XXEC, Inc.

Fundamental concentrated ★Highest signal CIK 1828822
League rank
#869
in Fundamental concentrated · #7032 overall
Long book
$570.6M
Q1 2026
Positions
23
Top-10 weight
72%
concentration
Last quarter
+5.1%
SPY +14.8%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

XXEC, Inc. is a concentrated fundamental stock-picker, running a $570.6M US long book across 23 positions.

The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: MASTERCARD INC - A, MICROSOFT CORP, UNIVERSAL DISPLAY CORP, NORDSON CORP, VISA INC-CLASS A SHARES.

Over the last 9 quarters its long book ran on average 3.6pp per quarter behind the S&P 500, beating the index in 1 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.8%
Q2 2024
+5.3%
Q3 2024
-3.7%
Q4 2024
-2.4%
Q1 2025
+8.1%
Q2 2025
+1.7%
Q3 2025
+1.0%
Q4 2025
-7.9%
Q1 2026
+5.1%

Sector allocation

Technology
33%
Services media
27%
Industrials
20%
Financials
7%
Energy
5%
Healthcare
5%
Consumer discretionary
2%

Long book by quarter

$132.9M
Q1 2024
$129.6M
Q2 2024
$132.4M
Q3 2024
$120.6M
Q4 2024
$115.4M
Q1 2025
$124.4M
Q2 2025
$118.6M
Q3 2025
$100.1M
Q4 2025
$570.6M
Q1 2026

What does XXEC, Inc. own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MA MASTERCARD INC - AServices media104.3K$57.8M10.1%+478.9%
MSFT MICROSOFT CORPTechnology102.1K$47.2M8.3%+484.5%
OLED UNIVERSAL DISPLAY CORPTechnology386.9K$45.6M8.0%+489.3%
NDSN NORDSON CORPIndustrials178.8K$45.5M8.0%+485.7%
V VISA INC-CLASS A SHARESServices media121.6K$41.6M7.3%+475.0%
INTU INTUIT INCTechnology69.7K$40.8M7.2%+509.2%
GNTX GENTEX CORPIndustrials1.5M$36.6M6.4%+483.9%
MCO MOODY'S CORPServices media69.2K$35.2M6.2%+484.3%
SLB SLB LTDEnergy669.5K$29.3M5.1%+398.6%
VRSK VERISK ANALYTICS INCTechnology124.6K$26.7M4.7%+526.4%
XYL XYLEM INCIndustrials171.2K$23.3M4.1%+477.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials42.1K$20.7M3.6%+491.3%
MTD METTLER-TOLEDO INTERNATIONALHealthcare13.1K$18.5M3.2%+495.8%
CB CHUBB LTDFinancials50.0K$15.6M2.7%+473.3%
TER TERADYNE INCTechnology61.7K$13.9M2.4%+133.9%
RS RELIANCE INCConsumer discretionary36.7K$11.1M1.9%New
HTFL HEARTFLOW INCHealthcare278.7K$8.1M1.4%+564.8%
FICO FAIR ISAAC CORPServices media5.1K$7.7M1.4%+500.0%
CSX CSX CORPIndustrials99.7K$3.7M0.6%+486.9%
PAYX PAYCHEX INCServices media32.9K$3.0M0.5%New
BMI BADGER METER INCTechnology97.6K$2.7M0.5%+534.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTApr 24, 202623$570.6M canonicalSEC ↗
Q1 202613F-HRApr 24, 202624$570.6M SEC ↗
Q4 202513F-HRMar 5, 202622$100.1M canonicalSEC ↗
Q3 202513F-HRNov 26, 202522$118.6M canonicalSEC ↗
Q2 202513F-HRAug 13, 202519$124.4M canonicalSEC ↗
Q1 202513F-HRApr 9, 202521$115.4M canonicalSEC ↗
Q4 202413F-HRFeb 6, 202521$120.6M canonicalSEC ↗
Q3 202413F-HRNov 5, 202420$132.4M canonicalSEC ↗
Q2 202413F-HRAug 9, 202423$129.6M canonicalSEC ↗
Q1 202413F-HRApr 22, 202423$132.9M canonicalSEC ↗