Stordahl Capital Management, Inc.
Long book
$485.5M
Q1 2026
Positions
63
Top-10 weight
80%
concentration
Last quarter
+10.8%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsStordahl Capital Management, Inc. is a wealth-management firm allocating client money, running a $485.5M US long book across 63 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: VANGUARD S&P 500 ETF, DIMENSIONAL US SMALL CAP ETF, VANGUARD S&P 500 VALUE ETF, DIMENSIONAL INTERNATIONAL CO, VANGUARD TOTAL BOND MARKET.
Over the last 9 quarters its long book ran on average 0.9pp 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
+0.7%
Q2 2024
+6.5%
Q3 2024
-0.6%
Q4 2024
-2.5%
Q1 2025
+7.8%
Q2 2025
+6.6%
Q3 2025
+2.7%
Q4 2025
-0.1%
Q1 2026
+10.8%
Sector allocation
Technology 45%
Consumer discretionary 29%
Industrials 11%
Healthcare 8%
Financials 7%
Long book by quarter
What does Stordahl Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 3.8K | $1.4M | 0.3% | -0.5% |
| AAPL APPLE INC | Technology | 4.6K | $1.2M | 0.2% | -3.3% |
| RTX RTX CORP | Industrials | 3.8K | $734K | 0.2% | New |
| WMT WALMART INC | Consumer discretionary | 4.7K | $584K | 0.1% | -4.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.7K | $564K | 0.1% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 435 | $433K | 0.1% | Held |
| SBUX STARBUCKS CORP | Consumer discretionary | 4.7K | $425K | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 355 | $327K | 0.1% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 516 | $295K | 0.1% | -1.0% |
| GOOG ALPHABET INC-CL C | Technology | 1.0K | $294K | 0.1% | -3.7% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 2.2K | $266K | 0.1% | Held |
| OMER OMEROS CORP | Healthcare | 22.9K | $241K | 0.0% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 488 | $234K | 0.0% | -29.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 63 | $485.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 63 | $485.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 63 | $476.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 64 | $450.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 57 | $421.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 61 | $422.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 51 | $420.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 51 | $399.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 57 | $399.3M | canonical | SEC ↗ |