NORTH STAR ASSET MANAGEMENT INC

Other Low signal CIK 1056559
League rank
#623
in Other · #2199 overall
Long book
$2.31B
Q1 2026
Positions
356
Top-10 weight
24%
concentration
Last quarter
+13.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

NORTH STAR ASSET MANAGEMENT INC is an institutional manager, running a $2.31B US long book across 356 positions.

The portfolio is broadly diversified across 356 positions (top 10 only 24%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, SCHWAB US BROAD MARKET ETF, VANGUARD TOTAL STOCK MKT ETF, ALPHABET INC-CL C, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 2pp per quarter behind the S&P 500, beating the index in 1 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
-0.1%
Q2 2024
+5.6%
Q3 2024
+0.8%
Q4 2024
-3.2%
Q1 2025
+7.0%
Q2 2025
+4.8%
Q3 2025
+0.9%
Q4 2025
-7.4%
Q1 2026
+13.7%

Sector allocation

Technology
43%
Services media
13%
Financials
11%
Healthcare
11%
Other
6%
Consumer discretionary
6%
Industrials
5%
Utilities
2%

Long book by quarter

$2.12B
Q1 2024
$2.11B
Q2 2024
$2.23B
Q3 2024
$2.26B
Q4 2024
$2.19B
Q1 2025
$2.36B
Q2 2025
$2.47B
Q3 2025
$2.48B
Q4 2025
$2.31B
Q1 2026

What does NORTH STAR own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology348.8K$88.5M3.8%-1.5%
GOOG ALPHABET INC-CL CTechnology206.6K$59.3M2.6%-3.7%
MSFT MICROSOFT CORPTechnology159.1K$58.9M2.6%+1.2%
AMZN AMAZON.COM INCConsumer discretionary226.5K$47.2M2.0%+0.5%
SCHW SCHWAB (CHARLES) CORPFinancials485.8K$45.7M2.0%-0.9%
V VISA INC-CLASS A SHARESServices media143.3K$43.3M1.9%0.0%
SSNC SS&C TECHNOLOGIES HOLDINGSTechnology610.0K$41.2M1.8%+0.3%
ASML ASML HOLDING NV-NY REG SHSIndustrials29.1K$38.5M1.7%-12.5%
AME AMETEK INCTechnology175.3K$37.6M1.6%-1.3%
PFG PRINCIPAL FINANCIAL GROUPFinancials382.0K$34.4M1.5%-1.7%
ABBV ABBVIE INCHealthcare157.1K$34.2M1.5%-0.5%
ADI ANALOG DEVICES INCTechnology106.6K$33.9M1.5%-3.6%
ABT ABBOTT LABORATORIESHealthcare326.8K$33.6M1.5%+3.2%
SYK STRYKER CORPHealthcare102.0K$33.5M1.5%+0.4%
NVDA NVIDIA CORPTechnology189.5K$33.1M1.4%-0.6%
AVGO BROADCOM INCTechnology105.4K$32.6M1.4%-2.7%
TMO THERMO FISHER SCIENTIFIC INCOther61.7K$30.3M1.3%0.0%
APH AMPHENOL CORP-CL ATechnology229.4K$29.0M1.3%-3.9%
SNPS SYNOPSYS INCTechnology66.7K$26.4M1.1%+0.3%
VEEV VEEVA SYSTEMS INC-CLASS ATechnology145.1K$25.5M1.1%+9.3%
AES AES CORPUtilities1.8M$24.9M1.1%-3.5%
JPM JPMORGAN CHASE & COFinancials83.9K$24.7M1.1%+3.5%
ACIW ACI WORLDWIDE INCTechnology588.9K$24.2M1.0%-5.9%
ADBE ADOBE INCTechnology98.6K$24.0M1.0%+4.4%
ILMN ILLUMINA INCHealthcare190.9K$23.5M1.0%+3.9%
DHR DANAHER CORPTechnology124.0K$23.5M1.0%+1.4%
PTC PTC INCTechnology162.9K$23.2M1.0%+1.2%
INTU INTUIT INCTechnology53.0K$22.9M1.0%+4.5%
EVTC EVERTEC INCTechnology805.8K$22.7M1.0%-0.4%
MA MASTERCARD INC - AServices media45.2K$22.6M1.0%+1.6%
EFX EQUIFAX INCServices media121.3K$21.8M0.9%+1.8%
ECL ECOLAB INCOther80.8K$21.5M0.9%+1.1%
GPN GLOBAL PAYMENTS INCServices media316.6K$21.3M0.9%+1.4%
GOOGL ALPHABET INC-CL ATechnology70.6K$20.3M0.9%-2.0%
AMG AFFILIATED MANAGERS GROUPFinancials70.2K$19.4M0.8%-9.1%
MBWM MERCANTILE BANK CORPFinancials383.2K$19.4M0.8%+2.3%
WH WYNDHAM HOTELS & RESORTS INCServices media235.8K$19.2M0.8%-0.4%
LOW LOWE'S COS INCConsumer discretionary80.8K$19.1M0.8%-4.1%
FISV FISERV INCServices media333.6K$18.6M0.8%+7.8%
COST COSTCO WHOLESALE CORPConsumer discretionary18.3K$18.3M0.8%-2.8%
AMD ADVANCED MICRO DEVICESTechnology87.7K$17.8M0.8%-1.8%
ROK ROCKWELL AUTOMATION INCOther48.5K$17.4M0.8%-2.8%
ITW ILLINOIS TOOL WORKSIndustrials61.9K$16.1M0.7%-0.5%
DIS WALT DISNEY CO/THEServices media163.5K$15.8M0.7%+3.2%
PB PROSPERITY BANCSHARES INCFinancials233.2K$15.7M0.7%+1.7%
NOW SERVICENOW INCTechnology132.3K$13.8M0.6%+204.1%
ROP ROPER TECHNOLOGIES INCTechnology38.8K$13.7M0.6%+6.9%
CRM SALESFORCE INCTechnology71.6K$13.4M0.6%+11.2%
RPM RPM INTERNATIONAL INCOther133.3K$13.3M0.6%+0.4%
LYV LIVE NATION ENTERTAINMENT INServices media85.7K$13.1M0.6%+0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 2026446$2.31B canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026443$2.48B canonicalSEC ↗
Q3 202513F-HRNov 10, 2025445$2.47B canonicalSEC ↗
Q2 202513F-HRAug 12, 2025438$2.36B canonicalSEC ↗
Q1 202513F-HRMay 8, 2025420$2.19B canonicalSEC ↗
Q4 202413F-HRFeb 19, 2025417$2.26B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024418$2.23B canonicalSEC ↗
Q2 202413F-HRAug 5, 2024428$2.11B canonicalSEC ↗
Q1 202413F-HRMay 8, 2024435$2.12B canonicalSEC ↗