HFR Wealth Management, LLC

Fundamental diversified ★Signal CIK 1877822
League rank
#857
in Fundamental diversified · #7035 overall
Long book
$407.4M
Q1 2026
Positions
49
Top-10 weight
42%
concentration
Last quarter
+5.0%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

HFR Wealth Management, LLC is a diversified fundamental manager, running a $407.4M US long book across 49 positions.

The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: TJX COMPANIES INC, APPLE INC, AMAZON.COM INC, COSTCO WHOLESALE CORP, AMPHENOL CORP-CL A.

Over the last 9 quarters its long book ran on average 2.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.1%
Q2 2024
+7.7%
Q3 2024
-0.8%
Q4 2024
+2.1%
Q1 2025
+3.1%
Q2 2025
+3.4%
Q3 2025
+0.3%
Q4 2025
-3.1%
Q1 2026
+5.0%

Sector allocation

Consumer discretionary
20%
Technology
19%
Other
13%
Utilities
12%
Industrials
10%
Financials
8%
Services media
7%
Healthcare
6%

Long book by quarter

$395.4M
Q1 2024
$393.1M
Q2 2024
$411.7M
Q3 2024
$404.9M
Q4 2024
$410.9M
Q1 2025
$414.0M
Q2 2025
$436.2M
Q3 2025
$423.6M
Q4 2025
$407.4M
Q1 2026

What does HFR Wealth own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TJX TJX COMPANIES INCConsumer discretionary135.2K$21.6M5.3%-2.6%
AAPL APPLE INCTechnology79.9K$20.3M5.0%-1.6%
AMZN AMAZON.COM INCConsumer discretionary94.0K$19.6M4.8%-2.0%
COST COSTCO WHOLESALE CORPConsumer discretionary18.3K$18.2M4.5%-2.1%
APH AMPHENOL CORP-CL ATechnology131.7K$16.6M4.1%-38.7%
CTAS CINTAS CORPOther97.4K$16.5M4.0%-1.5%
SCHW SCHWAB (CHARLES) CORPFinancials170.3K$16.0M3.9%-2.2%
PG PROCTER & GAMBLE CO/THEOther100.2K$14.5M3.6%-2.1%
ROL ROLLINS INCServices media268.6K$14.3M3.5%-1.9%
V VISA INC-CLASS A SHARESServices media45.3K$13.7M3.4%-1.6%
INTU INTUIT INCTechnology31.3K$13.5M3.3%+33.7%
AMGN AMGEN INCHealthcare38.0K$13.4M3.3%-1.7%
DOV DOVER CORPIndustrials62.9K$13.1M3.2%-1.8%
WM WASTE MANAGEMENT INCUtilities56.9K$13.1M3.2%-1.7%
DUK DUKE ENERGY CORPUtilities97.7K$12.8M3.1%New
TR TOOTSIE ROLL INDSConsumer staples289.7K$12.4M3.0%-1.4%
NEE NEXTERA ENERGY INCUtilities131.6K$12.2M3.0%-1.6%
LII LENNOX INTERNATIONAL INCIndustrials26.0K$12.1M3.0%-1.9%
WEC WEC ENERGY GROUP INCUtilities101.6K$11.8M2.9%-1.7%
TSCO TRACTOR SUPPLY COMPANYConsumer discretionary259.5K$11.8M2.9%-1.2%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials24.5K$11.7M2.9%-2.2%
PKG PACKAGING CORP OF AMERICAOther53.9K$11.4M2.8%-1.7%
UNP UNION PACIFIC CORPIndustrials46.8K$11.4M2.8%-1.3%
APD AIR PRODUCTS & CHEMICALS INCMaterials36.5K$10.6M2.6%-1.4%
RPM RPM INTERNATIONAL INCOther98.4K$9.8M2.4%-1.5%
VLTO VERALTO CORPTechnology110.4K$9.8M2.4%-2.3%
ADP AUTOMATIC DATA PROCESSINGTechnology47.7K$9.7M2.4%-1.2%
STE STERIS PLCHealthcare40.4K$8.9M2.2%-2.1%
HSIC HENRY SCHEIN INCConsumer discretionary115.1K$8.5M2.1%-1.6%
DHR DANAHER CORPTechnology42.1K$8.0M2.0%-1.3%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials3$2.2M0.5%Held
RTX RTX CORPIndustrials4.6K$895K0.2%Held
B BARRICK MINING CORPMaterials19.2K$784K0.2%-5.9%
JNJ JOHNSON & JOHNSONHealthcare2.9K$704K0.2%Held
JPM JPMORGAN CHASE & COFinancials1.9K$555K0.1%-0.2%
SXI STANDEX INTERNATIONAL CORPIndustrials2.2K$553K0.1%Held
XOM EXXON MOBIL CORPEnergy3.3K$552K0.1%-1.3%
CVX CHEVRON CORPEnergy2.5K$518K0.1%-3.9%
ETN EATON CORP PLCIndustrials1.3K$459K0.1%Held
HD HOME DEPOT INCConsumer discretionary1.3K$440K0.1%Held
ABBV ABBVIE INCHealthcare1.4K$312K0.1%Held
DE DEERE & COIndustrials529$298K0.1%-5.4%
UNH UNITEDHEALTH GROUP INCFinancials1.1K$295K0.1%Held
MKC MCCORMICK & CO-NON VTG SHRSConsumer staples5.7K$288K0.1%-35.9%
SR SPIRE INCUtilities3.0K$275K0.1%-0.3%
VZ VERIZON COMMUNICATIONS INCCommunications5.0K$251K0.1%Held
PM PHILIP MORRIS INTERNATIONALConsumer staples1.5K$244K0.1%-0.3%
AVGO BROADCOM INCTechnology679$210K0.1%-12.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 202649$407.4M canonicalSEC ↗
Q4 202513F-HRFeb 11, 202650$423.6M canonicalSEC ↗
Q3 202513F-HRNov 10, 202551$436.2M canonicalSEC ↗
Q2 202513F-HRAug 12, 202551$414.0M canonicalSEC ↗
Q1 202513F-HRMay 13, 202553$410.9M canonicalSEC ↗
Q4 202413F-HRFeb 6, 202552$404.9M canonicalSEC ↗
Q3 202413F-HRNov 12, 202454$411.7M canonicalSEC ↗
Q2 202413F-HRAug 14, 202453$393.1M canonicalSEC ↗
Q1 202413F-HRMay 13, 202455$395.4M canonicalSEC ↗