Lorne Steinberg Wealth Management Inc.
SEC Form 13F institutional filer · CIK 0001851362
13F-HR · 38 reported holdings · 2026-03-31
Reported long-US-equity value
$0.21B
Top-10 concentration
52.9%
Lorne Steinberg Wealth Management Inc. — $208M AUM allocation strategy
Lorne Steinberg Wealth Management Inc. files SEC Form 13F and reports $208M of long US equity value across 38 reported holdings for 2026-03-31.
Its largest sector bet is Financials 32.9%, followed by Information Technology 16.2% and Communication Services 14.6%.
The top 10 holdings account for 53% 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.
Lorne Steinberg Wealth Management Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$208M
total across 38 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
53% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ADBE +17K sh · +$2.54M+$MSFT +6.8K sh · −$666K+$KVUE +1.77K sh · +$28.6K
Biggest trims (shares)
−$META −3.72K sh · −$3.33M−$CTVA −690 sh · +$1.75M−$PG −500 sh · −$69.3K
Exited to nil (held last quarter, gone now)
$BDX ($5.2M last qtr)$LIN ($2.26M last qtr)$BAC ($220K last qtr)$ORCL ($207K last qtr)$HUM ($205K 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)
- Interactive Media & Services11.3%—
- Pharmaceuticals8.5%—
- Investment Banking & Brokerage8.2%—
- Systems Software6.2%—
- Diversified Banks5.5%—
- Multi-Sector Holdings5.3%—
- Property & Casualty Insurance5.1%—
- Consumer Finance4.7%—
- Other holdings45.2%—
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 |
|---|---|---|---|---|---|
| $GOOG | Alphabet Inc. Class C Capital Stock | 61.3K | $17.6M | +446 | 8.5% |
| $MSFT | Microsoft Corporation | 34.9K | $12.9M | +6.8K | 6.2% |
| $JPM | JP Morgan Chase & Co | 38.8K | $11.4M | +432 | 5.5% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 22.8K | $10.9M | -160 | 5.3% |
| $ALL | Allstate Corporation | 50.8K | $10.5M | -26 | 5.1% |
| $AXP | American Express Company | 32.5K | $9.82M | +85 | 4.7% |
| $AMZN | Amazon.com Inc | 46.7K | $9.73M | +999 | 4.7% |
| $JNJ | Johnson & Johnson | 37.9K | $9.25M | +680 | 4.5% |
| $CTVA | Corteva Inc | 108K | $9.03M | -690 | 4.3% |
| $CSCO | Cisco Systems Inc | 111K | $8.61M | -355 | 4.1% |
…and 28 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.