PYA Waltman Capital, LLC
SEC Form 13F institutional filer · CIK 0001800135
13F-HR · 45 reported holdings · 2026-03-31
Reported long-US-equity value
$0.25B
Top-10 concentration
71.4%
PYA Waltman Capital, LLC — $253M AUM allocation strategy
PYA Waltman Capital, LLC files SEC Form 13F and reports $253M of long US equity value across 45 reported holdings for 2026-03-31.
Its largest sector bet is Financials 32.5%, followed by Health Care 13.5% and Consumer Discretionary 11.0%.
The top 10 holdings account for 71% 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.
PYA Waltman Capital, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$253M
total across 45 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
71% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMZN +28.8K sh · +$4.41M+$PEP +17.2K sh · +$2.83M+$PG +16.9K sh · +$2.45M
Biggest trims (shares)
−$TROW −265K sh · −$12.6M−$AVGO −4.54K sh · −$1.99M−$JPM −3.27K sh · −$1.32M
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
$IVV ($489K last qtr)$SPY ($365K last qtr)$V ($263K 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)
- Multi-Sector Holdings15.1%—
- Asset Management & Custody Banks12.4%—
- Interactive Media & Services8.5%—
- Broadline Retail8.1%—
- Aerospace & Defense7.3%—
- Life Sciences Tools & Services5.8%—
- Financial Exchanges & Data5.1%—
- Electronic Equipment & Instruments4.5%—
- Other holdings33.2%—
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
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $BRK.B | Berkshire Hathaway Inc.-Class B | 79.6K | $38.1M | +3.16K | 15.1% |
| $TROW | T. Rowe Price Group Inc | 852K | $31.4M | -265K | 12.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 74.7K | $21.5M | -401 | 8.5% |
| $AMZN | Amazon.com Inc | 99.2K | $20.7M | +28.8K | 8.2% |
| $TDG | Transdigm Group Incorporated | 13.2K | $15.2M | +922 | 6.0% |
| $DHR | Danaher Corporation | 77.1K | $14.6M | +12.5K | 5.8% |
| $SPGI | S&P Global Inc | 30K | $12.7M | +3.79K | 5.0% |
| $ROP | Roper Technologies Inc | 32.3K | $11.4M | +16.5K | 4.5% |
| $JNJ | Johnson & Johnson | 41.4K | $10.1M | -354 | 4.0% |
| $AMGN | Amgen Inc | 13.8K | $4.84M | +31 | 1.9% |
…and 35 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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