LYNCH & ASSOCIATES/IN

Fundamental diversified ★Signal CIK 1108965
League rank
#715
in Fundamental diversified · #5818 overall
Long book
$532.6M
Q1 2026
Positions
126
Top-10 weight
38%
concentration
Last quarter
+9.1%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

LYNCH & ASSOCIATES/IN is a diversified fundamental manager, running a $532.6M US long book across 126 positions.

The portfolio is moderately concentrated (top 10 ≈ 38% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, WALMART INC, ISHARES CORE S&P 500 ETF, ISHARES CORE S&P MIDCAP ETF, JOHNSON & JOHNSON.

Over the last 9 quarters its long book ran on average 1.2pp 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
+0.4%
Q2 2024
+6.9%
Q3 2024
-1.1%
Q4 2024
+0.2%
Q1 2025
+6.1%
Q2 2025
+5.7%
Q3 2025
+2.9%
Q4 2025
-0.4%
Q1 2026
+9.1%

Sector allocation

Technology
23%
Healthcare
20%
Consumer discretionary
14%
Industrials
12%
Financials
12%
Energy
8%
Other
4%
Consumer staples
3%

Long book by quarter

$433.0M
Q1 2024
$443.8M
Q2 2024
$473.0M
Q3 2024
$460.9M
Q4 2024
$462.3M
Q1 2025
$496.4M
Q2 2025
$517.9M
Q3 2025
$528.9M
Q4 2025
$532.6M
Q1 2026

What does LYNCH & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology101.0K$37.4M7.0%-0.3%
WMT WALMART INCConsumer discretionary177.5K$22.1M4.1%-1.9%
JNJ JOHNSON & JOHNSONHealthcare86.8K$21.2M4.0%-1.3%
XOM EXXON MOBIL CORPEnergy120.8K$20.5M3.8%-1.4%
JPM JPMORGAN CHASE & COFinancials52.5K$15.4M2.9%-0.3%
ABBV ABBVIE INCHealthcare69.8K$15.2M2.9%+0.1%
AAPL APPLE INCTechnology49.9K$12.7M2.4%+0.9%
PG PROCTER & GAMBLE CO/THEOther86.4K$12.5M2.3%-0.7%
CSCO CISCO SYSTEMS INCTechnology148.8K$11.5M2.2%-0.9%
MRK MERCK & CO. INC.Healthcare93.4K$11.2M2.1%+0.5%
IBM INTL BUSINESS MACHINES CORPTechnology46.2K$11.2M2.1%-1.3%
CVX CHEVRON CORPEnergy53.2K$11.0M2.1%+1.2%
MCD MCDONALD'S CORPConsumer discretionary34.3K$10.7M2.0%+0.7%
EMR EMERSON ELECTRIC COIndustrials72.8K$9.5M1.8%-1.2%
LMT LOCKHEED MARTIN CORPIndustrials15.5K$9.4M1.8%-0.7%
GOOGL ALPHABET INC-CL ATechnology30.6K$8.8M1.7%+0.5%
LLY ELI LILLY & COHealthcare8.7K$8.0M1.5%Held
KO COCA-COLA CO/THEConsumer staples96.3K$7.3M1.4%-0.9%
BAC BANK OF AMERICA CORPFinancials144.6K$7.0M1.3%+0.5%
RTX RTX CORPIndustrials36.0K$7.0M1.3%-0.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials13.0K$6.2M1.2%-0.5%
LOW LOWE'S COS INCConsumer discretionary26.3K$6.2M1.2%+2.2%
NEE NEXTERA ENERGY INCUtilities63.8K$5.9M1.1%+3.3%
HON HONEYWELL INTERNATIONAL INCIndustrials26.1K$5.9M1.1%-2.1%
SYK STRYKER CORPHealthcare17.7K$5.8M1.1%-0.6%
TJX TJX COMPANIES INCConsumer discretionary35.4K$5.6M1.1%-0.8%
ABT ABBOTT LABORATORIESHealthcare51.0K$5.2M1.0%-5.0%
FRME FIRST MERCHANTS CORPFinancials130.0K$5.0M0.9%New
UPS UNITED PARCEL SERVICE-CL BIndustrials48.4K$4.8M0.9%+15.8%
TXN TEXAS INSTRUMENTS INCTechnology24.3K$4.7M0.9%+11.9%
COF CAPITAL ONE FINANCIAL CORPFinancials23.3K$4.3M0.8%-0.8%
ITW ILLINOIS TOOL WORKSIndustrials16.3K$4.2M0.8%-1.7%
SYY SYSCO CORPConsumer discretionary57.9K$4.1M0.8%+0.3%
BA BOEING CO/THEIndustrials20.5K$4.1M0.8%+0.7%
DUK DUKE ENERGY CORPUtilities30.8K$4.0M0.8%+0.1%
USB US BANCORPFinancials74.3K$3.9M0.7%+1.4%
AMZN AMAZON.COM INCConsumer discretionary18.5K$3.8M0.7%-2.8%
MMM 3M COHealthcare25.0K$3.6M0.7%-1.1%
DIS WALT DISNEY CO/THEServices media30.7K$3.0M0.6%+1.5%
TTE TOTALENERGIES SEEnergy30.3K$2.8M0.5%-2.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples15.3K$2.5M0.5%+0.9%
HD HOME DEPOT INCConsumer discretionary7.7K$2.5M0.5%+5.5%
PFE PFIZER INCHealthcare88.0K$2.5M0.5%+23.7%
V VISA INC-CLASS A SHARESServices media8.1K$2.4M0.5%+0.7%
META META PLATFORMS INC-CLASS ATechnology4.0K$2.3M0.4%+3.7%
AMGN AMGEN INCHealthcare6.4K$2.2M0.4%+1.7%
CVS CVS HEALTH CORPHealthcare27.2K$2.0M0.4%-0.2%
MO ALTRIA GROUP INCConsumer staples29.1K$1.9M0.4%-1.0%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary5.7K$1.8M0.3%+0.6%
UNP UNION PACIFIC CORPIndustrials7.5K$1.8M0.3%+0.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 8, 2026126$532.6M canonicalSEC ↗
Q4 202513F-HRJan 7, 2026124$528.9M canonicalSEC ↗
Q3 202513F-HROct 7, 2025127$517.9M canonicalSEC ↗
Q2 202513F-HRJul 15, 2025125$496.4M canonicalSEC ↗
Q1 202513F-HRApr 17, 2025118$462.3M canonicalSEC ↗
Q4 202413F-HRJan 10, 2025116$460.9M canonicalSEC ↗
Q3 202413F-HROct 15, 2024120$473.0M canonicalSEC ↗
Q2 202413F-HRAug 6, 2024119$443.8M canonicalSEC ↗
Q1 202413F-HRApr 9, 2024121$446.7M canonicalSEC ↗