BENJAMIN EDWARDS INC

Diversified mechanical Mechanical CIK 1451623
League rank
#215
in Diversified mechanical · #6374 overall
Long book
$10.06B
Q1 2026
Positions
1350
Top-10 weight
14%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

BENJAMIN EDWARDS INC is a mechanically diversified allocator, running a $10.06B US long book across 1350 positions.

The portfolio is broadly diversified across 1350 positions (top 10 only 14%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, STE STR SPDR PT DW EU ETF, MICROSOFT CORP, SS SPDR P MORT BACK BOND ETF, SS SPDR P S&P 500 GROWTH ETF.

Over the last 9 quarters its long book ran on average 1.4pp 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
+2.2%
Q2 2024
+7.4%
Q3 2024
-0.6%
Q4 2024
-0.0%
Q1 2025
+5.6%
Q2 2025
+5.1%
Q3 2025
+0.6%
Q4 2025
-0.7%
Q1 2026
+8.1%

Sector allocation

Technology
27%
Consumer discretionary
14%
Industrials
10%
Financials
9%
Utilities
9%
Healthcare
9%
Services media
6%
Other
5%

Long book by quarter

$503.2M
Q1 2024
$519.7M
Q2 2024
$6.87B
Q3 2024
$6.99B
Q4 2024
$7.16B
Q1 2025
$7.85B
Q2 2025
$8.85B
Q3 2025
$9.03B
Q4 2025
$10.06B
Q1 2026

What does BENJAMIN EDWARDS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology957.2K$242.9M2.4%-0.7%
MSFT MICROSOFT CORPTechnology405.6K$150.2M1.5%+3.0%
NVDA NVIDIA CORPTechnology639.6K$111.6M1.1%+0.5%
XOM EXXON MOBIL CORPEnergy585.0K$99.3M1.0%-4.7%
CASY CASEY'S GENERAL STORES INCConsumer discretionary126.1K$91.8M0.9%-3.5%
APH AMPHENOL CORP-CL ATechnology701.1K$88.6M0.9%+0.5%
COST COSTCO WHOLESALE CORPConsumer discretionary86.0K$85.7M0.9%-2.4%
WMT WALMART INCConsumer discretionary668.7K$83.1M0.8%-0.4%
AVGO BROADCOM INCTechnology261.7K$81.0M0.8%+5.1%
ABBV ABBVIE INCHealthcare338.9K$73.7M0.7%-0.5%
MCD MCDONALD'S CORPConsumer discretionary222.0K$69.0M0.7%-3.8%
WEC WEC ENERGY GROUP INCUtilities584.5K$67.7M0.7%-2.4%
HD HOME DEPOT INCConsumer discretionary199.0K$65.5M0.7%+0.3%
AMZN AMAZON.COM INCConsumer discretionary302.4K$63.0M0.6%+1.3%
GOOGL ALPHABET INC-CL ATechnology218.5K$62.8M0.6%+5.4%
ATO ATMOS ENERGY CORPUtilities339.3K$62.7M0.6%-3.7%
VZ VERIZON COMMUNICATIONS INCCommunications1.2M$62.2M0.6%-0.7%
SNA SNAP-ON INCIndustrials167.7K$60.9M0.6%-4.7%
MA MASTERCARD INC - AServices media121.2K$60.6M0.6%-1.3%
CTVA CORTEVA INCConsumer staples701.5K$58.7M0.6%-2.8%
TXN TEXAS INSTRUMENTS INCTechnology289.0K$56.1M0.6%-1.0%
PG PROCTER & GAMBLE CO/THEOther382.5K$55.3M0.5%+1.4%
RSG REPUBLIC SERVICES INCUtilities247.1K$54.1M0.5%-4.1%
WSO WATSCO INCConsumer discretionary141.9K$51.6M0.5%-2.2%
SYK STRYKER CORPHealthcare156.9K$51.6M0.5%-2.2%
CME CME GROUP INCFinancials164.0K$48.5M0.5%+28.4%
TMUS T-MOBILE US INCCommunications223.1K$46.9M0.5%+1.9%
JPM JPMORGAN CHASE & COFinancials158.2K$46.6M0.5%+5.2%
ADP AUTOMATIC DATA PROCESSINGTechnology226.8K$46.1M0.5%-1.4%
ACN ACCENTURE PLC-CL AServices media214.3K$42.5M0.4%+4.1%
QCOM QUALCOMM INCTechnology328.7K$42.3M0.4%-0.6%
AWK AMERICAN WATER WORKS CO INCUtilities309.6K$42.1M0.4%-3.0%
META META PLATFORMS INC-CLASS ATechnology72.5K$41.5M0.4%+10.7%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary126.4K$40.5M0.4%-3.8%
GOOG ALPHABET INC-CL CTechnology140.3K$40.2M0.4%+1.8%
ITW ILLINOIS TOOL WORKSIndustrials153.2K$39.9M0.4%-19.9%
EOG EOG RESOURCES INCEnergy274.1K$39.6M0.4%-2.3%
MSI MOTOROLA SOLUTIONS INCTechnology90.5K$39.3M0.4%-2.7%
SPGI S&P GLOBAL INCServices media91.9K$39.1M0.4%-3.2%
TRI4EUR THOMSON REUTERS CORP432.0K$38.9M0.4%+48.1%
NDAQ NASDAQ INCFinancials456.1K$38.7M0.4%-4.0%
ECL ECOLAB INCOther142.8K$38.0M0.4%+407.9%
ABT ABBOTT LABORATORIESHealthcare358.6K$36.8M0.4%+0.9%
V VISA INC-CLASS A SHARESServices media121.0K$36.6M0.4%+3.5%
FAST FASTENAL COConsumer discretionary783.4K$36.3M0.4%-21.9%
VRSK VERISK ANALYTICS INCTechnology191.6K$36.3M0.4%+36.6%
TSCO TRACTOR SUPPLY COMPANYConsumer discretionary795.9K$36.1M0.4%-3.3%
NEE NEXTERA ENERGY INCUtilities386.8K$35.9M0.4%+1.5%
AJG ARTHUR J GALLAGHER & COFinancials157.3K$34.1M0.3%-3.0%
INTU INTUIT INCTechnology77.9K$33.7M0.3%+7.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 20261955$10.06B canonicalSEC ↗
Q4 202513F-HRFeb 2, 20261919$9.04B canonicalSEC ↗
Q3 202513F-HROct 23, 20251926$8.85B canonicalSEC ↗
Q2 202513F-HRAug 14, 20251697$7.85B canonicalSEC ↗
Q1 202513F-HRMay 12, 20251601$7.16B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251708$6.99B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241684$6.87B canonicalSEC ↗
Q2 202413F-HRAug 12, 2024722$519.7M $K fixed canonicalSEC ↗
Q1 202413F-HRApr 29, 2024716$503.2M $K fixed canonicalSEC ↗