BROWN, LISLE/CUMMINGS, INC.

CIK 14745 · View on SEC EDGAR ↗

Portfolio value
$400.4M
#4,358 of 9,443 by 13F value · top 46.2%
Positions
1,021
As of
March 31, 2026 Data as of Q1 2026

Portfolio value QoQ: -1.3% 13F does not disclose cash

Top 10 holdings weight
27.18%
Top 25 holdings weight
46.10%
Positions above 1%
23
Effective number of positions
79.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q1 2026: 1.91% Est. buys $12,081,164 · sells $7,684,123

Median holding: 6.0 quarters Tracked Q4 2024–Q1 2026 · 91.8% still held

New positions
289
Increased
288
Decreased
89
Closed
8
On this page

Performance vs S&P 500

Tracked Q4 2024–Q1 2026
+9.0%
S&P 500 total return (same window)
+11.5%
Excess return
-2.5%

Annualized: +7.2% · S&P 500: +9.2%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 87.2% · Options excluded: 0.0%

Sector breakdown

Industrials
13.5%
Healthcare
13.4%
Technology
13.1%
Communication Services
8.9%
Financial Services
7.0%
Financials
5.2%
Retail
4.7%
Energy
2.8%
Materials
2.3%
Consumer Staples
1.9%
Consumer Discretionary
1.7%
Consumer products
1.6%
Real Estate
1.3%
Utilities
0.8%
Telecommunication
0.7%
Logistics & Transportation
0.6%
Communications
0.5%
Packaging
0.1%
Other/Unmapped
19.7%

