OneAscent Financial Services LLC

Wealth advisor Mechanical CIK 1780985
League rank
#1688
in Wealth advisor · #4607 overall
Long book
$1.85B
Q1 2026
Positions
591
Top-10 weight
40%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
30%
of book per quarter

Strategy in plain words

auto-generated from filings

OneAscent Financial Services LLC is a wealth-management firm allocating client money, running a $1.85B US long book across 591 positions.

The portfolio is moderately concentrated (top 10 ≈ 40% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ONEASCENT CORE PLUS BOND ETF, ONEASCENT INTL EQTY ETF, VANGUARD S&P 500 ETF, ONEASCENT LARGE CAP CORE, STE STR SPDR PT S&P 500 ETF.

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
+1.1%
Q2 2024
+5.8%
Q3 2024
+2.4%
Q4 2024
-0.9%
Q1 2025
+7.5%
Q2 2025
+6.4%
Q3 2025
+2.3%
Q4 2025
+0.6%
Q1 2026
+10.6%

Sector allocation

Technology
33%
Industrials
17%
Financials
16%
Consumer discretionary
9%
Healthcare
8%
Utilities
5%
Energy
4%
Other
3%

Long book by quarter

$904.8M
Q1 2024
$718.3M
Q2 2024
$139.0M
Q3 2024
$1.18B
Q4 2024
$1.53B
Q1 2025
$1.40B
Q2 2025
$1.50B
Q3 2025
$1.09B
Q4 2025
$1.85B
Q1 2026

What does OneAscent Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology137.5K$24.0M1.3%+22.5%
AAPL APPLE INCTechnology84.4K$21.4M1.2%+27.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials35.6K$17.0M0.9%+35.7%
MSFT MICROSOFT CORPTechnology31.3K$11.6M0.6%+67.1%
CAT CATERPILLAR INCIndustrials14.0K$9.9M0.5%+349.7%
AMZN AMAZON.COM INCConsumer discretionary40.4K$8.4M0.5%+41.6%
GOOGL ALPHABET INC-CL ATechnology28.6K$8.2M0.4%+50.6%
JPM JPMORGAN CHASE & COFinancials20.7K$6.1M0.3%+135.2%
TSLA TESLA INCIndustrials15.4K$5.7M0.3%+18.3%
LLY ELI LILLY & COHealthcare4.7K$4.3M0.2%+9.5%
COST COSTCO WHOLESALE CORPConsumer discretionary4.3K$4.3M0.2%+21.3%
PG PROCTER & GAMBLE CO/THEOther27.6K$4.0M0.2%+43.2%
XOM EXXON MOBIL CORPEnergy22.4K$3.8M0.2%+50.8%
FRME FIRST MERCHANTS CORPFinancials95.3K$3.7M0.2%-29.9%
GOOG ALPHABET INC-CL CTechnology11.9K$3.4M0.2%+35.7%
JNJ JOHNSON & JOHNSONHealthcare13.3K$3.2M0.2%+64.8%
WMT WALMART INCConsumer discretionary23.3K$2.9M0.2%+30.1%
ABBV ABBVIE INCHealthcare12.6K$2.7M0.1%+44.1%
AVGO BROADCOM INCTechnology8.6K$2.7M0.1%+32.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 2026591$1.85B canonicalSEC ↗
Q4 202513F-HRFeb 11, 2026454$1.09B canonicalSEC ↗
Q3 202513F-HR/ANEW HOLDINGSOct 31, 2025395$815.5M canonicalSEC ↗
Q3 202513F-HROct 22, 2025219$686.5M canonicalSEC ↗
Q2 202513F-HRAug 12, 2025528$1.40B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 5, 2025662$1.53B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025468$1.18B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 7, 2024183$139.0M $K fixed canonicalSEC ↗
Q2 202413F-HRJul 17, 2024250$718.3M $K fixed canonicalSEC ↗
Q1 202413F-HRApr 16, 2024381$904.8M $K fixed canonicalSEC ↗