SEC 13F Intelligence

Managers / Q4 2018 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$94M
Q4 2018
Positions
85
Filings on Record
32
2019–present window
Filed
Jan 25, 2019
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $94M in U.S.-listed holdings across 85 positions for Q4 2018.

Its largest position, AAPL, represents 5.3% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+30.3%
share of reported value
Largest Position
+5.3%
Apple

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: 87.6%REIT: 3.9%ETP: 3.1%Other: 2.7%Closed-End Fund: 1.5%Other: 1.3%
  • Common Stock · 87.6% · $82M
  • REIT · 3.9% · $4M
  • ETP · 3.1% · $3M
  • Other · 2.7% · $2M
  • Closed-End Fund · 1.5% · $1M
  • Other · 1.3% · $1M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
AAPLAPPLE INCNEW+31.7K31.7K+$5M$5M
MSFTMICROSOFT CORPNEW+31.3K31.3K+$3M$3M
JNJJOHNSON& JOHNSONNEW+19.7K19.7K+$3M$3M
DISDISNEY WALT CONEW+23.0K23.0K+$3M$3M
AMGNAMGEN INCNEW+12.8K12.8K+$2M$2M
VVISA INCNEW+18.7K18.7K+$2M$2M
GOOGLALPHABET CLASS ANEW+2.3K2.3K+$2M$2M
METAFACEBOOKNEW+17.3K17.3K+$2M$2M

