Alan B Lancz & Associates, Inc.

Fundamental diversified ★Signal CIK 1897835
League rank
#483
in Fundamental diversified · #2982 overall
Long book
$103.0M
Q1 2026
Positions
129
Top-10 weight
39%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

Alan B Lancz & Associates, Inc. is a diversified fundamental manager, running a $103.0M US long book across 129 positions.

The portfolio is moderately concentrated (top 10 ≈ 39% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, ALPHABET INC-CL A, COSTCO WHOLESALE CORP, ALPHABET INC-CL C, MICROSOFT CORP.

Over the last 8 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 of 8 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
Q2 2024
+5.3%
Q3 2024
-0.6%
Q4 2024
-2.9%
Q1 2025
+6.2%
Q2 2025
+9.7%
Q3 2025
+4.2%
Q4 2025
-0.6%
Q1 2026
+12.5%

Sector allocation

Technology
35%
Healthcare
13%
Industrials
10%
Financials
10%
Consumer discretionary
9%
Utilities
6%
Materials
5%
Energy
4%

Long book by quarter

$101.1M
Q2 2024
$109.0M
Q3 2024
$98.4M
Q4 2024
$93.8M
Q1 2025
$99.9M
Q2 2025
$110.7M
Q3 2025
$113.8M
Q4 2025
$103.0M
Q1 2026

What does Alan B own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology35.7K$9.1M8.8%-9.4%
GOOGL ALPHABET INC-CL ATechnology21.3K$6.1M6.0%-10.6%
COST COSTCO WHOLESALE CORPConsumer discretionary4.6K$4.6M4.5%-6.4%
GOOG ALPHABET INC-CL CTechnology15.8K$4.5M4.4%-14.6%
MSFT MICROSOFT CORPTechnology10.4K$3.8M3.7%-5.7%
AMGN AMGEN INCHealthcare9.7K$3.4M3.3%-4.9%
ALSN ALLISON TRANSMISSION HOLDINGIndustrials21.0K$2.5M2.4%-9.5%
NVDA NVIDIA CORPTechnology12.7K$2.2M2.2%-6.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.4K$2.1M2.0%-19.3%
AMZN AMAZON.COM INCConsumer discretionary9.5K$2.0M1.9%-6.8%
HON HONEYWELL INTERNATIONAL INCIndustrials7.7K$1.7M1.7%+0.2%
QCOM QUALCOMM INCTechnology13.2K$1.7M1.6%-9.9%
GS GOLDMAN SACHS GROUP INCFinancials1.9K$1.6M1.6%-13.7%
MRK MERCK & CO. INC.Healthcare12.0K$1.4M1.4%-4.8%
JNJ JOHNSON & JOHNSONHealthcare5.5K$1.4M1.3%-12.2%
CSCO CISCO SYSTEMS INCTechnology17.2K$1.3M1.3%-18.9%
LLY ELI LILLY & COHealthcare1.4K$1.3M1.3%-9.9%
JPM JPMORGAN CHASE & COFinancials4.0K$1.2M1.2%-8.1%
PSMT PRICESMART INCConsumer discretionary7.7K$1.2M1.1%-23.9%
NEE NEXTERA ENERGY INCUtilities12.4K$1.2M1.1%-5.2%
GILD GILEAD SCIENCES INCHealthcare8.0K$1.1M1.1%-9.1%
NFLX NETFLIX INCServices media10.3K$989K1.0%+13.8%
ABBV ABBVIE INCHealthcare4.4K$957K0.9%-14.1%
MPC MARATHON PETROLEUM CORPEnergy3.6K$879K0.9%-11.1%
MU MICRON TECHNOLOGY INCTechnology2.6K$878K0.9%Held
NEM NEWMONT CORPMaterials7.9K$852K0.8%-3.6%
DIS WALT DISNEY CO/THEServices media8.7K$836K0.8%-9.6%
ALL ALLSTATE CORPFinancials4.0K$829K0.8%Held
CAT CATERPILLAR INCIndustrials1.1K$815K0.8%Held
CMCSA COMCAST CORP-CLASS ACommunications28.3K$814K0.8%-11.5%
B BARRICK MINING CORPMaterials19.9K$810K0.8%-7.0%
MDT MEDTRONIC PLCHealthcare8.8K$763K0.7%-10.2%
META META PLATFORMS INC-CLASS ATechnology1.3K$758K0.7%+3.9%
VST VISTRA CORPUtilities5.0K$745K0.7%Held
OKE ONEOK INCUtilities8.2K$738K0.7%0.0%
UBER UBER TECHNOLOGIES INCServices media9.6K$691K0.7%Held
BAC BANK OF AMERICA CORPFinancials13.6K$664K0.6%-5.2%
NI NISOURCE INCUtilities13.9K$647K0.6%-6.1%
MP MP MATERIALS CORPMaterials13.3K$644K0.6%-5.0%
ORCL ORACLE CORPTechnology4.4K$644K0.6%-15.4%
SHOP SHOPIFY INC - CLASS ATechnology5.3K$635K0.6%Held
NSC NORFOLK SOUTHERN CORPIndustrials2.2K$635K0.6%-24.8%
XOM EXXON MOBIL CORPEnergy3.7K$631K0.6%Held
GEN GEN DIGITAL INCTechnology32.9K$620K0.6%-10.1%
AWK AMERICAN WATER WORKS CO INCUtilities4.3K$592K0.6%-10.3%
FDX FEDEX CORPIndustrials1.6K$588K0.6%-19.5%
CVX CHEVRON CORPEnergy2.8K$576K0.6%Held
UPS UNITED PARCEL SERVICE-CL BIndustrials5.8K$576K0.6%-8.2%
APD AIR PRODUCTS & CHEMICALS INCMaterials2.0K$573K0.6%Held
WTRG ESSENTIAL UTILITIES INCUtilities12.8K$515K0.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 5, 2026129$103.0M canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026132$113.8M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025131$110.7M canonicalSEC ↗
Q2 202513F-HRJul 30, 2025128$99.9M canonicalSEC ↗
Q1 202513F-HRApr 30, 2025123$93.8M canonicalSEC ↗
Q4 202413F-HRJan 21, 2025137$109.0M canonicalSEC ↗
Q3 202413F-HRNov 4, 2024136$109.0M canonicalSEC ↗
Q2 202413F-HRJul 24, 2024126$101.1M canonicalSEC ↗