SEC 13F Intelligence

Managers / Q4 2024 · view latest →

LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA

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

Reported Value
$143M
Q4 2024
Positions
85
Filings on Record
32
2019–present window
Filed
Jan 24, 2025
original filing

Summary

Lederer & Associates Investment Counsel/Ca reported $143M in U.S.-listed holdings across 85 positions for Q4 2024.

Its largest position, AAPL, represents 9.5% of the portfolio.

Compared with Q3 2024, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+41.2%
share of reported value
Largest Position
+9.5%
Apple
New / Exited
4 / 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
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: 7.2%REIT: 3.0%ADR: 0.7%
  • Common Stock · 89.0% · $127M
  • ETP · 7.2% · $10M
  • REIT · 3.0% · $4M
  • ADR · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ABBVAbbVie IncNEW+10.3K10.3K+$2M$2M
FLUTFlutter Entertainment PLCNEW+5.8K5.8K+$2M$2M
CMECME Group Inc Class ANEW+4.1K4.1K+$959,000$959,000
GPCGenuine Parts CoNEW+4.7K4.7K+$553,000$553,000
LLYEli Lilly and CoADDED+2.1K2.5K+$2M$2M
SCHGSchwab US Large-Cap Growth ETFADDED+18.0K23.9K+$47,000$667,000
SCHMSchwab US Mid-Cap ETFADDED+8.6K12.9K+$1,000$356,000
SCHVSchwab US Large-Cap Value ETFADDED+41.7K62.4K−$42,000$2M

