SEC 13F Intelligence

Managers / Q2 2026

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

CIK 0001089707 · 5305 EAST 2ND STREET, STE 201, LONG BEACH, CA, 90803 · 5624345305

Reported Value
$152M
Q2 2026
Positions
84
Filings on Record
32
2019–present window
Filed
Jul 10, 2026
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $152M in U.S.-listed holdings across 84 positions for Q2 2026.

Its largest position, AAPL, represents 8.7% of the portfolio.

Compared with Q1 2026, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+5.8%
vs prior filed quarter
Top-10 Concentration
+39.8%
share of reported value
Largest Position
+8.7%
Apple
New / Exited
6 / 5
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: $94MQ4 ’18Q1 ’19: $107MQ2 ’19: $109MQ3 ’19: $105MQ4 ’19: $115MQ4 ’19Q1 ’20: $88MQ2 ’20: $107MQ4 ’20: $130MQ1 ’21: $142MQ1 ’21Q2 ’21: $150MQ3 ’21: $155MQ4 ’21: $172MQ1 ’22: $163MQ1 ’22Q2 ’22: $130MQ3 ’22: $118MQ4 ’22: $122MQ1 ’23: $130MQ1 ’23Q2 ’23: $133MQ3 ’23: $126MQ4 ’23: $135MQ1 ’24: $144MQ1 ’24Q2 ’24: $138MQ3 ’24: $142MQ4 ’24: $143MQ1 ’25: $137MQ1 ’25Q2 ’25: $151MQ3 ’25: $154MQ4 ’25: $149MQ1 ’26: $141MQ1 ’26Q2 ’26: $152Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.1%ETP: 8.6%REIT: 3.3%
  • Common Stock · 88.1% · $134M
  • ETP · 8.6% · $13M
  • REIT · 3.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2026 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XOMExxon Mobil CorpNEW+14.9K14.9K+$2M$2M
MCDMcDonald s CorpNEW+6.1K6.1K+$2M$2M
SCHWCharles Schwab CorpNEW+17.6K17.6K+$2M$2M
GLDMSPDR Gold MiniSharesNEW+8.9K8.9K+$705,000$705,000
HONHoneywell International IncNEW+2.0K2.0K+$439,000$439,000
HONAHoneywell Aerospace Inc.NEW+2.0K2.0K+$432,000$432,000
EXMOCExxon Mobil CorpSOLD OUT−15.1K0−$3M$0
DALDelta Air Lines IncSOLD OUT−22.7K0−$2M$0

