KELLY LAWRENCE W & ASSOCIATES INC/CA

CIK 920441 · View on SEC EDGAR ↗

Portfolio value
$335.2M
#4,843 of 9,443 by 13F value · top 51.3%
Positions
124
As of
March 31, 2026 Data as of Q1 2026

Portfolio value QoQ: -13.1% 13F does not disclose cash

Top 10 holdings weight
52.32%
Top 25 holdings weight
86.90%
Positions above 1%
25
Effective number of positions
24.2

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

Turnover Q1 2026: 8.34% Est. buys $30,052,630 · sells $64,406,896

Median holding: 6.0 quarters Tracked Q4 2024–Q1 2026 · 65.6% still held

New positions
5
Increased
3
Decreased
46
Closed
8
On this page

Performance vs S&P 500

Tracked Q4 2024–Q1 2026
+4.4%
S&P 500 total return (same window)
+11.5%
Excess return
-7.2%

Annualized: +3.5% · 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: 97.5% · Options excluded: 0.0%

Sector breakdown

Technology
30.6%
Communication Services
12.4%
Financial Services
11.6%
Retail
11.5%
Healthcare
11.4%
Industrials
8.7%
Financials
4.4%
Consumer Staples
2.7%
Energy
1.0%
Communications
0.9%
Real Estate
0.6%
Consumer products
0.5%
Utilities
0.4%
Materials
0.3%
Consumer Discretionary
0.1%
Telecommunication
0.1%
Packaging
0.0%
Other/Unmapped
2.7%

