Red Tortoise LLC
Long book
$238.1M
Q1 2026
Positions
590
Top-10 weight
49%
concentration
Last quarter
+9.3%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsRed Tortoise LLC is a wealth-management firm allocating client money, running a $238.1M US long book across 590 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB INTL EQUITY ETF, SCHWAB FNDMN INTL LRG CO ETF, ISHARES CORE S&P 500 ETF, SCHWAB EMRG MRKTS EQTY ETF, ISHARES CORE MSCI EAFE ETF.
Over the last 9 quarters its long book ran on average 0.5pp 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
+1.2%
Q2 2024
+7.3%
Q3 2024
-3.3%
Q4 2024
+1.5%
Q1 2025
+8.2%
Q2 2025
+6.8%
Q3 2025
+3.5%
Q4 2025
+1.3%
Q1 2026
+9.3%
Sector allocation
Technology 45%
Consumer discretionary 13%
Materials 12%
Financials 8%
Industrials 5%
Healthcare 4%
Services media 3%
Energy 3%
Long book by quarter
What does Red Tortoise own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AEM AGNICO EAGLE MINES LTD | Materials | 7.3K | $1.5M | 0.6% | Held |
| AAPL APPLE INC | Technology | 5.7K | $1.5M | 0.6% | Held |
| MSFT MICROSOFT CORP | Technology | 3.2K | $1.2M | 0.5% | -0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.3K | $1.1M | 0.5% | -0.3% |
| GOOG ALPHABET INC-CL C | Technology | 3.0K | $863K | 0.4% | +1.3% |
| NVDA NVIDIA CORP | Technology | 3.1K | $545K | 0.2% | +0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 1.7K | $495K | 0.2% | Held |
| ORCL ORACLE CORP | Technology | 2.7K | $400K | 0.2% | Held |
| APP APPLOVIN CORP-CLASS A | Technology | 550 | $219K | 0.1% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 334 | $191K | 0.1% | Held |
| AVGO BROADCOM INC | Technology | 598 | $185K | 0.1% | +0.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 376 | $180K | 0.1% | Held |
| WMT WALMART INC | Consumer discretionary | 1.4K | $180K | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 903 | $153K | 0.1% | +0.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 647 | $240.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 657 | $235.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 646 | $230.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 653 | $207.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 633 | $193.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 642 | $193.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 624 | $200.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 658 | $185.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 607 | $179.1M | canonical | SEC ↗ |