Innovator Capital Management, LLC
Long book
$925.0M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
+14.9%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsInnovator Capital Management, LLC is a wealth-management firm allocating client money, specialised in technology (83% of the long book), running a $925.0M US long book across 10 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC.
Over the last 7 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 5 of 7 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
Q3 2024
+10.5%
Q4 2024
-14.4%
Q1 2025
+23.7%
Q2 2025
+13.8%
Q3 2025
+3.9%
Q4 2025
-11.3%
Q1 2026
+14.9%
Sector allocation
Technology 83%
Consumer discretionary 10%
Industrials 7%
Long book by quarter
What does Innovator Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 4.1K | $709K | 0.1% | +13.2% |
| AAPL APPLE INC | Technology | 2.5K | $632K | 0.1% | +12.8% |
| MSFT MICROSOFT CORP | Technology | 1.3K | $468K | 0.1% | +13.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.7K | $356K | 0.0% | +13.1% |
| GOOGL ALPHABET INC-CL A | Technology | 999 | $287K | 0.0% | +13.5% |
| GOOG ALPHABET INC-CL C | Technology | 888 | $255K | 0.0% | +13.0% |
| AVGO BROADCOM INC | Technology | 804 | $249K | 0.0% | +13.9% |
| META META PLATFORMS INC-CLASS A | Technology | 418 | $239K | 0.0% | +12.4% |
| TSLA TESLA INC | Industrials | 617 | $229K | 0.0% | +16.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 10 | $925.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 9 | $3.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 9 | $4.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 11 | $6.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 11 | $5.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 11 | $5.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 4 | $1.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-NT | Aug 1, 2024 | — | $0 | SEC ↗ | |
| Q1 2024 | 13F-NT | May 3, 2024 | — | $0 | SEC ↗ |