IEQ CAPITAL, LLC
Long book
$21.54B
Q1 2026
Positions
1868
Top-10 weight
26%
concentration
Last quarter
+16.1%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsIEQ CAPITAL, LLC is a mechanically diversified allocator, running a $21.54B US long book across 1868 positions.
The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ROBLOX CORP -CLASS A, NVIDIA CORP, APPLE INC, SS SPDR S&P 500 ETF TRUST-US, META PLATFORMS INC-CLASS A.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 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
+4.2%
Q3 2024
+7.7%
Q4 2024
-5.4%
Q1 2025
+20.4%
Q2 2025
+11.2%
Q3 2025
-4.3%
Q4 2025
-17.6%
Q1 2026
+16.1%
Sector allocation
Technology 42%
Industrials 14%
Financials 13%
Consumer discretionary 8%
Healthcare 8%
Services media 5%
Other 3%
Energy 2%
Long book by quarter
What does IEQ CAPITAL, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| RBLX ROBLOX CORP -CLASS A | Technology | 16.5M | $935.0M | 4.3% | -4.1% |
| NVDA NVIDIA CORP | Technology | 4.9M | $857.1M | 4.0% | +3.8% |
| AAPL APPLE INC | Technology | 2.7M | $684.2M | 3.2% | -1.6% |
| META META PLATFORMS INC-CLASS A | Technology | 942.5K | $539.2M | 2.5% | -20.1% |
| MSFT MICROSOFT CORP | Technology | 1.3M | $478.2M | 2.2% | +18.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.9M | $397.0M | 1.8% | -0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 1.3M | $382.7M | 1.8% | +3.9% |
| GOOG ALPHABET INC-CL C | Technology | 1.0M | $294.5M | 1.4% | +5.9% |
| AVGO BROADCOM INC | Technology | 830.4K | $257.0M | 1.2% | +28.0% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 631.1K | $246.4M | 1.1% | -0.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 263.8K | $223.2M | 1.0% | -6.6% |
| SNOW SNOWFLAKE INC | Technology | 1.2M | $176.1M | 0.8% | +1.2% |
| TSLA TESLA INC | Industrials | 434.9K | $161.7M | 0.8% | -9.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 303.0K | $145.2M | 0.7% | +4.5% |
| PWR QUANTA SERVICES INC | Industrials | 242.3K | $133.0M | 0.6% | +0.1% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 89.9K | $123.9M | 0.6% | +8.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 119.2K | $118.7M | 0.6% | +27.8% |
| JPM JPMORGAN CHASE & CO | Financials | 394.9K | $116.2M | 0.5% | +0.8% |
| WMT WALMART INC | Consumer discretionary | 928.6K | $115.4M | 0.5% | +1.0% |
| MRK MERCK & CO. INC. | Healthcare | 941.4K | $113.2M | 0.5% | 0.0% |
| CRM SALESFORCE INC | Technology | 576.7K | $107.6M | 0.5% | +4.7% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 1.7M | $104.4M | 0.5% | +18.4% |
| MU MICRON TECHNOLOGY INC | Technology | 305.5K | $103.2M | 0.5% | +13.9% |
| LLY ELI LILLY & CO | Healthcare | 111.0K | $102.1M | 0.5% | +11.5% |
| NBIX NEUROCRINE BIOSCIENCES INC | Healthcare | 766.0K | $100.9M | 0.5% | +2.8% |
| PCG P G & E CORP | Utilities | 5.7M | $100.3M | 0.5% | +18.6% |
| EIX EDISON INTERNATIONAL | Utilities | 1.3M | $98.6M | 0.5% | +16.4% |
| ANET ARISTA NETWORKS INC | Technology | 753.8K | $92.5M | 0.4% | +14.0% |
| DKNG DRAFTKINGS INC-CL A | Services media | 4.1M | $88.9M | 0.4% | +94.5% |
| GEV GE VERNOVA INC | Industrials | 100.3K | $87.6M | 0.4% | +9.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 348.0K | $85.1M | 0.4% | -8.5% |
| GE GENERAL ELECTRIC | Industrials | 281.0K | $79.7M | 0.4% | +7.0% |
| ABNB AIRBNB INC-CLASS A | Services media | 630.1K | $79.6M | 0.4% | +7.8% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 541.4K | $79.2M | 0.4% | -2.9% |
| FTI TECHNIPFMC PLC | Industrials | 1.1M | $76.8M | 0.4% | +12.1% |
| GM GENERAL MOTORS CO | Industrials | 1.0M | $76.3M | 0.4% | +12.2% |
| FDX FEDEX CORP | Industrials | 209.8K | $74.7M | 0.3% | +8.0% |
| WDC WESTERN DIGITAL CORP | Technology | 276.1K | $74.7M | 0.3% | +12.8% |
| CB CHUBB LTD | Financials | 227.7K | $74.2M | 0.3% | -5.2% |
| INTC INTEL CORP | Technology | 1.6M | $71.9M | 0.3% | -28.3% |
| UPBD UPBOUND GROUP INC | Services media | 3.9M | $70.5M | 0.3% | -4.8% |
| XOM EXXON MOBIL CORP | Energy | 402.7K | $68.3M | 0.3% | -2.1% |
| LRCX LAM RESEARCH CORP | Industrials | 318.3K | $68.0M | 0.3% | +3.5% |
| APP APPLOVIN CORP-CLASS A | Technology | 169.6K | $67.5M | 0.3% | -98.9% |
| CNC CENTENE CORP | Financials | 2.0M | $66.4M | 0.3% | -7.9% |
| JBHT HUNT (JB) TRANSPRT SVCS INC | Industrials | 312.4K | $66.2M | 0.3% | +8.3% |
| V VISA INC-CLASS A SHARES | Services media | 217.6K | $65.8M | 0.3% | +2.1% |
| PEP PEPSICO INC | Consumer staples | 415.1K | $64.5M | 0.3% | -16.6% |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 4.3M | $61.8M | 0.3% | -6.0% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 78.3K | $60.5M | 0.3% | +14.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 2269 | $21.54B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 2233 | $33.40B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 2204 | $32.94B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 2182 | $16.35B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 2091 | $12.57B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 1649 | $10.35B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1432 | $8.15B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 1269 | $7.43B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 1231 | $6.96B | canonical | SEC ↗ |
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