BURKE & HERBERT BANK & TRUST CO
Long book
$361.9M
Q1 2026
Positions
235
Top-10 weight
30%
concentration
Last quarter
+11.3%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsBURKE & HERBERT BANK & TRUST CO is an institutional manager, running a $361.9M US long book across 235 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, APPLE INC, BURKE & HERBERT FINANCIAL SE, MICROSOFT CORP, JOHNSON & JOHNSON.
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. 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
+1.0%
Q2 2024
+7.1%
Q3 2024
-1.0%
Q4 2024
-0.4%
Q1 2025
+6.8%
Q2 2025
+6.6%
Q3 2025
+2.6%
Q4 2025
+0.0%
Q1 2026
+11.3%
Sector allocation
Technology 23%
Financials 17%
Healthcare 13%
Industrials 10%
Consumer discretionary 9%
Consumer staples 7%
Energy 7%
Utilities 4%
Long book by quarter
What does BURKE & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 62.2K | $15.8M | 4.4% | -0.8% |
| BHRB BURKE & HERBERT FINANCIAL SE | Financials | 221.7K | $13.8M | 3.8% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 35.7K | $13.2M | 3.6% | +1.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 40.3K | $9.9M | 2.7% | +0.7% |
| XOM EXXON MOBIL CORP | Energy | 56.8K | $9.6M | 2.7% | -0.6% |
| KO COCA-COLA CO/THE | Consumer staples | 75.2K | $5.7M | 1.6% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 18.6K | $5.3M | 1.5% | -1.6% |
| WMT WALMART INC | Consumer discretionary | 42.2K | $5.2M | 1.4% | -1.7% |
| ABBV ABBVIE INC | Healthcare | 22.8K | $5.0M | 1.4% | +4.3% |
| LLY ELI LILLY & CO | Healthcare | 5.2K | $4.8M | 1.3% | +0.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 32.2K | $4.7M | 1.3% | +0.9% |
| CVX CHEVRON CORP | Energy | 22.1K | $4.6M | 1.3% | -0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 14.5K | $4.3M | 1.2% | -3.2% |
| HD HOME DEPOT INC | Consumer discretionary | 12.6K | $4.1M | 1.1% | -0.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 23.7K | $3.9M | 1.1% | 0.0% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 12.8K | $3.7M | 1.0% | -0.4% |
| CAT CATERPILLAR INC | Industrials | 4.4K | $3.1M | 0.9% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 39.3K | $3.0M | 0.8% | -1.9% |
| PEP PEPSICO INC | Consumer staples | 18.0K | $2.8M | 0.8% | -5.2% |
| CSX CSX CORP | Industrials | 66.4K | $2.7M | 0.8% | +0.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 12.7K | $2.7M | 0.7% | +3.3% |
| MRK MERCK & CO. INC. | Healthcare | 21.3K | $2.6M | 0.7% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.9K | $2.3M | 0.6% | -0.2% |
| AXP AMERICAN EXPRESS CO | Financials | 7.5K | $2.3M | 0.6% | -3.1% |
| NVDA NVIDIA CORP | Technology | 12.5K | $2.2M | 0.6% | +7.5% |
| PFE PFIZER INC | Healthcare | 76.2K | $2.1M | 0.6% | +16.9% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.5K | $2.1M | 0.6% | +13.4% |
| GE GENERAL ELECTRIC | Industrials | 7.3K | $2.1M | 0.6% | Held |
| GOOG ALPHABET INC-CL C | Technology | 7.2K | $2.1M | 0.6% | -13.8% |
| LOW LOWE'S COS INC | Consumer discretionary | 8.6K | $2.0M | 0.6% | -0.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 8.1K | $2.0M | 0.5% | +8.9% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 39.0K | $2.0M | 0.5% | Held |
| BAC BANK OF AMERICA CORP | Financials | 39.6K | $1.9M | 0.5% | -0.3% |
| DUK DUKE ENERGY CORP | Utilities | 14.2K | $1.9M | 0.5% | Held |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 10.2K | $1.9M | 0.5% | -0.6% |
| RTX RTX CORP | Industrials | 9.7K | $1.9M | 0.5% | -0.9% |
| NEE NEXTERA ENERGY INC | Utilities | 19.4K | $1.8M | 0.5% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 3.1K | $1.8M | 0.5% | -4.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.7K | $1.7M | 0.5% | -5.4% |
| WFC WELLS FARGO & CO | Financials | 20.8K | $1.7M | 0.5% | Held |
| MO ALTRIA GROUP INC | Consumer staples | 24.7K | $1.6M | 0.5% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 7.0K | $1.6M | 0.4% | -2.6% |
| GEV GE VERNOVA INC | Industrials | 1.8K | $1.6M | 0.4% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.8K | $1.5M | 0.4% | -0.2% |
| ABT ABBOTT LABORATORIES | Healthcare | 14.3K | $1.5M | 0.4% | -0.2% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 4.5K | $1.5M | 0.4% | Held |
| AEP AMERICAN ELECTRIC POWER | Utilities | 11.1K | $1.5M | 0.4% | -0.4% |
| T AT&T INC | Communications | 48.1K | $1.4M | 0.4% | +0.6% |
| ORCL ORACLE CORP | Technology | 8.9K | $1.3M | 0.4% | -1.1% |
| WM WASTE MANAGEMENT INC | Utilities | 5.5K | $1.3M | 0.4% | -2.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 368 | $361.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 353 | $362.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 458 | $465.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 462 | $446.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 29, 2025 | 451 | $415.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 447 | $421.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 454 | $430.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 447 | $411.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 197 | $132.8M | 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