Payne Capital Management, LLC
Long book
$330.2M
Q1 2026
Positions
78
Top-10 weight
64%
concentration
Last quarter
+9.9%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsPayne Capital Management, LLC is a wealth-management firm allocating client money, running a $330.2M US long book across 78 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB INTL EQUITY ETF, GLOBAL X MLP & ENERGY INFRAS, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE, ABRDN BLOOMBERG ALL COMMODIT.
Over the last 6 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 2 of 6 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
Q4 2024
+0.5%
Q1 2025
+8.1%
Q2 2025
+6.3%
Q3 2025
+2.1%
Q4 2025
+2.5%
Q1 2026
+9.9%
Sector allocation
Technology 48%
Financials 15%
Healthcare 11%
Consumer discretionary 9%
Energy 6%
Industrials 5%
Consumer staples 3%
Services media 1%
Long book by quarter
What does Payne Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 13.4K | $3.4M | 1.0% | +0.2% |
| NVDA NVIDIA CORP | Technology | 18.5K | $3.2M | 1.0% | -0.4% |
| MRK MERCK & CO. INC. | Healthcare | 13.8K | $1.7M | 0.5% | -0.4% |
| MSFT MICROSOFT CORP | Technology | 4.5K | $1.7M | 0.5% | +4.2% |
| XOM EXXON MOBIL CORP | Energy | 8.0K | $1.4M | 0.4% | +9.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.2K | $1.0M | 0.3% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.1K | $852K | 0.3% | +3.3% |
| JPM JPMORGAN CHASE & CO | Financials | 2.8K | $810K | 0.2% | +8.8% |
| GOOGL ALPHABET INC-CL A | Technology | 2.1K | $604K | 0.2% | +4.8% |
| MS MORGAN STANLEY | Financials | 3.6K | $594K | 0.2% | -3.4% |
| MCK MCKESSON CORP | Consumer discretionary | 655 | $567K | 0.2% | -3.0% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 3.2K | $535K | 0.2% | +25.1% |
| HD HOME DEPOT INC | Consumer discretionary | 1.5K | $493K | 0.1% | -3.2% |
| META META PLATFORMS INC-CLASS A | Technology | 855 | $489K | 0.1% | +4.1% |
| AVGO BROADCOM INC | Technology | 1.5K | $463K | 0.1% | -1.1% |
| NOW SERVICENOW INC | Technology | 4.4K | $459K | 0.1% | Held |
| MU MICRON TECHNOLOGY INC | Technology | 1.1K | $377K | 0.1% | -2.5% |
| TSLA TESLA INC | Industrials | 1.0K | $372K | 0.1% | -25.4% |
| UNP UNION PACIFIC CORP | Industrials | 1.5K | $370K | 0.1% | -22.9% |
| BAC BANK OF AMERICA CORP | Financials | 7.1K | $348K | 0.1% | -3.9% |
| LLY ELI LILLY & CO | Healthcare | 322 | $297K | 0.1% | Held |
| GLW CORNING INC | Industrials | 2.1K | $291K | 0.1% | -10.1% |
| CSCO CISCO SYSTEMS INC | Technology | 3.6K | $283K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 972 | $279K | 0.1% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 319 | $270K | 0.1% | -2.1% |
| NFLX NETFLIX INC | Services media | 2.7K | $262K | 0.1% | -1.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.0K | $255K | 0.1% | -1.7% |
| WMT WALMART INC | Consumer discretionary | 2.0K | $248K | 0.1% | -2.4% |
| AB ALLIANCEBERNSTEIN HOLDING LP | Financials | 6.5K | $243K | 0.1% | Held |
| CIEN CIENA CORP | Technology | 616 | $239K | 0.1% | New |
| ED CONSOLIDATED EDISON INC | Utilities | 2.1K | $234K | 0.1% | Held |
| ABBV ABBVIE INC | Healthcare | 1.1K | $232K | 0.1% | -7.4% |
| KO COCA-COLA CO/THE | Consumer staples | 3.0K | $229K | 0.1% | -8.9% |
| TRV TRAVELERS COS INC/THE | Financials | 778 | $227K | 0.1% | Held |
| T AT&T INC | Communications | 7.5K | $218K | 0.1% | New |
| ORCL ORACLE CORP | Technology | 1.4K | $212K | 0.1% | -2.4% |
| DY DYCOM INDUSTRIES INC | Industrials | 622 | $211K | 0.1% | Held |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 3.3K | $201K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 79 | $330.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 81 | $316.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Dec 1, 2025 | 77 | $310.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Nov 25, 2025 | 77 | $259.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Nov 25, 2025 | 71 | $234.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Nov 25, 2025 | 69 | $231.8M | canonical | SEC ↗ |