FIFTH THIRD BANCORP

Diversified mechanical Mechanical CIK 35527
League rank
#84
in Diversified mechanical · #1891 overall
Long book
$54.72B
Q1 2026
Positions
4275
Top-10 weight
29%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
41%
of book per quarter

Strategy in plain words

auto-generated from filings

FIFTH THIRD BANCORP is a mechanically diversified allocator, running a $54.72B US long book across 4275 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, ISHARES CORE S&P 500 ETF, ELI LILLY & CO, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 4 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
+4.1%
Q2 2024
+6.0%
Q3 2024
+1.8%
Q4 2024
-4.3%
Q1 2025
+10.7%
Q2 2025
+8.4%
Q3 2025
+2.8%
Q4 2025
-3.6%
Q1 2026
+14.4%

Sector allocation

Technology
36%
Healthcare
12%
Financials
12%
Industrials
11%
Consumer discretionary
10%
Services media
4%
Energy
4%
Other
4%

Long book by quarter

$25.56B
Q1 2024
$26.26B
Q2 2024
$27.61B
Q3 2024
$27.57B
Q4 2024
$26.31B
Q1 2025
$28.93B
Q2 2025
$31.28B
Q3 2025
$31.48B
Q4 2025
$54.72B
Q1 2026

What does FIFTH THIRD own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology13.6M$2.37B4.3%+37.9%
AAPL APPLE INCTechnology9.2M$2.33B4.2%+53.3%
LLY ELI LILLY & COHealthcare2.0M$1.81B3.3%+321.3%
MSFT MICROSOFT CORPTechnology4.6M$1.69B3.1%+59.1%
GOOGL ALPHABET INC-CL ATechnology5.0M$1.44B2.6%+30.7%
AMZN AMAZON.COM INCConsumer discretionary5.8M$1.21B2.2%+46.1%
AVGO BROADCOM INCTechnology3.7M$1.16B2.1%+35.5%
JPM JPMORGAN CHASE & COFinancials3.3M$973.0M1.8%+46.7%
META META PLATFORMS INC-CLASS ATechnology1.2M$687.8M1.3%+50.1%
GOOG ALPHABET INC-CL CTechnology2.1M$610.1M1.1%+80.3%
XOM EXXON MOBIL CORPEnergy3.4M$572.0M1.0%+63.3%
JNJ JOHNSON & JOHNSONHealthcare2.0M$481.5M0.9%+69.0%
HD HOME DEPOT INCConsumer discretionary1.5M$479.3M0.9%+59.1%
ABBV ABBVIE INCHealthcare2.2M$478.0M0.9%+47.4%
WMT WALMART INCConsumer discretionary3.7M$462.6M0.8%+55.2%
MA MASTERCARD INC - AServices media871.6K$435.5M0.8%+25.7%
CAT CATERPILLAR INCIndustrials591.4K$419.0M0.8%+17.3%
PG PROCTER & GAMBLE CO/THEOther2.8M$402.0M0.7%+33.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials822.9K$394.3M0.7%+57.8%
COST COSTCO WHOLESALE CORPConsumer discretionary338.0K$336.8M0.6%+50.7%
CVX CHEVRON CORPEnergy1.6M$332.8M0.6%+104.1%
BAC BANK OF AMERICA CORPFinancials6.7M$328.7M0.6%+36.5%
CSCO CISCO SYSTEMS INCTechnology3.8M$297.6M0.5%+71.4%
MS MORGAN STANLEYFinancials1.8M$296.2M0.5%+17.4%
TSLA TESLA INCIndustrials788.2K$293.0M0.5%+83.5%
V VISA INC-CLASS A SHARESServices media937.5K$283.4M0.5%+125.0%
GS GOLDMAN SACHS GROUP INCFinancials293.1K$248.0M0.5%+35.5%
PANW PALO ALTO NETWORKS INCTechnology1.5M$247.3M0.5%+10.7%
MCD MCDONALD'S CORPConsumer discretionary764.0K$237.4M0.4%+39.0%
RTX RTX CORPIndustrials1.2M$228.7M0.4%+134.5%
KO COCA-COLA CO/THEConsumer staples3.0M$228.1M0.4%+76.5%
NEE NEXTERA ENERGY INCUtilities2.4M$219.7M0.4%+47.8%
AMAT APPLIED MATERIALS INCTechnology641.8K$219.4M0.4%+34.2%
ORCL ORACLE CORPTechnology1.5M$214.5M0.4%+16.3%
TJX TJX COMPANIES INCConsumer discretionary1.3M$212.4M0.4%+48.4%
TMO THERMO FISHER SCIENTIFIC INCOther418.3K$205.6M0.4%+27.2%
ABT ABBOTT LABORATORIESHealthcare1.9M$195.7M0.4%+49.1%
UNP UNION PACIFIC CORPIndustrials793.8K$192.6M0.4%+40.4%
NFLX NETFLIX INCServices media2.0M$192.3M0.4%+73.6%
MRK MERCK & CO. INC.Healthcare1.5M$185.7M0.3%+162.1%
GE GENERAL ELECTRICIndustrials620.1K$176.0M0.3%+53.4%
ETN EATON CORP PLCIndustrials480.9K$172.0M0.3%-1.4%
PNC PNC FINANCIAL SERVICES GROUPFinancials817.6K$170.1M0.3%+17.5%
PH PARKER HANNIFIN CORPIndustrials188.8K$169.0M0.3%+25.0%
WFC WELLS FARGO & COFinancials2.1M$168.5M0.3%+50.2%
AMGN AMGEN INCHealthcare461.2K$162.3M0.3%+57.2%
PM PHILIP MORRIS INTERNATIONALConsumer staples973.4K$160.9M0.3%+70.3%
PEP PEPSICO INCConsumer staples1.0M$159.5M0.3%+80.2%
TXN TEXAS INSTRUMENTS INCTechnology814.3K$158.1M0.3%+76.3%
HON HONEYWELL INTERNATIONAL INCIndustrials695.3K$157.2M0.3%+42.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 1, 20264303$54.72B canonicalSEC ↗
Q4 202513F-HRFeb 2, 20262633$31.48B canonicalSEC ↗
Q3 202513F-HRNov 7, 20252662$31.28B canonicalSEC ↗
Q2 202513F-HRJul 15, 20252558$28.93B canonicalSEC ↗
Q1 202513F-HRApr 15, 20252520$26.31B canonicalSEC ↗
Q4 202413F-HRJan 21, 20252507$27.57B canonicalSEC ↗
Q3 202413F-HROct 17, 20242535$27.61B canonicalSEC ↗
Q2 202413F-HRJul 22, 20242450$26.26B canonicalSEC ↗
Q1 202413F-HRApr 23, 20242360$25.56B canonicalSEC ↗