Pacific Asset Management, LLC
Long book
$179.1M
Q1 2026
Positions
70
Top-10 weight
63%
concentration
Last quarter
+9.9%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsPacific Asset Management, LLC is a wealth-management firm allocating client money, running a $179.1M US long book across 70 positions.
The portfolio is concentrated: the top 10 names carry 63% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: DIMENSIONAL US CORE EQUITY 2, DIMENSIONAL SHORT DURATION, DIMENSIONAL INTERNATIONAL CO, DIMENSIONAL US CORE EQUITY M, AVANTIS CORE FIXED INCOME.
Over the last 6 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 3 of 6 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
Q4 2024
-1.6%
Q1 2025
+9.0%
Q2 2025
+7.4%
Q3 2025
+3.4%
Q4 2025
-0.2%
Q1 2026
+9.9%
Sector allocation
Technology 56%
Industrials 17%
Consumer discretionary 10%
Financials 9%
Materials 9%
Long book by quarter
What does Pacific Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 9.7K | $3.6M | 2.0% | -1.1% |
| TSLA TESLA INC | Industrials | 5.9K | $2.2M | 1.2% | +11.1% |
| AAPL APPLE INC | Technology | 8.4K | $2.1M | 1.2% | -0.5% |
| GOOG ALPHABET INC-CL C | Technology | 6.7K | $1.9M | 1.1% | +0.2% |
| HFWA HERITAGE FINANCIAL CORP | Financials | 49.0K | $1.3M | 0.7% | New |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 9.7K | $1.3M | 0.7% | -31.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.8K | $787K | 0.4% | -0.5% |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $663K | 0.4% | 0.0% |
| BA BOEING CO/THE | Industrials | 1.6K | $313K | 0.2% | -5.5% |
| SBUX STARBUCKS CORP | Consumer discretionary | 2.3K | $209K | 0.1% | New |
| MCD MCDONALD'S CORP | Consumer discretionary | 670 | $208K | 0.1% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 202 | $201K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 70 | $179.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 70 | $166.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 65 | $147.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 56 | $124.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 52 | $111.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 46 | $106.4M | canonical | SEC ↗ |