1248 Management, LLC
CIK 2011147 · View on SEC EDGAR ↗
- Portfolio value
- $255.8M
- Positions
- 149
- As of
- June 30, 2026
#5,666 of 9,443 by 13F value · top 60.0%
Portfolio value QoQ: +24.2% 13F does not disclose cash
- Top 10 holdings weight
- 59.96%
- Top 25 holdings weight
- 84.33%
- Positions above 1%
- 17
- Effective number of positions
- 20.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 10.29% Est. buys $45,890,585 · sells $23,762,404
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 64.5% still held
- New positions
- 16
- Increased
- 23
- Decreased
- 16
- Closed
- 13
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +7.9% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 95.7% · Options excluded: 0.0%
Sector breakdown
Financial Services
35.4%
Technology
31.3%
Communication Services
8.0%
Financials
7.4%
Retail
5.6%
Industrials
5.0%
Healthcare
4.2%
Consumer Discretionary
1.0%
Energy
0.8%
Communications
0.4%
Utilities
0.1%
Materials
0.1%
Consumer products
0.1%
Telecommunication
0.1%
Real Estate
0.0%
Consumer Staples
0.0%
Other/Unmapped
0.3%
Full portfolio 149 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PSBD Palmer Square Capital BDC Inc. Common Stock | $34,448,238 | 13.47% | 3,186,701 | $4,487,448 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $18,866,231 | 7.37% | 52,792 | $3,935,003 | Up ×1 | ||
| APO Apollo Global Management, Inc. (New) Common Stock | $15,518,187 | 6.07% | 131,165 | $10,577,267 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $14,082,517 | 5.50% | 37,753 | $-125,241 | Down ×1 | ||
| SCHW Charles Schwab Corporation (The) Common Stock | $13,531,050 | 5.29% | 146,646 | $-215,052 | Up ×2 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $12,502,523 | 4.89% | 16,383 | $6,106,436 | |||
| HOOD Robinhood Markets, Inc. - Class A Common Stock | $12,277,243 | 4.80% | 122,430 | $3,792,870 | |||
| AMZN Amazon.com, Inc. - Common Stock | $11,442,634 | 4.47% | 48,010 | $1,740,854 | Up ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $10,713,105 | 4.19% | 32,729 | $1,085,613 | |||
| RJF Raymond James Financial, Inc. Common Stock | $9,999,068 | 3.91% | 65,770 | Up ×1 | |||
| OKTA Okta, Inc. - Class A Common Stock | $9,655,338 | 3.77% | 70,761 | $4,085,740 | |||
| NVDA NVIDIA Corporation - Common Stock | $9,649,740 | 3.77% | 48,227 | $1,238,469 | |||
| CRM Salesforce, Inc. Common Stock | $9,172,165 | 3.59% | 58,471 | $4,056,613 | Up ×3 | ||
| ORCL Oracle Corporation Common Stock | $8,002,012 | 3.13% | 54,603 | $-30,577 | |||
| ALL Allstate Corporation (The) Common Stock | $5,518,818 | 2.16% | 23,089 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $3,764,574 | 1.47% | 13,010 | $462,766 | |||
| ACHR Archer Aviation Inc. Class A Common Stock | $2,907,190 | 1.14% | 614,628 | $-270,437 | |||
| LLY Eli Lilly and Company Common Stock | $2,167,370 | 0.85% | 1,807 | $773,918 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $2,165,641 | 0.85% | 5,733 | $802,868 | Up ×1 | ||
| GLW Corning Incorporated Common Stock | $2,120,580 | 0.83% | 8,302 | $496,010 | Down ×1 | ||
| DHR Danaher Corporation Common Stock | $1,565,216 | 0.61% | 8,200 | ||||
