Triad Investment Management
Long book
$84.7M
Q1 2026
Positions
36
Top-10 weight
53%
concentration
Last quarter
+9.4%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsTriad Investment Management is a concentrated fundamental stock-picker, running a $84.7M US long book across 36 positions.
The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, WHITE MOUNTAINS INSURANCE GP, ROPER TECHNOLOGIES INC, BROWN & BROWN INC, VISA INC-CLASS A SHARES.
We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-7.4%
Q4 2025
-10.0%
Q1 2026
+9.4%
Sector allocation
Technology 28%
Services media 22%
Financials 19%
Industrials 13%
Other 9%
Consumer discretionary 6%
Healthcare 1%
Communications 1%
Long book by quarter
What does Triad Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 20.0K | $5.7M | 6.8% | -3.0% |
| WTM WHITE MOUNTAINS INSURANCE GP | Financials | 2.5K | $5.5M | 6.5% | -1.4% |
| ROP ROPER TECHNOLOGIES INC | Technology | 13.8K | $4.9M | 5.8% | +13.5% |
| BRO BROWN & BROWN INC | Financials | 70.9K | $4.6M | 5.5% | +31.0% |
| V VISA INC-CLASS A SHARES | Services media | 14.3K | $4.3M | 5.1% | +12.7% |
| DHR DANAHER CORP | Technology | 21.7K | $4.1M | 4.9% | +1.0% |
| THO THOR INDUSTRIES INC | Industrials | 46.8K | $3.7M | 4.4% | +12.4% |
| IT GARTNER INC | Services media | 23.6K | $3.7M | 4.4% | +116.4% |
| MAX MEDIAALPHA INC-CLASS A | Services media | 333.9K | $3.1M | 3.7% | +21.2% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 2.4K | $3.1M | 3.7% | -22.7% |
| CDW CDW CORP/DE | Consumer discretionary | 25.4K | $3.1M | 3.6% | +17.6% |
| FISV FISERV INC | Services media | 52.0K | $2.9M | 3.4% | +448.1% |
| INTU INTUIT INC | Technology | 6.1K | $2.7M | 3.1% | +61.8% |
| HEI/A HEICO CORP-CLASS A | Industrials | 12.1K | $2.6M | 3.0% | -3.2% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 12.2K | $2.4M | 2.8% | -3.4% |
| OCSL OAKTREE SPECIALTY LENDING CO | — | 197.3K | $2.2M | 2.6% | -1.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.9K | $1.9M | 2.2% | Held |
| SLRC SLR INVESTMENT CORP | — | 125.8K | $1.8M | 2.1% | +0.8% |
| SPGI S&P GLOBAL INC | Services media | 3.6K | $1.5M | 1.8% | +552.1% |
| HTGC HERCULES CAPITAL INC | — | 104.6K | $1.5M | 1.8% | +0.5% |
| AXP AMERICAN EXPRESS CO | Financials | 4.3K | $1.3M | 1.5% | -47.2% |
| WSO WATSCO INC | Consumer discretionary | 2.4K | $889K | 1.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.0K | $737K | 0.9% | -40.5% |
| ARCC ARES CAPITAL CORP | — | 29.5K | $531K | 0.6% | Held |
| TSLX SIXTH STREET SPECIALTY LENDI | — | 26.6K | $489K | 0.6% | Held |
| MSFT MICROSOFT CORP | Technology | 1.1K | $422K | 0.5% | Held |
| WBD WARNER BROS DISCOVERY INC | Communications | 12.0K | $330K | 0.4% | -96.3% |
| CBRE CBRE GROUP INC - A | Real estate | 2.4K | $319K | 0.4% | -77.0% |
| SIRI SIRIUS XM HOLDINGS INC | Communications | 13.1K | $302K | 0.4% | Held |
| MRK MERCK & CO. INC. | Healthcare | 2.2K | $268K | 0.3% | Held |
13F filing history
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