Bannerstone Capital Management, LLC

CIK

2083499

Location

WAYZATA, MN

Portfolio Value

Micro $93,669,764

Diversification

Diversified

Filing Date

Global Rank

#5,486 / 8,232 ▲ 183

Top Industry

Software - Infrastructure 11.0%

3Y Alpha vs SPY

+11.3%

Period ended 2 months ago

Filed May 11, 2026 · 34d

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jun 2026 · vs SPY

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

Cloned portfolio

+12.1%

SPY

+9.1%

Annualised alpha

+11.2%

Max drawdown

−8.8%

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

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

Top Position

5.7%

−0.7 pts

Top 5

25.5%

−1.2 pts

Top 10

40.0%

−1.1 pts

HHI

241

Diversified−9

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	35.0%	$32,758,345	21
Financial Services	25.4%	$23,760,136	14
Industrials	19.5%	$18,308,916	23
Unclassified	6.3%	$5,904,630	5
Healthcare	4.0%	$3,705,088	5
Consumer Cyclical	3.3%	$3,105,304	6
Consumer Defensive	2.6%	$2,476,198	5
Communication Services	2.3%	$2,148,517	5
Energy	1.2%	$1,142,891	2
Utilities	0.4%	$359,739	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
LRCX	Lam Research Corp	+1,697	11,774	$2,515,632
PLTR	Palantir Technologies Inc.	+834	36,442	$5,330,735
SPY	Spdr S&P 500 ETF Trust	+747	3,999	$2,600,709
DB	Deutsche Bank Aktiengesellschaft	+600	51,539	$1,534,831
IBKR	Interactive Brokers Group, Inc.	+414	8,117	$544,407
JXN	Jackson Financial Inc.	+333	6,017	$636,117
WRB	Berkley W R Corp	+284	22,483	$1,490,173
SHOP	Shopify Inc.	+233	3,607	$427,862
AJG	Arthur J. Gallagher & Co.	+193	5,613	$1,215,663
PANW	Palo Alto Networks Inc	+115	5,486	$879,515
AMZN	Amazon Com Inc	+96	6,803	$1,416,860
TKO	TKO Group Holdings, Inc.	+92	2,023	$407,937
MSFT	Microsoft Corp	+91	7,220	$2,672,627
AVGO	Broadcom Inc.	+86	2,357	$729,515
PEP	Pepsico Inc	+83	2,777	$431,240
SNPS	Synopsys Inc	+83	2,006	$795,338
CAH	Cardinal Health Inc	+79	2,454	$518,554
HLT	Hilton Worldwide Holdings Inc.	+72	1,519	$461,897
ETN	Eaton Corp plc	+60	4,760	$1,702,509
GOOGL	Alphabet Inc.	+60	2,320	$667,139
LLY	ELI LILLY & Co	+53	1,883	$1,731,926
ABBV	AbbVie Inc.	+52	2,056	$447,159
AXP	American Express Co	+47	3,827	$1,157,590
VLO	Valero Energy Corp/Tx	+47	3,006	$742,722
GS	Goldman Sachs Group Inc	+41	4,185	$3,540,468
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	−4,769	2,752	$264,604
