SEC 13F Intelligence

Managers / Q1 2019 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$107M
Q1 2019
Positions
88
Filings on Record
32
2019–present window
Filed
Apr 12, 2019
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $107M in U.S.-listed holdings across 88 positions for Q1 2019.

Its largest position, AAPL, represents 4.9% of the portfolio.

Compared with Q4 2018, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+2.4%
vs prior filed quarter
Top-10 Concentration
+28.3%
share of reported value
Largest Position
+4.9%
Apple
New / Exited
5 / 2
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: 88.3%REIT: 3.8%ETP: 3.2%Other: 1.7%Closed-End Fund: 1.7%Other: 1.3%
  • Common Stock · 88.3% · $95M
  • REIT · 3.8% · $4M
  • ETP · 3.2% · $3M
  • Other · 1.7% · $2M
  • Closed-End Fund · 1.7% · $2M
  • Other · 1.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ELVANTHEMNEW+5.1K5.1K+$1M$1M
UNHUNITEDHEALTH GROUP INCNEW+1.2K1.2K+$307,000$307,000
IJRISHARES CORE S&P SMALL CAPNEW+2.8K2.8K+$215,000$215,000
SCHWAB 529NEW+7.3K7.3K+$215,000$215,000
TALLGRASS ENERGY GP LPNEW+8.0K8.0K+$201,000$201,000
ABBVABBVIE INCADDED+7.5K14.0K+$526,000$1M
CCLCARNIVAL CORPADDED+14.0K26.9K+$730,000$1M
DOWDUPONTSOLD OUT−27.4K0−$1M$0

