MILFORD FUNDS LTD
SEC Form 13F institutional filer · CIK 0001775715
13F-HR · 57 reported holdings · 2026-03-31
Investment fund.
Reported long-US-equity value
$3.48B
Top-10 concentration
51.3%
MILFORD FUNDS LTD — $3.48B AUM allocation strategy
MILFORD FUNDS LTD files SEC Form 13F and reports $3.48B of long US equity value across 57 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 30.1%, followed by Communication Services 11.4% and Health Care 8.6%.
The top 10 holdings account for 51% 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.
MILFORD FUNDS LTD — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$3.48B
total across 57 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
51% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BSX +1.39M sh · +$61M+$NVDA +460K sh · +$71M+$PLD +280K sh · +$37.4M
Biggest trims (shares)
−$BAC −967K sh · −$73.2M−$NEM −584K sh · −$54.7M−$GOOGL −344K sh · −$125M
Exited to nil (held last quarter, gone now)
$CCL ($101M last qtr)$ELV ($46.5M last qtr)$VMC ($28.4M last qtr)$ROP ($21.2M last qtr)$T ($6.96M 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)
- Semiconductors10.9%—
- Interactive Media & Services8.9%—
- Systems Software7.9%—
- Application Software7.4%—
- Telecom Tower REITs7.3%—
- Broadline Retail7.0%—
- Diversified Banks4.5%—
- Health Care Equipment4.0%—
- Other holdings42.1%—
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 |
|---|---|---|---|---|---|
| $MSFT | Microsoft Corporation | 740K | $274M | +63K | 7.9% |
| $AMZN | Amazon.com Inc | 1.18M | $245M | -8.15K | 7.0% |
| $NVDA | NVIDIA Corporation | 1.22M | $213M | +460K | 6.1% |
| $GOOGL | Alphabet Inc | 624K | $179M | -344K | 5.1% |
| $INTU | Intuit Inc | 380K | $165M | +211K | 4.7% |
| $BAC | Bank of America Corporation | 3.19M | $156M | -967K | 4.5% |
| $CCI | Crown Castle Inc | 1.81M | $147M | -89.2K | 4.2% |
| $BSX | Boston Scientific Corporation | 2.21M | $139M | +1.39M | 4.0% |
| $AAPL | Apple Inc | 541K | $137M | -76.1K | 4.0% |
| $META | Meta Platforms Inc | 226K | $129M | +82.4K | 3.7% |
…and 47 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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