HALBERT HARGROVE GLOBAL ADVISORS, LLC
"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 31 quarters, returned +4.5% per quarter — versus +2.9% per quarter from simply owning every 13F stock. It beat that baseline in only 51.6% of quarters (excess t = 1.15, 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 361 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| IVV | $328M | | HOLD |
| NTSX | $283M | | HOLD |
| LRGF | $239M | | HOLD |
| IEFA | $168M | | HOLD |
| IEMG | $158M | | HOLD |
| NTSI | $137M | | HOLD |
| INTF | $130M | | HOLD |
| EEM | $62M | | TRIM |
| SPDW | $53M | | TRIM |
| SCZ | $29M | | TRIM |
| IWM | $21M | | TRIM |
| IWC | $14M | | TRIM |
| VEA | $12M | | TRIM |
| VONE | $9M | | TRIM |
| PYLD | $8M | | TRIM |
| IWB | $7M | | TRIM |
| BOND | $7M | | TRIM |
| JPIB | $6M | | TRIM |
| IWV | $6M | | TRIM |
| ESGU | $6M | | HOLD |
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.