Mallini Complete Financial Planning LLC
Strategy in plain words
auto-generated from filingsMallini Complete Financial Planning LLC is a wealth-management firm allocating client money, specialised in utilities (76% of the long book), running a $115.9M US long book across 34 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, VANGUARD TOTAL BOND MARKET, VANGUARD TOTAL INTL STOCK, VANGUARD TAX-EXEMPT BOND ETF, VANGUARD ESG US STOCK ETF.
Over the last 6 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 2 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/optionsSector allocation
Long book by quarter
What does Mallini Complete own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| USAC USA COMPRESSION PARTNERS LP | Utilities | 94.5K | $2.6M | 2.2% | +0.7% |
| ARCC ARES CAPITAL CORP | — | 39.9K | $719K | 0.6% | +0.8% |
| ET ENERGY TRANSFER LP | Utilities | 36.5K | $705K | 0.6% | +0.3% |
| AB ALLIANCEBERNSTEIN HOLDING LP | Financials | 10.2K | $383K | 0.3% | New |
| TSLX SIXTH STREET SPECIALTY LENDI | — | 16.1K | $296K | 0.3% | +4.2% |
| STTK SHATTUCK LABS INC | Healthcare | 22.6K | $146K | 0.1% | Held |
| GSBD GOLDMAN SACHS BDC INC | — | 10.8K | $96K | 0.1% | New |
| TCPC BLACKROCK TCP CAPITAL CORP | — | 24.6K | $89K | 0.1% | +2.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 61 | $126.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 6, 2026 | 62 | $124.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 60 | $123.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 60 | $79.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 59 | $104.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 60 | $105.4M | canonical | SEC ↗ |