NATIONS FINANCIAL GROUP INC, /IA/ /ADV
Long book
$1.94B
Q1 2026
Positions
773
Top-10 weight
18%
concentration
Last quarter
+10.9%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsNATIONS FINANCIAL GROUP INC, /IA/ /ADV is a wealth-management firm allocating client money, running a $1.94B US long book across 773 positions.
The portfolio is broadly diversified across 773 positions (top 10 only 18%). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, NVIDIA CORP, APPLE INC, ISHARES CORE S&P MIDCAP ETF, INVESCO QQQ TRUST SERIES 1.
Over the last 9 quarters its long book ran on average 0.5pp 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
+2.0%
Q2 2024
+6.6%
Q3 2024
+0.4%
Q4 2024
-1.5%
Q1 2025
+8.6%
Q2 2025
+7.7%
Q3 2025
+2.1%
Q4 2025
-0.5%
Q1 2026
+10.9%
Sector allocation
Technology 34%
Financials 14%
Consumer discretionary 11%
Industrials 10%
Healthcare 8%
Utilities 7%
Energy 6%
Other 3%
Long book by quarter
What does NATIONS FINANCIAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 275.3K | $48.0M | 2.5% | +5.7% |
| AAPL APPLE INC | Technology | 171.5K | $43.5M | 2.2% | +5.8% |
| GOOGL ALPHABET INC-CL A | Technology | 105.3K | $30.3M | 1.6% | +6.1% |
| MSFT MICROSOFT CORP | Technology | 77.9K | $28.8M | 1.5% | -7.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 52.5K | $25.1M | 1.3% | -2.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 98.0K | $20.4M | 1.1% | +2.0% |
| META META PLATFORMS INC-CLASS A | Technology | 33.1K | $19.0M | 1.0% | +0.8% |
| AVGO BROADCOM INC | Technology | 58.7K | $18.2M | 0.9% | +0.6% |
| JPM JPMORGAN CHASE & CO | Financials | 54.1K | $15.9M | 0.8% | -15.0% |
| XOM EXXON MOBIL CORP | Energy | 84.6K | $14.4M | 0.7% | -14.4% |
| CVX CHEVRON CORP | Energy | 68.6K | $14.2M | 0.7% | +60.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 11.4K | $11.4M | 0.6% | +2.6% |
| WMT WALMART INC | Consumer discretionary | 78.9K | $9.8M | 0.5% | +7.9% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 258.4K | $9.8M | 0.5% | +1.0% |
| GOOG ALPHABET INC-CL C | Technology | 31.7K | $9.1M | 0.5% | +20.1% |
| V VISA INC-CLASS A SHARES | Services media | 29.4K | $8.9M | 0.5% | -10.6% |
| KLAC KLA CORP | Other | 6.0K | $8.8M | 0.5% | +1.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 35.4K | $8.6M | 0.4% | -0.4% |
| SA SEABRIDGE GOLD INC | Materials | 265.8K | $7.5M | 0.4% | -14.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 143.1K | $7.2M | 0.4% | +18.5% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 10 | $7.2M | 0.4% | Held |
| RTX RTX CORP | Industrials | 36.1K | $7.0M | 0.4% | +2.8% |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 9.5K | $6.9M | 0.4% | +3.0% |
| LLY ELI LILLY & CO | Healthcare | 7.0K | $6.5M | 0.3% | +95.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 7.5K | $6.4M | 0.3% | -4.6% |
| COR CENCORA INC | Consumer discretionary | 19.1K | $6.0M | 0.3% | +2.0% |
| BA BOEING CO/THE | Industrials | 29.3K | $5.8M | 0.3% | -13.1% |
| AMGN AMGEN INC | Healthcare | 16.4K | $5.8M | 0.3% | -1.6% |
| ET ENERGY TRANSFER LP | Utilities | 297.7K | $5.7M | 0.3% | -0.9% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 23.2K | $5.6M | 0.3% | -1.2% |
| CSCO CISCO SYSTEMS INC | Technology | 71.4K | $5.5M | 0.3% | -0.8% |
| GLW CORNING INC | Industrials | 40.1K | $5.4M | 0.3% | +26.0% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 35.2K | $5.2M | 0.3% | +7.5% |
| PSX PHILLIPS 66 | Energy | 27.7K | $5.1M | 0.3% | -15.0% |
| EMR EMERSON ELECTRIC CO | Industrials | 37.9K | $5.0M | 0.3% | 0.0% |
| LNG CHENIERE ENERGY INC | Utilities | 17.5K | $5.0M | 0.3% | New |
| HWKN HAWKINS INC | Consumer discretionary | 32.0K | $4.9M | 0.3% | +2.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 23.9K | $4.9M | 0.3% | -24.5% |
| PWR QUANTA SERVICES INC | Industrials | 8.8K | $4.9M | 0.3% | +0.4% |
| ABBV ABBVIE INC | Healthcare | 21.5K | $4.7M | 0.2% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 773 | $1.94B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 746 | $1.90B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 711 | $1.61B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 678 | $1.45B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 655 | $1.31B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 667 | $1.37B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 671 | $1.38B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 629 | $1.22B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 23, 2024 | 621 | $1.19B | canonical | SEC ↗ |