FLP Wealth Management, LLC

Wealth advisor Mechanical consumer_discretionary specialist (61%) CIK 2052024
Long book
$48.5M
Q1 2026
Positions
53
Top-10 weight
48%
concentration
Last quarter
+3.4%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

FLP Wealth Management, LLC is a wealth-management firm allocating client money, specialised in consumer_discretionary (61% of the long book), running a $48.5M US long book across 53 positions.

The portfolio is moderately concentrated (top 10 ≈ 48% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: WALMART INC, JANUS HENDERSON MORTG BACKED, STERLING CAPITAL ENH CB ETF, ABRDN PHYSICAL SILVER SHARES, ISHARES 7-10 YEAR TREASURY B.

Over the last 6 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 3 of 6 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
Q4 2024
-0.2%
Q1 2025
+6.2%
Q2 2025
+7.8%
Q3 2025
+6.1%
Q4 2025
+1.6%
Q1 2026
+3.4%

Sector allocation

Consumer discretionary
86%
Technology
7%
Financials
5%
Industrials
3%

Long book by quarter

$39.1M
Q4 2024
$31.5M
Q1 2025
$35.6M
Q2 2025
$35.5M
Q3 2025
$42.2M
Q4 2025
$48.5M
Q1 2026

What does FLP Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
WMT WALMART INCConsumer discretionary44.8K$5.6M11.5%+3.9%
AAPL APPLE INCTechnology2.0K$501K1.0%+8.4%
CASY CASEY'S GENERAL STORES INCConsumer discretionary500$364K0.7%Held
RKT ROCKET COS INC-CLASS AFinancials22.9K$327K0.7%+50.7%
AMZN AMAZON.COM INCConsumer discretionary1.4K$296K0.6%+5.3%
DE DEERE & COIndustrials361$203K0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTApr 28, 202653$48.5M canonicalSEC ↗
Q1 202613F-HRApr 21, 202656$48.9M SEC ↗
Q4 202513F-HR/ARESTATEMENTApr 28, 202662$42.2M canonicalSEC ↗
Q4 202513F-HRJan 20, 202664$42.4M SEC ↗
Q3 202513F-HR/ARESTATEMENTOct 24, 202557$35.5M canonicalSEC ↗
Q3 202513F-HROct 15, 202561$36.0M SEC ↗
Q2 202513F-HROct 1, 202558$35.6M canonicalSEC ↗
Q1 202513F-HRJul 15, 202551$31.5M canonicalSEC ↗
Q4 202413F-HRJul 14, 2025471$39.1M canonicalSEC ↗