Matrix Trust Co
Long book
$602.1M
Q1 2026
Positions
178
Top-10 weight
62%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
47%
of book per quarter
Strategy in plain words
auto-generated from filingsMatrix Trust Co is a wealth-management firm allocating client money, running a $602.1M US long book across 178 positions.
The portfolio is concentrated: the top 10 names carry 62% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES MORNINGSTAR VALUE ET, SCHWAB INTL EQUITY ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE, SCHWAB US LARGE-CAP ETF.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 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
+0.1%
Q2 2024
+7.5%
Q3 2024
-2.1%
Q4 2024
+0.7%
Q1 2025
+6.0%
Q2 2025
+6.2%
Q3 2025
+2.7%
Q4 2025
+0.1%
Q1 2026
+10.4%
Sector allocation
Technology 22%
Financials 19%
Consumer discretionary 16%
Healthcare 12%
Industrials 12%
Services media 7%
Utilities 5%
Other 4%
Long book by quarter
What does Matrix Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AVGO BROADCOM INC | Technology | 12.6K | $3.9M | 0.6% | +20.8% |
| AAPL APPLE INC | Technology | 14.7K | $3.7M | 0.6% | +6.4% |
| MRK MERCK & CO. INC. | Healthcare | 26.1K | $3.1M | 0.5% | +4.5% |
| ABBV ABBVIE INC | Healthcare | 13.5K | $2.9M | 0.5% | +2.3% |
| JPM JPMORGAN CHASE & CO | Financials | 9.3K | $2.7M | 0.5% | -0.4% |
| MSFT MICROSOFT CORP | Technology | 7.4K | $2.7M | 0.5% | +13.1% |
| RTX RTX CORP | Industrials | 12.5K | $2.4M | 0.4% | +4.4% |
| MS MORGAN STANLEY | Financials | 14.5K | $2.4M | 0.4% | +0.3% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.3K | $2.3M | 0.4% | +3.8% |
| C CITIGROUP INC | Financials | 19.2K | $2.2M | 0.4% | +1.9% |
| FAST FASTENAL CO | Consumer discretionary | 46.1K | $2.1M | 0.4% | +3.5% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.5K | $2.1M | 0.4% | +0.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 6.8K | $2.1M | 0.3% | +1.6% |
| PCAR PACCAR INC | Industrials | 18.2K | $2.1M | 0.3% | +87.5% |
| GD GENERAL DYNAMICS CORP | Industrials | 5.8K | $2.0M | 0.3% | +5.8% |
| LLY ELI LILLY & CO | Healthcare | 2.1K | $2.0M | 0.3% | -2.8% |
| HD HOME DEPOT INC | Consumer discretionary | 5.5K | $1.8M | 0.3% | +7.6% |
| PAYX PAYCHEX INC | Services media | 19.2K | $1.8M | 0.3% | +62.8% |
| WEC WEC ENERGY GROUP INC | Utilities | 15.2K | $1.8M | 0.3% | +6.1% |
| XEL XCEL ENERGY INC | Utilities | 18.1K | $1.4M | 0.2% | +2.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.5K | $1.3M | 0.2% | +3.4% |
| COR CENCORA INC | Consumer discretionary | 4.2K | $1.3M | 0.2% | +1.1% |
| TROW T ROWE PRICE GROUP INC | Financials | 14.3K | $1.3M | 0.2% | +2.5% |
| SGI SOMNIGROUP INTERNATIONAL INC | Other | 17.0K | $1.3M | 0.2% | +39.8% |
| CVX CHEVRON CORP | Energy | 6.0K | $1.2M | 0.2% | -4.4% |
| CTAS CINTAS CORP | Other | 6.7K | $1.1M | 0.2% | New |
| ETN EATON CORP PLC | Industrials | 2.5K | $878K | 0.1% | +5.5% |
| NVDA NVIDIA CORP | Technology | 3.8K | $670K | 0.1% | +23.5% |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $649K | 0.1% | +23.5% |
| META META PLATFORMS INC-CLASS A | Technology | 1.1K | $630K | 0.1% | +29.2% |
| LPLA LPL FINANCIAL HOLDINGS INC | Financials | 2.1K | $630K | 0.1% | New |
| MKL MARKEL GROUP INC | Financials | 326 | $624K | 0.1% | New |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 9.3K | $623K | 0.1% | New |
| V VISA INC-CLASS A SHARES | Services media | 2.1K | $620K | 0.1% | +28.1% |
| UBER UBER TECHNOLOGIES INC | Services media | 8.6K | $617K | 0.1% | +22.0% |
| MELI MERCADOLIBRE INC | Services media | 356 | $616K | 0.1% | +24.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.0K | $615K | 0.1% | +25.2% |
| MA MASTERCARD INC - A | Services media | 1.2K | $613K | 0.1% | +25.2% |
| MCO MOODY'S CORP | Services media | 1.4K | $602K | 0.1% | +28.8% |
| APP APPLOVIN CORP-CLASS A | Technology | 1.5K | $579K | 0.1% | +73.1% |
| MU MICRON TECHNOLOGY INC | Technology | 1.6K | $533K | 0.1% | New |
| XOM EXXON MOBIL CORP | Energy | 778 | $132K | 0.0% | -95.6% |
| KO COCA-COLA CO/THE | Consumer staples | 652 | $50K | 0.0% | New |
| DAN DANA INC | Industrials | 1.4K | $47K | 0.0% | +2.7% |
| JBL JABIL INC | Technology | 153 | $41K | 0.0% | -66.6% |
| WMT WALMART INC | Consumer discretionary | 311 | $39K | 0.0% | -43.1% |
| IESC IES HOLDINGS INC | Industrials | 78 | $37K | 0.0% | +11.4% |
| PARR PAR PACIFIC HOLDINGS INC | Energy | 545 | $34K | 0.0% | +4.6% |
| EME EMCOR GROUP INC | Industrials | 43 | $32K | 0.0% | +7.5% |
| UNH UNITEDHEALTH GROUP INC | Financials | 117 | $32K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 10, 2026 | 178 | $602.1M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 13, 2026 | 222 | $605.9M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 14, 2025 | 249 | $638.8M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 255 | $628.2M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 255 | $592.8M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 13, 2025 | 251 | $575.4M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 239 | $534.8M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 10, 2024 | 171 | $442.9M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 84 | $442.1M | $K fixed canonical | SEC ↗ |