Full portfolio 124 positions

Type Streak 8Q trend
GOOGL Alphabet Inc. - Class A Common Stock $30,996,380 9.25% 107,791 $-5,367,021 Down ×5
AAPL Apple Inc. - Common Stock $26,821,565 8.00% 105,684 $-4,137,333 Down ×5
AMD Advanced Micro Devices, Inc. - Common Stock $24,254,349 7.23% 119,227 $-4,770,756 Down ×3
COST Costco Wholesale Corporation - Common Stock $23,573,489 7.03% 23,658 $2,991,203 Down ×5
ICE Intercontinental Exchange Inc. Common Stock $12,829,801 3.83% 81,573 $-1,086,288 Down ×5
COF Capital One Financial Corporation Common Stock $12,690,378 3.79% 69,563 $-5,718,076 Down ×5
V Visa Inc. $11,643,192 3.47% 38,523 $-2,612,117 Down ×4
GNRC Generac Holdlings Inc. Common Stock $11,210,184 3.34% 57,391 $-1,274,080 Down ×5
JNJ Johnson & Johnson Common Stock $11,087,823 3.31% 45,360 $1,023,617 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $10,305,159 3.07% 35,924 $-1,325,524 Down ×5
AMZN Amazon.com, Inc. - Common Stock $10,139,625 3.02% 48,685 $-1,981,887 Down ×1
NOW ServiceNow, Inc. Common Stock $9,788,494 2.92% 93,625 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $9,748,258 2.91% 60,805 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $9,190,319 2.74% 33,964 $-2,711,467 Down ×3
BR Broadridge Financial Solutions, Inc. Common Stock $8,977,832 2.68% 55,255 $-4,129,388 Down ×5
ROP Roper Technologies, Inc. - Common Stock $8,837,300 2.64% 24,974 $-2,780,148 Down ×2
AMAT Applied Materials, Inc. - Common Stock $8,708,809 2.60% 25,480 $1,728,190 Down ×2
PEP PepsiCo, Inc. - Common Stock $8,513,141 2.54% 54,821 $121,682 Down ×2
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $7,908,547 2.36% 84,250 Up ×1
KNSL Kinsale Capital Group, Inc. Common Stock $7,160,169 2.14% 20,957 $-1,513,699 Down ×2
HIMS Hims & Hers Health, Inc. Class A Common Stock $6,735,478 2.01% 324,445 $-4,398,323 Down ×1
RGEN Repligen Corporation - Common Stock $6,050,646 1.80% 51,355 $-628,288 Up ×1
WWD Woodward, Inc. - Common Stock $5,257,487 1.57% 14,689 $579,387 Down ×5
AFL AFLAC Incorporated Common Stock $4,990,927 1.49% 45,492 $-165,408 Down ×1
HD Home Depot, Inc. (The) Common Stock $3,903,924 1.16% 11,870 $-258,654 Down ×5
CSCO Cisco Systems, Inc. - Common Stock $2,734,660 0.82% 35,245 $-563,148 Down ×1
MSFT Microsoft Corporation - Common Stock $2,319,115 0.69% 6,265 $-732,527 Down ×2
CRM Salesforce, Inc. Common Stock $1,996,062 0.60% 10,693 $-939,406 Down ×1
PG Procter & Gamble Company (The) Common Stock $1,726,916 0.52% 11,956 $-387,758 Down ×1
BWEL $1,705,000 0.51% 3,100 $283,170
JPM JP Morgan Chase & Co. Common Stock $1,618,762 0.48% 5,503 $-154,415
SCHW Charles Schwab Corporation (The) Common Stock $1,387,803 0.41% 14,767 $-91,564 Down ×1
RITMPRB $1,369,450 0.41% 56,125 $-164,956 Down ×1
HXL Hexcel Corporation Common Stock $1,289,296 0.38% 15,931 $62,852 Down ×1
ALBPRA $1,284,663 0.38% 17,955 $-207,479 Down ×1
XOM Exxon Mobil Corporation Common Stock $1,235,634 0.37% 7,283 $359,198
VRSN VeriSign, Inc. - Common Stock $1,232,362 0.37% 4,962 $18,827 Down ×1
NEE NextEra Energy, Inc. Common Stock $1,172,610 0.35% 12,625 $674,874 Up ×3
ABBV AbbVie Inc. Common Stock $1,167,051 0.35% 5,366 $-234,050 Down ×3
CVX Chevron Corporation Common Stock $1,165,468 0.35% 5,633 $306,942
WMT Walmart Inc. - Common Stock $932,100 0.28% 7,500 $96,525
ALB Albemarle Corporation Common Stock $858,512 0.26% 4,782 $182,146
WFCPRL $850,505 0.25% 735 $-92,021 Down ×1
EW Edwards Lifesciences Corporation Common Stock $842,842 0.25% 10,525 $-54,414
GILD Gilead Sciences, Inc. - Common Stock $758,730 0.23% 5,444 $59,848 Down ×1
CAT Caterpillar, Inc. Common Stock $693,582 0.21% 979 $132,742
