Holcombe Financial, Inc.
Long book
$170.2M
Q1 2026
Positions
49
Top-10 weight
75%
concentration
Last quarter
+4.6%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsHolcombe Financial, Inc. is a wealth-management firm allocating client money, specialised in technology (64% of the long book), running a $170.2M US long book across 49 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: SCHWAB SHORT-TERM US TREAS, APPLE INC, OVERLAY SHRS HDG LRG CAP EQY, SCHWAB INTERMEDIATE-TERM US, ISHARES 0-5 YEAR TIPS BOND E.
Over the last 6 quarters its long book ran on average 2.3pp per quarter behind the S&P 500, beating the index in 3 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
-1.3%
Q1 2025
+1.8%
Q2 2025
+6.5%
Q3 2025
+2.9%
Q4 2025
-0.3%
Q1 2026
+4.6%
Sector allocation
Technology 67%
Financials 10%
Consumer discretionary 8%
Energy 7%
Services media 3%
Utilities 2%
Healthcare 1%
Industrials 1%
Long book by quarter
What does Holcombe Financial, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 87.3K | $22.2M | 13.0% | -0.3% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 3 | $2.2M | 1.3% | Held |
| WMT WALMART INC | Consumer discretionary | 14.3K | $1.8M | 1.0% | +12.4% |
| XOM EXXON MOBIL CORP | Energy | 10.2K | $1.7M | 1.0% | -0.5% |
| ONT ONTERRIS INC | Services media | 47.7K | $1.0M | 0.6% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 3.1K | $926K | 0.5% | -0.8% |
| GOOG ALPHABET INC-CL C | Technology | 2.9K | $827K | 0.5% | -1.1% |
| GOOGL ALPHABET INC-CL A | Technology | 2.7K | $772K | 0.5% | -0.7% |
| CVX CHEVRON CORP | Energy | 3.5K | $718K | 0.4% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 1.8K | $593K | 0.3% | -8.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.1K | $524K | 0.3% | -1.5% |
| SO SOUTHERN CO/THE | Utilities | 5.1K | $489K | 0.3% | New |
| DUK DUKE ENERGY CORP | Utilities | 2.9K | $374K | 0.2% | -1.5% |
| IVZ INVESCO LTD | Financials | 14.1K | $342K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.6K | $331K | 0.2% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 715 | $265K | 0.2% | +3.3% |
| J JACOBS SOLUTIONS INC | Industrials | 2.0K | $255K | 0.1% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 249 | $248K | 0.1% | -0.4% |
| KO COCA-COLA CO/THE | Consumer staples | 3.2K | $244K | 0.1% | Held |
| XHC HERITAGE COMMERCE CORP | — | 12.6K | $157K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 49 | $170.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 48 | $159.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 27, 2025 | 42 | $143.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 8, 2025 | 41 | $132.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 40 | $120.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 37 | $121.5M | canonical | SEC ↗ |