Bannerstone Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Bannerstone Capital Management, LLC reported 97 stock positions worth $107.6 million. Its top holding was Celestica (CLS) at 10.4% of the portfolio, followed by Palantir Technologies Class A (PLTR, 5.0%) and Nvidia (NVDA, 4.9%). Compared with Q4 2025, it opened 13 new positions, sold out of 16, added to 44 and reduced 30. The biggest buy was a new position in Curtiss-Wright (CW) and the biggest sale an exit from Vertiv Class A (VRT).
- Most Recent 13F
- Q2 2026
- Location
- WAYZATA, MN
- CIK
- 0002083499
- Portfolio Value
- $107.6M (Q1 2026)
- SEC Filing
- 0002085853-26-000581 ↗ filed May 11, 2026
Holdings Value
Holdings 97 stocks · $107.6M
| CLS Celestica Inc. | 10.40% | 4,209 | $11.2M | Reduce -3.6% |
| PLTR Palantir Technologies Inc. Class A | 4.98% | 36,442 | $5.4M | Add +2.3% |
| NVDA Nvidia Corp. | 4.93% | 30,445 | $5.3M | Reduce -1.5% |
| AAPL Apple Inc. | 4.71% | 19,988 | $5.1M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.29% | 9,628 | $4.6M | Reduce -3.5% |
| GS Goldman Sachs Group Inc. | 3.29% | 4,185 | $3.5M | Add +1.0% |
| FDS Factset Research Systems Inc. | 2.77% | 13,729 | $3.0M | No change |
| JPM JPMorgan Chase & Co. | 2.66% | 9,723 | $2.9M | Reduce -0.3% |
| MSFT Microsoft Corp. | 2.48% | 7,220 | $2.7M | Add +1.3% |
| LRCX Lam Research Corp. | 2.33% | 11,774 | $2.5M | Add +16.8% |
| PWR Quanta Services Inc. | 2.23% | 4,362 | $2.4M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.03% | 3,999 | $2.2M | Add +23.0% |
| LLY Eli Lilly & Co. | 1.61% | 1,883 | $1.7M | Add +2.9% |
| ETN Eaton Corp. PLC | 1.58% | 4,760 | $1.7M | Add +1.3% |
| FIX Comfort Systems USA Inc. | 1.57% | 1,225 | $1.7M | Reduce -11.6% |
| DB Deutsche Bank AG-Registered | 1.43% | 51,539 | $1.5M | Add +1.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.39% | 22,483 | $1.5M | Add +1.3% |
| CW Curtiss-Wright Corp. | 1.35% | 2,140 | $1.5M | New |
| AMZN Amazon.com Inc. | 1.32% | 6,803 | $1.4M | Add +1.4% |
| AGX Argan Inc. | 1.31% | 2,593 | $1.4M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.23% | 2,291 | $1.3M | Add +0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 1.19% | 2,772 | $1.3M | Add +0.4% |
| MA Mastercard Inc. Class A | 1.17% | 2,521 | $1.3M | Add +1.2% |
| APLD Applied Digital Corp. | 1.14% | 51,692 | $1.2M | Reduce -4.3% |
| KTOS Kratos Defense & Security | 1.13% | 17,284 | $1.2M | Reduce -5.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.13% | 5,613 | $1.2M | Add +3.6% |
| FTAI Ftai Aviation Ltd. | 1.12% | 4,923 | $1.2M | Reduce -3.3% |
| AMD Advanced Micro Devices | 1.09% | 5,762 | $1.2M | Reduce -0.7% |
| AXP American Express Co. | 1.08% | 3,827 | $1.2M | Add +1.2% |
| FSLY Fastly Inc. Class A | 1.05% | 38,790 | $1.1M | New |
| BE Bloom Energy Corp. Class A | 1.02% | 8,082 | $1.1M | Reduce -2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.98% | 3,683 | $1.1M | Add +0.4% |
| CME Cme Group Inc. | 0.94% | 3,420 | $1.0M | Reduce -17.8% |
| TECL Dire Dai Tec Bull 3X ETF-Usd | 0.82% | 10,247 | $887K | No change |
| PANW Palo Alto Networks Inc. | 0.82% | 5,486 | $880K | Add +2.1% |
| AAOI Applied Optoelectronics Inc. | 0.79% | 10,103 | $855K | New |
