THURSTON, SPRINGER, MILLER, HERD & TITAK, INC.
Long book
$242.2M
Q1 2026
Positions
1322
Top-10 weight
17%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
34%
of book per quarter
Strategy in plain words
auto-generated from filingsTHURSTON, SPRINGER, MILLER, HERD & TITAK, INC. is a mechanically diversified allocator, running a $242.2M US long book across 1322 positions.
The portfolio is broadly diversified across 1322 positions (top 10 only 17%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: APPLE INC, MICROSOFT CORP, NVIDIA CORP, ALPS OSHARES US QUALITY DIVI, FIRST TRUST RISING DIVIDEND.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+8.2%
Q2 2024
+7.5%
Q3 2024
-1.2%
Q4 2024
-2.6%
Q1 2025
+9.4%
Q2 2025
+6.5%
Q3 2025
+0.9%
Q4 2025
-2.7%
Q1 2026
+11.7%
Sector allocation
Technology 33%
Industrials 15%
Consumer discretionary 11%
Financials 10%
Healthcare 8%
Utilities 6%
Energy 5%
Materials 4%
Long book by quarter
What does THURSTON, SPRINGER, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 28.3K | $7.2M | 3.0% | -18.0% |
| MSFT MICROSOFT CORP | Technology | 16.5K | $6.1M | 2.5% | -33.8% |
| NVDA NVIDIA CORP | Technology | 34.4K | $6.0M | 2.5% | -19.5% |
| LLY ELI LILLY & CO | Healthcare | 3.5K | $3.2M | 1.3% | -55.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 6.3K | $3.0M | 1.3% | -16.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 12.6K | $2.6M | 1.1% | -20.1% |
| AVGO BROADCOM INC | Technology | 8.3K | $2.6M | 1.1% | -30.6% |
| WMT WALMART INC | Consumer discretionary | 18.2K | $2.3M | 0.9% | -20.3% |
| TSLA TESLA INC | Industrials | 5.5K | $2.1M | 0.8% | -20.4% |
| GOOG ALPHABET INC-CL C | Technology | 7.1K | $2.0M | 0.8% | -19.8% |
| JPM JPMORGAN CHASE & CO | Financials | 6.2K | $1.8M | 0.8% | -19.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.7K | $1.7M | 0.7% | -20.0% |
| CSCO CISCO SYSTEMS INC | Technology | 21.3K | $1.6M | 0.7% | -28.0% |
| GOOGL ALPHABET INC-CL A | Technology | 5.2K | $1.5M | 0.6% | -35.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.0K | $1.5M | 0.6% | -19.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.7K | $1.5M | 0.6% | -18.6% |
| CMI CUMMINS INC | Industrials | 2.7K | $1.4M | 0.6% | -23.7% |
| PSX PHILLIPS 66 | Energy | 7.6K | $1.4M | 0.6% | -25.5% |
| XOM EXXON MOBIL CORP | Energy | 7.9K | $1.3M | 0.6% | -26.5% |
| CVX CHEVRON CORP | Energy | 6.3K | $1.3M | 0.5% | -29.9% |
| WEC WEC ENERGY GROUP INC | Utilities | 11.1K | $1.3M | 0.5% | -15.3% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.9K | $1.2M | 0.5% | -35.0% |
| GD GENERAL DYNAMICS CORP | Industrials | 3.4K | $1.2M | 0.5% | -21.8% |
| HD HOME DEPOT INC | Consumer discretionary | 3.4K | $1.1M | 0.5% | -39.2% |
| ADI ANALOG DEVICES INC | Technology | 3.5K | $1.1M | 0.5% | -24.4% |
| NEE NEXTERA ENERGY INC | Utilities | 11.7K | $1.1M | 0.4% | -15.1% |
| LIN LINDE PLC | Materials | 2.1K | $1.0M | 0.4% | -11.8% |
| CAT CATERPILLAR INC | Industrials | 1.4K | $1.0M | 0.4% | -11.4% |
| SYK STRYKER CORP | Healthcare | 3.0K | $995K | 0.4% | -19.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.8K | $985K | 0.4% | -15.9% |
| CB CHUBB LTD | Financials | 3.0K | $963K | 0.4% | -18.4% |
| BLK BLACKROCK INC | Financials | 999 | $961K | 0.4% | -14.8% |
| TXN TEXAS INSTRUMENTS INC | Technology | 4.8K | $931K | 0.4% | -30.7% |
| AMGN AMGEN INC | Healthcare | 2.6K | $921K | 0.4% | -35.8% |
| PH PARKER HANNIFIN CORP | Industrials | 1.0K | $904K | 0.4% | -11.8% |
| ABBV ABBVIE INC | Healthcare | 4.1K | $883K | 0.4% | -47.1% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 2.5K | $864K | 0.4% | -15.6% |
| GWW WW GRAINGER INC | Consumer discretionary | 764 | $833K | 0.3% | -19.5% |
| ITW ILLINOIS TOOL WORKS | Industrials | 3.2K | $822K | 0.3% | -29.1% |
| WM WASTE MANAGEMENT INC | Utilities | 3.6K | $819K | 0.3% | +3296.2% |
| PEP PEPSICO INC | Consumer staples | 5.2K | $815K | 0.3% | -23.8% |
| MA MASTERCARD INC - A | Services media | 1.6K | $805K | 0.3% | +0.7% |
| PWR QUANTA SERVICES INC | Industrials | 1.4K | $796K | 0.3% | -19.7% |
| LOW LOWE'S COS INC | Consumer discretionary | 3.3K | $789K | 0.3% | -23.5% |
| V VISA INC-CLASS A SHARES | Services media | 2.6K | $786K | 0.3% | -5.4% |
| META META PLATFORMS INC-CLASS A | Technology | 1.4K | $779K | 0.3% | -9.7% |
| APH AMPHENOL CORP-CL A | Technology | 6.0K | $754K | 0.3% | -17.1% |
| MDT MEDTRONIC PLC | Healthcare | 8.3K | $716K | 0.3% | -13.6% |
| KO COCA-COLA CO/THE | Consumer staples | 9.4K | $715K | 0.3% | -3.2% |
| MU MICRON TECHNOLOGY INC | Technology | 2.1K | $715K | 0.3% | -25.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 214784 | $3.01B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 217477 | $3.06B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 7, 2025 | 201753 | $2.49B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 7, 2025 | 192863 | $2.31B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 181069 | $2.00B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 171505 | $1.98B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 11, 2024 | 164523 | $2.00B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 5, 2024 | 161295 | $1.86B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 151963 | $1.68B | canonical | SEC ↗ |
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