Lederer & Associates Investment Counsel/ca Holdings Report (13F Filings)

CIK: 0001089707

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$151.9M

Reporting period: 2026-06-30 · Number of holdings: 84

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA disclosed 84 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $151.9M and a quarterly turnover rate of 18.9%.

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Personality snowflake

Concentration: 10.8
Portfolio Stability: 18.86
Momentum/Contrarian: 100
Sector conviction: 56.5
Diversification: 100
Sizing Uniformity: 88.68

Lederer & Associates Investment Counsel/ca's disclosed holdings carry a Herfindahl concentration index of 0.027 — mathematically equivalent to about 37 equally-sized positions, well below its 84 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes are fairly uniform across the portfolio (a coefficient of variation of 1.13), suggesting a disciplined, rules-based approach to how much capital goes into each idea.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Sold out XOM
New buy 30233Q108
New buy MCD
New buy SCHW
Sold out DAL
Sold out HON

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AAPL	Apple INC	Stock-Tech	8.71%	+0.04%	-5.16%
2	NVDA	Nvidia CORP	Stock-Tech	6.11%	+0.37%	-0.17%
3	MSFT	Microsoft CORP	Stock-Tech	5.59%	-0.33%	+0.84%
4	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	4.82%	+0.52%	-2.88%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	3.36%	+0.19%	-0.32%
6	AVGO	Broadcom INC	Stock-Tech	2.80%	+0.27%	-2.45%
7	META	Meta Platforms Inc-class A	Stock-Comm Services	2.33%	-0.10%	+4.55%
8	V	Visa Inc-class A Shares	Stock-Financials	2.15%	+0.11%	+0.03%
9	CSCO	Cisco Systems INC	Stock-Tech	2.00%	+0.56%	-1.58%
10	JPM	Jpmorgan Chase & Co	Stock-Financials	1.92%	+0.03%	-1.85%
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.90%	-0.05%	+0.52%
12	JNJ	Johnson & Johnson	Stock-Healthcare	1.87%	—	-1.73%
13	ABBV	Abbvie INC	Stock-Healthcare	1.75%	+0.08%	-2.06%
14	ADP	Automatic Data Processing	Stock-Tech	1.70%	+0.18%	+8.63%
15	GLW	Corning INC	Stock-Tech	1.69%	—	-46.76%
16	BLK	Blackrock INC	Stock-Financials	1.66%	—	-1.80%
17	CB	Chubb Limited	Stock-Financials	1.65%	—	-1.88%
18	GLD	Spdr Gold Shares	ETF-Commodities	1.58%	-0.41%	—
19	NEE	Nextera Energy INC	Stock-Utilities	1.55%	-0.24%	-1.36%
20	LIN	Linde plc	Stock-Materials	1.46%	—	-1.49%
21	SCHV	Schwab US Large-cap Value	ETF-Other	1.38%	—	-11.26%
22	✓		Stock-Other	1.34%	+1.34%	NEW
23	WM	Waste Management INC	Stock-Industrials	1.33%	—	-1.33%
24	COST	Costco Wholesale CORP	Stock-Consumer Staples	1.30%	-0.19%	-0.19%
25	AMGN	Amgen INC	Stock-Healthcare	1.26%	-0.21%	-10.31%
26	UNP	Union Pacific CORP	Stock-Industrials	1.21%	+0.03%	-1.50%
27	SCHG	Schwab US Large-cap Growth	ETF-Other	1.13%	+0.18%	+10.25%
28	SYK	Stryker CORP	Stock-Healthcare	1.12%	—	+8.92%
29	SPGI	S&p Global INC	Stock-Financials	1.12%	—	+0.19%
30	MLM	Martin Marietta Materials	Stock-Materials	1.11%	—	-0.03%
31	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	1.09%	+0.33%	-20.73%
32	MCD	Mcdonald's CORP	Stock-Consumer Disc	1.09%	+1.09%	NEW
33	SCHW	Schwab (charles) CORP	Stock-Financials	1.07%	+1.07%	NEW
34	SCHP	Schwab U.s. Tips ETF	ETF-Other	1.00%	—	—
35	UBER	Uber Technologies INC	Stock-Industrials	0.94%	+0.06%	+14.75%
36	BA	Boeing Co/the	Stock-Industrials	0.91%	—	-2.78%
37	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.88%	—	-0.22%
38	NFLX	Netflix INC	Stock-Comm Services	0.88%	-0.40%	-0.16%
39	VRT	Vertiv Holdings Co-a	Stock-Industrials	0.87%	+0.05%	-14.86%
40	ABNB	Airbnb Inc-class A	Stock-Consumer Disc	0.86%	+0.04%	—
41	SBUX	Starbucks CORP	Stock-Consumer Disc	0.85%	+0.02%	-2.54%
42	HD	Home Depot INC	Stock-Consumer Disc	0.85%	+0.06%	+7.28%
43	MRK	Merck & Co. INC.	Stock-Healthcare	0.81%	—	+0.88%
44	CME	Cme Group INC	Stock-Financials	0.79%	-0.21%	+13.07%
45	ITW	Illinois Tool Works	Stock-Industrials	0.77%	—	-2.25%
46	AWK	American Water Works Co INC	Stock-Utilities	0.77%	—	-1.65%
47	GS	Goldman Sachs Group INC	Stock-Financials	0.76%	+0.08%	+0.62%
48	MDT	Medtronic plc	Stock-Healthcare	0.71%	-0.16%	-1.89%
49	SYY	Sysco CORP	Stock-Consumer Staples	0.70%	+0.04%	-2.13%
50	WELL	Welltower INC	Stock-Real Estate	0.69%	+0.04%	—

1–50 of 84

Portfolio Performance

Performance for Q3 2026

+3.1%

Performance Last 4 Quarters

+15.9%

Based on 82% of reported portfolio value with available pricing

Stdev: +11.3%
Beta: +0.8
Alpha: +0.2%
Max Drawdown: -7%
Annualized Perf: +15.4%
Batting Avg vs S&P: +38.9%
Sortino: +2.53
Stutzer: +0.39
Treynor: +0.19
Sterling: +0.95
Calmar: +2.2
Information Ratio: -0.69
Tracking Error: +5%
Stdev Down: +5.9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +31.3%
Worst 12 Months: +12.2%
Efficiency Ratio: +0.52
Sharpe: +1.33
Stdev Sectors: +9.4%
Skewness: -0.06
Kurtosis: +0.01
Upside Potential: +4.15

