UNITED CAPITAL FINANCIAL ADVISORS, LLC
Long book
$16.22B
Q1 2026
Positions
1623
Top-10 weight
30%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
21%
of book per quarter
Strategy in plain words
auto-generated from filingsUNITED CAPITAL FINANCIAL ADVISORS, LLC is a wealth-management firm allocating client money, running a $16.22B US long book across 1623 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE S&P 500 ETF, SS SPDR S&P 500 ETF TRUST-US, ISHARES CORE MSCI EAFE ETF, APPLE INC.
Over the last 9 quarters its long book ran on average 1pp 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
+2.3%
Q2 2024
+6.1%
Q3 2024
-0.0%
Q4 2024
-1.8%
Q1 2025
+7.9%
Q2 2025
+6.1%
Q3 2025
+2.9%
Q4 2025
-3.7%
Q1 2026
+11.8%
Sector allocation
Technology 37%
Healthcare 13%
Industrials 12%
Financials 11%
Consumer discretionary 9%
Services media 6%
Other 3%
Energy 3%
Long book by quarter
What does UNITED CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 1.8M | $447.3M | 2.8% | -1.3% |
| NVDA NVIDIA CORP | Technology | 2.1M | $373.6M | 2.3% | +9.0% |
| RGEN REPLIGEN CORP | Healthcare | 2.8M | $326.8M | 2.0% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 774.5K | $286.7M | 1.8% | +2.5% |
| GOOGL ALPHABET INC-CL A | Technology | 791.0K | $227.5M | 1.4% | -6.2% |
| GOOG ALPHABET INC-CL C | Technology | 508.6K | $145.9M | 0.9% | -4.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 670.4K | $139.6M | 0.9% | +0.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 268.0K | $128.4M | 0.8% | +1.2% |
| JPM JPMORGAN CHASE & CO | Financials | 370.8K | $109.1M | 0.7% | -1.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 366.3K | $89.5M | 0.6% | -2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 156.0K | $89.2M | 0.6% | -0.5% |
| V VISA INC-CLASS A SHARES | Services media | 279.9K | $84.6M | 0.5% | +6.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 80.7K | $80.4M | 0.5% | -3.2% |
| AVGO BROADCOM INC | Technology | 233.3K | $72.2M | 0.4% | +16.2% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 47.6K | $62.9M | 0.4% | -10.3% |
| DIS WALT DISNEY CO/THE | Services media | 638.5K | $61.5M | 0.4% | +3.6% |
| CSCO CISCO SYSTEMS INC | Technology | 762.0K | $59.1M | 0.4% | -1.3% |
| LLY ELI LILLY & CO | Healthcare | 60.6K | $55.7M | 0.3% | +0.4% |
| ABBV ABBVIE INC | Healthcare | 255.4K | $55.5M | 0.3% | +1.1% |
| CVX CHEVRON CORP | Energy | 258.0K | $53.4M | 0.3% | +0.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 355.0K | $51.3M | 0.3% | +24.1% |
| XOM EXXON MOBIL CORP | Energy | 297.4K | $50.5M | 0.3% | +3.9% |
| SBUX STARBUCKS CORP | Consumer discretionary | 561.5K | $50.3M | 0.3% | -5.4% |
| HD HOME DEPOT INC | Consumer discretionary | 141.2K | $46.4M | 0.3% | -4.3% |
| MDT MEDTRONIC PLC | Healthcare | 522.5K | $45.3M | 0.3% | +3.5% |
| QCOM QUALCOMM INC | Technology | 345.2K | $44.5M | 0.3% | -3.4% |
| PEP PEPSICO INC | Consumer staples | 271.1K | $42.1M | 0.3% | -0.6% |
| TSLA TESLA INC | Industrials | 112.5K | $41.8M | 0.3% | -1.0% |
| RTX RTX CORP | Industrials | 210.4K | $40.6M | 0.3% | -8.9% |
| WMT WALMART INC | Consumer discretionary | 313.8K | $39.0M | 0.2% | -21.0% |
| AXP AMERICAN EXPRESS CO | Financials | 127.7K | $38.6M | 0.2% | -2.3% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 79.7K | $36.7M | 0.2% | +2.3% |
| LOW LOWE'S COS INC | Consumer discretionary | 151.9K | $35.9M | 0.2% | -1.2% |
| NFLX NETFLIX INC | Services media | 364.1K | $35.0M | 0.2% | +57.1% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 148.1K | $33.5M | 0.2% | +14.0% |
| SPGI S&P GLOBAL INC | Services media | 77.8K | $33.1M | 0.2% | -12.0% |
| MA MASTERCARD INC - A | Services media | 64.3K | $32.1M | 0.2% | -7.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1632 | $16.26B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1370 | $16.61B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1203 | $13.93B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 1098 | $12.40B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 1063 | $11.69B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 1059 | $11.85B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 1060 | $12.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 1030 | $11.64B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1077 | $12.14B | canonical | SEC ↗ |