Hoese & Co LLP
Long book
$134.7M
Q1 2026
Positions
135
Top-10 weight
75%
concentration
Last quarter
+9.9%
SPY +14.8%
Turnover
2%
of book per quarter
Strategy in plain words
auto-generated from filingsHoese & Co LLP is a wealth-management firm allocating client money, running a $134.7M US long book across 135 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: ISHARES 3-7 YEAR TREASURY BO, ISHARES CORE S&P 500 ETF, INVESCO S&P 500 QUALITY ETF, ISHRS US E F R A ETF-USD INC, ISHARES CORE DIVIDEND GROWTH.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 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
+2.5%
Q2 2024
+6.1%
Q3 2024
+0.2%
Q4 2024
-0.6%
Q1 2025
+6.1%
Q2 2025
+5.3%
Q3 2025
+1.9%
Q4 2025
-2.0%
Q1 2026
+9.9%
Sector allocation
Financials 34%
Healthcare 17%
Technology 14%
Industrials 9%
Consumer discretionary 8%
Other 5%
Utilities 4%
Consumer staples 4%
Long book by quarter
What does Hoese & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 3 | $2.2M | 1.6% | Held |
| AAPL APPLE INC | Technology | 2.6K | $660K | 0.5% | Held |
| MSFT MICROSOFT CORP | Technology | 1.3K | $493K | 0.4% | +8.1% |
| USB US BANCORP | Financials | 8.2K | $425K | 0.3% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 2.5K | $399K | 0.3% | Held |
| MRK MERCK & CO. INC. | Healthcare | 3.2K | $385K | 0.3% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.4K | $353K | 0.3% | Held |
| XEL XCEL ENERGY INC | Utilities | 3.5K | $278K | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 910 | $268K | 0.2% | -30.5% |
| GGG GRACO INC | Industrials | 2.7K | $229K | 0.2% | Held |
| C CITIGROUP INC | Financials | 2.0K | $227K | 0.2% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 2.1K | $221K | 0.2% | Held |
| XOM EXXON MOBIL CORP | Energy | 1.3K | $217K | 0.2% | Held |
| NVDA NVIDIA CORP | Technology | 1.2K | $213K | 0.2% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 745 | $202K | 0.1% | -12.4% |
| ABBV ABBVIE INC | Healthcare | 900 | $196K | 0.1% | Held |
| BAC BANK OF AMERICA CORP | Financials | 4.0K | $194K | 0.1% | Held |
| MDT MEDTRONIC PLC | Healthcare | 1.9K | $163K | 0.1% | -21.0% |
| MMM 3M CO | Healthcare | 1.1K | $160K | 0.1% | Held |
| ECL ECOLAB INC | Other | 600 | $160K | 0.1% | Held |
| EMR EMERSON ELECTRIC CO | Industrials | 1.2K | $159K | 0.1% | Held |
| PEP PEPSICO INC | Consumer staples | 1.0K | $155K | 0.1% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 1.1K | $152K | 0.1% | Held |
| PFE PFIZER INC | Healthcare | 5.0K | $140K | 0.1% | Held |
| SYY SYSCO CORP | Consumer discretionary | 1.8K | $130K | 0.1% | Held |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 2.0K | $126K | 0.1% | Held |
| LNT ALLIANT ENERGY CORP | Utilities | 1.7K | $120K | 0.1% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 500 | $113K | 0.1% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 327 | $108K | 0.1% | Held |
| FIBK FIRST INTERSTATE BANCSYS-A | Financials | 3.0K | $100K | 0.1% | Held |
| MO ALTRIA GROUP INC | Consumer staples | 1.5K | $99K | 0.1% | Held |
| LFUS LITTELFUSE INC | Industrials | 282 | $96K | 0.1% | Held |
| PNR PENTAIR PLC | Industrials | 1.0K | $87K | 0.1% | Held |
| CMCSA COMCAST CORP-CLASS A | Communications | 3.0K | $86K | 0.1% | Held |
| NVT NVENT ELECTRIC PLC | Industrials | 724 | $86K | 0.1% | Held |
| ROK ROCKWELL AUTOMATION INC | Other | 225 | $81K | 0.1% | Held |
| TGT TARGET CORP | Consumer discretionary | 650 | $79K | 0.1% | -18.8% |
| HWKN HAWKINS INC | Consumer discretionary | 510 | $78K | 0.1% | Held |
| TTC TORO CO | Industrials | 808 | $75K | 0.1% | -41.2% |
| GOOG ALPHABET INC-CL C | Technology | 260 | $75K | 0.1% | Held |
| V VISA INC-CLASS A SHARES | Services media | 225 | $68K | 0.1% | Held |
| HRL HORMEL FOODS CORP | Consumer staples | 3.0K | $68K | 0.1% | Held |
| AEP AMERICAN ELECTRIC POWER | Utilities | 500 | $66K | 0.0% | Held |
| ENTG ENTEGRIS INC | Other | 550 | $64K | 0.0% | Held |
| TXN TEXAS INSTRUMENTS INC | Technology | 310 | $60K | 0.0% | Held |
| LLY ELI LILLY & CO | Healthcare | 65 | $60K | 0.0% | Held |
| WFC WELLS FARGO & CO | Financials | 724 | $58K | 0.0% | Held |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 1.0K | $58K | 0.0% | Held |
| AMGN AMGEN INC | Healthcare | 160 | $56K | 0.0% | Held |
| DCI DONALDSON CO INC | Industrials | 660 | $56K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 154 | $134.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 14, 2026 | 156 | $140.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 146 | $130.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 177 | $124.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 11, 2025 | 177 | $115.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 190 | $115.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 209 | $119.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 3, 2024 | 174 | $114.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 8, 2024 | 157 | $109.6M | canonical | SEC ↗ |