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

Holdings — Q1 2019

87 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM4.90%$5M27.7K
2GOOGLALPHABET CLASS ACOM3.56%$4M3.2K
3MSFTMICROSOFT CORPhistory →COM2.86%$3M26.1K
4METAFACEBOOKhistory →COM2.73%$3M17.6K
5VVISA INChistory →COM2.68%$3M18.4K
6JNJJOHNSON& JOHNSONhistory →COM2.57%$3M19.8K
7DISDISNEY WALT COhistory →COM2.31%$2M22.4K
8BLACKROCKCOM2.27%$2M5.7K
9AMGNAMGEN INChistory →COM2.24%$2M12.7K
10EMREMERSON ELECTRIC COMPANYhistory →COM2.22%$2M34.9K
11CVXCHEVRON CORP NEWhistory →COM2.20%$2M19.2K
12JPMJPMORGAN CHASE& COhistory →COM2.16%$2M22.9K
13UPSUNITED PARCEL SERVICEhistory →COM2.13%$2M20.5K
14MSGSMADISON SQUARE GARDENhistory →COM2.07%$2M7.6K
15AWKAMERICAN WATER WORKShistory →COM2.02%$2M20.8K
16PGPROCTER AND GAMBLE COMPANYhistory →COM1.98%$2M20.4K
17UTXZUNITED TECHNOLOGIES CORPhistory →COM1.93%$2M16.1K
18PRUPRUDENTIAL FINANCIALhistory →COM1.79%$2M21.0K
19VFCV F CORPhistory →COM1.69%$2M20.9K
20CSCOCISCO SYSTEMS INChistory →COM1.67%$2M33.3K
21SPGIS&P GLOBALhistory →COM1.67%$2M8.5K
22ALTABACOM1.67%$2M24.1K
23VLOVALERO ENERGY CORPhistory →COM1.66%$2M21.0K
24PYPLPAYPAL HLDGS INChistory →COM1.65%$2M17.1K
25DALDELTA AIRLINEShistory →COM1.62%$2M33.7K
26MLMMARTIN MARIETTA MATERIALShistory →COM1.60%$2M8.5K
27EXMOCEXXON MOBIL CORPhistory →COM1.56%$2M20.7K
28BNYBANK OF NEW YORK MELLONhistory →COM1.51%$2M32.2K
29BUNGE LIMITEDCOM1.49%$2M30.1K
30CTSHCOGNIZANT TECHNOLOGY SOLUTIONShistory →COM1.48%$2M22.0K
31FDXFEDEX CORPhistory →COM1.46%$2M8.7K
32LMTLOCKHEED MARTIN CORPhistory →COM1.44%$2M5.1K
33BRK/BBERKSHIRE HATHAWAY INC CLASS Bhistory →COM1.40%$2M7.5K
34SYKSTRYKER CORPhistory →COM1.39%$1M7.5K
35DDOMINION ENERGY INChistory →COM1.39%$1M19.4K
36ELVANTHEMhistory →COM1.36%$1M5.1K
37RCLROYAL CARIBBEAN CRUISE LINEhistory →COM1.30%$1M12.2K
38CCLCARNIVAL CORPhistory →COM1.27%$1M26.9K
39FLEETCOR TECHNOLOGIESCOM1.27%$1M5.5K
40CMCSACOMCAST CORP CL Ahistory →COM1.26%$1M34.0K
41UHALAMERCOhistory →COM1.12%$1M3.2K
42QCOMQUALCOMM INChistory →COM1.11%$1M21.0K
43TAT&T INChistory →COM1.09%$1M37.4K
44NPSNYNASPERShistory →COM1.07%$1M24.9K
45ABBVABBVIE INChistory →COM1.05%$1M14.0K
46BKNGBOOKING HOLDINGS INChistory →COM1.05%$1M645
47KOCOCA-COLA COMPANYhistory →COM1.03%$1M23.6K
48VZVERIZON COMMUNICATIONShistory →COM1.01%$1M18.3K
49HOWARD HUGHESCOM0.93%$997,0009.1K
50PEPPEPSICO INCCOM0.58%$621,0005.1K
51SCHBSCHWAB US BROAD MARKETCOM0.55%$586,0008.6K
52HDHOME DEPOT INCCOM0.54%$577,0003.0K
53DELLDELL TECHNOLOGIESCOM0.50%$538,0009.2K
54SCHZSCHWAB US AGGREGATE BONDCOM0.48%$514,0009.9K
55AWRAMERICAN STATES WATERCOM0.48%$513,0007.2K
56MMM3M COCOM0.47%$501,0002.4K
57GLDSPDR GOLD TRUSTCOM0.45%$479,0003.9K
58AVBAVALONBAY COMMUNITIESCOM0.43%$465,0002.3K
59PNCPNC FINANCIAL SERVICES GROUPCOM0.42%$455,0003.7K
60AMTAMERICAN TOWER CORPCOM0.41%$436,0002.2K
61SPYS&P 500 DEPOSITORY RECEIPTSCOM0.40%$431,0001.5K
62INTCINTEL CORPCOM0.39%$424,0007.9K
63NKENIKE INC CL BCOM0.39%$419,0005.0K
64PSAPUBLIC STORAGECOM0.38%$404,0001.9K
65BXPBOSTON PROPERTIES INCCOM0.37%$400,0003.0K
66SPGSIMON PPTY GROUP INC NEWCOM0.36%$390,0002.1K
67PLDPROLOGISCOM0.35%$374,0005.2K
68TRVTRAVELERS COCOM0.35%$372,0002.7K
69EQIXEQUINIXCOM0.34%$368,000813
70WELLWELLTOWER INCCOM0.32%$345,0004.4K
71SCHFSCHWAB INTERNATIONALCOM0.32%$341,00010.9K
72MRKMERCK& CO. INC.COM0.30%$325,0003.9K
73SCHDSCHWAB US DIVIDENDCOM0.30%$324,0006.2K
74GSGOLDMAN SACHS GROUP INCCOM0.29%$314,0001.6K
75UNHUNITEDHEALTH GROUP INCCOM0.29%$307,0001.2K
76IJHISHARES CORE S&P MID CAPCOM0.27%$295,0001.6K
77HSTHOST HOTELS& RESORTSCOM0.27%$291,00015.4K
78EFAISHARES MSCI EAFE INDCOM0.26%$284,0004.4K
79OREALTY INCOMECOM0.26%$283,0003.9K
80SWTSXSCHWAB TOTAL STOCK MKT INDEXFUND0.26%$278,0005.6K
81WYWEYERHAEUSER COMPANYCOM0.26%$278,00010.5K
82BABOEING COMPANYCOM0.23%$249,000652
83PFEPFIZER INCCOM0.22%$234,0005.5K
84SCHWAB 529MODERATELY AGGRES0.20%$215,0007.3K
85IJRISHARES CORE S&P SMALL CAPCOM0.20%$215,0002.8K
86TALLGRASS ENERGY GP LPCOM0.19%$201,0008.0K
87PLUGPLUG POWERCOM0.02%$24,00010.0K

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 ↗.