Capital Advantage, Inc.
Long book
$765.0M
Q1 2026
Positions
145
Top-10 weight
55%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsCapital Advantage, Inc. is a wealth-management firm allocating client money, running a $765.0M US long book across 145 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD INT-TERM CORPORATE, CAP GROUP US MULTI-SECT BOND, SCHWAB FNDMN INTL LRG CO ETF, VANGUARD INT HIGH DVD YLD IN, VANGUARD INT DIV APP INDX FD.
Over the last 9 quarters its long book ran on average 0.9pp 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
+0.4%
Q2 2024
+7.1%
Q3 2024
-2.6%
Q4 2024
+0.7%
Q1 2025
+6.9%
Q2 2025
+5.2%
Q3 2025
+3.6%
Q4 2025
+0.3%
Q1 2026
+10.2%
Sector allocation
Technology 58%
Energy 9%
Industrials 8%
Consumer discretionary 7%
Financials 7%
Healthcare 5%
Services media 2%
Consumer staples 1%
Long book by quarter
What does Capital Advantage, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 53.5K | $13.6M | 1.8% | +0.4% |
| MSFT MICROSOFT CORP | Technology | 16.2K | $6.0M | 0.8% | -0.3% |
| TWLO TWILIO INC - A | Technology | 46.5K | $5.8M | 0.8% | Held |
| AMD ADVANCED MICRO DEVICES | Technology | 24.5K | $5.0M | 0.7% | -4.9% |
| CVX CHEVRON CORP | Energy | 19.9K | $4.1M | 0.5% | -16.1% |
| EXTR EXTREME NETWORKS INC | Technology | 238.8K | $3.6M | 0.5% | Held |
| NOC NORTHROP GRUMMAN CORP | Technology | 5.2K | $3.5M | 0.5% | -0.1% |
| NVDA NVIDIA CORP | Technology | 14.9K | $2.6M | 0.3% | -1.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 12.0K | $2.5M | 0.3% | -1.2% |
| XOM EXXON MOBIL CORP | Energy | 14.5K | $2.5M | 0.3% | -3.0% |
| WDAY WORKDAY INC-CLASS A | Technology | 14.2K | $1.8M | 0.2% | Held |
| CAT CATERPILLAR INC | Industrials | 2.3K | $1.6M | 0.2% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 18.9K | $1.5M | 0.2% | -0.4% |
| META META PLATFORMS INC-CLASS A | Technology | 2.5K | $1.4M | 0.2% | +2.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.2% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.3K | $1.3M | 0.2% | -0.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.3K | $1.3M | 0.2% | +6.5% |
| RTX RTX CORP | Industrials | 5.7K | $1.1M | 0.1% | -0.1% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 11.7K | $1.1M | 0.1% | -0.3% |
| GOOGL ALPHABET INC-CL A | Technology | 3.7K | $1.1M | 0.1% | +8.5% |
| ETN EATON CORP PLC | Industrials | 3.0K | $1.1M | 0.1% | -0.9% |
| AMGN AMGEN INC | Healthcare | 2.9K | $1.0M | 0.1% | -1.4% |
| V VISA INC-CLASS A SHARES | Services media | 3.4K | $1.0M | 0.1% | +1.3% |
| MRK MERCK & CO. INC. | Healthcare | 8.2K | $983K | 0.1% | -3.5% |
| GOOG ALPHABET INC-CL C | Technology | 3.4K | $978K | 0.1% | -1.4% |
| JPM JPMORGAN CHASE & CO | Financials | 3.3K | $963K | 0.1% | +2.6% |
| ALV AUTOLIV INC | Industrials | 8.3K | $873K | 0.1% | Held |
| WMT WALMART INC | Consumer discretionary | 6.0K | $744K | 0.1% | -0.1% |
| AMAT APPLIED MATERIALS INC | Technology | 2.2K | $743K | 0.1% | -3.1% |
| WFC WELLS FARGO & CO | Financials | 8.9K | $705K | 0.1% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 2.0K | $642K | 0.1% | -5.3% |
| AXP AMERICAN EXPRESS CO | Financials | 2.0K | $619K | 0.1% | +1.7% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 3.0K | $602K | 0.1% | -0.1% |
| SOFI SOFI TECHNOLOGIES INC | Financials | 35.5K | $564K | 0.1% | +11.2% |
| BA BOEING CO/THE | Industrials | 2.8K | $562K | 0.1% | Held |
| PEP PEPSICO INC | Consumer staples | 3.4K | $529K | 0.1% | -1.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.7K | $521K | 0.1% | -4.4% |
| ABT ABBOTT LABORATORIES | Healthcare | 5.1K | $519K | 0.1% | -0.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 10.1K | $505K | 0.1% | -5.9% |
| LLY ELI LILLY & CO | Healthcare | 533 | $490K | 0.1% | +5.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.4K | $484K | 0.1% | -1.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 145 | $765.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 7, 2026 | 149 | $741.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 138 | $665.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 139 | $631.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 135 | $548.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 135 | $548.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 49 | $521.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 12, 2024 | 48 | $487.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 48 | $492.5M | canonical | SEC ↗ |