MSA Advisors, LLC
SEC Form 13F institutional filer · CIK 0001040410
13F-HR · 27 reported holdings · 2026-03-31
Reported long-US-equity value
$0.31B
Top-10 concentration
96.2%
MSA Advisors, LLC — $308M AUM allocation strategy
MSA Advisors, LLC files SEC Form 13F and reports $308M of long US equity value across 27 reported holdings for 2026-03-31.
Its largest sector bet is Financials 34.7%, followed by Communication Services 22.6% and Information Technology 13.0%.
The top 10 holdings account for 96% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
MSA Advisors, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$308M
total across 27 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
96% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$LYV +38.6K sh · +$7.37M+$AAPL +20.8K sh · +$4M+$NVDA +6.03K sh · +$1.03M
Biggest trims (shares)
−$SPY −14.7K sh · −$12.3M−$DIS −11.4K sh · −$1.6M−$GOOGL −4.25K sh · −$3.66M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks31.2%—
- Interactive Media & Services12.5%—
- Restaurants10.0%—
- Movies & Entertainment9.7%—
- Technology Hardware, Storage & Peripherals7.6%—
- Systems Software4.7%—
- Diversified Banks3.3%—
- Pharmaceuticals1.9%—
- Other holdings19.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $APO | Apollo Global Management Inc | 864K | $96.2M | +4K | 31.2% |
| $SBUX | Starbucks Corporation | 344K | $30.8M | +0 | 10.0% |
| $LYV | Live Nation Entertainment Inc | 187K | $28.5M | +38.6K | 9.2% |
| $GOOGL | Alphabet Inc | 86.5K | $24.8M | -4.25K | 8.0% |
| $AAPL | Apple Inc | 92K | $23.3M | +20.8K | 7.6% |
| $MSFT | Microsoft Corporation | 38.6K | $14.3M | +2.52K | 4.6% |
| $META | Meta Platforms Inc | 24.3K | $13.9M | -33 | 4.5% |
| $JPM | JP Morgan Chase & Co | 30.4K | $8.94M | +3.05K | 2.9% |
| $LLY | Eli Lilly and Company | 6.25K | $5.75M | +3.75K | 1.9% |
…and 18 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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