Full portfolio 1,021 positions

Type Streak 8Q trend
SPY SPY $16,259,801 4.06% 25,002 $-1,265,543 Down ×3
GOOGL Alphabet Inc. - Class A Common Stock $15,145,869 3.78% 52,670 $-1,516,151 Down ×1
AAPL Apple Inc. - Common Stock $12,693,647 3.17% 50,016 $-804,566 Up ×1
AMZN Amazon.com, Inc. - Common Stock $11,467,871 2.86% 55,063 $-990,989 Up ×5
MSFT Microsoft Corporation - Common Stock $11,183,028 2.79% 30,211 $-3,216,967 Up ×2
ICE Intercontinental Exchange Inc. Common Stock $10,654,776 2.66% 67,744 $-211,606 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $8,969,369 2.24% 31,267 $-623,312 Up ×1
AMGN Amgen Inc. - Common Stock $8,458,872 2.11% 24,041 $624,992 Up ×2
JPM JP Morgan Chase & Co. Common Stock $7,285,040 1.82% 24,766 $-699,755 Down ×1
BIL $6,715,013 1.68% 73,276 $2,228,621 Up ×1
ABBV AbbVie Inc. Common Stock $6,276,005 1.57% 28,857 $-253,901 Up ×2
VRT Vertiv Holdings, LLC Class A Common Stock $6,126,430 1.53% 24,449 $2,207,894 Up ×2
CNI Canadian National Railway Company Common Stock $5,644,955 1.41% 54,928 $230,145 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $5,631,733 1.41% 9,843 $-643,380 Up ×2
CMI Cummins Inc. Common Stock $5,550,752 1.39% 10,317 $306,389 Up ×2
NVDA NVIDIA Corporation - Common Stock $5,246,245 1.31% 30,082 $-22,507 Up ×1
LHX L3Harris Technologies, Inc. Common Stock $5,212,110 1.30% 15,101 $722,250 Down ×1
BRKB $5,050,279 1.26% 10,539 $-174,758 Up ×2
XOM Exxon Mobil Corporation Common Stock $5,032,995 1.26% 29,665 $1,266,973 Down ×1
BSX Boston Scientific Corporation Common Stock $4,754,128 1.19% 75,763 $-2,344,012 Up ×1
ACN Accenture plc Class A Ordinary Shares (Ireland) $4,686,782 1.17% 23,636 $-1,811,712 Down ×1
TMO Thermo Fisher Scientific Inc Common Stock $4,400,668 1.10% 8,953 $-571,592 Up ×2
NFLX Netflix, Inc. - Common Stock $4,198,746 1.05% 43,669 $262,354 Up ×5
MRK Merck & Company, Inc. Common Stock (new) $3,978,351 0.99% 33,073 $516,665 Up ×2
ARCC Ares Capital Corporation - Closed End Fund $3,954,940 0.99% 219,475 $-15,703 Up ×2
ECL Ecolab Inc. Common Stock $3,852,502 0.96% 14,482 $26,536 Down ×1
WPC W. P. Carey Inc. REIT $3,827,087 0.96% 56,314 $236,205 Up ×4
DE Deere & Company Common Stock $3,762,945 0.94% 6,680 $695,686 Up ×2
HON Honeywell International Inc. - Common Stock $3,638,631 0.91% 16,098 $514,070 Up ×5
MRSH Marsh Common Stock $3,537,284 0.88% 20,394 $-237,655 Up ×5
BX Blackstone Inc. Common Stock $3,494,086 0.87% 30,386 $-1,150,152 Up ×5
COST Costco Wholesale Corporation - Common Stock $3,366,389 0.84% 3,378 $497,858 Up ×1
JNJ Johnson & Johnson Common Stock $3,361,540 0.84% 13,752 $550,744 Up ×2
TXN Texas Instruments Incorporated - Common Stock $3,156,695 0.79% 16,260 $338,543 Up ×1
CVX Chevron Corporation Common Stock $3,118,072 0.78% 15,070 $629,700 Down ×1
LLY Eli Lilly and Company Common Stock $3,083,915 0.77% 3,353 $-483,937 Up ×1
VEEV Veeva Systems Inc. Class A Common Stock $3,058,768 0.76% 17,413 $-1,129,696 Down ×1
SUB $2,974,226 0.74% 27,927 $-5,585
RTX RTX Corporation Common Stock $2,948,091 0.74% 15,283 $33,865 Down ×1
V Visa Inc. $2,749,462 0.69% 9,097 $-328,351 Up ×1
XLI XLI $2,468,647 0.62% 15,264 $72,353 Down ×1
TSLA Tesla, Inc. - Common Stock $2,357,642 0.59% 6,342 $-324,942 Up ×2
SYK Stryker Corporation Common Stock $2,336,275 0.58% 7,110 $-80,433 Up ×1
NVO Novo Nordisk A/S Common Stock $2,175,747 0.54% 59,204 $-831,007 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $2,025,964 0.51% 12,637 $-223,486 Up ×1
CL Colgate-Palmolive Company Common Stock $1,997,791 0.50% 23,440 $147,617 Up ×2
SPYI $1,997,017 0.50% 40,450 $316,057 Up ×2
NOC Northrop Grumman Corporation Common Stock $1,981,975 0.49% 2,905 $325,458
PEP PepsiCo, Inc. - Common Stock $1,935,666 0.48% 12,465 $150,863 Up ×5
BAC Bank of America Corporation Common Stock $1,909,994 0.48% 39,179 $-229,331 Up ×2
