DELTA FINANCIAL ADVISORS LLC

Fundamental diversified ★Signal CIK 1790295
League rank
#533
in Fundamental diversified · #3518 overall
Long book
$383.8M
Q1 2026
Positions
149
Top-10 weight
33%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

DELTA FINANCIAL ADVISORS LLC is a diversified fundamental manager, running a $383.8M US long book across 149 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, SS SPDR S&P 500 ETF TRUST-US, NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+6.7%
Q3 2024
+0.1%
Q4 2024
-2.0%
Q1 2025
+7.6%
Q2 2025
+9.0%
Q3 2025
+3.2%
Q4 2025
-0.3%
Q1 2026
+11.8%

Sector allocation

Technology
31%
Financials
15%
Consumer discretionary
13%
Industrials
11%
Healthcare
8%
Energy
6%
Utilities
5%
Services media
4%

Long book by quarter

$252.7M
Q1 2024
$258.2M
Q2 2024
$275.3M
Q3 2024
$269.0M
Q4 2024
$266.3M
Q1 2025
$284.4M
Q2 2025
$354.1M
Q3 2025
$384.6M
Q4 2025
$383.8M
Q1 2026

What does DELTA FINANCIAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology81.0K$20.6M5.4%-0.6%
NVDA NVIDIA CORPTechnology85.8K$15.0M3.9%-0.1%
MSFT MICROSOFT CORPTechnology36.2K$13.4M3.5%-0.4%
GOOG ALPHABET INC-CL CTechnology45.4K$13.0M3.4%-2.2%
AMAT APPLIED MATERIALS INCTechnology31.2K$10.7M2.8%-4.6%
TJX TJX COMPANIES INCConsumer discretionary60.3K$9.6M2.5%-1.0%
V VISA INC-CLASS A SHARESServices media25.5K$7.7M2.0%-0.2%
GS GOLDMAN SACHS GROUP INCFinancials9.1K$7.7M2.0%+0.1%
COST COSTCO WHOLESALE CORPConsumer discretionary7.1K$7.1M1.9%+3.2%
AMZN AMAZON.COM INCConsumer discretionary33.0K$6.9M1.8%+2.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials14.0K$6.7M1.8%0.0%
WMT WALMART INCConsumer discretionary51.5K$6.4M1.7%-0.6%
JNJ JOHNSON & JOHNSONHealthcare25.8K$6.3M1.6%-0.2%
JPM JPMORGAN CHASE & COFinancials21.1K$6.2M1.6%+0.4%
RTX RTX CORPIndustrials31.4K$6.1M1.6%-0.3%
CVX CHEVRON CORPEnergy26.9K$5.6M1.4%-0.6%
BNY BANK OF NEW YORK MELLON CORPFinancials45.0K$5.3M1.4%-1.6%
PG PROCTER & GAMBLE CO/THEOther36.5K$5.3M1.4%+2.2%
NUE NUCOR CORPIndustrials30.0K$5.1M1.3%-1.5%
AVGO BROADCOM INCTechnology15.7K$4.9M1.3%+0.7%
ETR ENTERGY CORPUtilities43.1K$4.8M1.3%-0.7%
XOM EXXON MOBIL CORPEnergy26.3K$4.5M1.2%+4.7%
BLK BLACKROCK INCFinancials4.3K$4.1M1.1%-0.7%
ORCL ORACLE CORPTechnology26.0K$3.8M1.0%-2.3%
AFL AFLAC INCFinancials34.9K$3.8M1.0%-0.9%
AMGN AMGEN INCHealthcare10.4K$3.7M1.0%+0.9%
META META PLATFORMS INC-CLASS ATechnology6.1K$3.5M0.9%-0.9%
EXPD EXPEDITORS INTL WASH INCIndustrials23.7K$3.4M0.9%-0.3%
CMI CUMMINS INCIndustrials6.2K$3.4M0.9%-0.8%
TRV TRAVELERS COS INC/THEFinancials11.4K$3.3M0.9%-4.1%
CB CHUBB LTDFinancials10.0K$3.3M0.9%+26.5%
LOW LOWE'S COS INCConsumer discretionary13.5K$3.2M0.8%+0.5%
COP CONOCOPHILLIPSEnergy24.1K$3.2M0.8%+12.0%
DUK DUKE ENERGY CORPUtilities22.1K$2.9M0.8%+7.4%
ADP AUTOMATIC DATA PROCESSINGTechnology13.8K$2.8M0.7%+0.3%
PEP PEPSICO INCConsumer staples17.9K$2.8M0.7%+6.0%
FDX FEDEX CORPIndustrials7.7K$2.7M0.7%+5.5%
GOOGL ALPHABET INC-CL ATechnology9.1K$2.6M0.7%-4.1%
HD HOME DEPOT INCConsumer discretionary7.5K$2.5M0.6%-0.3%
CAT CATERPILLAR INCIndustrials3.5K$2.5M0.6%+1.5%
APD AIR PRODUCTS & CHEMICALS INCMaterials8.4K$2.4M0.6%+1.0%
LMT LOCKHEED MARTIN CORPIndustrials3.8K$2.3M0.6%+0.9%
CARR CARRIER GLOBAL CORPIndustrials37.8K$2.1M0.6%+8.2%
ABT ABBOTT LABORATORIESHealthcare20.6K$2.1M0.6%-15.8%
ABBV ABBVIE INCHealthcare9.5K$2.1M0.5%Held
NEE NEXTERA ENERGY INCUtilities21.3K$2.0M0.5%+0.3%
MRK MERCK & CO. INC.Healthcare16.0K$1.9M0.5%+16.7%
PSX PHILLIPS 66Energy10.0K$1.8M0.5%0.0%
EMR EMERSON ELECTRIC COIndustrials13.5K$1.8M0.5%-0.7%
SBUX STARBUCKS CORPConsumer discretionary19.3K$1.7M0.5%-9.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 5, 2026149$383.8M canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026149$384.6M canonicalSEC ↗
Q3 202513F-HROct 30, 2025145$354.1M canonicalSEC ↗
Q2 202513F-HRAug 7, 2025112$284.4M canonicalSEC ↗
Q1 202513F-HRMay 13, 2025111$266.3M canonicalSEC ↗
Q4 202413F-HRFeb 4, 2025109$269.0M canonicalSEC ↗
Q3 202413F-HRNov 4, 2024113$275.3M canonicalSEC ↗
Q2 202413F-HRAug 6, 2024114$258.2M canonicalSEC ↗
Q1 202413F-HRMay 7, 2024115$252.7M canonicalSEC ↗