Halter Ferguson Financial Inc.

Fundamental concentrated ★Highest signal CIK 1842665
League rank
#225
in Fundamental concentrated · #395 overall
Long book
$452.3M
Q1 2026
Positions
36
Top-10 weight
90%
concentration
Last quarter
+23.0%
SPY +14.8%
Turnover
23%
of book per quarter

Strategy in plain words

auto-generated from filings

Halter Ferguson Financial Inc. is a concentrated fundamental stock-picker, running a $452.3M US long book across 36 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: TESLA INC, INVESCO QQQ TRUST SERIES 1, UPSTART HOLDINGS INC, LEMONADE INC, MICRON TECHNOLOGY INC.

Over the last 9 quarters its long book ran on average 7.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.8%
Q2 2024
+16.2%
Q3 2024
+35.8%
Q4 2024
-26.0%
Q1 2025
+22.8%
Q2 2025
+36.9%
Q3 2025
+0.6%
Q4 2025
-9.0%
Q1 2026
+23.0%

Sector allocation

Industrials
56%
Financials
23%
Technology
15%
Healthcare
3%
Consumer discretionary
2%
Other
1%

Long book by quarter

$128.6M
Q1 2024
$140.8M
Q2 2024
$176.8M
Q3 2024
$235.3M
Q4 2024
$183.2M
Q1 2025
$271.4M
Q2 2025
$411.9M
Q3 2025
$453.5M
Q4 2025
$452.3M
Q1 2026

What does Halter Ferguson own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TSLA TESLA INCIndustrials580.4K$215.7M47.7%+14.3%
UPST UPSTART HOLDINGS INCFinancials1.5M$37.6M8.3%+253.3%
LMND LEMONADE INCFinancials546.3K$34.2M7.6%-9.1%
MU MICRON TECHNOLOGY INCTechnology64.7K$21.9M4.8%+56.3%
ORCL ORACLE CORPTechnology105.8K$15.6M3.4%New
NVDA NVIDIA CORPTechnology52.8K$9.2M2.0%+6.6%
AMZN AMAZON.COM INCConsumer discretionary37.9K$7.9M1.7%+544.9%
BMNR BITMINE IMMERSION TECHNOLOGIFinancials369.1K$7.3M1.6%+81.7%
LLY ELI LILLY & COHealthcare7.7K$7.1M1.6%+762.6%
OSCR OSCAR HEALTH INC - CLASS AFinancials405.7K$4.7M1.0%+4.2%
CADL CANDEL THERAPEUTICS INCHealthcare904.1K$4.4M1.0%+20.9%
HBAN HUNTINGTON BANCSHARES INCFinancials253.0K$4.0M0.9%New
AAPL APPLE INCTechnology12.5K$3.2M0.7%-12.8%
ODD ODDITY TECH LTD-CL AOther208.4K$2.8M0.6%New
SATL SATELLOGIC INC-ATechnology487.4K$2.7M0.6%-42.0%
GOOGL ALPHABET INC-CL ATechnology5.7K$1.6M0.4%-31.3%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials2$1.4M0.3%New
MSFT MICROSOFT CORPTechnology2.4K$891K0.2%-2.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology5.9K$863K0.2%+35.6%
CMI CUMMINS INCIndustrials1.1K$576K0.1%Held
GOOG ALPHABET INC-CL CTechnology2.0K$574K0.1%+3.6%
META META PLATFORMS INC-CLASS ATechnology968$554K0.1%+101.7%
AEHR AEHR TEST SYSTEMSTechnology14.6K$543K0.1%-97.7%
AVGO BROADCOM INCTechnology1.4K$436K0.1%Held
GE GENERAL ELECTRICIndustrials1.5K$424K0.1%-0.2%
CAT CATERPILLAR INCIndustrials579$410K0.1%Held
JPM JPMORGAN CHASE & COFinancials1.2K$340K0.1%-5.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials705$338K0.1%+53.3%
WMT WALMART INCConsumer discretionary1.7K$217K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 202638$455.6M canonicalSEC ↗
Q4 202513F-HR/ARESTATEMENTJun 22, 202636$455.0M canonicalSEC ↗
Q4 202513F-HRFeb 5, 202636$455.0M SEC ↗
Q3 202513F-HROct 9, 202533$437.4M canonicalSEC ↗
Q2 202513F-HRJul 11, 202530$287.7M canonicalSEC ↗
Q1 202513F-HRMay 9, 202531$195.4M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202534$244.5M canonicalSEC ↗
Q3 202413F-HRNov 13, 202433$187.8M canonicalSEC ↗
Q2 202413F-HRAug 13, 202430$141.0M canonicalSEC ↗
Q1 202413F-HRMay 13, 202429$129.2M canonicalSEC ↗