BROWN, LISLE/CUMMINGS, INC.
SEC Form 13F institutional filer · CIK 0000014745
13F-HR · 427 reported holdings · 2026-03-31
Reported long-US-equity value
$0.33B
Top-10 concentration
32.9%
BROWN, LISLE/CUMMINGS, INC. — $330M AUM allocation strategy
BROWN, LISLE/CUMMINGS, INC. files SEC Form 13F and reports $330M of long US equity value across 427 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 10.3%, followed by Communication Services 9.0% and Financials 7.0%.
The top 10 holdings account for 33% of reported value — a broadly spread portfolio. 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.
BROWN, LISLE/CUMMINGS, INC. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$330M
total across 427 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
33% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BLK +6K sh · +$285K+$KMB +3.06K sh · +$270K+$BKR +2.23K sh · +$136K
Biggest trims (shares)
−$DOW −5.85K sh · +$54.4K−$IVV −5.42K sh · −$502K−$DVN −4.42K sh · −$73.5K
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
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)
- Interactive Media & Services9.0%—
- Biotechnology4.5%—
- Technology Hardware, Storage & Peripherals3.8%—
- Broadline Retail3.5%—
- Systems Software3.4%—
- Financial Exchanges & Data3.3%—
- Diversified Banks2.2%—
- Electrical Components & Equipment1.8%—
- Other holdings68.5%—
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
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOG | Alphabet Inc. Class C Capital Stock | 52.7K | $15.1M | -563 | 4.6% |
| $AAPL | Apple Inc | 50K | $12.7M | +365 | 3.9% |
| $AMZN | Amazon.com Inc | 55.1K | $11.5M | +1.09K | 3.5% |
| $MSFT | Microsoft Corporation | 30.2K | $11.2M | +436 | 3.4% |
| $ICE | Intercontinental Exchange Inc | 67.7K | $10.7M | +651 | 3.2% |
| $GOOGL | Alphabet Inc | 31.3K | $8.97M | +698 | 2.7% |
| $AMGN | Amgen Inc | 24K | $8.46M | +107 | 2.6% |
| $JPM | JP Morgan Chase & Co | 24.8K | $7.29M | -15 | 2.2% |
| $ABBV | AbbVie Inc | 28.9K | $6.28M | +278 | 1.9% |
…and 418 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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