Glassman Wealth Services
Long book
$735.5M
Q1 2026
Positions
187
Top-10 weight
90%
concentration
Last quarter
+12.6%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsGlassman Wealth Services is a wealth-management firm allocating client money, specialised in industrials (97% of the long book), running a $735.5M US long book across 187 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, SCHWAB FNDMNTL US LRG CO ETF, VANGUARD FTSE ALL-WORLD EX-U, WISDOMTREE U.S. QUALITY DIVI, DIMENSIONAL WORLD EX US CORE.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 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
+2.0%
Q2 2024
+7.0%
Q3 2024
+0.2%
Q4 2024
-1.0%
Q1 2025
+8.1%
Q2 2025
+7.8%
Q3 2025
+3.0%
Q4 2025
-0.3%
Q1 2026
+12.6%
Sector allocation
Industrials 100%
Long book by quarter
What does Glassman Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SNA SNAP-ON INC | Industrials | 101.0K | $36.7M | 5.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 187 | $735.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 195 | $741.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 186 | $711.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 182 | $652.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 211 | $597.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 175 | $594.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 181 | $586.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 192 | $542.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 204 | $495.0M | canonical | SEC ↗ |