LOS ANGELES CAPITAL MANAGEMENT LLC
Long book
$25.38B
Q1 2026
Positions
2374
Top-10 weight
36%
concentration
Last quarter
+14.6%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsLOS ANGELES CAPITAL MANAGEMENT LLC is a mechanically diversified allocator, running a $25.38B US long book across 2374 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, BROADCOM INC, ALPHABET INC-CL C.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 6 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
+4.4%
Q2 2024
+5.6%
Q3 2024
+2.9%
Q4 2024
-6.1%
Q1 2025
+14.1%
Q2 2025
+9.0%
Q3 2025
+3.0%
Q4 2025
-4.3%
Q1 2026
+14.6%
Sector allocation
Technology 42%
Financials 12%
Industrials 11%
Healthcare 10%
Consumer discretionary 6%
Energy 5%
Utilities 3%
Materials 3%
Long book by quarter
What does LOS ANGELES own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 13.4M | $2.33B | 9.2% | -7.0% |
| AAPL APPLE INC | Technology | 7.2M | $1.83B | 7.2% | -13.9% |
| MSFT MICROSOFT CORP | Technology | 3.3M | $1.23B | 4.9% | -12.0% |
| AVGO BROADCOM INC | Technology | 3.0M | $922.5M | 3.6% | -1.0% |
| GOOG ALPHABET INC-CL C | Technology | 2.2M | $622.1M | 2.5% | -13.7% |
| GOOGL ALPHABET INC-CL A | Technology | 1.8M | $526.6M | 2.1% | -25.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.5M | $512.5M | 2.0% | -30.0% |
| LLY ELI LILLY & CO | Healthcare | 454.5K | $418.0M | 1.6% | +74.6% |
| META META PLATFORMS INC-CLASS A | Technology | 709.5K | $405.9M | 1.6% | -53.5% |
| BKNG BOOKING HOLDINGS INC | Industrials | 75.4K | $317.6M | 1.3% | +76.3% |
| T AT&T INC | Communications | 10.9M | $316.1M | 1.2% | +786.8% |
| ABBV ABBVIE INC | Healthcare | 1.3M | $274.2M | 1.1% | -45.9% |
| NEM NEWMONT CORP | Materials | 2.4M | $261.2M | 1.0% | -30.7% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 4.3M | $258.2M | 1.0% | -1.4% |
| APH AMPHENOL CORP-CL A | Technology | 1.9M | $246.2M | 1.0% | -12.3% |
| LRCX LAM RESEARCH CORP | Industrials | 1.1M | $237.9M | 0.9% | -2.8% |
| TT TRANE TECHNOLOGIES PLC | Technology | 563.8K | $235.0M | 0.9% | +20.2% |
| HIG HARTFORD INSURANCE GROUP INC | Financials | 1.7M | $234.5M | 0.9% | +56.0% |
| XOM EXXON MOBIL CORP | Energy | 1.3M | $220.5M | 0.9% | +521.6% |
| PSX PHILLIPS 66 | Energy | 1.2M | $219.7M | 0.9% | +53.0% |
| VLO VALERO ENERGY CORP | Energy | 865.8K | $213.9M | 0.8% | +132.3% |
| HWM HOWMET AEROSPACE INC | Industrials | 917.9K | $211.5M | 0.8% | -21.8% |
| INCY INCYTE CORP | Healthcare | 2.1M | $201.9M | 0.8% | -6.3% |
| ANET ARISTA NETWORKS INC | Technology | 1.5M | $186.2M | 0.7% | +3.2% |
| GD GENERAL DYNAMICS CORP | Industrials | 524.0K | $179.8M | 0.7% | -1.6% |
| ALL ALLSTATE CORP | Financials | 849.1K | $176.1M | 0.7% | +31.4% |
| TEL TE CONNECTIVITY PLC | Consumer discretionary | 830.7K | $173.6M | 0.7% | +46.2% |
| TSLA TESLA INC | Industrials | 446.8K | $166.1M | 0.7% | -43.5% |
| HCA HCA HEALTHCARE INC | Healthcare | 321.4K | $152.1M | 0.6% | +11.6% |
| FCX FREEPORT-MCMORAN INC | Materials | 2.4M | $143.0M | 0.6% | -10.2% |
| GM GENERAL MOTORS CO | Industrials | 1.8M | $136.4M | 0.5% | +56.5% |
| ES EVERSOURCE ENERGY | Utilities | 1.9M | $135.0M | 0.5% | +165.3% |
| EXEL EXELIXIS INC | Healthcare | 3.1M | $133.1M | 0.5% | +174.3% |
| EXPE EXPEDIA GROUP INC | Industrials | 572.0K | $132.1M | 0.5% | +38.8% |
| AMAT APPLIED MATERIALS INC | Technology | 381.4K | $130.4M | 0.5% | +3004.2% |
| IDXX IDEXX LABORATORIES INC | Materials | 227.4K | $127.8M | 0.5% | +18.6% |
| GEV GE VERNOVA INC | Industrials | 142.2K | $124.1M | 0.5% | -9.7% |
| RTX RTX CORP | Industrials | 640.5K | $123.6M | 0.5% | +2.5% |
| MPC MARATHON PETROLEUM CORP | Energy | 501.6K | $122.5M | 0.5% | +133.7% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 1.2M | $121.5M | 0.5% | +1325.2% |
| EIX EDISON INTERNATIONAL | Utilities | 1.6M | $119.2M | 0.5% | -46.1% |
| UHS UNIVERSAL HEALTH SERVICES-B | Healthcare | 664.6K | $118.9M | 0.5% | +95.9% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 2.3M | $116.1M | 0.5% | +122.8% |
| BAC BANK OF AMERICA CORP | Financials | 2.4M | $115.8M | 0.5% | +192.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 778.2K | $113.8M | 0.4% | -50.4% |
| CCL CARNIVAL CORP LTD | Industrials | 4.4M | $113.8M | 0.4% | New |
| AIG AMERICAN INTERNATIONAL GROUP | Financials | 1.5M | $111.9M | 0.4% | +305.4% |
| WFC WELLS FARGO & CO | Financials | 1.4M | $109.5M | 0.4% | -20.2% |
| DELL DELL TECHNOLOGIES -C | Technology | 665.6K | $109.2M | 0.4% | +303.0% |
| MORN MORNINGSTAR INC | Financials | 645.4K | $109.1M | 0.4% | +581327.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 2374 | $25.38B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 2499 | $29.35B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 1344 | $26.75B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 1320 | $26.72B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 1078 | $22.62B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 1098 | $24.62B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 1154 | $24.77B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 1165 | $25.79B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 5, 2024 | 1125 | $27.03B | canonical | SEC ↗ |
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