BECK MACK & OLIVER LLC
Long book
$4.85B
Q1 2026
Positions
195
Top-10 weight
46%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsBECK MACK & OLIVER LLC is a diversified fundamental manager, running a $4.85B US long book across 195 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APOLLO GLOBAL MANAGEMENT INC, ALPHABET INC-CL C, BLACKSTONE INC, ARTHUR J GALLAGHER & CO, SUNBELT RENTALS HOLDINGS INC.
Over the last 9 quarters its long book ran on average 2.9pp per quarter behind the S&P 500, beating the index in 1 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
-1.7%
Q2 2024
+4.9%
Q3 2024
+6.8%
Q4 2024
-6.7%
Q1 2025
+6.1%
Q2 2025
+6.4%
Q3 2025
-0.0%
Q4 2025
-12.2%
Q1 2026
+10.6%
Sector allocation
Financials 33%
Technology 15%
Healthcare 14%
Services media 11%
Consumer discretionary 9%
Industrials 6%
Other 4%
Communications 3%
Long book by quarter
What does BECK MACK own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 2.8M | $308.1M | 6.4% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 920.9K | $264.2M | 5.4% | -7.8% |
| BX BLACKSTONE INC | Financials | 2.3M | $259.8M | 5.4% | +5.1% |
| AJG ARTHUR J GALLAGHER & CO | Financials | 1.1M | $230.1M | 4.7% | +20.9% |
| SUNB SUNBELT RENTALS HOLDINGS INC | Services media | 3.4M | $219.8M | 4.5% | New |
| MSFT MICROSOFT CORP | Technology | 556.3K | $205.9M | 4.2% | -2.0% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 832.7K | $194.2M | 4.0% | -1.3% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 2.0M | $192.0M | 4.0% | -1.0% |
| SGI SOMNIGROUP INTERNATIONAL INC | Other | 2.4M | $178.1M | 3.7% | +3.7% |
| RDNT RADNET INC | Healthcare | 3.2M | $177.0M | 3.6% | -2.0% |
| LH LABCORP HOLDINGS INC | Healthcare | 616.6K | $164.5M | 3.4% | -1.7% |
| ZWS ZURN ELKAY WATER SOLUTIONS C | Industrials | 3.5M | $156.8M | 3.2% | -2.5% |
| CACC CREDIT ACCEPTANCE CORP | Financials | 309.0K | $130.8M | 2.7% | -0.4% |
| WAT WATERS CORP | Healthcare | 432.2K | $128.7M | 2.7% | +10.6% |
| AXP AMERICAN EXPRESS CO | Financials | 408.0K | $123.4M | 2.5% | -0.4% |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 394.5K | $120.0M | 2.5% | -3.9% |
| CSGP COSTAR GROUP INC | Services media | 2.9M | $118.1M | 2.4% | +31.6% |
| JPM JPMORGAN CHASE & CO | Financials | 387.7K | $114.1M | 2.4% | -2.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 935.4K | $96.0M | 2.0% | +6.9% |
| MTDR MATADOR RESOURCES CO | Energy | 1.4M | $85.8M | 1.8% | -5.2% |
| GSAT GLOBALSTAR INC | Communications | 1.1M | $74.2M | 1.5% | -1.9% |
| GOOGL ALPHABET INC-CL A | Technology | 242.6K | $69.8M | 1.4% | -13.7% |
| RUSHA RUSH ENTERPRISES INC-CL A | Consumer discretionary | 957.6K | $63.3M | 1.3% | -2.7% |
| ROP ROPER TECHNOLOGIES INC | Technology | 163.2K | $57.7M | 1.2% | -29.4% |
| WAB WABTEC CORP | Industrials | 229.2K | $57.3M | 1.2% | -0.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 214.2K | $52.3M | 1.1% | -2.5% |
| JEF JEFFERIES FINANCIAL GROUP IN | Financials | 1.2M | $50.5M | 1.0% | -0.7% |
| MA MASTERCARD INC - A | Services media | 96.1K | $48.0M | 1.0% | +0.2% |
| OWL BLUE OWL CAPITAL INC | Financials | 5.3M | $47.9M | 1.0% | -32.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 228.4K | $47.6M | 1.0% | +10.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 89.1K | $42.7M | 0.9% | -3.4% |
| QCOM QUALCOMM INC | Technology | 329.7K | $42.5M | 0.9% | +1.1% |
| MKL MARKEL GROUP INC | Financials | 19.6K | $37.5M | 0.8% | -9.2% |
| WMT WALMART INC | Consumer discretionary | 289.1K | $35.9M | 0.7% | -1.4% |
| WBD WARNER BROS DISCOVERY INC | Communications | 1.2M | $33.2M | 0.7% | -35.4% |
| BN BROOKFIELD CORP | Real estate | 804.0K | $32.5M | 0.7% | -4.5% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 817.0K | $30.9M | 0.6% | +2.8% |
| WMB WILLIAMS COS INC | Utilities | 424.1K | $30.9M | 0.6% | -0.6% |
| UNP UNION PACIFIC CORP | Industrials | 126.7K | $30.7M | 0.6% | -0.6% |
| AAPL APPLE INC | Technology | 116.5K | $29.6M | 0.6% | -0.8% |
| LOW LOWE'S COS INC | Consumer discretionary | 122.1K | $28.8M | 0.6% | -12.2% |
| HUBB HUBBELL INC | Technology | 48.8K | $24.0M | 0.5% | -0.8% |
| ENB ENBRIDGE INC | Energy | 320.3K | $17.3M | 0.4% | -1.3% |
| DUK DUKE ENERGY CORP | Utilities | 125.1K | $16.4M | 0.3% | 0.0% |
| ALC ALCON INC | Healthcare | 209.1K | $15.8M | 0.3% | +674.4% |
| NTR NUTRIEN LTD | Other | 180.9K | $13.7M | 0.3% | -3.1% |
| ARES ARES MANAGEMENT CORP - A | Financials | 117.5K | $12.8M | 0.3% | +53.5% |
| SYY SYSCO CORP | Consumer discretionary | 179.6K | $12.8M | 0.3% | -0.6% |
| PKE PARK AEROSPACE CORP | Industrials | 423.0K | $11.6M | 0.2% | -36.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 225.5K | $11.3M | 0.2% | +2.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 195 | $4.85B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 194 | $5.51B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 187 | $5.50B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 189 | $5.24B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 187 | $5.01B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 190 | $5.40B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 177 | $5.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 179 | $4.83B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 179 | $4.93B | canonical | SEC ↗ |
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