GATEWAY INVESTMENT ADVISERS LLC

Other Low signal CIK 1114618
League rank
#447
in Other · #1662 overall
Long book
$8.97B
Q1 2026
Positions
684
Top-10 weight
42%
concentration
Last quarter
+14.8%
SPY +14.8%
Turnover
27%
of book per quarter

Strategy in plain words

auto-generated from filings

GATEWAY INVESTMENT ADVISERS LLC is an institutional manager, running a $8.97B US long book across 684 positions.

The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 3 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
+4.3%
Q2 2024
+5.7%
Q3 2024
+2.5%
Q4 2024
-4.4%
Q1 2025
+10.8%
Q2 2025
+8.1%
Q3 2025
+2.6%
Q4 2025
-4.7%
Q1 2026
+14.8%

Sector allocation

Technology
44%
Financials
11%
Industrials
11%
Consumer discretionary
9%
Healthcare
8%
Services media
4%
Utilities
3%
Energy
3%

Long book by quarter

$8.79B
Q1 2024
$8.84B
Q2 2024
$9.07B
Q3 2024
$8.99B
Q4 2024
$8.71B
Q1 2025
$9.15B
Q2 2025
$10.35B
Q3 2025
$10.75B
Q4 2025
$8.97B
Q1 2026

What does GATEWAY INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology5.4M$950.0M10.6%-6.5%
AAPL APPLE INCTechnology2.7M$680.4M7.6%-13.1%
MSFT MICROSOFT CORPTechnology1.2M$456.7M5.1%-14.3%
AMZN AMAZON.COM INCConsumer discretionary1.7M$344.6M3.8%-15.2%
GOOG ALPHABET INC-CL CTechnology1.2M$344.5M3.8%-10.7%
META META PLATFORMS INC-CLASS ATechnology507.9K$290.6M3.2%-9.7%
AVGO BROADCOM INCTechnology695.9K$215.4M2.4%-15.9%
JPM JPMORGAN CHASE & COFinancials579.6K$170.5M1.9%-15.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials348.6K$167.0M1.9%-15.7%
TSLA TESLA INCIndustrials431.6K$160.4M1.8%-13.5%
GOOGL ALPHABET INC-CL ATechnology476.6K$137.0M1.5%-22.5%
LLY ELI LILLY & COHealthcare135.2K$124.3M1.4%-14.3%
V VISA INC-CLASS A SHARESServices media394.4K$119.2M1.3%-15.1%
XOM EXXON MOBIL CORPEnergy688.7K$116.8M1.3%-17.5%
JNJ JOHNSON & JOHNSONHealthcare430.1K$105.1M1.2%-16.3%
CAT CATERPILLAR INCIndustrials132.1K$93.6M1.0%-15.8%
RTX RTX CORPIndustrials471.3K$90.9M1.0%-14.2%
WMT WALMART INCConsumer discretionary687.2K$85.4M1.0%-11.9%
HD HOME DEPOT INCConsumer discretionary249.6K$82.1M0.9%-14.1%
BAC BANK OF AMERICA CORPFinancials1.7M$81.5M0.9%+1.5%
COST COSTCO WHOLESALE CORPConsumer discretionary75.3K$75.0M0.8%-16.7%
MS MORGAN STANLEYFinancials444.7K$73.2M0.8%+1.2%
NFLX NETFLIX INCServices media722.4K$69.5M0.8%-17.1%
ABBV ABBVIE INCHealthcare317.9K$69.1M0.8%-15.5%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology468.8K$68.6M0.8%-10.5%
CSCO CISCO SYSTEMS INCTechnology866.8K$67.3M0.7%-17.0%
CVX CHEVRON CORPEnergy314.1K$65.0M0.7%-20.8%
INSM INSMED INCHealthcare365.0K$59.7M0.7%Held
WFC WELLS FARGO & COFinancials748.0K$59.5M0.7%+3.8%
AMD ADVANCED MICRO DEVICESTechnology274.5K$55.8M0.6%-15.3%
PH PARKER HANNIFIN CORPIndustrials60.0K$53.7M0.6%-20.5%
MRK MERCK & CO. INC.Healthcare443.8K$53.4M0.6%-17.4%
MU MICRON TECHNOLOGY INCTechnology151.8K$51.3M0.6%-19.7%
AEP AMERICAN ELECTRIC POWERUtilities375.5K$49.2M0.5%+0.6%
PEP PEPSICO INCConsumer staples300.4K$46.7M0.5%+0.9%
HON HONEYWELL INTERNATIONAL INCIndustrials205.2K$46.4M0.5%-11.1%
LOW LOWE'S COS INCConsumer discretionary195.0K$46.1M0.5%-12.9%
ISRG INTUITIVE SURGICAL INCHealthcare98.6K$45.4M0.5%+0.8%
UNH UNITEDHEALTH GROUP INCFinancials167.3K$45.3M0.5%-16.2%
COP CONOCOPHILLIPSEnergy342.7K$45.2M0.5%-16.1%
ETN EATON CORP PLCIndustrials126.1K$45.1M0.5%+1.2%
HLT HILTON WORLDWIDE HOLDINGS INServices media147.2K$44.8M0.5%+1.1%
WM WASTE MANAGEMENT INCUtilities194.0K$44.6M0.5%-16.3%
ORCL ORACLE CORPTechnology291.0K$42.8M0.5%-17.1%
MCD MCDONALD'S CORPConsumer discretionary136.9K$42.6M0.5%+1.1%
CMI CUMMINS INCIndustrials77.8K$41.9M0.5%+0.6%
AFL AFLAC INCFinancials380.2K$41.7M0.5%-1.4%
ABT ABBOTT LABORATORIESHealthcare403.1K$41.4M0.5%-17.1%
AMGN AMGEN INCHealthcare117.5K$41.3M0.5%-15.3%
DE DEERE & COIndustrials72.2K$40.6M0.5%+0.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 13, 2026684$8.97B canonicalSEC ↗
Q4 202513F-HRFeb 3, 2026581$10.75B canonicalSEC ↗
Q3 202513F-HROct 21, 2025525$10.35B canonicalSEC ↗
Q2 202513F-HRJul 9, 2025469$9.15B canonicalSEC ↗
Q1 202513F-HRApr 11, 2025504$8.71B canonicalSEC ↗
Q4 202413F-HRJan 15, 2025486$8.99B canonicalSEC ↗
Q3 202413F-HROct 10, 2024510$9.07B canonicalSEC ↗
Q2 202413F-HRJul 12, 2024511$8.84B canonicalSEC ↗
Q1 202413F-HRApr 12, 2024503$8.79B canonicalSEC ↗