AAF Wealth Management, LLC
Long book
$243.8M
Q1 2026
Positions
54
Top-10 weight
87%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsAAF Wealth Management, LLC is a wealth-management firm allocating client money, running a $243.8M US long book across 54 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD VALUE ETF, ISHARES CORE MSCI DEV MKTS, INVESCO NASDAQ 100 ETF, VANGUARD INT HIGH DVD YLD IN.
Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 4 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
+2.1%
Q2 2024
+6.2%
Q3 2024
-1.1%
Q4 2024
-0.9%
Q1 2025
+9.5%
Q2 2025
+7.7%
Q3 2025
+3.8%
Q4 2025
-1.3%
Q1 2026
+12.5%
Sector allocation
Technology 75%
Financials 9%
Consumer discretionary 6%
Industrials 4%
Healthcare 2%
Energy 1%
Other 1%
Long book by quarter
What does AAF Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 20.4K | $5.2M | 2.1% | -3.3% |
| GOOG ALPHABET INC-CL C | Technology | 14.3K | $4.1M | 1.7% | -2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 2.6K | $1.5M | 0.6% | +3.7% |
| MSFT MICROSOFT CORP | Technology | 3.7K | $1.4M | 0.6% | +3.1% |
| GOOGL ALPHABET INC-CL A | Technology | 4.8K | $1.4M | 0.6% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.9K | $1.0M | 0.4% | -1.6% |
| NVDA NVIDIA CORP | Technology | 5.8K | $1.0M | 0.4% | +22.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.9K | $897K | 0.4% | +4.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 1 | $718K | 0.3% | Held |
| AVGO BROADCOM INC | Technology | 1.5K | $452K | 0.2% | +117.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.8K | $448K | 0.2% | Held |
| RTX RTX CORP | Industrials | 1.9K | $360K | 0.1% | -1.2% |
| GLW CORNING INC | Industrials | 2.1K | $288K | 0.1% | New |
| XOM EXXON MOBIL CORP | Energy | 1.5K | $254K | 0.1% | New |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.5K | $246K | 0.1% | -17.0% |
| UNP UNION PACIFIC CORP | Industrials | 963 | $234K | 0.1% | -13.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.5K | $215K | 0.1% | -8.9% |
| JPM JPMORGAN CHASE & CO | Financials | 693 | $204K | 0.1% | New |
| ACRV ACRIVON THERAPEUTICS INC | Healthcare | 10.7K | $15K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 59 | $243.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 56 | $237.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 47 | $220.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 66 | $219.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 16, 2025 | 48 | $185.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | May 19, 2025 | 51 | $198.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 18, 2025 | 47 | $196.8M | SEC ↗ | |
| Q3 2024 | 13F-HR/ARESTATEMENT | May 19, 2025 | 45 | $198.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 44 | $197.9M | SEC ↗ | |
| Q2 2024 | 13F-HR/ARESTATEMENT | May 19, 2025 | 46 | $193.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 46 | $192.5M | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 19, 2025 | 43 | $177.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 43 | $177.2M | SEC ↗ |