Drake & Associates, LLC
SEC Form 13F institutional filer · CIK 0001935795
13F-HR · 68 reported holdings · 2026-03-31
Reported long-US-equity value
$0.15B
Top-10 concentration
69.5%
Drake & Associates, LLC — $149M AUM allocation strategy
Drake & Associates, LLC files SEC Form 13F and reports $149M of long US equity value across 68 reported holdings for 2026-03-31.
Its largest sector bet is Financials 21.3%, followed by Information Technology 6.6% and Consumer Staples 4.1%.
The top 10 holdings account for 69% 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.
Drake & Associates, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$149M
total across 68 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
69% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +75.6K sh · +$3.8M+$IVV +62.8K sh · +$4.94M+$QQQM +8.4K sh · +$1.13M
Biggest trims (shares)
−$BKR −13.7K sh · −$193K−$FTV −11.2K sh · −$617K−$NFLX −8.43K sh · −$779K
Exited to nil (held last quarter, gone now)
$LNT ($1.81M last qtr)$ED ($1.68M last qtr)$NI ($1.67M last qtr)$UBER ($1.01M last qtr)$ORCL ($928K 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)
- Asset Management & Custody Banks20.2%—
- Consumer Staples Merchandise Retail3.2%—
- Technology Hardware, Storage & Peripherals2.9%—
- Electric Utilities2.2%—
- Systems Software1.9%—
- Semiconductors1.8%—
- Broadline Retail1.2%—
- Diversified Banks1.2%—
- Other holdings65.5%—
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 |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 549K | $30.1M | +75.6K | 20.2% |
| $AAPL | Apple Inc | 16.7K | $4.24M | -2.89K | 2.8% |
| $MSFT | Microsoft Corporation | 7.68K | $2.84M | -1.5K | 1.9% |
| $NVDA | NVIDIA Corporation | 16K | $2.79M | -2.92K | 1.9% |
| $COST | Costco Wholesale Corporation | 2.44K | $2.43M | -1.05K | 1.6% |
| $WMT | Walmart Inc | 18.7K | $2.32M | -1.24K | 1.6% |
| $AMZN | Amazon.com Inc | 8.47K | $1.76M | -2.26K | 1.2% |
| $JPM | JP Morgan Chase & Co | 5.91K | $1.74M | -2.55K | 1.2% |
…and 60 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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