BROWN, LISLE/CUMMINGS, INC.
Long book
$400.4M
Q1 2026
Positions
1021
Top-10 weight
27%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsBROWN, LISLE/CUMMINGS, INC. is an institutional manager, running a $400.4M US long book across 1021 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, ALPHABET INC-CL A, APPLE INC, AMAZON.COM INC, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.4%
Q2 2024
+6.4%
Q3 2024
-0.7%
Q4 2024
-1.3%
Q1 2025
+6.2%
Q2 2025
+5.4%
Q3 2025
+2.3%
Q4 2025
-1.9%
Q1 2026
+10.0%
Sector allocation
Technology 30%
Financials 15%
Industrials 14%
Healthcare 14%
Consumer discretionary 7%
Other 6%
Services media 4%
Energy 3%
Long book by quarter
What does BROWN, LISLE/CUMMINGS, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 52.7K | $15.1M | 3.8% | -1.1% |
| AAPL APPLE INC | Technology | 50.0K | $12.7M | 3.2% | +0.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 55.1K | $11.5M | 2.9% | +2.0% |
| MSFT MICROSOFT CORP | Technology | 30.2K | $11.2M | 2.8% | +1.5% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 67.7K | $10.7M | 2.7% | +1.0% |
| GOOG ALPHABET INC-CL C | Technology | 31.3K | $9.0M | 2.2% | +2.3% |
| AMGN AMGEN INC | Healthcare | 24.0K | $8.5M | 2.1% | +0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 24.8K | $7.3M | 1.8% | -0.1% |
| ABBV ABBVIE INC | Healthcare | 28.9K | $6.3M | 1.6% | +1.0% |
| VRT VERTIV HOLDINGS CO-A | Technology | 24.4K | $6.1M | 1.5% | +1.1% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 54.9K | $5.6M | 1.4% | +0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 9.8K | $5.6M | 1.4% | +3.5% |
| CMI CUMMINS INC | Industrials | 10.3K | $5.6M | 1.4% | +0.4% |
| NVDA NVIDIA CORP | Technology | 30.1K | $5.2M | 1.3% | +6.5% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 15.1K | $5.2M | 1.3% | -1.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 10.5K | $5.1M | 1.3% | +1.4% |
| XOM EXXON MOBIL CORP | Energy | 29.7K | $5.0M | 1.3% | -5.2% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 75.8K | $4.8M | 1.2% | +1.8% |
| ACN ACCENTURE PLC-CL A | Services media | 23.6K | $4.7M | 1.2% | -2.4% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 9.0K | $4.4M | 1.1% | +4.3% |
| NFLX NETFLIX INC | Services media | 43.7K | $4.2M | 1.0% | +4.0% |
| MRK MERCK & CO. INC. | Healthcare | 33.1K | $4.0M | 1.0% | +0.6% |
| ARCC ARES CAPITAL CORP | — | 219.5K | $4.0M | 1.0% | +11.8% |
| ECL ECOLAB INC | Other | 14.5K | $3.9M | 1.0% | -0.6% |
| DE DEERE & CO | Industrials | 6.7K | $3.8M | 0.9% | +1.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 16.1K | $3.6M | 0.9% | +0.5% |
| MRSH MARSH & MCLENNAN COS | Financials | 20.4K | $3.5M | 0.9% | +0.2% |
| BX BLACKSTONE INC | Financials | 30.4K | $3.5M | 0.9% | +0.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.4K | $3.4M | 0.8% | +1.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.8K | $3.4M | 0.8% | +1.3% |
| TXN TEXAS INSTRUMENTS INC | Technology | 16.3K | $3.2M | 0.8% | +0.1% |
| CVX CHEVRON CORP | Energy | 15.1K | $3.1M | 0.8% | -7.7% |
| LLY ELI LILLY & CO | Healthcare | 3.4K | $3.1M | 0.8% | +1.0% |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 17.4K | $3.1M | 0.8% | -7.2% |
| RTX RTX CORP | Industrials | 15.3K | $2.9M | 0.7% | -3.8% |
| V VISA INC-CLASS A SHARES | Services media | 9.1K | $2.7M | 0.7% | +3.7% |
| TSLA TESLA INC | Industrials | 6.3K | $2.4M | 0.6% | +6.3% |
| SYK STRYKER CORP | Healthcare | 7.1K | $2.3M | 0.6% | +3.4% |
| PANW PALO ALTO NETWORKS INC | Technology | 12.6K | $2.0M | 0.5% | +3.5% |
| CL COLGATE-PALMOLIVE CO | Other | 23.4K | $2.0M | 0.5% | +0.1% |
| NOC NORTHROP GRUMMAN CORP | Technology | 2.9K | $2.0M | 0.5% | Held |
| PEP PEPSICO INC | Consumer staples | 12.5K | $1.9M | 0.5% | +0.2% |
| BAC BANK OF AMERICA CORP | Financials | 39.2K | $1.9M | 0.5% | +0.7% |
| LMT LOCKHEED MARTIN CORP | Industrials | 3.1K | $1.9M | 0.5% | -11.8% |
| PFE PFIZER INC | Healthcare | 67.0K | $1.9M | 0.5% | +0.2% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 19.6K | $1.8M | 0.5% | +1.5% |
| CAT CATERPILLAR INC | Industrials | 2.6K | $1.8M | 0.5% | -1.7% |
| SYY SYSCO CORP | Consumer discretionary | 25.4K | $1.8M | 0.5% | -0.4% |
| CSCO CISCO SYSTEMS INC | Technology | 22.6K | $1.8M | 0.4% | -0.6% |
| GLW CORNING INC | Industrials | 12.7K | $1.7M | 0.4% | -18.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 1021 | $400.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 742 | $405.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 760 | $389.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 772 | $375.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 784 | $345.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 638 | $335.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 619 | $329.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 614 | $306.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Jul 1, 2024 | 558 | $294.4M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P