Arete Wealth Advisors, LLC

Wealth advisor Mechanical CIK 1600151
League rank
#2801
in Wealth advisor · #6343 overall
Long book
$1.33B
Q1 2026
Positions
321
Top-10 weight
27%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
63%
of book per quarter

Strategy in plain words

auto-generated from filings

Arete Wealth Advisors, LLC is a wealth-management firm allocating client money, running a $1.33B US long book across 321 positions.

The portfolio is moderately concentrated (top 10 ≈ 27% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES FLEX I A ETF-USD INC, WALT DISNEY CO/THE, INVESCO S&P 500 EQUAL WEIGHT, APPLE INC, FIDELITY TOTAL BOND ETF.

Over the last 9 quarters its long book ran on average 1.2pp 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
-0.7%
Q2 2024
+6.5%
Q3 2024
+1.7%
Q4 2024
-2.4%
Q1 2025
+8.7%
Q2 2025
+6.9%
Q3 2025
+2.1%
Q4 2025
-1.4%
Q1 2026
+8.1%

Sector allocation

Technology
35%
Services media
12%
Healthcare
10%
Consumer discretionary
10%
Industrials
9%
Financials
8%
Energy
4%
Utilities
3%

Long book by quarter

$1.08B
Q1 2024
$1.22B
Q2 2024
$1.17B
Q3 2024
$1.39B
Q4 2024
$1.31B
Q1 2025
$1.41B
Q2 2025
$1.60B
Q3 2025
$1.64B
Q4 2025
$1.33B
Q1 2026

What does Arete Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DIS WALT DISNEY CO/THEServices media458.3K$44.1M3.3%-0.4%
AAPL APPLE INCTechnology151.5K$38.4M2.9%-5.7%
NVDA NVIDIA CORPTechnology195.6K$34.1M2.6%-1.1%
JNJ JOHNSON & JOHNSONHealthcare80.3K$19.6M1.5%+17.2%
AMZN AMAZON.COM INCConsumer discretionary86.6K$18.0M1.4%+6.0%
MSFT MICROSOFT CORPTechnology47.9K$17.7M1.3%-8.2%
GOOGL ALPHABET INC-CL ATechnology47.4K$13.6M1.0%-25.9%
XOM EXXON MOBIL CORPEnergy75.9K$12.9M1.0%-5.6%
AVGO BROADCOM INCTechnology35.9K$11.1M0.8%-14.8%
MCD MCDONALD'S CORPConsumer discretionary32.9K$10.2M0.8%-11.9%
RTX RTX CORPIndustrials51.1K$9.9M0.7%+0.9%
META META PLATFORMS INC-CLASS ATechnology16.1K$9.2M0.7%-5.0%
JPM JPMORGAN CHASE & COFinancials30.9K$9.1M0.7%-1.1%
WMT WALMART INCConsumer discretionary71.3K$8.9M0.7%+14.6%
TSLA TESLA INCIndustrials23.6K$8.8M0.7%-17.1%
IBM INTL BUSINESS MACHINES CORPTechnology31.2K$7.5M0.6%-11.3%
GOOG ALPHABET INC-CL CTechnology25.3K$7.3M0.5%-2.8%
V VISA INC-CLASS A SHARESServices media23.1K$7.0M0.5%+4.6%
ABBV ABBVIE INCHealthcare30.8K$6.7M0.5%-5.5%
MRK MERCK & CO. INC.Healthcare51.4K$6.2M0.5%+30.8%
HD HOME DEPOT INCConsumer discretionary18.8K$6.2M0.5%-5.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials12.6K$6.0M0.5%-21.1%
OKE ONEOK INCUtilities54.7K$4.9M0.4%+173.3%
NEM NEWMONT CORPMaterials45.0K$4.9M0.4%+90.4%
IBRX IMMUNITYBIO INCHealthcare586.7K$4.5M0.3%New
CVX CHEVRON CORPEnergy20.3K$4.2M0.3%-9.2%
APLD APPLIED DIGITAL CORPTechnology174.3K$4.1M0.3%-7.7%
MTZ MASTEC INCIndustrials12.3K$3.9M0.3%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology24.3K$3.6M0.3%-24.2%
VRT VERTIV HOLDINGS CO-ATechnology13.7K$3.4M0.3%+55.9%
PG PROCTER & GAMBLE CO/THEOther23.7K$3.4M0.3%-12.2%
KO COCA-COLA CO/THEConsumer staples44.6K$3.4M0.3%0.0%
PFE PFIZER INCHealthcare119.5K$3.4M0.3%+4.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTMay 20, 2026321$1.33B canonicalSEC ↗
Q1 202613F-HRMay 18, 2026329$1.34B SEC ↗
Q4 202513F-HRFeb 13, 2026765$1.64B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 12, 2025769$1.60B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 2025730$1.41B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 16, 2025734$1.31B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025744$1.39B $K fixed canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTNov 18, 2024704$1.17B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 14, 2024704$1.2M SEC ↗
Q2 202413F-HRAug 14, 2024730$1.22B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 16, 2024376$1.08B canonicalSEC ↗