VST	Vistra Corp.	−3,897	2,393	$359,739
APLD	Applied Digital Corp.	−2,343	51,692	$1,227,168
KTOS	Kratos Defense & Security Solutions, Inc.	−950	17,284	$1,218,694
CME	Cme Group Inc.	−742	3,420	$1,010,097
TGT	Target Corp	−561	3,848	$466,377
NVDA	Nvidia Corp	−453	30,445	$5,309,608
BRK-B	Berkshire Hathaway Inc	−354	9,628	$4,613,737
BE	Bloom Energy Corp	−210	8,082	$1,095,030
NOW	ServiceNow, Inc.	−183	6,342	$663,056
FTAI	FTAI Aviation Ltd.	−167	4,923	$1,206,135
FIX	Comfort Systems USA Inc	−160	1,225	$1,689,262
CLS	Celestica Inc	−158	4,209	$1,185,591
FAST	Fastenal Co	−125	7,938	$368,323
EOG	Eog Resources Inc	−92	2,768	$400,169
EBAY	Ebay Inc	−82	3,163	$287,896
GE	General Electric Co	−75	2,940	$834,283
HD	Home Depot, Inc.	−69	1,515	$498,268
AGX	Argan Inc	−43	2,593	$1,412,277
AMD	Advanced Micro Devices Inc	−39	5,762	$1,172,163
JPM	Jpmorgan Chase & Co	−26	9,723	$2,860,117
COST	Costco Wholesale Corp /New	−26	843	$839,990
TSLA	Tesla, Inc.	−18	559	$207,808
SLV	iShares Silver Trust	−15	4,795	$326,731
KLAC	Kla Corp	−3	348	$512,398
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
CW	Curtiss Wright Corp	2,140	$1,457,596
FSLY	Fastly, Inc.	38,790	$1,127,237
AAOI	Applied Optoelectronics, Inc.	10,103	$854,612
MSTR	Strategy Inc	5,554	$693,139
TER	Teradyne, Inc	2,032	$602,406
LHX	L3harris Technologies, Inc. /De/	1,169	$403,480
RKLB	Rocket Lab Corp	5,525	$354,815
CHRW	C. H. Robinson Worldwide, Inc.	1,693	$281,156
UI	Ubiquiti Inc.	321	$253,683
SBUX	Starbucks Corp	2,596	$232,575
WMT	Walmart Inc.	1,783	$221,591
CAT	Caterpillar Inc	300	$212,538
HON	Honeywell International Inc	889	$200,940
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
VRT	Vertiv Holdings Co	9,718	$1,574,413
BMNR	Bitmine Immersion Technologies, Inc.	40,795	$1,107,584
HOOD	Robinhood Markets, Inc.	7,267	$821,897
BLK	BlackRock, Inc.	581	$621,867
VRTX	Vertex Pharmaceuticals Inc / Ma	1,342	$608,409
INOD	Innodata Inc	11,686	$595,401
CRDO	Credo Technology Group Holding Ltd	4,062	$584,481
SPOT	Spotify Technology S.A.	779	$452,373
DASH	DoorDash, Inc.	1,734	$392,716
TMUS	T-Mobile US, Inc.	1,722	$349,634
ANET	Arista Networks, Inc.	2,317	$303,596
RDDT	Reddit, Inc.	1,175	$270,097
INTU	Intuit Inc.	353	$233,834
V	Visa Inc.	623	$218,492
HLI	Houlihan Lokey, Inc.	1,197	$208,505
TMO	Thermo Fisher Scientific Inc.	354	$205,125
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

