BCO Wealth Management LLC
Long book
$166.5M
Q1 2026
Positions
42
Top-10 weight
90%
concentration
Last quarter
+8.3%
SPY +14.8%
Turnover
2%
of book per quarter
Strategy in plain words
auto-generated from filingsBCO Wealth Management LLC is a wealth-management firm allocating client money, running a $166.5M US long book across 42 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: DIMENSIONAL US CORE EQUITY 2, DIMENSIONAL US CORE EQ 1 ETF, DIMENSIONAL CORE FIXED INC, DIMENSIONAL INTERNATIONAL CO, DIMENSIONAL SHORT DURATION.
Over the last 6 quarters its long book ran on average 0.9pp 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
-0.4%
Q1 2025
+6.3%
Q2 2025
+5.5%
Q3 2025
+2.5%
Q4 2025
+0.2%
Q1 2026
+8.3%
Sector allocation
Financials 31%
Energy 24%
Technology 19%
Real estate 10%
Consumer discretionary 7%
Industrials 7%
Other 2%
Long book by quarter
What does BCO Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 1 | $718K | 0.4% | Held |
| COP CONOCOPHILLIPS | Energy | 3.9K | $519K | 0.3% | Held |
| NVDA NVIDIA CORP | Technology | 2.9K | $502K | 0.3% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.0K | $488K | 0.3% | Held |
| WTTR SELECT WATER SOLUTIONS INC | Energy | 26.5K | $406K | 0.2% | Held |
| CBRE CBRE GROUP INC - A | Real estate | 3.0K | $400K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.3K | $263K | 0.2% | Held |
| CAT CATERPILLAR INC | Industrials | 370 | $262K | 0.2% | Held |
| AAPL APPLE INC | Technology | 998 | $253K | 0.2% | Held |
| PFLT PENNANTPARK FLOATING RATE CA | — | 12.0K | $97K | 0.1% | +2.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 42 | $166.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 14, 2026 | 41 | $163.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 14, 2025 | 37 | $151.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 37 | $140.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 30 | $127.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 34 | $120.2M | canonical | SEC ↗ |