MONTAG A & ASSOCIATES INC

Other Low signal CIK 829407
League rank
#770
in Other · #2612 overall
Long book
$2.15B
Q1 2026
Positions
938
Top-10 weight
31%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

MONTAG A & ASSOCIATES INC is an institutional manager, running a $2.15B US long book across 938 positions.

The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, SS SPDR S&P 500 ETF TRUST-US, APPLE INC, STATE STREET SPDR S&P MIDCAP, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.9pp 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
+1.5%
Q2 2024
+5.2%
Q3 2024
+0.3%
Q4 2024
-3.2%
Q1 2025
+8.2%
Q2 2025
+6.8%
Q3 2025
+2.7%
Q4 2025
-2.7%
Q1 2026
+13.0%

Sector allocation

Technology
32%
Consumer discretionary
15%
Financials
12%
Healthcare
10%
Industrials
10%
Services media
7%
Consumer staples
4%
Other
3%

Long book by quarter

$2.00B
Q1 2024
$1.98B
Q2 2024
$2.12B
Q3 2024
$2.11B
Q4 2024
$2.00B
Q1 2025
$2.05B
Q2 2025
$2.17B
Q3 2025
$2.19B
Q4 2025
$2.15B
Q1 2026

What does MONTAG A own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology295.2K$74.9M3.5%-1.9%
GOOG ALPHABET INC-CL CTechnology200.0K$57.4M2.7%-3.2%
MSFT MICROSOFT CORPTechnology138.4K$51.2M2.4%-0.1%
AMZN AMAZON.COM INCConsumer discretionary187.8K$39.1M1.8%-2.2%
NVDA NVIDIA CORPTechnology174.9K$30.5M1.4%-5.5%
WMT WALMART INCConsumer discretionary233.6K$29.1M1.4%+0.2%
KO COCA-COLA CO/THEConsumer staples374.9K$28.7M1.3%+0.4%
LLY ELI LILLY & COHealthcare28.8K$26.4M1.2%+1.9%
GOOGL ALPHABET INC-CL ATechnology85.2K$24.5M1.1%-2.9%
JPM JPMORGAN CHASE & COFinancials82.3K$24.2M1.1%+3.5%
JNJ JOHNSON & JOHNSONHealthcare90.1K$22.0M1.0%+2.3%
HD HOME DEPOT INCConsumer discretionary66.5K$21.9M1.0%+3.0%
AVGO BROADCOM INCTechnology67.3K$20.8M1.0%-4.8%
GS GOLDMAN SACHS GROUP INCFinancials24.6K$20.8M1.0%+3.5%
V VISA INC-CLASS A SHARESServices media68.8K$20.8M1.0%+1.2%
MRK MERCK & CO. INC.Healthcare137.8K$16.7M0.8%-2.8%
AMAT APPLIED MATERIALS INCTechnology47.7K$16.3M0.8%+11.3%
ABBV ABBVIE INCHealthcare72.2K$15.7M0.7%-3.7%
COST COSTCO WHOLESALE CORPConsumer discretionary15.0K$15.0M0.7%+4.4%
ADI ANALOG DEVICES INCTechnology46.3K$14.7M0.7%+17.0%
MAR MARRIOTT INTERNATIONAL -CL AServices media43.7K$14.3M0.7%-1.0%
PEP PEPSICO INCConsumer staples87.5K$13.6M0.6%-0.7%
TJX TJX COMPANIES INCConsumer discretionary81.0K$12.9M0.6%-0.4%
PH PARKER HANNIFIN CORPIndustrials14.4K$12.8M0.6%-1.9%
XOM EXXON MOBIL CORPEnergy75.2K$12.8M0.6%-7.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials25.9K$12.4M0.6%+13.6%
AME AMETEK INCTechnology51.4K$11.0M0.5%+0.7%
SYK STRYKER CORPHealthcare33.1K$10.9M0.5%-7.7%
MA MASTERCARD INC - AServices media20.9K$10.5M0.5%+0.2%
ABT ABBOTT LABORATORIESHealthcare99.3K$10.2M0.5%-0.5%
URI UNITED RENTALS INCServices media13.6K$9.9M0.5%-33.0%
MS MORGAN STANLEYFinancials59.5K$9.8M0.5%-4.2%
PG PROCTER & GAMBLE CO/THEOther67.6K$9.8M0.5%+9.7%
CSCO CISCO SYSTEMS INCTechnology119.3K$9.3M0.4%-1.5%
CVX CHEVRON CORPEnergy43.6K$9.0M0.4%+1.7%
EFX EQUIFAX INCServices media49.6K$8.9M0.4%Held
CBRE CBRE GROUP INC - AReal estate65.1K$8.8M0.4%+4.9%
CAT CATERPILLAR INCIndustrials12.4K$8.8M0.4%-20.1%
MCD MCDONALD'S CORPConsumer discretionary26.5K$8.2M0.4%+11.8%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials11$7.9M0.4%Held
CPRT COPART INCConsumer discretionary232.2K$7.7M0.4%+3.0%
ICE INTERCONTINENTAL EXCHANGE INFinancials48.3K$7.6M0.4%-1.2%
ADBE ADOBE INCTechnology30.4K$7.4M0.3%-6.8%
GPC GENUINE PARTS COConsumer discretionary64.9K$6.9M0.3%+19.6%
ISRG INTUITIVE SURGICAL INCHealthcare14.5K$6.7M0.3%-7.1%
BAC BANK OF AMERICA CORPFinancials135.8K$6.6M0.3%-4.6%
NEE NEXTERA ENERGY INCUtilities70.9K$6.6M0.3%-0.2%
CASY CASEY'S GENERAL STORES INCConsumer discretionary9.0K$6.6M0.3%+3.2%
LRCX LAM RESEARCH CORPIndustrials30.4K$6.5M0.3%+4.2%
ULTA ULTA BEAUTY INCConsumer discretionary11.2K$5.8M0.3%+32.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 29, 2026940$2.15B canonicalSEC ↗
Q4 202513F-HRFeb 2, 2026950$2.19B canonicalSEC ↗
Q3 202513F-HRNov 12, 20251121$2.17B canonicalSEC ↗
Q2 202513F-HRAug 7, 2025950$13.2M canonicalSEC ↗
Q1 202513F-HRMay 5, 2025994$2.00B canonicalSEC ↗
Q4 202413F-HRJan 30, 2025993$2.11B canonicalSEC ↗
Q3 202413F-HRNov 5, 20241027$2.12B canonicalSEC ↗
Q2 202413F-HRJul 31, 2024979$1.98B canonicalSEC ↗
Q1 202413F-HRMay 7, 2024969$2.00B canonicalSEC ↗