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

Holdings — Q2 2026

84 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM8.71%$13M45.7K
2NVDANVIDIA Corphistory →COM6.11%$9M46.4K
3MSFTMicrosoft Corphistory →COM5.59%$8M22.8K
4GOOGLAlphabet Inc Ahistory →COM4.82%$7M20.5K
5AMZNAmazon.com Inchistory →COM3.36%$5M21.4K
6AVGOBroadcom Inc Comhistory →COM2.80%$4M11.3K
7METAMeta Platformshistory →COM2.33%$4M6.3K
8VVisa Inc Class Ahistory →COM2.15%$3M9.5K
9CSCOCisco Systems Inchistory →COM2.00%$3M25.8K
10JPMJPMorgan Chase & Cohistory →COM1.92%$3M8.9K
11BRK/BBerkshire Hathaway Inc Bhistory →COM1.90%$3M5.8K
12JNJJohnson & Johnsonhistory →COM1.87%$3M11.2K
13ABBVAbbVie Inchistory →COM1.75%$3M10.6K
14ADPAutomatic Data Processing Inchistory →COM1.70%$3M11.5K
15GLWCorning Inchistory →COM1.69%$3M10.1K
16BLKBlackRock Inchistory →COM1.66%$3M2.6K
17CBChubb Ltdhistory →COM1.65%$3M7.4K
18GLDSPDR Gold Shareshistory →COM1.58%$2M6.5K
19NEENextEra Energy Inchistory →COM1.55%$2M26.9K
20LINLinde plchistory →COM1.46%$2M4.3K
21SCHVSchwab US Large-Cap Value ETFhistory →COM1.38%$2M60.2K
22XOMExxon Mobil Corphistory →COM1.34%$2M14.9K
23WMWaste Management Inchistory →COM1.33%$2M9.1K
24COSTCostco Wholesale Corphistory →COM1.30%$2M2.1K
25AMGNAmgen Inchistory →COM1.26%$2M5.3K
26UNPUnion Pacific Corphistory →COM1.21%$2M6.8K
27SCHGSchwab US Large-Cap Growth ETFhistory →COM1.13%$2M50.7K
28SYKStryker Corphistory →COM1.12%$2M5.4K
29SPGIS&P Global Inchistory →COM1.12%$2M4.2K
30MLMMartin Marietta Materials Inchistory →COM1.11%$2M2.9K
31CRWDCrowdStrike Holdings Inchistory →COM1.09%$2M2.2K
32MCDMcDonald s Corphistory →COM1.09%$2M6.1K
33SCHWCharles Schwab Corphistory →COM1.07%$2M17.6K
34SCHPSchwab US TIPS ETFCOM1.00%$2M57.1K
35UBERUber Technologies IncCOM0.94%$1M19.7K
36BABoeing CoCOM0.91%$1M6.4K
37PGProcter & Gamble CoCOM0.88%$1M9.1K
38NFLXNetflix IncCOM0.88%$1M18.8K
39VRTVertiv Holdings CoCOM0.87%$1M3.9K
40ABNBAirbnb IncCOM0.86%$1M9.2K
41SBUXStarbucks CorpCOM0.85%$1M12.7K
42HDThe Home Depot IncCOM0.85%$1M3.7K
43MRKMerck & Co IncCOM0.81%$1M9.6K
44CMECME Group Inc Class ACOM0.79%$1M5.4K
45ITWIllinois Tool Works IncCOM0.77%$1M4.4K
46AWKAmerican Water Works Co IncCOM0.77%$1M8.9K
47GSGoldman Sachs Group IncCOM0.76%$1M1.1K
48MDTMedtronic PLCCOM0.71%$1M13.8K
49SYYSysco CorpCOM0.70%$1M12.8K
50WELLWelltower Inc ComCOM0.69%$1M4.6K
51PEPPepsiCo IncCOM0.65%$986,0007.3K
52SCHDSchwab US Dividend Equity ETFCOM0.64%$972,00030.7K
53IBMInternational Business MachinesCOM0.63%$958,0003.4K
54BXBlackstone IncCOM0.63%$957,0008.1K
55GOOGAlphabet Inc CCOM0.62%$942,0002.7K
56TRVThe Travelers Companies IncCOM0.62%$940,0002.8K
57CPAYCorpay IncCOM0.61%$921,0002.8K
58PLDPrologis IncCOM0.59%$903,0006.7K
59WATWaters CorpCOM0.59%$891,0002.4K
60KOCoca-Cola CoCOM0.55%$838,00010.3K
61FICOFair Isaac CorpCOM0.54%$827,000692
62CVXChevron CorpCOM0.47%$720,0004.3K
63GLDMSPDR Gold MiniSharesCOM0.46%$705,0008.9K
64BACBank of America CorporationCOM0.45%$684,00012.0K
65REZiShares Residential & Multi ETFCOM0.43%$654,0006.9K
66SCHBSchwab US Broad Market ETFCOM0.39%$593,00020.5K
67AMTAmerican Tower CorpCOM0.39%$585,0003.6K
68EQIXEquinix IncCOM0.38%$572,000549
69SPGSimon Property Group IncCOM0.37%$556,0002.5K
70SCHJSchwab 1 5 Year Corp Bond ETFCOM0.32%$483,00019.6K
71DLRDigital Realty Trust IncCOM0.32%$482,0002.7K
72HONHoneywell International IncCOM0.29%$439,0002.0K
73ORealty Income CorpCOM0.29%$435,0007.0K
74HONAHoneywell Aerospace Inc.COM0.28%$432,0002.0K
75SCHHSchwab US REIT ETFCOM0.28%$423,00017.9K
76SCHZSchwab US Aggregate Bond ETFCOM0.27%$405,00017.5K
77PSAPublic StorageCOM0.26%$393,0001.2K
78CTSHCognizant Technology SolutionsCOM0.24%$367,0009.5K
79LLYEli Lilly and CoCOM0.24%$366,000305
80ECHOEchoStar CorpCOM0.23%$356,0003.5K
81SCHRSchwab Int-Term US Treasury ETFCOM0.23%$351,00014.2K
82SPYSPDR S&P 500 ETFCOM0.21%$324,000434
83BNDXVanguard Total International Bond ETFCOM0.16%$250,0005.2K
84PICBInvesco International Corporate Bond ETFCOM0.16%$239,00010.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$152M84Jul 10, 202613F-HRchanges · EDGAR ↗
Q1 2026$141M83Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$149M83Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$154M85Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$151M83Jul 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$137M81Apr 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$143M85Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$142M84Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$138M84Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$144M89Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$135M87Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$126M86Oct 23, 202313F-HRchanges · EDGAR ↗
Q2 2023$133M85Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$130M88Apr 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$122M87Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$118M87Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$130M88Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$163M90May 24, 202213F-HRchanges · EDGAR ↗
Q4 2021$172M88Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$155M86Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$150M85Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$142M154Apr 19, 202113F-HRchanges · EDGAR ↗
Q4 2020$130M87Jan 25, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2020$107M78Jul 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$88M79Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$115M88Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$105M89Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$109M88Jul 19, 201913F-HRchanges · EDGAR ↗
Q1 2019$107M88Apr 12, 201913F-HRchanges · EDGAR ↗
Q4 2018$94M85Jan 25, 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 ↗.