LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA
CIK 0001089707
Annualised vol
15.801868%
Beta
0.788891
HHI
269.879651
Top-10 weight
39.779617%
VaR 95%
1.45924%
VaR 99%
2.82255%
Max drawdown
26.419905%
Matched value
84.834482%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| AAPL | REDUCED | 45,733 | 48,222 | -5.16% | 13,233 |
| NVDA | REDUCED | 46,357 | 46,436 | -0.17% | 9,276 |
| MSFT | ADDED | 22,759 | 22,570 | 0.84% | 8,490 |
| GOOGL | REDUCED | 23,170 | 24,035 | -3.6% | 8,270 |
| AMZN | REDUCED | 21,397 | 21,465 | -0.32% | 5,100 |
| AVGO | REDUCED | 11,264 | 11,547 | -2.45% | 4,255 |
| META | ADDED | 6,276 | 6,003 | 4.55% | 3,535 |
| V | ADDED | 9,527 | 9,524 | 0.03% | 3,269 |
| CSCO | REDUCED | 25,825 | 26,240 | -1.58% | 3,033 |
| JPM | REDUCED | 8,899 | 9,067 | -1.85% | 2,913 |
| BRK-B | ADDED | 5,765 | 5,735 | 0.52% | 2,885 |
| JNJ | REDUCED | 11,162 | 11,359 | -1.73% | 2,835 |
| ABBV | REDUCED | 10,585 | 10,808 | -2.06% | 2,664 |
| ADP | ADDED | 11,501 | 10,587 | 8.63% | 2,576 |
| BLK | REDUCED | 2,625 | 2,673 | -1.8% | 2,524 |
| CB | REDUCED | 7,367 | 7,508 | -1.88% | 2,510 |
| GLD | UNCHANGED | 6,523 | 6,523 | 0.0% | 2,403 |
| NEE | REDUCED | 26,907 | 27,277 | -1.36% | 2,362 |
| LIN | REDUCED | 4,285 | 4,350 | -1.49% | 2,224 |
| WM | REDUCED | 9,084 | 9,206 | -1.33% | 2,025 |
| COST | REDUCED | 2,106 | 2,110 | -0.19% | 1,970 |
| AMGN | REDUCED | 5,291 | 5,899 | -10.31% | 1,916 |
| UNP | REDUCED | 6,763 | 6,866 | -1.5% | 1,840 |
| SYK | ADDED | 5,398 | 4,956 | 8.92% | 1,700 |
| SPGI | ADDED | 4,173 | 4,165 | 0.19% | 1,699 |
| MLM | REDUCED | 2,930 | 2,931 | -0.03% | 1,690 |
| CRWD | REDUCED | 2,176 | 2,745 | -20.73% | 1,661 |
| UBER | ADDED | 19,730 | 17,194 | 14.75% | 1,424 |
| BA | REDUCED | 6,408 | 6,591 | -2.78% | 1,387 |
| PG | REDUCED | 9,142 | 9,162 | -0.22% | 1,341 |
| NFLX | REDUCED | 18,765 | 18,795 | -0.16% | 1,340 |
| VRT | REDUCED | 3,937 | 4,624 | -14.86% | 1,318 |
| ABNB | UNCHANGED | 9,166 | 9,166 | 0.0% | 1,312 |
| SBUX | REDUCED | 12,672 | 13,002 | -2.54% | 1,295 |
| MRK | ADDED | 9,603 | 9,519 | 0.88% | 1,234 |
| CME | ADDED | 5,424 | 4,797 | 13.07% | 1,198 |
| ITW | REDUCED | 4,352 | 4,452 | -2.25% | 1,177 |
| AWK | REDUCED | 8,935 | 9,085 | -1.65% | 1,176 |
| GS | ADDED | 1,135 | 1,128 | 0.62% | 1,148 |
| MDT | REDUCED | 13,833 | 14,099 | -1.89% | 1,082 |
| SYY | REDUCED | 12,766 | 13,044 | -2.13% | 1,067 |
| WELL | UNCHANGED | 4,649 | 4,649 | 0.0% | 1,055 |
| PEP | ADDED | 7,282 | 5,670 | 28.43% | 986 |
| IBM | ADDED | 3,406 | 2,533 | 34.47% | 958 |
| BX | UNCHANGED | 8,135 | 8,135 | 0.0% | 957 |
| CPAY | UNCHANGED | 2,765 | 2,765 | 0.0% | 921 |
