Westend Capital Management, LLC

CIK

1331997

Location

SAUSALITO, CA

Portfolio Value

Small $327,689,064

Diversification

Diversified

Filing Date

Global Rank

#3,295 / 8,622 ▼ 48 · as of Mar 2026

Top Industry

Aerospace & Defense 11.5%

3Y Alpha vs SPY

+7.4%

Period ended 4 months ago

Filed Apr 14, 2026 · 4mo

9 quarters · since Mar 2024

Clone Performance

May 2024–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+62.5%

SPY

+43.3%

Annualised alpha

+6.9%

Max drawdown

−28.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 9 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

7.6%

−1.4 pts

Top 5

32.4%

+0.0 pts

Top 10

54.4%

+0.9 pts

HHI

440

Diversified−14

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	26.4%	$86,447,450	35
Energy	22.6%	$73,913,932	19
Basic Materials	12.3%	$40,377,250	7
Financial Services	10.6%	$34,822,610	35
Technology	9.9%	$32,399,629	33
Healthcare	6.9%	$22,568,754	21
Consumer Cyclical	6.8%	$22,270,398	12
Communication Services	3.5%	$11,449,382	6
Real Estate	0.6%	$1,837,945	9
Consumer Defensive	0.4%	$1,223,427	13
Unclassified	0.1%	$238,456	6
Utilities	0.0%	$139,831	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
DX	Dynex Capital Inc	+18,530	22,312	$284,701
ET	Energy Transfer LP	+10,921	810,229	$15,637,419
DB	Deutsche Bank Aktiengesellschaft	+10,272	371,021	$11,049,005
ASML	Asml Holding NV	+7,592	7,603	$10,042,270
KGS	Kodiak Gas Services, Inc.	+6,305	369,535	$21,551,281
TLRY	Tilray Brands, Inc.	+5,330	86,830	$561,790
FCX	Freeport-Mcmoran Inc	+4,456	306,231	$18,000,258
CENX	Century Aluminum Co	+3,799	378,073	$22,189,104
SCHW	Schwab Charles Corp	+2,661	120,330	$11,308,613
CCJ	Cameco Corp	+1,776	228,075	$24,771,225
AXP	American Express Co	+989	35,568	$10,758,608
MRK	Merck & Co., Inc.	+938	112,368	$13,516,746
TPC	Tutor Perini Corp	+878	8,096	$624,930
AMZN	Amazon Com Inc	+837	55,700	$11,600,639
GOOGL	Alphabet Inc.	+743	39,727	$11,423,896
ROK	Rockwell Automation, Inc	+673	26,921	$9,661,408
CAT	Caterpillar Inc	+435	19,684	$13,945,326
JNJ	Johnson & Johnson	+245	1,538	$375,948
NVDA	Nvidia Corp	+114	954	$166,377
AVGO	Broadcom Inc.	+34	429	$132,779
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+7	128	$43,257
COST	Costco Wholesale Corp /New	+6	572	$569,957
BLK	BlackRock, Inc.	+5	13	$12,502
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AGNC	AGNC Investment Corp.	−89,844	51,776	$519,313
NFLX	Netflix Inc	−72,055	30	$2,884
BA	Boeing Co	−63,305	80,994	$16,120,235
VIK	Viking Holdings Ltd	−53,980	141,381	$10,388,675
GE	General Electric Co	−36,656	33,492	$9,504,024
AAPL	Apple Inc.	−29,650	51,796	$13,145,306
HWM	Howmet Aerospace Inc.	−22,835	51,661	$11,905,794
LLY	ELI LILLY & Co	−8,107	8,286	$7,621,214
