ELCO Management Co., LLC SEC 13F Disclosure Analysis

CIK: 0001690717

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$208.4M

Reporting period: 2026-03-31 · Number of holdings: 181

ELCO Management Co., LLC disclosed 181 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $208.4M and a quarterly turnover rate of 38.6%.

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Personality snowflake

Concentration: 9.57
Portfolio Stability: 38.56
Momentum/Contrarian: 100
Sector conviction: 58.52
Diversification: 100
Sizing Uniformity: 82.44

ELCO Management Co., LLC's disclosed holdings carry a Herfindahl concentration index of 0.024 — mathematically equivalent to about 42 equally-sized positions, well below its 181 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 1.76), 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.

Sector classification currently covers about 28% 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.

Recent moves

Add 87612g101
+96.7%　$7.8M
Add 16411r208
+48.1%　$7.0M
Add 29273v100
+81.5%　$5.1M
Trim 02079k107
-3.8%　-$989.5K
Add PAA
+892.4%　$3.3M
Trim AAPL
-1.0%　-$613.9K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 170 holdings (of 181 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	WMB	Williams Cos INC	Stock-Energy	6.35%	+1.38%	+38.83%
2	✓	Cheniere Energy, Inc.	Stock-Other	6.27%	+2.46%	+48.07%
3	✓	Targa Resources Corp.	Stock-Other	5.94%	+3.02%	+96.71%
4	✓	Energy Transfer LP	Stock-Other	4.61%	+1.76%	+81.52%
5	AAPL	Apple INC	Stock-Tech	3.59%	-1.51%	-1.01%
6	✓	Alphabet Inc.	Stock-Other	3.47%	-1.71%	-3.77%
7	AMZN	Amazon.com INC	Stock-Consumer Disc	2.93%	-1.42%	-1.95%
8	✓	NVIDIA Corporation	Stock-Other	2.60%	+0.16%	+50.00%
9	MSFT	Microsoft CORP	Stock-Tech	2.57%	-1.44%	+9.92%
10	SCHB	Schwab US Broad Market ETF	ETF-Other	2.57%	—	+7.18%
11	✓	State Street SPDR S&P 500 ETF Trust	ETF-Large Cap & Growth	2.43%	-0.31%	+22.29%
12	✓	Mplx LP	Stock-Other	2.25%	+1.37%	+215.33%
13	HXL	Hexcel CORP	Stock-Industrials	2.20%	+0.10%	+25.64%
14	✓	AbbVie Inc.	Stock-Other	1.79%	—	-0.27%
15	PAA	Plains All Amer Pipeline LP	Stock-Energy	1.71%	+1.53%	+892.39%
16	GEL	Genesis Energy L.p.	Stock-Other	1.45%	+0.98%	+256.52%
17	✓	J P Morgan Chase And Co	Stock-Other	1.24%	-0.53%	+0.77%
18	HD	Home Depot INC	Stock-Consumer Disc	1.18%	—	-1.72%
19	✓	Ngl Energy Partners LP	Stock-Other	1.13%	+1.13%	NEW
20	HUBB	Hubbell INC	Stock-Industrials	1.04%	—	-2.85%
21	✓	NextEra Energy, Inc.	Stock-Other	1.02%	-0.07%	+6.11%
22	✓	RTX Corporation	Stock-Other	1.02%	—	-3.11%
23	WES	Western Midstream Partners L	Stock-Energy	0.99%	+0.99%	NEW
24	✓	Eqt CORP Com	Stock-Other	0.96%	+0.66%	+253.69%
25	EPD	Enterprise Products Partners	Stock-Energy	0.93%	+0.48%	+129.89%
26	✓	Global X Fds	Stock-Other	0.89%	—	-1.86%
27	GLW	Corning INC	Stock-Tech	0.87%	+0.08%	-7.32%
28	AWK	American Water Works Co INC	Stock-Utilities	0.86%	-0.09%	+13.56%
29	ABT	Abbott Laboratories	Stock-Healthcare	0.85%	-0.51%	—
30	✓	Sunoco Lp/Sunoco Fin Corp	Stock-Other	0.84%	-0.08%	-2.47%
31	✓	Nextdecade CORP	Stock-Other	0.84%	+0.48%	+112.19%
32	HON	Honeywell International INC	Stock-Industrials	0.83%	—	-2.59%
33	✓	Jpmorgan Equity Premium Income	Stock-Other	0.79%	—	-0.34%
34	CLMT	Calumet INC	Stock-Other	0.67%	+0.54%	+275.43%
35	✓	Intercontinental Exchange, Inc.	Stock-Other	0.67%	—	—
36	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.59%	—	+1.57%
37	JNJ	Johnson & Johnson	Stock-Healthcare	0.58%	—	-2.00%
38	CL	Colgate-palmolive Co	Stock-Consumer Staples	0.55%	—	—
39	✓	Select Sector Spdr Tr	Stock-Other	0.54%	—	+0.29%
40	MAR	Marriott International -cl A	Stock-Consumer Disc	0.53%	—	-3.03%
41	✓	Primerica, Inc.	Stock-Other	0.48%	—	—
42	✓	Uber Technologies, Inc.	Stock-Other	0.47%	—	+10.50%
43	✓	Primis Financial Corp. (FRST)	Stock-Other	0.46%	—	+11.08%
44	✓	Versabank New	Stock-Other	0.46%	—	-4.27%
45	✓	Neos ETF Trust	ETF-Other	0.45%	+0.09%	+75.06%
46	DIS	Walt Disney Co/the	Stock-Comm Services	0.45%	—	+4.27%
47	✓	Invesco Aerospace & Defense Et	Stock-Other	0.45%	—	—
48	✓	Xylem Inc.	Stock-Other	0.43%	—	+8.77%
49	✓	Alphabet Inc.	Stock-Other	0.43%	—	+12.87%
50	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.43%	—	-2.36%

