TECTONIC ADVISORS LLC
SEC Form 13F institutional filer · CIK 0001859918
13F-HR · 129 reported holdings · 2026-03-31
Reported long-US-equity value
$0.87B
Top-10 concentration
59.5%
TECTONIC ADVISORS LLC — $875M AUM allocation strategy
TECTONIC ADVISORS LLC files SEC Form 13F and reports $875M of long US equity value across 129 reported holdings for 2026-03-31.
Its largest sector bet is Health Care 4.7%, followed by Information Technology 4.7% and Energy 3.9%.
The top 10 holdings account for 60% 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.
TECTONIC ADVISORS LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$875M
total across 129 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
60% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +97.6K sh · +$3.77M+$GS +42.5K sh · +$4.26M+$VICI +36.9K sh · +$716K
Biggest trims (shares)
−$CIEN −30.2K sh · −$4.19M−$IVZ −7.75K sh · −$1.04M−$AAPL −7.55K sh · −$2.29M
Exited to nil (held last quarter, gone now)
$LLY ($3.43M last qtr)$GOOGL ($2.39M last qtr)$WMT ($1.43M last qtr)$AMZN ($939K last qtr)$CAT ($883K 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)
- Integrated Telecommunication Services3.8%—
- Biotechnology3.0%—
- Oil & Gas Storage & Transportation2.2%—
- Other Specialized REITs1.9%—
- Pharmaceuticals1.7%—
- Communications Equipment1.7%—
- Oil & Gas Refining & Marketing1.7%—
- Tobacco1.7%—
- Other holdings82.2%—
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
6 of 6 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $OKE | ONEOK Inc | 210K | $19M | +3.97K | 2.2% |
| $VZ | Verizon Communications Inc | 346K | $17.4M | +14.7K | 2.0% |
| $IRM | Iron Mountain Incorporated Common Stock REIT | 166K | $16.9M | +3.04K | 1.9% |
| $T | AT&T Inc | 547K | $15.8M | +28.3K | 1.8% |
| $MRK | Merck & Company Inc | 126K | $15.2M | -2.04K | 1.7% |
| $CSCO | Cisco Systems Inc | 195K | $15.1M | -865 | 1.7% |
…and 123 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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