RPTC Inc.
Long book
$570.7M
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
+7.6%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsRPTC Inc. is an institutional manager, specialised in financials (100% of the long book), running a $570.7M US long book across 7 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB (CHARLES) CORP, ISHARES CORE S&P 500 ETF, VANGUARD FTSE DEVELOPED ETF, ISHARES CORE MSCI EAFE ETF, VANGUARD FTSE EMERGING MARKE.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 5 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
+2.5%
Q2 2024
-4.0%
Q3 2024
+7.1%
Q4 2024
+3.4%
Q1 2025
+14.8%
Q2 2025
+5.9%
Q3 2025
+4.2%
Q4 2025
-4.2%
Q1 2026
+7.6%
Sector allocation
Financials 100%
Long book by quarter
What does RPTC Inc. own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SCHW SCHWAB (CHARLES) CORP | Financials | 3.5M | $331.0M | 58.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 7 | $570.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 7 | $595.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 7 | $572.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 7 | $568.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 7 | $497.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 6 | $490.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 6 | $460.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 6 | $487.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 6 | $473.5M | canonical | SEC ↗ |