Bannerstone Capital Management, LLC
Registered adviserFiling Date
Global Rank
#8,048
/ 8,827
▲ 142
Top Industry
Semiconductors
9.0%
Period ended 4 months ago
Filed Jul 31, 2026 · 3mo
3 quarters · since Dec 2025
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Nov 1, 2026
Regulatory AUM
$155,343,700
Main clients
Individuals and high net worth
(100% of AUM)
Private funds on Schedule D 7.B.(1)
As filed Feb 24, 2017; SEC's bulk Form ADV archive ends with 2024 filings.
$5,000,000 gross assets in 1 fund
Hedge funds
$5,000,000
(1)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $155,343,700 | Individuals and high net worth (100%) |
| Aug 2025 to Mar 2026 | $143,920,000 | Individuals and high net worth (100%) |
| Mar 2025 to Jul 2025 | $141,136,011 | Individuals and high net worth (100%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 34.5%, 50.7 effective positions, active share 62.9% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Turnover unknown
It needs four straight quarters of measured turnover
Horizon
Short horizon
Value-weighted holding period 2.7 quarters (under 4)
Closest benchmark: the S&P 500 as of 2026-06-30, active share 62.9%; sector active share 31.4% against the combined 13F book's sector weights.
Over time 3 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
113 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
5.0%
−0.4 pts
Top 5
21.3%
−3.1 pts
Top 10
34.4%
−3.8 pts
HHI
196
Diversified−29
Portfolio Trend
3 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 36.2% | $43,083,264 |
| Financial Services | 23.1% | $27,546,875 |
| Industrials | 21.6% | $25,718,214 |
| Unclassified | 6.0% | $7,156,541 |
| Healthcare | 4.0% | $4,776,545 |
| Consumer Cyclical | 3.2% | $3,769,363 |
| Communication Services | 2.9% | $3,438,307 |
| Consumer Defensive | 1.6% | $1,896,579 |
| Energy | 0.9% | $1,122,597 |
| Utilities | 0.3% | $368,497 |
| Real Estate | 0.2% | $231,477 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VO | VANGUARD MID-CAP INDEX FUND | +11,114 | 14,797 | $1,192,194 | |
| STT | State Street Corp | +9,681 | 11,554 | $1,959,558 | |
| KLAC | Kla Corp | +3,127 | 3,475 | $1,048,442 | |
| DFAI | Dimensional International Core Equity Market ETF | +965 | 6,594 | $272,002 | |
| DFAU | Dimensional US Core Equity Market ETF | +649 | 8,198 | $423,754 | |
| CB | Chubb Ltd | +418 | 2,508 | $854,575 | |
| CAT | Caterpillar Inc | +305 | 605 | $644,264 | |
| CAH | Cardinal Health Inc | +200 | 2,654 | $630,484 | |
| AMZN | Amazon Com Inc | +170 | 6,973 | $1,661,944 | |
| WRB | Berkley W R Corp | +129 | 22,612 | $1,594,824 | |
| GHC | Graham Holdings Co | +129 | 618 | $705,397 | |
| IBM | International Business Machines Corp | +109 | 1,238 | $348,137 | |
| JNJ | Johnson & Johnson | +99 | 2,767 | $702,734 | |
| TGT | Target Corp | +94 | 3,942 | $514,864 | |
| AXP | American Express Co | +56 | 3,883 | $1,313,424 | |
| ETN | Eaton Corp plc | +52 | 4,812 | $2,050,489 | |
| MSFT | Microsoft Corp | +46 | 7,266 | $2,710,363 | |
| FAST | Fastenal Co | +42 | 7,980 | $383,279 | |
| RTX | RTX Corp | +31 | 2,211 | $419,493 | |
| DGRO | iShares Core Dividend Growth ETF | +21 | 3,150 | $238,738 | |
| EBAY | Ebay Inc | +18 | 3,181 | $355,476 | |
| GS | Goldman Sachs Group Inc | +16 | 4,201 | $4,248,765 | |
| JXN | Jackson Financial Inc. | +9 | 6,026 | $617,002 | |
| VB | Vanguard Index Funds | +5 | 1,160 | $351,619 | |
| IBKR | Interactive Brokers Group, Inc. | +2 | 8,119 | $706,677 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| APLD | Applied Digital Corp. | −6,732 | 44,960 | $1,677,008 | |
| PLTR | Palantir Technologies Inc. | −5,888 | 30,554 | $3,564,735 | |
| SPY | Spdr S&P 500 ETF Trust | −1,832 | 2,167 | $1,618,250 | |
| DIA | Spdr Dow Jones Industrial Average ETF Trust | −1,642 | 1,130 | $590,300 | |
| AMD | Advanced Micro Devices Inc | −1,558 | 4,204 | $2,442,145 | |
| BE | Bloom Energy Corp | −1,407 | 6,675 | $2,020,522 | |
| AAOI | Applied Optoelectronics, Inc. | −1,296 | 8,807 | $1,304,845 | |
| QQQ | Invesco Qqq Trust, Series 1 | −1,184 | 1,107 | $815,194 | |
