Broadleaf Partners, LLC

Fundamental diversified ★Signal CIK 1712686
League rank
#317
in Fundamental diversified · #1449 overall
Long book
$428.9M
Q1 2026
Positions
84
Top-10 weight
48%
concentration
Last quarter
+15.3%
SPY +14.8%
Turnover
2%
of book per quarter

Strategy in plain words

auto-generated from filings

Broadleaf Partners, LLC is a diversified fundamental manager, running a $428.9M US long book across 84 positions.

The portfolio is moderately concentrated (top 10 ≈ 48% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. 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 0.1pp per quarter behind the S&P 500, beating the index in 5 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
+7.3%
Q2 2024
+2.3%
Q3 2024
+3.0%
Q4 2024
-8.6%
Q1 2025
+19.2%
Q2 2025
+8.4%
Q3 2025
-0.7%
Q4 2025
-6.9%
Q1 2026
+15.3%

Sector allocation

Technology
54%
Consumer discretionary
11%
Services media
10%
Industrials
8%
Healthcare
7%
Financials
7%
Other
2%
Communications
1%

Long book by quarter

$390.2M
Q1 2024
$413.3M
Q2 2024
$422.7M
Q3 2024
$428.1M
Q4 2024
$381.9M
Q1 2025
$454.2M
Q2 2025
$479.7M
Q3 2025
$474.2M
Q4 2025
$428.9M
Q1 2026

What does Broadleaf Partners, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology182.0K$31.7M7.4%-3.2%
AAPL APPLE INCTechnology91.3K$23.2M5.4%-3.1%
GOOG ALPHABET INC-CL CTechnology80.3K$23.0M5.4%-3.5%
MSFT MICROSOFT CORPTechnology59.4K$22.0M5.1%-2.7%
AMZN AMAZON.COM INCConsumer discretionary105.1K$21.9M5.1%-4.1%
VRT VERTIV HOLDINGS CO-ATechnology67.2K$16.8M3.9%-3.3%
AVGO BROADCOM INCTechnology53.3K$16.5M3.8%+3.8%
META META PLATFORMS INC-CLASS ATechnology25.3K$14.5M3.4%-3.0%
COST COSTCO WHOLESALE CORPConsumer discretionary14.4K$14.4M3.4%+14.1%
NFLX NETFLIX INCServices media122.3K$11.8M2.7%+28.5%
JPM JPMORGAN CHASE & COFinancials38.5K$11.3M2.6%-3.3%
ANET ARISTA NETWORKS INCTechnology91.4K$11.2M2.6%-4.1%
GS GOLDMAN SACHS GROUP INCFinancials12.5K$10.6M2.5%-29.1%
PWR QUANTA SERVICES INCIndustrials16.3K$9.0M2.1%-3.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology59.7K$8.7M2.0%-2.1%
ISRG INTUITIVE SURGICAL INCHealthcare18.2K$8.4M2.0%-3.0%
MA MASTERCARD INC - AServices media16.8K$8.4M2.0%-3.0%
LLY ELI LILLY & COHealthcare9.1K$8.4M1.9%+45.4%
TSLA TESLA INCIndustrials21.5K$8.0M1.9%-3.7%
CTAS CINTAS CORPOther44.1K$7.5M1.7%-3.8%
URI UNITED RENTALS INCServices media9.9K$7.2M1.7%-3.3%
UBER UBER TECHNOLOGIES INCServices media92.2K$6.6M1.5%-3.0%
NOW SERVICENOW INCTechnology56.0K$5.9M1.4%-2.8%
UTHR UNITED THERAPEUTICS CORPHealthcare9.0K$5.3M1.2%-3.2%
BKNG BOOKING HOLDINGS INCIndustrials1.2K$5.1M1.2%-3.4%
SHOP SHOPIFY INC - CLASS ATechnology38.4K$4.5M1.1%-3.9%
DDOG DATADOG INC - CLASS ATechnology38.1K$4.5M1.0%-3.1%
APP APPLOVIN CORP-CLASS ATechnology9.7K$3.9M0.9%+23.5%
TDG TRANSDIGM GROUP INCIndustrials2.9K$3.4M0.8%-2.8%
TXRH TEXAS ROADHOUSE INCConsumer discretionary16.9K$2.8M0.6%-3.4%
PANW PALO ALTO NETWORKS INCTechnology17.3K$2.8M0.6%-2.9%
SPOT SPOTIFY TECHNOLOGY SACommunications4.9K$2.4M0.6%-2.6%
BALL BALL CORPIndustrials39.2K$2.3M0.5%Held
JNJ JOHNSON & JOHNSONHealthcare7.7K$1.9M0.4%+5.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials2.3K$1.1M0.3%0.0%
ABBV ABBVIE INCHealthcare4.8K$1.0M0.2%Held
PG PROCTER & GAMBLE CO/THEOther5.6K$802K0.2%-0.1%
GOOGL ALPHABET INC-CL ATechnology2.5K$711K0.2%-20.8%
NOC NORTHROP GRUMMAN CORPTechnology893$609K0.1%Held
XOM EXXON MOBIL CORPEnergy3.3K$566K0.1%-0.5%
CSCO CISCO SYSTEMS INCTechnology6.9K$536K0.1%Held
CAT CATERPILLAR INCIndustrials740$524K0.1%Held
MS MORGAN STANLEYFinancials2.7K$447K0.1%Held
MCO MOODY'S CORPServices media1.0K$445K0.1%Held
HD HOME DEPOT INCConsumer discretionary1.3K$417K0.1%-0.2%
FE FIRSTENERGY CORPUtilities8.0K$403K0.1%Held
PEP PEPSICO INCConsumer staples2.5K$382K0.1%Held
MCD MCDONALD'S CORPConsumer discretionary1.2K$367K0.1%Held
CVX CHEVRON CORPEnergy1.7K$351K0.1%Held
ORCL ORACLE CORPTechnology2.1K$316K0.1%-95.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202684$428.9M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202682$474.2M canonicalSEC ↗
Q3 202513F-HRNov 13, 202580$479.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 202582$454.2M canonicalSEC ↗
Q1 202513F-HRMay 14, 202579$381.9M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202577$428.1M canonicalSEC ↗
Q3 202413F-HRNov 12, 202479$422.7M canonicalSEC ↗
Q2 202413F-HRAug 12, 202475$413.3M canonicalSEC ↗
Q1 202413F-HRMay 14, 202480$390.2M canonicalSEC ↗