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-06-30	84	$151.9M	19	1AAPL 2NVDA 3MSFT Top holdings2026-06-30 1.AAPL 2.NVDA 3.MSFT 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.CSCO 10.JPM
2026-03-31	83	$141.2M	16	1AAPL 2MSFT 3NVDA Top holdings2026-03-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.GLD 10.JNJ
2025-12-31	83	$149.0M	13	1AAPL 2MSFT 3NVDA Top holdings2025-12-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.BRK-B 10.JPM
2025-09-30	85	$154.0M	27	1AAPL 2MSFT 3NVDA Top holdings2025-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.AVGO 8.V 9.ADP 10.BRK-B
2025-06-30	83	$151.2M	0	1MSFT 2AAPL 3NVDA Top holdings2025-06-30 1.MSFT 2.AAPL 3.NVDA 4.AMZN 5.META 6.GOOGL 7.V 8.ADP 9.AVGO 10.BRK-B
2025-03-31	81	$136.6M	100	1AAPL 2MSFT 3NVDA Top holdings2025-03-31 1.AAPL 2.MSFT 3.NVDA 4.AMZN 5.GOOGL 6.V 7.META 8.BRK-B 9.ADP 10.BLK
2024-12-31	85	$143.2M	0	1AAPL 2MSFT 3NVDA Top holdings2024-12-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.ADP 9.BRK-B 10.AVGO
2024-09-30	84	$142.1M	0	1AAPL 2MSFT 3NVDA Top holdings2024-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.BRK-B 8.ADP 9.V 10.BLKCHF
2024-06-30	84	$138.2M	0	1AAPL 2MSFT 3NVDA Top holdings2024-06-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.JPM 9.BRK-B 10.ADP
2024-03-31	89	$143.9M	0	1MSFT 2AAPL 3NVDA Top holdings2024-03-31 1.MSFT 2.AAPL 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.JPM 9.ADP 10.BRK-B
2023-12-31	87	$135.1M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-12-31 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.AMZN 6.V 7.ADP 8.JPM 9.META 10.BRK-B
2023-09-30	86	$125.8M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-09-30 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.ADP 6.AMZN 7.V 8.SCHP 9.BRK-B 10.AMGN
2023-06-30	85	$132.5M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-06-30 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.V 6.AMZN 7.ADP 8.SCHP 9.BRK-B 10.JNJ
2023-03-31	88	$129.6M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-03-31 1.AAPL 2.MSFT 3.GOOGL 4.ADP 5.V 6.NVDA 7.SCHP 8.JNJ 9.AMZN 10.BRK-B
2022-12-31	87	$122.3M	0	1AAPL 2MSFT 3ADP Top holdings2022-12-31 1.AAPL 2.MSFT 3.ADP 4.RTX 5.JNJ 6.GOOGL 7.SCHP 8.V 9.BLKCHF 10.AMGN
2022-09-30	87	$118.4M	0	1AAPL 2MSFT 3SCHP Top holdings2022-09-30 1.AAPL 2.MSFT 3.SCHP 4.ADP 5.GOOGL 6.AMZN 7.JNJ 8.RTX 9.V 10.BMY
2022-06-30	88	$129.8M	0	1AAPL 2MSFT 3GOOGL Top holdings2022-06-30 1.AAPL 2.MSFT 3.GOOGL 4.SCHP 5.ADP 6.RTX 7.JNJ 8.AMZN 9.BMY 10.V
2022-03-31	90	$163.3M	0	1AAPL 2MSFT 3GOOGL Top holdings2022-03-31 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.ADP 7.RTX 8.JNJ 9.BLKCHF 10.NVDA
2021-12-31	88	$172.5M	0	1AAPL 2MSFT 3GOOGL Top holdings2021-12-31 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.BLKCHF 7.ADP 8.NVDA 9.META 10.JPM
2021-09-30	86	$154.9M	0	1AAPL 2MSFT 3GOOGL Top holdings2021-09-30 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.BLKCHF 7.ADP 8.META 9.JPM 10.V
