Royal Fund Management, LLC
Long book
$1.04B
Q1 2026
Positions
257
Top-10 weight
20%
concentration
Last quarter
+15.3%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsRoyal Fund Management, LLC is an institutional manager, running a $1.04B US long book across 257 positions.
The portfolio is broadly diversified across 257 positions (top 10 only 20%). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, INVESCO QQQ TRUST SERIES 1, ISHARES MSCI EAFE ETF, SS SPDR S&P BIOTECH ETF, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+5.5%
Q3 2024
+1.2%
Q4 2024
-2.4%
Q1 2025
+11.1%
Q2 2025
+7.8%
Q3 2025
-0.3%
Q4 2025
-0.6%
Q1 2026
+15.3%
Sector allocation
Technology 34%
Healthcare 11%
Industrials 10%
Financials 10%
Consumer discretionary 9%
Utilities 8%
Energy 5%
Materials 3%
Long book by quarter
What does Royal Fund own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 118.6K | $20.7M | 2.0% | -0.7% |
| MSFT MICROSOFT CORP | Technology | 42.3K | $15.7M | 1.5% | +12.0% |
| JPM JPMORGAN CHASE & CO | Financials | 51.1K | $15.1M | 1.4% | +0.9% |
| RTX RTX CORP | Industrials | 68.3K | $13.2M | 1.3% | +25.0% |
| AAPL APPLE INC | Technology | 48.2K | $12.2M | 1.2% | +17.1% |
| GOOG ALPHABET INC-CL C | Technology | 42.4K | $12.2M | 1.2% | +5201.0% |
| WMT WALMART INC | Consumer discretionary | 92.9K | $11.5M | 1.1% | -50.5% |
| AVGO BROADCOM INC | Technology | 34.5K | $10.7M | 1.0% | +0.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 43.4K | $10.5M | 1.0% | +14.6% |
| ABBV ABBVIE INC | Healthcare | 47.2K | $10.3M | 1.0% | +7.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 37.2K | $9.1M | 0.9% | -1.4% |
| DELL DELL TECHNOLOGIES -C | Technology | 54.7K | $9.0M | 0.9% | +4.0% |
| PSX PHILLIPS 66 | Energy | 46.3K | $8.4M | 0.8% | -14.1% |
| MRK MERCK & CO. INC. | Healthcare | 68.8K | $8.3M | 0.8% | -0.6% |
| META META PLATFORMS INC-CLASS A | Technology | 13.9K | $7.9M | 0.8% | +14.2% |
| AMGN AMGEN INC | Healthcare | 21.0K | $7.4M | 0.7% | +1.7% |
| UBER UBER TECHNOLOGIES INC | Services media | 100.1K | $7.2M | 0.7% | +3.5% |
| NEM NEWMONT CORP | Materials | 66.2K | $7.2M | 0.7% | -6.8% |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 103.3K | $7.2M | 0.7% | -0.5% |
| QCOM QUALCOMM INC | Technology | 54.7K | $7.0M | 0.7% | -15.2% |
| TSLA TESLA INC | Industrials | 18.8K | $7.0M | 0.7% | +6.0% |
| T AT&T INC | Communications | 237.0K | $6.9M | 0.7% | +4.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 33.0K | $6.9M | 0.7% | +2.7% |
| OKE ONEOK INC | Utilities | 75.8K | $6.8M | 0.7% | -5.8% |
| DDOG DATADOG INC - CLASS A | Technology | 57.6K | $6.8M | 0.7% | +7.0% |
| DRI DARDEN RESTAURANTS INC | Consumer discretionary | 34.3K | $6.7M | 0.6% | +2.3% |
| KMB KIMBERLY-CLARK CORP | Other | 67.9K | $6.5M | 0.6% | +102.2% |
| GRMN GARMIN LTD | Technology | 27.9K | $6.5M | 0.6% | +3.4% |
| CVS CVS HEALTH CORP | Healthcare | 88.3K | $6.3M | 0.6% | +30.2% |
| WM WASTE MANAGEMENT INC | Utilities | 27.4K | $6.3M | 0.6% | -48.2% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 42.7K | $6.2M | 0.6% | +8.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 121.4K | $6.1M | 0.6% | -47.5% |
| BX BLACKSTONE INC | Financials | 52.9K | $6.1M | 0.6% | -14.7% |
| MMM 3M CO | Healthcare | 41.8K | $6.1M | 0.6% | +16.0% |
| VRT VERTIV HOLDINGS CO-A | Technology | 23.6K | $5.9M | 0.6% | -78.4% |
| KO COCA-COLA CO/THE | Consumer staples | 77.4K | $5.9M | 0.6% | +130.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 18.8K | $5.9M | 0.6% | +4.3% |
| CSCO CISCO SYSTEMS INC | Technology | 73.4K | $5.7M | 0.5% | +1.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 62.0K | $5.6M | 0.5% | +7.5% |
| EMR EMERSON ELECTRIC CO | Industrials | 42.2K | $5.5M | 0.5% | +12.5% |
| UNP UNION PACIFIC CORP | Industrials | 22.0K | $5.3M | 0.5% | +4.5% |
| CVX CHEVRON CORP | Energy | 25.3K | $5.2M | 0.5% | +12.3% |
| SU SUNCOR ENERGY INC | Energy | 77.1K | $5.1M | 0.5% | +30.0% |
| DUK DUKE ENERGY CORP | Utilities | 38.7K | $5.1M | 0.5% | +16.2% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 12.6K | $4.9M | 0.5% | +3.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 33.7K | $4.9M | 0.5% | -13.4% |
| USB US BANCORP | Financials | 87.8K | $4.6M | 0.4% | +1.7% |
| LLY ELI LILLY & CO | Healthcare | 5.0K | $4.6M | 0.4% | +5.8% |
| AEM AGNICO EAGLE MINES LTD | Materials | 22.5K | $4.6M | 0.4% | +19.4% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 45.5K | $4.5M | 0.4% | -3.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 19, 2026 | 297 | $1.05B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 306 | $1.10B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 294 | $839.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 335 | $1.01B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 331 | $898.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 286 | $1.07B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 347 | $1.68B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 280 | $1.23B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 11, 2024 | 331 | $1.02B | canonical | SEC ↗ |
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