Towercrest Capital Management
Long book
$641.8M
Q1 2026
Positions
103
Top-10 weight
55%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsTowercrest Capital Management is a wealth-management firm allocating client money, running a $641.8M US long book across 103 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, SCHWAB US LARGE-CAP ETF, ISHARES CORE U.S. AGGREGATE, ISHR IBX USD HIYLD CB ETF-UI, ISHR IBX USD INVGD CB ETF-UI.
Over the last 9 quarters its long book ran on average 1.3pp 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
+5.9%
Q3 2024
-0.7%
Q4 2024
-1.0%
Q1 2025
+6.4%
Q2 2025
+5.8%
Q3 2025
+2.2%
Q4 2025
-0.9%
Q1 2026
+8.9%
Sector allocation
Technology 46%
Other 13%
Healthcare 8%
Consumer discretionary 8%
Financials 8%
Services media 4%
Industrials 3%
Consumer staples 3%
Long book by quarter
What does Towercrest Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 34.1K | $8.7M | 1.3% | +2.3% |
| CL COLGATE-PALMOLIVE CO | Other | 63.9K | $5.4M | 0.8% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 7.0K | $2.6M | 0.4% | -2.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.4K | $1.8M | 0.3% | +0.4% |
| GOOG ALPHABET INC-CL C | Technology | 5.9K | $1.7M | 0.3% | -2.8% |
| NVDA NVIDIA CORP | Technology | 8.7K | $1.5M | 0.2% | +1.4% |
| JPM JPMORGAN CHASE & CO | Financials | 4.2K | $1.2M | 0.2% | +0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 4.3K | $1.2M | 0.2% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 2.0K | $1.1M | 0.2% | +2.0% |
| MRK MERCK & CO. INC. | Healthcare | 9.2K | $1.1M | 0.2% | -0.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.9K | $1.0M | 0.2% | -4.6% |
| V VISA INC-CLASS A SHARES | Services media | 2.8K | $845K | 0.1% | Held |
| T AT&T INC | Communications | 28.9K | $837K | 0.1% | -1.7% |
| HD HOME DEPOT INC | Consumer discretionary | 2.5K | $817K | 0.1% | +29.1% |
| CSCO CISCO SYSTEMS INC | Technology | 10.4K | $806K | 0.1% | Held |
| COKE COCA-COLA CONSOLIDATED INC | Consumer staples | 9.2K | $703K | 0.1% | Held |
| BAC BANK OF AMERICA CORP | Financials | 12.9K | $628K | 0.1% | Held |
| SBUX STARBUCKS CORP | Consumer discretionary | 6.8K | $605K | 0.1% | New |
| CVX CHEVRON CORP | Energy | 2.7K | $553K | 0.1% | +7.0% |
| WMT WALMART INC | Consumer discretionary | 4.4K | $541K | 0.1% | +4.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.2K | $530K | 0.1% | +2.3% |
| NEE NEXTERA ENERGY INC | Utilities | 5.0K | $466K | 0.1% | +0.4% |
| AVGO BROADCOM INC | Technology | 1.5K | $466K | 0.1% | +8.2% |
| LIN LINDE PLC | Materials | 893 | $443K | 0.1% | Held |
| ORCL ORACLE CORP | Technology | 2.6K | $390K | 0.1% | +6.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 385 | $383K | 0.1% | +5.5% |
| TT TRANE TECHNOLOGIES PLC | Technology | 871 | $363K | 0.1% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 709 | $340K | 0.1% | +1.4% |
| NFLX NETFLIX INC | Services media | 3.5K | $336K | 0.1% | +2.0% |
| C CITIGROUP INC | Financials | 2.9K | $333K | 0.1% | Held |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 2.6K | $305K | 0.0% | Held |
| VZ VERIZON COMMUNICATIONS INC | Communications | 6.0K | $299K | 0.0% | +3.5% |
| PEG PUBLIC SERVICE ENTERPRISE GP | Utilities | 3.7K | $296K | 0.0% | Held |
| LLY ELI LILLY & CO | Healthcare | 319 | $293K | 0.0% | +8.5% |
| GE GENERAL ELECTRIC CO | Industrials | 1.0K | $290K | 0.0% | +19.3% |
| TSLA TESLA INC | Industrials | 758 | $282K | 0.0% | -5.0% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 3.9K | $259K | 0.0% | Held |
| GEV GE VERNOVA INC | Industrials | 275 | $240K | 0.0% | New |
| HSY HERSHEY CO/THE | Consumer staples | 1.1K | $229K | 0.0% | Held |
| RTX RTX CORP | Industrials | 1.2K | $226K | 0.0% | New |
| DIS WALT DISNEY CO/THE | Services media | 2.3K | $220K | 0.0% | Held |
| MMM 3M CO | Healthcare | 1.5K | $220K | 0.0% | New |
| FDX FEDEX CORP | Industrials | 611 | $218K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 103 | $641.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 98 | $634.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 99 | $623.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 89 | $560.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 88 | $526.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 103 | $618.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 101 | $620.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 107 | $607.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 107 | $592.8M | canonical | SEC ↗ |