HB Wealth Management, LLC

Wealth advisor Mechanical CIK 1911253
League rank
#757
in Wealth advisor · #3037 overall
Long book
$15.41B
Q1 2026
Positions
1526
Top-10 weight
49%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

HB Wealth Management, LLC is a wealth-management firm allocating client money, running a $15.41B US long book across 1526 positions.

The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, VANGUARD DIVIDEND APPREC ETF, JPMORGAN CORE PLUS BOND ETF, AVANTIS U.S. EQUITY ETF, VANGUARD TOTAL INTL STOCK.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 3 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
+2.5%
Q2 2024
+6.7%
Q3 2024
+1.7%
Q4 2024
-3.4%
Q1 2025
+8.6%
Q2 2025
+7.2%
Q3 2025
+2.4%
Q4 2025
-2.7%
Q1 2026
+12.4%

Sector allocation

Technology
33%
Financials
14%
Consumer discretionary
13%
Industrials
10%
Healthcare
8%
Services media
5%
Other
3%
Energy
3%

Long book by quarter

$7.94B
Q1 2024
$8.56B
Q2 2024
$9.31B
Q3 2024
$9.77B
Q4 2024
$11.89B
Q1 2025
$12.50B
Q2 2025
$14.71B
Q3 2025
$15.41B
Q4 2025
$15.41B
Q1 2026

What does HB Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology1.6M$403.2M2.6%+3.1%
HD HOME DEPOT INCConsumer discretionary679.7K$223.5M1.5%-0.7%
MSFT MICROSOFT CORPTechnology540.6K$200.1M1.3%+1.9%
NVDA NVIDIA CORPTechnology1.1M$193.0M1.3%+8.8%
AMZN AMAZON.COM INCConsumer discretionary638.8K$133.0M0.9%+3.4%
GOOGL ALPHABET INC-CL ATechnology455.3K$130.9M0.8%+5.0%
GOOG ALPHABET INC-CL CTechnology346.1K$99.3M0.6%+1.9%
TROW T ROWE PRICE GROUP INCFinancials980.0K$88.3M0.6%-11.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials178.1K$85.4M0.6%+3.7%
AVGO BROADCOM INCTechnology266.0K$82.3M0.5%+7.8%
JPM JPMORGAN CHASE & COFinancials257.8K$75.8M0.5%+4.5%
JNJ JOHNSON & JOHNSONHealthcare303.2K$74.1M0.5%+2.3%
ALB ALBEMARLE CORPMaterials403.6K$72.5M0.5%+0.4%
XOM EXXON MOBIL CORPEnergy349.0K$59.2M0.4%+6.1%
V VISA INC-CLASS A SHARESServices media194.3K$58.7M0.4%-0.4%
LLY ELI LILLY & COHealthcare63.0K$58.0M0.4%+6.6%
META META PLATFORMS INC-CLASS ATechnology100.7K$57.6M0.4%+6.9%
WMT WALMART INCConsumer discretionary437.7K$54.4M0.4%+2.5%
KO COCA-COLA CO/THEConsumer staples629.1K$47.8M0.3%+4.9%
TSLA TESLA INCIndustrials117.2K$43.6M0.3%+7.4%
PG PROCTER & GAMBLE CO/THEOther269.2K$38.9M0.3%+0.9%
CVX CHEVRON CORPEnergy187.3K$38.8M0.3%+0.7%
CAT CATERPILLAR INCIndustrials46.9K$33.2M0.2%+3.3%
CSCO CISCO SYSTEMS INCTechnology422.4K$32.8M0.2%+0.4%
T AT&T INCCommunications1.1M$32.5M0.2%+3.5%
RTX RTX CORPIndustrials163.9K$31.6M0.2%+2.0%
ABBV ABBVIE INCHealthcare141.1K$30.7M0.2%+4.5%
COST COSTCO WHOLESALE CORPConsumer discretionary30.6K$30.5M0.2%+11.8%
MRK MERCK & CO. INC.Healthcare241.4K$29.0M0.2%+5.8%
ORCL ORACLE CORPTechnology185.5K$27.3M0.2%+1.0%
MCD MCDONALD'S CORPConsumer discretionary87.0K$27.0M0.2%+0.2%
MA MASTERCARD INC - AServices media52.4K$26.2M0.2%+1.5%
LRCX LAM RESEARCH CORPIndustrials114.2K$24.4M0.2%-6.4%
ACN ACCENTURE PLC-CL AServices media117.5K$23.3M0.2%-13.1%
PEP PEPSICO INCConsumer staples149.6K$23.2M0.2%+0.7%
NFLX NETFLIX INCServices media237.4K$22.8M0.1%+6.6%
IBM INTL BUSINESS MACHINES CORPTechnology94.0K$22.8M0.1%+8.4%
HON HONEYWELL INTERNATIONAL INCIndustrials93.0K$21.0M0.1%+1.9%
BAC BANK OF AMERICA CORPFinancials427.6K$20.8M0.1%+4.3%
NEE NEXTERA ENERGY INCUtilities220.8K$20.5M0.1%0.0%
AXP AMERICAN EXPRESS COFinancials66.9K$20.2M0.1%+0.5%
AMGN AMGEN INCHealthcare56.1K$19.8M0.1%+0.2%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials27$19.4M0.1%-27.0%
NEU NEWMARKET CORPOther29.9K$19.2M0.1%+0.3%
MS MORGAN STANLEYFinancials112.6K$18.5M0.1%+36.1%
SO SOUTHERN CO/THEUtilities191.3K$18.5M0.1%-0.6%
ABT ABBOTT LABORATORIESHealthcare179.6K$18.4M0.1%+1.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 20261547$15.45B canonicalSEC ↗
Q4 202513F-HRJan 28, 20261404$15.46B canonicalSEC ↗
Q3 202513F-HROct 23, 20251341$14.77B canonicalSEC ↗
Q2 202513F-HRJul 17, 20251162$12.58B canonicalSEC ↗
Q1 202513F-HRMay 7, 20251221$11.94B canonicalSEC ↗
Q4 202413F-HRJan 15, 20251076$9.79B canonicalSEC ↗
Q3 202413F-HROct 15, 2024979$9.32B canonicalSEC ↗
Q2 202413F-HRJul 26, 2024935$8.57B canonicalSEC ↗
Q1 202413F-HRApr 30, 2024847$7.95B canonicalSEC ↗