FPC INVESTMENT ADVISORY, INC.
Strategy in plain words
auto-generated from filingsFPC INVESTMENT ADVISORY, INC. is a wealth-management firm allocating client money, specialised in technology (90% of the long book), running a $200.5M US long book across 34 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: SCHWAB US LARGE-CAP ETF, ISHARES CORE 1-5 YEAR USD BO, VANGUARD INTERMEDIATE-TERM B, VANGUARD FTSE EUROPE ETF, ISHARES 20+ YEAR TREASURY BD.
Over the last 9 quarters its long book ran on average 1.5pp 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/optionsSector allocation
Long book by quarter
What does FPC INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 33.5K | $9.1M | 4.5% | Held |
| GOOG ALPHABET INC-CL C | Technology | 8.7K | $3.0M | 1.5% | Held |
| NVDA NVIDIA CORP | Technology | 13.9K | $2.9M | 1.4% | Held |
| AVGO BROADCOM INC | Technology | 4.9K | $2.1M | 1.0% | Held |
| MSFT MICROSOFT CORP | Technology | 1.3K | $568K | 0.3% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 753 | $508K | 0.3% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.6K | $435K | 0.2% | Held |
| ABBV ABBVIE INC | Healthcare | 1.9K | $380K | 0.2% | Held |
| C CITIGROUP INC | Financials | 2.5K | $320K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 686 | $236K | 0.1% | Held |
| PTEN PATTERSON-UTI ENERGY INC | Energy | 20.1K | $228K | 0.1% | Held |
| FLG FLAGSTAR BANK NA | Financials | 15.7K | $220K | 0.1% | Held |
| EBAY EBAY INC | Services media | 2.2K | $216K | 0.1% | Held |
| FATE FATE THERAPEUTICS INC | Healthcare | 26.5K | $35K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 34 | $200.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 34 | $182.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 28 | $166.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 28 | $160.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 27 | $145.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 283 | $136.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 97 | $117.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 97 | $111.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 86 | $101.4M | canonical | SEC ↗ |