Appalachian Capital Management Ltd
Long book
$124.9M
Q1 2026
Positions
45
Top-10 weight
84%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsAppalachian Capital Management Ltd is a wealth-management firm allocating client money, running a $124.9M US long book across 45 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: SCHWAB US BROAD MARKET ETF, SS SPDR P INT TERM TSY ETF, SCHWAB US DVD EQUITY ETF, SS SPDR PF LNG TRM TSY E-USD, FIRST TRUST SMITH UNCONSTRAI.
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
Q4 2025
-1.8%
Q1 2026
+10.2%
Sector allocation
Energy 23%
Industrials 21%
Technology 20%
Financials 14%
Consumer discretionary 10%
Healthcare 7%
Services media 5%
Long book by quarter
What does Appalachian Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BA BOEING CO/THE | Industrials | 5.8K | $1.1M | 0.9% | +8.1% |
| XOM EXXON MOBIL CORP | Energy | 5.7K | $960K | 0.8% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.1K | $858K | 0.7% | +18.6% |
| TSLA TESLA INC | Industrials | 1.8K | $652K | 0.5% | +8.6% |
| NVDA NVIDIA CORP | Technology | 3.2K | $562K | 0.5% | -13.4% |
| VLO VALERO ENERGY CORP | Energy | 2.1K | $519K | 0.4% | Held |
| UBCP UNITED BANCORP INC/OHIO | Financials | 33.4K | $508K | 0.4% | 0.0% |
| NFLX NETFLIX INC | Services media | 4.8K | $466K | 0.4% | +7.5% |
| WSBC WESBANCO INC | Financials | 13.5K | $465K | 0.4% | -40.2% |
| CVX CHEVRON CORP | Energy | 2.2K | $459K | 0.4% | +10.9% |
| MSFT MICROSOFT CORP | Technology | 917 | $339K | 0.3% | +16.8% |
| LLY ELI LILLY & CO | Healthcare | 363 | $334K | 0.3% | +6.8% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 731 | $285K | 0.2% | +12.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 1.3K | $272K | 0.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 880 | $252K | 0.2% | New |
| VTRS VIATRIS INC | Healthcare | 16.6K | $225K | 0.2% | -2.1% |
| UBSI UNITED BANKSHARES INC | Financials | 5.0K | $207K | 0.2% | New |
| EONR EON RESOURCES INC | Energy | 20.0K | $17K | 0.0% | Held |