BOKF, NA

Diversified mechanical Mechanical CIK 9634
League rank
#177
in Diversified mechanical · #3811 overall
Long book
$6.54B
Q1 2026
Positions
1028
Top-10 weight
33%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
21%
of book per quarter

Strategy in plain words

auto-generated from filings

BOKF, NA is a mechanically diversified allocator, running a $6.54B US long book across 1028 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES RUSSELL 1000 ETF, VANGUARD S&P 500 ETF, EXXON MOBIL CORP, APPLE INC, VANGUARD FTSE EMERGING MARKE.

Over the last 9 quarters its long book ran on average 0.5pp 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
+2.1%
Q2 2024
+6.2%
Q3 2024
+1.0%
Q4 2024
-3.2%
Q1 2025
+8.1%
Q2 2025
+7.5%
Q3 2025
+2.5%
Q4 2025
+0.2%
Q1 2026
+11.5%

Sector allocation

Technology
30%
Energy
14%
Financials
12%
Industrials
10%
Consumer discretionary
9%
Healthcare
8%
Utilities
6%
Services media
4%

Long book by quarter

$5.49B
Q1 2024
$5.57B
Q2 2024
$5.64B
Q3 2024
$5.92B
Q4 2024
$5.66B
Q1 2025
$6.17B
Q2 2025
$6.65B
Q3 2025
$6.53B
Q4 2025
$6.54B
Q1 2026

What does BOKF, NA own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
XOM EXXON MOBIL CORPEnergy1.8M$309.0M4.7%0.0%
AAPL APPLE INCTechnology773.2K$196.2M3.0%-2.0%
NVDA NVIDIA CORPTechnology918.7K$160.2M2.5%-0.7%
MSFT MICROSOFT CORPTechnology350.8K$129.8M2.0%-1.8%
AMZN AMAZON.COM INCConsumer discretionary424.6K$88.4M1.4%-1.9%
GOOG ALPHABET INC-CL CTechnology254.8K$73.1M1.1%-5.4%
AVGO BROADCOM INCTechnology227.1K$70.3M1.1%-10.7%
GOOGL ALPHABET INC-CL ATechnology243.4K$70.0M1.1%-4.0%
JPM JPMORGAN CHASE & COFinancials224.1K$65.9M1.0%-6.1%
WMT WALMART INCConsumer discretionary503.5K$62.6M1.0%-5.4%
AAON AAON INCIndustrials681.7K$56.4M0.9%0.0%
CVX CHEVRON CORPEnergy241.8K$50.0M0.8%+17.8%
LLY ELI LILLY & COHealthcare51.5K$47.4M0.7%-1.5%
ABBV ABBVIE INCHealthcare201.2K$43.8M0.7%-8.8%
META META PLATFORMS INC-CLASS ATechnology71.4K$40.9M0.6%+5.5%
PG PROCTER & GAMBLE CO/THEOther262.2K$37.9M0.6%+9.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials77.6K$37.2M0.6%-2.0%
JNJ JOHNSON & JOHNSONHealthcare146.4K$35.8M0.5%-5.6%
KO COCA-COLA CO/THEConsumer staples439.3K$33.4M0.5%-1.2%
OKE ONEOK INCUtilities361.8K$32.7M0.5%+2.1%
COP CONOCOPHILLIPSEnergy245.8K$32.4M0.5%+105.1%
CSCO CISCO SYSTEMS INCTechnology409.8K$31.8M0.5%-6.2%
V VISA INC-CLASS A SHARESServices media99.4K$30.0M0.5%-2.8%
MCD MCDONALD'S CORPConsumer discretionary95.5K$29.7M0.5%-7.0%
COST COSTCO WHOLESALE CORPConsumer discretionary28.4K$28.3M0.4%+6.9%
MA MASTERCARD INC - AServices media56.5K$28.2M0.4%+21.6%
GEV GE VERNOVA INCIndustrials31.4K$27.4M0.4%-14.0%
WMB WILLIAMS COS INCUtilities366.8K$26.7M0.4%+3.6%
AMAT APPLIED MATERIALS INCTechnology72.1K$24.7M0.4%-5.4%
AMGN AMGEN INCHealthcare69.1K$24.3M0.4%-0.5%
TSLA TESLA INCIndustrials61.4K$22.8M0.3%-1.3%
CAH CARDINAL HEALTH INCConsumer discretionary104.7K$22.1M0.3%-17.0%
DUK DUKE ENERGY CORPUtilities168.5K$22.1M0.3%-2.0%
GILD GILEAD SCIENCES INCHealthcare158.3K$22.1M0.3%+36.7%
CAT CATERPILLAR INCIndustrials28.8K$20.4M0.3%+3.2%
GD GENERAL DYNAMICS CORPIndustrials56.3K$19.3M0.3%-1.8%
PEP PEPSICO INCConsumer staples122.8K$19.1M0.3%-1.7%
MPC MARATHON PETROLEUM CORPEnergy76.9K$18.8M0.3%+39.0%
EMR EMERSON ELECTRIC COIndustrials139.3K$18.3M0.3%-2.3%
UNP UNION PACIFIC CORPIndustrials73.8K$17.9M0.3%-5.9%
HD HOME DEPOT INCConsumer discretionary53.6K$17.6M0.3%-26.4%
IBM INTL BUSINESS MACHINES CORPTechnology72.3K$17.5M0.3%-14.9%
FE FIRSTENERGY CORPUtilities333.7K$16.9M0.3%-3.4%
APA APA CORPEnergy397.8K$16.9M0.3%+9967.8%
MS MORGAN STANLEYFinancials101.2K$16.6M0.3%-4.0%
BKR BAKER HUGHES COIndustrials269.9K$16.5M0.3%-13.2%
SYF SYNCHRONY FINANCIALFinancials240.9K$16.4M0.3%-1.0%
BOKF BOK FINANCIAL CORPORATIONFinancials127.0K$16.3M0.2%-1.0%
GS GOLDMAN SACHS GROUP INCFinancials18.9K$16.0M0.2%-15.8%
MU MICRON TECHNOLOGY INCTechnology46.9K$15.9M0.2%-7.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 20261421$6.54B canonicalSEC ↗
Q4 202513F-HRFeb 3, 20261459$6.53B canonicalSEC ↗
Q3 202513F-HRNov 13, 20251489$6.65B canonicalSEC ↗
Q2 202513F-HRAug 12, 20251639$6.17B canonicalSEC ↗
Q1 202513F-HRMay 13, 20251762$5.66B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251675$5.92B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241846$5.64B canonicalSEC ↗
Q2 202413F-HRAug 8, 20241571$5.57B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241612$5.49B canonicalSEC ↗