MARTINGALE ASSET MANAGEMENT L P
Long book
$3.99B
Q1 2026
Positions
794
Top-10 weight
11%
concentration
Last quarter
+8.4%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsMARTINGALE ASSET MANAGEMENT L P is an institutional manager, running a $3.99B US long book across 794 positions.
The portfolio is broadly diversified across 794 positions (top 10 only 11%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, JOHNSON & JOHNSON, EXXON MOBIL CORP, ALPHABET INC-CL A, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.1pp 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
+0.4%
Q2 2024
+8.4%
Q3 2024
-1.6%
Q4 2024
+1.9%
Q1 2025
+4.6%
Q2 2025
+4.5%
Q3 2025
+1.4%
Q4 2025
+2.2%
Q1 2026
+8.4%
Sector allocation
Technology 17%
Financials 17%
Industrials 13%
Healthcare 12%
Consumer discretionary 12%
Utilities 9%
Consumer staples 5%
Energy 5%
Long book by quarter
What does MARTINGALE ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 218.4K | $55.4M | 1.4% | +0.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 192.0K | $46.9M | 1.2% | -15.6% |
| XOM EXXON MOBIL CORP | Energy | 276.5K | $46.9M | 1.2% | -12.3% |
| GOOGL ALPHABET INC-CL A | Technology | 161.7K | $46.5M | 1.2% | -5.0% |
| MSFT MICROSOFT CORP | Technology | 120.0K | $44.4M | 1.1% | +11.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 212.5K | $44.3M | 1.1% | -5.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 84.0K | $40.2M | 1.0% | +1.7% |
| WMT WALMART INC | Consumer discretionary | 313.8K | $39.0M | 1.0% | -7.9% |
| CSCO CISCO SYSTEMS INC | Technology | 502.4K | $39.0M | 1.0% | -8.4% |
| T AT&T INC | Communications | 1.3M | $37.7M | 0.9% | -11.1% |
| JPM JPMORGAN CHASE & CO | Financials | 126.0K | $37.1M | 0.9% | -8.2% |
| LLY ELI LILLY & CO | Healthcare | 40.3K | $37.1M | 0.9% | -0.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 36.1K | $36.0M | 0.9% | -4.9% |
| ABBV ABBVIE INC | Healthcare | 163.3K | $35.5M | 0.9% | +3.0% |
| MRK MERCK & CO. INC. | Healthcare | 294.9K | $35.5M | 0.9% | -8.9% |
| CVX CHEVRON CORP | Energy | 168.3K | $34.8M | 0.9% | -3.3% |
| META META PLATFORMS INC-CLASS A | Technology | 58.8K | $33.6M | 0.8% | -7.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 668.5K | $33.6M | 0.8% | -3.9% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 534.7K | $32.4M | 0.8% | -2.2% |
| MO ALTRIA GROUP INC | Consumer staples | 484.0K | $31.9M | 0.8% | -1.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 219.7K | $31.7M | 0.8% | -1.1% |
| V VISA INC-CLASS A SHARES | Services media | 103.3K | $31.2M | 0.8% | -7.5% |
| NVDA NVIDIA CORP | Technology | 178.5K | $31.1M | 0.8% | -9.7% |
| MA MASTERCARD INC - A | Services media | 62.1K | $31.1M | 0.8% | -2.6% |
| VLO VALERO ENERGY CORP | Energy | 124.0K | $30.6M | 0.8% | -10.1% |
| LNG CHENIERE ENERGY INC | Utilities | 107.9K | $30.6M | 0.8% | -2.5% |
| RTX RTX CORP | Industrials | 149.2K | $28.8M | 0.7% | -3.8% |
| LMT LOCKHEED MARTIN CORP | Industrials | 47.6K | $28.8M | 0.7% | -8.6% |
| KR KROGER CO | Consumer discretionary | 397.4K | $28.8M | 0.7% | -2.1% |
| MPC MARATHON PETROLEUM CORP | Energy | 116.8K | $28.5M | 0.7% | -6.0% |
| NOC NORTHROP GRUMMAN CORP | Technology | 40.9K | $27.9M | 0.7% | -7.5% |
| TRV TRAVELERS COS INC/THE | Financials | 95.6K | $27.9M | 0.7% | -1.9% |
| PEP PEPSICO INC | Consumer staples | 178.7K | $27.7M | 0.7% | -0.8% |
| NEM NEWMONT CORP | Materials | 254.9K | $27.6M | 0.7% | -21.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 166.1K | $27.5M | 0.7% | -15.8% |
| GD GENERAL DYNAMICS CORP | Industrials | 79.5K | $27.3M | 0.7% | -3.0% |
| HD HOME DEPOT INC | Consumer discretionary | 82.8K | $27.2M | 0.7% | -5.2% |
| AXP AMERICAN EXPRESS CO | Financials | 88.7K | $26.8M | 0.7% | -4.8% |
| GE GENERAL ELECTRIC | Industrials | 93.5K | $26.5M | 0.7% | -2.7% |
| HIG HARTFORD INSURANCE GROUP INC | Financials | 195.3K | $26.4M | 0.7% | -1.7% |
| ALL ALLSTATE CORP | Financials | 124.7K | $25.8M | 0.6% | -1.8% |
| FDX FEDEX CORP | Industrials | 72.5K | $25.8M | 0.6% | +290.6% |
| ED CONSOLIDATED EDISON INC | Utilities | 226.7K | $25.7M | 0.6% | -1.5% |
| MCK MCKESSON CORP | Consumer discretionary | 29.4K | $25.5M | 0.6% | -2.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 81.3K | $25.3M | 0.6% | +3.4% |
| EXC EXELON CORP | Utilities | 512.5K | $25.1M | 0.6% | -2.1% |
| GILD GILEAD SCIENCES INC | Healthcare | 179.5K | $25.0M | 0.6% | -7.5% |
| AU ANGLOGOLD ASHANTI PLC | Materials | 256.6K | $25.0M | 0.6% | -20.9% |
| TMUS T-MOBILE US INC | Communications | 116.0K | $24.4M | 0.6% | +0.3% |
| DTE DTE ENERGY COMPANY | Utilities | 166.2K | $24.3M | 0.6% | -4.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 794 | $3.99B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1051 | $3.93B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 1032 | $3.98B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 1127 | $4.08B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 1117 | $3.93B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 1248 | $4.11B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1292 | $4.36B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 1272 | $4.63B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 1302 | $5.01B | canonical | SEC ↗ |
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