Belpointe Asset Management LLC
Long book
$2.74B
Q1 2026
Positions
1066
Top-10 weight
22%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
28%
of book per quarter
Strategy in plain words
auto-generated from filingsBelpointe Asset Management LLC is a wealth-management firm allocating client money, running a $2.74B US long book across 1066 positions.
The portfolio is broadly diversified across 1066 positions (top 10 only 22%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, INVESCO QQQ TRUST SERIES 1, APPLE INC, NVIDIA CORP, PL GROWTH AND INCOME ETF.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 3 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
+3.6%
Q2 2024
+6.5%
Q3 2024
+1.1%
Q4 2024
-2.2%
Q1 2025
+8.9%
Q2 2025
+5.7%
Q3 2025
+0.6%
Q4 2025
-3.9%
Q1 2026
+10.7%
Sector allocation
Technology 38%
Financials 11%
Industrials 11%
Consumer discretionary 10%
Healthcare 6%
Utilities 6%
Services media 5%
Energy 4%
Long book by quarter
What does Belpointe Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 258.6K | $65.6M | 2.4% | +2.7% |
| NVDA NVIDIA CORP | Technology | 371.6K | $64.8M | 2.4% | -1.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 176.3K | $36.7M | 1.3% | +24.9% |
| MSFT MICROSOFT CORP | Technology | 97.6K | $36.1M | 1.3% | +14.3% |
| BMI BADGER METER INC | Technology | 179.0K | $27.3M | 1.0% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 80.1K | $23.0M | 0.8% | +21.3% |
| META META PLATFORMS INC-CLASS A | Technology | 34.9K | $19.9M | 0.7% | -6.7% |
| TSLA TESLA INC | Industrials | 48.7K | $18.1M | 0.7% | -6.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 35.5K | $17.0M | 0.6% | +4.5% |
| GOOG ALPHABET INC-CL C | Technology | 48.8K | $14.0M | 0.5% | +0.8% |
| JPM JPMORGAN CHASE & CO | Financials | 44.3K | $13.0M | 0.5% | +7.4% |
| GE GENERAL ELECTRIC | Industrials | 45.1K | $12.8M | 0.5% | 0.0% |
| OZ BELPOINTE PREP LLC- CLASS A | Real estate | 226.5K | $12.0M | 0.4% | +3.3% |
| NFLX NETFLIX INC | Services media | 120.8K | $11.6M | 0.4% | +12.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 11.6K | $11.6M | 0.4% | +37.3% |
| XOM EXXON MOBIL CORP | Energy | 62.5K | $10.6M | 0.4% | +4.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 67.9K | $9.9M | 0.4% | -11.0% |
| ABBV ABBVIE INC | Healthcare | 43.4K | $9.4M | 0.3% | +22.1% |
| V VISA INC-CLASS A SHARES | Services media | 27.7K | $8.4M | 0.3% | +27.9% |
| NEE NEXTERA ENERGY INC | Utilities | 80.4K | $7.5M | 0.3% | +44.1% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 122.8K | $7.4M | 0.3% | +2.6% |
| CVX CHEVRON CORP | Energy | 35.9K | $7.4M | 0.3% | +22.4% |
| AVGO BROADCOM INC | Technology | 23.9K | $7.4M | 0.3% | -12.9% |
| PH PARKER HANNIFIN CORP | Industrials | 8.2K | $7.4M | 0.3% | +7.3% |
| WM WASTE MANAGEMENT INC | Utilities | 31.1K | $7.1M | 0.3% | +30.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 48.6K | $7.0M | 0.3% | +87.7% |
| WMT WALMART INC | Consumer discretionary | 53.8K | $6.7M | 0.2% | -4.8% |
| MU MICRON TECHNOLOGY INC | Technology | 19.3K | $6.5M | 0.2% | +2.1% |
| AEE AMEREN CORPORATION | Utilities | 54.9K | $6.0M | 0.2% | +1.4% |
| MCD MCDONALD'S CORP | Consumer discretionary | 19.1K | $5.9M | 0.2% | +8.5% |
| LLY ELI LILLY & CO | Healthcare | 6.3K | $5.8M | 0.2% | -30.4% |
| KLAC KLA CORP | Other | 3.8K | $5.6M | 0.2% | +164.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 97.1K | $4.9M | 0.2% | -11.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 28, 2026 | 1066 | $2.74B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 1019 | $2.77B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 982 | $2.62B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 935 | $2.40B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 20, 2025 | 914 | $1.92B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 849 | $1.66B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 928 | $1.67B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 783 | $1.43B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 783 | $1.34B | canonical | SEC ↗ |