Cannon Wealth Management Services, LLC
Long book
$147.8M
Q1 2026
Positions
85
Top-10 weight
49%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsCannon Wealth Management Services, LLC is a wealth-management firm allocating client money, running a $147.8M US long book across 85 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: STE STR SPDR PT S&P 500 ETF, JPMORGAN CORE PLUS BOND ETF, SS SPDR P S&P 500 VALUE ETF, CAP GROUP CORE EQUITY, CAP GROUP CORE BOND.
Over the last 7 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 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
+0.8%
Q4 2024
-1.3%
Q1 2025
+6.5%
Q2 2025
+6.2%
Q3 2025
+2.1%
Q4 2025
-1.6%
Q1 2026
+8.9%
Sector allocation
Technology 35%
Industrials 13%
Utilities 13%
Consumer discretionary 10%
Energy 6%
Consumer staples 5%
Financials 5%
Healthcare 5%
Long book by quarter
What does Cannon Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 14.1K | $3.6M | 2.4% | +0.8% |
| DUK DUKE ENERGY CORP | Utilities | 19.9K | $2.6M | 1.8% | +1.4% |
| MSFT MICROSOFT CORP | Technology | 4.7K | $1.7M | 1.2% | +0.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 8.1K | $1.7M | 1.1% | +4.4% |
| NVDA NVIDIA CORP | Technology | 8.6K | $1.5M | 1.0% | +1.8% |
| TSLA TESLA INC | Industrials | 3.7K | $1.4M | 0.9% | -12.3% |
| GOOGL ALPHABET INC-CL A | Technology | 3.7K | $1.1M | 0.7% | +6.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.8K | $925K | 0.6% | -0.5% |
| ENB ENBRIDGE INC | Energy | 14.5K | $782K | 0.5% | -2.4% |
| XOM EXXON MOBIL CORP | Energy | 4.1K | $703K | 0.5% | -2.8% |
| KO COCA-COLA CO/THE | Consumer staples | 7.9K | $600K | 0.4% | -4.5% |
| CAT CATERPILLAR INC | Industrials | 765 | $542K | 0.4% | -4.7% |
| GOOG ALPHABET INC-CL C | Technology | 1.6K | $465K | 0.3% | +2.2% |
| FDX FEDEX CORP | Industrials | 1.3K | $463K | 0.3% | +56.7% |
| META META PLATFORMS INC-CLASS A | Technology | 804 | $460K | 0.3% | +2.2% |
| V VISA INC-CLASS A SHARES | Services media | 1.5K | $447K | 0.3% | -4.5% |
| T AT&T INC | Communications | 14.8K | $430K | 0.3% | -24.5% |
| AVGO BROADCOM INC | Technology | 1.4K | $428K | 0.3% | -2.9% |
| LOW LOWE'S COS INC | Consumer discretionary | 1.7K | $390K | 0.3% | +0.7% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 1.4K | $389K | 0.3% | -2.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 808 | $387K | 0.3% | +14.6% |
| SNDA SONIDA SENIOR LIVING INC | Healthcare | 11.9K | $384K | 0.3% | New |
| NRG NRG ENERGY INC | Utilities | 2.5K | $367K | 0.2% | +0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 1.2K | $346K | 0.2% | +2.2% |
| GE GENERAL ELECTRIC | Industrials | 1.2K | $337K | 0.2% | -0.7% |
| SO SOUTHERN CO/THE | Utilities | 3.4K | $333K | 0.2% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 2.3K | $327K | 0.2% | -0.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.0K | $323K | 0.2% | +1.2% |
| WMT WALMART INC | Consumer discretionary | 2.6K | $321K | 0.2% | -5.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 1.9K | $319K | 0.2% | +0.6% |
| WFC WELLS FARGO & CO | Financials | 3.7K | $297K | 0.2% | New |
| NFLX NETFLIX INC | Services media | 2.9K | $281K | 0.2% | -0.4% |
| URI UNITED RENTALS INC | Services media | 362 | $264K | 0.2% | +0.3% |
| CSCO CISCO SYSTEMS INC | Technology | 3.4K | $262K | 0.2% | +4.5% |
| WM WASTE MANAGEMENT INC | Utilities | 1.1K | $255K | 0.2% | -0.6% |
| PGR PROGRESSIVE CORP | Financials | 1.3K | $254K | 0.2% | +1.4% |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 1.3K | $251K | 0.2% | +0.4% |
| GEV GE VERNOVA INC | Industrials | 272 | $237K | 0.2% | New |
| PEP PEPSICO INC | Consumer staples | 1.5K | $233K | 0.2% | +1.6% |
| MO ALTRIA GROUP INC | Consumer staples | 3.3K | $215K | 0.1% | New |
| VLO VALERO ENERGY CORP | Energy | 865 | $214K | 0.1% | New |
| BRBS BLUE RIDGE BANKSHARES INC | Financials | 10.1K | $42K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 85 | $147.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 83 | $141.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 82 | $132.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 80 | $122.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 76 | $112.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 78 | $116.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 86 | $109.3M | canonical | SEC ↗ |