BAC	Bank Of America Corp /De/	−2,665	125	$6,093
LNC	Lincoln National Corp	−2,612	86	$3,053
SPG	Simon Property Group Inc.	−431	88	$16,414
MO	Altria Group, Inc.	−320	1,487	$98,127
WPC	W. P. Carey Inc.	−279	1,721	$116,959
MCD	Mcdonalds Corp	−260	351	$109,087
MDLZ	Mondelez International, Inc.	−255	138	$7,954
RIO	Rio Tinto PLC	−253	1,343	$125,288
IONQ	IonQ, Inc.	−221	3	$86
PWR	Quanta Services, Inc.	−113	35,510	$19,495,700
ETV	Eaton Vance Tax-Managed Buy-Write Opportunities Fund	−94	18,773	$256,626
SAN	Banco Santander, S.A.	−90	24,738	$279,044
SPY	Spdr S&P 500 ETF Trust	−87	180	$117,061
SHEL	Shell plc	−61	1,805	$167,865
BMY	Bristol Myers Squibb Co	−57	611	$37,057
ORCL	Oracle Corp	−41	315	$46,339
TSLA	Tesla, Inc.	−41	31	$11,524
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
EQT	EQT Corp	146,408	$9,317,405
ARM	Arm Holdings PLC /Uk	53,699	$8,123,584
FLR	Fluor Corp	90,282	$4,211,655
O	Realty Income Corp	5,591	$342,057
ARCC	Ares Capital Corp	8,165	$147,133
STWD	Starwood Property Trust, Inc.	8,391	$144,493
PFLT	PennantPark Floating Rate Capital Ltd.	17,118	$137,628
VLO	Valero Energy Corp/Tx	552	$136,388
KNTK	Kinetik Holdings Inc.	1,907	$92,317
VALE	Vale S.A.	3,363	$53,505
KRP	Kimbell Royalty Partners, LP	3,456	$50,008
SNDK	Sandisk Corp	59	$37,485
SCWO	374Water Inc.	13,000	$36,920
GEV	GE Vernova Inc.	36	$31,424
CALM	Cal-Maine Foods Inc	257	$20,341
META	Meta Platforms, Inc.	32	$18,308
MKSI	Mks Inc	75	$17,235
AMCR	Amcor plc	267	$10,613
PFE	Pfizer Inc	199	$5,587
PLTR	Palantir Technologies Inc.	32	$4,680
AMD	Advanced Micro Devices Inc	19	$3,865
BABA	Alibaba Group Holding Ltd	25	$3,136
SNOW	Snowflake Inc.	19	$2,865
GEHC	GE HealthCare Technologies Inc.	40	$2,847
ISRG	Intuitive Surgical Inc	5	$2,304
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
WYNN	Wynn Resorts Ltd	100,425	$12,084,140
PATH	UiPath, Inc.	547,404	$8,971,951
QQQ	Invesco Qqq Trust, Series 1	109	$66,959
XMTR	Xometry, Inc.	750	$44,602
DAVE	Dave Inc./DE	200	$44,282
UBER	Uber Technologies, Inc	275	$22,470
LNG	Cheniere Energy, Inc.	100	$19,439
SO	Southern Co	156	$13,603
FICO	Fair Isaac Corp	5	$8,453
TMO	Thermo Fisher Scientific Inc.	14	$8,112
PFG	Principal Financial Group Inc	80	$7,056
FLEX	Flex Ltd.	108	$6,525
ADBE	Adobe Inc.	18	$6,299
UNH	Unitedhealth Group Inc	19	$6,272
DVN	Devon Energy Corp/De	168	$6,153
DKS	Dick's Sporting Goods, Inc.	30	$5,939
PAG	Penske Automotive Group, Inc.	35	$5,540
TT	Trane Technologies plc	14	$5,448
ETR	Entergy Corp /De/	58	$5,360
CMCSA	Comcast Corp	163	$4,872
ACN	Accenture plc	16	$4,292
T	At&T Inc.	139	$3,452
DIS	Walt Disney Co	1	$113
DAL	Delta Air Lines, Inc.	1	$69
CCL	Carnival Corp Ltd.	2	$61
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

