CIK 1473182
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Utilities | 18.37% | 8 |
| Chemicals | 15.36% | 5 |
| Road & Rail | 15.04% | 2 |
| Unclassified | 9.19% | 4 |
| Health Care Equipment & Supplies | 8.99% | 3 |
| Pharmaceuticals & Biotechnology | 7.64% | 2 |
| Insurance | 6.58% | 4 |
| Machinery | 5.15% | 4 |
| Paper & Forest Products | 4.14% | 1 |
| Technology Hardware & Equipment | 2.34% | 2 |
| Life Sciences Tools & Services | 2.21% | 2 |
| Distributors | 1.99% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 1.43% | 2 |
| Health Care Providers & Services | 0.67% | 1 |
| Agricultural Products | 0.58% | 1 |
| Banks | 0.31% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CWT | CALIFORNIA WATER SERVICE GROUP | Utilities | 10.14% |
| 2 | MRTN | MARTEN TRANSPORT LTD | Industrials | 8.81% |
| 3 | QGEN | QIAGEN N.V. | Health Care | 7.37% |
| 4 | CLX | CLOROX CO /DE/ | Materials | 7.34% |
| 5 | WERN | WERNER ENTERPRISES INC | Industrials | 6.24% |
| 6 | SOLV | Solventum Corp | Health Care | 6.11% |
| 7 | MASI | MASIMO CORP | Unclassified | 6.07% |
| 8 | KMB | KIMBERLY CLARK CORP | Materials | 4.14% |
| 9 | KVUE | Kenvue Inc. | Materials | 3.98% |
| 10 | HTO | H2O AMERICA | Utilities | 3.20% |
39/43 names classified · sector 90.8% of weight · industry 90.8% · mkt cap 90.8%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 90.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 82.5% of book weight (37/42 names) · unclassified 17.5%: QGEN, MASI, , ARE, IWS. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | CWTCALIFORNIA WTR SVC GROUP | 1,603,748 | $73M | 10.1% | TRIM −12% |
| 2 | MRTNMARTEN TRANS LTD | 4,810,420 | $63M | 8.8% | TRIM −23% |
| 3 | QGENQIAGEN NV | 1,320,250 | $53M | 7.4% | NEW |
| 4 | CLXCLOROX CO DEL | 508,145 | $53M | 7.3% | TRIM −35% |
| 5 | WERNWERNER ENTERPRISES INC | 1,520,525 | $45M | 6.2% | TRIM −22% |
| 6 | SOLVSOLVENTUM CORP | 671,153 | $44M | 6.1% | ADD 5% |
| 7 | MASIMASIMO CORP | 244,704 | $44M | 6.1% | NEW |
| 8 | KMBKIMBERLY-CLARK CORP | 307,915 | $30M | 4.1% | ADD 182% |
| 9 | KVUEKENVUE INC | 1,655,524 | $29M | 4.0% | TRIM −41% |
| 10 | HTOH2O AMERICA | 391,646 | $23M | 3.2% | TRIM −57% |
| 11 | GLGLOBE LIFE INC | 156,919 | $22M | 3.0% | TRIM −32% |
| 12 | ATRAPTARGROUP INC | 155,423 | $20M | 2.7% | TRIM −37% |
| 13 | LNNLINDSAY CORP | 161,722 | $19M | 2.7% | TRIM −9% |
| 14 | EGEVEREST GROUP LTD | 53,568 | $18M | 2.4% | TRIM −4% |
| 15 | BDXBECTON DICKINSON & CO | 106,783 | $17M | 2.3% | TRIM −15% |
| 16 | TMOTHERMO FISHER SCIENTIFIC INC | 30,321 | $15M | 2.1% | ADD 44% |
| 17 | CALAVO GROWERS INC | 569,627 | $15M | 2.0% | ADD 4% |
| 18 | AVAAVISTA CORP | 363,217 | $15M | 2.0% | ADD 14% |
