Latash Investments, LLC
Long book
$128.8M
Q1 2026
Positions
19
Top-10 weight
98%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsLatash Investments, LLC is a concentrated fundamental stock-picker, specialised in financials (87% of the long book), running a $128.8M US long book across 19 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: WELLS FARGO & CO, ALPHABET INC-CL A, ALPHABET INC-CL C, WILLIS LEASE FINANCE CORP, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.2%
Q2 2024
-0.9%
Q3 2024
+22.2%
Q4 2024
+0.5%
Q1 2025
+11.8%
Q2 2025
+6.7%
Q3 2025
+11.4%
Q4 2025
-13.4%
Q1 2026
+9.7%
Sector allocation
Financials 87%
Technology 7%
Consumer discretionary 2%
Healthcare 1%
Industrials 1%
Services media 0%
Other 0%
Energy 0%
Long book by quarter
What does Latash Investments, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WFC WELLS FARGO & CO | Financials | 1.4M | $110.4M | 85.7% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 12.5K | $3.6M | 2.8% | Held |
| GOOG ALPHABET INC-CL C | Technology | 12.5K | $3.6M | 2.8% | Held |
| WLFC WILLIS LEASE FINANCE CORP | Consumer discretionary | 13.5K | $2.3M | 1.8% | Held |
| MSFT MICROSOFT CORP | Technology | 4.6K | $1.7M | 1.3% | Held |
| AQST AQUESTIVE THERAPEUTICS INC | Healthcare | 243.1K | $1.0M | 0.8% | Held |
| BX BLACKSTONE INC | Financials | 7.8K | $894K | 0.7% | Held |
| ITW ILLINOIS TOOL WORKS | Industrials | 2.9K | $767K | 0.6% | Held |
| UAL UNITED AIRLINES HOLDINGS INC | Industrials | 7.7K | $712K | 0.6% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.5K | $599K | 0.5% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 5.3K | $380K | 0.3% | Held |
| QBTS D-WAVE QUANTUM INC | Technology | 26.2K | $378K | 0.3% | New |
| PG PROCTER & GAMBLE CO/THE | Other | 2.1K | $308K | 0.2% | Held |
| BAC BANK OF AMERICA CORP | Financials | 5.4K | $263K | 0.2% | Held |
| RRC RANGE RESOURCES CORP | Energy | 5.6K | $251K | 0.2% | New |
| ANAB ANAPTYSBIO INC | Healthcare | 4.4K | $244K | 0.2% | Held |
| GIS GENERAL MILLS INC | Consumer staples | 6.4K | $240K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 19 | $128.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 18 | $148.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 17 | $137.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 18 | $129.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 17 | $121.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 16 | $128.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 17 | $108.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 17 | $123.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 20 | $140.7M | canonical | SEC ↗ |