LMT Lockheed Martin Corporation Common Stock $1,901,567 0.47% 3,146 $177,162 Down ×1
PFE Pfizer, Inc. Common Stock $1,880,932 0.47% 66,985 $216,700 Up ×2
SCHW Charles Schwab Corporation (The) Common Stock $1,844,723 0.46% 19,629 $-87,925 Up ×2
CAT Caterpillar, Inc. Common Stock $1,832,786 0.46% 2,587 $324,419 Down ×1
SYY Sysco Corporation Common Stock $1,814,136 0.45% 25,433 $-67,391 Down ×2
VHT $1,774,230 0.44% 6,515 $80,233 Up ×2
MINT $1,761,886 0.44% 17,519 $-91,795 Down ×3
CSCO Cisco Systems, Inc. - Common Stock $1,752,151 0.44% 22,582 $1,771 Down ×3
EFAA $1,740,628 0.43% 33,004 $73,765 Up ×5
IWF $1,740,138 0.43% 4,081 $-861,592 Down ×1
GLW Corning Incorporated Common Stock $1,722,604 0.43% 12,669 $365,424 Down ×1
VV $1,719,882 0.43% 5,755 $-91,792
VEU $1,708,919 0.43% 22,755 $123,344 Up ×5
WASH Washington Trust Bancorp, Inc. - Common Stock $1,575,892 0.39% 47,098 $202,466 Up ×5
PG Procter & Gamble Company (The) Common Stock $1,538,198 0.38% 10,649 $24,680 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $1,527,104 0.38% 1,156 $343,657 Up ×1
VTI $1,526,781 0.38% 4,759 $-68,736
KO Coca-Cola Company (The) Common Stock $1,518,585 0.38% 19,968 $135,538 Up ×2
TR Tootsie Roll Industries, Inc. Common Stock $1,516,808 0.38% 35,506 $187,820 Down ×3
CSX CSX Corporation - Common Stock $1,512,809 0.38% 36,853 $176,894
NEE NextEra Energy, Inc. Common Stock $1,475,114 0.37% 15,882 $216,169 Up ×1
VZ Verizon Communications Inc. Common Stock $1,467,236 0.37% 29,228 $157,427 Down ×1
VCSH Vanguard Short-Term Corporate Bond ETF $1,456,156 0.36% 18,370 $-36,191 Down ×1
CFG Citizens Financial Group, Inc. Common Stock $1,434,789 0.36% 23,925 $-87,557 Down ×3
BMY Bristol-Myers Squibb Company Common Stock $1,388,360 0.35% 22,891 $147,137 Down ×1
T AT&T Inc. $1,356,446 0.34% 46,790 $117,730 Down ×1
ISRG Intuitive Surgical, Inc. - Common Stock $1,319,893 0.33% 2,863 $-228,632 Up ×5
MMM 3M Company Common Stock $1,318,319 0.33% 9,077 $-134,785 Up ×2
XLP XLP $1,281,839 0.32% 15,636 $61,642 Down ×1
MSA MSA Safety Incorporated Common Stock $1,274,711 0.32% 7,775 $29,622
FDX FedEx Corporation Common Stock $1,258,735 0.31% 3,534 $159,915 Down ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $1,127,234 0.28% 7,706 $-204,469 Up ×2
XLB XLB $1,114,431 0.28% 22,302 $103,035
WRB W.R. Berkley Corporation Common Stock $1,112,178 0.28% 16,780 $-64,436
SHOP Shopify Inc. - Class A Subordinate Voting Shares $1,102,231 0.28% 9,292 $-362,615 Up ×2
PNC PNC Financial Services Group, Inc. (The) Common Stock $1,099,339 0.27% 5,283 $-3,382
TROW T. Rowe Price Group, Inc. - Common Stock $1,067,708 0.27% 11,845 $-255,042 Down ×5
WAT Waters Corporation Common Stock $1,049,149 0.26% 3,523 $-259,365 Up ×2
VGT $1,046,580 0.26% 1,500 $-42,632 Up ×4
TOL Toll Brothers, Inc. Common Stock $1,037,172 0.26% 7,600 $9,500
VTV $1,029,461 0.26% 5,247 $15,877 Down ×1
CVS CVS Health Corporation Common Stock $984,504 0.25% 13,708 $-95,084 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $974,881 0.24% 2,885 $152,649 Up ×1
QQQ Invesco QQQ Trust, Series 1 $951,770 0.24% 1,649 $-61,227
IWM $948,352 0.24% 3,824 $14,175 Up ×1
IJH $942,246 0.24% 13,953 $-424,482 Down ×1
VIS $922,610 0.23% 2,955 $34,929 Down ×1
CRM Salesforce, Inc. Common Stock $919,536 0.23% 4,926 $-379,053 Up ×1
AVGO Broadcom Inc. - Common Stock $918,697 0.23% 2,968 $82,440 Up ×1
EMR Emerson Electric Company Common Stock $907,051 0.23% 6,923 $-15,220 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
AMZN $11,467,871 2.86% up ×5
NFLX $4,198,746 1.05% up ×5
WPC $3,827,087 0.96% up ×4
HON $3,638,631 0.91% up ×5
MRSH $3,537,284 0.88% up ×5
BX $3,494,086 0.87% up ×5
PEP $1,935,666 0.48% up ×5
EFAA $1,740,628 0.43% up ×5
VEU $1,708,919 0.43% up ×5
WASH $1,575,892 0.39% up ×5
ISRG $1,319,893 0.33% up ×5
VGT $1,046,580 0.26% up ×4
CPB $874,057 0.22% up ×5
KMB $857,097 0.21% up ×3
BMEZ $759,909 0.19% up ×5