199 tracked positions · $327,689,064 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 199 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CCJ	Cameco Corp Energy	Added	228,075	+1,776	$24,771,225	+19.6%	7.56%
CENX	Century Aluminum Co Basic Materials	Added	378,073	+3,799	$22,189,104	+51.3%	6.77%
KGS	Kodiak Gas Services, Inc. Energy	Added	369,535	+6,305	$21,551,281	+58.6%	6.58%
PWR	Quanta Services, Inc. Industrials	Reduced	35,510	-113	$19,495,700	+29.7%	5.95%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	306,231	+4,456	$18,000,258	+17.4%	5.49%
BA	Boeing Co Industrials	Reduced	80,994	-63,305	$16,120,235	−48.5%	4.92%
ET	Energy Transfer LP Energy	Added	810,229	+10,921	$15,637,419	+18.6%	4.77%
CAT	Caterpillar Inc Industrials	Added	19,684	+435	$13,945,326	+26.5%	4.26%
MRK	Merck & Co., Inc. Healthcare	Added	112,368	+938	$13,516,746	+15.2%	4.12%
AAPL	Apple Inc. Technology	Reduced	51,796	-29,650	$13,145,306	−40.6%	4.01%
HWM	Howmet Aerospace Inc. Industrials	Reduced	51,661	-22,835	$11,905,794	−22.0%	3.63%
AMZN	Amazon Com Inc Consumer Cyclical	Added	55,700	+837	$11,600,639	−8.4%	3.54%
GOOGL	Alphabet Inc. Communication Services	Added	39,727	+743	$11,423,896	−6.4%	3.49%
SCHW	Schwab Charles Corp Financial Services	Added	120,330	+2,661	$11,308,613	−3.8%	3.45%
DB	Deutsche Bank Aktiengesellschaft Financial Services	Added	371,021	+10,272	$11,049,005	−20.6%	3.37%
AXP	American Express Co Financial Services	Added	35,568	+989	$10,758,608	−15.9%	3.28%
VIK	Viking Holdings Ltd Consumer Cyclical	Reduced	141,381	-53,980	$10,388,675	−25.5%	3.17%
ASML	Asml Holding NV Technology	Added	7,603	+7,592	$10,042,270	+85235.4%	3.06%
ROK	Rockwell Automation, Inc Industrials	Added	26,921	+673	$9,661,408	−5.4%	2.95%
GE	General Electric Co Industrials	Reduced	33,492	-36,656	$9,504,024	−56.0%	2.90%
EQT	EQT Corp Energy	NEW	146,408	NEW	$9,317,405	NEW	2.84%
ARM	Arm Holdings PLC /Uk Technology	NEW	53,699	NEW	$8,123,584	NEW	2.48%
LLY	ELI LILLY & Co Healthcare	Reduced	8,286	-8,107	$7,621,214	−56.7%	2.33%
FLR	Fluor Corp Industrials	NEW	90,282	NEW	$4,211,655	NEW	1.29%
XOM	ExxonMobil Holdings Corp Energy	Held	11,014	0	$1,868,635	+41.0%	0.57%
TPC	Tutor Perini Corp Industrials	Added	8,096	+878	$624,930	+29.2%	0.19%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	572	+6	$569,957	+16.8%	0.17%
TLRY	Tilray Brands, Inc. Healthcare	Added	86,830	+5,330	$561,790	−23.7%	0.17%
AGNC	AGNC Investment Corp. Real Estate	Reduced	51,776	-89,844	$519,313	−65.8%	0.16%
STAG	STAG Industrial, Inc. Real Estate	Held	11,329	0	$408,523	−1.9%	0.12%
GVA	Granite Construction Inc Industrials	Held	3,267	0	$391,647	+3.9%	0.12%
JNJ	Johnson & Johnson Healthcare	Added	1,538	+245	$375,948	+40.5%	0.11%
O	Realty Income Corp Real Estate	NEW	5,591	NEW	$342,057	NEW	0.10%
GILD	Gilead Sciences, Inc. Healthcare	Held	2,271	0	$316,509	+13.5%	0.10%
DX	Dynex Capital Inc Real Estate	Added	22,312	+18,530	$284,701	+437.3%	0.09%
SAN	Banco Santander, S.A. Financial Services	Reduced	24,738	-90	$279,044	−4.2%	0.09%
MSFT	Microsoft Corp Technology	Reduced	695	-12	$257,268	−24.8%	0.08%
ETV	Eaton Vance Tax-Managed Buy-Write Opportunities Fund Financial Services	Reduced	18,773	-94	$256,626	−5.3%	0.08%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	1,531	-14	$253,135	+2.1%	0.08%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	736	-8	$216,501	−9.7%	0.07%
V	Visa Inc. Financial Services	Reduced	620	-4	$187,388	−14.4%	0.06%
AMP	Ameriprise Financial Inc Financial Services	Held	406	0	$180,426	−9.4%	0.06%
SHEL	Shell plc Energy	Reduced	1,805	-61	$167,865	+22.4%	0.05%
NVDA	Nvidia Corp Technology	Added	954	+114	$166,377	+6.2%	0.05%
TEX	Terex Corp Industrials	Held	2,710	0	$160,161	+10.7%	0.05%
ARCC	Ares Capital Corp Financial Services	NEW	8,165	NEW	$147,133	NEW	0.04%
STWD	Starwood Property Trust, Inc. Real Estate	NEW	8,391	NEW	$144,493	NEW	0.04%
PFLT	PennantPark Floating Rate Capital Ltd. Financial Services	NEW	17,118	NEW	$137,628	NEW	0.04%
VLO	Valero Energy Corp/Tx Energy	NEW	552	NEW	$136,388	NEW	0.04%
AVGO	Broadcom Inc. Technology	Added	429	+34	$132,779	−2.9%	0.04%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.