JOHN G ULLMAN & ASSOCIATES INC

Other Low signal CIK 919530
League rank
#298
in Other · #1223 overall
Long book
$754.3M
Q1 2026
Positions
174
Top-10 weight
34%
concentration
Last quarter
+16.1%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

JOHN G ULLMAN & ASSOCIATES INC is an institutional manager, running a $754.3M US long book across 174 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: CORNING INC, TAIWAN SEMICONDUCTOR-SP ADR, EMERSON ELECTRIC CO, CISCO SYSTEMS INC, OGE ENERGY CORP.

Over the last 9 quarters its long book ran on average 2.4pp per quarter ahead of the S&P 500, beating the index in 6 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
+0.2%
Q2 2024
+8.3%
Q3 2024
+2.3%
Q4 2024
-3.6%
Q1 2025
+10.0%
Q2 2025
+14.0%
Q3 2025
+5.7%
Q4 2025
+9.3%
Q1 2026
+16.1%

Sector allocation

Industrials
28%
Technology
21%
Utilities
18%
Healthcare
9%
Energy
7%
Consumer discretionary
6%
Materials
3%
Financials
3%

Long book by quarter

$651.8M
Q1 2024
$655.5M
Q2 2024
$695.5M
Q3 2024
$679.6M
Q4 2024
$648.4M
Q1 2025
$673.8M
Q2 2025
$742.7M
Q3 2025
$750.0M
Q4 2025
$754.3M
Q1 2026

What does JOHN G own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GLW CORNING INCIndustrials319.7K$43.5M5.8%-16.6%
EMR EMERSON ELECTRIC COIndustrials250.7K$32.8M4.4%-9.6%
CSCO CISCO SYSTEMS INCTechnology320.6K$24.9M3.3%-2.8%
OGE OGE ENERGY CORPUtilities485.4K$23.3M3.1%-2.7%
TEL TE CONNECTIVITY PLCConsumer discretionary95.3K$19.9M2.6%-3.5%
AVGO BROADCOM INCTechnology58.2K$18.0M2.4%-6.8%
XOM EXXON MOBIL CORPEnergy104.8K$17.8M2.4%-0.4%
BE BLOOM ENERGY CORP- AIndustrials125.7K$17.0M2.3%-5.4%
WTRG ESSENTIAL UTILITIES INCUtilities403.5K$16.3M2.2%-0.5%
NEE NEXTERA ENERGY INCUtilities150.1K$13.9M1.8%-2.9%
SLB SLB LTDEnergy266.9K$13.7M1.8%-1.4%
ES EVERSOURCE ENERGYUtilities193.8K$13.4M1.8%-0.5%
AMZN AMAZON.COM INCConsumer discretionary63.2K$13.2M1.7%-6.0%
D DOMINION ENERGY INCUtilities198.6K$12.3M1.6%+2.6%
MRK MERCK & CO. INC.Healthcare94.3K$11.3M1.5%-7.0%
POR PORTLAND GENERAL ELECTRIC COUtilities214.4K$11.3M1.5%-1.6%
GNRC GENERAC HOLDINGS INCIndustrials55.5K$10.8M1.4%-3.5%
IBM INTL BUSINESS MACHINES CORPTechnology44.5K$10.8M1.4%-8.6%
MSFT MICROSOFT CORPTechnology29.0K$10.7M1.4%-7.3%
LNN LINDSAY CORPIndustrials88.4K$10.5M1.4%+7.4%
CACI CACI INTERNATIONAL INC -CL ATechnology18.5K$10.0M1.3%-2.4%
EQT EQT CORPEnergy149.3K$9.5M1.3%+2.9%
FLS FLOWSERVE CORPIndustrials124.8K$9.2M1.2%-9.7%
WDC WESTERN DIGITAL CORPTechnology33.0K$8.9M1.2%-48.7%
BMY BRISTOL-MYERS SQUIBB COHealthcare144.6K$8.8M1.2%-3.6%
ASTE ASTEC INDUSTRIES INCIndustrials152.1K$8.2M1.1%-13.4%
ECG EVERUS CONSTRUCTION GROUPIndustrials67.9K$8.0M1.1%-11.3%
DIS WALT DISNEY CO/THEServices media83.0K$8.0M1.1%+12.1%
MDU MDU RESOURCES GROUP INCMaterials376.6K$7.8M1.0%-3.3%
ITRI ITRON INCTechnology80.7K$7.2M1.0%+37.4%
GRC GORMAN-RUPP COIndustrials112.7K$7.0M0.9%-0.8%
GVA GRANITE CONSTRUCTION INCIndustrials57.8K$6.9M0.9%-23.1%
HON HONEYWELL INTERNATIONAL INCIndustrials29.4K$6.6M0.9%-0.8%
NJR NEW JERSEY RESOURCES CORPUtilities117.3K$6.4M0.9%-2.4%
VMC VULCAN MATERIALS COMaterials22.9K$6.2M0.8%-8.0%
JAZZ JAZZ PHARMACEUTICALS PLCHealthcare32.8K$6.2M0.8%-4.6%
BCE BCE INCCommunications241.9K$6.1M0.8%+3.7%
GOOGL ALPHABET INC-CL ATechnology21.2K$6.1M0.8%-4.4%
PFE PFIZER INCHealthcare214.1K$6.0M0.8%+3.9%
INTC INTEL CORPTechnology133.5K$5.9M0.8%-25.3%
EXP EAGLE MATERIALS INCIndustrials29.3K$5.6M0.7%+3.4%
TMP TOMPKINS FINANCIAL CORPFinancials68.8K$5.4M0.7%-17.5%
TMO THERMO FISHER SCIENTIFIC INCOther11.0K$5.4M0.7%-7.0%
IDA IDACORP INCUtilities36.0K$5.2M0.7%-5.4%
STT STATE STREET CORPFinancials39.6K$5.0M0.7%-4.9%
SYY SYSCO CORPConsumer discretionary69.7K$5.0M0.7%+0.7%
COHR COHERENT CORPOther20.6K$4.9M0.7%-25.9%
CIEN CIENA CORPTechnology12.4K$4.8M0.6%-24.8%
GOOG ALPHABET INC-CL CTechnology16.7K$4.8M0.6%-0.4%
LOW LOWE'S COS INCConsumer discretionary19.2K$4.5M0.6%-4.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 2026174$754.3M canonicalSEC ↗
Q4 202513F-HRFeb 5, 2026179$750.0M canonicalSEC ↗
Q3 202513F-HRNov 5, 2025173$742.7M canonicalSEC ↗
Q2 202513F-HRJul 29, 2025174$673.8M canonicalSEC ↗
Q1 202513F-HRMay 6, 2025170$648.4M canonicalSEC ↗
Q4 202413F-HRFeb 5, 2025173$679.6M canonicalSEC ↗
Q3 202413F-HRNov 8, 2024179$695.5M canonicalSEC ↗
Q2 202413F-HRAug 8, 2024179$655.5M canonicalSEC ↗
Q1 202413F-HRMay 6, 2024174$651.8M canonicalSEC ↗