Brightwater Advisory LLC
Long book
$151.2M
Q1 2026
Positions
60
Top-10 weight
52%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsBrightwater Advisory LLC is a wealth-management firm allocating client money, running a $151.2M US long book across 60 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB INTL EQUITY ETF, SCHWAB U.S. TIPS ETF, SCHWAB US BROAD MARKET ETF, SS SPDR S&P 500 ETF TRUST-US, SCHWAB FNDMNTL US BRD MR ETF.
Over the last 9 quarters its long book ran on average 0.7pp 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
+0.7%
Q2 2024
+7.3%
Q3 2024
-1.5%
Q4 2024
-0.9%
Q1 2025
+6.8%
Q2 2025
+7.0%
Q3 2025
+2.8%
Q4 2025
+0.6%
Q1 2026
+11.0%
Sector allocation
Technology 46%
Financials 24%
Consumer discretionary 8%
Energy 7%
Healthcare 7%
Industrials 3%
Consumer staples 3%
Utilities 2%
Long book by quarter
What does Brightwater Advisory own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AFL AFLAC INC | Financials | 20.2K | $2.2M | 1.5% | Held |
| AAPL APPLE INC | Technology | 8.7K | $2.2M | 1.5% | -3.2% |
| MSFT MICROSOFT CORP | Technology | 2.7K | $994K | 0.7% | -5.2% |
| XOM EXXON MOBIL CORP | Energy | 5.6K | $957K | 0.6% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.7K | $894K | 0.6% | Held |
| NVDA NVIDIA CORP | Technology | 5.0K | $869K | 0.6% | Held |
| AVGO BROADCOM INC | Technology | 2.3K | $717K | 0.5% | New |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $661K | 0.4% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 2.1K | $605K | 0.4% | -2.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.8K | $586K | 0.4% | -7.2% |
| GOOG ALPHABET INC-CL C | Technology | 1.9K | $552K | 0.4% | -3.0% |
| HD HOME DEPOT INC | Consumer discretionary | 1.5K | $488K | 0.3% | +0.1% |
| CAT CATERPILLAR INC | Industrials | 613 | $434K | 0.3% | +0.2% |
| KO COCA-COLA CO/THE | Consumer staples | 5.1K | $389K | 0.3% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 802 | $384K | 0.3% | Held |
| AEE AMEREN CORPORATION | Utilities | 3.0K | $330K | 0.2% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 4.2K | $322K | 0.2% | -7.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 60 | $151.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 59 | $148.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 59 | $145.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 12, 2025 | 61 | $139.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 61 | $126.5M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 12, 2025 | 61 | $126.4M | SEC ↗ | |
| Q1 2025 | 13F-HR/ARESTATEMENT | May 12, 2025 | 61 | $126.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 58 | $127.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 61 | $135.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Sep 10, 2024 | 63 | $129.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Oct 3, 2024 | 57 | $124.5M | canonical | SEC ↗ |