Essential Partners LLC
Long book
$297.2M
Q1 2026
Positions
2848
Top-10 weight
16%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsEssential Partners LLC is a mechanically diversified allocator, running a $297.2M US long book across 2848 positions.
The portfolio is broadly diversified across 2848 positions (top 10 only 16%). Turnover is modest: positions are typically held for years. Current anchor positions: SPROTT PHYSICAL GOLD TRUST, COMFORT SYSTEMS USA INC, NVIDIA CORP, SCHWAB FNDMN INTL LRG CO ETF, ISHARES CORE S&P 500 ETF.
Over the last 4 quarters its long book ran on average 0.9pp per quarter ahead of the S&P 500, beating the index in 1 of 4 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
Q2 2025
+7.8%
Q3 2025
+2.4%
Q4 2025
+0.4%
Q1 2026
+14.4%
Sector allocation
Industrials 24%
Technology 21%
Financials 15%
Healthcare 11%
Consumer discretionary 8%
Other 6%
Services media 5%
Energy 4%
Long book by quarter
What does Essential Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FIX COMFORT SYSTEMS USA INC | Industrials | 3.5K | $4.8M | 1.6% | -0.1% |
| NVDA NVIDIA CORP | Technology | 21.6K | $3.8M | 1.3% | -5.2% |
| GM GENERAL MOTORS CO | Industrials | 43.3K | $3.2M | 1.1% | +1.0% |
| GE GENERAL ELECTRIC | Industrials | 11.2K | $3.2M | 1.1% | +4.0% |
| MRK MERCK & CO. INC. | Healthcare | 25.9K | $3.1M | 1.0% | -11.4% |
| FTI TECHNIPFMC PLC | Industrials | 43.9K | $3.0M | 1.0% | Held |
| GEV GE VERNOVA INC | Industrials | 3.4K | $2.9M | 1.0% | +4.0% |
| TER TERADYNE INC | Technology | 9.8K | $2.9M | 1.0% | +1.9% |
| INCY INCYTE CORP | Healthcare | 28.7K | $2.7M | 0.9% | -2.4% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 12.8K | $2.7M | 0.9% | +0.1% |
| C CITIGROUP INC | Financials | 22.5K | $2.6M | 0.9% | +0.2% |
| AVGO BROADCOM INC | Technology | 7.5K | $2.3M | 0.8% | +3.3% |
| TPR TAPESTRY INC | Other | 15.0K | $2.1M | 0.7% | Held |
| EIX EDISON INTERNATIONAL | Utilities | 27.4K | $2.0M | 0.7% | -14.0% |
| ANET ARISTA NETWORKS INC | Technology | 16.3K | $2.0M | 0.7% | -23.7% |
| MSFT MICROSOFT CORP | Technology | 5.3K | $2.0M | 0.7% | +119.9% |
| DINO HF SINCLAIR CORP | Energy | 31.2K | $1.9M | 0.7% | -0.4% |
| APH AMPHENOL CORP-CL A | Technology | 15.0K | $1.9M | 0.6% | -1.7% |
| FIVE FIVE BELOW | Consumer discretionary | 8.1K | $1.9M | 0.6% | +1.1% |
| GLW CORNING INC | Industrials | 13.5K | $1.8M | 0.6% | -0.1% |
| VRT VERTIV HOLDINGS CO-A | Technology | 7.2K | $1.8M | 0.6% | +2.0% |
| EXPE EXPEDIA GROUP INC | Industrials | 7.8K | $1.8M | 0.6% | -22.3% |
| DAL DELTA AIR LINES INC | Industrials | 26.9K | $1.8M | 0.6% | -0.5% |
| AAPL APPLE INC | Technology | 7.0K | $1.8M | 0.6% | +2.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.1K | $1.7M | 0.6% | -0.9% |
| CMI CUMMINS INC | Industrials | 3.2K | $1.7M | 0.6% | +0.1% |
| RL RALPH LAUREN CORP | Other | 5.0K | $1.7M | 0.6% | -3.7% |
| INTC INTEL CORP | Technology | 37.6K | $1.7M | 0.6% | -33.0% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 26.8K | $1.6M | 0.5% | Held |
| ILMN ILLUMINA INC | Healthcare | 13.0K | $1.6M | 0.5% | -4.1% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 12.2K | $1.6M | 0.5% | +1.5% |
| FDX FEDEX CORP | Industrials | 4.5K | $1.6M | 0.5% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.4K | $1.5M | 0.5% | +12.3% |
| PCG P G & E CORP | Utilities | 80.7K | $1.4M | 0.5% | -25.0% |
| AA ALCOA CORP | Industrials | 20.5K | $1.4M | 0.5% | +0.9% |
| EME EMCOR GROUP INC | Industrials | 1.8K | $1.4M | 0.5% | +5.0% |
| CNC CENTENE CORP | Financials | 40.0K | $1.3M | 0.4% | -39.6% |
| VLO VALERO ENERGY CORP | Energy | 5.1K | $1.3M | 0.4% | 0.0% |
| PEP PEPSICO INC | Consumer staples | 8.0K | $1.2M | 0.4% | -42.3% |
| USFD US FOODS HOLDING CORP | Consumer discretionary | 13.0K | $1.2M | 0.4% | -1.9% |
| EVR EVERCORE INC - A | Financials | 4.0K | $1.2M | 0.4% | +1.0% |
| WMT WALMART INC | Consumer discretionary | 9.4K | $1.2M | 0.4% | -2.1% |
| BKR BAKER HUGHES CO | Industrials | 18.9K | $1.2M | 0.4% | +0.1% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 2.2K | $1.1M | 0.4% | +3.5% |
| IVZ INVESCO LTD | Financials | 46.3K | $1.1M | 0.4% | -1.6% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 18.5K | $1.1M | 0.4% | +12.5% |
| TRV TRAVELERS COS INC/THE | Financials | 3.8K | $1.1M | 0.4% | -5.7% |
| JBHT HUNT (JB) TRANSPRT SVCS INC | Industrials | 5.2K | $1.1M | 0.4% | +0.1% |
| CB CHUBB LTD | Financials | 3.3K | $1.1M | 0.4% | -18.8% |
| HAL HALLIBURTON CO | Energy | 27.5K | $1.1M | 0.4% | +0.4% |
13F filing history
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCAmundiJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLC