JLB & ASSOCIATES INC
Long book
$696.4M
Q1 2026
Positions
70
Top-10 weight
41%
concentration
Last quarter
+8.4%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsJLB & ASSOCIATES INC is a diversified fundamental manager, running a $696.4M US long book across 70 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: CASEY'S GENERAL STORES INC, APPLE INC, TJX COMPANIES INC, AMPHENOL CORP-CL A, MASTERCARD INC - A.
Over the last 9 quarters its long book ran on average 2.2pp 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
-0.0%
Q2 2024
+6.3%
Q3 2024
-2.7%
Q4 2024
-1.1%
Q1 2025
+4.7%
Q2 2025
+7.6%
Q3 2025
+0.3%
Q4 2025
-2.7%
Q1 2026
+8.4%
Sector allocation
Technology 26%
Consumer discretionary 23%
Financials 12%
Services media 10%
Healthcare 9%
Industrials 9%
Other 7%
Consumer staples 3%
Long book by quarter
What does JLB & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 51.3K | $37.4M | 5.4% | +0.4% |
| AAPL APPLE INC | Technology | 139.6K | $35.4M | 5.1% | -3.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 219.7K | $35.1M | 5.0% | -3.1% |
| APH AMPHENOL CORP-CL A | Technology | 253.1K | $32.0M | 4.6% | -13.9% |
| MA MASTERCARD INC - A | Services media | 54.5K | $27.2M | 3.9% | -3.1% |
| ROST ROSS STORES INC | Consumer discretionary | 125.0K | $27.1M | 3.9% | -3.6% |
| KLAC KLA CORP | Other | 17.5K | $25.8M | 3.7% | -12.1% |
| AMGN AMGEN INC | Healthcare | 65.0K | $22.9M | 3.3% | -1.5% |
| ORCL ORACLE CORP | Technology | 153.3K | $22.5M | 3.2% | -4.3% |
| MSFT MICROSOFT CORP | Technology | 56.1K | $20.8M | 3.0% | -4.5% |
| SEIC SEI INVESTMENTS COMPANY | Financials | 259.2K | $20.3M | 2.9% | -0.4% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 219.8K | $20.3M | 2.9% | -2.5% |
| AON AON PLC-CLASS A | Financials | 62.0K | $20.0M | 2.9% | -4.5% |
| NOC NORTHROP GRUMMAN CORP | Technology | 29.3K | $20.0M | 2.9% | -1.9% |
| ROL ROLLINS INC | Services media | 328.7K | $17.6M | 2.5% | -4.2% |
| GGG GRACO INC | Industrials | 194.5K | $16.5M | 2.4% | -3.8% |
| PKG PACKAGING CORP OF AMERICA | Other | 75.8K | $16.1M | 2.3% | -2.7% |
| EXPD EXPEDITORS INTL WASH INC | Industrials | 108.7K | $15.6M | 2.2% | -2.1% |
| PGR PROGRESSIVE CORP | Financials | 75.1K | $14.9M | 2.1% | -6.7% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 40.5K | $13.0M | 1.9% | -0.7% |
| CPRT COPART INC | Consumer discretionary | 375.5K | $12.5M | 1.8% | -4.7% |
| AME AMETEK INC | Technology | 57.0K | $12.2M | 1.8% | -4.6% |
| LLY ELI LILLY & CO | Healthcare | 12.7K | $11.7M | 1.7% | +18.2% |
| PEP PEPSICO INC | Consumer staples | 70.4K | $10.9M | 1.6% | +0.7% |
| GOOGL ALPHABET INC-CL A | Technology | 37.9K | $10.9M | 1.6% | +33.4% |
| MLI MUELLER INDUSTRIES INC | Industrials | 89.8K | $9.9M | 1.4% | +93.0% |
| ENSG ENSIGN GROUP INC/THE | Healthcare | 47.8K | $9.6M | 1.4% | New |
| MRSH MARSH & MCLENNAN COS | Financials | 52.4K | $9.1M | 1.3% | -6.4% |
| SYK STRYKER CORP | Healthcare | 26.7K | $8.8M | 1.3% | -0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 14.7K | $8.4M | 1.2% | +36.5% |
| ACN ACCENTURE PLC-CL A | Services media | 42.2K | $8.4M | 1.2% | -19.5% |
| ABBV ABBVIE INC | Healthcare | 38.3K | $8.3M | 1.2% | -5.7% |
| HSY HERSHEY CO/THE | Consumer staples | 39.5K | $8.2M | 1.2% | -20.9% |
| AXP AMERICAN EXPRESS CO | Financials | 22.6K | $6.8M | 1.0% | +6.2% |
| TTC TORO CO | Industrials | 71.2K | $6.7M | 1.0% | -56.5% |
| AVGO BROADCOM INC | Technology | 18.6K | $5.8M | 0.8% | +140.6% |
| ALLE ALLEGION PLC | Services media | 39.0K | $5.7M | 0.8% | +8.4% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 52.5K | $5.4M | 0.8% | -3.1% |
| V VISA INC-CLASS A SHARES | Services media | 17.8K | $5.4M | 0.8% | +1.6% |
| PCAR PACCAR INC | Industrials | 45.2K | $5.2M | 0.8% | -3.8% |
| SCI SERVICE CORP INTERNATIONAL | Services media | 53.0K | $4.4M | 0.6% | -2.2% |
| PRI PRIMERICA INC | Financials | 17.4K | $4.4M | 0.6% | -6.6% |
| WSM WILLIAMS-SONOMA INC | Consumer discretionary | 23.1K | $4.2M | 0.6% | +30.4% |
| LOW LOWE'S COS INC | Consumer discretionary | 16.0K | $3.8M | 0.5% | -0.6% |
| UNH UNITEDHEALTH GROUP INC | Financials | 12.6K | $3.4M | 0.5% | -61.8% |
| CBRE CBRE GROUP INC - A | Real estate | 21.9K | $3.0M | 0.4% | -10.7% |
| CSCO CISCO SYSTEMS INC | Technology | 36.8K | $2.9M | 0.4% | +0.3% |
| CTSH COGNIZANT TECH SOLUTIONS-A | Technology | 40.0K | $2.5M | 0.4% | -20.9% |
| MTD METTLER-TOLEDO INTERNATIONAL | Healthcare | 1.3K | $1.7M | 0.2% | -13.4% |
| GIL GILDAN ACTIVEWEAR INC | Other | 28.6K | $1.6M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 70 | $696.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 71 | $741.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 74 | $760.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 75 | $717.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 75 | $717.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 78 | $736.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 2, 2024 | 80 | $777.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 81 | $740.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 79 | $752.0M | canonical | SEC ↗ |
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