AH
Armstrong Henry H Associates Inc Investment Portfolio (Q2 2026) — 13F Stock Holdings
Armstrong Henry H Associates IncCIK: 0001056827
Momentum followerLong-term holderSector-focused
Total reported value
$1.0B
Reporting period: 2026-06-30 · Number of holdings: 65
ARMSTRONG HENRY H ASSOCIATES INC disclosed 65 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $1.0B and a quarterly turnover rate of 6.1%.
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Personality snowflake
- Concentration
- 54.96
- Portfolio Stability
- 6.13
- Momentum
- 100
- Sector conviction
- 75.23
- Diversification
- 100
- Sizing Uniformity
- 71.86
Armstrong Henry H Associates Inc's disclosed holdings carry a Herfindahl concentration index of 0.137 — mathematically equivalent to about 7 equally-sized positions, well below its 65 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.81), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 2.9 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Sector classification currently covers about 62% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim MSFT
-1.0% -$455.0K
Add ASML
+7.2% $6.3M
Trim BRK-A
-1.5% $5.4M
Add GOOG
-0.3% $6.1M
Trim PG
-1.0% $282.8K
Add RBA
+51.3% $2.2M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 64 holdings (of 65 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | Stock-Tech | 22.48% | -1.22% | -0.96% | |
| 2 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 19.58% | -0.47% | -1.46% | |
| 3 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 18.18% | +0.18% | +1.75% | |
| 4 | JNJ | Johnson & Johnson | Stock-Healthcare | 7.94% | -0.03% | +0.86% | |
| 5 | MCO | Moody's CORP | Stock-Financials | 6.33% | -0.08% | +0.09% | |
| 6 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 4.97% | -0.23% | -0.95% | |
| 7 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 3.17% | +0.45% | -0.27% | |
| 8 | UNP | Union Pacific CORP | Stock-Industrials | 1.81% | +0.16% | +2.86% | |
| 9 | ASML | ASML Holding N.V. | Stock-Tech | 1.61% | +0.56% | +7.16% | |
| 10 | AAPL | Apple Inc | Stock-Tech | 1.59% | +0.08% | -3.00% | |
| 11 | APD | Air Products & Chemicals Inc | Stock-Materials | 1.58% | +0.08% | +10.25% | |
| 12 | FAST | Fastenal Co | Stock-Industrials | 1.26% | +0.02% | +2.61% | |
| 13 | KO | Coca-cola Co/the | Stock-Consumer Staples | 1.01% | +0.01% | -1.03% | |
| 14 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.84% | +0.12% | -0.76% | |
| 15 | MDT | Medtronic plc | Stock-Healthcare | 0.71% | -0.17% | -5.35% | |
| 16 | MA | Mastercard Inc - A | Stock-Financials | 0.62% | -0.04% | -4.67% | |
| 17 | RBA | Rb Global Inc | Stock-Industrials | 0.46% | +0.20% | +51.32% | |
| 18 | GE | General Electric | Stock-Industrials | 0.44% | +0.09% | — | |
| 19 | ABBV | Abbvie Inc | Stock-Healthcare | 0.43% | +0.04% | -0.56% | |
| 20 | HD | Home Depot Inc | Stock-Consumer Disc | 0.37% | +0.01% | — | |
| 21 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.34% | +0.03% | -0.02% | |
| 22 | ADP | Automatic Data Processing | Stock-Tech | 0.30% | +0.01% | — | |
| 23 | NVDA | Nvidia CORP | Stock-Tech | 0.30% | +0.03% | — | |
| 24 | GEV | GE Vernova Inc | Stock-Industrials | 0.30% | +0.07% | — | |
| 25 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.27% | +0.02% | — | |
