAR UPSTR
$48M912K4.1%
04
DFAC
DIMENSIONAL U.S. CORE EQUITY 2 ETF
$43M977K3.7%
05
AVEM
AVANTIS EMERGING MARKETS EQUITY ETF
$35M371K3.0%
06
IXC
ISHARES S&P GLOBAL ENERGY
$29M509K2.5%
07
GDX
VANECK GOLD MINERS ETF
$25M286K2.1%
08
DFIC
DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF
$24M631K2.0%
09
AAPL
APPLE INC
$22M66K1.9%
10
DFEM
DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETF
$22M553K1.9%

Filing history

2026Q3Sep 30
$1.2B▲ 4.8%
2,804 positionsView →
2026Q2Jun 30
$1.1B▲ 10.0%
2,745 positionsView →
2026Q1Mar 31
$1.0B▲ 27.3%
2,777 positionsView →
2025Q4Dec 31
$797M▲ 8.5%
2,639 positionsView →
2025Q3Sep 30
$735M▲ 11.6%
2,635 positionsLocked
2025Q2Jun 30
$659M▲ 10.5%
2,631 positionsLocked
2025Q1Mar 31
$596M▲ 28.5%
2,512 positionsLocked
2024Q4Dec 31
$464M▲ 5.8%
2,377 positionsLocked
2024Q3Sep 30
$439M▲ 11.0%
2,011 positionsLocked
2024Q2Jun 30
$395M▲ 12.9%
1,958 positionsLocked
2024Q1Mar 31
$350M▲ 4.4%
1,879 positionsLocked
2023Q4Dec 31
$335M▲ 6.6%
1,915 positionsLocked
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