Auxano Advisors, LLC

Other Low signal CIK 1811491
League rank
#1388
in Other · #5450 overall
Long book
$501.3M
Q1 2026
Positions
199
Top-10 weight
56%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

Auxano Advisors, LLC is an institutional manager, running a $501.3M US long book across 199 positions.

The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, MICROSOFT CORP, SPROTT PHYSICAL GOLD TRUST, GMO U.S. QUALITY ETF, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.9%
Q2 2024
+4.8%
Q3 2024
+3.0%
Q4 2024
-5.0%
Q1 2025
+10.6%
Q2 2025
+8.5%
Q3 2025
+2.7%
Q4 2025
-4.4%
Q1 2026
+9.7%

Sector allocation

Technology
42%
Consumer discretionary
23%
Industrials
10%
Financials
6%
Materials
5%
Healthcare
4%
Services media
3%
Energy
2%

Long book by quarter

$343.4M
Q1 2024
$361.7M
Q2 2024
$386.3M
Q3 2024
$396.8M
Q4 2024
$377.4M
Q1 2025
$428.3M
Q2 2025
$470.3M
Q3 2025
$506.4M
Q4 2025
$501.3M
Q1 2026

What does Auxano Advisors, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology208.2K$52.8M10.5%-0.6%
MSFT MICROSOFT CORPTechnology116.5K$43.1M8.6%+0.2%
AMZN AMAZON.COM INCConsumer discretionary161.7K$33.7M6.7%-0.2%
COST COSTCO WHOLESALE CORPConsumer discretionary27.3K$27.2M5.4%-0.5%
TSLA TESLA INCIndustrials41.8K$15.5M3.1%+32.9%
GOOGL ALPHABET INC-CL ATechnology29.6K$8.5M1.7%-3.2%
NVDA NVIDIA CORPTechnology43.2K$7.5M1.5%+7.1%
JNJ JOHNSON & JOHNSONHealthcare15.5K$3.8M0.8%-4.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials7.3K$3.5M0.7%-0.7%
JPM JPMORGAN CHASE & COFinancials11.3K$3.3M0.7%-2.1%
V VISA INC-CLASS A SHARESServices media9.8K$3.0M0.6%+2.9%
WRN WESTERN COPPER AND GOLD CORPMaterials1.1M$2.8M0.6%+22.2%
SBUX STARBUCKS CORPConsumer discretionary29.6K$2.7M0.5%-1.7%
XOM EXXON MOBIL CORPEnergy15.3K$2.6M0.5%-3.3%
GOOG ALPHABET INC-CL CTechnology8.9K$2.6M0.5%+0.9%
AG FIRST MAJESTIC SILVER CORPMaterials104.0K$2.2M0.4%+2.0%
META META PLATFORMS INC-CLASS ATechnology3.8K$2.2M0.4%+0.6%
HL HECLA MINING COMaterials113.0K$2.1M0.4%-31.1%
DIS WALT DISNEY CO/THEServices media20.8K$2.0M0.4%+7.1%
HD HOME DEPOT INCConsumer discretionary6.0K$2.0M0.4%-0.1%
RKT ROCKET COS INC-CLASS AFinancials135.0K$1.9M0.4%-19.9%
LLY ELI LILLY & COHealthcare2.1K$1.9M0.4%-0.6%
AVGO BROADCOM INCTechnology6.1K$1.9M0.4%+1.0%
ASML ASML HOLDING NV-NY REG SHSIndustrials1.3K$1.7M0.3%+1.2%
MRK MERCK & CO. INC.Healthcare14.0K$1.7M0.3%-0.4%
RRX REGAL REXNORD CORPIndustrials8.6K$1.6M0.3%-5.0%
RSG REPUBLIC SERVICES INCUtilities7.3K$1.6M0.3%+35.6%
COHR COHERENT CORPOther6.7K$1.6M0.3%-10.6%
RTX RTX CORPIndustrials8.0K$1.5M0.3%-8.0%
AIG AMERICAN INTERNATIONAL GROUPFinancials20.5K$1.5M0.3%-1.2%
MDT MEDTRONIC PLCHealthcare17.7K$1.5M0.3%+6.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials2$1.4M0.3%Held
ASM AVINO SILVER & GOLD MINESMaterials220.0K$1.4M0.3%-24.1%
CMPR CIMPRESS PLCOther19.0K$1.4M0.3%+0.1%
GD GENERAL DYNAMICS CORPIndustrials3.7K$1.3M0.3%+5.5%
RRR RED ROCK RESORTS INC-CLASS AServices media23.1K$1.2M0.2%-0.5%
CSCO CISCO SYSTEMS INCTechnology15.1K$1.2M0.2%-0.3%
BTG B2GOLD CORPMaterials250.0K$1.1M0.2%New
SVM SILVERCORP METALS INCMaterials104.0K$1.1M0.2%-62.9%
KGC KINROSS GOLD CORPMaterials35.0K$1.1M0.2%+11.8%
WCC WESCO INTERNATIONAL INCConsumer discretionary3.9K$1.1M0.2%-4.6%
PG PROCTER & GAMBLE CO/THEOther7.4K$1.1M0.2%+66.9%
EXPE EXPEDIA GROUP INCIndustrials4.6K$1.1M0.2%-49.9%
FSM FORTUNA MINING CORPMaterials106.0K$1.1M0.2%-47.0%
NG NOVAGOLD RESOURCES INCMaterials114.0K$1.0M0.2%+26.7%
ABT ABBOTT LABORATORIESHealthcare9.8K$1.0M0.2%+30.7%
CVX CHEVRON CORPEnergy4.8K$1.0M0.2%+0.2%
TMUS T-MOBILE US INCCommunications4.8K$1.0M0.2%+12.1%
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials5.8K$970K0.2%-2.1%
WM WASTE MANAGEMENT INCUtilities4.1K$946K0.2%+27.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 2026199$501.3M canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026188$506.4M canonicalSEC ↗
Q3 202513F-HRNov 5, 2025172$470.3M canonicalSEC ↗
Q2 202513F-HRAug 12, 2025163$428.3M canonicalSEC ↗
Q1 202513F-HRMay 5, 2025162$377.4M canonicalSEC ↗
Q4 202413F-HRFeb 6, 2025162$396.8M canonicalSEC ↗
Q3 202413F-HRNov 7, 2024160$386.3M canonicalSEC ↗
Q2 202413F-HRAug 1, 2024150$361.7M canonicalSEC ↗
Q1 202413F-HRMay 3, 2024152$343.4M canonicalSEC ↗