| 26 | PEP | Pepsico Inc | Stock-Consumer Staples | 0.21% | -0.05% | — | |
| 27 | J | Jacobs Solutions Inc | Stock-Industrials | 0.21% | -0.01% | — | |
| 28 | V | Visa Inc-class A Shares | Stock-Financials | 0.21% | +0.02% | -0.16% | |
| 29 | MU | Micron Technology Inc | Stock-Tech | 0.20% | +0.14% | — | |
| 30 | MMM | 3m Co | Stock-Industrials | 0.18% | +0.01% | — | |
| 31 | UBER | Uber Technologies Inc | Stock-Industrials | 0.18% | -0.08% | -28.74% | |
| 32 | ABT | Abbott Laboratories | Stock-Healthcare | 0.16% | -0.03% | -0.54% | |
| 33 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.16% | +0.01% | — | |
| 34 | DCI | Donaldson Co Inc | Stock-Industrials | 0.14% | +0.12% | +467.14% | |
| 35 | WAT | Waters CORP | Stock-Healthcare | 0.13% | +0.01% | -6.93% | |
| 36 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 0.11% | -0.01% | +0.13% | |
| 37 | GLW | Corning Inc | Stock-Tech | 0.11% | +0.05% | -3.37% | |
| 38 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.10% | -0.01% | — | |
| 39 | ADSK | Autodesk Inc | Stock-Tech | 0.09% | +0.01% | +34.84% | |
| 40 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.08% | -0.01% | -0.22% | |
| 41 | VO | Vanguard Mid-cap ETF | ETF-Other | 0.07% | — | +300.00% | |
| 42 | WMT | Walmart Inc | Stock-Consumer Staples | 0.07% | -0.01% | -2.25% | |
| 43 | IBM | Intl Business Machines CORP | Stock-Tech | 0.06% | — | — | |
| 44 | EMR | Emerson Electric Co | Stock-Industrials | 0.05% | — | -3.97% | |
| 45 | VB | Vanguard Small-cap ETF | ETF-Other | 0.05% | — | — | |
| 46 | AMD | Advanced Micro Devices | Stock-Tech | 0.05% | +0.05% | NEW | |
| 47 | CDNA | Caredx Inc | Stock-Other | 0.04% | +0.01% | — | |
| 48 | SHW | Sherwin-williams Co/the | Stock-Materials | 0.04% | — | — | |
| 49 | SCHW | Schwab (charles) CORP | Stock-Financials | 0.04% | -0.02% | -32.84% | |
| 50 | PFE | Pfizer Inc | Stock-Healthcare | 0.04% | — | — |
1–50 of 64
Portfolio Performance
Performance for Q3 2026
+11.4%
Performance Last 4 Quarters
+12.1%
Based on 62% of reported portfolio value with available pricing
- Stdev
- +15.1%
- Beta
- +0.92
- Alpha
- -2.5%
- Max Drawdown
- -11.3%
- Annualized Perf
- +15.8%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +2.05
- Stutzer
- +0.31
- Treynor
- +0.17
- Sterling
- +0.88
- Calmar
- +1.39
- Information Ratio
- -0.44
- Tracking Error
- +9.4%
- Stdev Down
- +7.7%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +29.2%
- Worst 12 Months
- -0.6%
- Efficiency Ratio
- +0.43
- Sharpe
- +1.05
- Stdev Sectors
- +12.5%
- Skewness
- +0.21
- Kurtosis
- -0.48
- Upside Potential
- +3.82
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 65 | $1.0B | 6 | ||
| 2026 Q1 | 62 | $981.4M | 14 | ||
| 2025 Q4 | 63 | $1.1B | 7 | ||
| 2025 Q3 | 63 | $1.1B | 16 | ||
| 2025 Q2 | 58 | $1.1B | 0 | ||
| 2025 Q1 | 58 | $1.0B | 100 | ||
| 2024 Q4 | 58 | $1.0B | 0 | ||
| 2024 Q3 | 63 | $1.0B | 0 | ||
| 2024 Q2 | 59 | $1.0B | 0 | ||
| 2024 Q1 | 56 | $1.0B | 0 | ||
| 2023 Q4 | 58 | $941.2M | 0 | ||
| 2023 Q3 | 57 | $875.4M | 0 | ||
| 2023 Q2 | 57 | $905.4M | 0 | ||
| 2023 Q1 | 59 | $821.2M | 0 | ||
| 2022 Q4 | 62 | $806.6M | 0 | ||
| 2022 Q3 | 60 | $737.8M | 0 | ||
| 2022 Q2 | 62 | $792.7M | 0 | ||
