Zullo Investment Group, Inc.

Fundamental diversified ★Signal CIK 1909760
League rank
#324
in Fundamental diversified · #1511 overall
Long book
$263.5M
Q1 2026
Positions
158
Top-10 weight
46%
concentration
Last quarter
+15.2%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Zullo Investment Group, Inc. is a diversified fundamental manager, running a $263.5M US long book across 158 positions.

The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, MICROSOFT CORP, SS TECHNOLOGY SELECT SECTOR, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of 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
+6.6%
Q2 2024
+5.9%
Q3 2024
+3.7%
Q4 2024
-5.2%
Q1 2025
+10.0%
Q2 2025
+9.9%
Q3 2025
+2.5%
Q4 2025
-4.7%
Q1 2026
+15.2%

Sector allocation

Technology
54%
Financials
11%
Consumer discretionary
10%
Industrials
8%
Healthcare
5%
Services media
3%
Energy
2%
Other
2%

Long book by quarter

$213.4M
Q1 2024
$227.8M
Q2 2024
$240.9M
Q3 2024
$247.7M
Q4 2024
$233.2M
Q1 2025
$246.6M
Q2 2025
$270.4M
Q3 2025
$273.4M
Q4 2025
$263.5M
Q1 2026

What does Zullo Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology159.6K$40.5M15.4%-1.1%
NVDA NVIDIA CORPTechnology124.8K$21.8M8.3%-4.4%
MSFT MICROSOFT CORPTechnology35.6K$13.2M5.0%+7.8%
AMZN AMAZON.COM INCConsumer discretionary41.8K$8.7M3.3%-0.1%
META META PLATFORMS INC-CLASS ATechnology12.9K$7.4M2.8%-0.6%
JPM JPMORGAN CHASE & COFinancials20.7K$6.1M2.3%+1.0%
GOOG ALPHABET INC-CL CTechnology18.0K$5.2M2.0%-3.4%
TSLA TESLA INCIndustrials10.1K$3.8M1.4%-6.7%
GOOGL ALPHABET INC-CL ATechnology12.6K$3.6M1.4%+7.4%
WMT WALMART INCConsumer discretionary28.9K$3.6M1.4%+0.5%
JNJ JOHNSON & JOHNSONHealthcare13.6K$3.3M1.3%+2.3%
NFLX NETFLIX INCServices media27.2K$2.6M1.0%-1.5%
HD HOME DEPOT INCConsumer discretionary7.9K$2.6M1.0%+0.8%
PG PROCTER & GAMBLE CO/THEOther16.3K$2.4M0.9%+8.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.7K$2.3M0.9%+0.4%
GS GOLDMAN SACHS GROUP INCFinancials2.6K$2.2M0.8%+0.8%
V VISA INC-CLASS A SHARESServices media7.3K$2.2M0.8%-0.3%
AMD ADVANCED MICRO DEVICESTechnology10.7K$2.2M0.8%-1.1%
AVGO BROADCOM INCTechnology6.9K$2.1M0.8%-4.9%
VZ VERIZON COMMUNICATIONS INCCommunications42.7K$2.1M0.8%-2.6%
FDX FEDEX CORPIndustrials6.0K$2.1M0.8%+2.3%
MCD MCDONALD'S CORPConsumer discretionary6.7K$2.1M0.8%+3.7%
COST COSTCO WHOLESALE CORPConsumer discretionary2.0K$2.0M0.7%+0.5%
SCHW SCHWAB (CHARLES) CORPFinancials18.8K$1.8M0.7%-2.7%
MS MORGAN STANLEYFinancials10.7K$1.8M0.7%+1.4%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology4.3K$1.7M0.6%-0.2%
LLY ELI LILLY & COHealthcare1.8K$1.6M0.6%+2.4%
UPS UNITED PARCEL SERVICE-CL BIndustrials15.6K$1.5M0.6%+0.5%
CAT CATERPILLAR INCIndustrials2.0K$1.4M0.5%+0.1%
MRK MERCK & CO. INC.Healthcare11.1K$1.3M0.5%+0.8%
CVX CHEVRON CORPEnergy6.4K$1.3M0.5%+10.2%
CSCO CISCO SYSTEMS INCTechnology16.9K$1.3M0.5%-1.3%
BA BOEING CO/THEIndustrials6.5K$1.3M0.5%+1.4%
XOM EXXON MOBIL CORPEnergy7.4K$1.3M0.5%+5.3%
ABBV ABBVIE INCHealthcare5.6K$1.2M0.5%-0.9%
STXN SEAGATE TECHNOLOGY HOLDINGS3.0K$1.2M0.4%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology7.8K$1.1M0.4%-12.0%
IBM INTL BUSINESS MACHINES CORPTechnology4.7K$1.1M0.4%+3.4%
PEP PEPSICO INCConsumer staples7.1K$1.1M0.4%-0.9%
LMT LOCKHEED MARTIN CORPIndustrials1.8K$1.1M0.4%+6.7%
LOW LOWE'S COS INCConsumer discretionary4.4K$1.0M0.4%+1.1%
UNH UNITEDHEALTH GROUP INCFinancials3.7K$1.0M0.4%+5.6%
SHOP SHOPIFY INC - CLASS ATechnology8.4K$1.0M0.4%+1.2%
UBER UBER TECHNOLOGIES INCServices media13.6K$977K0.4%-8.2%
PPL PPL CORPUtilities23.8K$909K0.3%-0.5%
RTX RTX CORPIndustrials4.7K$905K0.3%+1.9%
QCOM QUALCOMM INCTechnology6.9K$893K0.3%+2.5%
ADI ANALOG DEVICES INCTechnology2.8K$878K0.3%-0.8%
NEE NEXTERA ENERGY INCUtilities9.3K$861K0.3%-2.2%
MU MICRON TECHNOLOGY INCTechnology2.5K$857K0.3%+6.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 15, 2026158$263.5M canonicalSEC ↗
Q4 202513F-HRJan 26, 2026154$273.4M canonicalSEC ↗
Q3 202513F-HROct 23, 2025152$270.4M canonicalSEC ↗
Q2 202513F-HRJul 24, 2025152$246.6M canonicalSEC ↗
Q1 202513F-HRMay 1, 2025146$233.2M canonicalSEC ↗
Q4 202413F-HRFeb 3, 2025148$247.7M canonicalSEC ↗
Q3 202413F-HROct 15, 2024150$240.9M canonicalSEC ↗
Q2 202413F-HRAug 13, 2024151$227.8M canonicalSEC ↗
Q1 202413F-HRApr 24, 2024154$213.4M canonicalSEC ↗