undamentalytics Newsletter

Institution

Aperio Group, LLC

13F for December 31, 2020, filed February 5, 2021 · SEC CIK 1364615 · Holdings history from June 30, 2006

The latest available holdings for this manager are dated December 31, 2020.

Reported value
$33.8bn
87% in companies we cover
Positions we cover
1,709
Largest AAPL 5.9%
Copy, a year
+15.0%
S&P 500 +15.6%
Copy Sharpe ratio
0.93
S&P 500 0.96

Copy-performance statistics: November 2, 2012 to May 21, 2021. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

2,430 reported entries for December 31, 2020.

IssuerClass / typeReported valueQuantity
MODERNA INC60770K107 · MRNA COM $12.2m 116,442
MOELIS & CO60786M105 · MC CL A $403,000 8,621
MOHAWK INDS INC608190104 · MHK COM $3.9m 27,376
MOLINA HEALTHCARE INC60855R100 · MOH COM $7.4m 34,833
MOLSON COORS BEVERAGE COMPANY CL B60871R209 · TAP CL B $4.4m 97,855
MOMO INC60879B107 ADR $2.0m 142,025
MONARCH CASINO & RESORT INC609027107 · MCRI COM $460,000 7,522
MONDELEZ INTL INC609207105 · MDLZ CL A $75.8m 1,296,241
MONGODB INC CL A60937P106 · MDB CL A $5.6m 15,654
MONMOUTH REAL ESTATE INVT CORP609720107 CL A $686,000 39,563
MONOLITHIC PWR SYS INC609839105 · MPWR COM $12.0m 32,775
MONRO INC610236101 · MNRO COM $311,000 5,837
MONSTER BEVERAGE CORP NEW61174X109 · MNST COM $23.5m 254,035
MOODYS CORP615369105 · MCO COM $40.7m 140,226
MOOG INC615394202 CL A $775,000 9,776
MORGAN STANLEY617446448 · MS COM NEW $82.0m 1,196,211
MORNINGSTAR INC617700109 · MORN COM $18.2m 78,596
MOSAIC CO NEW61945C103 · MOS COM $6.9m 299,254
MOTOROLA SOLUTIONS INC620076307 · MSI COM NEW $29.8m 175,284
MR COOPER GROUP INC62482R107 COM $3.3m 107,083
MRC GLOBAL INC55345K103 COM $661,000 99,767
MSA SAFETY INC553498106 · MSA COM $1.7m 11,619
MSC INDL DIRECT INC553530106 · MSM CL A $16.1m 190,522
MSCI INC55354G100 · MSCI COM $26.1m 58,458
MSG NETWORK INC553573106 CL A $507,000 34,379
MTS SYS CORP553777103 · DDD COM $1.9m 32,950
MUELLER INDS INC624756102 · MLI COM $631,000 17,975
MUELLER WTR PRODS INC624758108 · MWA COM SER A $385,000 31,126
MURPHY OIL CORP626717102 · MUR COM $4.8m 394,744
MURPHY USA INC626755102 · MUSA COM $3.2m 24,427
MYERS INDS INC628464109 · MYE COM $667,000 32,108
MYR GROUP INC DEL55405W104 · MYRG COM $2.8m 46,457
MYRIAD GENETICS INC62855J104 · MYGN COM $417,000 21,088
NANOSTRING TECHNOLOGIES INC63009R109 COM $672,000 10,055
NASDAQ INC631103108 · NDAQ COM $17.9m 134,976
NATERA INC632307104 · NTRA COM $1.1m 10,814
NATIONAL BEVERAGE CORP635017106 · FIZZ COM $477,000 5,620
NATIONAL BK HLDGS CORP633707104 · NBHC CL A $281,000 8,570
NATIONAL CINEMEDIA INC635309107 · NCMI COM $55,000 14,892
NATIONAL ENERGY SERVICES REUNIG6375R107 · NESR SHS $426,000 42,916
NATIONAL FUEL GAS CO N J636180101 · NFG COM $5.2m 126,246
NATIONAL GEN HLDGS CORP636220303 COM $1.5m 42,774
NATIONAL GRID PLC636274409 SPONSORED ADR NE $18.7m 317,211
NATIONAL HEALTH INVS INC63633D104 · NHI COM $817,000 11,816