1–50 of 170

Portfolio Performance

Performance for Q3 2026

+4.5%

Performance Last 4 Quarters

+16.3%

Based on 52% of reported portfolio value with available pricing

Stdev: +12%
Beta: +0.84
Alpha: +6.7%
Max Drawdown: -4.9%
Annualized Perf: +21.8%
Batting Avg vs S&P: +55%
Sortino: +3.64
Stutzer: +0.51
Treynor: +0.25
Sterling: +1.47
Calmar: +4.48
Information Ratio: +0.66
Tracking Error: +6%
Stdev Down: +5.6%
Winning Months %: +80%
Losing Months %: +20%
Best 12 Months: +25.8%
Worst 12 Months: +14.5%
Efficiency Ratio: +0.63
Sharpe: +1.71
Stdev Sectors: +9.4%
Skewness: -0.02
Kurtosis: -0.05
Upside Potential: +5.09

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	181	$208.4M	39	1WMB216411r387612g Top holdings2026-03-31 1.WMB 2.16411r 3.87612g 4.29273v 5.AAPL 6.02079k 7.AMZN 8.67066g 9.MSFT 10.SCHB
2025-12-31	167	$158.6M	33	102079k2AAPL 3WMB Top holdings2025-12-31 1.02079k 2.AAPL 3.WMB 4.AMZN 5.MSFT 6.16411r 7.SCHB 8.87612g 9.29273v 10.78462f
2025-09-30	193	$191.8M	24	116411r2WMB387612g Top holdings2025-09-30 1.16411r 2.WMB 3.87612g 4.29273v 5.AAPL 6.MSFT 7.02079k 8.AMZN 9.78462f 10.SCHB
2025-06-30	186	$190.9M	0	116411r2WMB387612g Top holdings2025-06-30 1.16411r 2.WMB 3.87612g 4.29273v 5.MSFT 6.AMZN 7.AAPL 8.02079k 9.78462f 10.55336v
2025-03-31	184	$180.9M	100	116411r287612g3WMB Top holdings2025-03-31 1.16411r 2.87612g 3.WMB 4.29273v 5.AAPL 6.AMZN 7.MSFT 8.55336v 9.02079k 10.78462f
2024-12-31	199	$190.3M	0	116411r2WMB329273v Top holdings2024-12-31 1.16411r 2.WMB 3.29273v 4.87612g 5.AAPL 6.AMZN 7.02079k 8.MSFT 9.78462f 10.55336v
2024-09-30	191	$185.4M	0	116411r2WMB387612g Top holdings2024-09-30 1.16411r 2.WMB 3.87612g 4.29273v 5.AAPL 6.AMZN 7.MSFT 8.02079k 9.78462f 10.HXL
2024-06-30	170	$171.8M	0	116411r2WMB329273v Top holdings2024-06-30 1.16411r 2.WMB 3.29273v 4.87612g 5.AAPL 6.AMZN 7.MSFT 8.02079k 9.HXL 10.78462f
2024-03-31	168	$164.2M	0	1WMB216411r329273v Top holdings2024-03-31 1.WMB 2.16411r 3.29273v 4.87612g 5.AMZN 6.MSFT 7.AAPL 8.HXL 9.02079k 10.78462f
2023-12-31	154	$151.8M	0	116411r2WMB329273v Top holdings2023-12-31 1.16411r 2.WMB 3.29273v 4.AAPL 5.HXL 6.87612g 7.AMZN 8.MSFT 9.02079k 10.78462f
2023-09-30	147	$138.5M	0	116411r2WMB329273v Top holdings2023-09-30 1.16411r 2.WMB 3.29273v 4.AAPL 5.87612g 6.HXL 7.02079k 8.MSFT 9.AMZN 10.78462f
2023-06-30	137	$138.2M	0	1WMB216411r329273v Top holdings2023-06-30 1.WMB 2.16411r 3.29273v 4.AAPL 5.HXL 6.87612g 7.MSFT 8.AMZN 9.02079k 10.78462f
2023-03-31	146	$137.6M	0	116411r2WMB329273v Top holdings2023-03-31 1.16411r 2.WMB 3.29273v 4.AAPL 5.HXL 6.87612g 7.MSFT 8.78462f 9.55336v 10.02079k
2022-12-31	144	$133.1M	0	1WMB216411r329273v Top holdings2022-12-31 1.WMB 2.16411r 3.29273v 4.AAPL 5.HXL 6.87612g 7.78462f 8.AWK 9.00287y 10.MSFT
2022-09-30	148	$125.6M	0	1LNG 2WMB 3ET Top holdings2022-09-30 1.LNG 2.WMB 3.ET 4.AAPL 5.HXL 6.TRGP 7.AMZN 8.SPY 9.GOOG 10.MSFT
2022-06-30	152	$121.9M	0	1WMB 2LNG 3AAPL Top holdings2022-06-30 1.WMB 2.LNG 3.AAPL 4.29273v 5.HXL 6.TRGP 7.SPY 8.02079k 9.MSFT 10.AWK
2022-03-31	168	$146.9M	0	1WMB 2LNG 3AAPL Top holdings2022-03-31 1.WMB 2.LNG 3.AAPL 4.29273v 5.AMZN 6.HXL 7.02079k 8.ILMN 9.TRGP 10.SPY
