Kestra Investment Management, LLC
Long book
$5.80B
Q1 2026
Positions
439
Top-10 weight
45%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
35%
of book per quarter
Strategy in plain words
auto-generated from filingsKestra Investment Management, LLC is a wealth-management firm allocating client money, running a $5.80B US long book across 439 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P U.S. VALUE, VANGUARD FTSE ALL-WORLD EX-U, ISHR CR UNVRSE USD BD ETF-UI, SS SPDR P S&P 500 GROWTH ETF, AVANTIS EMERGING MARKETS EQ.
Over the last 8 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 2 of 8 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
Q2 2024
+5.7%
Q3 2024
-1.2%
Q4 2024
-1.0%
Q1 2025
+8.0%
Q2 2025
+5.8%
Q3 2025
+2.4%
Q4 2025
-1.0%
Q1 2026
+9.7%
Sector allocation
Technology 40%
Financials 11%
Industrials 9%
Healthcare 9%
Consumer discretionary 8%
Services media 7%
Other 4%
Utilities 3%
Long book by quarter
What does Kestra Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 167.1K | $29.1M | 0.5% | +13.7% |
| MSFT MICROSOFT CORP | Technology | 59.2K | $21.9M | 0.4% | +122.7% |
| AAPL APPLE INC | Technology | 83.1K | $21.1M | 0.4% | +19.1% |
| GOOGL ALPHABET INC-CL A | Technology | 37.9K | $10.9M | 0.2% | -8.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 34.2K | $7.1M | 0.1% | -31.0% |
| AVGO BROADCOM INC | Technology | 22.9K | $7.1M | 0.1% | -11.9% |
| QCOM QUALCOMM INC | Technology | 54.0K | $7.0M | 0.1% | +204.8% |
| JPM JPMORGAN CHASE & CO | Financials | 23.3K | $6.9M | 0.1% | -25.0% |
| MU MICRON TECHNOLOGY INC | Technology | 18.9K | $6.4M | 0.1% | +74.8% |
| META META PLATFORMS INC-CLASS A | Technology | 10.1K | $5.8M | 0.1% | -32.9% |
| QRVO QORVO INC | Technology | 63.2K | $4.9M | 0.1% | +1.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 29.2K | $4.8M | 0.1% | +32.7% |
| CSCO CISCO SYSTEMS INC | Technology | 60.2K | $4.7M | 0.1% | -29.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 18.4K | $4.5M | 0.1% | -0.1% |
| CHWY CHEWY INC - CLASS A | Consumer discretionary | 165.4K | $4.5M | 0.1% | +57.0% |
| THC TENET HEALTHCARE CORP | Healthcare | 21.9K | $4.1M | 0.1% | +38.0% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 41.5K | $3.9M | 0.1% | +36.2% |
| TSLA TESLA INC | Industrials | 10.5K | $3.9M | 0.1% | +20.0% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 31.4K | $3.7M | 0.1% | +78.0% |
| NRG NRG ENERGY INC | Utilities | 25.2K | $3.7M | 0.1% | +0.8% |
| KEYS KEYSIGHT TECHNOLOGIES IN | Technology | 12.9K | $3.6M | 0.1% | New |
| FDX FEDEX CORP | Industrials | 9.3K | $3.3M | 0.1% | +674.6% |
| LYB LYONDELLBASELL INDU-CL A | Other | 41.0K | $3.3M | 0.1% | +45.6% |
| GOOG ALPHABET INC-CL C | Technology | 10.9K | $3.1M | 0.1% | +18.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 6.5K | $3.1M | 0.1% | -38.2% |
| BWA BORGWARNER INC | Industrials | 57.1K | $3.1M | 0.1% | New |
| VZ VERIZON COMMUNICATIONS INC | Communications | 60.9K | $3.1M | 0.1% | -11.9% |
| ADSK AUTODESK INC | Technology | 12.4K | $3.0M | 0.1% | -27.7% |
| LVS LAS VEGAS SANDS CORP | Services media | 54.1K | $2.9M | 0.1% | +34.6% |
| TFSL TFS FINANCIAL CORP | Financials | 204.0K | $2.9M | 0.0% | -4.9% |
| PFE PFIZER INC | Healthcare | 101.9K | $2.9M | 0.0% | New |
| NYT NEW YORK TIMES CO-A | Other | 33.5K | $2.8M | 0.0% | +33.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 439 | $5.80B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 429 | $4.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 17, 2025 | 433 | $3.73B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Aug 18, 2025 | 721 | $3.30B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 15, 2025 | 897 | $3.19B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 16, 2025 | 376 | $2.61B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ANEW HOLDINGS | May 16, 2025 | 897 | $3.19B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 1283 | $2.54B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 343 | $2.33B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 28, 2024 | 269 | $1.47B | canonical | SEC ↗ |