NATIONAL HEALTHCARE CORP635906100 · NHC COM $910,000 13,699
NATIONAL INSTRS CORP636518102 COM $5.3m 120,443
NATIONAL OILWELL VARCO INC637071101 COM $3.6m 262,241
NATIONAL PRESTO INDS INC637215104 · NPK COM $783,000 8,852
NATIONAL RETAIL PPTYS INC637417106 · NNN COM $3.2m 79,397
WHIRLPOOL CORP963320106 · WHR COM $7.0m 38,683
WHITE MTNS INS GROUP LTDG9618E107 · WTM COM $3.8m 3,835
WIDEOPENWEST INC96758W101 COM $278,000 26,074
WILEY JOHN & SONS INC968223206 · WLY CL A $2.6m 56,450
WILLIAMS COS INC DEL969457100 · WMB COM $13.9m 691,526
WILLIAMS SONOMA INC969904101 · WSM COM $5.6m 55,332
WILLIS TOWERS WATSON PUB LTDG96629103 · WTW SHS $12.7m 60,101
WILLSCOT MOBIL MINI HLDNG CORP CL A971378104 · WSC COM CL A $1.0m 43,280
WINGSTOP INC974155103 · WING COM $874,000 6,592
WINNEBAGO INDS INC974637100 · WGO COM $1.5m 25,416
WINTRUST FINL CORP97650W108 · WTFC COM $5.2m 84,748
WIPRO LTD97651M109 SPON ADR 1 SH $26.8m 4,741,413
WISDOMTREE INVTS INC97717P104 · WT COM $600,000 112,185
WIX COM LTDM98068105 · WIX SHS $5.5m 22,031
WNS HOLDINGS LTD92932M101 SPON ADR $2.3m 32,352
WOLVERINE WORLD WIDE INC978097103 · WWW COM $781,000 24,986
WOODWARD INC980745103 · WWD COM $2.5m 20,290
WOORI FINANCIAL GROUP INC981064108 SPONSORED ADS $33.6m 1,226,061
WORKDAY INC98138H101 · WDAY CL A $14.6m 61,092
WORKIVA INC98139A105 · WK COM CL A $872,000 9,522
WORLD ACCEP CORP DEL981419104 · WRLD COM $443,000 4,330
WORLD FUEL SVCS CORP981475106 · WKC COM $1.4m 43,498
WORLD WRESTLING ENTMT INC98156Q108 CL A $1.9m 39,183
WORTHINGTON INDS INC981811102 · WOR COM $2.5m 48,773
WPP PLC92937A102 · WPP ADR $17.4m 321,710
WPX ENERGY INC98212B103 COM $8.5m 1,038,553
WSFS FINL CORP929328102 · WSFS COM $535,000 11,928
WW INTL INC98262P101 COM $265,000 10,853
WYNDHAM DESTINATIONS INC98310W108 COM $6.2m 138,028
WYNDHAM HOTELS & RESORTS INC98311A105 · WH COM $3.6m 60,288
WYNN RESORTS LTD983134107 · WYNN COM $4.2m 37,416
XBIOTECH INC98400H102 · XBIT COM $233,000 14,909
XCEL ENERGY INC98389B100 · XEL COM $28.0m 420,474
XENCOR INC98401F105 · XNCR COM $390,000 8,949
XENIA HOTELS & RESORTS INC984017103 · XHR COM $387,000 25,488
XEROX HOLDINGS CORP NEW98421M106 · XRX COM NEW $2.9m 124,276
XILINX INC983919101 COM $29.3m 206,565
XPENG INC98422D105 · XPEV ADS $649,000 15,142
XPERI HOLDING CORP98390M103 COM $360,000 17,239
XPO LOGISTICS INC983793100 · XPO COM $4.0m 33,864
XYLEM INC98419M100 · XYL COM $28.5m 280,387
Y MABS THERAPEUTICS INC984241109 COM $281,000 5,685
YAMANA GOLD INC98462Y100 COM $1.7m 304,353
YANDEX NVN97284108 · NBIS SHS CLASS A $410,000 5,897
YELP INC985817105 · YELP CL A $1.4m 43,738
YETI HOLDINGS INC98585X104 · YETI COM $804,000 11,737
YEXT INC98585N106 · YEXT COM $190,000 12,088
YIREN DIGITAL LTD98585L100 · YRD SPONSORED ADS $42,000 12,531
YORK WTR CO987184108 · YORW COM $312,000 6,691
YPF SOCIEDAD ANONIMA984245100 SPON ADR CL D $55,000 11,770
YUM BRANDS INC988498101 · YUM COM $28.6m 263,133

