Leisure Capital Management

Fundamental diversified ★Signal CIK 1631507
League rank
#466
in Fundamental diversified · #2850 overall
Long book
$285.7M
Q1 2026
Positions
154
Top-10 weight
42%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Leisure Capital Management is a diversified fundamental manager, running a $285.7M US long book across 154 positions.

The portfolio is moderately concentrated (top 10 ≈ 42% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, SCHWAB US LARGE-CAP ETF, HARBOR LONG-TERM GROWERS ETF, SABRA HEALTH CARE REIT INC, GMO U.S. QUALITY ETF.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.3%
Q2 2024
+6.2%
Q3 2024
+0.9%
Q4 2024
-2.8%
Q1 2025
+7.9%
Q2 2025
+8.8%
Q3 2025
+2.8%
Q4 2025
-2.0%
Q1 2026
+12.7%

Sector allocation

Technology
40%
Financials
15%
Consumer discretionary
10%
Industrials
9%
Other
7%
Healthcare
5%
Energy
4%
Services media
3%

Long book by quarter

$199.4M
Q1 2024
$214.6M
Q2 2024
$234.0M
Q3 2024
$255.3M
Q4 2024
$243.7M
Q1 2025
$265.3M
Q2 2025
$292.0M
Q3 2025
$302.0M
Q4 2025
$285.7M
Q1 2026

What does Leisure Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology143.4K$36.4M12.7%-1.0%
MSFT MICROSOFT CORPTechnology24.0K$8.9M3.1%-0.6%
COST COSTCO WHOLESALE CORPConsumer discretionary6.2K$6.2M2.2%-0.1%
JPM JPMORGAN CHASE & COFinancials17.9K$5.3M1.8%-3.0%
AVGO BROADCOM INCTechnology16.8K$5.2M1.8%-11.3%
STXN SEAGATE TECHNOLOGY HOLDINGS13.1K$5.1M1.8%-15.2%
GOOG ALPHABET INC-CL CTechnology17.5K$5.0M1.8%-3.9%
GOOGL ALPHABET INC-CL ATechnology15.8K$4.5M1.6%-4.2%
NVDA NVIDIA CORPTechnology22.8K$4.0M1.4%-4.1%
JNJ JOHNSON & JOHNSONHealthcare15.1K$3.7M1.3%-2.6%
HON HONEYWELL INTERNATIONAL INCIndustrials16.0K$3.6M1.3%+0.3%
GLW CORNING INCIndustrials24.8K$3.4M1.2%-10.4%
NFLX NETFLIX INCServices media34.3K$3.3M1.2%-7.1%
KLAC KLA CORPOther2.2K$3.3M1.1%-7.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials5.9K$2.8M1.0%+60.5%
META META PLATFORMS INC-CLASS ATechnology4.9K$2.8M1.0%-3.3%
HD HOME DEPOT INCConsumer discretionary7.5K$2.5M0.9%-0.1%
CSCO CISCO SYSTEMS INCTechnology31.5K$2.4M0.9%-5.0%
PG PROCTER & GAMBLE CO/THEOther16.4K$2.4M0.8%-6.9%
AMZN AMAZON.COM INCConsumer discretionary11.1K$2.3M0.8%-21.5%
QCOM QUALCOMM INCTechnology17.4K$2.2M0.8%-2.8%
AMP AMERIPRISE FINANCIAL INCFinancials4.8K$2.1M0.8%Held
NEM NEWMONT CORPMaterials19.1K$2.1M0.7%-16.0%
GS GOLDMAN SACHS GROUP INCFinancials2.4K$2.1M0.7%Held
MPC MARATHON PETROLEUM CORPEnergy8.1K$2.0M0.7%Held
LOW LOWE'S COS INCConsumer discretionary8.3K$2.0M0.7%-4.7%
XOM EXXON MOBIL CORPEnergy10.9K$1.9M0.6%Held
RGLD ROYAL GOLD INCFinancials7.3K$1.9M0.6%-8.5%
CVX CHEVRON CORPEnergy8.6K$1.8M0.6%-1.3%
COP CONOCOPHILLIPSEnergy13.4K$1.8M0.6%-6.6%
CAT CATERPILLAR INCIndustrials2.4K$1.7M0.6%+0.2%
AMGN AMGEN INCHealthcare4.9K$1.7M0.6%-4.2%
MCK MCKESSON CORPConsumer discretionary2.0K$1.7M0.6%+0.1%
PEP PEPSICO INCConsumer staples10.8K$1.7M0.6%-8.3%
V VISA INC-CLASS A SHARESServices media5.5K$1.7M0.6%-4.1%
ITW ILLINOIS TOOL WORKSIndustrials6.4K$1.7M0.6%-4.1%
MNST MONSTER BEVERAGE CORPConsumer staples22.2K$1.6M0.6%-0.3%
MCD MCDONALD'S CORPConsumer discretionary5.1K$1.6M0.6%-5.3%
WFC WELLS FARGO & COFinancials20.0K$1.6M0.6%Held
FSLR FIRST SOLAR INCTechnology8.0K$1.6M0.6%-7.0%
DE DEERE & COIndustrials2.7K$1.5M0.5%-9.2%
ALL ALLSTATE CORPFinancials6.9K$1.4M0.5%-3.5%
AXP AMERICAN EXPRESS COFinancials4.7K$1.4M0.5%-0.2%
RY ROYAL BANK OF CANADAFinancials8.4K$1.4M0.5%-7.9%
BLK BLACKROCK INCFinancials1.4K$1.3M0.5%-7.4%
MO ALTRIA GROUP INCConsumer staples19.5K$1.3M0.5%-8.6%
SCHW SCHWAB (CHARLES) CORPFinancials13.4K$1.3M0.4%-1.4%
ES EVERSOURCE ENERGYUtilities17.9K$1.2M0.4%-7.2%
MRK MERCK & CO. INC.Healthcare10.1K$1.2M0.4%-46.0%
COF CAPITAL ONE FINANCIAL CORPFinancials6.7K$1.2M0.4%-10.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026154$285.7M canonicalSEC ↗
Q4 202513F-HRJan 27, 2026153$302.0M canonicalSEC ↗
Q3 202513F-HRNov 6, 2025142$292.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025135$265.3M canonicalSEC ↗
Q1 202513F-HRMay 9, 2025136$243.7M canonicalSEC ↗
Q4 202413F-HRJan 24, 2025141$255.3M canonicalSEC ↗
Q3 202413F-HROct 16, 2024141$234.0M canonicalSEC ↗
Q2 202413F-HRJul 26, 2024137$214.6M canonicalSEC ↗
Q1 202413F-HRMay 6, 2024130$199.4M canonicalSEC ↗