Wilmington Savings Fund Society, FSB
Long book
$4.20B
Q1 2026
Positions
1423
Top-10 weight
31%
concentration
Last quarter
+10.3%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsWilmington Savings Fund Society, FSB is a mechanically diversified allocator, running a $4.20B US long book across 1423 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD FTSE DEVELOPED ETF, COMCAST CORP-CLASS A, APPLE INC, MICROSOFT CORP, ISHARES CORE S&P 500 ETF.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind 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
+1.8%
Q2 2024
+6.4%
Q3 2024
-0.6%
Q4 2024
-1.8%
Q1 2025
+6.5%
Q2 2025
+5.1%
Q3 2025
+2.2%
Q4 2025
-1.0%
Q1 2026
+10.3%
Sector allocation
Technology 27%
Financials 14%
Healthcare 12%
Communications 10%
Industrials 10%
Consumer discretionary 7%
Other 6%
Energy 4%
Long book by quarter
What does Wilmington Savings own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CMCSA COMCAST CORP-CLASS A | Communications | 8.0M | $228.5M | 5.4% | -0.6% |
| AAPL APPLE INC | Technology | 759.3K | $192.7M | 4.6% | -1.9% |
| MSFT MICROSOFT CORP | Technology | 273.2K | $101.1M | 2.4% | -3.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 352.4K | $86.1M | 2.1% | -2.2% |
| GOOG ALPHABET INC-CL C | Technology | 256.9K | $73.7M | 1.8% | -3.4% |
| JPM JPMORGAN CHASE & CO | Financials | 248.1K | $73.0M | 1.7% | -2.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 76 | $54.6M | 1.3% | +2.7% |
| XOM EXXON MOBIL CORP | Energy | 292.7K | $49.7M | 1.2% | -2.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 333.7K | $48.2M | 1.1% | -1.7% |
| GLW CORNING INC | Industrials | 294.3K | $40.0M | 1.0% | -3.2% |
| CSCO CISCO SYSTEMS INC | Technology | 440.0K | $34.1M | 0.8% | -1.6% |
| FIGR FIGURE TECHNOLOGY SOLUT-CL A | Financials | 939.8K | $31.9M | 0.8% | +3669.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 151.0K | $31.5M | 0.7% | -0.5% |
| GOOGL ALPHABET INC-CL A | Technology | 106.8K | $30.7M | 0.7% | -9.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 62.0K | $29.7M | 0.7% | +12.9% |
| MRK MERCK & CO. INC. | Healthcare | 226.6K | $27.3M | 0.6% | -4.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 262.7K | $27.0M | 0.6% | -1.7% |
| LLY ELI LILLY & CO | Healthcare | 28.2K | $26.0M | 0.6% | -3.0% |
| PEP PEPSICO INC | Consumer staples | 160.9K | $25.0M | 0.6% | -3.1% |
| ADI ANALOG DEVICES INC | Technology | 78.4K | $24.9M | 0.6% | -15.6% |
| MA MASTERCARD INC - A | Services media | 49.9K | $24.9M | 0.6% | -4.9% |
| TJX TJX COMPANIES INC | Consumer discretionary | 151.0K | $24.1M | 0.6% | -19.1% |
| CVX CHEVRON CORP | Energy | 111.9K | $23.1M | 0.6% | -1.9% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 41.9K | $20.6M | 0.5% | -1.7% |
| NVDA NVIDIA CORP | Technology | 117.4K | $20.5M | 0.5% | +12.7% |
| V VISA INC-CLASS A SHARES | Services media | 67.2K | $20.3M | 0.5% | -4.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 83.2K | $20.2M | 0.5% | +2.1% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 150.1K | $19.7M | 0.5% | -2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 33.9K | $19.4M | 0.5% | +0.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 82.7K | $18.7M | 0.4% | -4.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 59.2K | $18.4M | 0.4% | -2.0% |
| HSY HERSHEY CO/THE | Consumer staples | 84.0K | $17.5M | 0.4% | -1.7% |
| AMGN AMGEN INC | Healthcare | 48.4K | $17.0M | 0.4% | -2.8% |
| RTX RTX CORP | Industrials | 80.0K | $15.4M | 0.4% | -0.5% |
| HD HOME DEPOT INC | Consumer discretionary | 46.7K | $15.3M | 0.4% | -2.9% |
| KLAC KLA CORP | Other | 10.3K | $15.2M | 0.4% | -7.6% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 297.6K | $14.9M | 0.4% | -3.7% |
| CME CME GROUP INC | Financials | 50.4K | $14.9M | 0.4% | -2.2% |
| GFF GRIFFON CORP | Industrials | 202.8K | $14.7M | 0.4% | Held |
| LOW LOWE'S COS INC | Consumer discretionary | 59.5K | $14.0M | 0.3% | -2.4% |
| AFL AFLAC INC | Financials | 128.0K | $14.0M | 0.3% | -4.6% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 48.1K | $13.8M | 0.3% | +8.8% |
| DOCS DOXIMITY INC-CLASS A | Technology | 566.5K | $13.2M | 0.3% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 166.8K | $12.7M | 0.3% | +18.3% |
| SYY SYSCO CORP | Consumer discretionary | 177.3K | $12.6M | 0.3% | -5.2% |
| SXI STANDEX INTERNATIONAL CORP | Industrials | 49.6K | $12.6M | 0.3% | -5.0% |
| CBOE CBOE GLOBAL MARKETS INC | Financials | 44.8K | $12.6M | 0.3% | -3.3% |
| INTU INTUIT INC | Technology | 29.0K | $12.5M | 0.3% | +12.6% |
| ORCL ORACLE CORP | Technology | 84.6K | $12.4M | 0.3% | -2.9% |
| BDX BECTON DICKINSON AND CO | Healthcare | 77.6K | $12.2M | 0.3% | +5.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 2009 | $4.20B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 1945 | $4.26B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Nov 20, 2025 | 1955 | $4.15B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 2930 | $6.02B | SEC ↗ | |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 2673 | $5.62B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 2721 | $5.35B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 2751 | $5.56B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 25, 2024 | 2709 | $5.57B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 656 | $2.61B | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 655 | $2.61B | confidential canonical | SEC ↗ |
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