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

$10.0k$20.0k 20122014201620182020 $34.6k$33.0k
CopyS&P 500 $10,000 copying Aperio Group, LLC's usable filed holdings in companies we cover from November 2, 2012, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −31.8% (S&P 500 −31.8%); beta 0.98; alpha −0.3% a year (t = −0.36); last 12 months +47.8% against +47.3%.

Reported value by quarter

Aperio Group, LLC: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.
$0 $10B $20B $30B $40B Reported value, 2012-09-30: $2.7B Reported value, 2013-06-30: $4.2B Reported value, 2013-09-30: $5.2B Reported value, 2013-12-31: $6.4B Reported value, 2014-03-31: $7.1B Reported value, 2014-06-30: $6.9B Reported value, 2014-09-30: $7.4B Reported value, 2014-12-31: $8.1B Reported value, 2015-03-31: $8.9B Reported value, 2015-06-30: $9.7B Reported value, 2015-09-30: $9.8B Reported value, 2015-12-31: $10.9B Reported value, 2016-03-31: $11.7B Reported value, 2016-06-30: $12.8B Reported value, 2016-09-30: $13.8B Reported value, 2016-12-31: $13.1B Reported value, 2017-03-31: $14.6B Reported value, 2017-06-30: $16.3B Reported value, 2017-09-30: $17.7B Reported value, 2017-12-31: $19.7B Reported value, 2018-03-31: $20.1B Reported value, 2018-06-30: $20.9B Reported value, 2018-09-30: $22.7B Reported value, 2018-12-31: $19.8B Reported value, 2019-03-31: $23.2B Reported value, 2019-06-30: $24.5B Reported value, 2019-09-30: $25.3B Reported value, 2019-12-31: $27.8B Reported value, 2020-03-31: $22.6B Reported value, 2020-06-30: $27.1B Reported value, 2020-09-30: $29.6B Reported value, 2020-12-31: $33.8B 2012-09-30 2014-12-31 2016-09-30 2018-06-30 2020-12-31 $33.8B
View chart data
Period Reported value
2012-09-30 $2.7B
2013-06-30 $4.2B
2013-09-30 $5.2B
2013-12-31 $6.4B
2014-03-31 $7.1B
2014-06-30 $6.9B
2014-09-30 $7.4B
2014-12-31 $8.1B
2015-03-31 $8.9B
2015-06-30 $9.7B
2015-09-30 $9.8B
2015-12-31 $10.9B
2016-03-31 $11.7B
2016-06-30 $12.8B
2016-09-30 $13.8B
2016-12-31 $13.1B
2017-03-31 $14.6B
2017-06-30 $16.3B
2017-09-30 $17.7B
2017-12-31 $19.7B
2018-03-31 $20.1B
2018-06-30 $20.9B
2018-09-30 $22.7B
2018-12-31 $19.8B
2019-03-31 $23.2B
2019-06-30 $24.5B
2019-09-30 $25.3B
2019-12-31 $27.8B
2020-03-31 $22.6B
2020-06-30 $27.1B
2020-09-30 $29.6B
2020-12-31 $33.8B

Latest covered holdings and moves

Covered holdings as of December 31, 2020.

