Flower City Capital
Long book
$199.3M
Q1 2026
Positions
46
Top-10 weight
90%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsFlower City Capital is a wealth-management firm allocating client money, running a $199.3M US long book across 46 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD RUSSELL 1000, VANGUARD FTSE ALL-WORLD EX-U, VANGUARD S&P 500 ETF, ISHARES CORE S&P 500 ETF, VANGUARD FTSE ALL WO X-US SC.
Over the last 9 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 5 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
+6.4%
Q3 2024
-1.2%
Q4 2024
-0.9%
Q1 2025
+11.0%
Q2 2025
+7.9%
Q3 2025
+3.4%
Q4 2025
-1.9%
Q1 2026
+13.1%
Sector allocation
Technology 59%
Consumer discretionary 12%
Financials 12%
Energy 6%
Industrials 5%
Healthcare 4%
Materials 2%
Long book by quarter
What does Flower City own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 15.0K | $3.8M | 1.9% | -0.2% |
| NVDA NVIDIA CORP | Technology | 7.4K | $1.3M | 0.6% | +0.7% |
| MSFT MICROSOFT CORP | Technology | 3.2K | $1.2M | 0.6% | +0.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.5K | $942K | 0.5% | +2.5% |
| CVX CHEVRON CORP | Energy | 3.8K | $790K | 0.4% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $649K | 0.3% | +0.7% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 1.1K | $521K | 0.3% | New |
| GOOG ALPHABET INC-CL C | Technology | 1.4K | $415K | 0.2% | +7.9% |
| GE GENERAL ELECTRIC | Industrials | 1.3K | $381K | 0.2% | +1.5% |
| HD HOME DEPOT INC | Consumer discretionary | 1.1K | $362K | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.2K | $344K | 0.2% | +1.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 695 | $333K | 0.2% | +43.3% |
| TPG TPG INC | Financials | 7.2K | $290K | 0.1% | Held |
| IMRX IMMUNEERING CORP - CLASS A | Healthcare | 55.0K | $290K | 0.1% | +30.3% |
| GEV GE VERNOVA INC | Industrials | 329 | $287K | 0.1% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.2K | $285K | 0.1% | Held |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 2.1K | $279K | 0.1% | New |
| WMT WALMART INC | Consumer discretionary | 1.9K | $240K | 0.1% | +0.6% |
| KURA KURA ONCOLOGY INC | Healthcare | 18.0K | $146K | 0.1% | +50.0% |
| PGEN PRECIGEN INC | Healthcare | 20.0K | $77K | 0.0% | -4.8% |
| OTLK OUTLOOK THERAPEUTICS INC | Healthcare | 20.0K | $4K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 46 | $199.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 44 | $196.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 8, 2025 | 43 | $186.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 39 | $169.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 38 | $152.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 34 | $163.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 33 | $170.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 32 | $154.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 32 | $150.5M | canonical | SEC ↗ |