RF&L WEALTH MANAGEMENT, LLC
Long book
$133.6M
Q1 2026
Positions
52
Top-10 weight
65%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsRF&L WEALTH MANAGEMENT, LLC is a wealth-management firm allocating client money, running a $133.6M US long book across 52 positions.
The portfolio is concentrated: the top 10 names carry 65% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US TARGET VALUE, DIMENSIONAL US CORE EQUITY 2, DIMENSIONAL US EQ MKT ETF, DIMENSIONAL US MARKETWIDE VA, VANGUARD SHORT-TERM BOND ETF.
Over the last 9 quarters its long book ran on average 0.4pp 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
+2.3%
Q2 2024
+6.6%
Q3 2024
+0.5%
Q4 2024
-2.4%
Q1 2025
+8.3%
Q2 2025
+7.6%
Q3 2025
+2.9%
Q4 2025
-1.1%
Q1 2026
+12.2%
Sector allocation
Healthcare 45%
Technology 28%
Financials 10%
Consumer discretionary 9%
Utilities 3%
Energy 3%
Industrials 2%
Long book by quarter
What does RF&L WEALTH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| LLY ELI LILLY & CO | Healthcare | 3.4K | $3.1M | 2.3% | -4.6% |
| NVDA NVIDIA CORP | Technology | 10.9K | $1.9M | 1.4% | -56.8% |
| ABBV ABBVIE INC | Healthcare | 8.7K | $1.9M | 1.4% | -48.7% |
| AAPL APPLE INC | Technology | 4.7K | $1.2M | 0.9% | -83.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 9.5K | $975K | 0.7% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 865 | $862K | 0.6% | -77.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.1K | $542K | 0.4% | -8.1% |
| GL GLOBE LIFE INC | Financials | 3.6K | $505K | 0.4% | -7.1% |
| SO SOUTHERN CO/THE | Utilities | 4.9K | $468K | 0.4% | Held |
| MSFT MICROSOFT CORP | Technology | 1.1K | $408K | 0.3% | -89.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.8K | $383K | 0.3% | -92.9% |
| CVX CHEVRON CORP | Energy | 1.8K | $364K | 0.3% | -77.3% |
| GOOGL ALPHABET INC-CL A | Technology | 1.0K | $292K | 0.2% | -26.0% |
| JPM JPMORGAN CHASE & CO | Financials | 977 | $288K | 0.2% | -86.0% |
| TSLA TESLA INC | Industrials | 555 | $206K | 0.2% | -51.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 52 | $133.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 9, 2026 | 62 | $178.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 8, 2025 | 60 | $170.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 7, 2025 | 59 | $155.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 58 | $139.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 57 | $141.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 58 | $141.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 56 | $131.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 56 | $129.8M | canonical | SEC ↗ |