13F
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Trek Financial, LLC

13F equity value
$1.9B
Positions
470
Top 10 concentration
22.8%
Quarters / total new picks
26 / 742
13F equity value over time
$0M$941M$2B201820192020202120222023202420252026

"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 26 quarters, returned +2.4% per quarter — versus +2.3% per quarter from simply owning every 13F stock. It beat that baseline in only 50.0% of quarters (excess t = 0.70, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+1.3%
t-stat
0.70
Quarterly win rate
50%
Annualized excess
+0.9%
$1 → follow vs universe
$1.71 vs $1.62
Cumulative return: $1 invested in new picks vs universe
1.00 20190331: universe 0.98320190630: universe 1.05620191231: universe 0.85220200630: universe 0.94120200930: universe 1.15520201231: universe 1.20720210331: universe 1.21820210630: universe 1.31620210930: universe 1.18120211231: universe 1.00520220331: universe 1.07920220630: universe 1.00020220930: universe 1.07420221231: universe 0.99720230331: universe 1.05120230630: universe 1.01320230930: universe 1.15020231231: universe 1.20120240331: universe 1.22820240630: universe 1.34020240930: universe 1.32820241231: universe 1.24020250331: universe 1.35220250630: universe 1.39420250930: universe 1.56820251231: universe 1.622 20190331: follow 1.00420190630: follow 1.02020191231: follow 0.81020200630: follow 0.81120200930: follow 0.94820201231: follow 1.00620210331: follow 1.04420210630: follow 1.10720210930: follow 1.05920211231: follow 0.98520220331: follow 0.99820220630: follow 0.98020220930: follow 1.01620221231: follow 0.95720230331: follow 1.00420230630: follow 1.02320230930: follow 1.14420231231: follow 1.21320240331: follow 1.22420240630: follow 1.37220240930: follow 1.29120241231: follow 1.27220250331: follow 1.29320250630: follow 1.35720250930: follow 1.67320251231: follow 1.711 0.75 1.30 1.85 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 470 · 2026 Q1

Ticker Value Weight QoQ
XLK $93M
4.9%
ADD
SGOV $66M
3.5%
ADD
SJB $42M
2.2%
NEW
VXX $39M
2.1%
ADD
IEMG $39M
2.1%
TRIM
TLT $33M
1.7%
ADD
IUSB $32M
1.7%
ADD
XLY $29M
1.6%
ADD
IVV $28M
1.5%
ADD
IEFA $28M
1.5%
ADD
XLV $27M
1.4%
HOLD
AGG $26M
1.4%
ADD
OILK $26M
1.4%
NEW
IVE $25M
1.4%
HOLD
VOO $24M
1.3%
TRIM
IVW $23M
1.2%
ADD
DYNF $23M
1.2%
TRIM
XLF $20M
1.1%
TRIM
BLV $20M
1.1%
NEW
EFV $19M
1.0%
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

AAXJAMLPARMAVTBBLBDBLVBTALBTUCAAPCCCDCCECEMBCFCIBCNQCRCLCRWDCVSADINODOWDUKDVNEATECHEOGEQNREWZEZPW

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.