SWP FINANCIAL LLC
Long book
$196.1M
Q1 2026
Positions
71
Top-10 weight
55%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsSWP FINANCIAL LLC is a wealth-management firm allocating client money, specialised in technology (64% of the long book), running a $196.1M US long book across 71 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD VALUE ETF, VANGUARD GROWTH ETF, ISHR CR UNVRSE USD BD ETF-UI, APPLE INC.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 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
+2.7%
Q2 2024
+6.5%
Q3 2024
+0.2%
Q4 2024
-2.3%
Q1 2025
+7.4%
Q2 2025
+7.3%
Q3 2025
+2.0%
Q4 2025
-2.3%
Q1 2026
+11.2%
Sector allocation
Technology 66%
Financials 9%
Utilities 8%
Healthcare 5%
Services media 4%
Other 3%
Industrials 2%
Consumer discretionary 2%
Long book by quarter
What does SWP FINANCIAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 35.5K | $9.0M | 4.6% | Held |
| SRE SEMPRA | Utilities | 15.3K | $1.5M | 0.8% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 1.4K | $827K | 0.4% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.7K | $796K | 0.4% | Held |
| TRMB TRIMBLE INC | Other | 8.9K | $581K | 0.3% | Held |
| QCOM QUALCOMM INC | Technology | 4.4K | $570K | 0.3% | Held |
| HALO HALOZYME THERAPEUTICS INC | Healthcare | 7.7K | $495K | 0.3% | Held |
| TTEK TETRA TECH INC | Services media | 13.8K | $417K | 0.2% | Held |
| NFLX NETFLIX INC | Services media | 3.8K | $365K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.2K | $356K | 0.2% | Held |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 756 | $349K | 0.2% | Held |
| GD GENERAL DYNAMICS CORP | Industrials | 893 | $306K | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 995 | $293K | 0.1% | Held |
| MSFT MICROSOFT CORP | Technology | 772 | $286K | 0.1% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 287 | $286K | 0.1% | Held |
| NVDA NVIDIA CORP | Technology | 1.6K | $284K | 0.1% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 1.0K | $278K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 878 | $252K | 0.1% | Held |
| ORCL ORACLE CORP | Technology | 1.6K | $241K | 0.1% | Held |
| WFC WELLS FARGO & CO | Financials | 2.7K | $214K | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.2K | $211K | 0.1% | Held |
| QS QUANTUMSCAPE CORP | Technology | 10.0K | $64K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 71 | $196.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 73 | $199.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 74 | $196.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 75 | $182.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 63 | $163.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 67 | $165.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 55 | $163.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 50 | $151.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 48 | $142.8M | canonical | SEC ↗ |