SEC 13F Intelligence

Managers / Q3 2021 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$155M
Q3 2021
Positions
86
Filings on Record
32
2019–present window
Filed
Oct 22, 2021
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $155M in U.S.-listed holdings across 86 positions for Q3 2021.

Its largest position, AAPL, represents 7.3% of the portfolio.

Compared with Q2 2021, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+7.3%
Apple
New / Exited
5 / 4
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: 86.1%ETP: 10.4%REIT: 3.4%
  • Common Stock · 86.1% · $133M
  • ETP · 10.4% · $16M
  • REIT · 3.4% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUnion Pacific CorpNEW+9.4K9.4K+$2M$2M
MDLZMondelez International Inc Class ANEW+21.4K21.4K+$1M$1M
SPGSimon Property Group IncNEW+2.6K2.6K+$335,000$335,000
SCHASchwab US Small-Cap ETFNEW+2.3K2.3K+$232,000$232,000
REZiShares Residential Real Estate Capd ETFNEW+2.4K2.4K+$203,000$203,000
NVDANVIDIA CorpADDED+9.5K12.7K+$77,000$3M
CLXClorox CoSOLD OUT−7.8K0−$1M$0
TAT&T IncSOLD OUT−37.9K0−$1M$0

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

Holdings — Q3 2021

86 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM7.27%$11M79.5K
2MSFTMicrosoft Corphistory →COM6.23%$10M34.2K
3GOOGLAlphabet Inc Ahistory →COM3.27%$5M1.9K
4AMZNAmazon.com Inchistory →COM3.18%$5M1.5K
5SCHPSchwab US TIPS ETFhistory →COM2.50%$4M61.9K
6BlackRock IncCOM2.42%$4M4.5K
7ADPAutomatic Data Processing Inchistory →COM2.36%$4M18.3K
8METAFacebook Inc Ahistory →COM2.34%$4M10.7K
9JPMJPMorgan Chase & Cohistory →COM2.24%$3M21.2K
10VVisa Inc Class Ahistory →COM2.05%$3M14.3K
11JNJJohnson & Johnsonhistory →COM2.02%$3M19.4K
12RTXRaytheon Technologies Ordhistory →COM1.98%$3M35.8K
13PYPLPayPal Holdings Inchistory →COM1.95%$3M11.6K
14LMTLockheed Martin Corphistory →COM1.79%$3M8.1K
15AWKAmerican Water Works Co Inchistory →COM1.77%$3M16.2K
16NEENextEra Energy Inchistory →COM1.73%$3M34.2K
17NVDANVIDIA Corphistory →COM1.69%$3M12.7K
18ADBEAdobe Systems Inchistory →COM1.69%$3M4.5K
19MDTMedtronic PLChistory →COM1.67%$3M20.6K
20MCDMcDonald s Corphistory →COM1.63%$3M10.5K
21BMYBristol-Myers Squibb Companyhistory →COM1.63%$3M42.6K
22AMGNAmgen Inchistory →COM1.60%$2M11.7K
23CSCOCisco Systems Inchistory →COM1.54%$2M44.0K
24WMWaste Management Inchistory →COM1.52%$2M15.8K
25SPGIS&P Global Inchistory →COM1.52%$2M5.5K
26CBChubb Ltdhistory →COM1.46%$2M13.1K
27ELVAnthem Inchistory →COM1.38%$2M5.8K
28SYKStryker Corphistory →COM1.38%$2M8.1K
29BRK/BBerkshire Hathaway Inc Bhistory →COM1.36%$2M7.7K
30DISWalt Disney Cohistory →COM1.35%$2M12.4K
31PGProcter & Gamble Cohistory →COM1.30%$2M14.4K
