LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA
Sector Allocation
- Technology42.1%$65.3M
- Financials17.2%$26.7M
- Healthcare8.4%$13.0M
- Other6.5%$10.0M
- Consumer Discretionary6.3%$9.8M
- Industrials3.5%$5.4M
- Consumer Staples3.3%$5.0M
- Utilities3.2%$5.0M
- Materials3.2%$4.9M
- Real Estate3.1%$4.8M
AUM History
13fpro.ai/research/fund/lederer-and-associates-investment-counsel-ca-1089707
Conviction and streaks
Concentrating · top 10 = 41.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
AAPL
$13.7MMSFT
$11.3MNVDA
$10.3MGOOGL
$6.9MAMZN
$5.2MMETA
$4.1MAVGO
$3.9MV
$3.3MJNJ
$2.9MJPM
$2.9MADP
$2.9MBRK.B
$2.8MCSCO
$2.8MABBV
$2.8MBLK
$2.7MGLD
$2.5MXOM.R34088
$2.4MCB
$2.4MAMGN
$2.2MNEE
$2.0M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/lederer-and-associates-investment-counsel-ca-1089707
LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA 13F holdings — Q3 2026
$155.1M portfolio (+2.1% QoQ) · 88 holdings · Q3 2026 13F · top 10 are 42% of the stock portfolio
$13.7M
8.8% of stocks
-10%This quarter-1.1%Since filed11+ qtrsHeld$11.3M
7.3% of stocks
-3%This quarter+1.5%Since filed11+ qtrsHeld$10.3M
6.7% of stocks
-2%This quarter+2.4%Since filed11+ qtrsHeld$6.9M
4.4% of stocks
-3%This quarter-1.0%Since filed11+ qtrsHeld$5.2M
3.4% of stocks
-3%This quarter+0.4%Since filed11+ qtrsHeld$4.1M
2.7% of stocks
-9%This quarter-1.9%Since filed11+ qtrsHeld$3.9M
2.5% of stocks
-0.9%This quarter+2.3%Since filed11+ qtrsHeld$3.3M
2.1% of stocks
-3%This quarter-0.9%Since filed11+ qtrsHeld$2.9M
1.9% of stocks
-0.6%This quarter+0.9%Since filed11+ qtrsHeld$2.9M
1.9% of stocks
-1%This quarter+0.7%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row
All holdings — LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA (Q3 2026)
88 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | AUTOMATIC DATA PROCESSING INC | Technology | $2.9M | 1.9% | 11K | -3% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | BERKSHIRE HATHAWAY INC | Financials | $2.8M | 1.8% | 5,623 | -2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | CISCO SYSTEMS, INC. | Technology | $2.8M | 1.8% | 26K | -0.8% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | AbbVie Inc. | Healthcare | $2.8M | 1.8% | 11K | -0.5% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | BlackRock, Inc. | Financials | $2.7M | 1.8% | 2,562 | -2% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | SPDR GOLD TRUSTetf/fund | Financials | $2.5M | 1.6% | 6,523 | — | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | EXXON MOBIL CORP | Energy | $2.4M | 1.6% | 15K | -0.8% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Chubb Ltd | Financials | $2.4M | 1.5% | 7,309 | -0.8% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | AMGEN INC | Healthcare | $2.2M | 1.4% | 5,188 | -2% | 11+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | NEXTERA ENERGY INC | Utilities | $2.0M | 1.3% | 27K | -0.4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | LINDE PLC | Materials | $2.0M | 1.3% | 4,262 | -0.5% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | — | Schwab US Large-Cap Value ETF - COMetf/fund | — | $2.0M | 1.3% | 60K | -0.4% | — | — | 13F |
| 23 | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $1.8M | 1.2% | 2,024 | -4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | WASTE MANAGEMENT INC | Utilities | $1.8M | 1.2% | 9,033 | -0.6% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | UNION PACIFIC CORP | Industrials | $1.8M | 1.2% | 6,676 | -1% | 11+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | — | Schwab US Large-Cap Growth ETF - COM | — | $1.8M | 1.2% | 51K | -0.3% | |||
| 27 | $CRWD | CrowdStrike Holdings, Inc. | Technology | $1.7M | 1.1% | 6,463 | +197% | |||
| 28 | $SPGI | S&P Global Inc. | Financials | $1.7M | 1.1% | 4,268 | +2% | |||
