13F
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GREENWOOD GEARHART INC

13F equity value
$1.8B
Positions
134
Top 10 concentration
47.1%
Quarters / total new picks
27 / 243
13F equity value over time
$0M$925M$2B2017201820192020202120222023202420252026

"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 +4.2% per quarter — versus +1.8% per quarter from simply owning every 13F stock. It beat that baseline in only 70.4% of quarters (excess t = 1.66, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+4.2%
t-stat
1.66
Quarterly win rate
70%
Annualized excess
+9.7%
$1 → follow vs universe
$2.63 vs $1.46
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320190331: universe 0.98520190630: universe 1.05920191231: universe 0.85520200331: universe 1.03020200630: universe 1.13820201231: universe 1.19020210331: universe 1.20020210630: universe 1.29620210930: universe 1.16420211231: universe 0.99020220331: universe 1.06320220630: universe 0.98520221231: universe 0.91520230331: universe 0.96420230630: universe 0.92920230930: universe 1.05520231231: universe 1.10220240630: universe 1.20220240930: universe 1.19220241231: universe 1.11220250331: universe 1.21320250630: universe 1.25120250930: universe 1.40720251231: universe 1.455 20180331: follow 1.08320180630: follow 0.91820180930: follow 0.97020190331: follow 0.96020190630: follow 1.09020191231: follow 0.89820200331: follow 1.07120200630: follow 1.22420201231: follow 1.20720210331: follow 1.28120210630: follow 1.26120210930: follow 1.24620211231: follow 1.10820220331: follow 1.34120220630: follow 1.33520221231: follow 1.29120230331: follow 1.56520230630: follow 1.36520230930: follow 1.53520231231: follow 1.61720240630: follow 1.59720240930: follow 1.66120241231: follow 1.65820250331: follow 1.77620250630: follow 1.90420250930: follow 2.26320251231: follow 2.628 0.79 1.81 2.84 20182019202020212022202320242025 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 134 · 2026 Q1

Ticker Value Weight QoQ
VOO $166M
9.0%
ADD
VXUS $110M
6.0%
ADD
IGIB $91M
4.9%
ADD
SCHX $90M
4.9%
TRIM
JPST $88M
4.8%
ADD
IEF $76M
4.1%
ADD
WMT $71M
3.9%
TRIM
XLV $68M
3.7%
ADD
AAPL $57M
3.1%
ADD
IGSB $52M
2.8%
ADD
QQQ $50M
2.7%
ADD
NVDA $49M
2.7%
ADD
VEA $48M
2.6%
ADD
RSP $46M
2.5%
ADD
GOOG $46M
2.5%
ADD
IWM $43M
2.3%
ADD
JBHT $42M
2.3%
HOLD
IJH $41M
2.2%
ADD
XLI $41M
2.2%
ADD
MSFT $40M
2.1%
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.