| GEV GE Vernova Inc. Common Stock | $1,493,883 | 0.58% | 1,271 | $-100,072 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,445,965 | 0.57% | 2,567 | $-22,693 | |||
| MU Micron Technology, Inc. - Common Stock | $1,416,314 | 0.55% | 1,227 | $1,387,247 | Up ×1 | ||
| KLAC KLA Corporation - Common Stock | $1,314,852 | 0.51% | 4,358 | $418,154 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $1,233,539 | 0.48% | 4,902 | $167,403 | |||
| TDY Teledyne Technologies Incorporated Common Stock | $1,163,074 | 0.45% | 1,744 | $107,937 | |||
| CDNS Cadence Design Systems, Inc. - Common Stock | $1,071,163 | 0.42% | 2,854 | $278,122 | |||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $1,056,549 | 0.41% | 2,208 | $308,282 | |||
| PANW Palo Alto Networks, Inc. - Common Stock | $1,030,903 | 0.40% | 3,023 | $259,603 | Down ×2 | ||
| V Visa Inc. | $1,016,576 | 0.40% | 2,963 | $121,039 | |||
| C Citigroup, Inc. Common Stock | $976,361 | 0.38% | 6,976 | $185,213 | |||
| PNC PNC Financial Services Group, Inc. (The) Common Stock | $970,353 | 0.38% | 3,941 | $150,270 | |||
| BSX Boston Scientific Corporation Common Stock | $956,032 | 0.37% | 22,400 | $245,576 | Up ×2 | ||
| AMGN Amgen Inc. - Common Stock | $929,200 | 0.36% | 2,566 | $26,353 | |||
| TJX TJX Companies, Inc. (The) Common Stock | $926,120 | 0.36% | 6,113 | $140,396 | Up ×1 | ||
| JAZZ Jazz Pharmaceuticals plc - Ordinary Shares | $919,060 | 0.36% | 3,814 | Up ×1 | |||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $914,278 | 0.36% | 904 | $-198,199 | Down ×1 | ||
| ANET Arista Networks, Inc. Common Stock | $907,669 | 0.35% | 5,343 | $251,655 | |||
| NDAQ Nasdaq, Inc. - Common Stock | $875,533 | 0.34% | 11,108 | $540,472 | Up ×1 | ||
| RPRX Royalty Pharma plc - Class A Ordinary Shares | $849,909 | 0.33% | 15,158 | Up ×1 | |||
| BLK BlackRock, Inc. Common Stock | $849,057 | 0.33% | 883 | $-133 | |||
| URI United Rentals, Inc. Common Stock | $839,471 | 0.33% | 741 | $299,608 | |||
| MA Mastercard Incorporated Common Stock | $823,814 | 0.32% | 1,604 | $566,489 | Up ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $813,037 | 0.32% | 1,908 | $130,603 | |||
| AZO AutoZone, Inc. Common Stock | $808,573 | 0.32% | 253 | $-46,005 | |||
| TSLA Tesla, Inc. - Common Stock | $781,054 | 0.31% | 1,857 | $90,714 | |||
| UBER Uber Technologies, Inc. Common Stock | $763,741 | 0.30% | 10,584 | $35,737 | Up ×1 | ||
| MPWR Monolithic Power Systems, Inc. - Common Stock | $758,629 | 0.30% | 548 | $158,377 | |||
| DDOG Datadog, Inc. - Class A Common Stock | $748,014 | 0.29% | 2,873 | Up ×1 | |||
| COST Costco Wholesale Corporation - Common Stock | $739,021 | 0.29% | 790 | $-48,159 | |||
| PSX Phillips 66 Common Stock | $698,853 | 0.27% | 4,134 | $471,857 | Up ×1 | ||
| ADI Analog Devices, Inc. - Common Stock | $682,735 | 0.27% | 1,719 | $135,852 | |||
| SIMO Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares | $681,327 | 0.27% | 2,044 | Up ×1 | |||
| TEL TE Connectivity plc Ordinary Shares | $674,789 | 0.26% | 3,347 | $-24,801 | |||
| SYK Stryker Corporation Common Stock | $657,645 | 0.26% | 2,083 | $-54,340 | Down ×1 | ||
| MTB M&T Bank Corporation Common Stock | $643,103 | 0.25% | 2,702 | $84,546 | |||
