Beacon Pointe Advisors
Latest 13F holdings with ERM3 risk decomposition — how much of the portfolio's return is market beta versus genuine stock-picking, and where the residual risk concentrates.
- Reported AUM
- $6.6B
- Holdings
- 839
- Top-10 weight
- 36%
- As of
- 2026-03-31
- Filed
- 2026-06-14
Return attribution — beta or stock-picking?
Sum of monthly ERM3 attribution over the trailing 12 months (2025-04-30 → 2026-03-31), modeled subset of holdings. Roughly 1% of the gross return came from stock selection (residual return) — most of the return came from factor exposure, not selection.
Gross
+13.3%
Market
+14.8%
Sector
+0.4%
Subsector
-1.3%
Stock selection
+0.1%
Top holdings
839 reported positions; top 15 shown. “Stock-specific” is the share of each position's variance not explained by market, sector, or subsector factors.
| # | Holding | Weight | Value | Stock-specific |
|---|---|---|---|---|
| 1 | AAPLApple Inc. | 8.2% | $544M | 80% |
| 2 | NVDANVIDIA Corporation | 6.2% | $406M | 48% |
| 3 | MSFTMicrosoft Corporation | 5.0% | $330M | 56% |
| 4 | AMZNAmazon.com, Inc. | 3.2% | $212M | 48% |
| 5 | LIILennox International Inc. | 2.9% | $194M | 53% |
| 6 | GOOGLmodeled on GOOGAlphabet Inc. | 2.8% | $184M | 67% |
| 7 | METAMeta Platforms Inc Class A | 2.4% | $156M | 78% |
| 8 | JPMJPMorgan Chase & Co. | 2.1% | $136M | 42% |
| 9 | CVXChevron Corporation | 1.9% | $127M | 21% |
| 10 | AVGOBroadcom Inc. | 1.7% | $111M | 49% |
| 11 | XOMExxon Mobil Corporation | 1.6% | $106M | 18% |
| 12 | GOOGAlphabet Inc. Class C | 1.6% | $105M | 67% |
| 13 | VVisa Inc. Class A | 1.4% | $95M | 46% |
| 14 | JNJJohnson & Johnson | 1.4% | $90M | 60% |
| 15 | DASHDoorDash, Inc. Class A | 1.2% | $79M | 83% |
95% of reported AUM is in the ERM3 model universe; attribution and risk shares cover that subset. Source: SEC Form 13F-HR, filed 2026-06-14.
How concentrated is this book?
Quarter-end concentration across 23 filings from 2018-12-31 to 2026-03-31, with the latest filing set against this manager's own median.
- Effective N
- 49.0
- median 41.0
- Top 5 weight
- —
- no median
- Top 10 weight
- 36.4%
- median 38.0%
- Weight HHI
- —
- no median
Effective N is inverse-Herfindahl breadth, not a holding count: it falls well below the number of positions when one name dominates, which is the case worth seeing. This book held 839 positions at 2026-03-31.
Interrogate this portfolio
Ask the AI risk analyst what changed last quarter, where the concentration risk sits, or how your portfolio overlaps with Beacon Pointe Advisors's.