| PLD | UNCHANGED | 6,665 | 6,665 | 0.0% | 903 |
| KO | UNCHANGED | 10,317 | 10,317 | 0.0% | 838 |
| FICO | UNCHANGED | 692 | 692 | 0.0% | 827 |
| CVX | ADDED | 4,344 | 4,255 | 2.09% | 720 |
| EQIX | UNCHANGED | 549 | 549 | 0.0% | 572 |
| SPG | UNCHANGED | 2,487 | 2,487 | 0.0% | 556 |
| DLR | UNCHANGED | 2,685 | 2,685 | 0.0% | 482 |
| HON | REDUCED | 1,960 | 3,868 | -49.33% | 439 |
| O | UNCHANGED | 7,013 | 7,013 | 0.0% | 435 |
| HONA | NEW | 1,956 | - | - | 432 |
| PSA | UNCHANGED | 1,234 | 1,234 | 0.0% | 393 |
| CTSH | UNCHANGED | 9,483 | 9,483 | 0.0% | 367 |
| ECHO | UNCHANGED | 3,510 | 3,510 | 0.0% | 356 |
| SPY | UNCHANGED | 434 | 434 | 0.0% | 324 |
| DAL | CLOSED OUT | 0 | 22,678 | -100.0% | 0 |
| OTIS | CLOSED OUT | 0 | 10,167 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| AAPL | REDUCED | Apple Inc | COM | 037833100 | 13,233 | 8.71 | 45733.0 |
| NVDA | REDUCED | NVIDIA Corp | COM | 67066G104 | 9,276 | 6.11 | 46357.0 |
| MSFT | ADDED | Microsoft Corp | COM | 594918104 | 8,490 | 5.59 | 22759.0 |
| GOOGL | REDUCED | Alphabet Inc A | COM | 02079K305 | 7,328 | 4.82 | 20505.0 |
| AMZN | REDUCED | Amazon.com Inc | COM | 023135106 | 5,100 | 3.36 | 21397.0 |
| AVGO | REDUCED | Broadcom Inc Com | COM | 11135F101 | 4,255 | 2.8 | 11264.0 |
| META | ADDED | Meta Platforms | COM | 30303M102 | 3,535 | 2.33 | 6276.0 |
| V | ADDED | Visa Inc Class A | COM | 92826C839 | 3,269 | 2.15 | 9527.0 |
| CSCO | REDUCED | Cisco Systems Inc | COM | 17275R102 | 3,033 | 2.0 | 25825.0 |
| JPM | REDUCED | JPMorgan Chase & Co | COM | 46625H100 | 2,913 | 1.92 | 8899.0 |
| BRK-B | ADDED | Berkshire Hathaway Inc B | COM | 084670702 | 2,885 | 1.9 | 5765.0 |
| JNJ | REDUCED | Johnson & Johnson | COM | 478160104 | 2,835 | 1.87 | 11162.0 |
| ABBV | REDUCED | AbbVie Inc | COM | 00287Y109 | 2,664 | 1.75 | 10585.0 |
| ADP | ADDED | Automatic Data Processing Inc | COM | 053015103 | 2,576 | 1.7 | 11501.0 |
| - | Corning Inc | COM | 219350105 | 2,569 | 1.69 | 10058.0 | |
| BLK | REDUCED | BlackRock Inc | COM | 09290D101 | 2,524 | 1.66 | 2625.0 |
| CB | REDUCED | Chubb Ltd | COM | H1467J104 | 2,510 | 1.65 | 7367.0 |
| GLD | UNCHANGED | SPDR Gold Shares | COM | 78463V107 | 2,403 | 1.58 | 6523.0 |
| NEE | REDUCED | NextEra Energy Inc | COM | 65339F101 | 2,362 | 1.55 | 26907.0 |
| LIN | REDUCED | Linde plc | COM | G54950103 | 2,224 | 1.46 | 4285.0 |
| - | Schwab US Large-Cap Value ETF | COM | 808524409 | 2,097 | 1.38 | 60241.0 | |
| - | Exxon Mobil Corp | COM | 30233Q108 | 2,034 | 1.34 | 14880.0 | |
| WM | REDUCED | Waste Management Inc | COM | 94106L109 | 2,025 | 1.33 | 9084.0 |
