Balboa Wealth Partners
Long book
$594.9M
Q1 2026
Positions
414
Top-10 weight
35%
concentration
Last quarter
+17.6%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsBalboa Wealth Partners is an institutional manager, running a $594.9M US long book across 414 positions.
The portfolio is moderately concentrated (top 10 ≈ 35% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, TESLA INC, MICROSOFT CORP, FIRST TRUST ENH SHORT MAT FD, APPLE INC.
Over the last 9 quarters its long book ran on average 2.1pp per quarter ahead of the S&P 500, beating the index in 7 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
+7.8%
Q2 2024
+6.1%
Q3 2024
+8.4%
Q4 2024
-9.7%
Q1 2025
+16.5%
Q2 2025
+13.6%
Q3 2025
+2.6%
Q4 2025
-4.0%
Q1 2026
+17.6%
Sector allocation
Technology 49%
Industrials 21%
Consumer discretionary 8%
Financials 7%
Healthcare 4%
Services media 3%
Utilities 2%
Materials 2%
Long book by quarter
What does Balboa Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 258.9K | $45.2M | 7.6% | -2.3% |
| TSLA TESLA INC | Industrials | 120.7K | $44.9M | 7.5% | -0.3% |
| MSFT MICROSOFT CORP | Technology | 56.6K | $21.0M | 3.5% | +1.0% |
| AAPL APPLE INC | Technology | 70.6K | $17.9M | 3.0% | +1.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 82.7K | $16.8M | 2.8% | +1.6% |
| GOOG ALPHABET INC-CL C | Technology | 45.4K | $13.0M | 2.2% | -1.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 55.8K | $11.6M | 2.0% | -0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 17.8K | $10.2M | 1.7% | -0.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 14.7K | $7.0M | 1.2% | -2.4% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 44.7K | $6.5M | 1.1% | +5.8% |
| AVGO BROADCOM INC | Technology | 20.0K | $6.2M | 1.0% | -0.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.1K | $6.0M | 1.0% | -2.5% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 8 | $5.7M | 1.0% | Held |
| MU MICRON TECHNOLOGY INC | Technology | 16.8K | $5.7M | 1.0% | -20.6% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 13.8K | $5.6M | 0.9% | -8.5% |
| APP APPLOVIN CORP-CLASS A | Technology | 13.6K | $5.4M | 0.9% | +22.3% |
| GOOGL ALPHABET INC-CL A | Technology | 18.8K | $5.4M | 0.9% | -4.3% |
| DDS DILLARDS INC-CL A | Consumer discretionary | 9.4K | $5.4M | 0.9% | Held |
| VRT VERTIV HOLDINGS CO-A | Technology | 21.0K | $5.3M | 0.9% | -6.2% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 3.5K | $4.6M | 0.8% | -9.8% |
| JPM JPMORGAN CHASE & CO | Financials | 9.6K | $2.8M | 0.5% | -11.5% |
| NFLX NETFLIX INC | Services media | 29.3K | $2.8M | 0.5% | +9.9% |
| BA BOEING CO/THE | Industrials | 13.0K | $2.6M | 0.4% | +1.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 10.5K | $2.6M | 0.4% | +2.0% |
| MA MASTERCARD INC - A | Services media | 4.8K | $2.4M | 0.4% | -3.0% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.7K | $2.3M | 0.4% | -10.3% |
| ABBV ABBVIE INC | Healthcare | 9.5K | $2.1M | 0.3% | -3.5% |
| AXP AMERICAN EXPRESS CO | Financials | 6.3K | $1.9M | 0.3% | -12.1% |
| RTX RTX CORP | Industrials | 9.7K | $1.9M | 0.3% | +7.7% |
| XOM EXXON MOBIL CORP | Energy | 10.3K | $1.8M | 0.3% | -2.0% |
| DUK DUKE ENERGY CORP | Utilities | 13.1K | $1.7M | 0.3% | +21.4% |
| V VISA INC-CLASS A SHARES | Services media | 5.6K | $1.7M | 0.3% | -7.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 32.0K | $1.6M | 0.3% | +29.1% |
| ORCL ORACLE CORP | Technology | 10.7K | $1.6M | 0.3% | -6.1% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.5K | $1.5M | 0.3% | +51.8% |
| WMT WALMART INC | Consumer discretionary | 11.8K | $1.5M | 0.2% | +34.3% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 14.2K | $1.4M | 0.2% | +2.3% |
| LLY ELI LILLY & CO | Healthcare | 1.5K | $1.4M | 0.2% | +10.3% |
| GLW CORNING INC | Industrials | 10.3K | $1.4M | 0.2% | -6.9% |
| AER AERCAP HOLDINGS NV | Services media | 10.1K | $1.4M | 0.2% | -3.0% |
| CCJ CAMECO CORP | Materials | 12.3K | $1.3M | 0.2% | -5.6% |
| CVX CHEVRON CORP | Energy | 6.4K | $1.3M | 0.2% | +38.8% |
| NBIS NEBIUS GROUP NV | Technology | 12.6K | $1.3M | 0.2% | +18.9% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 3.3K | $1.3M | 0.2% | -2.3% |
| PH PARKER HANNIFIN CORP | Industrials | 1.4K | $1.3M | 0.2% | +5.2% |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 17.9K | $1.3M | 0.2% | +61.1% |
| B BARRICK MINING CORP | Materials | 29.5K | $1.2M | 0.2% | +15.5% |
| SCCO SOUTHERN COPPER CORP | Materials | 6.7K | $1.2M | 0.2% | -2.6% |
| HD HOME DEPOT INC | Consumer discretionary | 3.5K | $1.1M | 0.2% | +1.4% |
| T AT&T INC | Communications | 37.4K | $1.1M | 0.2% | +14.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 455 | $596.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 433 | $604.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 409 | $579.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 378 | $498.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 327 | $414.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 338 | $438.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 333 | $401.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 305 | $378.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 293 | $339.6M | canonical | SEC ↗ |
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