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

Holdings — Q4 2024

85 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →COM9.55%$14M54.6K
2MSFTMicrosoft Corphistory →COM7.52%$11M25.5K
3NVDANVIDIA Corphistory →COM5.04%$7M53.8K
4GOOGLAlphabet Inc Ahistory →COM3.73%$5M28.3K
5AMZNAmazon.com Inchistory →COM3.41%$5M22.3K
6METAMeta Platformshistory →COM2.73%$4M6.7K
7VVisa Inc Class Ahistory →COM2.49%$4M11.3K
8ADPAutomatic Data Processing Inchistory →COM2.36%$3M11.5K
9BRK/BBerkshire Hathaway Inc Bhistory →COM2.22%$3M7.0K
10AVGOBroadcom Inc Comhistory →COM2.12%$3M13.1K
11BlackRock IncCOM2.02%$3M2.8K
12SYKStryker Corphistory →COM1.62%$2M6.4K
13JPMJPMorgan Chase & Cohistory →COM1.61%$2M9.6K
14SPGIS&P Global Inchistory →COM1.45%$2M4.2K
15CBChubb Ltdhistory →COM1.44%$2M7.4K
16JNJJohnson & Johnsonhistory →COM1.43%$2M14.2K
17LLYEli Lilly and Cohistory →COM1.32%$2M2.5K
18COSTCostco Wholesale Corphistory →COM1.30%$2M2.0K
19NFLXNetflix Inchistory →COM1.30%$2M2.1K
20NEENextEra Energy Inchistory →COM1.29%$2M25.8K
21HSYThe Hershey Cohistory →COM1.28%$2M10.8K
22ABBVAbbVie Inchistory →COM1.28%$2M10.3K
23AMGNAmgen Inchistory →COM1.26%$2M6.9K
24ADBEAdobe Systems Inchistory →COM1.25%$2M4.0K
25UNPUnion Pacific Corphistory →COM1.19%$2M7.5K
26GLDSPDR Gold Shareshistory →COM1.15%$2M6.8K
27MLMMartin Marietta Materials Inchistory →COM1.15%$2M3.2K
28SCHVSchwab US Large-Cap Value ETFhistory →COM1.14%$2M62.4K
29WMWaste Management Inchistory →COM1.10%$2M7.8K
30AWKAmerican Water Works Co Inchistory →COM1.10%$2M12.7K
31GOOGAlphabet Inc Chistory →COM1.09%$2M8.2K
32SCHPSchwab US TIPS ETFhistory →COM1.08%$2M59.9K
33CSCOCisco Systems Inchistory →COM1.08%$2M26.0K
34FLUTFlutter Entertainment PLChistory →COM1.05%$2M5.8K
35FISVFiserv Inchistory →COM1.01%$1M7.0K
36ELVElevance Healthhistory →COM1.01%$1M3.9K
37KOCoca-Cola CoCOM0.90%$1M20.6K
38PEPPepsiCo IncCOM0.88%$1M8.3K
39PYPLPayPal Holdings IncCOM0.87%$1M14.6K
40MDTMedtronic PLCCOM0.85%$1M15.3K
41BMYBristol-Myers Squibb CompanyCOM0.83%$1M21.1K
42CVXChevron CorpCOM0.82%$1M8.1K
43WATWaters CorpCOM0.81%$1M3.1K
44SCHHSchwab US REIT ETFCOM0.77%$1M52.1K
45SYYSysco CorpCOM0.75%$1M14.1K
46LVMUYLouis Vuitton Moet HennessyCOM0.74%$1M8.1K
47UBERUber Technologies IncCOM0.72%$1M17.2K
48MCDMcDonald s CorpCOM0.72%$1M3.6K
49HDThe Home Depot IncCOM0.72%$1M2.6K
50CRWDCrowdStrike Holdings IncCOM0.71%$1M3.0K
51EXMOCExxon Mobil CorpCOM0.68%$973,0009.0K
52CMECME Group Inc Class ACOM0.67%$959,0004.1K
53UNHUnitedHealth Group IncCOM0.65%$935,0001.8K
54CTSHCognizant Technology SolutionsCOM0.64%$916,00011.9K
55CPAYCorpay IncCOM0.64%$914,0002.7K
56MRKMerck & Co IncCOM0.62%$892,0009.0K
57HONHoneywell International IncCOM0.62%$889,0003.9K
58BACBank of America CorporationCOM0.61%$879,00020.0K
59GSGoldman Sachs Group IncCOM0.60%$853,0001.5K
60KMBKimberly-Clark CorpCOM0.59%$838,0006.4K
61TRVThe Travelers Companies IncCOM0.57%$813,0003.4K
62MDLZMondelez International Inc Class ACOM0.54%$774,00013.0K
63EQIXEquinix IncCOM0.52%$752,000798
64AMTAmerican Tower CorpCOM0.52%$745,0004.1K
65SCHDSchwab US Dividend Equity ETFCOM0.49%$695,00025.5K
66PLDPrologis IncCOM0.48%$689,0006.5K
67PGProcter & Gamble CoCOM0.47%$678,0004.0K
68SCHGSchwab US Large-Cap Growth ETFCOM0.47%$667,00023.9K
69SCHZSchwab US Aggregate Bond ETFCOM0.44%$632,00027.8K
70SCHJSchwab 1 5 Year Corp Bond ETFCOM0.42%$595,00024.4K
71GPCGenuine Parts CoCOM0.39%$553,0004.7K
72SPGSimon Property Group IncCOM0.35%$499,0002.9K
73SCHRSchwab Int-Term US Treasury ETFCOM0.31%$446,00018.4K
74DLRDigital Realty Trust IncCOM0.31%$444,0002.5K
75SCHBSchwab US Broad Market ETFCOM0.30%$431,00019.0K
76SCHOSchwab Short-Term US Treasury ETFCOM0.30%$428,00017.8K
77PSAPublic StorageCOM0.28%$405,0001.4K
78SCHMSchwab US Mid-Cap ETFCOM0.25%$356,00012.9K
79CCICrown Castle International CorpCOM0.24%$340,0003.7K
80AWRAmerican States Water CoCOM0.20%$291,0003.8K
81AVBAvalonBay Communities IncCOM0.19%$271,0001.2K
82SBACSBA Communications CorpCOM0.13%$193,000946
83REZiShares Residential Real Estate Capd ETFCOM0.13%$192,0002.4K
84LMTLockheed Martin CorpCOM0.12%$177,000365
85OPENOpendoor TechnologiesCOM0.01%$16,00010.0K

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 ↗.