Steele Capital Management, Inc.
Long book
$2.41B
Q1 2026
Positions
86
Top-10 weight
57%
concentration
Last quarter
+11.6%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsSteele Capital Management, Inc. is a wealth-management firm allocating client money, running a $2.41B US long book across 86 positions.
The portfolio is concentrated: the top 10 names carry 57% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, SCHWAB FNDMNTL US LRG CO ETF, SCHWAB INTL EQUITY ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD S&P 500 ETF.
Over the last 9 quarters its long book ran on average 0.6pp 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
+1.5%
Q2 2024
+6.6%
Q3 2024
-0.6%
Q4 2024
-1.6%
Q1 2025
+7.8%
Q2 2025
+7.1%
Q3 2025
+2.7%
Q4 2025
-0.5%
Q1 2026
+11.6%
Sector allocation
Technology 56%
Financials 20%
Consumer discretionary 11%
Industrials 5%
Healthcare 2%
Energy 2%
Consumer staples 2%
Services media 1%
Long book by quarter
What does Steele Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 136.1K | $34.5M | 1.4% | +4.6% |
| NVDA NVIDIA CORP | Technology | 116.3K | $20.3M | 0.8% | -0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 38.8K | $18.6M | 0.8% | +16.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 62.2K | $13.0M | 0.5% | -3.9% |
| DE DEERE & CO | Industrials | 10.0K | $5.7M | 0.2% | -3.8% |
| MSFT MICROSOFT CORP | Technology | 13.6K | $5.0M | 0.2% | -4.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 25.8K | $3.8M | 0.2% | -7.8% |
| GOOG ALPHABET INC-CL C | Technology | 10.1K | $2.9M | 0.1% | -3.0% |
| ABBV ABBVIE INC | Healthcare | 12.8K | $2.8M | 0.1% | -2.9% |
| XOM EXXON MOBIL CORP | Energy | 16.0K | $2.7M | 0.1% | +0.4% |
| DAR DARLING INGREDIENTS INC | Consumer staples | 37.5K | $2.3M | 0.1% | Held |
| NIC NICOLET BANKSHARES INC | Financials | 11.7K | $1.7M | 0.1% | New |
| UMBF UMB FINANCIAL CORP | Financials | 12.4K | $1.4M | 0.1% | 0.0% |
| NFLX NETFLIX INC | Services media | 11.4K | $1.1M | 0.0% | 0.0% |
| RNST RENASANT CORP | Financials | 27.0K | $976K | 0.0% | -19.6% |
| BAC BANK OF AMERICA CORP | Financials | 18.5K | $901K | 0.0% | -5.4% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 22.8K | $864K | 0.0% | Held |
| T AT&T INC | Communications | 12.8K | $371K | 0.0% | -9.8% |
| F FORD MOTOR CO | Industrials | 21.2K | $244K | 0.0% | Held |
| CPNG COUPANG INC | Consumer discretionary | 11.1K | $210K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 86 | $2.41B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 79 | $2.33B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 82 | $2.25B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 80 | $2.08B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 16, 2025 | 79 | $1.92B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 77 | $1.92B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 75 | $1.91B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 177 | $1.79B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 177 | $1.74B | canonical | SEC ↗ |