Schear Investment Advisers, LLC

Fundamental diversified ★Signal CIK 1962838
League rank
#42
in Fundamental diversified · #221 overall
Long book
$226.8M
Q1 2026
Positions
77
Top-10 weight
43%
concentration
Last quarter
+28.6%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Schear Investment Advisers, LLC is a diversified fundamental manager, running a $226.8M US long book across 77 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, BROADCOM INC, GE VERNOVA INC, ALPHABET INC-CL A, MICRON TECHNOLOGY INC.

Over the last 9 quarters its long book ran on average 2.8pp per quarter ahead of the S&P 500, beating the index in 7 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
+6.0%
Q2 2024
+3.4%
Q3 2024
+3.0%
Q4 2024
-6.2%
Q1 2025
+16.6%
Q2 2025
+10.2%
Q3 2025
+4.8%
Q4 2025
-1.0%
Q1 2026
+28.6%

Sector allocation

Technology
42%
Industrials
16%
Consumer discretionary
12%
Financials
12%
Healthcare
7%
Materials
2%
Utilities
2%
Other
2%

Long book by quarter

$124.5M
Q1 2024
$138.5M
Q2 2024
$161.6M
Q3 2024
$187.8M
Q4 2024
$173.6M
Q1 2025
$202.0M
Q2 2025
$224.5M
Q3 2025
$232.4M
Q4 2025
$226.8M
Q1 2026

What does Schear Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology99.9K$17.4M7.7%+1.3%
AVGO BROADCOM INCTechnology42.2K$13.1M5.8%-0.8%
GEV GE VERNOVA INCIndustrials12.7K$11.1M4.9%-0.1%
GOOGL ALPHABET INC-CL ATechnology37.6K$10.8M4.8%+0.6%
MU MICRON TECHNOLOGY INCTechnology31.5K$10.6M4.7%+12.5%
AAPL APPLE INCTechnology29.2K$7.4M3.3%+0.1%
MSFT MICROSOFT CORPTechnology19.3K$7.1M3.2%+23.0%
AMD ADVANCED MICRO DEVICESTechnology32.2K$6.6M2.9%+32.0%
LLY ELI LILLY & COHealthcare7.0K$6.4M2.8%-0.2%
AMZN AMAZON.COM INCConsumer discretionary27.6K$5.8M2.5%-1.2%
MOD MODINE MANUFACTURING COIndustrials26.0K$5.6M2.5%+8.5%
META META PLATFORMS INC-CLASS ATechnology8.5K$4.9M2.2%-18.0%
COST COSTCO WHOLESALE CORPConsumer discretionary4.7K$4.7M2.1%-2.1%
CAT CATERPILLAR INCIndustrials6.6K$4.7M2.1%+0.2%
C CITIGROUP INCFinancials38.0K$4.3M1.9%-0.2%
JPM JPMORGAN CHASE & COFinancials13.7K$4.0M1.8%+0.6%
VRT VERTIV HOLDINGS CO-ATechnology15.6K$3.9M1.7%+6.1%
GE GENERAL ELECTRICIndustrials11.5K$3.3M1.4%+0.8%
MS MORGAN STANLEYFinancials19.4K$3.2M1.4%+1.0%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology7.5K$2.9M1.3%-0.4%
GS GOLDMAN SACHS GROUP INCFinancials3.4K$2.9M1.3%-0.8%
V VISA INC-CLASS A SHARESServices media9.6K$2.9M1.3%+0.2%
WMT WALMART INCConsumer discretionary23.2K$2.9M1.3%+0.9%
TJX TJX COMPANIES INCConsumer discretionary16.1K$2.6M1.1%+1.0%
PNC PNC FINANCIAL SERVICES GROUPFinancials12.2K$2.5M1.1%+1.4%
DAL DELTA AIR LINES INCIndustrials38.0K$2.5M1.1%+1.9%
MCK MCKESSON CORPConsumer discretionary2.9K$2.5M1.1%+0.9%
BSX BOSTON SCIENTIFIC CORPHealthcare39.9K$2.5M1.1%+45.0%
ULTA ULTA BEAUTY INCConsumer discretionary4.5K$2.3M1.0%-1.1%
PG PROCTER & GAMBLE CO/THEOther15.8K$2.3M1.0%Held
HD HOME DEPOT INCConsumer discretionary6.7K$2.2M1.0%-0.1%
AMGN AMGEN INCHealthcare6.2K$2.2M1.0%+0.6%
LIN LINDE PLCMaterials4.4K$2.2M1.0%-0.1%
COR CENCORA INCConsumer discretionary6.8K$2.1M0.9%+0.4%
CB CHUBB LTDFinancials6.2K$2.0M0.9%-2.2%
MSI MOTOROLA SOLUTIONS INCTechnology4.6K$2.0M0.9%-0.4%
MLM MARTIN MARIETTA MATERIALSMaterials3.3K$1.9M0.9%+4.1%
CVX CHEVRON CORPEnergy9.1K$1.9M0.8%+1.1%
CTRA COTERRA ENERGY INC52.0K$1.8M0.8%+0.2%
CEG CONSTELLATION ENERGYUtilities6.5K$1.8M0.8%+0.2%
VST VISTRA CORPUtilities11.9K$1.8M0.8%+0.9%
UNP UNION PACIFIC CORPIndustrials6.2K$1.5M0.7%-0.5%
MEDP MEDPACE HOLDINGS INCHealthcare3.1K$1.5M0.7%New
AXP AMERICAN EXPRESS COFinancials4.8K$1.5M0.6%+1.3%
UNH UNITEDHEALTH GROUP INCFinancials5.4K$1.5M0.6%+1.7%
DE DEERE & COIndustrials2.3K$1.3M0.6%0.0%
SYK STRYKER CORPHealthcare3.7K$1.2M0.5%-0.4%
RTX RTX CORPIndustrials5.9K$1.1M0.5%+1.0%
URI UNITED RENTALS INCServices media1.6K$1.1M0.5%-7.4%
HON HONEYWELL INTERNATIONAL INCIndustrials4.9K$1.1M0.5%+0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 202677$226.8M canonicalSEC ↗
Q4 202513F-HRJan 28, 202675$232.4M canonicalSEC ↗
Q3 202513F-HROct 21, 202586$224.5M canonicalSEC ↗
Q2 202513F-HRAug 14, 202586$202.0M canonicalSEC ↗
Q1 202513F-HRMay 1, 202589$173.6M canonicalSEC ↗
Q4 202413F-HRJan 29, 202588$187.8M canonicalSEC ↗
Q3 202413F-HRNov 6, 202484$161.6M canonicalSEC ↗
Q2 202413F-HRJul 30, 202481$138.5M canonicalSEC ↗
Q1 202413F-HRMay 1, 202479$124.5M canonicalSEC ↗