STANSBERRY ASSET MANAGEMENT, LLC

Q1 2026 13F-HR Holdings

Location
Westlake, TX
Holdings as of
3/31/2026
Date filed
5/15/2026
Form type
13F-HR
Num holdings
141
Total value ($000)
$972,710
Net value change ($000)
-14,587 (-1.5%)
New positions
8
Sold out positions
12
Turnover %
5.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/17/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SGOV 18,332 70.1%
GD 15,902 221.0%
AES 13,655 NEW
MKC 9,873 NEW
AMLP 8,674 245.7%
VNOM 7,488 230.0%
CGAU 6,755 423.0%
LAMR 6,275 317.4%
HSY 6,270 128.0%
TFPM 5,995 41.4%
Top Reduces (Value $000, Stocks/ETFs)
MSFT -11,155 -45.2%
GOOGL -9,532 -18.6%
V -8,826 -34.0%
MKL -8,648 -32.2%
WRB -8,302 -39.3%
KGC -7,967 -73.7%
DHR -7,956 -42.0%
AMZN -7,460 -23.7%
RGLD -7,294 -48.6%
CRH -7,214 -30.8%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type