Concorde Asset Management, LLC

Wealth advisor Mechanical CIK 1631773
League rank
#535
in Wealth advisor · #2564 overall
Long book
$204.0M
Q1 2026
Positions
207
Top-10 weight
30%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Concorde Asset Management, LLC is a wealth-management firm allocating client money, running a $204.0M US long book across 207 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, INVESCO QQQ TRUST SERIES 1, INVESCO S&P 500 MOMENTUM ETF, SS SPDR S&P 500 ETF TRUST-US, FT VEST LAD BUFFERVETF-USD I.

Over the last 8 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 of 8 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
+3.5%
Q2 2024
+5.6%
Q3 2024
+1.7%
Q4 2024
-4.3%
Q1 2025
+7.8%
Q3 2025
+1.1%
Q4 2025
-2.5%
Q1 2026
+13.1%

Sector allocation

Technology
42%
Industrials
9%
Financials
8%
Utilities
8%
Healthcare
7%
Energy
6%
Consumer discretionary
6%
Other
6%

Long book by quarter

$146.2M
Q1 2024
$162.2M
Q2 2024
$177.2M
Q3 2024
$191.8M
Q4 2024
$185.8M
Q1 2025
$239.1M
Q3 2025
$250.0M
Q4 2025
$204.0M
Q1 2026

What does Concorde Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology28.5K$5.0M2.4%-25.3%
AAPL APPLE INCTechnology12.0K$3.0M1.5%-21.3%
FTS FORTIS INCUtilities29.0K$1.6M0.8%Held
VRT VERTIV HOLDINGS CO-ATechnology6.3K$1.6M0.8%-50.6%
MSFT MICROSOFT CORPTechnology3.6K$1.3M0.6%-36.8%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology9.0K$1.3M0.6%-56.7%
XOM EXXON MOBIL CORPEnergy5.8K$984K0.5%-5.1%
PSEC PROSPECT CAPITAL CORP360.0K$956K0.5%+18.3%
AMZN AMAZON.COM INCConsumer discretionary4.4K$920K0.5%-37.3%
TSLA TESLA INCIndustrials2.4K$892K0.4%-32.3%
CVX CHEVRON CORPEnergy4.1K$839K0.4%-10.4%
JPM JPMORGAN CHASE & COFinancials2.6K$774K0.4%-17.7%
JNJ JOHNSON & JOHNSONHealthcare3.1K$755K0.4%-18.9%
GOOGL ALPHABET INC-CL ATechnology2.6K$739K0.4%-38.6%
ALHC ALIGNMENT HEALTHCARE INCFinancials38.1K$671K0.3%Held
MPTI M-TRON INDUSTRIES INCTechnology10.0K$666K0.3%-50.2%
FSK FS KKR CAPITAL CORP62.9K$642K0.3%+1.0%
AVGO BROADCOM INCTechnology2.1K$641K0.3%-20.5%
NFLX NETFLIX INCServices media6.2K$593K0.3%-39.9%
LLY ELI LILLY & COHealthcare635$584K0.3%-28.7%
SN SHARKNINJA INCIndustrials5.4K$568K0.3%-54.7%
ABBV ABBVIE INCHealthcare2.6K$557K0.3%-7.2%
COST COSTCO WHOLESALE CORPConsumer discretionary558$556K0.3%-32.2%
TJX TJX COMPANIES INCConsumer discretionary3.3K$520K0.3%-2.5%
CAT CATERPILLAR INCIndustrials685$485K0.2%-19.4%
ANET ARISTA NETWORKS INCTechnology3.6K$443K0.2%-46.5%
BE BLOOM ENERGY CORP- AIndustrials3.2K$436K0.2%+6.0%
UBER UBER TECHNOLOGIES INCServices media6.0K$433K0.2%-51.7%
MO ALTRIA GROUP INCConsumer staples6.4K$430K0.2%+8.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRJun 1, 2026207$204.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026241$250.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025225$239.1M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025176$185.8M canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025182$191.8M canonicalSEC ↗
Q3 202413F-HRNov 12, 2024206$177.2M canonicalSEC ↗
Q2 202413F-HRAug 12, 2024165$162.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 2024138$146.2M canonicalSEC ↗