DURANTE & WATERS, LLC
Long book
$138.2M
Q1 2026
Positions
31
Top-10 weight
84%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
3%
of book per quarter
Strategy in plain words
auto-generated from filingsDURANTE & WATERS, LLC is a wealth-management firm allocating client money, running a $138.2M US long book across 31 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES CORE S&P TOTAL U.S., FIDELITY ENHANCED INTL ETF, ISHARES CORE U.S. AGGREGATE, ISHARES 1-3 YEAR TREASURY BO.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 4 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
+2.0%
Q2 2024
+6.2%
Q3 2024
+1.3%
Q4 2024
-2.0%
Q1 2025
+6.7%
Q2 2025
+7.1%
Q3 2025
+3.2%
Q4 2025
-2.8%
Q1 2026
+10.6%
Sector allocation
Financials 40%
Technology 34%
Consumer discretionary 12%
Industrials 9%
Services media 5%
Long book by quarter
What does DURANTE & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 7 | $5.0M | 3.6% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 7.3K | $2.1M | 1.5% | -5.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.1K | $1.5M | 1.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.9K | $1.4M | 1.0% | Held |
| AAPL APPLE INC | Technology | 5.6K | $1.4M | 1.0% | -1.1% |
| TSLA TESLA INC | Industrials | 3.2K | $1.2M | 0.9% | -11.2% |
| NVDA NVIDIA CORP | Technology | 6.4K | $1.1M | 0.8% | Held |
| GOOG ALPHABET INC-CL C | Technology | 3.3K | $937K | 0.7% | Held |
| MA MASTERCARD INC - A | Services media | 1.0K | $506K | 0.4% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 3.1K | $500K | 0.4% | Held |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 3.8K | $370K | 0.3% | +0.1% |
| V VISA INC-CLASS A SHARES | Services media | 813 | $246K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 31 | $138.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 32 | $143.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 33 | $136.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 32 | $127.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 30 | $119.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 29 | $121.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 30 | $119.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 30 | $112.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 29, 2024 | 32 | $109.5M | canonical | SEC ↗ |