SEC 13F Intelligence

Managers / Q1 2020 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$88M
Q1 2020
Positions
79
Filings on Record
32
2019–present window
Filed
Apr 20, 2020
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $88M in U.S.-listed holdings across 79 positions for Q1 2020.

Its largest position, AAPL, represents 5.6% of the portfolio.

Compared with Q4 2019, the fund opened 11 new positions and exited 20.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+31.6%
share of reported value
Largest Position
+5.6%
Apple
New / Exited
11 / 20
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: 89.0%ETP: 5.6%REIT: 4.0%ADR: 1.1%Open-End Fund: 0.4%
  • Common Stock · 89.0% · $79M
  • ETP · 5.6% · $5M
  • REIT · 4.0% · $4M
  • ADR · 1.1% · $952,000
  • Open-End Fund · 0.4% · $358,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADPAUTOMATIC DATA PROCESSINGNEW+17.6K17.6K+$2M$2M
AMZNAMAZON.COM INCNEW+1.1K1.1K+$2M$2M
BMYBRISTOL-MYERS SQUIBB CONEW+31.4K31.4K+$2M$2M
WBAWALGREEN BOOTS ALLIANCE INCNEW+32.1K32.1K+$1M$1M
WMWASTE MANAGEMENTNEW+12.6K12.6K+$1M$1M
SBUXSTARBUCKS CORPORATIONNEW+13.1K13.1K+$863,000$863,000
CTASCINTAS CORPNEW+3.7K3.7K+$643,000$643,000
CCICROWN CASTLE INTERNATIONALNEW+3.2K3.2K+$467,000$467,000

