MILESTONE ASSET MANAGEMENT, LLC

Wealth advisor Mechanical CIK 1964722
League rank
#1942
in Wealth advisor · #5028 overall
Long book
$542.5M
Q1 2026
Positions
235
Top-10 weight
32%
concentration
Last quarter
+10.1%
SPY +14.8%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

MILESTONE ASSET MANAGEMENT, LLC is a wealth-management firm allocating client money, running a $542.5M US long book across 235 positions.

The portfolio is moderately concentrated (top 10 ≈ 32% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES 0-3 MONTH TREASURY B, FT VEST LAD BUFFERVETF-USD I, PGIM ULTRA SHORT BOND ETF, APPLE INC, SS SPDR BB IG FLOAT RT ETF.

Over the last 9 quarters its long book ran on average 1.4pp 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
+2.4%
Q2 2024
+4.9%
Q3 2024
+1.3%
Q4 2024
-1.4%
Q1 2025
+6.3%
Q2 2025
+4.6%
Q3 2025
+1.8%
Q4 2025
-2.1%
Q1 2026
+10.1%

Sector allocation

Technology
40%
Healthcare
17%
Services media
10%
Industrials
10%
Consumer discretionary
7%
Financials
5%
Utilities
3%
Consumer staples
2%

Long book by quarter

$349.9M
Q1 2024
$399.5M
Q2 2024
$444.6M
Q3 2024
$452.8M
Q4 2024
$468.8M
Q1 2025
$473.3M
Q2 2025
$528.1M
Q3 2025
$530.1M
Q4 2025
$542.5M
Q1 2026

What does MILESTONE ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology76.0K$19.3M3.6%-3.5%
NVDA NVIDIA CORPTechnology51.6K$9.0M1.7%-40.3%
BMY BRISTOL-MYERS SQUIBB COHealthcare123.7K$7.5M1.4%+196.5%
COST COSTCO WHOLESALE CORPConsumer discretionary6.1K$6.1M1.1%+198.0%
ABBV ABBVIE INCHealthcare26.3K$5.7M1.1%+1.0%
NFLX NETFLIX INCServices media54.8K$5.3M1.0%+736.8%
CAT CATERPILLAR INCIndustrials6.9K$4.9M0.9%+123.7%
AMAT APPLIED MATERIALS INCTechnology14.2K$4.9M0.9%New
LLY ELI LILLY & COHealthcare5.1K$4.7M0.9%+573.6%
ADBE ADOBE INCTechnology19.1K$4.6M0.9%+155.5%
UBER UBER TECHNOLOGIES INCServices media62.0K$4.5M0.8%New
EXEL EXELIXIS INCHealthcare88.3K$3.8M0.7%+178.8%
MSFT MICROSOFT CORPTechnology9.8K$3.6M0.7%-57.7%
CRM SALESFORCE INCTechnology17.8K$3.3M0.6%+548.6%
LRCX LAM RESEARCH CORPIndustrials14.1K$3.0M0.6%-12.1%
V VISA INC-CLASS A SHARESServices media9.7K$2.9M0.5%+20.2%
TSLA TESLA INCIndustrials7.5K$2.8M0.5%-8.1%
QCOM QUALCOMM INCTechnology21.1K$2.7M0.5%+461.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology17.7K$2.6M0.5%-70.8%
MO ALTRIA GROUP INCConsumer staples38.9K$2.6M0.5%+14.9%
VZ VERIZON COMMUNICATIONS INCCommunications49.5K$2.5M0.5%+815.4%
UNH UNITEDHEALTH GROUP INCFinancials9.1K$2.5M0.5%+9.9%
AMD ADVANCED MICRO DEVICESTechnology11.4K$2.3M0.4%-65.5%
ANET ARISTA NETWORKS INCTechnology18.2K$2.2M0.4%+21.1%
DIS WALT DISNEY CO/THEServices media22.7K$2.2M0.4%+26.5%
EXPE EXPEDIA GROUP INCIndustrials8.8K$2.0M0.4%New
IBM INTL BUSINESS MACHINES CORPTechnology8.2K$2.0M0.4%+6.4%
JPM JPMORGAN CHASE & COFinancials6.4K$1.9M0.3%-78.8%
MAR MARRIOTT INTERNATIONAL -CL AServices media5.4K$1.8M0.3%Held
CSCO CISCO SYSTEMS INCTechnology21.1K$1.6M0.3%+26.9%
WMT WALMART INCConsumer discretionary12.6K$1.6M0.3%-79.6%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities40.2K$1.5M0.3%-11.0%
LMT LOCKHEED MARTIN CORPIndustrials2.5K$1.5M0.3%-32.5%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology3.8K$1.5M0.3%-71.2%
LNTH LANTHEUS HOLDINGS INCMaterials19.0K$1.4M0.3%-5.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials3.0K$1.4M0.3%0.0%
XOM EXXON MOBIL CORPEnergy8.4K$1.4M0.3%+4.2%
SFM SPROUTS FARMERS MARKET INCConsumer discretionary18.5K$1.4M0.3%+32.7%
NFG NATIONAL FUEL GAS COUtilities15.2K$1.4M0.3%New
PCRX PACIRA BIOSCIENCES INCHealthcare60.1K$1.4M0.3%+17.5%
CVX CHEVRON CORPEnergy6.4K$1.3M0.2%-33.7%
AXP AMERICAN EXPRESS COFinancials4.1K$1.3M0.2%+34.6%
HQY HEALTHEQUITY INCServices media14.9K$1.2M0.2%+26.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 15, 2026291$542.5M canonicalSEC ↗
Q4 202513F-HRJan 28, 2026269$530.1M canonicalSEC ↗
Q3 202513F-HROct 15, 2025280$528.6M canonicalSEC ↗
Q2 202513F-HRAug 5, 2025257$473.3M canonicalSEC ↗
Q1 202513F-HRApr 9, 2025343$469.8M canonicalSEC ↗
Q4 202413F-HRJan 23, 2025354$454.0M canonicalSEC ↗
Q3 202413F-HROct 25, 2024335$445.7M canonicalSEC ↗
Q2 202413F-HRJul 19, 2024327$399.5M canonicalSEC ↗
Q1 202413F-HRApr 23, 2024286$350.0M canonicalSEC ↗