| COST Costco Wholesale Corp. | 0.78% | 843 | $840K | Reduce -3.0% |
| SNPS Synopsys Inc. | 0.74% | 2,006 | $795K | Add +4.3% |
| VLO Valero Energy Corp. | 0.69% | 3,006 | $743K | Add +1.6% |
| AVGO Broadcom Inc. | 0.68% | 2,357 | $730K | Add +3.8% |
| GE General Electric filed as GE AEROSPACE | 0.67% | 2,940 | $717K | Reduce -2.5% |
| MSTR Strategy Inc. | 0.64% | 5,554 | $693K | New |
| DE Deere & Co. | 0.64% | 1,228 | $692K | No change |
| CB Chubb Ltd. | 0.63% | 2,090 | $681K | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 0.62% | 2,320 | $667K | Add +2.6% |
| NOW ServiceNow Inc. | 0.62% | 6,342 | $663K | Reduce -2.8% |
| GEV GE Vernova Inc. | 0.61% | 749 | $654K | No change |
| JNJ Johnson & Johnson | 0.61% | 2,668 | $652K | No change |
| JXN Jackson Financial Inc. Class A | 0.59% | 6,017 | $636K | Add +5.9% |
| GOOG Alphabet Inc. Class C | 0.57% | 2,154 | $618K | Reduce -0.7% |
| TER Teradyne Inc. | 0.56% | 2,032 | $602K | New |
| APP AppLovin Corp. Class A | 0.52% | 1,417 | $564K | Add +1.3% |
| IBKR Interactive Brokers Gro Class A | 0.51% | 8,117 | $544K | Add +5.4% |
| CAH Cardinal Health Inc. | 0.48% | 2,454 | $518K | Add +3.3% |
| GHC Graham Holdings Co. Class B | 0.48% | 489 | $517K | Add +1.2% |
| UPS United Parcel Service Class B | 0.48% | 5,232 | $515K | No change |
| KLAC KLA Corp. | 0.48% | 348 | $512K | Reduce -0.8% |
| HD Home Depot Inc. | 0.46% | 1,515 | $498K | Reduce -4.4% |
| TGT Target Corp. | 0.43% | 3,848 | $466K | Reduce -12.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.43% | 1,519 | $462K | Add +5.0% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.43% | 348 | $460K | No change |
| ABBV Abbvie Inc. | 0.42% | 2,056 | $447K | Add +2.6% |
| PEP Pepsico Inc. | 0.40% | 2,777 | $431K | Add +3.1% |
| SHOP Shopify Inc. Class A | 0.40% | 3,607 | $428K | Add +6.9% |
| RTX RTX Corp. | 0.39% | 2,180 | $421K | Add +0.9% |
| TKO Tko Group Holdings Inc. | 0.38% | 2,023 | $408K | Add +4.8% |
| LHX L3HARRIS Technologies Inc. | 0.38% | 1,169 | $404K | New |
| EOG EOG Resources Inc. | 0.37% | 2,768 | $400K | Reduce -3.2% |
| R Ryder System Inc. | 0.36% | 1,905 | $390K | Add +0.2% |
| GLD SPDR Gold Shares | 0.34% | 862 | $371K | No change |
| FAST Fastenal Co. | 0.34% | 7,938 | $368K | Reduce -1.6% |
| VST Vistra Corp. | 0.33% | 2,393 | $360K | Reduce -62.0% |
| UNH Unitedhealth Group Inc. | 0.33% | 1,313 | $355K | Reduce -0.1% |
| RKLB Rocket Lab Corp. | 0.33% | 5,525 | $355K | New |
| DFAU Dimensional US Core Equity M | 0.32% | 7,549 | $341K | Add +0.9% |
| DFAT Dimensional US Target Value | 0.30% | 5,254 | $328K | Add +0.7% |
| SLV iShares Silver Trust | 0.30% | 4,795 | $327K | Reduce -0.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.28% | 1,155 | $302K | Add +0.3% |
| TTC Toro Co. | 0.28% | 3,200 | $299K | No change |
| EBAY eBay Inc. | 0.27% | 3,163 | $288K | Reduce -2.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.26% | 1,693 | $281K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 1,129 | $274K | Reduce -0.2% |
| NFLX Netflix Inc. | 0.25% | 2,752 | $265K | Reduce -63.4% |
| LMT Lockheed Martin Corp. | 0.24% | 421 | $254K | Reduce -0.7% |
