Concord Asset Management, LLC/VA
Long book
$591.8M
Q1 2026
Positions
117
Top-10 weight
45%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsConcord Asset Management, LLC/VA is a wealth-management firm allocating client money, running a $591.8M US long book across 117 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: STE STR SPDR PT DW EU ETF, SS SPDR P ST C CORP ETF, SS SPDR P INT TERM TSY ETF, SS SPDR P INT C CORP ETF, SS BLACKSTONE HIGH INC ETF.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 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
+2.4%
Q2 2024
+4.9%
Q3 2024
+0.5%
Q4 2024
-1.1%
Q1 2025
+7.6%
Q2 2025
+5.9%
Q3 2025
+2.8%
Q4 2025
-0.5%
Q1 2026
+9.3%
Sector allocation
Technology 35%
Financials 13%
Industrials 13%
Consumer discretionary 12%
Healthcare 7%
Energy 5%
Utilities 4%
Services media 3%
Long book by quarter
What does Concord Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 96.0K | $16.7M | 2.8% | +2.0% |
| AAPL APPLE INC | Technology | 61.4K | $15.6M | 2.6% | +5.8% |
| MSFT MICROSOFT CORP | Technology | 31.0K | $11.5M | 1.9% | +1.9% |
| AVGO BROADCOM INC | Technology | 31.9K | $9.9M | 1.7% | +5.0% |
| GOOGL ALPHABET INC-CL A | Technology | 30.0K | $8.6M | 1.5% | +4.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 40.3K | $8.4M | 1.4% | +2.6% |
| JPM JPMORGAN CHASE & CO | Financials | 27.6K | $8.1M | 1.4% | +3.9% |
| META META PLATFORMS INC-CLASS A | Technology | 11.6K | $6.7M | 1.1% | -3.0% |
| CAT CATERPILLAR INC | Industrials | 8.6K | $6.1M | 1.0% | +13.8% |
| LMT LOCKHEED MARTIN CORP | Industrials | 9.4K | $5.7M | 1.0% | +13.3% |
| XOM EXXON MOBIL CORP | Energy | 31.0K | $5.3M | 0.9% | -8.7% |
| KO COCA-COLA CO/THE | Consumer staples | 64.2K | $4.9M | 0.8% | +5.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 5.4K | $4.6M | 0.8% | -6.7% |
| COP CONOCOPHILLIPS | Energy | 34.6K | $4.6M | 0.8% | +8.0% |
| AMAT APPLIED MATERIALS INC | Technology | 13.3K | $4.6M | 0.8% | +3.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 18.1K | $4.4M | 0.7% | -0.2% |
| NEE NEXTERA ENERGY INC | Utilities | 46.9K | $4.4M | 0.7% | +2.6% |
| CVX CHEVRON CORP | Energy | 20.7K | $4.3M | 0.7% | +176.5% |
| UNP UNION PACIFIC CORP | Industrials | 17.1K | $4.1M | 0.7% | +19.3% |
| MS MORGAN STANLEY | Financials | 23.3K | $3.8M | 0.6% | -3.5% |
| SO SOUTHERN CO/THE | Utilities | 39.7K | $3.8M | 0.6% | +11.2% |
| STLD STEEL DYNAMICS INC | Industrials | 20.5K | $3.7M | 0.6% | +9.3% |
| LRCX LAM RESEARCH CORP | Industrials | 17.1K | $3.7M | 0.6% | +1.4% |
| HD HOME DEPOT INC | Consumer discretionary | 10.9K | $3.6M | 0.6% | +5.6% |
| ETN EATON CORP PLC | Industrials | 9.5K | $3.4M | 0.6% | +26.7% |
| TSLA TESLA INC | Industrials | 8.7K | $3.2M | 0.5% | +3.8% |
| MCK MCKESSON CORP | Consumer discretionary | 3.6K | $3.1M | 0.5% | -4.6% |
| WMT WALMART INC | Consumer discretionary | 25.1K | $3.1M | 0.5% | +0.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 21.6K | $3.1M | 0.5% | +17.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.1K | $3.1M | 0.5% | -3.5% |
| AMGN AMGEN INC | Healthcare | 8.7K | $3.1M | 0.5% | -4.1% |
| TFC TRUIST FINANCIAL CORP | Financials | 65.7K | $3.0M | 0.5% | Held |
| MA MASTERCARD INC - A | Services media | 5.9K | $2.9M | 0.5% | +6.8% |
| GWW WW GRAINGER INC | Consumer discretionary | 2.7K | $2.9M | 0.5% | +11.4% |
| CVS CVS HEALTH CORP | Healthcare | 39.6K | $2.8M | 0.5% | +7.7% |
| V VISA INC-CLASS A SHARES | Services media | 9.2K | $2.8M | 0.5% | +5.5% |
| LLY ELI LILLY & CO | Healthcare | 3.0K | $2.7M | 0.5% | -7.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 8.6K | $2.7M | 0.5% | +33.7% |
| CB CHUBB LTD | Financials | 8.2K | $2.7M | 0.4% | +2.7% |
| DIS WALT DISNEY CO/THE | Services media | 26.9K | $2.6M | 0.4% | +7.1% |
| CRM SALESFORCE INC | Technology | 13.1K | $2.4M | 0.4% | +24.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 15.0K | $2.4M | 0.4% | +3.5% |
| GOOG ALPHABET INC-CL C | Technology | 8.1K | $2.3M | 0.4% | +0.5% |
| TRV TRAVELERS COS INC/THE | Financials | 8.0K | $2.3M | 0.4% | +4.1% |
| INTU INTUIT INC | Technology | 5.2K | $2.2M | 0.4% | +41.5% |
| RTX RTX CORP | Industrials | 11.2K | $2.2M | 0.4% | New |
| KLAC KLA CORP | Other | 1.4K | $2.0M | 0.3% | -18.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 7.0K | $1.9M | 0.3% | +33.0% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 37.8K | $1.9M | 0.3% | +14.2% |
| CDNS CADENCE DESIGN SYS INC | Technology | 6.6K | $1.8M | 0.3% | +16.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 117 | $591.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 120 | $577.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 121 | $550.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 201 | $664.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 122 | $453.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 129 | $455.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 125 | $442.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Nov 7, 2024 | 131 | $403.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Nov 7, 2024 | 132 | $380.0M | canonical | SEC ↗ |