Parallel Advisors, LLC

Wealth advisor Mechanical CIK 1690010
League rank
#113
in Wealth advisor · #1248 overall
Long book
$5.55B
Q1 2026
Positions
3801
Top-10 weight
36%
concentration
Last quarter
+16.0%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

Parallel Advisors, LLC is a wealth-management firm allocating client money, running a $5.55B US long book across 3801 positions.

The portfolio is moderately concentrated (top 10 ≈ 36% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, APPLE INC, NVIDIA CORP, ISHARES CORE S&P TOTAL U.S., CORCEPT THERAPEUTICS INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of 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
+4.1%
Q2 2024
+7.1%
Q3 2024
+2.7%
Q4 2024
+2.3%
Q1 2025
+7.7%
Q2 2025
+7.8%
Q3 2025
-1.1%
Q4 2025
-3.2%
Q1 2026
+16.0%

Sector allocation

Technology
41%
Healthcare
13%
Financials
11%
Consumer discretionary
9%
Industrials
8%
Services media
6%
Other
3%
Energy
2%

Long book by quarter

$3.69B
Q1 2024
$3.90B
Q2 2024
$4.24B
Q3 2024
$4.42B
Q4 2024
$4.42B
Q1 2025
$5.00B
Q2 2025
$5.45B
Q3 2025
$5.46B
Q4 2025
$5.55B
Q1 2026

What does Parallel Advisors, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology1.0M$254.7M4.6%+1.6%
NVDA NVIDIA CORPTechnology1.1M$194.9M3.5%+1.1%
CORT CORCEPT THERAPEUTICS INCHealthcare4.0M$160.3M2.9%+2.5%
MSFT MICROSOFT CORPTechnology306.3K$113.4M2.0%+0.4%
GOOG ALPHABET INC-CL CTechnology353.8K$101.5M1.8%+0.2%
GOOGL ALPHABET INC-CL ATechnology332.2K$95.5M1.7%+2.0%
AMZN AMAZON.COM INCConsumer discretionary409.6K$85.3M1.5%+2.2%
CVBF CVB FINANCIAL CORPFinancials3.7M$70.9M1.3%-4.3%
COST COSTCO WHOLESALE CORPConsumer discretionary46.0K$45.8M0.8%+0.9%
META META PLATFORMS INC-CLASS ATechnology78.8K$45.1M0.8%+2.8%
JPM JPMORGAN CHASE & COFinancials135.5K$39.9M0.7%+0.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials80.7K$38.7M0.7%+3.4%
AVGO BROADCOM INCTechnology109.5K$33.9M0.6%+2.5%
NFLX NETFLIX INCServices media328.2K$31.6M0.6%+3.2%
TSLA TESLA INCIndustrials82.3K$30.6M0.6%-0.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology203.4K$29.8M0.5%+1.3%
LLY ELI LILLY & COHealthcare30.4K$28.0M0.5%+1.5%
V VISA INC-CLASS A SHARESServices media85.6K$25.9M0.5%+0.2%
CVX CHEVRON CORPEnergy112.0K$23.2M0.4%+0.3%
ABBV ABBVIE INCHealthcare103.9K$22.6M0.4%+1.3%
TJX TJX COMPANIES INCConsumer discretionary137.3K$21.9M0.4%-0.8%
MA MASTERCARD INC - AServices media40.3K$20.1M0.4%-2.4%
WMT WALMART INCConsumer discretionary159.8K$19.9M0.4%+2.4%
JNJ JOHNSON & JOHNSONHealthcare80.4K$19.7M0.4%+1.2%
ISRG INTUITIVE SURGICAL INCHealthcare40.7K$18.8M0.3%+0.8%
UBER UBER TECHNOLOGIES INCServices media254.9K$18.3M0.3%-2.6%
TMO THERMO FISHER SCIENTIFIC INCOther37.1K$18.2M0.3%+3.2%
XOM EXXON MOBIL CORPEnergy84.8K$14.4M0.3%+9.5%
NEE NEXTERA ENERGY INCUtilities138.7K$12.9M0.2%+2.4%
BKNG BOOKING HOLDINGS INCIndustrials2.9K$12.2M0.2%-1.7%
INTU INTUIT INCTechnology28.0K$12.1M0.2%+5.9%
ABT ABBOTT LABORATORIESHealthcare117.7K$12.1M0.2%-10.2%
DCI DONALDSON CO INCIndustrials142.3K$12.1M0.2%-2.4%
GEV GE VERNOVA INCIndustrials13.6K$11.9M0.2%+16.2%
CRM SALESFORCE INCTechnology60.1K$11.2M0.2%-8.1%
HON HONEYWELL INTERNATIONAL INCIndustrials49.4K$11.2M0.2%-4.7%
GILD GILEAD SCIENCES INCHealthcare76.0K$10.6M0.2%-3.2%
PWR QUANTA SERVICES INCIndustrials19.2K$10.6M0.2%+1.5%
BLK BLACKROCK INCFinancials10.8K$10.4M0.2%-1.2%
PANW PALO ALTO NETWORKS INCTechnology63.7K$10.2M0.2%+2.9%
HD HOME DEPOT INCConsumer discretionary30.8K$10.1M0.2%-0.7%
ACN ACCENTURE PLC-CL AServices media50.8K$10.1M0.2%-0.5%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology24.7K$9.6M0.2%+1.4%
ECL ECOLAB INCOther36.0K$9.6M0.2%-0.6%
MS MORGAN STANLEYFinancials56.4K$9.3M0.2%+1.1%
CAT CATERPILLAR INCIndustrials13.1K$9.3M0.2%+6.5%
AMAT APPLIED MATERIALS INCTechnology27.0K$9.2M0.2%+18.6%
ORCL ORACLE CORPTechnology61.8K$9.1M0.2%-2.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary28.3K$9.1M0.2%-0.3%
CSCO CISCO SYSTEMS INCTechnology116.8K$9.1M0.2%+2.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTJun 3, 20263833$5.56B canonicalSEC ↗
Q1 202613F-HRMay 7, 20263831$5.57B SEC ↗
Q4 202513F-HRFeb 11, 20263619$5.47B canonicalSEC ↗
Q3 202513F-HRNov 13, 20253547$5.46B canonicalSEC ↗
Q2 202513F-HRJul 8, 20253536$5.00B canonicalSEC ↗
Q1 202513F-HRApr 8, 20253520$4.43B canonicalSEC ↗
Q4 202413F-HRFeb 10, 20253525$4.45B canonicalSEC ↗
Q3 202413F-HRNov 13, 20243418$4.25B canonicalSEC ↗
Q2 202413F-HRAug 8, 20243328$3.90B canonicalSEC ↗
Q1 202413F-HRMay 6, 20243302$3.69B canonicalSEC ↗