NORTHSTAR ASSET MANAGEMENT INC

Fundamental diversified ★Signal CIK 869304
League rank
#470
in Fundamental diversified · #2873 overall
Long book
$325.9M
Q1 2026
Positions
86
Top-10 weight
49%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

NORTHSTAR ASSET MANAGEMENT INC is a diversified fundamental manager, running a $325.9M US long book across 86 positions.

The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES ESG MSCI KLD 400 ETF, ALPHABET INC-CL A, APPLE INC, MICROSOFT CORP, COSTCO WHOLESALE CORP.

Over the last 9 quarters its long book ran on average 3pp per quarter behind the S&P 500, beating the index in 0 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.3%
Q2 2024
+5.1%
Q3 2024
-1.5%
Q4 2024
-5.5%
Q1 2025
+7.6%
Q2 2025
+2.7%
Q3 2025
-1.2%
Q4 2025
-6.5%
Q1 2026
+12.7%

Sector allocation

Technology
43%
Consumer discretionary
18%
Industrials
11%
Financials
9%
Materials
8%
Healthcare
6%
Services media
2%
Utilities
2%

Long book by quarter

$569.6M
Q1 2024
$391.6M
Q2 2024
$407.2M
Q3 2024
$380.9M
Q4 2024
$338.0M
Q1 2025
$361.8M
Q2 2025
$384.6M
Q3 2025
$387.2M
Q4 2025
$325.9M
Q1 2026

What does NORTHSTAR ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology75.0K$21.6M6.6%-8.2%
AAPL APPLE INCTechnology70.3K$17.8M5.5%-10.5%
MSFT MICROSOFT CORPTechnology43.3K$16.0M4.9%-1.6%
COST COSTCO WHOLESALE CORPConsumer discretionary15.5K$15.4M4.7%-13.9%
TJX TJX COMPANIES INCConsumer discretionary91.0K$14.5M4.5%-21.2%
LIN LINDE PLCMaterials26.7K$13.3M4.1%-21.8%
SYK STRYKER CORPHealthcare35.8K$11.8M3.6%-15.6%
ADP AUTOMATIC DATA PROCESSINGTechnology51.1K$10.4M3.2%-8.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials14$10.1M3.1%Held
ETN EATON CORP PLCIndustrials26.4K$9.4M2.9%-26.4%
HD HOME DEPOT INCConsumer discretionary26.2K$8.6M2.6%-9.9%
CNI CANADIAN NATL RAILWAY COIndustrials80.5K$8.3M2.5%-12.1%
XYL XYLEM INCIndustrials65.1K$7.8M2.4%-19.9%
IDXX IDEXX LABORATORIES INCMaterials12.7K$7.1M2.2%-22.1%
VLTO VERALTO CORPTechnology63.5K$5.6M1.7%-23.4%
INTU INTUIT INCTechnology12.9K$5.6M1.7%-37.9%
EBC EASTERN BANKSHARES INCFinancials259.7K$5.1M1.6%-21.5%
NDAQ NASDAQ INCFinancials57.5K$4.9M1.5%+0.3%
BMI BADGER METER INCTechnology25.3K$3.8M1.2%-4.0%
CRM SALESFORCE INCTechnology19.9K$3.7M1.1%-35.8%
VRSK VERISK ANALYTICS INCTechnology19.1K$3.6M1.1%+26.2%
DDOG DATADOG INC - CLASS ATechnology28.5K$3.4M1.0%Held
MELI MERCADOLIBRE INCServices media1.9K$3.2M1.0%+118.9%
BR BROADRIDGE FINANCIAL SOLUTIOServices media17.8K$2.9M0.9%-44.6%
WINA WINMARK CORPConsumer discretionary6.5K$2.8M0.8%-21.1%
AMD ADVANCED MICRO DEVICESTechnology13.5K$2.7M0.8%+91.7%
CWT CALIFORNIA WATER SERVICE GRPUtilities60.0K$2.7M0.8%-27.6%
ANET ARISTA NETWORKS INCTechnology20.5K$2.5M0.8%-13.3%
DHR DANAHER CORPTechnology12.3K$2.3M0.7%-57.4%
PANW PALO ALTO NETWORKS INCTechnology13.1K$2.1M0.6%+326.2%
ALC ALCON INCHealthcare27.7K$2.1M0.6%-0.8%
NVDA NVIDIA CORPTechnology11.7K$2.0M0.6%Held
MSEX MIDDLESEX WATER COUtilities38.2K$2.0M0.6%-18.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.1K$1.9M0.6%-0.5%
SFM SPROUTS FARMERS MARKET INCConsumer discretionary23.0K$1.8M0.5%-47.4%
KLAC KLA CORPOther899$1.3M0.4%+41.4%
ZM ZOOM COMMUNICATIONS INCTechnology15.0K$1.2M0.4%-41.3%
GOOG ALPHABET INC-CL CTechnology3.6K$1.0M0.3%-9.0%
FDX FEDEX CORPIndustrials2.4K$863K0.3%-52.1%
GWW WW GRAINGER INCConsumer discretionary686$748K0.2%Held
CSCO CISCO SYSTEMS INCTechnology8.3K$643K0.2%Held
MICC MAGNUM ICE CREAM CO NV/THEConsumer staples40.4K$604K0.2%-0.7%
AMZN AMAZON.COM INCConsumer discretionary2.8K$585K0.2%-3.5%
PEP PEPSICO INCConsumer staples3.7K$582K0.2%-1.9%
PG PROCTER & GAMBLE CO/THEOther3.6K$525K0.2%-4.7%
TDY TELEDYNE TECHNOLOGIES INCTechnology844$511K0.2%-0.5%
IEX IDEX CORPIndustrials2.3K$440K0.1%-76.9%
MCD MCDONALD'S CORPConsumer discretionary1.3K$396K0.1%Held
T AT&T INCCommunications12.7K$369K0.1%Held
META META PLATFORMS INC-CLASS ATechnology622$356K0.1%-8.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202686$325.9M canonicalSEC ↗
Q4 202513F-HRFeb 12, 202688$387.2M canonicalSEC ↗
Q3 202513F-HROct 30, 202570$384.6M canonicalSEC ↗
Q2 202513F-HRJul 31, 202561$361.8M canonicalSEC ↗
Q1 202513F-HR/ARESTATEMENTJul 15, 202558$338.0M canonicalSEC ↗
Q1 202513F-HRMay 13, 202558$338.0M SEC ↗
Q4 202413F-HR/ARESTATEMENTJul 15, 202558$380.9M canonicalSEC ↗
Q4 202413F-HRJan 31, 202558$380.9M SEC ↗
Q3 202413F-HR/ARESTATEMENTJul 15, 202558$407.2M canonicalSEC ↗
Q3 202413F-HROct 30, 202458$407.2M SEC ↗
Q2 202413F-HR/ARESTATEMENTJul 15, 202558$391.6M canonicalSEC ↗
Q2 202413F-HRAug 5, 202458$391.6M SEC ↗
Q1 202413F-HR/ARESTATEMENTJul 15, 202557$569.6M canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTAug 12, 202457$569.6M SEC ↗
Q1 202413F-HRMay 10, 2024114$1.14B SEC ↗