WEATHERLY ASSET MANAGEMENT L. P.

Fundamental diversified ★Signal CIK 934745
League rank
#272
in Fundamental diversified · #1186 overall
Long book
$1.24B
Q1 2026
Positions
186
Top-10 weight
50%
concentration
Last quarter
+16.3%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

WEATHERLY ASSET MANAGEMENT L. P. is a diversified fundamental manager, running a $1.24B US long book across 186 positions.

The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ELI LILLY & CO, APPLE INC, AMAZON.COM INC, FIDELITY TOTAL BOND ETF, NETFLIX INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 5 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
+7.1%
Q2 2024
+3.0%
Q3 2024
-1.6%
Q4 2024
-0.9%
Q1 2025
+5.8%
Q2 2025
+3.8%
Q3 2025
+8.3%
Q4 2025
-4.1%
Q1 2026
+16.3%

Sector allocation

Healthcare
29%
Technology
29%
Consumer discretionary
12%
Industrials
9%
Services media
7%
Utilities
4%
Other
3%
Energy
2%

Long book by quarter

$1.03B
Q1 2024
$1.09B
Q2 2024
$1.14B
Q3 2024
$1.13B
Q4 2024
$1.12B
Q1 2025
$1.17B
Q2 2025
$1.21B
Q3 2025
$1.30B
Q4 2025
$1.24B
Q1 2026

What does WEATHERLY ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
LLY ELI LILLY & COHealthcare273.1K$251.2M20.3%-0.4%
AAPL APPLE INCTechnology323.9K$82.2M6.6%-2.2%
AMZN AMAZON.COM INCConsumer discretionary218.8K$45.6M3.7%-2.1%
NFLX NETFLIX INCServices media398.3K$38.3M3.1%-0.7%
MSFT MICROSOFT CORPTechnology98.7K$36.5M3.0%0.0%
GOOGL ALPHABET INC-CL ATechnology100.4K$28.9M2.3%-1.7%
COST COSTCO WHOLESALE CORPConsumer discretionary27.4K$27.3M2.2%-2.0%
WM WASTE MANAGEMENT INCUtilities112.6K$25.9M2.1%0.0%
NVDA NVIDIA CORPTechnology129.9K$22.7M1.8%-2.2%
PANW PALO ALTO NETWORKS INCTechnology139.0K$22.3M1.8%+311.8%
ASML ASML HOLDING NV-NY REG SHSIndustrials13.9K$18.3M1.5%+2.5%
V VISA INC-CLASS A SHARESServices media53.6K$16.2M1.3%-0.9%
HD HOME DEPOT INCConsumer discretionary37.7K$12.4M1.0%-0.2%
PG PROCTER & GAMBLE CO/THEOther83.3K$12.0M1.0%+2.6%
GD GENERAL DYNAMICS CORPIndustrials32.7K$11.2M0.9%-2.5%
GLW CORNING INCIndustrials73.5K$10.0M0.8%-3.1%
ANET ARISTA NETWORKS INCTechnology78.4K$9.6M0.8%-0.8%
KO COCA-COLA CO/THEConsumer staples121.6K$9.3M0.8%+1.8%
COP CONOCOPHILLIPSEnergy70.3K$9.3M0.8%+1.5%
FTNT FORTINET INCTechnology109.0K$8.9M0.7%Held
WMT WALMART INCConsumer discretionary70.5K$8.8M0.7%+7.9%
DE DEERE & COIndustrials15.2K$8.6M0.7%-0.2%
LMT LOCKHEED MARTIN CORPIndustrials14.0K$8.5M0.7%-0.6%
GOOG ALPHABET INC-CL CTechnology25.1K$7.2M0.6%-2.2%
SBUX STARBUCKS CORPConsumer discretionary79.3K$7.1M0.6%-4.1%
JNJ JOHNSON & JOHNSONHealthcare27.8K$6.8M0.5%-3.7%
META META PLATFORMS INC-CLASS ATechnology10.8K$6.2M0.5%+1.4%
MCK MCKESSON CORPConsumer discretionary6.7K$5.8M0.5%0.0%
ADBE ADOBE INCTechnology22.2K$5.4M0.4%-3.5%
RTX RTX CORPIndustrials27.8K$5.4M0.4%+3.2%
TTE TOTALENERGIES SEEnergy58.3K$5.4M0.4%-0.2%
DIS WALT DISNEY CO/THEServices media55.3K$5.3M0.4%-1.2%
AVGO BROADCOM INCTechnology16.2K$5.0M0.4%+4.0%
TT TRANE TECHNOLOGIES PLCTechnology11.8K$4.9M0.4%-0.7%
CVX CHEVRON CORPEnergy23.4K$4.8M0.4%-1.2%
NEE NEXTERA ENERGY INCUtilities48.9K$4.5M0.4%-0.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials9.2K$4.4M0.4%-1.4%
APH AMPHENOL CORP-CL ATechnology34.3K$4.3M0.4%-1.2%
CAT CATERPILLAR INCIndustrials6.0K$4.2M0.3%-0.9%
ROK ROCKWELL AUTOMATION INCOther11.6K$4.2M0.3%0.0%
JPM JPMORGAN CHASE & COFinancials14.0K$4.1M0.3%-0.1%
FDX FEDEX CORPIndustrials11.1K$4.0M0.3%+2.9%
CSCO CISCO SYSTEMS INCTechnology51.2K$4.0M0.3%-0.1%
LRCX LAM RESEARCH CORPIndustrials18.3K$3.9M0.3%-7.1%
NOW SERVICENOW INCTechnology34.8K$3.6M0.3%-7.3%
NTR NUTRIEN LTDOther47.3K$3.6M0.3%-0.9%
CEG CONSTELLATION ENERGYUtilities12.8K$3.6M0.3%+13.6%
ZS ZSCALER INCTechnology25.1K$3.5M0.3%+14.4%
TSLA TESLA INCIndustrials9.0K$3.3M0.3%+0.3%
QCOM QUALCOMM INCTechnology24.0K$3.1M0.3%-0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 15, 2026186$1.24B canonicalSEC ↗
Q4 202513F-HRJan 16, 2026190$1.30B canonicalSEC ↗
Q3 202513F-HROct 16, 2025182$1.21B canonicalSEC ↗
Q2 202513F-HRJul 11, 2025182$1.17B canonicalSEC ↗
Q1 202513F-HRMay 1, 2025179$1.12B canonicalSEC ↗
Q4 202413F-HRJan 29, 2025181$1.13B canonicalSEC ↗
Q3 202413F-HROct 29, 2024179$1.14B canonicalSEC ↗
Q2 202413F-HRJul 31, 2024169$1.09B canonicalSEC ↗
Q1 202413F-HRApr 19, 2024171$1.03B canonicalSEC ↗