Palumbo Wealth Management LLC
Long book
$409.8M
Q1 2026
Positions
221
Top-10 weight
40%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsPalumbo Wealth Management LLC is an institutional manager, running a $409.8M US long book across 221 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, ALPHABET INC-CL A, SPDR GOLD SHARES, APPLE INC, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.6%
Q2 2024
+6.8%
Q3 2024
+0.1%
Q4 2024
-0.0%
Q1 2025
+5.0%
Q2 2025
+7.0%
Q3 2025
+1.8%
Q4 2025
-1.8%
Q1 2026
+12.3%
Sector allocation
Technology 36%
Consumer discretionary 14%
Healthcare 14%
Financials 9%
Industrials 8%
Utilities 7%
Services media 6%
Other 3%
Long book by quarter
What does Palumbo Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 74.3K | $21.4M | 5.2% | +2.6% |
| AAPL APPLE INC | Technology | 69.3K | $17.6M | 4.3% | +6.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 81.7K | $17.0M | 4.2% | +0.1% |
| NVDA NVIDIA CORP | Technology | 65.6K | $11.4M | 2.8% | +15.6% |
| JPM JPMORGAN CHASE & CO | Financials | 30.7K | $9.0M | 2.2% | +141.7% |
| MSFT MICROSOFT CORP | Technology | 23.4K | $8.7M | 2.1% | +4.9% |
| WM WASTE MANAGEMENT INC | Utilities | 37.3K | $8.6M | 2.1% | +0.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 14.8K | $7.1M | 1.7% | +6.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.9K | $6.9M | 1.7% | +1.9% |
| ETR ENTERGY CORP | Utilities | 51.0K | $5.7M | 1.4% | +3.4% |
| BW BABCOCK & WILCOX ENTERPR | Industrials | 365.3K | $5.4M | 1.3% | +22.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 20.3K | $5.0M | 1.2% | +5.0% |
| V VISA INC-CLASS A SHARES | Services media | 16.2K | $4.9M | 1.2% | -7.2% |
| DGX QUEST DIAGNOSTICS INC | Healthcare | 24.3K | $4.8M | 1.2% | -6.0% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 37.7K | $3.7M | 0.9% | +0.3% |
| GOOG ALPHABET INC-CL C | Technology | 12.7K | $3.6M | 0.9% | -1.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 16.2K | $3.3M | 0.8% | +1.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 9.8K | $3.0M | 0.7% | -11.9% |
| META META PLATFORMS INC-CLASS A | Technology | 5.3K | $3.0M | 0.7% | +25.9% |
| BE BLOOM ENERGY CORP- A | Industrials | 21.7K | $2.9M | 0.7% | +1.5% |
| NKE NIKE INC -CL B | Other | 53.7K | $2.8M | 0.7% | -6.0% |
| NPCE NEUROPACE INC | Healthcare | 210.5K | $2.8M | 0.7% | -1.7% |
| CRM SALESFORCE INC | Technology | 14.4K | $2.7M | 0.7% | +14.2% |
| UBER UBER TECHNOLOGIES INC | Services media | 35.7K | $2.6M | 0.6% | +1098.8% |
| WSM WILLIAMS-SONOMA INC | Consumer discretionary | 13.7K | $2.5M | 0.6% | -47.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 10.1K | $2.5M | 0.6% | -2.8% |
| ITW ILLINOIS TOOL WORKS | Industrials | 9.4K | $2.5M | 0.6% | -10.5% |
| BAC BANK OF AMERICA CORP | Financials | 49.7K | $2.4M | 0.6% | -3.1% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 4.6K | $2.3M | 0.6% | -17.1% |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 45.3K | $2.1M | 0.5% | -18.0% |
| MSCI MSCI INC | Services media | 3.6K | $1.9M | 0.5% | -18.8% |
| AAP ADVANCE AUTO PARTS INC | Consumer discretionary | 36.2K | $1.9M | 0.5% | -9.8% |
| CAT CATERPILLAR INC | Industrials | 2.7K | $1.9M | 0.5% | 0.0% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 4.1K | $1.6M | 0.4% | +13.3% |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 24.1K | $1.6M | 0.4% | -5.9% |
| AMAT APPLIED MATERIALS INC | Technology | 4.4K | $1.5M | 0.4% | -3.8% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 23.4K | $1.5M | 0.4% | -7.7% |
| BFLY BUTTERFLY NETWORK INC | Healthcare | 360.3K | $1.5M | 0.4% | -12.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 9.5K | $1.4M | 0.3% | -8.6% |
| ACN ACCENTURE PLC-CL A | Services media | 6.7K | $1.3M | 0.3% | -18.2% |
| ETN EATON CORP PLC | Industrials | 3.3K | $1.2M | 0.3% | +1.9% |
| APH AMPHENOL CORP-CL A | Technology | 9.2K | $1.2M | 0.3% | +0.3% |
| NOW SERVICENOW INC | Technology | 10.1K | $1.1M | 0.3% | +3.7% |
| SPGI S&P GLOBAL INC | Services media | 2.5K | $1.0M | 0.3% | -1.0% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.7K | $1.0M | 0.3% | +3.3% |
| TSLA TESLA INC | Industrials | 2.7K | $1.0M | 0.2% | +7.7% |
| LLY ELI LILLY & CO | Healthcare | 1.1K | $1.0M | 0.2% | +6.0% |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 3.3K | $993K | 0.2% | -10.6% |
| WCN WASTE CONNECTIONS INC | Utilities | 6.1K | $984K | 0.2% | -3.6% |
| AVGO BROADCOM INC | Technology | 3.1K | $973K | 0.2% | +5.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 221 | $409.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 218 | $405.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 179 | $313.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 197 | $322.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 187 | $299.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 175 | $267.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 160 | $257.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 151 | $236.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 140 | $223.3M | canonical | SEC ↗ |
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