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Carson Advisory Inc.

SEC Form 13F institutional filer · CIK 0001909304

13F-HR · 118 reported holdings · 2026-03-31

Reported long-US-equity value

$0.14B

Top-10 concentration

44.7%

Carson Advisory Inc. — $142M AUM allocation strategy

Carson Advisory Inc. files SEC Form 13F and reports $142M of long US equity value across 118 reported holdings for 2026-03-31.

Its largest sector bet is Financials 21.8%, followed by Utilities 17.7% and Information Technology 8.0%.

The top 10 holdings account for 45% of reported value — a broadly spread portfolio. 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.

Carson Advisory Inc. — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$142M

total across 118 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

45% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$TROW$GIS$SCHW

+$TROW +57.8K sh · +$737K+$GIS +10.3K sh · +$320K+$SCHW +6.72K sh · +$167K

Biggest trims (shares)

$T$BEN$AES

−$T −6.01K sh · +$84.2K−$BEN −5.67K sh · −$49.1K−$AES −5.32K sh · −$151K

Added from nil (new positions)

$DE$LMT$LIN$PSX$WMB

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$UNH$AXP$XLF$TT

$UNH ($266K last qtr)$AXP ($247K last qtr)$XLF ($215K last qtr)$TT ($208K last qtr)

Sector allocation (share of reported value)

Financials 22%Utilities 18%Information Technology 8%Consumer Discretionary 7%Health Care 2%Industrials 1%Consumer Staples 1%ETFs 1%Other holdings 40%SECTORS
  • $XLFFinancials21.8%
  • $XLUUtilities17.7%
  • $XLKInformation Technology8.0%
  • $XLYConsumer Discretionary7.0%
  • $XLVHealth Care1.7%
  • $XLIIndustrials1.3%
  • $XLPConsumer Staples1.2%
  • ETFs1.2%
  • Other holdings40.0%

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)

Asset Management & Custody Banks 13%Electric Utilities 11%Home Improvement Retail 7%Multi-Sector Holdings 5%Diversified Banks 4%Technology Hardware, Storage & Peripherals 3%Multi-Utilities 3%Independent Power Producers & Energy Traders 3%Other holdings 50%INDUSTRIES
  • Asset Management & Custody Banks13.0%
  • Electric Utilities11.4%
  • Home Improvement Retail7.0%
  • Multi-Sector Holdings5.0%
  • Diversified Banks3.8%
  • Technology Hardware, Storage & Peripherals3.4%
  • Multi-Utilities3.2%
  • Independent Power Producers & Energy Traders2.9%
  • Other holdings50.1%

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 ↓

TickerHoldingSharesValueΔ QoQWeight
$TROWT. Rowe Price Group Inc369K$11.7M+57.8K8.3%
$HDHome Depot Inc30.5K$10M+587.1%
$BRK.BBerkshire Hathaway Inc.-Class B14.8K$7.11M+455.0%
$SOSouthern Company71.5K$6.9M+764.8%
$EIXEdison International73.3K$5.36M-8423.8%
$AAPLApple Inc19K$4.81M+2413.4%
$BLKBlackRock Inc92.5K$4.81M+5.19K3.4%
$DDominion Energy Inc75.2K$4.65M+2583.3%
$AESThe AES Corporation298K$4.2M-5.32K2.9%
$DUKDuke Energy Corporation30.8K$4.03M-1342.8%

…and 108 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 IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-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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