Walker Asset Management, LLC

Fundamental diversified ★Signal CIK 1923053
League rank
#842
in Fundamental diversified · #6963 overall
Long book
$184.9M
Q1 2026
Positions
145
Top-10 weight
53%
concentration
Last quarter
+5.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Walker Asset Management, LLC is a diversified fundamental manager, running a $184.9M US long book across 145 positions.

The portfolio is concentrated: the top 10 names carry 53% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: JACK HENRY & ASSOCIATES INC, WALMART INC, O'REILLY AUTOMOTIVE INC, NVIDIA CORP, APPLE INC.

Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.0%
Q2 2024
+7.6%
Q3 2024
+1.9%
Q4 2024
+0.8%
Q1 2025
+4.7%
Q2 2025
+3.3%
Q3 2025
+4.8%
Q4 2025
-1.4%
Q1 2026
+5.7%

Sector allocation

Technology
42%
Consumer discretionary
26%
Industrials
10%
Utilities
5%
Financials
4%
Energy
4%
Healthcare
3%
Consumer staples
3%

Long book by quarter

$151.3M
Q1 2024
$148.5M
Q2 2024
$161.2M
Q3 2024
$162.6M
Q4 2024
$164.5M
Q1 2025
$173.3M
Q2 2025
$178.4M
Q3 2025
$186.1M
Q4 2025
$184.9M
Q1 2026

What does Walker Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
JKHY JACK HENRY & ASSOCIATES INCTechnology233.6K$36.9M20.0%+2.5%
WMT WALMART INCConsumer discretionary130.8K$16.3M8.8%+0.1%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary147.0K$13.6M7.3%-0.1%
NVDA NVIDIA CORPTechnology33.8K$5.9M3.2%+0.2%
AAPL APPLE INCTechnology20.7K$5.3M2.8%-9.7%
MSFT MICROSOFT CORPTechnology12.2K$4.5M2.4%+1.7%
TSLA TESLA INCIndustrials11.3K$4.2M2.3%+0.2%
XOM EXXON MOBIL CORPEnergy14.6K$2.5M1.3%-7.2%
CVX CHEVRON CORPEnergy10.9K$2.3M1.2%-0.5%
SBUX STARBUCKS CORPConsumer discretionary22.7K$2.0M1.1%-0.1%
AMZN AMAZON.COM INCConsumer discretionary8.9K$1.8M1.0%-3.0%
PG PROCTER & GAMBLE CO/THEOther10.9K$1.6M0.9%-1.0%
GLW CORNING INCIndustrials10.4K$1.4M0.8%+6.1%
LNG CHENIERE ENERGY INCUtilities5.0K$1.4M0.8%+5.3%
T AT&T INCCommunications45.7K$1.3M0.7%-3.0%
PM PHILIP MORRIS INTERNATIONALConsumer staples7.5K$1.2M0.7%+0.3%
GE GENERAL ELECTRICIndustrials4.0K$1.1M0.6%-0.2%
MU MICRON TECHNOLOGY INCTechnology3.3K$1.1M0.6%+1.1%
LMT LOCKHEED MARTIN CORPIndustrials1.8K$1.1M0.6%+0.2%
CSX CSX CORPIndustrials26.1K$1.1M0.6%+0.1%
HD HOME DEPOT INCConsumer discretionary3.2K$1.1M0.6%+0.7%
TSN TYSON FOODS INC-CL AConsumer staples16.4K$1.0M0.6%Held
AVGO BROADCOM INCTechnology3.0K$928K0.5%+0.8%
BX BLACKSTONE INCFinancials8.1K$926K0.5%+5.2%
GEV GE VERNOVA INCIndustrials1.0K$912K0.5%-0.4%
GOOGL ALPHABET INC-CL ATechnology3.0K$874K0.5%0.0%
LRCX LAM RESEARCH CORPIndustrials4.0K$854K0.5%+0.1%
MO ALTRIA GROUP INCConsumer staples12.9K$850K0.5%+0.9%
ORCL ORACLE CORPTechnology5.6K$822K0.4%+0.3%
JNJ JOHNSON & JOHNSONHealthcare3.1K$765K0.4%+1.5%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities20.0K$756K0.4%+1.5%
JPM JPMORGAN CHASE & COFinancials2.5K$727K0.4%+0.9%
GS GOLDMAN SACHS GROUP INCFinancials852$721K0.4%+1.1%
AMAT APPLIED MATERIALS INCTechnology2.0K$690K0.4%+0.1%
DUK DUKE ENERGY CORPUtilities5.0K$651K0.4%+1.7%
GILD GILEAD SCIENCES INCHealthcare4.6K$647K0.4%+2.2%
CASY CASEY'S GENERAL STORES INCConsumer discretionary875$637K0.3%Held
CSCO CISCO SYSTEMS INCTechnology8.1K$629K0.3%+0.2%
LLY ELI LILLY & COHealthcare670$617K0.3%+1.8%
FIX COMFORT SYSTEMS USA INCIndustrials410$566K0.3%Held
ABBV ABBVIE INCHealthcare2.5K$536K0.3%+1.4%
COST COSTCO WHOLESALE CORPConsumer discretionary538$536K0.3%+1.7%
COP CONOCOPHILLIPSEnergy4.0K$532K0.3%-3.5%
BMY BRISTOL-MYERS SQUIBB COHealthcare8.5K$517K0.3%+1.2%
AMGN AMGEN INCHealthcare1.4K$493K0.3%+1.8%
ATO ATMOS ENERGY CORPUtilities2.6K$484K0.3%+0.6%
AXP AMERICAN EXPRESS COFinancials1.6K$474K0.3%+4.2%
BAC BANK OF AMERICA CORPFinancials9.7K$474K0.3%+1.0%
NEE NEXTERA ENERGY INCUtilities5.0K$465K0.3%+2.2%
KO COCA-COLA CO/THEConsumer staples5.7K$434K0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 24, 2026145$184.9M canonicalSEC ↗
Q4 202513F-HRJan 16, 2026140$186.1M canonicalSEC ↗
Q3 202513F-HROct 14, 2025138$178.4M canonicalSEC ↗
Q2 202513F-HRJul 17, 2025142$173.3M canonicalSEC ↗
Q1 202513F-HRApr 15, 2025139$164.5M canonicalSEC ↗
Q4 202413F-HRJan 15, 2025134$162.6M canonicalSEC ↗
Q3 202413F-HROct 23, 2024143$161.2M canonicalSEC ↗
Q2 202413F-HRJul 12, 2024135$148.5M canonicalSEC ↗
Q1 202413F-HRApr 10, 2024140$151.3M canonicalSEC ↗