One Capital Management, LLC
Long book
$3.65B
Q1 2026
Positions
524
Top-10 weight
34%
concentration
Last quarter
+9.5%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsOne Capital Management, LLC is a wealth-management firm allocating client money, running a $3.65B US long book across 524 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES 5-10Y INV GRADE CORP, ISHARES NATIONAL MUNI BOND E, FUNDX FUTURE FUND OPP ETF, DIMENSIONAL INTERNATIONAL CO, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 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
+2.2%
Q2 2024
+5.4%
Q3 2024
+0.3%
Q4 2024
-2.6%
Q1 2025
+8.7%
Q2 2025
+5.9%
Q3 2025
+2.1%
Q4 2025
-2.0%
Q1 2026
+9.5%
Sector allocation
Technology 37%
Industrials 11%
Healthcare 10%
Financials 9%
Consumer discretionary 8%
Services media 7%
Energy 7%
Other 5%
Long book by quarter
What does One Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 566.5K | $98.8M | 2.7% | +3.5% |
| MSFT MICROSOFT CORP | Technology | 143.6K | $53.1M | 1.5% | +10.3% |
| GOOG ALPHABET INC-CL C | Technology | 149.6K | $42.9M | 1.2% | +1.5% |
| META META PLATFORMS INC-CLASS A | Technology | 49.5K | $28.3M | 0.8% | +7.7% |
| XOM EXXON MOBIL CORP | Energy | 147.8K | $25.1M | 0.7% | +0.7% |
| WMT WALMART INC | Consumer discretionary | 180.2K | $22.4M | 0.6% | +1.5% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 56.6K | $22.1M | 0.6% | +7.1% |
| CVX CHEVRON CORP | Energy | 104.9K | $21.7M | 0.6% | +2.0% |
| JPM JPMORGAN CHASE & CO | Financials | 70.4K | $20.7M | 0.6% | +5.3% |
| MRK MERCK & CO. INC. | Healthcare | 160.5K | $19.3M | 0.5% | +1.5% |
| C CITIGROUP INC | Financials | 166.0K | $18.8M | 0.5% | +1.5% |
| NFLX NETFLIX INC | Services media | 180.5K | $17.4M | 0.5% | +35.4% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 22.4K | $17.3M | 0.5% | +3.4% |
| CSCO CISCO SYSTEMS INC | Technology | 216.5K | $16.8M | 0.5% | +4.4% |
| V VISA INC-CLASS A SHARES | Services media | 55.5K | $16.8M | 0.5% | +8.3% |
| HD HOME DEPOT INC | Consumer discretionary | 48.7K | $16.0M | 0.4% | +7.9% |
| GD GENERAL DYNAMICS CORP | Industrials | 46.1K | $15.8M | 0.4% | +5.5% |
| CRM SALESFORCE INC | Technology | 82.7K | $15.4M | 0.4% | +15.6% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 11.5K | $15.2M | 0.4% | -4.1% |
| GOOGL ALPHABET INC-CL A | Technology | 52.2K | $15.0M | 0.4% | +4.9% |
| Q QNITY ELECTRONICS INC | Technology | 127.6K | $14.7M | 0.4% | +8.1% |
| TSLA TESLA INC | Industrials | 37.8K | $14.1M | 0.4% | -2.3% |
| D DOMINION ENERGY INC | Utilities | 225.5K | $13.9M | 0.4% | +9.8% |
| RPM RPM INTERNATIONAL INC | Other | 140.1K | $13.9M | 0.4% | +9.9% |
| MET METLIFE INC | Financials | 176.4K | $12.5M | 0.3% | +10.4% |
| DHI DR HORTON INC | Industrials | 89.8K | $12.3M | 0.3% | +9.4% |
| ENB ENBRIDGE INC | Energy | 209.7K | $11.4M | 0.3% | +6.0% |
| DD DUPONT DE NEMOURS INC | Materials | 241.0K | $11.0M | 0.3% | +14.7% |
| AVGO BROADCOM INC | Technology | 33.8K | $10.5M | 0.3% | +1.4% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 161.5K | $10.1M | 0.3% | +23.0% |
| ADBE ADOBE INC | Technology | 41.6K | $10.1M | 0.3% | +18.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 9.8K | $9.7M | 0.3% | -3.0% |
| ONON ON HOLDING AG-CLASS A | Other | 215.3K | $7.3M | 0.2% | +12.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 525 | $3.65B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 522 | $3.31B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 483 | $3.13B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 467 | $2.89B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 412 | $2.96B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 372 | $3.02B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 375 | $3.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 285 | $2.52B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 302 | $2.76B | canonical | SEC ↗ |