M1 Capital Management LLC
Long book
$217.0M
Q1 2026
Positions
111
Top-10 weight
46%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsM1 Capital Management LLC is a wealth-management firm allocating client money, specialised in technology (60% of the long book), running a $217.0M US long book across 111 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, ISHARES S&P 500 VALUE ETF, STE STR SPDR PT S&P 500 ETF, ISHRS US E F R A ETF-USD INC, INVESCO S&P 500 TOP 50 ETF.
Over the last 6 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
-4.1%
Q1 2025
+9.3%
Q2 2025
+9.3%
Q3 2025
+2.9%
Q4 2025
-2.9%
Q1 2026
+14.0%
Sector allocation
Technology 63%
Industrials 9%
Consumer discretionary 9%
Financials 5%
Utilities 3%
Energy 3%
Healthcare 3%
Consumer staples 2%
Long book by quarter
What does M1 Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 79.8K | $20.2M | 9.3% | -0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 7.9K | $4.5M | 2.1% | +0.2% |
| NVDA NVIDIA CORP | Technology | 15.5K | $2.7M | 1.2% | +6.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 12.8K | $2.7M | 1.2% | +2.5% |
| TSLA TESLA INC | Industrials | 4.9K | $1.8M | 0.8% | +3.6% |
| MSFT MICROSOFT CORP | Technology | 4.9K | $1.8M | 0.8% | -2.3% |
| GOOGL ALPHABET INC-CL A | Technology | 6.1K | $1.7M | 0.8% | +5.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.3K | $1.6M | 0.7% | -4.3% |
| WMT WALMART INC | Consumer discretionary | 10.9K | $1.4M | 0.6% | +5.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 8.4K | $1.2M | 0.6% | +8.2% |
| GE GENERAL ELECTRIC | Industrials | 4.2K | $1.2M | 0.6% | -0.4% |
| DTE DTE ENERGY COMPANY | Utilities | 7.9K | $1.2M | 0.5% | +2.9% |
| XOM EXXON MOBIL CORP | Energy | 6.4K | $1.1M | 0.5% | +0.9% |
| PEP PEPSICO INC | Consumer staples | 6.9K | $1.1M | 0.5% | +0.1% |
| GEV GE VERNOVA INC | Industrials | 1.1K | $992K | 0.5% | Held |
| AVGO BROADCOM INC | Technology | 3.2K | $978K | 0.5% | +12.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 4.6K | $927K | 0.4% | +1.6% |
| JPM JPMORGAN CHASE & CO | Financials | 2.2K | $661K | 0.3% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 653 | $651K | 0.3% | -4.7% |
| LLY ELI LILLY & CO | Healthcare | 619 | $569K | 0.3% | +13.0% |
| DTM DT MIDSTREAM INC | Utilities | 4.1K | $552K | 0.3% | +0.2% |
| CAT CATERPILLAR INC | Industrials | 732 | $519K | 0.2% | -13.3% |
| GOOG ALPHABET INC-CL C | Technology | 1.8K | $509K | 0.2% | -0.3% |
| NFLX NETFLIX INC | Services media | 4.8K | $463K | 0.2% | +10.7% |
| MA MASTERCARD INC - A | Services media | 865 | $432K | 0.2% | -4.4% |
| ABBV ABBVIE INC | Healthcare | 1.7K | $373K | 0.2% | +2.6% |
| V VISA INC-CLASS A SHARES | Services media | 1.1K | $345K | 0.2% | +0.2% |
| HD HOME DEPOT INC | Consumer discretionary | 971 | $319K | 0.1% | +1.4% |
| KO COCA-COLA CO/THE | Consumer staples | 4.0K | $307K | 0.1% | -1.7% |
| VKTX VIKING THERAPEUTICS INC | Healthcare | 9.1K | $296K | 0.1% | +7.7% |
| PSX PHILLIPS 66 | Energy | 1.6K | $296K | 0.1% | New |
| CVX CHEVRON CORP | Energy | 1.4K | $292K | 0.1% | -1.9% |
| MOD MODINE MANUFACTURING CO | Industrials | 1.3K | $274K | 0.1% | New |
| SOFI SOFI TECHNOLOGIES INC | Financials | 16.8K | $267K | 0.1% | +11.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 1.3K | $266K | 0.1% | +0.2% |
| SHOP SHOPIFY INC - CLASS A | Technology | 2.1K | $249K | 0.1% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 1.7K | $241K | 0.1% | +3.3% |
| PANW PALO ALTO NETWORKS INC | Technology | 1.5K | $235K | 0.1% | +3.2% |
| SYK STRYKER CORP | Healthcare | 698 | $229K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 111 | $217.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 112 | $239.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 105 | $231.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 94 | $198.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 89 | $159.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Mar 19, 2025 | 86 | $185.1M | canonical | SEC ↗ |