SEC 13F Intelligence

Managers / Q2 2022 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$130M
Q2 2022
Positions
88
Filings on Record
31
2019–present window
Filed
Aug 9, 2022
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $130M in U.S.-listed holdings across 88 positions for Q2 2022.

Its largest position, AAPL, represents 7.8% of the portfolio.

Compared with Q1 2022, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+0.8%
vs prior filed quarter
Top-10 Concentration
+33.6%
share of reported value
Largest Position
+7.8%
Apple
New / Exited
1 / 3
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
Q1 ’19: $107MQ1 ’19Q2 ’19: $109MQ3 ’19: $105MQ4 ’19: $115MQ1 ’20: $88MQ1 ’20Q2 ’20: $107MQ4 ’20: $130MQ1 ’21: $142MQ2 ’21: $150MQ2 ’21Q3 ’21: $155MQ4 ’21: $172MQ1 ’22: $163MQ2 ’22: $130MQ2 ’22Q3 ’22: $118MQ4 ’22: $122MQ1 ’23: $130MQ2 ’23: $133MQ2 ’23Q3 ’23: $126MQ4 ’23: $135MQ1 ’24: $144MQ2 ’24: $138MQ2 ’24Q3 ’24: $142MQ4 ’24: $143MQ1 ’25: $137MQ2 ’25: $151MQ2 ’25Q3 ’25: $154MQ4 ’25: $149MQ1 ’26: $141MQ2 ’26: $152MQ2 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.7%ETP: 11.5%REIT: 3.6%ADR: 1.0%Open-End Fund: 0.2%
  • Common Stock · 83.7% · $109M
  • ETP · 11.5% · $15M
  • REIT · 3.6% · $5M
  • ADR · 1.0% · $1M
  • Open-End Fund · 0.2% · $278,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SWTSXSchwab Total Stock Market IndexNEW+4.3K4.3K+$278,000$278,000
AMZNAmazon.com IncADDED+26.9K28.4K−$2M$3M
SCHASchwab US Small-Cap ETFSOLD OUT−5.4K0−$256,000$0
REZiShares Residential Real Estate Capd ETFSOLD OUT−2.4K0−$228,000$0
PLUGPlug Power IncSOLD OUT−7.5K0−$215,000$0
LVMUYLVMH Moet Hennessy Louis VuittonADDED+4.9K10.3K+$484,000$1M
SCHDSchwab US Dividend Equity ETFADDED+2.6K8.5K+$142,000$608,000
AVBAvalonBay Communities IncTRIMMED−6961.3K−$241,000$245,000

