Palisades Hudson Asset Management, L.P.

Wealth advisor Mechanical CIK 1388443
League rank
#752
in Wealth advisor · #3028 overall
Long book
$256.6M
Q1 2026
Positions
108
Top-10 weight
58%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

Palisades Hudson Asset Management, L.P. is a wealth-management firm allocating client money, running a $256.6M US long book across 108 positions.

The portfolio is concentrated: the top 10 names carry 58% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES S&P SMALL-CAP 600 VA, VANGUARD TOTAL STOCK MKT ETF, SS SPDR S&P 500 ETF TRUST-US, ISHARES S&P SMALL-CAP 600 GR, ISHARES CORE S&P 500 ETF.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 5 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
+7.6%
Q3 2024
-0.6%
Q4 2024
-3.2%
Q1 2025
+8.6%
Q2 2025
+8.3%
Q3 2025
+3.2%
Q4 2025
-0.3%
Q1 2026
+12.4%

Sector allocation

Technology
50%
Consumer discretionary
14%
Financials
11%
Industrials
11%
Services media
7%
Healthcare
4%
Other
1%
Communications
1%

Long book by quarter

$219.5M
Q1 2024
$217.6M
Q2 2024
$237.0M
Q3 2024
$237.3M
Q4 2024
$220.3M
Q1 2025
$255.6M
Q2 2025
$275.7M
Q3 2025
$257.9M
Q4 2025
$256.6M
Q1 2026

What does Palisades Hudson own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology29.0K$5.1M2.0%Held
AAPL APPLE INCTechnology17.7K$4.5M1.8%-0.5%
MSFT MICROSOFT CORPTechnology8.8K$3.3M1.3%Held
AMZN AMAZON.COM INCConsumer discretionary11.7K$2.4M0.9%Held
GOOG ALPHABET INC-CL CTechnology7.1K$2.0M0.8%+0.2%
GOOGL ALPHABET INC-CL ATechnology4.5K$1.3M0.5%+2.0%
GS GOLDMAN SACHS GROUP INCFinancials1.4K$1.2M0.5%Held
COST COSTCO WHOLESALE CORPConsumer discretionary1.2K$1.2M0.5%Held
TSLA TESLA INCIndustrials2.9K$1.1M0.4%+16.3%
STLD STEEL DYNAMICS INCIndustrials4.9K$877K0.3%Held
V VISA INC-CLASS A SHARESServices media2.9K$868K0.3%Held
MA MASTERCARD INC - AServices media1.5K$753K0.3%Held
ABBV ABBVIE INCHealthcare3.3K$713K0.3%Held
AXP AMERICAN EXPRESS COFinancials2.3K$700K0.3%Held
INTU INTUIT INCTechnology1.5K$645K0.3%Held
YUM YUM! BRANDS INCConsumer discretionary4.1K$644K0.3%Held
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials3.9K$643K0.3%Held
PNC PNC FINANCIAL SERVICES GROUPFinancials3.0K$623K0.2%Held
TT TRANE TECHNOLOGIES PLCTechnology1.4K$594K0.2%Held
MCO MOODY'S CORPServices media1.3K$549K0.2%Held
APH AMPHENOL CORP-CL ATechnology4.2K$526K0.2%Held
META META PLATFORMS INC-CLASS ATechnology886$507K0.2%Held
AVGO BROADCOM INCTechnology1.6K$504K0.2%+0.5%
MAR MARRIOTT INTERNATIONAL -CL AServices media1.5K$501K0.2%Held
NOC NORTHROP GRUMMAN CORPTechnology728$497K0.2%Held
ABT ABBOTT LABORATORIESHealthcare4.8K$491K0.2%Held
FITB FIFTH THIRD BANCORPFinancials10.5K$486K0.2%New
HIG HARTFORD INSURANCE GROUP INCFinancials3.5K$476K0.2%Held
DE DEERE & COIndustrials712$401K0.2%Held
BA BOEING CO/THEIndustrials2.0K$399K0.2%Held
GGG GRACO INCIndustrials4.4K$374K0.1%Held
WMT WALMART INCConsumer discretionary3.0K$371K0.1%-30.3%
MSI MOTOROLA SOLUTIONS INCTechnology810$352K0.1%Held
ORCL ORACLE CORPTechnology2.4K$351K0.1%Held
CAT CATERPILLAR INCIndustrials471$334K0.1%Held
CMI CUMMINS INCIndustrials620$334K0.1%Held
AZO AUTOZONE INCConsumer discretionary92$311K0.1%Held
MS MORGAN STANLEYFinancials1.9K$309K0.1%Held
UNP UNION PACIFIC CORPIndustrials1.3K$309K0.1%Held
ADBE ADOBE INCTechnology1.3K$305K0.1%Held
T AT&T INCCommunications10.4K$303K0.1%New
MCK MCKESSON CORPConsumer discretionary335$290K0.1%Held
UNH UNITEDHEALTH GROUP INCFinancials1.0K$284K0.1%Held
KLAC KLA CORPOther192$282K0.1%Held
MRSH MARSH & MCLENNAN COSFinancials1.6K$279K0.1%Held
ELV ELEVANCE HEALTH INCFinancials906$265K0.1%Held
GILD GILEAD SCIENCES INCHealthcare1.8K$249K0.1%Held
HD HOME DEPOT INCConsumer discretionary754$248K0.1%Held
BAC BANK OF AMERICA CORPFinancials5.1K$248K0.1%Held
TXRH TEXAS ROADHOUSE INCConsumer discretionary1.5K$242K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026159$256.6M $K fixed canonicalSEC ↗
Q4 202513F-HRJan 30, 2026146$257.9M $K fixed canonicalSEC ↗
Q3 202513F-HRNov 6, 2025154$275.7M $K fixed canonicalSEC ↗
Q2 202513F-HRAug 12, 2025156$255.6M $K fixed canonicalSEC ↗
Q1 202513F-HRMay 9, 2025145$220.3M $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 7, 2025150$237.3M $K fixed canonicalSEC ↗
Q3 202413F-HROct 30, 2024159$237.0M $K fixed canonicalSEC ↗
Q2 202413F-HRJul 31, 2024134$217.6M $K fixed canonicalSEC ↗
Q1 202413F-HRMay 7, 2024144$219.5M $K fixed canonicalSEC ↗