Headland Capital, LLC
Long book
$354.9M
Q1 2026
Positions
61
Top-10 weight
74%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsHeadland Capital, LLC is a wealth-management firm allocating client money, running a $354.9M US long book across 61 positions.
The portfolio is concentrated: the top 10 names carry 74% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, PROGRESSIVE CORP, STE STR SPDR PT DW EU ETF, GE VERNOVA INC, ISHARES CORE S&P 500 ETF.
Over the last 6 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
+1.8%
Q1 2025
+7.0%
Q2 2025
+4.2%
Q3 2025
+1.1%
Q4 2025
-1.2%
Q1 2026
+11.4%
Sector allocation
Financials 35%
Industrials 24%
Technology 19%
Consumer discretionary 15%
Healthcare 5%
Energy 1%
Utilities 0%
Services media 0%
Long book by quarter
What does Headland Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PGR PROGRESSIVE CORP | Financials | 201.6K | $40.0M | 11.3% | +1.0% |
| GEV GE VERNOVA INC | Industrials | 26.7K | $23.3M | 6.6% | -2.3% |
| AAPL APPLE INC | Technology | 41.8K | $10.6M | 3.0% | +0.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 9.5K | $9.4M | 2.7% | +1.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 38.8K | $8.1M | 2.3% | +2.5% |
| MSFT MICROSOFT CORP | Technology | 18.0K | $6.7M | 1.9% | +2.9% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 94.3K | $5.9M | 1.7% | +4.1% |
| HII HUNTINGTON INGALLS INDUSTRIE | Industrials | 13.2K | $5.0M | 1.4% | +6.6% |
| NVDA NVIDIA CORP | Technology | 15.3K | $2.7M | 0.8% | -0.4% |
| GOOG ALPHABET INC-CL C | Technology | 2.9K | $839K | 0.2% | -1.2% |
| BAC BANK OF AMERICA CORP | Financials | 16.5K | $806K | 0.2% | 0.0% |
| TSLA TESLA INC | Industrials | 2.2K | $805K | 0.2% | +57.0% |
| XOM EXXON MOBIL CORP | Energy | 4.4K | $738K | 0.2% | -0.1% |
| CIEN CIENA CORP | Technology | 1.8K | $681K | 0.2% | -1.2% |
| CSCO CISCO SYSTEMS INC | Technology | 8.2K | $634K | 0.2% | New |
| IDCC INTERDIGITAL INC | Financials | 1.8K | $535K | 0.2% | +1.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 3.4K | $497K | 0.1% | -2.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.3K | $412K | 0.1% | -0.8% |
| AZO AUTOZONE INC | Consumer discretionary | 117 | $395K | 0.1% | +2.6% |
| AVGO BROADCOM INC | Technology | 1.3K | $392K | 0.1% | -0.1% |
| ALL ALLSTATE CORP | Financials | 1.7K | $349K | 0.1% | +0.2% |
| ETN EATON CORP PLC | Industrials | 941 | $337K | 0.1% | +28.2% |
| CEG CONSTELLATION ENERGY | Utilities | 1.2K | $330K | 0.1% | -7.2% |
| GOOGL ALPHABET INC-CL A | Technology | 1.1K | $302K | 0.1% | -1.8% |
| V VISA INC-CLASS A SHARES | Services media | 955 | $288K | 0.1% | -0.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.2K | $283K | 0.1% | -0.9% |
| RTX RTX CORP | Industrials | 1.4K | $264K | 0.1% | +2.2% |
| JPM JPMORGAN CHASE & CO | Financials | 811 | $239K | 0.1% | -0.6% |
| CVX CHEVRON CORP | Energy | 1.1K | $236K | 0.1% | New |
| BX BLACKSTONE INC | Financials | 2.0K | $229K | 0.1% | -0.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 476 | $228K | 0.1% | -9.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 896 | $217K | 0.1% | -0.8% |
| ORCL ORACLE CORP | Technology | 1.4K | $213K | 0.1% | New |
| JOBY JOBY AVIATION INC | Industrials | 13.9K | $115K | 0.0% | +12.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 61 | $354.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 68 | $359.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 71 | $356.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 6, 2025 | 57 | $330.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 41 | $236.2M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 8, 2025 | 59 | $300.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 56 | $292.1M | canonical | SEC ↗ |