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

Holdings — Q4 2018

84 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.34%$5M31.7K
2GOOGLALPHABET CLASS ACOM3.72%$3M3.3K
3MSFTMICROSOFT CORPhistory →COM3.40%$3M31.3K
4JNJJOHNSON& JOHNSONhistory →COM2.72%$3M19.7K
5DISDISNEY WALT COhistory →COM2.70%$3M23.0K
6AMGNAMGEN INChistory →COM2.66%$2M12.8K
7VVISA INChistory →COM2.64%$2M18.7K
8METAFACEBOOKhistory →COM2.43%$2M17.3K
9JPMJPMORGAN CHASE& COhistory →COM2.42%$2M23.2K
10BLACKROCKCOM2.29%$2M5.5K
11EMREMERSON ELECTRIC COMPANYhistory →COM2.20%$2M34.4K
12CVXCHEVRON CORP NEWhistory →COM2.18%$2M18.8K
13MSGSMADISON SQUARE GARDENhistory →COM2.14%$2M7.5K
14UPSUNITED PARCEL SERVICEhistory →COM2.10%$2M20.1K
15AWKAMERICAN WATER WORKShistory →COM2.05%$2M21.2K
16PGPROCTER AND GAMBLE COMPANYhistory →COM2.04%$2M20.8K
17CSCOCISCO SYSTEMS INChistory →COM1.98%$2M42.8K
18UTXZUNITED TECHNOLOGIES CORPhistory →COM1.84%$2M16.2K
19DALDELTA AIRLINEShistory →COM1.76%$2M33.0K
20PYPLPAYPAL HLDGS INChistory →COM1.71%$2M19.0K
21VLOVALERO ENERGY CORPhistory →COM1.66%$2M20.7K
22BRK/BBERKSHIRE HATHAWAY INC CLASS Bhistory →COM1.65%$2M7.6K
23BNYBANK OF NEW YORK MELLONhistory →COM1.61%$2M31.9K
24VFCV F CORPhistory →COM1.59%$1M20.8K
25DOWDUPONTCOM1.57%$1M27.4K
26SPGIS&P GLOBALhistory →COM1.55%$1M8.5K
27ALTABACOM1.48%$1M23.9K
28DDOMINION ENERGY INChistory →COM1.47%$1M19.3K
29FDXFEDEX CORPhistory →COM1.45%$1M8.4K
30LMTLOCKHEED MARTIN CORPhistory →COM1.44%$1M5.1K
31CTSHCOGNIZANT TECHNOLOGY SOLUTIONShistory →COM1.41%$1M20.7K
32MLMMARTIN MARIETTA MATERIALShistory →COM1.35%$1M7.4K
33FLEETCOR TECHNOLOGIESCOM1.33%$1M6.7K
34SYKSTRYKER CORPhistory →COM1.28%$1M7.7K
35PRUPRUDENTIAL FINANCIALhistory →COM1.26%$1M14.4K
36QCOMQUALCOMM INChistory →COM1.25%$1M20.5K
37CMCSACOMCAST CORP CL Ahistory →COM1.21%$1M33.3K
38KOCOCA-COLA COMPANYhistory →COM1.20%$1M23.6K
39TAT&T INChistory →COM1.14%$1M37.4K
40UHALAMERCOhistory →COM1.12%$1M3.2K
41BKNGBOOKING HOLDINGS INChistory →COM1.12%$1M608
42BUNGE LIMITEDCOM1.09%$1M19.1K
43RCLROYAL CARIBBEAN CRUISE LINEhistory →COM1.09%$1M10.4K
44EXMOCEXXON MOBIL CORPhistory →COM1.06%$990,00014.5K
45NPSNYNASPERShistory →COM1.05%$984,00024.8K
46VZVERIZON COMMUNICATIONShistory →COM1.04%$968,00017.2K
47HOWARD HUGHESCOM0.95%$886,0009.1K
48CCLCARNIVAL CORPCOM0.68%$637,00012.9K
49ABBVABBVIE INCCOM0.65%$606,0006.6K
50CELGCELGENECOM0.63%$588,0009.2K
51SCHBSCHWAB US BROAD MARKETCOM0.55%$514,0008.6K
52PEPPEPSICO INCCOM0.54%$509,0004.6K
53AWRAMERICAN STATES WATERCOM0.53%$495,0007.4K
54GLDSPDR GOLD TRUSTCOM0.51%$476,0003.9K
55DELLDELL TECHNOLOGIESCOM0.49%$455,0009.3K
56MMM3M COCOM0.48%$450,0002.4K
57SCHZSCHWAB US AGGREGATE BONDCOM0.48%$448,0008.9K
58AVBAVALONBAY COMMUNITIESCOM0.45%$424,0002.4K
59AMTAMERICAN TOWER CORPCOM0.44%$410,0002.6K
60INTCINTEL CORPCOM0.43%$399,0008.5K
61SPYS&P 500 DEPOSITORY RECEIPTSCOM0.42%$392,0001.6K
62NKENIKE INC CL BCOM0.41%$381,0005.1K
63PSAPUBLIC STORAGECOM0.40%$375,0001.9K
64HDHOME DEPOT INCCOM0.39%$362,0002.1K
65SPGSIMON PPTY GROUP INC NEWCOM0.38%$360,0002.1K
66BXPBOSTON PROPERTIES INCCOM0.36%$337,0003.0K
67PLDPROLOGISCOM0.36%$336,0005.7K
68WELLWELLTOWER INCCOM0.35%$325,0004.7K
69MRKMERCK& CO. INC.COM0.34%$322,0004.2K
70TRVTRAVELERS COCOM0.33%$313,0002.6K
71SCHFSCHWAB INTERNATIONALCOM0.32%$300,00010.6K
72EQIXEQUINIXCOM0.31%$292,000827
73PNCPNC FINANCIAL SERVICES GROUPCOM0.31%$288,0002.5K
74SCHDSCHWAB US DIVIDENDCOM0.31%$286,0006.1K
75GSGOLDMAN SACHS GROUP INCCOM0.29%$273,0001.6K
76OREALTY INCOMECOM0.29%$272,0004.3K
77HSTHOST HOTELS& RESORTSCOM0.27%$257,00015.4K
78IJHISHARES CORE S&P MID CAPCOM0.27%$252,0001.5K
79PFEPFIZER INCCOM0.27%$251,0005.8K
80SWTSXSCHWAB TOTAL STOCK MKT INDEXFUND0.26%$241,0005.5K
81EFAISHARES MSCI EAFE INDCOM0.26%$239,0004.1K
82WYWEYERHAEUSER COMPANYCOM0.24%$228,00010.4K
83BABOEING COMPANYCOM0.23%$218,000677
84PLUGPLUG POWERCOM0.01%$12,00010.0K

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 ↗.