Investment Advisory Group, LLC
Long book
$393.4M
Q1 2026
Positions
194
Top-10 weight
39%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsInvestment Advisory Group, LLC is a wealth-management firm allocating client money, running a $393.4M US long book across 194 positions.
The portfolio is moderately concentrated (top 10 ≈ 39% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD HIGH DVD YIELD ETF, VANGUARD GROWTH ETF, DIMENSIONAL US CORE EQUITY 2, ISHARES CORE S&P 500 ETF, DIMENSIONAL US EQ MKT ETF.
Over the last 9 quarters its long book ran on average 0.6pp 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
+2.1%
Q2 2024
+6.6%
Q3 2024
+0.9%
Q4 2024
-2.2%
Q1 2025
+7.5%
Q2 2025
+7.1%
Q3 2025
+2.6%
Q4 2025
-1.5%
Q1 2026
+11.7%
Sector allocation
Technology 44%
Consumer discretionary 12%
Financials 11%
Healthcare 10%
Industrials 7%
Other 5%
Energy 4%
Communications 2%
Long book by quarter
What does Investment Advisory own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 30.7K | $7.8M | 2.0% | -1.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 24.4K | $5.1M | 1.3% | +1.2% |
| MSFT MICROSOFT CORP | Technology | 11.9K | $4.4M | 1.1% | +2.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 19.4K | $2.8M | 0.7% | -1.5% |
| NVDA NVIDIA CORP | Technology | 13.8K | $2.4M | 0.6% | +1.0% |
| GOOG ALPHABET INC-CL C | Technology | 7.9K | $2.3M | 0.6% | +4.2% |
| TSLA TESLA INC | Industrials | 5.6K | $2.1M | 0.5% | -2.8% |
| XOM EXXON MOBIL CORP | Energy | 11.6K | $2.0M | 0.5% | -11.0% |
| GOOGL ALPHABET INC-CL A | Technology | 6.6K | $1.9M | 0.5% | +1.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.8K | $1.8M | 0.5% | +4.4% |
| META META PLATFORMS INC-CLASS A | Technology | 3.1K | $1.8M | 0.5% | -0.3% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 3.0K | $1.4M | 0.4% | +4.9% |
| JPM JPMORGAN CHASE & CO | Financials | 4.1K | $1.2M | 0.3% | +0.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.5K | $1.1M | 0.3% | +1.1% |
| ABBV ABBVIE INC | Healthcare | 4.9K | $1.1M | 0.3% | +3.5% |
| LLY ELI LILLY & CO | Healthcare | 908 | $836K | 0.2% | +3.9% |
| WMT WALMART INC | Consumer discretionary | 6.1K | $761K | 0.2% | +9.2% |
| RTX RTX CORP | Industrials | 3.9K | $754K | 0.2% | +0.5% |
| AMGN AMGEN INC | Healthcare | 2.1K | $724K | 0.2% | +0.2% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.8K | $679K | 0.2% | +1.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 194 | $393.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 194 | $388.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 189 | $367.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 175 | $330.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 14, 2025 | 168 | $298.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 168 | $298.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 168 | $288.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 165 | $258.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 29, 2024 | 158 | $241.9M | canonical | SEC ↗ |