PROTECTIVE LIFE CORP

Wealth advisor Mechanical CIK 355429
Long book
$30.1M
Q1 2026
Positions
155
Top-10 weight
57%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
99%
of book per quarter

Strategy in plain words

auto-generated from filings

PROTECTIVE LIFE CORP is a wealth-management firm allocating client money, running a $30.1M US long book across 155 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NUVEEN PREFERED & INCOME OPP, ISHARES TIPS BOND ETF, VANGUARD S/T CORP BOND ETF, VANGUARD INT-TERM CORPORATE, VANGUARD SHORT-TERM BOND ETF.

Over the last 9 quarters its long book ran on average 0pp per quarter ahead of 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
+6.3%
Q2 2024
+10.9%
Q3 2024
-0.1%
Q4 2024
+3.9%
Q1 2025
+3.4%
Q2 2025
+4.8%
Q3 2025
+1.3%
Q4 2025
-4.8%
Q1 2026
+18.6%

Sector allocation

Technology
23%
Financials
12%
Industrials
11%
Consumer discretionary
10%
Consumer staples
9%
Healthcare
9%
Energy
7%
Utilities
7%

Long book by quarter

$3.2M
Q1 2024
$3.3M
Q2 2024
$3.6M
Q3 2024
$3.5M
Q4 2024
$3.5M
Q1 2025
$3.5M
Q2 2025
$3.6M
Q3 2025
$3.6M
Q4 2025
$30.1M
Q1 2026

What does PROTECTIVE LIFE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology1.2K$303K1.0%New
MSFT MICROSOFT CORPTechnology349$129K0.4%New
WMT WALMART INCConsumer discretionary1.0K$125K0.4%New
JPM JPMORGAN CHASE & COFinancials418$123K0.4%New
JNJ JOHNSON & JOHNSONHealthcare503$123K0.4%New
CAT CATERPILLAR INCIndustrials125$89K0.3%New
PM PHILIP MORRIS INTERNATIONALConsumer staples475$79K0.3%New
XOM EXXON MOBIL CORPEnergy339$58K0.2%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials119$57K0.2%New
PSX PHILLIPS 66Energy312$57K0.2%New
PEP PEPSICO INCConsumer staples358$56K0.2%New
KO COCA-COLA CO/THEConsumer staples717$55K0.2%New
VZ VERIZON COMMUNICATIONS INCCommunications1.1K$54K0.2%New
CSCO CISCO SYSTEMS INCTechnology670$52K0.2%New
CVX CHEVRON CORPEnergy243$50K0.2%New
STXN SEAGATE TECHNOLOGY HOLDINGS122$48K0.2%New
MCD MCDONALD'S CORPConsumer discretionary151$47K0.2%New
CL COLGATE-PALMOLIVE COOther548$47K0.2%New
WM WASTE MANAGEMENT INCUtilities200$46K0.2%New
PG PROCTER & GAMBLE CO/THEOther314$45K0.2%New
BLK BLACKROCK INCFinancials45$43K0.1%New
RTX RTX CORPIndustrials214$41K0.1%New
GOOGL ALPHABET INC-CL ATechnology142$41K0.1%New
TJX TJX COMPANIES INCConsumer discretionary249$40K0.1%New
MO ALTRIA GROUP INCConsumer staples600$40K0.1%New
NEE NEXTERA ENERGY INCUtilities369$34K0.1%New
MMM 3M COHealthcare233$34K0.1%New
FDX FEDEX CORPIndustrials95$34K0.1%New
CMS CMS ENERGY CORPUtilities420$33K0.1%New
AFL AFLAC INCFinancials294$32K0.1%New
CB CHUBB LTDFinancials97$32K0.1%New
ABBV ABBVIE INCHealthcare145$32K0.1%New
EMR EMERSON ELECTRIC COIndustrials240$31K0.1%New
MRK MERCK & CO. INC.Healthcare241$29K0.1%New
ITW ILLINOIS TOOL WORKSIndustrials107$28K0.1%New
HON HONEYWELL INTERNATIONAL INCIndustrials123$28K0.1%New
LIN LINDE PLCMaterials53$26K0.1%New
ORCL ORACLE CORPTechnology169$25K0.1%New
LOW LOWE'S COS INCConsumer discretionary105$25K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026155$30.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261$3.6M canonicalSEC ↗
Q3 202513F-HRNov 12, 20251$3.6M canonicalSEC ↗
Q2 202513F-HRAug 11, 20251$3.5M canonicalSEC ↗
Q1 202513F-HRMay 15, 20251$3.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251$3.5M canonicalSEC ↗
Q3 202413F-HRNov 7, 20241$3.6M canonicalSEC ↗
Q2 202413F-HRAug 9, 20241$3.3M canonicalSEC ↗
Q1 202413F-HRMay 15, 20241$3.2M canonicalSEC ↗