Millington Financial Advisors, LLC
SEC Form 13F institutional filer · CIK 0001924615
13F-HR · 42 reported holdings · 2026-03-31
Reported long-US-equity value
$0.09B
Top-10 concentration
65.4%
Millington Financial Advisors, LLC — $91.5M AUM allocation strategy
Millington Financial Advisors, LLC files SEC Form 13F and reports $91.5M of long US equity value across 42 reported holdings for 2026-03-31.
Its largest sector bet is Financials 23.7%, followed by Information Technology 15.9% and Industrials 8.9%.
The top 10 holdings account for 65% 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.
Millington Financial Advisors, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$91.5M
total across 42 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
65% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SPGI +13.1K sh · +$884K+$IVV +5.34K sh · +$604K+$DD +1.35K sh · +$61.6K
Biggest trims (shares)
−$BNY −1.5K sh · +$94.3K−$URTY −1.05K sh · +$1.68K−$CTVA −1.02K sh · +$206K
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)
- Financial Exchanges & Data18.1%—
- Systems Software6.1%—
- Construction & Engineering5.2%—
- Semiconductors5.2%—
- Asset Management & Custody Banks4.0%—
- Fertilizers & Agricultural Chemicals3.6%—
- Hotels, Resorts & Cruise Lines3.4%—
- Biotechnology3.0%—
- Other holdings51.5%—
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
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SPGI | S&P Global Inc | 312K | $16.5M | +13.1K | 18.0% |
| $PWR | Quanta Services Inc | 7.45K | $4.75M | -114 | 5.2% |
| $NVDA | NVIDIA Corporation | 21.8K | $4.72M | -48 | 5.2% |
| $BNY | The Bank of New York Mellon Corporation | 27.7K | $3.72M | -1.5K | 4.1% |
| $MSFT | Microsoft Corporation | 7.75K | $3.29M | +177 | 3.6% |
| $CTVA | Corteva Inc | 41.1K | $3.26M | -1.02K | 3.6% |
| $EXPE | Expedia Group Inc | 12.7K | $3.11M | +173 | 3.4% |
| $INCY | Incyte Corp | 28.7K | $2.74M | -899 | 3.0% |
…and 34 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
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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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