Balentine LLC
Long book
$2.48B
Q1 2026
Positions
219
Top-10 weight
83%
concentration
Last quarter
+11.1%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsBalentine LLC is a wealth-management firm allocating client money, running a $2.48B US long book across 219 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD VALUE ETF, INVESCO RUSSELL 1000 DYN M/F, ISHARES CORE U.S. AGGREGATE, ISHARES CORE MSCI EAFE ETF, ISHARES MSCI GL QUA FACT ETF.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 of 9 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 2024
+3.4%
Q2 2024
+3.9%
Q3 2024
+1.7%
Q4 2024
-3.2%
Q1 2025
+8.6%
Q2 2025
+6.0%
Q3 2025
+2.3%
Q4 2025
-3.3%
Q1 2026
+11.1%
Sector allocation
Technology 35%
Services media 28%
Financials 7%
Industrials 6%
Consumer discretionary 6%
Healthcare 6%
Energy 4%
Consumer staples 3%
Long book by quarter
What does Balentine LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| POWW OUTDOOR HOLDING CO | Services media | 17.2M | $34.7M | 1.4% | Held |
| AAPL APPLE INC | Technology | 69.3K | $17.6M | 0.7% | +0.2% |
| BKTI BK TECHNOLOGIES CORP | Technology | 89.2K | $6.7M | 0.3% | Held |
| NVDA NVIDIA CORP | Technology | 28.9K | $5.0M | 0.2% | -13.8% |
| MSFT MICROSOFT CORP | Technology | 11.1K | $4.1M | 0.2% | +0.3% |
| LLY ELI LILLY & CO | Healthcare | 4.1K | $3.8M | 0.2% | -4.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 18.0K | $3.8M | 0.2% | -4.3% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 5.9K | $2.8M | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 9.7K | $2.4M | 0.1% | +57.7% |
| JBI JANUS INTERNATIONAL GROUP IN | Industrials | 450.0K | $2.3M | 0.1% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 6.7K | $2.2M | 0.1% | -7.5% |
| GOOG ALPHABET INC-CL C | Technology | 7.3K | $2.1M | 0.1% | +1.2% |
| AVGO BROADCOM INC | Technology | 6.3K | $2.0M | 0.1% | -0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 3.3K | $1.9M | 0.1% | -0.4% |
| COP CONOCOPHILLIPS | Energy | 12.6K | $1.7M | 0.1% | -5.3% |
| KO COCA-COLA CO/THE | Consumer staples | 21.6K | $1.6M | 0.1% | -0.5% |
| XOM EXXON MOBIL CORP | Energy | 9.7K | $1.6M | 0.1% | -8.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 8.9K | $1.5M | 0.1% | -9.3% |
| CVX CHEVRON CORP | Energy | 6.4K | $1.3M | 0.1% | -7.9% |
| UNH UNITEDHEALTH GROUP INC | Financials | 4.8K | $1.3M | 0.1% | +4.3% |
| ABBV ABBVIE INC | Healthcare | 5.7K | $1.2M | 0.1% | -1.1% |
| WMT WALMART INC | Consumer discretionary | 8.0K | $994K | 0.0% | +2.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.7K | $974K | 0.0% | -4.5% |
| MELI MERCADOLIBRE INC | Services media | 535 | $925K | 0.0% | +99.6% |
| TSLA TESLA INC | Industrials | 2.4K | $903K | 0.0% | -15.4% |
| INTC INTEL CORP | Technology | 20.0K | $881K | 0.0% | +0.4% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 23.2K | $880K | 0.0% | Held |
| SO SOUTHERN CO/THE | Utilities | 8.9K | $856K | 0.0% | -0.8% |
| DHR DANAHER CORP | Technology | 4.5K | $855K | 0.0% | +5.4% |
| NFLX NETFLIX INC | Services media | 8.7K | $837K | 0.0% | +54.5% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 4.4K | $809K | 0.0% | -0.2% |
| PEP PEPSICO INC | Consumer staples | 5.2K | $809K | 0.0% | -1.5% |
| GOOGL ALPHABET INC-CL A | Technology | 2.8K | $794K | 0.0% | -9.9% |
| WDAY WORKDAY INC-CLASS A | Technology | 6.1K | $794K | 0.0% | +11.7% |
| INTU INTUIT INC | Technology | 1.8K | $763K | 0.0% | +166.9% |
| JPM JPMORGAN CHASE & CO | Financials | 2.6K | $761K | 0.0% | -9.3% |
| TJX TJX COMPANIES INC | Consumer discretionary | 4.7K | $758K | 0.0% | +1.5% |
| CMCSA COMCAST CORP-CLASS A | Communications | 25.9K | $743K | 0.0% | -8.6% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 1 | $718K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 24, 2026 | 219 | $2.48B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 224 | $2.64B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 234 | $2.71B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 203 | $2.57B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 199 | $2.39B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 181 | $2.46B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 221 | $2.54B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 189 | $2.20B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 589 | $3.35B | canonical | SEC ↗ |