Gallagher Fiduciary Advisors, LLC
Long book
$2.58B
Q1 2026
Positions
340
Top-10 weight
85%
concentration
Last quarter
+2.0%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsGallagher Fiduciary Advisors, LLC is an institutional manager, specialised in consumer_discretionary (62% of the long book), running a $2.58B US long book across 340 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MCDONALD'S CORP, P G & E CORP, DELTA AIR LINES INC, CBRE GROUP INC - A, FRANKLIN RESOURCES INC.
Over the last 9 quarters its long book ran on average 3.2pp per quarter behind the S&P 500, beating the index in 4 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
-5.2%
Q2 2024
+7.6%
Q3 2024
-0.4%
Q4 2024
-1.9%
Q1 2025
-1.8%
Q2 2025
+6.9%
Q3 2025
+4.1%
Q4 2025
+0.6%
Q1 2026
+2.0%
Sector allocation
Consumer discretionary 62%
Utilities 15%
Industrials 12%
Real estate 5%
Financials 2%
Technology 1%
Healthcare 1%
Energy 0%
Long book by quarter
What does Gallagher Fiduciary own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MCD MCDONALD'S CORP | Consumer discretionary | 4.3M | $1.34B | 52.2% | -2.3% |
| PCG P G & E CORP | Utilities | 18.5M | $325.2M | 12.6% | -4.7% |
| DAL DELTA AIR LINES INC | Industrials | 3.8M | $255.2M | 9.9% | -5.0% |
| CBRE CBRE GROUP INC - A | Real estate | 883.9K | $119.7M | 4.6% | -1.2% |
| BEN FRANKLIN RESOURCES INC | Financials | 1.4M | $33.3M | 1.3% | -1.1% |
| CLF CLEVELAND-CLIFFS INC | Materials | 607.3K | $5.1M | 0.2% | -8.6% |
| AAPL APPLE INC | Technology | 17.5K | $4.4M | 0.2% | -1.3% |
| XOM EXXON MOBIL CORP | Energy | 20.5K | $3.5M | 0.1% | -1.8% |
| NVDA NVIDIA CORP | Technology | 19.3K | $3.4M | 0.1% | -2.4% |
| MMM 3M CO | Healthcare | 16.7K | $2.4M | 0.1% | +0.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.3K | $2.1M | 0.1% | +21.1% |
| JPM JPMORGAN CHASE & CO | Financials | 6.7K | $2.0M | 0.1% | -1.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 9.2K | $1.9M | 0.1% | -2.8% |
| MSFT MICROSOFT CORP | Technology | 5.0K | $1.9M | 0.1% | +5.3% |
| CVX CHEVRON CORP | Energy | 8.0K | $1.7M | 0.1% | -4.6% |
| TSLA TESLA INC | Industrials | 4.1K | $1.5M | 0.1% | +0.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.9K | $1.4M | 0.1% | +0.6% |
| XEL XCEL ENERGY INC | Utilities | 18.0K | $1.4M | 0.1% | 0.0% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 28.1K | $1.4M | 0.1% | +4.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 8.8K | $1.3M | 0.0% | +0.9% |
| WMT WALMART INC | Consumer discretionary | 10.2K | $1.3M | 0.0% | +0.7% |
| ABBV ABBVIE INC | Healthcare | 5.6K | $1.2M | 0.0% | +1.0% |
| KO COCA-COLA CO/THE | Consumer staples | 15.4K | $1.2M | 0.0% | -5.2% |
| TMHC TAYLOR MORRISON HOME CORP | Industrials | 19.3K | $1.1M | 0.0% | -6.7% |
| MU MICRON TECHNOLOGY INC | Technology | 3.3K | $1.1M | 0.0% | -0.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 4.4K | $1.1M | 0.0% | +1.3% |
| NPO ENPRO INC | Other | 3.9K | $979K | 0.0% | -9.1% |
| T AT&T INC | Communications | 33.6K | $974K | 0.0% | +4.2% |
| CMC COMMERCIAL METALS CO | Industrials | 15.8K | $971K | 0.0% | -8.2% |
| GOOGL ALPHABET INC-CL A | Technology | 3.0K | $869K | 0.0% | -1.5% |
| META META PLATFORMS INC-CLASS A | Technology | 1.5K | $867K | 0.0% | +0.7% |
| AROW ARROW FINANCIAL CORP | Financials | 25.7K | $863K | 0.0% | -9.6% |
| UNF UNIFIRST CORP/MA | Services media | 3.4K | $852K | 0.0% | -8.5% |
| GLNG GOLAR LNG LTD | Industrials | 15.6K | $843K | 0.0% | -9.4% |
| JXN JACKSON FINANCIAL INC-A | Financials | 8.0K | $841K | 0.0% | -9.3% |
| PRK PARK NATIONAL CORP | Financials | 5.1K | $839K | 0.0% | -9.9% |
| UMBF UMB FINANCIAL CORP | Financials | 7.4K | $838K | 0.0% | -9.2% |
| SANM SANMINA CORP | Technology | 6.4K | $831K | 0.0% | -33.3% |
| CSCO CISCO SYSTEMS INC | Technology | 10.7K | $827K | 0.0% | +1.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 362 | $2.58B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 331 | $3.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 311 | $2.72B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 333 | $2.58B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 309 | $3.04B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 298 | $510.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 274 | $493.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 256 | $446.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 207 | $2.82B | canonical | SEC ↗ |