PFG Investments, LLC

Diversified mechanical Mechanical CIK 1973224
League rank
#165
in Diversified mechanical · #3441 overall
Long book
$2.15B
Q1 2026
Positions
1191
Top-10 weight
23%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

PFG Investments, LLC is a mechanically diversified allocator, running a $2.15B US long book across 1191 positions.

The portfolio is broadly diversified across 1191 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, TESLA INC, MICROSOFT CORP, JPMORGAN ULTRA-SHORT INCOME.

Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 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
+4.0%
Q2 2024
+6.8%
Q3 2024
+1.7%
Q4 2024
-3.2%
Q1 2025
+8.5%
Q2 2025
+9.1%
Q3 2025
+1.8%
Q4 2025
-1.6%
Q1 2026
+11.9%

Sector allocation

Technology
38%
Industrials
13%
Financials
9%
Consumer discretionary
8%
Healthcare
8%
Utilities
6%
Energy
5%
Services media
3%

Long book by quarter

$1.65B
Q1 2024
$1.40B
Q2 2024
$1.55B
Q3 2024
$1.61B
Q4 2024
$1.56B
Q1 2025
$1.71B
Q2 2025
$1.93B
Q3 2025
$2.12B
Q4 2025
$2.15B
Q1 2026

What does PFG Investments, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology527.6K$133.9M6.2%-0.8%
NVDA NVIDIA CORPTechnology420.1K$73.3M3.4%+1.1%
TSLA TESLA INCIndustrials137.0K$50.9M2.4%0.0%
MSFT MICROSOFT CORPTechnology134.2K$49.7M2.3%+4.6%
AMZN AMAZON.COM INCConsumer discretionary176.9K$36.8M1.7%+2.6%
GOOGL ALPHABET INC-CL ATechnology89.3K$25.7M1.2%+2.6%
JNJ JOHNSON & JOHNSONHealthcare105.0K$25.7M1.2%+1.6%
META META PLATFORMS INC-CLASS ATechnology43.0K$24.6M1.1%-3.1%
XOM EXXON MOBIL CORPEnergy142.8K$24.2M1.1%-0.7%
JPM JPMORGAN CHASE & COFinancials70.9K$20.9M1.0%+4.0%
GOOG ALPHABET INC-CL CTechnology66.0K$18.9M0.9%-0.2%
COST COSTCO WHOLESALE CORPConsumer discretionary17.8K$17.8M0.8%-0.5%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology111.3K$16.3M0.8%+8.6%
CSCO CISCO SYSTEMS INCTechnology171.2K$13.3M0.6%+3.8%
WMT WALMART INCConsumer discretionary104.0K$12.9M0.6%-6.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials24.6K$11.8M0.5%+3.3%
VZ VERIZON COMMUNICATIONS INCCommunications226.3K$11.4M0.5%-10.6%
AVGO BROADCOM INCTechnology34.7K$10.7M0.5%+1.7%
IBM INTL BUSINESS MACHINES CORPTechnology42.9K$10.4M0.5%-1.9%
AMD ADVANCED MICRO DEVICESTechnology51.0K$10.4M0.5%+14.3%
GLW CORNING INCIndustrials76.3K$10.4M0.5%-3.3%
CVX CHEVRON CORPEnergy48.6K$10.1M0.5%+6.0%
PEP PEPSICO INCConsumer staples63.3K$9.8M0.5%-12.4%
PG PROCTER & GAMBLE CO/THEOther62.2K$9.0M0.4%+10.4%
LLY ELI LILLY & COHealthcare9.6K$8.9M0.4%+11.9%
V VISA INC-CLASS A SHARESServices media29.1K$8.8M0.4%-3.0%
NFLX NETFLIX INCServices media88.4K$8.5M0.4%+6.8%
BEPC BROOKFIELD RENEWABLE CORPUtilities211.3K$8.4M0.4%-0.5%
PFE PFIZER INCHealthcare297.4K$8.3M0.4%-4.3%
HASI HA SUSTAINABLE INFRASTRUCTURFinancials223.6K$8.2M0.4%-0.1%
ABBV ABBVIE INCHealthcare35.5K$7.7M0.4%-2.0%
MRK MERCK & CO. INC.Healthcare62.0K$7.5M0.3%-1.7%
T AT&T INCCommunications257.0K$7.4M0.3%-1.1%
ED CONSOLIDATED EDISON INCUtilities65.6K$7.4M0.3%+2.8%
HD HOME DEPOT INCConsumer discretionary21.8K$7.2M0.3%-0.5%
ORCL ORACLE CORPTechnology48.2K$7.1M0.3%+14.3%
BAC BANK OF AMERICA CORPFinancials144.5K$7.0M0.3%-12.5%
CAT CATERPILLAR INCIndustrials9.2K$6.5M0.3%+5.9%
GE GENERAL ELECTRICIndustrials22.5K$6.4M0.3%-4.2%
GEV GE VERNOVA INCIndustrials7.2K$6.3M0.3%-0.3%
INTC INTEL CORPTechnology137.6K$6.1M0.3%-13.9%
UPS UNITED PARCEL SERVICE-CL BIndustrials61.5K$6.1M0.3%+0.4%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities148.6K$5.6M0.3%+1.1%
MU MICRON TECHNOLOGY INCTechnology16.5K$5.6M0.3%-5.0%
KO COCA-COLA CO/THEConsumer staples71.1K$5.4M0.3%-0.3%
CRWV COREWEAVE INC-CL ATechnology67.3K$5.2M0.2%+73.7%
BA BOEING CO/THEIndustrials25.9K$5.2M0.2%+3.0%
PM PHILIP MORRIS INTERNATIONALConsumer staples30.9K$5.1M0.2%+0.9%
MCD MCDONALD'S CORPConsumer discretionary15.9K$4.9M0.2%+3.5%
ET ENERGY TRANSFER LPUtilities238.6K$4.6M0.2%-1.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 20261191$2.15B canonicalSEC ↗
Q4 202513F-HRJan 26, 20261150$2.12B canonicalSEC ↗
Q3 202513F-HROct 31, 20251111$1.93B canonicalSEC ↗
Q2 202513F-HRJul 18, 20251046$1.71B canonicalSEC ↗
Q1 202513F-HRApr 22, 20251017$1.56B canonicalSEC ↗
Q4 202413F-HRJan 22, 20251027$1.61B canonicalSEC ↗
Q3 202413F-HROct 24, 20241021$1.55B canonicalSEC ↗
Q2 202413F-HRAug 7, 2024943$1.40B canonicalSEC ↗
Q1 202413F-HRApr 22, 20241152$1.65B canonicalSEC ↗