13F
← All fund report cards

Ashton Thomas Private Wealth, LLC

13F equity value
$4.2B
Positions
1,502
Top 10 concentration
19.0%
Quarters / total new picks
27 / 1,576
13F equity value over time
$0M$2B$4B20192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 27 quarters, returned +3.0% per quarter — versus +3.3% per quarter from simply owning every 13F stock. It beat that baseline in only 51.9% of quarters (excess t = 0.47, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+0.6%
t-stat
0.47
Quarterly win rate
52%
Annualized excess
-0.5%
$1 → follow vs universe
$2.08 vs $2.14
Cumulative return: $1 invested in new picks vs universe
1.00 20190630: universe 1.07520190930: universe 1.15620191231: universe 0.93320200331: universe 1.12420200630: universe 1.24220200930: universe 1.52320201231: universe 1.59320210331: universe 1.60720210630: universe 1.73520210930: universe 1.55820211231: universe 1.32620220331: universe 1.42320220630: universe 1.31820220930: universe 1.41620221231: universe 1.31520230331: universe 1.38620230630: universe 1.33620230930: universe 1.51720231231: universe 1.58520240331: universe 1.62020240630: universe 1.76720240930: universe 1.75220241231: universe 1.63520250331: universe 1.78320250630: universe 1.83920250930: universe 2.06820251231: universe 2.139 20190630: follow 1.01720190930: follow 1.10220191231: follow 0.91220200331: follow 1.02620200630: follow 1.12220200930: follow 1.24920201231: follow 1.36820210331: follow 1.44520210630: follow 1.47020210930: follow 1.37820211231: follow 1.22220220331: follow 1.25520220630: follow 1.21920220930: follow 1.28020221231: follow 1.19420230331: follow 1.23720230630: follow 1.21220230930: follow 1.31620231231: follow 1.36120240331: follow 1.41620240630: follow 1.53020240930: follow 1.54820241231: follow 1.52520250331: follow 1.68820250630: follow 1.86920250930: follow 2.02720251231: follow 2.076 0.84 1.57 2.31 2019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 1502 · 2026 Q1

Ticker Value Weight QoQ
BIL $176M
4.2%
TRIM
AAPL $148M
3.5%
ADD
XLK $97M
2.3%
HOLD
NVDA $66M
1.6%
ADD
IVV $65M
1.5%
TRIM
MSFT $63M
1.5%
HOLD
CHYM $53M
1.3%
TRIM
SSUS $52M
1.2%
TRIM
SPY $42M
1.0%
ADD
AMZN $42M
1.0%
ADD
CHRW $42M
1.0%
HOLD
VO $39M
0.9%
ADD
GOOGL $38M
0.9%
ADD
AVGO $38M
0.9%
HOLD
SCHX $36M
0.9%
HOLD
GOOG $36M
0.9%
HOLD
BILS $36M
0.9%
TRIM
BOXX $36M
0.9%
NEW
GLD $35M
0.8%
TRIM
AMGN $35M
0.8%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.