CompanyShare of portfolioValueSharesChange in shares
AAPLApple Inc.5.90%$2.0bn15.03M+0.1%
MSFTMicrosoft Corporation4.29%$1.4bn6.51M+1.2% Added
AMZNAmazon3.25%$1.1bn337.5K−1.4% Reduced
GOOGLAlphabet Inc. (Class A)1.80%$609.1m347.5K+1.9% Added
METAMeta Platforms1.47%$497.0m1.82M+1.4% Added
JNJJohnson & Johnson1.11%$375.1m2.38M−5.4% Reduced
VVisa Inc.1.06%$356.9m1.63M+1.0% Added
TSMTaiwan Semiconductor Manufacturing Co LTD1.00%$338.9m3.11M+0.6% Added
TSLATesla, Inc.0.97%$326.4m462.5K+21.6% Added
UNHUnitedHealth Group0.91%$306.3m873.4K+1.8% Added
JPMJPMorgan Chase0.87%$292.7m2.30M+3.5% Added
PGProcter & Gamble0.83%$280.4m2.01M+0.6% Added
HDThe Home Depot0.83%$279.0m1.05M+0.9% Added
NVDANVIDIA Corporation0.81%$274.6m525.9K+1.0% Added
MAMastercard0.79%$266.3m746.1K+1.0% Added
WMTWalmart0.79%$266.0m1.85M−1.4% Reduced
DISThe Walt Disney Company0.72%$241.9m1.34M+8.2% Added
ADBEAdobe Inc.0.70%$235.5m470.9K+2.0% Added
PYPLPayPal0.65%$219.5m937.3K+2.4% Added
ACNAccenture0.65%$218.3m835.9K+1.7% Added
VZVerizon0.63%$214.4m3.65M−2.6% Reduced
TMOThermo Fisher Scientific0.63%$212.8m456.9K+1.0% Added
NEENextEra Energy0.58%$195.0m2.53M+298.6% Added
CMCSAComcast0.57%$192.3m3.67M−0.3%
INTCIntel0.56%$188.4m3.78M−5.4% Reduced
MRKMerck & Co.0.55%$186.9m2.28M−2.4% Reduced
PEPPepsiCo0.54%$183.5m1.24M+0.6% Added
NKENike, Inc.0.53%$178.7m1.26M+2.7% Added
NFLXNetflix0.50%$170.0m314.3K+0.9% Added
TXNTexas Instruments0.50%$168.4m1.03M−0.6% Reduced
ABTAbbott Laboratories0.50%$168.0m1.53M+1.8% Added
BACBank of America0.48%$162.8m5.37M+2.5% Added
COSTCostco0.47%$159.1m422.4K−1.4% Reduced
DHRDanaher Corporation0.47%$159.1m716.1K+0.1%
CSCOCisco0.47%$159.0m3.55M−4.1% Reduced
ABBVAbbVie0.45%$150.8m1.41M+2.0% Added
BABAAlibaba Group Holding Ltd0.43%$146.8m630.9K+0.1%
PFEPfizer0.43%$144.2m3.92M−0.5% Reduced
MCDMcDonald's0.41%$138.0m643.3K+3.3% Added
CRMSalesforce0.39%$132.0m593.3K+1.9% Added
ORCLOracle Corporation0.37%$126.2m1.95M+2.0% Added
LLYLilly (Eli)0.37%$126.0m746.0K−4.4% Reduced
KOThe Coca-Cola Company0.37%$125.9m2.31M−1.7% Reduced
AMGNAmgen0.37%$125.9m547.5K−5.9% Reduced
TGTTarget Corporation0.37%$125.0m708.1K−0.2%
QCOMQualcomm0.37%$125.0m820.4K+5.4% Added
UNPUnion Pacific Corporation0.35%$119.1m571.9K+2.0% Added
NVONovo Nordisk A S0.35%$116.8m1.67M+5.6% Added
AVGOBroadcom0.32%$109.4m249.8K+3.7% Added
