Concorde Financial Corp
Long book
$127.3M
Q1 2026
Positions
26
Top-10 weight
59%
concentration
Last quarter
+9.5%
SPY -4.4%
Turnover
4%
of book per quarter
Strategy in plain words
auto-generated from filingsConcorde Financial Corp is a concentrated fundamental stock-picker, running a $127.3M US long book across 26 positions.
The portfolio is concentrated: the top 10 names carry 59% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: EXXON MOBIL CORP, OCCIDENTAL PETROLEUM CORP, JPMORGAN CHASE & CO, ENERGY TRANSFER LP, EXPAND ENERGY CORP.
Over the last 8 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 of 8 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.4%
Q2 2024
+8.2%
Q3 2024
+1.5%
Q4 2024
+5.5%
Q1 2025
-0.7%
Q2 2025
+7.7%
Q3 2025
+3.4%
Q4 2025
+9.5%
Sector allocation
Energy 28%
Financials 15%
Consumer discretionary 13%
Technology 12%
Healthcare 10%
Consumer staples 7%
Utilities 7%
Materials 3%
Long book by quarter
What does Concorde Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| XOM EXXON MOBIL CORP | Energy | 55.9K | $9.5M | 7.4% | 0.0% |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 138.2K | $9.0M | 7.1% | +1.8% |
| JPM JPMORGAN CHASE & CO | Financials | 29.4K | $8.7M | 6.8% | +1.2% |
| ET ENERGY TRANSFER LP | Utilities | 407.5K | $7.9M | 6.2% | +1.5% |
| EXE EXPAND ENERGY CORP | Energy | 69.8K | $7.7M | 6.0% | +1.6% |
| FANG DIAMONDBACK ENERGY INC | Energy | 36.1K | $7.1M | 5.6% | -0.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 26.4K | $6.5M | 5.1% | +1.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 40.2K | $6.4M | 5.0% | +3.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 29.0K | $6.0M | 4.7% | +1.7% |
| ABBV ABBVIE INC | Healthcare | 27.2K | $5.9M | 4.6% | -13.0% |
| CB CHUBB LTD | Financials | 17.8K | $5.8M | 4.6% | -0.8% |
| BG BUNGE GLOBAL SA | Consumer staples | 39.1K | $5.0M | 3.9% | -4.9% |
| MSFT MICROSOFT CORP | Technology | 12.3K | $4.6M | 3.6% | +1.9% |
| CSCO CISCO SYSTEMS INC | Technology | 50.7K | $3.9M | 3.1% | +2.1% |
| HUBB HUBBELL INC | Technology | 7.7K | $3.8M | 3.0% | -10.0% |
| HSY HERSHEY CO/THE | Consumer staples | 17.6K | $3.7M | 2.9% | +1.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 7.6K | $3.6M | 2.8% | +2.5% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 5.9K | $3.5M | 2.7% | +0.4% |
| LOW LOWE'S COS INC | Consumer discretionary | 13.5K | $3.2M | 2.5% | Held |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 40.1K | $3.2M | 2.5% | +2.0% |
| LPX LOUISIANA-PACIFIC CORP | Other | 38.1K | $2.8M | 2.2% | +6.2% |
| NOC NORTHROP GRUMMAN CORP | Technology | 3.2K | $2.2M | 1.7% | +1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 26 | $127.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 27 | $129.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 36 | $180.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 55 | $169.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 34 | $181.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 36 | $168.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 39 | $169.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 40 | $152.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 37 | $110.0M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP