STONEBRIDGE ADVISORS LLC

Fundamental diversified ★Signal CIK 1367441
Long book
$84.5M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+1.4%
SPY +14.8%
Turnover
60%
of book per quarter

Strategy in plain words

auto-generated from filings

STONEBRIDGE ADVISORS LLC is a diversified fundamental manager, running a $84.5M US long book across 2 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: WELLS FARGO & COMPANY, INVESCO PREFERRED ETF.

Over the last 9 quarters its long book ran on average 2.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.0%
Q2 2024
+7.6%
Q3 2024
-1.0%
Q4 2024
+0.9%
Q1 2025
+2.7%
Q2 2025
+4.0%
Q3 2025
+1.1%
Q4 2025
-1.3%
Q1 2026
+1.4%

Sector allocation

Other
100%

Long book by quarter

$164.4M
Q1 2024
$153.3M
Q2 2024
$149.3M
Q3 2024
$149.9M
Q4 2024
$146.0M
Q1 2025
$151.9M
Q2 2025
$144.2M
Q3 2025
$182.5M
Q4 2025
$84.5M
Q1 2026

What does STONEBRIDGE ADVISORS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
WFC 7.5 PERP L WELLS FARGO & COMPANY61.7K$71.2M84.3%-75.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 20262$84.5M canonicalSEC ↗
Q4 202513F-HRFeb 6, 20265$182.5M canonicalSEC ↗
Q3 202513F-HRNov 4, 20254$144.2M canonicalSEC ↗
Q2 202513F-HRAug 8, 20254$151.9M canonicalSEC ↗
Q1 202513F-HRMay 2, 20253$146.0M canonicalSEC ↗
Q4 202413F-HRFeb 12, 20254$149.9M canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTFeb 12, 20254$149.3M canonicalSEC ↗
Q3 202413F-HRNov 13, 20244$149.3M SEC ↗
Q2 202413F-HR/ARESTATEMENTSep 5, 20244$153.3M canonicalSEC ↗
Q2 202413F-HRJul 19, 20244$436.6M SEC ↗
Q1 202413F-HR/ARESTATEMENTSep 5, 20244$164.4M canonicalSEC ↗
Q1 202413F-HRApr 15, 20245$481.2M SEC ↗