Gruss & Co., LLC
Long book
$42.8M
Q1 2026
Positions
35
Top-10 weight
79%
concentration
Last quarter
+0.3%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsGruss & Co., LLC is a wealth-management firm allocating client money, running a $42.8M US long book across 35 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SPDR GOLD SHARES, RESERVOIR MEDIA INC, ISHARES MSCI ALL COUNTRY ASI, MICROSOFT CORP, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter ahead of the S&P 500, beating the index in 7 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
+6.9%
Q2 2024
+2.9%
Q3 2024
+3.2%
Q4 2024
-3.3%
Q1 2025
+13.4%
Q2 2025
+11.0%
Q3 2025
+7.0%
Q4 2025
+4.4%
Q1 2026
+0.3%
Sector allocation
Services media 32%
Technology 30%
Consumer discretionary 10%
Energy 10%
Utilities 6%
Financials 4%
Industrials 4%
Other 1%
Long book by quarter
What does Gruss & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| RSVR RESERVOIR MEDIA INC | Services media | 511.8K | $5.0M | 11.7% | +93.1% |
| MSFT MICROSOFT CORP | Technology | 5.0K | $1.9M | 4.3% | -16.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 8.0K | $1.7M | 3.9% | -38.5% |
| BSM BLACK STONE MINERALS LP | Energy | 71.0K | $1.1M | 2.5% | Held |
| AAPL APPLE INC | Technology | 4.2K | $1.1M | 2.5% | +55.6% |
| NVDA NVIDIA CORP | Technology | 5.5K | $959K | 2.2% | -8.3% |
| GOOGL ALPHABET INC-CL A | Technology | 2.5K | $719K | 1.7% | New |
| BE BLOOM ENERGY CORP- A | Industrials | 5.0K | $677K | 1.6% | -9.1% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 16.5K | $624K | 1.5% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 1.0K | $572K | 1.3% | -33.3% |
| ET ENERGY TRANSFER LP | Utilities | 24.0K | $463K | 1.1% | -4.0% |
| JPM JPMORGAN CHASE & CO | Financials | 1.5K | $441K | 1.0% | +50.0% |
| EXE EXPAND ENERGY CORP | Energy | 3.0K | $329K | 0.8% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 4.5K | $324K | 0.8% | New |
| EVR EVERCORE INC - A | Financials | 1.0K | $299K | 0.7% | New |
| EQT EQT CORP | Energy | 4.0K | $255K | 0.6% | New |
| SPHR SPHERE ENTERTAINMENT CO | Services media | 2.0K | $235K | 0.5% | New |
| DECK DECKERS OUTDOOR CORP | Other | 2.3K | $225K | 0.5% | Held |
| FRMI FERMI INC | Real estate | 37.5K | $219K | 0.5% | +275.0% |
| TMUS T-MOBILE US INC | Communications | 1.0K | $210K | 0.5% | Held |
| NG NOVAGOLD RESOURCES INC | Materials | 22.5K | $202K | 0.5% | -55.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 35 | $42.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 35 | $45.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 32 | $38.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 20 | $21.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 25 | $22.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 23 | $23.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 19 | $12.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 17 | $18.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 21 | $18.1M | canonical | SEC ↗ |