| 2022 Q1 | 61 | $947.5M | 0 | ||
| 2021 Q4 | 60 | $952.9M | 0 | ||
| 2021 Q3 | 59 | $863.6M | 0 | ||
| 2021 Q2 | 60 | $870.5M | 100 | ||
| 2021 Q1 | 60 | $811.7M | 8 | ||
| 2020 Q4 | 60 | $759.3M | 6 | ||
| 2020 Q3 | 57 | $721.6M | 10 | ||
| 2020 Q2 | 56 | $667.5M | 13 | ||
| 2020 Q1 | 55 | $603.3M | 14 | ||
| 2019 Q4 | 65 | $694.6M | 13 | ||
| 2019 Q3 | 51 | $609.5M | 23 | ||
| 2019 Q2 | 52 | $731.5M | 27 | ||
| 2019 Q1 | 51 | $648.3M | 10 | ||
| 2018 Q4 | 51 | $608.8M | 9 | ||
| 2018 Q3 | 55 | $651.4M | 12 | ||
| 2018 Q2 | 53 | $586.4M | 6 | ||
| 2018 Q1 | 52 | $603.0M | 7 | ||
| 2017 Q4 | 52 | $593.6M | 9 | ||
| 2017 Q3 | 53 | $555.7M | 7 | ||
| 2017 Q2 | 52 | $523.9M | 15 | ||
| 2017 Q1 | 52 | $527.9M | 10 | ||
| 2016 Q4 | 50 | $481.6M | 20 | ||
| 2016 Q3 | 48 | $520.5M | 8 | ||
| 2016 Q2 | 48 | $498.5M | 6 | ||
| 2016 Q1 | 45 | $484.4M | 15 | ||
| 2015 Q4 | 48 | $510.9M | 12 | ||
| 2015 Q3 | 41 | $488.2M | 22 | ||
| 2015 Q2 | 40 | $413.2M | 12 | ||
| 2015 Q1 | 40 | $453.0M | 6 | ||
| 2014 Q4 | 37 | $461.8M | 18 | ||
| 2014 Q3 | 40 | $436.8M | 8 | ||
| 2014 Q2 | 39 | $419.4M | 5 | ||
| 2014 Q1 | 39 | $404.2M | 25 | ||
| 2013 Q4 | 37 | $483.5M | 28 | ||
| 2013 Q3 | 34 | $369.9M | 4 | ||
| 2013 Q2 | 35 | $368.8M | — |
Holding changes this quarter
Armstrong Henry H Associates Inc's most significant position changes for 2026-06-30: Sold out: Exxon Mobil CORP (XOM); New buy: Advanced Micro Devices (AMD); New buy: Tesla Inc (TSLA); New buy: Cisco Systems Inc (CSCO); New buy: Stmicroelectronics Nv-ny Shs (STM).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ASML | ASML Holding N.V. | +0.6% | +7.16% | Add |
| 2 | GOOG | Alphabet Inc-cl C | +0.5% | -0.27% | Trim |
| 3 | RBA | Rb Global Inc | +0.2% | +51.32% | Add |
| 4 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +1.75% | Add |
| 5 | UNP | Union Pacific CORP | +0.2% | +2.86% | Add |
| 6 | MU | Micron Technology Inc | +0.1% | — | Unchanged |
| 7 | GOOGL | Alphabet Inc-cl A | +0.1% | -0.76% | Trim |
| 8 | DCI | Donaldson Co Inc | +0.1% | +467.14% | Add |
| 9 | GE | General Electric | +0.1% | — | Unchanged |
| 10 | APD | Air Products & Chemicals Inc | +0.1% | +10.25% | Add |
| 11 | AAPL | Apple Inc | +0.1% | -3.00% | Trim |
| 12 | GEV | GE Vernova Inc | +0.1% | — | Unchanged |
| 13 | AMD | Advanced Micro Devices | +0.1% | NEW | New buy |
| 14 | GLW | Corning Inc | +0.1% | -3.37% | Trim |
| 15 | ABBV | Abbvie Inc | 0% | -0.56% | Trim |
| 16 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | -0.02% | Trim |
| 17 | NVDA | Nvidia CORP | 0% | — | Unchanged |
| 18 | FAST | Fastenal Co | 0% | +2.61% | Add |
| 19 | AMZN | Amazon.com Inc | 0% | — | Unchanged |
| 20 | V | Visa Inc-class A Shares | 0% | -0.16% | Trim |
| 21 | TSLA | Tesla Inc | 0% | NEW | New buy |
| 22 | CSCO | Cisco Systems Inc | 0% | NEW | New buy |
| 23 | STM | Stmicroelectronics Nv-ny Shs | 0% | NEW | New buy |
| 24 | KO | Coca-cola Co/the | 0% | -1.03% | Trim |
| 25 | ADP | Automatic Data Processing | 0% | — | Unchanged |
| 26 | HD | Home Depot Inc | 0% | — | Unchanged |
| 27 | VTI | Vanguard Total Stock Mkt ETF | 0% | — | Unchanged |
| 28 | WAT | Waters CORP | 0% | -6.93% | Trim |
| 29 | MMM | 3m Co | 0% | — | Unchanged |
| 30 | CDNA | Caredx Inc | 0% | — | Unchanged |
