SEC 13F Intelligence

Managers / Q1 2026

1248 Management, LLC

CIK 0002011147 · 4622 PENNSYLVANIA AVE, SUITE 600, KANSAS CITY, MO, 64112 · 9133534415

Reported Value
$216M
Q1 2026
Positions
147
Filings on Record
7
2019–present window
Filed
May 15, 2026
original filing

Summary

1248 Management, LLC reported $216M in U.S.-listed holdings across 147 positions for Q1 2026.

Its largest position, PSBD, represents 13.9% of the portfolio.

Compared with Q4 2025, the fund opened 15 new positions and exited 26.

Portfolio Metrics

Turnover
+18.1%
vs prior filed quarter
Top-10 Concentration
+59.5%
share of reported value
Largest Position
+13.9%
Palmer Square Capital Bdc In
New / Exited
15 / 26
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $232MQ4 ’24Q1 ’25: $183MQ1 ’25Q2 ’25: $271MQ2 ’25Q3 ’25: $177MQ3 ’25Q4 ’25: $187MQ4 ’25Q1 ’26: $216MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.9%ETP: 9.3%Other: 1.4%ADR: 0.4%REIT: 0.0%
  • Common Stock · 88.9% · $192M
  • ETP · 9.3% · $20M
  • Other · 1.4% · $3M
  • ADR · 0.4% · $831,099
  • REIT · 0.0% · $48,688

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+242.0K242.0K+$19M$19M
OKTAOKTA INCNEW+70.8K70.8K+$6M$6M
APOAPOLLO GLOBAL MGMT INCNEW+44.3K44.3K+$5M$5M
LPLALPL FINL HLDGS INCNEW+13.9K13.9K+$4M$4M
MPWRMONOLITHIC PWR SYS INCNEW+548548+$600,252$600,252
ASTRAZENECA PLCNEW+3.0K3.0K+$586,927$586,927
MTBM & T BK CORPNEW+2.7K2.7K+$558,557$558,557
MARMARRIOTT INTL INC NEWNEW+1.7K1.7K+$552,421$552,421

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PSBDPALMER SQUARE CAPITAL BDC INhistory →COM SHS13.89%$30M2.95M
2ISHARES TRGL TIMB FORE ETF8.98%$19M242.0K
3GOOGLALPHABET INChistory →CAP STK CL C6.92%$15M51.9K
4MSFTMICROSOFT CORPhistory →COM6.59%$14M38.4K
5SCHWSCHWAB CHARLES CORPhistory →COM6.37%$14M146.3K
6AMZNAMAZON COM INChistory →COM4.50%$10M46.6K
7JPMJPMORGAN CHASE & COhistory →COM4.46%$10M32.7K
8HOODROBINHOOD MKTS INChistory →COM CL A3.93%$8M122.4K
9NVDANVIDIA CORPORATIONhistory →COM3.90%$8M48.2K
10ORCLORACLE CORPhistory →COM3.72%$8M54.6K
11CRWDCROWDSTRIKE HLDGS INChistory →CL A2.96%$6M16.4K
12OKTAOKTA INChistory →NOTE 0.375% 6/12.58%$6M70.8K
13CRMSALESFORCE INChistory →COM2.37%$5M27.4K
14APOAPOLLO GLOBAL MGMT INChistory →SER A MAND CNV2.29%$5M44.3K
15LPLALPL FINL HLDGS INChistory →COM1.93%$4M13.9K
16AAPLAPPLE INChistory →COM1.53%$3M13.0K
17ACHRARCHER AVIATION INChistory →COM CL A1.47%$3M614.6K
18PAYSPAYSIGN INChistory →COM1.36%$3M497.4K
19GLWCORNING INCCOM0.75%$2M11.9K
20GEVGE VERNOVA INCCOM0.74%$2M1.8K
21METAMETA PLATFORMS INCCL A0.68%$1M2.6K
22LLYELI LILLY & COCOM0.65%$1M1.5K
23AVGOBROADCOM INCCOM0.63%$1M4.4K
24BKRBAKER HUGHES COMPANYCL A0.57%$1M20.1K
25GSGOLDMAN SACHS GROUP INCCOM0.52%$1M1.3K
26ABBVABBVIE INCCOM0.49%$1M4.9K
27TDYTELEDYNE TECHNOLOGIES INCCOM0.49%$1M1.7K
28AMGNAMGEN INCCOM0.42%$902,8472.6K
29KLACKLA CORPCOM NEW0.42%$896,698609
30VVISA INCCOM CL A0.42%$895,5373.0K
31AZOAUTOZONE INCCOM0.40%$854,578253
32BLKBLACKROCK INCCOM0.39%$849,190883
33PNCPNC FINL SVCS GROUP INCCOM0.38%$820,0833.9K
34CDNSCADENCE DESIGN SYSTEM INCCOM0.37%$793,0412.9K
35TRVCCITIGROUP INCCOM NEW0.37%$791,1487.0K
36COSTCOSTCO WHOLESALE CORPORATIONCOM0.36%$787,180790
37TJXTJX COS INC NEWCOM0.36%$785,7244.9K
38PANWPALO ALTO NETWORKS INCCOM0.36%$771,3004.8K
39TSMTAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS0.35%$748,2672.2K
40UBERUBER TECHNOLOGIES INCNOTE 0.875%12/00.34%$728,00410.1K
41SYKSTRYKER CORPORATIONCOM0.33%$711,9852.2K
42BSXBOSTON SCIENTIFIC CORPCOM0.33%$710,45611.3K
43REGNREGENERON PHARMACEUTICALSCOM0.33%$705,420913
44TE CONNECTIVITY PLCORD SHS0.32%$699,5903.3K
45CHVCHEVRON CORPORATIONCOM0.32%$698,7013.4K
46TSLATESLA INCCOM0.32%$690,3401.9K
47BKNGBOOKING HOLDINGS INCCOM0.32%$686,282163
48EATON CORP PLCSHS0.32%$682,4341.9K
49ANETARISTA NETWORKS INCCOM SHS0.30%$656,0145.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$216M147May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$187M157Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$177M156Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$271M168Aug 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$183M179May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$232M75Feb 14, 202513F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.