Asset manager

O'Shaughnessy Asset Management, LLC

13F for the quarter to June 30, 2026, filed August 13, 2026 · SEC CIK 1423442

Reported value: $21.5bn
Positions we cover: 1,564
Copy, a year: +13.6%
Copy Sharpe ratio: 0.69

How copying its 13F would have done

CopyS&P 500 $10,000 copying O'Shaughnessy Asset Management, LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). 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 −40.5% (S&P 500 −31.8%); beta 1.05; alpha −0.7% a year (t = −0.40); last 12 months +15.1% against +12.1%.

Reported value by quarter

O'Shaughnessy Asset Management, LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$3.8B
2013-09-30	$4.2B
2013-12-31	$4.8B
2014-03-31	$5B
2014-06-30	$5.3B
2014-09-30	$5.5B
2014-12-31	$5.2B
2015-03-31	$5.1B
2015-06-30	$4.9B
2015-09-30	$4.8B
2015-12-31	$4B
2016-03-31	$4B
2016-06-30	$3.9B
2016-09-30	$4.3B
2016-12-31	$4.2B
2017-03-31	$4.2B
2017-06-30	$4.3B
2017-09-30	$4.3B
2017-12-31	$4.3B
2018-03-31	$4.6B
2018-06-30	$4.7B
2018-09-30	$4.9B
2018-12-31	$4B
2019-03-31	$4.2B
2019-06-30	$4.3B
2019-09-30	$4.2B
2019-12-31	$4.5B
2020-03-31	$2.9B
2020-06-30	$3.2B
2020-09-30	$3.3B
2020-12-31	$3.7B
2021-03-31	$4.5B
2021-06-30	$5B
2021-09-30	$4.9B
2021-12-31	$5.6B
2022-03-31	$6B
2022-06-30	$5.4B
2022-09-30	$5.3B
2022-12-31	$6.1T
2023-03-31	$6.4B
2023-06-30	$6.7B
2023-09-30	$6.7B
2023-12-31	$7.5B
2024-03-31	$9B
2024-06-30	$9.7B
2024-09-30	$11.2B
2024-12-31	$11.8B
2025-03-31	$12.5B
2025-06-30	$14.7B
2025-09-30	$17B
2025-12-31	$18.1B
2026-03-31	$19.9B
2026-06-30	$21.5B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	5.41%	$1.2bn	4.01M	+12.6% Added
NVDANVIDIA Corporation	3.83%	$821.4m	4.11M	−12.8% Reduced
MSFTMicrosoft Corporation	2.05%	$440.5m	1.18M	−10.2% Reduced
GOOGLAlphabet Inc. (Class A)	1.90%	$407.3m	1.14M	−13.4% Reduced
AMZNAmazon	1.79%	$384.3m	1.61M	−7.3% Reduced
AVGOBroadcom	1.47%	$315.4m	835.1K	−14.6% Reduced
MUMicron Technology	1.21%	$260.4m	225.6K	+2.7% Added
JPMJPMorgan Chase	1.02%	$219.3m	670.0K	−8.5% Reduced
LLYLilly (Eli)	0.97%	$207.5m	173.0K	−7.8% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.89%	$190.6m	399.2K	−2.5% Reduced
TSLATesla, Inc.	0.85%	$181.6m	431.7K	−14.0% Reduced
METAMeta Platforms	0.84%	$180.2m	319.9K	−22.1% Reduced
WMTWalmart	0.79%	$169.3m	1.49M	−3.8% Reduced
MOAltria	0.76%	$163.1m	2.27M	+2.2% Added
