WELCH CAPITAL PARTNERS LLC/NY
Long book
$444.2M
Q1 2026
Positions
26
Top-10 weight
98%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsWELCH CAPITAL PARTNERS LLC/NY is a wealth-management firm allocating client money, running a $444.2M US long book across 26 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, SS SPDR S&P 500 ETF TRUST-US, ALPHABET INC-CL C, BLACKSTONE INC, VANGUARD INFO TECH ETF.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 6 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
+4.4%
Q2 2024
+6.0%
Q3 2024
+3.1%
Q4 2024
-6.4%
Q1 2025
+10.5%
Q2 2025
+9.8%
Q3 2025
+3.6%
Q4 2025
-5.8%
Q1 2026
+15.7%
Sector allocation
Technology 41%
Financials 28%
Healthcare 13%
Industrials 9%
Consumer discretionary 9%
Energy 1%
Other 0%
Long book by quarter
What does WELCH CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 91.1K | $26.1M | 5.9% | -17.6% |
| BX BLACKSTONE INC | Financials | 168.8K | $19.4M | 4.4% | Held |
| STE STERIS PLC | Healthcare | 34.3K | $7.6M | 1.7% | -0.2% |
| BA BOEING CO/THE | Industrials | 29.8K | $5.9M | 1.3% | Held |
| HSIC HENRY SCHEIN INC | Consumer discretionary | 63.9K | $4.7M | 1.1% | -57.1% |
| INNV INNOVAGE HOLDING CORP | Healthcare | 200.5K | $1.6M | 0.4% | -50.4% |
| AAPL APPLE INC | Technology | 5.6K | $1.4M | 0.3% | Held |
| BLDR BUILDERS FIRSTSOURCE INC | Consumer discretionary | 16.3K | $1.3M | 0.3% | +166.1% |
| GOOGL ALPHABET INC-CL A | Technology | 4.2K | $1.2M | 0.3% | Held |
| MSFT MICROSOFT CORP | Technology | 3.1K | $1.2M | 0.3% | Held |
| GLW CORNING INC | Industrials | 4.2K | $570K | 0.1% | Held |
| CI THE CIGNA GROUP | Financials | 1.7K | $447K | 0.1% | Held |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 3.7K | $439K | 0.1% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.8K | $308K | 0.1% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 854 | $281K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.1K | $266K | 0.1% | Held |
| ROK ROCKWELL AUTOMATION INC | Other | 696 | $250K | 0.1% | Held |
| COP CONOCOPHILLIPS | Energy | 1.9K | $248K | 0.1% | New |
| BTMCQ BITCOIN DEPOT INC | Financials | 35.1K | $76K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 26 | $444.2M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 26 | $498.9M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 26 | $485.5M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 21 | $449.2M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 23 | $420.2M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 21 | $463.1M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 25 | $447.4M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 22 | $422.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 21 | $402.0M | $K fixed canonical | SEC ↗ |