Facet Wealth, Inc.

Wealth advisor Mechanical CIK 1748271
League rank
#1708
in Wealth advisor · #4641 overall
Long book
$5.77B
Q1 2026
Positions
349
Top-10 weight
67%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Facet Wealth, Inc. is a wealth-management firm allocating client money, running a $5.77B US long book across 349 positions.

The portfolio is concentrated: the top 10 names carry 67% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD FTSE DEVELOPED ETF, VANGUARD TOTAL STOCK MKT ETF, ISHARES MSCI USA QUALITY FAC, VANGUARD TOTAL BOND MARKET, VANGUARD VALUE ETF.

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
-0.6%
Q1 2025
+7.6%
Q2 2025
+6.0%
Q3 2025
+2.7%
Q4 2025
-0.8%
Q1 2026
+10.6%

Sector allocation

Technology
54%
Consumer discretionary
9%
Financials
9%
Industrials
9%
Healthcare
6%
Services media
4%
Energy
3%
Utilities
2%

Long book by quarter

$2.97B
Q1 2024
$3.26B
Q2 2024
$3.51B
Q3 2024
$3.77B
Q4 2024
$3.86B
Q1 2025
$4.40B
Q2 2025
$4.83B
Q3 2025
$5.65B
Q4 2025
$5.77B
Q1 2026

What does Facet Wealth, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology142.4K$36.1M0.6%-7.8%
NVDA NVIDIA CORPTechnology100.7K$17.6M0.3%+21.8%
MSFT MICROSOFT CORPTechnology31.0K$11.5M0.2%+37.1%
META META PLATFORMS INC-CLASS ATechnology15.5K$8.9M0.2%+0.9%
AMZN AMAZON.COM INCConsumer discretionary38.1K$7.9M0.1%-0.6%
GOOGL ALPHABET INC-CL ATechnology23.5K$6.8M0.1%+46.0%
GOOG ALPHABET INC-CL CTechnology19.3K$5.5M0.1%+9.3%
AVGO BROADCOM INCTechnology15.2K$4.7M0.1%+9.3%
TSLA TESLA INCIndustrials11.6K$4.3M0.1%-8.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials8.2K$3.9M0.1%+32.0%
WMT WALMART INCConsumer discretionary25.9K$3.2M0.1%+48.6%
JPM JPMORGAN CHASE & COFinancials10.4K$3.1M0.1%+22.8%
NFLX NETFLIX INCServices media27.9K$2.7M0.0%+19.4%
XOM EXXON MOBIL CORPEnergy15.6K$2.6M0.0%+15.3%
COST COSTCO WHOLESALE CORPConsumer discretionary2.6K$2.6M0.0%+22.5%
ABBV ABBVIE INCHealthcare11.4K$2.5M0.0%+126.5%
CAT CATERPILLAR INCIndustrials3.4K$2.4M0.0%+21.6%
JNJ JOHNSON & JOHNSONHealthcare9.3K$2.3M0.0%+39.8%
LLY ELI LILLY & COHealthcare2.2K$2.0M0.0%+9.5%
IBM INTL BUSINESS MACHINES CORPTechnology7.3K$1.8M0.0%+28.4%
V VISA INC-CLASS A SHARESServices media5.2K$1.6M0.0%+4.7%
GE GENERAL ELECTRICIndustrials5.2K$1.5M0.0%+94.3%
HD HOME DEPOT INCConsumer discretionary4.4K$1.4M0.0%+20.6%
AMAT APPLIED MATERIALS INCTechnology4.1K$1.4M0.0%+19.8%
CVX CHEVRON CORPEnergy6.6K$1.4M0.0%+32.1%
CSCO CISCO SYSTEMS INCTechnology17.2K$1.3M0.0%+44.8%
MA MASTERCARD INC - AServices media2.7K$1.3M0.0%+21.8%
MRK MERCK & CO. INC.Healthcare10.4K$1.2M0.0%+54.3%
GEV GE VERNOVA INCIndustrials1.4K$1.2M0.0%+46.9%
RTX RTX CORPIndustrials6.3K$1.2M0.0%+31.6%
BAC BANK OF AMERICA CORPFinancials23.6K$1.1M0.0%+14.8%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology7.7K$1.1M0.0%+21.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 2026349$5.77B canonicalSEC ↗
Q4 202513F-HRJan 29, 2026299$5.65B canonicalSEC ↗
Q3 202513F-HROct 30, 2025215$4.83B canonicalSEC ↗
Q2 202513F-HRAug 1, 2025174$4.40B canonicalSEC ↗
Q1 202513F-HRMay 7, 2025137$3.86B canonicalSEC ↗
Q4 202413F-HRFeb 10, 2025143$3.77B canonicalSEC ↗
Q3 202413F-HRNov 4, 2024141$3.51B canonicalSEC ↗
Q2 202413F-HRJul 31, 2024141$3.26B canonicalSEC ↗
Q1 202413F-HRMay 7, 2024121$2.97B canonicalSEC ↗