Lederer & Associates Investment Counsel
LONG BEACH, CAfiles as LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA
$152m in 84 US stocks at the end of 30 June 2026. The top 10 are 39.8% of the money. It changed about 8.5% of the portfolio this quarter.
Value
$152m
Stocks
84
Top 10 share
39.8%
Turnover
8.5%
What changed this quarter
New
Bought for the first time this quarter.
- ExxonMobil HoldingsXOM1.3% of the fund
- McDonald'sMCD1.1% of the fund
- Charles SchwabSCHW1.1% of the fund
- World Gold TRGLDM0.5% of the fund
- Honeywell InternationalHON0.3% of the fund
- Honeywell AerospaceHONA0.3% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA2.3% of the fund+5%
- Automatic Data ProcessingADP1.7% of the fund+9%
- Schwab Strategic TRSCHG1.1% of the fund+10%
- StrykerSYK1.1% of the fund+9%
- Uber TechnologiesUBER0.9% of the fund+15%
- Home DepotHD0.8% of the fund+7%
- CME GroupCME0.8% of the fund+13%
- PepsiCoPEP0.6% of the fund+28%
- Schwab Strategic TRSCHD0.6% of the fund+23%
- International Business MachinesIBM0.6% of the fund+34%
- ChevronCVX0.5% of the fund+2%
Cut
Sold some of their stake.
- AppleAAPL8.7% of the fund-5%
- AlphabetGOOGL4.8% of the fund-3%
- BroadcomAVGO2.8% of the fund-2%
- AbbVieABBV1.8% of the fund-2%
- CorningGLW1.7% of the fund-47%
- Schwab Strategic TRSCHV1.4% of the fund-11%
- AmgenAMGN1.3% of the fund-10%
- CrowdStrike HoldingsCRWD1.1% of the fund-21%
- BoeingBA0.9% of the fund-3%
- Vertiv HoldingsVRT0.9% of the fund-15%
- StarbucksSBUX0.9% of the fund-3%
- Illinois Tool WorksITW0.8% of the fund-2%
- SyscoSYY0.7% of the fund-2%
- AlphabetGOOG0.6% of the fund-9%
- Travelers CompaniesTRV0.6% of the fund-5%
- Schwab Strategic TRSCHH0.3% of the fund-3%
- Schwab Strategic TRSCHZ0.3% of the fund-2%
- Schwab Strategic TRSCHR0.2% of the fund-2%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- Delta Air LinesDAL-100%
- Honeywell InternationalHON-100%
- Otis WorldwideOTIS-100%
- Vaneck ETF TrustGDX-100%
Holdings
- Spdr Gold TRGLD
- Share
- 1.6%
- Value
- $2m
- Shares
- 6,523
Held
- Schwab Strategic TRSCHV
- Share
- 1.4%
- Value
- $2m
- Shares
- 60,241
-11%
- Schwab Strategic TRSCHG
- Share
- 1.1%
- Value
- $2m
- Shares
- 50,678
+10%
- Schwab Strategic TRSCHP
- Share
- 1.0%
- Value
- $2m
- Shares
- 57,130
Held
- Schwab Strategic TRSCHD
- Share
- 0.6%
- Value
- $972,000
- Shares
- 30,660
+23%
- World Gold TRGLDM
- Share
- 0.5%
- Value
- $705,000
- Shares
- 8,881
New
- Ishares TRREZ
- Share
- 0.4%
- Value
- $654,000
- Shares
- 6,905
Held
- Schwab Strategic TRSCHB
- Share
- 0.4%
- Value
- $593,000
- Shares
- 20,474
Held
- Schwab Strategic TRSCHJ
- Share
- 0.3%
- Value
- $483,000
- Shares
- 19,604
Held
- Honeywell AerospaceHONA
- Share
- 0.3%
- Value
- $432,000
- Shares
- 1,956
New
- Schwab Strategic TRSCHH
- Share
- 0.3%
- Value
- $423,000
- Shares
- 17,882
-3%
- Schwab Strategic TRSCHZ
- Share
- 0.3%
- Value
- $405,000
- Shares
- 17,504
-2%
- Schwab Strategic TRSCHR
- Share
- 0.2%
- Value
- $351,000
- Shares
- 14,225
-2%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $324,000
- Shares
- 434
Held
- Vanguard Charlotte FDSBNDX
- Share
- 0.2%
- Value
- $250,000
- Shares
- 5,165
Held
- Invesco Exch Traded FD TR IIPICB
- Share
- 0.2%
- Value
- $239,000
- Shares
- 10,330