32SYYSysco Corphistory →COM1.27%$2M25.0K
33SBUXStarbucks Corphistory →COM1.21%$2M16.9K
34UNPUnion Pacific Corphistory →COM1.19%$2M9.4K
35MLMMartin Marietta Materials Inchistory →COM1.11%$2M5.0K
36COSTCostco Wholesale Corphistory →COM1.10%$2M3.8K
37CMCSAComcast Corp Class Ahistory →COM1.04%$2M28.9K
38BALLBall CorpCOM0.97%$2M16.7K
39SCHZSchwab US Aggregate Bond ETFCOM0.96%$1M27.5K
40WBAWalgreen Boots Alliance IncCOM0.91%$1M29.9K
41GOOGAlphabet Inc CCOM0.90%$1M521
42FISVFiserv IncCOM0.89%$1M12.7K
43DDominion Resources IncCOM0.88%$1M18.6K
44SCHJSchwab 1 5 Year Corp Bond ETFCOM0.82%$1M24.9K
45AMTAmerican Tower CorpCOM0.81%$1M4.7K
46Fleetcor Technologies IncCOM0.81%$1M4.8K
47MDLZMondelez International Inc Class ACOM0.80%$1M21.4K
48KOCoca-Cola CoCOM0.77%$1M22.6K
49SCHHSchwab US REIT ETFCOM0.74%$1M25.1K
50PEPPepsiCo IncCOM0.73%$1M7.5K
51CTSHCognizant Technology SolutionsCOM0.73%$1M15.3K
52GLDSPDR Gold SharesCOM0.72%$1M6.8K
53SCHVSchwab US Large-Cap Value ETFCOM0.69%$1M15.9K
54SCHRSchwab Intermediate-Term US Treasury ETFCOM0.67%$1M18.3K
55HDThe Home Depot IncCOM0.67%$1M3.2K
56MSGSMadison Square Garden SportsCOM0.59%$917,0004.9K
57BACBank of America CorporationCOM0.56%$865,00020.4K
58UNHUnitedHealth Group IncCOM0.55%$848,0002.2K
59INTCIntel CorpCOM0.52%$805,00015.1K
60MRKMerck & Co IncCOM0.51%$796,00010.6K
61SCHGSchwab US Large-Cap Growth ETFCOM0.50%$775,0005.2K
62VZVerizon Communications IncCOM0.50%$772,00014.3K
63PLDPrologis IncCOM0.49%$752,0006.0K
64EQIXEquinix IncCOM0.47%$734,000929
65GSGoldman Sachs Group IncCOM0.43%$673,0001.8K
66SCHOSchwab Short-Term US Treasury ETFCOM0.42%$652,00012.7K
67CCICrown Castle International CorpCOM0.40%$613,0003.5K
68NKENike Inc BCOM0.39%$604,0004.2K
69TRVThe Travelers Companies IncCOM0.39%$603,0004.0K
70AWRAmerican States Water CoCOM0.37%$573,0006.7K
71PSAPublic StorageCOM0.32%$503,0001.7K
72SPYSPDR S&P 500 ETFCOM0.31%$481,0001.1K
73SCHDSchwab US Dividend Equity ETFCOM0.28%$432,0005.8K
74SCHMSchwab US Mid-Cap ETFCOM0.27%$424,0005.5K
75IJHiShares Core S&P Mid-CapCOM0.26%$408,0001.6K
76DLRDigital Realty Trust IncCOM0.26%$399,0002.8K
77SBACSBA Communications CorpCOM0.25%$389,0001.2K
78SCHBSchwab US Broad Market ETFCOM0.23%$359,0003.5K
79AVBAvalonBay Communities IncCOM0.23%$353,0001.6K
80EFAiShares MSCI EAFECOM0.22%$341,0004.4K
81SPGSimon Property Group IncCOM0.22%$335,0002.6K
82IJRiShares Core S&P Small-CapCOM0.20%$304,0002.8K
83VUGVanguard Growth ETFCOM0.18%$279,000960
84SCHFSchwab International Equity ETFCOM0.18%$272,0007.0K
85SCHASchwab US Small-Cap ETFCOM0.15%$232,0002.3K
86REZiShares Residential Real Estate Capd ETFCOM0.13%$203,0002.4K

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 ↗.