B & T Capital Management DBA Alpha Capital Management
Long book
$689.9M
Q1 2026
Positions
115
Top-10 weight
41%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsB & T Capital Management DBA Alpha Capital Management is an institutional manager, running a $689.9M US long book across 115 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL BOND MARKET, INVESCO QQQ TRUST SERIES 1, VANGUARD INT DIV APP INDX FD, VANGUARD REAL ESTATE ETF, SCHWAB US LARGE-CAP ETF.
Over the last 9 quarters its long book ran on average 0.4pp 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
+1.0%
Q2 2024
+7.3%
Q3 2024
+3.2%
Q4 2024
-4.5%
Q1 2025
+11.2%
Q2 2025
+7.8%
Q3 2025
+0.9%
Q4 2025
-1.9%
Q1 2026
+12.2%
Sector allocation
Technology 29%
Financials 13%
Consumer discretionary 13%
Industrials 12%
Services media 8%
Energy 8%
Healthcare 7%
Utilities 4%
Long book by quarter
What does B & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 53.6K | $13.6M | 2.0% | -1.3% |
| NVDA NVIDIA CORP | Technology | 69.0K | $12.0M | 1.7% | +30.4% |
| GOOGL ALPHABET INC-CL A | Technology | 41.6K | $12.0M | 1.7% | -8.1% |
| PWR QUANTA SERVICES INC | Industrials | 20.6K | $11.3M | 1.6% | -19.5% |
| JPM JPMORGAN CHASE & CO | Financials | 37.2K | $10.9M | 1.6% | -1.4% |
| NEE NEXTERA ENERGY INC | Utilities | 109.5K | $10.2M | 1.5% | -2.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 48.8K | $10.2M | 1.5% | +4.2% |
| XOM EXXON MOBIL CORP | Energy | 57.4K | $9.7M | 1.4% | -3.8% |
| AVGO BROADCOM INC | Technology | 30.7K | $9.5M | 1.4% | -4.8% |
| BX BLACKSTONE INC | Financials | 75.5K | $8.7M | 1.3% | +27.8% |
| KKR KKR & CO INC | Financials | 93.5K | $8.6M | 1.3% | +29.0% |
| META META PLATFORMS INC-CLASS A | Technology | 14.8K | $8.4M | 1.2% | +6.5% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 37.2K | $8.4M | 1.2% | +0.6% |
| AESI ATLAS ENERGY SOLUTIONS INC | Energy | 633.0K | $8.3M | 1.2% | -16.5% |
| MELI MERCADOLIBRE INC | Services media | 4.7K | $8.1M | 1.2% | +7.7% |
| MSFT MICROSOFT CORP | Technology | 19.7K | $7.3M | 1.1% | +9.7% |
| WMT WALMART INC | Consumer discretionary | 58.1K | $7.2M | 1.0% | -4.0% |
| FAST FASTENAL CO | Consumer discretionary | 135.9K | $6.3M | 0.9% | +0.7% |
| WSM WILLIAMS-SONOMA INC | Consumer discretionary | 34.3K | $6.3M | 0.9% | -2.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 10.2K | $6.2M | 0.9% | -1.7% |
| ABBV ABBVIE INC | Healthcare | 28.2K | $6.1M | 0.9% | +0.2% |
| CVX CHEVRON CORP | Energy | 28.8K | $6.0M | 0.9% | -0.3% |
| MRK MERCK & CO. INC. | Healthcare | 49.5K | $6.0M | 0.9% | -1.6% |
| CAT CATERPILLAR INC | Industrials | 8.2K | $5.8M | 0.8% | -35.2% |
| VMC VULCAN MATERIALS CO | Materials | 20.9K | $5.7M | 0.8% | +1.0% |
| SNOW SNOWFLAKE INC | Technology | 37.6K | $5.7M | 0.8% | -3.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 37.6K | $5.5M | 0.8% | -1.8% |
| AMGN AMGEN INC | Healthcare | 15.6K | $5.5M | 0.8% | -0.2% |
| BLK BLACKROCK INC | Financials | 5.6K | $5.4M | 0.8% | +2.0% |
| V VISA INC-CLASS A SHARES | Services media | 17.6K | $5.3M | 0.8% | +4.0% |
| PEP PEPSICO INC | Consumer staples | 34.1K | $5.3M | 0.8% | +1.0% |
| DIS WALT DISNEY CO/THE | Services media | 53.6K | $5.2M | 0.7% | New |
| PH PARKER HANNIFIN CORP | Industrials | 5.7K | $5.1M | 0.7% | -29.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 19.9K | $4.8M | 0.7% | +2.9% |
| HD HOME DEPOT INC | Consumer discretionary | 14.6K | $4.8M | 0.7% | +2.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 52.8K | $4.7M | 0.7% | +5.6% |
| ORCL ORACLE CORP | Technology | 31.1K | $4.6M | 0.7% | +7.0% |
| MSCI MSCI INC | Services media | 8.5K | $4.6M | 0.7% | +3.8% |
| GS GOLDMAN SACHS GROUP INC | Financials | 5.4K | $4.5M | 0.7% | -7.9% |
| SOFI SOFI TECHNOLOGIES INC | Financials | 272.5K | $4.3M | 0.6% | -16.1% |
| KVUE KENVUE INC | Other | 247.2K | $4.3M | 0.6% | +5.3% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 4.8K | $3.7M | 0.5% | -10.5% |
| PANW PALO ALTO NETWORKS INC | Technology | 22.2K | $3.6M | 0.5% | +1.2% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 5.9K | $3.5M | 0.5% | +0.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.3K | $3.3M | 0.5% | +0.6% |
| EOG EOG RESOURCES INC | Energy | 22.4K | $3.2M | 0.5% | -0.1% |
| SHOP SHOPIFY INC - CLASS A | Technology | 27.1K | $3.2M | 0.5% | -2.4% |
| EME EMCOR GROUP INC | Industrials | 4.3K | $3.2M | 0.5% | New |
| ECL ECOLAB INC | Other | 11.9K | $3.2M | 0.5% | -0.6% |
| CEG CONSTELLATION ENERGY | Utilities | 11.3K | $3.1M | 0.5% | -1.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 115 | $689.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 116 | $709.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 117 | $630.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 112 | $580.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 115 | $526.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 114 | $545.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 112 | $532.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 115 | $513.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 116 | $512.6M | canonical | SEC ↗ |
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