| COST | REDUCED | Costco Wholesale Corp | COM | 22160K105 | 1,970 | 1.3 | 2106.0 |
| AMGN | REDUCED | Amgen Inc | COM | 031162100 | 1,916 | 1.26 | 5291.0 |
| UNP | REDUCED | Union Pacific Corp | COM | 907818108 | 1,840 | 1.21 | 6763.0 |
| - | Schwab US Large-Cap Growth ETF | COM | 808524300 | 1,715 | 1.13 | 50678.0 | |
| SYK | ADDED | Stryker Corp | COM | 863667101 | 1,700 | 1.12 | 5398.0 |
| SPGI | ADDED | S&P Global Inc | COM | 78409V104 | 1,699 | 1.12 | 4173.0 |
| MLM | REDUCED | Martin Marietta Materials Inc | COM | 573284106 | 1,690 | 1.11 | 2930.0 |
| CRWD | REDUCED | CrowdStrike Holdings Inc | COM | 22788C105 | 1,661 | 1.09 | 2176.0 |
| - | McDonald s Corp | COM | 580135101 | 1,656 | 1.09 | 6128.0 | |
| - | Charles Schwab Corp | COM | 808513105 | 1,624 | 1.07 | 17601.0 | |
| - | Schwab US TIPS ETF | COM | 808524870 | 1,514 | 1.0 | 57130.0 | |
| UBER | ADDED | Uber Technologies Inc | COM | 90353T100 | 1,424 | 0.94 | 19730.0 |
| BA | REDUCED | Boeing Co | COM | 097023105 | 1,387 | 0.91 | 6408.0 |
| PG | REDUCED | Procter & Gamble Co | COM | 742718109 | 1,341 | 0.88 | 9142.0 |
| NFLX | REDUCED | Netflix Inc | COM | 64110L106 | 1,340 | 0.88 | 18765.0 |
| VRT | REDUCED | Vertiv Holdings Co | COM | 92537N108 | 1,318 | 0.87 | 3937.0 |
| ABNB | UNCHANGED | Airbnb Inc | COM | 009066101 | 1,312 | 0.86 | 9166.0 |
| SBUX | REDUCED | Starbucks Corp | COM | 855244109 | 1,295 | 0.85 | 12672.0 |
| - | The Home Depot Inc | COM | 437076102 | 1,289 | 0.85 | 3656.0 | |
| MRK | ADDED | Merck & Co Inc | COM | 58933Y105 | 1,234 | 0.81 | 9603.0 |
| CME | ADDED | CME Group Inc Class A | COM | 12572Q105 | 1,198 | 0.79 | 5424.0 |
| ITW | REDUCED | Illinois Tool Works Inc | COM | 452308109 | 1,177 | 0.77 | 4352.0 |
| AWK | REDUCED | American Water Works Co Inc | COM | 030420103 | 1,176 | 0.77 | 8935.0 |
| GS | ADDED | Goldman Sachs Group Inc | COM | 38141G104 | 1,148 | 0.76 | 1135.0 |
| MDT | REDUCED | Medtronic PLC | COM | G5960L103 | 1,082 | 0.71 | 13833.0 |
| SYY | REDUCED | Sysco Corp | COM | 871829107 | 1,067 | 0.7 | 12766.0 |
| WELL | UNCHANGED | Welltower Inc Com | COM | 95040Q104 | 1,055 | 0.69 | 4649.0 |
| PEP | ADDED | PepsiCo Inc | COM | 713448108 | 986 | 0.65 | 7282.0 |
| - | Schwab US Dividend Equity ETF | COM | 808524797 | 972 | 0.64 | 30660.0 | |
| IBM | ADDED | International Business Machines | COM | 459200101 | 958 | 0.63 | 3406.0 |
| BX | UNCHANGED | Blackstone Inc | COM | 09260D107 | 957 | 0.63 | 8135.0 |
| GOOGL | REDUCED | Alphabet Inc C | COM | 02079K107 | 942 | 0.62 | 2665.0 |
| - | The Travelers Companies Inc | COM | 89417E109 | 940 | 0.62 | 2846.0 | |
| CPAY | UNCHANGED | Corpay Inc | COM | 219948106 | 921 | 0.61 | 2765.0 |
