Boulay Financial Advisors, LLC
Long book
$871.3M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsBoulay Financial Advisors, LLC is a wealth-management firm allocating client money, running a $871.3M US long book across 5 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SCHWAB FNDMNTL US LRG CO ETF, VANECK MORNINGSTAR WIDE MOAT, ISHARES RUSSELL TOP 200 GROW, SCHWAB FNDMN INTL LRG CO ETF, COLUMBIA EM CORE EX-CHINA.
Over the last 5 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 of 5 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 2025
+5.6%
Q2 2025
+6.7%
Q3 2025
+2.9%
Q4 2025
-2.2%
Q1 2026
+13.0%
Sector allocation
No sector data
Long book by quarter
What does Boulay Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 5 | $871.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 5 | $850.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 14, 2025 | 4 | $712.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Oct 14, 2025 | 4 | $663.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 4 | $713.8M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 9, 2025 | 2 | $299.3M | canonical | SEC ↗ |