| LRCX | Lam Research Corp | −687 | 11,087 | $4,804,329 | |
| FTAI | FTAI Aviation Ltd. | −634 | 4,289 | $1,160,303 | |
| DE | Deere & Co | −592 | 636 | $403,433 | |
| NVDA | Nvidia Corp | −568 | 29,877 | $5,978,088 | |
| CLS | Celestica Inc | −535 | 3,674 | $1,340,275 | |
| BRK-B | Berkshire Hathaway Inc | −473 | 9,155 | $4,581,070 | |
| PWR | Quanta Services, Inc. | −356 | 4,006 | $2,884,480 | |
| CW | Curtiss Wright Corp | −279 | 1,861 | $1,410,191 | |
| AGX | Argan Inc | −262 | 2,331 | $1,861,420 | |
| DFAT | Dimensional U.S. Targeted Value ETF | −238 | 5,016 | $350,618 | |
| AAPL | Apple Inc. | −213 | 19,775 | $5,722,094 | |
| CHRW | C. H. Robinson Worldwide, Inc. | −179 | 1,514 | $285,146 | |
| PANW | Palo Alto Networks Inc | −172 | 5,314 | $1,812,180 | |
| PEP | Pepsico Inc | −141 | 2,636 | $356,914 | |
| UPS | United Parcel Service Inc | −100 | 5,132 | $551,690 | |
| FIX | Comfort Systems USA Inc | −92 | 1,133 | $2,245,549 | |
| SLV | iShares Silver Trust | −80 | 4,715 | $252,111 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VRT | Vertiv Holdings Co | 8,652 | $2,896,862 | |
| NBIS | Nebius Group N.V. | 5,838 | $1,612,280 | |
| AMG | Affiliated Managers Group, Inc. | 3,027 | $1,024,336 | |
| GLW | Corning Inc | 3,933 | $1,004,606 | |
| VSAT | Viasat Inc | 11,092 | $996,172 | |
| PLXS | Plexus Corp | 2,556 | $768,512 | |
| DELL | Dell Technologies Inc. | 1,711 | $738,228 | |
| FPS | Forgent Power Solutions, Inc. | 11,094 | $619,710 | |
| ATI | Ati Inc | 2,550 | $502,605 | |
| FLEX | Flex Ltd. | 3,094 | $501,444 | |
| NTAP | NetApp, Inc. | 3,130 | $484,398 | |
| MS | Morgan Stanley | 2,219 | $463,859 | |
| ROK | Rockwell Automation, Inc | 884 | $437,650 | |
| TXN | Texas Instruments Inc | 1,420 | $423,259 | |
| MU | Micron Technology Inc | 316 | $364,755 | |
| IREN | IREN Ltd | 7,728 | $353,401 | |
| STX | Seagate Technology Holdings plc | 348 | $335,820 | |
| CSCO | Cisco Systems, Inc. | 2,464 | $289,421 | |
| SNDK | Sandisk Corp | 125 | $284,216 | |
| VCTR | Victory Capital Holdings, Inc. | 3,063 | $257,475 | |
| AMAT | Applied Materials Inc | 348 | $251,604 | |
| SPG | Simon Property Group Inc. | 1,035 | $231,477 | |
| CASY | Caseys General Stores Inc | 285 | $226,515 | |
| WDC | Western Digital Corp | 351 | $224,190 | |
| FPX | First Trust US Equity Opportunities ETF | 1,061 | $218,756 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| KTOS | Kratos Defense & Security Solutions, Inc. | 17,284 | $1,218,694 | |
| AJG | Arthur J. Gallagher & Co. | 5,613 | $1,215,663 | |
| FSLY | Fastly, Inc. | 38,790 | $1,127,237 | |
| CME | Cme Group Inc. | 3,420 | $1,010,097 | |
| TECL | Direxion Daily Technology Bull 3X Shares | 10,247 | $886,877 | |
| MSTR | Strategy Inc | 5,554 | $693,139 | |
| NOW | ServiceNow, Inc. | 6,342 | $663,056 | |
| APP | AppLovin Corp | 1,417 | $563,966 | |
| SHOP | Shopify Inc. | 3,607 | $427,862 | |
| TKO | TKO Group Holdings, Inc. | 2,023 | $407,937 | |
| NFLX | Netflix Inc | 2,752 | $264,604 | |
| UI | Ubiquiti Inc. | 321 | $253,683 | |
| WMT | Walmart Inc. | 1,783 | $221,591 | |
| HON | Honeywell International Inc | 889 | $200,940 | |
| No positions match the current search. | ||||
113 tracked positions ·
$119,108,259 total
· filing declares
113 positions · $119,109,445
· as of Jun 30, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 113 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 29,877 | $5,978,088 | 5.02% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 19,775 | $5,722,094 | 4.80% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 11,087 | $4,804,329 | 4.03% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 9,155 | $4,581,070 | 3.85% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 4,201 | $4,248,765 | 3.57% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 30,554 | $3,564,735 | 2.99% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 9,720 | $3,181,647 | 2.67% | |
| FDS |
Factset Research Systems Inc
Financial Services
|
Held | 13,729 | $3,158,768 | 2.65% | |
| VRT |
Vertiv Holdings Co
Industrials
|
NEW | 8,652 | $2,896,862 | 2.43% | |
| PWR |
Quanta Services, Inc.
