Payne Capital Management, LLC
SEC Form 13F institutional filer · CIK 0001994332
13F-HR · 45 reported holdings · 2026-03-31
Reported long-US-equity value
$0.11B
Top-10 concentration
87.4%
Payne Capital Management, LLC — $111M AUM allocation strategy
Payne Capital Management, LLC files SEC Form 13F and reports $111M of long US equity value across 45 reported holdings for 2026-03-31.
Its largest sector bet is Financials 74.8%, followed by Information Technology 7.4% and Health Care 2.0%.
The top 10 holdings account for 87% 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.
Payne Capital Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$111M
total across 45 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
87% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SCHW +48.1K sh · +$1.05M+$IVV +6.9K sh · +$20.2K+$XOM +717 sh · +$481K
Biggest trims (shares)
−$UNP −453 sh · −$87.5K−$TSLA −341 sh · −$231K−$XLK −330 sh · −$71K
Exited to nil (held last quarter, gone now)
$CVX ($280K last qtr)$TFC ($246K last qtr)$IBM ($235K last qtr)$CEG ($232K last qtr)$V ($229K 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 & Brokerage71.0%—
- Technology Hardware, Storage & Peripherals3.1%—
- Semiconductors2.9%—
- Financial Exchanges & Data2.1%—
- Pharmaceuticals1.5%—
- Systems Software1.5%—
- Integrated Oil & Gas1.2%—
- Multi-Sector Holdings0.9%—
- Other holdings15.8%—
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 | 2.87M | $78.5M | +48.1K | 70.4% |
| $AAPL | Apple Inc | 13.4K | $3.4M | +26 | 3.0% |
| $NVDA | NVIDIA Corporation | 18.5K | $3.22M | -66 | 2.9% |
| $SPGI | S&P Global Inc | 23.3K | $2.43M | +305 | 2.2% |
| $MRK | Merck & Company Inc | 13.8K | $1.66M | -49 | 1.5% |
| $MSFT | Microsoft Corporation | 4.47K | $1.66M | +182 | 1.5% |
| $XOM | ExxonMobil Holdings Corporation | 8.01K | $1.36M | +717 | 1.2% |
…and 38 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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