JNJJohnson & Johnson	0.76%	$162.6m	640.4K	−7.3% Reduced
VVisa Inc.	0.73%	$156.7m	456.8K	−4.4% Reduced
AMDAdvanced Micro Devices	0.67%	$143.2m	246.5K	−7.4% Reduced
CCitigroup	0.67%	$142.8m	1.02M	+5.7% Added
WDCWestern Digital	0.66%	$142.3m	222.7K	+5.1% Added
CSCOCisco	0.62%	$132.8m	1.13M	−0.4%
CATCaterpillar Inc.	0.62%	$132.2m	124.1K	−9.8% Reduced
LRCXLam Research	0.60%	$128.9m	297.4K	−5.1% Reduced
BACBank of America	0.60%	$128.2m	2.25M	+10.7% Added
STXSeagate Technology	0.57%	$122.7m	127.2K	−6.5% Reduced
SYFSynchrony Financial	0.56%	$119.2m	1.57M	+4.4% Added
GMGeneral Motors	0.52%	$110.6m	1.44M	+8.9% Added
KLACKLA Corporation	0.51%	$109.7m	363.6K	+835.9% Added
AMATApplied Materials	0.51%	$108.7m	150.4K	−12.2% Reduced
HCAHCA Healthcare	0.48%	$102.9m	263.8K	−5.0% Reduced
EBAYeBay Inc.	0.48%	$102.5m	917.5K	−16.5% Reduced
TPRTapestry, Inc.	0.47%	$101.5m	693.7K	−19.5% Reduced
COSTCostco	0.46%	$98.9m	105.7K	−14.1% Reduced
DHID. R. Horton	0.43%	$93.3m	572.6K	+27.0% Added
JBLJabil	0.43%	$92.6m	240.2K	−15.5% Reduced
HDThe Home Depot	0.41%	$87.6m	248.5K	−4.1% Reduced
ABBVAbbVie	0.41%	$87.4m	347.2K	−12.9% Reduced
MAMastercard	0.39%	$83.1m	161.8K	−12.5% Reduced
METMetLife	0.38%	$81.0m	957.0K	−5.6% Reduced
VZVerizon	0.38%	$80.7m	1.91M	−0.4%
ASMLAsml Holding NV	0.36%	$77.8m	39.1K	+5.5% Added
WFCWells Fargo	0.36%	$77.7m	940.3K	−25.3% Reduced
CVXChevron Corporation	0.36%	$77.3m	466.4K	−16.8% Reduced
INTCIntel	0.36%	$77.3m	553.5K	+2.2% Added
MTBM&T Bank	0.36%	$76.9m	323.1K	+32.1% Added
GEGE Aerospace	0.35%	$75.6m	202.2K	−6.1% Reduced
GSGoldman Sachs	0.35%	$75.3m	74.4K	−13.3% Reduced
PMPhilip Morris International	0.35%	$74.7m	412.7K	−0.2%
KHCKraft Heinz	0.34%	$72.3m	3.06M	+4.7% Added
GILDGilead Sciences	0.33%	$71.3m	564.6K	−12.5% Reduced
KOThe Coca-Cola Company	0.33%	$70.2m	863.8K	−6.9% Reduced
MSMorgan Stanley	0.32%	$68.9m	329.5K	−4.6% Reduced
GEVGE Vernova	0.32%	$68.6m	58.4K	−11.7% Reduced
HSBCHsbc Holdings PLC	0.32%	$68.1m	716.6K	+13.1% Added
MPCMarathon Petroleum	0.31%	$67.1m	262.6K	−5.2% Reduced
UNHUnitedHealth Group	0.31%	$65.6m	157.9K	+29.1% Added
MRKMerck & Co.	0.30%	$65.5m	509.5K	−14.6% Reduced
CMCSAComcast	0.30%	$64.6m	2.63M	−5.7% Reduced
PGProcter & Gamble	0.30%	$64.0m	436.6K	−2.1% Reduced
NTRSNorthern Trust	0.28%	$59.8m	343.8K	−23.4% Reduced
SNDKSandisk	0.28%	$59.7m	26.2K	+4.8% Added
