Provident Investment Management, Inc.

Fundamental diversified ★Signal CIK 1076964
League rank
#544
in Fundamental diversified · #3668 overall
Long book
$1.01B
Q1 2026
Positions
82
Top-10 weight
55%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

Provident Investment Management, Inc. is a diversified fundamental manager, running a $1.01B US long book across 82 positions.

The portfolio is concentrated: the top 10 names carry 55% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VISA INC-CLASS A SHARES, VERTEX PHARMACEUTICALS INC, ALPHABET INC-CL C, MICROSOFT CORP, CORPAY INC.

Over the last 9 quarters its long book ran on average 3.3pp per quarter behind the S&P 500, beating the index in 1 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
-4.2%
Q2 2024
+3.7%
Q3 2024
+1.3%
Q4 2024
+0.7%
Q1 2025
+5.2%
Q2 2025
-0.8%
Q3 2025
-1.0%
Q4 2025
-6.3%
Q1 2026
+11.7%

Sector allocation

Technology
31%
Services media
19%
Financials
16%
Healthcare
14%
Consumer discretionary
10%
Industrials
9%
Energy
1%
Consumer staples
0%

Long book by quarter

$1.13B
Q1 2024
$1.10B
Q2 2024
$1.12B
Q3 2024
$1.05B
Q4 2024
$1.06B
Q1 2025
$1.17B
Q2 2025
$1.13B
Q3 2025
$1.10B
Q4 2025
$1.01B
Q1 2026

What does Provident Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
V VISA INC-CLASS A SHARESServices media239.5K$72.4M7.2%-1.4%
VRTX VERTEX PHARMACEUTICALS INCHealthcare147.6K$65.9M6.5%-1.1%
GOOG ALPHABET INC-CL CTechnology223.8K$64.2M6.4%-1.1%
MSFT MICROSOFT CORPTechnology157.4K$58.3M5.8%+0.6%
CPAY CORPAY INCServices media179.1K$52.1M5.2%-0.7%
CACI CACI INTERNATIONAL INC -CL ATechnology89.8K$48.8M4.8%-1.7%
BLK BLACKROCK INCFinancials50.3K$48.3M4.8%-3.0%
SCHW SCHWAB (CHARLES) CORPFinancials510.5K$48.0M4.8%-0.7%
ICE INTERCONTINENTAL EXCHANGE INFinancials296.4K$46.6M4.6%+3.5%
AMZN AMAZON.COM INCConsumer discretionary216.4K$45.1M4.5%+1.8%
BKNG BOOKING HOLDINGS INCIndustrials10.3K$43.5M4.3%-0.9%
GLW CORNING INCIndustrials286.0K$38.9M3.9%-4.0%
META META PLATFORMS INC-CLASS ATechnology63.6K$36.4M3.6%-0.9%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary383.2K$35.4M3.5%Held
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology160.9K$31.8M3.2%-0.9%
PNTG PENNANT GROUP INC/THEHealthcare983.0K$30.0M3.0%+42.1%
TT TRANE TECHNOLOGIES PLCTechnology66.8K$27.9M2.8%+0.5%
NFLX NETFLIX INCServices media286.4K$27.5M2.7%New
ABT ABBOTT LABORATORIESHealthcare260.5K$26.7M2.7%-5.0%
NVDA NVIDIA CORPTechnology117.9K$20.6M2.0%+1.4%
DASH DOORDASH INC - AServices media101.4K$15.2M1.5%+9.0%
FAST FASTENAL COConsumer discretionary152.7K$7.1M0.7%-81.2%
SPGI S&P GLOBAL INCServices media9.4K$4.0M0.4%Held
ACN ACCENTURE PLC-CL AServices media16.5K$3.3M0.3%+23.2%
MCD MCDONALD'S CORPConsumer discretionary9.3K$2.9M0.3%Held
XOM EXXON MOBIL CORPEnergy14.0K$2.4M0.2%-2.2%
AMGN AMGEN INCHealthcare6.2K$2.2M0.2%+11.3%
GILD GILEAD SCIENCES INCHealthcare14.0K$2.0M0.2%Held
ROP ROPER TECHNOLOGIES INCTechnology5.5K$1.9M0.2%Held
CPRT COPART INCConsumer discretionary55.7K$1.8M0.2%-92.3%
GOOGL ALPHABET INC-CL ATechnology5.6K$1.6M0.2%+0.6%
CVX CHEVRON CORPEnergy7.5K$1.6M0.2%-1.0%
NTRS NORTHERN TRUST CORPFinancials10.6K$1.5M0.1%-2.1%
NOC NORTHROP GRUMMAN CORPTechnology2.1K$1.4M0.1%-3.9%
HSY HERSHEY CO/THEConsumer staples6.8K$1.4M0.1%-0.5%
ESNT ESSENT GROUP LTDFinancials22.9K$1.3M0.1%+0.4%
DG DOLLAR GENERAL CORPConsumer discretionary11.1K$1.3M0.1%-2.2%
TFC TRUIST FINANCIAL CORPFinancials28.0K$1.3M0.1%+15.0%
KO COCA-COLA CO/THEConsumer staples16.5K$1.3M0.1%-2.9%
MDT MEDTRONIC PLCHealthcare14.5K$1.3M0.1%+407.3%
HON HONEYWELL INTERNATIONAL INCIndustrials5.5K$1.2M0.1%+0.5%
PLOW DOUGLAS DYNAMICS INCIndustrials29.0K$1.2M0.1%+0.3%
CTRA COTERRA ENERGY INC31.8K$1.1M0.1%+1.8%
SBUX STARBUCKS CORPConsumer discretionary11.9K$1.1M0.1%+29.5%
PYPL PAYPAL HOLDINGS INCServices media21.8K$986K0.1%Held
COST COSTCO WHOLESALE CORPConsumer discretionary920$917K0.1%Held
SNX TD SYNNEX CORPConsumer discretionary5.4K$907K0.1%+95.4%
ALSN ALLISON TRANSMISSION HOLDINGIndustrials7.5K$883K0.1%New
APAM ARTISAN PARTNERS ASSET MA -AFinancials23.2K$844K0.1%+1.3%
COP CONOCOPHILLIPSEnergy6.2K$824K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202684$1.01B canonicalSEC ↗
Q4 202513F-HRFeb 4, 202688$1.10B canonicalSEC ↗
Q3 202513F-HRNov 19, 202581$1.13B canonicalSEC ↗
Q2 202513F-HRAug 26, 202575$1.17B canonicalSEC ↗
Q1 202513F-HRMay 9, 202571$1.06B canonicalSEC ↗
Q4 202413F-HRFeb 12, 202574$1.05B canonicalSEC ↗
Q3 202413F-HRNov 12, 202477$1.12B canonicalSEC ↗
Q2 202413F-HRAug 7, 202475$1.10B canonicalSEC ↗
Q1 202413F-HRMay 14, 202474$1.13B canonicalSEC ↗