# 1248 Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2011147. Source: https://holderbook.com/funds/2011147-1248-management-llc/

- Reported value: $255.8M
- Positions: 149
- Weight of the ten largest: 60.0%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PALMER SQUARE CAPITAL BDC IN | [PSBD](https://holderbook.com/stocks/PSBD/) | $34.4M | 3,186,701 | 13.5% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $18.9M | 52,792 | 7.4% | 7 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $15.5M | 131,165 | 6.1% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.1M | 37,753 | 5.5% | 7 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $13.5M | 146,646 | 5.3% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $12.5M | 16,383 | 4.9% | 6 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $12.3M | 122,430 | 4.8% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.4M | 48,010 | 4.5% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $10.7M | 32,729 | 4.2% | 7 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $10.0M | 65,770 | 3.9% | 1 |
| OKTA INC | [OKTA](https://holderbook.com/stocks/OKTA/) | $9.7M | 70,761 | 3.8% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $9.6M | 48,227 | 3.8% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $9.2M | 58,471 | 3.6% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $8.0M | 54,603 | 3.1% | 7 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $5.5M | 23,089 | 2.2% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.8M | 13,010 | 1.5% | 7 |
| ARCHER AVIATION INC | [ACHR](https://holderbook.com/stocks/ACHR/) | $2.9M | 614,628 | 1.1% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.2M | 1,807 | 0.8% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.2M | 5,733 | 0.8% | 7 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $2.1M | 8,302 | 0.8% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.6M | 8,200 | 0.6% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.5M | 1,271 | 0.6% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 2,567 | 0.6% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.4M | 1,227 | 0.6% | 2 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.3M | 4,358 | 0.5% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.2M | 4,902 | 0.5% | 7 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $1.2M | 1,744 | 0.5% | 4 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.1M | 2,854 | 0.4% | 6 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.1M | 2,208 | 0.4% | 6 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.0M | 3,023 | 0.4% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.0M | 2,963 | 0.4% | 7 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $976.4K | 6,976 | 0.4% | 4 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $970.4K | 3,941 | 0.4% | 7 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $956.0K | 22,400 | 0.4% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $929.2K | 2,566 | 0.4% | 6 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $926.1K | 6,113 | 0.4% | 7 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $919.1K | 3,814 | 0.4% | 1 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $914.3K | 904 | 0.4% | 7 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $907.7K | 5,343 | 0.4% | 7 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $875.5K | 11,108 | 0.3% | 6 |
| ROYALTY PHARMA PLC | [RPRX](https://holderbook.com/stocks/RPRX/) | $849.9K | 15,158 | 0.3% | 1 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $849.1K | 883 | 0.3% | 7 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $839.5K | 741 | 0.3% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $823.8K | 1,604 | 0.3% | 6 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $813.0K | 1,908 | 0.3% | 7 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $808.6K | 253 | 0.3% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $781.1K | 1,857 | 0.3% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $763.7K | 10,584 | 0.3% | 7 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $758.6K | 548 | 0.3% | 2 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $748.0K | 2,873 | 0.3% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $739.0K | 790 | 0.3% | 7 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $698.9K | 4,134 | 0.3% | 7 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $682.7K | 1,719 | 0.3% | 2 |
| SILICON MOTION TECHNOLOGY CO | [SIMO](https://holderbook.com/stocks/SIMO/) | $681.3K | 2,044 | 0.3% | 1 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $674.8K | 3,347 | 0.3% | 4 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $657.6K | 2,083 | 0.3% | 6 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $643.1K | 2,702 | 0.3% | 2 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $639.8K | 1,006 | 0.3% | 6 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $636.1K | 11,461 | 0.2% | 6 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $625.9K | 1,689 | 0.2% | 2 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $588.7K | 3,186 | 0.2% | 6 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $564.3K | 2,976 | 0.2% | 2 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $559.8K | 3,377 | 0.2% | 7 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $521.3K | 1,415 | 0.2% | 6 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $496.4K | 5,000 | 0.2% | 7 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $489.4K | 2,652 | 0.2% | 3 |
| RIVIAN AUTOMOTIVE INC | [RIVN](https://holderbook.com/stocks/RIVN/) | $454.1K | 26,175 | 0.2% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $420.8K | 582 | 0.2% | 2 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $383.9K | 7,993 | 0.2% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $336.4K | 2,970 | 0.1% | 6 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $330.2K | 463 | 0.1% | 6 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $301.1K | 3,822 | 0.1% | 6 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $280.5K | 3,196 | 0.1% | 7 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $275.6K | 531 | 0.1% | 6 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $271.6K | 553 | 0.1% | 6 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $268.1K | 430 | 0.1% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $247.1K | 1,910 | 0.1% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $235.0K | 3,291 | 0.1% | 6 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $212.2K | 1,447 | 0.1% | 7 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $205.1K | 1,758 | 0.1% | 6 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $192.7K | 753 | 0.1% | 6 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $159.2K | 369 | 0.1% | 3 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $151.0K | 900 | 0.1% | 1 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $149.3K | 714 | 0.1% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $102.6K | 205 | 0.0% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $99.9K | 172 | 0.0% | 2 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $96.8K | 128 | 0.0% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $87.9K | 346 | 0.0% | 6 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $86.1K | 289 | 0.0% | 6 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $79.8K | 2,495 | 0.0% | 6 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $74.3K | 587 | 0.0% | 6 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $62.9K | 145 | 0.0% | 2 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $62.7K | 159 | 0.0% | 6 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $58.7K | 157 | 0.0% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $57.8K | 423 | 0.0% | 6 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $56.1K | 444 | 0.0% | 6 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $55.7K | 1,053 | 0.0% | 5 |
| DOLLAR TREE INC | [DLTR](https://holderbook.com/stocks/DLTR/) | $54.3K | 449 | 0.0% | 5 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $49.0K | 275 | 0.0% | 7 |
| LAMAR ADVERTISING CO | [LAMR](https://holderbook.com/stocks/LAMR/) | $47.3K | 303 | 0.0% | 6 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +15.5% | +14.8% | +0.7% | 99% |
| Q1 2026 | -11.6% | -4.6% | -7.0% | 99% |
| Q4 2025 | +0.6% | +2.4% | -1.8% | 99% |
| Q3 2025 | +6.7% | +7.8% | -1.1% | 100% |
| Q2 2025 | +14.8% | +10.5% | +4.3% | 103% |
| Q1 2025 | -7.2% | -4.6% | -2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $255.8M | 149 |
| Q1 2026 | $215.7M | 146 |
| Q4 2025 | $186.9M | 157 |
| Q3 2025 | $177.3M | 156 |
| Q2 2025 | $270.8M | 168 |
| Q1 2025 | $234.0M | 167 |
| Q4 2024 | $232.2M | 75 |