LIBERTY WEALTH MANAGEMENT LLC
Long book
$800.4M
Q1 2026
Positions
268
Top-10 weight
36%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsLIBERTY WEALTH MANAGEMENT LLC is a wealth-management firm allocating client money, running a $800.4M US long book across 268 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US CORE EQUITY M, DIMENSIONAL US CORE EQUITY 2, ISHARES S&P 500 GROWTH ETF, ISHRS US E F R A ETF-USD INC, ISHARES CORE S&P 500 ETF.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 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
+2.6%
Q2 2024
+6.1%
Q3 2024
-0.4%
Q4 2024
-2.8%
Q1 2025
+9.5%
Q2 2025
+7.8%
Q3 2025
+2.9%
Q4 2025
-2.0%
Q1 2026
+12.0%
Sector allocation
Technology 59%
Industrials 9%
Healthcare 8%
Consumer discretionary 6%
Financials 5%
Energy 4%
Utilities 4%
Services media 3%
Long book by quarter
What does LIBERTY WEALTH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 111.8K | $28.4M | 3.5% | -4.4% |
| NVDA NVIDIA CORP | Technology | 101.7K | $17.7M | 2.2% | +4.8% |
| MSFT MICROSOFT CORP | Technology | 19.4K | $7.2M | 0.9% | +0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 26.9K | $5.6M | 0.7% | -2.7% |
| ENPH ENPHASE ENERGY INC | Technology | 146.3K | $5.5M | 0.7% | +12.5% |
| AMAT APPLIED MATERIALS INC | Technology | 15.9K | $5.4M | 0.7% | -16.3% |
| TSLA TESLA INC | Industrials | 14.1K | $5.2M | 0.7% | -5.1% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 10.0K | $4.6M | 0.6% | +0.7% |
| CVX CHEVRON CORP | Energy | 21.3K | $4.4M | 0.5% | -1.5% |
| GOOG ALPHABET INC-CL C | Technology | 14.5K | $4.2M | 0.5% | -6.6% |
| ORCL ORACLE CORP | Technology | 25.8K | $3.8M | 0.5% | +1.6% |
| WM WASTE MANAGEMENT INC | Utilities | 16.4K | $3.8M | 0.5% | +0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 12.3K | $3.5M | 0.4% | +8.4% |
| CSCO CISCO SYSTEMS INC | Technology | 44.4K | $3.4M | 0.4% | +0.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.5K | $2.6M | 0.3% | +2.9% |
| META META PLATFORMS INC-CLASS A | Technology | 4.5K | $2.6M | 0.3% | +8.4% |
| AVGO BROADCOM INC | Technology | 7.9K | $2.4M | 0.3% | +7.0% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 20.9K | $2.2M | 0.3% | +716.1% |
| HCA HCA HEALTHCARE INC | Healthcare | 3.8K | $1.8M | 0.2% | -6.1% |
| ABBV ABBVIE INC | Healthcare | 6.9K | $1.5M | 0.2% | -4.0% |
| JPM JPMORGAN CHASE & CO | Financials | 5.0K | $1.5M | 0.2% | -3.6% |
| LLY ELI LILLY & CO | Healthcare | 1.5K | $1.4M | 0.2% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.1K | $1.2M | 0.2% | -5.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 8.4K | $1.2M | 0.2% | +24.9% |
| BAC BANK OF AMERICA CORP | Financials | 25.1K | $1.2M | 0.2% | +0.8% |
| AMD ADVANCED MICRO DEVICES | Technology | 5.8K | $1.2M | 0.1% | +6.5% |
| V VISA INC-CLASS A SHARES | Services media | 3.6K | $1.1M | 0.1% | +3.2% |
| XOM EXXON MOBIL CORP | Energy | 6.4K | $1.1M | 0.1% | -6.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 7.3K | $1.0M | 0.1% | -8.1% |
| AMGN AMGEN INC | Healthcare | 2.9K | $1.0M | 0.1% | +22.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 269 | $801.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 249 | $774.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 251 | $710.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 1, 2025 | 233 | $637.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | May 12, 2025 | 158 | $522.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 296 | $545.7M | SEC ↗ | |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 229 | $599.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 230 | $588.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 233 | $546K | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 187 | $512.4M | $K fixed canonical | SEC ↗ |