Forbes Financial Planning, Inc.
Long book
$173.1M
Q1 2026
Positions
38
Top-10 weight
70%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsForbes Financial Planning, Inc. is a wealth-management firm allocating client money, running a $173.1M US long book across 38 positions.
The portfolio is concentrated: the top 10 names carry 70% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: FIDELITY TOTAL BOND ETF, VANGUARD S/T CORP BOND ETF, ISHARES CORE S&P 500 ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD SMALL-CAP VALUE ETF.
Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 2 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
+1.3%
Q2 2024
+6.5%
Q3 2024
-1.1%
Q4 2024
-4.6%
Q1 2025
+5.4%
Q2 2025
+6.5%
Q3 2025
+2.1%
Q4 2025
-0.2%
Q1 2026
+9.2%
Sector allocation
Technology 77%
Consumer discretionary 7%
Consumer staples 7%
Services media 3%
Utilities 3%
Healthcare 3%
Long book by quarter
What does Forbes Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 19.8K | $5.0M | 2.9% | -33.1% |
| MSFT MICROSOFT CORP | Technology | 2.0K | $726K | 0.4% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.9K | $604K | 0.3% | New |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 3.5K | $572K | 0.3% | Held |
| APH AMPHENOL CORP-CL A | Technology | 2.3K | $303K | 0.2% | +35.3% |
| V VISA INC-CLASS A SHARES | Services media | 904 | $273K | 0.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 950 | $273K | 0.2% | Held |
| SO SOUTHERN CO/THE | Utilities | 2.4K | $232K | 0.1% | Held |
| AMGN AMGEN INC | Healthcare | 641 | $226K | 0.1% | Held |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.4K | $208K | 0.1% | -32.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 38 | $173.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 36 | $171.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 32 | $151.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 34 | $148.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 31 | $135.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 31 | $206.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 30 | $138.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 30 | $127.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 29 | $116.2M | canonical | SEC ↗ |