FAS Wealth Partners, Inc.

Wealth advisor Mechanical CIK 1596957
League rank
#899
in Wealth advisor · #3319 overall
Long book
$1.61B
Q1 2026
Positions
508
Top-10 weight
34%
concentration
Last quarter
+12.1%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

FAS Wealth Partners, Inc. is a wealth-management firm allocating client money, running a $1.61B US long book across 508 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: INVESCO S&P 500 EQUAL WEIGHT, JPMORGAN EQUITY PREMIUM INCO, ISHARES MORNINGSTAR GROWTH E, AVANTIS US LARGE CAP VALUE, SS SPDR S&P 400 MC VAL ETF.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 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
+1.1%
Q2 2024
+6.8%
Q3 2024
-0.3%
Q4 2024
-0.4%
Q1 2025
+6.6%
Q2 2025
+6.8%
Q3 2025
+1.9%
Q4 2025
+0.7%
Q1 2026
+12.1%

Sector allocation

Technology
34%
Industrials
13%
Healthcare
12%
Consumer discretionary
12%
Financials
11%
Energy
7%
Utilities
5%
Other
3%

Long book by quarter

$1.13B
Q1 2024
$1.16B
Q2 2024
$1.26B
Q3 2024
$1.19B
Q4 2024
$1.23B
Q1 2025
$1.35B
Q2 2025
$1.48B
Q3 2025
$1.55B
Q4 2025
$1.61B
Q1 2026

What does FAS Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology153.9K$39.1M2.4%+3.1%
NVDA NVIDIA CORPTechnology157.4K$27.5M1.7%+6.7%
MSFT MICROSOFT CORPTechnology49.1K$18.2M1.1%+3.1%
GOOG ALPHABET INC-CL CTechnology61.5K$17.6M1.1%+13.7%
AMZN AMAZON.COM INCConsumer discretionary80.7K$16.8M1.0%+2.1%
AVGO BROADCOM INCTechnology50.1K$15.5M1.0%-4.1%
CORT CORCEPT THERAPEUTICS INCHealthcare322.4K$13.0M0.8%+4.0%
JPM JPMORGAN CHASE & COFinancials43.5K$12.8M0.8%+4.3%
WMT WALMART INCConsumer discretionary95.9K$11.9M0.7%+1.3%
XOM EXXON MOBIL CORPEnergy69.6K$11.8M0.7%+8.2%
META META PLATFORMS INC-CLASS ATechnology20.0K$11.4M0.7%+5.2%
CVX CHEVRON CORPEnergy47.7K$9.9M0.6%+2.4%
CAT CATERPILLAR INCIndustrials13.8K$9.7M0.6%-13.5%
JNJ JOHNSON & JOHNSONHealthcare39.6K$9.7M0.6%-9.5%
LLY ELI LILLY & COHealthcare10.4K$9.6M0.6%+3.5%
LRCX LAM RESEARCH CORPIndustrials37.3K$8.0M0.5%-23.1%
TSLA TESLA INCIndustrials20.0K$7.4M0.5%+44.7%
COST COSTCO WHOLESALE CORPConsumer discretionary7.4K$7.3M0.5%+1.4%
GOOGL ALPHABET INC-CL ATechnology24.2K$7.0M0.4%-0.7%
ABBV ABBVIE INCHealthcare30.6K$6.7M0.4%+3.6%
ARCB ARCBEST CORPIndustrials62.9K$6.2M0.4%Held
ETN EATON CORP PLCIndustrials15.9K$5.7M0.4%+4.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology36.4K$5.3M0.3%-19.5%
DUK DUKE ENERGY CORPUtilities39.3K$5.1M0.3%+3.5%
NEE NEXTERA ENERGY INCUtilities54.9K$5.1M0.3%+4.4%
MS MORGAN STANLEYFinancials30.5K$5.0M0.3%+4.5%
MRK MERCK & CO. INC.Healthcare40.7K$4.9M0.3%+3.2%
CME CME GROUP INCFinancials16.6K$4.9M0.3%+8.1%
HD HOME DEPOT INCConsumer discretionary14.8K$4.9M0.3%+2.8%
TRV TRAVELERS COS INC/THEFinancials16.1K$4.7M0.3%+4.7%
V VISA INC-CLASS A SHARESServices media15.3K$4.6M0.3%+5.2%
ASTS AST SPACEMOBILE INCCommunications54.0K$4.5M0.3%+0.2%
PG PROCTER & GAMBLE CO/THEOther30.9K$4.5M0.3%-0.5%
GRMN GARMIN LTDTechnology18.7K$4.3M0.3%+1.8%
AMGN AMGEN INCHealthcare12.1K$4.3M0.3%+7.7%
UNP UNION PACIFIC CORPIndustrials17.4K$4.2M0.3%+2.3%
BA BOEING CO/THEIndustrials20.2K$4.0M0.3%+37.3%
FDX FEDEX CORPIndustrials11.1K$3.9M0.2%+5.6%
CSCO CISCO SYSTEMS INCTechnology46.6K$3.6M0.2%+195.7%
TXN TEXAS INSTRUMENTS INCTechnology18.5K$3.6M0.2%-0.3%
PFG PRINCIPAL FINANCIAL GROUPFinancials38.7K$3.5M0.2%+4.9%
SO SOUTHERN CO/THEUtilities36.1K$3.5M0.2%+3.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRJun 10, 2026511$1.61B canonicalSEC ↗
Q4 202513F-HRFeb 18, 2026513$1.55B canonicalSEC ↗
Q3 202513F-HROct 29, 2025464$1.48B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025455$1.35B canonicalSEC ↗
Q1 202513F-HRMay 5, 2025429$1.23B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025430$1.19B canonicalSEC ↗
Q3 202413F-HROct 17, 2024440$1.26B canonicalSEC ↗
Q2 202413F-HRJul 29, 2024436$1.16B canonicalSEC ↗
Q1 202413F-HRApr 29, 2024446$1.13B canonicalSEC ↗