| 19 | HSICHENRY SCHEIN INC | 193,856 | $14M | 2.0% | TRIM −31% |
| 20 | WATWATERS CORP | 40,500 | $12M | 1.7% | ADD 6871% |
| 21 | IEXIDEX CORP | 44,820 | $8M | 1.2% | TRIM −62% |
| 22 | WTRGESSENTIAL UTILS INC | 194,800 | $8M | 1.1% | ADD 55% |
| 23 | CNHCNH INDL N V | 653,123 | $7M | 1.0% | TRIM −29% |
| 24 | NKENIKE INC | 129,003 | $7M | 1.0% | TRIM −10% |
| 25 | PORPORTLAND GEN ELEC CO | 128,448 | $7M | 0.9% | TRIM −58% |
| 26 | AREALEXANDRIA REAL ESTATE EQ IN | 140,637 | $7M | 0.9% | TRIM −27% |
| 27 | DGXQUEST DIAGNOSTICS INC | 24,540 | $5M | 0.7% | TRIM −56% |
| 28 | AVOMISSION PRODUCE INC | 301,576 | $4M | 0.6% | TRIM −39% |
| 29 | SEMRUSH HLDGS INC | 335,139 | $4M | 0.6% | TRIM −20% |
| 30 | RGAREINSURANCE GRP OF AMERICA I | 19,304 | $4M | 0.5% | TRIM −50% |
| 31 | AIGAMERICAN INTL GROUP INC | 51,716 | $4M | 0.5% | NEW |
| 32 | MMM3M CO | 26,446 | $4M | 0.5% | NEW |
| 33 | DOCHEALTHPEAK PROPERTIES INC | 228,769 | $4M | 0.5% | ADD 60% |
| 34 | AAGILENT TECHNOLOGIES INC | 32,921 | $4M | 0.5% | NEW |
| 35 | IWSISHARES TR | 25,440 | $4M | 0.5% | TRIM −58% |
| 36 | MSEXMIDDLESEX WTR CO | 57,187 | $3M | 0.4% | NEW |
| 37 | ELLAUDER ESTEE COS INC | 35,848 | $3M | 0.4% | ADD 1000% |
| 38 | NTRSNORTHERN TR CORP | 15,744 | $2M | 0.3% | TRIM −66% |
| 39 | GGGGRACO INC | 23,367 | $2M | 0.3% | TRIM −25% |
| 40 | AWRAMER STATES WTR CO | 25,872 | $2M | 0.3% | NEW |
| 41 | AWKAMERICAN WTR WKS CO INC NEW | 14,256 | $2M | 0.3% | TRIM −62% |
| 42 | ABTABBOTT LABS | 18,538 | $2M | 0.3% | NEW |
| 43 | DHRDANAHER CORP DEL | 9,961 | $2M | 0.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CWTCALIFORNIA WTR SVC GROUP | 1.5M | 2.0M | 1.7M | 1.8M | 1.8M | 1.6M | $73M |
| MRTNMARTEN TRANS LTD | 3.2M | 5.2M | 5.7M | 6.1M | 6.3M | 4.8M | $63M |
| QGENQIAGEN NV | — | — | — | — | — | 1.3M | $53M |
| CLXCLOROX CO DEL | 359K | 300K | 848K | 695K | 787K | 508K | $53M |
| WERNWERNER ENTERPRISES INC | 3.6M | 2.8M | 2.6M | 2.0M | 1.9M | 1.5M | $45M |
| SOLVSOLVENTUM CORP | 1.4M | 700K | 883K | 697K | 642K | 671K | $44M |
| MASIMASIMO CORP | — | — | — | — | — | 245K | $44M |
| KMBKIMBERLY-CLARK CORP | 509K | 111K | 149K | 205K | 109K | 308K | $30M |
| KVUEKENVUE INC | — | — | — | 713K | 2.8M | 1.7M | $29M |
| HTOH2O AMERICA | 1.3M | 1.2M | 965K | 1.0M | 907K | 392K | $23M |
| GLGLOBE LIFE INC | 1.2M | 555K | 572K | 260K | 232K | 157K | $22M |
| ATRAPTARGROUP INC | 86K | 145K | 73K | 103K | 248K | 155K | $20M |
| LNNLINDSAY CORP | 171K | 67K | 52K | 45K | 179K | 162K | $19M |
| EGEVEREST GROUP LTD | 20K | 16K | 21K | 33K | 56K | 54K | $18M |
| BDXBECTON DICKINSON & CO | 32K | 64K | 252K | 167K | 125K | 107K | $17M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