RTXRTX Corporation	0.27%	$58.9m	310.4K	−20.0% Reduced
EOGEOG Resources	0.27%	$58.0m	447.2K	−2.3% Reduced
KRKroger	0.27%	$57.5m	1.04M	+70.0% Added
TRVThe Travelers Companies	0.27%	$56.8m	172.2K	+4.3% Added
TFCTruist Financial	0.26%	$56.6m	1.14M	−9.0% Reduced
VLOValero Energy	0.26%	$56.0m	215.1K	−16.3% Reduced
STTState Street Corporation	0.26%	$55.1m	324.9K	+1.3% Added
NFLXNetflix	0.25%	$53.2m	745.1K	−21.8% Reduced
UPSUnited Parcel Service	0.25%	$53.0m	492.8K	+38.5% Added
PFEPfizer	0.24%	$51.4m	2.14M	−25.8% Reduced
UNPUnion Pacific Corporation	0.24%	$51.4m	189.0K	−7.6% Reduced
JCIJohnson Controls	0.24%	$51.1m	349.4K	+58.4% Added
PFGPrincipal Financial Group	0.23%	$50.5m	468.6K	+12.4% Added
PHMPulteGroup	0.23%	$50.1m	364.8K	+6.5% Added
AMGNAmgen	0.23%	$49.2m	136.0K	−6.0% Reduced
DLTRDollar Tree	0.23%	$49.1m	405.8K	+55.3% Added
TJXTJX Companies	0.22%	$46.9m	309.5K	−15.8% Reduced
USBU.S. Bancorp	0.22%	$46.9m	776.2K	−2.6% Reduced
ORCLOracle Corporation	0.21%	$46.2m	314.9K	−10.1% Reduced
APHAmphenol	0.21%	$46.1m	261.3K	−8.8% Reduced
BMYBristol Myers Squibb	0.21%	$45.9m	797.0K	+32.8% Added
PANWPalo Alto Networks	0.21%	$44.2m	129.7K	−12.9% Reduced
TXNTexas Instruments	0.21%	$44.2m	148.2K	−3.7% Reduced
DELLDell Technologies	0.21%	$44.1m	102.2K	−4.4% Reduced
EXPEExpedia Group	0.20%	$43.8m	171.1K	−20.2% Reduced
PNCPNC Financial Services	0.20%	$43.0m	174.6K	−7.8% Reduced
CICigna	0.20%	$42.9m	155.6K	−8.6% Reduced
MCKMcKesson	0.20%	$42.7m	56.5K	−4.7% Reduced
IBMIBM	0.20%	$42.4m	150.8K	−8.2% Reduced
TAT&T	0.20%	$41.8m	2.02M	+5.9% Added
LOWLowe's	0.19%	$41.4m	187.7K	−10.7% Reduced
AXPAmerican Express	0.19%	$41.3m	122.2K	−6.2% Reduced
RFRegions Financial Corporation	0.19%	$41.1m	1.36M	+59.3% Added
AIGAmerican International Group	0.19%	$40.2m	539.0K	−5.3% Reduced
VALEVale S.a.	0.18%	$39.7m	2.64M	−0.6% Reduced
COFCapital One	0.18%	$39.6m	197.2K	−7.1% Reduced
TWLOTwilio Inc	0.18%	$39.3m	190.2K	−9.4% Reduced
DVNDevon Energy	0.18%	$39.0m	942.9K	+8.6% Added
LINLinde plc	0.18%	$38.9m	75.0K	−15.3% Reduced
AFLAflac	0.18%	$38.7m	330.1K	−3.4% Reduced
HIGThe Hartford	0.18%	$38.6m	291.5K	−5.8% Reduced
PLTRPalantir Technologies Inc.	0.18%	$38.4m	328.7K	−21.4% Reduced
NEENextEra Energy	0.17%	$37.6m	428.2K	−14.7% Reduced
PHParker Hannifin	0.17%	$37.3m	38.2K	−20.7% Reduced
BKNGBooking Holdings	0.17%	$37.1m	208.4K	+2547.5% Added
