UMB Bank, n.a.

Diversified mechanical Mechanical CIK 933429
League rank
#119
in Diversified mechanical · #2445 overall
Long book
$7.16B
Q1 2026
Positions
2284
Top-10 weight
35%
concentration
Last quarter
+13.3%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

UMB Bank, n.a. is a mechanically diversified allocator, running a $7.16B US long book across 2284 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: UMB FINANCIAL CORP, ISHARES CORE S&P 500 ETF, APPLE INC, NVIDIA CORP, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 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
+2.3%
Q2 2024
+8.1%
Q3 2024
+2.0%
Q4 2024
-3.1%
Q1 2025
+7.5%
Q2 2025
+7.8%
Q3 2025
+1.5%
Q4 2025
-2.5%
Q1 2026
+13.3%

Sector allocation

Technology
30%
Financials
25%
Consumer discretionary
12%
Industrials
9%
Healthcare
7%
Services media
4%
Energy
4%
Other
3%

Long book by quarter

$6.31B
Q1 2024
$6.10B
Q2 2024
$6.42B
Q3 2024
$6.32B
Q4 2024
$6.07B
Q1 2025
$6.42B
Q2 2025
$6.80B
Q3 2025
$7.52B
Q4 2025
$7.16B
Q1 2026

What does UMB Bank, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UMBF UMB FINANCIAL CORPFinancials4.7M$532.8M7.4%-1.8%
AAPL APPLE INCTechnology1.2M$307.3M4.3%-1.3%
NVDA NVIDIA CORPTechnology1.3M$232.0M3.2%-0.6%
GOOGL ALPHABET INC-CL ATechnology719.5K$206.9M2.9%-1.4%
MSFT MICROSOFT CORPTechnology516.6K$191.2M2.7%-0.9%
AMZN AMAZON.COM INCConsumer discretionary729.7K$152.0M2.1%+7.5%
AVGO BROADCOM INCTechnology473.6K$146.6M2.0%-5.3%
JPM JPMORGAN CHASE & COFinancials437.6K$128.7M1.8%-1.5%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials145$104.1M1.5%Held
JNJ JOHNSON & JOHNSONHealthcare367.7K$89.9M1.3%-1.2%
COST COSTCO WHOLESALE CORPConsumer discretionary88.4K$88.1M1.2%-1.7%
PGR PROGRESSIVE CORPFinancials431.4K$85.5M1.2%-0.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials164.5K$78.8M1.1%-16.1%
CVX CHEVRON CORPEnergy379.3K$78.5M1.1%-1.7%
WMT WALMART INCConsumer discretionary626.3K$77.8M1.1%-5.8%
TJX TJX COMPANIES INCConsumer discretionary478.9K$76.5M1.1%-0.1%
LLY ELI LILLY & COHealthcare78.0K$71.7M1.0%-0.8%
META META PLATFORMS INC-CLASS ATechnology120.5K$68.9M1.0%-0.7%
XOM EXXON MOBIL CORPEnergy398.6K$67.6M0.9%-2.4%
MA MASTERCARD INC - AServices media108.7K$54.3M0.8%-6.8%
TSLA TESLA INCIndustrials145.1K$54.0M0.8%-0.2%
HD HOME DEPOT INCConsumer discretionary161.8K$53.2M0.7%-1.4%
CAT CATERPILLAR INCIndustrials68.9K$48.8M0.7%+6.6%
V VISA INC-CLASS A SHARESServices media150.1K$45.4M0.6%-7.9%
NEE NEXTERA ENERGY INCUtilities469.4K$43.6M0.6%-0.3%
LIN LINDE PLCMaterials84.4K$41.8M0.6%+0.4%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary449.4K$41.5M0.6%-0.6%
PG PROCTER & GAMBLE CO/THEOther284.8K$41.1M0.6%-1.2%
MCD MCDONALD'S CORPConsumer discretionary131.5K$40.9M0.6%-1.1%
APH AMPHENOL CORP-CL ATechnology319.5K$40.4M0.6%-13.1%
ETN EATON CORP PLCIndustrials112.2K$40.1M0.6%-1.1%
PH PARKER HANNIFIN CORPIndustrials44.2K$39.6M0.6%-0.7%
GOOG ALPHABET INC-CL CTechnology132.4K$38.0M0.5%-0.9%
BLK BLACKROCK INCFinancials38.9K$37.4M0.5%-2.6%
GEV GE VERNOVA INCIndustrials42.1K$36.8M0.5%+4.4%
BAC BANK OF AMERICA CORPFinancials723.8K$35.3M0.5%-1.4%
RTX RTX CORPIndustrials166.3K$32.1M0.4%-1.2%
ABT ABBOTT LABORATORIESHealthcare299.5K$30.8M0.4%-0.9%
TXN TEXAS INSTRUMENTS INCTechnology150.4K$29.2M0.4%-2.8%
UNP UNION PACIFIC CORPIndustrials117.6K$28.5M0.4%-1.0%
NFLX NETFLIX INCServices media294.5K$28.3M0.4%+9.6%
MS MORGAN STANLEYFinancials166.0K$27.3M0.4%-4.3%
ABBV ABBVIE INCHealthcare122.1K$26.6M0.4%-1.2%
HON HONEYWELL INTERNATIONAL INCIndustrials113.9K$25.7M0.4%-1.0%
MDT MEDTRONIC PLCHealthcare293.5K$25.4M0.4%+1.7%
DUK DUKE ENERGY CORPUtilities176.9K$23.2M0.3%-2.6%
ROL ROLLINS INCServices media415.4K$22.2M0.3%+39.2%
CME CME GROUP INCFinancials73.8K$21.8M0.3%+1.1%
KO COCA-COLA CO/THEConsumer staples279.3K$21.2M0.3%-0.2%
PANW PALO ALTO NETWORKS INCTechnology127.6K$20.5M0.3%+35.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20263145$7.16Bconfidential canonicalSEC ↗
Q4 202513F-HRFeb 13, 20263133$7.52Bconfidential canonicalSEC ↗
Q3 202513F-HRNov 4, 20252963$6.80Bconfidential canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTJul 11, 20252950$6.42B canonicalSEC ↗
Q2 202513F-HRJul 10, 20252950$6.42Bconfidential SEC ↗
Q1 202513F-HRApr 14, 20252921$6.07Bconfidential canonicalSEC ↗
Q4 202413F-HRJan 16, 20252930$6.32Bconfidential canonicalSEC ↗
Q3 202413F-HROct 9, 20243032$6.42Bconfidential canonicalSEC ↗
Q2 202413F-HRJul 29, 20243005$6.10Bconfidential canonicalSEC ↗
Q1 202413F-HRApr 26, 20243036$6.31Bconfidential canonicalSEC ↗