BRAVE ASSET MANAGEMENT INC

Wealth advisor Mechanical CIK 1085867
League rank
#605
in Wealth advisor · #2711 overall
Long book
$420.8M
Q1 2026
Positions
156
Top-10 weight
61%
concentration
Last quarter
+12.9%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

BRAVE ASSET MANAGEMENT INC is a wealth-management firm allocating client money, running a $420.8M US long book across 156 positions.

The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES MSCI EAFE VALUE ETF, ISHARES CORE U.S. AGGREGATE, SS TECHNOLOGY SELECT SECTOR, APPLE INC, ZIFF DAVIS INC.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 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
+2.6%
Q2 2024
+4.0%
Q3 2024
+1.0%
Q4 2024
-4.1%
Q1 2025
+8.3%
Q2 2025
+9.5%
Q3 2025
+4.1%
Q4 2025
-1.8%
Q1 2026
+12.9%

Sector allocation

Technology
38%
Financials
21%
Communications
12%
Industrials
7%
Consumer discretionary
7%
Healthcare
6%
Energy
3%
Services media
2%

Long book by quarter

$385.2M
Q1 2024
$392.5M
Q2 2024
$402.6M
Q3 2024
$314.5M
Q4 2024
$318.1M
Q1 2025
$367.3M
Q2 2025
$409.4M
Q3 2025
$423.9M
Q4 2025
$420.8M
Q1 2026

What does BRAVE ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology87.0K$22.1M5.2%+0.4%
ZD ZIFF DAVIS INCCommunications470.3K$19.7M4.7%+11.9%
GOOG ALPHABET INC-CL CTechnology62.3K$17.9M4.2%-4.0%
MSFT MICROSOFT CORPTechnology40.0K$14.8M3.5%+1.9%
JPM JPMORGAN CHASE & COFinancials48.2K$14.2M3.4%+0.8%
AMZN AMAZON.COM INCConsumer discretionary44.5K$9.3M2.2%+0.2%
AXP AMERICAN EXPRESS COFinancials16.1K$4.9M1.2%Held
GLW CORNING INCIndustrials34.3K$4.7M1.1%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials8.3K$4.0M0.9%+2.7%
GOOGL ALPHABET INC-CL ATechnology12.6K$3.6M0.9%+2.8%
NOC NORTHROP GRUMMAN CORPTechnology3.7K$2.5M0.6%+3.2%
JNJ JOHNSON & JOHNSONHealthcare9.4K$2.3M0.5%-1.2%
NVDA NVIDIA CORPTechnology12.7K$2.2M0.5%+6.6%
WTM WHITE MOUNTAINS INSURANCE GPFinancials924$2.0M0.5%Held
IBM INTL BUSINESS MACHINES CORPTechnology7.2K$1.8M0.4%Held
MRK MERCK & CO. INC.Healthcare14.2K$1.7M0.4%+3.1%
VZ VERIZON COMMUNICATIONS INCCommunications33.2K$1.7M0.4%+25.1%
ALL ALLSTATE CORPFinancials7.9K$1.6M0.4%Held
GS GOLDMAN SACHS GROUP INCFinancials1.9K$1.6M0.4%+1.2%
KO COCA-COLA CO/THEConsumer staples21.1K$1.6M0.4%-0.8%
LLY ELI LILLY & COHealthcare1.7K$1.6M0.4%Held
CSCO CISCO SYSTEMS INCTechnology19.0K$1.5M0.3%-0.9%
BX BLACKSTONE INCFinancials12.4K$1.4M0.3%Held
BAC BANK OF AMERICA CORPFinancials27.0K$1.3M0.3%Held
YUM YUM! BRANDS INCConsumer discretionary8.4K$1.3M0.3%Held
AMGN AMGEN INCHealthcare3.5K$1.2M0.3%+3.7%
XOM EXXON MOBIL CORPEnergy7.2K$1.2M0.3%+5.1%
PG PROCTER & GAMBLE CO/THEOther7.3K$1.0M0.2%-1.4%
T AT&T INCCommunications33.9K$983K0.2%Held
CVX CHEVRON CORPEnergy4.7K$974K0.2%+7.8%
MMM 3M COHealthcare6.5K$943K0.2%Held
CSX CSX CORPIndustrials22.6K$929K0.2%Held
HON HONEYWELL INTERNATIONAL INCIndustrials4.1K$922K0.2%+5.2%
C CITIGROUP INCFinancials8.0K$910K0.2%Held
VLO VALERO ENERGY CORPEnergy3.6K$878K0.2%Held
NFLX NETFLIX INCServices media9.1K$877K0.2%+71.1%
APO APOLLO GLOBAL MANAGEMENT INCFinancials7.8K$867K0.2%Held
CRSP CRISPR THERAPEUTICS AGHealthcare18.0K$858K0.2%Held
HD HOME DEPOT INCConsumer discretionary2.6K$849K0.2%+5.6%
MA MASTERCARD INC - AServices media1.7K$849K0.2%-1.4%
MKL MARKEL GROUP INCFinancials439$840K0.2%Held
LOW LOWE'S COS INCConsumer discretionary3.4K$814K0.2%Held
TRV TRAVELERS COS INC/THEFinancials2.7K$790K0.2%Held
KMI KINDER MORGAN INCUtilities23.5K$788K0.2%Held
COP CONOCOPHILLIPSEnergy5.8K$772K0.2%Held
NEM NEWMONT CORPMaterials6.9K$747K0.2%Held
TXN TEXAS INSTRUMENTS INCTechnology3.8K$742K0.2%-0.5%
MET METLIFE INCFinancials9.8K$697K0.2%Held
CRS CARPENTER TECHNOLOGYIndustrials1.8K$694K0.2%Held
DE DEERE & COIndustrials1.2K$692K0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 17, 2026161$426.7M canonicalSEC ↗
Q4 202513F-HRJan 8, 2026168$424.8M canonicalSEC ↗
Q3 202513F-HROct 21, 2025172$413.1M canonicalSEC ↗
Q2 202513F-HRJul 16, 2025169$370.9M canonicalSEC ↗
Q1 202513F-HRApr 10, 2025167$320.7M canonicalSEC ↗
Q4 202413F-HRJan 14, 2025165$315.1M canonicalSEC ↗
Q3 202413F-HROct 10, 2024170$411.9M canonicalSEC ↗
Q2 202413F-HRJul 15, 2024159$392.6M canonicalSEC ↗
Q1 202413F-HRApr 30, 2024166$385.3M canonicalSEC ↗