LEE DANNER & BASS INC
Long book
$1.59B
Q1 2026
Positions
246
Top-10 weight
40%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsLEE DANNER & BASS INC is an institutional manager, running a $1.59B US long book across 246 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: HCA HEALTHCARE INC, BERKSHIRE HATHAWAY INC-CL B, ALPHABET INC-CL C, APPLE INC, AGNICO EAGLE MINES LTD.
Over the last 8 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 4 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
+10.2%
Q3 2024
-1.2%
Q4 2024
+2.0%
Q1 2025
+4.3%
Q2 2025
+8.0%
Q3 2025
+3.4%
Q4 2025
-1.1%
Q1 2026
+10.7%
Sector allocation
Healthcare 20%
Financials 18%
Technology 15%
Industrials 9%
Consumer discretionary 8%
Services media 6%
Materials 6%
Communications 5%
Long book by quarter
What does LEE DANNER own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HCA HCA HEALTHCARE INC | Healthcare | 387.4K | $183.3M | 11.5% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 264.0K | $126.5M | 7.9% | -0.3% |
| GOOG ALPHABET INC-CL C | Technology | 202.1K | $58.0M | 3.6% | -0.5% |
| AAPL APPLE INC | Technology | 222.3K | $56.4M | 3.5% | +0.7% |
| AEM AGNICO EAGLE MINES LTD | Materials | 213.1K | $43.3M | 2.7% | +84.1% |
| CXW CORECIVIC INC | Real estate | 2.2M | $41.1M | 2.6% | +273.1% |
| VSAT VIASAT INC | Communications | 832.9K | $38.1M | 2.4% | +227.3% |
| MSFT MICROSOFT CORP | Technology | 91.9K | $34.0M | 2.1% | -3.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 158.9K | $33.1M | 2.1% | +2.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 34.8K | $29.4M | 1.8% | -1.0% |
| RTX RTX CORP | Industrials | 134.8K | $26.0M | 1.6% | -1.1% |
| CAT CATERPILLAR INC | Industrials | 36.3K | $25.7M | 1.6% | -0.2% |
| XOM EXXON MOBIL CORP | Energy | 151.0K | $25.6M | 1.6% | +0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 103.1K | $25.2M | 1.6% | -0.3% |
| URI UNITED RENTALS INC | Services media | 32.3K | $23.5M | 1.5% | -0.5% |
| FDX FEDEX CORP | Industrials | 58.7K | $20.9M | 1.3% | -1.3% |
| ACN ACCENTURE PLC-CL A | Services media | 103.9K | $20.6M | 1.3% | +0.3% |
| V VISA INC-CLASS A SHARES | Services media | 65.3K | $19.7M | 1.2% | +1.8% |
| L LOEWS CORP | Financials | 174.0K | $18.6M | 1.2% | +22.1% |
| TIGO MILLICOM INTL CELLULAR S.A. | Communications | 243.0K | $18.2M | 1.1% | New |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 208.7K | $18.0M | 1.1% | -1.5% |
| BKD BROOKDALE SENIOR LIVING INC | Healthcare | 1.3M | $17.8M | 1.1% | +246.4% |
| EHC ENCOMPASS HEALTH CORP | Healthcare | 183.0K | $17.7M | 1.1% | New |
| LOW LOWE'S COS INC | Consumer discretionary | 69.9K | $16.5M | 1.0% | -1.0% |
| WMT WALMART INC | Consumer discretionary | 119.3K | $14.8M | 0.9% | -0.6% |
| CMP COMPASS MINERALS INTERNATION | Materials | 605.8K | $14.1M | 0.9% | +94.9% |
| NVDA NVIDIA CORP | Technology | 79.4K | $13.8M | 0.9% | +2.7% |
| SYY SYSCO CORP | Consumer discretionary | 189.2K | $13.5M | 0.8% | +4.5% |
| META META PLATFORMS INC-CLASS A | Technology | 23.0K | $13.2M | 0.8% | +5.1% |
| TRC TEJON RANCH CO | Real estate | 695.4K | $13.1M | 0.8% | +1109.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 86.1K | $12.4M | 0.8% | +0.4% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 123.2K | $12.1M | 0.8% | +0.1% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 73.2K | $12.1M | 0.8% | +1.7% |
| RSG REPUBLIC SERVICES INC | Utilities | 53.7K | $11.8M | 0.7% | 0.0% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 260.0K | $11.6M | 0.7% | +1200.0% |
| GEO GEO GROUP INC/THE | Industrials | 685.5K | $11.5M | 0.7% | +158.2% |
| DIS WALT DISNEY CO/THE | Services media | 116.6K | $11.2M | 0.7% | -0.3% |
| MRK MERCK & CO. INC. | Healthcare | 90.0K | $10.8M | 0.7% | +0.8% |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 183.1K | $10.6M | 0.7% | -0.1% |
| MDT MEDTRONIC PLC | Healthcare | 121.4K | $10.5M | 0.7% | +7.4% |
| INTC INTEL CORP | Technology | 231.5K | $10.2M | 0.6% | +0.7% |
| HAL HALLIBURTON CO | Energy | 252.9K | $9.9M | 0.6% | +3.8% |
| GHC GRAHAM HOLDINGS CO-CLASS B | Services media | 9.2K | $9.7M | 0.6% | +103.3% |
| CCJ CAMECO CORP | Materials | 85.0K | $9.2M | 0.6% | New |
| ORCL ORACLE CORP | Technology | 60.7K | $8.9M | 0.6% | +4.1% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 39.1K | $8.8M | 0.6% | -2.6% |
| HD HOME DEPOT INC | Consumer discretionary | 25.4K | $8.4M | 0.5% | 0.0% |
| JPM JPMORGAN CHASE & CO | Financials | 28.1K | $8.3M | 0.5% | -10.7% |
| BAC BANK OF AMERICA CORP | Financials | 168.5K | $8.2M | 0.5% | -1.6% |
| AMGN AMGEN INC | Healthcare | 22.0K | $7.7M | 0.5% | +0.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 28, 2026 | 246 | $1.59B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 234 | $1.40B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 233 | $1.37B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 223 | $1.29B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 29, 2025 | 220 | $1.24B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 748 | $1.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 222 | $1.42B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 213 | $1.30B | $K fixed canonical | SEC ↗ |
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