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

Holdings — Q2 2022

88 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM7.75%$10M73.5K
2MSFTMicrosoft Corphistory →COM6.41%$8M32.4K
3GOOGLAlphabet Inc Ahistory →COM2.90%$4M1.7K
4SCHPSchwab US TIPS ETFhistory →COM2.86%$4M66.6K
5ADPAutomatic Data Processing Inchistory →COM2.43%$3M15.0K
6RTXRaytheon Technologies Ordhistory →COM2.40%$3M32.3K
7JNJJohnson & Johnsonhistory →COM2.34%$3M17.1K
8AMZNAmazon.com Inchistory →COM2.32%$3M28.4K
9BMYBristol-Myers Squibb Companyhistory →COM2.11%$3M35.6K
10VVisa Inc Class Ahistory →COM2.10%$3M13.9K
11AMGNAmgen Inchistory →COM1.88%$2M10.0K
12BlackRock IncCOM1.85%$2M3.9K
13NEENextEra Energy Inchistory →COM1.79%$2M30.0K
14AWKAmerican Water Works Co Inchistory →COM1.75%$2M15.2K
15MCDMcDonald s Corphistory →COM1.71%$2M9.0K
16BRK/BBerkshire Hathaway Inc Bhistory →COM1.70%$2M8.1K
17CBChubb Ltdhistory →COM1.69%$2M11.2K
18JPMJPMorgan Chase & Cohistory →COM1.61%$2M18.5K
19WMWaste Management Inchistory →COM1.55%$2M13.1K
20ELVElevance Healthhistory →COM1.55%$2M4.2K
21NVDANVIDIA Corphistory →COM1.42%$2M12.1K
22SPGIS&P Global Inchistory →COM1.38%$2M5.3K
23PGProcter & Gamble Cohistory →COM1.36%$2M12.3K
24UNPUnion Pacific Corphistory →COM1.36%$2M8.3K
25SYYSysco Corphistory →COM1.33%$2M20.4K
26SYKStryker Corphistory →COM1.22%$2M7.9K
27CSCOCisco Systems Inchistory →COM1.21%$2M36.7K
28MDTMedtronic PLChistory →COM1.18%$2M17.1K
29ADBEAdobe Systems Inchistory →COM1.17%$2M4.1K
30METAMeta Platformshistory →COM1.14%$1M9.2K
31KOCoca-Cola Cohistory →COM1.10%$1M22.6K
32PEPPepsiCo Inchistory →COM1.07%$1M8.4K
33COSTCostco Wholesale Corphistory →COM1.05%$1M2.8K
34LMTLockheed Martin Corphistory →COM1.02%$1M3.1K
35SCHZSchwab US Aggregate Bond ETFCOM0.99%$1M26.9K
36SCHVSchwab US Large-Cap Value ETFCOM0.98%$1M20.4K
37MLMMartin Marietta Materials IncCOM0.98%$1M4.2K
38LVMUYLVMH Moet Hennessy Louis VuittonCOM0.97%$1M10.3K
39UNHUnitedHealth Group IncCOM0.96%$1M2.4K
40DISWalt Disney CoCOM0.94%$1M12.9K
41SCHHSchwab US REIT ETFCOM0.93%$1M57.3K
42DDominion EnergyCOM0.92%$1M14.9K
43MDLZMondelez International Inc Class ACOM0.91%$1M19.0K
44MRKMerck & Co IncCOM0.90%$1M12.8K
45SCHJSchwab 1 5 Year Corp Bond ETFCOM0.90%$1M24.5K
46GLDSPDR Gold SharesCOM0.88%$1M6.8K
47CMCSAComcast Corp Class ACOM0.84%$1M27.9K
48SBUXStarbucks CorpCOM0.84%$1M14.3K
49AVGOBroadcom Inc ComCOM0.83%$1M2.2K
50AMTAmerican Tower CorpCOM0.82%$1M4.1K
51GOOGAlphabet Inc CCOM0.79%$1M467
52CTSHCognizant Technology SolutionsCOM0.77%$1M14.8K
53VZVerizon Communications IncCOM0.74%$964,00019.0K
54HDThe Home Depot IncCOM0.74%$960,0003.5K
55LYVLive Nation Entertainment IncCOM0.74%$954,00011.5K
56BALLBall CorpCOM0.71%$922,00013.4K
57Fleetcor Technologies IncCOM0.70%$912,0004.3K
58WBAWalgreen Boots Alliance IncCOM0.69%$901,00023.8K
59FISVFiserv IncCOM0.69%$894,00010.1K
60SCHRSchwab Intermediate-Term US Treasury ETFCOM0.67%$875,00017.0K
61TRVThe Travelers Companies IncCOM0.65%$843,0005.0K
62PLDPrologis IncCOM0.60%$779,0006.6K
63HONHoneywell International IncCOM0.59%$761,0004.4K
64SCHOSchwab Short-Term US Treasury ETFCOM0.58%$759,00015.4K
65PYPLPayPal Holdings IncCOM0.58%$759,00010.9K
66MSGSMadison Square Garden SportsCOM0.58%$757,0005.0K
67GSGoldman Sachs Group IncCOM0.51%$668,0002.3K
68CCICrown Castle International CorpCOM0.51%$658,0003.9K
69BACBank of America CorporationCOM0.47%$616,00019.8K
70SCHDSchwab US Dividend Equity ETFCOM0.47%$608,0008.5K
71NKENike Inc BCOM0.45%$580,0005.7K
72EQIXEquinix IncCOM0.42%$541,000823
73AWRAmerican States Water CoCOM0.39%$506,0006.2K
74SCHGSchwab US Large-Cap Growth ETFCOM0.37%$478,0008.2K
75PSAPublic StorageCOM0.33%$434,0001.4K
76SPYSPDR S&P 500 ETFCOM0.33%$423,0001.1K
77IJHiShares Core S&P Mid-CapCOM0.27%$351,0001.6K
78SCHMSchwab US Mid-Cap ETFCOM0.27%$346,0005.5K
79DLRDigital Realty Trust IncCOM0.26%$333,0002.6K
80SBACSBA Communications CorpCOM0.24%$317,000990
81SCHBSchwab US Broad Market ETFCOM0.23%$294,0006.7K
82SPGSimon Property Group IncCOM0.22%$283,0003.0K
83SWTSXSchwab Total Stock Market IndexCOM0.21%$278,0004.3K
84EFAiShares MSCI EAFECOM0.21%$273,0004.4K
85IJRiShares Core S&P Small-CapCOM0.20%$257,0002.8K
86AVBAvalonBay Communities IncCOM0.19%$245,0001.3K
87SCHFSchwab International Equity ETFCOM0.17%$223,0007.1K
88VUGVanguard Growth ETFCOM0.16%$214,000960

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 ↗

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 ↗.