Park State Asset Management
SEC Form 13F institutional filer · CIK 0001908423
13F-HR · 17 reported holdings · 2026-03-31
Reported long-US-equity value
$0.12B
Top-10 concentration
88.9%
Park State Asset Management — $117M AUM allocation strategy
Park State Asset Management files SEC Form 13F and reports $117M of long US equity value across 17 reported holdings for 2026-03-31.
Its largest sector bet is Consumer Discretionary 27.3%, followed by Communication Services 19.0% and Information Technology 17.2%.
The top 10 holdings account for 89% 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.
Park State Asset Management — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$117M
total across 17 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
89% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ALGN +6.02K sh · +$1.45M+$DPZ +1.91K sh · +$74.2K+$ADBE +1.24K sh · −$2.51M
Biggest trims (shares)
−$CPRT −1.78K sh · −$1.1M−$TJX −1.4K sh · +$243K−$GOOGL −1.02K sh · −$2.31M
Exited to nil (held last quarter, gone now)
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)
- Interactive Media & Services19.0%—
- Broadline Retail13.3%—
- Technology Hardware, Storage & Peripherals11.5%—
- Transaction & Payment Processing Services11.2%—
- Apparel Retail10.2%—
- Consumer Staples Merchandise Retail5.8%—
- Application Software5.7%—
- Financial Exchanges & Data5.2%—
- Other holdings18.1%—
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 |
|---|---|---|---|---|---|
| $GOOGL | Alphabet Inc | 73.9K | $21.2M | -1.02K | 18.1% |
| $AMZN | Amazon.com Inc | 74.9K | $15.6M | -654 | 13.3% |
| $AAPL | Apple Inc | 53.3K | $13.5M | -870 | 11.5% |
| $TJX | TJX Companies Inc | 75K | $12M | -1.4K | 10.2% |
| $V | Visa Inc | 36.6K | $11.1M | -542 | 9.4% |
| $COST | Costco Wholesale Corporation | 6.87K | $6.85M | -105 | 5.8% |
| $ADBE | Adobe Inc | 27.5K | $6.69M | +1.24K | 5.7% |
| $MCO | Moody's Corporation | 14K | $6.1M | -102 | 5.2% |
| $CPRT | Copart Inc | 172K | $5.72M | -1.78K | 4.9% |
| $ALGN | Align Technology Inc | 33.3K | $5.71M | +6.02K | 4.9% |
…and 7 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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