Warther Private Wealth, LLC

Fundamental diversified ★Signal CIK 1954551
League rank
#375
in Fundamental diversified · #2017 overall
Long book
$426.5M
Q1 2026
Positions
40
Top-10 weight
53%
concentration
Last quarter
+14.1%
SPY +14.8%
Turnover
38%
of book per quarter

Strategy in plain words

auto-generated from filings

Warther Private Wealth, LLC is a diversified fundamental manager, running a $426.5M US long book across 40 positions.

The portfolio is concentrated: the top 10 names carry 53% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: UNITEDHEALTH GROUP INC, ALIBABA GROUP HOLDING-SP ADR, EXXON MOBIL CORP, NU HOLDINGS LTD/CAYMAN ISL-A, SCHWAB (CHARLES) CORP.

Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 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
+4.6%
Q2 2024
+4.3%
Q3 2024
+4.5%
Q4 2024
-1.5%
Q1 2025
+14.3%
Q2 2025
+9.9%
Q3 2025
-0.1%
Q4 2025
-9.6%
Q1 2026
+14.1%

Sector allocation

Services media
27%
Financials
21%
Technology
17%
Energy
11%
Consumer discretionary
9%
Industrials
7%
Other
3%
Healthcare
3%

Long book by quarter

$224.0M
Q1 2024
$255.5M
Q2 2024
$283.6M
Q3 2024
$294.2M
Q4 2024
$300.3M
Q1 2025
$381.5M
Q2 2025
$422.7M
Q3 2025
$418.4M
Q4 2025
$426.5M
Q1 2026

What does Warther Private own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UNH UNITEDHEALTH GROUP INCFinancials117.8K$31.9M7.5%+5.7%
XOM EXXON MOBIL CORPEnergy175.1K$29.7M7.0%+144.7%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials1.5M$21.3M5.0%+43.8%
SCHW SCHWAB (CHARLES) CORPFinancials215.2K$20.2M4.7%+11.8%
MELI MERCADOLIBRE INCServices media11.5K$19.9M4.7%+17.7%
UBER UBER TECHNOLOGIES INCServices media254.8K$18.3M4.3%+31.6%
FICO FAIR ISAAC CORPServices media17.2K$18.3M4.3%+74.2%
FTNT FORTINET INCTechnology219.9K$18.0M4.2%+17.7%
GOOGL ALPHABET INC-CL ATechnology62.5K$18.0M4.2%-32.2%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary528.2K$16.9M4.0%+2.8%
NFLX NETFLIX INCServices media164.6K$15.8M3.7%+89.0%
FISV FISERV INCServices media269.7K$15.1M3.5%+30.7%
ASML ASML HOLDING NV-NY REG SHSIndustrials10.8K$14.2M3.3%-42.3%
AMZN AMAZON.COM INCConsumer discretionary67.8K$14.1M3.3%-27.8%
EL ESTEE LAUDER COMPANIES-CL AOther166.1K$11.9M2.8%+9.9%
LLY ELI LILLY & COHealthcare12.4K$11.4M2.7%-34.5%
AVGO BROADCOM INCTechnology36.2K$11.2M2.6%+9.3%
EQT EQT CORPEnergy147.3K$9.4M2.2%New
EXPE EXPEDIA GROUP INCIndustrials38.3K$8.8M2.1%New
SPGI S&P GLOBAL INCServices media19.2K$8.2M1.9%New
BN BROOKFIELD CORPReal estate199.6K$8.1M1.9%New
AAPL APPLE INCTechnology19.1K$4.8M1.1%-7.1%
NVDA NVIDIA CORPTechnology18.9K$3.3M0.8%-25.9%
MSFT MICROSOFT CORPTechnology6.3K$2.3M0.5%-14.4%
GOOG ALPHABET INC-CL CTechnology3.8K$1.1M0.3%-31.7%
AXP AMERICAN EXPRESS COFinancials2.9K$881K0.2%+3.6%
CAT CATERPILLAR INCIndustrials1.0K$709K0.2%-42.5%
V VISA INC-CLASS A SHARESServices media2.0K$604K0.1%-29.0%
COST COSTCO WHOLESALE CORPConsumer discretionary568$566K0.1%-16.7%
MRSH MARSH & MCLENNAN COSFinancials2.7K$465K0.1%-0.7%
ISRG INTUITIVE SURGICAL INCHealthcare1.0K$463K0.1%-0.9%
VST VISTRA CORPUtilities2.5K$377K0.1%-90.1%
AMAT APPLIED MATERIALS INCTechnology1.0K$342K0.1%-47.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials580$278K0.1%-47.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202640$426.5M canonicalSEC ↗
Q4 202513F-HRFeb 18, 202649$418.4M canonicalSEC ↗
Q3 202513F-HRNov 14, 202550$422.7M canonicalSEC ↗
Q2 202513F-HRJul 30, 202557$384.3M canonicalSEC ↗
Q1 202513F-HRApr 17, 202566$304.0M canonicalSEC ↗
Q4 202413F-HRJan 29, 202585$297.2M canonicalSEC ↗
Q3 202413F-HROct 23, 202488$285.5M canonicalSEC ↗
Q2 202413F-HRJul 11, 202484$255.5M canonicalSEC ↗
Q1 202413F-HRApr 30, 202460$224.0M canonicalSEC ↗