BOURNE LENT ASSET MANAGEMENT INC

Fundamental diversified ★Signal CIK 1128286
League rank
#493
in Fundamental diversified · #3093 overall
Long book
$272.0M
Q1 2026
Positions
63
Top-10 weight
71%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

BOURNE LENT ASSET MANAGEMENT INC is a diversified fundamental manager, running a $272.0M US long book across 63 positions.

The portfolio is concentrated: the top 10 names carry 71% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, ALPHABET INC-CL C, ALPHABET INC-CL A, MICROSOFT CORP, IDEXX LABORATORIES 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. 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
+5.9%
Q2 2024
+1.6%
Q3 2024
+1.4%
Q4 2024
-7.6%
Q1 2025
+10.6%
Q2 2025
+10.3%
Q3 2025
+8.9%
Q4 2025
-9.2%
Q1 2026
+12.4%

Sector allocation

Technology
57%
Healthcare
13%
Industrials
10%
Materials
7%
Services media
4%
Energy
3%
Consumer discretionary
2%
Financials
2%

Long book by quarter

$248.0M
Q1 2024
$260.8M
Q2 2024
$263.5M
Q3 2024
$262.3M
Q4 2024
$233.1M
Q1 2025
$258.4M
Q2 2025
$281.5M
Q3 2025
$301.5M
Q4 2025
$272.0M
Q1 2026

What does BOURNE LENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology128.1K$32.5M12.0%-0.4%
GOOG ALPHABET INC-CL CTechnology102.5K$29.4M10.8%-1.2%
GOOGL ALPHABET INC-CL ATechnology97.4K$28.0M10.3%-1.5%
MSFT MICROSOFT CORPTechnology71.7K$26.6M9.8%-2.4%
IDXX IDEXX LABORATORIES INCMaterials31.1K$17.5M6.4%Held
PWR QUANTA SERVICES INCIndustrials27.8K$15.3M5.6%Held
ADBE ADOBE INCTechnology59.3K$14.4M5.3%-1.8%
ISRG INTUITIVE SURGICAL INCHealthcare26.7K$12.3M4.5%+0.8%
CSCO CISCO SYSTEMS INCTechnology107.7K$8.4M3.1%-1.2%
BMY BRISTOL-MYERS SQUIBB COHealthcare127.8K$7.8M2.8%-0.2%
AMZN AMAZON.COM INCConsumer discretionary26.6K$5.5M2.0%Held
PAYX PAYCHEX INCServices media53.6K$4.9M1.8%-0.9%
SYM SYMBOTIC INCIndustrials87.5K$4.7M1.7%-1.2%
ENB ENBRIDGE INCEnergy85.5K$4.6M1.7%-0.3%
QCOM QUALCOMM INCTechnology33.9K$4.4M1.6%-1.1%
NVDA NVIDIA CORPTechnology24.3K$4.2M1.6%+53.4%
LLY ELI LILLY & COHealthcare3.9K$3.6M1.3%-0.3%
JNJ JOHNSON & JOHNSONHealthcare14.2K$3.5M1.3%+1.1%
LHX L3HARRIS TECHNOLOGIES INCTechnology9.9K$3.4M1.3%Held
AMGN AMGEN INCHealthcare9.7K$3.4M1.3%Held
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials4$2.9M1.1%Held
UPS UNITED PARCEL SERVICE-CL BIndustrials25.8K$2.5M0.9%Held
NTR NUTRIEN LTDOther33.3K$2.5M0.9%+0.1%
MA MASTERCARD INC - AServices media5.0K$2.5M0.9%Held
V VISA INC-CLASS A SHARESServices media7.8K$2.3M0.9%-3.3%
TSLA TESLA INCIndustrials6.3K$2.3M0.9%Held
BKNG BOOKING HOLDINGS INCIndustrials450$1.9M0.7%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology10.3K$1.5M0.6%Held
PACB PACIFIC BIOSCIENCES OF CALIFHealthcare951.1K$1.3M0.5%-1.7%
SLB SLB LTDEnergy23.4K$1.2M0.4%Held
XOM EXXON MOBIL CORPEnergy6.6K$1.1M0.4%Held
T AT&T INCCommunications36.4K$1.1M0.4%-0.8%
PFE PFIZER INCHealthcare37.3K$1.0M0.4%Held
PEP PEPSICO INCConsumer staples6.4K$996K0.4%Held
PEG PUBLIC SERVICE ENTERPRISE GPUtilities11.1K$896K0.3%Held
LOW LOWE'S COS INCConsumer discretionary3.5K$827K0.3%Held
BSX BOSTON SCIENTIFIC CORPHealthcare12.6K$789K0.3%-12.6%
CNP CENTERPOINT ENERGY INCUtilities16.8K$724K0.3%Held
EME EMCOR GROUP INCIndustrials736$543K0.2%Held
EOG EOG RESOURCES INCEnergy3.8K$542K0.2%Held
MRK MERCK & CO. INC.Healthcare4.4K$524K0.2%-6.4%
GILD GILEAD SCIENCES INCHealthcare3.5K$485K0.2%Held
MCHP MICROCHIP TECHNOLOGY INCTechnology7.4K$476K0.2%Held
TROW T ROWE PRICE GROUP INCFinancials5.1K$457K0.2%Held
JPM JPMORGAN CHASE & COFinancials1.6K$456K0.2%Held
INTC INTEL CORPTechnology9.5K$418K0.2%Held
LFUS LITTELFUSE INCIndustrials1.2K$407K0.1%Held
TMP TOMPKINS FINANCIAL CORPFinancials4.7K$369K0.1%Held
HD HOME DEPOT INCConsumer discretionary1.1K$362K0.1%-3.5%
SO SOUTHERN CO/THEUtilities3.7K$360K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 17, 202663$272.0M canonicalSEC ↗
Q4 202513F-HRJan 14, 202663$301.5M canonicalSEC ↗
Q3 202513F-HRDec 15, 202563$281.5M canonicalSEC ↗
Q2 202513F-HRJul 8, 202562$258.4M canonicalSEC ↗
Q1 202513F-HRApr 14, 202561$233.1M canonicalSEC ↗
Q4 202413F-HRJan 17, 202561$262.3M canonicalSEC ↗
Q3 202413F-HROct 15, 202462$263.5M canonicalSEC ↗
Q2 202413F-HRAug 1, 202461$260.8M canonicalSEC ↗
Q1 202413F-HRApr 12, 202482$248.0M canonicalSEC ↗