Alhambra Investment Management LLC
Long book
$216.6M
Q1 2026
Positions
176
Top-10 weight
33%
concentration
Last quarter
+8.0%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsAlhambra Investment Management LLC is an institutional manager, running a $216.6M US long book across 176 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, SCHWAB FNDMNTL US LRG CO ETF, ISHARES CORE DIVIDEND GROWTH, ISHARES 0-5 YEAR TIPS BOND E, SCHWAB FNDMN INTL LRG CO ETF.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 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
+1.3%
Q2 2024
+7.6%
Q3 2024
-0.4%
Q4 2024
+0.1%
Q1 2025
+4.1%
Q2 2025
+6.6%
Q3 2025
+3.7%
Q4 2025
+0.0%
Q1 2026
+8.0%
Sector allocation
Technology 36%
Consumer discretionary 15%
Healthcare 12%
Financials 11%
Industrials 8%
Services media 5%
Consumer staples 4%
Utilities 4%
Long book by quarter
What does Alhambra Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 53.1K | $13.5M | 6.2% | -0.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 5.8K | $5.8M | 2.7% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 18.8K | $5.4M | 2.5% | -2.0% |
| GOOG ALPHABET INC-CL C | Technology | 14.6K | $4.2M | 1.9% | -0.6% |
| MSFT MICROSOFT CORP | Technology | 7.4K | $2.7M | 1.3% | +4.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.4K | $2.6M | 1.2% | +0.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 8.6K | $2.1M | 1.0% | -1.2% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 4.5K | $2.1M | 1.0% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 6.8K | $2.0M | 0.9% | -5.0% |
| HD HOME DEPOT INC | Consumer discretionary | 6.0K | $2.0M | 0.9% | +0.2% |
| CSCO CISCO SYSTEMS INC | Technology | 25.2K | $2.0M | 0.9% | -1.0% |
| PEP PEPSICO INC | Consumer staples | 12.3K | $1.9M | 0.9% | -0.2% |
| NEE NEXTERA ENERGY INC | Utilities | 17.1K | $1.6M | 0.7% | +4.2% |
| AMGN AMGEN INC | Healthcare | 4.3K | $1.5M | 0.7% | +0.4% |
| TDS TELEPHONE AND DATA SYSTEMS | Communications | 34.0K | $1.4M | 0.7% | Held |
| V VISA INC-CLASS A SHARES | Services media | 4.7K | $1.4M | 0.7% | +3.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 8.5K | $1.4M | 0.6% | -3.1% |
| QCOM QUALCOMM INC | Technology | 10.2K | $1.3M | 0.6% | -0.2% |
| WMT WALMART INC | Consumer discretionary | 10.5K | $1.3M | 0.6% | Held |
| RTX RTX CORP | Industrials | 6.8K | $1.3M | 0.6% | -1.6% |
| CVX CHEVRON CORP | Energy | 6.3K | $1.3M | 0.6% | +2.7% |
| GE GENERAL ELECTRIC | Industrials | 4.5K | $1.3M | 0.6% | -11.1% |
| MRK MERCK & CO. INC. | Healthcare | 10.5K | $1.3M | 0.6% | 0.0% |
| NFLX NETFLIX INC | Services media | 12.9K | $1.2M | 0.6% | +7.6% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 5.8K | $1.2M | 0.6% | Held |
| AXP AMERICAN EXPRESS CO | Financials | 4.0K | $1.2M | 0.6% | +0.5% |
| XOM EXXON MOBIL CORP | Energy | 6.8K | $1.2M | 0.5% | +42.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.5K | $1.2M | 0.5% | -0.4% |
| KO COCA-COLA CO/THE | Consumer staples | 14.3K | $1.1M | 0.5% | Held |
| PH PARKER HANNIFIN CORP | Industrials | 1.2K | $1.1M | 0.5% | -3.0% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.3K | $1.0M | 0.5% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.1K | $1.0M | 0.5% | -0.6% |
| GRMN GARMIN LTD | Technology | 4.3K | $996K | 0.5% | -3.1% |
| META META PLATFORMS INC-CLASS A | Technology | 1.5K | $846K | 0.4% | -2.8% |
| NOC NORTHROP GRUMMAN CORP | Technology | 1.2K | $845K | 0.4% | -1.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 5.8K | $842K | 0.4% | Held |
| ADP AUTOMATIC DATA PROCESSING | Technology | 4.0K | $804K | 0.4% | +7.0% |
| ORCL ORACLE CORP | Technology | 5.2K | $762K | 0.4% | +2.6% |
| LRCX LAM RESEARCH CORP | Industrials | 3.4K | $736K | 0.3% | -15.1% |
| TRV TRAVELERS COS INC/THE | Financials | 2.4K | $699K | 0.3% | -1.0% |
| ABBV ABBVIE INC | Healthcare | 3.2K | $698K | 0.3% | +1.3% |
| HSY HERSHEY CO/THE | Consumer staples | 3.3K | $683K | 0.3% | +3.2% |
| ACN ACCENTURE PLC-CL A | Services media | 3.4K | $672K | 0.3% | +51.9% |
| DHR DANAHER CORP | Technology | 3.4K | $654K | 0.3% | +1.1% |
| SYK STRYKER CORP | Healthcare | 1.9K | $637K | 0.3% | +0.1% |
| YUM YUM! BRANDS INC | Consumer discretionary | 4.0K | $620K | 0.3% | Held |
| LOW LOWE'S COS INC | Consumer discretionary | 2.6K | $614K | 0.3% | Held |
| DIS WALT DISNEY CO/THE | Services media | 6.4K | $613K | 0.3% | Held |
| CSL CARLISLE COS INC | Other | 1.8K | $608K | 0.3% | Held |
| AMAT APPLIED MATERIALS INC | Technology | 1.7K | $587K | 0.3% | -18.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 176 | $216.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 175 | $215.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 178 | $210.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 180 | $201.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 163 | $194.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 166 | $195.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 174 | $192.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 169 | $182.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 161 | $182.9M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P