2021-06-30	85	$150.2M	97	1AAPL 2MSFT 3AMZN Top holdings2021-06-30 1.AAPL 2.MSFT 3.AMZN 4.GOOGL 5.BLKCHF 6.META 7.ADP 8.SCHP 9.PYPL 10.V
2021-03-31	154	$141.9M	15	1AAPL 2MSFT 3AMZN Top holdings2021-03-31 1.AAPL 2.MSFT 3.AMZN 4.ADP 5.BLKCHF 6.JNJ 7.JPM 8.GOOGL 9.META 10.LMT
2020-12-31	87	$130.3M	11	1AAPL 2MSFT 3AMZN Top holdings2020-12-31 1.AAPL 2.MSFT 3.AMZN 4.ADP 5.PYPL 6.V 7.JNJ 8.META 9.BLKCHF 10.LMT
2020-09-30	85	$120.1M	18	1AAPL 2MSFT 3AMZN Top holdings2020-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.LMT 6.JNJ 7.V 8.AMGN 9.PYPL 10.ADP
2020-06-30	78	$107.0M	39	1AAPL 2MSFT 3AMZN Top holdings2020-06-30 1.AAPL 2.MSFT 3.AMZN 4.V 5.LMT 6.META 7.JNJ 8.GOOGL 9.ADP 10.PYPL
2020-03-31	79	$88.4M	51	1AAPL 2MSFT 3V Top holdings2020-03-31 1.AAPL 2.MSFT 3.V 4.META 5.JNJ 6.ADP 7.AMZN 8.BLKCHF 9.GOOGL 10.MCD
2019-12-31	88	$115.1M	18	1AAPL 2V 3MSFT Top holdings2019-12-31 1.AAPL 2.V 3.MSFT 4.META 5.JNJ 6.JPM 7.BLKCHF 8.DIS 9.GOOGL 10.AWK
2019-09-30	89	$104.6M	18	1AAPL 2MSFT 3V Top holdings2019-09-30 1.AAPL 2.MSFT 3.V 4.META 5.GOOGL 6.JNJ 7.DIS 8.AWK 9.BLKCHF 10.AMGN
2019-06-30	88	$108.9M	16	1AAPL 2MSFT 3V Top holdings2019-06-30 1.AAPL 2.MSFT 3.V 4.META 5.JNJ 6.DIS 7.BLKCHF 8.AMGN 9.GOOGL 10.CVX
2019-03-31	88	$107.4M	19	1AAPL 2MSFT 3META Top holdings2019-03-31 1.AAPL 2.MSFT 3.META 4.V 5.JNJ 6.GOOGL 7.DIS 8.BLKCHF 9.AMGN 10.EMR
2018-12-31	85	$93.5M	33	1AAPL 2MSFT 3JNJ Top holdings2018-12-31 1.AAPL 2.MSFT 3.JNJ 4.DIS 5.AMGN 6.V 7.GOOGL 8.META 9.JPM 10.BLKCHF
2018-09-30	93	$118.3M	10	1AAPL 2MSFT 3META Top holdings2018-09-30 1.AAPL 2.MSFT 3.META 4.BLKCHF 5.V 6.DIS 7.GOOGL 8.AMGN 9.EMR 10.JPM
2018-06-30	93	$110.8M	11	1AAPL 2META 3MSFT Top holdings2018-06-30 1.AAPL 2.META 3.MSFT 4.BLKCHF 5.GOOGL 6.DIS 7.V 8.EMR 9.AMGN 10.CVX
2018-03-31	91	$110.9M	18	1AAPL 2MSFT 3BLKCHF Top holdings2018-03-31 1.AAPL 2.MSFT 3.BLKCHF 4.META 5.V 6.JPM 7.GOOGL 8.EMR 9.DIS 10.AMGN
2017-12-31	87	$111.6M	13	1AAPL 2META 3BLKCHF Top holdings2017-12-31 1.AAPL 2.META 3.BLKCHF 4.MSFT 5.V 6.EMR 7.DIS 8.GOOGL 9.JNJ 10.UPS
2017-09-30	85	$104.8M	15	1AAPL 2META 3BLKCHF Top holdings2017-09-30 1.AAPL 2.META 3.BLKCHF 4.MSFT 5.V 6.JNJ 7.UPS 8.AMGN 9.DIS 10.GOOGL
2017-06-30	85	$103.8M	17	1AAPL 2META 3MSFT Top holdings2017-06-30 1.AAPL 2.META 3.MSFT 4.JNJ 5.DIS 6.V 7.BLKCHF 8.PRU 9.UPS 10.AMGN
2017-03-31	86	$106.5M	12	1AAPL 2META 3DIS Top holdings2017-03-31 1.AAPL 2.META 3.DIS 4.BKNG 5.MSFT 6.V 7.JNJ 8.BG 9.PRU 10.UPS
2016-12-31	83	$100.8M	58	1AAPL 2META 3DIS Top holdings2016-12-31 1.AAPL 2.META 3.DIS 4.MSFT 5.BKNG 6.V 7.UPS 8.PRU 9.JNJ 10.ADP
2015-09-30	72	$89.9M	23	1AAPL 2KO 3CVS Top holdings2015-09-30 1.AAPL 2.KO 3.CVS 4.DIS 5.META 6.BKNG 7.SBUX 8.V 9.AN 10.CERNCHF
2015-06-30	71	$97.4M	18	1AAPL 2DIS 3CVS Top holdings2015-06-30 1.AAPL 2.DIS 3.CVS 4.KO 5.META 6.CERNCHF 7.CMCSA 8.BKNG 9.AN 10.G0177J
2015-03-31	76	$102.5M	18	1AAPL 2KO 3CVS Top holdings2015-03-31 1.AAPL 2.KO 3.CVS 4.DIS 5.SBUX 6.META 7.CERNCHF 8.AN 9.BKNG 10.88732J
2014-12-31	74	$100.8M	0	1AAPL 2KO 3CVS Top holdings2014-12-31 1.AAPL 2.KO 3.CVS 4.DIS 5.META 6.EBAY 7.CERNCHF 8.PII 9.SBUX 10.AN

