BESSEMER GROUP INC

Diversified mechanical Mechanical CIK 1054074
League rank
#134
in Diversified mechanical · #2800 overall
Long book
$63.62B
Q1 2026
Positions
2527
Top-10 weight
33%
concentration
Last quarter
+12.8%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

BESSEMER GROUP INC is a mechanically diversified allocator, running a $63.62B US long book across 2527 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL C, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.7pp 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
+2.6%
Q2 2024
+6.4%
Q3 2024
+2.2%
Q4 2024
-4.9%
Q1 2025
+10.9%
Q2 2025
+6.2%
Q3 2025
+1.9%
Q4 2025
-4.3%
Q1 2026
+12.8%

Sector allocation

Technology
38%
Industrials
11%
Consumer discretionary
11%
Financials
11%
Healthcare
7%
Services media
6%
Utilities
6%
Energy
3%

Long book by quarter

$55.33B
Q1 2024
$56.70B
Q2 2024
$60.71B
Q3 2024
$61.26B
Q4 2024
$55.78B
Q1 2025
$61.60B
Q2 2025
$65.39B
Q3 2025
$65.13B
Q4 2025
$63.62B
Q1 2026

What does BESSEMER GROUP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology25.0M$4.35B6.8%+4.1%
AAPL APPLE INCTechnology11.9M$3.03B4.8%-2.7%
GOOG ALPHABET INC-CL CTechnology10.1M$2.91B4.6%-5.0%
MSFT MICROSOFT CORPTechnology6.9M$2.56B4.0%+8.4%
AMZN AMAZON.COM INCConsumer discretionary9.8M$2.05B3.2%-5.0%
AVGO BROADCOM INCTechnology5.3M$1.66B2.6%-0.4%
META META PLATFORMS INC-CLASS ATechnology2.3M$1.31B2.1%-3.5%
JPM JPMORGAN CHASE & COFinancials4.5M$1.31B2.1%-5.1%
NEE NEXTERA ENERGY INCUtilities10.2M$946.2M1.5%+8.5%
V VISA INC-CLASS A SHARESServices media2.9M$861.6M1.4%-3.2%
LLY ELI LILLY & COHealthcare860.7K$791.7M1.2%+46.2%
CVX CHEVRON CORPEnergy3.5M$718.2M1.1%+16.2%
ABBV ABBVIE INCHealthcare3.2M$686.8M1.1%+1.4%
COST COSTCO WHOLESALE CORPConsumer discretionary669.8K$667.4M1.0%+12.8%
BAC BANK OF AMERICA CORPFinancials12.7M$618.4M1.0%+1.0%
WMT WALMART INCConsumer discretionary4.3M$535.9M0.8%+1.5%
XOM EXXON MOBIL CORPEnergy3.0M$512.6M0.8%+15.9%
HWM HOWMET AEROSPACE INCIndustrials2.2M$499.0M0.8%+0.7%
XPO XPO INCIndustrials2.4M$471.0M0.7%+115.9%
ICE INTERCONTINENTAL EXCHANGE INFinancials2.8M$437.0M0.7%-3.9%
AMAT APPLIED MATERIALS INCTechnology1.2M$415.7M0.7%-22.0%
MCD MCDONALD'S CORPConsumer discretionary1.3M$412.1M0.6%+132.1%
MDT MEDTRONIC PLCHealthcare4.8M$411.9M0.6%+16.6%
ISRG INTUITIVE SURGICAL INCHealthcare869.6K$400.9M0.6%+10.9%
NOC NORTHROP GRUMMAN CORPTechnology587.1K$400.6M0.6%+11.1%
COF CAPITAL ONE FINANCIAL CORPFinancials2.2M$395.7M0.6%+49.8%
CAT CATERPILLAR INCIndustrials540.8K$383.1M0.6%+33.0%
COR CENCORA INCConsumer discretionary1.2M$381.7M0.6%-11.0%
LYV LIVE NATION ENTERTAINMENT INServices media2.3M$353.7M0.6%+25.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials736.8K$353.1M0.6%+865.3%
NFLX NETFLIX INCServices media3.6M$348.3M0.5%+176.7%
CRH CRH PLCIndustrials3.3M$344.5M0.5%-18.4%
COP CONOCOPHILLIPSEnergy2.4M$317.0M0.5%+3.1%
BA BOEING CO/THEIndustrials1.6M$316.5M0.5%+59.3%
SPOT SPOTIFY TECHNOLOGY SACommunications643.1K$311.9M0.5%-11.8%
AEE AMEREN CORPORATIONUtilities2.8M$303.2M0.5%+0.7%
FTNT FORTINET INCTechnology3.6M$296.8M0.5%+15.6%
KEYS KEYSIGHT TECHNOLOGIES INTechnology1.0M$292.6M0.5%-15.6%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology1.5M$291.5M0.5%+1.4%
GOOGL ALPHABET INC-CL ATechnology1.0M$291.1M0.5%+2.9%
CME CME GROUP INCFinancials965.2K$285.1M0.4%+9.9%
RSG REPUBLIC SERVICES INCUtilities1.3M$279.1M0.4%+55.2%
C CITIGROUP INCFinancials2.5M$277.9M0.4%-11.2%
CSCO CISCO SYSTEMS INCTechnology3.6M$277.0M0.4%+35.5%
USFD US FOODS HOLDING CORPConsumer discretionary2.9M$269.9M0.4%+1.8%
HLT HILTON WORLDWIDE HOLDINGS INServices media879.2K$267.3M0.4%+0.6%
CLH CLEAN HARBORS INCUtilities932.0K$267.2M0.4%+1.8%
KLAC KLA CORPOther180.3K$265.4M0.4%+0.7%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials3.9M$263.1M0.4%+156.0%
PWR QUANTA SERVICES INCIndustrials426.4K$234.1M0.4%+0.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 20269822$63.62B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 5, 20269738$65.13B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 5, 20259702$65.39B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 1, 20257923$61.60B $K fixed canonicalSEC ↗
Q1 202513F-HRApr 23, 20257924$55.78B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 13, 20257930$61.26B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 12, 20247974$60.71B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 13, 20247177$56.70B $K fixed canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTAug 13, 20247073$55.33B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 13, 20247054$55.3M SEC ↗