EXENCIAL WEALTH ADVISORS, LLC

Wealth advisor Mechanical CIK 1576151
League rank
#2035
in Wealth advisor · #5176 overall
Long book
$3.22B
Q1 2026
Positions
563
Top-10 weight
23%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
16%
of book per quarter

Strategy in plain words

auto-generated from filings

EXENCIAL WEALTH ADVISORS, LLC is a wealth-management firm allocating client money, running a $3.22B US long book across 563 positions.

The portfolio is broadly diversified across 563 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, DIMENSIONAL US SMALL CAP VAL, INVESCO S&P 500 EQUAL WEIGHT, MICROSOFT CORP, VANGUARD VALUE ETF.

Over the last 9 quarters its long book ran on average 0.8pp 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
+2.1%
Q2 2024
+6.7%
Q3 2024
-0.9%
Q4 2024
-1.0%
Q1 2025
+7.2%
Q2 2025
+7.3%
Q3 2025
+2.8%
Q4 2025
-1.2%
Q1 2026
+10.0%

Sector allocation

Technology
38%
Healthcare
12%
Financials
11%
Industrials
10%
Consumer discretionary
7%
Services media
7%
Energy
5%
Utilities
4%

Long book by quarter

$2.67B
Q1 2024
$2.65B
Q2 2024
$2.78B
Q3 2024
$2.72B
Q4 2024
$2.69B
Q1 2025
$2.84B
Q2 2025
$3.07B
Q3 2025
$3.16B
Q4 2025
$3.22B
Q1 2026

What does EXENCIAL WEALTH own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology456.8K$115.9M3.6%+2.0%
MSFT MICROSOFT CORPTechnology203.6K$75.4M2.3%-0.9%
GOOG ALPHABET INC-CL CTechnology210.0K$60.2M1.9%-5.0%
NVDA NVIDIA CORPTechnology344.9K$60.1M1.9%+16.4%
AMZN AMAZON.COM INCConsumer discretionary260.0K$54.2M1.7%+5.5%
AVGO BROADCOM INCTechnology128.2K$39.7M1.2%+7.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials78.4K$37.6M1.2%-15.9%
META META PLATFORMS INC-CLASS ATechnology50.0K$28.6M0.9%-5.5%
ETN EATON CORP PLCIndustrials66.4K$23.7M0.7%+26.6%
ICE INTERCONTINENTAL EXCHANGE INFinancials147.0K$23.1M0.7%+13.7%
CNQ CANADIAN NATURAL RESOURCESEnergy435.7K$21.2M0.7%-2.8%
LHX L3HARRIS TECHNOLOGIES INCTechnology56.2K$19.4M0.6%-21.0%
GOOGL ALPHABET INC-CL ATechnology65.2K$18.8M0.6%-4.8%
HON HONEYWELL INTERNATIONAL INCIndustrials80.3K$18.1M0.6%-1.2%
JPM JPMORGAN CHASE & COFinancials60.7K$17.9M0.6%+94.0%
TMO THERMO FISHER SCIENTIFIC INCOther35.4K$17.4M0.5%-4.7%
ASML ASML HOLDING NV-NY REG SHSIndustrials12.9K$17.1M0.5%-1.0%
MA MASTERCARD INC - AServices media33.2K$16.6M0.5%-26.7%
LLY ELI LILLY & COHealthcare17.1K$15.8M0.5%-1.5%
V VISA INC-CLASS A SHARESServices media51.5K$15.6M0.5%-24.9%
CSCO CISCO SYSTEMS INCTechnology199.4K$15.5M0.5%-3.2%
MLM MARTIN MARIETTA MATERIALSMaterials25.8K$15.2M0.5%-3.7%
CVX CHEVRON CORPEnergy71.6K$14.8M0.5%+3.1%
SYK STRYKER CORPHealthcare43.6K$14.3M0.4%+50.0%
EVRG EVERGY INCUtilities160.5K$13.1M0.4%-4.2%
COST COSTCO WHOLESALE CORPConsumer discretionary13.0K$12.9M0.4%-1.0%
SNPS SYNOPSYS INCTechnology32.5K$12.9M0.4%+2.5%
MTB M & T BANK CORPFinancials61.6K$12.7M0.4%-4.3%
WAB WABTEC CORPIndustrials47.5K$11.9M0.4%-6.3%
DGX QUEST DIAGNOSTICS INCHealthcare59.3K$11.6M0.4%-4.6%
NFLX NETFLIX INCServices media120.8K$11.6M0.4%+404.7%
SPGI S&P GLOBAL INCServices media27.2K$11.6M0.4%-7.0%
ABT ABBOTT LABORATORIESHealthcare106.5K$10.9M0.3%-2.8%
JNJ JOHNSON & JOHNSONHealthcare41.9K$10.2M0.3%-3.5%
ISRG INTUITIVE SURGICAL INCHealthcare22.2K$10.2M0.3%-4.7%
AJG ARTHUR J GALLAGHER & COFinancials45.0K$9.7M0.3%-5.3%
VRTX VERTEX PHARMACEUTICALS INCHealthcare21.6K$9.6M0.3%-3.5%
WTW WILLIS TOWERS WATSON PLCFinancials33.1K$9.6M0.3%-3.5%
XYL XYLEM INCIndustrials80.3K$9.6M0.3%-4.7%
IQV IQVIA HOLDINGS INCHealthcare54.8K$9.3M0.3%-3.9%
ABBV ABBVIE INCHealthcare41.1K$8.9M0.3%-0.5%
CRM SALESFORCE INCTechnology47.7K$8.9M0.3%+0.4%
TRGP TARGA RESOURCES CORPUtilities34.8K$8.7M0.3%+0.1%
ACN ACCENTURE PLC-CL AServices media41.8K$8.3M0.3%-5.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 2026568$3.22B canonicalSEC ↗
Q4 202513F-HRJan 30, 2026548$3.17B canonicalSEC ↗
Q3 202513F-HROct 27, 2025528$3.07B canonicalSEC ↗
Q2 202513F-HRJul 30, 2025492$2.84B canonicalSEC ↗
Q1 202513F-HRMay 9, 2025501$2.70B canonicalSEC ↗
Q4 202413F-HRFeb 6, 2025500$2.73B canonicalSEC ↗
Q3 202413F-HROct 31, 2024491$2.78B canonicalSEC ↗
Q2 202413F-HRAug 12, 2024484$2.66B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024495$2.68B canonicalSEC ↗