First Pacific Financial
Long book
$776.5M
Q1 2026
Positions
663
Top-10 weight
59%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
32%
of book per quarter
Strategy in plain words
auto-generated from filingsFirst Pacific Financial is a wealth-management firm allocating client money, running a $776.5M US long book across 663 positions.
The portfolio is concentrated: the top 10 names carry 59% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: JPMORGAN CORE PLUS BOND ETF, TCW FLEXIBLE INCOME ETF, DIMENSIONAL WORLD EQTY ETF, VANGUARD GROWTH ETF, ISHARES MSCI EAFE ETF.
Over the last 9 quarters its long book ran on average 1.4pp 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
+1.1%
Q2 2024
+6.5%
Q3 2024
-0.6%
Q4 2024
-3.3%
Q1 2025
+6.7%
Q2 2025
+5.4%
Q3 2025
+2.4%
Q4 2025
-0.4%
Q1 2026
+10.2%
Sector allocation
Technology 24%
Financials 20%
Healthcare 15%
Industrials 12%
Other 7%
Utilities 6%
Consumer discretionary 6%
Energy 5%
Long book by quarter
What does First Pacific own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 20.7K | $7.6M | 1.0% | +0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 24.1K | $7.1M | 0.9% | -7.8% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 58.5K | $6.9M | 0.9% | -3.8% |
| ABBV ABBVIE INC | Healthcare | 29.1K | $6.3M | 0.8% | -1.3% |
| CSCO CISCO SYSTEMS INC | Technology | 77.7K | $6.0M | 0.8% | -1.9% |
| TRV TRAVELERS COS INC/THE | Financials | 19.9K | $5.8M | 0.7% | -2.4% |
| RTX RTX CORP | Industrials | 29.7K | $5.7M | 0.7% | +0.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 22.6K | $5.5M | 0.7% | -1.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 21.8K | $5.3M | 0.7% | 0.0% |
| MRK MERCK & CO. INC. | Healthcare | 43.4K | $5.2M | 0.7% | -6.3% |
| NVDA NVIDIA CORP | Technology | 28.9K | $5.0M | 0.6% | +14.9% |
| NTRS NORTHERN TRUST CORP | Financials | 32.8K | $4.6M | 0.6% | +1.6% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 34.6K | $4.5M | 0.6% | +1.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.5K | $4.5M | 0.6% | -0.3% |
| CVX CHEVRON CORP | Energy | 21.6K | $4.5M | 0.6% | -2.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 30.6K | $4.4M | 0.6% | +2.8% |
| AAPL APPLE INC | Technology | 15.5K | $3.9M | 0.5% | -4.1% |
| MDT MEDTRONIC PLC | Healthcare | 45.0K | $3.9M | 0.5% | +2.1% |
| ROK ROCKWELL AUTOMATION INC | Other | 10.6K | $3.8M | 0.5% | -2.0% |
| PEP PEPSICO INC | Consumer staples | 24.2K | $3.8M | 0.5% | +1.8% |
| TTE TOTALENERGIES SE | Energy | 38.8K | $3.5M | 0.5% | -1.2% |
| PRU PRUDENTIAL FINANCIAL INC | Financials | 31.7K | $3.1M | 0.4% | -0.2% |
| PFE PFIZER INC | Healthcare | 103.7K | $2.9M | 0.4% | +21.5% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 27.5K | $2.7M | 0.3% | +0.9% |
| GOOG ALPHABET INC-CL C | Technology | 6.9K | $2.0M | 0.3% | -3.9% |
| NEE NEXTERA ENERGY INC | Utilities | 20.5K | $1.9M | 0.2% | +4.9% |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.9K | $1.6M | 0.2% | -1.6% |
| GOOGL ALPHABET INC-CL A | Technology | 5.2K | $1.5M | 0.2% | -9.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.2% | Held |
| WM WASTE MANAGEMENT INC | Utilities | 6.0K | $1.4M | 0.2% | +1.1% |
| ADI ANALOG DEVICES INC | Technology | 4.2K | $1.3M | 0.2% | -0.5% |
| CMI CUMMINS INC | Industrials | 2.5K | $1.3M | 0.2% | -3.5% |
| GRMN GARMIN LTD | Technology | 5.4K | $1.2M | 0.2% | +0.2% |
| AMD ADVANCED MICRO DEVICES | Technology | 6.1K | $1.2M | 0.2% | -3.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.9K | $1.2M | 0.2% | -6.7% |
| PH PARKER HANNIFIN CORP | Industrials | 1.4K | $1.2M | 0.2% | -7.5% |
| ECL ECOLAB INC | Other | 4.4K | $1.2M | 0.2% | -0.2% |
| ETN EATON CORP PLC | Industrials | 3.2K | $1.1M | 0.1% | +1.3% |
| V VISA INC-CLASS A SHARES | Services media | 3.7K | $1.1M | 0.1% | -6.8% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 828 | $1.1M | 0.1% | -0.5% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 2.7K | $1.1M | 0.1% | -0.2% |
| HD HOME DEPOT INC | Consumer discretionary | 3.1K | $1.0M | 0.1% | -4.1% |
| DE DEERE & CO | Industrials | 1.8K | $990K | 0.1% | -0.3% |
| CRM SALESFORCE INC | Technology | 5.2K | $974K | 0.1% | -15.1% |
| CAT CATERPILLAR INC | Industrials | 1.4K | $961K | 0.1% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.9K | $908K | 0.1% | +0.9% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 1.8K | $904K | 0.1% | +1.9% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 3.0K | $878K | 0.1% | +2.9% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 2.6K | $846K | 0.1% | +1.6% |
| BLK BLACKROCK INC | Financials | 880 | $846K | 0.1% | -1.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 663 | $776.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 487 | $765.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 532 | $719.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 474 | $678.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 526 | $492.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 400 | $429.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 385 | $427.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 383 | $389.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 423 | $358.0M | canonical | SEC ↗ |