Horizon Investments, LLC
Long book
$8.92B
Q1 2026
Positions
1391
Top-10 weight
30%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsHorizon Investments, LLC is a mechanically diversified allocator, running a $8.92B US long book across 1391 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR P S&P 500 GROWTH ETF, ISHARES CORE MSCI DEV MKTS, SS SPDR P S&P 500 VALUE ETF, NVIDIA CORP, APPLE INC.
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
+2.8%
Q2 2024
+6.0%
Q3 2024
-0.8%
Q4 2024
-1.4%
Q1 2025
+9.4%
Q2 2025
+6.6%
Q3 2025
+2.5%
Q4 2025
-0.8%
Q1 2026
+11.7%
Sector allocation
Technology 33%
Industrials 13%
Financials 12%
Healthcare 9%
Consumer discretionary 9%
Energy 5%
Services media 4%
Utilities 4%
Long book by quarter
What does Horizon Investments, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 1.5M | $254.2M | 2.8% | +9.0% |
| AAPL APPLE INC | Technology | 867.0K | $219.8M | 2.5% | +42.0% |
| MSFT MICROSOFT CORP | Technology | 440.7K | $163.1M | 1.8% | +6.8% |
| GOOGL ALPHABET INC-CL A | Technology | 484.3K | $139.3M | 1.6% | -4.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 438.2K | $91.3M | 1.0% | +13.8% |
| AVGO BROADCOM INC | Technology | 292.3K | $90.5M | 1.0% | -20.3% |
| META META PLATFORMS INC-CLASS A | Technology | 130.9K | $74.9M | 0.8% | +24.6% |
| XOM EXXON MOBIL CORP | Energy | 392.6K | $66.6M | 0.7% | +9.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 129.1K | $61.9M | 0.7% | +22.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 248.3K | $60.7M | 0.7% | +9.2% |
| LLY ELI LILLY & CO | Healthcare | 53.4K | $49.1M | 0.6% | -3.3% |
| CVX CHEVRON CORP | Energy | 209.2K | $43.3M | 0.5% | +9.7% |
| MU MICRON TECHNOLOGY INC | Technology | 117.0K | $39.5M | 0.4% | -23.9% |
| WMT WALMART INC | Consumer discretionary | 311.5K | $38.6M | 0.4% | +8.4% |
| JPM JPMORGAN CHASE & CO | Financials | 131.4K | $38.4M | 0.4% | +5.0% |
| TSLA TESLA INC | Industrials | 96.7K | $35.9M | 0.4% | +14.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 35.6K | $35.4M | 0.4% | +27.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 230.3K | $33.7M | 0.4% | +34.5% |
| MRK MERCK & CO. INC. | Healthcare | 277.7K | $33.4M | 0.4% | +7.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 228.7K | $32.8M | 0.4% | +13.9% |
| AMAT APPLIED MATERIALS INC | Technology | 82.3K | $28.1M | 0.3% | -0.2% |
| V VISA INC-CLASS A SHARES | Services media | 92.2K | $27.8M | 0.3% | +15.9% |
| MA MASTERCARD INC - A | Services media | 54.0K | $27.0M | 0.3% | +11.7% |
| GOOG ALPHABET INC-CL C | Technology | 93.7K | $26.9M | 0.3% | +16.7% |
| LRCX LAM RESEARCH CORP | Industrials | 121.1K | $25.9M | 0.3% | +1.0% |
| NFLX NETFLIX INC | Services media | 266.7K | $25.6M | 0.3% | -1.8% |
| AMD ADVANCED MICRO DEVICES | Technology | 125.4K | $25.5M | 0.3% | +69.4% |
| KO COCA-COLA CO/THE | Consumer staples | 322.2K | $24.5M | 0.3% | +13.4% |
| ADI ANALOG DEVICES INC | Technology | 73.8K | $23.5M | 0.3% | +64.1% |
| NEM NEWMONT CORP | Materials | 215.1K | $23.3M | 0.3% | -4.3% |
| WMB WILLIAMS COS INC | Utilities | 309.3K | $22.5M | 0.3% | +61.9% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 136.1K | $22.5M | 0.3% | +23.0% |
| T AT&T INC | Communications | 782.0K | $22.4M | 0.3% | +9.6% |
| HD HOME DEPOT INC | Consumer discretionary | 65.7K | $21.6M | 0.2% | +3.6% |
| GEV GE VERNOVA INC | Industrials | 24.6K | $21.5M | 0.2% | +2.6% |
| LIN LINDE PLC | Materials | 43.2K | $21.4M | 0.2% | +63.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 66.4K | $20.6M | 0.2% | +16.8% |
| COP CONOCOPHILLIPS | Energy | 155.9K | $20.4M | 0.2% | +28.2% |
| TMUS T-MOBILE US INC | Communications | 94.1K | $19.8M | 0.2% | +29.9% |
| GILD GILEAD SCIENCES INC | Healthcare | 141.8K | $19.8M | 0.2% | +7.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 123.6K | $19.7M | 0.2% | +13.9% |
| AR ANTERO RESOURCES CORP | Energy | 462.3K | $19.6M | 0.2% | +24.6% |
| ABBV ABBVIE INC | Healthcare | 89.4K | $19.3M | 0.2% | -36.0% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 64.9K | $18.7M | 0.2% | +289.4% |
| ORCL ORACLE CORP | Technology | 127.7K | $18.7M | 0.2% | -6.6% |
| PEP PEPSICO INC | Consumer staples | 117.1K | $18.2M | 0.2% | +32.8% |
| FCX FREEPORT-MCMORAN INC | Materials | 307.7K | $18.0M | 0.2% | +12.6% |
| GD GENERAL DYNAMICS CORP | Industrials | 51.1K | $17.5M | 0.2% | +17.9% |
| CAT CATERPILLAR INC | Industrials | 22.9K | $16.2M | 0.2% | +3.1% |
| FTI TECHNIPFMC PLC | Industrials | 228.1K | $15.8M | 0.2% | -5.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1433 | $8.92B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 1322 | $7.89B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1212 | $7.61B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1143 | $6.32B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 884 | $3.36B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 889 | $3.49B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 861 | $3.77B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 850 | $3.62B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 834 | $3.81B | canonical | SEC ↗ |
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCAmundiJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLC