ELCO Management Co., LLC
Long book
$208.4M
Q1 2026
Positions
170
Top-10 weight
41%
concentration
Last quarter
+7.4%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsELCO Management Co., LLC is a diversified fundamental manager, running a $208.4M US long book across 170 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: WILLIAMS COS INC, CHENIERE ENERGY INC, TARGA RESOURCES CORP, ENERGY TRANSFER LP, APPLE INC.
Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 4 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
+4.0%
Q2 2024
+5.9%
Q3 2024
+6.2%
Q4 2024
+0.1%
Q1 2025
+4.5%
Q2 2025
+4.5%
Q3 2025
+2.3%
Q4 2025
+3.4%
Q1 2026
+7.4%
Sector allocation
Utilities 37%
Technology 17%
Energy 11%
Financials 9%
Consumer discretionary 6%
Industrials 6%
Healthcare 5%
Materials 3%
Long book by quarter
What does ELCO Management own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WMB WILLIAMS COS INC | Utilities | 182.0K | $13.2M | 6.4% | +38.8% |
| LNG CHENIERE ENERGY INC | Utilities | 46.1K | $13.1M | 6.3% | +48.1% |
| TRGP TARGA RESOURCES CORP | Utilities | 49.4K | $12.4M | 5.9% | +96.7% |
| ET ENERGY TRANSFER LP | Utilities | 497.6K | $9.6M | 4.6% | +81.5% |
| AAPL APPLE INC | Technology | 29.5K | $7.5M | 3.6% | -1.0% |
| GOOG ALPHABET INC-CL C | Technology | 25.2K | $7.2M | 3.5% | -3.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 29.3K | $6.1M | 2.9% | -2.0% |
| NVDA NVIDIA CORP | Technology | 31.1K | $5.4M | 2.6% | +50.0% |
| MSFT MICROSOFT CORP | Technology | 14.5K | $5.4M | 2.6% | +9.9% |
| MPLX MPLX LP | Energy | 82.2K | $4.7M | 2.3% | +215.3% |
| HXL HEXCEL CORP | Materials | 56.6K | $4.6M | 2.2% | +25.6% |
| ABBV ABBVIE INC | Healthcare | 17.1K | $3.7M | 1.8% | -0.3% |
| PAA PLAINS ALL AMER PIPELINE LP | Energy | 159.6K | $3.6M | 1.7% | +892.4% |
| GEL GENESIS ENERGY L.P. | Energy | 170.0K | $3.0M | 1.5% | +256.5% |
| JPM JPMORGAN CHASE & CO | Financials | 8.8K | $2.6M | 1.2% | +0.8% |
| HD HOME DEPOT INC | Consumer discretionary | 7.4K | $2.4M | 1.2% | -1.7% |
| NGL NGL ENERGY PARTNERS LP | Utilities | 191.6K | $2.4M | 1.1% | New |
| HUBB HUBBELL INC | Technology | 4.4K | $2.2M | 1.0% | -2.8% |
| NEE NEXTERA ENERGY INC | Utilities | 22.9K | $2.1M | 1.0% | +6.1% |
| RTX RTX CORP | Industrials | 11.0K | $2.1M | 1.0% | -3.1% |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 50.1K | $2.1M | 1.0% | New |
| EQT EQT CORP | Energy | 31.5K | $2.0M | 1.0% | +253.7% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 51.3K | $1.9M | 0.9% | +129.9% |
| GLW CORNING INC | Industrials | 13.3K | $1.8M | 0.9% | -7.3% |
| AWK AMERICAN WATER WORKS CO INC | Utilities | 13.2K | $1.8M | 0.9% | +13.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 17.3K | $1.8M | 0.9% | Held |
| SUN SUNOCO LP | Energy | 27.1K | $1.8M | 0.8% | -2.5% |
| NEXT NEXTDECADE CORP | Utilities | 228.3K | $1.7M | 0.8% | +112.2% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 7.7K | $1.7M | 0.8% | -2.6% |
| CLMT CALUMET INC | Energy | 39.1K | $1.4M | 0.7% | +275.4% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 8.8K | $1.4M | 0.7% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 8.5K | $1.2M | 0.6% | +1.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.9K | $1.2M | 0.6% | -2.0% |
| CL COLGATE-PALMOLIVE CO | Other | 13.5K | $1.2M | 0.6% | Held |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 3.4K | $1.1M | 0.5% | -3.0% |
| PRI PRIMERICA INC | Financials | 4.0K | $1.0M | 0.5% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 13.7K | $984K | 0.5% | +10.5% |
| FRST PRIMIS FINANCIAL CORP | Financials | 72.3K | $961K | 0.5% | +11.1% |
| VBNK VERSABANK | Financials | 67.3K | $953K | 0.5% | -4.3% |
| DIS WALT DISNEY CO/THE | Services media | 9.7K | $932K | 0.4% | +4.3% |
| XYL XYLEM INC | Industrials | 7.6K | $906K | 0.4% | +8.8% |
| GOOGL ALPHABET INC-CL A | Technology | 3.1K | $906K | 0.4% | +12.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 2.9K | $889K | 0.4% | -2.4% |
| BX BLACKSTONE INC | Financials | 7.7K | $881K | 0.4% | New |
| OKE ONEOK INC | Utilities | 9.4K | $852K | 0.4% | +4.3% |
| CSX CSX CORP | Industrials | 20.7K | $851K | 0.4% | -2.4% |
| BA BOEING CO/THE | Industrials | 4.0K | $801K | 0.4% | -28.2% |
| ILMN ILLUMINA INC | Healthcare | 6.3K | $774K | 0.4% | -12.5% |
| CMI CUMMINS INC | Industrials | 1.4K | $767K | 0.4% | -4.0% |
| PFE PFIZER INC | Healthcare | 26.8K | $753K | 0.4% | -2.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 24, 2026 | 181 | $208.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 167 | $158.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 193 | $191.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 186 | $190.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 184 | $180.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 199 | $190.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 191 | $185.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 170 | $171.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 168 | $164.2M | canonical | SEC ↗ |
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