BE
Bonness Enterprises Inc's 13F Portfolio ($307.5M, Q3 2026)
Bonness Enterprises IncCIK: 0001105471
ContrarianSector-focusedQuality / disciplined sizing
Total reported value
$307.5M
Reporting period: 2026-09-30 · Number of holdings: 59
BONNESS ENTERPRISES INC disclosed 59 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $307.5M and a quarterly turnover rate of 15.8%.
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Personality snowflake
- Concentration
- 55.71
- Portfolio Stability
- 15.77
- Momentum
- 0
- Sector conviction
- 85.61
- Diversification
- 78
- Sizing Uniformity
- 78.67
Bonness Enterprises Inc's disclosed holdings carry a Herfindahl concentration index of 0.139 — mathematically equivalent to about 7 equally-sized positions, well below its 59 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 2.13), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MSFT
0.0% $5.3M
Trim GLW
0.0% -$5.4M
Trim PGR
0.0% -$5.7M
Trim AMAT
0.0% -$4.6M
New buy UL
New buy 30233Q108
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 39 holdings (of 59 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | PGR | Progressive CORP | Stock-Financials | 34.48% | -1.55% | — | |
| 2 | MSFT | Microsoft CORP | Stock-Tech | 6.34% | +1.77% | — | |
| 3 | SYK | Stryker CORP | Stock-Healthcare | 5.47% | -0.74% | -0.16% | |
| 4 | AAPL | Apple Inc | Stock-Tech | 5.31% | +0.73% | — | |
| 5 | AMAT | Applied Materials Inc | Stock-Tech | 3.62% | -1.46% | — | |
| 6 | JNJ | Johnson & Johnson | Stock-Healthcare | 3.32% | +0.16% | — | |
| 7 | MRK | Merck & Co. Inc. | Stock-Healthcare | 3.28% | +0.40% | — | |
| 8 | INTC | Intel CORP | Stock-Tech | 3.20% | -0.49% | — | |
| 9 | ABBV | Abbvie Inc | Stock-Healthcare | 3.14% | +0.15% | — | |
| 10 | CSCO | Cisco Systems Inc | Stock-Tech | 3.09% | -0.26% | — | |
| 11 | GLW | Corning Inc | Stock-Tech | 2.64% | -1.71% | — | |
| 12 | EMR | Emerson Electric Co | Stock-Industrials | 2.17% | +0.19% | — | |
| 13 | IBM | Intl Business Machines CORP | Stock-Tech | 2.11% | -0.57% | — | |
| 14 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 1.95% | +0.52% | — | |
| 15 | NUE | Nucor CORP | Stock-Materials | 1.78% | +0.10% | — | |
| 16 | PFE | Pfizer Inc | Stock-Healthcare | 1.65% | +0.27% | — | |
| 17 | MRSH | Marsh & Mclennan Cos | Stock-Financials | 1.40% | +0.04% | — | |
| 18 | UL | Unilever Plc-sponsored Adr | Stock-Consumer Staples | 1.32% | +1.32% | NEW | |
| 19 | HPE | Hewlett Packard Enterprise | Stock-Tech | 1.19% | +0.36% | — | |
| 20 | BMY | Bristol-myers Squibb Co | Stock-Healthcare | 1.10% | +0.09% | — | |
| 21 | ABT | Abbott Laboratories | Stock-Healthcare | 1.05% | +0.09% | — | |
| 22 | A | Agilent Technologies Inc | Stock-Healthcare | 1.00% | +0.23% | — | |
| 23 | ING | Ing Groep N.v.-sponsored Adr | Stock-Financials | 0.95% | +0.12% | — | |
| 24 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.79% | +0.05% | — | |
| 25 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.77% | -0.01% | — | |
| 26 | VZ | Verizon Communications Inc | Stock-Comm Services | 0.75% | +0.06% | — | |
| 27 | ✓ | Stock-Other | 0.75% | +0.75% | NEW | ||
| 28 | UPS | United Parcel Service-cl B | Stock-Industrials | 0.71% | -0.10% | — | |
| 29 | T | At&t Inc | Stock-Comm Services | 0.71% | +0.11% | — | |
| 30 | NTRS | Northern Trust CORP | Stock-Financials | 0.70% | -0.01% | — | |
| 31 | PHG | Koninklijke Philips Nvr- Ny | Stock-Healthcare | 0.69% | -0.07% | — | |
| 32 | GSK | Gsk Plc-spon Adr | Stock-Healthcare | 0.65% | -0.05% | — | |
| 33 | HPQ | Hp Inc | Stock-Tech | 0.59% | +0.18% | — | |
| 34 | GEN | Gen Digital Inc | Stock-Tech | 0.45% | -0.05% | — | |
| 35 | GE | General Electric | Stock-Industrials | 0.25% | -0.05% | — | |
| 36 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.22% | — | — | |
