Mill Creek Capital Advisors, LLC
Long book
$4.87B
Q1 2026
Positions
260
Top-10 weight
76%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsMill Creek Capital Advisors, LLC is a wealth-management firm allocating client money, running a $4.87B US long book across 260 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 GROWTH ETF, VANGUARD VALUE ETF, ISHARES CORE INTL STOCK ETF, ISHARES CORE MSCI EAFE ETF, ISHARES CORE MSCI EMERGING.
Over the last 9 quarters its long book ran on average 0.3pp 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
+2.4%
Q2 2024
+6.5%
Q3 2024
-0.3%
Q4 2024
-1.3%
Q1 2025
+9.6%
Q2 2025
+7.2%
Q3 2025
+2.8%
Q4 2025
-1.8%
Q1 2026
+12.3%
Sector allocation
Technology 30%
Healthcare 21%
Financials 21%
Other 7%
Consumer discretionary 6%
Services media 6%
Industrials 5%
Energy 1%
Long book by quarter
What does Mill Creek own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JNJ JOHNSON & JOHNSON | Healthcare | 227.6K | $55.6M | 1.1% | -4.4% |
| AAPL APPLE INC | Technology | 158.4K | $40.2M | 0.8% | +6.2% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 28 | $20.1M | 0.4% | +7.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 24.9K | $11.9M | 0.2% | +15.3% |
| MSFT MICROSOFT CORP | Technology | 27.7K | $10.2M | 0.2% | +0.6% |
| MA MASTERCARD INC - A | Services media | 19.4K | $9.7M | 0.2% | -1.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 45.7K | $9.5M | 0.2% | +0.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 64.3K | $9.3M | 0.2% | +0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 27.0K | $7.9M | 0.2% | +1.3% |
| TSLA TESLA INC | Industrials | 19.4K | $7.2M | 0.1% | -0.9% |
| GOOGL ALPHABET INC-CL A | Technology | 24.1K | $6.9M | 0.1% | +3.8% |
| GOOG ALPHABET INC-CL C | Technology | 23.9K | $6.9M | 0.1% | +6.6% |
| NVDA NVIDIA CORP | Technology | 31.8K | $5.5M | 0.1% | +28.1% |
| META META PLATFORMS INC-CLASS A | Technology | 7.8K | $4.5M | 0.1% | -2.8% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 8.7K | $4.3M | 0.1% | -0.5% |
| SEIC SEI INVESTMENTS COMPANY | Financials | 51.3K | $4.0M | 0.1% | +2.7% |
| GS GOLDMAN SACHS GROUP INC | Financials | 4.3K | $3.6M | 0.1% | +0.4% |
| ETOR ETORO GROUP LTD-A | Financials | 119.3K | $3.6M | 0.1% | -3.5% |
| ZETA ZETA GLOBAL HOLDINGS CORP-A | Technology | 219.8K | $3.5M | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 15.9K | $2.7M | 0.1% | -1.6% |
| V VISA INC-CLASS A SHARES | Services media | 8.4K | $2.5M | 0.1% | +1.3% |
| KVUE KENVUE INC | Other | 123.2K | $2.1M | 0.0% | -0.8% |
| DIS WALT DISNEY CO/THE | Services media | 19.6K | $1.9M | 0.0% | -0.2% |
| AVGO BROADCOM INC | Technology | 6.0K | $1.9M | 0.0% | +3.3% |
| FSBC FIVE STAR BANCORP | Financials | 46.6K | $1.8M | 0.0% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.6K | $1.6M | 0.0% | +0.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 260 | $4.87B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 251 | $4.91B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 271 | $4.86B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 263 | $4.51B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 251 | $4.13B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 259 | $4.16B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 249 | $4.15B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 259 | $3.93B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 240 | $3.68B | canonical | SEC ↗ |