Balance Wealth, LLC
Long book
$322.1M
Q1 2026
Positions
149
Top-10 weight
47%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsBalance Wealth, LLC is a wealth-management firm allocating client money, running a $322.1M US long book across 149 positions.
The portfolio is moderately concentrated (top 10 ≈ 47% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: INVESCO QQQ TRUST SERIES 1, VANGUARD S&P 500 ETF, JPMORGAN EQUITY FOCUS ETF, VANGUARD CORE-PLUS BOND ETF, SS HEALTH CARE SELECT SECTOR.
Over the last 5 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 of 5 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 2025
+8.5%
Q2 2025
+6.1%
Q3 2025
+3.0%
Q4 2025
-2.9%
Q1 2026
+11.7%
Sector allocation
Technology 34%
Financials 25%
Healthcare 16%
Consumer discretionary 9%
Industrials 6%
Utilities 3%
Other 2%
Energy 2%
Long book by quarter
What does Balance Wealth, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WFC WELLS FARGO & CO | Financials | 60.0K | $4.8M | 1.5% | -0.2% |
| MSFT MICROSOFT CORP | Technology | 8.3K | $3.1M | 1.0% | +1.8% |
| AAPL APPLE INC | Technology | 10.9K | $2.8M | 0.9% | +22.1% |
| JPM JPMORGAN CHASE & CO | Financials | 7.3K | $2.2M | 0.7% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 8.4K | $1.8M | 0.5% | +26.2% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 3.8K | $1.7M | 0.5% | +1.0% |
| GOOG ALPHABET INC-CL C | Technology | 6.0K | $1.7M | 0.5% | +7.7% |
| ENSG ENSIGN GROUP INC/THE | Healthcare | 8.1K | $1.6M | 0.5% | +0.1% |
| TSLA TESLA INC | Industrials | 3.2K | $1.2M | 0.4% | +14.8% |
| NVDA NVIDIA CORP | Technology | 6.7K | $1.2M | 0.4% | +5.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.5K | $715K | 0.2% | +1.6% |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $671K | 0.2% | +17.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.2K | $542K | 0.2% | +13.8% |
| VRT VERTIV HOLDINGS CO-A | Technology | 2.1K | $539K | 0.2% | +2.9% |
| WMT WALMART INC | Consumer discretionary | 4.3K | $537K | 0.2% | +37.3% |
| PNTG PENNANT GROUP INC/THE | Healthcare | 16.2K | $493K | 0.2% | +0.3% |
| VST VISTRA CORP | Utilities | 3.2K | $478K | 0.1% | +0.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.4K | $440K | 0.1% | +3.7% |
| WMS ADVANCED DRAINAGE SYSTEMS IN | Other | 3.2K | $433K | 0.1% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 5.5K | $430K | 0.1% | +0.7% |
| XOM EXXON MOBIL CORP | Energy | 2.5K | $427K | 0.1% | +8.9% |