Adventist Health System/ West
Long book
$563.9M
Q1 2026
Positions
13
Top-10 weight
100%
concentration
Last quarter
+13.6%
SPY +14.8%
Turnover
38%
of book per quarter
Strategy in plain words
auto-generated from filingsAdventist Health System/ West is a wealth-management firm allocating client money, running a $563.9M US long book across 13 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD RUSSELL 1000 VALUE, ISHARES CORE INTL STOCK ETF, ISHARES CORE S&P TOTAL U.S..
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
+3.1%
Q2 2024
+6.2%
Q3 2024
+0.1%
Q4 2024
-1.7%
Q1 2025
+10.1%
Q2 2025
+6.9%
Q3 2025
+2.7%
Q4 2025
-2.2%
Q1 2026
+13.6%
Sector allocation
No sector data
Long book by quarter
What does Adventist Health own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 13 | $563.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 18, 2026 | 8 | $595.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 8 | $613.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 8 | $673.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 8 | $633.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 8 | $646.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 7 | $650.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 7 | $615.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 5 | $556.2M | canonical | SEC ↗ |