CARRCarrier Global	0.17%	$36.9m	502.4K	+34.6% Added
ANETArista Networks	0.17%	$36.1m	212.3K	−9.1% Reduced
COPConocoPhillips	0.17%	$36.0m	346.6K	+12.0% Added
ADIAnalog Devices	0.17%	$35.9m	90.4K	−12.7% Reduced
GDGeneral Dynamics	0.17%	$35.4m	100.1K	−6.0% Reduced
CMICummins	0.16%	$35.3m	49.4K	−1.3% Reduced
ETNEaton Corporation	0.16%	$35.1m	82.3K	−16.0% Reduced
MCDMcDonald's	0.16%	$34.6m	128.0K	−15.9% Reduced
NEMNewmont	0.16%	$34.4m	368.7K	+0.7% Added
DEDeere & Company	0.16%	$34.2m	54.0K	−5.0% Reduced
PEPPepsiCo	0.16%	$34.2m	252.3K	−25.5% Reduced
RSReliance, Inc.	0.16%	$33.9m	90.8K	−10.7% Reduced
MRVLMarvell Technology	0.16%	$33.9m	113.6K	+15.1% Added
CRWDCrowdStrike	0.16%	$33.8m	44.3K	−15.5% Reduced
BNYBNY Mellon	0.16%	$33.6m	232.1K	−42.4% Reduced
CLSCelestica Inc	0.16%	$33.4m	91.7K	−2.9% Reduced
GLWCorning Inc.	0.15%	$32.7m	128.0K	−5.7% Reduced
PSXPhillips 66	0.15%	$32.4m	191.8K	−6.3% Reduced
APPApplovin Corp	0.15%	$32.2m	62.4K	−6.2% Reduced
ADPAutomatic Data Processing	0.15%	$31.6m	141.0K	+32.0% Added
PLDPrologis	0.15%	$31.3m	231.3K	−3.7% Reduced
RYRoyal Bank Of Canada	0.14%	$31.0m	150.0K	+10.0% Added
ALLAllstate	0.14%	$31.0m	130.4K	+27.1% Added
CTVACorteva, Inc.	0.14%	$30.9m	365.0K	−21.1% Reduced
QCOMQualcomm	0.14%	$30.5m	165.1K	−1.0% Reduced
CBChubb Limited	0.14%	$30.2m	88.7K	−12.6% Reduced
BTIBritish American Tobacco P.l.c.	0.14%	$29.9m	484.1K	−2.0% Reduced
BIIBBiogen	0.14%	$29.9m	138.3K	−2.2% Reduced
FLEXFlex Ltd.	0.14%	$29.3m	181.1K	−0.7% Reduced
CLColgate-Palmolive	0.14%	$29.1m	317.5K	+8.3% Added
NVRNVR, Inc.	0.14%	$29.0m	4.3K	+21.6% Added
CAHCardinal Health	0.14%	$29.0m	122.0K	−8.7% Reduced
ASXASE Technology Holding Co., Ltd.	0.14%	$28.9m	641.4K	+42.8% Added
MARMarriott International	0.13%	$28.8m	77.7K	+13.3% Added
BLKBlackRock	0.13%	$28.8m	29.9K	−13.4% Reduced
HPQHP Inc.	0.13%	$28.2m	1.29M	+5.2% Added
PWRQuanta Services	0.13%	$27.9m	38.7K	−16.5% Reduced
LMTLockheed Martin	0.13%	$27.5m	53.9K	−3.4% Reduced
ISRGIntuitive Surgical	0.13%	$27.4m	68.9K	−18.4% Reduced
TMOThermo Fisher Scientific	0.13%	$27.1m	54.1K	−24.1% Reduced
CIENCiena	0.13%	$27.1m	55.2K	+45.7% Added
SPGIS&P Global	0.12%	$26.5m	65.1K	−7.3% Reduced
WELLWelltower	0.12%	$26.4m	116.1K	+0.2%
CVSCVS Health	0.12%	$26.3m	253.9K	−4.8% Reduced
URIUnited Rentals	0.12%	$25.8m	22.8K	−4.6% Reduced

