NORDEN GROUP LLC

Other Low signal CIK 1990699
League rank
#637
in Other · #2233 overall
Long book
$1.04B
Q1 2026
Positions
615
Top-10 weight
28%
concentration
Last quarter
+13.7%
SPY +14.8%
Turnover
22%
of book per quarter

Strategy in plain words

auto-generated from filings

NORDEN GROUP LLC is an institutional manager, running a $1.04B US long book across 615 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: PGIM AAA CLO ETF, APPLE INC, NVIDIA CORP, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 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
+1.7%
Q2 2024
+5.0%
Q3 2024
+1.9%
Q4 2024
-2.0%
Q1 2025
+7.9%
Q2 2025
+6.3%
Q3 2025
+1.6%
Q4 2025
-2.7%
Q1 2026
+13.7%

Sector allocation

Technology
39%
Industrials
13%
Healthcare
11%
Financials
8%
Consumer discretionary
7%
Services media
5%
Consumer staples
4%
Energy
3%

Long book by quarter

$492.3M
Q1 2024
$494.8M
Q2 2024
$847.3M
Q3 2024
$884.2M
Q4 2024
$868.9M
Q1 2025
$921.2M
Q2 2025
$984.2M
Q3 2025
$1.02B
Q4 2025
$1.04B
Q1 2026

What does NORDEN GROUP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology193.7K$49.2M4.7%+13.4%
NVDA NVIDIA CORPTechnology270.3K$47.1M4.5%+11.7%
MSFT MICROSOFT CORPTechnology78.3K$29.0M2.8%+8.8%
AMZN AMAZON.COM INCConsumer discretionary99.5K$20.7M2.0%-3.3%
GOOGL ALPHABET INC-CL ATechnology66.9K$19.2M1.8%+4.3%
AVGO BROADCOM INCTechnology52.5K$16.3M1.6%-8.5%
LRCX LAM RESEARCH CORPIndustrials65.8K$14.1M1.4%+4.9%
GOOG ALPHABET INC-CL CTechnology46.3K$13.3M1.3%+3.1%
META META PLATFORMS INC-CLASS ATechnology21.5K$12.3M1.2%+26.6%
BMY BRISTOL-MYERS SQUIBB COHealthcare200.8K$12.2M1.2%+13.5%
MO ALTRIA GROUP INCConsumer staples182.8K$12.1M1.2%+16.8%
CRM SALESFORCE INCTechnology59.8K$11.2M1.1%+621.6%
QCOM QUALCOMM INCTechnology82.4K$10.6M1.0%+274.8%
TSLA TESLA INCIndustrials27.6K$10.3M1.0%+5.9%
EXEL EXELIXIS INCHealthcare234.2K$10.0M1.0%New
ANET ARISTA NETWORKS INCTechnology79.5K$9.8M0.9%+43.9%
EXPE EXPEDIA GROUP INCIndustrials39.5K$9.1M0.9%New
LLY ELI LILLY & COHealthcare9.4K$8.7M0.8%+2.7%
JNJ JOHNSON & JOHNSONHealthcare32.7K$8.0M0.8%-6.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials16.1K$7.7M0.7%+4.7%
PM PHILIP MORRIS INTERNATIONALConsumer staples45.4K$7.5M0.7%+0.8%
CSCO CISCO SYSTEMS INCTechnology94.1K$7.3M0.7%+2.8%
NFLX NETFLIX INCServices media73.7K$7.1M0.7%+15.3%
JPM JPMORGAN CHASE & COFinancials23.6K$6.9M0.7%-4.2%
V VISA INC-CLASS A SHARESServices media22.7K$6.9M0.7%-0.9%
XOM EXXON MOBIL CORPEnergy39.5K$6.7M0.6%+14.4%
MA MASTERCARD INC - AServices media12.0K$6.0M0.6%-4.9%
VZ VERIZON COMMUNICATIONS INCCommunications108.9K$5.5M0.5%-4.4%
WFC WELLS FARGO & COFinancials66.5K$5.3M0.5%+32.3%
ORCL ORACLE CORPTechnology35.3K$5.2M0.5%-1.5%
COST COSTCO WHOLESALE CORPConsumer discretionary5.1K$5.1M0.5%+14.7%
MRK MERCK & CO. INC.Healthcare42.2K$5.1M0.5%+2.6%
NET CLOUDFLARE INC - CLASS ATechnology23.2K$4.8M0.5%-3.5%
AMAT APPLIED MATERIALS INCTechnology13.5K$4.6M0.4%+11.8%
CVX CHEVRON CORPEnergy22.3K$4.6M0.4%+10.6%
WMT WALMART INCConsumer discretionary35.5K$4.4M0.4%+73.2%
GE GENERAL ELECTRICIndustrials15.5K$4.4M0.4%+259.9%
AMD ADVANCED MICRO DEVICESTechnology21.3K$4.3M0.4%+26.0%
RTX RTX CORPIndustrials22.3K$4.3M0.4%-1.7%
KO COCA-COLA CO/THEConsumer staples55.8K$4.2M0.4%+11.4%
GILD GILEAD SCIENCES INCHealthcare30.3K$4.2M0.4%-2.4%
BAC BANK OF AMERICA CORPFinancials85.2K$4.2M0.4%-2.5%
ABBV ABBVIE INCHealthcare18.6K$4.1M0.4%-3.9%
MU MICRON TECHNOLOGY INCTechnology12.0K$4.1M0.4%+64.5%
NOW SERVICENOW INCTechnology37.9K$4.0M0.4%+58.9%
PEP PEPSICO INCConsumer staples24.7K$3.8M0.4%+1.9%
CAT CATERPILLAR INCIndustrials5.4K$3.8M0.4%+35.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology25.9K$3.8M0.4%+4.8%
RUN SUNRUN INCTechnology270.2K$3.7M0.4%+2.3%
GEV GE VERNOVA INCIndustrials4.2K$3.6M0.3%+346.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 15, 2026615$1.04B canonicalSEC ↗
Q4 202513F-HRJan 13, 2026605$1.02B canonicalSEC ↗
Q3 202513F-HROct 15, 2025573$984.2M canonicalSEC ↗
Q2 202513F-HRJul 15, 2025555$921.2M canonicalSEC ↗
Q1 202513F-HRMay 7, 2025531$868.9M canonicalSEC ↗
Q4 202413F-HRFeb 5, 2025526$884.2M canonicalSEC ↗
Q3 202413F-HROct 17, 2024510$847.3M canonicalSEC ↗
Q2 202413F-HRAug 6, 2024404$494.8M canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTApr 30, 2024781$492.3M canonicalSEC ↗
Q1 202413F-HRApr 19, 2024792$8.99B SEC ↗