BWM Planning, LLC
Long book
$379.1M
Q1 2026
Positions
87
Top-10 weight
59%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsBWM Planning, LLC is a wealth-management firm allocating client money, running a $379.1M US long book across 87 positions.
The portfolio is concentrated: the top 10 names carry 59% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, AVANTIS US SMALL CAP VALUE, AVANTIS ALL INTL MKTS EQ ETF, AVANTIS INTERNATIONAL EQUITY, DIMENSIONAL INTERNATIONAL CO.
Over the last 7 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 of 7 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
Q3 2024
-1.3%
Q4 2024
-0.5%
Q1 2025
+6.5%
Q2 2025
+7.7%
Q3 2025
+3.8%
Q4 2025
+2.8%
Q1 2026
+9.3%
Sector allocation
Technology 33%
Energy 24%
Financials 23%
Healthcare 6%
Other 4%
Industrials 3%
Utilities 3%
Consumer discretionary 3%
Long book by quarter
What does BWM Planning, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 49.0K | $12.4M | 3.3% | -1.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 11.8K | $5.6M | 1.5% | +13.2% |
| WFC WELLS FARGO & CO | Financials | 61.3K | $4.9M | 1.3% | -0.1% |
| XOM EXXON MOBIL CORP | Energy | 24.7K | $4.2M | 1.1% | -51.1% |
| CVX CHEVRON CORP | Energy | 15.6K | $3.2M | 0.8% | -17.3% |
| CTRA COTERRA ENERGY INC | — | 52.5K | $1.8M | 0.5% | Held |
| PSX PHILLIPS 66 | Energy | 9.5K | $1.7M | 0.5% | +19.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.4K | $1.6M | 0.4% | -0.8% |
| JPM JPMORGAN CHASE & CO | Financials | 4.9K | $1.4M | 0.4% | -1.9% |
| HD HOME DEPOT INC | Consumer discretionary | 4.2K | $1.4M | 0.4% | +0.7% |
| HP HELMERICH & PAYNE | Energy | 35.2K | $1.3M | 0.3% | -3.2% |
| AVGO BROADCOM INC | Technology | 3.9K | $1.2M | 0.3% | -1.0% |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 28.3K | $1.2M | 0.3% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.2K | $1.1M | 0.3% | -1.7% |
| CLB CORE LABORATORIES INC | Energy | 65.0K | $1.1M | 0.3% | Held |
| MSFT MICROSOFT CORP | Technology | 2.4K | $891K | 0.2% | +0.2% |
| INTC INTEL CORP | Technology | 17.3K | $763K | 0.2% | 0.0% |
| TSLA TESLA INC | Industrials | 1.8K | $652K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 3.3K | $570K | 0.2% | +1.1% |
| HAL HALLIBURTON CO | Energy | 14.3K | $558K | 0.1% | 0.0% |
| PEP PEPSICO INC | Consumer staples | 3.5K | $545K | 0.1% | -11.9% |
| COP CONOCOPHILLIPS | Energy | 3.8K | $499K | 0.1% | +5.0% |
| GOOG ALPHABET INC-CL C | Technology | 1.7K | $495K | 0.1% | -0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 1.4K | $388K | 0.1% | Held |
| ETN EATON CORP PLC | Industrials | 982 | $351K | 0.1% | +0.1% |
| MAIN MAIN STREET CAPITAL CORP | — | 6.1K | $322K | 0.1% | New |
| ET ENERGY TRANSFER LP | Utilities | 13.3K | $257K | 0.1% | +1.7% |
| META META PLATFORMS INC-CLASS A | Technology | 440 | $252K | 0.1% | -9.3% |
| DE DEERE & CO | Industrials | 445 | $251K | 0.1% | Held |
| T AT&T INC | Communications | 8.0K | $233K | 0.1% | New |
| XPO XPO INC | Industrials | 1.1K | $215K | 0.1% | New |
| GILD GILEAD SCIENCES INC | Healthcare | 1.5K | $209K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 118 | $379.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 14, 2026 | 127 | $374.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 119 | $336.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 105 | $290.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 93 | $236.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 76 | $229.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 76 | $225.4M | canonical | SEC ↗ |