Mader & Shannon Wealth Management, Inc.
Long book
$216.1M
Q1 2026
Positions
20
Top-10 weight
80%
concentration
Last quarter
-0.3%
SPY +14.8%
Turnover
21%
of book per quarter
Strategy in plain words
auto-generated from filingsMader & Shannon Wealth Management, Inc. is a wealth-management firm allocating client money, running a $216.1M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES 0-3 MONTH TREASURY B, ISHARES GOLD TRUST, SPDR GOLD SHARES, ISHARES 1-3 YEAR TREASURY BO, INVESCO VARIABLE RATE PREFER.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 5 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
+0.3%
Q2 2024
+8.0%
Q3 2024
-5.0%
Q4 2024
+6.0%
Q1 2025
+3.4%
Q2 2025
+10.0%
Q3 2025
+4.7%
Q4 2025
+3.5%
Q1 2026
-0.3%
Sector allocation
Energy 34%
Industrials 26%
Other 17%
Materials 15%
Technology 8%
Consumer discretionary 1%
Long book by quarter
What does Mader & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| KNX KNIGHT-SWIFT TRANSPORTATION | Industrials | 168.7K | $9.7M | 4.5% | +18.0% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 18.2K | $8.9M | 4.1% | +23.9% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 13.4K | $7.9M | 3.7% | +15.5% |
| VLO VALERO ENERGY CORP | Energy | 20.0K | $4.9M | 2.3% | +9.6% |
| DINO HF SINCLAIR CORP | Energy | 73.7K | $4.6M | 2.1% | +8.0% |
| FSLR FIRST SOLAR INC | Technology | 22.9K | $4.5M | 2.1% | +10.8% |
| PSX PHILLIPS 66 | Energy | 24.4K | $4.5M | 2.1% | +18.2% |
| MPC MARATHON PETROLEUM CORP | Energy | 18.1K | $4.4M | 2.0% | +7.9% |
| DHI DR HORTON INC | Industrials | 31.4K | $4.3M | 2.0% | +33.1% |
| WMT WALMART INC | Consumer discretionary | 2.5K | $307K | 0.1% | +1.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 20 | $216.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 23 | $204.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 23 | $204.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 22 | $183.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 21 | $175.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 21 | $161.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 15 | $172.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 12 | $166.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 11 | $178.3M | canonical | SEC ↗ |