MSA Advisors, LLC

CIK

1040410

Location

SANTA MONICA, CA

Portfolio Value

Small $301,201,748

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,420 / 8,605 ▼ 272 · as of Mar 2026

Top Industry

Asset Management 41.0%

3Y Alpha vs SPY

-8.0%

Period ended 3 months ago

Filed May 18, 2026 · 52d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+30.5%

SPY

+54.1%

Annualised alpha

-8.0%

Max drawdown

−26.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

41 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

32.0%

−1.7 pts

Top 5

76.0%

+3.5 pts

Top 10

92.5%

+0.4 pts

HHI

1,615

Moderately concentrated−59

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	38.2%	$114,986,008	7
Unclassified	16.6%	$49,899,287	1
Communication Services	16.1%	$48,539,110	9
Technology	16.0%	$48,054,185	11
Consumer Cyclical	10.9%	$32,707,159	6
Healthcare	2.1%	$6,218,643	3
Industrials	0.1%	$336,511	2
Consumer Defensive	0.1%	$233,922	1
Utilities	0.1%	$226,923	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
LYV	Live Nation Entertainment, Inc.	+38,621	186,596	$28,457,755
AAPL	Apple Inc.	+20,824	91,967	$23,340,304
NVDA	Nvidia Corp	+6,033	8,233	$1,435,835
APO	Apollo Global Management, Inc.	+4,000	863,802	$96,244,818
LLY	ELI LILLY & Co	+3,748	6,248	$5,746,722
JPM	Jpmorgan Chase & Co	+3,050	30,400	$8,942,464
MSFT	Microsoft Corp	+2,520	38,620	$14,295,965
BAC	Bank Of America Corp /De/	+2,433	22,433	$1,093,608
SPOT	Spotify Technology S.A.	+730	5,005	$2,426,974
AMZN	Amazon Com Inc	+490	2,350	$489,434
BRK-B	Berkshire Hathaway Inc	+291	766	$367,067
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−14,651	76,728	$49,899,287
DIS	Walt Disney Co	−11,400	17,190	$1,656,772
META	Meta Platforms, Inc.	−33	24,303	$13,904,475
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
MSTR	Strategy Inc	32,290	$4,029,792
SHOP	Shopify Inc.	19,500	$2,313,090
UBER	Uber Technologies, Inc	14,927	$1,073,699
PLTR	Palantir Technologies Inc.	6,422	$939,410
TSLA	Tesla, Inc.	2,139	$795,173
DELL	Dell Technologies Inc.	1,475	$242,091
COKE	Coca-Cola Consolidated, Inc.	1,220	$233,922
OKLO	Oklo Inc.	4,576	$226,923
BWXT	BWX Technologies, Inc.	947	$193,652
NET	Cloudflare, Inc.	895	$184,674
RKT	Rocket Companies, Inc.	11,644	$165,927
TKO	TKO Group Holdings, Inc.	821	$165,554
PINS	Pinterest, Inc.	8,170	$149,837
SATL	Satellogic Inc.	26,261	$142,859
TTWO	Take Two Interactive Software Inc	706	$139,435
PTON	Peloton Interactive, Inc.	18,216	$78,146
GRAB	Grab Holdings Ltd	16,880	$61,780
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
SLV	iShares Silver Trust	477,745	$30,776,332
MTN	Vail Resorts Inc	60,600	$8,047,680
IBIT	iShares Bitcoin Trust ETF	95,670	$4,750,015
AGEN	Agenus Inc	10,000	$31,400
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

