FLC Capital Advisors
Long book
$551.3M
Q1 2026
Positions
214
Top-10 weight
47%
concentration
Last quarter
+9.0%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsFLC Capital Advisors is a wealth-management firm allocating client money, running a $551.3M US long book across 214 positions.
The portfolio is moderately concentrated (top 10 ≈ 47% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB SHORT-TERM US TREAS, VANGUARD VALUE ETF, SCHWAB INTERMEDIATE-TERM US, SCHWAB US LARGE-CAP GROWTH, SCHWAB INTL EQUITY ETF.
Over the last 9 quarters its long book ran on average 0.9pp 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
+2.5%
Q2 2024
+5.5%
Q3 2024
+0.4%
Q4 2024
-0.8%
Q1 2025
+6.3%
Q2 2025
+6.2%
Q3 2025
+3.4%
Q4 2025
+0.0%
Q1 2026
+9.0%
Sector allocation
Technology 37%
Energy 11%
Healthcare 11%
Financials 10%
Consumer discretionary 9%
Industrials 8%
Utilities 5%
Consumer staples 3%
Long book by quarter
What does FLC Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 81.2K | $20.6M | 3.7% | +1.2% |
| MRK MERCK & CO. INC. | Healthcare | 87.4K | $10.5M | 1.9% | -2.0% |
| CVX CHEVRON CORP | Energy | 45.1K | $9.3M | 1.7% | -3.2% |
| GOOGL ALPHABET INC-CL A | Technology | 29.4K | $8.5M | 1.5% | +3.5% |
| MSFT MICROSOFT CORP | Technology | 20.9K | $7.7M | 1.4% | +2.2% |
| XOM EXXON MOBIL CORP | Energy | 41.5K | $7.0M | 1.3% | -0.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 33.6K | $7.0M | 1.3% | +15.9% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 27.9K | $6.8M | 1.2% | -0.7% |
| GOOG ALPHABET INC-CL C | Technology | 22.0K | $6.3M | 1.1% | -0.9% |
| NVDA NVIDIA CORP | Technology | 33.0K | $5.8M | 1.0% | -2.9% |
| ENB ENBRIDGE INC | Energy | 90.4K | $4.9M | 0.9% | -4.7% |
| JPM JPMORGAN CHASE & CO | Financials | 16.1K | $4.7M | 0.9% | +1.3% |
| META META PLATFORMS INC-CLASS A | Technology | 7.7K | $4.4M | 0.8% | -3.9% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 111.5K | $4.2M | 0.8% | -1.5% |
| WMT WALMART INC | Consumer discretionary | 33.2K | $4.1M | 0.7% | -4.9% |
| CAT CATERPILLAR INC | Industrials | 5.8K | $4.1M | 0.7% | -5.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.8K | $3.4M | 0.6% | -0.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 6.8K | $3.3M | 0.6% | -7.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.4K | $2.4M | 0.4% | -1.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 13.8K | $2.3M | 0.4% | -5.0% |
| NEE NEXTERA ENERGY INC | Utilities | 23.6K | $2.2M | 0.4% | -0.9% |
| BAC BANK OF AMERICA CORP | Financials | 44.2K | $2.2M | 0.4% | -0.7% |
| PFE PFIZER INC | Healthcare | 68.9K | $1.9M | 0.4% | -2.3% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 18.8K | $1.8M | 0.3% | -9.5% |
| CMI CUMMINS INC | Industrials | 2.9K | $1.6M | 0.3% | Held |
| SCHW SCHWAB (CHARLES) CORP | Financials | 15.8K | $1.5M | 0.3% | +2.7% |
| NFLX NETFLIX INC | Services media | 15.3K | $1.5M | 0.3% | -0.9% |
| CSCO CISCO SYSTEMS INC | Technology | 18.9K | $1.5M | 0.3% | -0.1% |
| PANW PALO ALTO NETWORKS INC | Technology | 9.1K | $1.5M | 0.3% | +10.9% |
| RTX RTX CORP | Industrials | 6.9K | $1.3M | 0.2% | -3.9% |
| QCOM QUALCOMM INC | Technology | 9.4K | $1.2M | 0.2% | +0.5% |
| CME CME GROUP INC | Financials | 4.0K | $1.2M | 0.2% | -48.0% |
| TGT TARGET CORP | Consumer discretionary | 9.6K | $1.2M | 0.2% | 0.0% |
| ABBV ABBVIE INC | Healthcare | 5.3K | $1.1M | 0.2% | -2.1% |
| TSLA TESLA INC | Industrials | 3.1K | $1.1M | 0.2% | -1.2% |
| ARCC ARES CAPITAL CORP | — | 62.2K | $1.1M | 0.2% | +21.7% |
| AVGO BROADCOM INC | Technology | 3.3K | $1.0M | 0.2% | +5.4% |
| LLY ELI LILLY & CO | Healthcare | 1.1K | $1.0M | 0.2% | -4.8% |
| B BARRICK MINING CORP | Materials | 25.0K | $1.0M | 0.2% | -4.0% |
| UBER UBER TECHNOLOGIES INC | Services media | 13.7K | $989K | 0.2% | +4.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 19.3K | $967K | 0.2% | 0.0% |
| KLAC KLA CORP | Other | 647 | $953K | 0.2% | -11.0% |
| V VISA INC-CLASS A SHARES | Services media | 3.1K | $925K | 0.2% | +2.9% |
| MA MASTERCARD INC - A | Services media | 1.8K | $895K | 0.2% | +14.5% |
| MO ALTRIA GROUP INC | Consumer staples | 13.0K | $861K | 0.2% | -7.2% |
| SBUX STARBUCKS CORP | Consumer discretionary | 9.6K | $860K | 0.2% | 0.0% |
| FDX FEDEX CORP | Industrials | 2.4K | $854K | 0.2% | Held |
| FFWM FIRST FOUNDATION INC | — | 144.6K | $853K | 0.2% | Held |
| FTNT FORTINET INC | Technology | 10.3K | $842K | 0.2% | Held |
| FCX FREEPORT-MCMORAN INC | Materials | 14.0K | $825K | 0.1% | +3.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 221 | $560.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 209 | $541.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 17, 2025 | 211 | $516.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 201 | $483.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 184 | $445.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 174 | $434.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 172 | $433.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 168 | $406.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 164 | $395.9M | canonical | SEC ↗ |