ISLAY CAPITAL MANAGEMENT, LLC
Long book
$197.0M
Q1 2026
Positions
204
Top-10 weight
42%
concentration
Last quarter
+6.9%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsISLAY CAPITAL MANAGEMENT, LLC is a wealth-management firm allocating client money, running a $197.0M US long book across 204 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS SPDR BB 1-3M T-BILL ETF, SCHWAB US DVD EQUITY ETF, ANGEL OAK ULTRASHORT INCOME, AVANTIS US SMALL CAP VALUE, PIMCO INV GRADE CORP BD ETF.
Over the last 9 quarters its long book ran on average 1.2pp 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
+1.5%
Q2 2024
+6.0%
Q3 2024
-0.1%
Q4 2024
-0.2%
Q1 2025
+5.0%
Q2 2025
+5.9%
Q3 2025
+2.6%
Q4 2025
+2.4%
Q1 2026
+6.9%
Sector allocation
Technology 22%
Financials 22%
Consumer discretionary 19%
Energy 14%
Industrials 10%
Healthcare 7%
Other 1%
Consumer staples 1%
Long book by quarter
What does ISLAY CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 18.8K | $4.8M | 2.4% | -2.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 9.8K | $4.7M | 2.4% | +0.8% |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 5.4K | $3.9M | 2.0% | -12.4% |
| MSFT MICROSOFT CORP | Technology | 8.7K | $3.2M | 1.6% | +1.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 15.3K | $3.2M | 1.6% | +4.6% |
| GOOGL ALPHABET INC-CL A | Technology | 9.6K | $2.8M | 1.4% | +2.2% |
| XOM EXXON MOBIL CORP | Energy | 16.2K | $2.7M | 1.4% | -5.2% |
| WFC WELLS FARGO & CO | Financials | 32.7K | $2.6M | 1.3% | +5.1% |
| LMT LOCKHEED MARTIN CORP | Industrials | 4.2K | $2.5M | 1.3% | -23.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 9.7K | $2.4M | 1.2% | -5.6% |
| ALSN ALLISON TRANSMISSION HOLDING | Industrials | 19.0K | $2.2M | 1.1% | -2.9% |
| COP CONOCOPHILLIPS | Energy | 16.8K | $2.2M | 1.1% | +5.4% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 14.5K | $2.1M | 1.1% | -2.0% |
| COR CENCORA INC | Consumer discretionary | 6.1K | $1.9M | 1.0% | -23.6% |
| SYK STRYKER CORP | Healthcare | 5.6K | $1.9M | 0.9% | +7962.9% |
| SLB SLB LTD | Energy | 32.0K | $1.6M | 0.8% | -9.2% |
| CVX CHEVRON CORP | Energy | 7.5K | $1.6M | 0.8% | +1.2% |
| CNS COHEN & STEERS INC | Financials | 19.0K | $1.2M | 0.6% | New |
| SCHW SCHWAB (CHARLES) CORP | Financials | 11.4K | $1.1M | 0.5% | +3.8% |
| NBHC NATIONAL BANK HOLD-CL A | Financials | 22.6K | $887K | 0.5% | New |
| KKR KKR & CO INC | Financials | 9.2K | $851K | 0.4% | +4.5% |
| MPC MARATHON PETROLEUM CORP | Energy | 3.4K | $824K | 0.4% | Held |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 7.4K | $822K | 0.4% | -26.6% |
| META META PLATFORMS INC-CLASS A | Technology | 1.4K | $813K | 0.4% | +7.3% |
| SFD SMITHFIELD FOODS INC | Consumer staples | 29.0K | $811K | 0.4% | -24.5% |
| PSX PHILLIPS 66 | Energy | 4.1K | $744K | 0.4% | -5.8% |
| SAIC SCIENCE APPLICATIONS INTE | Technology | 7.8K | $738K | 0.4% | -19.4% |
| FG F&G ANNUITIES & LIFE INC | Financials | 28.3K | $717K | 0.4% | +1714.2% |
| RGA REINSURANCE GROUP OF AMERICA | Financials | 3.4K | $689K | 0.4% | -22.8% |
| WFC 7.5 PERP L WELLS FARGO & COMPANY | — | 595 | $687K | 0.3% | Held |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 3.1K | $665K | 0.3% | -18.8% |
| NVDA NVIDIA CORP | Technology | 3.8K | $660K | 0.3% | +0.5% |
| DAL DELTA AIR LINES INC | Industrials | 9.7K | $647K | 0.3% | New |
| AN AUTONATION INC | Consumer discretionary | 3.3K | $639K | 0.3% | New |
| BJ BJ'S WHOLESALE CLUB HOLDINGS | Consumer discretionary | 6.5K | $637K | 0.3% | New |
| CDW CDW CORP/DE | Consumer discretionary | 5.2K | $631K | 0.3% | New |
| CSTM CONSTELLIUM SE | Industrials | 25.6K | $630K | 0.3% | New |
| ACI ALBERTSONS COS INC - CLASS A | Consumer discretionary | 35.7K | $608K | 0.3% | New |
| UNH UNITEDHEALTH GROUP INC | Financials | 2.2K | $593K | 0.3% | +2091.0% |
| ELV ELEVANCE HEALTH INC | Financials | 2.0K | $578K | 0.3% | -20.2% |
| MCK MCKESSON CORP | Consumer discretionary | 649 | $562K | 0.3% | New |
| UHS UNIVERSAL HEALTH SERVICES-B | Healthcare | 3.1K | $560K | 0.3% | New |
| UAL UNITED AIRLINES HOLDINGS INC | Industrials | 6.1K | $558K | 0.3% | New |
| NUTX NUTEX HEALTH INC | Services media | 5.8K | $552K | 0.3% | +2678.5% |
| BBWI BATH & BODY WORKS INC | Consumer discretionary | 28.1K | $525K | 0.3% | New |
| SYY SYSCO CORP | Consumer discretionary | 7.0K | $502K | 0.3% | New |
| SHOP SHOPIFY INC - CLASS A | Technology | 3.6K | $426K | 0.2% | New |
| PAA PLAINS ALL AMER PIPELINE LP | Energy | 18.3K | $409K | 0.2% | Held |
| BAC 7.25 PERP L BANK OF AMERICA CORP | — | 300 | $357K | 0.2% | Held |
| SSB SOUTHSTATE BANK CORP | Financials | 3.6K | $333K | 0.2% | -12.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 204 | $197.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 216 | $170.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 217 | $174.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 202 | $155.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 185 | $148.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 206 | $144.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 7, 2024 | 209 | $149.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 210 | $149.1M | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 199 | $139.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 200 | $134.3M | canonical | SEC ↗ |