TCP Asset Management, LLC
Long book
$778.0M
Q1 2026
Positions
133
Top-10 weight
57%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsTCP Asset Management, LLC is a wealth-management firm allocating client money, running a $778.0M US long book across 133 positions.
The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, SS SPDR DOW JONES INDUS AVG, TOEWS AGILITY SHARES DYNAMIC, INVESCO QQQ TRUST SERIES 1, DIMENSIONAL US CORE EQUITY M.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 2 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
+2.9%
Q2 2024
+5.0%
Q3 2024
+1.2%
Q4 2024
-2.5%
Q1 2025
+9.1%
Q2 2025
+7.3%
Q3 2025
+2.6%
Q4 2025
-1.9%
Q1 2026
+10.6%
Sector allocation
Technology 38%
Energy 29%
Consumer discretionary 10%
Financials 7%
Utilities 6%
Industrials 4%
Healthcare 3%
Other 1%
Long book by quarter
What does TCP Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| XOM EXXON MOBIL CORP | Energy | 37.5K | $6.4M | 0.8% | +21.5% |
| AAPL APPLE INC | Technology | 13.5K | $3.4M | 0.4% | +17.8% |
| NVDA NVIDIA CORP | Technology | 12.6K | $2.2M | 0.3% | +8.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.7K | $1.2M | 0.2% | +45.6% |
| MSFT MICROSOFT CORP | Technology | 2.9K | $1.1M | 0.1% | +29.0% |
| AVGO BROADCOM INC | Technology | 3.4K | $1.0M | 0.1% | +0.1% |
| CVX CHEVRON CORP | Energy | 3.9K | $798K | 0.1% | -0.1% |
| WMT WALMART INC | Consumer discretionary | 6.4K | $797K | 0.1% | New |
| GOOG ALPHABET INC-CL C | Technology | 2.5K | $712K | 0.1% | +43.1% |
| XEL XCEL ENERGY INC | Utilities | 8.8K | $696K | 0.1% | New |
| CAT CATERPILLAR INC | Industrials | 845 | $599K | 0.1% | +35.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.2K | $558K | 0.1% | +2.8% |
| OGE OGE ENERGY CORP | Utilities | 10.4K | $499K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.5K | $432K | 0.1% | -40.8% |
| META META PLATFORMS INC-CLASS A | Technology | 734 | $420K | 0.1% | +14.3% |
| GOOGL ALPHABET INC-CL A | Technology | 1.4K | $397K | 0.1% | +32.4% |
| LLY ELI LILLY & CO | Healthcare | 423 | $389K | 0.1% | +18.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.1K | $305K | 0.0% | 0.0% |
| WFC WELLS FARGO & CO | Financials | 3.7K | $297K | 0.0% | New |
| NSC NORFOLK SOUTHERN CORP | Industrials | 1.0K | $290K | 0.0% | Held |
| OKE ONEOK INC | Utilities | 3.2K | $287K | 0.0% | +0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 10, 2026 | 133 | $778.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 7, 2026 | 111 | $593.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 7, 2025 | 113 | $560.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 93 | $504.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 89 | $447.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 91 | $453.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 90 | $433.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 75 | $395.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 80 | $378.4M | canonical | SEC ↗ |