Holding changes this quarter

Lederer & Associates Investment Counsel/ca's most significant position changes for 2026-06-30: Sold out: Exxon Mobil CORP (XOM); New buy: ; New buy: Mcdonald's CORP (MCD); New buy: Schwab (charles) CORP (SCHW); Sold out: Delta Air Lines INC (DAL).

Position changes disclosed by Lederer & Associates Investment Counsel/ca for the quarter ending 2026-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	✓		+1.3%	NEW	New buy
2	MCD	Mcdonald's CORP	+1.1%	NEW	New buy
3	SCHW	Schwab (charles) CORP	+1.1%	NEW	New buy
4	CSCO	Cisco Systems INC	+0.6%	-1.58%	Trim
5	GOOGL	Alphabet Inc-cl A	+0.5%	-2.88%	Trim
6	GLDM	Spdr Gold Minishares Trust	+0.5%	NEW	New buy
7	NVDA	Nvidia CORP	+0.4%	-0.17%	Trim
8	CRWD	Crowdstrike Holdings INC - A	+0.3%	-20.73%	Trim
9	✓		+0.3%	NEW	New buy
10	✓		+0.3%	NEW	New buy
11	AVGO	Broadcom INC	+0.3%	-2.45%	Trim
12	IBM	Intl Business Machines CORP	+0.2%	+34.47%	Add
13	AMZN	Amazon.com INC	+0.2%	-0.32%	Trim
14	ADP	Automatic Data Processing	+0.2%	+8.63%	Add
15	SCHG	Schwab US Large-cap Growth	+0.2%	+10.25%	Add
16	V	Visa Inc-class A Shares	+0.1%	+0.03%	Add
17	SCHD	Schwab US Dvd Equity ETF	+0.1%	+23.08%	Add
18	WAT	Waters CORP	+0.1%	—	Unchanged
19	ABBV	Abbvie INC	+0.1%	-2.06%	Trim
20	GS	Goldman Sachs Group INC	+0.1%	+0.62%	Add
21	UBER	Uber Technologies INC	+0.1%	+14.75%	Add
22	HD	Home Depot INC	+0.1%	+7.28%	Add
23	VRT	Vertiv Holdings Co-a	+0.1%	-14.86%	Trim
24	AAPL	Apple INC	0%	-5.16%	Trim
25	ABNB	Airbnb Inc-class A	0%	—	Unchanged
26	SYY	Sysco CORP	0%	-2.13%	Trim
27	WELL	Welltower INC	0%	—	Unchanged
28	CPAY	Corpay INC	0%	—	Unchanged
29	JPM	Jpmorgan Chase & Co	0%	-1.85%	Trim
30	UNP	Union Pacific CORP	0%	-1.50%	Trim
31	PEP	Pepsico INC	0%	+28.43%	Add
32	GOOG	Alphabet Inc-cl C	0%	-8.80%	Trim
33	SBUX	Starbucks CORP	0%	-2.54%	Trim
34	BRK-B	Berkshire Hathaway Inc-cl B	-0.1%	+0.52%	Add
35	META	Meta Platforms Inc-class A	-0.1%	+4.55%	Add
36	CVX	Chevron CORP	-0.2%	+2.09%	Add
37	GDX	Vaneck Gold Miners ETF	-0.2%	EXIT	Sold out
38	MDT	Medtronic plc	-0.2%	-1.89%	Trim
39	CTSH	Cognizant Tech Solutions-a	-0.2%	—	Unchanged
40	COST	Costco Wholesale CORP	-0.2%	-0.19%	Trim
41	CME	Cme Group INC	-0.2%	+13.07%	Add
42	AMGN	Amgen INC	-0.2%	-10.31%	Trim
43	NEE	Nextera Energy INC	-0.2%	-1.36%	Trim
44	MSFT	Microsoft CORP	-0.3%	+0.84%	Add
45	NFLX	Netflix INC	-0.4%	-0.16%	Trim
46	GLD	Spdr Gold Shares	-0.4%	—	Unchanged
47	OTIS	Otis Worldwide CORP	-0.6%	EXIT	Sold out
48	HON	Honeywell International INC	-0.6%	EXIT	Sold out
49	DAL	Delta Air Lines INC	-1.1%	EXIT	Sold out
50	XOM	Exxon Mobil CORP	-1.8%	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-06-30	2026-07-10	13F-HR	View on EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-10-24	13F-HR	View on EDGAR
2025-06-30	2025-07-14	13F-HR	View on EDGAR
2025-03-31	2025-04-02	13F-HR	View on EDGAR
2024-12-31	2025-01-24	13F-HR	View on EDGAR
2024-09-30	2024-10-24	13F-HR	View on EDGAR
2024-06-30	2024-08-02	13F-HR	View on EDGAR
2024-03-31	2024-04-29	13F-HR	View on EDGAR
2023-12-31	2024-01-19	13F-HR	View on EDGAR
2023-09-30	2023-10-23	13F-HR	View on EDGAR
2023-06-30	2023-08-07	13F-HR	View on EDGAR
2023-03-31	2023-04-17	13F-HR	View on EDGAR
2022-12-31	2023-01-13	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-09	13F-HR	View on EDGAR
2022-03-31	2022-05-24	13F-HR	View on EDGAR
2021-12-31	2022-01-24	13F-HR	View on EDGAR
2021-09-30	2021-10-22	13F-HR	View on EDGAR
2021-06-30	2021-07-23	13F-HR	View on EDGAR
2021-03-31	2021-04-19	13F-HR	View on EDGAR
2020-12-31	2021-01-25	Amendment	View on EDGAR
2020-12-31	2021-01-13	13F-HR	View on EDGAR
2020-09-30	2021-01-13	13F-HR	View on EDGAR
2020-06-30	2020-07-14	13F-HR	View on EDGAR
2020-03-31	2020-04-20	13F-HR	View on EDGAR
2019-12-31	2020-02-07	13F-HR	View on EDGAR
2019-09-30	2019-10-07	13F-HR	View on EDGAR
2019-06-30	2019-07-19	13F-HR	View on EDGAR
2019-03-31	2019-04-12	13F-HR	View on EDGAR
2018-12-31	2019-01-25	13F-HR	View on EDGAR
2018-09-30	2018-10-22	13F-HR	View on EDGAR
2018-06-30	2018-07-27	13F-HR	View on EDGAR
2018-03-31	2018-04-09	13F-HR	View on EDGAR
2017-12-31	2018-01-11	13F-HR	View on EDGAR
2017-09-30	2017-10-13	13F-HR	View on EDGAR
2017-06-30	2017-07-26	13F-HR	View on EDGAR
2017-03-31	2017-04-19	13F-HR	View on EDGAR
2016-12-31	2017-01-10	13F-HR	View on EDGAR
2015-09-30	2015-10-16	13F-HR	View on EDGAR
2015-06-30	2015-07-24	13F-HR	View on EDGAR
2015-03-31	2015-04-14	13F-HR	View on EDGAR
2014-12-31	2015-01-27	13F-HR	View on EDGAR

FAQ

What is Lederer & Associates Investment Counsel/ca and what type of investor is it?

Lederer & Associates Investment Counsel/ca 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 (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $151.9M, spread across 84 disclosed positions.

What are Lederer & Associates Investment Counsel/ca's largest equity positions?

Based on the latest 13F filing, Lederer & Associates Investment Counsel/ca's top holdings by market value are: 1. Apple INC (AAPL) — $13.2M (8.7%) 2. Nvidia CORP (NVDA) — $9.3M (6.1%) 3. Microsoft CORP (MSFT) — $8.5M (5.6%) 4. Alphabet Inc-cl A (GOOGL) — $7.3M (4.8%) 5. Amazon.com INC (AMZN) — $5.1M (3.4%)

What changes did Lederer & Associates Investment Counsel/ca make in its most recent portfolio filing?

