Pacific Wealth Management
Long book
$185.9M
Q1 2026
Positions
20
Top-10 weight
98%
concentration
Last quarter
+18.4%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsPacific Wealth Management is a wealth-management firm allocating client money, specialised in healthcare (66% of the long book), running a $185.9M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, NOMURA FOCUSED EMERGING MARK, ISHARES 7-10 YEAR TREASURY B, ISHARES US TREASURY BOND ETF, ABBVIE INC.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 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
+1.5%
Q2 2024
+5.9%
Q3 2024
+0.2%
Q4 2024
-1.2%
Q1 2025
+6.4%
Q2 2025
+6.7%
Q3 2025
+2.1%
Q4 2025
-2.2%
Q1 2026
+18.4%
Sector allocation
Healthcare 70%
Technology 24%
Communications 2%
Other 2%
Financials 2%
Long book by quarter
What does Pacific Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ABBV ABBVIE INC | Healthcare | 38.5K | $8.4M | 4.5% | -0.7% |
| INTC INTEL CORP | Technology | 64.0K | $2.8M | 1.5% | -8.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 24.0K | $2.5M | 1.3% | -1.7% |
| AAPL APPLE INC | Technology | 1.9K | $488K | 0.3% | -13.7% |
| MSFT MICROSOFT CORP | Technology | 952 | $352K | 0.2% | +0.2% |
| HALO HALOZYME THERAPEUTICS INC | Healthcare | 5.4K | $349K | 0.2% | New |
| VSAT VIASAT INC | Communications | 7.1K | $327K | 0.2% | -12.4% |
| ONTO ONTO INNOVATION INC | Other | 1.6K | $325K | 0.2% | -3.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 612 | $293K | 0.2% | Held |
| INTU INTUIT INC | Technology | 540 | $233K | 0.1% | -8.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 20 | $185.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 22 | $215.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 23 | $198.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 22 | $202.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 18 | $181.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 20 | $189.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 3, 2024 | 19 | $216.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 10, 2024 | 19 | $196.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 16, 2024 | 24 | $177.1M | canonical | SEC ↗ |