FINANCIAL LIFE ADVISORS
Long book
$321.0M
Q1 2026
Positions
52
Top-10 weight
69%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsFINANCIAL LIFE ADVISORS is a wealth-management firm allocating client money, specialised in financials (70% of the long book), running a $321.0M US long book across 52 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES S&P 500 GROWTH ETF, ISHARES S&P 500 VALUE ETF, SCHWAB US AGGREGATE BOND ETF, SS SPDR P MORT BACK BOND ETF, ISHRS US E F R A ETF-USD INC.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 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
+2.3%
Q2 2024
+5.3%
Q3 2024
-1.0%
Q4 2024
-0.8%
Q1 2025
+7.8%
Q2 2025
+6.1%
Q3 2025
+2.5%
Q4 2025
-1.9%
Q1 2026
+9.3%
Sector allocation
Healthcare 32%
Consumer discretionary 28%
Technology 26%
Energy 14%
Long book by quarter
What does FINANCIAL LIFE own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 52 | $321.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 53 | $324.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 47 | $311.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 48 | $292.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 51 | $268.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 46 | $266.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 48 | $264.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 57 | $246.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 60 | $239.0M | canonical | SEC ↗ |