Mittelman Wealth Management
Long book
$160.4M
Q1 2026
Positions
52
Top-10 weight
71%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsMittelman Wealth Management is a wealth-management firm allocating client money, specialised in technology (75% of the long book), running a $160.4M US long book across 52 positions.
The portfolio is concentrated: the top 10 names carry 71% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD DIVIDEND APPREC ETF, VANGUARD HIGH DVD YIELD ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE, ISHARES 5-10Y INV GRADE CORP.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 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
+1.3%
Q2 2024
+6.3%
Q3 2024
-2.2%
Q4 2024
+0.8%
Q1 2025
+7.3%
Q2 2025
+6.4%
Q3 2025
+1.6%
Q4 2025
-0.9%
Q1 2026
+8.1%
Sector allocation
Technology 70%
Financials 8%
Industrials 6%
Other 6%
Consumer discretionary 6%
Energy 3%
Long book by quarter
What does Mittelman Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| EVLV EVOLV TECHNOLOGIES HOLDINGS | Technology | 850.4K | $5.1M | 3.2% | -25.0% |
| NVDA NVIDIA CORP | Technology | 4.3K | $747K | 0.5% | New |
| HO1 HOLOGIC INC | — | 9.7K | $732K | 0.5% | +31.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 847 | $717K | 0.4% | -18.5% |
| AAPL APPLE INC | Technology | 2.0K | $511K | 0.3% | +44.8% |
| WMT WALMART INC | Consumer discretionary | 3.9K | $480K | 0.3% | -16.4% |
| MSFT MICROSOFT CORP | Technology | 1.2K | $451K | 0.3% | +126.6% |
| GOOG ALPHABET INC-CL C | Technology | 1.5K | $417K | 0.3% | New |
| CSCO CISCO SYSTEMS INC | Technology | 5.3K | $410K | 0.3% | -16.5% |
| GE GENERAL ELECTRIC | Industrials | 1.4K | $387K | 0.2% | -17.4% |
| GEV GE VERNOVA INC | Industrials | 404 | $353K | 0.2% | -18.4% |
| HAL HALLIBURTON CO | Energy | 8.1K | $315K | 0.2% | -9.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.2K | $295K | 0.2% | -19.9% |
| JPM JPMORGAN CHASE & CO | Financials | 812 | $239K | 0.1% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.1K | $227K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 52 | $160.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 43 | $153.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 17, 2025 | 41 | $152.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 38 | $118.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 33 | $110.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 18, 2025 | 31 | $107.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 18, 2024 | 28 | $176.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 72 | $154.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 64 | $147.6M | canonical | SEC ↗ |