Falcon Wealth Planning
Long book
$1.47B
Q1 2026
Positions
236
Top-10 weight
61%
concentration
Last quarter
+5.8%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsFalcon Wealth Planning is a wealth-management firm allocating client money, running a $1.47B US long book across 236 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: KARMAN HOLDINGS INC, AVANTIS US LARGE CAP VALUE, VANGUARD MEGA CAP GROWTH ETF, APPLE INC, FIDELITY TOTAL BOND ETF.
Over the last 9 quarters its long book ran on average 1.2pp 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
+2.7%
Q2 2024
+6.4%
Q3 2024
+0.2%
Q4 2024
-2.2%
Q1 2025
+7.1%
Q2 2025
+7.3%
Q3 2025
+3.2%
Q4 2025
-0.5%
Q1 2026
+5.8%
Sector allocation
Industrials 56%
Technology 29%
Consumer discretionary 5%
Financials 4%
Healthcare 2%
Energy 1%
Services media 1%
Consumer staples 0%
Long book by quarter
What does Falcon Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| KRMN KARMAN HOLDINGS INC | Industrials | 2.6M | $205.7M | 14.0% | New |
| AAPL APPLE INC | Technology | 282.2K | $71.6M | 4.9% | +2.2% |
| NVDA NVIDIA CORP | Technology | 60.9K | $10.6M | 0.7% | +6.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 10.0K | $10.0M | 0.7% | -6.9% |
| GOOG ALPHABET INC-CL C | Technology | 24.8K | $7.1M | 0.5% | +136.5% |
| MSFT MICROSOFT CORP | Technology | 15.6K | $5.8M | 0.4% | +2.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 24.7K | $5.1M | 0.4% | +3.2% |
| TSLA TESLA INC | Industrials | 13.5K | $5.0M | 0.3% | +1.1% |
| JPM JPMORGAN CHASE & CO | Financials | 12.1K | $3.6M | 0.2% | +2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 12.1K | $3.5M | 0.2% | +12.6% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 28.8K | $3.4M | 0.2% | +0.1% |
| META META PLATFORMS INC-CLASS A | Technology | 5.6K | $3.2M | 0.2% | +1.6% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 5.7K | $2.6M | 0.2% | -3.0% |
| BAC BANK OF AMERICA CORP | Financials | 44.0K | $2.1M | 0.1% | -3.0% |
| WMT WALMART INC | Consumer discretionary | 17.1K | $2.1M | 0.1% | +34.9% |
| MU MICRON TECHNOLOGY INC | Technology | 6.0K | $2.0M | 0.1% | +54.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.2K | $2.0M | 0.1% | +16.4% |
| AVGO BROADCOM INC | Technology | 6.0K | $1.9M | 0.1% | +18.3% |
| HD HOME DEPOT INC | Consumer discretionary | 4.7K | $1.5M | 0.1% | +0.2% |
| AMAT APPLIED MATERIALS INC | Technology | 3.8K | $1.3M | 0.1% | +6.5% |
| LLY ELI LILLY & CO | Healthcare | 1.3K | $1.2M | 0.1% | +5.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.6K | $1.1M | 0.1% | +7.5% |
| CVX CHEVRON CORP | Energy | 5.1K | $1.1M | 0.1% | +83.7% |
| XOM EXXON MOBIL CORP | Energy | 6.3K | $1.1M | 0.1% | +4.9% |
| CDE COEUR MINING INC | Materials | 56.5K | $1.1M | 0.1% | New |
| KBH KB HOME | Industrials | 16.7K | $862K | 0.1% | +34.8% |
| LRCX LAM RESEARCH CORP | Industrials | 3.9K | $824K | 0.1% | -0.2% |
| PEP PEPSICO INC | Consumer staples | 5.2K | $813K | 0.1% | -3.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 236 | $1.47B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 216 | $1.19B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 191 | $1.11B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 176 | $989.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 163 | $899.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 161 | $897.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 151 | $851.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 135 | $769.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 133 | $631.0M | canonical | SEC ↗ |