Koesten, Hirschmann & Crabtree, INC.
Long book
$205.2M
Q1 2026
Positions
41
Top-10 weight
89%
concentration
Last quarter
+13.3%
SPY +14.8%
Turnover
2%
of book per quarter
Strategy in plain words
auto-generated from filingsKoesten, Hirschmann & Crabtree, INC. is a wealth-management firm allocating client money, running a $205.2M US long book across 41 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB FNDMNTL US LRG CO ETF, VANGUARD LARGE-CAP ETF, SCHWAB INTL EQUITY ETF, VANGUARD SMALL-CAP ETF, SCHWAB US LARGE-CAP ETF.
Over the last 9 quarters its long book ran on average 0.2pp 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
+1.2%
Q2 2024
+7.2%
Q3 2024
-0.8%
Q4 2024
-1.3%
Q1 2025
+8.7%
Q2 2025
+7.4%
Q3 2025
+3.1%
Q4 2025
+0.1%
Q1 2026
+13.3%
Sector allocation
Technology 58%
Services media 10%
Other 9%
Consumer discretionary 9%
Financials 5%
Industrials 5%
Consumer staples 4%
Long book by quarter
What does Koesten, Hirschmann own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 8.7K | $2.2M | 1.1% | -4.2% |
| ADTN ADTRAN HOLDINGS INC | Technology | 84.9K | $1.1M | 0.5% | +20.4% |
| NFLX NETFLIX INC | Services media | 7.3K | $702K | 0.3% | +3.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.9K | $422K | 0.2% | +2.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 402 | $400K | 0.2% | -15.7% |
| MSFT MICROSOFT CORP | Technology | 1.1K | $389K | 0.2% | +20.0% |
| UMBF UMB FINANCIAL CORP | Financials | 3.4K | $382K | 0.2% | Held |
| TSLA TESLA INC | Industrials | 939 | $349K | 0.2% | Held |
| PEP PEPSICO INC | Consumer staples | 1.9K | $291K | 0.1% | Held |
| JKHY JACK HENRY & ASSOCIATES INC | Technology | 1.8K | $283K | 0.1% | +0.1% |
| WMT WALMART INC | Consumer discretionary | 2.0K | $243K | 0.1% | Held |
| CL COLGATE-PALMOLIVE CO | Other | 2.7K | $227K | 0.1% | Held |
| AVGO BROADCOM INC | Technology | 680 | $210K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 41 | $205.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 42 | $203.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 286 | $209.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 15, 2025 | 368 | $193.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 235 | $4.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 32 | $163.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 223 | $171.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Sep 9, 2024 | 241 | $155.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 22, 2024 | 226806 | $155.7M | canonical | SEC ↗ |