Westend Capital Management, LLC
Long book
$333.1M
Q1 2026
Positions
254
Top-10 weight
54%
concentration
Last quarter
+14.1%
SPY +14.8%
Turnover
28%
of book per quarter
Strategy in plain words
auto-generated from filingsWestend Capital Management, LLC is an institutional manager, running a $333.1M US long book across 254 positions.
The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CAMECO CORP, CENTURY ALUMINUM COMPANY, KODIAK GAS SERVICES INC, QUANTA SERVICES INC, FREEPORT-MCMORAN INC.
Over the last 9 quarters its long book ran on average 2pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+9.7%
Q2 2024
+2.3%
Q3 2024
+11.6%
Q4 2024
-9.4%
Q1 2025
+19.1%
Q2 2025
+4.2%
Q3 2025
+2.0%
Q4 2025
+4.9%
Q1 2026
+14.1%
Sector allocation
Industrials 38%
Materials 14%
Utilities 12%
Technology 8%
Financials 7%
Healthcare 7%
Other 7%
Consumer discretionary 4%
Long book by quarter
What does Westend Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CCJ CAMECO CORP | Materials | 228.1K | $24.8M | 7.4% | +0.8% |
| CENX CENTURY ALUMINUM COMPANY | Industrials | 378.1K | $22.2M | 6.7% | +1.0% |
| KGS KODIAK GAS SERVICES INC | Utilities | 369.5K | $21.6M | 6.5% | +1.7% |
| PWR QUANTA SERVICES INC | Industrials | 35.5K | $19.5M | 5.9% | -0.3% |
| FCX FREEPORT-MCMORAN INC | Materials | 306.2K | $18.0M | 5.4% | +1.5% |
| BA BOEING CO/THE | Industrials | 81.0K | $16.1M | 4.8% | -43.9% |
| ET ENERGY TRANSFER LP | Utilities | 810.2K | $15.6M | 4.7% | +1.4% |
| CAT CATERPILLAR INC | Industrials | 19.7K | $13.9M | 4.2% | +2.3% |
| MRK MERCK & CO. INC. | Healthcare | 112.4K | $13.5M | 4.1% | +0.8% |
| AAPL APPLE INC | Technology | 51.8K | $13.1M | 3.9% | -36.4% |
| HWM HOWMET AEROSPACE INC | Industrials | 51.7K | $11.9M | 3.6% | -30.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 55.7K | $11.6M | 3.5% | +1.5% |
| GOOGL ALPHABET INC-CL A | Technology | 39.7K | $11.4M | 3.4% | +1.9% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 120.3K | $11.3M | 3.4% | +2.3% |
| DBK DEUTSCHE BANK AG-REGISTERED | — | 371.0K | $11.0M | 3.3% | +2.8% |
| AXP AMERICAN EXPRESS CO | Financials | 35.6K | $10.8M | 3.2% | +2.9% |
| VIK VIKING HOLDINGS LTD | Industrials | 141.4K | $10.4M | 3.1% | -27.6% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 7.6K | $10.0M | 3.0% | +69018.2% |
| ROK ROCKWELL AUTOMATION INC | Other | 26.9K | $9.7M | 2.9% | +2.6% |
| GE GENERAL ELECTRIC | Industrials | 33.5K | $9.5M | 2.9% | -52.3% |
| EQT EQT CORP | Energy | 146.4K | $9.3M | 2.8% | New |
| LLY ELI LILLY & CO | Healthcare | 8.3K | $7.6M | 2.3% | -49.5% |
| FLR FLUOR CORP | Industrials | 90.3K | $4.2M | 1.3% | New |
| XOM EXXON MOBIL CORP | Energy | 11.0K | $1.9M | 0.6% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 1 | $718K | 0.2% | Held |
| TPC TUTOR PERINI CORP | Industrials | 8.1K | $625K | 0.2% | +12.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 572 | $570K | 0.2% | +1.1% |
| TLRY TILRAY BRANDS INC | Materials | 86.8K | $562K | 0.2% | +6.5% |
| GVA GRANITE CONSTRUCTION INC | Industrials | 3.3K | $392K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.5K | $376K | 0.1% | +18.9% |
| GILD GILEAD SCIENCES INC | Healthcare | 2.3K | $317K | 0.1% | Held |
| MSFT MICROSOFT CORP | Technology | 695 | $257K | 0.1% | -1.7% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 1.5K | $253K | 0.1% | -0.9% |
| JPM JPMORGAN CHASE & CO | Financials | 736 | $217K | 0.1% | -1.1% |
| GOOG ALPHABET INC-CL C | Technology | 689 | $198K | 0.1% | +3.0% |
| V VISA INC-CLASS A SHARES | Services media | 620 | $187K | 0.1% | -0.6% |
| AMP AMERIPRISE FINANCIAL INC | Financials | 406 | $180K | 0.1% | Held |
| NVDA NVIDIA CORP | Technology | 954 | $166K | 0.0% | +13.6% |
| TEX TEREX CORP | Industrials | 2.7K | $160K | 0.0% | Held |
| ARCC ARES CAPITAL CORP | — | 8.2K | $147K | 0.0% | New |
| PFLT PENNANTPARK FLOATING RATE CA | — | 17.1K | $138K | 0.0% | New |
| VLO VALERO ENERGY CORP | Energy | 552 | $136K | 0.0% | New |
| AVGO BROADCOM INC | Technology | 429 | $133K | 0.0% | +8.6% |
| CVX CHEVRON CORP | Energy | 551 | $114K | 0.0% | Held |
| NEE NEXTERA ENERGY INC | Utilities | 1.2K | $111K | 0.0% | -0.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 351 | $109K | 0.0% | -42.6% |
| RTX RTX CORP | Industrials | 534 | $103K | 0.0% | -0.2% |
| QCOM QUALCOMM INC | Technology | 797 | $103K | 0.0% | -3.4% |
| MO ALTRIA GROUP INC | Consumer staples | 1.5K | $98K | 0.0% | -17.7% |
| LOW LOWE'S COS INC | Consumer discretionary | 393 | $93K | 0.0% | -6.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 254 | $333.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 238 | $356.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 17, 2025 | 254 | $343.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 228 | $324.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 232 | $263.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 225 | $336.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 10, 2024 | 246 | $291.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 8, 2024 | 234 | $284.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 336 | $257.9M | canonical | SEC ↗ |
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