SANDERS MORRIS HARRIS LLC

Other Low signal CIK 1053994
League rank
#759
in Other · #2571 overall
Long book
$630.8M
Q1 2026
Positions
297
Top-10 weight
38%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
92%
of book per quarter

Strategy in plain words

auto-generated from filings

SANDERS MORRIS HARRIS LLC is an institutional manager, running a $630.8M US long book across 297 positions.

The portfolio is moderately concentrated (top 10 ≈ 38% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: INVESCO QQQ TRUST SERIES 1, APPLE INC, NVIDIA CORP, ENTERPRISE PRODUCTS PARTNERS, CAPITAL SOUTHWEST CORP.

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 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
+2.9%
Q2 2024
+7.0%
Q3 2024
+3.9%
Q4 2024
-5.9%
Q1 2025
+10.8%
Q2 2025
+8.4%
Q3 2025
+0.7%
Q4 2025
-0.0%
Q1 2026
+13.1%

Sector allocation

Technology
31%
Other
16%
Financials
10%
Utilities
9%
Industrials
8%
Healthcare
6%
Energy
6%
Consumer discretionary
4%

Long book by quarter

$544.7M
Q1 2024
$609.0M
Q2 2024
$602.9M
Q3 2024
$669.9M
Q4 2024
$647.4M
Q1 2025
$418.7M
Q2 2025
$758.2M
Q3 2025
$64.7M
Q4 2025
$630.8M
Q1 2026

What does SANDERS MORRIS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology134.2K$34.0M5.4%New
NVDA NVIDIA CORPTechnology180.8K$31.5M5.0%New
EPD ENTERPRISE PRODUCTS PARTNERSUtilities802.2K$30.4M4.8%New
CSWC CAPITAL SOUTHWEST CORP1.1M$24.6M3.9%New
MSIF MSC INCOME FUND INC1.8M$22.0M3.5%New
XOM EXXON MOBIL CORPEnergy92.1K$15.6M2.5%New
BX BLACKSTONE INCFinancials132.9K$15.3M2.4%New
MAIN MAIN STREET CAPITAL CORP237.3K$12.6M2.0%New
MSFT MICROSOFT CORPTechnology28.3K$10.5M1.7%New
AVGO BROADCOM INCTechnology39.7K$9.8M1.6%New
LRCX LAM RESEARCH CORPIndustrials42.4K$9.1M1.4%New
PM PHILIP MORRIS INTERNATIONALConsumer staples50.9K$8.4M1.3%New
CTAS CINTAS CORPOther49.0K$8.3M1.3%New
VOXR VOX ROYALTY CORPMaterials1.4M$7.3M1.2%Held
AMD ADVANCED MICRO DEVICESTechnology35.3K$7.2M1.1%New
LLY ELI LILLY & COHealthcare7.6K$7.0M1.1%New
NEE NEXTERA ENERGY INCUtilities138.3K$6.9M1.1%New
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials9$6.5M1.0%New
GOOG ALPHABET INC-CL CTechnology19.7K$5.6M0.9%New
JPM JPMORGAN CHASE & COFinancials18.6K$5.5M0.9%New
GS GOLDMAN SACHS GROUP INCFinancials10.8K$4.9M0.8%New
MO ALTRIA GROUP INCConsumer staples68.8K$4.5M0.7%New
ABBV ABBVIE INCHealthcare20.8K$4.5M0.7%New
ORCL ORACLE CORPTechnology29.7K$4.4M0.7%New
T AT&T INCCommunications148.5K$4.3M0.7%New
DDOG DATADOG INC - CLASS ATechnology32.4K$3.8M0.6%New
LITE LUMENTUM HOLDINGS INCTechnology5.3K$3.7M0.6%New
CIEN CIENA CORPTechnology9.3K$3.6M0.6%New
AMZN AMAZON.COM INCConsumer discretionary17.0K$3.5M0.6%New
PR PERMIAN RESOURCES CORP-CL AEnergy161.9K$3.5M0.5%New
RKLB ROCKET LAB CORPIndustrials51.9K$3.3M0.5%New
CHTR CHARTER COMMUNICATIONS INC-ACommunications15.4K$3.3M0.5%New
LOW LOWE'S COS INCConsumer discretionary13.6K$3.2M0.5%New
HD HOME DEPOT INCConsumer discretionary9.7K$3.2M0.5%New
META META PLATFORMS INC-CLASS ATechnology5.5K$3.2M0.5%New
BA 6 10/15/27 BOEING CO/THE47.1K$3.1M0.5%New
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology7.6K$3.0M0.5%New
MCK MCKESSON CORPConsumer discretionary3.4K$2.9M0.5%New
NOW SERVICENOW INCTechnology27.7K$2.9M0.5%New
V VISA INC-CLASS A SHARESServices media9.4K$2.8M0.5%New
WDAY WORKDAY INC-CLASS ATechnology21.6K$2.8M0.4%New
SHIM SHIMMICK CORPIndustrials758.4K$2.8M0.4%New
DT DYNATRACE INCTechnology75.3K$2.8M0.4%New
RSVR RESERVOIR MEDIA INCServices media266.1K$2.6M0.4%New
KLAC KLA CORPOther1.8K$2.6M0.4%New
IBM INTL BUSINESS MACHINES CORPTechnology10.4K$2.5M0.4%New
COP CONOCOPHILLIPSEnergy18.8K$2.5M0.4%New
APO APOLLO GLOBAL MANAGEMENT INCFinancials21.9K$2.4M0.4%New
CVX CHEVRON CORPEnergy11.3K$2.3M0.4%New
GOOGL ALPHABET INC-CL ATechnology8.1K$2.3M0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 9, 2026297$630.8M canonicalSEC ↗
Q4 202513F-HRJan 8, 202635$64.7M canonicalSEC ↗
Q3 202513F-HROct 7, 2025310$758.2M canonicalSEC ↗
Q2 202513F-HRJul 30, 2025165$418.7M canonicalSEC ↗
Q1 202513F-HRApr 9, 2025288$647.4M canonicalSEC ↗
Q4 202413F-HRJan 15, 2025291$669.9M canonicalSEC ↗
Q3 202413F-HROct 9, 2024287$602.9M canonicalSEC ↗
Q2 202413F-HRJul 12, 2024289$609.0M canonicalSEC ↗
Q1 202413F-HRApr 11, 2024276$544.7M canonicalSEC ↗