Kimelman & Baird, LLC
Long book
$1.22B
Q1 2026
Positions
263
Top-10 weight
43%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsKimelman & Baird, LLC is an institutional manager, running a $1.22B US long book across 263 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, COSTCO WHOLESALE CORP, JPMORGAN CHASE & CO, AMAZON.COM INC, TJX COMPANIES INC.
Over the last 8 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 1 of 8 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
Q2 2024
+4.6%
Q3 2024
+1.6%
Q4 2024
-2.4%
Q1 2025
+5.4%
Q2 2025
+4.7%
Q3 2025
+1.2%
Q4 2025
-4.4%
Q1 2026
+13.0%
Sector allocation
Consumer discretionary 24%
Technology 20%
Financials 13%
Industrials 12%
Services media 9%
Healthcare 8%
Utilities 7%
Energy 2%
Long book by quarter
What does Kimelman & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 278.2K | $70.6M | 5.8% | -2.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 62.7K | $62.5M | 5.1% | -0.6% |
| JPM JPMORGAN CHASE & CO | Financials | 208.0K | $61.2M | 5.0% | -10.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 274.4K | $57.1M | 4.7% | -0.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 329.4K | $52.6M | 4.3% | -0.8% |
| WM WASTE MANAGEMENT INC | Utilities | 206.7K | $47.5M | 3.9% | -2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 158.2K | $45.5M | 3.7% | -1.2% |
| MSFT MICROSOFT CORP | Technology | 117.9K | $43.6M | 3.6% | -2.7% |
| CPRT COPART INC | Consumer discretionary | 1.2M | $40.9M | 3.4% | -0.3% |
| HD HOME DEPOT INC | Consumer discretionary | 117.4K | $38.6M | 3.2% | -0.6% |
| BAC BANK OF AMERICA CORP | Financials | 791.7K | $38.6M | 3.2% | -0.3% |
| LLY ELI LILLY & CO | Healthcare | 40.3K | $37.1M | 3.1% | -3.7% |
| BX BLACKSTONE INC | Financials | 312.7K | $36.0M | 3.0% | -0.4% |
| MA MASTERCARD INC - A | Services media | 71.0K | $35.5M | 2.9% | -9.7% |
| V VISA INC-CLASS A SHARES | Services media | 102.0K | $30.8M | 2.5% | -3.9% |
| WCN WASTE CONNECTIONS INC | Utilities | 181.0K | $29.4M | 2.4% | -4.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 129.7K | $29.3M | 2.4% | -0.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 105.7K | $25.6M | 2.1% | +0.7% |
| UNP UNION PACIFIC CORP | Industrials | 102.3K | $24.8M | 2.0% | Held |
| MRVL MARVELL TECHNOLOGY INC | Technology | 246.8K | $24.4M | 2.0% | -0.1% |
| UBER UBER TECHNOLOGIES INC | Services media | 338.7K | $24.4M | 2.0% | 0.0% |
| BA BOEING CO/THE | Industrials | 117.1K | $23.3M | 1.9% | -0.1% |
| OPLN OPENLANE INC | Consumer discretionary | 779.9K | $22.7M | 1.9% | -3.7% |
| OC OWENS CORNING | Industrials | 196.2K | $21.2M | 1.7% | -0.5% |
| DOV DOVER CORP | Industrials | 96.0K | $20.0M | 1.6% | Held |
| MRK MERCK & CO. INC. | Healthcare | 160.2K | $19.3M | 1.6% | Held |
| LIN LINDE PLC | Materials | 35.8K | $17.7M | 1.5% | +0.9% |
| XOM EXXON MOBIL CORP | Energy | 97.2K | $16.5M | 1.4% | Held |
| MDT MEDTRONIC PLC | Healthcare | 169.9K | $14.7M | 1.2% | +0.3% |
| NVDA NVIDIA CORP | Technology | 84.1K | $14.7M | 1.2% | +24.1% |
| DIS WALT DISNEY CO/THE | Services media | 132.8K | $12.8M | 1.1% | +0.6% |
| NKE NIKE INC -CL B | Other | 190.0K | $10.0M | 0.8% | +2.7% |
| EMR EMERSON ELECTRIC CO | Industrials | 68.6K | $9.0M | 0.7% | Held |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 10.9K | $8.4M | 0.7% | +3357.3% |
| CVX CHEVRON CORP | Energy | 40.4K | $8.4M | 0.7% | -0.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 26.9K | $8.4M | 0.7% | -1.5% |
| CSCO CISCO SYSTEMS INC | Technology | 97.3K | $7.5M | 0.6% | +388.4% |
| ABBV ABBVIE INC | Healthcare | 30.7K | $6.7M | 0.5% | Held |
| CAC CAMDEN NATIONAL CORP | Financials | 138.3K | $6.6M | 0.5% | -0.7% |
| NEE NEXTERA ENERGY INC | Utilities | 68.4K | $6.4M | 0.5% | Held |
| NUE NUCOR CORP | Industrials | 37.5K | $6.3M | 0.5% | Held |
| MTB M & T BANK CORP | Financials | 29.9K | $6.2M | 0.5% | Held |
| AMGN AMGEN INC | Healthcare | 14.2K | $5.0M | 0.4% | Held |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 9.0K | $3.5M | 0.3% | Held |
| GOOG ALPHABET INC-CL C | Technology | 10.7K | $3.1M | 0.3% | -48.7% |
| GE GENERAL ELECTRIC | Industrials | 10.3K | $2.9M | 0.2% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 19.8K | $2.9M | 0.2% | +0.7% |
| AXP AMERICAN EXPRESS CO | Financials | 9.3K | $2.8M | 0.2% | +52.6% |
| STE STERIS PLC | Healthcare | 12.7K | $2.8M | 0.2% | -13.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 10.4K | $2.6M | 0.2% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 263 | $1.22B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 263 | $1.30B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 25, 2025 | 307 | $1.28B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 342 | $1.23B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 349 | $1.18B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 355 | $1.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 364 | $1.25B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 19, 2024 | 374 | $1.21B | canonical | SEC ↗ |
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