Milestones Private Investment Advisors LLC
SEC Form 13F institutional filer · CIK 0001726041
13F-HR · 33 reported holdings · 2026-03-31
Reported long-US-equity value
$0.05B
Top-10 concentration
78.9%
Milestones Private Investment Advisors LLC — $49.8M AUM allocation strategy
Milestones Private Investment Advisors LLC files SEC Form 13F and reports $49.8M of long US equity value across 33 reported holdings for 2026-03-31.
Its largest sector bet is Financials 37.7%, followed by Information Technology 6.8% and Health Care 1.0%.
The top 10 holdings account for 79% 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.
Milestones Private Investment Advisors LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$49.8M
total across 33 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
79% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$XLE +1.75K sh · +$1.27M+$XLK +1.07K sh · −$162K+$XLY +1K sh · −$226K
Biggest trims (shares)
−$SCHW −184K sh · −$4.63M−$IVZ −63.2K sh · −$2.54M−$AAPL −9.34K sh · −$2.62M
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
$INTU ($1.16M last qtr)$AMGN ($1.02M last qtr)$PAYX ($917K last qtr)$VTI ($857K last qtr)$USB ($757K last qtr)
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 Banks23.8%—
- Investment Banking & Brokerage10.5%—
- Financial Exchanges & Data2.6%—
- Technology Hardware, Storage & Peripherals2.3%—
- Systems Software2.2%—
- Semiconductor Materials & Equipment1.4%—
- Health Care Equipment1.0%—
- Electronic Components0.8%—
- Other holdings55.2%—
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
4 of 4 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 581K | $11.1M | -63.2K | 22.3% |
| $SCHW | Charles Schwab Corporation | 159K | $4.48M | -184K | 9.0% |
| $SPGI | S&P Global Inc | 8.53K | $1.29M | -5.81K | 2.6% |
| $AAPL | Apple Inc | 4.58K | $1.16M | -9.34K | 2.3% |
…and 29 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 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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