SBUXStarbucks0.32%$109.3m1.02M+3.6% Added
ASMLAsml Holding NV0.32%$107.3m220.0K+5.7% Added
BMYBristol Myers Squibb0.31%$103.3m1.66M−1.7% Reduced
INTUIntuit0.29%$99.1m260.8K+2.6% Added
LOWLowe's0.27%$92.1m574.1K+3.8% Added
TMToyota Motor Corp/0.27%$90.5m585.5K−3.8% Reduced
MDTMedtronic0.26%$88.7m757.5K+2.8% Added
TAT&T0.26%$88.5m3.08M−22.4% Reduced
TJXTJX Companies0.26%$86.2m1.26M+1.5% Added
ELVElevance Health0.25%$84.8m264.2K+2.7% Added
CLColgate-Palmolive0.25%$84.5m988.1K+11.2% Added
CHTRCharter Communications0.24%$82.9m125.3K+0.2%
BLKBlackRock0.24%$82.7m114.6K+1.4% Added
SPGIS&P Global0.24%$82.2m250.1K−4.9% Reduced
MSMorgan Stanley0.24%$82.0m1.20M+21.0% Added
ADPAutomatic Data Processing0.24%$80.7m457.7K+3.2% Added
CHTChunghwa Telecom Co LTD0.24%$79.8m2.07M−1.1% Reduced
MDLZMondelez International0.22%$75.8m1.30M+16.2% Added
AMTAmerican Tower0.22%$74.5m332.0K−4.7% Reduced
CVSCVS Health0.22%$74.0m1.08M+4.5% Added
AWKAmerican Water Works0.21%$71.5m466.2K+1.2% Added
NOWServiceNow0.21%$71.1m129.2K−0.8% Reduced
PLDPrologis0.20%$68.9m691.6K+0.9% Added
MMM3M0.20%$68.0m389.1K+2.9% Added
AZNAstrazeneca PLC0.20%$67.9m1.36M−5.0% Reduced
ZTSZoetis0.20%$67.9m410.3K+12.8% Added
DGDollar General0.20%$67.4m320.6K+2.4% Added
ALLAllstate0.20%$66.9m608.8K+9.9% Added
AMDAdvanced Micro Devices0.20%$66.4m724.3K+1.9% Added
UPSUnited Parcel Service0.20%$66.4m394.4K+6.7% Added
ITWIllinois Tool Works0.20%$66.2m324.6K+4.4% Added
ISRGIntuitive Surgical0.20%$66.1m80.8K+12.9% Added
NEMNewmont0.19%$65.4m1.09M−5.6% Reduced
AXPAmerican Express0.19%$65.3m540.4K+2.8% Added
BHPBHP Group Ltd0.19%$64.3m983.4K+0.5% Added
UMCUnited Microelectronics Corp0.19%$63.8m7.56M−6.8% Reduced
CCitigroup0.19%$63.5m1.03M−9.5% Reduced
CMICummins0.18%$61.9m272.5K−0.8% Reduced
CATCaterpillar Inc.0.18%$61.9m339.9K−0.7% Reduced
LMTLockheed Martin0.18%$61.3m172.6K−9.8% Reduced
MUMicron Technology0.18%$61.0m810.7K+1.3% Added
BDXBecton Dickinson0.18%$60.8m242.9K+2.6% Added
BABoeing0.18%$60.6m283.0K−1.4% Reduced
GSGoldman Sachs0.18%$60.5m229.3K+6.8% Added
ADSKAutodesk, Inc.0.18%$60.3m197.6K+2.3% Added
AMATApplied Materials0.18%$60.1m696.7K+5.6% Added
CDNSCadence Design Systems Inc0.17%$58.9m432.0K−2.3% Reduced
ECLEcolab0.17%$58.6m271.0K+1.5% Added
CVXChevron Corporation0.17%$58.3m690.7K+2.6% Added
TMUST-Mobile US0.17%$57.9m429.4K+14.1% Added
