MANAGED ASSET PORTFOLIOS, LLC

Fundamental diversified ★Signal CIK 1600999
League rank
#851
in Fundamental diversified · #6991 overall
Long book
$834.4M
Q1 2026
Positions
51
Top-10 weight
43%
concentration
Last quarter
+5.5%
SPY +14.8%
Turnover
21%
of book per quarter

Strategy in plain words

auto-generated from filings

MANAGED ASSET PORTFOLIOS, LLC is a diversified fundamental manager, running a $834.4M US long book across 51 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: CHEVRON CORP, SPROTT PHYSICAL GOLD AND SIL, APPLIED MATERIALS INC, NATIONAL FUEL GAS CO, TAKEDA PHARMACEUTIC-SP ADR.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of 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
+2.0%
Q2 2024
+6.5%
Q3 2024
-3.3%
Q4 2024
+3.4%
Q1 2025
+10.4%
Q2 2025
+6.6%
Q3 2025
+4.8%
Q4 2025
+6.1%
Q1 2026
+5.5%

Sector allocation

Technology
28%
Consumer discretionary
10%
Services media
10%
Energy
8%
Healthcare
8%
Materials
7%
Financials
6%
Utilities
6%

Long book by quarter

$687.0M
Q1 2024
$674.5M
Q2 2024
$707.9M
Q3 2024
$674.6M
Q4 2024
$721.8M
Q1 2025
$769.7M
Q2 2025
$807.7M
Q3 2025
$828.1M
Q4 2025
$834.4M
Q1 2026

What does MANAGED ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CVX CHEVRON CORPEnergy232.5K$48.1M5.8%+63.0%
AMAT APPLIED MATERIALS INCTechnology108.3K$37.0M4.4%-3.3%
NFG NATIONAL FUEL GAS COUtilities387.8K$36.4M4.4%+1.8%
BG BUNGE GLOBAL SAConsumer staples247.6K$31.5M3.8%-2.4%
MSFT MICROSOFT CORPTechnology82.4K$30.5M3.7%-7.1%
CSCO CISCO SYSTEMS INCTechnology386.0K$29.9M3.6%-21.5%
GOOG ALPHABET INC-CL CTechnology103.7K$29.7M3.6%-3.3%
VZ VERIZON COMMUNICATIONS INCCommunications589.1K$29.6M3.5%+43.6%
MDT MEDTRONIC PLCHealthcare310.5K$26.9M3.2%-0.6%
TTEK TETRA TECH INCServices media886.9K$26.7M3.2%+4.9%
HON HONEYWELL INTERNATIONAL INCIndustrials103.8K$23.5M2.8%+3.1%
AON AON PLC-CLASS AFinancials71.6K$23.1M2.8%+23.8%
META META PLATFORMS INC-CLASS ATechnology38.4K$22.0M2.6%-1.2%
WMT WALMART INCConsumer discretionary176.7K$22.0M2.6%-32.1%
MDU MDU RESOURCES GROUP INCMaterials1.0M$21.5M2.6%-2.8%
JNJ JOHNSON & JOHNSONHealthcare81.5K$19.9M2.4%-1.8%
MOS MOSAIC CO/THEOther728.2K$18.6M2.2%+3.9%
V VISA INC-CLASS A SHARESServices media61.1K$18.5M2.2%+18.7%
PSMT PRICESMART INCConsumer discretionary114.9K$17.3M2.1%-23.4%
FCX FREEPORT-MCMORAN INCMaterials280.9K$16.5M2.0%-16.5%
WDAY WORKDAY INC-CLASS ATechnology100.0K$13.0M1.6%+116.2%
ARCO ARCOS DORADOS HOLDINGS INC-AConsumer discretionary1.5M$12.7M1.5%+4.7%
CME CME GROUP INCFinancials41.5K$12.3M1.5%-1.1%
ETN EATON CORP PLCIndustrials31.6K$11.3M1.4%+0.5%
HD HOME DEPOT INCConsumer discretionary30.8K$10.1M1.2%-1.9%
MU MICRON TECHNOLOGY INCTechnology29.4K$9.9M1.2%-32.1%
UBER UBER TECHNOLOGIES INCServices media120.7K$8.7M1.0%+54.3%
SOLS SOLSTICE ADV MATERIALS INCMaterials105.5K$8.0M1.0%-1.7%
FIS FIDELITY NATIONAL INFO SERVServices media120.7K$5.7M0.7%+14.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.1K$1.9M0.2%New
ZTS ZOETIS INCHealthcare9.0K$1.1M0.1%+32.9%
CPB THE CAMPBELL'S COMPANYConsumer staples40.6K$903K0.1%+12.8%
ONT ONTERRIS INCServices media29.7K$650K0.1%+2.3%
AAPL APPLE INCTechnology1.0K$266K0.0%+8.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 202651$834.4M canonicalSEC ↗
Q4 202513F-HRJan 29, 202662$828.1M canonicalSEC ↗
Q3 202513F-HRNov 12, 202551$807.7M canonicalSEC ↗
Q2 202513F-HRAug 11, 202548$769.7M canonicalSEC ↗
Q1 202513F-HRMay 12, 202550$721.8M canonicalSEC ↗
Q4 202413F-HRFeb 7, 202552$674.6M canonicalSEC ↗
Q3 202413F-HRNov 12, 202448$707.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202443$674.5M canonicalSEC ↗
Q1 202413F-HRMay 9, 202473$687.0M canonicalSEC ↗