Thayer Financial, L.L.C.
Long book
$98.0M
Q1 2026
Positions
33
Top-10 weight
83%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsThayer Financial, L.L.C. is a wealth-management firm allocating client money, running a $98.0M 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 GROWTH ETF, VANGUARD VALUE ETF, DIMENSIONAL INTERNATIONAL CO, CAP GROUP SHORT DURATION, CAP GROUP US MULTI-SECT BOND.
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 2025
-0.5%
Q1 2026
+10.5%
Sector allocation
Technology 32%
Utilities 30%
Consumer discretionary 28%
Industrials 11%