Partners in Financial Planning
Long book
$602.9M
Q1 2026
Positions
122
Top-10 weight
69%
concentration
Last quarter
+8.3%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsPartners in Financial Planning is a wealth-management firm allocating client money, running a $602.9M US long book across 122 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD TOTAL BOND MARKET, VANGUARD VALUE ETF, VANGUARD GROWTH ETF, VANGUARD TOTAL INTL BOND ETF, VANGUARD FTSE DEVELOPED ETF.
Over the last 9 quarters its long book ran on average 1.4pp 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
+0.7%
Q2 2024
+6.3%
Q3 2024
-1.2%
Q4 2024
-0.5%
Q1 2025
+6.9%
Q2 2025
+5.3%
Q3 2025
+2.1%
Q4 2025
-0.4%
Q1 2026
+8.3%
Sector allocation
Industrials 26%
Technology 16%
Consumer discretionary 14%
Financials 13%
Energy 11%
Healthcare 9%
Other 5%
Consumer staples 4%
Long book by quarter
What does Partners in own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NSC NORFOLK SOUTHERN CORP | Industrials | 9.4K | $2.7M | 0.4% | Held |
| XOM EXXON MOBIL CORP | Energy | 12.6K | $2.1M | 0.4% | Held |
| CVX CHEVRON CORP | Energy | 7.6K | $1.6M | 0.3% | Held |
| AAPL APPLE INC | Technology | 6.1K | $1.6M | 0.3% | -6.0% |
| STLD STEEL DYNAMICS INC | Industrials | 6.6K | $1.2M | 0.2% | -4.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.7K | $1.2M | 0.2% | -3.5% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 5.0K | $1.2M | 0.2% | Held |
| TSLA TESLA INC | Industrials | 3.1K | $1.1M | 0.2% | +0.2% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 2.1K | $1.0M | 0.2% | Held |
| MSFT MICROSOFT CORP | Technology | 2.6K | $971K | 0.2% | +1.2% |
| EW EDWARDS LIFESCIENCES CORP | Healthcare | 11.6K | $928K | 0.2% | Held |
| GEV GE VERNOVA INC | Industrials | 993 | $867K | 0.1% | +6.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.7K | $802K | 0.1% | Held |
| WMT WALMART INC | Consumer discretionary | 6.4K | $793K | 0.1% | +1.6% |
| TFC TRUIST FINANCIAL CORP | Financials | 17.1K | $785K | 0.1% | +15.3% |
| GOOG ALPHABET INC-CL C | Technology | 2.7K | $785K | 0.1% | +4.0% |
| NKSH NATIONAL BANKSHARES INC/VA | Financials | 21.4K | $780K | 0.1% | Held |
| GE GENERAL ELECTRIC | Industrials | 2.7K | $779K | 0.1% | +6.2% |
| GOOGL ALPHABET INC-CL A | Technology | 2.3K | $676K | 0.1% | +1.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 4.1K | $672K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.7K | $652K | 0.1% | +3.0% |
| CSX CSX CORP | Industrials | 15.8K | $649K | 0.1% | Held |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 1.6K | $627K | 0.1% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 4.1K | $592K | 0.1% | +1.5% |
| LOW LOWE'S COS INC | Consumer discretionary | 2.4K | $567K | 0.1% | +2.1% |
| GLW CORNING INC | Industrials | 3.6K | $494K | 0.1% | Held |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 2.2K | $457K | 0.1% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.4K | $439K | 0.1% | -12.4% |
| CVS CVS HEALTH CORP | Healthcare | 5.9K | $423K | 0.1% | Held |
| NKE NIKE INC -CL B | Other | 8.0K | $421K | 0.1% | Held |
| DHR DANAHER CORP | Technology | 2.0K | $370K | 0.1% | +3.5% |
| META META PLATFORMS INC-CLASS A | Technology | 624 | $357K | 0.1% | +1.1% |
| AVGO BROADCOM INC | Technology | 1.1K | $344K | 0.1% | +0.1% |
| RTX RTX CORP | Industrials | 1.6K | $304K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 122 | $602.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 115 | $590.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 115 | $578.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 107 | $542.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 101 | $497.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 107 | $490.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Feb 26, 2025 | 107 | $495.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Feb 26, 2025 | 104 | $460.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Feb 26, 2025 | 103 | $449.3M | canonical | SEC ↗ |