2021-12-31	167	$139.9M	0	1AAPL 2WMB 3LNG Top holdings2021-12-31 1.AAPL 2.WMB 3.LNG 4.SPY 5.02079k 6.ILMN 7.AMZN 8.MSFT 9.HD 10.HXL
2021-09-30	148	$130.0M	0	1WMB 2AAPL 3ILMN Top holdings2021-09-30 1.WMB 2.AAPL 3.ILMN 4.LNG 5.AMZN 6.29273v 7.SPY 8.02079k 9.HXL 10.MSFT
2021-06-30	148	$134.7M	90	1WMB 2ILMN 3AAPL Top holdings2021-06-30 1.WMB 2.ILMN 3.AAPL 4.29273v 5.SPY 6.AMZN 7.LNG 8.02079k 9.HXL 10.MSFT
2021-03-31	148	$110.5M	26	1AAPL 2SPY 3AMZN Top holdings2021-03-31 1.AAPL 2.SPY 3.AMZN 4.02079k 5.AWK 6.WMB 7.HD 8.MSFT 9.LNG 10.ILMN
2020-12-31	143	$116.0M	31	1AAPL 2WMB 3ILMN Top holdings2020-12-31 1.AAPL 2.WMB 3.ILMN 4.AMZN 5.SPY 6.LNG 7.02079k 8.HXL 9.ET 10.MSFT
2020-09-30	134	$122.6M	27	1AAPL 2WMB 3AMZN Top holdings2020-09-30 1.AAPL 2.WMB 3.AMZN 4.HD 5.ILMN 6.AWK 7.SPY 8.MSFT 9.29273v 10.02079k
2020-06-30	128	$118.8M	30	1AAPL 2ILMN 3AMZN Top holdings2020-06-30 1.AAPL 2.ILMN 3.AMZN 4.WMB 5.HD 6.ET 7.SPY 8.MSFT 9.AWK 10.HXL
2020-03-31	121	$95.6M	58	1WMB 2AAPL 3ILMN Top holdings2020-03-31 1.WMB 2.AAPL 3.ILMN 4.AMZN 5.AWK 6.HD 7.MSFT 8.ET 9.HXL 10.02079k
2019-12-31	152	$166.0M	17	1WMB 2ET 3HXL Top holdings2019-12-31 1.WMB 2.ET 3.HXL 4.AAPL 5.LNG 6.ILMN 7.BA 8.TRGP 9.AWK 10.SRE
2019-09-30	158	$166.2M	31	1WMB 2ET 3HXL Top holdings2019-09-30 1.WMB 2.ET 3.HXL 4.LNG 5.BA 6.TRGP 7.ILMN 8.AAPL 9.MPLX 10.SRE
2019-06-30	169	$180.7M	25	1WMB229273v3HXL Top holdings2019-06-30 1.WMB 2.29273v 3.HXL 4.LNG 5.ILMN 6.TRGP 7.BA 8.MPLX 9.GEL 10.AAPL
2019-03-31	149	$169.3M	24	1WMB229273v3HXL Top holdings2019-03-31 1.WMB 2.29273v 3.HXL 4.LNG 5.TRGP 6.ILMN 7.BA 8.GEL 9.MPLX 10.AAPL
2018-12-31	141	$147.2M	39	1WMB229273v3HXL Top holdings2018-12-31 1.WMB 2.29273v 3.HXL 4.LNG 5.ILMN 6.TRGP 7.MPLX 8.26078j 9.NEE 10.BA
2018-09-30	150	$189.8M	16	1WMB 2ET 3HXL Top holdings2018-09-30 1.WMB 2.ET 3.HXL 4.TRGP 5.ILMN 6.LNG 7.GEL 8.26078j 9.AAPL 10.MPLX
2018-06-30	152	$186.1M	19	1WMB 2ET 3HXL Top holdings2018-06-30 1.WMB 2.ET 3.HXL 4.TRGP 5.LNG 6.ILMN 7.26078j 8.SEMGUSD 9.SUN 10.MPLX
2018-03-31	145	$169.9M	19	1WMB 2ET 3HXL Top holdings2018-03-31 1.WMB 2.ET 3.HXL 4.TRGP 5.LNG 6.SUN 7.26078j 8.NEE 9.ILMN 10.AWK
2017-12-31	159	$181.2M	18	1WMB 2ET 3HXL Top holdings2017-12-31 1.WMB 2.ET 3.HXL 4.TRGP 5.SEMGUSD 6.26078j 7.SUN 8.LNG 9.PSX 10.MPLX
2017-09-30	146	$177.7M	21	1WMB 2ET 3HXL Top holdings2017-09-30 1.WMB 2.ET 3.HXL 4.TRGP 5.SUN 6.26078j 7.MPLX 8.PSX 9.GEL 10.SEMGUSD
2017-06-30	148	$171.4M	24	1WMB 2ET 3HXL Top holdings2017-06-30 1.WMB 2.ET 3.HXL 4.TRGP 5.SUN 6.GEL 7.DOW 8.MPLX 9.LNG 10.WES
2017-03-31	158	$187.2M	22	1ET 2WMB 3TRGP Top holdings2017-03-31 1.ET 2.WMB 3.TRGP 4.HXL 5.GEL 6.MPLX 7.DOW 8.NGL 9.SEMGUSD 10.SUN
2016-12-31	139	$180.1M	46	1WMB 2ET 3TRGP Top holdings2016-12-31 1.WMB 2.ET 3.TRGP 4.HXL 5.GEL 6.SEMGUSD 7.SUN 8.AMIDUSD 9.MPLX 10.NGL
2016-09-30	130	$250.6M	0	1HXL 2WMB 3ET Top holdings2016-09-30 1.HXL 2.WMB 3.ET 4.TRGP 5.GEL 6.SEMGUSD 7.SUN 8.WES 9.HAL 10.MPLX

Holding changes this quarter

ELCO Management Co., LLC's most significant position changes for 2026-03-31: New buy: Ngl Energy Partners LP; New buy: Western Midstream Partners L (WES); New buy: Blackstone Inc.; New buy: Caci International INC -cl A (CACI); New buy: XPLR Infrastructure, LP.

