Janney Montgomery Scott LLC
Long book
$40.40B
Q1 2026
Positions
2740
Top-10 weight
17%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsJanney Montgomery Scott LLC is a mechanically diversified allocator, running a $40.40B US long book across 2740 positions.
The portfolio is broadly diversified across 2740 positions (top 10 only 17%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, ISHARES CORE S&P 500 ETF, MICROSOFT CORP, NVIDIA CORP, SS TECHNOLOGY SELECT SECTOR.
Over the last 9 quarters its long book ran on average 0.7pp 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
+1.9%
Q2 2024
+6.5%
Q3 2024
+0.1%
Q4 2024
-1.9%
Q1 2025
+8.3%
Q2 2025
+6.8%
Q3 2025
+2.5%
Q4 2025
-1.6%
Q1 2026
+12.0%
Sector allocation
Technology 31%
Financials 13%
Industrials 12%
Consumer discretionary 10%
Healthcare 10%
Services media 5%
Utilities 4%
Energy 4%
Long book by quarter
What does Janney Montgomery own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 4.8M | $1.22B | 3.0% | +1.8% |
| MSFT MICROSOFT CORP | Technology | 2.2M | $828.6M | 2.1% | +6.1% |
| NVDA NVIDIA CORP | Technology | 4.5M | $780.9M | 1.9% | +0.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.7M | $572.7M | 1.4% | +3.1% |
| AVGO BROADCOM INC | Technology | 1.8M | $549.3M | 1.4% | +6.5% |
| JPM JPMORGAN CHASE & CO | Financials | 1.8M | $523.1M | 1.3% | +4.8% |
| GOOGL ALPHABET INC-CL A | Technology | 1.8M | $511.7M | 1.3% | +0.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.4M | $333.9M | 0.8% | +5.8% |
| META META PLATFORMS INC-CLASS A | Technology | 550.6K | $315.0M | 0.8% | +3.3% |
| WMT WALMART INC | Consumer discretionary | 2.4M | $300.3M | 0.7% | +2.9% |
| ABBV ABBVIE INC | Healthcare | 1.2M | $262.6M | 0.6% | +11.5% |
| LLY ELI LILLY & CO | Healthcare | 285.2K | $262.4M | 0.6% | +5.0% |
| XOM EXXON MOBIL CORP | Energy | 1.5M | $261.2M | 0.6% | -4.2% |
| CVX CHEVRON CORP | Energy | 1.3M | $258.9M | 0.6% | +6.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 528.7K | $253.3M | 0.6% | +6.3% |
| V VISA INC-CLASS A SHARES | Services media | 827.9K | $250.2M | 0.6% | +4.2% |
| CAT CATERPILLAR INC | Industrials | 289.4K | $205.0M | 0.5% | +17.4% |
| MRK MERCK & CO. INC. | Healthcare | 1.7M | $202.0M | 0.5% | -7.3% |
| NEE NEXTERA ENERGY INC | Utilities | 2.0M | $186.0M | 0.5% | +26.5% |
| HD HOME DEPOT INC | Consumer discretionary | 529.0K | $174.0M | 0.4% | +17.2% |
| CSCO CISCO SYSTEMS INC | Technology | 2.2M | $169.3M | 0.4% | +13.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 688.9K | $167.0M | 0.4% | +21.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.1M | $162.2M | 0.4% | +7.3% |
| RTX RTX CORP | Industrials | 768.3K | $148.2M | 0.4% | -0.8% |
| AMGN AMGEN INC | Healthcare | 416.0K | $146.4M | 0.4% | -3.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 453.3K | $140.9M | 0.3% | +20.0% |
| MA MASTERCARD INC - A | Services media | 262.0K | $130.9M | 0.3% | -12.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 130.4K | $130.0M | 0.3% | -2.2% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 600.9K | $125.0M | 0.3% | +2.0% |
| MDT MEDTRONIC PLC | Healthcare | 1.4M | $123.7M | 0.3% | +12.9% |
| KO COCA-COLA CO/THE | Consumer staples | 1.6M | $121.2M | 0.3% | +2.3% |
| NFLX NETFLIX INC | Services media | 1.3M | $120.3M | 0.3% | -1.2% |
| TSLA TESLA INC | Industrials | 292.5K | $108.7M | 0.3% | -8.8% |
| CB CHUBB LTD | Financials | 315.9K | $103.0M | 0.3% | +1.7% |
| BLK BLACKROCK INC | Financials | 105.8K | $101.8M | 0.3% | +6.5% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 1.9M | $97.1M | 0.2% | +9.8% |
| BAC BANK OF AMERICA CORP | Financials | 2.0M | $95.8M | 0.2% | +13.7% |
| EMR EMERSON ELECTRIC CO | Industrials | 728.0K | $95.4M | 0.2% | +10.6% |
| PWR QUANTA SERVICES INC | Industrials | 162.0K | $88.9M | 0.2% | +14.9% |
| BX BLACKSTONE INC | Financials | 760.3K | $87.4M | 0.2% | +14.9% |
| GEV GE VERNOVA INC | Industrials | 98.3K | $85.8M | 0.2% | +12.1% |
| TGT TARGET CORP | Consumer discretionary | 702.8K | $85.2M | 0.2% | +0.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 375.8K | $85.0M | 0.2% | +27.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 2740 | $40.40B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 2909 | $43.59B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 27, 2025 | 2852 | $42.19B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 2698 | $38.26B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 2664 | $35.28B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 2679 | $36.08B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 2652 | $35.82B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 2599 | $32.80B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 2712 | $33.63B | $K fixed canonical | SEC ↗ |
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