Apella Capital, LLC
Long book
$6.74B
Q1 2026
Positions
675
Top-10 weight
34%
concentration
Last quarter
+9.5%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsApella Capital, LLC is a wealth-management firm allocating client money, running a $6.74B US long book across 675 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US CORE EQUITY 2, VANGUARD TOTAL STOCK MKT ETF, DIMENSIONAL SHORT DURATION, DIMENSIONAL CORE FIXED INC, DIMENSIONAL INTERNATIONAL CO.
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
+0.9%
Q2 2024
+5.9%
Q3 2024
-1.1%
Q4 2024
-0.4%
Q1 2025
+7.4%
Q2 2025
+6.1%
Q3 2025
+2.6%
Q4 2025
-0.7%
Q1 2026
+9.5%
Sector allocation
Technology 42%
Industrials 11%
Financials 11%
Consumer discretionary 8%
Healthcare 7%
Services media 5%
Energy 5%
Utilities 4%
Long book by quarter
What does Apella Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 325.6K | $88.0M | 1.3% | +27.9% |
| MSFT MICROSOFT CORP | Technology | 121.4K | $51.3M | 0.8% | +18.3% |
| GOOG ALPHABET INC-CL C | Technology | 87.5K | $29.7M | 0.4% | +33.6% |
| NVDA NVIDIA CORP | Technology | 140.5K | $28.3M | 0.4% | +35.7% |
| XOM EXXON MOBIL CORP | Energy | 141.0K | $20.7M | 0.3% | +203.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 42.1K | $20.0M | 0.3% | +44.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 76.6K | $19.2M | 0.3% | +68.8% |
| GOOGL ALPHABET INC-CL A | Technology | 52.0K | $17.8M | 0.3% | +36.8% |
| JPM JPMORGAN CHASE & CO | Financials | 37.8K | $11.7M | 0.2% | +70.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 687 | $6.74B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 531 | $5.06B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 17, 2025 | 473 | $4.49B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 8, 2025 | 424 | $3.69B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 388 | $2.91B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 341 | $2.61B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 3, 2024 | 320 | $2.43B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 10, 2024 | 307 | $2.24B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 10, 2024 | 294 | $1.98B | canonical | SEC ↗ |