Position changes disclosed by ELCO Management Co., LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	✓	Targa Resources Corp.	+3%	+96.71%	Add
2	✓	Cheniere Energy, Inc.	+2.5%	+48.07%	Add
3	✓	Energy Transfer LP	+1.8%	+81.52%	Add
4	PAA	Plains All Amer Pipeline LP	+1.5%	+892.39%	Add
5	WMB	Williams Cos INC	+1.4%	+38.83%	Add
6	✓	Mplx LP	+1.4%	+215.33%	Add
7	GEL	Genesis Energy L.p.	+1%	+256.52%	Add
8	✓	Eqt CORP Com	+0.7%	+253.69%	Add
9	CLMT	Calumet INC	+0.5%	+275.43%	Add
10	EPD	Enterprise Products Partners	+0.5%	+129.89%	Add
11	✓	Nextdecade CORP	+0.5%	+112.19%	Add
12	✓	NVIDIA Corporation	+0.2%	+50.00%	Add
13	HXL	Hexcel CORP	+0.1%	+25.64%	Add
14	✓	California Bancorp Common Stoc	+0.1%	+159.24%	Add
15	✓	Neos ETF Trust	+0.1%	+75.06%	Add
16	GLW	Corning INC	+0.1%	-7.32%	Trim
17	✓	NextEra Energy, Inc.	-0.1%	+6.11%	Add
18	✓	Sunoco Lp/Sunoco Fin Corp	-0.1%	-2.47%	Trim
19	AWK	American Water Works Co INC	-0.1%	+13.56%	Add
20	✓	Mechanics Bancorp	-0.2%	-61.24%	Trim
21	✓	Pool Corporation	-0.3%	-43.42%	Trim
22	✓	Veralto Corporation	-0.3%	-24.58%	Trim
23	✓	State Street SPDR S&P 500 ETF Trust	-0.3%	+22.29%	Add
24	BA	Boeing Co/the	-0.4%	-28.18%	Trim
25	ABT	Abbott Laboratories	-0.5%	—	Unchanged
26	✓	J P Morgan Chase And Co	-0.5%	+0.77%	Add
27	AMZN	Amazon.com INC	-1.4%	-1.95%	Trim
28	MSFT	Microsoft CORP	-1.4%	+9.92%	Add
29	AAPL	Apple INC	-1.5%	-1.01%	Trim
30	✓	Alphabet Inc.	-1.7%	-3.77%	Trim
31	✓	Ngl Energy Partners LP	—	NEW	New buy
32	WES	Western Midstream Partners L	—	NEW	New buy
33	✓	Blackstone Inc.	—	NEW	New buy
34	CACI	Caci International INC -cl A	—	NEW	New buy
35	✓	XPLR Infrastructure, LP	—	NEW	New buy
36	✓	Delek Logistics Partners, LP	—	NEW	New buy
37	✓		—	NEW	New buy
38	LMT	Lockheed Martin CORP	—	NEW	New buy
39	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
40	✓	Sunococorp LLC	—	NEW	New buy
41	✓	Consolidated Water Co LTD Shs	—	EXIT	Sold out
42	IYW	Ishares Ustechnology ETF	—	NEW	New buy
43	LLY	Eli Lilly & Co	—	NEW	New buy
44	✓	Capital One Financial Corporation	—	NEW	New buy
45	ITB	Ishares U.s. Home Constructi	—	EXIT	Sold out
46	BBT	Beacon Financial CORP	—	NEW	New buy
47	✓	United Therapeutics CORP Del	—	NEW	New buy
48	✓	ConocoPhillips	—	NEW	New buy
49	✓		—	EXIT	Sold out
50	CWBC	Community West Bancshares	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-02-04	13F-HR	View on EDGAR
2025-09-30	2025-11-05	13F-HR	View on EDGAR
2025-06-30	2025-08-04	13F-HR	View on EDGAR
2025-03-31	2025-05-01	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-14	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-14	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-11	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-12	13F-HR	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-14	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-08-01	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-13	13F-HR	View on EDGAR
2018-06-30	2018-07-17	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-09	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-14	13F-HR	View on EDGAR
2016-09-30	2016-12-29	13F-HR	View on EDGAR

FAQ

What is ELCO Management Co., LLC and what type of investor is it?

ELCO Management Co., LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $208.4M, spread across 181 disclosed positions.

What are ELCO Management Co., LLC's largest equity positions?

Based on the latest 13F filing, ELCO Management Co., LLC's top holdings by market value are: 1. Williams Cos INC (WMB) — $13.2M (6.3%) 2. Cheniere Energy, Inc. — $13.1M (6.3%) 3. Targa Resources Corp. — $12.4M (5.9%) 4. Energy Transfer LP — $9.6M (4.6%) 5. Apple INC (AAPL) — $7.5M (3.6%)

What changes did ELCO Management Co., LLC make in its most recent portfolio filing?

