Norris Financial Group, LLC
SEC Form 13F institutional filer · CIK 0002129318
13F-HR · 37 reported holdings · 2026-03-31
Reported long-US-equity value
$0.13B
Top-10 concentration
69.6%
Norris Financial Group, LLC — $132M AUM allocation strategy
Norris Financial Group, LLC files SEC Form 13F and reports $132M of long US equity value across 37 reported holdings for 2026-03-31.
Its largest sector bet is Financials 14.6%, followed by Information Technology 11.9% and Industrials 3.7%.
The top 10 holdings account for 70% 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.
Norris Financial Group, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$132M
total across 37 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
70% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PFE +70.2K sh · +$2.03M+$VTI +4.29K sh · +$952K+$OKE +2.73K sh · +$699K
Biggest trims (shares)
−$IVZ −65.2K sh · −$5.63M−$SPY −21.8K sh · −$16.2M−$QQQ −3.31K sh · −$2.7M
Exited to nil (held last quarter, gone now)
$UBER ($2.46M last qtr)$META ($338K last qtr)$SO ($284K last qtr)$KHC ($209K 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 Banks12.7%—
- Technology Hardware, Storage & Peripherals6.1%—
- Semiconductors5.8%—
- Interactive Media & Services2.9%—
- Broadline Retail2.7%—
- Gold2.1%—
- Oil & Gas Storage & Transportation2.0%—
- Air Freight & Logistics1.9%—
- Other holdings63.8%—
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
5 of 5 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $BLK | BlackRock Inc | 151K | $9.26M | — | 7.0% |
| $AAPL | Apple Inc | 31.6K | $8.03M | +102 | 6.1% |
| $IVZ | Invesco Ltd | 143K | $7.33M | -65.2K | 5.6% |
| $MU | Micron Technology Inc | 12K | $4.06M | -2.59K | 3.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 13.2K | $3.78M | +38 | 2.9% |
…and 32 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.