Lutz Financial Services LLC
SEC Form 13F institutional filer · CIK 0001737112
13F-HR · 24 reported holdings · 2026-03-31
Reported long-US-equity value
$0.69B
Top-10 concentration
98.9%
Lutz Financial Services LLC — $692M AUM allocation strategy
Lutz Financial Services LLC files SEC Form 13F and reports $692M of long US equity value across 24 reported holdings for 2026-03-31.
Its largest sector bet is Financials 27.2%, followed by Information Technology 0.7% and Communication Services 0.2%.
The top 10 holdings account for 99% 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.
Lutz Financial Services LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$692M
total across 24 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
99% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SCHW +292K sh · +$7.84M+$VOO +27K sh · −$6.42M+$IVV +9.55K sh · +$2.67M
Biggest trims (shares)
−$SPGI −8.08K sh · −$405K−$BRK.B −3.31K sh · −$1.69M−$SPY −669 sh · −$2.55M
Added from nil (new positions)
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)
- Investment Banking & Brokerage17.4%—
- Financial Exchanges & Data9.0%—
- Asset Management & Custody Banks0.7%—
- Semiconductors0.3%—
- Interactive Media & Services0.2%—
- Technology Hardware, Storage & Peripherals0.2%—
- Systems Software0.2%—
- Broadline Retail0.1%—
- Other holdings72.0%—
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
6 of 6 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 4.38M | $120M | +292K | 17.4% |
| $SPGI | S&P Global Inc | 381K | $62.3M | -8.08K | 9.0% |
| $BLK | BlackRock Inc | 42.3K | $5.01M | -527 | 0.7% |
| $NVDA | NVIDIA Corporation | 10.3K | $1.79M | +31 | 0.3% |
| $AAPL | Apple Inc | 6.05K | $1.54M | +8 | 0.2% |
| $MSFT | Microsoft Corporation | 3.1K | $1.15M | +83 | 0.2% |
…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.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.