| DE Deere & Company Common Stock | $639,766 | 0.25% | 1,006 | $71,456 | |||
| BKR Baker Hughes Company - Common Stock | $636,086 | 0.25% | 11,461 | $-589,371 | Down ×1 | ||
| MAR Marriott International - Class A Common Stock | $625,927 | 0.24% | 1,689 | $73,506 | |||
| QCOM QUALCOMM Incorporated - Common Stock | $588,741 | 0.23% | 3,186 | $584,105 | Up ×1 | ||
| AZN AstraZeneca PLC - American Depositary Shares | $564,309 | 0.22% | 2,976 | $-22,618 | |||
| CVX Chevron Corporation Common Stock | $559,772 | 0.22% | 3,377 | $-138,929 | |||
| GLD | $521,258 | 0.20% | 1,415 | $-87,602 | |||
| NOW ServiceNow, Inc. Common Stock | $496,400 | 0.19% | 5,000 | $-56,670 | Down ×2 | ||
| DASH DoorDash, Inc. - Common Stock | $489,374 | 0.19% | 2,652 | $91,176 | |||
| RIVN Rivian Automotive, Inc. - Class A Common Stock | $454,136 | 0.18% | 26,175 | $60,202 | |||
| AMAT Applied Materials, Inc. - Common Stock | $420,786 | 0.16% | 582 | $315,515 | Up ×1 | ||
| FAST Fastenal Company - Common Stock | $383,904 | 0.15% | 7,993 | $148,470 | Up ×2 | ||
| WMT Walmart Inc. - Common Stock | $336,382 | 0.13% | 2,970 | $-33,465 | |||
| CMI Cummins Inc. Common Stock | $330,216 | 0.13% | 463 | $222,612 | Up ×1 | ||
| PSTG Everpure, Inc. Class A common stock | $301,135 | 0.12% | 3,822 | $75,484 | |||
| NEE NextEra Energy, Inc. Common Stock | $280,513 | 0.11% | 3,196 | $-16,331 | |||
| LIN Linde plc - Ordinary Shares | $275,557 | 0.11% | 531 | $12,308 | |||
| TT Trane Technologies plc | $271,611 | 0.11% | 553 | $41,154 | |||
| REGN Regeneron Pharmaceuticals, Inc. - Common Stock | $268,122 | 0.10% | 430 | $-437,298 | Down ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $247,059 | 0.10% | 1,910 | $15,682 | |||
| NFLX Netflix, Inc. - Common Stock | $234,977 | 0.09% | 3,291 | $54,215 | Up ×3 | ||
| PG Procter & Gamble Company (The) Common Stock | $212,188 | 0.08% | 1,447 | $-362,394 | Down ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $205,106 | 0.08% | 1,758 | $46,538 | Up ×2 | ||
| EXPE Expedia Group, Inc. - Common Stock | $192,678 | 0.08% | 753 | $18,818 | |||
| DELL Dell Technologies Inc. Class C Common Stock | $159,209 | 0.06% | 369 | $98,645 | |||
| TMUS T-Mobile US, Inc. - Common Stock | $150,957 | 0.06% | 900 | ||||
| MS Morgan Stanley Common Stock | $149,255 | 0.06% | 714 | $31,752 | |||
| BRKB | $102,580 | 0.04% | 205 | $4,344 | |||
| AMD Advanced Micro Devices, Inc. - Common Stock | $99,917 | 0.04% | 172 | $64,927 | |||
| MCK McKesson Corporation Common Stock | $96,822 | 0.04% | 128 | $-14,049 | |||
| JNJ Johnson & Johnson Common Stock | $87,874 | 0.03% | 346 | $3,298 | |||
| TXN Texas Instruments Incorporated - Common Stock | $86,142 | 0.03% | 289 | $30,036 | |||
| KMI Kinder Morgan, Inc. Common Stock | $79,765 | 0.03% | 2,495 | $-3,892 | |||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $74,302 | 0.03% | 587 | $-2,560 | |||
| LRCX Lam Research Corporation - Common Stock | $62,871 | 0.02% | 145 | $31,853 | |||
| COHR Coherent Corp. Common Stock | $62,721 | 0.02% | 159 | $24,846 | |||
| GE GE Aerospace Common Stock | $58,676 | 0.02% | 157 | $14,050 | |||
| XOM Exxon Mobil Corporation Common Stock | $57,833 | 0.02% | 423 | $-13,933 | |||
