KITCHING PARTNERS, LLC
Long book
$108.7M
Q1 2026
Positions
40
Top-10 weight
84%
concentration
Last quarter
+5.9%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsKITCHING PARTNERS, LLC is a wealth-management firm allocating client money, running a $108.7M US long book across 40 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD DIVIDEND APPREC ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD ULTRA SHORT BOND ET, ISHARES 0-5 YR HY CORP BOND, SS SPDR S&P DIVIDEND ETF.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 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
+0.2%
Q2 2024
+7.5%
Q3 2024
-1.3%
Q4 2024
+1.6%
Q1 2025
+6.0%
Q2 2025
+5.7%
Q3 2025
+3.0%
Q4 2025
+0.4%
Q1 2026
+5.9%
Sector allocation
Technology 51%
Financials 12%
Industrials 11%
Consumer discretionary 9%
Materials 7%
Consumer staples 6%
Healthcare 4%
Long book by quarter
What does KITCHING PARTNERS, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 6.3K | $1.1M | 1.0% | +9.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.0K | $619K | 0.6% | -9.2% |
| NN NEXTNAV INC | Technology | 35.4K | $568K | 0.5% | Held |
| CSX CSX CORP | Industrials | 11.0K | $452K | 0.4% | +0.4% |
| GOOGL ALPHABET INC-CL A | Technology | 1.4K | $402K | 0.4% | +45.7% |
| EBC EASTERN BANKSHARES INC | Financials | 20.5K | $401K | 0.4% | +0.7% |
| AXP AMERICAN EXPRESS CO | Financials | 1.3K | $396K | 0.4% | +10.1% |
| MSFT MICROSOFT CORP | Technology | 1.1K | $390K | 0.4% | -36.4% |
| META META PLATFORMS INC-CLASS A | Technology | 598 | $342K | 0.3% | +15.0% |
| AAPL APPLE INC | Technology | 1.3K | $324K | 0.3% | -22.1% |
| PHG KONINKLIJKE PHILIPS NVR- NY | Healthcare | 11.3K | $308K | 0.3% | Held |
| TSLA TESLA INC | Industrials | 760 | $283K | 0.3% | +46.2% |
| CDE COEUR MINING INC | Materials | 13.6K | $256K | 0.2% | New |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 1.3K | $218K | 0.2% | -35.4% |
| PEP PEPSICO INC | Consumer staples | 1.4K | $217K | 0.2% | New |
| AVGO BROADCOM INC | Technology | 677 | $210K | 0.2% | -10.9% |
| NN NEXTNAV INC. | Technology | 30.7K | $194K | 0.2% | Held |
| ORLA ORLA MINING LTD | Materials | 12.0K | $194K | 0.2% | Held |
| ABTC AMERICAN BITCOIN CORP-A | Financials | 40.8K | $38K | 0.0% | +87.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 45 | $108.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 18, 2026 | 42 | $109.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 39 | $105.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 35 | $98.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 35 | $86.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 32 | $78.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 28 | $74.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 20 | $55.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 18 | $52.7M | canonical | SEC ↗ |