FIDELIS iM, LLC
Long book
$264.2M
Q1 2026
Positions
25
Top-10 weight
90%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsFIDELIS iM, LLC is a wealth-management firm allocating client money, running a $264.2M US long book across 25 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB US LARGE-CAP ETF, VANGUARD DIVIDEND APPREC ETF, VANGUARD S/T CORP BOND ETF, SCHWAB US SMALL-CAP ETF, WISDOMTREE US LARGECAP DIVID.
Over the last 9 quarters its long book ran on average 1.2pp 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
+0.3%
Q2 2024
+7.6%
Q3 2024
-0.5%
Q4 2024
-0.8%
Q1 2025
+6.3%
Q2 2025
+5.9%
Q3 2025
+1.4%
Q4 2025
-1.0%
Q1 2026
+10.2%
Sector allocation
Industrials 43%
Technology 29%
Consumer discretionary 16%
Healthcare 8%
Materials 4%
Long book by quarter
What does FIDELIS iM, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TSLA TESLA INC | Industrials | 5.2K | $1.9M | 0.7% | -0.8% |
| MSFT MICROSOFT CORP | Technology | 2.8K | $1.1M | 0.4% | +21.4% |
| HD HOME DEPOT INC | Consumer discretionary | 1.7K | $545K | 0.2% | +0.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.7K | $413K | 0.2% | +21.7% |
| AAPL APPLE INC | Technology | 1.6K | $400K | 0.2% | -59.5% |
| BROS DUTCH BROS INC-CLASS A | Consumer discretionary | 5.4K | $272K | 0.1% | New |
| HWM HOWMET AEROSPACE INC | Industrials | 1.1K | $249K | 0.1% | Held |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 756 | $220K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 25 | $264.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 25 | $257.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 18 | $161.2M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 22 | $224.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 22 | $215.9M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 22 | $203.7M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 23 | $220.5M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Sep 13, 2024 | 19 | $203.7M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 17, 2024 | 19 | $199.2M | $K fixed canonical | SEC ↗ |