PARK AVENUE SECURITIES LLC
Long book
$12.80B
Q1 2026
Positions
1517
Top-10 weight
31%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsPARK AVENUE SECURITIES LLC is a wealth-management firm allocating client money, running a $12.80B US long book across 1517 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES S&P 500 VALUE ETF, ISHARES S&P 500 GROWTH ETF, ISHARES MSCI EAFE VALUE ETF, ISHRS US E F R A ETF-USD INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 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
+2.2%
Q2 2024
+5.8%
Q3 2024
-0.6%
Q4 2024
-1.4%
Q1 2025
+8.9%
Q2 2025
+6.8%
Q3 2025
+2.4%
Q4 2025
-1.4%
Q1 2026
+12.3%
Sector allocation
Technology 36%
Industrials 14%
Financials 12%
Consumer discretionary 10%
Healthcare 8%
Services media 5%
Energy 4%
Other 3%
Long book by quarter
What does PARK AVENUE own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 1.1M | $190.9M | 1.5% | New |
| AAPL APPLE INC | Technology | 602.6K | $152.9M | 1.2% | +8.7% |
| MSFT MICROSOFT CORP | Technology | 290.7K | $107.6M | 0.8% | +4.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 434.3K | $90.4M | 0.7% | +6.8% |
| GOOGL ALPHABET INC-CL A | Technology | 308.0K | $88.6M | 0.7% | +5.8% |
| AVGO BROADCOM INC | Technology | 198.5K | $61.5M | 0.5% | +11.8% |
| META META PLATFORMS INC-CLASS A | Technology | 99.6K | $57.0M | 0.4% | +12.8% |
| JPM JPMORGAN CHASE & CO | Financials | 160.0K | $47.1M | 0.4% | +0.8% |
| TSLA TESLA INC | Industrials | 121.9K | $45.3M | 0.4% | +10.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 76.8K | $36.8M | 0.3% | +6.8% |
| WMT WALMART INC | Consumer discretionary | 286.5K | $35.6M | 0.3% | +2.3% |
| CVX CHEVRON CORP | Energy | 169.0K | $35.0M | 0.3% | +11.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 123.1K | $30.1M | 0.2% | +11.9% |
| V VISA INC-CLASS A SHARES | Services media | 98.5K | $29.8M | 0.2% | New |
| LLY ELI LILLY & CO | Healthcare | 32.0K | $29.5M | 0.2% | +13.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 185.9K | $27.2M | 0.2% | -6.0% |
| NFLX NETFLIX INC | Services media | 267.6K | $25.7M | 0.2% | +8.1% |
| MA MASTERCARD INC - A | Services media | 51.0K | $25.5M | 0.2% | +1.0% |
| CSCO CISCO SYSTEMS INC | Technology | 315.1K | $24.4M | 0.2% | -1.3% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 24.1K | $24.0M | 0.2% | +5.2% |
| XOM EXXON MOBIL CORP | Energy | 141.6K | $24.0M | 0.2% | +6.6% |
| ABBV ABBVIE INC | Healthcare | 103.9K | $22.6M | 0.2% | -4.2% |
| CAT CATERPILLAR INC | Industrials | 30.1K | $21.3M | 0.2% | +16.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 7, 2026 | 1517 | $12.80B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 5, 2026 | 1493 | $11.80B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 1630 | $12.81B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 1467 | $10.87B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 14, 2025 | 1155 | $8.14B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 1460 | $9.72B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 3, 2024 | 1379 | $8.90B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 9, 2024 | 1355 | $8.18B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 10, 2024 | 1358 | $7.74B | $K fixed canonical | SEC ↗ |