Institutional Manager · CIK 0001089707
LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA
LONG BEACH, CA · File #028-05243
Latest AUM
$148,981
Positions
83
Top-10 Concentration
48.0%
Filings
9
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 | Netflix Inc | NFLX | +15,318 | +$1,437 | -$1,973 |
| NEW | Airbnb Inc | ABNB | +9,166 | +$1,244 | $0 |
| REDUCE | Apple Inc | AAPL | -3,411 | -$927 | +$894 |
| EXITED | Bristol-Myers Squibb Company | 110122108 | -19,787 | -$892 | $0 |
| NEW | Otis Worldwide Corp | OTIS | +10,077 | +$880 | $0 |
| EXITED | Kimberly-Clark Corp | 494368103 | -7,044 | -$876 | $0 |
| REDUCE | NVIDIA Corp | NVDA | -4,417 | -$824 | -$4 |
| REDUCE | Schwab US REIT ETF | 808524847 | -34,011 | -$711 | -$35 |
| REDUCE | Alphabet Inc A | GOOG | -2,184 | -$684 | +$1,640 |
| REDUCE | Microsoft Corp | MSFT | -1,146 | -$554 | -$813 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202583 pos · $148,981
- 13F HOLDINGS REPORTQ/E Sep 202585 pos · $154,046
- 13F HOLDINGS REPORTQ/E Jun 202583 pos · $151,154
- 13F HOLDINGS REPORTQ/E Mar 202581 pos · $136,590
- 13F HOLDINGS REPORTQ/E Dec 202485 pos · $143,242
- 13F HOLDINGS REPORTQ/E Sep 202484 pos · $142,132
- 13F HOLDINGS REPORTQ/E Jun 202484 pos · $138,237
- 13F HOLDINGS REPORTQ/E Mar 202489 pos · $143,916
- 13F HOLDINGS REPORTQ/E Dec 202386 pos · $125,847
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Apple Inc | AAPL | 48,450 | $13,172 | 10.25% |
| 2 | Microsoft Corp | MSFT | 22,548 | $10,905 | 8.49% |
| 3 | NVIDIA Corp | NVDA | 46,714 | $8,712 | 6.78% |
| 4 | Alphabet Inc A | GOOG | 21,267 | $6,657 | 5.18% |
| 5 | Amazon.com Inc | AMZN | 21,701 | $5,009 | 3.90% |
| 6 | Broadcom Inc Com | AVGO | 11,500 | $3,980 | 3.10% |
| 7 | Meta Platforms | META | 6,021 | $3,974 | 3.09% |
| 8 | Visa Inc Class A | V | 9,561 | $3,353 | 2.61% |
| 9 | Berkshire Hathaway Inc B | BRK-A | 5,925 | $2,978 | 2.32% |
| 10 | JPMorgan Chase & Co | VYLD | 9,044 | $2,914 | 2.27% |
| 11 | BlackRock Inc | BLK | 2,673 | $2,861 | 2.23% |
| 12 | Johnson & Johnson | JNJ | 13,256 | $2,743 | 2.14% |
| 13 | Automatic Data Processing Inc | ADP | 10,403 | $2,676 | 2.08% |
| 14 | AbbVie Inc | ABBV | 10,755 | $2,457 | 1.91% |
| 15 | SPDR Gold Shares | GLD | 6,140 | $2,433 | 1.89% |
| 16 | Chubb Ltd | CB | 7,510 | $2,344 | 1.82% |
| 17 | NextEra Energy Inc | NEE-PW | 27,648 | $2,220 | 1.73% |
| 18 | S&P Global Inc | SPGI | 4,185 | $2,187 | 1.70% |
| 19 | Amgen Inc | AMGN | 6,640 | $2,173 | 1.69% |
| 20 | Waste Management Inc | 94106L109 | 9,196 | $2,020 | 1.57% |