Galvin, Gaustad & Stein, LLC
Long book
$1.25B
Q1 2026
Positions
251
Top-10 weight
27%
concentration
Last quarter
+10.3%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsGalvin, Gaustad & Stein, LLC is a wealth-management firm allocating client money, running a $1.25B US long book across 251 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SS TECHNOLOGY SELECT SECTOR, ISHARES CORE MSCI EAFE ETF, VANGUARD FTSE DEVELOPED ETF, HCA HEALTHCARE INC, SCHWAB INTERMEDIATE-TERM US.
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
+0.4%
Q2 2024
+6.9%
Q3 2024
+0.5%
Q4 2024
+1.0%
Q1 2025
+4.4%
Q2 2025
+6.3%
Q3 2025
+1.1%
Q4 2025
-2.4%
Q1 2026
+10.3%
Sector allocation
Technology 25%
Healthcare 15%
Financials 14%
Industrials 12%
Consumer discretionary 12%
Services media 8%
Other 5%
Utilities 4%
Long book by quarter
What does Galvin, Gaustad own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HCA HCA HEALTHCARE INC | Healthcare | 59.2K | $28.0M | 2.2% | -12.1% |
| MSFT MICROSOFT CORP | Technology | 71.7K | $26.6M | 2.1% | +1.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 124.1K | $25.9M | 2.1% | +5.6% |
| GE GENERAL ELECTRIC | Industrials | 85.9K | $24.4M | 2.0% | +0.8% |
| NVDA NVIDIA CORP | Technology | 139.2K | $24.3M | 1.9% | +55.9% |
| AAPL APPLE INC | Technology | 88.7K | $22.5M | 1.8% | -1.7% |
| JPM JPMORGAN CHASE & CO | Financials | 68.2K | $20.1M | 1.6% | -33.6% |
| UBER UBER TECHNOLOGIES INC | Services media | 277.9K | $20.0M | 1.6% | +5.6% |
| V VISA INC-CLASS A SHARES | Services media | 58.8K | $17.8M | 1.4% | +5.0% |
| AXP AMERICAN EXPRESS CO | Financials | 55.6K | $16.8M | 1.3% | -4.8% |
| GOOG ALPHABET INC-CL C | Technology | 57.5K | $16.5M | 1.3% | -0.8% |
| UNP UNION PACIFIC CORP | Industrials | 66.9K | $16.2M | 1.3% | +2.6% |
| VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 35.2K | $15.7M | 1.3% | +2.7% |
| KO COCA-COLA CO/THE | Consumer staples | 202.3K | $15.4M | 1.2% | -30.7% |
| GOOGL ALPHABET INC-CL A | Technology | 52.3K | $15.0M | 1.2% | +2.3% |
| WFC 7.5 PERP L WELLS FARGO & COMPANY | — | 13.0K | $15.0M | 1.2% | -5.8% |
| WM WASTE MANAGEMENT INC | Utilities | 58.4K | $13.4M | 1.1% | -31.1% |
| GEHC GE HEALTHCARE TECHNOLOGY | Healthcare | 182.1K | $13.0M | 1.0% | -4.1% |
| AZO AUTOZONE INC | Consumer discretionary | 3.8K | $12.7M | 1.0% | -44.3% |
| CRH CRH PLC | Industrials | 117.1K | $12.3M | 1.0% | +1.4% |
| CG CARLYLE GROUP INC/THE | Financials | 223.7K | $10.8M | 0.9% | +9.3% |
| META META PLATFORMS INC-CLASS A | Technology | 18.5K | $10.6M | 0.8% | -0.4% |
| PGR PROGRESSIVE CORP | Financials | 53.0K | $10.5M | 0.8% | +7.9% |
| ZTS ZOETIS INC | Healthcare | 87.0K | $10.3M | 0.8% | +9.5% |
| QCOM QUALCOMM INC | Technology | 75.9K | $9.8M | 0.8% | +2.8% |
| WCC WESCO INTERNATIONAL INC | Consumer discretionary | 32.4K | $8.9M | 0.7% | +13.6% |
| MAT MATTEL INC | Other | 558.4K | $8.1M | 0.7% | -55.8% |
| PPL PPL CORP | Utilities | 175.5K | $6.7M | 0.5% | -69.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.2K | $6.2M | 0.5% | -2.6% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 3.8K | $5.0M | 0.4% | -72.0% |
| CVX CHEVRON CORP | Energy | 21.4K | $4.4M | 0.4% | -72.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 16.8K | $4.1M | 0.3% | -2.0% |
| MA MASTERCARD INC - A | Services media | 8.2K | $4.1M | 0.3% | -1.9% |
| HD HOME DEPOT INC | Consumer discretionary | 12.1K | $4.0M | 0.3% | -78.3% |
| XOM EXXON MOBIL CORP | Energy | 19.1K | $3.2M | 0.3% | -4.5% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 23.6K | $2.8M | 0.2% | -4.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.5K | $2.7M | 0.2% | -5.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.0K | $1.7M | 0.1% | -7.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 6.0K | $1.6M | 0.1% | -90.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 10.8K | $1.6M | 0.1% | -89.6% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 39.7K | $1.5M | 0.1% | -0.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 252 | $1.25B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 250 | $1.28B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 206 | $1.23B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 191 | $1.16B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 181 | $1.12B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 182 | $1.12B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 184 | $1.12B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 183 | $1.07B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 184 | $1.09B | canonical | SEC ↗ |