| UI Ubiquiti Inc. | 0.24% | 321 | $254K | New |
| MMM 3M Co. | 0.23% | 1,741 | $253K | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.23% | 428 | $245K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 739 | $237K | Add +1.8% |
| STT State Street Corp. | 0.22% | 1,873 | $237K | Add +0.2% |
| SBUX Starbucks Corp. | 0.22% | 2,596 | $233K | New |
| IVV iShares Core S&P 500 ETF | 0.21% | 350 | $229K | Reduce -9.1% |
| WMT Walmart Inc. | 0.21% | 1,783 | $222K | New |
| DGRO iShares Core Dividend Growth | 0.20% | 3,129 | $220K | Add +3.9% |
| DFAI Dimensional International Co. | 0.20% | 5,629 | $219K | Add +3.5% |
| CAT Caterpillar Inc. | 0.20% | 300 | $213K | New |
| TSLA Tesla Inc. | 0.19% | 559 | $208K | Reduce -3.1% |
| HON Honeywell International Inc. | 0.19% | 889 | $201K | New |
Portfolio Sells Q4 2025 → Q1 2026
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.51 |
| BMNR Bitmine Immersion Technologi | Sold out | 0.00% | −1.06 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.79 |
| VST Vistra Corp. | Reduce -62.0% | 0.33% | −0.64 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.60 |
| NVDA Nvidia Corp. | Reduce -1.5% | 4.93% | −0.59 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.58 |
| INOD Innodata Inc. | Sold out | 0.00% | −0.57 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.56 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.5% | 4.29% | −0.52 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.43 |
| NFLX Netflix Inc. | Reduce -63.4% | 0.25% | −0.43 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.38 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 2.66% | −0.35 |
| NOW ServiceNow Inc. | Reduce -2.8% | 0.62% | −0.34 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.34 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.29 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.26 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.22 |
| GE General Electric | Reduce -2.5% | 0.67% | −0.22 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.21 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.20 |
| KTOS Kratos Defense & Security | Reduce -5.2% | 1.13% | −0.19 |
| CME Cme Group Inc. | Reduce -17.8% | 0.94% | −0.15 |
| APLD Applied Digital Corp. | Reduce -4.3% | 1.14% | −0.13 |
| AMD Advanced Micro Devices | Reduce -0.7% | 1.09% | −0.10 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 0.33% | −0.09 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 0.57% | −0.08 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.25% | −0.07 |
| HD Home Depot Inc. | Reduce -4.4% | 0.46% | −0.06 |
| TSLA Tesla Inc. | Reduce -3.1% | 0.19% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -9.1% | 0.21% | −0.04 |
| EBAY eBay Inc. | Reduce -2.5% | 0.27% | −0.00 |
| SLV iShares Silver Trust | Reduce -0.3% | 0.30% | +0.01 |
| TGT Target Corp. | Reduce -12.7% | 0.43% | +0.02 |
| FAST Fastenal Co. | Reduce -1.6% | 0.34% | +0.03 |
| LMT Lockheed Martin Corp. | Reduce -0.7% | 0.24% | +0.04 |
| COST Costco Wholesale Corp. | Reduce -3.0% | 0.78% | +0.06 |
| KLAC KLA Corp. | Reduce -0.8% | 0.48% | +0.07 |
| EOG EOG Resources Inc. | Reduce -3.2% | 0.37% | +0.08 |
