PENOBSCOT WEALTH MANAGEMENT
Long book
$338.4M
Q1 2026
Positions
107
Top-10 weight
65%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsPENOBSCOT WEALTH MANAGEMENT is a wealth-management firm allocating client money, running a $338.4M US long book across 107 positions.
The portfolio is concentrated: the top 10 names carry 65% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: STE STR SPDR PT S&P 500 ETF, DIMENSIONAL GLBL CORE PL FIX, VANGUARD FTSE DEVELOPED ETF, ISHARES INTL AGGREGATE BOND, VANGUARD FTSE EMERGING MARKE.
Over the last 9 quarters its long book ran on average 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
+1.3%
Q2 2024
+6.5%
Q3 2024
-1.9%
Q4 2024
-0.7%
Q1 2025
+8.3%
Q2 2025
+6.5%
Q3 2025
+2.6%
Q4 2025
-1.4%
Q1 2026
+10.0%
Sector allocation
Technology 62%
Materials 8%
Healthcare 7%
Industrials 6%
Consumer discretionary 6%
Financials 5%
Other 4%
Consumer staples 2%
Long book by quarter
What does PENOBSCOT WEALTH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 23.1K | $6.1M | 1.8% | +100.0% |
| NVDA NVIDIA CORP | Technology | 7.9K | $1.4M | 0.4% | +0.7% |
| IDXX IDEXX LABORATORIES INC | Materials | 2.2K | $1.2M | 0.4% | -4.9% |
| MSFT MICROSOFT CORP | Technology | 2.8K | $1.0M | 0.3% | +1.2% |
| MRK MERCK & CO. INC. | Healthcare | 5.4K | $651K | 0.2% | -0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.8K | $586K | 0.2% | Held |
| CAT CATERPILLAR INC | Industrials | 682 | $483K | 0.1% | -3.4% |
| JPM JPMORGAN CHASE & CO | Financials | 1.4K | $405K | 0.1% | +1.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.8K | $400K | 0.1% | +1.2% |
| GOOGL ALPHABET INC-CL A | Technology | 1.3K | $376K | 0.1% | +2.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 345 | $344K | 0.1% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 1.2K | $338K | 0.1% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 974 | $279K | 0.1% | -0.2% |
| PEP PEPSICO INC | Consumer staples | 1.7K | $263K | 0.1% | +0.8% |
| FSLR FIRST SOLAR INC | Technology | 1.3K | $258K | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.5K | $252K | 0.1% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.0K | $250K | 0.1% | +0.4% |
| META META PLATFORMS INC-CLASS A | Technology | 424 | $243K | 0.1% | -0.2% |
| ETN EATON CORP PLC | Industrials | 667 | $238K | 0.1% | -4.7% |
| GE GENERAL ELECTRIC | Industrials | 837 | $238K | 0.1% | +0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 112 | $338.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 105 | $323.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 19, 2025 | 103 | $311.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 1, 2025 | 97 | $279.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 91 | $237.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 74 | $217.0M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 76 | $185.2M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 73 | $168.0M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 75 | $158.3M | $K fixed canonical | SEC ↗ |