Kensington Asset Management, LLC

Wealth advisor Mechanical financials specialist (100%) CIK 1979884
League rank
#2959
in Wealth advisor · #6616 overall
Long book
$1.84B
Q1 2026
Positions
41
Top-10 weight
81%
concentration
Last quarter
+7.4%
SPY +14.8%
Turnover
26%
of book per quarter

Strategy in plain words

auto-generated from filings

Kensington Asset Management, LLC is a wealth-management firm allocating client money, specialised in financials (100% of the long book), running a $1.84B US long book across 41 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S&P 500 ETF, INVESCO QQQ TRUST SERIES 1, PGIM ULTRA SHORT BOND ETF, VANGUARD ULTRA SHORT BOND ET, JPMORGAN ULTRA-SHORT INCOME.

Over the last 9 quarters its long book ran on average 1.8pp 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
+4.5%
Q2 2024
+4.2%
Q3 2024
+2.2%
Q4 2024
-3.0%
Q1 2025
+4.1%
Q2 2025
+6.3%
Q3 2025
+1.9%
Q4 2025
-3.3%
Q1 2026
+7.4%

Sector allocation

No sector data

Long book by quarter

$2.00B
Q1 2024
$926.6M
Q2 2024
$1.82B
Q3 2024
$1.71B
Q4 2024
$951.5M
Q1 2025
$1.32B
Q2 2025
$1.67B
Q3 2025
$1.94B
Q4 2025
$1.84B
Q1 2026

What does Kensington Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTMay 21, 202642$1.84B canonicalSEC ↗
Q1 202613F-HRMay 14, 202641$1.94B SEC ↗
Q4 202513F-HRFeb 13, 202641$1.74B canonicalSEC ↗
Q3 202513F-HRNov 12, 202537$1.67B canonicalSEC ↗
Q2 202513F-HRAug 12, 202529$1.32Bconfidential canonicalSEC ↗
Q1 202513F-HRMay 13, 202531$951.5M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202526$1.71Bconfidential canonicalSEC ↗
Q3 202413F-HRNov 13, 202430$1.82Bconfidential canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTAug 13, 202420$926.6Mconfidential canonicalSEC ↗
Q2 202413F-HRAug 12, 202420$25.4Mconfidential SEC ↗
Q1 202413F-HRApr 29, 202423$1.92Bconfidential canonicalSEC ↗