Brick & Kyle, Associates

Fundamental diversified ★Signal CIK 1632253
League rank
#181
in Fundamental diversified · #760 overall
Long book
$302.9M
Q1 2026
Positions
96
Top-10 weight
46%
concentration
Last quarter
+18.4%
SPY +14.8%
Turnover
46%
of book per quarter

Strategy in plain words

auto-generated from filings

Brick & Kyle, Associates is a diversified fundamental manager, running a $302.9M US long book across 96 positions.

The portfolio is moderately concentrated (top 10 ≈ 46% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: APPLE INC, NVIDIA CORP, PIMCO ENHANCED SHORT MATURIT, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 6 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
+4.6%
Q2 2024
+3.4%
Q3 2024
-1.5%
Q4 2024
-3.2%
Q1 2025
+10.2%
Q2 2025
+9.7%
Q3 2025
+2.8%
Q4 2025
-1.8%
Q1 2026
+18.4%

Sector allocation

Technology
52%
Healthcare
11%
Financials
7%
Industrials
7%
Consumer discretionary
5%
Utilities
5%
Services media
4%
Other
2%

Long book by quarter

$225.6M
Q1 2024
$242.2M
Q2 2024
$233.2M
Q3 2024
$234.9M
Q4 2024
$217.9M
Q1 2025
$225.3M
Q2 2025
$271.0M
Q3 2025
$282.1M
Q4 2025
$302.9M
Q1 2026

What does Brick & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology130.6K$33.1M10.9%+126.3%
NVDA NVIDIA CORPTechnology149.9K$26.1M8.6%-8.4%
MSFT MICROSOFT CORPTechnology25.5K$9.4M3.1%-6.5%
AMZN AMAZON.COM INCConsumer discretionary43.2K$9.0M3.0%-8.0%
AMD ADVANCED MICRO DEVICESTechnology44.2K$9.0M3.0%-7.1%
JPM JPMORGAN CHASE & COFinancials29.6K$8.7M2.9%-8.5%
LHX L3HARRIS TECHNOLOGIES INCTechnology22.6K$7.8M2.6%-9.7%
MRK MERCK & CO. INC.Healthcare64.9K$7.8M2.6%-8.9%
RTX RTX CORPIndustrials36.8K$7.1M2.3%New
AVGO BROADCOM INCTechnology21.9K$6.8M2.2%-7.3%
DELL DELL TECHNOLOGIES -CTechnology40.0K$6.6M2.2%-10.2%
GOOGL ALPHABET INC-CL ATechnology22.0K$6.3M2.1%New
ES EVERSOURCE ENERGYUtilities88.9K$6.2M2.0%-10.1%
HON HONEYWELL INTERNATIONAL INCIndustrials27.2K$6.1M2.0%-9.4%
JNJ JOHNSON & JOHNSONHealthcare22.6K$5.5M1.8%-42.4%
V VISA INC-CLASS A SHARESServices media16.6K$5.0M1.7%-7.9%
TMO THERMO FISHER SCIENTIFIC INCOther9.4K$4.6M1.5%-7.0%
ABBV ABBVIE INCHealthcare19.5K$4.2M1.4%-4.0%
CVX CHEVRON CORPEnergy20.5K$4.2M1.4%-7.4%
VZ VERIZON COMMUNICATIONS INCCommunications81.5K$4.1M1.4%-11.2%
BAC BANK OF AMERICA CORPFinancials82.8K$4.0M1.3%-9.5%
PANW PALO ALTO NETWORKS INCTechnology25.0K$4.0M1.3%-8.6%
META META PLATFORMS INC-CLASS ATechnology6.5K$3.7M1.2%-13.4%
LLY ELI LILLY & COHealthcare4.0K$3.7M1.2%-11.0%
UBER UBER TECHNOLOGIES INCServices media48.8K$3.5M1.2%-5.8%
PRU PRUDENTIAL FINANCIAL INCFinancials35.4K$3.5M1.1%-4.9%
DUK DUKE ENERGY CORPUtilities22.5K$2.9M1.0%-12.1%
ISRG INTUITIVE SURGICAL INCHealthcare5.5K$2.5M0.8%-7.4%
PEP PEPSICO INCConsumer staples15.2K$2.4M0.8%-50.5%
MCD MCDONALD'S CORPConsumer discretionary5.8K$1.8M0.6%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology9.5K$1.4M0.5%-9.5%
BMY BRISTOL-MYERS SQUIBB COHealthcare20.8K$1.3M0.4%New
PM PHILIP MORRIS INTERNATIONALConsumer staples6.4K$1.1M0.3%New
HSY HERSHEY CO/THEConsumer staples4.6K$955K0.3%New
PG PROCTER & GAMBLE CO/THEOther6.0K$871K0.3%-3.6%
COST COSTCO WHOLESALE CORPConsumer discretionary759$756K0.2%New
HD HOME DEPOT INCConsumer discretionary2.2K$714K0.2%New
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology1.6K$609K0.2%-10.3%
GOOG ALPHABET INC-CL CTechnology2.1K$589K0.2%-86.7%
CDNS CADENCE DESIGN SYS INCTechnology1.8K$490K0.2%New
PEG PUBLIC SERVICE ENTERPRISE GPUtilities6.0K$488K0.2%New
NFLX NETFLIX INCServices media5.0K$481K0.2%New
GLW CORNING INCIndustrials3.4K$462K0.2%New
EMR EMERSON ELECTRIC COIndustrials3.4K$447K0.1%New
AMAT APPLIED MATERIALS INCTechnology1.2K$414K0.1%New
WM WASTE MANAGEMENT INCUtilities1.6K$373K0.1%New
MO ALTRIA GROUP INCConsumer staples5.6K$370K0.1%New
ABT ABBOTT LABORATORIESHealthcare3.4K$349K0.1%New
CAT CATERPILLAR INCIndustrials493$349K0.1%New
PRAX PRAXIS PRECISION MEDICINES IHealthcare966$311K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRJul 2, 202696$302.9M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202660$282.1M $K fixed canonicalSEC ↗
Q3 202513F-HRNov 14, 202559$706.2M $K fixed canonicalSEC ↗
Q2 202513F-HRAug 18, 202560$225.3M $K fixed canonicalSEC ↗
Q1 202513F-HRApr 30, 202554$217.9M $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 25, 202561$234.9M $K fixed canonicalSEC ↗
Q3 202413F-HRNov 14, 202455$233.2M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 15, 202461$242.2M $K fixed canonicalSEC ↗
Q1 202413F-HRMay 14, 202459$225.6M $K fixed canonicalSEC ↗