Stephenson & Company, Inc.
SEC Form 13F institutional filer · CIK 0002001544
13F-HR · 21 reported holdings · 2026-03-31
Reported long-US-equity value
$0.11B
Top-10 concentration
97.5%
Stephenson & Company, Inc. — $108M AUM allocation strategy
Stephenson & Company, Inc. files SEC Form 13F and reports $108M of long US equity value across 21 reported holdings for 2026-03-31.
Its largest sector bet is Financials 48.9%, followed by Information Technology 3.0% and Industrials 1.6%.
The top 10 holdings account for 98% 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.
Stephenson & Company, Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$108M
total across 21 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
98% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +6.89K sh · +$800K+$IVZ +3.72K sh · +$761K+$BRK.B +1.79K sh · −$374K
Biggest trims (shares)
−$IWM −139 sh · −$11.9K−$AAPL −25 sh · −$145K−$GOOGL −25 sh · −$28.1K
Exited to nil (held last quarter, gone now)
$BNY ($467K last qtr)$UNH ($224K last qtr)$NKE ($222K last qtr)$FIS ($220K 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 Banks24.3%—
- Multi-Sector Holdings24.2%—
- Technology Hardware, Storage & Peripherals1.8%—
- Aerospace & Defense1.3%—
- Semiconductors0.6%—
- Integrated Oil & Gas0.5%—
- Communications Equipment0.4%—
- Agricultural & Farm Machinery0.3%—
- Other holdings46.7%—
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
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 136K | $26.1M | +3.72K | 24.3% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 54.3K | $26M | +1.79K | 24.2% |
| $AAPL | Apple Inc | 7.64K | $1.94M | -25 | 1.8% |
| $HONA | Honeywell Aerospace Inc | 2 | $1.44M | +0 | 1.3% |
| $NVDA | NVIDIA Corporation | 3.83K | $668K | +112 | 0.6% |
| $ANET | Arista Networks Inc | 3.69K | $453K | +7 | 0.4% |
| $DE | Deere & Company | 519 | $292K | +0 | 0.3% |
…and 14 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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