13F
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WEALTHCARE CAPITAL MANAGEMENT LLC

13F equity value
$1000M
Positions
94
Top 10 concentration
86.3%
Quarters / total new picks
22 / 928
13F equity value over time
$0M$545M$1B2017201820192020202120222023202420252026

"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 22 quarters, returned +0.4% per quarter — versus +2.5% per quarter from simply owning every 13F stock. It beat that baseline in only 45.5% of quarters (excess t = 1.07, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+2.9%
t-stat
1.07
Quarterly win rate
46%
Annualized excess
-11.0%
$1 → follow vs universe
$0.87 vs $1.56
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180930: universe 1.08920181231: universe 1.07720190331: universe 1.05820190630: universe 1.13820190930: universe 1.22320191231: universe 0.98720200331: universe 1.19020210331: universe 1.20020211231: universe 1.02220220331: universe 1.09720220630: universe 1.01620221231: universe 0.94420230331: universe 0.99420230630: universe 0.95920230930: universe 1.08820231231: universe 1.13720240630: universe 1.24020240930: universe 1.22920250331: universe 1.34020250930: universe 1.50720251231: universe 1.559 20180331: follow 0.94420180930: follow 0.93920181231: follow 0.91620190331: follow 0.92820190630: follow 0.95520190930: follow 1.06020191231: follow 0.88720200331: follow 1.11220210331: follow 1.16720211231: follow 0.90920220331: follow 0.92820220630: follow 0.60520221231: follow 0.59920230331: follow 0.75220230630: follow 0.81620230930: follow 0.83620231231: follow 0.96420240630: follow 0.92720240930: follow 1.00520250331: follow 0.99920250930: follow 1.03920251231: follow 0.867 0.55 1.12 1.68 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 94 · 2026 Q1

Ticker Value Weight QoQ
VTI $348M
34.8%
HOLD
IEF $173M
17.3%
TRIM
STIP $95M
9.5%
ADD
CAOS $93M
9.3%
ADD
VEU $71M
7.1%
HOLD
PSLV $26M
2.6%
TRIM
UTEN $17M
1.7%
ADD
PHYS $17M
1.7%
TRIM
IEI $11M
1.1%
ADD
SCHP $11M
1.1%
ADD
MUB $11M
1.1%
ADD
IVZ $11M
1.1%
TRIM
ITOT $10M
1.0%
ADD
BNDX $10M
1.0%
NEW
USFR $9M
0.9%
ADD
TFI $8M
0.8%
HOLD
SPYM $8M
0.8%
TRIM
IXUS $3M
0.3%
TRIM
IWV $3M
0.3%
HOLD
DSI $3M
0.3%
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

BNDXDFAIDFCFDFUSIWBREMXSOVB

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.