| PLD | UNCHANGED | Prologis Inc | COM | 74340W103 | 903 | 0.59 | 6665.0 |
| - | Waters Corp | COM | 941848103 | 891 | 0.59 | 2375.0 | |
| KO | UNCHANGED | Coca-Cola Co | COM | 191216100 | 838 | 0.55 | 10317.0 |
| FICO | UNCHANGED | Fair Isaac Corp | COM | 303250104 | 827 | 0.54 | 692.0 |
| CVX | ADDED | Chevron Corp | COM | 166764100 | 720 | 0.47 | 4344.0 |
| - | SPDR Gold MiniShares | COM | 98149E303 | 705 | 0.46 | 8881.0 | |
| - | Bank of America Corporation | COM | 060505104 | 684 | 0.45 | 12000.0 | |
| - | iShares Residential & Multi ETF | COM | 464288562 | 654 | 0.43 | 6905.0 | |
| - | Schwab US Broad Market ETF | COM | 808524102 | 593 | 0.39 | 20474.0 | |
| - | American Tower Corp | COM | 03027X100 | 585 | 0.39 | 3574.0 | |
| EQIX | UNCHANGED | Equinix Inc | COM | 29444U700 | 572 | 0.38 | 549.0 |
| SPG | UNCHANGED | Simon Property Group Inc | COM | 828806109 | 556 | 0.37 | 2487.0 |
| - | Schwab 1 5 Year Corp Bond ETF | COM | 808524714 | 483 | 0.32 | 19604.0 | |
| DLR | UNCHANGED | Digital Realty Trust Inc | COM | 253868103 | 482 | 0.32 | 2685.0 |
| HON | REDUCED | Honeywell International Inc | COM | 438516205 | 439 | 0.29 | 1960.0 |
| O | UNCHANGED | Realty Income Corp | COM | 756109104 | 435 | 0.29 | 7013.0 |
| HONA | NEW | Honeywell Aerospace Inc. | COM | 43849R105 | 432 | 0.28 | 1956.0 |
| - | Schwab US REIT ETF | COM | 808524847 | 423 | 0.28 | 17882.0 | |
| - | Schwab US Aggregate Bond ETF | COM | 808524839 | 405 | 0.27 | 17504.0 | |
| PSA | UNCHANGED | Public Storage | COM | 74460D109 | 393 | 0.26 | 1234.0 |
| CTSH | UNCHANGED | Cognizant Technology Solutions | COM | 192446102 | 367 | 0.24 | 9483.0 |
| - | Eli Lilly and Co | COM | 532457108 | 366 | 0.24 | 305.0 | |
| ECHO | UNCHANGED | EchoStar Corp | COM | 278768106 | 356 | 0.23 | 3510.0 |
| - | Schwab Int-Term US Treasury ETF | COM | 808524854 | 351 | 0.23 | 14225.0 | |
| SPY | UNCHANGED | SPDR S&P 500 ETF | COM | 78462F103 | 324 | 0.21 | 434.0 |
| - | Vanguard Total International Bond ETF | COM | 92203J407 | 250 | 0.16 | 5165.0 | |
| - | Invesco International Corporate Bond ETF | COM | 46138E636 | 239 | 0.16 | 10330.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-10 | 151,917 | 84 | 15.801868 | 0.788891 | 26.419905 |
| 2026-03-31 | 2026-04-24 | 141,186 | 83 | 15.922905 | 0.794516 | 27.236858 |
| 2025-12-31 | 2026-01-26 | 148,981 | 83 | 16.677736 | 0.832535 | 28.116831 |
| 2025-09-30 | 2025-10-24 | 154,046 | 85 | 16.828386 | 0.840629 | 28.366642 |
| 2025-03-31 | 2025-04-02 | 136,590 | 81 | 15.748363 | 0.786408 | 27.604486 |
| 2024-12-31 | 2025-01-24 | 143,242 | 85 | 15.563775 | 0.778929 | 26.35249 |