Elk River Wealth Management LLC

Other Low signal CIK 1844107
League rank
#580
in Other · #2059 overall
Long book
$602.2M
Q1 2026
Positions
99
Top-10 weight
53%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Elk River Wealth Management LLC is an institutional manager, running a $602.2M US long book across 99 positions.

The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P DIVIDEND ETF, ISHARES CORE S&P SMALL-CAP E, INVESCO S&P 500 EQUAL WEIGHT, ISHARES CORE S&P 500 ETF, JPMORGAN INT RES ENH EQTY.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.3%
Q2 2024
+6.0%
Q3 2024
+0.8%
Q4 2024
-3.4%
Q1 2025
+9.3%
Q2 2025
+7.5%
Q3 2025
+2.4%
Q4 2025
-2.4%
Q1 2026
+14.0%

Sector allocation

Technology
39%
Consumer discretionary
16%
Financials
14%
Industrials
10%
Services media
7%
Healthcare
5%
Other
4%
Energy
4%

Long book by quarter

$491.7M
Q1 2024
$511.0M
Q2 2024
$549.8M
Q3 2024
$552.3M
Q4 2024
$534.2M
Q1 2025
$581.2M
Q2 2025
$623.9M
Q3 2025
$622.0M
Q4 2025
$602.2M
Q1 2026

What does Elk River own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology103.3K$26.2M4.4%+1.8%
GOOGL ALPHABET INC-CL ATechnology89.9K$25.8M4.3%+1.1%
AVGO BROADCOM INCTechnology80.7K$25.0M4.1%+0.6%
MSFT MICROSOFT CORPTechnology50.6K$18.7M3.1%+0.2%
AMZN AMAZON.COM INCConsumer discretionary84.7K$17.6M2.9%-88.5%
COST COSTCO WHOLESALE CORPConsumer discretionary15.1K$15.1M2.5%-0.7%
JPM JPMORGAN CHASE & COFinancials44.6K$13.1M2.2%+4.1%
MA MASTERCARD INC - AServices media23.8K$11.9M2.0%-1.4%
XOM EXXON MOBIL CORPEnergy65.8K$11.2M1.9%-1.3%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary103.0K$9.5M1.6%+0.4%
GEV GE VERNOVA INCIndustrials10.0K$8.7M1.5%+84.0%
NVDA NVIDIA CORPTechnology49.4K$8.6M1.4%0.0%
ICE INTERCONTINENTAL EXCHANGE INFinancials54.3K$8.5M1.4%+0.1%
PANW PALO ALTO NETWORKS INCTechnology50.6K$8.1M1.3%-0.6%
LHX L3HARRIS TECHNOLOGIES INCTechnology22.3K$7.7M1.3%-26.5%
MS MORGAN STANLEYFinancials45.4K$7.5M1.2%-4.0%
LLY ELI LILLY & COHealthcare7.9K$7.3M1.2%+5.0%
PHM PULTEGROUP INCIndustrials58.8K$6.9M1.2%-27.3%
PNC PNC FINANCIAL SERVICES GROUPFinancials31.2K$6.5M1.1%New
LOW LOWE'S COS INCConsumer discretionary26.7K$6.3M1.0%-0.3%
HON HONEYWELL INTERNATIONAL INCIndustrials25.6K$5.8M1.0%-21.4%
TXN TEXAS INSTRUMENTS INCTechnology29.6K$5.7M1.0%0.0%
INTU INTUIT INCTechnology13.0K$5.6M0.9%-3.7%
MNST MONSTER BEVERAGE CORPConsumer staples77.4K$5.6M0.9%-0.7%
HQY HEALTHEQUITY INCServices media62.6K$5.2M0.9%-2.3%
UNP UNION PACIFIC CORPIndustrials19.7K$4.8M0.8%+1.5%
GS GOLDMAN SACHS GROUP INCFinancials5.4K$4.6M0.8%-6.6%
TXT TEXTRON INCIndustrials51.7K$4.5M0.8%-0.8%
ISRG INTUITIVE SURGICAL INCHealthcare9.8K$4.5M0.7%New
TMO THERMO FISHER SCIENTIFIC INCOther9.0K$4.4M0.7%-0.4%
NFLX NETFLIX INCServices media42.1K$4.0M0.7%New
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary63.8K$4.0M0.7%-69.0%
BLK BLACKROCK INCFinancials4.1K$3.9M0.7%-0.6%
ECL ECOLAB INCOther14.7K$3.9M0.7%-0.5%
CHD CHURCH & DWIGHT CO INCOther31.8K$3.0M0.5%+8.4%
UBER UBER TECHNOLOGIES INCServices media30.3K$2.2M0.4%-58.5%
JNJ JOHNSON & JOHNSONHealthcare5.4K$1.3M0.2%+4.2%
APH AMPHENOL CORP-CL ATechnology103.1K$1.3M0.2%-0.3%
CVX CHEVRON CORPEnergy6.0K$1.2M0.2%+4.2%
PG PROCTER & GAMBLE CO/THEOther7.9K$1.1M0.2%+13.7%
ABBV ABBVIE INCHealthcare5.2K$1.1M0.2%+0.3%
GOOG ALPHABET INC-CL CTechnology3.6K$1.0M0.2%-0.2%
UNH UNITEDHEALTH GROUP INCFinancials3.8K$1.0M0.2%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials2.1K$1.0M0.2%+0.5%
RTX RTX CORPIndustrials5.0K$969K0.2%+0.3%
KLAC KLA CORPOther644$948K0.2%Held
V VISA INC-CLASS A SHARESServices media2.7K$825K0.1%+0.1%
KO COCA-COLA CO/THEConsumer staples9.9K$761K0.1%+0.4%
BOKF BOK FINANCIAL CORPORATIONFinancials5.1K$647K0.1%-14.0%
CAT CATERPILLAR INCIndustrials905$641K0.1%+20.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 17, 202699$602.2M canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026103$622.0M canonicalSEC ↗
Q3 202513F-HROct 23, 2025101$623.9M canonicalSEC ↗
Q2 202513F-HRJul 11, 202598$581.2M canonicalSEC ↗
Q1 202513F-HRApr 11, 202593$534.2M canonicalSEC ↗
Q4 202413F-HRFeb 3, 202599$552.3M canonicalSEC ↗
Q3 202413F-HROct 11, 202497$549.8M canonicalSEC ↗
Q2 202413F-HRJul 31, 202493$511.0M canonicalSEC ↗
Q1 202413F-HRApr 15, 202497$491.7M canonicalSEC ↗