This article first appeared on GuruFocus .
Avantis U.S. Large Cap Value ETF ( AVLV ) reported gross ETF activity of $740.5 million on Thursday, with $614.0 million net bought against $22.64 billion in assets. AVLV increased 173 positions and decreased 77, led by a $585.4 million purchase of Exxon Mobil.
What did AVLV buy on Thursday?
Its largest buys by dollar value were XOM ($585.4 million), QCOM ($26.5 million) and HL ($7.7 million).
| Stock |
Shares changed |
Value |
Position |
|---|---|---|---|
| EXXONMOBIL HOLDINGS CORP COMMON STOCK ( XOM ) |
+3,193,782 |
$585.4M |
New position |
| QUALCOMM INC COMMON STOCK USD.0001 ( QCOM ) |
+142,668 |
$26.5M |
0.98% of fund |
| HECLA MINING CO COMMON STOCK USD.25 ( HL ) |
+530,819 |
$7.7M |
0.09% of fund |
| FLEX LTD COMMON STOCK ( FLEX ) |
+61,452 |
$5.7M |
0.27% of fund |
| IDEXX LABORATORIES INC COMMON STOCK USD.1 ( IDXX ) |
+7,247 |
$4.2M |
0.04% of fund |
What did AVLV sell on Thursday?
Its largest sells by dollar value were CAT ($32.6 million), COST ($15.5 million) and ACN ($5.1 million).
| Stock |
Shares changed |
Value |
Position |
|---|---|---|---|
| CATERPILLAR INC COMMON STOCK USD1.0 ( CAT ) |
-50,364 |
-$32.6M |
0.70% of fund |
| COSTCO WHOLESALE CORP COMMON STOCK USD.005 ( COST ) |
-15,538 |
-$15.5M |
2.20% of fund |
| ACCENTURE PLC CL A COMMON STOCK USD.0000225 ( ACN ) |
-20,751 |
-$5.1M |
0.56% of fund |
| OLD DOMINION FREIGHT LINE COMMON STOCK USD.1 ( ODFL ) |
-27,432 |
-$4.7M |
0.27% of fund |
| VALMONT INDUSTRIES COMMON STOCK USD1.0 ( VMI ) |
-5,990 |
-$2.6M |
0.03% of fund |
The largest buy was a new 3,193,782-share position in Exxon Mobil worth $585.4 million, or 2.58% of the fund. AVLV also added 142,668 Qualcomm shares for $26.5 million, 530,819 Hecla Mining shares for $7.7 million, 61,452 Flex shares for $5.7 million and 7,247 IDEXX Laboratories shares for $4.2 million. On the sell side, it cut 50,364 Caterpillar shares for $32.6 million and 15,538 Costco shares for $15.5 million, and trimmed Accenture, Old Dominion Freight Line and Valmont Industries. No positions were fully exited.
How does AVLV invest?
Avantis U.S. Large Cap Value ETF ( AVLV ) is an Equity US fund with $22.64 billion in assets across 274 holdings, with 26.8% of assets in its top 10. Its largest sectors are Financial Services at 22.5%, Energy at 15.4% and Consumer Cyclical at 15.1%, and its mix is 93.0% large-cap and 7.0% mid-cap. It charges 0.15% and its top holdings are Microsoft at 3.44%, Micron Technology at 2.95%, Meta Platforms at 2.91%, Apple at 2.84% and Amazon.com at 2.78%. AVLV has a GF Score of 84, a P/E of 14.59, a P/B of 2.71, a dividend yield of 0.99% and a year-to-date return of 25.19%.
Avantis U.S. Large Cap Value ETF ( AVLV ) at a glance
| Measure |
Value |
|---|---|
| Category |
Equity US |
| Asset class |
Equity |
| Holdings |
274 |
| Top 10 holdings |
26.8% of assets |
| Largest sectors |
Financial Services 22.5%, Energy 15.4%, Consumer Cyclical 15.1% |
| Expense ratio |
0.15% |
| Market-cap mix |
Large 93.0%, mid 7.0%, small 0.0% |
| 84/100 |
|
| P/E |
14.59 |
| P/B |
2.71 |
| Dividend yield |
0.99% |
| Year-to-date return |
+25.19% |
| Top holdings |
MSFT (3.44%), MU (2.95%), META (2.91%), AAPL (2.84%), AMZN (2.78%) |
See the full Avantis U.S. Large Cap Value ETF profile , or compare it with similar funds in the ETF Screener . Its biggest buy this time, XOM, has its own GF Value page and stock summary .
See which funds are buying and selling on GuruFocus ETF Trends , or find and compare funds with the ETF Screener .
What should investors watch next for AVLV?
Watch whether the new Exxon Mobil stake grows beyond its 2.58% weight and whether the trimming of Caterpillar and Costco continues in the next holdings update.
Based on holdings changes reported by Avantis U.S. Large Cap Value ETF ( AVLV ) for Oct. 29, 2026, US-listed stocks only.
