Costello Asset Management, INC
Long book
$289.2M
Q1 2026
Positions
685
Top-10 weight
51%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsCostello Asset Management, INC is an institutional manager, running a $289.2M US long book across 685 positions.
The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: AMAZON.COM INC, APPLE INC, NVIDIA CORP, ALPHABET INC-CL A, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 4 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
-0.6%
Q2 2024
+5.1%
Q3 2024
-0.5%
Q4 2024
-2.7%
Q1 2025
+9.2%
Q2 2025
+8.2%
Q3 2025
+3.8%
Q4 2025
-4.1%
Q1 2026
+10.6%
Sector allocation
Technology 37%
Consumer discretionary 16%
Healthcare 11%
Services media 8%
Industrials 7%
Financials 7%
Utilities 5%
Consumer staples 3%
Long book by quarter
What does Costello Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 112.4K | $23.4M | 8.1% | -0.7% |
| AAPL APPLE INC | Technology | 90.4K | $22.9M | 7.9% | +0.5% |
| NVDA NVIDIA CORP | Technology | 122.2K | $21.3M | 7.4% | -2.2% |
| GOOGL ALPHABET INC-CL A | Technology | 59.2K | $17.0M | 5.9% | -4.9% |
| MSFT MICROSOFT CORP | Technology | 39.7K | $14.7M | 5.1% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 47.0K | $13.5M | 4.7% | -4.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 46.0K | $11.2M | 3.9% | +5.6% |
| LLY ELI LILLY & CO | Healthcare | 10.0K | $9.2M | 3.2% | +15.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 16.1K | $7.7M | 2.7% | -0.5% |
| V VISA INC-CLASS A SHARES | Services media | 25.6K | $7.7M | 2.7% | +2.0% |
| NFLX NETFLIX INC | Services media | 71.9K | $6.9M | 2.4% | +0.7% |
| QXO QXO INC | Consumer discretionary | 249.0K | $4.8M | 1.7% | +6.7% |
| MCK MCKESSON CORP | Consumer discretionary | 5.1K | $4.5M | 1.5% | -2.3% |
| ARTNA ARTESIAN RESOURCES CORP-CL A | Utilities | 131.5K | $4.2M | 1.4% | -6.1% |
| UBER UBER TECHNOLOGIES INC | Services media | 57.8K | $4.2M | 1.4% | -11.3% |
| CB CHUBB LTD | Financials | 12.5K | $4.1M | 1.4% | -3.5% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 39.2K | $4.0M | 1.4% | +11790.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 16.2K | $3.7M | 1.3% | -3.2% |
| CSX CSX CORP | Industrials | 84.6K | $3.5M | 1.2% | -9.9% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 54.0K | $3.4M | 1.2% | -6.8% |
| CVX CHEVRON CORP | Energy | 16.3K | $3.4M | 1.2% | -2.2% |
| CEG CONSTELLATION ENERGY | Utilities | 11.4K | $3.2M | 1.1% | -25.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 19.0K | $3.0M | 1.1% | -7.0% |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 50.3K | $2.9M | 1.0% | -1.2% |
| PEP PEPSICO INC | Consumer staples | 17.8K | $2.8M | 1.0% | 0.0% |
| WMT WALMART INC | Consumer discretionary | 21.1K | $2.6M | 0.9% | -1.2% |
| JPM JPMORGAN CHASE & CO | Financials | 8.6K | $2.5M | 0.9% | +10.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 41.3K | $2.1M | 0.7% | +6.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.0K | $1.9M | 0.7% | +3.1% |
| PFE PFIZER INC | Healthcare | 67.1K | $1.9M | 0.7% | -2.8% |
| MRK MERCK & CO. INC. | Healthcare | 14.6K | $1.8M | 0.6% | -5.4% |
| MELI MERCADOLIBRE INC | Services media | 891 | $1.5M | 0.5% | -9.3% |
| META META PLATFORMS INC-CLASS A | Technology | 2.7K | $1.5M | 0.5% | -0.9% |
| GEV GE VERNOVA INC | Industrials | 1.4K | $1.3M | 0.4% | +8.7% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 12.8K | $1.2M | 0.4% | +0.3% |
| NEE NEXTERA ENERGY INC | Utilities | 12.9K | $1.2M | 0.4% | +0.6% |
| AWK AMERICAN WATER WORKS CO INC | Utilities | 6.7K | $909K | 0.3% | +0.3% |
| MA MASTERCARD INC - A | Services media | 1.7K | $868K | 0.3% | Held |
| EXC EXELON CORP | Utilities | 17.2K | $843K | 0.3% | 0.0% |
| VST VISTRA CORP | Utilities | 5.5K | $823K | 0.3% | -1.6% |
| WTRG ESSENTIAL UTILITIES INC | Utilities | 19.0K | $764K | 0.3% | -0.4% |
| AVGO BROADCOM INC | Technology | 2.4K | $746K | 0.3% | +9.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 4.9K | $715K | 0.2% | -2.3% |
| AXP AMERICAN EXPRESS CO | Financials | 2.3K | $696K | 0.2% | +154.3% |
| DUK DUKE ENERGY CORP | Utilities | 5.2K | $682K | 0.2% | +7.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.1K | $669K | 0.2% | +897.3% |
| CAT CATERPILLAR INC | Industrials | 895 | $634K | 0.2% | +1.7% |
| VRT VERTIV HOLDINGS CO-A | Technology | 2.5K | $626K | 0.2% | -39.1% |
| FDX FEDEX CORP | Industrials | 1.7K | $606K | 0.2% | Held |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 9.0K | $601K | 0.2% | +18.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 685 | $289.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 691 | $302.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 665 | $298.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 687 | $266.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 682 | $246.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 188 | $155.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 194 | $149.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 171 | $134.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 174 | $139.8M | canonical | SEC ↗ |
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