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MILESTONE ASSET MANAGEMENT, LLC

SEC Form 13F institutional filer · CIK 0001964722

13F-HR · 93 reported holdings · 2026-03-31

Reported long-US-equity value

$0.21B

Top-10 concentration

44.9%

MILESTONE ASSET MANAGEMENT, LLC — $213M AUM allocation strategy

MILESTONE ASSET MANAGEMENT, LLC files SEC Form 13F and reports $213M of long US equity value across 93 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 22.4%, followed by Financials 10.8% and Health Care 8.4%.

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.

MILESTONE ASSET MANAGEMENT, LLC — latest SEC 13F insights

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

$213M

total across 93 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)

$IVV$BMY$IVZ

+$IVV +266K sh · +$17.1M+$BMY +82K sh · +$5.25M+$IVZ +68.3K sh · +$3.37M

Biggest trims (shares)

$WMT$PLTR$GILD

−$WMT −49K sh · −$5.3M−$PLTR −42.9K sh · −$8.18M−$GILD −40.4K sh · −$4.82M

Added from nil (new positions)

$BLK$AMAT$UBER$EXPE$CAH

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$VST$PYPL$PG$KHC$KMB

$VST ($3.86M last qtr)$PYPL ($1.21M last qtr)$PG ($1.19M last qtr)$KHC ($1.11M last qtr)$KMB ($1.1M last qtr)

Sector allocation (share of reported value)

Information Technology 22%ETFs 12%Financials 11%Health Care 8%Industrials 4%Consumer Staples 3%Communication Services 2%Other holdings 37%SECTORS
  • $XLKInformation Technology22.4%
  • ETFs12.1%
  • $XLFFinancials10.8%
  • $XLVHealth Care8.4%
  • $XLIIndustrials4.4%
  • $XLPConsumer Staples2.9%
  • $XLCCommunication Services2.5%
  • Other holdings36.7%

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)

Technology Hardware, Storage & Peripherals 9%Asset Management & Custody Banks 7%Pharmaceuticals 6%Semiconductors 4%Application Software 4%Semiconductor Materials & Equipment 4%Consumer Staples Merchandise Retail 3%Biotechnology 3%Other holdings 61%INDUSTRIES
  • Technology Hardware, Storage & Peripherals9.1%
  • Asset Management & Custody Banks7.4%
  • Pharmaceuticals5.7%
  • Semiconductors4.2%
  • Application Software3.7%
  • Semiconductor Materials & Equipment3.7%
  • Consumer Staples Merchandise Retail2.9%
  • Biotechnology2.7%
  • Other holdings60.7%

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

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AAPLApple Inc76K$19.3M-2.8K9.0%
$IVZInvesco Ltd362K$9.33M+68.3K4.4%
$NVDANVIDIA Corporation51.6K$9.01M-34.9K4.2%
$BMYBristol-Myers Squibb Company124K$7.5M+82K3.5%
$BLKBlackRock Inc56K$6.33M3.0%
$COSTCostco Wholesale Corporation6.09K$6.07M+4.05K2.8%
$ABBVAbbVie Inc26.3K$5.71M+2572.7%
$NFLXNetflix Inc54.8K$5.27M+48.2K2.5%
$CATCaterpillar Inc6.91K$4.9M+3.82K2.3%

…and 84 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 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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