WEDBUSH SECURITIES INC

Diversified mechanical Mechanical CIK 1142495
League rank
#105
in Diversified mechanical · #2183 overall
Long book
$3.43B
Q1 2026
Positions
1237
Top-10 weight
37%
concentration
Last quarter
+13.8%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

WEDBUSH SECURITIES INC is a mechanically diversified allocator, running a $3.43B US long book across 1237 positions.

The portfolio is moderately concentrated (top 10 ≈ 37% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, APPLE INC, NVIDIA CORP, COSTCO WHOLESALE CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 3 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
+4.9%
Q2 2024
+5.6%
Q3 2024
+2.8%
Q4 2024
-4.3%
Q1 2025
+10.6%
Q2 2025
+7.9%
Q3 2025
+2.0%
Q4 2025
-2.8%
Q1 2026
+13.8%

Sector allocation

Technology
43%
Consumer discretionary
16%
Industrials
10%
Financials
9%
Healthcare
6%
Services media
4%
Energy
4%
Utilities
3%

Long book by quarter

$2.68B
Q1 2024
$2.80B
Q2 2024
$2.70B
Q3 2024
$2.81B
Q4 2024
$2.72B
Q1 2025
$2.86B
Q2 2025
$3.06B
Q3 2025
$3.43B
Q4 2025
$3.43B
Q1 2026

What does WEDBUSH SECURITIES own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology987.4K$250.6M7.3%+8.0%
NVDA NVIDIA CORPTechnology933.3K$162.8M4.7%+0.4%
COST COSTCO WHOLESALE CORPConsumer discretionary116.4K$116.0M3.4%+1.5%
AMZN AMAZON.COM INCConsumer discretionary453.3K$94.4M2.8%+8.6%
MSFT MICROSOFT CORPTechnology239.3K$88.6M2.6%+7.2%
GOOGL ALPHABET INC-CL ATechnology174.6K$50.2M1.5%+4.3%
GOOG ALPHABET INC-CL CTechnology130.2K$37.3M1.1%+0.7%
META META PLATFORMS INC-CLASS ATechnology58.8K$33.6M1.0%+1.3%
TSLA TESLA INCIndustrials86.3K$32.1M0.9%+5.7%
JPM JPMORGAN CHASE & COFinancials92.6K$27.2M0.8%+3.5%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology184.6K$27.0M0.8%+6.2%
CVX CHEVRON CORPEnergy130.0K$26.9M0.8%+5.9%
AVGO BROADCOM INCTechnology82.1K$25.4M0.7%+16.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials50.9K$24.4M0.7%-1.5%
XOM EXXON MOBIL CORPEnergy120.4K$20.4M0.6%+2.6%
V VISA INC-CLASS A SHARESServices media65.1K$19.7M0.6%+3.9%
HD HOME DEPOT INCConsumer discretionary58.3K$19.2M0.6%+6.2%
ABBV ABBVIE INCHealthcare88.0K$19.1M0.6%+9.3%
AMD ADVANCED MICRO DEVICESTechnology90.6K$18.4M0.5%+5.4%
LLY ELI LILLY & COHealthcare18.4K$16.9M0.5%+1.8%
WMT WALMART INCConsumer discretionary135.4K$16.8M0.5%+4.6%
NFLX NETFLIX INCServices media174.1K$16.7M0.5%+5.8%
IBM INTL BUSINESS MACHINES CORPTechnology68.0K$16.5M0.5%+5.5%
JNJ JOHNSON & JOHNSONHealthcare65.2K$15.9M0.5%+1.0%
CAT CATERPILLAR INCIndustrials22.2K$15.7M0.5%+4.2%
CSCO CISCO SYSTEMS INCTechnology186.7K$14.5M0.4%0.0%
PG PROCTER & GAMBLE CO/THEOther90.1K$13.0M0.4%+9.9%
MA MASTERCARD INC - AServices media25.7K$12.9M0.4%+5.0%
PANW PALO ALTO NETWORKS INCTechnology79.7K$12.8M0.4%+18.7%
BAC BANK OF AMERICA CORPFinancials252.8K$12.3M0.4%+4.4%
C CITIGROUP INCFinancials104.3K$11.8M0.3%+1.9%
WDC WESTERN DIGITAL CORPTechnology41.5K$11.2M0.3%+15.4%
RTX RTX CORPIndustrials56.7K$10.9M0.3%+6.7%
AMGN AMGEN INCHealthcare31.0K$10.9M0.3%+4.1%
GEV GE VERNOVA INCIndustrials12.4K$10.8M0.3%+13.9%
BA BOEING CO/THEIndustrials54.3K$10.8M0.3%+6.2%
ORCL ORACLE CORPTechnology68.6K$10.1M0.3%+4.7%
GOLD GOLD.COM INCConsumer discretionary250.4K$10.0M0.3%-8.6%
MCD MCDONALD'S CORPConsumer discretionary31.4K$9.7M0.3%+5.4%
DIS WALT DISNEY CO/THEServices media93.5K$9.0M0.3%-16.6%
QCOM QUALCOMM INCTechnology69.9K$9.0M0.3%-0.7%
KO COCA-COLA CO/THEConsumer staples115.5K$8.8M0.3%+25.6%
VZ VERIZON COMMUNICATIONS INCCommunications168.6K$8.5M0.2%-0.7%
GD GENERAL DYNAMICS CORPIndustrials22.9K$7.9M0.2%-0.7%
GS GOLDMAN SACHS GROUP INCFinancials9.1K$7.7M0.2%+8.9%
UNH UNITEDHEALTH GROUP INCFinancials27.8K$7.5M0.2%-1.2%
CB CHUBB LTDFinancials22.7K$7.4M0.2%+3.1%
AXP AMERICAN EXPRESS COFinancials23.9K$7.2M0.2%+0.9%
NEE NEXTERA ENERGY INCUtilities75.7K$7.0M0.2%-1.0%
SNDK SANDISK CORPTechnology10.7K$6.8M0.2%-6.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 20261237$3.43B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 12, 20261207$3.43B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 6, 20251168$3.06B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 6, 20251155$2.86B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 6, 20251111$2.72B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 13, 20251136$2.81B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 8, 20241098$2.70B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 7, 20241195$2.80B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 15, 20241230$2.68B $K fixed canonicalSEC ↗