LS Investment Advisors, LLC

Fundamental diversified ★Signal CIK 1455845
League rank
#468
in Fundamental diversified · #2871 overall
Long book
$668.3M
Q1 2026
Positions
126
Top-10 weight
43%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

LS Investment Advisors, LLC is a diversified fundamental manager, running a $668.3M US long book across 126 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, VANGUARD INT HIGH DVD YLD IN, ALPHABET INC-CL C, MICROSOFT CORP, CATERPILLAR INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+6.8%
Q3 2024
+1.5%
Q4 2024
-2.7%
Q1 2025
+6.4%
Q2 2025
+8.0%
Q3 2025
+3.1%
Q4 2025
-3.3%
Q1 2026
+12.7%

Sector allocation

Technology
42%
Consumer discretionary
16%
Financials
12%
Industrials
9%
Services media
5%
Healthcare
4%
Other
4%
Energy
3%

Long book by quarter

$630.1M
Q1 2024
$640.8M
Q2 2024
$676.9M
Q3 2024
$682.0M
Q4 2024
$649.8M
Q1 2025
$684.3M
Q2 2025
$709.9M
Q3 2025
$713.7M
Q4 2025
$668.3M
Q1 2026

What does LS Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology271.3K$68.9M10.3%-5.5%
GOOG ALPHABET INC-CL CTechnology127.0K$36.4M5.5%-11.7%
MSFT MICROSOFT CORPTechnology76.0K$28.1M4.2%-4.4%
CAT CATERPILLAR INCIndustrials29.8K$21.1M3.2%-9.6%
NVDA NVIDIA CORPTechnology121.1K$21.1M3.2%-9.3%
V VISA INC-CLASS A SHARESServices media60.5K$18.3M2.7%-3.9%
HD HOME DEPOT INCConsumer discretionary53.2K$17.5M2.6%-3.3%
WMT WALMART INCConsumer discretionary137.6K$17.1M2.6%-9.6%
ECL ECOLAB INCOther62.4K$16.6M2.5%-3.4%
GOOGL ALPHABET INC-CL ATechnology56.5K$16.2M2.4%-11.1%
AMZN AMAZON.COM INCConsumer discretionary74.4K$15.5M2.3%-4.3%
AVGO BROADCOM INCTechnology49.7K$15.4M2.3%-13.0%
CB CHUBB LTDFinancials42.8K$14.0M2.1%-4.7%
RTX RTX CORPIndustrials70.1K$13.5M2.0%-4.0%
BAC BANK OF AMERICA CORPFinancials247.9K$12.1M1.8%-5.0%
BLK BLACKROCK INCFinancials12.5K$12.0M1.8%-9.8%
GWW WW GRAINGER INCConsumer discretionary10.3K$11.2M1.7%-7.2%
EMR EMERSON ELECTRIC COIndustrials78.2K$10.2M1.5%-5.3%
META META PLATFORMS INC-CLASS ATechnology17.8K$10.2M1.5%-6.6%
LIN LINDE PLCMaterials19.1K$9.5M1.4%-0.1%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary29.5K$9.5M1.4%-7.1%
QCOM QUALCOMM INCTechnology70.3K$9.1M1.4%-6.8%
XOM EXXON MOBIL CORPEnergy49.5K$8.4M1.3%+193.6%
DHR DANAHER CORPTechnology41.6K$7.9M1.2%-1.2%
COST COSTCO WHOLESALE CORPConsumer discretionary7.8K$7.7M1.2%-2.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials15.8K$7.6M1.1%-4.1%
DIS WALT DISNEY CO/THEServices media76.7K$7.4M1.1%+0.5%
IBM INTL BUSINESS MACHINES CORPTechnology28.1K$6.8M1.0%+369.2%
JNJ JOHNSON & JOHNSONHealthcare26.2K$6.4M1.0%+70.3%
CSCO CISCO SYSTEMS INCTechnology82.0K$6.4M1.0%+150.3%
CVX CHEVRON CORPEnergy30.4K$6.3M0.9%+34.8%
WM WASTE MANAGEMENT INCUtilities25.4K$5.8M0.9%-4.2%
APH AMPHENOL CORP-CL ATechnology40.6K$5.1M0.8%+709.3%
TJX TJX COMPANIES INCConsumer discretionary29.4K$4.7M0.7%+502.4%
LLY ELI LILLY & COHealthcare4.9K$4.5M0.7%+148.2%
NEE NEXTERA ENERGY INCUtilities45.7K$4.2M0.6%-13.8%
SCHW SCHWAB (CHARLES) CORPFinancials44.4K$4.2M0.6%-8.3%
GD GENERAL DYNAMICS CORPIndustrials11.3K$3.9M0.6%+1.2%
COF CAPITAL ONE FINANCIAL CORPFinancials20.6K$3.8M0.6%-7.6%
MRK MERCK & CO. INC.Healthcare31.2K$3.7M0.6%-8.1%
JPM JPMORGAN CHASE & COFinancials12.4K$3.7M0.5%+124.5%
ABBV ABBVIE INCHealthcare13.6K$3.0M0.4%+23.8%
PG PROCTER & GAMBLE CO/THEOther20.2K$2.9M0.4%+19.5%
AZO AUTOZONE INCConsumer discretionary700$2.4M0.4%Held
USB US BANCORPFinancials45.3K$2.4M0.4%-27.9%
ADP AUTOMATIC DATA PROCESSINGTechnology10.8K$2.2M0.3%-60.9%
AEP AMERICAN ELECTRIC POWERUtilities13.3K$1.7M0.3%-15.1%
PFE PFIZER INCHealthcare62.1K$1.7M0.3%-10.4%
TGT TARGET CORPConsumer discretionary13.9K$1.7M0.3%+2.2%
PEP PEPSICO INCConsumer staples10.7K$1.7M0.2%-4.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 2026126$668.3M canonicalSEC ↗
Q4 202513F-HRJan 26, 2026131$713.7M canonicalSEC ↗
Q3 202513F-HROct 22, 2025138$709.9M canonicalSEC ↗
Q2 202513F-HRJul 16, 2025132$684.3M canonicalSEC ↗
Q1 202513F-HRApr 10, 2025129$649.8M canonicalSEC ↗
Q4 202413F-HRJan 24, 2025134$682.0M canonicalSEC ↗
Q3 202413F-HROct 31, 2024139$676.9M canonicalSEC ↗
Q2 202413F-HRJul 26, 2024136$640.8M canonicalSEC ↗
Q1 202413F-HRApr 30, 2024137$630.1M canonicalSEC ↗