In the latest reported quarter, Lederer & Associates Investment Counsel/ca made 44 notable position adjustments: 6 new positions were initiated, 14 existing holdings were added to, 19 positions were partially reduced, and 5 were completely exited. The largest of these moves: Sold out: Exxon Mobil CORP (XOM); New buy: ; New buy: Mcdonald's CORP (MCD); New buy: Schwab (charles) CORP (SCHW); Sold out: Delta Air Lines INC (DAL)

What sectors does Lederer & Associates Investment Counsel/ca focus on?

Lederer & Associates Investment Counsel/ca is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 36.2% • Financials: 14.6% • Communication Services: 10.2% • Health Care: 9.5% • Consumer Discretionary: 8.0% • Industrials: 6.9%

Peer Institutions

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Lederer & Associates Investment Counsel/ca Holdings Report (13F Filings)

CIK: 0001089707

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$151.9M

Reporting period: 2026-06-30 · Number of holdings: 84

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "L"

Personality snowflake

Concentration: 10.8
Portfolio Stability: 18.86
Momentum/Contrarian: 100
Sector conviction: 56.5
Diversification: 100
Sizing Uniformity: 88.68

Position sizes are fairly uniform across the portfolio (a coefficient of variation of 1.13), suggesting a disciplined, rules-based approach to how much capital goes into each idea.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Sold out XOM
New buy 30233Q108
New buy MCD
New buy SCHW
Sold out DAL
Sold out HON

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AAPL	Apple INC	Stock-Tech	8.71%	+0.04%	-5.16%
2	NVDA	Nvidia CORP	Stock-Tech	6.11%	+0.37%	-0.17%
3	MSFT	Microsoft CORP	Stock-Tech	5.59%	-0.33%	+0.84%
4	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	4.82%	+0.52%	-2.88%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	3.36%	+0.19%	-0.32%
6	AVGO	Broadcom INC	Stock-Tech	2.80%	+0.27%	-2.45%
7	META	Meta Platforms Inc-class A	Stock-Comm Services	2.33%	-0.10%	+4.55%
8	V	Visa Inc-class A Shares	Stock-Financials	2.15%	+0.11%	+0.03%
9	CSCO	Cisco Systems INC	Stock-Tech	2.00%	+0.56%	-1.58%
10	JPM	Jpmorgan Chase & Co	Stock-Financials	1.92%	+0.03%	-1.85%
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.90%	-0.05%	+0.52%
12	JNJ	Johnson & Johnson	Stock-Healthcare	1.87%	—	-1.73%
13	ABBV	Abbvie INC	Stock-Healthcare	1.75%	+0.08%	-2.06%
14	ADP	Automatic Data Processing	Stock-Tech	1.70%	+0.18%	+8.63%
15	GLW	Corning INC	Stock-Tech	1.69%	—	-46.76%
16	BLK	Blackrock INC	Stock-Financials	1.66%	—	-1.80%
17	CB	Chubb Limited	Stock-Financials	1.65%	—	-1.88%
18	GLD	Spdr Gold Shares	ETF-Commodities	1.58%	-0.41%	—
19	NEE	Nextera Energy INC	Stock-Utilities	1.55%	-0.24%	-1.36%
20	LIN	Linde plc	Stock-Materials	1.46%	—	-1.49%
21	SCHV	Schwab US Large-cap Value	ETF-Other	1.38%	—	-11.26%
22	✓		Stock-Other	1.34%	+1.34%	NEW
23	WM	Waste Management INC	Stock-Industrials	1.33%	—	-1.33%
24	COST	Costco Wholesale CORP	Stock-Consumer Staples	1.30%	-0.19%	-0.19%
25	AMGN	Amgen INC	Stock-Healthcare	1.26%	-0.21%	-10.31%
26	UNP	Union Pacific CORP	Stock-Industrials	1.21%	+0.03%	-1.50%
27	SCHG	Schwab US Large-cap Growth	ETF-Other	1.13%	+0.18%	+10.25%
28	SYK	Stryker CORP	Stock-Healthcare	1.12%	—	+8.92%
29	SPGI	S&p Global INC	Stock-Financials	1.12%	—	+0.19%
30	MLM	Martin Marietta Materials	Stock-Materials	1.11%	—	-0.03%
31	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	1.09%	+0.33%	-20.73%
32	MCD	Mcdonald's CORP	Stock-Consumer Disc	1.09%	+1.09%	NEW
33	SCHW	Schwab (charles) CORP	Stock-Financials	1.07%	+1.07%	NEW
34	SCHP	Schwab U.s. Tips ETF	ETF-Other	1.00%	—	—
35	UBER	Uber Technologies INC	Stock-Industrials	0.94%	+0.06%	+14.75%
36	BA	Boeing Co/the	Stock-Industrials	0.91%	—	-2.78%
37	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.88%	—	-0.22%
38	NFLX	Netflix INC	Stock-Comm Services	0.88%	-0.40%	-0.16%
39	VRT	Vertiv Holdings Co-a	Stock-Industrials	0.87%	+0.05%	-14.86%
40	ABNB	Airbnb Inc-class A	Stock-Consumer Disc	0.86%	+0.04%	—
41	SBUX	Starbucks CORP	Stock-Consumer Disc	0.85%	+0.02%	-2.54%
42	HD	Home Depot INC	Stock-Consumer Disc	0.85%	+0.06%	+7.28%
43	MRK	Merck & Co. INC.	Stock-Healthcare	0.81%	—	+0.88%
44	CME	Cme Group INC	Stock-Financials	0.79%	-0.21%	+13.07%
45	ITW	Illinois Tool Works	Stock-Industrials	0.77%	—	-2.25%
46	AWK	American Water Works Co INC	Stock-Utilities	0.77%	—	-1.65%
47	GS	Goldman Sachs Group INC	Stock-Financials	0.76%	+0.08%	+0.62%
48	MDT	Medtronic plc	Stock-Healthcare	0.71%	-0.16%	-1.89%
49	SYY	Sysco CORP	Stock-Consumer Staples	0.70%	+0.04%	-2.13%
50	WELL	Welltower INC	Stock-Real Estate	0.69%	+0.04%	—

