Trellis Wealth Advisors LLC
Long book
$262.8M
Q1 2026
Positions
47
Top-10 weight
86%
concentration
Last quarter
+10.1%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsTrellis Wealth Advisors LLC is a wealth-management firm allocating client money, running a $262.8M US long book across 47 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL WORLD EX US CORE, DIMENSIONAL US CORE EQUITY 2, VANGUARD TOTAL STOCK MKT ETF, AVANTIS U.S. EQUITY ETF, AVANTIS INTERNATIONAL EQUITY.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 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
+1.5%
Q2 2024
+6.4%
Q3 2024
-2.0%
Q4 2024
+0.2%
Q1 2025
+9.9%
Q2 2025
+7.0%
Q3 2025
+3.3%
Q4 2025
+0.3%
Q1 2026
+10.1%
Sector allocation
Consumer discretionary 44%
Technology 38%
Consumer staples 7%
Financials 5%
Other 3%
Energy 2%
Long book by quarter
What does Trellis Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 20.7K | $4.3M | 1.6% | New |
| MSFT MICROSOFT CORP | Technology | 2.6K | $978K | 0.4% | +14.1% |
| PEP PEPSICO INC | Consumer staples | 4.8K | $748K | 0.3% | -12.4% |
| AAPL APPLE INC | Technology | 2.7K | $687K | 0.3% | -34.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 4.2K | $621K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 3.5K | $615K | 0.2% | +76.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.1K | $534K | 0.2% | +35.0% |
| GOOG ALPHABET INC-CL C | Technology | 1.4K | $390K | 0.1% | +23.6% |
| NBIS NEBIUS GROUP NV | Technology | 3.7K | $382K | 0.1% | +43.6% |
| GOOGL ALPHABET INC-CL A | Technology | 1.2K | $339K | 0.1% | +22.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.3K | $336K | 0.1% | +0.2% |
| YUM YUM! BRANDS INC | Consumer discretionary | 2.0K | $311K | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.5K | $260K | 0.1% | New |
| BIRD SMARTBIRD INC | Other | 10.7K | $32K | 0.0% | New |
| BLND BLEND LABS INC-A | Technology | 10.9K | $19K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 47 | $262.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 44 | $255.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 38 | $245.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 21, 2025 | 37 | $229.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 35 | $206.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 33 | $198.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 30 | $199.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 30 | $182.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 25 | $177.0M | canonical | SEC ↗ |