Bernzott Capital Advisors
Camarillo, CA
$250m in 35 US stocks at the end of 30 June 2026. The top 10 are 49.1% of the money. It changed about 18.5% of the portfolio this quarter.
Value
$250m
Stocks
35
Top 10 share
49.1%
Turnover
18.5%
What changed this quarter
New
Bought for the first time this quarter.
- SyscoSYY1.7% of the fund
- Vanguard Specialized FundsVIG1.3% of the fund
Added
Bought more of a stock they already held.
- Vanguard Intl Equity Index FVT20.1% of the fund+205%
- CVB FinancialCVBF3.9% of the fund+3%
- Vanguard BD Index FDSBND3.8% of the fund+37%
- Janus International GroupJBI2.7% of the fund+12%
- Hillman SolutionsHLMN2.6% of the fund+2%
- RayonierRYN2.5% of the fund+3%
- HCI GroupHCI2.5% of the fund+2%
- Halozyme TherapeuticsHALO2.4% of the fund+12%
- WillScot HoldingsWSC2.2% of the fund+15%
- Encompass HealthEHC2.0% of the fund+7%
- MarzettiMZTI1.8% of the fund+24%
- Vanguard Calif TAX Free FDSVTEC1.7% of the fund+41%
- PoolPOOL0.5% of the fund+93%
Cut
Sold some of their stake.
- Vishay IntertechnologyVSH4.3% of the fund-57%
- MP MaterialsMP3.3% of the fund-15%
- ArchrockAROC2.9% of the fund-29%
- Kite Realty Group TrustKRG2.8% of the fund-9%
- Granite ConstructionGVA2.7% of the fund-22%
- Silgan HoldingsSLGN2.7% of the fund-23%
- Howard Hughes HoldingsHHH2.5% of the fund-3%
- Columbus MckinnonCMCO2.4% of the fund-12%
- TIC SolutionsTIC2.4% of the fund-10%
- Becton DickinsonBDX2.3% of the fund-16%
- Johnson & JohnsonJNJ2.3% of the fund-27%
- NNN ReitNNN2.2% of the fund-11%
- American TowerAMT2.1% of the fund-24%
- Terreno RealtyTRNO2.1% of the fund-11%
- EnovisENOV2.1% of the fund-14%
- J&J Snack FoodsJJSF2.1% of the fund-20%
- National Fuel GasNFG2.0% of the fund-3%
- Viper EnergyVNOM2.0% of the fund-16%
- Lamb Weston HoldingsLW1.7% of the fund-33%
- Devon EnergyDVN1.6% of the fund-23%
Sold out
Sold their entire stake.
- Vanguard Index FDSVOO-100%
- Canadian Natural ResourcesCNQ-100%
- OracleORCL-100%
- MicrosoftMSFT-100%
- TeslaTSLA-100%
Holdings
- Vanguard Intl Equity Index FVT
- Share
- 20.1%
- Value
- $50m
- Shares
- 320,364
+205%
- Vanguard BD Index FDSBND
- Share
- 3.8%
- Value
- $9m
- Shares
- 128,896
+37%
- Vanguard Calif TAX Free FDSVTEC
- Share
- 1.7%
- Value
- $4m
- Shares
- 42,692
+41%
- Vanguard Specialized FundsVIG
- Share
- 1.3%
- Value
- $3m
- Shares
- 13,916
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Intl Equity Index FVT | 20.1% | $50m | 320,364 | +205% |
| Vishay IntertechnologyVSH | 4.3% | $11m | 199,184 | -57% |
| CVB FinancialCVBF | 3.9% | $10m | 428,089 | +3% |
| Vanguard BD Index FDSBND | 3.8% | $9m | 128,896 | +37% |
| MP MaterialsMP | 3.3% | $8m | 148,363 | -15% |
| ArchrockAROC | 2.9% | $7m | 176,324 | -29% |
| Kite Realty Group TrustKRG | 2.8% | $7m | 248,864 | -9% |
| Granite ConstructionGVA | 2.7% | $7m | 42,688 | -22% |
| Janus International GroupJBI | 2.7% | $7m | 1,200,545 | +12% |
| Silgan HoldingsSLGN | 2.7% | $7m | 143,252 | -23% |
| Hillman SolutionsHLMN | 2.6% | $6m | 769,624 | +2% |
| RayonierRYN | 2.5% | $6m | 297,823 | +3% |
| HCI GroupHCI | 2.5% | $6m | 35,740 | +2% |
| Howard Hughes HoldingsHHH | 2.5% | $6m | 87,412 | -3% |
| Columbus MckinnonCMCO | 2.4% | $6m | 397,294 | -12% |
| Halozyme TherapeuticsHALO | 2.4% | $6m | 76,376 | +12% |
| TIC SolutionsTIC | 2.4% | $6m | 726,992 | -10% |
| Becton DickinsonBDX | 2.3% | $6m | 38,603 | -16% |
| Johnson & JohnsonJNJ | 2.3% | $6m | 22,152 | -27% |
| NNN ReitNNN | 2.2% | $6m | 120,719 | -11% |
| WillScot HoldingsWSC | 2.2% | $5m | 187,753 | +15% |
| American TowerAMT | 2.1% | $5m | 32,238 | -24% |
| Terreno RealtyTRNO | 2.1% | $5m | 80,740 | -11% |
| EnovisENOV | 2.1% | $5m | 252,548 | -14% |
| J&J Snack FoodsJJSF | 2.1% | $5m | 70,469 | -20% |
| Encompass HealthEHC | 2.0% | $5m | 49,721 | +7% |
| National Fuel GasNFG | 2.0% | $5m | 64,287 | -3% |
| Viper EnergyVNOM | 2.0% | $5m | 115,259 | -16% |
| MarzettiMZTI | 1.8% | $5m | 40,347 | +24% |
| Vanguard Calif TAX Free FDSVTEC | 1.7% | $4m | 42,692 | +41% |
| SyscoSYY | 1.7% | $4m | 50,091 | New |
| Lamb Weston HoldingsLW | 1.7% | $4m | 96,022 | -33% |
| Devon EnergyDVN | 1.6% | $4m | 93,778 | -23% |
| Vanguard Specialized FundsVIG | 1.3% | $3m | 13,916 | New |
| PoolPOOL | 0.5% | $1m | 5,806 | +93% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 27.6% since 30 June 2025.
Where the money is
Real estate14.3%
Health care11.1%
Industrials10.9%
Technology8.8%
Everyday goods7.2%
Financial services6.4%
Materials6.0%
Utilities4.9%
Energy3.5%
Other26.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.