New Perspectives, Inc
Long book
$288.8M
Q1 2026
Positions
44
Top-10 weight
93%
concentration
Last quarter
+9.5%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsNew Perspectives, Inc is a wealth-management firm allocating client money, specialised in financials (66% of the long book), running a $288.8M US long book across 44 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: WEITZ CORE PLUS BOND ETF, STE STR SPDR PT S&P 500 ETF, ISHARES CORE MSCI EAFE ETF, INVESCO QQQ TRUST SERIES 1, WISDOMTREE FLOATING RATE TRE.
Over the last 9 quarters its long book ran on average 0.8pp 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
+2.6%
Q2 2024
+5.4%
Q3 2024
+0.4%
Q4 2024
-3.3%
Q1 2025
+9.3%
Q2 2025
+7.3%
Q3 2025
+3.0%
Q4 2025
-1.1%
Q1 2026
+9.5%
Sector allocation
Technology 38%
Financials 23%
Healthcare 16%
Consumer discretionary 12%
Utilities 5%
Energy 4%
Industrials 3%
Long book by quarter
What does New Perspectives, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 11.1K | $2.8M | 1.0% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.5% | Held |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 3.4K | $1.1M | 0.4% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.0K | $933K | 0.3% | Held |
| MSFT MICROSOFT CORP | Technology | 1.5K | $564K | 0.2% | +0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 1.7K | $501K | 0.2% | +0.1% |
| CVX CHEVRON CORP | Energy | 2.3K | $471K | 0.2% | -1.0% |
| NVDA NVIDIA CORP | Technology | 2.2K | $386K | 0.1% | +1.1% |
| ADSK AUTODESK INC | Technology | 1.4K | $335K | 0.1% | Held |
| AMGN AMGEN INC | Healthcare | 920 | $324K | 0.1% | Held |
| UNP UNION PACIFIC CORP | Industrials | 1.3K | $307K | 0.1% | Held |
| AEP AMERICAN ELECTRIC POWER | Utilities | 2.3K | $295K | 0.1% | Held |
| RF REGIONS FINANCIAL CORP | Financials | 10.3K | $269K | 0.1% | Held |
| CB CHUBB LTD | Financials | 762 | $248K | 0.1% | Held |
| LNT ALLIANT ENERGY CORP | Utilities | 3.2K | $231K | 0.1% | Held |
| ABBV ABBVIE INC | Healthcare | 1.0K | $226K | 0.1% | +0.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 893 | $218K | 0.1% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 208 | $207K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 44 | $288.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 42 | $288.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 40 | $223.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 36 | $202.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 38 | $187.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 35 | $186.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 37 | $187.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 31 | $187.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 30 | $180.6M | canonical | SEC ↗ |