Keudell/Morrison Wealth Management
Long book
$489.0M
Q1 2026
Positions
245
Top-10 weight
46%
concentration
Last quarter
+9.9%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsKeudell/Morrison Wealth Management is a wealth-management firm allocating client money, running a $489.0M US long book across 245 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB US DVD EQUITY ETF, TCW FLEXIBLE INCOME ETF, DIMENSIONAL US CORE EQUITY 2, VANGUARD EMERG MKTS GOV BND, SCHWAB FNDMN INTL LRG CO ETF.
Over the last 8 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 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
Q1 2024
+2.4%
Q2 2024
+6.1%
Q3 2024
-0.9%
Q4 2024
+0.5%
Q1 2025
+5.1%
Q2 2025
+5.9%
Q4 2025
+2.1%
Q1 2026
+9.9%
Sector allocation
Technology 33%
Healthcare 13%
Industrials 11%
Consumer discretionary 9%
Financials 9%
Energy 9%
Services media 4%
Consumer staples 4%
Long book by quarter
What does Keudell/Morrison Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 66.7K | $16.9M | 3.5% | +1.8% |
| GOOG ALPHABET INC-CL C | Technology | 29.0K | $8.3M | 1.7% | -0.9% |
| MSFT MICROSOFT CORP | Technology | 19.9K | $7.4M | 1.5% | +0.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 35.1K | $7.3M | 1.5% | +2.8% |
| XOM EXXON MOBIL CORP | Energy | 36.8K | $6.2M | 1.3% | -4.0% |
| LLY ELI LILLY & CO | Healthcare | 5.0K | $4.6M | 0.9% | -3.7% |
| LRCX LAM RESEARCH CORP | Industrials | 20.9K | $4.5M | 0.9% | +0.9% |
| ABBV ABBVIE INC | Healthcare | 20.0K | $4.4M | 0.9% | +0.3% |
| CVX CHEVRON CORP | Energy | 18.6K | $3.8M | 0.8% | +5.2% |
| NVDA NVIDIA CORP | Technology | 21.2K | $3.7M | 0.8% | +0.5% |
| GOOGL ALPHABET INC-CL A | Technology | 12.8K | $3.7M | 0.8% | +2.9% |
| V VISA INC-CLASS A SHARES | Services media | 11.2K | $3.4M | 0.7% | -1.7% |
| RTX RTX CORP | Industrials | 17.0K | $3.3M | 0.7% | -1.0% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 18.7K | $3.1M | 0.6% | +1.4% |
| HD HOME DEPOT INC | Consumer discretionary | 9.2K | $3.0M | 0.6% | -0.1% |
| CAT CATERPILLAR INC | Industrials | 4.1K | $2.9M | 0.6% | -32.1% |
| JPM JPMORGAN CHASE & CO | Financials | 9.5K | $2.8M | 0.6% | +6.6% |
| USB US BANCORP | Financials | 51.9K | $2.7M | 0.6% | -3.0% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 52.1K | $2.6M | 0.5% | -2.2% |
| GILD GILEAD SCIENCES INC | Healthcare | 15.0K | $2.1M | 0.4% | -6.3% |
| SYK STRYKER CORP | Healthcare | 6.1K | $2.0M | 0.4% | Held |
| T AT&T INC | Communications | 68.9K | $2.0M | 0.4% | +6.9% |
| MO ALTRIA GROUP INC | Consumer staples | 30.1K | $2.0M | 0.4% | -0.6% |
| QCOM QUALCOMM INC | Technology | 14.2K | $1.8M | 0.4% | +0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.3K | $1.8M | 0.4% | -16.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.8K | $1.8M | 0.4% | +1.5% |
| META META PLATFORMS INC-CLASS A | Technology | 3.1K | $1.8M | 0.4% | -1.7% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.3K | $1.7M | 0.4% | +0.3% |
| AMGN AMGEN INC | Healthcare | 4.9K | $1.7M | 0.4% | -8.5% |
| NKE NIKE INC -CL B | Other | 32.0K | $1.7M | 0.3% | +5.6% |
| MRK MERCK & CO. INC. | Healthcare | 13.4K | $1.6M | 0.3% | +5.7% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 4.6K | $1.6M | 0.3% | +0.7% |
| ELV ELEVANCE HEALTH INC | Financials | 5.0K | $1.5M | 0.3% | +0.1% |
| AVGO BROADCOM INC | Technology | 4.5K | $1.4M | 0.3% | +1.3% |
| ORCL ORACLE CORP | Technology | 9.1K | $1.3M | 0.3% | -1.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.8K | $1.3M | 0.3% | -5.1% |
| TTE TOTALENERGIES SE | Energy | 14.4K | $1.3M | 0.3% | +2.3% |
| WMT WALMART INC | Consumer discretionary | 10.2K | $1.3M | 0.3% | +1.2% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 20.4K | $1.2M | 0.3% | -11.7% |
| CSCO CISCO SYSTEMS INC | Technology | 15.4K | $1.2M | 0.2% | +2.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 4.6K | $1.1M | 0.2% | +0.4% |
| CRM SALESFORCE INC | Technology | 5.9K | $1.1M | 0.2% | -9.9% |
| ENB ENBRIDGE INC | Energy | 20.0K | $1.1M | 0.2% | -7.3% |
| INTC INTEL CORP | Technology | 24.4K | $1.1M | 0.2% | -1.0% |
| NFLX NETFLIX INC | Services media | 10.9K | $1.1M | 0.2% | +16.8% |
| SBUX STARBUCKS CORP | Consumer discretionary | 11.6K | $1.0M | 0.2% | -7.9% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.7K | $1.0M | 0.2% | -0.3% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 3.1K | $1.0M | 0.2% | +6.2% |
| VLO VALERO ENERGY CORP | Energy | 4.1K | $1.0M | 0.2% | +5.3% |
| WFC WELLS FARGO & CO | Financials | 12.1K | $964K | 0.2% | +7.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 245 | $489.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 232 | $475.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 228 | $450.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 218 | $424.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 220 | $383.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 219 | $368.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 206 | $341.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 204 | $330.4M | canonical | SEC ↗ |