In the latest reported quarter, ELCO Management Co., LLC made 49 notable position adjustments: 16 new positions were initiated, 20 existing holdings were added to, 9 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: Ngl Energy Partners LP; New buy: Western Midstream Partners L (WES); New buy: Blackstone Inc.; New buy: Caci International INC -cl A (CACI); New buy: XPLR Infrastructure, LP

What sectors does ELCO Management Co., LLC focus on?

ELCO Management Co., LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 31.9% • Consumer Discretionary: 16.8% • Communication Services: 16.2% • Health Care: 15.3% • Industrials: 11.0% • Financials: 4.0%

Peer Institutions

Institutions with a similar AUM

Marshall Investment Management, LLC

CIK 0002022427

Total reported value

$208.5M

274 stks

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Concentration11.8

Portfolio Stability40.6

Sector conviction57.9

AUM within 0.0% of this institution

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Moser Wealth Advisors, LLC

CIK 0001803081

Total reported value

$208.3M

200 stks

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Stale — no recent filing

Concentration15.5

Portfolio Stability0.0

Sector conviction76.2

AUM within 0.1% of this institution

View detail

Summit Place Financial Advisors, LLC

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Total reported value

$208.2M

106 stks

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Concentration7.3

Portfolio Stability28.0

Sector conviction37.5

AUM within 0.1% of this institution

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Similar Holdings Style

Institutions with overlapping top holdings

Chickasaw Capital Management LLC

CIK 0001276460

Total reported value

$2.8B

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Concentration32.8

Portfolio Stability18.2

Sector conviction100.0

3 of the top 5 holdings overlap

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Steadfast Advisors LP

CIK 0001213310

Total reported value

$204.2M

45 stks

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Concentration14.5

Portfolio Stability62.7

Sector conviction74.7

2 of the top 5 holdings overlap, including Williams Cos INC

View detail

Panning Capital Management, LP

CIK 0001564220

Total reported value

$97.5M

8 stks

2016-09-30

Stale — no recent filing

Concentration100.0

Portfolio Stability89.9

Sector conviction100.0

2 of the top 5 holdings overlap, including Apple INC

View detail

Personality snowflake

Concentration

9.57

Portfolio Stability

38.56

Momentum/Contrarian

100

Sector conviction

58.52

Diversification

100

Sizing Uniformity

82.44

Position sizes vary widely across the portfolio (a coefficient of variation of 1.76), 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.

Full holdings list this quarter

Ticker

Issuer

Asset Subclass

Weight

Weight Change

Shares Change

4Q Trend

WMB

Williams Cos INC

Stock-Energy

6.35%

+1.38%

+38.83%

✓

Cheniere Energy, Inc.

Stock-Other

6.27%

+2.46%

+48.07%

✓

Targa Resources Corp.

Stock-Other

5.94%

+3.02%

+96.71%

✓

Energy Transfer LP

Stock-Other

4.61%

+1.76%

+81.52%

AAPL

Apple INC

Stock-Tech

3.59%

-1.51%

-1.01%

✓

Alphabet Inc.

Stock-Other

3.47%

-1.71%

-3.77%

AMZN

Amazon.com INC

Stock-Consumer Disc

2.93%

-1.42%

-1.95%

✓

NVIDIA Corporation

Stock-Other

2.60%

+0.16%

+50.00%

MSFT

Microsoft CORP

Stock-Tech

2.57%

-1.44%

+9.92%

SCHB

Schwab US Broad Market ETF

ETF-Other

2.57%

—

+7.18%

✓

State Street SPDR S&P 500 ETF Trust

ETF-Large Cap & Growth

2.43%

-0.31%

+22.29%

✓

Mplx LP

Stock-Other

2.25%

+1.37%

+215.33%

HXL

Hexcel CORP

Stock-Industrials

2.20%

+0.10%

+25.64%

✓

AbbVie Inc.

Stock-Other

1.79%

—

-0.27%

PAA

Plains All Amer Pipeline LP

Stock-Energy

1.71%

+1.53%

+892.39%

GEL

Genesis Energy L.p.

Stock-Other

1.45%

+0.98%

+256.52%

✓

J P Morgan Chase And Co

Stock-Other

1.24%

-0.53%

+0.77%

Home Depot INC

Stock-Consumer Disc

1.18%

—

-1.72%

✓

Ngl Energy Partners LP

Stock-Other

1.13%

+1.13%

NEW

HUBB

Hubbell INC

Stock-Industrials

1.04%

—

-2.85%

✓

NextEra Energy, Inc.

Stock-Other

1.02%

-0.07%

+6.11%

✓

RTX Corporation

Stock-Other

1.02%

—

-3.11%

WES

Western Midstream Partners L

Stock-Energy

0.99%

+0.99%

NEW

✓

Eqt CORP Com

Stock-Other

0.96%

+0.66%

+253.69%

EPD

Enterprise Products Partners

Stock-Energy

0.93%

+0.48%

+129.89%

✓

Global X Fds

Stock-Other

0.89%

—

-1.86%

GLW

Corning INC

Stock-Tech

0.87%

+0.08%

-7.32%

AWK

American Water Works Co INC

Stock-Utilities

0.86%

-0.09%

+13.56%

ABT

Abbott Laboratories

Stock-Healthcare

0.85%

-0.51%

—

✓

Sunoco Lp/Sunoco Fin Corp

Stock-Other

0.84%

-0.08%

-2.47%

✓

Nextdecade CORP

Stock-Other

0.84%

+0.48%

+112.19%

HON

Honeywell International INC

Stock-Industrials

0.83%

—

-2.59%

✓

Jpmorgan Equity Premium Income

Stock-Other

0.79%

—

-0.34%

CLMT

Calumet INC

Stock-Other

0.67%

+0.54%

+275.43%

✓

Intercontinental Exchange, Inc.