1–50 of 84

Portfolio Performance

Performance for Q3 2026

+3.1%

Performance Last 4 Quarters

+15.9%

Based on 82% of reported portfolio value with available pricing

Stdev: +11.3%
Beta: +0.8
Alpha: +0.2%
Max Drawdown: -7%
Annualized Perf: +15.4%
Batting Avg vs S&P: +38.9%
Sortino: +2.53
Stutzer: +0.39
Treynor: +0.19
Sterling: +0.95
Calmar: +2.2
Information Ratio: -0.69
Tracking Error: +5%
Stdev Down: +5.9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +31.3%
Worst 12 Months: +12.2%
Efficiency Ratio: +0.52
Sharpe: +1.33
Stdev Sectors: +9.4%
Skewness: -0.06
Kurtosis: +0.01
Upside Potential: +4.15

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-06-30	84	$151.9M	19	1AAPL 2NVDA 3MSFT Top holdings2026-06-30 1.AAPL 2.NVDA 3.MSFT 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.CSCO 10.JPM
2026-03-31	83	$141.2M	16	1AAPL 2MSFT 3NVDA Top holdings2026-03-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.GLD 10.JNJ
2025-12-31	83	$149.0M	13	1AAPL 2MSFT 3NVDA Top holdings2025-12-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.AVGO 7.META 8.V 9.BRK-B 10.JPM
2025-09-30	85	$154.0M	27	1AAPL 2MSFT 3NVDA Top holdings2025-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.AVGO 8.V 9.ADP 10.BRK-B
2025-06-30	83	$151.2M	0	1MSFT 2AAPL 3NVDA Top holdings2025-06-30 1.MSFT 2.AAPL 3.NVDA 4.AMZN 5.META 6.GOOGL 7.V 8.ADP 9.AVGO 10.BRK-B
2025-03-31	81	$136.6M	100	1AAPL 2MSFT 3NVDA Top holdings2025-03-31 1.AAPL 2.MSFT 3.NVDA 4.AMZN 5.GOOGL 6.V 7.META 8.BRK-B 9.ADP 10.BLK
2024-12-31	85	$143.2M	0	1AAPL 2MSFT 3NVDA Top holdings2024-12-31 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.ADP 9.BRK-B 10.AVGO
2024-09-30	84	$142.1M	0	1AAPL 2MSFT 3NVDA Top holdings2024-09-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.BRK-B 8.ADP 9.V 10.BLKCHF
2024-06-30	84	$138.2M	0	1AAPL 2MSFT 3NVDA Top holdings2024-06-30 1.AAPL 2.MSFT 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.JPM 9.BRK-B 10.ADP
2024-03-31	89	$143.9M	0	1MSFT 2AAPL 3NVDA Top holdings2024-03-31 1.MSFT 2.AAPL 3.NVDA 4.GOOGL 5.AMZN 6.META 7.V 8.JPM 9.ADP 10.BRK-B
2023-12-31	87	$135.1M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-12-31 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.AMZN 6.V 7.ADP 8.JPM 9.META 10.BRK-B
2023-09-30	86	$125.8M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-09-30 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.ADP 6.AMZN 7.V 8.SCHP 9.BRK-B 10.AMGN
2023-06-30	85	$132.5M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-06-30 1.AAPL 2.MSFT 3.GOOGL 4.NVDA 5.V 6.AMZN 7.ADP 8.SCHP 9.BRK-B 10.JNJ
2023-03-31	88	$129.6M	0	1AAPL 2MSFT 3GOOGL Top holdings2023-03-31 1.AAPL 2.MSFT 3.GOOGL 4.ADP 5.V 6.NVDA 7.SCHP 8.JNJ 9.AMZN 10.BRK-B
2022-12-31	87	$122.3M	0	1AAPL 2MSFT 3ADP Top holdings2022-12-31 1.AAPL 2.MSFT 3.ADP 4.RTX 5.JNJ 6.GOOGL 7.SCHP 8.V 9.BLKCHF 10.AMGN
2022-09-30	87	$118.4M	0	1AAPL 2MSFT 3SCHP Top holdings2022-09-30 1.AAPL 2.MSFT 3.SCHP 4.ADP 5.GOOGL 6.AMZN 7.JNJ 8.RTX 9.V 10.BMY
2022-06-30	88	$129.8M	0	1AAPL 2MSFT 3GOOGL Top holdings2022-06-30 1.AAPL 2.MSFT 3.GOOGL 4.SCHP 5.ADP 6.RTX 7.JNJ 8.AMZN 9.BMY 10.V
2022-03-31	90	$163.3M	0	1AAPL 2MSFT 3GOOGL Top holdings2022-03-31 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.ADP 7.RTX 8.JNJ 9.BLKCHF 10.NVDA
