Nuveen, LLC

Diversified mechanical Mechanical CIK 1871926
League rank
#78
in Diversified mechanical · #1828 overall
Long book
$368.77B
Q1 2026
Positions
3194
Top-10 weight
32%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
4%
of book per quarter

Strategy in plain words

auto-generated from filings

Nuveen, LLC is a mechanically diversified allocator, running a $368.77B US long book across 3194 positions.

The portfolio is moderately concentrated (top 10 ≈ 32% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, BROADCOM INC.

Over the last 5 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 2 of 5 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 2025
+11.3%
Q2 2025
+7.6%
Q3 2025
+2.2%
Q4 2025
-4.1%
Q1 2026
+14.5%

Sector allocation

Technology
39%
Industrials
12%
Financials
11%
Consumer discretionary
10%
Healthcare
8%
Services media
5%
Utilities
4%
Energy
3%

Long book by quarter

$329.00B
Q1 2025
$361.22B
Q2 2025
$378.27B
Q3 2025
$381.43B
Q4 2025
$368.77B
Q1 2026

What does Nuveen, LLC own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology140.2M$24.45B6.6%+3.2%
AAPL APPLE INCTechnology78.5M$19.92B5.4%+4.7%
MSFT MICROSOFT CORPTechnology44.1M$16.33B4.4%-8.4%
AMZN AMAZON.COM INCConsumer discretionary57.3M$11.93B3.2%-3.1%
AVGO BROADCOM INCTechnology36.3M$11.22B3.0%-1.3%
GOOG ALPHABET INC-CL CTechnology31.0M$8.88B2.4%+5.5%
GOOGL ALPHABET INC-CL ATechnology30.6M$8.79B2.4%+4.8%
META META PLATFORMS INC-CLASS ATechnology10.4M$5.95B1.6%-2.5%
TSLA TESLA INCIndustrials13.6M$5.05B1.4%+3.0%
LLY ELI LILLY & COHealthcare5.3M$4.91B1.3%-1.8%
JPM JPMORGAN CHASE & COFinancials15.1M$4.43B1.2%+2.0%
MA MASTERCARD INC - AServices media8.2M$4.11B1.1%+11.2%
XOM EXXON MOBIL CORPEnergy20.9M$3.54B1.0%+5.3%
COST COSTCO WHOLESALE CORPConsumer discretionary3.1M$3.06B0.8%+41.5%
JNJ JOHNSON & JOHNSONHealthcare12.5M$3.05B0.8%+17.7%
WMT WALMART INCConsumer discretionary24.0M$2.98B0.8%-6.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials5.6M$2.68B0.7%+1.2%
ABBV ABBVIE INCHealthcare11.1M$2.42B0.7%+29.1%
LRCX LAM RESEARCH CORPIndustrials11.0M$2.35B0.6%+5.9%
NFLX NETFLIX INCServices media23.0M$2.21B0.6%+11.8%
HD HOME DEPOT INCConsumer discretionary6.6M$2.18B0.6%+20.0%
V VISA INC-CLASS A SHARESServices media7.1M$2.16B0.6%-18.9%
AMAT APPLIED MATERIALS INCTechnology6.0M$2.05B0.6%-21.8%
LIN LINDE PLCMaterials4.1M$2.02B0.5%+8.6%
CVX CHEVRON CORPEnergy9.7M$2.01B0.5%+3.3%
GE GENERAL ELECTRICIndustrials6.5M$1.84B0.5%+9.1%
KO COCA-COLA CO/THEConsumer staples23.9M$1.82B0.5%+25.4%
PG PROCTER & GAMBLE CO/THEOther12.6M$1.82B0.5%+13.4%
TJX TJX COMPANIES INCConsumer discretionary11.3M$1.81B0.5%+16.9%
WFC WELLS FARGO & COFinancials22.4M$1.78B0.5%-7.7%
CSCO CISCO SYSTEMS INCTechnology22.0M$1.70B0.5%+9.2%
AXP AMERICAN EXPRESS COFinancials5.6M$1.69B0.5%+8.1%
APH AMPHENOL CORP-CL ATechnology13.1M$1.66B0.4%+68.2%
ETN EATON CORP PLCIndustrials4.6M$1.65B0.4%-7.5%
CAT CATERPILLAR INCIndustrials2.3M$1.64B0.4%0.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology10.9M$1.60B0.4%+14.1%
PM PHILIP MORRIS INTERNATIONALConsumer staples9.7M$1.60B0.4%-3.0%
REGN REGENERON PHARMACEUTICALSHealthcare2.1M$1.60B0.4%+2.7%
GEV GE VERNOVA INCIndustrials1.8M$1.58B0.4%-10.5%
ANET ARISTA NETWORKS INCTechnology12.6M$1.55B0.4%+3.4%
NEE NEXTERA ENERGY INCUtilities16.5M$1.53B0.4%-5.7%
INTC INTEL CORPTechnology32.7M$1.44B0.4%+29.5%
C CITIGROUP INCFinancials12.5M$1.41B0.4%-5.3%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary15.1M$1.39B0.4%+32.8%
BKNG BOOKING HOLDINGS INCIndustrials318.3K$1.34B0.4%-1.1%
AMD ADVANCED MICRO DEVICESTechnology6.5M$1.33B0.4%+7.9%
AZN ASTRAZENECA PLCHealthcare6.8M$1.31B0.4%New
HON HONEYWELL INTERNATIONAL INCIndustrials5.8M$1.30B0.4%-11.7%
RTX RTX CORPIndustrials6.7M$1.30B0.4%-12.9%
PANW PALO ALTO NETWORKS INCTechnology8.0M$1.28B0.3%+10.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 20267665$369.27B canonicalSEC ↗
Q4 202513F-HRFeb 12, 20267671$381.90B canonicalSEC ↗
Q3 202513F-HRNov 12, 20257714$378.87B canonicalSEC ↗
Q2 202513F-HRAug 12, 20257719$361.84B canonicalSEC ↗
Q1 202513F-HRMay 12, 20258920$329.64B canonicalSEC ↗