Nolet Wealth Management, LLC
Long book
$175.7M
Q1 2026
Positions
92
Top-10 weight
65%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
21%
of book per quarter
Strategy in plain words
auto-generated from filingsNolet Wealth Management, LLC is a wealth-management firm allocating client money, running a $175.7M US long book across 92 positions.
The portfolio is concentrated: the top 10 names carry 65% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, JPMORGAN MUNICIPAL ETF, ISHARES 20+ YEAR TREASURY BD, DANAHER CORP, VANGUARD FTSE DEVELOPED ETF.
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
Q4 2025
-3.2%
Q1 2026
+9.7%
Sector allocation
Technology 63%
Consumer discretionary 10%
Financials 8%
Industrials 5%
Healthcare 5%
Services media 3%
Energy 3%
Other 2%
Long book by quarter
What does Nolet Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| DHR DANAHER CORP | Technology | 44.6K | $8.5M | 4.8% | +1.3% |
| NVDA NVIDIA CORP | Technology | 25.2K | $4.4M | 2.5% | -2.0% |
| AAPL APPLE INC | Technology | 9.4K | $2.4M | 1.4% | +0.6% |
| MSFT MICROSOFT CORP | Technology | 6.0K | $2.2M | 1.3% | -2.3% |
| VLTO VERALTO CORP | Technology | 15.1K | $1.3M | 0.8% | +0.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.3K | $1.3M | 0.8% | -14.3% |
| AVGO BROADCOM INC | Technology | 3.3K | $1.0M | 0.6% | -3.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 984 | $981K | 0.6% | +2.1% |
| GOOG ALPHABET INC-CL C | Technology | 3.4K | $968K | 0.6% | +45.0% |
| META META PLATFORMS INC-CLASS A | Technology | 1.5K | $836K | 0.5% | +19.3% |
| GOOGL ALPHABET INC-CL A | Technology | 2.8K | $792K | 0.5% | -2.2% |
| JPM JPMORGAN CHASE & CO | Financials | 2.5K | $746K | 0.4% | -0.9% |
| XOM EXXON MOBIL CORP | Energy | 4.1K | $696K | 0.4% | Held |
| KLAC KLA CORP | Other | 432 | $636K | 0.4% | -2.5% |
| FTV FORTIVE CORP | Technology | 11.4K | $630K | 0.4% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.4K | $590K | 0.3% | +0.1% |
| LLY ELI LILLY & CO | Healthcare | 640 | $588K | 0.3% | Held |
| TSLA TESLA INC | Industrials | 1.4K | $523K | 0.3% | -0.4% |
| CVX CHEVRON CORP | Energy | 2.5K | $521K | 0.3% | +1.2% |
| HD HOME DEPOT INC | Consumer discretionary | 1.5K | $486K | 0.3% | +50.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 987 | $473K | 0.3% | -16.3% |
| ABBV ABBVIE INC | Healthcare | 2.1K | $447K | 0.3% | 0.0% |
| NFLX NETFLIX INC | Services media | 4.4K | $421K | 0.2% | +39.1% |
| WMT WALMART INC | Consumer discretionary | 3.2K | $403K | 0.2% | +1.2% |
| LRCX LAM RESEARCH CORP | Industrials | 1.8K | $383K | 0.2% | -1.3% |
| BAC BANK OF AMERICA CORP | Financials | 7.5K | $364K | 0.2% | -1.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 2.2K | $360K | 0.2% | +1.2% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 2.2K | $353K | 0.2% | +1.4% |
| CB CHUBB LTD | Financials | 1.1K | $350K | 0.2% | Held |
| MA MASTERCARD INC - A | Services media | 688 | $344K | 0.2% | +9.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 2.1K | $329K | 0.2% | Held |
| MRVL MARVELL TECHNOLOGY INC | Technology | 3.3K | $326K | 0.2% | Held |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 230 | $303K | 0.2% | +9.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 975 | $303K | 0.2% | Held |
| MS MORGAN STANLEY | Financials | 1.8K | $300K | 0.2% | Held |
| WFC WELLS FARGO & CO | Financials | 3.6K | $289K | 0.2% | -1.9% |
| VNT VONTIER CORP | Technology | 8.1K | $288K | 0.2% | Held |
| RTX RTX CORP | Industrials | 1.4K | $279K | 0.2% | Held |
| GE GENERAL ELECTRIC | Industrials | 956 | $271K | 0.2% | +8.1% |
| V VISA INC-CLASS A SHARES | Services media | 867 | $262K | 0.1% | -7.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 1.3K | $255K | 0.1% | -0.2% |
| ETN EATON CORP PLC | Industrials | 708 | $253K | 0.1% | -7.1% |
| CSCO CISCO SYSTEMS INC | Technology | 3.1K | $243K | 0.1% | -0.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.6K | $232K | 0.1% | -20.3% |
| AXP AMERICAN EXPRESS CO | Financials | 768 | $232K | 0.1% | Held |
| PANW PALO ALTO NETWORKS INC | Technology | 1.4K | $223K | 0.1% | -17.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 867 | $210K | 0.1% | New |
| MRK MERCK & CO. INC. | Healthcare | 1.7K | $204K | 0.1% | New |
| DIS WALT DISNEY CO/THE | Services media | 2.1K | $201K | 0.1% | New |