FORBES J M & CO LLP
Long book
$1.18B
Q1 2026
Positions
150
Top-10 weight
44%
concentration
Last quarter
+9.8%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsFORBES J M & CO LLP is an institutional manager, running a $1.18B US long book across 150 positions.
The portfolio is moderately concentrated (top 10 ≈ 44% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES GOLD TRUST, NVIDIA CORP, ALPHABET INC-CL A, APPLE INC, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 5 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
+4.6%
Q2 2024
+5.6%
Q3 2024
+1.7%
Q4 2024
-2.4%
Q1 2025
+9.2%
Q2 2025
+9.0%
Q3 2025
+3.0%
Q4 2025
-2.2%
Q1 2026
+9.8%
Sector allocation
Technology 41%
Consumer discretionary 12%
Healthcare 12%
Financials 10%
Industrials 7%
Consumer staples 4%
Other 3%
Services media 3%
Long book by quarter
What does FORBES J own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 414.9K | $72.4M | 6.1% | +0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 228.7K | $65.8M | 5.6% | +0.5% |
| AAPL APPLE INC | Technology | 248.5K | $63.1M | 5.3% | +0.9% |
| MSFT MICROSOFT CORP | Technology | 157.1K | $58.1M | 4.9% | -0.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 191.1K | $39.8M | 3.4% | +0.5% |
| AVGO BROADCOM INC | Technology | 118.8K | $36.8M | 3.1% | +0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 99.6K | $29.3M | 2.5% | +1.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 117.6K | $28.8M | 2.4% | +0.8% |
| WMT WALMART INC | Consumer discretionary | 186.2K | $23.1M | 2.0% | +0.5% |
| BAC BANK OF AMERICA CORP | Financials | 467.0K | $22.8M | 1.9% | +0.6% |
| MRK MERCK & CO. INC. | Healthcare | 171.8K | $20.7M | 1.7% | +0.5% |
| NEE NEXTERA ENERGY INC | Utilities | 219.5K | $20.4M | 1.7% | +0.4% |
| V VISA INC-CLASS A SHARES | Services media | 67.2K | $20.3M | 1.7% | +0.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 125.6K | $20.1M | 1.7% | +0.2% |
| LIN LINDE PLC | Materials | 39.0K | $19.3M | 1.6% | +1.2% |
| KO COCA-COLA CO/THE | Consumer staples | 250.7K | $19.1M | 1.6% | +0.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 120.4K | $17.4M | 1.5% | +1.3% |
| ETN EATON CORP PLC | Industrials | 40.6K | $14.5M | 1.2% | +1.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 141.2K | $14.5M | 1.2% | +1.2% |
| PEP PEPSICO INC | Consumer staples | 91.9K | $14.3M | 1.2% | +0.3% |
| UNP UNION PACIFIC CORP | Industrials | 56.1K | $13.6M | 1.2% | +0.4% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 82.0K | $12.9M | 1.1% | +1.3% |
| EMR EMERSON ELECTRIC CO | Industrials | 97.5K | $12.8M | 1.1% | +1.7% |
| LLY ELI LILLY & CO | Healthcare | 11.8K | $10.9M | 0.9% | +0.6% |
| XYL XYLEM INC | Industrials | 87.2K | $10.4M | 0.9% | +0.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 203.8K | $10.2M | 0.9% | +1.3% |
| PGR PROGRESSIVE CORP | Financials | 49.7K | $9.9M | 0.8% | +1.0% |
| CSCO CISCO SYSTEMS INC | Technology | 123.8K | $9.6M | 0.8% | +1.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 39.6K | $9.6M | 0.8% | -44.5% |
| ECL ECOLAB INC | Other | 34.2K | $9.1M | 0.8% | +0.5% |
| ANET ARISTA NETWORKS INC | Technology | 72.8K | $8.9M | 0.8% | +0.8% |
| HD HOME DEPOT INC | Consumer discretionary | 25.6K | $8.4M | 0.7% | +1.3% |
| APH AMPHENOL CORP-CL A | Technology | 62.8K | $7.9M | 0.7% | New |
| XOM EXXON MOBIL CORP | Energy | 44.8K | $7.6M | 0.6% | -0.3% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 74.9K | $6.9M | 0.6% | +0.7% |
| ZTS ZOETIS INC | Healthcare | 55.9K | $6.6M | 0.6% | +0.8% |
| META META PLATFORMS INC-CLASS A | Technology | 11.2K | $6.4M | 0.5% | +0.2% |
| DNA GINKGO BIOWORKS HOLDINGS INC | Healthcare | 1.0M | $6.3M | 0.5% | -1.2% |
| PANW PALO ALTO NETWORKS INC | Technology | 39.0K | $6.3M | 0.5% | +1.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 12.9K | $6.2M | 0.5% | +4.2% |
| BDX BECTON DICKINSON AND CO | Healthcare | 36.4K | $5.7M | 0.5% | +1.1% |
| TSLA TESLA INC | Industrials | 13.4K | $5.0M | 0.4% | +0.2% |
| GOOG ALPHABET INC-CL C | Technology | 16.7K | $4.8M | 0.4% | +4.3% |
| ABBV ABBVIE INC | Healthcare | 14.4K | $3.1M | 0.3% | +7.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.4K | $2.4M | 0.2% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 7.5K | $2.3M | 0.2% | +2.7% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 9.6K | $2.0M | 0.2% | +2.1% |
| MA MASTERCARD INC - A | Services media | 3.8K | $1.9M | 0.2% | +3.1% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 7.6K | $1.7M | 0.1% | -3.2% |
| RTX RTX CORP | Industrials | 7.4K | $1.4M | 0.1% | -1.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 153 | $1.18B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 144 | $1.24B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 143 | $1.20B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 144 | $1.09B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 142 | $1.03B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 145 | $1.04B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 142 | $1.02B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 138 | $975.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 11, 2024 | 135 | $922.6M | canonical | SEC ↗ |
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