WPWealth LLP
Long book
$654.2M
Q1 2026
Positions
97
Top-10 weight
79%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsWPWealth LLP is a wealth-management firm allocating client money, running a $654.2M US long book across 97 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: DIMENSIONAL INTERNATIONAL CO, DIMENSIONAL CORE FIXED INC, DIMENSIONAL US CORE EQUITY M, DIMENSIONAL GLBL CORE PL FIX, DIMENSIONAL SHORT DURATION.
Over the last 9 quarters its long book ran on average 1.4pp 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
+0.6%
Q2 2024
+6.1%
Q3 2024
-2.2%
Q4 2024
+1.1%
Q1 2025
+5.9%
Q2 2025
+5.2%
Q3 2025
+2.6%
Q4 2025
+0.6%
Q1 2026
+8.1%
Sector allocation
Technology 53%
Financials 13%
Energy 11%
Consumer discretionary 9%
Industrials 7%
Utilities 3%
Healthcare 2%
Materials 2%
Long book by quarter
What does WPWealth LLP own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 26.9K | $6.8M | 1.0% | +0.4% |
| NVDA NVIDIA CORP | Technology | 14.7K | $2.6M | 0.4% | +2.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.9K | $2.3M | 0.4% | -0.3% |
| XOM EXXON MOBIL CORP | Energy | 9.2K | $1.6M | 0.2% | +0.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.8K | $1.4M | 0.2% | -0.9% |
| MSFT MICROSOFT CORP | Technology | 3.0K | $1.1M | 0.2% | -3.1% |
| WMT WALMART INC | Consumer discretionary | 5.3K | $660K | 0.1% | -2.1% |
| CVX CHEVRON CORP | Energy | 3.1K | $645K | 0.1% | -5.8% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 2.5K | $554K | 0.1% | +0.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 911 | $550K | 0.1% | -18.1% |
| GOOGL ALPHABET INC-CL A | Technology | 1.8K | $506K | 0.1% | -5.0% |
| WTTR SELECT WATER SOLUTIONS INC | Energy | 32.4K | $496K | 0.1% | Held |
| AMD ADVANCED MICRO DEVICES | Technology | 2.2K | $451K | 0.1% | +0.8% |
| CAI CARIS LIFE SCIENCES INC | Healthcare | 23.0K | $412K | 0.1% | Held |
| TPL TEXAS PACIFIC LAND CORP | Financials | 841 | $399K | 0.1% | +0.2% |
| AVGO BROADCOM INC | Technology | 1.2K | $385K | 0.1% | -5.4% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 637 | $375K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.3K | $372K | 0.1% | -2.8% |
| TRGP TARGA RESOURCES CORP | Utilities | 1.5K | $369K | 0.1% | -0.1% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 9.2K | $348K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.2K | $337K | 0.1% | -0.7% |
| META META PLATFORMS INC-CLASS A | Technology | 563 | $322K | 0.0% | -1.9% |
| TSLA TESLA INC | Industrials | 712 | $265K | 0.0% | +2.3% |
| AXON AXON ENTERPRISE INC | Industrials | 613 | $260K | 0.0% | +0.7% |
| TXN TEXAS INSTRUMENTS INC | Technology | 1.2K | $233K | 0.0% | +0.3% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 203 | $202K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 97 | $654.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 96 | $638.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 94 | $611.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 90 | $554.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Aug 11, 2025 | 87 | $506.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 90 | $489.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 88 | $482.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 70 | $414.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 16, 2024 | 63 | $387.0M | canonical | SEC ↗ |