| 37 | GEV | GE Vernova Inc | Stock-Industrials | 0.19% | -0.04% | — | |
| 38 | ORCL | Oracle CORP | Stock-Tech | 0.12% | -0.01% | — | |
| 39 | CVX | Chevron CORP | Stock-Energy | 0.07% | +0.07% | NEW |
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Portfolio Performance
Performance for Q4 2026
+3.5%
Performance Last 4 Quarters
+19.8%
- Stdev
- +14.7%
- Beta
- +0.58
- Alpha
- +5.4%
- Max Drawdown
- -7.3%
- Annualized Perf
- +19%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +2.32
- Stutzer
- +0.37
- Treynor
- +0.32
- Sterling
- +1.19
- Calmar
- +2.6
- Information Ratio
- -0.3
- Tracking Error
- +13.9%
- Stdev Down
- +8%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +37.3%
- Worst 12 Months
- -3%
- Efficiency Ratio
- +0.5
- Sharpe
- +1.27
- Stdev Sectors
- +14.2%
- Skewness
- -0.3
- Kurtosis
- -0.66
- Upside Potential
- +4.02
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 59 | $307.5M | 16 | ||
| 2026 Q2 | 56 | $310.1M | 16 | ||
| 2026 Q1 | 58 | $273.2M | 13 | ||
| 2025 Q4 | 58 | $289.7M | 11 | ||
| 2025 Q3 | 58 | $304.8M | 15 | ||
| 2025 Q2 | 58 | $305.4M | 0 | ||
| 2025 Q1 | 57 | $306.5M | 100 | ||
| 2024 Q4 | 58 | $285.0M | 0 | ||
| 2024 Q3 | 57 | $300.9M | 0 | ||
| 2024 Q2 | 57 | $273.3M | 0 | ||
| 2024 Q1 | 58 | $277.3M | 0 | ||
| 2023 Q4 | 58 | $239.1M | 0 | ||
| 2023 Q3 | 63 | $218.2M | 0 | ||
| 2023 Q2 | 63 | $222.2M | 0 | ||
| 2023 Q1 | 63 | $224.6M | 0 | ||
| 2022 Q4 | 62 | $212.5M | 0 | ||
| 2022 Q3 | 63 | $188.0M | 0 | ||
| 2022 Q2 | 62 | $199.7M | 0 | ||
| 2022 Q1 | 60 | $215.5M | 0 | ||
| 2021 Q4 | 65 | $216.5M | 0 | ||
| 2021 Q3 | 63 | $196.2M | 0 | ||
| 2021 Q2 | 63 | $198.6M | 97 | ||
| 2021 Q1 | 61 | $187.0M | 8 | ||
| 2020 Q4 | 61 | $178.8M | 10 | ||
| 2020 Q3 | 64 | $170.2M | 15 | ||
| 2020 Q2 | 64 | $156.1M | 12 | ||
| 2020 Q1 | 67 | $138.4M | 15 | ||
| 2019 Q4 | 67 | $158.9M | 15 | ||
| 2019 Q3 | 69 | $155.7M | 8 | ||
| 2019 Q2 | 71 | $160.2M | 12 | ||
| 2019 Q1 | 67 | $154.0M | 16 | ||
| 2018 Q4 | 66 | $133.0M | 15 | ||
| 2018 Q3 | 66 | $152.9M | 13 | ||
| 2018 Q2 | 68 | $141.5M | 5 | ||
| 2018 Q1 | 68 | $143.5M | 9 | ||
| 2017 Q4 | 70 | $147.3M | 10 | ||
| 2017 Q3 | 70 | $139.8M | 17 | ||
| 2017 Q2 | 71 | $130.7M | 8 | ||
| 2017 Q1 | 71 | $125.2M | 14 | ||
| 2016 Q4 | 67 | $111.3M | 14 | ||
| 2016 Q3 | 72 | $120.5M | 12 | ||
| 2016 Q2 | 73 | $119.0M | 7 | ||
| 2016 Q1 | 71 | $116.2M | 8 | ||
| 2015 Q4 | 72 | $111.1M | 20 | ||
| 2015 Q3 | 73 | $104.8M | 10 | ||
| 2015 Q2 | 74 | $111.0M | 5 | ||
| 2015 Q1 | 74 | $112.6M | 7 | ||
| 2014 Q4 | 76 | $115.6M | 8 | ||
| 2014 Q3 | 74 | $111.2M | 5 | ||
| 2014 Q2 | 75 | $110.3M | 9 | ||
| 2014 Q1 | 76 | $113.8M | 7 | ||
| 2013 Q4 | 75 | $113.2M | 9 | ||
| 2013 Q3 | 72 | $104.1M | 8 | ||
| 2013 Q2 | 74 | $100.8M | 0 |
Holding changes this quarter
Bonness Enterprises Inc's most significant position changes for 2026-09-30: New buy: Unilever Plc-sponsored Adr (UL); New buy: ; Sold out: Exxon Mobil CORP (XOM); New buy: Chevron CORP (CVX); Trim: Stryker CORP (SYK) — shares -0.16%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.8% | — | Unchanged |
| 2 | UL | Unilever Plc-sponsored Adr | +1.3% | NEW | New buy |
| 3 | ✓ | +0.8% | NEW | New buy | |
| 4 | AAPL | Apple Inc | +0.7% | — | Unchanged |
| 5 | TMO | Thermo Fisher Scientific Inc | +0.5% | — | Unchanged |
| 6 | MRK | Merck & Co. Inc. | +0.4% | — | Unchanged |
| 7 | HPE | Hewlett Packard Enterprise | +0.4% | — | Unchanged |
| 8 | PFE | Pfizer Inc | +0.3% | — | Unchanged |
| 9 | A | Agilent Technologies Inc | +0.2% | — | Unchanged |
| 10 | EMR | Emerson Electric Co | +0.2% | — | Unchanged |
| 11 | HPQ | Hp Inc | +0.2% | — | Unchanged |
| 12 | JNJ | Johnson & Johnson | +0.2% | — | Unchanged |
| 13 | ABBV | Abbvie Inc | +0.2% | — | Unchanged |