| GILD Gilead Sciences, Inc. - Common Stock | $56,095 | 0.02% | 444 | $-5,785 | |||
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $55,677 | 0.02% | 1,053 | $-2,941 | |||
| DLTR Dollar Tree, Inc. - Common Stock | $54,307 | 0.02% | 449 | $5,137 | |||
| BKNG Booking Holdings Inc. - Common Stock | $49,016 | 0.02% | 275 | $-637,266 | Up ×1 | ||
| LAMR Lamar Advertising Company - Class A Common Stock | $47,262 | 0.02% | 303 | $8,884 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| RJF | $9,999,068 | 65,770 | 3.91% |
| ALL | $5,518,818 | 23,089 | 2.16% |
| DHR | $1,565,216 | 8,200 | 0.61% |
| JAZZ | $919,060 | 3,814 | 0.36% |
| RPRX | $849,909 | 15,158 | 0.33% |
| DDOG | $748,014 | 2,873 | 0.29% |
| SIMO | $681,327 | 2,044 | 0.27% |
| TMUS | $150,957 | 900 | 0.06% |
| CP | $44,636 | 514 | 0.02% |
| CLS | $37,574 | 103 | 0.01% |
| LITE | $36,039 | 42 | 0.01% |
| Unknown issuer (CUSIP: 15675D103) | $31,603 | 143 | 0.01% |
| Unknown issuer (CUSIP: 438516205) | $23,286 | 104 | 0.01% |
| Unknown issuer (CUSIP: 43849R105) | $22,992 | 104 | 0.01% |
| NTRS | $8,732 | 50 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| APO | Bought more | +87K | +$10.6M |
| CRWD | Price move only | +0 | +$6.1M |
| PSBD | Bought more | +232K | +$4.5M |
| OKTA | Price move only | +0 | +$4.1M |
| CRM | Bought more | +31K | +$4.1M |
| GOOGL | Bought more | +868 | +$3.9M |
| HOOD | Price move only | +0 | +$3.8M |
| AMZN | Bought more | +1K | +$1.7M |
| NVDA | Price move only | +0 | +$1.2M |
| JPM | Price move only | +0 | +$1.1M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPY | Sept. 30, 2025 | 17,033 | $10,554,021 | No longer tracked |
| XLI | Sept. 30, 2025 | 71,395 | $10,532,121 | No longer tracked |
| IGV | June 30, 2026 | 121,020 | $9,687,631 | No longer tracked |
| GRNY | March 31, 2026 | 219,427 | $5,433,006 | No longer tracked |
| XLF | Sept. 30, 2025 | 100,604 | $5,268,612 | No longer tracked |
| QQQ | Sept. 30, 2025 | 9,485 | $5,238,093 | |
| XLF | March 31, 2025 | 100,872 | $4,875,125 | No longer tracked |
| SPSM | Sept. 30, 2025 | 112,677 | $4,800,029 | No longer tracked |
| LPLA | June 30, 2026 | 13,873 | $4,173,395 | 31.8% |
| PAYS | June 30, 2026 | 497,435 | $2,934,867 | 65.8% |
| SMH | Sept. 30, 2025 | 9,715 | $2,709,319 | 70.7% |
| IJR | Sept. 30, 2025 | 23,128 | $2,527,659 | No longer tracked |
| KRE | March 31, 2025 | 37,078 | $2,237,657 | No longer tracked |
| KRE | Sept. 30, 2025 | 37,078 | $2,202,062 | No longer tracked |
| DHR | Dec. 31, 2025 | 8,200 | $1,628,356 | -8.2% |
| EW | Sept. 30, 2025 | 16,200 | $1,267,002 | 18.9% |
| MCHP | Sept. 30, 2025 | 17,100 | $1,203,327 | 20.7% |
| TTWO | Sept. 30, 2025 | 4,579 | $1,112,010 | -5.6% |
| UNP | March 31, 2026 | 4,600 | $1,064,072 | 26.3% |
| UPS | March 31, 2026 | 9,600 | $952,224 | 5.6% |
| MPC | March 31, 2025 | 6,791 | $947,345 | 148.5% |
| OVV | March 31, 2025 | 21,500 | $870,750 | 54.2% |
| ABT | March 31, 2026 | 6,689 | $838,065 | 11.8% |
| ALB | Dec. 31, 2025 | 9,800 | $799,687 | -6.7% |
| PLNT | March 31, 2026 | 5,958 | $646,264 | -27.9% |
| SPGI | March 31, 2026 | 1,195 | $624,495 | 0.4% |
| WCN | March 31, 2026 | 3,551 | $622,703 | 3.8% |
| XYL | March 31, 2026 | 4,474 | $609,269 | -3.7% |
