Institutional Manager · CIK 0001426319
Cannell & Spears LLC
NEW YORK, NY · File #028-12956
Latest AUM
$5.35B
Positions
411
Top-10 Concentration
45.3%
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 |
|---|---|---|---|---|---|
| REDUCE | AMRIZE LTD | AMRZ | -1,068,205 | -$57.8M | +$6.1M |
| ADD | UNION PAC CORP | UNP | +244,927 | +$56.7M | -$549,536 |
| ADD | FTAI AVIATION LTD | FTAIN | +243,581 | +$47.9M | +$1.3M |
| ADD | REGENERON PHARMACEUTICALS | REGN | +59,316 | +$45.8M | +$6.3M |
| ADD | CHUBB LIMITED | CB | +140,369 | +$43.8M | +$9.0M |
| ADD | BROOKFIELD CORP | 11271J107 | +856,303 | +$39.3M | -$40.9M |
| REDUCE | META PLATFORMS INC | META | -58,382 | -$38.5M | -$5.1M |
| EXITED | PITNEY BOWES INC | 724479100 | -3,364,466 | -$38.4M | $0 |
| REDUCE | UBER TECHNOLOGIES INC | UBER | -454,223 | -$37.1M | -$9.8M |
| ADD | MILLROSE PPTYS INC | 601137102 | +999,646 | +$29.9M | -$9.8M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025411 pos · $5.35B
- 13F HOLDINGS REPORTQ/E Sep 2025400 pos · $5.30B
- 13F HOLDINGS REPORTQ/E Jun 2025393 pos · $4.95B
- 13F HOLDINGS REPORTQ/E Mar 2025390 pos · $4.64B
- 13F HOLDINGS REPORTQ/E Dec 2024391 pos · $4.87B
- 13F HOLDINGS REPORTQ/E Sep 2024401 pos · $5.08B
- 13F HOLDINGS REPORTQ/E Jun 2024375 pos · $4.82B
- 13F HOLDINGS REPORTQ/E Mar 2024383 pos · $4.84B
- 13F HOLDINGS REPORTQ/E Dec 2023205 pos · $1.17B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 747,186 | $361.4M | 9.37% |
| 2 | ALPHABET INC | GOOG | 853,106 | $267.7M | 6.94% |
| 3 | APPLE INC | AAPL | 743,848 | $202.2M | 5.24% |
| 4 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 339,478 | $170.6M | 4.42% |
| 5 | AMAZON COM INC | AMZN | 692,468 | $159.8M | 4.14% |
| 6 | CHUBB LIMITED | CB | 441,151 | $137.7M | 3.57% |
| 7 | ALPHABET INC | GOOG | 390,918 | $122.4M | 3.17% |
| 8 | BROOKFIELD CORP | 11271J107 | 2,659,766 | $122.1M | 3.16% |
| 9 | MILLROSE PPTYS INC | 601137102 | 3,628,052 | $108.4M | 2.81% |
| 10 | VERTIV HOLDINGS CO | VRT | 597,964 | $96.9M | 2.51% |
| 11 | ANALOG DEVICES INC | ADI | 347,313 | $94.2M | 2.44% |
| 12 | CRH PLC | CRH | 704,545 | $87.9M | 2.28% |
| 13 | ORACLE CORP | ORCL-PD | 448,286 | $87.4M | 2.26% |
| 14 | AGNICO EAGLE MINES LTD | AEM | 509,073 | $86.3M | 2.24% |
| 15 | UNION PAC CORP | UNP | 353,746 | $81.8M | 2.12% |
| 16 | GILDAN ACTIVEWEAR INC | GIL | 1,185,929 | $74.1M | 1.92% |
| 17 | TIDAL TRUST III | 45259A761 | 2,827,842 | $73.0M | 1.89% |
| 18 | BROADCOM INC | AVGO | 205,469 | $71.1M | 1.84% |
| 19 | NVIDIA CORPORATION | NVDA | 380,596 | $71.0M | 1.84% |
| 20 | ABBOTT LABS | ABLZF | 564,206 | $70.7M | 1.83% |