Tandem Financial, LLC
Long book
$295.6M
Q1 2026
Positions
94
Top-10 weight
52%
concentration
Last quarter
+8.6%
SPY +14.8%
Turnover
60%
of book per quarter
Strategy in plain words
auto-generated from filingsTandem Financial, LLC is a wealth-management firm allocating client money, running a $295.6M US long book across 94 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD INTERMEDIATE-TERM B, VANECK GOLD MINERS ETF, VANGUARD FTSE DEVELOPED ETF, SCHWAB FNDMNTL EM MRK EQ ETF.
Over the last 6 quarters its long book ran on average 1.5pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
+1.3%
Q1 2025
+11.4%
Q2 2025
+12.4%
Q3 2025
+2.7%
Q4 2025
+0.2%
Q1 2026
+8.6%
Sector allocation
Technology 36%
Industrials 27%
Materials 13%
Consumer staples 12%
Energy 5%
Consumer discretionary 4%
Financials 2%
Healthcare 1%
Long book by quarter
What does Tandem Financial, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PWR QUANTA SERVICES INC | Industrials | 10.6K | $5.8M | 2.0% | New |
| MSFT MICROSOFT CORP | Technology | 7.3K | $2.7M | 0.9% | +43.9% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 14.2K | $2.4M | 0.8% | -20.2% |
| AAPL APPLE INC | Technology | 8.9K | $2.3M | 0.8% | +3.4% |
| MP MP MATERIALS CORP | Materials | 41.9K | $2.0M | 0.7% | -5.2% |
| GOOGL ALPHABET INC-CL A | Technology | 4.4K | $1.3M | 0.4% | +10.7% |
| NEM NEWMONT CORP | Materials | 10.1K | $1.1M | 0.4% | +65.3% |
| GOOG ALPHABET INC-CL C | Technology | 3.7K | $1.1M | 0.4% | +16.3% |
| NVDA NVIDIA CORP | Technology | 4.1K | $717K | 0.2% | -7.3% |
| CVX CHEVRON CORP | Energy | 3.2K | $664K | 0.2% | +127.6% |
| XOM EXXON MOBIL CORP | Energy | 3.5K | $596K | 0.2% | -10.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.7K | $556K | 0.2% | +43.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.1K | $545K | 0.2% | +139.1% |
| CARR CARRIER GLOBAL CORP | Industrials | 9.4K | $529K | 0.2% | -23.4% |
| MO ALTRIA GROUP INC | Consumer staples | 6.2K | $415K | 0.1% | -52.0% |
| ORCL ORACLE CORP | Technology | 2.3K | $335K | 0.1% | -8.3% |
| AVGO BROADCOM INC | Technology | 846 | $262K | 0.1% | New |
| WMT WALMART INC | Consumer discretionary | 2.1K | $259K | 0.1% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 260 | $259K | 0.1% | +18.2% |
| TSLA TESLA INC | Industrials | 572 | $213K | 0.1% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 869 | $212K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 98 | $314.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 49 | $83.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 89 | $268.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 50 | $107.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 50 | $92.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 84 | $94.5M | canonical | SEC ↗ |