NorthStar Asset Management LLC /NJ/

Wealth advisor Mechanical CIK 2011587
League rank
#263
in Wealth advisor · #1800 overall
Long book
$207.1M
Q1 2026
Positions
96
Top-10 weight
54%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

NorthStar Asset Management LLC /NJ/ is a wealth-management firm allocating client money, running a $207.1M US long book across 96 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P U.S. GROWTH, GOLDMAN ACTIVEBETA US LC ETF, NVIDIA CORP, VANGUARD MID-CAP GROWTH ETF, VANGUARD FTSE DEVELOPED ETF.

Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 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
+5.9%
Q2 2024
+5.2%
Q3 2024
+2.7%
Q4 2024
-3.9%
Q1 2025
+11.6%
Q2 2025
+7.5%
Q3 2025
+2.1%
Q4 2025
-3.9%
Q1 2026
+14.5%

Sector allocation

Technology
51%
Financials
13%
Consumer discretionary
11%
Healthcare
7%
Utilities
4%
Industrials
3%
Energy
3%
Consumer staples
3%

Long book by quarter

$132.0M
Q1 2024
$144.3M
Q2 2024
$149.9M
Q3 2024
$157.0M
Q4 2024
$159.9M
Q1 2025
$189.6M
Q2 2025
$208.8M
Q3 2025
$222.3M
Q4 2025
$207.1M
Q1 2026

What does NorthStar Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology76.1K$13.3M6.4%-3.5%
AAPL APPLE INCTechnology29.3K$7.4M3.6%-5.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials8.4K$4.0M2.0%-7.8%
COST COSTCO WHOLESALE CORPConsumer discretionary3.7K$3.7M1.8%-2.9%
GOOG ALPHABET INC-CL CTechnology12.0K$3.4M1.7%-18.8%
AMZN AMAZON.COM INCConsumer discretionary16.2K$3.4M1.6%-16.2%
MSFT MICROSOFT CORPTechnology7.8K$2.9M1.4%-1.3%
JPM JPMORGAN CHASE & COFinancials9.4K$2.8M1.3%-4.6%
LLY ELI LILLY & COHealthcare2.4K$2.2M1.1%-4.5%
META META PLATFORMS INC-CLASS ATechnology3.9K$2.2M1.1%-17.5%
GOOGL ALPHABET INC-CL ATechnology5.9K$1.7M0.8%+0.5%
JNJ JOHNSON & JOHNSONHealthcare5.7K$1.4M0.7%-7.5%
PM PHILIP MORRIS INTERNATIONALConsumer staples8.0K$1.3M0.6%-0.2%
PANW PALO ALTO NETWORKS INCTechnology7.9K$1.3M0.6%-11.6%
XOM EXXON MOBIL CORPEnergy6.1K$1.0M0.5%0.0%
AVGO BROADCOM INCTechnology3.1K$966K0.5%+0.7%
OKE ONEOK INCUtilities10.1K$914K0.4%-4.4%
V VISA INC-CLASS A SHARESServices media3.0K$911K0.4%-4.0%
CVX CHEVRON CORPEnergy4.3K$890K0.4%+0.1%
MO ALTRIA GROUP INCConsumer staples13.3K$876K0.4%+2.6%
CAT CATERPILLAR INCIndustrials1.1K$803K0.4%-0.8%
ABBV ABBVIE INCHealthcare3.3K$712K0.3%-17.3%
MA MASTERCARD INC - AServices media1.2K$616K0.3%-5.7%
PEG PUBLIC SERVICE ENTERPRISE GPUtilities7.3K$594K0.3%+0.4%
CRM SALESFORCE INCTechnology3.0K$565K0.3%-48.8%
WMB WILLIAMS COS INCUtilities7.2K$523K0.3%-0.5%
MRSH MARSH & MCLENNAN COSFinancials2.9K$503K0.2%-59.3%
VZ VERIZON COMMUNICATIONS INCCommunications9.6K$483K0.2%-1.1%
ADP AUTOMATIC DATA PROCESSINGTechnology2.2K$453K0.2%-10.6%
MU MICRON TECHNOLOGY INCTechnology1.3K$450K0.2%+13.6%
ENB ENBRIDGE INCEnergy8.2K$444K0.2%-1.1%
GS GOLDMAN SACHS GROUP INCFinancials509$430K0.2%-16.7%
TSLA TESLA INCIndustrials1.1K$411K0.2%Held
BX BLACKSTONE INCFinancials3.5K$404K0.2%+2.2%
AMD ADVANCED MICRO DEVICESTechnology2.0K$403K0.2%-4.8%
DUK DUKE ENERGY CORPUtilities3.0K$393K0.2%+0.5%
MPWR MONOLITHIC POWER SYSTEMS INCTechnology322$352K0.2%-19.9%
AXP AMERICAN EXPRESS COFinancials1.1K$331K0.2%+0.2%
SO SOUTHERN CO/THEUtilities3.4K$324K0.2%-14.0%
INTU INTUIT INCTechnology747$323K0.2%-3.6%
MCD MCDONALD'S CORPConsumer discretionary957$297K0.1%-29.7%
BAC BANK OF AMERICA CORPFinancials6.1K$296K0.1%-16.7%
WMT WALMART INCConsumer discretionary2.3K$290K0.1%-35.2%
HD HOME DEPOT INCConsumer discretionary865$285K0.1%-23.1%
MELI MERCADOLIBRE INCServices media161$278K0.1%+23.8%
RTX RTX CORPIndustrials1.4K$269K0.1%-13.8%
BA BOEING CO/THEIndustrials1.3K$258K0.1%+13.6%
NEE NEXTERA ENERGY INCUtilities2.7K$248K0.1%-1.9%
PFE PFIZER INCHealthcare8.3K$234K0.1%-3.2%
MAR MARRIOTT INTERNATIONAL -CL AServices media712$233K0.1%-0.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 202696$207.1M canonicalSEC ↗
Q4 202513F-HRFeb 10, 2026108$222.3M canonicalSEC ↗
Q3 202513F-HRNov 7, 202599$208.8M canonicalSEC ↗
Q2 202513F-HRAug 12, 202594$189.6M canonicalSEC ↗
Q1 202513F-HRMay 6, 202590$159.9M canonicalSEC ↗
Q4 202413F-HRJan 23, 202585$157.0M canonicalSEC ↗
Q3 202413F-HRNov 12, 202480$149.9M canonicalSEC ↗
Q2 202413F-HRAug 5, 202478$144.3M canonicalSEC ↗
Q1 202413F-HRMay 6, 202479$132.0M canonicalSEC ↗