SCHMIDT P J INVESTMENT MANAGEMENT INC
Long book
$594.6M
Q1 2026
Positions
212
Top-10 weight
41%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsSCHMIDT P J INVESTMENT MANAGEMENT INC is an institutional manager, running a $594.6M US long book across 212 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, MICROSOFT CORP, ALPHABET INC-CL C, BROADCOM INC, ISHARES 5-10Y INV GRADE CORP.
Over the last 9 quarters its long book ran on average 0.9pp 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
+3.8%
Q2 2024
+6.7%
Q3 2024
+1.2%
Q4 2024
-3.7%
Q1 2025
+6.5%
Q2 2025
+6.8%
Q3 2025
+3.8%
Q4 2025
-4.2%
Q1 2026
+11.7%
Sector allocation
Technology 41%
Consumer discretionary 12%
Healthcare 12%
Industrials 11%
Financials 10%
Utilities 4%
Services media 4%
Consumer staples 2%
Long book by quarter
What does SCHMIDT P own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 151.2K | $38.4M | 6.5% | -0.6% |
| MSFT MICROSOFT CORP | Technology | 89.5K | $33.1M | 5.6% | +4.8% |
| GOOG ALPHABET INC-CL C | Technology | 98.4K | $28.2M | 4.7% | -1.4% |
| AVGO BROADCOM INC | Technology | 90.4K | $28.0M | 4.7% | -5.2% |
| SNDR SCHNEIDER NATIONAL INC-CL B | Industrials | 834.0K | $22.0M | 3.7% | -2.4% |
| LLY ELI LILLY & CO | Healthcare | 19.0K | $17.4M | 2.9% | -4.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 77.0K | $16.0M | 2.7% | +0.3% |
| NVDA NVIDIA CORP | Technology | 71.8K | $12.5M | 2.1% | -1.1% |
| NEE NEXTERA ENERGY INC | Utilities | 119.2K | $11.1M | 1.9% | -0.9% |
| ADI ANALOG DEVICES INC | Technology | 33.3K | $10.6M | 1.8% | -0.1% |
| V VISA INC-CLASS A SHARES | Services media | 32.3K | $9.8M | 1.6% | -0.7% |
| BLK BLACKROCK INC | Financials | 10.0K | $9.6M | 1.6% | +0.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 60.9K | $8.8M | 1.5% | +0.5% |
| JPM JPMORGAN CHASE & CO | Financials | 29.0K | $8.5M | 1.4% | +0.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 27.0K | $8.4M | 1.4% | +1.2% |
| PEP PEPSICO INC | Consumer staples | 51.8K | $8.0M | 1.4% | -0.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 8.0K | $8.0M | 1.3% | -1.2% |
| SYK STRYKER CORP | Healthcare | 23.2K | $7.6M | 1.3% | +1.6% |
| ABBV ABBVIE INC | Healthcare | 34.7K | $7.5M | 1.3% | +1.8% |
| UNP UNION PACIFIC CORP | Industrials | 28.7K | $7.0M | 1.2% | 0.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 13.6K | $6.5M | 1.1% | +0.1% |
| GWW WW GRAINGER INC | Consumer discretionary | 5.8K | $6.3M | 1.1% | -1.6% |
| HD HOME DEPOT INC | Consumer discretionary | 16.1K | $5.3M | 0.9% | 0.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 22.2K | $5.0M | 0.8% | -2.1% |
| UNH UNITEDHEALTH GROUP INC | Financials | 16.0K | $4.3M | 0.7% | -11.1% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 26.4K | $4.2M | 0.7% | -2.4% |
| MA MASTERCARD INC - A | Services media | 8.0K | $4.0M | 0.7% | -0.1% |
| ITW ILLINOIS TOOL WORKS | Industrials | 15.0K | $3.9M | 0.7% | -2.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 31.3K | $3.2M | 0.5% | -6.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 12.8K | $3.1M | 0.5% | -0.2% |
| XOM EXXON MOBIL CORP | Energy | 15.5K | $2.6M | 0.4% | Held |
| MRK MERCK & CO. INC. | Healthcare | 17.7K | $2.1M | 0.4% | -0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 7.1K | $2.0M | 0.3% | -0.4% |
| TSLA TESLA INC | Industrials | 4.8K | $1.8M | 0.3% | -2.8% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.7K | $1.6M | 0.3% | Held |
| ADP AUTOMATIC DATA PROCESSING | Technology | 7.9K | $1.6M | 0.3% | +1.1% |
| CVX CHEVRON CORP | Energy | 7.7K | $1.6M | 0.3% | Held |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 6.4K | $1.3M | 0.2% | +3.2% |
| PANW PALO ALTO NETWORKS INC | Technology | 7.3K | $1.2M | 0.2% | -0.6% |
| WEC WEC ENERGY GROUP INC | Utilities | 8.7K | $1.0M | 0.2% | Held |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 15.9K | $999K | 0.2% | -1.0% |
| YUM YUM! BRANDS INC | Consumer discretionary | 6.3K | $984K | 0.2% | 0.0% |
| DUK DUKE ENERGY CORP | Utilities | 7.5K | $977K | 0.2% | +15.9% |
| AMGN AMGEN INC | Healthcare | 2.7K | $933K | 0.2% | Held |
| VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 2.0K | $892K | 0.1% | -2.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 16.2K | $812K | 0.1% | +14.9% |
| BX BLACKSTONE INC | Financials | 7.1K | $812K | 0.1% | +2.9% |
| VRT VERTIV HOLDINGS CO-A | Technology | 3.1K | $786K | 0.1% | +2.8% |
| WMT WALMART INC | Consumer discretionary | 6.3K | $779K | 0.1% | 0.0% |
| RGLD ROYAL GOLD INC | Financials | 3.0K | $771K | 0.1% | -4.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 212 | $594.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 194 | $614.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 27, 2025 | 199 | $605.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 1, 2025 | 187 | $578.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 21, 2025 | 184 | $546.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 184 | $576.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 188 | $579.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 182 | $547.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 26, 2024 | 180 | $530.1M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P