ABSHER WEALTH MANAGEMENT, LLC

Fundamental diversified ★Signal CIK 1802534
League rank
#803
in Fundamental diversified · #6656 overall
Long book
$852.9M
Q1 2026
Positions
70
Top-10 weight
45%
concentration
Last quarter
+7.2%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

ABSHER WEALTH MANAGEMENT, LLC is a diversified fundamental manager, running a $852.9M US long book across 70 positions.

The portfolio is moderately concentrated (top 10 ≈ 45% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: M & T BANK CORP, EMERSON ELECTRIC CO, AUTOMATIC DATA PROCESSING, PEPSICO INC, VISA INC-CLASS A SHARES.

Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.4%
Q2 2024
+8.1%
Q3 2024
+1.6%
Q4 2024
+0.7%
Q1 2025
+5.1%
Q2 2025
+5.7%
Q3 2025
+2.4%
Q4 2025
+1.5%
Q1 2026
+7.2%

Sector allocation

Technology
21%
Industrials
20%
Consumer discretionary
16%
Healthcare
12%
Financials
12%
Other
7%
Services media
5%
Consumer staples
5%

Long book by quarter

$721.0M
Q1 2024
$712.2M
Q2 2024
$775.3M
Q3 2024
$764.2M
Q4 2024
$762.6M
Q1 2025
$806.9M
Q2 2025
$836.9M
Q3 2025
$843.0M
Q4 2025
$852.9M
Q1 2026

What does ABSHER WEALTH own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MTB M & T BANK CORPFinancials220.0K$45.5M5.3%-12.0%
EMR EMERSON ELECTRIC COIndustrials326.3K$42.8M5.0%+30.8%
ADP AUTOMATIC DATA PROCESSINGTechnology207.2K$42.1M4.9%New
PEP PEPSICO INCConsumer staples256.0K$39.8M4.7%+0.9%
V VISA INC-CLASS A SHARESServices media126.6K$38.3M4.5%+40.9%
ADI ANALOG DEVICES INCTechnology116.9K$37.2M4.4%-10.1%
MSFT MICROSOFT CORPTechnology98.6K$36.5M4.3%+29.7%
JNJ JOHNSON & JOHNSONHealthcare146.3K$35.8M4.2%-8.9%
LECO LINCOLN ELECTRIC HOLDINGSIndustrials141.7K$35.3M4.1%-9.2%
ABT ABBOTT LABORATORIESHealthcare333.1K$34.2M4.0%+68.9%
DE DEERE & COIndustrials56.8K$32.0M3.7%-7.2%
FAST FASTENAL COConsumer discretionary672.9K$31.2M3.7%-0.4%
JPM JPMORGAN CHASE & COFinancials103.2K$30.4M3.6%-3.6%
WMT WALMART INCConsumer discretionary235.3K$29.2M3.4%-12.0%
SNA SNAP-ON INCIndustrials78.8K$28.6M3.4%-16.2%
GOOGL ALPHABET INC-CL ATechnology94.0K$27.0M3.2%-15.6%
NKE NIKE INC -CL BOther500.6K$26.4M3.1%+1.3%
RL RALPH LAUREN CORPOther76.8K$26.4M3.1%-4.7%
AMGN AMGEN INCHealthcare74.9K$26.4M3.1%-4.4%
COST COSTCO WHOLESALE CORPConsumer discretionary26.0K$25.9M3.0%-2.8%
BA BOEING CO/THEIndustrials124.2K$24.7M2.9%+2.3%
CVX CHEVRON CORPEnergy118.7K$24.6M2.9%-35.4%
SBUX STARBUCKS CORPConsumer discretionary273.3K$24.5M2.9%-24.1%
AAPL APPLE INCTechnology83.8K$21.3M2.5%-2.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials43.2K$20.7M2.4%-1.5%
MCD MCDONALD'S CORPConsumer discretionary60.0K$18.6M2.2%-0.5%
INTU INTUIT INCTechnology6.8K$2.9M0.3%New
LOW LOWE'S COS INCConsumer discretionary11.7K$2.8M0.3%-14.1%
CMI CUMMINS INCIndustrials4.8K$2.6M0.3%-12.6%
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare27.9K$2.5M0.3%+8.9%
PAYC PAYCOM SOFTWARE INCTechnology19.3K$2.3M0.3%+43.5%
LULU LULULEMON ATHLETICA INCOther14.7K$2.2M0.3%-3.2%
META META PLATFORMS INC-CLASS ATechnology3.6K$2.1M0.2%+22.6%
GOOG ALPHABET INC-CL CTechnology6.6K$1.9M0.2%-1.5%
ACN ACCENTURE PLC-CL AServices media9.4K$1.9M0.2%+65.7%
HSY HERSHEY CO/THEConsumer staples8.9K$1.8M0.2%-29.3%
ADBE ADOBE INCTechnology6.9K$1.7M0.2%-1.6%
MA MASTERCARD INC - AServices media2.9K$1.5M0.2%+68.7%
MRK MERCK & CO. INC.Healthcare11.8K$1.4M0.2%-0.6%
KNSL KINSALE CAPITAL GROUP INCFinancials3.7K$1.3M0.1%New
MCY MERCURY GENERAL CORPFinancials13.2K$1.2M0.1%0.0%
WAT WATERS CORPHealthcare3.8K$1.1M0.1%+51.8%
TPR TAPESTRY INCOther7.4K$1.0M0.1%+0.1%
DIS WALT DISNEY CO/THEServices media10.3K$990K0.1%-3.5%
WMS ADVANCED DRAINAGE SYSTEMS INOther6.7K$921K0.1%-45.1%
AME AMETEK INCTechnology4.2K$901K0.1%-46.5%
TXN TEXAS INSTRUMENTS INCTechnology4.2K$820K0.1%+1.0%
LMT LOCKHEED MARTIN CORPIndustrials1.3K$810K0.1%-1.9%
PM PHILIP MORRIS INTERNATIONALConsumer staples4.5K$741K0.1%-2.6%
DG DOLLAR GENERAL CORPConsumer discretionary5.7K$671K0.1%-40.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 202670$852.9M canonicalSEC ↗
Q4 202513F-HRJan 28, 202673$843.0M canonicalSEC ↗
Q3 202513F-HROct 22, 202590$836.9M canonicalSEC ↗
Q2 202513F-HRJul 23, 202570$806.9M canonicalSEC ↗
Q1 202513F-HRApr 22, 202568$762.6M canonicalSEC ↗
Q4 202413F-HRJan 27, 202569$764.2M canonicalSEC ↗
Q3 202413F-HROct 28, 202466$775.3M canonicalSEC ↗
Q2 202413F-HRAug 2, 202463$712.2M canonicalSEC ↗
Q1 202413F-HRApr 23, 202458$721.0M canonicalSEC ↗