SEC 13F Intelligence

Managers / Q4 2023 · view latest →

DELPHI MANAGEMENT INC /MA/

CIK 0000767684 · 9 SEARS RD, BROOKLINE, MA, 02445 · 6177389424

Reported Value
$98M
Q4 2023
Positions
81
Filings on Record
21
2019–present window
Filed
Jan 25, 2024
original filing

Summary

Delphi Management Inc /Ma/ reported $98M in U.S.-listed holdings across 81 positions for Q4 2023.

Its largest position, BRK/B, represents 2.7% of the portfolio.

Compared with Q2 2023, the fund opened 11 new positions and exited 13.

Portfolio Metrics

Turnover
+16.9%
vs prior filed quarter
Top-10 Concentration
+17.2%
share of reported value
Largest Position
+2.7%
Berkshire Hathaway
New / Exited
11 / 13
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $110MQ4 ’18Q1 ’19: $108MQ2 ’19: $111MQ3 ’19: $103MQ3 ’19Q1 ’21: $94MQ2 ’21: $105MQ3 ’21: $97MQ3 ’21Q4 ’21: $106MQ2 ’23: $96MQ4 ’23: $98MQ4 ’23Q1 ’24: $129MQ2 ’24: $123MQ4 ’24: $103MQ4 ’24Q1 ’25: $98MQ2 ’25: $103MQ3 ’25: $108MQ3 ’25Q4 ’25: $103MQ1 ’26: $84Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.1%REIT: 4.0%Other: 2.6%ADR: 1.4%MLP: 0.9%
  • Common Stock · 91.1% · $89M
  • REIT · 4.0% · $4M
  • Other · 2.6% · $3M
  • ADR · 1.4% · $1M
  • MLP · 0.9% · $850,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
BATRKLIBERTY BRAVES GROUP CL CNEW+39.1K39.1K+$1M$1M
EGEVEREST GROUP LTDNEW+3.7K3.7K+$1M$1M
EXPEEXPEDIA GROUP INCNEW+13.4K13.4K+$1M$1M
LDOSLEIDOS HOLDINGS INCNEW+13.9K13.9K+$1M$1M
AXPAMERICAN EXPRESSNEW+8.5K8.5K+$1M$1M
CSLCARLISLE COS INCNEW+4.7K4.7K+$1M$1M
DARDARLING INGREDIENTSNEW+20.3K20.3K+$1M$1M
TOLTOLL BROTHERS INC COMNEW+13.7K13.7K+$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