Stock-Other

0.67%

—

Procter & Gamble Co/the

Stock-Consumer Staples

0.59%

—

+1.57%

JNJ

Johnson & Johnson

Stock-Healthcare

0.58%

—

-2.00%

Colgate-palmolive Co

Stock-Consumer Staples

0.55%

—

✓

Select Sector Spdr Tr

Stock-Other

0.54%

—

+0.29%

MAR

Marriott International -cl A

Stock-Consumer Disc

0.53%

—

-3.03%

✓

Primerica, Inc.

Stock-Other

0.48%

—

✓

Uber Technologies, Inc.

Stock-Other

0.47%

—

+10.50%

✓

Primis Financial Corp. (FRST)

Stock-Other

0.46%

—

+11.08%

✓

Versabank New

Stock-Other

0.46%

—

-4.27%

✓

Neos ETF Trust

ETF-Other

0.45%

+0.09%

+75.06%

DIS

Walt Disney Co/the

Stock-Comm Services

0.45%

—

+4.27%

✓

Invesco Aerospace & Defense Et

Stock-Other

0.45%

—

✓

Xylem Inc.

Stock-Other

0.43%

—

+8.77%

✓

Alphabet Inc.

Stock-Other

0.43%

—

+12.87%

MCD

Mcdonald's CORP

Stock-Consumer Disc

0.43%

—

-2.36%

Portfolio Performance

Performance for Q3 2026

+4.5%

Performance Last 4 Quarters

+16.3%

Based on 52% of reported portfolio value with available pricing

Stdev: +12%
Beta: +0.84
Alpha: +6.7%
Max Drawdown: -4.9%
Annualized Perf: +21.8%
Batting Avg vs S&P: +55%
Sortino: +3.64
Stutzer: +0.51
Treynor: +0.25
Sterling: +1.47
Calmar: +4.48
Information Ratio: +0.66
Tracking Error: +6%
Stdev Down: +5.6%
Winning Months %: +80%
Losing Months %: +20%
Best 12 Months: +25.8%
Worst 12 Months: +14.5%
Efficiency Ratio: +0.63
Sharpe: +1.71
Stdev Sectors: +9.4%
Skewness: -0.02
Kurtosis: -0.05
Upside Potential: +5.09

