LOCUST WOOD CAPITAL ADVISERS, LLC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, LOCUST WOOD CAPITAL ADVISERS, LLC initiated 1 new position, increased allocation to 9 existing positions, trimmed 10 positions, and exited 6 positions entirely. The fund's 13F equity book declined from $3.99B to $3.65B (-8.7% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $3.99BPrior quarter
- $3.65BCurrent quarter
- $-0.35BNet delta
- -8.7%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| ELI LILLY & CO | LLY | 0.51% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| META PLATFORMS INC | META | +3.12% | +209.55% | History → |
| GPGI INC | GPGI | +2.14% | +54.52% | History → |
| VISA INC | V | +1.21% | +45.87% | History → |
| AMAZON COM INC | AMZN | +2.43% | +37.96% | History → |
| NVIDIA CORPORATION | NVDA | +1.29% | +27.02% | History → |
| S&P GLOBAL INC | SPGI | +0.28% | +19.83% | History → |
| RESIDEO TECHNOLOGIES INC | REZI | +0.57% | +18.56% | Holders → |
| ABBOTT LABS | ABT | +0.03% | +12.59% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | +1.28% | +0.72% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| SUNCOR ENERGY, INC. | SU | -0.38% | -50.51% | Holders → |
| VERTIV HOLDINGS CO | VRT | 0.26% | -36.53% | Holders → |
| LINDE PLC | LIN | -0.70% | -29.27% | History → |
| CANADIAN PACIFIC KANSAS CITY | CP | -0.24% | -27.14% | Holders → |
| CSX CORP | CSX | 0.02% | -18.74% | Holders → |
| STERIS PLC | STE | -0.44% | -11.63% | Holders → |
| APPLE INC | AAPL | -0.35% | -11.38% | Holders → |
| ALPHABET INC | GOOGL | -0.47% | -10.80% | Holders → |
| ELEMENT SOLUTIONS INC | ESI | 1.08% | -9.28% | Holders → |
| WASTE MANAGEMENT INC | WM | 0.11% | -8.61% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| SALESFORCE INC | CRM | 2.24% |
| NIKE INC | NKE | 2.05% |
| SERVICENOW | NOW | 1.72% |
| AXALTA COATING SYS LTD | AXTA | 1.60% |
| ELEVANCE HEALTH INC FORMERLY | ELV | 1.25% |
| APOLLO GLOBAL MGMT INC | APO | 1.22% |
Methodology & FAQ
How LOCUST WOOD CAPITAL ADVISERS, LLC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for LOCUST WOOD CAPITAL ADVISERS, LLC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did LOCUST WOOD CAPITAL ADVISERS, LLC initiate in Q1 2026?
LOCUST WOOD CAPITAL ADVISERS, LLC established 1 new position in Q1 2026: ELI LILLY & CO (LLY, 0.51%).
Which existing positions saw the largest allocation increases for LOCUST WOOD CAPITAL ADVISERS, LLC in Q1 2026?
The largest portfolio-weight increases in existing positions were: META PLATFORMS INC (META, +3.12% weight, +209.55% shares), GPGI INC (GPGI, +2.14% weight, +54.52% shares), VISA INC (V, +1.21% weight, +45.87% shares), AMAZON COM INC (AMZN, +2.43% weight, +37.96% shares), NVIDIA CORPORATION (NVDA, +1.29% weight, +27.02% shares), S&P GLOBAL INC (SPGI, +0.28% weight, +19.83% shares), RESIDEO TECHNOLOGIES INC (REZI, +0.57% weight, +18.56% shares), ABBOTT LABS (ABT, +0.03% weight, +12.59% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, +1.28% weight, +0.72% shares).
Which positions did LOCUST WOOD CAPITAL ADVISERS, LLC fully exit in Q1 2026?
LOCUST WOOD CAPITAL ADVISERS, LLC fully exited 6 positions in Q1 2026: SALESFORCE INC (CRM, last-reported weight 2.24%), NIKE INC (NKE, last-reported weight 2.05%), SERVICENOW (NOW, last-reported weight 1.72%), AXALTA COATING SYS LTD (AXTA, last-reported weight 1.60%), ELEVANCE HEALTH INC FORMERLY (ELV, last-reported weight 1.25%), APOLLO GLOBAL MGMT INC (APO, last-reported weight 1.22%).
Which existing positions saw the largest allocation reductions for LOCUST WOOD CAPITAL ADVISERS, LLC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: SUNCOR ENERGY, INC. (SU, -0.38% weight, -50.51% shares), VERTIV HOLDINGS CO (VRT, 0.26% weight, -36.53% shares), LINDE PLC (LIN, -0.70% weight, -29.27% shares), CANADIAN PACIFIC KANSAS CITY (CP, -0.24% weight, -27.14% shares), CSX CORP (CSX, 0.02% weight, -18.74% shares), STERIS PLC (STE, -0.44% weight, -11.63% shares), APPLE INC (AAPL, -0.35% weight, -11.38% shares), ALPHABET INC (GOOGL, -0.47% weight, -10.80% shares), ELEMENT SOLUTIONS INC (ESI, 1.08% weight, -9.28% shares), WASTE MANAGEMENT INC (WM, 0.11% weight, -8.61% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.