Advisors Asset Management, Inc.

Diversified mechanical Mechanical CIK 1297376
League rank
#185
in Diversified mechanical · #4000 overall
Long book
$6.01B
Q1 2026
Positions
1451
Top-10 weight
16%
concentration
Last quarter
+11.3%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Advisors Asset Management, Inc. is a mechanically diversified allocator, running a $6.01B US long book across 1451 positions.

The portfolio is broadly diversified across 1451 positions (top 10 only 16%). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL A, AMAZON.COM INC, APPLE INC, MICROSOFT CORP, WALMART INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.9%
Q2 2024
+8.0%
Q3 2024
+0.1%
Q4 2024
-1.5%
Q1 2025
+7.2%
Q2 2025
+6.1%
Q3 2025
+1.5%
Q4 2025
+1.2%
Q1 2026
+11.3%

Sector allocation

Technology
24%
Industrials
18%
Consumer discretionary
11%
Healthcare
8%
Utilities
6%
Services media
6%
Financials
6%
Other
5%

Long book by quarter

$5.20B
Q1 2024
$5.13B
Q2 2024
$5.44B
Q3 2024
$5.43B
Q4 2024
$5.32B
Q1 2025
$5.59B
Q2 2025
$5.89B
Q3 2025
$5.96B
Q4 2025
$6.01B
Q1 2026

What does Advisors Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology556.3K$160.0M2.7%-6.9%
AMZN AMAZON.COM INCConsumer discretionary746.3K$155.4M2.6%-3.4%
AAPL APPLE INCTechnology525.4K$133.3M2.2%-4.1%
MSFT MICROSOFT CORPTechnology274.7K$101.7M1.7%-2.4%
WMT WALMART INCConsumer discretionary749.7K$93.2M1.5%-7.1%
META META PLATFORMS INC-CLASS ATechnology151.8K$86.9M1.4%-1.7%
VZ VERIZON COMMUNICATIONS INCCommunications1.2M$60.2M1.0%-2.9%
V VISA INC-CLASS A SHARESServices media192.2K$58.1M1.0%-1.8%
MA MASTERCARD INC - AServices media113.0K$56.5M0.9%-2.7%
AVGO BROADCOM INCTechnology136.7K$42.3M0.7%-8.1%
MRK MERCK & CO. INC.Healthcare349.5K$42.0M0.7%+2.0%
JNJ JOHNSON & JOHNSONHealthcare166.8K$40.8M0.7%-7.3%
SHOP SHOPIFY INC - CLASS ATechnology339.6K$40.3M0.7%-1.9%
CVX CHEVRON CORPEnergy192.3K$39.8M0.7%-0.4%
IBM INTL BUSINESS MACHINES CORPTechnology158.4K$38.4M0.6%-3.4%
COST COSTCO WHOLESALE CORPConsumer discretionary37.3K$37.2M0.6%+2.7%
GLW CORNING INCIndustrials270.2K$36.7M0.6%-12.3%
AMGN AMGEN INCHealthcare103.8K$36.5M0.6%-2.9%
T AT&T INCCommunications1.3M$36.3M0.6%-6.0%
CSCO CISCO SYSTEMS INCTechnology460.7K$35.7M0.6%-11.1%
UPS UNITED PARCEL SERVICE-CL BIndustrials346.6K$34.1M0.6%+7.2%
TXN TEXAS INSTRUMENTS INCTechnology170.7K$33.1M0.6%+6.2%
TMUS T-MOBILE US INCCommunications148.3K$31.1M0.5%+0.6%
AXP AMERICAN EXPRESS COFinancials102.2K$30.9M0.5%-3.5%
KO COCA-COLA CO/THEConsumer staples380.2K$28.9M0.5%-0.5%
NVDA NVIDIA CORPTechnology166.1K$28.7M0.5%+4.7%
HD HOME DEPOT INCConsumer discretionary86.4K$28.4M0.5%+7.9%
GEV GE VERNOVA INCIndustrials30.9K$27.0M0.4%-7.7%
LMT LOCKHEED MARTIN CORPIndustrials43.0K$26.0M0.4%-6.0%
PFE PFIZER INCHealthcare881.3K$24.7M0.4%-4.0%
PWR QUANTA SERVICES INCIndustrials44.8K$24.6M0.4%-4.8%
GS GOLDMAN SACHS GROUP INCFinancials29.0K$24.5M0.4%-0.6%
PG PROCTER & GAMBLE CO/THEOther168.4K$24.3M0.4%+3.3%
FDX FEDEX CORPIndustrials67.9K$24.2M0.4%-1.9%
PH PARKER HANNIFIN CORPIndustrials27.0K$24.2M0.4%+5.1%
CMI CUMMINS INCIndustrials44.2K$23.8M0.4%-0.2%
CMCSA COMCAST CORP-CLASS ACommunications814.1K$23.4M0.4%+14.4%
CLS CELESTICA INCTechnology82.9K$23.3M0.4%-5.8%
NEE NEXTERA ENERGY INCUtilities242.9K$22.6M0.4%+2.8%
JPM JPMORGAN CHASE & COFinancials76.5K$22.5M0.4%+0.8%
APH AMPHENOL CORP-CL ATechnology177.4K$22.4M0.4%-4.3%
MU MICRON TECHNOLOGY INCTechnology64.5K$21.8M0.4%+8.1%
GILD GILEAD SCIENCES INCHealthcare155.3K$21.6M0.4%-4.5%
LLY ELI LILLY & COHealthcare22.4K$20.6M0.3%-1.6%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology139.9K$20.5M0.3%+6.5%
RTX RTX CORPIndustrials102.2K$19.7M0.3%+1.4%
ABBV ABBVIE INCHealthcare87.2K$19.0M0.3%+8.6%
EME EMCOR GROUP INCIndustrials25.0K$18.5M0.3%+1.1%
PANW PALO ALTO NETWORKS INCTechnology114.7K$18.4M0.3%+16.0%
LRCX LAM RESEARCH CORPIndustrials85.4K$18.2M0.3%-9.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261453$6.01B canonicalSEC ↗
Q4 202513F-HRFeb 12, 20261440$5.96B canonicalSEC ↗
Q3 202513F-HRNov 6, 20251453$5.89B canonicalSEC ↗
Q2 202513F-HRAug 12, 20251472$5.59B canonicalSEC ↗
Q1 202513F-HRMay 15, 20251494$5.32B canonicalSEC ↗
Q4 202413F-HRFeb 10, 20251472$5.43B canonicalSEC ↗
Q3 202413F-HRNov 8, 20241460$5.44B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241436$5.13B canonicalSEC ↗
Q1 202413F-HRMay 14, 20241395$5.20B canonicalSEC ↗