Flagstone Financial Management

CIK

1968890

Location

LINCOLN, NE

Portfolio Value

Micro $6,473,865

Diversification

Diversified

Filing Date

Global Rank

#7,569 / 8,586 ▲ 144

Top Industry

Insurance - Diversified 24.1%

3Y Alpha vs SPY

-4.1%

Period ended 3 months ago

Filed Apr 27, 2026 · 50d

14 quarters · since Dec 2022

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+60.5%

SPY

+78.1%

Annualised alpha

-4.1%

Max drawdown

−14.2%

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

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

Top Position

23.6%

−2.9 pts

Top 5

56.3%

−5.1 pts

Top 10

72.7%

−6.1 pts

HHI

944

Diversified−208

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	45.4%	$11,198,249	7
Technology	26.3%	$6,473,865	5
Industrials	6.5%	$1,611,228	5
Energy	5.7%	$1,404,161	2
Consumer Defensive	4.4%	$1,084,076	3
Healthcare	2.9%	$715,320	2
Communication Services	2.5%	$615,542	2
Unclassified	2.1%	$528,532	2
Consumer Cyclical	1.8%	$447,780	1
Real Estate	1.4%	$354,358	1
Utilities	0.9%	$216,689	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
JPM	Jpmorgan Chase & Co	+3,152	6,694	$1,969,107
ORCL	Oracle Corp	+2,001	3,278	$482,226
PEP	Pepsico Inc	+1,400	3,400	$527,986
AMZN	Amazon Com Inc	+681	2,150	$447,780
XOM	Exxon Mobil Corp	+140	6,820	$1,157,081
JNJ	Johnson & Johnson	+125	1,936	$473,235
AAPL	Apple Inc.	+75	11,658	$2,958,683
MA	Mastercard Inc	+50	1,140	$569,612
USB	US Bancorp De	+4	24,530	$1,275,805
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	−1,600	4,836	$235,755
WFC	Wells Fargo & Company/Mn	−1,108	10,738	$854,852
ELS	Equity Lifestyle Properties Inc	−388	5,677	$354,358
MSFT	Microsoft Corp	−79	5,076	$1,878,982
BRK-B	Berkshire Hathaway Inc	−71	12,118	$5,806,945
QQQ	Invesco Qqq Trust, Series 1	−16	536	$309,368
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
VZ	Verizon Communications Inc	6,608	$331,721
CSCO	Cisco Systems, Inc.	3,551	$275,522
VLO	Valero Energy Corp/Tx	1,000	$247,080
GILD	Gilead Sciences, Inc.	1,737	$242,085
NEE	Nextera Energy Inc	2,333	$216,689
PM	Philip Morris International Inc.	1,300	$214,942
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
SHOP	Shopify Inc.	1,480	$238,235
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

5 positions · $6,473,865 total · Technology only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	11,658	+75	$2,958,683	−6.0%	45.70%
MSFT	Microsoft Corp Technology	Reduced	5,076	-79	$1,878,982	−24.6%	29.02%
NVDA	Nvidia Corp Technology	Held	5,037	0	$878,452	−6.5%	13.57%
ORCL	Oracle Corp Technology	Added	3,278	+2,001	$482,226	+93.7%	7.45%
CSCO	Cisco Systems, Inc. Technology	NEW	3,551	NEW	$275,522	NEW	4.26%