2021-12-31	88	$172.5M	0	1AAPL 2MSFT 3GOOGL Top holdings2021-12-31 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.BLKCHF 7.ADP 8.NVDA 9.META 10.JPM
2021-09-30	86	$154.9M	0	1AAPL 2MSFT 3GOOGL Top holdings2021-09-30 1.AAPL 2.MSFT 3.GOOGL 4.AMZN 5.SCHP 6.BLKCHF 7.ADP 8.META 9.JPM 10.V
2021-06-30	85	$150.2M	97	1AAPL 2MSFT 3AMZN Top holdings2021-06-30 1.AAPL 2.MSFT 3.AMZN 4.GOOGL 5.BLKCHF 6.META 7.ADP 8.SCHP 9.PYPL 10.V
2021-03-31	154	$141.9M	15	1AAPL 2MSFT 3AMZN Top holdings2021-03-31 1.AAPL 2.MSFT 3.AMZN 4.ADP 5.BLKCHF 6.JNJ 7.JPM 8.GOOGL 9.META 10.LMT
2020-12-31	87	$130.3M	11	1AAPL 2MSFT 3AMZN Top holdings2020-12-31 1.AAPL 2.MSFT 3.AMZN 4.ADP 5.PYPL 6.V 7.JNJ 8.META 9.BLKCHF 10.LMT
2020-09-30	85	$120.1M	18	1AAPL 2MSFT 3AMZN Top holdings2020-09-30 1.AAPL 2.MSFT 3.AMZN 4.META 5.LMT 6.JNJ 7.V 8.AMGN 9.PYPL 10.ADP
2020-06-30	78	$107.0M	39	1AAPL 2MSFT 3AMZN Top holdings2020-06-30 1.AAPL 2.MSFT 3.AMZN 4.V 5.LMT 6.META 7.JNJ 8.GOOGL 9.ADP 10.PYPL
2020-03-31	79	$88.4M	51	1AAPL 2MSFT 3V Top holdings2020-03-31 1.AAPL 2.MSFT 3.V 4.META 5.JNJ 6.ADP 7.AMZN 8.BLKCHF 9.GOOGL 10.MCD
2019-12-31	88	$115.1M	18	1AAPL 2V 3MSFT Top holdings2019-12-31 1.AAPL 2.V 3.MSFT 4.META 5.JNJ 6.JPM 7.BLKCHF 8.DIS 9.GOOGL 10.AWK
2019-09-30	89	$104.6M	18	1AAPL 2MSFT 3V Top holdings2019-09-30 1.AAPL 2.MSFT 3.V 4.META 5.GOOGL 6.JNJ 7.DIS 8.AWK 9.BLKCHF 10.AMGN
2019-06-30	88	$108.9M	16	1AAPL 2MSFT 3V Top holdings2019-06-30 1.AAPL 2.MSFT 3.V 4.META 5.JNJ 6.DIS 7.BLKCHF 8.AMGN 9.GOOGL 10.CVX
2019-03-31	88	$107.4M	19	1AAPL 2MSFT 3META Top holdings2019-03-31 1.AAPL 2.MSFT 3.META 4.V 5.JNJ 6.GOOGL 7.DIS 8.BLKCHF 9.AMGN 10.EMR
2018-12-31	85	$93.5M	33	1AAPL 2MSFT 3JNJ Top holdings2018-12-31 1.AAPL 2.MSFT 3.JNJ 4.DIS 5.AMGN 6.V 7.GOOGL 8.META 9.JPM 10.BLKCHF
2018-09-30	93	$118.3M	10	1AAPL 2MSFT 3META Top holdings2018-09-30 1.AAPL 2.MSFT 3.META 4.BLKCHF 5.V 6.DIS 7.GOOGL 8.AMGN 9.EMR 10.JPM
2018-06-30	93	$110.8M	11	1AAPL 2META 3MSFT Top holdings2018-06-30 1.AAPL 2.META 3.MSFT 4.BLKCHF 5.GOOGL 6.DIS 7.V 8.EMR 9.AMGN 10.CVX
2018-03-31	91	$110.9M	18	1AAPL 2MSFT 3BLKCHF Top holdings2018-03-31 1.AAPL 2.MSFT 3.BLKCHF 4.META 5.V 6.JPM 7.GOOGL 8.EMR 9.DIS 10.AMGN
2017-12-31	87	$111.6M	13	1AAPL 2META 3BLKCHF Top holdings2017-12-31 1.AAPL 2.META 3.BLKCHF 4.MSFT 5.V 6.EMR 7.DIS 8.GOOGL 9.JNJ 10.UPS
2017-09-30	85	$104.8M	15	1AAPL 2META 3BLKCHF Top holdings2017-09-30 1.AAPL 2.META 3.BLKCHF 4.MSFT 5.V 6.JNJ 7.UPS 8.AMGN 9.DIS 10.GOOGL
2017-06-30	85	$103.8M	17	1AAPL 2META 3MSFT Top holdings2017-06-30 1.AAPL 2.META 3.MSFT 4.JNJ 5.DIS 6.V 7.BLKCHF 8.PRU 9.UPS 10.AMGN
2017-03-31	86	$106.5M	12	1AAPL 2META 3DIS Top holdings2017-03-31 1.AAPL 2.META 3.DIS 4.BKNG 5.MSFT 6.V 7.JNJ 8.BG 9.PRU 10.UPS
2016-12-31	83	$100.8M	58	1AAPL 2META 3DIS Top holdings2016-12-31 1.AAPL 2.META 3.DIS 4.MSFT 5.BKNG 6.V 7.UPS 8.PRU 9.JNJ 10.ADP
2015-09-30	72	$89.9M	23	1AAPL 2KO 3CVS Top holdings2015-09-30 1.AAPL 2.KO 3.CVS 4.DIS 5.META 6.BKNG 7.SBUX 8.V 9.AN 10.CERNCHF
2015-06-30	71	$97.4M	18	1AAPL 2DIS 3CVS Top holdings2015-06-30 1.AAPL 2.DIS 3.CVS 4.KO 5.META 6.CERNCHF 7.CMCSA 8.BKNG 9.AN 10.G0177J
2015-03-31	76	$102.5M	18	1AAPL 2KO 3CVS Top holdings2015-03-31 1.AAPL 2.KO 3.CVS 4.DIS 5.SBUX 6.META 7.CERNCHF 8.AN 9.BKNG 10.88732J
2014-12-31	74	$100.8M	0	1AAPL 2KO 3CVS Top holdings2014-12-31 1.AAPL 2.KO 3.CVS 4.DIS 5.META 6.EBAY 7.CERNCHF 8.PII 9.SBUX 10.AN

