PATTEN & PATTEN INC/TN

Other Low signal CIK 1044905
League rank
#939
in Other · #3264 overall
Long book
$1.66B
Q1 2026
Positions
338
Top-10 weight
32%
concentration
Last quarter
+12.1%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

PATTEN & PATTEN INC/TN is an institutional manager, running a $1.66B US long book across 338 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: APPLE INC, ALPHABET INC-CL A, MICROSOFT CORP, ISHARES GLOBAL TECH ETF, VANGUARD SHORT-TERM TREASURY.

Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 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
+2.7%
Q2 2024
+5.9%
Q3 2024
+0.3%
Q4 2024
-2.3%
Q1 2025
+4.3%
Q2 2025
+8.1%
Q3 2025
+2.8%
Q4 2025
-2.1%
Q1 2026
+12.1%

Sector allocation

Technology
33%
Industrials
12%
Consumer discretionary
11%
Healthcare
11%
Financials
11%
Energy
5%
Other
5%
Services media
4%

Long book by quarter

$1.40B
Q1 2024
$1.43B
Q2 2024
$1.51B
Q3 2024
$1.51B
Q4 2024
$1.49B
Q1 2025
$1.55B
Q2 2025
$1.70B
Q3 2025
$1.70B
Q4 2025
$1.66B
Q1 2026

What does PATTEN & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology621.5K$157.7M9.5%-2.6%
GOOGL ALPHABET INC-CL ATechnology201.3K$57.9M3.5%-1.6%
MSFT MICROSOFT CORPTechnology149.4K$55.3M3.3%-0.8%
ABBV ABBVIE INCHealthcare160.4K$34.9M2.1%-1.5%
JPM JPMORGAN CHASE & COFinancials117.0K$34.4M2.1%-2.2%
SW SMURFIT WESTROCK PLCOther774.2K$30.9M1.9%-0.2%
V VISA INC-CLASS A SHARESServices media98.1K$29.7M1.8%-0.5%
RTX RTX CORPIndustrials147.6K$28.5M1.7%-0.1%
WMT WALMART INCConsumer discretionary218.5K$27.2M1.6%-3.5%
PGR PROGRESSIVE CORPFinancials134.2K$26.6M1.6%-3.1%
XOM EXXON MOBIL CORPEnergy141.9K$24.1M1.5%+2.8%
TJX TJX COMPANIES INCConsumer discretionary142.6K$22.8M1.4%-1.8%
COP CONOCOPHILLIPSEnergy170.8K$22.5M1.4%-3.2%
JNJ JOHNSON & JOHNSONHealthcare89.4K$21.8M1.3%+1.0%
COST COSTCO WHOLESALE CORPConsumer discretionary21.7K$21.6M1.3%-1.5%
LECO LINCOLN ELECTRIC HOLDINGSIndustrials86.3K$21.5M1.3%Held
GOOG ALPHABET INC-CL CTechnology74.7K$21.4M1.3%-2.9%
TSCO TRACTOR SUPPLY COMPANYConsumer discretionary333.9K$15.1M0.9%-1.2%
LPX LOUISIANA-PACIFIC CORPOther195.9K$14.2M0.9%0.0%
ABT ABBOTT LABORATORIESHealthcare136.9K$14.1M0.8%-2.6%
LLY ELI LILLY & COHealthcare15.2K$14.0M0.8%-0.8%
KO COCA-COLA CO/THEConsumer staples171.9K$13.1M0.8%+0.3%
NEE NEXTERA ENERGY INCUtilities139.5K$13.0M0.8%-1.5%
AMZN AMAZON.COM INCConsumer discretionary59.6K$12.4M0.7%+27.6%
UNH UNITEDHEALTH GROUP INCFinancials45.0K$12.2M0.7%-6.3%
MRK MERCK & CO. INC.Healthcare100.1K$12.0M0.7%-1.3%
PHM PULTEGROUP INCIndustrials91.9K$10.8M0.7%-4.9%
CVX CHEVRON CORPEnergy50.8K$10.5M0.6%-0.4%
NGVT INGEVITY CORPMaterials146.4K$10.4M0.6%-0.5%
SCHW SCHWAB (CHARLES) CORPFinancials109.5K$10.3M0.6%+2.9%
TXN TEXAS INSTRUMENTS INCTechnology47.1K$9.1M0.6%-4.7%
EW EDWARDS LIFESCIENCES CORPHealthcare111.5K$8.9M0.5%-4.5%
CSCO CISCO SYSTEMS INCTechnology114.3K$8.9M0.5%-1.2%
HD HOME DEPOT INCConsumer discretionary26.5K$8.7M0.5%+2.3%
HON HONEYWELL INTERNATIONAL INCIndustrials37.9K$8.6M0.5%-0.6%
HLT HILTON WORLDWIDE HOLDINGS INServices media27.9K$8.5M0.5%-4.7%
INTU INTUIT INCTechnology19.3K$8.3M0.5%+30.5%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology20.1K$7.8M0.5%+153.0%
DUK DUKE ENERGY CORPUtilities59.7K$7.8M0.5%+2.7%
AMD ADVANCED MICRO DEVICESTechnology37.8K$7.7M0.5%-5.9%
AOS SMITH (A.O.) CORPIndustrials115.3K$7.6M0.5%-3.4%
PEP PEPSICO INCConsumer staples48.9K$7.6M0.5%-1.4%
NVDA NVIDIA CORPTechnology43.5K$7.6M0.5%-0.4%
BA BOEING CO/THEIndustrials37.4K$7.4M0.4%+6.4%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary75.5K$7.0M0.4%-1.0%
QCOM QUALCOMM INCTechnology54.0K$6.9M0.4%-14.9%
CNI CANADIAN NATL RAILWAY COIndustrials64.9K$6.7M0.4%-2.0%
HCA HCA HEALTHCARE INCHealthcare13.4K$6.3M0.4%-0.2%
LOW LOWE'S COS INCConsumer discretionary23.9K$5.7M0.3%-1.3%
GEV GE VERNOVA INCIndustrials6.4K$5.6M0.3%+0.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 1, 2026338$1.66B canonicalSEC ↗
Q4 202513F-HRFeb 3, 2026341$1.70B canonicalSEC ↗
Q3 202513F-HROct 31, 2025344$1.70B canonicalSEC ↗
Q2 202513F-HRJul 28, 2025323$1.55B canonicalSEC ↗
Q1 202513F-HRMay 7, 2025317$1.49B canonicalSEC ↗
Q4 202413F-HRFeb 10, 2025315$1.51B canonicalSEC ↗
Q3 202413F-HRNov 4, 2024317$1.51B canonicalSEC ↗
Q2 202413F-HRAug 13, 2024305$1.43B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024308$1.40B canonicalSEC ↗