Graves Light Lenhart Wealth, Inc.

Wealth advisor Mechanical CIK 1759803
League rank
#2517
in Wealth advisor · #5906 overall
Long book
$961.1M
Q1 2026
Positions
197
Top-10 weight
48%
concentration
Last quarter
+9.0%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

Graves Light Lenhart Wealth, Inc. is a wealth-management firm allocating client money, running a $961.1M US long book across 197 positions.

The portfolio is moderately concentrated (top 10 ≈ 48% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE U.S. AGGREGATE, ISHARES CORE MSCI EAFE ETF, DIMENSIONAL CORE FIXED INC, ISHARES CORE S&P SMALL-CAP E, BERKSHIRE HATHAWAY INC-CL B.

Over the last 9 quarters its long book ran on average 1.3pp 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
+1.2%
Q2 2024
+6.5%
Q3 2024
-1.1%
Q4 2024
+0.5%
Q1 2025
+3.8%
Q2 2025
+6.0%
Q3 2025
+3.1%
Q4 2025
+0.1%
Q1 2026
+9.0%

Sector allocation

Technology
33%
Financials
30%
Consumer discretionary
11%
Energy
8%
Healthcare
4%
Industrials
4%
Utilities
3%
Other
2%

Long book by quarter

$863.1M
Q1 2024
$874.3M
Q2 2024
$813.1M
Q3 2024
$804.4M
Q4 2024
$814.7M
Q1 2025
$840.4M
Q2 2025
$901.1M
Q3 2025
$942.9M
Q4 2025
$961.1M
Q1 2026

What does Graves Light own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials73.7K$35.3M3.7%-0.8%
AAPL APPLE INCTechnology108.1K$27.4M2.9%-0.2%
GOOGL ALPHABET INC-CL ATechnology69.7K$20.0M2.1%-0.7%
AMZN AMAZON.COM INCConsumer discretionary50.6K$10.5M1.1%-0.2%
CVX CHEVRON CORPEnergy39.1K$8.1M0.8%-1.2%
JPM JPMORGAN CHASE & COFinancials26.3K$7.7M0.8%-25.9%
GOOG ALPHABET INC-CL CTechnology24.6K$7.1M0.7%-0.9%
SYY SYSCO CORPConsumer discretionary96.5K$6.9M0.7%Held
XOM EXXON MOBIL CORPEnergy31.4K$5.3M0.6%-1.2%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials6$4.3M0.4%Held
MSFT MICROSOFT CORPTechnology11.5K$4.2M0.4%-1.5%
PKG PACKAGING CORP OF AMERICAOther13.0K$2.8M0.3%Held
DIS WALT DISNEY CO/THEServices media26.5K$2.6M0.3%-1.7%
TFC TRUIST FINANCIAL CORPFinancials51.4K$2.4M0.2%+13.8%
COST COSTCO WHOLESALE CORPConsumer discretionary2.3K$2.3M0.2%-20.5%
MRK MERCK & CO. INC.Healthcare18.3K$2.2M0.2%-1.3%
PG PROCTER & GAMBLE CO/THEOther15.1K$2.2M0.2%-1.3%
DUK DUKE ENERGY CORPUtilities16.4K$2.1M0.2%-1.5%
LLY ELI LILLY & COHealthcare2.3K$2.1M0.2%-7.9%
JNJ JOHNSON & JOHNSONHealthcare7.3K$1.8M0.2%+0.5%
D DOMINION ENERGY INCUtilities27.1K$1.7M0.2%-1.8%
WFC WELLS FARGO & COFinancials20.7K$1.6M0.2%0.0%
BAC BANK OF AMERICA CORPFinancials24.8K$1.2M0.1%0.0%
EMR EMERSON ELECTRIC COIndustrials8.9K$1.2M0.1%Held
AVGO BROADCOM INCTechnology3.6K$1.1M0.1%Held
PEP PEPSICO INCConsumer staples6.7K$1.0M0.1%-0.1%
NVDA NVIDIA CORPTechnology5.9K$1.0M0.1%Held
EOG EOG RESOURCES INCEnergy7.1K$1.0M0.1%-0.8%
ORCL ORACLE CORPTechnology6.6K$975K0.1%-1.5%
VZ VERIZON COMMUNICATIONS INCCommunications18.8K$942K0.1%-5.7%
MCK MCKESSON CORPConsumer discretionary1.1K$916K0.1%Held
AEP AMERICAN ELECTRIC POWERUtilities6.9K$900K0.1%Held
MCD MCDONALD'S CORPConsumer discretionary2.9K$889K0.1%Held
CAT CATERPILLAR INCIndustrials1.2K$853K0.1%-0.6%
ELV ELEVANCE HEALTH INCFinancials2.9K$850K0.1%0.0%
CSX CSX CORPIndustrials20.6K$845K0.1%+0.1%
UVSP UNIVEST FINANCIAL CORPFinancials24.4K$838K0.1%New
ABBV ABBVIE INCHealthcare3.8K$820K0.1%-2.6%
SO SOUTHERN CO/THEUtilities8.5K$816K0.1%+0.1%
GE GENERAL ELECTRICIndustrials2.9K$813K0.1%Held
AXP AMERICAN EXPRESS COFinancials2.6K$787K0.1%-0.3%
PNC PNC FINANCIAL SERVICES GROUPFinancials3.6K$749K0.1%Held
IBM INTL BUSINESS MACHINES CORPTechnology3.0K$728K0.1%-7.3%
GLW CORNING INCIndustrials5.2K$708K0.1%+0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 8, 2026197$961.1M canonicalSEC ↗
Q4 202513F-HRJan 9, 2026191$942.9M canonicalSEC ↗
Q3 202513F-HROct 7, 2025193$901.1M canonicalSEC ↗
Q2 202513F-HRJul 9, 2025192$840.4M canonicalSEC ↗
Q1 202513F-HRApr 9, 2025187$814.7M canonicalSEC ↗
Q4 202413F-HRJan 14, 2025185$804.4M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024191$813.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024182$874.3M canonicalSEC ↗
Q1 202413F-HRMay 13, 2024185$863.1M canonicalSEC ↗