Canopy Partners, LLC

Other Low signal CIK 1960860
League rank
#674
in Other · #2330 overall
Long book
$291.5M
Q1 2026
Positions
245
Top-10 weight
37%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

Canopy Partners, LLC is an institutional manager, running a $291.5M US long book across 245 positions.

The portfolio is moderately concentrated (top 10 ≈ 37% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, VANGUARD TOTAL STOCK MKT ETF, SS SPDR S&P 500 ETF TRUST-US, DIMENSIONAL US CORE EQUITY M, ISHARES CORE MSCI EAFE ETF.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.3%
Q2 2024
+5.7%
Q3 2024
+0.8%
Q4 2024
-3.2%
Q1 2025
+9.6%
Q2 2025
+7.4%
Q3 2025
+3.0%
Q4 2025
-3.2%
Q1 2026
+13.5%

Sector allocation

Technology
40%
Financials
14%
Consumer discretionary
12%
Industrials
10%
Healthcare
9%
Services media
5%
Energy
3%
Other
2%

Long book by quarter

$204.6M
Q1 2024
$215.3M
Q2 2024
$232.3M
Q3 2024
$262.0M
Q4 2024
$256.6M
Q1 2025
$272.6M
Q2 2025
$299.3M
Q3 2025
$307.0M
Q4 2025
$291.5M
Q1 2026

What does Canopy Partners, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology53.7K$13.6M4.7%-0.2%
GOOGL ALPHABET INC-CL ATechnology35.1K$10.1M3.5%-0.9%
NVDA NVIDIA CORPTechnology55.7K$9.7M3.3%-0.6%
MSFT MICROSOFT CORPTechnology25.2K$9.3M3.2%+0.7%
AMZN AMAZON.COM INCConsumer discretionary38.8K$8.1M2.8%+3.3%
META META PLATFORMS INC-CLASS ATechnology8.4K$4.8M1.6%+0.6%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials6$4.3M1.5%Held
JPM JPMORGAN CHASE & COFinancials14.1K$4.2M1.4%-3.8%
WMT WALMART INCConsumer discretionary31.2K$3.9M1.3%-2.1%
AVGO BROADCOM INCTechnology10.9K$3.4M1.2%-0.5%
GOOG ALPHABET INC-CL CTechnology11.6K$3.3M1.1%-7.3%
JNJ JOHNSON & JOHNSONHealthcare13.1K$3.2M1.1%-2.8%
V VISA INC-CLASS A SHARESServices media8.2K$2.5M0.9%+0.3%
CAT CATERPILLAR INCIndustrials3.5K$2.5M0.8%-2.0%
MA MASTERCARD INC - AServices media4.9K$2.4M0.8%-1.0%
COST COSTCO WHOLESALE CORPConsumer discretionary2.4K$2.4M0.8%-3.0%
TSLA TESLA INCIndustrials5.4K$2.0M0.7%-1.3%
KR KROGER COConsumer discretionary27.5K$2.0M0.7%-36.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.0K$1.9M0.7%+0.3%
AXP AMERICAN EXPRESS COFinancials6.2K$1.9M0.6%+0.1%
BAC BANK OF AMERICA CORPFinancials34.6K$1.7M0.6%-1.9%
MRK MERCK & CO. INC.Healthcare13.6K$1.6M0.6%-0.4%
LLY ELI LILLY & COHealthcare1.8K$1.6M0.6%-2.2%
AMGN AMGEN INCHealthcare4.6K$1.6M0.6%+0.2%
ADP AUTOMATIC DATA PROCESSINGTechnology7.9K$1.6M0.5%-5.7%
MPC MARATHON PETROLEUM CORPEnergy6.4K$1.6M0.5%-2.4%
PNC PNC FINANCIAL SERVICES GROUPFinancials7.1K$1.5M0.5%-2.2%
SCHW SCHWAB (CHARLES) CORPFinancials15.5K$1.5M0.5%-2.4%
CVX CHEVRON CORPEnergy6.9K$1.4M0.5%+0.1%
BLK BLACKROCK INCFinancials1.5K$1.4M0.5%+4.1%
CSCO CISCO SYSTEMS INCTechnology16.9K$1.3M0.5%+0.3%
ETN EATON CORP PLCIndustrials3.5K$1.3M0.4%+2.2%
NOW SERVICENOW INCTechnology11.5K$1.2M0.4%+2.4%
SBUX STARBUCKS CORPConsumer discretionary13.2K$1.2M0.4%+3.8%
ABBV ABBVIE INCHealthcare5.4K$1.2M0.4%+0.5%
ASML ASML HOLDING NV-NY REG SHSIndustrials879$1.2M0.4%-1.7%
CRM SALESFORCE INCTechnology6.2K$1.1M0.4%-3.0%
ABT ABBOTT LABORATORIESHealthcare10.6K$1.1M0.4%-23.4%
APH AMPHENOL CORP-CL ATechnology8.4K$1.1M0.4%-15.5%
NFLX NETFLIX INCServices media10.9K$1.0M0.4%-5.1%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples18.0K$1.0M0.4%+0.5%
NEE NEXTERA ENERGY INCUtilities11.2K$1.0M0.4%-8.3%
XOM EXXON MOBIL CORPEnergy6.0K$1.0M0.4%+2.7%
PFE PFIZER INCHealthcare36.0K$1.0M0.3%+3.0%
UNH UNITEDHEALTH GROUP INCFinancials3.7K$998K0.3%-2.7%
CB CHUBB LTDFinancials2.9K$959K0.3%-0.4%
AMAT APPLIED MATERIALS INCTechnology2.8K$945K0.3%+0.3%
PEP PEPSICO INCConsumer staples6.1K$942K0.3%-4.6%
PG PROCTER & GAMBLE CO/THEOther6.4K$930K0.3%-1.9%
COP CONOCOPHILLIPSEnergy7.0K$930K0.3%+3.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 2026245$291.5M canonicalSEC ↗
Q4 202513F-HRFeb 12, 2026253$307.0M canonicalSEC ↗
Q3 202513F-HROct 30, 2025235$299.3M canonicalSEC ↗
Q2 202513F-HRJul 23, 2025227$272.6M canonicalSEC ↗
Q1 202513F-HRMay 7, 2025217$256.6M canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025213$262.0M canonicalSEC ↗
Q3 202413F-HRNov 12, 2024210$232.3M canonicalSEC ↗
Q2 202413F-HRAug 9, 2024198$215.3M canonicalSEC ↗
Q1 202413F-HRMay 15, 2024200$204.6M canonicalSEC ↗