INNEALTA CAPITAL, LLC
Long book
$161.0M
Q1 2026
Positions
75
Top-10 weight
49%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
38%
of book per quarter
Strategy in plain words
auto-generated from filingsINNEALTA CAPITAL, LLC is a wealth-management firm allocating client money, running a $161.0M US long book across 75 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS COMM SELECT SECTOR SPDR, SS TECHNOLOGY SELECT SECTOR, SS INDUSTRIAL SELECT SECTOR, SS ENERGY SELECT SECTOR, SS FINANCIAL SELECT SECTOR.
Over the last 9 quarters its long book ran on average 0.9pp 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
+0.4%
Q2 2024
+6.9%
Q3 2024
-3.5%
Q4 2024
+2.2%
Q1 2025
+7.0%
Q2 2025
+7.2%
Q3 2025
+2.9%
Q4 2025
-0.8%
Q1 2026
+10.0%
Sector allocation
Energy 29%
Consumer discretionary 17%
Financials 15%
Consumer staples 13%
Services media 10%
Industrials 8%
Healthcare 7%
Communications 2%
Long book by quarter
What does INNEALTA CAPITAL, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| COKE COCA-COLA CONSOLIDATED INC | Consumer staples | 1.9K | $359K | 0.2% | New |
| DDS DILLARDS INC-CL A | Consumer discretionary | 423 | $242K | 0.2% | Held |
| OVV OVINTIV INC | Energy | 3.9K | $231K | 0.1% | -45.1% |
| AN AUTONATION INC | Consumer discretionary | 1.1K | $218K | 0.1% | Held |
| APA APA CORP | Energy | 5.1K | $216K | 0.1% | -45.1% |
| ORI OLD REPUBLIC INTL CORP | Financials | 5.3K | $212K | 0.1% | New |
| RRX REGAL REXNORD CORP | Industrials | 1.1K | $212K | 0.1% | New |
| PARR PAR PACIFIC HOLDINGS INC | Energy | 3.3K | $206K | 0.1% | New |
| QGEN QIAGEN N.V. | Healthcare | 5.1K | $205K | 0.1% | New |
| GNW GENWORTH FINANCIAL INC | Financials | 23.3K | $189K | 0.1% | Held |
| LYFT LYFT INC-A | Services media | 11.8K | $157K | 0.1% | Held |
| CRGY CRESCENT ENERGY INC-A | Energy | 10.3K | $139K | 0.1% | Held |
| ADT ADT INC | Services media | 15.8K | $104K | 0.1% | -50.8% |
| GTN GRAY MEDIA INC | Communications | 11.4K | $49K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 75 | $161.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 85 | $184.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 107 | $200.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 105 | $189.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 116 | $184.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 129 | $205.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 155 | $246.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 5324 | $303.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 16, 2024 | 108 | $236.7M | canonical | SEC ↗ |