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	181	$208.4M	39	1WMB216411r387612g Top holdings2026-03-31 1.WMB 2.16411r 3.87612g 4.29273v 5.AAPL 6.02079k 7.AMZN 8.67066g 9.MSFT 10.SCHB
2025-12-31	167	$158.6M	33	102079k2AAPL 3WMB Top holdings2025-12-31 1.02079k 2.AAPL 3.WMB 4.AMZN 5.MSFT 6.16411r 7.SCHB 8.87612g 9.29273v 10.78462f
2025-09-30	193	$191.8M	24	116411r2WMB387612g Top holdings2025-09-30 1.16411r 2.WMB 3.87612g 4.29273v 5.AAPL 6.MSFT 7.02079k 8.AMZN 9.78462f 10.SCHB
2025-06-30	186	$190.9M	0	116411r2WMB387612g Top holdings2025-06-30 1.16411r 2.WMB 3.87612g 4.29273v 5.MSFT 6.AMZN 7.AAPL 8.02079k 9.78462f 10.55336v
2025-03-31	184	$180.9M	100	116411r287612g3WMB Top holdings2025-03-31 1.16411r 2.87612g 3.WMB 4.29273v 5.AAPL 6.AMZN 7.MSFT 8.55336v 9.02079k 10.78462f
2024-12-31	199	$190.3M	0	116411r2WMB329273v Top holdings2024-12-31 1.16411r 2.WMB 3.29273v 4.87612g 5.AAPL 6.AMZN 7.02079k 8.MSFT 9.78462f 10.55336v
2024-09-30	191	$185.4M	0	116411r2WMB387612g Top holdings2024-09-30 1.16411r 2.WMB 3.87612g 4.29273v 5.AAPL 6.AMZN 7.MSFT 8.02079k 9.78462f 10.HXL
2024-06-30	170	$171.8M	0	116411r2WMB329273v Top holdings2024-06-30 1.16411r 2.WMB 3.29273v 4.87612g 5.AAPL 6.AMZN 7.MSFT 8.02079k 9.HXL 10.78462f
2024-03-31	168	$164.2M	0	1WMB216411r329273v Top holdings2024-03-31 1.WMB 2.16411r 3.29273v 4.87612g 5.AMZN 6.MSFT 7.AAPL 8.HXL 9.02079k 10.78462f
2023-12-31	154	$151.8M	0	116411r2WMB329273v Top holdings2023-12-31 1.16411r 2.WMB 3.29273v 4.AAPL 5.HXL 6.87612g 7.AMZN 8.MSFT 9.02079k 10.78462f
2023-09-30	147	$138.5M	0	116411r2WMB329273v Top holdings2023-09-30 1.16411r 2.WMB 3.29273v 4.AAPL 5.87612g 6.HXL 7.02079k 8.MSFT 9.AMZN 10.78462f
2023-06-30	137	$138.2M	0	1WMB216411r329273v Top holdings2023-06-30 1.WMB 2.16411r 3.29273v 4.AAPL 5.HXL 6.87612g 7.MSFT 8.AMZN 9.02079k 10.78462f
2023-03-31	146	$137.6M	0	116411r2WMB329273v Top holdings2023-03-31 1.16411r 2.WMB 3.29273v 4.AAPL 5.HXL 6.87612g 7.MSFT 8.78462f 9.55336v 10.02079k
2022-12-31	144	$133.1M	0	1WMB216411r329273v Top holdings2022-12-31 1.WMB 2.16411r 3.29273v 4.AAPL 5.HXL 6.87612g 7.78462f 8.AWK 9.00287y 10.MSFT
2022-09-30	148	$125.6M	0	1LNG 2WMB 3ET Top holdings2022-09-30 1.LNG 2.WMB 3.ET 4.AAPL 5.HXL 6.TRGP 7.AMZN 8.SPY 9.GOOG 10.MSFT
2022-06-30	152	$121.9M	0	1WMB 2LNG 3AAPL Top holdings2022-06-30 1.WMB 2.LNG 3.AAPL 4.29273v 5.HXL 6.TRGP 7.SPY 8.02079k 9.MSFT 10.AWK
2022-03-31	168	$146.9M	0	1WMB 2LNG 3AAPL Top holdings2022-03-31 1.WMB 2.LNG 3.AAPL 4.29273v 5.AMZN 6.HXL 7.02079k 8.ILMN 9.TRGP 10.SPY
2021-12-31	167	$139.9M	0	1AAPL 2WMB 3LNG Top holdings2021-12-31 1.AAPL 2.WMB 3.LNG 4.SPY 5.02079k 6.ILMN 7.AMZN 8.MSFT 9.HD 10.HXL
2021-09-30	148	$130.0M	0	1WMB 2AAPL 3ILMN Top holdings2021-09-30 1.WMB 2.AAPL 3.ILMN 4.LNG 5.AMZN 6.29273v 7.SPY 8.02079k 9.HXL 10.MSFT
2021-06-30	148	$134.7M	90	1WMB 2ILMN 3AAPL Top holdings2021-06-30 1.WMB 2.ILMN 3.AAPL 4.29273v 5.SPY 6.AMZN 7.LNG 8.02079k 9.HXL 10.MSFT
2021-03-31	148	$110.5M	26	1AAPL 2SPY 3AMZN Top holdings2021-03-31 1.AAPL 2.SPY 3.AMZN 4.02079k 5.AWK 6.WMB 7.HD 8.MSFT 9.LNG 10.ILMN
2020-12-31	143	$116.0M	31	1AAPL 2WMB 3ILMN Top holdings2020-12-31 1.AAPL 2.WMB 3.ILMN 4.AMZN 5.SPY 6.LNG 7.02079k 8.HXL 9.ET 10.MSFT
2020-09-30	134	$122.6M	27	1AAPL 2WMB 3AMZN Top holdings2020-09-30 1.AAPL 2.WMB 3.AMZN 4.HD 5.ILMN 6.AWK 7.SPY 8.MSFT 9.29273v 10.02079k
2020-06-30	128	$118.8M	30	1AAPL 2ILMN 3AMZN Top holdings2020-06-30 1.AAPL 2.ILMN 3.AMZN 4.WMB 5.HD 6.ET 7.SPY 8.MSFT 9.AWK 10.HXL
2020-03-31	121	$95.6M	58	1WMB 2AAPL 3ILMN Top holdings2020-03-31 1.WMB 2.AAPL 3.ILMN 4.AMZN 5.AWK 6.HD 7.MSFT 8.ET 9.HXL 10.02079k
2019-12-31	152	$166.0M	17	1WMB 2ET 3HXL Top holdings2019-12-31 1.WMB 2.ET 3.HXL 4.AAPL 5.LNG 6.ILMN 7.BA 8.TRGP 9.AWK 10.SRE
2019-09-30	158	$166.2M	31	1WMB 2ET 3HXL Top holdings2019-09-30 1.WMB 2.ET 3.HXL 4.LNG 5.BA 6.TRGP 7.ILMN 8.AAPL 9.MPLX 10.SRE
2019-06-30	169	$180.7M	25	1WMB229273v3HXL Top holdings2019-06-30 1.WMB 2.29273v 3.HXL 4.LNG 5.ILMN 6.TRGP 7.BA 8.MPLX 9.GEL 10.AAPL
2019-03-31	149	$169.3M	24	1WMB229273v3HXL Top holdings2019-03-31 1.WMB 2.29273v 3.HXL 4.LNG 5.TRGP 6.ILMN 7.BA 8.GEL 9.MPLX 10.AAPL
2018-12-31	141	$147.2M	39	1WMB229273v3HXL Top holdings2018-12-31 1.WMB 2.29273v 3.HXL 4.LNG 5.ILMN 6.TRGP 7.MPLX 8.26078j 9.NEE 10.BA
2018-09-30	150	$189.8M	16	1WMB 2ET 3HXL Top holdings2018-09-30 1.WMB 2.ET 3.HXL 4.TRGP 5.ILMN 6.LNG 7.GEL 8.26078j 9.AAPL 10.MPLX
2018-06-30	152	$186.1M	19	1WMB 2ET 3HXL Top holdings2018-06-30 1.WMB 2.ET 3.HXL 4.TRGP 5.LNG 6.ILMN 7.26078j 8.SEMGUSD 9.SUN 10.MPLX
2018-03-31	145	$169.9M	19	1WMB 2ET 3HXL Top holdings2018-03-31 1.WMB 2.ET 3.HXL 4.TRGP 5.LNG 6.SUN 7.26078j 8.NEE 9.ILMN 10.AWK
2017-12-31	159	$181.2M	18	1WMB 2ET 3HXL Top holdings2017-12-31 1.WMB 2.ET 3.HXL 4.TRGP 5.SEMGUSD 6.26078j 7.SUN 8.LNG 9.PSX 10.MPLX
2017-09-30	146	$177.7M	21	1WMB 2ET 3HXL Top holdings2017-09-30 1.WMB 2.ET 3.HXL 4.TRGP 5.SUN 6.26078j 7.MPLX 8.PSX 9.GEL 10.SEMGUSD
2017-06-30	148	$171.4M	24	1WMB 2ET 3HXL Top holdings2017-06-30 1.WMB 2.ET 3.HXL 4.TRGP 5.SUN 6.GEL 7.DOW 8.MPLX 9.LNG 10.WES
2017-03-31	158	$187.2M	22	1ET 2WMB 3TRGP Top holdings2017-03-31 1.ET 2.WMB 3.TRGP 4.HXL 5.GEL 6.MPLX 7.DOW 8.NGL 9.SEMGUSD 10.SUN
2016-12-31	139	$180.1M	46	1WMB 2ET 3TRGP Top holdings2016-12-31 1.WMB 2.ET 3.TRGP 4.HXL 5.GEL 6.SEMGUSD 7.SUN 8.AMIDUSD 9.MPLX 10.NGL
2016-09-30	130	$250.6M	0	1HXL 2WMB 3ET Top holdings2016-09-30 1.HXL 2.WMB 3.ET 4.TRGP 5.GEL 6.SEMGUSD 7.SUN 8.WES 9.HAL 10.MPLX