Industrials
|
Reduced | 4,006 | $2,884,480 | 2.42% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 7,266 | $2,710,363 | 2.28% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 4,204 | $2,442,145 | 2.05% | |
| FIX |
Comfort Systems USA Inc
Industrials
|
Reduced | 1,133 | $2,245,549 | 1.89% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 1,836 | $2,202,153 | 1.85% | |
| ETN |
Eaton Corp plc
Industrials
|
Added | 4,812 | $2,050,489 | 1.72% | |
| BE |
Bloom Energy Corp
Industrials
|
Reduced | 6,675 | $2,020,522 | 1.70% | |
| STT |
State Street Corp
Financial Services
|
Added | 11,554 | $1,959,558 | 1.65% | |
| AGX |
Argan Inc
Industrials
|
Reduced | 2,331 | $1,861,420 | 1.56% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Reduced | 5,314 | $1,812,180 | 1.52% | |
| DB |
Deutsche Bank Aktiengesellschaft
Financial Services
|
Reduced | 51,482 | $1,738,032 | 1.46% | |
| APLD |
Applied Digital Corp.
Technology
|
Reduced | 44,960 | $1,677,008 | 1.41% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 6,973 | $1,661,944 | 1.40% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 2,167 | $1,618,250 | 1.36% | |
| NBIS |
Nebius Group N.V.
Communication Services
|
NEW | 5,838 | $1,612,280 | 1.35% | |
| WRB |
Berkley W R Corp
Financial Services
|
Added | 22,612 | $1,594,824 | 1.34% | |
| CW |
Curtiss Wright Corp
Industrials
|
Reduced | 1,861 | $1,410,191 | 1.18% | |
| CLS |
Celestica Inc
Technology
|
Reduced | 3,674 | $1,340,275 | 1.13% | |
| AXP |
American Express Co
Financial Services
|
Added | 3,883 | $1,313,424 | 1.10% | |
| AAOI |
Applied Optoelectronics, Inc.
Technology
|
Reduced | 8,807 | $1,304,845 | 1.10% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 2,493 | $1,280,404 | 1.07% | |
| VO |
VANGUARD MID-CAP INDEX FUND
|
Added | 14,797 | $1,192,194 | 1.00% | |
| FTAI |
FTAI Aviation Ltd.
Industrials
|
Reduced | 4,289 | $1,160,303 | 0.97% | |
| GE |
General Electric Co
Industrials
|
Reduced | 2,927 | $1,093,907 | 0.92% | |
| KLAC |
Kla Corp
Technology
|
Added | 3,475 | $1,048,442 | 0.88% | |
| AMG |
Affiliated Managers Group, Inc.
Financial Services
|
NEW | 3,027 | $1,024,336 | 0.86% | |
| GLW |
Corning Inc
Technology
|
NEW | 3,933 | $1,004,606 | 0.84% | |
| VSAT |
Viasat Inc
Technology
|
NEW | 11,092 | $996,172 | 0.84% | |
| TER |
Teradyne, Inc
Technology
|
Reduced | 2,023 | $978,808 | 0.82% | |
| SNPS |
Synopsys Inc
Technology
|
Reduced | 2,003 | $893,478 | 0.75% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 2,336 | $882,424 | 0.74% | |
| GEV |
GE Vernova Inc.
Industrials
|
Held | 749 | $879,970 | 0.74% | |
| CB |
Chubb Ltd
Financial Services
|
Added | 2,508 | $854,575 | 0.72% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 2,318 | $828,383 | 0.70% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 1,107 | $815,194 | 0.68% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Held | 843 | $788,601 | 0.66% | |
| VLO |
Valero Energy Corp
Energy
|
Reduced | 2,958 | $770,381 | 0.65% | |
| PLXS |
Plexus Corp
Technology
|
NEW | 2,556 | $768,512 | 0.65% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 2,146 | $758,246 | 0.64% | |
| DELL |
Dell Technologies Inc.
Technology
|
NEW | 1,711 | $738,228 | 0.62% | |
| IBKR |
Interactive Brokers Group, Inc.
Financial Services
|
Added | 8,119 | $706,677 | 0.59% |
Showing the top 50 of 113 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.