Provenance Wealth 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 9 quarters, returned +4.2% per quarter — versus +4.0% per quarter from simply owning every 13F stock. It beat that baseline in only 33.3% 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 412 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| ITOT | $215M | | TRIM |
| MOAT | $84M | | TRIM |
| VXUS | $77M | | TRIM |
| EVTR | $71M | | NEW |
| JFLX | $71M | | HOLD |
| VIG | $55M | | TRIM |
| JGRO | $47M | | TRIM |
| AGG | $36M | | HOLD |
| EEM | $36M | | HOLD |
| IWV | $29M | | TRIM |
| SPY | $25M | | TRIM |
| SPYV | $24M | | HOLD |
| FLHY | $20M | | NEW |
| NVDA | $16M | | TRIM |
| IEFA | $11M | | ADD |
| AAPL | $10M | | ADD |
| EFA | $9M | | HOLD |
| IWF | $8M | | HOLD |
| QQQ | $6M | | HOLD |
| SPHQ | $5M | | TRIM |
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.