Valpey Financial Services, LLC
Long book
$153.7M
Q1 2026
Positions
75
Top-10 weight
41%
concentration
Last quarter
+9.8%
SPY +14.8%
Turnover
4%
of book per quarter
Strategy in plain words
auto-generated from filingsValpey Financial Services, LLC is a wealth-management firm allocating client money, specialised in technology (66% of the long book), running a $153.7M US long book across 75 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD VALUE ETF, VANGUARD GROWTH ETF, SCHWAB US LARGE-CAP GROWTH, VANGUARD TOTAL INTL BOND ETF, SCHWAB US LARGE-CAP VALUE.
Over the last 4 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 1 of 4 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
Q2 2025
+5.5%
Q3 2025
+2.3%
Q4 2025
-0.5%
Q1 2026
+9.8%
Sector allocation
Technology 66%
Energy 15%
Financials 9%
Industrials 5%
Healthcare 5%
Long book by quarter
What does Valpey Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 2.5K | $909K | 0.6% | +15.6% |
| AAPL APPLE INC | Technology | 3.3K | $839K | 0.5% | New |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.9K | $709K | 0.5% | Held |
| XOM EXXON MOBIL CORP | Energy | 3.8K | $652K | 0.4% | -3.0% |
| JPM JPMORGAN CHASE & CO | Financials | 1.3K | $391K | 0.3% | -2.0% |
| GOOGL ALPHABET INC-CL A | Technology | 1.0K | $290K | 0.2% | -1.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 1.1K | $242K | 0.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 767 | $220K | 0.1% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 896 | $219K | 0.1% | New |