LifeSteps Financial, Inc.

Wealth advisor Mechanical CIK 1801373
League rank
#232
in Wealth advisor · #1706 overall
Long book
$157.9M
Q1 2026
Positions
97
Top-10 weight
57%
concentration
Last quarter
+14.7%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

LifeSteps Financial, Inc. is a wealth-management firm allocating client money, running a $157.9M US long book across 97 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, INVESCO QQQ TRUST SERIES 1, NVIDIA CORP, APPLE INC, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 2 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
+4.0%
Q2 2024
+5.2%
Q3 2024
+2.4%
Q4 2024
-5.1%
Q1 2025
+10.7%
Q2 2025
+8.9%
Q3 2025
+2.0%
Q4 2025
-3.4%
Q1 2026
+14.7%

Sector allocation

Technology
44%
Financials
14%
Consumer discretionary
12%
Industrials
9%
Healthcare
6%
Energy
5%
Services media
4%
Consumer staples
2%

Long book by quarter

$132.5M
Q1 2024
$121.1M
Q2 2024
$127.8M
Q3 2024
$130.3M
Q4 2024
$123.3M
Q1 2025
$145.5M
Q2 2025
$155.7M
Q3 2025
$156.3M
Q4 2025
$157.9M
Q1 2026

What does LifeSteps Financial, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology48.8K$8.5M5.4%-2.1%
AAPL APPLE INCTechnology27.6K$7.0M4.4%-0.2%
MSFT MICROSOFT CORPTechnology14.3K$5.3M3.3%+2.4%
JPM JPMORGAN CHASE & COFinancials10.4K$3.1M1.9%+3.4%
USB US BANCORPFinancials50.4K$2.6M1.7%0.0%
AMZN AMAZON.COM INCConsumer discretionary10.5K$2.2M1.4%+1.7%
XOM EXXON MOBIL CORPEnergy11.9K$2.0M1.3%-4.8%
COST COSTCO WHOLESALE CORPConsumer discretionary1.6K$1.6M1.0%+4.6%
ABBV ABBVIE INCHealthcare7.3K$1.6M1.0%-0.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials3.1K$1.5M0.9%-0.7%
HD HOME DEPOT INCConsumer discretionary4.4K$1.4M0.9%-2.7%
WMT WALMART INCConsumer discretionary11.2K$1.4M0.9%+13.0%
CAT CATERPILLAR INCIndustrials1.7K$1.2M0.8%-0.8%
WFC WELLS FARGO & COFinancials13.9K$1.1M0.7%-0.2%
KO COCA-COLA CO/THEConsumer staples14.2K$1.1M0.7%Held
GOOG ALPHABET INC-CL CTechnology3.7K$1.1M0.7%+1.0%
JNJ JOHNSON & JOHNSONHealthcare4.1K$1.0M0.6%-0.2%
TSLA TESLA INCIndustrials2.6K$966K0.6%+7.6%
CVX CHEVRON CORPEnergy4.3K$893K0.6%Held
NEE NEXTERA ENERGY INCUtilities9.5K$883K0.6%-0.2%
ADP AUTOMATIC DATA PROCESSINGTechnology4.2K$863K0.5%Held
EMR EMERSON ELECTRIC COIndustrials5.7K$752K0.5%-0.2%
ITW ILLINOIS TOOL WORKSIndustrials2.7K$692K0.4%+0.1%
GOOGL ALPHABET INC-CL ATechnology2.3K$668K0.4%-2.4%
ASML ASML HOLDING NV-NY REG SHSIndustrials475$627K0.4%Held
MA MASTERCARD INC - AServices media1.3K$625K0.4%-0.5%
META META PLATFORMS INC-CLASS ATechnology1.0K$589K0.4%-1.7%
PG PROCTER & GAMBLE CO/THEOther4.1K$586K0.4%Held
CSCO CISCO SYSTEMS INCTechnology7.1K$554K0.4%+9.0%
NFLX NETFLIX INCServices media5.3K$507K0.3%-0.8%
GE GENERAL ELECTRICIndustrials1.7K$482K0.3%-0.6%
AVGO BROADCOM INCTechnology1.5K$464K0.3%+2.8%
UBER UBER TECHNOLOGIES INCServices media6.1K$437K0.3%+0.2%
QCOM QUALCOMM INCTechnology3.3K$428K0.3%-0.3%
GEV GE VERNOVA INCIndustrials449$392K0.2%-1.3%
IBM INTL BUSINESS MACHINES CORPTechnology1.6K$383K0.2%+22.1%
PEP PEPSICO INCConsumer staples2.4K$377K0.2%0.0%
AMGN AMGEN INCHealthcare1.0K$368K0.2%-16.3%
VZ VERIZON COMMUNICATIONS INCCommunications7.3K$367K0.2%-1.1%
MCD MCDONALD'S CORPConsumer discretionary1.1K$356K0.2%-0.6%
TSCO TRACTOR SUPPLY COMPANYConsumer discretionary7.7K$350K0.2%+10.7%
V VISA INC-CLASS A SHARESServices media1.1K$346K0.2%-2.6%
AMAT APPLIED MATERIALS INCTechnology924$316K0.2%Held
GNLX GENELUX CORPHealthcare118.9K$288K0.2%+0.7%
DIS WALT DISNEY CO/THEServices media2.8K$266K0.2%-17.1%
LRCX LAM RESEARCH CORPIndustrials1.2K$251K0.2%-7.6%
SRE SEMPRAUtilities2.6K$249K0.2%Held
GS GOLDMAN SACHS GROUP INCFinancials290$245K0.2%-5.2%
KMB KIMBERLY-CLARK CORPOther2.5K$244K0.2%Held
BAC 7.25 PERP L BANK OF AMERICA CORP202$241K0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 22, 202697$157.9M canonicalSEC ↗
Q4 202513F-HRJan 28, 202690$156.3M canonicalSEC ↗
Q3 202513F-HROct 16, 202589$155.7M canonicalSEC ↗
Q2 202513F-HRJul 23, 202586$145.5M canonicalSEC ↗
Q1 202513F-HRApr 23, 202582$123.3M canonicalSEC ↗
Q4 202413F-HRFeb 3, 202582$130.3M canonicalSEC ↗
Q3 202413F-HROct 16, 202485$127.8M canonicalSEC ↗
Q2 202413F-HRJul 17, 202481$121.1M canonicalSEC ↗
Q1 202413F-HRApr 26, 2024441$132.5M canonicalSEC ↗