| 31 | VOO | Vanguard S&p 500 ETF | 0% | +23.30% | Add |
| 32 | ADSK | Autodesk Inc | 0% | +34.84% | Add |
| 33 | NVO | Novo-nordisk A/s-spons Adr | 0% | — | Unchanged |
| 34 | IBM | Intl Business Machines CORP | — | — | Unchanged |
| 35 | VO | Vanguard Mid-cap ETF | — | +300.00% | Add |
| 36 | VB | Vanguard Small-cap ETF | — | — | Unchanged |
| 37 | PFE | Pfizer Inc | — | — | Unchanged |
| 38 | IVV | Ishares Core S&p 500 ETF | — | — | Unchanged |
| 39 | SOLV | Solventum CORP | — | — | Unchanged |
| 40 | SHW | Sherwin-williams Co/the | — | — | Unchanged |
| 41 | EMR | Emerson Electric Co | — | -3.97% | Trim |
| 42 | BHC | Bausch Health Cos Inc | — | — | Unchanged |
| 43 | MRK | Merck & Co. Inc. | — | — | Unchanged |
| 44 | NXDR | Nextdoor Holdings Inc | — | — | Unchanged |
| 45 | RTX | Rtx CORP | — | — | Unchanged |
| 46 | WMT | Walmart Inc | 0% | -2.25% | Trim |
| 47 | CVX | Chevron CORP | 0% | -6.34% | Trim |
| 48 | COST | Costco Wholesale CORP | 0% | — | Unchanged |
| 49 | TJX | Tjx Companies Inc | 0% | +0.13% | Add |
| 50 | GEHC | GE Healthcare Technology | 0% | — | Unchanged |
1–50 of 65
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Filing History
FAQ
What is Armstrong Henry H Associates Inc and what type of investor is it?
Armstrong Henry H Associates Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $1.0B, spread across 65 disclosed positions.
What are Armstrong Henry H Associates Inc's largest equity positions?
Based on the latest 13F filing, Armstrong Henry H Associates Inc's top holdings by market value are:
1. Microsoft CORP (MSFT) — $232.2M (22.5%)
2. Berkshire Hathaway Inc-cl A (BRK-A) — $202.2M (19.6%)
3. Berkshire Hathaway Inc-cl B (BRK-B) — $187.7M (18.2%)
4. Johnson & Johnson (JNJ) — $82.0M (7.9%)
5. Moody's CORP (MCO) — $65.3M (6.3%)
What changes did Armstrong Henry H Associates Inc make in its most recent portfolio filing?
In the latest reported quarter, Armstrong Henry H Associates Inc made 40 notable position adjustments: 4 new positions were initiated, 13 existing holdings were added to, 22 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Exxon Mobil CORP (XOM); New buy: Advanced Micro Devices (AMD); New buy: Tesla Inc (TSLA); New buy: Cisco Systems Inc (CSCO); New buy: Stmicroelectronics Nv-ny Shs (STM)
What sectors does Armstrong Henry H Associates Inc focus on?
Armstrong Henry H Associates Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 43.6%
• Health Care: 15.5%
• Financials: 11.7%
• Consumer Staples: 10.4%
• Industrials: 8.2%
• Communication Services: 6.7%
Investment Profile
Armstrong Henry H Associates Inc returned an annualized 15.8% over the trailing 36 months — underperforming the S&P 500 by 2.5 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.92 (roughly in line with the market) and a 36% quarterly batting average against the index.
Its portfolio is moderately concentrated and long-term-holding, with 43.6% of the portfolio concentrated in Information Technology.
It has added to its JNJ position over the past two quarters (+$15.6M, now $82.0M), while trimming MSFT over the same stretch (-$74.5M, still holding $232.2M).
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Developer Access
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