May Barnhard Investments LLC
Long book
$206.0M
Q1 2026
Positions
84
Top-10 weight
43%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsMay Barnhard Investments LLC is a wealth-management firm allocating client money, running a $206.0M US long book across 84 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB US LARGE-CAP ETF, VANGUARD MID-CAP ETF, SCHWAB US LARGE-CAP GROWTH, ISHARES CORE S&P SMALL-CAP E, SCHWAB US LARGE-CAP VALUE.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 2 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
+0.2%
Q2 2024
+7.4%
Q3 2024
+1.3%
Q4 2024
-5.2%
Q1 2025
+8.3%
Q2 2025
+7.3%
Q3 2025
+1.8%
Q4 2025
-0.9%
Q1 2026
+14.0%
Sector allocation
Technology 41%
Consumer discretionary 17%
Industrials 15%
Healthcare 12%
Financials 9%
Other 4%
Services media 3%
Long book by quarter
What does May Barnhard own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 10.2K | $2.6M | 1.3% | -2.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.2K | $874K | 0.4% | -0.8% |
| NVDA NVIDIA CORP | Technology | 4.4K | $767K | 0.4% | -3.0% |
| TSLA TESLA INC | Industrials | 1.9K | $725K | 0.4% | Held |
| LRCX LAM RESEARCH CORP | Industrials | 2.9K | $615K | 0.3% | Held |
| MSFT MICROSOFT CORP | Technology | 1.7K | $614K | 0.3% | -4.8% |
| JPM JPMORGAN CHASE & CO | Financials | 2.0K | $592K | 0.3% | Held |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 2.9K | $570K | 0.3% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.2K | $549K | 0.3% | 0.0% |
| META META PLATFORMS INC-CLASS A | Technology | 920 | $526K | 0.3% | -1.0% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 4.2K | $502K | 0.2% | -5.7% |
| GOOG ALPHABET INC-CL C | Technology | 1.7K | $493K | 0.2% | Held |
| DECK DECKERS OUTDOOR CORP | Other | 4.5K | $446K | 0.2% | -8.2% |
| LLY ELI LILLY & CO | Healthcare | 400 | $368K | 0.2% | Held |
| V VISA INC-CLASS A SHARES | Services media | 1.1K | $322K | 0.2% | -11.8% |
| HD HOME DEPOT INC | Consumer discretionary | 901 | $297K | 0.1% | -10.0% |
| CPRT COPART INC | Consumer discretionary | 8.7K | $290K | 0.1% | Held |
| BCRX BIOCRYST PHARMACEUTICALS INC | Healthcare | 30.0K | $286K | 0.1% | Held |
| ABBV ABBVIE INC | Healthcare | 1.3K | $277K | 0.1% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.7K | $273K | 0.1% | -5.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 262 | $261K | 0.1% | -12.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 723 | $225K | 0.1% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 781 | $225K | 0.1% | -5.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 84 | $206.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 84 | $211.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 84 | $215.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 90 | $214.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 16, 2025 | 92 | $200.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 82 | $210.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Apr 8, 2025 | 82 | $204.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Apr 8, 2025 | 82 | $193.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 8, 2025 | 80 | $199.8M | canonical | SEC ↗ |