Linden Thomas Advisory Services, LLC
Long book
$1.04B
Q1 2026
Positions
530
Top-10 weight
13%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsLinden Thomas Advisory Services, LLC is an institutional manager, running a $1.04B US long book across 530 positions.
The portfolio is broadly diversified across 530 positions (top 10 only 13%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, ALPHABET INC-CL A, APPLE INC, BROADCOM INC, ARISTA NETWORKS INC.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 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
+0.3%
Q2 2024
+7.1%
Q3 2024
+2.5%
Q4 2024
-4.8%
Q1 2025
+9.3%
Q2 2025
+6.8%
Q3 2025
-0.6%
Q4 2025
-2.1%
Q1 2026
+15.7%
Sector allocation
Technology 32%
Industrials 14%
Healthcare 12%
Consumer discretionary 9%
Financials 8%
Services media 7%
Other 4%
Utilities 3%
Long book by quarter
What does Linden Thomas own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 175.4K | $30.6M | 2.9% | -6.9% |
| GOOGL ALPHABET INC-CL A | Technology | 59.4K | $17.1M | 1.6% | +80.3% |
| AAPL APPLE INC | Technology | 63.2K | $16.0M | 1.5% | -20.2% |
| AVGO BROADCOM INC | Technology | 49.8K | $15.4M | 1.5% | +27.1% |
| ANET ARISTA NETWORKS INC | Technology | 105.8K | $13.0M | 1.3% | +22.7% |
| MSFT MICROSOFT CORP | Technology | 27.7K | $10.3M | 1.0% | -5.7% |
| META META PLATFORMS INC-CLASS A | Technology | 13.9K | $8.0M | 0.8% | -39.5% |
| RMD RESMED INC | Healthcare | 34.3K | $7.7M | 0.7% | +3.4% |
| HEI HEICO CORP | Industrials | 26.8K | $7.4M | 0.7% | +1.3% |
| MO ALTRIA GROUP INC | Consumer staples | 110.4K | $7.3M | 0.7% | +3.5% |
| XOM EXXON MOBIL CORP | Energy | 42.2K | $7.2M | 0.7% | +6.1% |
| NFLX NETFLIX INC | Services media | 72.1K | $6.9M | 0.7% | +21.4% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 13.7K | $6.7M | 0.6% | +2.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 133.6K | $6.7M | 0.6% | +6.8% |
| FFIV F5 INC | Technology | 23.1K | $6.7M | 0.6% | -8.5% |
| GLW CORNING INC | Industrials | 47.8K | $6.5M | 0.6% | +2.9% |
| MATX MATSON INC | Industrials | 38.5K | $6.3M | 0.6% | +30.5% |
| WMT WALMART INC | Consumer discretionary | 49.0K | $6.1M | 0.6% | +6.9% |
| PANW PALO ALTO NETWORKS INC | Technology | 37.6K | $6.0M | 0.6% | +17.7% |
| SPGI S&P GLOBAL INC | Services media | 14.2K | $6.0M | 0.6% | +3.5% |
| KLAC KLA CORP | Other | 4.0K | $6.0M | 0.6% | -14.8% |
| KNSA KINIKSA PHARMACEUTICALS INTE | Healthcare | 121.8K | $5.9M | 0.6% | +6.4% |
| CSCO CISCO SYSTEMS INC | Technology | 73.9K | $5.7M | 0.6% | +3.4% |
| LLY ELI LILLY & CO | Healthcare | 6.1K | $5.6M | 0.5% | +19.9% |
| AGX ARGAN INC | Industrials | 10.2K | $5.6M | 0.5% | +96.6% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 4.0K | $5.5M | 0.5% | +95.8% |
| CDNS CADENCE DESIGN SYS INC | Technology | 19.7K | $5.5M | 0.5% | +17.8% |
| V VISA INC-CLASS A SHARES | Services media | 18.1K | $5.5M | 0.5% | -12.1% |
| WMB WILLIAMS COS INC | Utilities | 75.3K | $5.5M | 0.5% | +3.2% |
| TSLA TESLA INC | Industrials | 14.7K | $5.4M | 0.5% | +50.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 5.3K | $5.3M | 0.5% | +31.5% |
| USLM UNITED STATES LIME & MINERAL | Materials | 40.3K | $5.3M | 0.5% | +0.6% |
| NOW SERVICENOW INC | Technology | 50.3K | $5.3M | 0.5% | +73.2% |
| AMD ADVANCED MICRO DEVICES | Technology | 25.8K | $5.3M | 0.5% | +12.5% |
| NRG NRG ENERGY INC | Utilities | 35.9K | $5.3M | 0.5% | +1.9% |
| APH AMPHENOL CORP-CL A | Technology | 41.4K | $5.2M | 0.5% | +8.3% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 11.2K | $5.2M | 0.5% | +1.3% |
| INTU INTUIT INC | Technology | 11.9K | $5.1M | 0.5% | +50.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 8.4K | $5.1M | 0.5% | -4.0% |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 22.7K | $5.0M | 0.5% | -25.4% |
| GEV GE VERNOVA INC | Industrials | 5.8K | $5.0M | 0.5% | -42.0% |
| LMAT LEMAITRE VASCULAR INC | Healthcare | 45.9K | $5.0M | 0.5% | +31.1% |
| GSAT GLOBALSTAR INC | Communications | 75.5K | $5.0M | 0.5% | +0.6% |
| AZO AUTOZONE INC | Consumer discretionary | 1.5K | $5.0M | 0.5% | +1.2% |
| COR CENCORA INC | Consumer discretionary | 15.6K | $4.9M | 0.5% | +2.8% |
| TMUS T-MOBILE US INC | Communications | 23.3K | $4.9M | 0.5% | +9.5% |
| ABT ABBOTT LABORATORIES | Healthcare | 47.6K | $4.9M | 0.5% | +2.6% |
| MA MASTERCARD INC - A | Services media | 9.6K | $4.8M | 0.5% | -25.9% |
| ICHR ICHOR HOLDINGS LTD | Technology | 102.7K | $4.8M | 0.5% | +102.6% |
| FTNT FORTINET INC | Technology | 58.6K | $4.8M | 0.5% | +1.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 10, 2026 | 530 | $1.04B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 485 | $986.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 483 | $988.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 478 | $908.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 460 | $772.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 469 | $789.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 17, 2024 | 465 | $731.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 10, 2024 | 446 | $647.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 453 | $622.5M | canonical | SEC ↗ |
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