Tolleson Wealth Management, Inc.
Long book
$685.0M
Q1 2026
Positions
92
Top-10 weight
80%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
4%
of book per quarter
Strategy in plain words
auto-generated from filingsTolleson Wealth Management, Inc. is a wealth-management firm allocating client money, running a $685.0M US long book across 92 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: ISHARES US EQUITY FACTOR ETF, ISHARES INTERNATIONAL EQUITY, SS SPDR MSCI U STRATFACT ETF, ISHARES CORE S&P TOTAL U.S., VANGUARD RUSSELL 1000 GROWTH.
Over the last 9 quarters its long book ran on average 0.2pp 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
+1.9%
Q2 2024
+6.6%
Q3 2024
-0.9%
Q4 2024
-0.0%
Q1 2025
+9.5%
Q2 2025
+6.6%
Q3 2025
+2.3%
Q4 2025
-2.1%
Q1 2026
+18.6%
Sector allocation
Technology 36%
Financials 29%
Services media 14%
Consumer discretionary 7%
Industrials 6%
Utilities 4%
Real estate 1%
Healthcare 1%
Long book by quarter
What does Tolleson Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GLXY GALAXY DIGITAL INC-A | Financials | 175.0K | $3.2M | 0.5% | +20.7% |
| MA MASTERCARD INC - A | Services media | 5.4K | $2.7M | 0.4% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.7K | $2.3M | 0.3% | Held |
| NVDA NVIDIA CORP | Technology | 12.7K | $2.2M | 0.3% | +38.0% |
| AAPL APPLE INC | Technology | 7.7K | $2.0M | 0.3% | -0.3% |
| MSFT MICROSOFT CORP | Technology | 5.3K | $2.0M | 0.3% | -0.5% |
| USAC USA COMPRESSION PARTNERS LP | Utilities | 30.8K | $836K | 0.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.0K | $825K | 0.1% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 2.9K | $796K | 0.1% | -0.2% |
| DHI DR HORTON INC | Industrials | 4.9K | $673K | 0.1% | Held |
| SYY SYSCO CORP | Consumer discretionary | 7.9K | $564K | 0.1% | Held |
| ADBE ADOBE INC | Technology | 2.3K | $549K | 0.1% | Held |
| ADP AUTOMATIC DATA PROCESSING | Technology | 2.2K | $452K | 0.1% | Held |
| NTAP NETAPP INC | Technology | 4.3K | $438K | 0.1% | Held |
| V VISA INC-CLASS A SHARES | Services media | 1.4K | $437K | 0.1% | Held |
| CAT CATERPILLAR INC | Industrials | 600 | $425K | 0.1% | Held |
| INTU INTUIT INC | Technology | 969 | $419K | 0.1% | Held |
| AMG AFFILIATED MANAGERS GROUP | Financials | 1.3K | $365K | 0.1% | Held |
| SBUX STARBUCKS CORP | Consumer discretionary | 3.2K | $287K | 0.0% | Held |
| CBRE CBRE GROUP INC - A | Real estate | 2.0K | $271K | 0.0% | Held |
| OLED UNIVERSAL DISPLAY CORP | Technology | 2.5K | $229K | 0.0% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 2.2K | $222K | 0.0% | Held |
| BA BOEING CO/THE | Industrials | 1.1K | $219K | 0.0% | Held |
| EL ESTEE LAUDER COMPANIES-CL A | Other | 3.0K | $219K | 0.0% | Held |
| KRO KRONOS WORLDWIDE INC | Materials | 32.0K | $211K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Jul 28, 2026 | 92 | $685.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 92 | $692.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 90 | $646.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 28, 2025 | 84 | $585.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 84 | $585K | SEC ↗ | |
| Q1 2025 | 13F-HR/ARESTATEMENT | Aug 28, 2025 | 86 | $518.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 85 | $518K | SEC ↗ | |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 103 | $487.7M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 82 | $524.8M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 81 | $507.0M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 81 | $511.0M | $K fixed canonical | SEC ↗ |