Firestone Capital Management
Long book
$480.3M
Q1 2026
Positions
160
Top-10 weight
49%
concentration
Last quarter
+9.8%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsFirestone Capital Management is a wealth-management firm allocating client money, running a $480.3M US long book across 160 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD DIVIDEND APPREC ETF, VANGUARD EXTENDED MARKET ETF, SS SPDR S&P 500 ETF TRUST-US, VANGUARD TOTAL STOCK MKT ETF, VANGUARD VALUE ETF.
Over the last 9 quarters its long book ran on average 1pp 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
+0.4%
Q2 2024
+7.8%
Q3 2024
-0.9%
Q4 2024
-0.9%
Q1 2025
+6.6%
Q2 2025
+6.5%
Q3 2025
+2.0%
Q4 2025
+0.0%
Q1 2026
+9.8%
Sector allocation
Technology 34%
Financials 14%
Energy 11%
Utilities 10%
Industrials 9%
Consumer discretionary 9%
Healthcare 6%
Consumer staples 4%
Long book by quarter
What does Firestone Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 17.5K | $4.4M | 0.9% | -2.7% |
| XOM EXXON MOBIL CORP | Energy | 22.0K | $3.7M | 0.8% | -2.0% |
| META META PLATFORMS INC-CLASS A | Technology | 6.4K | $3.7M | 0.8% | -8.9% |
| NEE NEXTERA ENERGY INC | Utilities | 33.8K | $3.1M | 0.7% | -0.3% |
| MSFT MICROSOFT CORP | Technology | 8.4K | $3.1M | 0.6% | +5.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.3K | $2.5M | 0.5% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 6.3K | $1.8M | 0.4% | +0.2% |
| KO COCA-COLA CO/THE | Consumer staples | 20.7K | $1.6M | 0.3% | 0.0% |
| CVX CHEVRON CORP | Energy | 7.5K | $1.5M | 0.3% | Held |
| GOOG ALPHABET INC-CL C | Technology | 4.7K | $1.4M | 0.3% | -0.9% |
| HD HOME DEPOT INC | Consumer discretionary | 3.7K | $1.2M | 0.3% | +0.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.8K | $1.2M | 0.3% | +2.7% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 3.7K | $1.1M | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 3.5K | $1.0M | 0.2% | +0.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 3.9K | $956K | 0.2% | +1.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.9K | $947K | 0.2% | +5.7% |
| UNP UNION PACIFIC CORP | Industrials | 3.6K | $880K | 0.2% | -0.3% |
| NVDA NVIDIA CORP | Technology | 5.0K | $877K | 0.2% | +15.2% |
| ABBV ABBVIE INC | Healthcare | 4.0K | $863K | 0.2% | -0.6% |
| TSLA TESLA INC | Industrials | 2.3K | $857K | 0.2% | +47.6% |
| CAT CATERPILLAR INC | Industrials | 1.1K | $788K | 0.2% | +0.5% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 20.4K | $772K | 0.2% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 736 | $734K | 0.2% | -2.3% |
| WMT WALMART INC | Consumer discretionary | 5.2K | $644K | 0.1% | +8.1% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 5.4K | $642K | 0.1% | Held |
| TT TRANE TECHNOLOGIES PLC | Technology | 1.5K | $625K | 0.1% | -0.5% |
| T AT&T INC | Communications | 21.4K | $619K | 0.1% | +0.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 160 | $480.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 166 | $471.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 167 | $462.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 160 | $424.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 149 | $381.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 153 | $402.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 152 | $398.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 143 | $366.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 145 | $359.3M | canonical | SEC ↗ |