41 positions · $301,201,748 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
APO	Apollo Global Management, Inc. Financial Services	Added	863,802	+4,000	$96,244,818	−22.7%	31.95%
SPY	Spdr S&P 500 ETF Trust	Reduced	76,728	-14,651	$49,899,287	−19.9%	16.57%
SBUX	Starbucks Corp Consumer Cyclical	Held	344,057	0	$30,824,066	+6.4%	10.23%
LYV	Live Nation Entertainment, Inc. Communication Services	Added	186,596	+38,621	$28,457,755	+35.0%	9.45%
AAPL	Apple Inc. Technology	Added	91,967	+20,824	$23,340,304	+20.7%	7.75%
MSFT	Microsoft Corp Technology	Added	38,620	+2,520	$14,295,965	−18.1%	4.75%
META	Meta Platforms, Inc. Communication Services	Reduced	24,303	-33	$13,904,475	−13.4%	4.62%
JPM	Jpmorgan Chase & Co Financial Services	Added	30,400	+3,050	$8,942,464	+1.5%	2.97%
TPG	TPG Inc. Financial Services	Held	169,493	0	$6,866,161	−36.5%	2.28%
LLY	ELI LILLY & Co Healthcare	Added	6,248	+3,748	$5,746,722	+113.9%	1.91%
MSTR	Strategy Inc Technology	NEW	32,290	NEW	$4,029,792	NEW	1.34%
SPOT	Spotify Technology S.A. Communication Services	Added	5,005	+730	$2,426,974	−2.2%	0.81%
SHOP	Shopify Inc. Technology	NEW	19,500	NEW	$2,313,090	NEW	0.77%
DIS	Walt Disney Co Communication Services	Reduced	17,190	-11,400	$1,656,772	−49.1%	0.55%
NVDA	Nvidia Corp Technology	Added	8,233	+6,033	$1,435,835	+249.9%	0.48%
KLAR	Klarna Group plc Financial Services	Held	99,768	0	$1,305,963	−54.7%	0.43%
BAC	Bank Of America Corp /De/ Financial Services	Added	22,433	+2,433	$1,093,608	−0.6%	0.36%
UBER	Uber Technologies, Inc Technology	NEW	14,927	NEW	$1,073,699	NEW	0.36%
BODI	Beachbody Company, Inc. Communication Services	Held	90,085	0	$978,323	+4.8%	0.32%
PLTR	Palantir Technologies Inc. Technology	NEW	6,422	NEW	$939,410	NEW	0.31%
TSLA	Tesla, Inc. Consumer Cyclical	NEW	2,139	NEW	$795,173	NEW	0.26%
CMCSA	Comcast Corp Communication Services	Held	22,988	0	$659,985	+2.5%	0.22%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,350	+490	$489,434	+14.0%	0.16%
NKE	NIKE, Inc. Consumer Cyclical	Held	7,070	0	$373,437	−17.1%	0.12%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	766	+291	$367,067	+53.7%	0.12%
CAI	Caris Life Sciences, Inc. Healthcare	Held	19,200	0	$343,296	−33.7%	0.11%
DELL	Dell Technologies Inc. Technology	NEW	1,475	NEW	$242,091	NEW	0.08%
COKE	Coca-Cola Consolidated, Inc. Consumer Defensive	NEW	1,220	NEW	$233,922	NEW	0.08%
OKLO	Oklo Inc. Utilities	NEW	4,576	NEW	$226,923	NEW	0.08%
BWXT	BWX Technologies, Inc. Industrials	NEW	947	NEW	$193,652	NEW	0.06%
NET	Cloudflare, Inc. Technology	NEW	895	NEW	$184,674	NEW	0.06%
RKT	Rocket Companies, Inc. Financial Services	NEW	11,644	NEW	$165,927	NEW	0.06%
TKO	TKO Group Holdings, Inc. Communication Services	NEW	821	NEW	$165,554	NEW	0.05%
PINS	Pinterest, Inc. Communication Services	NEW	8,170	NEW	$149,837	NEW	0.05%
BIRK	Birkenstock Holding plc Consumer Cyclical	Held	4,100	0	$146,903	−12.4%	0.05%
SATL	Satellogic Inc. Industrials	NEW	26,261	NEW	$142,859	NEW	0.05%
TTWO	Take Two Interactive Software Inc Communication Services	NEW	706	NEW	$139,435	NEW	0.05%
S	SentinelOne, Inc. Technology	Held	10,679	0	$137,545	−14.1%	0.05%
NVO	Novo Nordisk A S Healthcare	Held	3,500	0	$128,625	−27.8%	0.04%
PTON	Peloton Interactive, Inc. Consumer Cyclical	NEW	18,216	NEW	$78,146	NEW	0.03%
GRAB	Grab Holdings Ltd Technology	NEW	16,880	NEW	$61,780	NEW	0.02%