Cypress Capital Management LLC (WY)

Fundamental diversified ★Signal CIK 1633896
League rank
#718
in Fundamental diversified · #5878 overall
Long book
$108.1M
Q1 2026
Positions
205
Top-10 weight
51%
concentration
Last quarter
+9.0%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

Cypress Capital Management LLC (WY) is a diversified fundamental manager, running a $108.1M US long book across 205 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: APPLE INC, EATON VANCE TAX-MGD DIV EQTY, NUVEEN NASDAQ 100 DYN OVERWR, BLACKROCK ENRGY & RES TR, COSTCO WHOLESALE CORP.

Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 6 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
+4.8%
Q2 2024
+6.5%
Q3 2024
-2.0%
Q4 2024
+1.4%
Q1 2025
+5.4%
Q2 2025
+10.6%
Q3 2025
+4.0%
Q4 2025
+1.2%
Q1 2026
+9.0%

Sector allocation

Technology
43%
Materials
14%
Financials
9%
Energy
8%
Consumer discretionary
8%
Consumer staples
5%
Services media
4%
Industrials
4%

Long book by quarter

$93.8M
Q1 2024
$93.9M
Q2 2024
$92.5M
Q3 2024
$87.4M
Q4 2024
$83.7M
Q1 2025
$92.1M
Q2 2025
$108.4M
Q3 2025
$107.7M
Q4 2025
$108.1M
Q1 2026

What does Cypress Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology81.8K$20.8M19.2%-0.4%
COST COSTCO WHOLESALE CORPConsumer discretionary4.4K$4.4M4.1%-2.8%
CCJ CAMECO CORPMaterials26.4K$2.9M2.6%+0.1%
XOM EXXON MOBIL CORPEnergy16.0K$2.7M2.5%-0.3%
JPM JPMORGAN CHASE & COFinancials8.4K$2.5M2.3%+0.5%
PM PHILIP MORRIS INTERNATIONALConsumer staples14.9K$2.5M2.3%-0.2%
AEM AGNICO EAGLE MINES LTDMaterials11.1K$2.3M2.1%-0.8%
CLS CELESTICA INCTechnology7.9K$2.2M2.0%-2.4%
FIBK FIRST INTERSTATE BANCSYS-AFinancials62.2K$2.1M1.9%-8.2%
SCCO SOUTHERN COPPER CORPMaterials11.3K$1.9M1.8%-0.7%
CVX CHEVRON CORPEnergy8.7K$1.8M1.7%-1.1%
NVDA NVIDIA CORPTechnology10.0K$1.7M1.6%-0.3%
V VISA INC-CLASS A SHARESServices media5.6K$1.7M1.6%-1.0%
GOOGL ALPHABET INC-CL ATechnology5.1K$1.5M1.4%-2.6%
AMD ADVANCED MICRO DEVICESTechnology6.9K$1.4M1.3%-1.0%
AGI ALAMOS GOLD INC-CLASS AMaterials28.3K$1.3M1.2%-58.9%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology8.4K$1.2M1.1%-1.1%
GE GENERAL ELECTRICIndustrials4.1K$1.2M1.1%+25581.3%
EQT EQT CORPEnergy18.0K$1.1M1.1%-1.2%
MP MP MATERIALS CORPMaterials18.7K$901K0.8%-1.0%
CELH CELSIUS HOLDINGS INCConsumer staples25.0K$888K0.8%-3.9%
AER AERCAP HOLDINGS NVServices media6.3K$870K0.8%-1.2%
MSFT MICROSOFT CORPTechnology2.3K$866K0.8%+1.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.7%Held
AMZN AMAZON.COM INCConsumer discretionary3.4K$712K0.7%+2.4%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities13.7K$518K0.5%+8.6%
SMR NUSCALE POWER CORPIndustrials42.2K$457K0.4%-1.0%
PCT PURECYCLE TECHNOLOGIES INCMaterials73.2K$380K0.4%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials678$325K0.3%+26.3%
ET ENERGY TRANSFER LPUtilities12.9K$250K0.2%+4.3%
YDES YD BIO LTDHealthcare30.7K$236K0.2%+11.4%
COLL COLLEGIUM PHARMACEUTICAL INCHealthcare7.1K$234K0.2%New
PG PROCTER & GAMBLE CO/THEOther1.6K$229K0.2%Held
ABT ABBOTT LABORATORIESHealthcare2.2K$225K0.2%Held
RACE FERRARI NVIndustrials650$220K0.2%Held
FCFS FIRSTCASH HOLDINGS INCConsumer discretionary1.1K$207K0.2%New
MO ALTRIA GROUP INCConsumer staples2.9K$191K0.2%Held
HON HONEYWELL INTERNATIONAL INCIndustrials828$187K0.2%-6.4%
PCAR PACCAR INCIndustrials1.6K$186K0.2%New
MCD MCDONALD'S CORPConsumer discretionary535$166K0.2%Held
USB US BANCORPFinancials3.1K$161K0.1%Held
JNJ JOHNSON & JOHNSONHealthcare611$149K0.1%-5.9%
RSG REPUBLIC SERVICES INCUtilities680$149K0.1%Held
CRM SALESFORCE INCTechnology740$138K0.1%-6.6%
PEP PEPSICO INCConsumer staples774$120K0.1%-7.6%
NFLX NETFLIX INCServices media1.2K$119K0.1%Held
GRAL GRAIL INCHealthcare2.3K$119K0.1%Held
DGX QUEST DIAGNOSTICS INCHealthcare600$118K0.1%Held
NRIM NORTHRIM BANCORP INCFinancials4.5K$102K0.1%+103.1%
MMM 3M COHealthcare661$96K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026205$108.1M canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026207$107.7M canonicalSEC ↗
Q3 202513F-HRNov 3, 2025179$108.4M canonicalSEC ↗
Q2 202513F-HRAug 7, 2025173$92.1M canonicalSEC ↗
Q1 202513F-HRMay 5, 2025163$83.7M canonicalSEC ↗
Q4 202413F-HRJan 23, 2025150$87.4M canonicalSEC ↗
Q3 202413F-HRNov 5, 2024162$92.5M canonicalSEC ↗
Q2 202413F-HRAug 5, 2024167$93.9M canonicalSEC ↗
Q1 202413F-HRMay 9, 2024170$93.8M canonicalSEC ↗