Sound Stewardship, LLC
Long book
$218.3M
Q1 2026
Positions
63
Top-10 weight
59%
concentration
Last quarter
+7.6%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsSound Stewardship, LLC is a wealth-management firm allocating client money, specialised in financials (66% of the long book), running a $218.3M US long book across 63 positions.
The portfolio is concentrated: the top 10 names carry 59% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD TOTAL BOND MARKET, SCHWAB FNDMNTL US BRD MR ETF, ISHARES CORE S&P 500 ETF, ABRDN PRECIOUS METALS BASKET, ISHARES MSCI EAFE SMALL-CAP.
Over the last 9 quarters its long book ran on average 1pp 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
+1.1%
Q2 2024
+6.2%
Q3 2024
-2.0%
Q4 2024
+0.6%
Q1 2025
+6.6%
Q2 2025
+6.2%
Q3 2025
+3.7%
Q4 2025
+1.3%
Q1 2026
+7.6%
Sector allocation
Technology 41%
Utilities 29%
Industrials 18%
Healthcare 7%
Financials 5%
Long book by quarter
What does Sound Stewardship, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 3.1K | $784K | 0.4% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 2.0K | $732K | 0.3% | Held |
| NEE NEXTERA ENERGY INC | Utilities | 5.6K | $522K | 0.2% | -1.9% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 6.3K | $495K | 0.2% | -7.5% |
| LNT ALLIANT ENERGY CORP | Utilities | 6.5K | $466K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 2.7K | $462K | 0.2% | Held |
| A AGILENT TECHNOLOGIES INC | Healthcare | 3.1K | $348K | 0.2% | Held |
| EVRG EVERGY INC | Utilities | 4.2K | $347K | 0.2% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 561 | $269K | 0.1% | -2.1% |
| PWR QUANTA SERVICES INC | Industrials | 455 | $250K | 0.1% | New |
| GOOGL ALPHABET INC-CL A | Technology | 756 | $217K | 0.1% | Held |
| OGE OGE ENERGY CORP | Utilities | 4.3K | $206K | 0.1% | New |
| TSLA TESLA INC | Industrials | 547 | $204K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 63 | $218.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 63 | $208.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 66 | $208.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 62 | $193.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 16, 2025 | 60 | $175.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 60 | $168.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 60 | $178.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 56 | $164.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 61 | $164.9M | canonical | SEC ↗ |