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
AZN $121,604 617 0.03%
XLSR $88,689 1,536 0.02%
SPDW $82,535 1,808 0.02%
FISR $75,102 2,920 0.02%
GOVT $74,526 3,253 0.02%
SMH $53,676 140 0.01%
SPEM $52,914 1,128 0.01%
FIX $46,886 34 0.01%
SPAB $45,988 1,795 0.01%
SPMD $40,803 689 0.01%
CERY $31,187 885 0.01%
HEI $30,710 112 0.01%
MBB $27,915 294 0.01%
AMCR $27,428 690 0.01%
JNK $27,280 285 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MSFT Bought more +436 -$3.2M
BSX Bought more +1K -$2.3M
BIL Bought more +24K +$2.2M
VRT Bought more +262 +$2.2M
ACN Trimmed -585 -$1.8M
GOOGL Trimmed -563 -$1.5M
XOM Trimmed -2K +$1.3M
SPY Trimmed -698 -$1.3M
BX Bought more +256 -$1.2M
VEEV Trimmed -1K -$1.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
AZEK Sept. 30, 2025 8,150 $442,953 No longer tracked
CE March 31, 2025 6,000 $415,260 -18.0%
ALGN Sept. 30, 2025 1,350 $255,596 28.5%
WBA Sept. 30, 2025 19,426 $223,007 No longer tracked
CGNX Sept. 30, 2025 7,000 $222,040 31.5%
K Dec. 31, 2025 1,312 $107,610 No longer tracked
PARA March 31, 2025 9,975 $104,339
CYBR March 31, 2026 150 $66,909 No longer tracked
BRKL Sept. 30, 2025 4,508 $47,559 No longer tracked
DFS June 30, 2025 220 $37,554 No longer tracked
FALN Dec. 31, 2025 1,200 $33,336
CNP Sept. 30, 2025 900 $33,066 4.3%
DXC March 31, 2026 2,200 $32,230 -13.9%
MDY March 31, 2026 48 $28,957 No longer tracked
ULXXXX Dec. 31, 2025 486 $28,810 No longer tracked
GTLS Dec. 31, 2025 134 $26,820 No longer tracked
FTGC June 30, 2025 924 $23,580
PPT June 30, 2025 6,500 $23,465 -6.5%
DBX March 31, 2025 725 $21,779 27.5%
DKNG March 31, 2025 575 $21,390 -21.5%
EPD Dec. 31, 2025 660 $20,638 19.7%
OBDC Dec. 31, 2025 1,500 $19,155 -8.3%
COWZ June 30, 2025 306 $16,757 No longer tracked
GH Sept. 30, 2025 285 $14,831 166.9%
BERY June 30, 2025 200 $13,962 No longer tracked
HEFA Dec. 31, 2025 330 $13,071 No longer tracked
USPH June 30, 2025 175 $12,663 0.8%
YETI Sept. 30, 2025 400 $12,608 30.7%
SOFI March 31, 2025 800 $12,320 58.1%
HIX Sept. 30, 2025 2,749 $11,793 -8.5%
FSK Dec. 31, 2025 776 $11,586 -18.2%
GOGL Sept. 30, 2025 1,500 $10,980 No longer tracked
AWR Dec. 31, 2025 141 $10,338 23.5%
INGR Dec. 31, 2025 82 $10,013 -2.6%
THO June 30, 2025 125 $9,476 -12.0%
LCIDXXXX Sept. 30, 2025 4,475 $9,442 No longer tracked
FTCS Dec. 31, 2025 93 $8,709
CMG Sept. 30, 2025 150 $8,446 -12.5%
AFRM Sept. 30, 2025 120 $8,297 4.4%
RDVY Dec. 31, 2025 122 $8,206
VCIT Dec. 31, 2025 88 $7,402
