MJP ASSOCIATES INC /ADV
Long book
$823.2M
Q1 2026
Positions
227
Top-10 weight
56%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsMJP ASSOCIATES INC /ADV is a wealth-management firm allocating client money, running a $823.2M US long book across 227 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S&P 500 ETF, VANGUARD DIVIDEND APPREC ETF, JANUS HENDERSON AAA CLO ETF, PIMCO ENHANCED SHORT MATURIT, ISHARES FLEX I A ETF-USD INC.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 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
+3.2%
Q2 2024
+5.7%
Q3 2024
+1.8%
Q4 2024
-3.8%
Q1 2025
+7.7%
Q2 2025
+6.3%
Q3 2025
+2.2%
Q4 2025
-2.8%
Q1 2026
+10.5%
Sector allocation
Technology 54%
Consumer discretionary 10%
Financials 8%
Industrials 8%
Healthcare 7%
Services media 3%
Energy 3%
Utilities 2%
Long book by quarter
What does MJP ASSOCIATES own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 139.5K | $35.4M | 4.3% | -5.3% |
| NVDA NVIDIA CORP | Technology | 109.4K | $19.1M | 2.3% | +5.6% |
| MSFT MICROSOFT CORP | Technology | 27.0K | $10.0M | 1.2% | -1.4% |
| GOOGL ALPHABET INC-CL A | Technology | 29.9K | $8.6M | 1.0% | -2.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 38.1K | $7.9M | 1.0% | -4.6% |
| JPM JPMORGAN CHASE & CO | Financials | 15.8K | $4.7M | 0.6% | -0.4% |
| META META PLATFORMS INC-CLASS A | Technology | 7.8K | $4.5M | 0.5% | +16.7% |
| GOOG ALPHABET INC-CL C | Technology | 12.0K | $3.4M | 0.4% | +30.4% |
| LLY ELI LILLY & CO | Healthcare | 3.7K | $3.4M | 0.4% | +11.4% |
| AVGO BROADCOM INC | Technology | 9.7K | $3.0M | 0.4% | +4.1% |
| WMT WALMART INC | Consumer discretionary | 23.0K | $2.9M | 0.3% | +2.2% |
| XOM EXXON MOBIL CORP | Energy | 16.5K | $2.8M | 0.3% | -0.1% |
| TSLA TESLA INC | Industrials | 6.7K | $2.5M | 0.3% | -4.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.9K | $2.4M | 0.3% | -3.8% |
| RTX RTX CORP | Industrials | 11.9K | $2.3M | 0.3% | -1.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.2K | $2.2M | 0.3% | +8.3% |
| MRK MERCK & CO. INC. | Healthcare | 16.6K | $2.0M | 0.2% | -28.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 7.5K | $1.8M | 0.2% | -7.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.4K | $1.8M | 0.2% | +2.9% |
| ABBV ABBVIE INC | Healthcare | 8.0K | $1.7M | 0.2% | +2.2% |
| GE GENERAL ELECTRIC | Industrials | 5.8K | $1.6M | 0.2% | -6.4% |
| MA MASTERCARD INC - A | Services media | 3.1K | $1.6M | 0.2% | +20.6% |
| V VISA INC-CLASS A SHARES | Services media | 4.8K | $1.5M | 0.2% | -6.7% |
| BAC BANK OF AMERICA CORP | Financials | 27.6K | $1.3M | 0.2% | -3.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 9.0K | $1.3M | 0.2% | -7.0% |
| KO COCA-COLA CO/THE | Consumer staples | 15.8K | $1.2M | 0.1% | +2.8% |
| HD HOME DEPOT INC | Consumer discretionary | 3.6K | $1.2M | 0.1% | +3.2% |
| APH AMPHENOL CORP-CL A | Technology | 9.4K | $1.2M | 0.1% | +6.1% |
| NFLX NETFLIX INC | Services media | 12.4K | $1.2M | 0.1% | +51.2% |
| RDDT REDDIT INC-CL A | Technology | 8.7K | $1.2M | 0.1% | -12.5% |
| CVX CHEVRON CORP | Energy | 5.6K | $1.2M | 0.1% | +6.1% |
| GEV GE VERNOVA INC | Industrials | 1.3K | $1.1M | 0.1% | +5.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 3.8K | $1.0M | 0.1% | +37.9% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 733 | $969K | 0.1% | -33.8% |
| CSCO CISCO SYSTEMS INC | Technology | 12.3K | $957K | 0.1% | -1.0% |
| CAT CATERPILLAR INC | Industrials | 1.3K | $948K | 0.1% | +2.5% |
| AMGN AMGEN INC | Healthcare | 2.6K | $915K | 0.1% | -41.9% |
| T AT&T INC | Communications | 31.5K | $913K | 0.1% | +3.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 5.5K | $909K | 0.1% | +4.7% |
| MU MICRON TECHNOLOGY INC | Technology | 2.4K | $814K | 0.1% | +4.0% |
| MCD MCDONALD'S CORP | Consumer discretionary | 2.5K | $768K | 0.1% | -15.4% |
| ORCL ORACLE CORP | Technology | 4.8K | $699K | 0.1% | +26.4% |
| PFE PFIZER INC | Healthcare | 23.7K | $665K | 0.1% | +2.4% |
| WMB WILLIAMS COS INC | Utilities | 9.1K | $662K | 0.1% | +8.2% |
| MS MORGAN STANLEY | Financials | 3.9K | $648K | 0.1% | +14.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 4.3K | $632K | 0.1% | -21.0% |
| TXN TEXAS INSTRUMENTS INC | Technology | 3.3K | $632K | 0.1% | +5.7% |
| DUK DUKE ENERGY CORP | Utilities | 4.8K | $625K | 0.1% | -12.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 3.8K | $607K | 0.1% | +0.2% |
| PEP PEPSICO INC | Consumer staples | 3.9K | $605K | 0.1% | -0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 231 | $823.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 248 | $799.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 255 | $759.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 241 | $674.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 225 | $554.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 230 | $556.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 210 | $527.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 12, 2024 | 234 | $480.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 11, 2024 | 226 | $459.6M | canonical | SEC ↗ |