| LULU | Sept. 30, 2025 | 2,485 | $590,386 | -32.6% |
| KR | March 31, 2026 | 8,986 | $561,445 | -21.3% |
| SNY | Sept. 30, 2025 | 9,344 | $451,409 | -2.6% |
| CAVA | March 31, 2025 | 3,883 | $438,002 | -15.5% |
| APTV | June 30, 2026 | 6,095 | $423,237 | -20.0% |
| WRB | March 31, 2026 | 6,009 | $421,351 | 7.4% |
| SAP | Dec. 31, 2025 | 1,494 | $399,212 | -11.6% |
| TEAM | Sept. 30, 2025 | 1,948 | $395,619 | 4.8% |
| DKNG | Dec. 31, 2025 | 9,811 | $366,931 | -29.6% |
| FCX | June 30, 2025 | 8,286 | $313,708 | 56.7% |
| FAS | March 31, 2026 | 1,400 | $235,662 | No longer tracked |
| AMD | Dec. 31, 2025 | 1,400 | $226,506 | 116.8% |
| TMUS | March 31, 2026 | 1,108 | $224,968 | -11.5% |
| MSTX | Dec. 31, 2025 | 9,132 | $195,242 | |
| LDOS | June 30, 2026 | 1,250 | $194,400 | 41.2% |
| TMO | June 30, 2025 | 348 | $173,314 | 51.7% |
| ACM | March 31, 2026 | 1,649 | $157,199 | -26.3% |
| CMCSA | March 31, 2026 | 5,000 | $149,450 | -6.8% |
| TNA | March 31, 2026 | 2,900 | $132,066 | No longer tracked |
| TQQQ | June 30, 2026 | 2,600 | $108,368 | |
| GIS | June 30, 2025 | 1,600 | $95,664 | -24.1% |
| UNH | June 30, 2025 | 154 | $80,658 | 26.6% |
| RCL | Dec. 31, 2025 | 183 | $59,398 | 8.7% |
| HON | June 30, 2026 | 208 | $47,014 | 0.8% |
| TGT | June 30, 2025 | 441 | $46,023 | 63.0% |
| KOLD | March 31, 2026 | 1,200 | $42,324 | No longer tracked |
| APP | March 31, 2026 | 61 | $41,103 | -22.3% |
| NUGT | March 31, 2026 | 200 | $36,770 | No longer tracked |
| SSNC | June 30, 2026 | 543 | $36,691 | 32.9% |
| TECL | March 31, 2026 | 300 | $35,247 | No longer tracked |
| SOXL | March 31, 2026 | 800 | $33,624 | No longer tracked |
| ADBE | Sept. 30, 2025 | 86 | $33,272 | -23.2% |
| FISV | Dec. 31, 2025 | 255 | $32,877 | -21.5% |
| PNFP | Sept. 30, 2025 | 270 | $29,811 | 10.6% |
| BX | June 30, 2026 | 241 | $27,713 | 23.3% |
| FLR | Sept. 30, 2025 | 522 | $26,763 | 24.6% |
| CMG | June 30, 2025 | 533 | $26,762 | -37.6% |
| RMD | June 30, 2026 | 118 | $26,489 | 17.0% |
| WSC | Sept. 30, 2025 | 955 | $26,167 | 9.5% |
| ZTS | Dec. 31, 2025 | 178 | $26,045 | -38.8% |
| YANG | Dec. 31, 2025 | 1,200 | $25,788 | No longer tracked |
| EPAM | June 30, 2026 | 156 | $21,122 | 31.5% |
| SNPS | June 30, 2026 | 52 | $20,617 | -9.7% |
| UVXY | March 31, 2026 | 540 | $19,402 | No longer tracked |
| XYZ | June 30, 2025 | 346 | $18,798 | 18.6% |
| BHP | Dec. 31, 2025 | 320 | $17,840 | 53.4% |
| EG | June 30, 2025 | 48 | $17,440 | 9.1% |
| BALL | Dec. 31, 2025 | 344 | $17,344 | 18.8% |
| LYB | Sept. 30, 2025 | 293 | $16,953 | 37.2% |
| TD | June 30, 2025 | 271 | $16,244 | 65.9% |
| EBAY | June 30, 2025 | 228 | $15,442 | 40.0% |
| CVS | June 30, 2025 | 217 | $14,702 | 38.6% |
| STM | June 30, 2025 | 564 | $12,436 | 70.0% |
| CNI | June 30, 2025 | 126 | $12,280 | 23.5% |
| VZ | June 30, 2025 | 225 | $10,206 | 14.2% |
| BMY | June 30, 2025 | 151 | $9,209 | 46.9% |
| PFF | March 31, 2026 | 265 | $8,204 | |
| VIXY | March 31, 2026 | 300 | $7,692 | No longer tracked |
| SYY | March 31, 2026 | 79 | $5,822 | 15.3% |
| AWK | June 30, 2026 | 36 | $4,899 | 5.4% |
| DUST | March 31, 2026 | 600 | $4,464 | No longer tracked |
| SQQQ | Dec. 31, 2025 | 100 | $1,523 |