Cannon Financial Strategists, Inc.

Wealth advisor Mechanical CIK 2031123
League rank
#1748
in Wealth advisor · #4706 overall
Long book
$760.8M
Q1 2026
Positions
109
Top-10 weight
76%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Cannon Financial Strategists, Inc. is a wealth-management firm allocating client money, running a $760.8M US long book across 109 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL INTERNATIONAL CO, SS SPDR S&P 600 SC VAL ETF, AVANTIS US LARGE CAP VALUE, SS SPDR P S&P 500 GROWTH ETF, VANGUARD INTERMEDIATE-TERM B.

Over the last 9 quarters its long book ran on average 0.6pp 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
+1.1%
Q2 2024
+6.7%
Q3 2024
-0.9%
Q4 2024
-1.4%
Q1 2025
+8.3%
Q2 2025
+7.1%
Q3 2025
+3.2%
Q4 2025
+0.7%
Q1 2026
+10.5%

Sector allocation

Consumer staples
19%
Healthcare
16%
Technology
13%
Utilities
13%
Financials
11%
Consumer discretionary
10%
Other
6%
Energy
6%

Long book by quarter

$508.6M
Q1 2024
$524.4M
Q2 2024
$572.1M
Q3 2024
$583.3M
Q4 2024
$582.5M
Q1 2025
$633.1M
Q2 2025
$698.8M
Q3 2025
$719.3M
Q4 2025
$760.8M
Q1 2026

What does Cannon Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
KO COCA-COLA CO/THEConsumer staples55.2K$4.2M0.6%-4.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.8K$2.3M0.3%+11.5%
SO SOUTHERN CO/THEUtilities18.4K$1.8M0.2%+23.7%
HD HOME DEPOT INCConsumer discretionary3.8K$1.2M0.2%-6.6%
AAPL APPLE INCTechnology4.5K$1.1M0.1%-40.0%
XOM EXXON MOBIL CORPEnergy6.6K$1.1M0.1%+33.2%
PG PROCTER & GAMBLE CO/THEOther7.5K$1.1M0.1%-0.4%
WMT WALMART INCConsumer discretionary7.6K$943K0.1%+8.9%
MSFT MICROSOFT CORPTechnology2.5K$939K0.1%+5.4%
ABBV ABBVIE INCHealthcare4.2K$906K0.1%+0.7%
DUK DUKE ENERGY CORPUtilities6.9K$900K0.1%+0.5%
RYTM RHYTHM PHARMACEUTICALS INCHealthcare10.0K$870K0.1%Held
JNJ JOHNSON & JOHNSONHealthcare2.8K$673K0.1%+2.5%
KMI KINDER MORGAN INCUtilities15.2K$509K0.1%+31.4%
MRK MERCK & CO. INC.Healthcare4.2K$504K0.1%+1.8%
CVX CHEVRON CORPEnergy2.3K$477K0.1%+74.2%
JPM JPMORGAN CHASE & COFinancials1.6K$474K0.1%+3.3%
ROK ROCKWELL AUTOMATION INCOther1.3K$455K0.1%Held
ABT ABBOTT LABORATORIESHealthcare4.4K$448K0.1%0.0%
GOOG ALPHABET INC-CL CTechnology1.6K$447K0.1%-1.9%
AMGN AMGEN INCHealthcare1.2K$431K0.1%-39.4%
AER AERCAP HOLDINGS NVServices media3.0K$412K0.1%Held
HSY HERSHEY CO/THEConsumer staples1.8K$367K0.0%+0.3%
LLY ELI LILLY & COHealthcare356$328K0.0%+2.3%
GIS GENERAL MILLS INCConsumer staples8.8K$326K0.0%-0.6%
NVDA NVIDIA CORPTechnology1.8K$314K0.0%+15.7%
IBM INTL BUSINESS MACHINES CORPTechnology1.2K$297K0.0%+0.5%
COST COSTCO WHOLESALE CORPConsumer discretionary277$276K0.0%+6.9%
TXN TEXAS INSTRUMENTS INCTechnology1.4K$265K0.0%-0.3%
T AT&T INCCommunications8.6K$250K0.0%Held
WPM WHEATON PRECIOUS METALS CORPMaterials1.9K$248K0.0%New
UPS UNITED PARCEL SERVICE-CL BIndustrials2.5K$246K0.0%Held
LOW LOWE'S COS INCConsumer discretionary980$232K0.0%+3.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 2026109$760.8M canonicalSEC ↗
Q4 202513F-HRFeb 4, 2026100$719.3M canonicalSEC ↗
Q3 202513F-HRNov 6, 2025104$698.8M canonicalSEC ↗
Q2 202513F-HRAug 6, 2025100$633.1M canonicalSEC ↗
Q1 202513F-HRMay 5, 202596$582.5M canonicalSEC ↗
Q4 202413F-HRFeb 3, 202596$583.3M canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTOct 21, 202498$572.1M canonicalSEC ↗
Q3 202413F-HROct 18, 202490$466.9M SEC ↗
Q2 202413F-HRSep 10, 202492$524.4M canonicalSEC ↗
Q1 202413F-HROct 1, 202494$508.6M canonicalSEC ↗