Roble, Belko & Company, Inc
Long book
$786.5M
Q1 2026
Positions
487
Top-10 weight
60%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsRoble, Belko & Company, Inc is a wealth-management firm allocating client money, running a $786.5M US long book across 487 positions.
The portfolio is concentrated: the top 10 names carry 60% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, VANGUARD TOTAL INTL STOCK, VANGUARD TOTAL BOND MARKET, VANGUARD FTSE DEVELOPED ETF, VANGUARD HIGH DVD YIELD ETF.
Over the last 9 quarters its long book ran on average 0.6pp 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
+2.0%
Q2 2024
+6.3%
Q3 2024
-1.2%
Q4 2024
-0.4%
Q1 2025
+9.1%
Q2 2025
+6.7%
Q3 2025
+2.7%
Q4 2025
-1.5%
Q1 2026
+11.5%
Sector allocation
Technology 29%
Consumer discretionary 16%
Financials 14%
Services media 9%
Industrials 9%
Healthcare 8%
Energy 4%
Utilities 4%
Long book by quarter
What does Roble, Belko own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TJX TJX COMPANIES INC | Consumer discretionary | 31.8K | $5.1M | 0.6% | -1.1% |
| MA MASTERCARD INC - A | Services media | 6.5K | $3.3M | 0.4% | -1.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 10.6K | $2.6M | 0.3% | -3.1% |
| NVDA NVIDIA CORP | Technology | 12.4K | $2.2M | 0.3% | -0.2% |
| MSFT MICROSOFT CORP | Technology | 4.9K | $1.8M | 0.2% | +0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.7K | $1.8M | 0.2% | -0.1% |
| AAPL APPLE INC | Technology | 5.6K | $1.4M | 0.2% | -4.1% |
| XOM EXXON MOBIL CORP | Energy | 7.4K | $1.3M | 0.2% | +18.4% |
| ABBV ABBVIE INC | Healthcare | 5.5K | $1.2M | 0.2% | +0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.5K | $868K | 0.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.1K | $846K | 0.1% | -8.4% |
| OKE ONEOK INC | Utilities | 9.3K | $844K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 2.9K | $825K | 0.1% | -0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 2.7K | $784K | 0.1% | -7.8% |
| CAT CATERPILLAR INC | Industrials | 779 | $552K | 0.1% | -12.6% |
| ORCL ORACLE CORP | Technology | 3.5K | $510K | 0.1% | Held |
| C CITIGROUP INC | Financials | 4.2K | $477K | 0.1% | Held |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 4.8K | $471K | 0.1% | +7.0% |
| GE GENERAL ELECTRIC | Industrials | 1.5K | $439K | 0.1% | +54.1% |
| CSCO CISCO SYSTEMS INC | Technology | 5.4K | $417K | 0.1% | +5.0% |
| FNB FNB CORP | Financials | 23.5K | $393K | 0.0% | Held |
| LLY ELI LILLY & CO | Healthcare | 416 | $383K | 0.0% | +2347.1% |
| CVX CHEVRON CORP | Energy | 1.8K | $378K | 0.0% | +22.3% |
| MRSH MARSH & MCLENNAN COS | Financials | 2.2K | $376K | 0.0% | -11.6% |
| QCOM QUALCOMM INC | Technology | 2.8K | $361K | 0.0% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 1.2K | $358K | 0.0% | -7.0% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 1.7K | $355K | 0.0% | +6.2% |
| GEV GE VERNOVA INC | Industrials | 383 | $334K | 0.0% | +54.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 487 | $786.5M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 503 | $763.0M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 471 | $737.5M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 463 | $687.2M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 443 | $626.8M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 420 | $629.3M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 401 | $634.5M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 378 | $597.3M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 11, 2024 | 358 | $582.7M | $K fixed canonical | SEC ↗ |