Lee Financial Co
Long book
$708.8M
Q1 2026
Positions
145
Top-10 weight
72%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsLee Financial Co is a wealth-management firm allocating client money, running a $708.8M US long book across 145 positions.
The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES CORE S&P MIDCAP ETF, SCHWAB FNDMNTL US LRG CO ETF, ISHARES S&P 500 GROWTH ETF, BERKSHIRE HATHAWAY INC-CL B.
Over the last 9 quarters its long book ran on average 0.4pp 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
+1.8%
Q2 2024
+7.0%
Q3 2024
+1.5%
Q4 2024
-0.7%
Q1 2025
+6.3%
Q2 2025
+7.3%
Q3 2025
+2.5%
Q4 2025
-0.3%
Q1 2026
+11.2%
Sector allocation
Financials 32%
Technology 26%
Consumer discretionary 8%
Utilities 7%
Energy 7%
Healthcare 6%
Services media 3%
Industrials 3%
Long book by quarter
What does Lee Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 70.7K | $33.9M | 4.8% | -6.4% |
| AAPL APPLE INC | Technology | 65.2K | $16.5M | 2.3% | -2.4% |
| MSFT MICROSOFT CORP | Technology | 13.9K | $5.2M | 0.7% | -9.4% |
| AVGO BROADCOM INC | Technology | 13.0K | $4.0M | 0.6% | -12.4% |
| NEM NEWMONT CORP | Materials | 33.1K | $3.6M | 0.5% | +3.7% |
| NVDA NVIDIA CORP | Technology | 19.2K | $3.3M | 0.5% | +2.2% |
| JPM JPMORGAN CHASE & CO | Financials | 10.1K | $3.0M | 0.4% | -3.6% |
| XOM EXXON MOBIL CORP | Energy | 16.9K | $2.9M | 0.4% | -10.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 14.5K | $2.4M | 0.3% | -0.5% |
| ETR ENTERGY CORP | Utilities | 20.1K | $2.3M | 0.3% | -0.5% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 35.6K | $2.1M | 0.3% | -0.4% |
| OKE ONEOK INC | Utilities | 21.7K | $2.0M | 0.3% | Held |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 51.8K | $2.0M | 0.3% | +0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 9.2K | $1.9M | 0.3% | -4.0% |
| RTX RTX CORP | Industrials | 10.0K | $1.9M | 0.3% | -0.8% |
| ABBV ABBVIE INC | Healthcare | 8.8K | $1.9M | 0.3% | -19.6% |
| KO COCA-COLA CO/THE | Consumer staples | 25.0K | $1.9M | 0.3% | -2.8% |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 37.8K | $1.8M | 0.3% | -14.0% |
| HD HOME DEPOT INC | Consumer discretionary | 5.6K | $1.8M | 0.3% | -6.6% |
| WMT WALMART INC | Consumer discretionary | 14.5K | $1.8M | 0.3% | -0.4% |
| WMB WILLIAMS COS INC | Utilities | 23.0K | $1.7M | 0.2% | +166.8% |
| MS MORGAN STANLEY | Financials | 9.9K | $1.6M | 0.2% | -2.3% |
| LLY ELI LILLY & CO | Healthcare | 1.7K | $1.6M | 0.2% | -1.6% |
| VNOM VIPER ENERGY INC-CL A | Energy | 33.3K | $1.6M | 0.2% | -0.3% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 6.4K | $1.5M | 0.2% | -0.5% |
| QSR RESTAURANT BRANDS INTERN | Consumer discretionary | 19.6K | $1.5M | 0.2% | -0.6% |
| FAST FASTENAL CO | Consumer discretionary | 30.2K | $1.4M | 0.2% | -0.4% |
| BR BROADRIDGE FINANCIAL SOLUTIO | Services media | 8.6K | $1.4M | 0.2% | +15.7% |
| GOOG ALPHABET INC-CL C | Technology | 4.9K | $1.4M | 0.2% | -9.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 13.0K | $1.3M | 0.2% | -10.0% |
| ORI OLD REPUBLIC INTL CORP | Financials | 33.4K | $1.3M | 0.2% | -0.4% |
| BLK BLACKROCK INC | Financials | 1.3K | $1.3M | 0.2% | -0.5% |
| TXN TEXAS INSTRUMENTS INC | Technology | 6.3K | $1.2M | 0.2% | New |
| SCI SERVICE CORP INTERNATIONAL | Services media | 14.6K | $1.2M | 0.2% | -0.5% |
| STE STERIS PLC | Healthcare | 5.2K | $1.2M | 0.2% | -9.8% |
| AMGN AMGEN INC | Healthcare | 3.2K | $1.1M | 0.2% | -0.4% |
| ENB ENBRIDGE INC | Energy | 20.2K | $1.1M | 0.2% | -44.5% |
| CSCO CISCO SYSTEMS INC | Technology | 14.1K | $1.1M | 0.2% | -38.2% |
| WTRG ESSENTIAL UTILITIES INC | Utilities | 27.1K | $1.1M | 0.2% | -0.4% |
| ALLY ALLY FINANCIAL INC | Financials | 27.4K | $1.1M | 0.2% | -0.4% |
| DELL DELL TECHNOLOGIES -C | Technology | 6.4K | $1.1M | 0.1% | New |
| ETN EATON CORP PLC | Industrials | 2.9K | $1.0M | 0.1% | +343.6% |
| MA MASTERCARD INC - A | Services media | 2.0K | $1.0M | 0.1% | -0.9% |
| MCHP MICROCHIP TECHNOLOGY INC | Technology | 15.0K | $968K | 0.1% | New |
| GOOGL ALPHABET INC-CL A | Technology | 3.2K | $920K | 0.1% | -20.5% |
| ORCL ORACLE CORP | Technology | 6.0K | $881K | 0.1% | -3.1% |
| META META PLATFORMS INC-CLASS A | Technology | 1.4K | $828K | 0.1% | -2.4% |
| IP INTERNATIONAL PAPER CO | Other | 21.8K | $778K | 0.1% | -0.4% |
| PAYX PAYCHEX INC | Services media | 8.4K | $775K | 0.1% | -25.9% |
| V VISA INC-CLASS A SHARES | Services media | 2.6K | $773K | 0.1% | -10.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 211 | $708.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 205 | $741.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 259 | $797.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 208 | $697.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 206 | $654.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 273 | $712.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 277 | $704.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 221 | $613.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 216 | $599.8M | canonical | SEC ↗ |