PHILLIPS FINANCIAL MANAGEMENT, LLC
Long book
$1.38B
Q1 2026
Positions
283
Top-10 weight
50%
concentration
Last quarter
+9.0%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsPHILLIPS FINANCIAL MANAGEMENT, LLC is a wealth-management firm allocating client money, running a $1.38B US long book across 283 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, DIMENSIONAL CORE FIXED INC, DIMENSIONAL INTERNATIONAL CO, DIMENSIONAL SHORT DURATION, DIM US LARGE CAP VALUE ETF.
Over the last 9 quarters its long book ran on average 1.2pp 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
+0.4%
Q2 2024
+6.7%
Q3 2024
-1.4%
Q4 2024
-0.3%
Q1 2025
+6.5%
Q2 2025
+5.8%
Q3 2025
+2.5%
Q4 2025
+0.1%
Q1 2026
+9.0%
Sector allocation
Technology 34%
Financials 24%
Healthcare 10%
Utilities 9%
Industrials 8%
Consumer discretionary 8%
Services media 4%
Energy 2%
Long book by quarter
What does PHILLIPS FINANCIAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JPM JPMORGAN CHASE & CO | Financials | 30.3K | $8.9M | 0.6% | +0.1% |
| AAPL APPLE INC | Technology | 21.5K | $5.5M | 0.4% | -5.7% |
| NVDA NVIDIA CORP | Technology | 23.5K | $4.1M | 0.3% | -1.7% |
| MSFT MICROSOFT CORP | Technology | 7.9K | $2.9M | 0.2% | -6.8% |
| ATO ATMOS ENERGY CORP | Utilities | 15.2K | $2.8M | 0.2% | 0.0% |
| LLY ELI LILLY & CO | Healthcare | 2.9K | $2.6M | 0.2% | -9.5% |
| GOOGL ALPHABET INC-CL A | Technology | 7.6K | $2.2M | 0.2% | -8.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 10.2K | $2.1M | 0.2% | -1.1% |
| GOOG ALPHABET INC-CL C | Technology | 6.1K | $1.8M | 0.1% | -8.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.3K | $1.6M | 0.1% | +20.9% |
| TSLA TESLA INC | Industrials | 4.0K | $1.5M | 0.1% | -0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 283 | $1.38B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 307 | $1.55B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 305 | $1.52B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 279 | $1.38B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 258 | $1.29B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 259 | $1.27B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 276 | $1.29B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 272 | $1.21B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 23, 2024 | 263 | $1.22B | canonical | SEC ↗ |