SEC 13F Intelligence

Managers / Q1 2022 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$163M
Q1 2022
Positions
90
Filings on Record
32
2019–present window
Filed
May 24, 2022
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $163M in U.S.-listed holdings across 90 positions for Q1 2022.

Its largest position, AAPL, represents 8.2% of the portfolio.

Compared with Q4 2021, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+33.8%
share of reported value
Largest Position
+8.2%
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: 84.7%ETP: 10.7%REIT: 4.1%ADR: 0.5%
  • Common Stock · 84.7% · $138M
  • ETP · 10.7% · $17M
  • REIT · 4.1% · $7M
  • ADR · 0.5% · $775,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVGOBroadcom Inc ComNEW+2.6K2.6K+$2M$2M
LVMUYLVMH Moet Hennessy Louis VuittonNEW+5.4K5.4K+$775,000$775,000
SCHBSchwab US Broad Market ETFADDED+3.3K6.7K−$21,000$355,000
SCHASchwab US Small-Cap ETFADDED+2.7K5.4K−$24,000$256,000
SCHHSchwab US REIT ETFADDED+26.6K58.2K−$219,000$1M
LMTLockheed Martin CorpTRIMMED−4.8K3.1K−$1M$1M
SCHGSchwab US Large-Cap Growth ETFADDED+3.2K9.5K−$317,000$708,000
SCHVSchwab US Large-Cap Value ETFADDED+2.8K21.1K+$170,000$2M