Holding changes this quarter

Position changes disclosed by Lederer & Associates Investment Counsel/ca for the quarter ending 2026-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	✓		+1.3%	NEW	New buy
2	MCD	Mcdonald's CORP	+1.1%	NEW	New buy
3	SCHW	Schwab (charles) CORP	+1.1%	NEW	New buy
4	CSCO	Cisco Systems INC	+0.6%	-1.58%	Trim
5	GOOGL	Alphabet Inc-cl A	+0.5%	-2.88%	Trim
6	GLDM	Spdr Gold Minishares Trust	+0.5%	NEW	New buy
7	NVDA	Nvidia CORP	+0.4%	-0.17%	Trim
8	CRWD	Crowdstrike Holdings INC - A	+0.3%	-20.73%	Trim
9	✓		+0.3%	NEW	New buy
10	✓		+0.3%	NEW	New buy
11	AVGO	Broadcom INC	+0.3%	-2.45%	Trim
12	IBM	Intl Business Machines CORP	+0.2%	+34.47%	Add
13	AMZN	Amazon.com INC	+0.2%	-0.32%	Trim
14	ADP	Automatic Data Processing	+0.2%	+8.63%	Add
15	SCHG	Schwab US Large-cap Growth	+0.2%	+10.25%	Add
16	V	Visa Inc-class A Shares	+0.1%	+0.03%	Add
17	SCHD	Schwab US Dvd Equity ETF	+0.1%	+23.08%	Add
18	WAT	Waters CORP	+0.1%	—	Unchanged
19	ABBV	Abbvie INC	+0.1%	-2.06%	Trim
20	GS	Goldman Sachs Group INC	+0.1%	+0.62%	Add
21	UBER	Uber Technologies INC	+0.1%	+14.75%	Add
22	HD	Home Depot INC	+0.1%	+7.28%	Add
23	VRT	Vertiv Holdings Co-a	+0.1%	-14.86%	Trim
24	AAPL	Apple INC	0%	-5.16%	Trim
25	ABNB	Airbnb Inc-class A	0%	—	Unchanged
26	SYY	Sysco CORP	0%	-2.13%	Trim
27	WELL	Welltower INC	0%	—	Unchanged
28	CPAY	Corpay INC	0%	—	Unchanged
29	JPM	Jpmorgan Chase & Co	0%	-1.85%	Trim
30	UNP	Union Pacific CORP	0%	-1.50%	Trim
31	PEP	Pepsico INC	0%	+28.43%	Add
32	GOOG	Alphabet Inc-cl C	0%	-8.80%	Trim
33	SBUX	Starbucks CORP	0%	-2.54%	Trim
34	BRK-B	Berkshire Hathaway Inc-cl B	-0.1%	+0.52%	Add
35	META	Meta Platforms Inc-class A	-0.1%	+4.55%	Add
36	CVX	Chevron CORP	-0.2%	+2.09%	Add
37	GDX	Vaneck Gold Miners ETF	-0.2%	EXIT	Sold out
38	MDT	Medtronic plc	-0.2%	-1.89%	Trim
39	CTSH	Cognizant Tech Solutions-a	-0.2%	—	Unchanged
40	COST	Costco Wholesale CORP	-0.2%	-0.19%	Trim
41	CME	Cme Group INC	-0.2%	+13.07%	Add
42	AMGN	Amgen INC	-0.2%	-10.31%	Trim
43	NEE	Nextera Energy INC	-0.2%	-1.36%	Trim
44	MSFT	Microsoft CORP	-0.3%	+0.84%	Add
45	NFLX	Netflix INC	-0.4%	-0.16%	Trim
46	GLD	Spdr Gold Shares	-0.4%	—	Unchanged
47	OTIS	Otis Worldwide CORP	-0.6%	EXIT	Sold out
48	HON	Honeywell International INC	-0.6%	EXIT	Sold out
49	DAL	Delta Air Lines INC	-1.1%	EXIT	Sold out
50	XOM	Exxon Mobil CORP	-1.8%	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-06-30	2026-07-10	13F-HR	View on EDGAR
2026-03-31	2026-04-24	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-10-24	13F-HR	View on EDGAR
2025-06-30	2025-07-14	13F-HR	View on EDGAR
2025-03-31	2025-04-02	13F-HR	View on EDGAR
2024-12-31	2025-01-24	13F-HR	View on EDGAR
2024-09-30	2024-10-24	13F-HR	View on EDGAR
2024-06-30	2024-08-02	13F-HR	View on EDGAR
2024-03-31	2024-04-29	13F-HR	View on EDGAR
2023-12-31	2024-01-19	13F-HR	View on EDGAR
2023-09-30	2023-10-23	13F-HR	View on EDGAR
2023-06-30	2023-08-07	13F-HR	View on EDGAR
2023-03-31	2023-04-17	13F-HR	View on EDGAR
2022-12-31	2023-01-13	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-09	13F-HR	View on EDGAR
2022-03-31	2022-05-24	13F-HR	View on EDGAR
2021-12-31	2022-01-24	13F-HR	View on EDGAR
2021-09-30	2021-10-22	13F-HR	View on EDGAR
2021-06-30	2021-07-23	13F-HR	View on EDGAR
2021-03-31	2021-04-19	13F-HR	View on EDGAR
2020-12-31	2021-01-25	Amendment	View on EDGAR
2020-12-31	2021-01-13	13F-HR	View on EDGAR
2020-09-30	2021-01-13	13F-HR	View on EDGAR
2020-06-30	2020-07-14	13F-HR	View on EDGAR
2020-03-31	2020-04-20	13F-HR	View on EDGAR
2019-12-31	2020-02-07	13F-HR	View on EDGAR
2019-09-30	2019-10-07	13F-HR	View on EDGAR
2019-06-30	2019-07-19	13F-HR	View on EDGAR
2019-03-31	2019-04-12	13F-HR	View on EDGAR
2018-12-31	2019-01-25	13F-HR	View on EDGAR
2018-09-30	2018-10-22	13F-HR	View on EDGAR
2018-06-30	2018-07-27	13F-HR	View on EDGAR
2018-03-31	2018-04-09	13F-HR	View on EDGAR
2017-12-31	2018-01-11	13F-HR	View on EDGAR
2017-09-30	2017-10-13	13F-HR	View on EDGAR
2017-06-30	2017-07-26	13F-HR	View on EDGAR
2017-03-31	2017-04-19	13F-HR	View on EDGAR
2016-12-31	2017-01-10	13F-HR	View on EDGAR
2015-09-30	2015-10-16	13F-HR	View on EDGAR
2015-06-30	2015-07-24	13F-HR	View on EDGAR
2015-03-31	2015-04-14	13F-HR	View on EDGAR
2014-12-31	2015-01-27	13F-HR	View on EDGAR