SEC 13F Intelligence

Managers / Q2 2021 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$150M
Q2 2021
Positions
85
Filings on Record
32
2019–present window
Filed
Jul 23, 2021
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $150M in U.S.-listed holdings across 85 positions for Q2 2021.

Its largest position, AAPL, represents 7.1% of the portfolio.

Compared with Q1 2021, the fund opened 0 new positions and exited 69.

Portfolio Metrics

Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+33.7%
share of reported value
Largest Position
+7.1%
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: 86.9%ETP: 9.8%REIT: 3.3%
  • Common Stock · 86.9% · $131M
  • ETP · 9.8% · $15M
  • REIT · 3.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHOSchwab Short-Term US Treasury ETFADDED+7.8K12.1K+$399,834$622,000
VRTXVertex Pharmaceuticals IncSOLD OUT−5.9K0−$1M$0
REZiShares Residential Real Estate Capd ETFSOLD OUT−2.4K0−$175,750$0
SDYSPDR S&P Dividend ETFSOLD OUT−1.4K0−$171,144$0
NSCNorfolk Southern CorpSOLD OUT−6050−$162,455$0
GISGeneral Mills IncSOLD OUT−2.4K0−$146,616$0
HONHoneywell International IncSOLD OUT−6710−$145,654$0
SCHASchwab US Small-Cap ETFSOLD OUT−1.3K0−$124,588$0

