Heritage Wealth Management, Inc. /CA/
SEC Form 13F institutional filer · CIK 0002012170
13F-HR · 50 reported holdings · 2026-03-31
Reported long-US-equity value
$0.07B
Top-10 concentration
69.2%
Heritage Wealth Management, Inc. /CA/ — $74.2M AUM allocation strategy
Heritage Wealth Management, Inc. /CA/ files SEC Form 13F and reports $74.2M of long US equity value across 50 reported holdings for 2026-03-31.
Its largest sector bet is Financials 28.9%, followed by Information Technology 27.1% and Communication Services 4.5%.
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.
Heritage Wealth Management, Inc. /CA/ — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$74.2M
total across 50 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
69% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +43.6K sh · +$1.41M+$SCHW +36.3K sh · −$261K+$BLK +1.72K sh · +$109K
Biggest trims (shares)
−$AMCR −22.1K sh · +$26.6K−$USB −19K sh · −$948K−$INTC −600 sh · +$99.6K
Exited to nil (held last quarter, gone now)
$UNH ($272K last qtr)$NKE ($218K last qtr)$MA ($206K last qtr)$AXP ($203K 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 & Brokerage22.2%—
- Semiconductors9.8%—
- Technology Hardware, Storage & Peripherals9.1%—
- Application Software5.7%—
- Interactive Media & Services4.5%—
- Financial Exchanges & Data3.8%—
- Asset Management & Custody Banks3.0%—
- Systems Software2.4%—
- Other holdings39.6%—
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 ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 595K | $16.4M | +36.3K | 22.1% |
| $AAPL | Apple Inc | 26.6K | $6.76M | +324 | 9.1% |
| $AVGO | Broadcom Inc | 14.8K | $4.59M | -18 | 6.2% |
| $PLTR | Palantir Technologies Inc | 29.1K | $4.25M | -38 | 5.7% |
| $SPGI | S&P Global Inc | 21.4K | $2.83M | +1.68K | 3.8% |
| $BLK | BlackRock Inc | 27.6K | $2.2M | +1.72K | 3.0% |
| $NVDA | NVIDIA Corporation | 11K | $1.93M | +537 | 2.6% |
| $MSFT | Microsoft Corporation | 4.9K | $1.81M | +26 | 2.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 5.92K | $1.7M | -43 | 2.3% |
…and 41 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.