Breakwater Capital Group
Long book
$746.8M
Q1 2026
Positions
373
Top-10 weight
26%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsBreakwater Capital Group is a wealth-management firm allocating client money, running a $746.8M US long book across 373 positions.
The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: JPMORGAN US QUALITY FACTOR, VANGUARD MEGA CAP VALUE ETF, APPLE INC, INVESCO RAFI US 1000 ETF, ISHARES RUSSELL 1000 GROWTH.
Over the last 9 quarters its long book ran on average 0.8pp 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
+1.7%
Q2 2024
+6.7%
Q3 2024
-0.8%
Q4 2024
-1.7%
Q1 2025
+7.4%
Q2 2025
+6.7%
Q3 2025
+2.4%
Q4 2025
-0.7%
Q1 2026
+11.5%
Sector allocation
Technology 40%
Financials 13%
Industrials 12%
Healthcare 9%
Consumer discretionary 9%
Energy 4%
Utilities 4%
Services media 3%
Long book by quarter
What does Breakwater Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 88.1K | $22.4M | 3.0% | +5.4% |
| MSFT MICROSOFT CORP | Technology | 28.7K | $10.6M | 1.4% | +34.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 30.1K | $6.3M | 0.8% | +3.6% |
| NVDA NVIDIA CORP | Technology | 30.8K | $5.4M | 0.7% | +1.2% |
| TT TRANE TECHNOLOGIES PLC | Technology | 12.6K | $5.3M | 0.7% | -1.0% |
| GOOG ALPHABET INC-CL C | Technology | 16.8K | $4.8M | 0.6% | +0.2% |
| ORCL ORACLE CORP | Technology | 32.0K | $4.7M | 0.6% | +14.8% |
| XOM EXXON MOBIL CORP | Energy | 27.3K | $4.6M | 0.6% | +5.1% |
| JPM JPMORGAN CHASE & CO | Financials | 14.0K | $4.1M | 0.5% | +0.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 7.6K | $3.7M | 0.5% | +0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 9.8K | $2.8M | 0.4% | +0.7% |
| LLY ELI LILLY & CO | Healthcare | 2.7K | $2.5M | 0.3% | -0.4% |
| GD GENERAL DYNAMICS CORP | Industrials | 6.8K | $2.3M | 0.3% | Held |
| GE GENERAL ELECTRIC | Industrials | 7.6K | $2.2M | 0.3% | +0.1% |
| META META PLATFORMS INC-CLASS A | Technology | 3.4K | $2.0M | 0.3% | +6.3% |
| C CITIGROUP INC | Financials | 17.2K | $2.0M | 0.3% | +1.0% |
| BAC BANK OF AMERICA CORP | Financials | 39.9K | $1.9M | 0.3% | -0.1% |
| PFE PFIZER INC | Healthcare | 68.1K | $1.9M | 0.3% | -3.3% |
| WMT WALMART INC | Consumer discretionary | 15.4K | $1.9M | 0.3% | +0.3% |
| HD HOME DEPOT INC | Consumer discretionary | 5.4K | $1.8M | 0.2% | +0.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 373 | $746.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 9, 2026 | 352 | $716.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 352 | $677.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 9, 2025 | 340 | $613.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 326 | $561.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 284 | $502.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 4, 2024 | 286 | $496.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 276 | $440.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 260 | $397.7M | canonical | SEC ↗ |