81 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →CL B2.73%$3M7.6K
2AAPLAPPLEhistory →COM2.30%$2M13.1K
3JBLJABIL CIRCUIT INC.history →COM1.76%$2M13.5K
4ITRNITURAN LOCATION AND CONTROL LTD.history →SHS1.56%$2M51.1K
5FANGDIAMONDBACK ENERGYhistory →COM1.50%$1M9.4K
6DOXAMDOCS LTD.history →SHS1.48%$1M17.1K
7IRMIRON MOUNTAIN INChistory →COM1.47%$1M24.1K
8ARCCARES CAPITAL CORPORATIONhistory →COM1.47%$1M73.6K
9STRLSTERLING INFRASTRUCTUREhistory →COM1.46%$1M19.4K
10HTGCHERCULES CAPITAL INChistory →COM1.46%$1M86.8K
11CBCHUBB LIMITEDhistory →COM1.46%$1M6.8K
12CSCOCISCO SYS INC COMhistory →COM1.44%$1M26.2K
13BATRKLIBERTY BRAVES GROUP CL Chistory →COM1.43%$1M39.1K
14EGEVEREST GROUP LTDhistory →COM1.43%$1M3.7K
15TXTTEXTRON INC.history →COM1.42%$1M17.8K
16WRBBERKLEY W R CORPhistory →COM1.42%$1M21.8K
17WRBBERKLEY WRhistory →COM1.42%$1M21.8K
18EXPEEXPEDIA GROUP INChistory →COM1.42%$1M13.4K
19NXSTNEXSTAR MEDIAhistory →COM1.41%$1M9.6K
20FLEX LTDORD1.40%$1M50.7K
21NVSNOVARTIShistory →ADR1.39%$1M13.4K
22BXSLBLACKSTONE SECD LENDING FDhistory →COM1.38%$1M49.3K
23CMCSACOMCAST CL Ahistory →CL A1.38%$1M30.4K
24DOVDOVER CORPhistory →COM1.38%$1M9.7K
25RRCRANGE RESOURCES CORPhistory →COM1.38%$1M41.5K
26AXSAXIS CAPITAL HOLDINGS LTDhistory →SHS1.38%$1M23.8K
27RLRALPH LAUREN CORPhistory →CL A1.36%$1M11.4K
28TECKTECK RESOURCES LTD CL Bhistory →CL B1.36%$1M30.8K
29STAGSTAG INDUSTRIALhistory →COM1.36%$1M38.4K
30SNXTD SYNNEX CORPhistory →COM1.36%$1M13.3K
31JAZZJAZZ PHARMACEUTICALShistory →SHS1.35%$1M10.2K
32FISVFISERV INC.history →COM1.34%$1M11.6K
33COKECOCA COLA BOTTLNG CONS COMhistory →COM1.33%$1M2.0K
34LDOSLEIDOS HOLDINGS INChistory →COM1.32%$1M13.9K
35SANMSANMINA CORPhistory →COM1.31%$1M23.5K
36AGCOAGCO CORPhistory →COM1.31%$1M10.8K
37AXPAMERICAN EXPRESShistory →COM1.30%$1M8.5K
38SNASNAP-ON INChistory →COM1.30%$1M5.0K
39LKQLKQ CORPhistory →COM1.30%$1M25.6K
40JPMJP MORGAN CHASE AND COhistory →COM1.30%$1M8.7K
41LAM RESEARCH CORPCOM1.29%$1M2.0K
42KLACKLA CORP COMhistory →COM1.29%$1M2.7K
43DVNDEVON ENERGY CORP COMhistory →COM1.28%$1M26.3K
44EXPEAGLE MATERIALS INChistory →ORD1.28%$1M7.5K
45EOGEOG RESOURCEShistory →COM1.28%$1M9.8K
46ARWARROW ELECTRS INC COMhistory →COM1.27%$1M9.9K
47ORCLORACLEhistory →COM1.26%$1M11.6K
48GSGOLDMAN SACHShistory →COM1.26%$1M3.8K
49LENLENNAR CORP CL Ahistory →CL A1.25%$1M10.9K
50CSLCARLISLE COS INChistory →COM1.25%$1M4.7K
51NSITINSIGHT ENTERPRISEShistory →COM1.23%$1M8.3K
52AMATAPPLIED MATLS INC COMhistory →COM1.23%$1M8.7K
53SFSTIFEL FINANCIALhistory →COM1.23%$1M19.6K
54DHID R HORTON INC COMhistory →COM1.22%$1M11.1K
55PERION NETWORK LTDSHS1.22%$1M38.9K
56MSMORGAN STANLEYhistory →COM1.22%$1M14.6K
57GHCGRAHAM HOLDINGS LTDhistory →CL B1.21%$1M2.0K
58ABBVABBVIE INChistory →COM1.21%$1M7.9K
59HALHALLIBURTON CO COMhistory →COM1.18%$1M28.5K
60TPRTAPESTRY INChistory →COM1.18%$1M40.0K
61AVBAVALONBAY COMMUNITIES, INC.history →COM1.16%$1M6.6K
62STSENSATA TECHNOLOGYhistory →SHS1.14%$1M29.5K
63CAKECHEESECAKE FACTORY INChistory →COM1.11%$1M35.8K
64DARDARLING INGREDIENTShistory →COM1.08%$1M20.3K
65CMCCOMMERCIAL METALS COhistory →COM1.06%$1M20.9K
66TOLTOLL BROTHERS INC COMhistory →COM1.03%$1M13.7K
67WTFCWINTRUST FINANCIAL CORPhistory →COM1.03%$1M13.4K
68SCHWSCHWAB CHARLES CORPCOM0.95%$925,00016.8K
69ELVELEVANCE HEALTH INCCOM0.94%$914,0002.1K
70ALBALBEMARLECOM0.91%$885,0005.2K
71WLKPWESTLAKE CHEMICAL PARTNERS LPCOM0.87%$850,00039.1K
72WBSWEBSTER FINL CORP CONN COMCOM0.85%$832,00020.6K
73AZOAUTOZONE INCCOM0.82%$803,000316
74OSKOSHKOSH CORPCOM0.70%$687,0007.2K
75MOSMOSAIC COCOM0.65%$636,00017.9K
76OXMOXFORD INDUSTRIES INCCOM0.53%$519,0005.4K
77MODMODINE MFG COCOM0.53%$518,00011.3K
78GBDCGOLUB CAPITAL BDCCOM0.44%$425,00029.0K
79IIININSTEEL INDUSTRIES INC.COM0.39%$380,00011.7K
80AVNWAVIAT NETWORKSCOM0.34%$336,00010.8K
81BOOMDMC GLOBALADR0.27%$267,00010.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$84M79Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$103M76Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$108M81Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$103M80Jul 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$98M78Apr 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$103M79Feb 10, 202513F-HRchanges · EDGAR ↗
Q2 2024$123M80Aug 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$129M84May 21, 202413F-HRchanges · EDGAR ↗
Q4 2023$98M81Jan 25, 202413F-HRchanges · EDGAR ↗
Q2 2023$96M82Aug 28, 202313F-HRchanges · EDGAR ↗
Q4 2021$106M95Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$97M103Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$105M105Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$94M87May 14, 202113F-HRchanges · EDGAR ↗
Q3 2019$103M92Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$111M93Aug 20, 201913F-HRchanges · EDGAR ↗
Q1 2019$108M92May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$110M86Feb 22, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.