BXP BXP, Inc. Common Stock $661,725 0.20% 12,750 $651,603 Up ×1
AGNCO AGNC Investment Corp. - Depositary Shares, each representing a 1/1,000th interest in a share of Series E Fixed-to-Floating Cumulative Redeemable Preferred Stock $641,222 0.19% 25,690 $-72,163 Down ×2
KIM Kimco Realty Corporation (HC) Common Stock $620,172 0.18% 27,600 $45,518 Down ×1
DE Deere & Company Common Stock $605,547 0.18% 1,075 $105,059
COP ConocoPhillips Common Stock $597,828 0.18% 4,529 $173,868
BRKB $589,895 0.18% 1,231 $-108,286 Down ×1
IBM International Business Machines Corporation Common Stock $581,736 0.17% 2,400 $-131,538 Down ×1
BAC Bank of America Corporation Common Stock $577,492 0.17% 11,846 $-74,038
NSRGY $565,545 0.17% 5,795 $-10,407
COFPRI $558,532 0.17% 29,900 $-411,118 Down ×1
KO Coca-Cola Company (The) Common Stock $527,073 0.16% 6,931 $42,554
TPRA $498,602 0.15% 25,400 $-448,309 Down ×1
AMGN Amgen Inc. - Common Stock $491,886 0.15% 1,398 $34,307
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $409,200 0.12% 4,400 $85,888
LITE Lumentum Holdings Inc. - Common Stock $365,435 0.11% 520 $30,018 Down ×2
WFC Wells Fargo & Company Common Stock $350,284 0.10% 4,400 $-59,796
ABT Abbott Laboratories Common Stock $319,304 0.10% 3,110 $-70,348
RITMPRD $316,290 0.09% 13,000 $-410,295 Down ×1
BAPRA $311,568 0.09% 4,800 $-21,792
FPRB $308,770 0.09% 15,400 $-44,778 Down ×1
INTC Intel Corporation - Common Stock $286,139 0.09% 6,484 $46,879
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $261,226 0.08% 585 $-3,990
PFE Pfizer, Inc. Common Stock $256,370 0.08% 9,130 $29,033
MCD McDonald's Corporation Common Stock $247,803 0.07% 797 $4,115
TMO Thermo Fisher Scientific Inc Common Stock $245,765 0.07% 500 $-43,960
T AT&T Inc. $244,241 0.07% 8,425 $-93,732 Down ×1
HON Honeywell International Inc. - Common Stock $242,530 0.07% 1,073 $33,198
NSC Norfolk Southern Corporation Common Stock $229,600 0.07% 800 $-1,376
ATLCZ Atlanticus Holdings Corporation - 9.25% Senior Notes due 2029 $216,365 0.06% 8,578 $-658
LLY Eli Lilly and Company Common Stock $209,200 0.06% 227 $-35,234
MCK McKesson Corporation Common Stock $207,686 0.06% 240 $10,816
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $203,204 0.06% 263 $202
AIR AAR Corp. Common Stock $194,291 0.06% 1,775 $47,339
TSLA Tesla, Inc. - Common Stock $167,287 0.05% 450 $-35,087
STT State Street Corporation Common Stock $132,888 0.04% 1,050 $-2,572
VZ Verizon Communications Inc. Common Stock $130,871 0.04% 2,607 $24,688
AMT American Tower Corporation (REIT) Common Stock $128,572 0.04% 745 $-2,228
RTX RTX Corporation Common Stock $125,385 0.04% 650 $6,175
MITTPRB $121,551 0.04% 6,105 $-14,554
AVY Avery Dennison Corporation Common Stock $120,876 0.04% 700 $-206,508 Down ×1
MMM 3M Company Common Stock $94,254 0.03% 649 $-9,651
PMTPRA $90,580 0.03% 4,000 $-5,220
GEV GE Vernova Inc. Common Stock $87,290 0.03% 100 $8,208 Down ×2
GEXXXX $85,131 0.03% 300 $-51,942 Down ×1
Unknown issuer (CUSIP: Y1023R104) $82,164 0.02% 6,000 $8,994
CSX CSX Corporation - Common Stock $80,047 0.02% 1,950 $9,360
NFLX Netflix, Inc. - Common Stock $74,516 0.02% 775 Up ×1
FNV Franco-Nevada Corporation $74,115 0.02% 300 $11,931
TJX TJX Companies, Inc. (The) Common Stock $72,663 0.02% 455 $2,770
ET Energy Transfer LP Common Units $69,480 0.02% 3,600 $10,116
RITMPRC $61,182 0.02% 2,700 $-5,967
TTWO Take-Two Interactive Software, Inc. - Common Stock $59,250 0.02% 300 $-17,559
META Meta Platforms, Inc. - Class A Common Stock $57,213 0.02% 100 $-8,796
MDT Medtronic plc. Ordinary Shares $51,990 0.02% 600 $-5,646

