NOVEM GROUP
SEC Form 13F institutional filer · CIK 0001926783
13F-HR · 174 reported holdings · 2026-03-31
Reported long-US-equity value
$0.38B
Top-10 concentration
42.9%
NOVEM GROUP — $378M AUM allocation strategy
NOVEM GROUP files SEC Form 13F and reports $378M of long US equity value across 174 reported holdings for 2026-03-31.
Its largest sector bet is Financials 20.3%, followed by Information Technology 9.1% and Consumer Staples 3.3%.
The top 10 holdings account for 43% 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.
NOVEM GROUP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$378M
total across 174 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
43% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SCHW +104K sh · −$574K+$BLK +22.9K sh · +$1.93M+$IVV +8.89K sh · +$121K
Biggest trims (shares)
−$IVZ −151K sh · −$3.14M−$FSMD −145K sh · −$6.35M−$SPYM −19.8K sh · −$2.75M
Exited to nil (held last quarter, gone now)
$IFF ($480K last qtr)$APP ($306K last qtr)$DPZ ($293K last qtr)$AIG ($280K last qtr)$NEM ($248K 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)
- Investment Banking & Brokerage12.1%—
- Financial Exchanges & Data4.1%—
- Technology Hardware, Storage & Peripherals3.9%—
- Semiconductors3.6%—
- Consumer Staples Merchandise Retail3.3%—
- Oil & Gas Exploration & Production2.1%—
- Diversified Banks1.6%—
- Systems Software1.6%—
- Other holdings67.8%—
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
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 1.51M | $45.6M | +104K | 12.1% |
| $SPGI | S&P Global Inc | 238K | $15.4M | +2.44K | 4.1% |
| $AAPL | Apple Inc | 58.2K | $14.8M | -433 | 3.9% |
| $WMT | Walmart Inc | 65.1K | $8.09M | +520 | 2.1% |
| $COP | ConocoPhillips | 58.9K | $7.77M | +1K | 2.1% |
| $AVGO | Broadcom Inc | 24.4K | $7.55M | +1.56K | 2.0% |
| $JPM | JP Morgan Chase & Co | 20.9K | $6.14M | +108 | 1.6% |
…and 167 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.