Kozak & Associates, Inc.
Long book
$512.8M
Q1 2026
Positions
452
Top-10 weight
78%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsKozak & Associates, Inc. is a wealth-management firm allocating client money, running a $512.8M US long book across 452 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: INVESCO S&P 500 REVENUE ETF, ISHARES U.S. TECH INDEPENDEN, SS SPDR S&P 500 ETF TRUST-US, INVESCO QQQ TRUST SERIES 1, ISHARES U.S. FINANCIAL SERVI.
Over the last 9 quarters its long book ran on average 0.6pp per quarter ahead of the S&P 500, beating the index in 4 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
+7.6%
Q2 2024
+3.6%
Q3 2024
+4.7%
Q4 2024
-6.1%
Q1 2025
+14.6%
Q2 2025
+7.9%
Q3 2025
+2.2%
Q4 2025
-5.2%
Q1 2026
+16.8%
Sector allocation
Technology 54%
Consumer discretionary 25%
Financials 6%
Industrials 5%
Services media 3%
Utilities 2%
Healthcare 2%
Energy 1%
Long book by quarter
What does Kozak & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 130.3K | $24.7M | 4.8% | -3.4% |
| AAPL APPLE INC | Technology | 86.2K | $22.3M | 4.4% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 50.0K | $19.2M | 3.7% | +1.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 79.4K | $19.0M | 3.7% | +0.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 14.7K | $14.4M | 2.8% | -1.9% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 27.7K | $2.7M | 0.5% | -6.2% |
| AVGO BROADCOM INC | Technology | 6.9K | $2.6M | 0.5% | -2.9% |
| JPM JPMORGAN CHASE & CO | Financials | 7.4K | $2.3M | 0.5% | -0.1% |
| GOOG ALPHABET INC-CL C | Technology | 6.4K | $2.0M | 0.4% | 0.0% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.6K | $1.6M | 0.3% | +0.6% |
| V VISA INC-CLASS A SHARES | Services media | 4.7K | $1.4M | 0.3% | +0.8% |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.4M | 0.3% | +0.8% |
| NFLX NETFLIX INC | Services media | 13.2K | $1.4M | 0.3% | -0.5% |
| ORCL ORACLE CORP | Technology | 7.7K | $1.2M | 0.2% | +349.9% |
| GOOGL ALPHABET INC-CL A | Technology | 3.5K | $1.1M | 0.2% | +1.1% |
| ABBV ABBVIE INC | Healthcare | 4.8K | $982K | 0.2% | -4.3% |
| WM WASTE MANAGEMENT INC | Utilities | 4.1K | $936K | 0.2% | Held |
| CVX CHEVRON CORP | Energy | 4.5K | $863K | 0.2% | +0.9% |
| DE DEERE & CO | Industrials | 1.4K | $831K | 0.2% | +0.3% |
| GEV GE VERNOVA INC | Industrials | 740 | $733K | 0.1% | -5.1% |
| AXP AMERICAN EXPRESS CO | Financials | 2.2K | $722K | 0.1% | +0.1% |
| XOM EXXON MOBIL CORP | Energy | 4.7K | $722K | 0.1% | +0.7% |
| BX BLACKSTONE INC | Financials | 5.6K | $685K | 0.1% | +2.1% |
| CSX CSX CORP | Industrials | 16.1K | $683K | 0.1% | -3.5% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 1.9K | $681K | 0.1% | +0.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 2.0K | $614K | 0.1% | +0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 903 | $573K | 0.1% | -15.1% |
| GE GENERAL ELECTRIC | Industrials | 1.8K | $560K | 0.1% | -2.5% |
| FSLR FIRST SOLAR INC | Technology | 2.6K | $531K | 0.1% | Held |
| NEE NEXTERA ENERGY INC | Utilities | 5.4K | $498K | 0.1% | -0.3% |
| DRI DARDEN RESTAURANTS INC | Consumer discretionary | 2.6K | $496K | 0.1% | +0.7% |
| HD HOME DEPOT INC | Consumer discretionary | 1.3K | $447K | 0.1% | -0.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 470 | $418K | 0.1% | +0.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.9K | $418K | 0.1% | -25.0% |
| GILD GILEAD SCIENCES INC | Healthcare | 3.0K | $417K | 0.1% | Held |
| VLO VALERO ENERGY CORP | Energy | 1.7K | $406K | 0.1% | +0.5% |
| NOW SERVICENOW INC | Technology | 4.5K | $401K | 0.1% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 4.9K | $401K | 0.1% | +1.5% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 1.9K | $373K | 0.1% | +0.1% |
| DUK DUKE ENERGY CORP | Utilities | 2.6K | $343K | 0.1% | +0.3% |
| KO COCA-COLA CO/THE | Consumer staples | 3.9K | $296K | 0.1% | -12.4% |
| BLK BLACKROCK INC | Financials | 289 | $295K | 0.1% | +0.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.2K | $291K | 0.1% | -17.3% |
| WMB WILLIAMS COS INC | Utilities | 4.0K | $287K | 0.1% | -4.2% |
| XEL XCEL ENERGY INC | Utilities | 3.5K | $281K | 0.1% | +0.7% |
| BAC BANK OF AMERICA CORP | Financials | 5.2K | $276K | 0.1% | -6.3% |
| QCOM QUALCOMM INC | Technology | 2.0K | $266K | 0.1% | +0.6% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.1K | $266K | 0.1% | +0.6% |
| LRCX LAM RESEARCH CORP | Industrials | 930 | $249K | 0.0% | +0.1% |
| SHOP SHOPIFY INC - CLASS A | Technology | 2.1K | $244K | 0.0% | -20.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 452 | $512.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 432 | $517.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 18, 2025 | 455 | $507.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 470 | $490.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 461 | $400.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 6, 2025 | 439 | $437.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 17, 2024 | 399 | $423.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 5, 2024 | 388 | $405.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 17, 2024 | 444 | $371.9M | canonical | SEC ↗ |