FMB WEALTH MANAGEMENT
Long book
$241.7M
Q1 2026
Positions
73
Top-10 weight
64%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsFMB WEALTH MANAGEMENT is a wealth-management firm allocating client money, running a $241.7M US long book across 73 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US CORE EQUITY 2, DIMENSIONAL US VTOR EQTY ETF, AVANTIS U.S. EQUITY ETF, DIMENSIONAL WORLD EX US CORE, DIMENSIONAL INTR VTOR E ETF.
Over the last 9 quarters its long book ran on average 0.1pp 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
+2.2%
Q2 2024
+6.2%
Q3 2024
-1.1%
Q4 2024
-1.9%
Q1 2025
+9.6%
Q2 2025
+8.1%
Q3 2025
+3.7%
Q4 2025
+0.6%
Q1 2026
+11.9%
Sector allocation
Technology 46%
Healthcare 13%
Services media 11%
Energy 9%
Financials 9%
Industrials 7%
Consumer discretionary 2%
Other 2%
Long book by quarter
What does FMB WEALTH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 16.3K | $4.1M | 1.7% | -17.3% |
| NVDA NVIDIA CORP | Technology | 14.0K | $2.4M | 1.0% | -25.9% |
| AMGN AMGEN INC | Healthcare | 6.4K | $2.3M | 0.9% | -8.4% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 5.6K | $1.8M | 0.8% | -1.4% |
| CVX CHEVRON CORP | Energy | 7.8K | $1.6M | 0.7% | -6.9% |
| GOOGL ALPHABET INC-CL A | Technology | 2.6K | $758K | 0.3% | -34.7% |
| MSFT MICROSOFT CORP | Technology | 1.8K | $680K | 0.3% | -46.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.3K | $639K | 0.3% | -24.2% |
| GOOG ALPHABET INC-CL C | Technology | 2.2K | $617K | 0.3% | -37.6% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 6.3K | $589K | 0.2% | -5.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.3K | $478K | 0.2% | -46.7% |
| TSLA TESLA INC | Industrials | 1.3K | $474K | 0.2% | -29.3% |
| NFLX NETFLIX INC | Services media | 4.7K | $449K | 0.2% | -18.2% |
| MU MICRON TECHNOLOGY INC | Technology | 1.2K | $414K | 0.2% | -14.3% |
| META META PLATFORMS INC-CLASS A | Technology | 678 | $388K | 0.2% | -42.2% |
| BA BOEING CO/THE | Industrials | 1.9K | $384K | 0.2% | -6.1% |
| AVGO BROADCOM INC | Technology | 1.2K | $379K | 0.2% | -45.3% |
| LRCX LAM RESEARCH CORP | Industrials | 1.8K | $376K | 0.2% | -14.6% |
| ROK ROCKWELL AUTOMATION INC | Other | 974 | $350K | 0.1% | -2.9% |
| BAC BANK OF AMERICA CORP | Financials | 7.0K | $340K | 0.1% | -19.8% |
| XOM EXXON MOBIL CORP | Energy | 1.8K | $310K | 0.1% | -37.2% |
| ANAB ANAPTYSBIO INC | Healthcare | 5.6K | $310K | 0.1% | Held |
| CAT CATERPILLAR INC | Industrials | 383 | $271K | 0.1% | -22.3% |
| C CITIGROUP INC | Financials | 2.3K | $259K | 0.1% | -12.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 975 | $238K | 0.1% | -31.7% |
| NEE NEXTERA ENERGY INC | Utilities | 2.3K | $211K | 0.1% | -18.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 98 | $241.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 128 | $253.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 126 | $236.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 117 | $234.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 103 | $204.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 89 | $177.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 102 | $176.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Nov 4, 2024 | 93 | $131.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Nov 4, 2024 | 89 | $125.4M | canonical | SEC ↗ |