AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP
Long book
$169.5M
Q1 2026
Positions
90
Top-10 weight
58%
concentration
Last quarter
+12.1%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsAFG FIDUCIARY SERVICES LIMITED PARTNERSHIP is a wealth-management firm allocating client money, running a $169.5M US long book across 90 positions.
The portfolio is concentrated: the top 10 names carry 58% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, PGIM ULTRA SHORT BOND ETF, PIMCO ENHANCED SHORT MATURIT, ISHARES 20+ YEAR TREASURY BD, ISHARES CORE S&P MIDCAP ETF.
Over the last 9 quarters its long book ran on average 0.6pp 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
+1.8%
Q2 2024
+5.8%
Q3 2024
-0.8%
Q4 2024
-2.4%
Q1 2025
+10.2%
Q2 2025
+6.3%
Q3 2025
+2.2%
Q4 2025
-0.0%
Q1 2026
+12.1%
Sector allocation
Technology 46%
Consumer discretionary 28%
Industrials 8%
Financials 6%
Energy 6%
Utilities 2%
Communications 2%
Services media 1%
Long book by quarter
What does AFG FIDUCIARY own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 1.8M | $7.1M | 4.2% | 0.0% |
| AAPL APPLE INC | Technology | 4.6M | $5.9M | 3.5% | 0.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 15.9K | $3.5M | 2.1% | +1.6% |
| NVDA NVIDIA CORP | Technology | 731.1K | $2.5M | 1.5% | 0.0% |
| XOM EXXON MOBIL CORP | Energy | 10.1K | $1.7M | 1.0% | +6.5% |
| NET CLOUDFLARE INC - CLASS A | Technology | 7.5K | $1.6M | 0.9% | +7.5% |
| CAVA CAVA GROUP INC | Consumer discretionary | 17.7K | $1.5M | 0.9% | +0.4% |
| POWL POWELL INDUSTRIES INC | Industrials | 5.6K | $1.1M | 0.6% | +222.3% |
| ALL ALLSTATE CORP | Financials | 3.5K | $723K | 0.4% | +30.0% |
| AGX ARGAN INC | Industrials | 1.3K | $720K | 0.4% | -38.6% |
| VST VISTRA CORP | Utilities | 3.9K | $586K | 0.3% | +10.9% |
| GOOGL ALPHABET INC-CL A | Technology | 252.5K | $504K | 0.3% | 0.0% |
| TSLA TESLA INC | Industrials | 1.4K | $494K | 0.3% | +20.7% |
| CTRN CITI TRENDS INC | Consumer discretionary | 10.0K | $458K | 0.3% | Held |
| TPL TEXAS PACIFIC LAND CORP | Financials | 900 | $404K | 0.2% | New |
| BA BOEING CO/THE | Industrials | 1.8K | $373K | 0.2% | +16.6% |
| MSFT MICROSOFT CORP | Technology | 916 | $342K | 0.2% | +15.8% |
| GOOG ALPHABET INC-CL C | Technology | 1.1K | $332K | 0.2% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 4.5K | $325K | 0.2% | +5.9% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 1.5K | $304K | 0.2% | New |
| JPM JPMORGAN CHASE & CO | Financials | 992 | $293K | 0.2% | -5.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 584 | $278K | 0.2% | -5.7% |
| NBBK NB BANCORP INC | Financials | 11.7K | $255K | 0.2% | +6.6% |
| T AT&T INC | Communications | 8.9K | $251K | 0.1% | +0.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.0K | $243K | 0.1% | New |
| TER TERADYNE INC | Technology | 761 | $240K | 0.1% | New |
| CVX CHEVRON CORP | Energy | 1.1K | $228K | 0.1% | New |
| VZ VERIZON COMMUNICATIONS INC | Communications | 4.3K | $211K | 0.1% | New |
| TLYS TILLY'S INC-CLASS A SHRS | Consumer discretionary | 40.0K | $176K | 0.1% | Held |
| FSM FORTUNA MINING CORP | Materials | 15.0K | $154K | 0.1% | New |
| GAU GALIANO GOLD INC | Materials | 26.5K | $67K | 0.0% | New |
| TDOC TELADOC HEALTH INC | Healthcare | 10.3K | $55K | 0.0% | -21.2% |
| DNN DENISON MINES CORP | Materials | 15.0K | $54K | 0.0% | Held |
| CMCSA COMCAST CORP-CLASS A | Communications | 21.6K | $49K | 0.0% | +3.5% |
| VLO VALERO ENERGY CORP | Energy | 32.4K | $32K | 0.0% | Held |
| COCH ENVOY MEDICAL INC | Healthcare | 12.0K | $8K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 8, 2026 | 92 | $171.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 6, 2026 | 88 | $168.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 17, 2025 | 92 | $173.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 86 | $156.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 11, 2025 | 71 | $136.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 73 | $141.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 76 | $148.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 76 | $143.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 83 | $135.2M | canonical | SEC ↗ |