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

Holdings — Q1 2022

90 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM8.22%$13M76.8K
2MSFTMicrosoft Corphistory →COM6.40%$10M33.9K
3GOOGLAlphabet Inc Ahistory →COM2.98%$5M1.7K
4AMZNAmazon.com Inchistory →COM2.95%$5M1.5K
5SCHPSchwab US TIPS ETFhistory →COM2.65%$4M71.3K
6ADPAutomatic Data Processing Inchistory →COM2.29%$4M16.4K
7RTXRaytheon Technologies Ordhistory →COM2.09%$3M34.5K
8JNJJohnson & Johnsonhistory →COM2.09%$3M19.2K
9BlackRock IncCOM2.07%$3M4.4K
10NVDANVIDIA Corphistory →COM2.06%$3M12.3K
11VVisa Inc Class Ahistory →COM1.94%$3M14.3K
12BMYBristol-Myers Squibb Companyhistory →COM1.85%$3M41.5K
13NEENextEra Energy Inchistory →COM1.78%$3M34.2K
14JPMJPMorgan Chase & Cohistory →COM1.77%$3M21.2K
15BRK/BBerkshire Hathaway Inc Bhistory →COM1.76%$3M8.1K
16AMGNAmgen Inchistory →COM1.69%$3M11.4K
17CBChubb Ltdhistory →COM1.68%$3M12.8K
18AWKAmerican Water Works Co Inchistory →COM1.64%$3M16.1K
19ELVAnthem Inchistory →COM1.62%$3M5.4K
20UNPUnion Pacific Corphistory →COM1.58%$3M9.5K
21MCDMcDonald s Corphistory →COM1.55%$3M10.2K
22WMWaste Management Inchistory →COM1.51%$2M15.6K
23MDTMedtronic PLChistory →COM1.46%$2M21.4K
24CSCOCisco Systems Inchistory →COM1.44%$2M42.3K
25SPGIS&P Global Inchistory →COM1.35%$2M5.4K
26METAMeta Platforms Inchistory →COM1.34%$2M9.8K
27PGProcter & Gamble Cohistory →COM1.32%$2M14.1K
28SYKStryker Corphistory →COM1.30%$2M8.0K
29COSTCostco Wholesale Corphistory →COM1.25%$2M3.6K
30ADBEAdobe Systems Inchistory →COM1.22%$2M4.4K
31SYYSysco Corphistory →COM1.20%$2M24.0K
32DISWalt Disney Cohistory →COM1.14%$2M13.6K
33MLMMartin Marietta Materials Inchistory →COM1.03%$2M4.4K
34AVGOBroadcom Inc ComCOM1.00%$2M2.6K
35DDominion EnergyCOM0.95%$2M18.3K
36SCHVSchwab US Large-Cap Value ETFCOM0.92%$2M21.1K
37SBUXStarbucks CorpCOM0.91%$1M16.4K
38SCHHSchwab US REIT ETFCOM0.89%$1M58.2K
39AMTAmerican Tower CorpCOM0.88%$1M5.7K
40SCHZSchwab US Aggregate Bond ETFCOM0.87%$1M27.9K
41MDLZMondelez International Inc Class ACOM0.86%$1M22.5K
42KOCoca-Cola CoCOM0.86%$1M22.6K
43PEPPepsiCo IncCOM0.85%$1M8.3K
44LMTLockheed Martin CorpCOM0.85%$1M3.1K
45CTSHCognizant Technology SolutionsCOM0.82%$1M14.9K
46CMCSAComcast Corp Class ACOM0.81%$1M28.2K
47PYPLPayPal Holdings IncCOM0.80%$1M11.3K
48GOOGAlphabet Inc CCOM0.80%$1M468
49WBAWalgreen Boots Alliance IncCOM0.79%$1M28.7K
50SCHJSchwab 1 5 Year Corp Bond ETFCOM0.77%$1M25.8K
51BALLBall CorpCOM0.76%$1M13.9K
52GLDSPDR Gold SharesCOM0.75%$1M6.8K
53UNHUnitedHealth Group IncCOM0.75%$1M2.4K
54PLDPrologis IncCOM0.68%$1M6.8K
55Fleetcor Technologies IncCOM0.67%$1M4.4K
56MRKMerck & Co IncCOM0.64%$1M12.8K
57HDThe Home Depot IncCOM0.64%$1M3.5K
58FISVFiserv IncCOM0.63%$1M10.1K
59LYVLive Nation Entertainment IncCOM0.61%$1M8.5K
60HONHoneywell International IncCOM0.60%$983,0005.0K
61SCHRSchwab Intermediate-Term US Treasury ETFCOM0.59%$971,00018.2K
62VZVerizon Communications IncCOM0.59%$958,00018.8K
63TRVThe Travelers Companies IncCOM0.55%$905,0005.0K
64MSGSMadison Square Garden SportsCOM0.55%$903,0005.0K
65BACBank of America CorporationCOM0.50%$815,00019.8K
66PSAPublic StorageCOM0.48%$788,0002.0K
67CCICrown Castle International CorpCOM0.48%$784,0004.2K
68EQIXEquinix IncCOM0.48%$779,0001.1K
69LVMUYLVMH Moet Hennessy Louis VuittonCOM0.47%$775,0005.4K
70NKENike Inc BCOM0.45%$732,0005.4K
71SCHOSchwab Short-Term US Treasury ETFCOM0.43%$709,00014.3K
72SCHGSchwab US Large-Cap Growth ETFCOM0.43%$708,0009.5K
73GSGoldman Sachs Group IncCOM0.43%$707,0002.1K
74AWRAmerican States Water CoCOM0.34%$552,0006.2K
75SPYSPDR S&P 500 ETFCOM0.31%$506,0001.1K
76AVBAvalonBay Communities IncCOM0.30%$486,0002.0K
77DLRDigital Realty Trust IncCOM0.29%$475,0003.4K
78SBACSBA Communications CorpCOM0.29%$470,0001.4K
79SCHMSchwab US Mid-Cap ETFCOM0.29%$469,0006.2K
80SCHDSchwab US Dividend Equity ETFCOM0.29%$466,0005.9K
81SPGSimon Property Group IncCOM0.27%$437,0003.3K
82IJHiShares Core S&P Mid-CapCOM0.25%$416,0001.6K
83SCHBSchwab US Broad Market ETFCOM0.22%$355,0006.7K
84EFAiShares MSCI EAFECOM0.20%$322,0004.4K
85IJRiShares Core S&P Small-CapCOM0.18%$300,0002.8K
86VUGVanguard Growth ETFCOM0.17%$276,000960
87SCHFSchwab International Equity ETFCOM0.16%$259,0007.1K
88SCHASchwab US Small-Cap ETFCOM0.16%$256,0005.4K
89REZiShares Residential Real Estate Capd ETFCOM0.14%$228,0002.4K
90PLUGPlug Power IncCOM0.13%$215,0007.5K

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 ↗.