Institutional Manager · CIK 0000920441

KELLY LAWRENCE W & ASSOCIATES INC/CA

PASADENA, CA · File #028-04133

Latest AUM

$411.1M

Positions

186

Top-10 Concentration

53.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	Albemarle Corp 7.25 Pfd Ser A	ALB-PA	+11,000	+$647,350	+$298,010
REDUCE	BXP Inc	BXP	-8,550	-$576,954	-$59,682
REDUCE	Alphabet Inc Cap Stk Cl C	GOOG	-1,310	-$411,078	+$2.7M
REDUCE	Exxon Mobil Corp	XOM	-2,800	-$336,952	+$76,530
ADD	Fiserv Inc Com	FISV	+5,000	+$335,850	-$430,776
REDUCE	Advanced Micro Devices	AMD	-1,500	-$321,240	+$222,573
EXITED	Phillips 66 Com	718546104	-1,758	-$239,123	$0
REDUCE	JG Boswell Co	101205102	-347	-$159,153	-$141,621
REDUCE	Lumentum Holdings Inc. Com	LITE	-330	-$121,635	+$255,292
EXITED	Emerson Elec Co	291011104	-800	-$104,944	$0

Sector Allocation

23.2%$95.3M

14.2%$58.2M

5.2%$21.5M

5.1%$20.9M

Consumer Discretionary

4.5%$18.6M

Consumer Staples

2.5%$10.3M

Real Estate

1.7%$7.2M

Energy

1.0%$4.3M

Communication Services

0.1%$308,233

Materials

0.0%$62,184

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 2025186 pos · $411.1M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 2025221 pos · $412.6M
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 2025219 pos · $381.6M
May 14, 202513F HOLDINGS REPORTQ/E Mar 2025229 pos · $411.7M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024238 pos · $428.7M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024242 pos · $443.5M
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 2024252 pos · $438.6M
May 15, 202413F HOLDINGS REPORTQ/E Mar 2024253 pos · $439.5M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 2023236 pos · $372.5M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Alphabet Inc Cap Stk Cl A	GOOG	116,177	$36.4M	9.68%
2	Apple, Inc.	AAPL	113,878	$31.0M	8.24%
3	Advanced Micro Devices	AMD	135,530	$29.0M	7.73%
4	Costco Wholesale	22160K105	23,868	$20.6M	5.48%
5	Capital One Finl Corp	14040H105	75,955	$18.4M	4.90%
6	Visa Inc Cl A	V	40,647	$14.3M	3.79%
7	Intercontinental Exchange Grou	45866F104	85,923	$13.9M	3.70%
8	Broadridge Financial Solutions	11133T103	58,732	$13.1M	3.49%
9	Generac Hldgs Inc.	GNRC	91,547	$12.5M	3.32%
10	Amazon Com Inc Com	AMZN	52,515	$12.1M	3.23%
11	Unitedhealth Group Inc.	UNH	36,054	$11.9M	3.17%
12	Alphabet Inc Cap Stk Cl C	GOOG	37,064	$11.6M	3.10%
13	Roper Technologies Inc	ROP	26,099	$11.6M	3.09%
14	Danaher Corp Del COM	235851102	49,655	$11.4M	3.03%
15	HIMS & HERS Health Inc Com CL	HIMS	342,895	$11.1M	2.96%
16	Icon PLC SHS	ICLR	56,416	$10.3M	2.74%
17	Johnson & Johnson	JNJ	48,631	$10.1M	2.68%
18	Kinsale Cap Group Inc.	49714P108	22,177	$8.7M	2.31%
19	Fiserv Inc Com	FISV	126,345	$8.5M	2.26%
20	Pepsico Inc	PEP	58,469	$8.4M	2.23%