PAX Financial Group, LLC
Long book
$586.2M
Q1 2026
Positions
199
Top-10 weight
40%
concentration
Last quarter
+11.3%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsPAX Financial Group, LLC is a wealth-management firm allocating client money, running a $586.2M US long book across 199 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES S&P 500 VALUE ETF, ISHR CR UNVRSE USD BD ETF-UI, ISHARES S&P 500 GROWTH ETF, ISHRS US E F R A ETF-USD INC.
Over the last 9 quarters its long book ran on average 1.1pp 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
+1.0%
Q2 2024
+5.9%
Q3 2024
-0.6%
Q4 2024
-1.9%
Q1 2025
+8.5%
Q2 2025
+6.1%
Q3 2025
+2.2%
Q4 2025
-1.7%
Q1 2026
+11.3%
Sector allocation
Technology 46%
Consumer discretionary 11%
Industrials 10%
Financials 8%
Healthcare 7%
Services media 7%
Energy 4%
Consumer staples 2%
Long book by quarter
What does PAX Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 19.5K | $5.0M | 0.8% | +5.0% |
| NVDA NVIDIA CORP | Technology | 24.5K | $4.3M | 0.7% | +20.6% |
| MSFT MICROSOFT CORP | Technology | 9.9K | $3.6M | 0.6% | +8.5% |
| GOOGL ALPHABET INC-CL A | Technology | 11.4K | $3.3M | 0.6% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 9.2K | $1.9M | 0.3% | +9.7% |
| JKHY JACK HENRY & ASSOCIATES INC | Technology | 9.7K | $1.5M | 0.3% | -14.7% |
| XOM EXXON MOBIL CORP | Energy | 8.9K | $1.5M | 0.3% | -9.3% |
| FTNT FORTINET INC | Technology | 17.5K | $1.4M | 0.2% | -13.4% |
| AVGO BROADCOM INC | Technology | 4.4K | $1.4M | 0.2% | +10.4% |
| ANET ARISTA NETWORKS INC | Technology | 10.7K | $1.3M | 0.2% | -19.4% |
| APH AMPHENOL CORP-CL A | Technology | 10.3K | $1.3M | 0.2% | +5.9% |
| TSLA TESLA INC | Industrials | 3.2K | $1.2M | 0.2% | +9.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.1K | $1.1M | 0.2% | -2.9% |
| META META PLATFORMS INC-CLASS A | Technology | 1.8K | $1.0M | 0.2% | -14.1% |
| SWKS SKYWORKS SOLUTIONS INC | Technology | 16.8K | $900K | 0.2% | -13.6% |
| LLY ELI LILLY & CO | Healthcare | 977 | $899K | 0.2% | +5.6% |
| MA MASTERCARD INC - A | Services media | 1.7K | $872K | 0.1% | -6.3% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 642 | $848K | 0.1% | -10.7% |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 1.1K | $814K | 0.1% | -8.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.7K | $804K | 0.1% | +2.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 199 | $586.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 207 | $579.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 216 | $555.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 234 | $523.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 246 | $564.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 227 | $558.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 225 | $557.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 230 | $512.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 221 | $498.2M | canonical | SEC ↗ |