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Bannerstone Capital Management, LLC

SEC Form 13F institutional filer · CIK 0002083499

13F-HR · 69 reported holdings · 2026-03-31

Reported long-US-equity value

$0.08B

Top-10 concentration

48.2%

Bannerstone Capital Management, LLC — $77.5M AUM allocation strategy

Bannerstone Capital Management, LLC files SEC Form 13F and reports $77.5M of long US equity value across 69 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 27.0%, followed by Financials 23.2% and Industrials 7.5%.

The top 10 holdings account for 48% 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.

Bannerstone Capital Management, LLC — latest SEC 13F insights

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

$77.5M

total across 69 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

48% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$LRCX$PLTR$SPY

+$LRCX +1.7K sh · +$782K+$PLTR +834 sh · −$966K+$SPY +747 sh · −$35.2K

Biggest trims (shares)

$NFLX$VST$CME

−$NFLX −4.77K sh · −$441K−$VST −3.9K sh · −$655K−$CME −742 sh · −$126K

Added from nil (new positions)

$TER$LHX$CHRW$SBUX$WMT

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$VRT$HOOD$BLK$VRTX$DASH

$VRT ($1.57M last qtr)$HOOD ($822K last qtr)$BLK ($621K last qtr)$VRTX ($608K last qtr)$DASH ($393K last qtr)

Sector allocation (share of reported value)

Information Technology 27%Financials 23%Industrials 7%ETFs 6%Health Care 2%Consumer Discretionary 2%Other holdings 32%SECTORS
  • $XLKInformation Technology27.0%
  • $XLFFinancials23.2%
  • $XLIIndustrials7.5%
  • ETFs6.2%
  • $XLVHealth Care2.2%
  • $XLYConsumer Discretionary1.8%
  • Other holdings32.1%

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)

Application Software 7%Semiconductors 7%Technology Hardware, Storage & Peripherals 7%Multi-Sector Holdings 6%Construction & Engineering 5%Investment Banking & Brokerage 5%Financial Exchanges & Data 4%Diversified Banks 4%Other holdings 56%INDUSTRIES
  • Application Software6.9%
  • Semiconductors6.9%
  • Technology Hardware, Storage & Peripherals6.5%
  • Multi-Sector Holdings6.0%
  • Construction & Engineering5.3%
  • Investment Banking & Brokerage4.5%
  • Financial Exchanges & Data3.9%
  • Diversified Banks3.7%
  • Other holdings56.3%

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

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$PLTRPalantir Technologies Inc36.4K$5.36M+8346.9%
$NVDANVIDIA Corporation30.4K$5.31M-4536.9%
$AAPLApple Inc20K$5.07M+126.5%
$BRK.BBerkshire Hathaway Inc.-Class B9.63K$4.61M-3546.0%
$GSGoldman Sachs Group Inc4.18K$3.54M+414.6%
$FDSFactSet Research Systems Inc13.7K$2.98M+03.8%
$JPMJP Morgan Chase & Co9.72K$2.86M-263.7%
$MSFTMicrosoft Corporation7.22K$2.67M+913.4%
$LRCXLam Research Corporation11.8K$2.51M+1.7K3.2%
$PWRQuanta Services Inc4.36K$2.39M+63.1%

…and 59 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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