Advisors Capital Management, LLC
Long book
$8.58B
Q1 2026
Positions
566
Top-10 weight
20%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsAdvisors Capital Management, LLC is an institutional manager, running a $8.58B US long book across 566 positions.
The portfolio is broadly diversified across 566 positions (top 10 only 20%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, BROADCOM INC, MICROSOFT CORP, NVIDIA CORP, CITIGROUP INC.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.7%
Q2 2024
+8.0%
Q3 2024
+2.0%
Q4 2024
-1.9%
Q1 2025
+7.8%
Q2 2025
+7.3%
Q3 2025
+2.2%
Q4 2025
-0.9%
Q1 2026
+10.7%
Sector allocation
Technology 29%
Financials 13%
Consumer discretionary 11%
Healthcare 10%
Utilities 8%
Industrials 7%
Other 6%
Consumer staples 5%
Long book by quarter
What does Advisors Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 1.0M | $257.7M | 3.0% | +1.4% |
| AVGO BROADCOM INC | Technology | 760.3K | $235.3M | 2.7% | -2.6% |
| MSFT MICROSOFT CORP | Technology | 630.1K | $233.2M | 2.7% | +3.3% |
| NVDA NVIDIA CORP | Technology | 1.2M | $212.2M | 2.5% | +2.2% |
| C CITIGROUP INC | Financials | 1.2M | $131.4M | 1.5% | -3.6% |
| ABBV ABBVIE INC | Healthcare | 601.6K | $130.8M | 1.5% | -5.1% |
| CVX CHEVRON CORP | Energy | 628.1K | $129.9M | 1.5% | +3.5% |
| JPM JPMORGAN CHASE & CO | Financials | 438.5K | $129.0M | 1.5% | +1.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 521.5K | $127.5M | 1.5% | -0.7% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 765.4K | $126.5M | 1.5% | +4.8% |
| GOOG ALPHABET INC-CL C | Technology | 436.3K | $125.2M | 1.5% | -7.6% |
| CSCO CISCO SYSTEMS INC | Technology | 1.6M | $124.9M | 1.5% | +2.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 511.3K | $123.9M | 1.4% | +42.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 553.1K | $115.2M | 1.3% | +3.2% |
| GOOGL ALPHABET INC-CL A | Technology | 354.8K | $102.0M | 1.2% | -12.9% |
| KMI KINDER MORGAN INC | Utilities | 3.0M | $101.3M | 1.2% | +2.2% |
| TJX TJX COMPANIES INC | Consumer discretionary | 581.4K | $92.8M | 1.1% | +3.4% |
| BX BLACKSTONE INC | Financials | 711.3K | $81.8M | 1.0% | -15.1% |
| BA 6 10/15/27 BOEING CO/THE | — | 1.2M | $81.0M | 0.9% | +4.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 351.5K | $79.4M | 0.9% | +8.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 1.6M | $79.3M | 0.9% | +20.6% |
| DUK DUKE ENERGY CORP | Utilities | 602.3K | $78.9M | 0.9% | +5.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 164.1K | $78.7M | 0.9% | -8.3% |
| RTX RTX CORP | Industrials | 394.6K | $76.1M | 0.9% | -3.2% |
| TT TRANE TECHNOLOGIES PLC | Technology | 182.6K | $76.1M | 0.9% | +3.5% |
| OKE ONEOK INC | Utilities | 823.4K | $74.4M | 0.9% | +5.3% |
| PFE PFIZER INC | Healthcare | 2.6M | $73.8M | 0.9% | +4.7% |
| BEPC BROOKFIELD RENEWABLE CORP | Utilities | 1.8M | $71.1M | 0.8% | +1.1% |
| ARCC ARES CAPITAL CORP | — | 3.9M | $70.9M | 0.8% | +10.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 221.6K | $68.9M | 0.8% | +5.2% |
| TXN TEXAS INSTRUMENTS INC | Technology | 336.6K | $65.4M | 0.8% | +3.5% |
| KO COCA-COLA CO/THE | Consumer staples | 846.5K | $64.4M | 0.8% | +4.7% |
| DGX QUEST DIAGNOSTICS INC | Healthcare | 327.3K | $64.1M | 0.7% | +4.3% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 1.0M | $61.3M | 0.7% | +8.0% |
| PANW PALO ALTO NETWORKS INC | Technology | 370.1K | $59.3M | 0.7% | +3.6% |
| QCOM QUALCOMM INC | Technology | 460.6K | $59.3M | 0.7% | +2.7% |
| WMB WILLIAMS COS INC | Utilities | 799.4K | $58.2M | 0.7% | -1.5% |
| PEP PEPSICO INC | Consumer staples | 339.2K | $52.7M | 0.6% | +41.5% |
| LMT LOCKHEED MARTIN CORP | Industrials | 85.6K | $51.8M | 0.6% | +0.2% |
| CAT CATERPILLAR INC | Industrials | 72.6K | $51.5M | 0.6% | -5.5% |
| HD HOME DEPOT INC | Consumer discretionary | 150.5K | $49.5M | 0.6% | +3.8% |
| WFC WELLS FARGO & CO | Financials | 606.8K | $48.3M | 0.6% | -0.9% |
| DOW DOW INC | Materials | 1.1M | $47.8M | 0.6% | +10.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 46.9K | $46.7M | 0.5% | +2.7% |
| WSM WILLIAMS-SONOMA INC | Consumer discretionary | 254.5K | $46.4M | 0.5% | +2.4% |
| MA MASTERCARD INC - A | Services media | 89.1K | $44.5M | 0.5% | +3.3% |
| MTB M & T BANK CORP | Financials | 211.9K | $43.8M | 0.5% | +2.4% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 110.7K | $43.4M | 0.5% | -38.9% |
| META META PLATFORMS INC-CLASS A | Technology | 75.5K | $43.2M | 0.5% | +21.5% |
| ORCL ORACLE CORP | Technology | 284.8K | $41.9M | 0.5% | +1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 566 | $8.58B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 567 | $8.50B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 536 | $8.08B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 516 | $7.30B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 27, 2025 | 506 | $6.46B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 506 | $6.36B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 493 | $6.15B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 480 | $5.73B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 467 | $5.47B | $K fixed canonical | SEC ↗ |
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