Salus Financial Advisors, LLC
Long book
$171.5M
Q1 2026
Positions
34
Top-10 weight
85%
concentration
Last quarter
+11.6%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsSalus Financial Advisors, LLC is a wealth-management firm allocating client money, specialised in financials (79% of the long book), running a $171.5M US long book across 34 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: ISHARES CORE S&P 500 ETF, ISHARES CORE MSCI EAFE ETF, ISHARES CORE S&P U.S. VALUE, FIDELITY TOTAL BOND ETF, FIDELITY BLUE CHIP GROW ETF.
Over the last 6 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 2 of 6 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
Q4 2024
-0.6%
Q1 2025
+8.8%
Q2 2025
+7.1%
Q3 2025
+2.5%
Q4 2025
-1.5%
Q1 2026
+11.6%
Sector allocation
Technology 39%
Consumer discretionary 32%
Healthcare 29%
Long book by quarter
What does Salus Financial own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 34 | $171.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 35 | $166.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 32 | $162.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 33 | $148.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 34 | $132.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 33 | $127.7M | canonical | SEC ↗ |