Cerity Partners LLC
Long book
$70.53B
Q1 2026
Positions
3080
Top-10 weight
24%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsCerity Partners LLC is a mechanically diversified allocator, running a $70.53B US long book across 3080 positions.
The portfolio is broadly diversified across 3080 positions (top 10 only 24%). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD S&P 500 ETF, APPLE INC, NVIDIA CORP, ISHARES CORE S&P 500 ETF, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+5.6%
Q3 2024
+0.5%
Q4 2024
-2.1%
Q1 2025
+9.0%
Q2 2025
+7.2%
Q3 2025
+2.6%
Q4 2025
-2.5%
Q1 2026
+12.5%
Sector allocation
Technology 37%
Financials 12%
Industrials 11%
Healthcare 10%
Consumer discretionary 10%
Other 5%
Services media 5%
Utilities 3%
Long book by quarter
What does Cerity Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 9.4M | $2.38B | 3.4% | +2.8% |
| NVDA NVIDIA CORP | Technology | 13.0M | $2.27B | 3.2% | +3.5% |
| MSFT MICROSOFT CORP | Technology | 4.1M | $1.52B | 2.2% | +7.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.0M | $1.03B | 1.5% | +4.6% |
| GOOGL ALPHABET INC-CL A | Technology | 3.5M | $1.02B | 1.4% | +0.9% |
| GOOG ALPHABET INC-CL C | Technology | 3.4M | $974.0M | 1.4% | +1.0% |
| AVGO BROADCOM INC | Technology | 3.0M | $933.7M | 1.3% | +1.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.2M | $895.4M | 1.3% | +1.3% |
| META META PLATFORMS INC-CLASS A | Technology | 1.2M | $688.0M | 1.0% | +10.1% |
| LLY ELI LILLY & CO | Healthcare | 732.5K | $673.8M | 1.0% | +3.4% |
| JPM JPMORGAN CHASE & CO | Financials | 2.1M | $616.2M | 0.9% | +2.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.8M | $451.4M | 0.6% | +2.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 433.6K | $432.1M | 0.6% | +6.9% |
| WMT WALMART INC | Consumer discretionary | 3.1M | $389.7M | 0.6% | -1.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 808.6K | $387.5M | 0.5% | +3.4% |
| XOM EXXON MOBIL CORP | Energy | 2.2M | $371.7M | 0.5% | +4.7% |
| V VISA INC-CLASS A SHARES | Services media | 1.1M | $346.6M | 0.5% | +1.2% |
| ABBV ABBVIE INC | Healthcare | 1.2M | $264.3M | 0.4% | +1.3% |
| CVX CHEVRON CORP | Energy | 1.3M | $258.9M | 0.4% | +3.9% |
| HD HOME DEPOT INC | Consumer discretionary | 777.3K | $255.7M | 0.4% | +2.0% |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.6M | $252.4M | 0.4% | -47.5% |
| RTX RTX CORP | Industrials | 1.2M | $233.3M | 0.3% | +0.2% |
| TSLA TESLA INC | Industrials | 613.0K | $228.0M | 0.3% | -43.3% |
| CSCO CISCO SYSTEMS INC | Technology | 2.6M | $202.1M | 0.3% | +1.5% |
| BAC BANK OF AMERICA CORP | Financials | 4.1M | $201.4M | 0.3% | -3.2% |
| ITW ILLINOIS TOOL WORKS | Industrials | 760.3K | $197.9M | 0.3% | -9.7% |
| MA MASTERCARD INC - A | Services media | 395.7K | $197.7M | 0.3% | -1.6% |
| MRK MERCK & CO. INC. | Healthcare | 1.6M | $197.2M | 0.3% | -4.6% |
| CAT CATERPILLAR INC | Industrials | 275.4K | $195.2M | 0.3% | +1.7% |
| APH AMPHENOL CORP-CL A | Technology | 1.4M | $178.2M | 0.3% | +4.3% |
| ORCL ORACLE CORP | Technology | 1.2M | $172.4M | 0.2% | -1.0% |
| PANW PALO ALTO NETWORKS INC | Technology | 1.0M | $165.9M | 0.2% | +9.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 1.6M | $163.0M | 0.2% | +0.5% |
| PEP PEPSICO INC | Consumer staples | 1.0M | $160.7M | 0.2% | -0.4% |
| BLK BLACKROCK INC | Financials | 166.7K | $160.3M | 0.2% | +13.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 515.1K | $160.1M | 0.2% | +2.0% |
| GS GOLDMAN SACHS GROUP INC | Financials | 183.4K | $155.1M | 0.2% | -1.6% |
| AMGN AMGEN INC | Healthcare | 433.6K | $152.5M | 0.2% | +5.3% |
| GE GENERAL ELECTRIC | Industrials | 537.5K | $152.5M | 0.2% | +11.5% |
| KLAC KLA CORP | Other | 100.3K | $147.6M | 0.2% | -1.6% |
| NFLX NETFLIX INC | Services media | 1.5M | $144.6M | 0.2% | +12.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 7531 | $70.83B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 6772 | $68.62B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 2739 | $61.67B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 2626 | $56.08B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 2474 | $49.37B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 2415 | $46.10B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 2526 | $45.17B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 2221 | $37.98B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 2286 | $37.86B | canonical | SEC ↗ |
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