Financial Alternatives, Inc
Long book
$185.5M
Q1 2026
Positions
79
Top-10 weight
68%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsFinancial Alternatives, Inc is a wealth-management firm allocating client money, running a $185.5M US long book across 79 positions.
The portfolio is concentrated: the top 10 names carry 68% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: DIMENSIONAL US CORE EQUITY 2, DIMENSIONAL INTERNATIONAL CO, VANGUARD EMERG MKTS GOV BND, DIMENSIONAL EMERGING CORE EQ, JPMORGAN EQUITY PREMIUM INCO.
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
+1.5%
Q2 2024
+7.5%
Q3 2024
-1.2%
Q4 2024
-0.6%
Q1 2025
+7.7%
Q2 2025
+7.0%
Q3 2025
+2.8%
Q4 2025
-0.9%
Q1 2026
+9.3%
Sector allocation
Technology 30%
Financials 19%
Consumer discretionary 17%
Utilities 12%
Energy 10%
Industrials 7%
Services media 5%
Long book by quarter
What does Financial Alternatives, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 11.0K | $2.8M | 1.5% | -6.3% |
| HD HOME DEPOT INC | Consumer discretionary | 5.9K | $2.0M | 1.1% | Held |
| SRE SEMPRA | Utilities | 19.8K | $1.9M | 1.0% | +22.0% |
| XOM EXXON MOBIL CORP | Energy | 9.5K | $1.6M | 0.9% | -1.4% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.8% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.8K | $1.4M | 0.7% | +1.8% |
| TSLA TESLA INC | Industrials | 2.9K | $1.1M | 0.6% | -0.3% |
| APH AMPHENOL CORP-CL A | Technology | 4.8K | $608K | 0.3% | Held |
| V VISA INC-CLASS A SHARES | Services media | 1.7K | $506K | 0.3% | -7.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 501 | $499K | 0.3% | +8.7% |
| NVDA NVIDIA CORP | Technology | 2.6K | $446K | 0.2% | +8.3% |
| QCOM QUALCOMM INC | Technology | 3.0K | $381K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.3K | $360K | 0.2% | -18.1% |
| SPGI S&P GLOBAL INC | Services media | 548 | $233K | 0.1% | Held |
| BAC BANK OF AMERICA CORP | Financials | 4.3K | $210K | 0.1% | -2.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.0K | $208K | 0.1% | -24.4% |
| ADBE ADOBE INC | Technology | 838 | $204K | 0.1% | -3.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 79 | $185.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 87 | $172.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 86 | $165.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 86 | $153.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 81 | $140.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 81 | $141.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 85 | $142.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 82 | $133.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 82 | $129.3M | canonical | SEC ↗ |