Level Financial Advisors
Long book
$392.1M
Q1 2026
Positions
92
Top-10 weight
55%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsLevel Financial Advisors is a wealth-management firm allocating client money, running a $392.1M US long book across 92 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, VANGUARD SHORT-TERM TREASURY, VANGUARD FTSE DEVELOPED ETF, VANGUARD SHORT-TERM BOND ETF, DIM GLOBAL REAL ESTATE ETF.
Over the last 9 quarters its long book ran on average 1.2pp 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
+1.5%
Q2 2024
+6.3%
Q3 2024
-1.6%
Q4 2024
-0.3%
Q1 2025
+6.3%
Q2 2025
+5.4%
Q3 2025
+2.3%
Q4 2025
-0.0%
Q1 2026
+9.2%
Sector allocation
Technology 29%
Other 24%
Industrials 16%
Financials 9%
Materials 7%
Consumer discretionary 4%
Energy 3%
Utilities 3%
Long book by quarter
What does Level Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PG PROCTER & GAMBLE CO/THE | Other | 34.6K | $5.0M | 1.3% | -5.3% |
| AAPL APPLE INC | Technology | 8.5K | $2.2M | 0.6% | +7.1% |
| LRCX LAM RESEARCH CORP | Industrials | 7.1K | $1.5M | 0.4% | Held |
| LIN LINDE PLC | Materials | 2.9K | $1.5M | 0.4% | New |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 12.4K | $1.2M | 0.3% | Held |
| NVDA NVIDIA CORP | Technology | 6.1K | $1.1M | 0.3% | +10.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.0K | $949K | 0.2% | -4.3% |
| MSFT MICROSOFT CORP | Technology | 2.2K | $830K | 0.2% | -1.4% |
| GOOGL ALPHABET INC-CL A | Technology | 2.6K | $752K | 0.2% | +6.3% |
| JPM JPMORGAN CHASE & CO | Financials | 2.2K | $661K | 0.2% | -20.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.9K | $603K | 0.2% | +1.6% |
| NEE NEXTERA ENERGY INC | Utilities | 6.5K | $603K | 0.2% | +0.2% |
| NOC NORTHROP GRUMMAN CORP | Technology | 767 | $523K | 0.1% | -0.1% |
| META META PLATFORMS INC-CLASS A | Technology | 814 | $466K | 0.1% | +7.7% |
| XOM EXXON MOBIL CORP | Energy | 2.7K | $462K | 0.1% | -0.4% |
| LLY ELI LILLY & CO | Healthcare | 447 | $411K | 0.1% | -2.4% |
| NFLX NETFLIX INC | Services media | 3.7K | $358K | 0.1% | +0.3% |
| MTB M & T BANK CORP | Financials | 1.7K | $350K | 0.1% | +0.2% |
| GOOG ALPHABET INC-CL C | Technology | 1.2K | $337K | 0.1% | +2.5% |
| CVX CHEVRON CORP | Energy | 1.3K | $268K | 0.1% | -5.7% |
| HD HOME DEPOT INC | Consumer discretionary | 750 | $247K | 0.1% | -6.5% |
| GE GENERAL ELECTRIC | Industrials | 847 | $240K | 0.1% | +0.8% |
| TSLA TESLA INC | Industrials | 642 | $239K | 0.1% | +8.8% |
| BA BOEING CO/THE | Industrials | 1.1K | $214K | 0.1% | -0.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 10, 2026 | 92 | $392.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 95 | $378.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 94 | $354.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 90 | $321.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 85 | $294.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 79 | $272.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 10, 2024 | 75 | $262.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 23, 2024 | 67 | $230.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 72 | $220.5M | canonical | SEC ↗ |