LBJ Family Wealth Advisors, Ltd.
Long book
$170.6M
Q1 2026
Positions
28
Top-10 weight
88%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
3%
of book per quarter
Strategy in plain words
auto-generated from filingsLBJ Family Wealth Advisors, Ltd. is a wealth-management firm allocating client money, running a $170.6M US long book across 28 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: ISHARES RUSSELL 1000 GROWTH, ISHARES RUSSELL 1000 VALUE E, ISHARES RUSSELL MID-CAP VALU, ISHARES RUSSELL MID-CAP GROW, ISHARES RUSSELL 2000 VALUE E.
Over the last 9 quarters its long book ran on average 0.6pp 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
+0.6%
Q2 2024
+7.3%
Q3 2024
+0.6%
Q4 2024
-3.6%
Q1 2025
+10.0%
Q2 2025
+7.2%
Q3 2025
+1.7%
Q4 2025
-1.6%
Q1 2026
+13.0%
Sector allocation
Energy 52%
Financials 22%
Technology 13%
Healthcare 7%
Consumer staples 6%
Long book by quarter
What does LBJ Family own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| XOM EXXON MOBIL CORP | Energy | 21.8K | $3.7M | 2.2% | Held |
| TCBI TEXAS CAPITAL BANCSHARES INC | Financials | 17.5K | $1.6M | 1.0% | -5.5% |
| STTK SHATTUCK LABS INC | Healthcare | 82.2K | $490K | 0.3% | Held |
| CPB THE CAMPBELL'S COMPANY | Consumer staples | 18.6K | $413K | 0.2% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 1.1K | $406K | 0.2% | Held |
| AAPL APPLE INC | Technology | 1.2K | $300K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 1.6K | $263K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 2, 2026 | 28 | $170.6M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 2, 2026 | 29 | $181.8M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 7, 2025 | 29 | $183.4M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 7, 2025 | 27 | $171.9M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 1, 2025 | 28 | $156.6M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ANEW HOLDINGS | Apr 1, 2025 | 29 | $167.7M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 7, 2025 | 29 | $159.1M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ANEW HOLDINGS | Apr 1, 2025 | 28 | $168.5M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 1, 2024 | 28 | $168.5M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ANEW HOLDINGS | Apr 1, 2025 | 28 | $159.1M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 28 | $159.1M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 2, 2024 | 23 | $157.4M | $K fixed canonical | SEC ↗ |