Clients
Xponance serves 131 clients, 52 of them charitable organizations. The average client has about $185 million with the firm, and high-net-worth clients hold 0% of its $24.3 billion in assets.
- Pooled investment vehicles2 clients5%
- Pension and profit-sharing plans19 clients5%
- Charitable organizations52 clients10%
- State or municipal government entities42 clients77%
- Corporations and other businesses6 clients3%
- OtherIndividuals, High-net-worth individuals, Insurance companies0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 5 | $3,124,940 | 0.0% | $625K |
| High-net-worth individuals | 2 | $40,555,587 | 0.2% | $20.3M |
| Pooled investment vehicles | 2 | $1,160,131,503 | 4.8% | $580.1M |
| Pension and profit-sharing plans | 19 | $1,228,955,120 | 5.1% | $64.7M |
| Charitable organizations | 52 | $2,396,607,202 | 9.9% | $46.1M |
| State or municipal government entities | 42 | $18,722,960,926 | 77.2% | $445.8M |
| Insurance companies | 3 | $47,107,920 | 0.2% | $15.7M |
| Corporations and other businesses | 6 | $666,987,512 | 2.7% | $111.2M |
| Total | 131 | $24,266,430,710 | 100% | $185.2M |
- Clients
- 5
- Regulatory AUM
- $3,124,940
- Share
- 0.0%
- Avg. per client
- $625K
- Clients
- 2
- Regulatory AUM
- $40,555,587
- Share
- 0.2%
- Avg. per client
- $20.3M
- Clients
- 2
- Regulatory AUM
- $1,160,131,503
- Share
- 4.8%
- Avg. per client
- $580.1M
- Clients
- 19
- Regulatory AUM
- $1,228,955,120
- Share
- 5.1%
- Avg. per client
- $64.7M
- Clients
- 52
- Regulatory AUM
- $2,396,607,202
- Share
- 9.9%
- Avg. per client
- $46.1M
- Clients
- 42
- Regulatory AUM
- $18,722,960,926
- Share
- 77.2%
- Avg. per client
- $445.8M
- Clients
- 3
- Regulatory AUM
- $47,107,920
- Share
- 0.2%
- Avg. per client
- $15.7M
- Clients
- 6
- Regulatory AUM
- $666,987,512
- Share
- 2.7%
- Avg. per client
- $111.2M
Total
- Clients
- 131
- Regulatory AUM
- $24,266,430,710
- Share
- 100%
- Avg. per client
- $185.2M
What it does
Xponance provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Xponance provided financial planning to 0 clients last fiscal year and advises no private funds.
98.6% of assets ($23.93B across 128 accounts) are managed with discretion; $334.8M across 3 accounts are not. $38.8M sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks83%
- Funds3%
- Bonds10%
- U.S. government and agency bonds5%
- Investment grade corporate bonds5%
- Cash2%
- Other2%
- Cmo, abs, fixed income etfs, variable abs, and floating rate cmbs.2%
Custodians
Xponance’s client accounts are held mainly at The Northern Trust, with 31% of managed assets, and State Street Bank and Trust, with 30%. Xponance does not have custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $3.60B15%
- J.P. MorganJpmorgan Chase Bank, NA · Columbus, OH · $2.43B10%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $7.26B30%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $7.40B31%
- All other custodians$3.58B15%
Ownership and leadership
Xponance Holdings, Inc. owns 75% or more of Xponance.
- Owns 75% or more of Xponance LLC
Xponance Holdings, Inc.
Control person · since January 2026
- Owns 50% to 75% of Xponance Holdings, Inc.
Tina Byles Williams Revocable Trust
Control person · since January 2026
Tina Byles Williams
Trustee · Control person · since December 2009
- Owns 25% to 50% of Xponance Holdings, Inc.
Xponance Employee Stock Ownership Plan Trust
Control person · since January 2026
James Urbach
Trustee · Control person · since December 2012
Leadership
- McCullough WilliamsPresident & COO/Director
- Eugenie LogueChief Financial Officer
- Mildred ForbesChief Compliance Officer
- Tina Byles WilliamsCEO & CIO/Director
- Fred ChoateDirector
- Donna JamesDirector
- James RheeDirector
- Cynthia SteerDirector
Staff
- 46 employees
- 15 in advisory functions
Reported holdings
Xponance’s reported 13F holdings total $16.30B across 1,841 positions, and the ten largest make up 37.3% of it.
- $16.30B
- Reported 13F value
- 1,841
- Positions
- 37.3%
- In the 10 largest
- +15.9%
- Value vs. prior quarter
- Nvidia Corporation8.2%
- Apple Inc.6.3%
- Microsoft Corp.4.0%
- Alphabet Inc. · Cap Stk CL A3.7%
- Broadcom Inc.3.1%
- Alphabet Inc. · Cap Stk CL C2.9%
- Amazon Com Inc.2.8%
- Micron Technology Inc.2.2%
- Tesla Inc.2.1%
- Meta Platforms Inc. · CL A2.0%
Together, the ten largest are 37.3% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $16.30B is not its $24.27B in regulatory assets and does not represent any individual client's portfolio.
Fees
Xponance is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Xponance’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Xponance has 1 office, with 2 listed addresses across 2 states.
North Carolina · 1 listed address
- 2605 Meridian Parkway, Durham
Pennsylvania · 1 listed address
- 1845 Walnut Street, Suite 800, PhiladelphiaHQ
Registration details
- Legal name
- Xponance LLC
- Headquarters
- 1845 Walnut Street, Suite 800, Philadelphia, PA 19103
- Phone
- 215-567-1100
- Website
- www.xponance.com
- SEC file
- 801-51407
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Xponance have?
Xponance has 131 clients and manages $24.3 billion for them, as of September 2026. They include 52 charitable organizations, 42 state or municipal government entities and 19 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 September 2026
What services does Xponance offer?
Xponance provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Xponance use?
Xponance’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $7,402,711,050, State Street Bank and Trust Company (Boston, MA), with $7,260,323,718, The Bank of New York Mellon (New York, NY), with $3,597,710,313 and Jpmorgan Chase Bank, NA (Columbus, OH), with $2,428,910,004. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 September 2026
How many financial advisors does Xponance have?
Xponance has 0 investment adviser representatives registered with state securities authorities, out of 46 employees, and 15 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Xponance invest in?
At the end of its last fiscal year, Xponance’s separately managed accounts held 83% exchange-traded equities, 5% U.S. government and agency bonds, 5% investment grade corporate bonds, 3% pooled vehicles (private funds and similar), 2% cash and equivalents and 2% cmo, abs, fixed income etfs, variable abs, and floating rate cmbs.. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Xponance?
Xponance’s direct owner is Xponance Holdings, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 September 2026
How does Xponance get paid?
Xponance is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file