Orion Capital Management LLC
Long book
$289.8M
Q1 2026
Positions
482
Top-10 weight
51%
concentration
Last quarter
+10.9%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsOrion Capital Management LLC is a wealth-management firm allocating client money, running a $289.8M US long book across 482 positions.
The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES 0-3 MONTH TREASURY B, ISHARES CORE S&P 500 ETF, JANUS HENDERSON AAA CLO ETF, AVANTIS U.S. EQUITY ETF, APPLE INC.
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
+3.2%
Q2 2024
+5.3%
Q3 2024
+2.5%
Q4 2024
-3.7%
Q1 2025
+7.7%
Q2 2025
+6.8%
Q3 2025
+2.5%
Q4 2025
-2.6%
Q1 2026
+10.9%
Sector allocation
Technology 46%
Healthcare 13%
Consumer discretionary 13%
Financials 11%
Industrials 9%
Services media 4%
Consumer staples 1%
Other 1%
Long book by quarter
What does Orion Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 44.9K | $11.4M | 3.9% | -0.1% |
| GOOG ALPHABET INC-CL C | Technology | 22.2K | $6.4M | 2.2% | -2.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 27.1K | $5.7M | 2.0% | -5.0% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 9.1K | $4.2M | 1.4% | -0.3% |
| MSFT MICROSOFT CORP | Technology | 10.9K | $4.0M | 1.4% | +0.2% |
| NVDA NVIDIA CORP | Technology | 21.5K | $3.7M | 1.3% | -2.4% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 21.2K | $3.1M | 1.1% | -2.8% |
| GOOGL ALPHABET INC-CL A | Technology | 8.7K | $2.5M | 0.9% | -0.8% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 26.8K | $2.5M | 0.9% | -0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 8.0K | $2.4M | 0.8% | -0.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.3K | $2.3M | 0.8% | +0.2% |
| ABBV ABBVIE INC | Healthcare | 8.1K | $1.8M | 0.6% | -10.3% |
| ETN EATON CORP PLC | Industrials | 4.5K | $1.6M | 0.6% | -1.5% |
| BE BLOOM ENERGY CORP- A | Industrials | 10.7K | $1.4M | 0.5% | -11.6% |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 8.1K | $1.4M | 0.5% | -0.9% |
| QCOM QUALCOMM INC | Technology | 10.6K | $1.4M | 0.5% | -1.8% |
| LLY ELI LILLY & CO | Healthcare | 1.4K | $1.3M | 0.4% | -4.4% |
| MS MORGAN STANLEY | Financials | 7.7K | $1.3M | 0.4% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.1K | $1.2M | 0.4% | Held |
| RTX RTX CORP | Industrials | 6.4K | $1.2M | 0.4% | +0.4% |
| AMD ADVANCED MICRO DEVICES | Technology | 5.7K | $1.2M | 0.4% | -5.1% |
| NFLX NETFLIX INC | Services media | 12.1K | $1.2M | 0.4% | -6.6% |
| FTNT FORTINET INC | Technology | 13.7K | $1.1M | 0.4% | -5.5% |
| V VISA INC-CLASS A SHARES | Services media | 3.6K | $1.1M | 0.4% | -4.2% |
| FSLR FIRST SOLAR INC | Technology | 5.2K | $1.0M | 0.4% | -0.6% |
| MRK MERCK & CO. INC. | Healthcare | 7.9K | $951K | 0.3% | -1.3% |
| ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 2.9K | $945K | 0.3% | -3.8% |
| BAC BANK OF AMERICA CORP | Financials | 19.1K | $933K | 0.3% | -4.0% |
| BLK BLACKROCK INC | Financials | 954 | $917K | 0.3% | -4.0% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 4.7K | $864K | 0.3% | +6.2% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 3.2K | $768K | 0.3% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 10.5K | $755K | 0.3% | -2.3% |
| AMGN AMGEN INC | Healthcare | 2.1K | $722K | 0.2% | -0.5% |
| CRM SALESFORCE INC | Technology | 3.7K | $688K | 0.2% | -5.1% |
| HD HOME DEPOT INC | Consumer discretionary | 1.9K | $640K | 0.2% | -0.5% |
| TMUS T-MOBILE US INC | Communications | 2.9K | $611K | 0.2% | -11.8% |
| ANET ARISTA NETWORKS INC | Technology | 4.9K | $604K | 0.2% | -11.2% |
| USB US BANCORP | Financials | 11.1K | $577K | 0.2% | Held |
| AVGO BROADCOM INC | Technology | 1.8K | $546K | 0.2% | +0.1% |
| EXPE EXPEDIA GROUP INC | Industrials | 2.4K | $546K | 0.2% | -2.5% |
| RMD RESMED INC | Healthcare | 2.4K | $530K | 0.2% | Held |
| DELL DELL TECHNOLOGIES -C | Technology | 3.1K | $517K | 0.2% | -4.0% |
| CME CME GROUP INC | Financials | 1.7K | $501K | 0.2% | Held |
| CAT CATERPILLAR INC | Industrials | 705 | $499K | 0.2% | Held |
| LMT LOCKHEED MARTIN CORP | Industrials | 780 | $471K | 0.2% | +7.6% |
| ARLO ARLO TECHNOLOGIES INC | Services media | 32.7K | $465K | 0.2% | -4.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.5K | $454K | 0.2% | Held |
| MRVL MARVELL TECHNOLOGY INC | Technology | 4.4K | $436K | 0.2% | -4.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 2.6K | $431K | 0.1% | +0.2% |
| TTD TRADE DESK INC/THE -CLASS A | Technology | 19.0K | $430K | 0.1% | -6.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 489 | $290.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 498 | $297.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 553 | $287.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 474 | $262.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 473 | $237.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 18, 2025 | 478 | $227.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 18, 2024 | 139 | $206.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 437 | $190.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 512 | $188.3M | canonical | SEC ↗ |