Bonfire Financial
Long book
$132.9M
Q1 2026
Positions
57
Top-10 weight
64%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsBonfire Financial is a wealth-management firm allocating client money, running a $132.9M US long book across 57 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: WISDOMTREE FLOATING RATE TRE, SS TECHNOLOGY SELECT SECTOR, VANGUARD GROWTH ETF, BERKSHIRE HATHAWAY INC-CL B, SS FINANCIAL SELECT SECTOR.
Over the last 6 quarters its long book ran on average 1.1pp 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
-1.7%
Q1 2025
+7.1%
Q2 2025
+5.7%
Q3 2025
+0.9%
Q4 2025
-2.7%
Q1 2026
+11.5%
Sector allocation
Financials 52%
Technology 27%
Consumer discretionary 15%
Industrials 2%
Energy 2%
Healthcare 2%
Long book by quarter
What does Bonfire Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.0K | $7.2M | 5.4% | +5.5% |
| AAPL APPLE INC | Technology | 8.8K | $2.2M | 1.7% | +0.7% |
| KR KROGER CO | Consumer discretionary | 21.0K | $1.5M | 1.1% | Held |
| MSFT MICROSOFT CORP | Technology | 3.3K | $1.2M | 0.9% | +6.2% |
| MSTR STRATEGY INC | Financials | 4.2K | $525K | 0.4% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.0K | $426K | 0.3% | +5.4% |
| WMT WALMART INC | Consumer discretionary | 3.3K | $411K | 0.3% | +2.6% |
| TSLA TESLA INC | Industrials | 945 | $351K | 0.3% | -0.2% |
| XOM EXXON MOBIL CORP | Energy | 2.0K | $334K | 0.3% | -17.8% |
| CNC CENTENE CORP | Financials | 8.1K | $265K | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 897 | $264K | 0.2% | +3.6% |
| GOOG ALPHABET INC-CL C | Technology | 903 | $259K | 0.2% | Held |
| AVGO BROADCOM INC | Technology | 816 | $253K | 0.2% | +2.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.0K | $252K | 0.2% | +0.6% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.5K | $223K | 0.2% | -14.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 57 | $132.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 58 | $133.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 56 | $130.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 53 | $121.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 49 | $108.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 51 | $110.5M | canonical | SEC ↗ |