Avalon Trust Co
Long book
$1.45B
Q1 2026
Positions
460
Top-10 weight
53%
concentration
Last quarter
+15.2%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsAvalon Trust Co is an institutional manager, running a $1.45B US long book across 460 positions.
The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL C, BROADCOM INC, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 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
+3.6%
Q2 2024
+6.8%
Q3 2024
+2.1%
Q4 2024
-6.9%
Q1 2025
+11.9%
Q2 2025
+13.0%
Q3 2025
+2.8%
Q4 2025
-4.4%
Q1 2026
+15.2%
Sector allocation
Technology 48%
Consumer discretionary 13%
Financials 10%
Industrials 8%
Services media 7%
Utilities 5%
Healthcare 4%
Other 3%
Long book by quarter
What does Avalon Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 727.0K | $126.8M | 8.7% | -1.0% |
| AAPL APPLE INC | Technology | 416.0K | $105.6M | 7.3% | +1.2% |
| GOOG ALPHABET INC-CL C | Technology | 340.1K | $97.6M | 6.7% | -10.4% |
| AVGO BROADCOM INC | Technology | 297.6K | $92.1M | 6.3% | -10.4% |
| MSFT MICROSOFT CORP | Technology | 236.5K | $87.6M | 6.0% | +2.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 368.8K | $76.8M | 5.3% | +0.7% |
| V VISA INC-CLASS A SHARES | Services media | 176.6K | $53.4M | 3.7% | +2.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 69.8K | $33.5M | 2.3% | -0.3% |
| PWR QUANTA SERVICES INC | Industrials | 60.6K | $33.3M | 2.3% | -35.3% |
| BE BLOOM ENERGY CORP- A | Industrials | 233.7K | $31.7M | 2.2% | -34.1% |
| LOW LOWE'S COS INC | Consumer discretionary | 127.3K | $30.1M | 2.1% | +0.5% |
| NFLX NETFLIX INC | Services media | 269.4K | $25.9M | 1.8% | +14868.5% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 123.6K | $25.7M | 1.8% | -0.5% |
| PGR PROGRESSIVE CORP | Financials | 120.0K | $23.8M | 1.6% | +0.7% |
| CMS CMS ENERGY CORP | Utilities | 293.4K | $22.8M | 1.6% | +0.4% |
| LIN LINDE PLC | Materials | 45.3K | $22.5M | 1.5% | +0.6% |
| USFD US FOODS HOLDING CORP | Consumer discretionary | 237.3K | $21.9M | 1.5% | +66.0% |
| RMD RESMED INC | Healthcare | 95.0K | $21.3M | 1.5% | +2.8% |
| AWK AMERICAN WATER WORKS CO INC | Utilities | 152.2K | $20.7M | 1.4% | -0.4% |
| AZO AUTOZONE INC | Consumer discretionary | 6.0K | $20.4M | 1.4% | +0.4% |
| SYK STRYKER CORP | Healthcare | 60.5K | $19.9M | 1.4% | +20080.0% |
| AON AON PLC-CLASS A | Financials | 57.2K | $18.5M | 1.3% | +0.6% |
| PANW PALO ALTO NETWORKS INC | Technology | 110.6K | $17.7M | 1.2% | +55.9% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 35.9K | $17.7M | 1.2% | +2.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 100.3K | $16.0M | 1.1% | -1.0% |
| VMI VALMONT INDUSTRIES | Industrials | 39.9K | $16.0M | 1.1% | +0.9% |
| DHR DANAHER CORP | Technology | 80.8K | $15.3M | 1.1% | +2.8% |
| KLAC KLA CORP | Other | 10.3K | $15.1M | 1.0% | +256375.0% |
| ADI ANALOG DEVICES INC | Technology | 40.6K | $12.9M | 0.9% | +4.3% |
| VLTO VERALTO CORP | Technology | 143.1K | $12.7M | 0.9% | +2.0% |
| ANET ARISTA NETWORKS INC | Technology | 93.4K | $11.5M | 0.8% | +1.1% |
| GOOGL ALPHABET INC-CL A | Technology | 37.7K | $10.8M | 0.7% | -29.6% |
| NVT NVENT ELECTRIC PLC | Industrials | 85.1K | $10.1M | 0.7% | +0.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 41.0K | $10.0M | 0.7% | +1.1% |
| ONT ONTERRIS INC | Services media | 436.5K | $9.6M | 0.7% | +2.1% |
| TYL TYLER TECHNOLOGIES INC | Technology | 23.0K | $7.9M | 0.5% | -0.8% |
| ETR ENTERGY CORP | Utilities | 67.1K | $7.5M | 0.5% | +0.9% |
| BIPC BROOKFIELD INFRASTRUCTURE-A | Utilities | 190.8K | $7.5M | 0.5% | -0.6% |
| HASI HA SUSTAINABLE INFRASTRUCTUR | Financials | 179.4K | $6.6M | 0.5% | -2.0% |
| NOC NORTHROP GRUMMAN CORP | Technology | 7.2K | $4.9M | 0.3% | -3.4% |
| FSLR FIRST SOLAR INC | Technology | 20.4K | $4.0M | 0.3% | -84.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.1K | $3.1M | 0.2% | +13.7% |
| MA MASTERCARD INC - A | Services media | 5.9K | $2.9M | 0.2% | +0.8% |
| TRV TRAVELERS COS INC/THE | Financials | 8.8K | $2.6M | 0.2% | +0.4% |
| TT TRANE TECHNOLOGIES PLC | Technology | 6.0K | $2.5M | 0.2% | -0.8% |
| AMAT APPLIED MATERIALS INC | Technology | 7.1K | $2.4M | 0.2% | -4.2% |
| AMAL AMALGAMATED FINANCIAL CORP | Financials | 48.7K | $1.9M | 0.1% | -1.5% |
| JPM JPMORGAN CHASE & CO | Financials | 5.7K | $1.7M | 0.1% | +25.1% |
| MRK MERCK & CO. INC. | Healthcare | 13.3K | $1.6M | 0.1% | +5.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.9K | $1.6M | 0.1% | +27.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 460 | $1.45B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 433 | $1.55B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 613 | $1.54B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 400 | $1.37B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 429 | $1.26B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 425 | $1.41B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 318 | $1.35B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 315 | $1.26B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 326 | $1.22B | canonical | SEC ↗ |
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