SPINNAKER TRUST
Long book
$1.81B
Q1 2026
Positions
285
Top-10 weight
42%
concentration
Last quarter
+12.9%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsSPINNAKER TRUST is a wealth-management firm allocating client money, running a $1.81B US long book across 285 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: STE STR SPDR PT S&P 500 ETF, SS TECHNOLOGY SELECT SECTOR, ISHARES TRUST ISHARES ESG AW, ISHARES ESG OPTIMIZED MSCI U, ISHARES CORE 1-5 YEAR USD BO.
Over the last 9 quarters its long book ran on average 0.5pp 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
+2.4%
Q2 2024
+7.0%
Q3 2024
-0.9%
Q4 2024
-1.0%
Q1 2025
+8.0%
Q2 2025
+7.1%
Q3 2025
+3.2%
Q4 2025
-2.9%
Q1 2026
+12.9%
Sector allocation
Technology 30%
Financials 16%
Healthcare 16%
Industrials 11%
Consumer discretionary 8%
Other 6%
Services media 5%
Energy 3%
Long book by quarter
What does SPINNAKER TRUST own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MMM 3M CO | Healthcare | 399.2K | $58.0M | 3.2% | -1.0% |
| AAPL APPLE INC | Technology | 223.2K | $56.6M | 3.1% | +4.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 98.0K | $47.0M | 2.6% | -1.5% |
| MSFT MICROSOFT CORP | Technology | 118.4K | $43.8M | 2.4% | -0.2% |
| GOOG ALPHABET INC-CL C | Technology | 102.2K | $29.3M | 1.6% | +0.3% |
| ARCC ARES CAPITAL CORP | — | 1.3M | $23.0M | 1.3% | +5.4% |
| JPM JPMORGAN CHASE & CO | Financials | 63.9K | $18.8M | 1.0% | -1.2% |
| AVGO BROADCOM INC | Technology | 54.3K | $16.8M | 0.9% | +4.4% |
| RTX RTX CORP | Industrials | 86.1K | $16.6M | 0.9% | -0.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 77.7K | $16.2M | 0.9% | +2.4% |
| HD HOME DEPOT INC | Consumer discretionary | 42.9K | $14.1M | 0.8% | -2.5% |
| NVDA NVIDIA CORP | Technology | 78.3K | $13.7M | 0.8% | -1.1% |
| GOOGL ALPHABET INC-CL A | Technology | 47.4K | $13.6M | 0.8% | -2.9% |
| CAT CATERPILLAR INC | Industrials | 18.4K | $13.0M | 0.7% | -5.9% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 8.9K | $11.7M | 0.6% | +13.3% |
| XOM EXXON MOBIL CORP | Energy | 65.8K | $11.2M | 0.6% | -5.9% |
| LLY ELI LILLY & CO | Healthcare | 11.2K | $10.3M | 0.6% | -7.1% |
| WEX WEX INC | Services media | 66.0K | $10.1M | 0.6% | Held |
| V VISA INC-CLASS A SHARES | Services media | 32.4K | $9.8M | 0.5% | -0.6% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 13 | $9.3M | 0.5% | Held |
| WMT WALMART INC | Consumer discretionary | 72.8K | $9.0M | 0.5% | -4.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 36.6K | $8.9M | 0.5% | -2.3% |
| BLK BLACKROCK INC | Financials | 8.9K | $8.6M | 0.5% | -0.6% |
| DE DEERE & CO | Industrials | 14.7K | $8.3M | 0.5% | +4.3% |
| NEE NEXTERA ENERGY INC | Utilities | 85.5K | $7.9M | 0.4% | -1.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 7.7K | $7.7M | 0.4% | +1.6% |
| UNH UNITEDHEALTH GROUP INC | Financials | 27.5K | $7.4M | 0.4% | +2.2% |
| UBER UBER TECHNOLOGIES INC | Services media | 90.1K | $6.5M | 0.4% | +0.6% |
| CVX CHEVRON CORP | Energy | 30.4K | $6.3M | 0.3% | -38.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 40.4K | $5.8M | 0.3% | -3.4% |
| STLD STEEL DYNAMICS INC | Industrials | 31.9K | $5.8M | 0.3% | -35.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 11.1K | $5.5M | 0.3% | +2.8% |
| CSCO CISCO SYSTEMS INC | Technology | 69.8K | $5.4M | 0.3% | -0.7% |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 48.2K | $5.4M | 0.3% | +13.1% |
| MRK MERCK & CO. INC. | Healthcare | 44.5K | $5.4M | 0.3% | -0.7% |
| MDT MEDTRONIC PLC | Healthcare | 60.5K | $5.2M | 0.3% | +182.0% |
| CRM SALESFORCE INC | Technology | 24.9K | $4.6M | 0.3% | +1.1% |
| PEP PEPSICO INC | Consumer staples | 29.4K | $4.6M | 0.3% | +1.0% |
| CHD CHURCH & DWIGHT CO INC | Other | 46.8K | $4.4M | 0.2% | -0.2% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 19.6K | $4.0M | 0.2% | -7.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 12.7K | $4.0M | 0.2% | -0.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 38.3K | $3.9M | 0.2% | -3.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 15.0K | $3.6M | 0.2% | -5.2% |
| MA MASTERCARD INC - A | Services media | 7.3K | $3.6M | 0.2% | -0.3% |
| ABBV ABBVIE INC | Healthcare | 16.3K | $3.5M | 0.2% | -5.9% |
| KMI KINDER MORGAN INC | Utilities | 103.9K | $3.5M | 0.2% | -10.0% |
| IDXX IDEXX LABORATORIES INC | Materials | 6.1K | $3.4M | 0.2% | -6.8% |
| MFC MANULIFE FINANCIAL CORP | Financials | 98.3K | $3.4M | 0.2% | -0.9% |
| EMR EMERSON ELECTRIC CO | Industrials | 25.2K | $3.3M | 0.2% | Held |
| GEHC GE HEALTHCARE TECHNOLOGY | Healthcare | 46.2K | $3.3M | 0.2% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 327 | $1.81B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 338 | $1.87B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 333 | $1.80B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 332 | $1.66B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 322 | $1.53B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 336 | $1.59B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 342 | $1.62B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 331 | $1.56B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 324 | $1.55B | canonical | SEC ↗ |