ASSETMARK, INC

Wealth advisor Mechanical CIK 1344551
League rank
#1770
in Wealth advisor · #4742 overall
Long book
$49.04B
Q1 2026
Positions
3443
Top-10 weight
28%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

ASSETMARK, INC is a wealth-management firm allocating client money, running a $49.04B US long book across 3443 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD MEGA CAP GROWTH ETF, VANGUARD MEGA CAP VALUE ETF, VANGUARD S&P 500 ETF, NVIDIA CORP, PIMCO ENHANCED SHORT MATURIT.

Over the last 9 quarters its long book ran on average 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
+2.2%
Q2 2024
+6.2%
Q3 2024
-0.2%
Q4 2024
-2.0%
Q1 2025
+8.5%
Q2 2025
+6.5%
Q3 2025
+2.0%
Q4 2025
-2.3%
Q1 2026
+10.5%

Sector allocation

Technology
36%
Financials
14%
Industrials
9%
Healthcare
8%
Consumer discretionary
6%
Communications
6%
Services media
4%
Utilities
4%

Long book by quarter

$30.76B
Q1 2024
$32.33B
Q2 2024
$34.92B
Q3 2024
$36.81B
Q4 2024
$36.41B
Q1 2025
$42.36B
Q2 2025
$46.65B
Q3 2025
$49.04B
Q4 2025
$49.04B
Q1 2026

What does ASSETMARK, INC own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology5.9M$1.02B2.1%+1.3%
AAPL APPLE INCTechnology3.0M$757.2M1.5%+2.6%
MSFT MICROSOFT CORPTechnology2.0M$749.0M1.5%+6.1%
GOOGL ALPHABET INC-CL ATechnology2.6M$746.9M1.5%+0.4%
META META PLATFORMS INC-CLASS ATechnology948.1K$542.4M1.1%+4.6%
AVGO BROADCOM INCTechnology1.6M$498.0M1.0%+1.1%
AMZN AMAZON.COM INCConsumer discretionary1.8M$381.4M0.8%+0.7%
UTHR UNITED THERAPEUTICS CORPHealthcare616.0K$365.3M0.7%-3.0%
NEM NEWMONT CORPMaterials3.0M$329.6M0.7%+6.1%
T AT&T INCCommunications10.9M$316.8M0.6%+0.1%
SYF SYNCHRONY FINANCIALFinancials4.3M$295.1M0.6%+0.9%
FOXA FOX CORP - CLASS ACommunications5.0M$289.9M0.6%+2.3%
JPM JPMORGAN CHASE & COFinancials822.4K$241.9M0.5%+2.6%
PG PROCTER & GAMBLE CO/THEOther1.4M$199.1M0.4%+0.4%
VZ VERIZON COMMUNICATIONS INCCommunications3.7M$183.7M0.4%-0.5%
MO ALTRIA GROUP INCConsumer staples2.7M$177.0M0.4%0.0%
KLAC KLA CORPOther117.3K$172.7M0.4%+0.1%
GOOG ALPHABET INC-CL CTechnology562.5K$161.4M0.3%+9.7%
UAL UNITED AIRLINES HOLDINGS INCIndustrials1.6M$148.9M0.3%+1.4%
EXEL EXELIXIS INCHealthcare3.4M$145.4M0.3%+1.7%
TSLA TESLA INCIndustrials366.8K$136.3M0.3%+3.1%
AMAT APPLIED MATERIALS INCTechnology370.5K$126.6M0.3%-1.6%
MU MICRON TECHNOLOGY INCTechnology373.7K$126.2M0.3%+386.3%
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials448.1K$123.3M0.3%+11.5%
MA MASTERCARD INC - AServices media244.3K$122.1M0.2%+6.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials253.2K$121.4M0.2%+9.9%
PM PHILIP MORRIS INTERNATIONALConsumer staples709.8K$117.4M0.2%+12.6%
EIX EDISON INTERNATIONALUtilities1.6M$117.2M0.2%+1118.0%
CMCSA COMCAST CORP-CLASS ACommunications4.1M$116.6M0.2%+9.9%
MRSH MARSH & MCLENNAN COSFinancials628.7K$109.0M0.2%-2.6%
CFG CITIZENS FINANCIAL GROUPFinancials1.8M$107.2M0.2%+6.6%
SCHW SCHWAB (CHARLES) CORPFinancials1.1M$104.7M0.2%+10.5%
HIG HARTFORD INSURANCE GROUP INCFinancials768.0K$103.9M0.2%+4.4%
NXT NEXTPOWER INC-CL ATechnology841.0K$101.4M0.2%+96.6%
ACGL ARCH CAPITAL GROUP LTDFinancials1.0M$99.5M0.2%+5.0%
EG EVEREST GROUP LTDFinancials287.8K$94.1M0.2%+2.7%
BKNG BOOKING HOLDINGS INCIndustrials22.2K$93.3M0.2%+30.9%
V VISA INC-CLASS A SHARESServices media299.2K$90.4M0.2%+21.9%
AFL AFLAC INCFinancials801.7K$88.0M0.2%-8.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 20263443$49.04B canonicalSEC ↗
Q4 202513F-HRJan 23, 20263370$49.04B canonicalSEC ↗
Q3 202513F-HRNov 6, 20253181$46.65B canonicalSEC ↗
Q2 202513F-HRAug 4, 20253003$42.36B canonicalSEC ↗
Q1 202513F-HRMay 6, 20252623$36.41B canonicalSEC ↗
Q4 202413F-HRFeb 6, 20252590$36.81B canonicalSEC ↗
Q3 202413F-HRNov 1, 20242254$34.92B canonicalSEC ↗
Q2 202413F-HRAug 13, 20242101$32.33B canonicalSEC ↗
Q1 202413F-HRMay 7, 20241935$30.76B canonicalSEC ↗