Ticker

Issuer

Weight Change

Shares Change

Action

✓

Targa Resources Corp.

+3%

+96.71%

Add

✓

Cheniere Energy, Inc.

+2.5%

+48.07%

Add

✓

Energy Transfer LP

+1.8%

+81.52%

Add

PAA

Plains All Amer Pipeline LP

+1.5%

+892.39%

Add

WMB

Williams Cos INC

+1.4%

+38.83%

Add

✓

Mplx LP

+1.4%

+215.33%

Add

GEL

Genesis Energy L.p.

+1%

+256.52%

Add

✓

Eqt CORP Com

+0.7%

+253.69%

Add

CLMT

Calumet INC

+0.5%

+275.43%

Add

EPD

Enterprise Products Partners

+0.5%

+129.89%

Add

✓

Nextdecade CORP

+0.5%

+112.19%

Add

✓

NVIDIA Corporation

+0.2%

+50.00%

Add

HXL

Hexcel CORP

+0.1%

+25.64%

Add

✓

California Bancorp Common Stoc

+0.1%

+159.24%

Add

✓

Neos ETF Trust

+0.1%

+75.06%

Add

GLW

Corning INC

+0.1%

-7.32%

Trim

✓

NextEra Energy, Inc.

-0.1%

+6.11%

Add

✓

Sunoco Lp/Sunoco Fin Corp

-0.1%

-2.47%

Trim

AWK

American Water Works Co INC

-0.1%

+13.56%

Add

✓

Mechanics Bancorp

-0.2%

-61.24%

Trim

✓

Pool Corporation

-0.3%

-43.42%

Trim

✓

Veralto Corporation

-0.3%

-24.58%

Trim

✓

State Street SPDR S&P 500 ETF Trust

-0.3%

+22.29%

Add

Boeing Co/the

-0.4%

-28.18%

Trim

ABT

Abbott Laboratories

-0.5%

—

Unchanged

✓

J P Morgan Chase And Co

-0.5%

+0.77%

Add

AMZN

Amazon.com INC

-1.4%

-1.95%

Trim

MSFT

Microsoft CORP

-1.4%

+9.92%

Add

AAPL

Apple INC

-1.5%

-1.01%

Trim

✓

Alphabet Inc.

-1.7%

-3.77%

Trim

✓

Ngl Energy Partners LP

—

NEW

New buy

WES

Western Midstream Partners L

—

NEW

New buy

✓

Blackstone Inc.

—

NEW

New buy

CACI

Caci International INC -cl A

—

NEW

New buy

✓

XPLR Infrastructure, LP

—

NEW

New buy

✓

Delek Logistics Partners, LP

—

NEW

New buy

✓

—

NEW

New buy

LMT

Lockheed Martin CORP

—

NEW

New buy

IWM

Ishares Russell 2000 ETF

—

EXIT

Sold out

✓

Sunococorp LLC

—

NEW

New buy

✓

Consolidated Water Co LTD Shs

—

EXIT

Sold out

IYW

Ishares Ustechnology ETF

—

NEW

New buy

LLY

Eli Lilly & Co

—

NEW

New buy

✓

Capital One Financial Corporation

—

NEW

New buy

ITB

Ishares U.s. Home Constructi

—

EXIT

Sold out

BBT

Beacon Financial CORP

—

NEW

New buy

✓

United Therapeutics CORP Del

—

NEW

New buy

✓

ConocoPhillips

—

NEW

New buy

✓

—

EXIT

Sold out

CWBC

Community West Bancshares

—

NEW

New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-02-04	13F-HR	View on EDGAR
2025-09-30	2025-11-05	13F-HR	View on EDGAR
2025-06-30	2025-08-04	13F-HR	View on EDGAR
2025-03-31	2025-05-01	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-14	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-14	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-11	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-12	13F-HR	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-14	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-08-01	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-13	13F-HR	View on EDGAR
2018-06-30	2018-07-17	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-09	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-14	13F-HR	View on EDGAR
2016-09-30	2016-12-29	13F-HR	View on EDGAR

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