Tenret Co LLC

Wealth advisor Mechanical financials specialist (62%) CIK 1874146
League rank
#2331
in Wealth advisor · #5621 overall
Long book
$207.0M
Q1 2026
Positions
33
Top-10 weight
76%
concentration
Last quarter
+9.4%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Tenret Co LLC is a wealth-management firm allocating client money, specialised in financials (62% of the long book), running a $207.0M US long book across 33 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 FTSE DEVELOPED ETF, SCHWAB US AGGREGATE BOND ETF, VANGUARD VALUE ETF, VANGUARD GROWTH ETF, VANGUARD TOTAL INTL BOND ETF.

Over the last 9 quarters its long book ran on average 1.1pp 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
+0.9%
Q2 2024
+6.4%
Q3 2024
-1.6%
Q4 2024
-0.1%
Q1 2025
+7.9%
Q2 2025
+5.6%
Q3 2025
+2.4%
Q4 2025
-0.5%
Q1 2026
+9.4%

Sector allocation

Financials
62%
Energy
38%

Long book by quarter

$141.8M
Q1 2024
$144.4M
Q2 2024
$159.0M
Q3 2024
$158.8M
Q4 2024
$164.9M
Q1 2025
$183.3M
Q2 2025
$193.2M
Q3 2025
$197.5M
Q4 2025
$207.0M
Q1 2026

What does Tenret Co own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.3%Held
XOM EXXON MOBIL CORPEnergy2.6K$438K0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 27, 202633$207.0M canonicalSEC ↗
Q4 202513F-HRMay 27, 202633$197.5M canonicalSEC ↗
Q3 202513F-HRMay 27, 202635$193.2M canonicalSEC ↗
Q2 202513F-HRJul 16, 202536$183.3M canonicalSEC ↗
Q1 202513F-HRMay 20, 202534$164.9M canonicalSEC ↗
Q4 202413F-HRFeb 4, 202534$158.8M canonicalSEC ↗
Q3 202413F-HRNov 14, 202433$159.0M canonicalSEC ↗
Q2 202413F-HRJul 29, 202432$144.4M canonicalSEC ↗
Q1 202413F-HRApr 24, 202430$141.8M canonicalSEC ↗