Friedenthal Financial
Long book
$199.1M
Q1 2026
Positions
243
Top-10 weight
37%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
49%
of book per quarter
Strategy in plain words
auto-generated from filingsFriedenthal Financial is a wealth-management firm allocating client money, running a $199.1M US long book across 243 positions.
The portfolio is moderately concentrated (top 10 ≈ 37% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P TOTAL U.S., SCHWAB US SMALL-CAP ETF, ISHARES CORE S&P MIDCAP ETF, ISHARES 0-3 MONTH TREASURY B, ISHARES 0-5 YEAR TIPS BOND E.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 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
+0.9%
Q2 2024
+7.6%
Q3 2024
-0.7%
Q4 2024
-3.6%
Q1 2025
+6.9%
Q2 2025
+5.2%
Q3 2025
+1.6%
Q4 2025
+0.7%
Q1 2026
+9.7%
Sector allocation
Industrials 22%
Utilities 12%
Technology 11%
Healthcare 10%
Financials 10%
Other 7%
Services media 7%
Consumer discretionary 5%
Long book by quarter
What does Friedenthal Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MRNA MODERNA INC | Healthcare | 21.6K | $1.1M | 0.6% | New |
| LRCX LAM RESEARCH CORP | Industrials | 5.1K | $1.1M | 0.5% | New |
| MU MICRON TECHNOLOGY INC | Technology | 3.2K | $1.1M | 0.5% | New |
| BIIB BIOGEN INC | Healthcare | 5.9K | $1.1M | 0.5% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.3K | $1.1M | 0.5% | New |
| IVZ INVESCO LTD | Financials | 44.7K | $1.1M | 0.5% | New |
| TNL TRAVEL + LEISURE CO | Services media | 15.7K | $1.1M | 0.5% | New |
| WDC WESTERN DIGITAL CORP | Technology | 4.0K | $1.1M | 0.5% | New |
| CL COLGATE-PALMOLIVE CO | Other | 12.7K | $1.1M | 0.5% | New |
| M MACY'S INC | Consumer discretionary | 59.5K | $1.1M | 0.5% | +1236.2% |
| CMI CUMMINS INC | Industrials | 2.0K | $1.1M | 0.5% | New |
| ELAN ELANCO ANIMAL HEALTH INC | Healthcare | 45.0K | $1.1M | 0.5% | New |
| CHRW C.H. ROBINSON WORLDWIDE INC | Industrials | 6.5K | $1.1M | 0.5% | New |
| NEM NEWMONT CORP | Materials | 9.9K | $1.1M | 0.5% | New |
| WU WESTERN UNION CO | Services media | 122.5K | $1.1M | 0.5% | New |
| CHD CHURCH & DWIGHT CO INC | Other | 11.4K | $1.1M | 0.5% | New |
| AAPL APPLE INC | Technology | 4.1K | $1.0M | 0.5% | +0.7% |
| DTE DTE ENERGY COMPANY | Utilities | 7.0K | $1.0M | 0.5% | New |
| GOOGL ALPHABET INC-CL A | Technology | 3.5K | $1.0M | 0.5% | +12.7% |
| COHR COHERENT CORP | Other | 4.2K | $1.0M | 0.5% | New |
| RGLD ROYAL GOLD INC | Financials | 3.9K | $1.0M | 0.5% | New |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 14.8K | $996K | 0.5% | New |
| FCX FREEPORT-MCMORAN INC | Materials | 16.9K | $992K | 0.5% | New |
| BC BRUNSWICK CORP | Industrials | 13.6K | $992K | 0.5% | New |
| ROKU ROKU INC | Communications | 10.5K | $992K | 0.5% | +15317.6% |
| HII HUNTINGTON INGALLS INDUSTRIE | Industrials | 2.6K | $986K | 0.5% | New |
| SYY SYSCO CORP | Consumer discretionary | 13.8K | $984K | 0.5% | New |
| MNST MONSTER BEVERAGE CORP | Consumer staples | 13.6K | $982K | 0.5% | New |
| ATI ATI INC | Industrials | 6.7K | $981K | 0.5% | New |
| TKO TKO GROUP HOLDINGS INC | Services media | 4.9K | $979K | 0.5% | New |
| PH PARKER HANNIFIN CORP | Industrials | 1.1K | $978K | 0.5% | New |
| HCA HCA HEALTHCARE INC | Healthcare | 2.1K | $978K | 0.5% | New |
| NEE NEXTERA ENERGY INC | Utilities | 10.5K | $976K | 0.5% | New |
| ATO ATMOS ENERGY CORP | Utilities | 5.3K | $976K | 0.5% | New |
| GM GENERAL MOTORS CO | Industrials | 13.1K | $974K | 0.5% | New |
| SO SOUTHERN CO/THE | Utilities | 10.1K | $973K | 0.5% | New |
| CMCSA COMCAST CORP-CLASS A | Communications | 33.9K | $973K | 0.5% | New |
| LNG CHENIERE ENERGY INC | Utilities | 3.4K | $962K | 0.5% | New |
| FTI TECHNIPFMC PLC | Industrials | 13.7K | $948K | 0.5% | -35.1% |
| AR ANTERO RESOURCES CORP | Energy | 22.3K | $947K | 0.5% | New |
| EOG EOG RESOURCES INC | Energy | 6.4K | $931K | 0.5% | New |
| NVDA NVIDIA CORP | Technology | 2.5K | $443K | 0.2% | +2.7% |
| ABBV ABBVIE INC | Healthcare | 1.3K | $274K | 0.1% | Held |
| GEV GE VERNOVA INC | Industrials | 300 | $262K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 244 | $199.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 251 | $194.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 266 | $193.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 260 | $182.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 212 | $167.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 13, 2025 | 257 | $171.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 17, 2024 | 228 | $170.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 223 | $160.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2024 | 221 | $162.5M | canonical | SEC ↗ |