RYRoyal Bank Of Canada0.17%$56.7m691.3K+10.2% Added
HUMHumana0.17%$56.0m136.6K−2.1% Reduced
DEDeere & Company0.16%$55.3m205.5K+5.1% Added
RTXRTX Corporation0.16%$54.5m762.7K−2.4% Reduced
PGRProgressive Corporation0.16%$54.5m551.2K+0.9% Added
LRCXLam Research0.16%$54.1m114.6K−0.7% Reduced
PNCPNC Financial Services0.16%$53.8m361.1K+3.8% Added
SYKStryker Corporation0.16%$53.7m219.1K+0.9% Added
WMWaste Management0.16%$53.6m454.2K+3.3% Added
APDAir Products0.16%$53.5m195.8K−3.5% Reduced
CSXCSX Corporation0.16%$53.3m587.8K+4.6% Added
METMetLife0.16%$52.9m1.13M−2.9% Reduced
PMPhilip Morris International0.16%$52.8m637.9K−6.2% Reduced
CLXClorox0.16%$52.6m260.3K+7.5% Added
FISFidelity National Information Services0.15%$52.3m370.0K−0.3%
SHWSherwin-Williams0.15%$51.9m70.6K+1.3% Added
ETNEaton Corporation0.15%$51.6m429.8K+0.2%
SAPSAP SE0.15%$51.2m393.0K−16.8% Reduced
CICigna0.15%$50.9m244.5K+4.6% Added
IBMIBM0.15%$50.6m402.0K−15.9% Reduced
ELThe Estée Lauder Companies0.15%$50.1m188.4K−1.0% Reduced
BKNGBooking Holdings0.15%$49.7m22.3K+0.2%
KMBKimberly-Clark0.14%$48.6m360.6K−18.6% Reduced
PRUPrudential Financial0.14%$48.0m614.3K−0.5% Reduced
TRVThe Travelers Companies0.14%$47.6m339.2K+2.3% Added
ICEIntercontinental Exchange0.14%$46.0m399.4K+2.8% Added
EQIXEquinix0.14%$45.6m63.8K+1.4% Added
HRLHormel Foods0.13%$45.4m974.4K−11.4% Reduced
SNPSSynopsys Inc0.13%$44.8m173.0K+0.5% Added
EWEdwards Lifesciences0.13%$44.6m488.6K−0.5% Reduced
MRSHMarsh McLennan0.13%$44.3m378.8K+1.2% Added
ROPRoper Technologies0.13%$44.1m102.2K+1.4% Added
GISGeneral Mills0.13%$44.0m747.9K−5.4% Reduced
NSCNorfolk Southern0.13%$43.8m184.5K+6.2% Added
BAXBaxter International0.13%$43.8m545.8K−6.8% Reduced
CMECME Group0.13%$43.4m238.2K+5.3% Added
SCHWCharles Schwab Corporation0.13%$43.1m812.3K+35.6% Added
AAgilent Technologies0.13%$42.8m361.1K+3.9% Added
NICENice Ltd.0.13%$42.7m150.5K+3.1% Added
FISVFiserv0.13%$42.5m372.9K+5.1% Added
TDToronto Dominion Bank0.13%$42.2m747.7K+4.5% Added
VRTXVertex Pharmaceuticals0.12%$41.5m175.6K−6.0% Reduced
EBAYeBay Inc.0.12%$41.2m820.5K−3.3% Reduced
GILDGilead Sciences0.12%$41.0m702.9K−17.6% Reduced
KRKroger0.12%$40.9m1.29M−17.5% Reduced
MCOMoody's Corporation0.12%$40.7m140.2K−0.7% Reduced
FDXFedEx0.12%$40.0m154.1K+6.6% Added
CBChubb Limited0.12%$39.4m256.1K+3.2% Added
DOXAmdocs LTD0.12%$39.3m554.0K+9.8% Added
