13F
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HBW ADVISORY SERVICES LLC

13F equity value
$949M
Positions
444
Top 10 concentration
25.6%
Quarters / total new picks
24 / 322
13F equity value over time
$0M$487M$974M20192020202120222023202420252026

"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 24 quarters, returned +3.7% per quarter — versus +3.0% per quarter from simply owning every 13F stock. It beat that baseline in only 37.5% of quarters (excess t = 1.29, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+3.1%
t-stat
1.29
Quarterly win rate
38%
Annualized excess
+3.3%
$1 → follow vs universe
$2.16 vs $1.81
Cumulative return: $1 invested in new picks vs universe
1.00 20191231: universe 0.80720200331: universe 0.97320200630: universe 1.07420200930: universe 1.31820201231: universe 1.37820210331: universe 1.39020210630: universe 1.50120210930: universe 1.34820211231: universe 1.14720220331: universe 1.23120220630: universe 1.14120220930: universe 1.22520221231: universe 1.13820230331: universe 1.19920230630: universe 1.15620230930: universe 1.31220231231: universe 1.37120240630: universe 1.49620240930: universe 1.48320241231: universe 1.38420250331: universe 1.50920250630: universe 1.55620250930: universe 1.75020251231: universe 1.810 20191231: follow 0.91320200331: follow 1.06220200630: follow 1.12920200930: follow 1.34220201231: follow 1.38520210331: follow 1.46720210630: follow 1.45720210930: follow 1.27420211231: follow 1.18720220331: follow 1.19720220630: follow 1.22320220930: follow 1.25020221231: follow 1.26020230331: follow 1.32220230630: follow 1.30320230930: follow 1.76320231231: follow 1.82720240630: follow 1.95120240930: follow 1.91320241231: follow 1.84520250331: follow 1.96120250630: follow 1.98920250930: follow 2.30220251231: follow 2.163 0.74 1.61 2.49 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 444 · 2026 Q1

Ticker Value Weight QoQ
VOO $51M
5.3%
HOLD
QQQ $31M
3.3%
TRIM
SPMO $27M
2.9%
ADD
JEPI $25M
2.6%
TRIM
BUFR $22M
2.3%
ADD
JPIE $19M
2.0%
ADD
COWZ $17M
1.8%
TRIM
SPTM $16M
1.7%
HOLD
PAVE $14M
1.5%
TRIM
MOAT $14M
1.5%
TRIM
AAPL $12M
1.3%
TRIM
JPST $12M
1.2%
ADD
RDVY $11M
1.1%
ADD
SCHG $11M
1.1%
ADD
AMZN $11M
1.1%
HOLD
FTCB $10M
1.1%
ADD
SCHD $10M
1.1%
HOLD
UCON $10M
1.1%
ADD
MSFT $10M
1.0%
ADD
XLK $10M
1.0%
TRIM

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

ACHRAMATAPDAVEMAVLVBWXTCAIECMICSXETNFBCGFENIFENYFESMFIDUFLTRFMDEFUTYGDXJGMARGNRCHBANIBPICVTIYMIYTJAAAJCILNGMDLZ

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.