FINANCIAL MANAGEMENT NETWORK INC
Long book
$653.0M
Q1 2026
Positions
191
Top-10 weight
44%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsFINANCIAL MANAGEMENT NETWORK INC is a wealth-management firm allocating client money, running a $653.0M US long book across 191 positions.
The portfolio is moderately concentrated (top 10 ≈ 44% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, VANECK MORNINGSTAR WIDE MOAT, AVANTIS US SMALL CAP VALUE, ISHARES CORE S&P MIDCAP ETF, ISHARES CORE S&P SMALL-CAP E.
Over the last 9 quarters its long book ran on average 1pp 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
+1.1%
Q2 2024
+6.4%
Q3 2024
+0.5%
Q4 2024
-3.4%
Q1 2025
+7.2%
Q2 2025
+7.2%
Q3 2025
+3.3%
Q4 2025
-1.6%
Q1 2026
+10.5%
Sector allocation
Technology 48%
Industrials 11%
Financials 10%
Consumer discretionary 9%
Services media 8%
Other 4%
Healthcare 4%
Energy 4%
Long book by quarter
What does FINANCIAL MANAGEMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 65.1K | $17.0M | 2.6% | -3.3% |
| NVDA NVIDIA CORP | Technology | 60.9K | $11.2M | 1.7% | -4.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 30.0K | $7.0M | 1.1% | +1.5% |
| MSFT MICROSOFT CORP | Technology | 17.6K | $6.6M | 1.0% | +4.4% |
| GOOGL ALPHABET INC-CL A | Technology | 20.5K | $6.5M | 1.0% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 17.8K | $5.6M | 0.9% | +1.8% |
| TSLA TESLA INC | Industrials | 16.0K | $5.5M | 0.8% | -2.1% |
| V VISA INC-CLASS A SHARES | Services media | 17.4K | $5.4M | 0.8% | -2.3% |
| ARCC ARES CAPITAL CORP | — | 212.5K | $3.8M | 0.6% | +21.5% |
| CAT CATERPILLAR INC | Industrials | 4.0K | $3.1M | 0.5% | +0.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 4 | $2.9M | 0.4% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 8.9K | $2.8M | 0.4% | -0.4% |
| CVX CHEVRON CORP | Energy | 12.6K | $2.4M | 0.4% | +2.0% |
| AVGO BROADCOM INC | Technology | 5.0K | $1.8M | 0.3% | +0.6% |
| HD HOME DEPOT INC | Consumer discretionary | 4.8K | $1.6M | 0.3% | -4.1% |
| META META PLATFORMS INC-CLASS A | Technology | 2.2K | $1.4M | 0.2% | -1.8% |
| KKR KKR & CO INC | Financials | 13.8K | $1.3M | 0.2% | -7.3% |
| LLY ELI LILLY & CO | Healthcare | 1.3K | $1.2M | 0.2% | +4.0% |
| AXP AMERICAN EXPRESS CO | Financials | 3.7K | $1.2M | 0.2% | 0.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 4.7K | $1.1M | 0.2% | 0.0% |
| MA MASTERCARD INC - A | Services media | 2.1K | $1.1M | 0.2% | -0.3% |
| ROK ROCKWELL AUTOMATION INC | Other | 2.6K | $1.0M | 0.2% | 0.0% |
| SLB SLB LTD | Energy | 18.9K | $995K | 0.2% | -33.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.1K | $975K | 0.1% | -18.0% |
| PANW PALO ALTO NETWORKS INC | Technology | 5.6K | $932K | 0.1% | +5.0% |
| AMGN AMGEN INC | Healthcare | 2.4K | $865K | 0.1% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 881 | $796K | 0.1% | +10.1% |
| BA BOEING CO/THE | Industrials | 3.6K | $787K | 0.1% | -7.1% |
| URI UNITED RENTALS INC | Services media | 990 | $760K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 191 | $653.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 8, 2026 | 186 | $632.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 186 | $606.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 176 | $558.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 153 | $444.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 160 | $481.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 172 | $478.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 22, 2024 | 149 | $416.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 154 | $396.8M | canonical | SEC ↗ |