Conviction holdings

Positions increased for 3+ consecutive quarters.

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

Security Value % of portfolio Streak
NEE $1,172,610 0.35% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
NOW $9,788,494 93,625 2.92%
PANW $9,748,258 60,805 2.91%
CRDO $7,908,547 84,250 2.36%
NFLX $74,516 775 0.02%
SPY $33,818 52 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
COF Trimmed -6K -$5.7M
GOOGL Trimmed -8K -$5.4M
AMD Trimmed -16K -$4.8M
HIMS Trimmed -18K -$4.4M
AAPL Trimmed -8K -$4.1M
BR Trimmed -3K -$4.1M
COST Trimmed -210 +$3.0M
ROP Trimmed -1K -$2.8M
UNH Trimmed -2K -$2.7M
V Trimmed -2K -$2.6M

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
DHR March 31, 2026 49,655 $11,367,023 12.9%
PAYC June 30, 2025 49,562 $10,828,306 -2.6%
ICLR March 31, 2026 56,416 $10,280,124 56.0%
ENOV June 30, 2025 253,694 $9,693,648 -16.4%
FISV March 31, 2026 126,345 $8,486,594 -7.6%
ADBE Sept. 30, 2025 21,304 $8,242,092 -22.6%
CSGP March 31, 2026 97,259 $6,539,695 -20.6%
OKE March 31, 2025 7,850 $788,140 -4.5%
VOOG March 31, 2026 665 $295,652 No longer tracked
KMB March 31, 2025 1,848 $242,162 -23.7%
PSX Dec. 31, 2025 1,758 $239,123 88.4%
DOW Sept. 30, 2025 8,007 $212,025 43.2%
AWR March 31, 2026 2,780 $201,494 18.1%
EMR Dec. 31, 2025 800 $104,944 17.6%
SLB Dec. 31, 2025 2,804 $96,373 40.2%
UNM Dec. 31, 2025 1,000 $77,780 13.4%
CPT Dec. 31, 2025 500 $53,390 -1.8%
SBSW Dec. 31, 2025 4,547 $51,108 -10.7%
WBD Dec. 31, 2025 2,322 $45,349 -1.4%
CCI Dec. 31, 2025 380 $36,666 -14.5%
DIS Dec. 31, 2025 300 $34,350 -5.8%
SBUX March 31, 2026 400 $33,684 15.7%
CNP June 30, 2025 800 $28,984 7.6%
BP March 31, 2025 971 $28,703 33.9%
APD Dec. 31, 2025 100 $27,272 22.9%
HAL Dec. 31, 2025 1,080 $26,568 25.7%
BDX Dec. 31, 2025 135 $25,268 23.7%
KHC Dec. 31, 2025 850 $22,134 5.1%
EA Dec. 31, 2025 106 $21,380 No longer tracked
EXAS March 31, 2026 200 $20,312 No longer tracked
SOLV Dec. 31, 2025 274 $20,002 11.7%
WHR Dec. 31, 2025 250 $19,650 -42.7%
EWBC June 30, 2025 213 $19,119 29.7%
DLR Dec. 31, 2025 100 $17,288 26.9%
KTB Dec. 31, 2025 189 $15,077 31.8%
HPE Dec. 31, 2025 600 $14,736 123.0%
TG Dec. 31, 2025 1,455 $11,684 12.0%
LFUS Dec. 31, 2025 30 $7,770 64.5%
VEOEY June 30, 2025 400 $6,859 No longer tracked
GEHC Dec. 31, 2025 91 $6,834 -9.7%
VTRS Dec. 31, 2025 677 $6,702 29.0%
FVRR Dec. 31, 2025 250 $6,102 -53.6%
RIO March 31, 2025 100 $5,881 74.3%
TRP Dec. 31, 2025 100 $5,441 15.2%
C June 30, 2025 69 $4,898 54.8%
TDY Dec. 31, 2025 8 $4,688 23.9%
QCOM Dec. 31, 2025 25 $4,159 -5.9%
ATKR Dec. 31, 2025 60 $3,764 48.2%
REZI Dec. 31, 2025 66 $2,850 -42.0%
HSY March 31, 2025 16 $2,710 9.9%
CI March 31, 2025 8 $2,209 -15.9%
JCI March 31, 2025 23 $1,815 81.0%
APAXXXX Dec. 31, 2025 60 $1,457 No longer tracked
DELL March 31, 2025 7 $807 381.9%
DXC Dec. 31, 2025 51 $695 -27.2%
SOBO Dec. 31, 2025 20 $566 39.8%
GTX Dec. 31, 2025 40 $545 54.4%
PNR March 31, 2025 5 $503 -26.6%
NVT March 31, 2025 5 $341 198.0%
BHF March 31, 2025 3 $144 -8.1%
KD March 31, 2025 1 $35 -60.5%
ADNT March 31, 2025 2 $34 57.0%