Morton Capital Management LLC/CA
Long book
$672.2M
Q1 2026
Positions
139
Top-10 weight
79%
concentration
Last quarter
+2.5%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsMorton Capital Management LLC/CA is a wealth-management firm allocating client money, specialised in financials (68% of the long book), running a $672.2M US long book across 139 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VANECK MERK GOLD ETF, WISDOMTREE FLOATING RATE TRE, DIMENSIONAL WORLD EX US CORE, TCW FLEXIBLE INCOME ETF, DIMENSIONAL US CORE EQUITY 2.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 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
+3.5%
Q2 2024
+7.2%
Q3 2024
-0.3%
Q4 2024
+4.4%
Q1 2025
+7.1%
Q2 2025
+8.9%
Q3 2025
+5.0%
Q4 2025
+2.3%
Q1 2026
+2.5%
Sector allocation
Technology 54%
Healthcare 10%
Consumer discretionary 8%
Utilities 7%
Financials 5%
Industrials 5%
Other 4%
Services media 4%
Long book by quarter
What does Morton Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 57.8K | $14.7M | 2.2% | +5.5% |
| MSFT MICROSOFT CORP | Technology | 38.6K | $14.3M | 2.1% | +0.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 19.4K | $4.0M | 0.6% | -0.7% |
| GOOGL ALPHABET INC-CL A | Technology | 11.9K | $3.4M | 0.5% | -2.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 23.1K | $3.3M | 0.5% | +5.0% |
| JPM JPMORGAN CHASE & CO | Financials | 10.8K | $3.2M | 0.5% | -4.9% |
| NVDA NVIDIA CORP | Technology | 17.6K | $3.1M | 0.5% | +3.6% |
| GOOG ALPHABET INC-CL C | Technology | 8.6K | $2.5M | 0.4% | -10.6% |
| AMGN AMGEN INC | Healthcare | 6.5K | $2.3M | 0.3% | +8.4% |
| ABBV ABBVIE INC | Healthcare | 9.6K | $2.1M | 0.3% | +1.4% |
| CSCO CISCO SYSTEMS INC | Technology | 25.9K | $2.0M | 0.3% | +1.1% |
| XOM EXXON MOBIL CORP | Energy | 10.1K | $1.7M | 0.3% | +7.2% |
| META META PLATFORMS INC-CLASS A | Technology | 2.5K | $1.5M | 0.2% | -17.5% |
| AVGO BROADCOM INC | Technology | 4.6K | $1.4M | 0.2% | +4.6% |
| LLY ELI LILLY & CO | Healthcare | 1.5K | $1.4M | 0.2% | +91.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.5K | $1.3M | 0.2% | +16.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 5.9K | $1.3M | 0.2% | -0.4% |
| ORCL ORACLE CORP | Technology | 8.4K | $1.2M | 0.2% | +1.5% |
| KMI KINDER MORGAN INC | Utilities | 36.4K | $1.2M | 0.2% | +0.7% |
| V VISA INC-CLASS A SHARES | Services media | 3.9K | $1.2M | 0.2% | +4.1% |
| HD HOME DEPOT INC | Consumer discretionary | 3.4K | $1.1M | 0.2% | -4.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 964 | $961K | 0.1% | -14.4% |
| ET ENERGY TRANSFER LP | Utilities | 49.3K | $951K | 0.1% | +1.4% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 24.2K | $915K | 0.1% | +1.9% |
| RTX RTX CORP | Industrials | 4.5K | $873K | 0.1% | +19.9% |
| MRK MERCK & CO. INC. | Healthcare | 6.9K | $834K | 0.1% | -4.2% |
| CVX CHEVRON CORP | Energy | 4.0K | $831K | 0.1% | +34.9% |
| WM WASTE MANAGEMENT INC | Utilities | 3.5K | $803K | 0.1% | +2.1% |
| OKE ONEOK INC | Utilities | 7.6K | $683K | 0.1% | +0.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.3K | $568K | 0.1% | +4.1% |
| TXN TEXAS INSTRUMENTS INC | Technology | 2.9K | $563K | 0.1% | +1.5% |
| NEE NEXTERA ENERGY INC | Utilities | 5.9K | $552K | 0.1% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 573 | $484K | 0.1% | +6.3% |
| CAT CATERPILLAR INC | Industrials | 684 | $484K | 0.1% | +15.0% |
| DIS WALT DISNEY CO/THE | Services media | 5.0K | $479K | 0.1% | -3.4% |
| NFLX NETFLIX INC | Services media | 4.8K | $458K | 0.1% | +43.5% |
| MA MASTERCARD INC - A | Services media | 892 | $446K | 0.1% | +10.5% |
| TSLA TESLA INC | Industrials | 1.2K | $431K | 0.1% | +8.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 2.1K | $342K | 0.1% | +9.9% |
| ADI ANALOG DEVICES INC | Technology | 1.1K | $338K | 0.1% | +0.1% |
| GRMN GARMIN LTD | Technology | 1.4K | $336K | 0.1% | Held |
| DE DEERE & CO | Industrials | 583 | $328K | 0.0% | New |
| VLO VALERO ENERGY CORP | Energy | 1.3K | $325K | 0.0% | +4.0% |
| BAC BANK OF AMERICA CORP | Financials | 6.4K | $312K | 0.0% | -43.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 139 | $672.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 134 | $651.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 131 | $609.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 126 | $564.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 111 | $517.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 112 | $530.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 111 | $508.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 12, 2024 | 99 | $421.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 106 | $370.4M | canonical | SEC ↗ |