GUGGENHEIM CAPITAL LLC

Diversified mechanical Mechanical CIK 1283072
League rank
#33
in Diversified mechanical · #1332 overall
Long book
$12.53B
Q1 2026
Positions
1593
Top-10 weight
20%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

GUGGENHEIM CAPITAL LLC is a mechanically diversified allocator, running a $12.53B US long book across 1593 positions.

The portfolio is broadly diversified across 1593 positions (top 10 only 20%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, BROADCOM INC, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 5 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
+2.6%
Q2 2024
+5.8%
Q3 2024
+0.6%
Q4 2024
-3.1%
Q1 2025
+9.0%
Q2 2025
+7.1%
Q3 2025
+3.0%
Q4 2025
-2.0%
Q1 2026
+15.7%

Sector allocation

Technology
37%
Industrials
11%
Consumer discretionary
10%
Healthcare
10%
Financials
7%
Utilities
6%
Services media
5%
Consumer staples
3%

Long book by quarter

$14.08B
Q1 2024
$13.95B
Q2 2024
$14.09B
Q3 2024
$12.10B
Q4 2024
$10.63B
Q1 2025
$12.30B
Q2 2025
$13.45B
Q3 2025
$13.61B
Q4 2025
$12.53B
Q1 2026

What does GUGGENHEIM CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology2.6M$451.3M3.6%-16.9%
AAPL APPLE INCTechnology1.5M$371.5M3.0%-17.2%
MSFT MICROSOFT CORPTechnology803.7K$297.5M2.4%-14.9%
AVGO BROADCOM INCTechnology778.5K$241.0M1.9%-9.5%
AMZN AMAZON.COM INCConsumer discretionary1.1M$223.6M1.8%-16.0%
GOOGL ALPHABET INC-CL ATechnology718.7K$206.7M1.6%-16.9%
META META PLATFORMS INC-CLASS ATechnology329.4K$188.4M1.5%-15.0%
LRCX LAM RESEARCH CORPIndustrials813.8K$173.9M1.4%-8.9%
WMT WALMART INCConsumer discretionary1.3M$158.1M1.3%+274.3%
MU MICRON TECHNOLOGY INCTechnology440.3K$148.7M1.2%-15.3%
TSLA TESLA INCIndustrials386.0K$143.5M1.1%-5.9%
AMAT APPLIED MATERIALS INCTechnology415.5K$142.0M1.1%-14.3%
COST COSTCO WHOLESALE CORPConsumer discretionary134.6K$134.1M1.1%-12.7%
CSCO CISCO SYSTEMS INCTechnology1.7M$129.1M1.0%-11.8%
GOOG ALPHABET INC-CL CTechnology425.6K$122.1M1.0%-20.4%
AMD ADVANCED MICRO DEVICESTechnology529.5K$107.7M0.9%-11.2%
NFLX NETFLIX INCServices media1.0M$96.5M0.8%-15.2%
MRK MERCK & CO. INC.Healthcare794.9K$95.6M0.8%+2.7%
WM WASTE MANAGEMENT INCUtilities375.5K$86.3M0.7%-0.8%
QCOM QUALCOMM INCTechnology663.5K$85.4M0.7%-11.9%
PEP PEPSICO INCConsumer staples550.1K$85.4M0.7%-8.5%
V VISA INC-CLASS A SHARESServices media271.0K$81.9M0.7%-4.0%
AMGN AMGEN INCHealthcare225.9K$79.5M0.6%-10.5%
JNJ JOHNSON & JOHNSONHealthcare299.9K$73.3M0.6%-9.1%
CVX CHEVRON CORPEnergy351.8K$72.8M0.6%+9.8%
KLAC KLA CORPOther48.7K$71.7M0.6%-12.5%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology469.2K$68.6M0.5%-18.7%
XOM EXXON MOBIL CORPEnergy396.3K$67.2M0.5%-6.8%
JPM JPMORGAN CHASE & COFinancials228.5K$67.2M0.5%-8.1%
BKNG BOOKING HOLDINGS INCIndustrials15.6K$65.5M0.5%-7.7%
MA MASTERCARD INC - AServices media122.0K$61.0M0.5%-1.2%
ADI ANALOG DEVICES INCTechnology186.6K$59.4M0.5%-13.5%
GILD GILEAD SCIENCES INCHealthcare416.5K$58.0M0.5%-19.6%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary627.1K$57.9M0.5%+5.0%
MCD MCDONALD'S CORPConsumer discretionary183.1K$56.9M0.5%-3.8%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples977.8K$56.4M0.4%-8.0%
ADBE ADOBE INCTechnology221.3K$53.8M0.4%-8.0%
ABBV ABBVIE INCHealthcare245.7K$53.4M0.4%-7.4%
GS GOLDMAN SACHS GROUP INCFinancials62.8K$53.2M0.4%-6.9%
HON HONEYWELL INTERNATIONAL INCIndustrials230.0K$52.0M0.4%-8.8%
KO COCA-COLA CO/THEConsumer staples678.0K$51.6M0.4%-3.0%
VZ VERIZON COMMUNICATIONS INCCommunications1.0M$51.2M0.4%+1.1%
INTC INTEL CORPTechnology1.1M$50.6M0.4%-14.8%
CMCSA COMCAST CORP-CLASS ACommunications1.7M$50.2M0.4%-4.0%
UNP UNION PACIFIC CORPIndustrials200.0K$48.5M0.4%-1.0%
HD HOME DEPOT INCConsumer discretionary143.1K$47.1M0.4%+12.1%
MRVL MARVELL TECHNOLOGY INCTechnology470.5K$46.6M0.4%+6.4%
SNPS SYNOPSYS INCTechnology114.8K$45.5M0.4%-10.6%
LIN LINDE PLCMaterials91.8K$45.5M0.4%+5.5%
VRTX VERTEX PHARMACEUTICALS INCHealthcare100.4K$44.8M0.4%-0.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262956$12.89B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20263138$13.97B canonicalSEC ↗
Q3 202513F-HRNov 13, 20252922$13.78B canonicalSEC ↗
Q2 202513F-HRAug 13, 20252973$12.60B canonicalSEC ↗
Q1 202513F-HRMay 14, 20253116$10.89B canonicalSEC ↗
Q4 202413F-HRFeb 13, 20253165$12.34B canonicalSEC ↗
Q3 202413F-HRNov 13, 20243640$14.29B canonicalSEC ↗
Q2 202413F-HRAug 14, 20243737$14.10B canonicalSEC ↗
Q1 202413F-HRMay 14, 20243760$14.19B canonicalSEC ↗