WAYCROSS PARTNERS, LLC

Fundamental diversified ★Signal CIK 1844873
League rank
#491
in Fundamental diversified · #3077 overall
Long book
$1.05B
Q1 2026
Positions
76
Top-10 weight
52%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

WAYCROSS PARTNERS, LLC is a diversified fundamental manager, running a $1.05B US long book across 76 positions.

The portfolio is concentrated: the top 10 names carry 52% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, ALPHABET INC-CL A, MICROSOFT CORP, APPLE INC, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 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
+2.5%
Q2 2024
+3.3%
Q3 2024
+4.2%
Q4 2024
-6.6%
Q1 2025
+13.3%
Q2 2025
+8.0%
Q3 2025
+3.5%
Q4 2025
-7.2%
Q1 2026
+12.4%

Sector allocation

Technology
41%
Consumer discretionary
13%
Industrials
13%
Financials
12%
Healthcare
9%
Other
8%
Services media
3%
Utilities
0%

Long book by quarter

$581.4M
Q1 2024
$651.8M
Q2 2024
$723.4M
Q3 2024
$772.1M
Q4 2024
$892.1M
Q1 2025
$1.06B
Q2 2025
$1.16B
Q3 2025
$1.22B
Q4 2025
$1.05B
Q1 2026

What does WAYCROSS PARTNERS, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology466.4K$81.3M7.8%-5.0%
GOOGL ALPHABET INC-CL ATechnology251.1K$72.2M6.9%-3.5%
MSFT MICROSOFT CORPTechnology171.3K$63.4M6.1%+9.0%
AAPL APPLE INCTechnology245.4K$62.3M6.0%-5.5%
AMZN AMAZON.COM INCConsumer discretionary276.1K$57.5M5.5%+3.3%
GS GOLDMAN SACHS GROUP INCFinancials56.1K$47.5M4.5%-4.9%
META META PLATFORMS INC-CLASS ATechnology79.1K$45.2M4.3%-5.6%
AVGO BROADCOM INCTechnology121.2K$37.5M3.6%+3.1%
BA BOEING CO/THEIndustrials188.2K$37.5M3.6%-4.7%
ABBV ABBVIE INCHealthcare165.9K$36.1M3.4%-9.1%
MA MASTERCARD INC - AServices media71.7K$35.8M3.4%+2.4%
C CITIGROUP INCFinancials305.7K$34.7M3.3%-16.8%
HON HONEYWELL INTERNATIONAL INCIndustrials150.1K$33.9M3.2%+3.2%
LOW LOWE'S COS INCConsumer discretionary140.0K$33.1M3.2%+3.2%
PG PROCTER & GAMBLE CO/THEOther220.8K$31.9M3.0%+117.1%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary94.7K$30.4M2.9%+3.2%
MRSH MARSH & MCLENNAN COSFinancials172.3K$29.9M2.9%+3.2%
IR INGERSOLL-RAND INCIndustrials365.3K$29.3M2.8%+3.2%
DAL DELTA AIR LINES INCIndustrials418.3K$27.8M2.7%+3.2%
ECL ECOLAB INCOther101.9K$27.1M2.6%+3.2%
ISRG INTUITIVE SURGICAL INCHealthcare52.5K$24.2M2.3%+17.0%
NXPI NXP SEMICONDUCTORS NVTechnology120.3K$23.7M2.3%+3.2%
INTU INTUIT INCTechnology46.9K$20.3M1.9%+3.2%
CSL CARLISLE COS INCOther56.2K$18.8M1.8%+3.2%
MCD MCDONALD'S CORPConsumer discretionary59.6K$18.5M1.8%+1387.3%
BDX BECTON DICKINSON AND COHealthcare117.0K$18.4M1.8%+3.2%
BSX BOSTON SCIENTIFIC CORPHealthcare267.6K$16.8M1.6%+970.6%
AMD ADVANCED MICRO DEVICESTechnology53.7K$10.9M1.0%+168.3%
AXP AMERICAN EXPRESS COFinancials31.6K$9.6M0.9%New
NOW SERVICENOW INCTechnology84.4K$8.8M0.8%-12.8%
CAT CATERPILLAR INCIndustrials1.8K$1.2M0.1%-25.5%
XOM EXXON MOBIL CORPEnergy6.0K$1.0M0.1%Held
NKE NIKE INC -CL BOther17.2K$909K0.1%Held
LMT LOCKHEED MARTIN CORPIndustrials1.4K$876K0.1%Held
GILD GILEAD SCIENCES INCHealthcare5.7K$799K0.1%Held
AMGN AMGEN INCHealthcare2.3K$792K0.1%Held
DE DEERE & COIndustrials1.4K$777K0.1%Held
PEP PEPSICO INCConsumer staples4.4K$688K0.1%Held
JPM JPMORGAN CHASE & COFinancials2.2K$661K0.1%Held
ETR ENTERGY CORPUtilities5.8K$654K0.1%Held
DHR DANAHER CORPTechnology3.3K$616K0.1%-82.2%
RTX RTX CORPIndustrials3.2K$608K0.1%Held
AEP AMERICAN ELECTRIC POWERUtilities4.2K$548K0.1%Held
PSX PHILLIPS 66Energy3.0K$540K0.1%Held
CL COLGATE-PALMOLIVE COOther6.0K$511K0.0%Held
NEE NEXTERA ENERGY INCUtilities5.4K$501K0.0%Held
WMT WALMART INCConsumer discretionary4.0K$497K0.0%Held
EIX EDISON INTERNATIONALUtilities6.8K$495K0.0%Held
CSCO CISCO SYSTEMS INCTechnology6.1K$471K0.0%Held
KEY KEYCORPFinancials22.7K$456K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 202676$1.05B canonicalSEC ↗
Q4 202513F-HRJan 14, 202694$1.22B canonicalSEC ↗
Q3 202513F-HRNov 7, 202595$1.16B canonicalSEC ↗
Q2 202513F-HRJul 15, 202593$1.06B canonicalSEC ↗
Q1 202513F-HRMay 9, 202563$892.1M canonicalSEC ↗
Q4 202413F-HRJan 31, 202563$772.1M canonicalSEC ↗
Q3 202413F-HRNov 8, 202465$723.4M canonicalSEC ↗
Q2 202413F-HRAug 9, 202471$651.8M canonicalSEC ↗
Q1 202413F-HRMay 2, 202469$581.4M canonicalSEC ↗