| 29 | $SCHW | SCHWAB CHARLES CORP | Financials | $1.6M | 1.1% | 17K | -5% | |||
| 30 | $GLW | CORNING INC /NY | Materials | $1.5M | 1.0% | 10K | — | |||
| 31 | — | Schwab US TIPS ETF - COM | — | $1.4M | 0.9% | 57K | — | |||
| 32 | $CME | CME GROUP INC. | Financials | $1.4M | 0.9% | 5,424 | — | |||
| 33 | $SYK | STRYKER CORP | Healthcare | $1.4M | 0.9% | 5,143 | -5% | |||
| 34 | $MCD | MCDONALDS CORP | Consumer Discretionary | $1.4M | 0.9% | 5,955 | -3% | |||
| 35 | $MLM | MARTIN MARIETTA MATERIALS INC | Materials | $1.3M | 0.9% | 2,801 | -4% | |||
| 36 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $1.3M | 0.8% | 9,109 | -0.4% | |||
| 37 | $UBER | Uber Technologies, Inc | Technology | $1.3M | 0.8% | 19K | -4% | |||
| 38 | $ABNB | Airbnb, Inc. | Technology | $1.3M | 0.8% | 8,088 | -12% | |||
| 39 | $NFLX | NETFLIX INC | Communication Services | $1.3M | 0.8% | 18K | -4% | |||
| 40 | $MRK | Merck & Co., Inc. | Healthcare | $1.2M | 0.8% | 8,296 | -14% | |||
| 41 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $1.2M | 0.8% | 13K | -0.1% | |||
| 42 | $MDT | Medtronic plc | Healthcare | $1.2M | 0.8% | 14K | -0.5% | |||
| 43 | $AWK | American Water Works Company, Inc. | Utilities | $1.2M | 0.8% | 8,930 | -0.1% | |||
| 44 | $BA | BOEING CO | Industrials | $1.1M | 0.7% | 6,063 | -5% | |||
| 45 | $ITW | ILLINOIS TOOL WORKS INC | Industrials | $1.1M | 0.7% | 4,352 | — | |||
| 46 | $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Technology | $1.1M | 0.7% | 7,362 | New | |||
| 47 | $WELL | WELLTOWER INC. | Real Estate | $1.1M | 0.7% | 4,649 | — | |||
| 48 | — | Schwab US Dividend Equity ETF - COM | — | $1.1M | 0.7% | 33K | +7% | |||
| 49 | $CVX | CHEVRON CORP | Energy | $1.0M | 0.7% | 5,074 | +17% | |||
| 50 | $CPAY | CORPAY, INC. | Financials | $1.0M | 0.7% | 2,585 | -7% | |||
| 51 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $1.0M | 0.7% | 3,531 | -3% | |||
| 52 | $SYY | SYSCO CORP | Consumer Discretionary | $995K | 0.6% | 13K | — | |||
| 53 | $PEP | PEPSICO INC | Consumer Staples | $993K | 0.6% | 7,837 | +8% | |||
| 54 | $WAT | WATERS CORP /DE/ | Healthcare | $983K | 0.6% | 2,237 | -6% | |||
| 55 | $GS | GOLDMAN SACHS GROUP INC | Financials | $972K | 0.6% | 1,080 | -5% | |||
| 56 | $VRT | Vertiv Holdings Co | Technology | $911K | 0.6% | 3,776 | -4% | |||
| 57 | $GOOG | Alphabet Inc. | Technology | $908K | 0.6% | 2,665 | — | |||
| 58 | $TRV | TRAVELERS COMPANIES, INC. | Financials | $908K | 0.6% | 2,548 | -10% | |||
| 59 | $KO | COCA COLA CO | Consumer Staples | $888K | 0.6% | 10K | — | |||
| 60 | $PLD | Prologis, Inc. | Real Estate | $865K | 0.6% | 6,665 | — | |||
| 61 | $BX | Blackstone Inc. | Financials | $865K | 0.6% | 7,721 | -5% | |||
| 62 | $HON | HONEYWELL INTERNATIONAL INC | Industrials | $801K | 0.5% | 3,799 | +94% | |||
| 63 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $772K | 0.5% | 3,511 | +3% | |||
| 64 | $GLDM | World Gold Trust | Financials | $752K | 0.5% | 9,151 | +3% | |||
| 65 | — | Schwab US Broad Market ETF - COM | — | $717K | 0.5% | 24K | +20% | |||
| 66 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $653K | 0.4% | 12K | — | |||
| 67 | — | iShares Residential & Multi ETF - COM | — | $610K | 0.4% | 6,905 | — | |||
| 68 | $AMT | AMERICAN TOWER CORP /MA/ | Real Estate | $573K | 0.4% | 3,502 | -2% | |||
| 69 | $EQIX | EQUINIX INC | Real Estate | $555K | 0.4% | 549 | — | |||
| 70 | $CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CORP | Technology | $509K | 0.3% | 8,861 | -7% | |||
| 71 | $VIK | Viking Holdings Ltd | Industrials | $508K | 0.3% | 6,482 | New | |||
| 72 | $SPG | SIMON PROPERTY GROUP INC. | Real Estate | $499K | 0.3% | 2,487 | — | |||
| 73 | $DLR | DIGITAL REALTY TRUST, INC. | Real Estate | $471K | 0.3% | 2,685 | — | |||
| 74 | — | Schwab 1 5 Year Corp Bond ETF - COM | — | $469K | 0.3% | 19K | -0.7% | |||