MVT March 31, 2026 668 $7,221 No longer tracked
Z Sept. 30, 2025 90 $6,305 -53.3%
SNV March 31, 2026 125 $6,256 No longer tracked
TNL June 30, 2025 125 $5,786 38.5%
FLG March 31, 2025 604 $5,635 17.8%
HUN March 31, 2025 300 $5,409 -35.3%
SMH Dec. 31, 2025 15 $4,895 55.4%
CNC June 30, 2025 78 $4,735 17.8%
AB March 31, 2025 124 $4,599 -5.0%
PCG June 30, 2025 255 $4,381 30.0%
KVUE Dec. 31, 2025 266 $4,324 10.8%
DEO March 31, 2026 50 $4,314 25.6%
GIGB Dec. 31, 2025 92 $4,295 No longer tracked
ROKU Sept. 30, 2025 45 $3,955 57.1%
IEV Dec. 31, 2025 59 $3,863 No longer tracked
BAX March 31, 2025 120 $3,499 -22.2%
TDOC Dec. 31, 2025 450 $3,479 -4.4%
IT June 30, 2025 8 $3,358 -51.9%
ELV Sept. 30, 2025 8 $3,232 22.2%
NET March 31, 2025 30 $3,230 152.3%
KDP Dec. 31, 2025 121 $3,092 12.5%
HRB Sept. 30, 2025 56 $3,084 5.0%
FERG June 30, 2025 19 $3,044 10.0%
ADPT Dec. 31, 2025 200 $2,992 59.3%
MJXXXX March 31, 2025 1,300 $2,912 No longer tracked
MFG March 31, 2026 370 $2,708 28.2%
CHPTXXXX Sept. 30, 2025 3,800 $2,673 No longer tracked
WSO June 30, 2025 5 $2,542 -28.9%
HBI March 31, 2025 300 $2,442 No longer tracked
APP June 30, 2025 8 $2,120 -9.6%
HBI Dec. 31, 2025 300 $1,977 No longer tracked
EXPI June 30, 2025 200 $1,956 No longer tracked
PATH Sept. 30, 2025 150 $1,920 16.9%
EIX June 30, 2025 30 $1,768 44.5%
ILMN March 31, 2025 12 $1,604 165.7%
ZIMV Dec. 31, 2025 82 $1,553 No longer tracked
KNX Sept. 30, 2025 31 $1,371 74.2%
SPR Dec. 31, 2025 35 $1,369 No longer tracked
LULU Sept. 30, 2025 6 $1,368 -33.9%
WEC March 31, 2025 13 $1,223 0.5%
GUNR March 31, 2025 33 $1,200 No longer tracked
CHTR Dec. 31, 2025 4 $1,100 -26.7%
BGS March 31, 2026 250 $1,075 -27.1%
BNTX June 30, 2025 11 $1,002 1.9%
NFRA March 31, 2025 18 $976 No longer tracked
RH June 30, 2025 4 $938 -13.8%
KD March 31, 2025 24 $830 -60.6%
BWX June 30, 2025 36 $787 No longer tracked
NVAX Dec. 31, 2025 90 $780 24.3%
FTAI June 30, 2025 7 $777 78.0%
ARE June 30, 2025 8 $740 -30.3%
ANSS Sept. 30, 2025 2 $702 No longer tracked
BBY June 30, 2025 9 $662 30.5%
PTON Dec. 31, 2025 73 $653 -10.3%
MAGN Dec. 31, 2025 55 $645 -21.2%
WPP Sept. 30, 2025 15 $540 6.2%
MNDY Dec. 31, 2025 3 $500 -38.5%
RDDT June 30, 2025 4 $420 -1.5%
ODFL Sept. 30, 2025 2 $325 43.9%
SNDK Sept. 30, 2025 6 $272 1300.3%
FTRE Sept. 30, 2025 50 $247 116.0%
DXCM June 30, 2025 3 $205 4.3%
KD Sept. 30, 2025 4 $168 -58.8%
BIIB June 30, 2025 1 $137 75.2%
DUK June 30, 2025 1 $122 5.1%
UTFRT Dec. 31, 2025 1,276 $100 No longer tracked