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
- $7.3B
- Holdings
- 825
- Top-10 weight
- 37%
- As of
- 2026-06-30
- Filed
- 2026-08-18
Return attribution — beta or stock-picking?
Sum of monthly ERM3 attribution over the trailing 12 months (2025-07-31 → 2026-06-30), modeled subset of holdings. Roughly 8% of the gross return came from stock selection (residual return) — most of the return came from factor exposure, not selection.
Gross
+17.4%
Market
+19.3%
Sector
+1.9%
Subsector
-3.3%
Stock selection
+1.4%
Top holdings
825 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. | 8.6% | $624M | — |
| 2 | NVDANVIDIA Corporation | 7.6% | $548M | 47% |
| 3 | MSFTMicrosoft Corporation | 4.5% | $326M | 63% |
| 4 | LIILennox International Inc. | 3.3% | $239M | 56% |
| 5 | GOOGLmodeled on GOOGAlphabet Inc. | 3.1% | $221M | 59% |
| 6 | AMZNAmazon.com, Inc. | 2.9% | $211M | 46% |
| 7 | JPMJPMorgan Chase & Co. | 2.1% | $155M | 43% |
| 8 | AVGOBroadcom Inc. | 2.0% | $148M | 50% |
| 9 | AMDAdvanced Micro Devices, Inc. | 1.8% | $128M | 46% |
| 10 | GOOGAlphabet Inc. Class C | 1.6% | $118M | 59% |
| 11 | VVisa Inc. Class A | 1.5% | $110M | 56% |
| 12 | METAMeta Platforms Inc Class A | 1.5% | $105M | 58% |
| 13 | CVXChevron Corporation | 1.3% | $97M | 22% |
| 14 | CATCaterpillar Inc. | 1.3% | $97M | 42% |
| 15 | JNJJohnson & Johnson | 1.3% | $93M | 58% |
95% of reported AUM is in the ERM3 model universe; attribution and risk shares cover that subset. Source: SEC Form 13F-HR, filed 2026-08-18.
How concentrated is this book?
Quarter-end concentration across 31 filings from 2018-12-31 to 2026-06-30, with the latest filing set against this manager's own median.
- Effective N
- 44.7
- median 37.7
- Top 5 weight
- —
- no median
- Top 10 weight
- 37.5%
- median 39.1%
- 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 825 positions at 2026-06-30.
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.