Company	Bought (value)	Shares
AAPLApple Inc.	$130.3m	450.3K
KLACKLA Corporation	$98.0m	324.7K
BKNGBooking Holdings	$35.7m	200.5K
KRKroger	$23.7m	426.6K
DHID. R. Horton	$19.8m	121.6K
JCIJohnson Controls	$18.8m	128.8K
MTBM&T Bank	$18.7m	78.5K
DLTRDollar Tree	$17.5m	144.6K
TROWT. Rowe Price	$16.2m	142.3K
RFRegions Financial Corporation	$15.3m	505.8K
UNHUnitedHealth Group	$14.8m	35.6K
UPSUnited Parcel Service	$14.7m	136.9K
BACBank of America	$12.4m	216.8K
HONHoneywell Technologies	$12.1m	54.1K
HONAHoneywell Aerospace	$11.9m	54.0K

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

Company	Sold (value)	Shares
NVDANVIDIA Corporation	−$120.5m	−602.2K
GOOGLAlphabet Inc. (Class A)	−$62.8m	−175.7K
AVGOBroadcom	−$54.1m	−143.1K
METAMeta Platforms	−$51.0m	−90.6K
MSFTMicrosoft Corporation	−$50.1m	−134.3K
MDTMedtronic	−$35.8m	−457.8K
AMZNAmazon	−$30.2m	−126.6K
TSLATesla, Inc.	−$29.7m	−70.5K
WFCWells Fargo	−$26.3m	−318.1K
BNYBNY Mellon	−$24.7m	−171.0K
TPRTapestry, Inc.	−$24.6m	−168.3K
NUENucor	−$22.7m	−101.9K
JPMJPMorgan Chase	−$20.3m	−61.9K
EBAYeBay Inc.	−$20.3m	−181.2K
NTRSNorthern Trust	−$18.3m	−105.2K

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

Company	Value last quarter	Shares
CFFNCapitol Federal Financial, Inc.	$3.1m	435.1K
HDSNHudson Technologies Inc	$1.0m	170.8K
DOXAmdocs LTD	$997,956	15.3K
HAFCHanmi Financial Corp	$833,820	31.6K
NEGGNewegg Commerce, Inc.	$771,588	18.7K
HURNHuron Consulting Group Inc.	$621,386	4.9K
SIGASiga Technologies Inc	$573,188	107.1K
ZSZscaler, Inc.	$556,250	4.0K
CPNGCoupang, Inc.	$548,747	29.1K
LPXLouisiana-pacific Corp	$531,512	7.3K
RITMRithm Capital Corp.	$516,015	54.4K
COOThe Cooper Companies	$509,509	7.1K
REXRRexford Industrial Realty, Inc.	$498,674	15.2K
PBProsperity Bancshares Inc	$481,009	7.2K
EVIEVI Industries, Inc.	$468,380	22.8K
BTUPeabody Energy Corp	$442,584	13.4K
ETDEthan Allen Interiors Inc	$433,024	19.5K
MKTXMarketaxess Holdings Inc	$424,659	2.6K
AVAAvista Corp	$411,877	10.3K
PLNTPlanet Fitness, Inc.	$395,107	5.3K
CBSHCommerce Bancshares Inc	$392,813	8.0K
CRAICRA International, Inc.	$374,428	2.3K
MSAMSA Safety Inc	$353,804	2.2K
CNXCConcentrix Corp	$351,986	12.9K
NWENorthwestern Energy Group, Inc.	$347,306	5.3K
PRIMPrimoris Services Corp	$346,157	2.4K
GPNGlobal Payments	$342,355	5.1K
ATHMAutohome Inc.	$337,655	19.4K
HUNHuntsman Corp	$333,482	25.1K
GDSGDS Holdings Ltd	$328,041	8.1K

Technology31.9%
Financials16.3%
Industrials10.6%
Consumer Discretionary10.4%
Health Care8.8%
Consumer Staples6.3%
Communication Services5.8%
Energy3.9%
Materials2.9%
Real Estate1.6%
Utilities1.4%

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

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+13.6%	+14.1%	0.69	0.78	−40.5%	1.05
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.3%	+13.9%	0.54	0.66	−40.5%	1.04
Last three yearsNovember 3, 2023 to November 2, 2026	+21.0%	+21.8%	1.20	1.16	−15.7%	0.88
Last yearNovember 7, 2025 to November 2, 2026	+16.4%	+14.2%	1.17	0.84	−7.0%	0.78

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.