Pinnacle Wealth Management, LLC
Long book
$148.5M
Q1 2026
Positions
25
Top-10 weight
82%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
48%
of book per quarter
Strategy in plain words
auto-generated from filingsPinnacle Wealth Management, LLC is a wealth-management firm allocating client money, specialised in technology (67% of the long book), running a $148.5M US long book across 25 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: FUNDSTR GRAN SH US LRG CAP, PIMCO MULTISECTOR BOND ACTV, JPMORGAN ACTIVE BOND ETF, LAZARD INTL DYNAMIC EQY ETF, STATE STREET BRGWTR ALL WTHR.
Over the last 9 quarters its long book ran on average 0.8pp 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
+3.9%
Q2 2024
+2.7%
Q3 2024
+8.9%
Q4 2024
-10.0%
Q1 2025
+15.7%
Q2 2025
+10.4%
Q3 2025
-1.1%
Q4 2025
-6.9%
Q1 2026
+10.0%
Sector allocation
Technology 67%
Industrials 20%
Consumer discretionary 7%
Financials 7%
Long book by quarter
What does Pinnacle Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 17.4K | $3.0M | 2.0% | -22.5% |
| GOOG ALPHABET INC-CL C | Technology | 8.6K | $2.5M | 1.7% | -23.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 16.9K | $2.5M | 1.7% | -30.1% |
| ANET ARISTA NETWORKS INC | Technology | 17.4K | $2.1M | 1.4% | -38.6% |
| AAPL APPLE INC | Technology | 7.4K | $1.9M | 1.3% | -26.0% |
| CAT CATERPILLAR INC | Industrials | 2.7K | $1.9M | 1.3% | -21.5% |
| META META PLATFORMS INC-CLASS A | Technology | 3.2K | $1.8M | 1.2% | -24.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 8.5K | $1.8M | 1.2% | -31.9% |
| JPM JPMORGAN CHASE & CO | Financials | 5.9K | $1.7M | 1.2% | -31.9% |
| TSLA TESLA INC | Industrials | 4.6K | $1.7M | 1.2% | -31.7% |
| APP APPLOVIN CORP-CLASS A | Technology | 4.2K | $1.7M | 1.1% | -31.2% |
| MSFT MICROSOFT CORP | Technology | 3.9K | $1.5M | 1.0% | -17.9% |
| RKLB ROCKET LAB CORP | Industrials | 22.2K | $1.4M | 1.0% | -63.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 25 | $148.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 39 | $148.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 37 | $148.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 39 | $119.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 62 | $88.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 18, 2025 | 35 | $89.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 36 | $83.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 41 | $80.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 43 | $95.9M | canonical | SEC ↗ |