TL Private Wealth
Long book
$253.4M
Q1 2026
Positions
44
Top-10 weight
92%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
4%
of book per quarter
Strategy in plain words
auto-generated from filingsTL Private Wealth is a wealth-management firm allocating client money, running a $253.4M US long book across 44 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, VANGUARD MID-CAP ETF, FIRST TRUST SENIOR LOAN ETF, VANGUARD FTSE ALL-WORLD EX-U.
Over the last 9 quarters its long book ran on average 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
+1.7%
Q2 2024
+6.1%
Q3 2024
+0.5%
Q4 2024
-1.4%
Q1 2025
+7.8%
Q2 2025
+5.9%
Q3 2025
+1.8%
Q4 2025
-1.6%
Q1 2026
+10.2%
Sector allocation
Industrials 32%
Technology 27%
Healthcare 14%
Consumer discretionary 12%
Financials 11%
Consumer staples 4%
Long book by quarter
What does TL Private own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| LMT LOCKHEED MARTIN CORP | Industrials | 1.8K | $1.1M | 0.4% | -2.8% |
| AAPL APPLE INC | Technology | 3.5K | $905K | 0.4% | -2.8% |
| MSFT MICROSOFT CORP | Technology | 1.7K | $620K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.7K | $541K | 0.2% | +0.1% |
| LLY ELI LILLY & CO | Healthcare | 573 | $538K | 0.2% | -8.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.2K | $536K | 0.2% | +0.1% |
| PH PARKER HANNIFIN CORP | Industrials | 500 | $492K | 0.2% | -9.1% |
| WMT WALMART INC | Consumer discretionary | 3.6K | $457K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.8K | $435K | 0.2% | -5.2% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 1.8K | $423K | 0.2% | Held |
| ETN EATON CORP PLC | Industrials | 900 | $363K | 0.1% | Held |
| ADM ARCHER-DANIELS-MIDLAND CO | Consumer staples | 5.0K | $349K | 0.1% | Held |
| EMR EMERSON ELECTRIC CO | Industrials | 2.2K | $316K | 0.1% | Held |
| CAT CATERPILLAR INC | Industrials | 400 | $316K | 0.1% | Held |
| BAC BANK OF AMERICA CORP | Financials | 5.2K | $275K | 0.1% | -5.4% |
| TXN TEXAS INSTRUMENTS INC | Technology | 1.2K | $261K | 0.1% | Held |
| C CITIGROUP INC | Financials | 2.1K | $255K | 0.1% | Held |
| MSTR STRATEGY INC | Financials | 1.9K | $239K | 0.1% | Held |
| TROW T ROWE PRICE GROUP INC | Financials | 2.5K | $229K | 0.1% | Held |
| GPC GENUINE PARTS CO | Consumer discretionary | 2.1K | $226K | 0.1% | Held |
| ORCL ORACLE CORP | Technology | 1.6K | $225K | 0.1% | -5.1% |
| MDT MEDTRONIC PLC | Healthcare | 2.5K | $220K | 0.1% | +0.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 44 | $253.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 46 | $265.2M | SEC ↗ | |
| Q4 2025 | 13F-HR/ARESTATEMENT | Jan 12, 2026 | 46 | $259.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 14, 2025 | 43 | $254.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 8, 2025 | 45 | $240.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 9, 2025 | 41 | $201.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 43 | $223.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 44 | $223.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 44 | $221.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 10, 2024 | 41 | $202.5M | canonical | SEC ↗ |