Joel Adams & Associates, Inc.
Long book
$134.7M
Q1 2026
Positions
64
Top-10 weight
69%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsJoel Adams & Associates, Inc. is a wealth-management firm allocating client money, running a $134.7M US long book across 64 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE U.S. AGGREGATE, ISHARES ESG AWARE US AGGREGA, VANGUARD ESG INTL STOCK ETF, VANGUARD TAX-EXEMPT BOND ETF.
Over the last 6 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
+0.2%
Q1 2025
+5.7%
Q2 2025
+5.2%
Q3 2025
+2.5%
Q4 2025
-1.2%
Q1 2026
+8.9%
Sector allocation
Technology 36%
Consumer discretionary 21%
Healthcare 20%
Financials 17%
Utilities 7%
Long book by quarter
What does Joel Adams own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 5.3K | $1.4M | 1.0% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.0K | $921K | 0.7% | -12.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.4K | $687K | 0.5% | -2.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.3K | $563K | 0.4% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.9K | $559K | 0.4% | Held |
| MSFT MICROSOFT CORP | Technology | 1.5K | $546K | 0.4% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.8K | $524K | 0.4% | -14.1% |
| ROST ROSS STORES INC | Consumer discretionary | 2.0K | $433K | 0.3% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 326 | $325K | 0.2% | Held |
| DUK DUKE ENERGY CORP | Utilities | 2.2K | $287K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4K | $281K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 1.6K | $277K | 0.2% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 855 | $266K | 0.2% | -2.1% |
| NEE NEXTERA ENERGY INC | Utilities | 2.5K | $236K | 0.2% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 712 | $234K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 64 | $134.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 63 | $133.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 63 | $124.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 61 | $113.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 61 | $111.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 58 | $110.1M | canonical | SEC ↗ |