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BECK MACK & OLIVER LLC

SEC Form 13F institutional filer · CIK 0000010742

13F-HR · 124 reported holdings · 2026-03-31

SEC-registered investment advisor.

Reported long-US-equity value

$3.38B

Top-10 concentration

61.3%

BECK MACK & OLIVER LLC — $3.38B AUM allocation strategy

BECK MACK & OLIVER LLC files SEC Form 13F and reports $3.38B of long US equity value across 124 reported holdings for 2026-03-31.

Its largest sector bet is Financials 37.7%, followed by Health Care 13.1% and Communication Services 9.9%.

The top 10 holdings account for 61% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

BECK MACK & OLIVER LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$3.38B

total across 124 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

61% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$CSGP$AJG$BX

+$CSGP +702K sh · −$31.5M+$AJG +184K sh · +$2.64M+$BX +110K sh · −$71.5M

Biggest trims (shares)

$WBD$GOOGL$ROP

−$WBD −662K sh · −$20.7M−$GOOGL −77.9K sh · −$49.3M−$ROP −67.9K sh · −$45.1M

Added from nil (new positions)

$MAR$VLO$CL$INTU$APD

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$CVS$ORCL$SRE$BKNG$ADSK

$CVS ($1.69M last qtr)$ORCL ($802K last qtr)$SRE ($402K last qtr)$BKNG ($230K last qtr)$ADSK ($219K last qtr)

Sector allocation (share of reported value)

Financials 38%Health Care 13%Communication Services 10%Information Technology 8%Industrials 7%Consumer Discretionary 5%Real Estate 3%Other holdings 16%SECTORS
  • $XLFFinancials37.7%
  • $XLVHealth Care13.1%
  • $XLCCommunication Services9.9%
  • $XLKInformation Technology7.8%
  • $XLIIndustrials7.4%
  • $XLYConsumer Discretionary5.0%
  • $XLREReal Estate3.5%
  • Other holdings15.7%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Asset Management & Custody Banks 17%Interactive Media & Services 10%Insurance Brokers 7%Systems Software 6%Building Products 6%Investment Banking & Brokerage 6%Health Care Services 5%Life Sciences Tools & Services 4%Other holdings 40%INDUSTRIES
  • Asset Management & Custody Banks16.8%
  • Interactive Media & Services9.9%
  • Insurance Brokers6.8%
  • Systems Software6.1%
  • Building Products5.7%
  • Investment Banking & Brokerage5.7%
  • Health Care Services4.9%
  • Life Sciences Tools & Services3.8%
  • Other holdings40.2%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$APOApollo Global Management Inc2.76M$308M+3839.1%
$GOOGLAlphabet Inc921K$264M-77.9K7.8%
$BXBlackstone Inc2.26M$260M+110K7.7%
$AJGArthur J. Gallagher & Co1.06M$230M+184K6.8%
$MSFTMicrosoft Corporation556K$206M-11.2K6.1%
$FERGFerguson Enterprises Inc833K$194M-10.8K5.7%
$SCHWCharles Schwab Corporation2.06M$193M-21.5K5.7%
$LHLabcorp Holdings Inc617K$165M-10.4K4.9%
$WATWaters Corporation432K$129M+41.6K3.8%
$AXPAmerican Express Company408K$123M-1.52K3.7%

…and 114 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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