Baring Financial LLC
Long book
$163.5M
Q1 2026
Positions
72
Top-10 weight
47%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsBaring Financial LLC is a wealth-management firm allocating client money, running a $163.5M US long book across 72 positions.
The portfolio is moderately concentrated (top 10 ≈ 47% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, INVESCO NASDAQ 100 ETF, VANGUARD MEGA CAP GROWTH ETF, SCHWAB US LARGE-CAP VALUE, DIMENSIONAL INTERNATIONAL CO.
Over the last 6 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
-4.0%
Q1 2025
+8.4%
Q2 2025
+7.5%
Q3 2025
+0.8%
Q4 2025
-3.2%
Q1 2026
+11.2%
Sector allocation
Technology 33%
Industrials 20%
Financials 17%
Consumer discretionary 9%
Real estate 7%
Energy 5%
Healthcare 5%
Services media 2%
Long book by quarter
What does Baring Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 10.2K | $4.9M | 3.0% | +6.3% |
| MSFT MICROSOFT CORP | Technology | 10.3K | $3.8M | 2.3% | +8.5% |
| NVDA NVIDIA CORP | Technology | 16.4K | $2.9M | 1.8% | +20.7% |
| AAPL APPLE INC | Technology | 11.2K | $2.8M | 1.7% | +11.1% |
| AGNT AGNT INC | Real estate | 453.7K | $2.7M | 1.7% | -0.3% |
| CAT CATERPILLAR INC | Industrials | 2.8K | $2.0M | 1.2% | -0.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.8K | $1.7M | 1.0% | +1.0% |
| JPM JPMORGAN CHASE & CO | Financials | 5.6K | $1.6M | 1.0% | 0.0% |
| TSLA TESLA INC | Industrials | 4.4K | $1.6M | 1.0% | -2.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.2K | $1.5M | 0.9% | +7.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.2K | $1.5M | 0.9% | +25.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.5K | $1.5M | 0.9% | +2.0% |
| GOOGL ALPHABET INC-CL A | Technology | 4.7K | $1.4M | 0.8% | +9.6% |
| XOM EXXON MOBIL CORP | Energy | 5.7K | $963K | 0.6% | +2.0% |
| PSX PHILLIPS 66 | Energy | 5.2K | $950K | 0.6% | +0.9% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 596 | $787K | 0.5% | +2.4% |
| PCAR PACCAR INC | Industrials | 6.4K | $735K | 0.4% | +0.1% |
| META META PLATFORMS INC-CLASS A | Technology | 951 | $544K | 0.3% | +8.2% |
| DE DEERE & CO | Industrials | 924 | $520K | 0.3% | +0.3% |
| GOOG ALPHABET INC-CL C | Technology | 1.7K | $491K | 0.3% | -1.3% |
| WM WASTE MANAGEMENT INC | Utilities | 2.0K | $470K | 0.3% | +0.1% |
| V VISA INC-CLASS A SHARES | Services media | 1.5K | $459K | 0.3% | +13.7% |
| AVGO BROADCOM INC | Technology | 1.5K | $455K | 0.3% | +8.1% |
| NOC NORTHROP GRUMMAN CORP | Technology | 621 | $424K | 0.3% | +0.3% |
| LLY ELI LILLY & CO | Healthcare | 410 | $377K | 0.2% | +6.2% |
| WMT WALMART INC | Consumer discretionary | 3.0K | $375K | 0.2% | +5.1% |
| NFLX NETFLIX INC | Services media | 3.5K | $341K | 0.2% | +62.6% |
| MU MICRON TECHNOLOGY INC | Technology | 977 | $330K | 0.2% | +0.2% |
| RTX RTX CORP | Industrials | 1.7K | $322K | 0.2% | +3.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.2K | $314K | 0.2% | -22.0% |
| HD HOME DEPOT INC | Consumer discretionary | 735 | $242K | 0.1% | +3.8% |
| BAC BANK OF AMERICA CORP | Financials | 4.2K | $207K | 0.1% | New |
| BA BOEING CO/THE | Industrials | 1.0K | $206K | 0.1% | New |
| SO SOUTHERN CO/THE | Utilities | 2.1K | $206K | 0.1% | New |
| CMI CUMMINS INC | Industrials | 372 | $200K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 7, 2026 | 72 | $163.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 7, 2026 | 70 | $164.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 6, 2025 | 66 | $146.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 67 | $133.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 4, 2025 | 65 | $119.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 62 | $112.2M | canonical | SEC ↗ |