| FTAI Ftai Aviation Ltd. | Reduce -3.3% | 1.12% | +0.16 |
| BE Bloom Energy Corp. Class A | Reduce -2.5% | 1.02% | +0.33 |
| FIX Comfort Systems USA Inc. | Reduce -11.6% | 1.57% | +0.33 |
| AGX Argan Inc. | Reduce -1.6% | 1.31% | +0.52 |
| CLS Celestica Inc. | Reduce -3.6% | 10.40% | +9.16 |
Portfolio Buys Q4 2025 → Q1 2026
| CW Curtiss-Wright Corp. | New | 1.35% | +1.35 |
| FSLY Fastly Inc. Class A | New | 1.05% | +1.05 |
| AAOI Applied Optoelectronics Inc. | New | 0.79% | +0.79 |
| LRCX Lam Research Corp. | Add +16.8% | 2.33% | +0.68 |
| MSTR Strategy Inc. | New | 0.64% | +0.64 |
| TER Teradyne Inc. | New | 0.56% | +0.56 |
| PWR Quanta Services Inc. | Add +0.1% | 2.23% | +0.46 |
| LHX L3HARRIS Technologies Inc. | New | 0.38% | +0.38 |
| RKLB Rocket Lab Corp. | New | 0.33% | +0.33 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.26% | +0.26 |
| UI Ubiquiti Inc. | New | 0.24% | +0.24 |
| VLO Valero Energy Corp. | Add +1.6% | 0.69% | +0.23 |
| SBUX Starbucks Corp. | New | 0.22% | +0.22 |
| WMT Walmart Inc. | New | 0.21% | +0.21 |
| CAT Caterpillar Inc. | New | 0.20% | +0.20 |
| HON Honeywell International Inc. | New | 0.19% | +0.19 |
| ETN Eaton Corp. PLC | Add +1.3% | 1.58% | +0.15 |
| IBKR Interactive Brokers Gro Class A | Add +5.4% | 0.51% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | Add +5.0% | 0.43% | +0.03 |
| PEP Pepsico Inc. | Add +3.1% | 0.40% | +0.03 |
| CB Chubb Ltd. | Add +1.1% | 0.63% | +0.01 |
| CAH Cardinal Health Inc. | Add +3.3% | 0.48% | +0.01 |
| R Ryder System Inc. | Add +0.2% | 0.36% | +0.01 |
| RTX RTX Corp. | Add +0.9% | 0.39% | +0.01 |
| JXN Jackson Financial Inc. Class A | Add +5.9% | 0.59% | +0.01 |
| DFAT Dimensional US Target Value | Add +0.7% | 0.30% | +0.01 |
| DFAI Dimensional International Co. | Add +3.5% | 0.20% | +0.01 |
| DGRO iShares Core Dividend Growth | Add +3.9% | 0.20% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.3% | 0.28% | −0.00 |
| TKO Tko Group Holdings Inc. | Add +4.8% | 0.38% | −0.01 |
| STT State Street Corp. | Add +0.2% | 0.22% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.8% | 0.22% | −0.01 |
| DFAU Dimensional US Core Equity M | Add +0.9% | 0.32% | −0.02 |
| ABBV Abbvie Inc. | Add +2.6% | 0.42% | −0.02 |
| GHC Graham Holdings Co. Class B | Add +1.2% | 0.48% | −0.03 |
| MMM 3M Co. | Add +0.1% | 0.23% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.4% | 0.98% | −0.04 |
| GOOGL Alphabet Inc. Class A | Add +2.6% | 0.62% | −0.06 |
| AVGO Broadcom Inc. | Add +3.8% | 0.68% | −0.08 |
| DIA SS SPDR Dow Jones Indus Avg | Add +0.4% | 1.19% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +23.0% | 2.03% | −0.10 |
| WRB WR Berkley Corp. | Add +1.3% | 1.39% | −0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 1.23% | −0.12 |
| SHOP Shopify Inc. Class A | Add +6.9% | 0.40% | −0.12 |
| SNPS Synopsys Inc. | Add +4.3% | 0.74% | −0.13 |
| PANW Palo Alto Networks Inc. | Add +2.1% | 0.82% | −0.13 |
| AMZN Amazon.com Inc. | Add +1.4% | 1.32% | −0.17 |
| MA Mastercard Inc. Class A | Add +1.2% | 1.17% | −0.19 |
| GS Goldman Sachs Group Inc. | Add +1.0% | 3.29% | −0.20 |
| AJG Arthur J Gallagher & Co. | Add +3.6% | 1.13% | −0.21 |