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

Holdings — Q1 2020

78 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.60%$5M19.5K
2GOOGLALPHABET CLASS ACOM3.71%$3M2.8K
3MSFTMICROSOFT CORPhistory →COM3.40%$3M19.1K
4VVISA INChistory →COM3.12%$3M17.1K
5METAFACEBOOKhistory →COM2.91%$3M15.4K
6JNJJOHNSON& JOHNSONhistory →COM2.83%$3M19.1K
7ADPAUTOMATIC DATA PROCESSINGhistory →COM2.72%$2M17.6K
8AMZNAMAZON.COM INChistory →COM2.50%$2M1.1K
9BLACKROCKCOM2.46%$2M5.0K
10MCDMCDONALDS CORPhistory →COM2.38%$2M12.7K
11AMGNAMGEN INChistory →COM2.37%$2M10.3K
12AWKAMERICAN WATER WORKShistory →COM2.20%$2M16.3K
13CSCOCISCO SYSTEMS INChistory →COM2.02%$2M45.5K
14JPMJPMORGAN CHASE& COhistory →COM2.01%$2M19.7K
15PGPROCTER AND GAMBLE COMPANYhistory →COM1.98%$2M15.9K
16BMYBRISTOL-MYERS SQUIBB COhistory →COM1.98%$2M31.4K
17DISDISNEY WALT COhistory →COM1.96%$2M17.9K
18LMTLOCKHEED MARTIN CORPhistory →COM1.94%$2M5.1K
19MSGSMADISON SQUARE GARDENhistory →COM1.88%$2M7.9K
20PYPLPAYPAL HLDGS INChistory →COM1.87%$2M17.3K
21SYKSTRYKER CORPhistory →COM1.70%$2M9.0K
22ELVANTHEMhistory →COM1.67%$1M6.5K
23WBAWALGREEN BOOTS ALLIANCE INChistory →COM1.66%$1M32.1K
24RAYTHEONCOM1.62%$1M11.0K
25SPGIS&P GLOBALhistory →COM1.61%$1M5.8K
26MLMMARTIN MARIETTA MATERIALShistory →COM1.59%$1M7.4K
27ADBEADOBE SYSTEMS INChistory →COM1.58%$1M4.4K
28UTXZUNITED TECHNOLOGIES CORPhistory →COM1.58%$1M14.8K
29BRK/BBERKSHIRE HATHAWAY INC CLASS Bhistory →COM1.57%$1M7.6K
30DDOMINION ENERGY INChistory →COM1.56%$1M19.1K
31CBCHUBBhistory →COM1.47%$1M11.6K
32CMCSACOMCAST CORP CL Ahistory →COM1.42%$1M36.6K
33WMWASTE MANAGEMENThistory →COM1.32%$1M12.6K
34VFCV F CORPhistory →COM1.28%$1M20.9K
35SCHZSCHWAB US AGGREGATE BONDhistory →COM1.25%$1M20.3K
36TAT&T INChistory →COM1.24%$1M37.5K
37UPSUNITED PARCEL SERVICEhistory →COM1.23%$1M11.7K
38FLEETCOR TECHNOLOGIESCOM1.22%$1M5.8K
39KOCOCA-COLA COMPANYhistory →COM1.18%$1M23.6K
40CTSHCOGNIZANT TECHNOLOGY SOLUTIONShistory →COM1.09%$961,00020.7K
41AMTAMERICAN TOWER CORPhistory →COM1.08%$958,0004.4K
42PROSYPROSUS N Vhistory →COM1.08%$952,00069.5K
43VZVERIZON COMMUNICATIONShistory →COM1.04%$921,00017.1K
44SBUXSTARBUCKS CORPORATIONCOM0.98%$863,00013.1K
45BNYBANK OF NEW YORK MELLONCOM0.93%$822,00024.4K
46FDXFEDEX CORPCOM0.87%$771,0006.4K
47SCHBSCHWAB US BROAD MARKETCOM0.82%$722,00011.9K
48CTASCINTAS CORPCOM0.73%$643,0003.7K
49PEPPEPSICO INCCOM0.68%$603,0005.0K
50GLDSPDR GOLD TRUSTCOM0.66%$581,0003.9K
51SCHRSCHWAB INTERMEDIATE TREASURYCOM0.65%$578,0009.8K
52SCHDSCHWAB US DIVIDENDCOM0.65%$576,00012.8K
53AWRAMERICAN STATES WATERCOM0.64%$566,0006.9K
54EQIXEQUINIXCOM0.61%$538,000861
55HDHOME DEPOT INCCOM0.58%$512,0002.7K
56CCICROWN CASTLE INTERNATIONALCOM0.53%$467,0003.2K
57PLDPROLOGISCOM0.50%$445,0005.5K
58BACBANK OF AMERICACOM0.49%$433,00020.4K
59SPYS&P 500 DEPOSITORY RECEIPTSCOM0.44%$393,0001.5K
60UNHUNITEDHEALTH GROUP INCCOM0.41%$360,0001.4K
61INTCINTEL CORPCOM0.40%$357,0006.6K
62DLRDIGITAL REALTY TRUSTCOM0.40%$351,0002.5K
63MRKMERCK& CO. INC.COM0.38%$338,0004.4K
64PSAPUBLIC STORAGECOM0.35%$311,0001.6K
65SCHFSCHWAB INTERNATIONALCOM0.34%$301,00011.6K
66NKENIKE INC CL BCOM0.31%$270,0003.3K
67ULTAULTA BEAUTYCOM0.30%$268,0001.5K
68EQREQUITY RESIDENTIALCOM0.27%$235,0003.8K
69PNCPNC FINANCIAL SERVICES GROUPCOM0.27%$235,0002.5K
70EFAISHARES MSCI EAFE INDCOM0.26%$234,0004.4K
71SWTSXSCHWAB TOTAL STOCK MKT INDEXFUND0.26%$232,0005.3K
72TRVTRAVELERS COCOM0.26%$229,0002.3K
73IJHISHARES CORE S&P MID CAPCOM0.25%$223,0001.6K
74SCHOSCHWAB ST US TREASURY BONDCOM0.25%$220,0004.2K
75AVBAVALONBAY COMMUNITIESCOM0.25%$217,0001.5K
76CATCATERPILLAR INCCOM0.23%$200,0001.7K
77FDVLXFIDELITY VALUEFUND0.14%$126,00018.1K
78PLUGPLUG POWERCOM0.04%$35,00010.0K

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 ↗.