North Star Investment Management Corp.
Long book
$1.65B
Q1 2026
Positions
1700
Top-10 weight
29%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsNorth Star Investment Management Corp. is a mechanically diversified allocator, running a $1.65B US long book across 1700 positions.
The portfolio is moderately concentrated (top 10 ≈ 29% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: JPMORGAN CHASE & CO, APPLE INC, VANGUARD S/T CORP BOND ETF, ISHARES S&P 500 GROWTH ETF, VANGUARD TOTAL STOCK MKT ETF.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 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
+0.8%
Q2 2024
+7.6%
Q3 2024
+0.7%
Q4 2024
-2.8%
Q1 2025
+6.3%
Q2 2025
+8.1%
Q3 2025
+1.7%
Q4 2025
-1.8%
Q1 2026
+12.7%
Sector allocation
Financials 24%
Technology 20%
Industrials 13%
Healthcare 9%
Consumer discretionary 8%
Other 7%
Services media 6%
Utilities 6%
Long book by quarter
What does North Star own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JPM JPMORGAN CHASE & CO | Financials | 264.1K | $77.7M | 4.7% | -0.3% |
| AAPL APPLE INC | Technology | 234.8K | $59.6M | 3.6% | -1.2% |
| MSFT MICROSOFT CORP | Technology | 96.5K | $35.7M | 2.2% | +0.9% |
| ORI OLD REPUBLIC INTL CORP | Financials | 799.2K | $31.9M | 1.9% | +2.3% |
| BX BLACKSTONE INC | Financials | 170.0K | $19.5M | 1.2% | +6.2% |
| GOOGL ALPHABET INC-CL A | Technology | 66.0K | $19.0M | 1.1% | -2.6% |
| ABBV ABBVIE INC | Healthcare | 75.4K | $16.4M | 1.0% | -1.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 57.1K | $14.0M | 0.8% | +0.3% |
| ORCL ORACLE CORP | Technology | 93.3K | $13.7M | 0.8% | +0.3% |
| UNP UNION PACIFIC CORP | Industrials | 56.0K | $13.6M | 0.8% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 63.7K | $13.3M | 0.8% | -3.7% |
| ACU ACME UNITED CORP | Industrials | 252.6K | $11.3M | 0.7% | 0.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 10.7K | $10.7M | 0.6% | +0.3% |
| GOOG ALPHABET INC-CL C | Technology | 35.1K | $10.1M | 0.6% | -3.5% |
| XOM EXXON MOBIL CORP | Energy | 57.7K | $9.8M | 0.6% | -0.5% |
| BAC BANK OF AMERICA CORP | Financials | 198.6K | $9.7M | 0.6% | -0.1% |
| KKR KKR & CO INC | Financials | 99.6K | $9.2M | 0.6% | -8.6% |
| SII SPROTT INC | Financials | 64.3K | $9.2M | 0.6% | -8.5% |
| SPHR SPHERE ENTERTAINMENT CO | Services media | 77.8K | $9.1M | 0.6% | -26.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 18.6K | $8.9M | 0.5% | +3.0% |
| FITB FIFTH THIRD BANCORP | Financials | 189.9K | $8.8M | 0.5% | +65.4% |
| CAT CATERPILLAR INC | Industrials | 11.8K | $8.4M | 0.5% | +0.3% |
| AMGN AMGEN INC | Healthcare | 22.4K | $7.9M | 0.5% | -1.6% |
| LLY ELI LILLY & CO | Healthcare | 8.4K | $7.7M | 0.5% | -2.1% |
| PEP PEPSICO INC | Consumer staples | 47.6K | $7.4M | 0.4% | -0.2% |
| CSCO CISCO SYSTEMS INC | Technology | 95.0K | $7.4M | 0.4% | -2.3% |
| ESCA ESCALADE INC | Other | 422.3K | $7.3M | 0.4% | -1.3% |
| MRK MERCK & CO. INC. | Healthcare | 57.5K | $6.9M | 0.4% | -0.2% |
| LINC LINCOLN EDUCATIONAL SERVICES | Services media | 168.3K | $6.8M | 0.4% | +17.4% |
| PAYX PAYCHEX INC | Services media | 72.8K | $6.7M | 0.4% | 0.0% |
| AJG ARTHUR J GALLAGHER & CO | Financials | 30.4K | $6.6M | 0.4% | 0.0% |
| WMT WALMART INC | Consumer discretionary | 51.8K | $6.4M | 0.4% | +0.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 62.6K | $6.4M | 0.4% | -2.2% |
| BLBD BLUE BIRD CORP | Industrials | 110.6K | $6.3M | 0.4% | -1.9% |
| WHG WESTWOOD HOLDINGS GROUP INC | Financials | 380.8K | $6.3M | 0.4% | +2.4% |
| RCKY ROCKY BRANDS INC | Other | 154.2K | $6.0M | 0.4% | -18.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 18.8K | $5.8M | 0.4% | +0.6% |
| BOOT BOOT BARN HOLDINGS INC | Consumer discretionary | 39.4K | $5.8M | 0.3% | 0.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 39.8K | $5.8M | 0.3% | -0.9% |
| SGC SUPERIOR GROUP OF COS INC | Other | 537.5K | $5.5M | 0.3% | +8.6% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 10.7K | $5.3M | 0.3% | -0.2% |
| NVDA NVIDIA CORP | Technology | 30.0K | $5.2M | 0.3% | +0.3% |
| KEX KIRBY CORP | Industrials | 39.3K | $5.2M | 0.3% | -18.6% |
| AMD ADVANCED MICRO DEVICES | Technology | 25.6K | $5.2M | 0.3% | -20.3% |
| LYTS LSI INDUSTRIES INC | Industrials | 276.5K | $5.1M | 0.3% | +40.7% |
| PFE PFIZER INC | Healthcare | 181.0K | $5.1M | 0.3% | +12.2% |
| QCOM QUALCOMM INC | Technology | 39.1K | $5.0M | 0.3% | +0.5% |
| CVX CHEVRON CORP | Energy | 23.5K | $4.9M | 0.3% | +3.8% |
| DCI DONALDSON CO INC | Industrials | 56.3K | $4.8M | 0.3% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 62.4K | $4.7M | 0.3% | +2.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 1700 | $1.65B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 1570 | $1.59B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 1321 | $1.56B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 1214 | $1.43B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 1204 | $1.37B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 1221 | $1.44B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 1189 | $1.45B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 1165 | $1.36B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 1239 | $1.40B | canonical | SEC ↗ |
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