87 positions · $93,669,764 total · as of Mar 31, 2026

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

Showing 1–50 of 87 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PLTR	Palantir Technologies Inc. Technology	Added	36,442	+834	$5,330,735	−15.8%	5.69%
NVDA	Nvidia Corp Technology	Reduced	30,445	-453	$5,309,608	−7.9%	5.67%
AAPL	Apple Inc. Technology	Added	19,988	+12	$5,072,754	−6.6%	5.42%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	9,628	-354	$4,613,737	−8.0%	4.93%
GS	Goldman Sachs Group Inc Financial Services	Added	4,185	+41	$3,540,468	−2.8%	3.78%
FDS	Factset Research Systems Inc Financial Services	Held	13,729	0	$2,979,055	−25.2%	3.18%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	9,723	-26	$2,860,117	−9.0%	3.05%
MSFT	Microsoft Corp Technology	Added	7,220	+91	$2,672,627	−22.5%	2.85%
SPY	Spdr S&P 500 ETF Trust	Added	3,999	+747	$2,600,709	+17.3%	2.78%
LRCX	Lam Research Corp Technology	Added	11,774	+1,697	$2,515,632	+45.8%	2.69%
PWR	Quanta Services, Inc. Industrials	Added	4,362	+6	$2,394,825	+30.3%	2.56%
LLY	ELI LILLY & Co Healthcare	Added	1,883	+53	$1,731,926	−11.9%	1.85%
ETN	Eaton Corp plc Industrials	Added	4,760	+60	$1,702,509	+13.7%	1.82%
FIX	Comfort Systems USA Inc Industrials	Reduced	1,225	-160	$1,689,262	+30.7%	1.80%
DB	Deutsche Bank Aktiengesellschaft Financial Services	Added	51,539	+600	$1,534,831	−21.9%	1.64%
WRB	Berkley W R Corp Financial Services	Added	22,483	+284	$1,490,173	−4.3%	1.59%
CW	Curtiss Wright Corp Industrials	NEW	2,140	NEW	$1,457,596	NEW	1.56%
AMZN	Amazon Com Inc Consumer Cyclical	Added	6,803	+96	$1,416,860	−8.5%	1.51%
AGX	Argan Inc Industrials	Reduced	2,593	-43	$1,412,277	+71.0%	1.51%
QQQ	Invesco Qqq Trust, Series 1	Added	2,291	+2	$1,322,319	−6.0%	1.41%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	2,772	+11	$1,283,962	−3.2%	1.37%
MA	Mastercard Inc Financial Services	Added	2,521	+30	$1,259,642	−11.4%	1.34%
APLD	Applied Digital Corp. Technology	Reduced	51,692	-2,343	$1,227,168	−7.4%	1.31%
KTOS	Kratos Defense & Security Solutions, Inc. Industrials	Reduced	17,284	-950	$1,218,694	−12.0%	1.30%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	5,613	+193	$1,215,663	−13.3%	1.30%
FTAI	FTAI Aviation Ltd. Industrials	Reduced	4,923	-167	$1,206,135	+20.4%	1.29%
CLS	Celestica Inc Technology	Reduced	4,209	-158	$1,185,591	−8.2%	1.27%
AMD	Advanced Micro Devices Inc Technology	Reduced	5,762	-39	$1,172,163	−5.6%	1.25%
AXP	American Express Co Financial Services	Added	3,827	+47	$1,157,590	−17.2%	1.24%
FSLY	Fastly, Inc. Technology	NEW	38,790	NEW	$1,127,237	NEW	1.20%
BE	Bloom Energy Corp Industrials	Reduced	8,082	-210	$1,095,030	+52.0%	1.17%
CME	Cme Group Inc. Financial Services	Reduced	3,420	-742	$1,010,097	−11.1%	1.08%
PANW	Palo Alto Networks Inc Technology	Added	5,486	+115	$879,515	−11.1%	0.94%
AAOI	Applied Optoelectronics, Inc. Technology	NEW	10,103	NEW	$854,612	NEW	0.91%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	843	-26	$839,990	+12.1%	0.90%
GE	General Electric Co Industrials	Reduced	2,940	-75	$834,283	−10.2%	0.89%
SNPS	Synopsys Inc Technology	Added	2,006	+83	$795,338	−11.9%	0.85%
VLO	Valero Energy Corp/Tx Energy	Added	3,006	+47	$742,722	+54.2%	0.79%
AVGO	Broadcom Inc. Technology	Added	2,357	+86	$729,515	−7.2%	0.78%
MSTR	Strategy Inc Technology	NEW	5,554	NEW	$693,139	NEW	0.74%
DE	Deere & Co Industrials	Held	1,228	0	$691,732	+21.0%	0.74%
CB	Chubb Ltd Financial Services	Added	2,090	+23	$681,193	+5.6%	0.73%
GOOGL	Alphabet Inc. Communication Services	Added	2,320	+60	$667,139	−5.7%	0.71%
NOW	ServiceNow, Inc. Technology	Reduced	6,342	-183	$663,056	−33.7%	0.71%
GEV	GE Vernova Inc. Industrials	Held	749	0	$653,802	+33.6%	0.70%
JNJ	Johnson & Johnson Healthcare	Held	2,668	0	$652,165	+18.1%	0.70%
JXN	Jackson Financial Inc. Financial Services	Added	6,017	+333	$636,117	+4.9%	0.68%
TER	Teradyne, Inc Technology	NEW	2,032	NEW	$602,406	NEW	0.64%
APP	AppLovin Corp Communication Services	Added	1,417	+18	$563,966	−40.2%	0.60%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	8,117	+414	$544,407	+9.9%	0.58%