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Southeast Asset Advisors, LLC

SEC Form 13F institutional filer · CIK 0001390003

13F-HR · 143 reported holdings · 2026-03-31

Reported long-US-equity value

$0.70B

Top-10 concentration

67.4%

Southeast Asset Advisors, LLC — $695M AUM allocation strategy

Southeast Asset Advisors, LLC files SEC Form 13F and reports $695M of long US equity value across 143 reported holdings for 2026-03-31.

Its largest sector bet is Financials 27.4%, followed by Communication Services 19.1% and Information Technology 10.2%.

The top 10 holdings account for 67% 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.

Southeast Asset Advisors, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$695M

total across 143 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

67% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$SCHW$NDAQ$VOO

+$SCHW +28.3K sh · +$2.36M+$NDAQ +16.4K sh · +$1.07M+$VOO +5.99K sh · −$1.28M

Biggest trims (shares)

$GOOGL$TRMB$BRK.B

−$GOOGL −17.7K sh · −$16.9M−$TRMB −9.6K sh · −$1.28M−$BRK.B −9.57K sh · −$11.3M

Added from nil (new positions)

$CHRW$ROL$MS$PLTR$BLK

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PTC$BX$IDXX$KHC$WFC

$PTC ($769K last qtr)$BX ($417K last qtr)$IDXX ($398K last qtr)$KHC ($333K last qtr)$WFC ($225K last qtr)

Sector allocation (share of reported value)

Financials 27%Communication Services 19%Information Technology 10%ETFs 8%Energy 5%Consumer Staples 4%Industrials 3%Health Care 2%Other holdings 23%SECTORS
  • $XLFFinancials27.4%
  • $XLCCommunication Services19.1%
  • $XLKInformation Technology10.2%
  • ETFs7.6%
  • $XLEEnergy4.8%
  • $XLPConsumer Staples3.5%
  • $XLIIndustrials2.7%
  • $XLVHealth Care1.6%
  • Other holdings23.0%

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)

Multi-Sector Holdings 19%Interactive Media & Services 18%Technology Hardware, Storage & Peripherals 8%Integrated Oil & Gas 5%Asset Management & Custody Banks 4%Soft Drinks & Non-alcoholic Beverages 4%Life & Health Insurance 2%Systems Software 2%Other holdings 37%INDUSTRIES
  • Multi-Sector Holdings19.1%
  • Interactive Media & Services18.4%
  • Technology Hardware, Storage & Peripherals8.4%
  • Integrated Oil & Gas4.8%
  • Asset Management & Custody Banks4.5%
  • Soft Drinks & Non-alcoholic Beverages3.5%
  • Life & Health Insurance2.1%
  • Systems Software1.9%
  • Other holdings37.5%

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

8 of 8 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$BRK.BBerkshire Hathaway Inc.-Class B277K$133M-9.57K19.1%
$GOOGLAlphabet Inc421K$121M-17.7K17.4%
$AAPLApple Inc230K$58.4M-2K8.4%
$IVZInvesco Ltd163K$31.2M+4.53K4.5%
$KOCoca-Cola Company324K$24.6M-33.5%
$CVXChevron Corporation91K$18.8M+322.7%
$AFLAFLAC Incorporated135K$14.8M+12.1%
$XOMExxonMobil Holdings Corporation85.3K$14.5M-9102.1%

…and 135 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

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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 IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-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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