FIRST HORIZON CORP

Diversified mechanical Mechanical CIK 36966
League rank
#199
in Diversified mechanical · #4844 overall
Long book
$2.39B
Q1 2026
Positions
1465
Top-10 weight
20%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

FIRST HORIZON CORP is a mechanically diversified allocator, running a $2.39B US long book across 1465 positions.

The portfolio is broadly diversified across 1465 positions (top 10 only 20%). Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, APPLE INC, ISHARES MSCI EAFE ETF, MICROSOFT CORP, JPMORGAN CHASE & CO.

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
Q3 2025
+2.8%
Q4 2025
-1.2%
Q1 2026
+10.4%

Sector allocation

Technology
29%
Financials
14%
Consumer discretionary
13%
Healthcare
12%
Industrials
8%
Services media
6%
Utilities
5%
Energy
4%

Long book by quarter

$2.13B
Q3 2025
$2.24B
Q4 2025
$2.39B
Q1 2026

What does FIRST HORIZON own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology273.4K$69.4M2.9%+9.9%
MSFT MICROSOFT CORPTechnology132.3K$49.0M2.0%+12.9%
JPM JPMORGAN CHASE & COFinancials156.7K$46.1M1.9%+16.5%
CSCO CISCO SYSTEMS INCTechnology515.7K$40.0M1.7%+19.4%
JNJ JOHNSON & JOHNSONHealthcare156.0K$38.1M1.6%+10.4%
AVGO BROADCOM INCTechnology111.4K$34.5M1.4%-4.2%
GOOG ALPHABET INC-CL CTechnology112.3K$32.2M1.3%-3.1%
IBM INTL BUSINESS MACHINES CORPTechnology125.6K$30.4M1.3%+40.5%
HD HOME DEPOT INCConsumer discretionary91.4K$30.1M1.3%+33.1%
XOM EXXON MOBIL CORPEnergy170.7K$29.0M1.2%+12.8%
MCD MCDONALD'S CORPConsumer discretionary90.4K$28.1M1.2%+26.2%
VZ VERIZON COMMUNICATIONS INCCommunications527.6K$26.5M1.1%+18.2%
WMT WALMART INCConsumer discretionary212.4K$26.4M1.1%+31.1%
TJX TJX COMPANIES INCConsumer discretionary156.3K$25.0M1.0%-4.1%
NVDA NVIDIA CORPTechnology132.6K$23.1M1.0%-3.7%
AMGN AMGEN INCHealthcare64.7K$22.8M1.0%+27.3%
BNY BANK OF NEW YORK MELLON CORPFinancials191.7K$22.7M1.0%+31.6%
LMT LOCKHEED MARTIN CORPIndustrials36.5K$22.1M0.9%-2.6%
PG PROCTER & GAMBLE CO/THEOther150.5K$21.7M0.9%+11.8%
GOOGL ALPHABET INC-CL ATechnology75.2K$21.6M0.9%-5.1%
AMZN AMAZON.COM INCConsumer discretionary102.3K$21.3M0.9%-2.8%
KO COCA-COLA CO/THEConsumer staples261.9K$19.9M0.8%+21.1%
SO SOUTHERN CO/THEUtilities201.9K$19.5M0.8%+29.6%
MRK MERCK & CO. INC.Healthcare160.5K$19.3M0.8%+38.1%
CVX CHEVRON CORPEnergy91.0K$18.8M0.8%+27.2%
TRV TRAVELERS COS INC/THEFinancials62.7K$18.3M0.8%-1.8%
AKAM AKAMAI TECHNOLOGIES INCServices media156.7K$18.0M0.8%+1.2%
ACN ACCENTURE PLC-CL AServices media86.8K$17.2M0.7%+22.2%
COST COSTCO WHOLESALE CORPConsumer discretionary16.2K$16.1M0.7%-2.9%
ABBV ABBVIE INCHealthcare70.8K$15.4M0.6%+2.6%
PEG PUBLIC SERVICE ENTERPRISE GPUtilities172.5K$14.0M0.6%+0.5%
META META PLATFORMS INC-CLASS ATechnology23.8K$13.6M0.6%-3.6%
MET METLIFE INCFinancials190.9K$13.5M0.6%+1.0%
PNC PNC FINANCIAL SERVICES GROUPFinancials62.8K$13.1M0.5%-1.2%
FTNT FORTINET INCTechnology159.4K$13.0M0.5%+4.5%
PM PHILIP MORRIS INTERNATIONALConsumer staples77.7K$12.8M0.5%+0.2%
BMY BRISTOL-MYERS SQUIBB COHealthcare211.4K$12.8M0.5%+72.8%
MCK MCKESSON CORPConsumer discretionary14.6K$12.7M0.5%-4.6%
EMR EMERSON ELECTRIC COIndustrials94.5K$12.4M0.5%+41.9%
DUK DUKE ENERGY CORPUtilities93.6K$12.3M0.5%+49.4%
PH PARKER HANNIFIN CORPIndustrials13.2K$11.8M0.5%-5.2%
LHX L3HARRIS TECHNOLOGIES INCTechnology32.7K$11.3M0.5%-5.4%
NFLX NETFLIX INCServices media114.0K$11.0M0.5%+3.3%
T AT&T INCCommunications368.3K$10.7M0.4%+28.4%
C CITIGROUP INCFinancials92.5K$10.5M0.4%-0.2%
ADBE ADOBE INCTechnology42.2K$10.3M0.4%+6.8%
ALL ALLSTATE CORPFinancials49.3K$10.2M0.4%-3.8%
LLY ELI LILLY & COHealthcare11.0K$10.1M0.4%+20.4%
WASH WASHINGTON TRUST BANCORPFinancials296.2K$9.9M0.4%New
GILD GILEAD SCIENCES INCHealthcare67.9K$9.5M0.4%-4.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 20262094$1.90B canonicalSEC ↗
Q4 202513F-HRJan 27, 20262215$2.06B canonicalSEC ↗
Q3 202513F-HROct 27, 20250$0 canonicalSEC ↗
Q2 202513F-NTAug 6, 2025$0 SEC ↗
Q1 202513F-NTApr 28, 2025$0 SEC ↗
Q4 202413F-NTJan 31, 2025$0 SEC ↗
Q3 202413F-NTNov 8, 2024$0 SEC ↗
Q2 202413F-NTJul 19, 2024$0 SEC ↗
Q1 202413F-NTApr 26, 2024$0 SEC ↗