ADIAnalog Devices0.12%$39.3m265.9K+3.5% Added
AONAon plc0.11%$38.6m182.7K−0.5%
CompanyBought (value)Shares
NEENextEra Energy$146.1m1.89M
TSLATesla, Inc.$58.0m82.2K
NTESNetease, Inc.$19.8m207.1K
DISThe Walt Disney Company$18.3m100.9K
MSFTMicrosoft Corporation$17.5m78.8K
VTRSViatris$17.1m914.9K
MKCMcCormick & Company$14.7m154.0K
MSMorgan Stanley$14.2m207.5K
GOOGLAlphabet Inc. (Class A)$11.4m6.5K
SCHWCharles Schwab Corporation$11.3m213.4K
MDLZMondelez International$10.6m181.2K
JPMJPMorgan Chase$9.9m78.1K
CLColgate-Palmolive$8.5m99.5K
ZTSZoetis$7.7m46.4K
ISRGIntuitive Surgical$7.5m9.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
TAT&T−$25.6m−890.2K
JNJJohnson & Johnson−$21.3m−135.4K
AMZNAmazon−$16.0m−4.9K
BIIBBiogen−$11.7m−47.7K
KMBKimberly-Clark−$11.1m−82.6K
INTCIntel−$10.8m−217.5K
SAPSAP SE−$10.3m−79.3K
IBMIBM−$9.5m−75.7K
GILDGilead Sciences−$8.7m−149.6K
KRKroger−$8.7m−272.5K
AMGNAmgen−$7.9m−34.2K
DDominion Energy−$7.3m−96.6K
CSCOCisco−$6.7m−150.6K
CCitigroup−$6.7m−108.0K
LMTLockheed Martin−$6.6m−18.7K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
HCMHutchmed (china) Ltd$835,00025.9K
HRTGHeritage Insurance Holdings, Inc.$432,00042.6K
PAHCPhibro Animal Health Corp$349,00020.1K
GCOGenesco Inc$235,00010.9K
COLLCollegium Pharmaceutical, Inc$219,00010.5K
GOSSGossamer Bio, Inc.$205,00016.5K
ATEXAnterix Inc.$204,0006.2K
TGTredegar Corp$183,00012.3K
FENGPhoenix New Media Ltd$161,000131.0K
LXLexinfintech Holdings Ltd.$146,00021.3K
WVEWave Life Sciences, Inc.$115,00013.5K
BTUPeabody Energy Corp$74,00032.0K
MERCMercer International Inc.$72,00010.9K
DBVTDBV Technologies S.a.$64,00037.3K
EZPWEzcorp Inc$57,00011.4K
NAKNorthern Dynasty Minerals LTD$12,00012.1K
  • Technology26.3%
  • Financials13.5%
  • Health Care13.3%
  • Consumer Discretionary12.6%
  • Communication Services8.7%
  • Industrials8.2%
  • Consumer Staples7.9%
  • Materials2.8%
  • Utilities2.8%
  • Real Estate2.6%
  • Energy1.3%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestNovember 2, 2012 to May 21, 2021+15.0%+15.6%0.930.96−31.8%0.98
2018 onwardsJanuary 5, 2018 to May 21, 2021+15.3%+15.2%0.720.71−31.8%0.99
Last three yearsMay 25, 2018 to May 21, 2021+17.4%+17.3%0.800.79−31.8%0.99
Last yearMay 22, 2020 to May 21, 2021+43.6%+42.9%2.202.15−6.2%0.98

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.