| 75 | $TT | Trane Technologies plc | Technology | $450K | 0.3% | 995 | New | |||
| 76 | — | Schwab US REIT ETF - COM | — | $393K | 0.3% | 18K | -0.2% | |||
| 77 | — | Schwab US Aggregate Bond ETF - COM | — | $385K | 0.3% | 17K | -0.5% | |||
| 78 | $O | REALTY INCOME CORP | Real Estate | $381K | 0.3% | 7,013 | — | |||
| 79 | $RDDT | Reddit, Inc. | Technology | $363K | 0.2% | 2,547 | New | |||
| 80 | $LLY | ELI LILLY & Co | Healthcare | $353K | 0.2% | 305 | — | |||
| 81 | $PSA | Public Storage | Real Estate | $349K | 0.2% | 1,234 | — | |||
| 82 | — | Schwab Int-Term US Treasury ETF - COM | — | $334K | 0.2% | 14K | -0.9% | |||
| 83 | $SPY | SPDR S&P 500 ETF TRUST | — | $331K | 0.2% | 434 | — | |||
| 84 | $ECHO | EchoStar CORP | Communication Services | $289K | 0.2% | 3,235 | -8% | |||
| 85 | — | Vanguard Total International Bond ETF - COM | — | $242K | 0.2% | 5,165 | — | |||
| 86 | $IVZ | Invesco Ltd. | Financials | $230K | 0.1% | 10K | — | |||
| 87 | $MSGS | Madison Square Garden Sports Corp. | Communication Services | $219K | 0.1% | 540 | New | |||
| 88 | — | VanEck Vectors Gold Miners ETF - COM | — | $211K | 0.1% | 2,405 | New |
What changed in Q3 2026
Against the previous quarter's 13F: 6 new, 9 added to, 52 trimmed, 2 sold out. Share-count changes; largest moves by dollar size first.
New positions (6)
$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$1.1Mfirst bought this quarter
$VIKViking Holdings Ltd$508K
first bought this quarter
$TTTrane Technologies plc$450K
first bought this quarter
$RDDTReddit, Inc.$363K
first bought this quarter
$MSGSMadison Square Garden Sports Corp.$219K
first bought this quarter
- VanEck Vectors Gold Miners ETF - COM$211K
first bought this quarter
Added to (9)
$CRWDCrowdStrike Holdings, Inc.+197%
now $1.7M · held 9 qtrs
$HONHONEYWELL INTERNATIONAL INC+94%
now $801K · held 11+ qtrs
$CVXCHEVRON CORP+17%
now $1.0M · held 11+ qtrs, 3 adds in a row
- Schwab US Broad Market ETF - COM+20%
now $717K
$PEPPEPSICO INC+8%
now $993K · held 11+ qtrs, 2 adds in a row
- Schwab US Dividend Equity ETF - COM+7%
now $1.1M
+3 more in the Excel export
Trimmed (52)
now $13.7M · held 11+ qtrs, 2 trims in a row
now $4.1M · held 11+ qtrs
now $11.3M · held 11+ qtrs
now $10.3M · held 11+ qtrs
$MRKMerck & Co., Inc.-14%
now $1.2M · held 11+ qtrs
now $6.9M · held 11+ qtrs, 2 trims in a row
+46 more in the Excel export
Holdings by quarter
Every 13F LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow LEDERER & ASSOCIATES INVESTMENT COUNSEL?
Q3 2026 13F filed with the SEC on Oct 23, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of LEDERER & ASSOCIATES INVESTMENT COUNSEL's top 20 holdings: 76/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
+0.4%
Value-weighted move of the 10 largest stock positions
Turnover
2%
Last quarter; 11% over the last 4
Top 10 weight
42%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
95%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA disclosed 88 positions worth $155.1M in its Form 13F-HR for Q3 2026, led by $AAPL (Apple Inc.) at 8.8% of the equity portfolio, followed by $MSFT and $NVDA. During the quarter the fund opened 6 new positions and exited 2 — including a new stake in $SPCX and a full exit from $FICO. The portfolio is most concentrated in Technology (42.1% of disclosed assets). All figures are sourced directly from LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA’s Form 13F-HR filing with the SEC under CIK 1089707.
Funds like this
managers whose biggest positions overlap LEDERER & ASSOCIATES INVESTMENT COUNSEL'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA
13F Pro is an AI hedge fund tracker and stock research platform. For LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA (SEC CIK: 1089707), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.