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

Holdings — Q2 2021

85 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM7.11%$11M78.0K
2MSFTMicrosoft Corphistory →COM6.32%$9M35.1K
3AMZNAmazon.com Inchistory →COM3.44%$5M1.5K
4GOOGLAlphabet Inc Ahistory →COM2.60%$4M1.6K
5BlackRock IncCOM2.58%$4M4.4K
6METAFacebook Inc Ahistory →COM2.48%$4M10.7K
7ADPAutomatic Data Processing Inchistory →COM2.42%$4M18.3K
8SCHPSchwab US TIPS ETFhistory →COM2.27%$3M54.6K
9PYPLPayPal Holdings Inchistory →COM2.24%$3M11.5K
10VVisa Inc Class Ahistory →COM2.22%$3M14.3K
11JPMJPMorgan Chase & Cohistory →COM2.17%$3M20.9K
12JNJJohnson & Johnsonhistory →COM2.11%$3M19.2K
13RTXRaytheon Technologies Ordhistory →COM2.02%$3M35.6K
14LMTLockheed Martin Corphistory →COM1.99%$3M7.9K
15BMYBristol-Myers Squibb Companyhistory →COM1.89%$3M42.4K
16MCDMcDonald s Corphistory →COM1.81%$3M11.8K
17ADBEAdobe Systems Inchistory →COM1.77%$3M4.5K
18MDTMedtronic PLChistory →COM1.77%$3M21.4K
19NVDANVIDIA Corphistory →COM1.69%$3M3.2K
20AWKAmerican Water Works Co Inchistory →COM1.67%$3M16.2K
21AMGNAmgen Inchistory →COM1.63%$2M10.1K
22NEENextEra Energy Inchistory →COM1.62%$2M33.2K
23CSCOCisco Systems Inchistory →COM1.55%$2M43.9K
24SPGIS&P Global Inchistory →COM1.51%$2M5.5K
25SBUXStarbucks Corphistory →COM1.47%$2M19.8K
26ELVAnthem Inchistory →COM1.46%$2M5.8K
27WMWaste Management Inchistory →COM1.46%$2M15.6K
28DISWalt Disney Cohistory →COM1.44%$2M12.3K
29SYKStryker Corphistory →COM1.39%$2M8.1K
30CBChubb Ltdhistory →COM1.37%$2M12.9K
31GOOGAlphabet Inc Chistory →COM1.36%$2M813
32SYYSysco Corphistory →COM1.30%$2M25.1K
33PGProcter & Gamble Cohistory →COM1.29%$2M14.3K
34WBAWalgreen Boots Alliance Inchistory →COM1.22%$2M35.0K
35BRK/BBerkshire Hathaway Inc Bhistory →COM1.22%$2M6.6K
36MLMMartin Marietta Materials Inchistory →COM1.17%$2M5.0K
37CMCSAComcast Corp Class Ahistory →COM1.09%$2M28.8K
38SCHZSchwab US Aggregate Bond ETFhistory →COM1.03%$2M28.4K
39COSTCostco Wholesale Corphistory →COM1.00%$2M3.8K
40CLXClorox CoCOM0.94%$1M7.8K
41BALLBall CorpCOM0.91%$1M16.9K
42DDominion Resources IncCOM0.91%$1M18.6K
43FISVFiserv IncCOM0.91%$1M12.8K
44SCHJSchwab 1 5 Year Corp Bond ETFCOM0.85%$1M25.0K
45Fleetcor Technologies IncCOM0.82%$1M4.8K
46KOCoca-Cola CoCOM0.82%$1M22.6K
47AMTAmerican Tower CorpCOM0.78%$1M4.4K
48TAT&T IncCOM0.73%$1M37.9K
49SCHRSchwab Intermediate-Term US Treasury ETFCOM0.72%$1M18.9K
50GLDSPDR Gold SharesCOM0.71%$1M6.5K
51CTSHCognizant Technology SolutionsCOM0.70%$1M15.2K
52SCHVSchwab US Large-Cap Value ETFCOM0.67%$1M14.7K
53VZVerizon Communications IncCOM0.65%$974,00017.4K
54PEPPepsiCo IncCOM0.58%$871,0005.9K
55MSGSMadison Square Garden SportsCOM0.57%$852,0004.9K
56BACBank of America CorporationCOM0.56%$840,00020.4K
57SCHGSchwab US Large-Cap Growth ETFCOM0.53%$790,0005.4K
58HDThe Home Depot IncCOM0.50%$756,0002.4K
59EQIXEquinix IncCOM0.46%$687,000856
60PLDPrologis IncCOM0.44%$658,0005.5K
61CCICrown Castle International CorpCOM0.43%$645,0003.3K
62SCHHSchwab US REIT ETFCOM0.42%$635,00013.9K
63SCHOSchwab Short-Term US Treasury ETFCOM0.41%$622,00012.1K
64UNHUnitedHealth Group IncCOM0.38%$574,0001.4K
65INTCIntel CorpCOM0.38%$573,00010.2K
66MRKMerck & Co IncCOM0.37%$552,0007.1K
67AWRAmerican States Water CoCOM0.35%$533,0006.7K
68SPYSPDR S&P 500 ETFCOM0.32%$479,0001.1K
69PSAPublic StorageCOM0.31%$467,0001.6K
70NKENike Inc BCOM0.29%$442,0002.9K
71SCHDSchwab US Dividend Equity ETFCOM0.29%$440,0005.8K
72IJHiShares Core S&P Mid-CapCOM0.28%$417,0001.6K
73GSGoldman Sachs Group IncCOM0.28%$416,0001.1K
74DLRDigital Realty Trust IncCOM0.25%$379,0002.5K
75SCHBSchwab US Broad Market ETFCOM0.24%$360,0003.5K
76SBACSBA Communications CorpCOM0.23%$346,0001.1K
77EFAiShares MSCI EAFECOM0.23%$345,0004.4K
78SCHMSchwab US Mid-Cap ETFCOM0.23%$341,0004.4K
79TRVThe Travelers Companies IncCOM0.22%$337,0002.2K
80IJRiShares Core S&P Small-CapCOM0.21%$314,0002.8K
81AVBAvalonBay Communities IncCOM0.20%$305,0001.5K
82EQREquity ResidentialCOM0.20%$293,0003.8K
83SCHFSchwab International Equity ETFCOM0.19%$283,0007.2K
84VUGVanguard Growth ETFCOM0.18%$275,000960
85PLUGPlug Power IncCOM0.17%$256,0007.5K

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 ↗.