Kastel Capital Advisors, LLC
Long book
$162.9M
Q1 2026
Positions
55
Top-10 weight
65%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsKastel Capital Advisors, LLC is a wealth-management firm allocating client money, specialised in financials (88% of the long book), running a $162.9M US long book across 55 positions.
The portfolio is concentrated: the top 10 names carry 65% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, FIDELITY TOTAL BOND ETF, ISHARES CORE INTL STOCK ETF, VANGUARD S&P MID-CAP 400 ETF, SCHWAB U.S. TIPS ETF.
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 2025
-0.3%
Q1 2026
+8.1%
Sector allocation
Technology 67%
Services media 33%