Brandywine Financial Group

Brandywine Financial Group's $120M, 36-name 13F for Q1 2026 is a highly concentrated institutional book whose defining characteristic is a dominant single-name bet on TILL (Pacific Valley Bank) at 13.4% of portfolio — a weight that alone accounts for roughly one-third of the fund's equity risk in its largest position. Beyond TILL, the top layer includes a silver-biased unconventional overlay (SILJ, 11.5%), large-cap technology (GOOGL, 8.4%; DHR, 7.4%), and two additional names — a composition that signals a manager willing to express conviction through outsized sector bets rather than broad equity diversification. With whaleScore of 66.75 reflecting extreme concentration across only 36 names, this fund is fundamentally a concentrated active-management vehicle whose primary investment signal is name-level conviction at meaningful size rather than normalized sector weighting.