DAHRING | CUSMANO LLC
Long book
$162.7M
Q1 2026
Positions
58
Top-10 weight
65%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsDAHRING | CUSMANO LLC is a wealth-management firm allocating client money, running a $162.7M US long book across 58 positions.
The portfolio is concentrated: the top 10 names carry 65% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: PIMCO MULTISECTOR BOND ACTV, FIDELITY FNDMNTL L/C COR ETF, SCHWAB US LARGE-CAP GROWTH, FIDELITY ENHANCED SMALL CAP, VANGUARD MULTI-SECTOR.
Over the last 6 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
-2.0%
Q1 2025
+8.0%
Q2 2025
+6.8%
Q3 2025
+2.2%
Q4 2025
-2.7%
Q1 2026
+10.6%
Sector allocation
Technology 46%
Consumer discretionary 18%
Utilities 17%
Healthcare 8%
Energy 7%
Industrials 4%
Long book by quarter
What does DAHRING | own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 2.0K | $723K | 0.4% | +9.1% |
| AAPL APPLE INC | Technology | 2.1K | $541K | 0.3% | +0.1% |
| WEC WEC ENERGY GROUP INC | Utilities | 3.0K | $351K | 0.2% | +0.8% |
| WMT WALMART INC | Consumer discretionary | 2.8K | $347K | 0.2% | -9.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.6K | $332K | 0.2% | -1.2% |
| DTE DTE ENERGY COMPANY | Utilities | 2.0K | $298K | 0.2% | +0.9% |
| LLY ELI LILLY & CO | Healthcare | 318 | $293K | 0.2% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.6K | $278K | 0.2% | New |
| NVDA NVIDIA CORP | Technology | 1.5K | $257K | 0.2% | -0.3% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.5K | $225K | 0.1% | Held |
| F FORD MOTOR CO | Industrials | 13.0K | $150K | 0.1% | -29.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 58 | $162.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 49 | $143.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 53 | $138.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 55 | $128.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 55 | $116.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 61 | $110.3M | canonical | SEC ↗ |