Destination Wealth Management
"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.
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 32 quarters, returned +3.8% per quarter — versus +2.7% per quarter from simply owning every 13F stock. It beat that baseline in only 53.1% of quarters (excess t = 1.72, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 303 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| AAPL | $218M | | HOLD |
| AGG | $167M | | ADD |
| IJR | $104M | | HOLD |
| IEMG | $98M | | ADD |
| SDY | $92M | | TRIM |
| GOOGL | $87M | | TRIM |
| TLH | $87M | | ADD |
| LQDH | $86M | | ADD |
| STIP | $85M | | ADD |
| PYLD | $84M | | ADD |
| IGSB | $81M | | ADD |
| COST | $75M | | HOLD |
| IGM | $74M | | HOLD |
| MSFT | $73M | | ADD |
| IJH | $71M | | HOLD |
| IDU | $70M | | HOLD |
| IVV | $70M | | TRIM |
| JNJ | $69M | | TRIM |
| AMZN | $68M | | HOLD |
| EFA | $64M | | ADD |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
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.