HOERTKORN RICHARD CHARLES
SEC Form 13F institutional filer · CIK 0001598177
13F-HR · 59 reported holdings · 2026-03-31
Reported long-US-equity value
$0.12B
Top-10 concentration
63.6%
HOERTKORN RICHARD CHARLES — $117M AUM allocation strategy
HOERTKORN RICHARD CHARLES files SEC Form 13F and reports $117M of long US equity value across 59 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 27.8%, followed by Energy 13.6% and Industrials 12.9%.
The top 10 holdings account for 64% 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.
HOERTKORN RICHARD CHARLES — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$117M
total across 59 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
64% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$KMI −304K sh · −$7.25M−$MRVL −200K sh · −$16.1M−$BAC −158K sh · −$9.39M
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
$COP ($1.24M last qtr)$BX ($154K last qtr)$KMB ($63K last qtr)
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)
- Diversified Banks12.0%—
- Interactive Media & Services10.2%—
- Aerospace & Defense8.6%—
- Technology Hardware, Storage & Peripherals8.5%—
- Systems Software8.4%—
- Semiconductors7.9%—
- Oil & Gas Storage & Transportation5.3%—
- Oil & Gas Exploration & Production4.5%—
- Other holdings34.7%—
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 ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOG | Alphabet Inc. Class C Capital Stock | 41.3K | $11.9M | -23.1K | 10.2% |
| $AAPL | Apple Inc | 39.2K | $9.95M | -51.1K | 8.5% |
| $MSFT | Microsoft Corporation | 26.6K | $9.84M | -12.7K | 8.4% |
| $JPM | JP Morgan Chase & Co | 28.8K | $8.48M | -20.6K | 7.3% |
| $MRVL | Marvell Technology Inc | 67.1K | $6.64M | -200K | 5.7% |
| $GE | GE Aerospace | 22.5K | $6.4M | -42.1K | 5.5% |
| $KMI | Kinder Morgan Inc | 184K | $6.16M | -304K | 5.3% |
| $BAC | Bank of America Corporation | 113K | $5.52M | -158K | 4.7% |
| $GEV | GE Vernova Inc | 5.8K | $5.07M | -9.45K | 4.3% |
| $HD | Home Depot Inc | 12.8K | $4.21M | -7.06K | 3.6% |
…and 49 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.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.