Vermillion Wealth Management, Inc.
Long book
$251.2M
Q1 2026
Positions
1562
Top-10 weight
63%
concentration
Last quarter
+10.3%
SPY +14.8%
Turnover
62%
of book per quarter
Strategy in plain words
auto-generated from filingsVermillion Wealth Management, Inc. is a wealth-management firm allocating client money, running a $251.2M US long book across 1562 positions.
The portfolio is concentrated: the top 10 names carry 63% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: DIMENSIONAL US EQ MKT ETF, VANGUARD TOTAL BOND MARKET, DIMENSIONAL CORE FIXED INC, DIMSNL INTR CF IN ETF-USD IN, DIMENSIONAL INTERNATIONAL CO.
Over the last 6 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
-0.5%
Q1 2025
+5.2%
Q2 2025
+6.3%
Q3 2025
+2.1%
Q4 2025
-1.0%
Q1 2026
+10.3%
Sector allocation
Financials 24%
Technology 22%
Industrials 14%
Healthcare 12%
Consumer discretionary 9%
Utilities 7%
Energy 4%
Consumer staples 3%
Long book by quarter
What does Vermillion Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.7K | $7.5M | 3.0% | -3.7% |
| LLY ELI LILLY & CO | Healthcare | 3.4K | $3.1M | 1.2% | +6.6% |
| AAPL APPLE INC | Technology | 10.8K | $2.8M | 1.1% | +7.3% |
| NVDA NVIDIA CORP | Technology | 13.8K | $2.4M | 1.0% | +10.2% |
| CAT CATERPILLAR INC | Industrials | 2.9K | $2.1M | 0.8% | -0.2% |
| XEL XCEL ENERGY INC | Utilities | 16.3K | $1.3M | 0.5% | +0.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.2K | $1.3M | 0.5% | +15.7% |
| WMT WALMART INC | Consumer discretionary | 8.4K | $1.0M | 0.4% | +10.3% |
| MSFT MICROSOFT CORP | Technology | 2.4K | $889K | 0.4% | +22.3% |
| TSLA TESLA INC | Industrials | 2.0K | $748K | 0.3% | +10.7% |
| WFC WELLS FARGO & CO | Financials | 8.5K | $678K | 0.3% | +0.4% |
| XOM EXXON MOBIL CORP | Energy | 3.7K | $631K | 0.3% | +9.9% |
| HRL HORMEL FOODS CORP | Consumer staples | 26.3K | $596K | 0.2% | +1.4% |
| DE DEERE & CO | Industrials | 1.0K | $587K | 0.2% | +2.0% |
| CVX CHEVRON CORP | Energy | 2.7K | $549K | 0.2% | +14.9% |
| GOOGL ALPHABET INC-CL A | Technology | 1.9K | $547K | 0.2% | +25.8% |
| ECL ECOLAB INC | Other | 1.8K | $472K | 0.2% | +1.1% |
| META META PLATFORMS INC-CLASS A | Technology | 798 | $457K | 0.2% | +5.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 449 | $448K | 0.2% | -16.7% |
| ORCL ORACLE CORP | Technology | 2.5K | $369K | 0.1% | +3.8% |
| BA BOEING CO/THE | Industrials | 1.8K | $359K | 0.1% | +3.9% |
| COP CONOCOPHILLIPS | Energy | 2.5K | $328K | 0.1% | +1.3% |
| FAST FASTENAL CO | Consumer discretionary | 7.1K | $327K | 0.1% | +6.0% |
| USB US BANCORP | Financials | 6.3K | $327K | 0.1% | +2.6% |
| GEV GE VERNOVA INC | Industrials | 373 | $326K | 0.1% | +26.4% |
| TRV TRAVELERS COS INC/THE | Financials | 1.0K | $305K | 0.1% | +2.2% |
| MDT MEDTRONIC PLC | Healthcare | 3.5K | $302K | 0.1% | +2.1% |
| SO SOUTHERN CO/THE | Utilities | 3.1K | $299K | 0.1% | +1.8% |
| JPM JPMORGAN CHASE & CO | Financials | 997 | $293K | 0.1% | +23.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.2K | $292K | 0.1% | +15.8% |
| LMT LOCKHEED MARTIN CORP | Industrials | 476 | $288K | 0.1% | +3.0% |
| V VISA INC-CLASS A SHARES | Services media | 946 | $286K | 0.1% | +14.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 272 | $230K | 0.1% | +18.3% |
| GOOG ALPHABET INC-CL C | Technology | 768 | $220K | 0.1% | +71.4% |
| C CITIGROUP INC | Financials | 1.9K | $215K | 0.1% | +5.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.4K | $205K | 0.1% | +10.0% |
| WM WASTE MANAGEMENT INC | Utilities | 820 | $189K | 0.1% | +19.2% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 4.9K | $184K | 0.1% | 0.0% |
| MRK MERCK & CO. INC. | Healthcare | 1.5K | $180K | 0.1% | +11.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 1563 | $254.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 623 | $246.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 1535 | $370.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 532 | $209.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 1341 | $340.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 21, 2025 | 551 | $195.3M | canonical | SEC ↗ |