| 14 | ING | Ing Groep N.v.-sponsored Adr | +0.1% | — | Unchanged |
| 15 | T | At&t Inc | +0.1% | — | Unchanged |
| 16 | NUE | Nucor CORP | +0.1% | — | Unchanged |
| 17 | ABT | Abbott Laboratories | +0.1% | — | Unchanged |
| 18 | BMY | Bristol-myers Squibb Co | +0.1% | — | Unchanged |
| 19 | CVX | Chevron CORP | +0.1% | NEW | New buy |
| 20 | VZ | Verizon Communications Inc | +0.1% | — | Unchanged |
| 21 | KO | Coca-cola Co/the | +0.1% | — | Unchanged |
| 22 | MRSH | Marsh & Mclennan Cos | 0% | — | Unchanged |
| 23 | BRK-B | Berkshire Hathaway Inc-cl B | — | — | Unchanged |
| 24 | NTRS | Northern Trust CORP | 0% | — | Unchanged |
| 25 | ORCL | Oracle CORP | 0% | — | Unchanged |
| 26 | PG | Procter & Gamble Co/the | 0% | — | Unchanged |
| 27 | GEV | GE Vernova Inc | 0% | — | Unchanged |
| 28 | GEN | Gen Digital Inc | -0.1% | — | Unchanged |
| 29 | GSK | Gsk Plc-spon Adr | -0.1% | — | Unchanged |
| 30 | GE | General Electric | -0.1% | — | Unchanged |
| 31 | PHG | Koninklijke Philips Nvr- Ny | -0.1% | — | Unchanged |
| 32 | UPS | United Parcel Service-cl B | -0.1% | — | Unchanged |
| 33 | CSCO | Cisco Systems Inc | -0.3% | — | Unchanged |
| 34 | INTC | Intel CORP | -0.5% | — | Unchanged |
| 35 | IBM | Intl Business Machines CORP | -0.6% | — | Unchanged |
| 36 | XOM | Exxon Mobil CORP | -0.6% | EXIT | Sold out |
| 37 | SYK | Stryker CORP | -0.7% | -0.16% | Trim |
| 38 | AMAT | Applied Materials Inc | -1.5% | — | Unchanged |
| 39 | PGR | Progressive CORP | -1.6% | — | Unchanged |
| 40 | GLW | Corning Inc | -1.7% | — | Unchanged |
Filing History
FAQ
What is Bonness Enterprises Inc and what type of investor is it?
Bonness Enterprises 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 (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $307.5M, spread across 59 disclosed positions.
What are Bonness Enterprises Inc's largest equity positions?
Based on the latest 13F filing, Bonness Enterprises Inc's top holdings by market value are:
1. Progressive CORP (PGR) — $106.0M (34.5%)
2. Microsoft CORP (MSFT) — $19.5M (6.3%)
3. Stryker CORP (SYK) — $16.8M (5.5%)
4. Apple Inc (AAPL) — $16.3M (5.3%)
5. Applied Materials Inc (AMAT) — $11.1M (3.6%)
What changes did Bonness Enterprises Inc make in its most recent portfolio filing?
In the latest reported quarter, Bonness Enterprises Inc made 5 notable position adjustments: 3 new positions were initiated, 0 existing holdings were added to, 1 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Unilever Plc-sponsored Adr (UL); New buy: ; Sold out: Exxon Mobil CORP (XOM); New buy: Chevron CORP (CVX); Trim: Stryker CORP (SYK) — shares -0.16%
What sectors does Bonness Enterprises Inc focus on?
Bonness Enterprises Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 37.9%
• Information Technology: 28.9%
• Health Care: 23.5%
• Industrials: 3.4%
• Consumer Staples: 2.9%
• Materials: 1.8%
Investment Profile
Bonness Enterprises Inc returned an annualized 19.0% over the trailing 36 months — outperforming the S&P 500 by 5.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.58 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is moderately concentrated and long-term-holding, with 37.9% of the portfolio concentrated in Financials.
Its concentration score has fallen from 77 to 56 over the past 4 quarters — a shift toward broader diversification.
It has added to its AAPL position over the past two quarters (+$3.9M, now $16.3M), while trimming SYK over the same stretch (-$4.2M, still holding $16.8M).
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Developer Access
Access Bonness Enterprises Inc's institutional profile programmatically:
REST API
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npx alphasmo institutions get bonness-enterprises-inc