KORNITZER CAPITAL MANAGEMENT INC /KS

Other Low signal CIK 898358
League rank
#1604
in Other · #6617 overall
Long book
$4.63B
Q1 2026
Positions
500
Top-10 weight
24%
concentration
Last quarter
+7.4%
SPY +14.8%
Turnover
16%
of book per quarter

Strategy in plain words

auto-generated from filings

KORNITZER CAPITAL MANAGEMENT INC /KS is an institutional manager, running a $4.63B US long book across 500 positions.

The portfolio is broadly diversified across 500 positions (top 10 only 24%). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, CHEVRON CORP, EXXON MOBIL CORP, APPLE INC, ELI LILLY & CO.

Over the last 9 quarters its long book ran on average 2.3pp per quarter behind the S&P 500, beating the index in 2 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
-0.9%
Q2 2024
+5.2%
Q3 2024
-2.0%
Q4 2024
-1.2%
Q1 2025
+5.2%
Q2 2025
+3.8%
Q3 2025
+1.1%
Q4 2025
+1.4%
Q1 2026
+7.4%

Sector allocation

Technology
23%
Energy
15%
Healthcare
14%
Industrials
8%
Consumer discretionary
8%
Financials
8%
Services media
5%
Utilities
5%

Long book by quarter

$5.43B
Q1 2024
$5.25B
Q2 2024
$5.40B
Q3 2024
$5.10B
Q4 2024
$4.83B
Q1 2025
$4.95B
Q2 2025
$4.96B
Q3 2025
$4.80B
Q4 2025
$4.63B
Q1 2026

What does KORNITZER CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology538.6K$199.4M4.3%+0.2%
CVX CHEVRON CORPEnergy910.0K$188.3M4.1%-7.1%
XOM EXXON MOBIL CORPEnergy653.5K$110.9M2.4%-2.7%
AAPL APPLE INCTechnology414.5K$105.2M2.3%-1.5%
LLY ELI LILLY & COHealthcare108.5K$99.8M2.2%-2.4%
COST COSTCO WHOLESALE CORPConsumer discretionary96.6K$96.3M2.1%-1.3%
GOOGL ALPHABET INC-CL ATechnology309.7K$89.1M1.9%-5.4%
KMI KINDER MORGAN INCUtilities2.6M$85.6M1.8%-1.0%
JNJ JOHNSON & JOHNSONHealthcare326.7K$79.8M1.7%-4.3%
APA APA CORPEnergy1.8M$76.1M1.6%-3.8%
WM WASTE MANAGEMENT INCUtilities304.8K$70.0M1.5%-0.8%
COP CONOCOPHILLIPSEnergy518.4K$68.4M1.5%-0.1%
CSCO CISCO SYSTEMS INCTechnology870.8K$67.6M1.5%-1.6%
MRK MERCK & CO. INC.Healthcare544.2K$65.5M1.4%-1.6%
PEP PEPSICO INCConsumer staples407.0K$63.2M1.4%-0.8%
SLB SLB LTDEnergy1.2M$61.9M1.3%-13.2%
WMT WALMART INCConsumer discretionary495.9K$61.6M1.3%-2.3%
IBM INTL BUSINESS MACHINES CORPTechnology251.1K$60.9M1.3%-0.2%
NVDA NVIDIA CORPTechnology335.1K$58.4M1.3%+12.9%
AMZN AMAZON.COM INCConsumer discretionary255.6K$53.2M1.1%-0.5%
AJG ARTHUR J GALLAGHER & COFinancials242.3K$52.5M1.1%-1.2%
PG PROCTER & GAMBLE CO/THEOther354.3K$51.2M1.1%-0.6%
META META PLATFORMS INC-CLASS ATechnology86.6K$49.6M1.1%-0.2%
VZ VERIZON COMMUNICATIONS INCCommunications945.7K$47.5M1.0%+1.3%
GILD GILEAD SCIENCES INCHealthcare331.8K$46.2M1.0%+0.9%
ALL ALLSTATE CORPFinancials222.7K$46.2M1.0%+0.1%
QCOM QUALCOMM INCTechnology342.4K$44.1M1.0%0.0%
KO COCA-COLA CO/THEConsumer staples576.2K$43.8M0.9%-1.0%
PFE PFIZER INCHealthcare1.4M$38.1M0.8%+9.3%
ABT ABBOTT LABORATORIESHealthcare369.8K$38.0M0.8%-2.0%
GD GENERAL DYNAMICS CORPIndustrials103.6K$35.6M0.8%-0.6%
TFC TRUIST FINANCIAL CORPFinancials715.7K$32.9M0.7%+0.6%
DINO HF SINCLAIR CORPEnergy473.0K$29.5M0.6%-1.9%
JPM JPMORGAN CHASE & COFinancials100.1K$29.4M0.6%-2.1%
NEM NEWMONT CORPMaterials269.7K$29.2M0.6%-1.5%
AZN ASTRAZENECA PLCHealthcare147.0K$29.0M0.6%New
KMB KIMBERLY-CLARK CORPOther284.0K$27.4M0.6%+1.8%
T AT&T INCCommunications934.9K$27.1M0.6%+0.9%
LIN LINDE PLCMaterials51.3K$25.4M0.5%+11.7%
CINF CINCINNATI FINANCIAL CORPFinancials160.9K$25.3M0.5%-1.3%
ASML ASML HOLDING NV-NY REG SHSIndustrials19.0K$25.1M0.5%-8.4%
V VISA INC-CLASS A SHARESServices media76.0K$23.0M0.5%+8.6%
RTX RTX CORPIndustrials114.8K$22.1M0.5%-0.6%
EGY VAALCO ENERGY INCEnergy3.4M$21.4M0.5%+4.7%
MELI MERCADOLIBRE INCServices media12.2K$21.0M0.5%-0.4%
CLX CLOROX COMPANYOther199.9K$20.7M0.4%+2.1%
CFG CITIZENS FINANCIAL GROUPFinancials341.8K$20.5M0.4%-10.5%
MLM MARTIN MARIETTA MATERIALSMaterials33.7K$19.9M0.4%-5.9%
MSCI MSCI INCServices media36.7K$19.8M0.4%-5.7%
BMY BRISTOL-MYERS SQUIBB COHealthcare314.5K$19.1M0.4%-0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 2026505$4.65B canonicalSEC ↗
Q4 202513F-HRFeb 2, 2026508$4.81B canonicalSEC ↗
Q3 202513F-HROct 31, 2025501$4.98B canonicalSEC ↗
Q2 202513F-HRJul 31, 2025494$4.97B canonicalSEC ↗
Q1 202513F-HRMay 2, 2025465$4.85B canonicalSEC ↗
Q4 202413F-HRJan 31, 2025470$5.12B canonicalSEC ↗
Q3 202413F-HROct 31, 2024472$5.42B canonicalSEC ↗
Q2 202413F-HRAug 2, 2024473$5.27B canonicalSEC ↗
Q1 202413F-HRMay 2, 2024472$5.46B canonicalSEC ↗