Arax Advisory Partners
Long book
$3.54B
Q1 2026
Positions
3766
Top-10 weight
20%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsArax Advisory Partners is a wealth-management firm allocating client money, running a $3.54B US long book across 3766 positions.
The portfolio is broadly diversified across 3766 positions (top 10 only 20%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD GROWTH ETF, VANGUARD VALUE ETF, ISHARES CORE S&P 500 ETF, INVESCO QQQ TRUST SERIES 1, ISHRS US E F R A ETF-USD INC.
Over the last 9 quarters its long book ran on average 1pp 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
+0.6%
Q2 2024
+6.8%
Q3 2024
-0.5%
Q4 2024
-1.7%
Q1 2025
+7.2%
Q2 2025
+6.1%
Q3 2025
+2.9%
Q4 2025
-1.2%
Q1 2026
+11.2%
Sector allocation
Technology 30%
Financials 13%
Industrials 11%
Healthcare 11%
Consumer discretionary 10%
Other 6%
Services media 5%
Utilities 4%
Long book by quarter
What does Arax Advisory own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 235.2K | $60.0M | 1.7% | -24.5% |
| NVDA NVIDIA CORP | Technology | 228.2K | $41.0M | 1.2% | -23.9% |
| MRK MERCK & CO. INC. | Healthcare | 303.9K | $36.5M | 1.0% | +3.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 154.2K | $33.2M | 0.9% | +26.9% |
| MSFT MICROSOFT CORP | Technology | 81.4K | $30.1M | 0.9% | -9.1% |
| GOOG ALPHABET INC-CL C | Technology | 67.2K | $20.0M | 0.6% | +3.4% |
| GOOGL ALPHABET INC-CL A | Technology | 66.1K | $19.4M | 0.5% | -26.0% |
| META META PLATFORMS INC-CLASS A | Technology | 26.0K | $14.9M | 0.4% | -12.6% |
| JPM JPMORGAN CHASE & CO | Financials | 50.7K | $14.9M | 0.4% | -5.1% |
| AVGO BROADCOM INC | Technology | 46.1K | $14.8M | 0.4% | +9.5% |
| OTF BLUE OWL TECHNOLOGY FINANCE | — | 1.2M | $14.8M | 0.4% | New |
| CME CME GROUP INC | Financials | 36.2K | $10.7M | 0.3% | -0.6% |
| ABBV ABBVIE INC | Healthcare | 48.9K | $10.6M | 0.3% | -2.4% |
| XOM EXXON MOBIL CORP | Energy | 62.8K | $10.6M | 0.3% | -17.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 41.4K | $10.1M | 0.3% | +28.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 9.9K | $9.9M | 0.3% | -2.1% |
| TSLA TESLA INC | Industrials | 23.0K | $8.7M | 0.2% | -21.8% |
| V VISA INC-CLASS A SHARES | Services media | 25.6K | $7.8M | 0.2% | -18.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.5K | $7.4M | 0.2% | -18.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 3772 | $3.54B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 4078 | $3.44B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 4358 | $6.97B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 3035 | $2.18B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 3368 | $1.56B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 2415 | $1.59B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 3247 | $1.12B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 3158 | $1.03B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 1843 | $948.1M | canonical | SEC ↗ |