KESTRA PRIVATE WEALTH SERVICES, LLC

Diversified mechanical Mechanical CIK 1649451
League rank
#163
in Diversified mechanical · #3298 overall
Long book
$8.11B
Q1 2026
Positions
1757
Top-10 weight
17%
concentration
Last quarter
+12.1%
SPY +14.8%
Turnover
16%
of book per quarter

Strategy in plain words

auto-generated from filings

KESTRA PRIVATE WEALTH SERVICES, LLC is a mechanically diversified allocator, running a $8.11B US long book across 1757 positions.

The portfolio is broadly diversified across 1757 positions (top 10 only 17%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, AMAZON.COM INC, MICROSOFT CORP, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.4pp 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
+2.7%
Q2 2024
+5.8%
Q3 2024
+2.0%
Q4 2024
-2.8%
Q1 2025
+9.5%
Q2 2025
+7.5%
Q3 2025
+2.2%
Q4 2025
-2.2%
Q1 2026
+12.1%

Sector allocation

Technology
36%
Industrials
12%
Financials
12%
Consumer discretionary
12%
Healthcare
8%
Services media
5%
Energy
4%
Utilities
4%

Long book by quarter

$4.43B
Q1 2024
$4.99B
Q2 2024
$5.45B
Q3 2024
$5.88B
Q4 2024
$6.00B
Q1 2025
$6.95B
Q2 2025
$7.66B
Q3 2025
$8.04B
Q4 2025
$8.11B
Q1 2026

What does KESTRA PRIVATE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology1.1M$269.5M3.3%+1.7%
NVDA NVIDIA CORPTechnology1.5M$257.4M3.2%-3.7%
AMZN AMAZON.COM INCConsumer discretionary775.5K$161.5M2.0%-1.0%
MSFT MICROSOFT CORPTechnology387.6K$143.5M1.8%+6.3%
GOOGL ALPHABET INC-CL ATechnology435.7K$125.3M1.5%-1.2%
JPM JPMORGAN CHASE & COFinancials345.8K$101.7M1.3%+9.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials174.3K$83.5M1.0%-3.1%
COST COSTCO WHOLESALE CORPConsumer discretionary79.8K$79.5M1.0%+6.7%
AVGO BROADCOM INCTechnology231.3K$71.6M0.9%+7.0%
META META PLATFORMS INC-CLASS ATechnology119.7K$68.5M0.8%-7.2%
GOOG ALPHABET INC-CL CTechnology233.9K$67.1M0.8%-1.1%
TSLA TESLA INCIndustrials178.0K$66.2M0.8%-0.2%
V VISA INC-CLASS A SHARESServices media198.2K$59.9M0.7%+2.5%
WMT WALMART INCConsumer discretionary426.6K$53.0M0.7%-3.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology357.6K$52.3M0.6%-0.3%
LLY ELI LILLY & COHealthcare54.3K$49.9M0.6%+5.4%
XOM EXXON MOBIL CORPEnergy274.7K$46.6M0.6%-4.4%
CVX CHEVRON CORPEnergy222.2K$46.0M0.6%+12.5%
RTX RTX CORPIndustrials209.0K$40.3M0.5%+1.9%
ABBV ABBVIE INCHealthcare177.2K$38.5M0.5%+3.1%
HD HOME DEPOT INCConsumer discretionary117.1K$38.5M0.5%+0.6%
MRK MERCK & CO. INC.Healthcare260.1K$31.3M0.4%+1.5%
MU MICRON TECHNOLOGY INCTechnology91.9K$31.1M0.4%-3.0%
NFLX NETFLIX INCServices media317.9K$30.6M0.4%+1.4%
JNJ JOHNSON & JOHNSONHealthcare123.5K$30.2M0.4%+2.7%
AMGN AMGEN INCHealthcare79.3K$27.9M0.3%+8.3%
LMT LOCKHEED MARTIN CORPIndustrials46.0K$27.8M0.3%-3.6%
CAT CATERPILLAR INCIndustrials39.0K$27.6M0.3%-5.6%
CSCO CISCO SYSTEMS INCTechnology356.1K$27.6M0.3%+3.6%
GS GOLDMAN SACHS GROUP INCFinancials32.6K$27.5M0.3%-0.5%
NEE NEXTERA ENERGY INCUtilities286.5K$26.6M0.3%+1.3%
MS MORGAN STANLEYFinancials151.4K$24.9M0.3%-2.9%
PEP PEPSICO INCConsumer staples151.6K$23.5M0.3%+3.7%
ISRG INTUITIVE SURGICAL INCHealthcare51.0K$23.5M0.3%+1.1%
PG PROCTER & GAMBLE CO/THEOther150.1K$21.7M0.3%-10.4%
PSX PHILLIPS 66Energy118.1K$21.5M0.3%+1.0%
AMD ADVANCED MICRO DEVICESTechnology103.0K$21.0M0.3%+2.1%
IBM INTL BUSINESS MACHINES CORPTechnology85.9K$20.8M0.3%+4.6%
MCD MCDONALD'S CORPConsumer discretionary66.3K$20.6M0.3%-1.2%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology51.1K$20.0M0.2%-7.5%
GD GENERAL DYNAMICS CORPIndustrials57.7K$19.8M0.2%+4.1%
KO COCA-COLA CO/THEConsumer staples247.9K$18.9M0.2%+17.8%
ETN EATON CORP PLCIndustrials52.3K$18.7M0.2%+1.8%
BAC BANK OF AMERICA CORPFinancials378.4K$18.4M0.2%+1.4%
QCOM QUALCOMM INCTechnology142.1K$18.3M0.2%+0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 20, 20261762$8.11B canonicalSEC ↗
Q4 202513F-HRJan 29, 20261726$8.06B canonicalSEC ↗
Q3 202513F-HRNov 17, 20251667$7.67B canonicalSEC ↗
Q2 202513F-HRAug 7, 20251615$6.96B canonicalSEC ↗
Q1 202513F-HRMay 5, 20251506$6.00B canonicalSEC ↗
Q4 202413F-HRJan 28, 20251416$5.89B canonicalSEC ↗
Q3 202413F-HRNov 13, 20241368$5.45B canonicalSEC ↗
Q2 202413F-HRAug 12, 20241351$4.99B canonicalSEC ↗
Q1 202413F-HRMay 2, 20241310$4.43B canonicalSEC ↗