25 LLC
Long book
$324.4M
Q1 2026
Positions
69
Top-10 weight
75%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filings25 LLC is a wealth-management firm allocating client money, specialised in technology (65% of the long book), running a $324.4M US long book across 69 positions.
The portfolio is concentrated: the top 10 names carry 75% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL INTL STOCK, VANGUARD INT-TERM CORPORATE, VANGUARD SMALL-CAP VALUE ETF, VANGUARD VALUE ETF, VANGUARD GROWTH ETF.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.4%
Q2 2024
+7.0%
Q3 2024
-1.8%
Q4 2024
-0.9%
Q1 2025
+7.7%
Q2 2025
+6.5%
Q3 2025
+2.6%
Q4 2025
-0.3%
Q1 2026
+9.2%
Sector allocation
Technology 66%
Consumer discretionary 19%
Industrials 5%
Healthcare 4%
Financials 3%
Energy 2%
Services media 1%
Other 0%
Long book by quarter
What does 25 LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 19.0K | $4.8M | 1.5% | +6.3% |
| GOOG ALPHABET INC-CL C | Technology | 11.2K | $3.2M | 1.0% | +0.1% |
| NVDA NVIDIA CORP | Technology | 11.9K | $2.1M | 0.6% | +21.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.4K | $1.5M | 0.5% | +8.3% |
| MSFT MICROSOFT CORP | Technology | 3.5K | $1.3M | 0.4% | +10.4% |
| WMT WALMART INC | Consumer discretionary | 8.2K | $1.0M | 0.3% | +5.6% |
| GOOGL ALPHABET INC-CL A | Technology | 2.8K | $810K | 0.2% | +45.4% |
| META META PLATFORMS INC-CLASS A | Technology | 1.2K | $699K | 0.2% | +13.5% |
| FAST FASTENAL CO | Consumer discretionary | 12.5K | $581K | 0.2% | +0.7% |
| LLY ELI LILLY & CO | Healthcare | 526 | $484K | 0.1% | +13.6% |
| JPM JPMORGAN CHASE & CO | Financials | 1.6K | $480K | 0.1% | +6.8% |
| HD HOME DEPOT INC | Consumer discretionary | 1.3K | $443K | 0.1% | +7.0% |
| TSLA TESLA INC | Industrials | 1.0K | $381K | 0.1% | +24.0% |
| XOM EXXON MOBIL CORP | Energy | 2.2K | $375K | 0.1% | +18.3% |
| AVGO BROADCOM INC | Technology | 1.2K | $363K | 0.1% | +31.2% |
| SNA SNAP-ON INC | Industrials | 912 | $331K | 0.1% | +0.2% |
| BA BOEING CO/THE | Industrials | 1.6K | $310K | 0.1% | +1.4% |
| NFLX NETFLIX INC | Services media | 3.1K | $295K | 0.1% | +25.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.2K | $285K | 0.1% | New |
| ORCL ORACLE CORP | Technology | 1.8K | $258K | 0.1% | +7.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 251 | $212K | 0.1% | +3.3% |
| LOW LOWE'S COS INC | Consumer discretionary | 890 | $210K | 0.1% | +3.0% |
| COTY COTY INC-CL A | Other | 10.4K | $21K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 69 | $324.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 71 | $315.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 67 | $293.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 21, 2025 | 62 | $272.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 14, 2025 | 59 | $241.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 58 | $236.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 54 | $230.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 5, 2024 | 54 | $210.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2024 | 50 | $204.4M | canonical | SEC ↗ |