FRANKLIN STREET ADVISORS INC /NC

Fundamental diversified ★Signal CIK 1010873
League rank
#638
in Fundamental diversified · #4821 overall
Long book
$1.63B
Q1 2026
Positions
172
Top-10 weight
46%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

FRANKLIN STREET ADVISORS INC /NC is a diversified fundamental manager, running a $1.63B US long book across 172 positions.

The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL C, BROADCOM INC.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 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
+3.3%
Q2 2024
+6.3%
Q3 2024
+2.4%
Q4 2024
-5.7%
Q1 2025
+13.6%
Q2 2025
+8.5%
Q3 2025
+1.0%
Q4 2025
-6.3%
Q1 2026
+10.4%

Sector allocation

Technology
40%
Financials
17%
Consumer discretionary
11%
Industrials
9%
Healthcare
6%
Other
5%
Materials
4%
Energy
3%

Long book by quarter

$1.35B
Q1 2024
$1.40B
Q2 2024
$1.48B
Q3 2024
$1.50B
Q4 2024
$1.42B
Q1 2025
$1.61B
Q2 2025
$1.74B
Q3 2025
$1.75B
Q4 2025
$1.63B
Q1 2026

What does FRANKLIN STREET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology696.1K$121.4M7.5%-2.0%
AAPL APPLE INCTechnology420.3K$106.7M6.5%-2.9%
MSFT MICROSOFT CORPTechnology256.9K$95.1M5.8%+15.2%
GOOG ALPHABET INC-CL CTechnology297.3K$85.3M5.2%-7.6%
AVGO BROADCOM INCTechnology234.7K$72.6M4.5%+28.1%
AMZN AMAZON.COM INCConsumer discretionary346.9K$72.3M4.4%+1.6%
META META PLATFORMS INC-CLASS ATechnology88.6K$50.7M3.1%+0.2%
GS GOLDMAN SACHS GROUP INCFinancials59.3K$50.1M3.1%+5.8%
TMO THERMO FISHER SCIENTIFIC INCOther93.3K$45.9M2.8%-9.5%
JPM JPMORGAN CHASE & COFinancials143.4K$42.2M2.6%-2.1%
ABBV ABBVIE INCHealthcare179.2K$39.0M2.4%-2.0%
RTX RTX CORPIndustrials195.7K$37.7M2.3%-4.6%
CME CME GROUP INCFinancials118.4K$35.0M2.1%+4.1%
BLK BLACKROCK INCFinancials35.0K$33.7M2.1%+2.4%
TJX TJX COMPANIES INCConsumer discretionary209.6K$33.5M2.1%-6.1%
CG CARLYLE GROUP INC/THEFinancials663.2K$32.1M2.0%-8.4%
ORCL ORACLE CORPTechnology201.0K$29.6M1.8%+13.7%
XOM EXXON MOBIL CORPEnergy150.8K$25.6M1.6%-4.3%
LIN LINDE PLCMaterials51.5K$25.5M1.6%+2.6%
PEP PEPSICO INCConsumer staples159.3K$24.7M1.5%-17.3%
MLM MARTIN MARIETTA MATERIALSMaterials40.9K$24.1M1.5%+7.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials48.6K$23.3M1.4%-2.9%
AFL AFLAC INCFinancials205.2K$22.5M1.4%-9.7%
DASH DOORDASH INC - AServices media147.6K$22.2M1.4%+1.1%
GEV GE VERNOVA INCIndustrials24.9K$21.7M1.3%New
AXP AMERICAN EXPRESS COFinancials68.7K$20.8M1.3%-19.6%
COST COSTCO WHOLESALE CORPConsumer discretionary20.1K$20.0M1.2%-3.2%
WMT WALMART INCConsumer discretionary156.6K$19.5M1.2%-9.3%
SHOP SHOPIFY INC - CLASS ATechnology148.7K$17.6M1.1%+119.8%
ETN EATON CORP PLCIndustrials48.0K$17.2M1.1%-40.6%
CTAS CINTAS CORPOther100.7K$17.0M1.0%-8.0%
IQV IQVIA HOLDINGS INCHealthcare99.2K$16.9M1.0%+42.2%
MRK MERCK & CO. INC.Healthcare137.3K$16.5M1.0%-3.6%
DIS WALT DISNEY CO/THEServices media169.9K$16.4M1.0%-1.2%
LOW LOWE'S COS INCConsumer discretionary63.7K$15.1M0.9%-2.0%
IDXX IDEXX LABORATORIES INCMaterials26.8K$15.0M0.9%-33.4%
TER TERADYNE INCTechnology48.6K$14.4M0.9%New
PG PROCTER & GAMBLE CO/THEOther96.2K$13.9M0.9%+76.1%
CSCO CISCO SYSTEMS INCTechnology177.3K$13.8M0.8%-2.7%
BA BOEING CO/THEIndustrials66.8K$13.3M0.8%+4669.2%
ENB ENBRIDGE INCEnergy244.4K$13.2M0.8%+0.9%
KHC KRAFT HEINZ CO/THEConsumer staples584.3K$13.1M0.8%New
CMI CUMMINS INCIndustrials23.3K$12.5M0.8%-28.5%
CAT CATERPILLAR INCIndustrials14.5K$10.3M0.6%+130.7%
UPS UNITED PARCEL SERVICE-CL BIndustrials102.2K$10.1M0.6%+9.0%
MCD MCDONALD'S CORPConsumer discretionary31.5K$9.8M0.6%+9.7%
IBM INTL BUSINESS MACHINES CORPTechnology37.8K$9.2M0.6%-20.9%
EVRG EVERGY INCUtilities95.5K$7.8M0.5%+2.7%
GOOGL ALPHABET INC-CL ATechnology26.5K$7.6M0.5%-8.4%
JNJ JOHNSON & JOHNSONHealthcare19.4K$4.7M0.3%-0.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 10, 2026172$1.63B canonicalSEC ↗
Q4 202513F-HRJan 21, 2026173$1.75B canonicalSEC ↗
Q3 202513F-HROct 9, 2025170$1.74B canonicalSEC ↗
Q2 202513F-HRJul 21, 2025173$1.61B $K fixed canonicalSEC ↗
Q1 202513F-HRApr 15, 2025166$1.42B $K fixed canonicalSEC ↗
Q4 202413F-HRJan 10, 2025168$1.50B $K fixed canonicalSEC ↗
Q3 202413F-HROct 9, 2024167$1.48B $K fixed canonicalSEC ↗
Q2 202413F-HRJul 18, 2024173$1.40B $K fixed canonicalSEC ↗
Q1 202413F-HRApr 15, 2024172$1.35B $K fixed canonicalSEC ↗