MAI Capital Management
Long book
$17.61B
Q1 2026
Positions
4809
Top-10 weight
25%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsMAI Capital Management is a wealth-management firm allocating client money, running a $17.61B US long book across 4809 positions.
The portfolio is moderately concentrated (top 10 ≈ 25% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, APPLE INC, SS SPDR S&P 500 ETF TRUST-US, MICROSOFT CORP, ISHARES CORE S&P MIDCAP 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 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
+2.7%
Q2 2024
+6.6%
Q3 2024
+1.4%
Q4 2024
-2.6%
Q1 2025
+8.3%
Q2 2025
+7.1%
Q3 2025
+2.2%
Q4 2025
-2.1%
Q1 2026
+11.8%
Sector allocation
Technology 37%
Financials 13%
Consumer discretionary 12%
Industrials 10%
Healthcare 9%
Services media 5%
Other 4%
Energy 3%
Long book by quarter
What does MAI Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 2.5M | $624.7M | 3.5% | +13.6% |
| MSFT MICROSOFT CORP | Technology | 1.1M | $404.4M | 2.3% | +8.8% |
| NVDA NVIDIA CORP | Technology | 1.7M | $292.0M | 1.7% | +10.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.2M | $251.9M | 1.4% | +7.7% |
| GOOGL ALPHABET INC-CL A | Technology | 820.9K | $236.1M | 1.3% | -1.5% |
| AVGO BROADCOM INC | Technology | 606.5K | $187.7M | 1.1% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 644.1K | $184.8M | 1.0% | +1.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 371.8K | $178.2M | 1.0% | +41.2% |
| JPM JPMORGAN CHASE & CO | Financials | 471.2K | $138.6M | 0.8% | +1.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 549.0K | $134.2M | 0.8% | -12.2% |
| ABBV ABBVIE INC | Healthcare | 577.8K | $125.7M | 0.7% | +0.3% |
| V VISA INC-CLASS A SHARES | Services media | 376.5K | $113.8M | 0.6% | -0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 188.3K | $107.7M | 0.6% | +0.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 106.6K | $106.2M | 0.6% | +0.7% |
| RTX RTX CORP | Industrials | 544.3K | $105.0M | 0.6% | -1.7% |
| XOM EXXON MOBIL CORP | Energy | 559.8K | $95.0M | 0.5% | +0.6% |
| LLY ELI LILLY & CO | Healthcare | 96.1K | $88.4M | 0.5% | +5.2% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 265.9K | $85.2M | 0.5% | +3.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 584.5K | $84.4M | 0.5% | -2.4% |
| CSCO CISCO SYSTEMS INC | Technology | 1.0M | $80.1M | 0.5% | -0.8% |
| WMT WALMART INC | Consumer discretionary | 626.0K | $77.8M | 0.4% | +0.5% |
| HD HOME DEPOT INC | Consumer discretionary | 224.6K | $73.9M | 0.4% | -5.7% |
| CVX CHEVRON CORP | Energy | 289.9K | $60.0M | 0.3% | +1.7% |
| NFLX NETFLIX INC | Services media | 553.3K | $53.2M | 0.3% | +12.2% |
| BAC BANK OF AMERICA CORP | Financials | 1.1M | $52.8M | 0.3% | +0.1% |
| MA MASTERCARD INC - A | Services media | 105.6K | $52.8M | 0.3% | +2.9% |
| PEP PEPSICO INC | Consumer staples | 339.6K | $52.7M | 0.3% | -0.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 164.8K | $51.2M | 0.3% | -1.6% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 1.0M | $50.7M | 0.3% | -0.9% |
| CB CHUBB LTD | Financials | 154.1K | $50.2M | 0.3% | +1.3% |
| ETN EATON CORP PLC | Industrials | 130.2K | $46.6M | 0.3% | -0.1% |
| KO COCA-COLA CO/THE | Consumer staples | 592.2K | $45.0M | 0.3% | +6.5% |
| TSLA TESLA INC | Industrials | 119.6K | $44.5M | 0.3% | +4.8% |
| ORCL ORACLE CORP | Technology | 293.8K | $43.2M | 0.2% | -18.9% |
| ABT ABBOTT LABORATORIES | Healthcare | 417.8K | $42.9M | 0.2% | -14.1% |
| QCOM QUALCOMM INC | Technology | 321.5K | $41.4M | 0.2% | -11.0% |
| BKNG BOOKING HOLDINGS INC | Industrials | 9.8K | $41.2M | 0.2% | -20.1% |
| CAT CATERPILLAR INC | Industrials | 57.8K | $41.0M | 0.2% | +2.0% |
| MRK MERCK & CO. INC. | Healthcare | 335.0K | $40.3M | 0.2% | +3.6% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 176.4K | $39.9M | 0.2% | -2.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 5019 | $17.72B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 4360 | $17.39B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 3808 | $16.06B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 3960 | $14.47B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 3441 | $13.27B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 3496 | $13.50B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 1188 | $10.50B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 1337 | $10.21B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 1303 | $9.65B | canonical | SEC ↗ |