Nicholas Hoffman & Company, LLC.
Long book
$4.33B
Q1 2026
Positions
326
Top-10 weight
79%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsNicholas Hoffman & Company, LLC. is a wealth-management firm allocating client money, running a $4.33B US long book across 326 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: VANGUARD S&P 500 ETF, VANGUARD FTSE DEVELOPED ETF, BERKSHIRE HATHAWAY INC-CL B, VANGUARD FTSE EMERGING MARKE, VANGUARD MID-CAP ETF.
Over the last 9 quarters its long book ran on average 0.9pp 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
+1.7%
Q2 2024
+7.4%
Q3 2024
-1.0%
Q4 2024
-0.2%
Q1 2025
+9.7%
Q2 2025
+4.3%
Q3 2025
+2.4%
Q4 2025
-2.4%
Q1 2026
+10.6%
Sector allocation
Financials 44%
Technology 33%
Industrials 4%
Consumer discretionary 4%
Healthcare 4%
Consumer staples 3%
Services media 2%
Energy 2%
Long book by quarter
What does Nicholas Hoffman own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 795.6K | $381.3M | 8.8% | +0.6% |
| INTU INTUIT INC | Technology | 171.0K | $73.9M | 1.7% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 235.7K | $67.6M | 1.6% | +840.5% |
| MSFT MICROSOFT CORP | Technology | 157.6K | $58.3M | 1.3% | +0.2% |
| AVGO BROADCOM INC | Technology | 178.4K | $55.2M | 1.3% | -0.1% |
| AAPL APPLE INC | Technology | 111.4K | $28.3M | 0.7% | -0.9% |
| KO COCA-COLA CO/THE | Consumer staples | 189.0K | $14.4M | 0.3% | -0.1% |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 708.1K | $11.1M | 0.3% | New |
| ACN ACCENTURE PLC-CL A | Services media | 51.4K | $10.2M | 0.2% | +0.1% |
| CAT CATERPILLAR INC | Industrials | 13.4K | $9.5M | 0.2% | -0.5% |
| NVDA NVIDIA CORP | Technology | 53.2K | $9.3M | 0.2% | +0.8% |
| LLY ELI LILLY & CO | Healthcare | 9.8K | $9.0M | 0.2% | -5.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 34.6K | $8.4M | 0.2% | +2.3% |
| GOOGL ALPHABET INC-CL A | Technology | 25.3K | $7.3M | 0.2% | -0.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 34.6K | $7.2M | 0.2% | +1.1% |
| SO SOUTHERN CO/THE | Utilities | 73.6K | $7.1M | 0.2% | +0.2% |
| HD HOME DEPOT INC | Consumer discretionary | 21.4K | $7.0M | 0.2% | +2.5% |
| XOM EXXON MOBIL CORP | Energy | 39.7K | $6.7M | 0.2% | +5.1% |
| CVX CHEVRON CORP | Energy | 27.5K | $5.7M | 0.1% | +8.5% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 7 | $5.0M | 0.1% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 14.5K | $4.5M | 0.1% | +1.0% |
| WMT WALMART INC | Consumer discretionary | 34.3K | $4.3M | 0.1% | -0.2% |
| META META PLATFORMS INC-CLASS A | Technology | 7.2K | $4.1M | 0.1% | -8.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.0K | $4.0M | 0.1% | -0.5% |
| JPM JPMORGAN CHASE & CO | Financials | 12.7K | $3.7M | 0.1% | +0.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 25.5K | $3.7M | 0.1% | +1.4% |
| RTX RTX CORP | Industrials | 18.5K | $3.6M | 0.1% | +4.3% |
| BAC BANK OF AMERICA CORP | Financials | 70.3K | $3.4M | 0.1% | -2.8% |
| V VISA INC-CLASS A SHARES | Services media | 11.2K | $3.4M | 0.1% | -3.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 61.5K | $3.1M | 0.1% | -3.1% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 17.7K | $2.9M | 0.1% | +0.1% |
| T AT&T INC | Communications | 97.2K | $2.8M | 0.1% | +0.4% |
| NOC NORTHROP GRUMMAN CORP | Technology | 3.8K | $2.6M | 0.1% | +7.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 10.4K | $2.5M | 0.1% | -2.2% |
| DUK DUKE ENERGY CORP | Utilities | 18.9K | $2.5M | 0.1% | +0.1% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 24.7K | $2.4M | 0.1% | -1.6% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 8.4K | $2.4M | 0.1% | 0.0% |
| TFC TRUIST FINANCIAL CORP | Financials | 51.9K | $2.4M | 0.1% | -0.1% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 11.7K | $2.4M | 0.1% | -0.9% |
| AZN ASTRAZENECA PLC | Healthcare | 11.9K | $2.3M | 0.1% | New |
| MO ALTRIA GROUP INC | Consumer staples | 34.3K | $2.3M | 0.1% | +0.2% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 36.7K | $2.2M | 0.1% | +0.3% |
| ABBV ABBVIE INC | Healthcare | 10.2K | $2.2M | 0.1% | -0.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.6K | $2.2M | 0.1% | -1.6% |
| MA MASTERCARD INC - A | Services media | 4.3K | $2.2M | 0.0% | -8.6% |
| TRV TRAVELERS COS INC/THE | Financials | 6.7K | $2.0M | 0.0% | +0.6% |
| GPC GENUINE PARTS CO | Consumer discretionary | 18.3K | $1.9M | 0.0% | +3.0% |
| GD GENERAL DYNAMICS CORP | Industrials | 5.6K | $1.9M | 0.0% | -30.0% |
| CSCO CISCO SYSTEMS INC | Technology | 24.4K | $1.9M | 0.0% | -0.6% |
| PPG PPG INDUSTRIES INC | Other | 16.7K | $1.8M | 0.0% | 0.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 326 | $4.33B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 320 | $4.31B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 306 | $4.13B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 305 | $3.87B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | Jun 23, 2025 | 285 | $2.63B | confidential canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 285 | $2.63B | SEC ↗ | |
| Q1 2025 | 13F-HR | May 2, 2025 | 1 | $785.6M | SEC ↗ | |
| Q4 2024 | 13F-HR/ARESTATEMENT | Jun 23, 2025 | 288 | $2.50B | confidential canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 288 | $2.50B | SEC ↗ | |
| Q3 2024 | 13F-HR/ARESTATEMENT | Jun 23, 2025 | 291 | $2.37B | confidential canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 25, 2024 | 291 | $2.37B | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 285 | $2.13B | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 291 | $1.97B | canonical | SEC ↗ |