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 8.7% | $13m | 45,733 | -5% |
| NvidiaNVDA | 6.1% | $9m | 46,357 | Held |
| MicrosoftMSFT | 5.6% | $8m | 22,759 | Held |
| AlphabetGOOGL | 4.8% | $7m | 20,505 | -3% |
| Amazon.comAMZN | 3.4% | $5m | 21,397 | Held |
| BroadcomAVGO | 2.8% | $4m | 11,264 | -2% |
| Meta PlatformsMETA | 2.3% | $4m | 6,276 | +5% |
| VisaV | 2.2% | $3m | 9,527 | Held |
| Cisco SystemsCSCO | 2.0% | $3m | 25,825 | Held |
| JPMorgan ChaseJPM | 1.9% | $3m | 8,899 | Held |
| Berkshire HathawayBRK-B | 1.9% | $3m | 5,765 | Held |
| Johnson & JohnsonJNJ | 1.9% | $3m | 11,162 | Held |
| AbbVieABBV | 1.8% | $3m | 10,585 | -2% |
| Automatic Data ProcessingADP | 1.7% | $3m | 11,501 | +9% |
| CorningGLW | 1.7% | $3m | 10,058 | -47% |
| BlackRockBLK | 1.7% | $3m | 2,625 | Held |
| ChubbCB | 1.7% | $3m | 7,367 | Held |
| Spdr Gold TRGLD | 1.6% | $2m | 6,523 | Held |
| NextEra EnergyNEE | 1.6% | $2m | 26,907 | Held |
| LindeLIN | 1.5% | $2m | 4,285 | Held |
| Schwab Strategic TRSCHV | 1.4% | $2m | 60,241 | -11% |
| ExxonMobil HoldingsXOM | 1.3% | $2m | 14,880 | New |
| Waste ManagementWM | 1.3% | $2m | 9,084 | Held |
| Costco WholesaleCOST | 1.3% | $2m | 2,106 | Held |
| AmgenAMGN | 1.3% | $2m | 5,291 | -10% |
| Union PacificUNP | 1.2% | $2m | 6,763 | Held |
| Schwab Strategic TRSCHG | 1.1% | $2m | 50,678 | +10% |
| StrykerSYK | 1.1% | $2m | 5,398 | +9% |
| S&P GlobalSPGI | 1.1% | $2m | 4,173 | Held |
| Martin Marietta MaterialsMLM | 1.1% | $2m | 2,930 | Held |
| CrowdStrike HoldingsCRWD | 1.1% | $2m | 2,176 | -21% |
| McDonald'sMCD | 1.1% | $2m | 6,128 | New |
| Charles SchwabSCHW | 1.1% | $2m | 17,601 | New |
| Schwab Strategic TRSCHP | 1.0% | $2m | 57,130 | Held |
| Uber TechnologiesUBER | 0.9% | $1m | 19,730 | +15% |
| BoeingBA | 0.9% | $1m | 6,408 | -3% |
| Procter & GamblePG | 0.9% | $1m | 9,142 | Held |
| NetflixNFLX | 0.9% | $1m | 18,765 | Held |
| Vertiv HoldingsVRT | 0.9% | $1m | 3,937 | -15% |
| AirbnbABNB | 0.9% | $1m | 9,166 | Held |
| StarbucksSBUX | 0.9% | $1m | 12,672 | -3% |
| Home DepotHD | 0.8% | $1m | 3,656 | +7% |
| MerckMRK | 0.8% | $1m | 9,603 | Held |
| CME GroupCME | 0.8% | $1m | 5,424 | +13% |
| Illinois Tool WorksITW | 0.8% | $1m | 4,352 | -2% |
| American Water Works CompanyAWK | 0.8% | $1m | 8,935 | Held |
| Goldman Sachs GroupGS | 0.8% | $1m | 1,135 | Held |
| MedtronicMDT | 0.7% | $1m | 13,833 | Held |
| SyscoSYY | 0.7% | $1m | 12,766 | -2% |
| WelltowerWELL | 0.7% | $1m | 4,649 | Held |
| PepsiCoPEP | 0.6% | $986,000 | 7,282 | +28% |
| Schwab Strategic TRSCHD | 0.6% | $972,000 | 30,660 | +23% |
| International Business MachinesIBM | 0.6% | $958,000 | 3,406 | +34% |
| BlackstoneBX | 0.6% | $957,000 | 8,135 | Held |
| AlphabetGOOG | 0.6% | $942,000 | 2,665 | -9% |
| Travelers CompaniesTRV | 0.6% | $940,000 | 2,846 | -5% |
| CorpayCPAY | 0.6% | $921,000 | 2,765 | Held |
| PrologisPLD | 0.6% | $903,000 | 6,665 | Held |
| WatersWAT | 0.6% | $891,000 | 2,375 | Held |
| Coca-ColaKO | 0.6% | $838,000 | 10,317 | Held |
| Fair IsaacFICO | 0.5% | $827,000 | 692 | Held |
| ChevronCVX | 0.5% | $720,000 | 4,344 | +2% |
| World Gold TRGLDM | 0.5% | $705,000 | 8,881 | New |
| Bank of AmericaBAC | 0.5% | $684,000 | 12,000 | Held |
| Ishares TRREZ | 0.4% | $654,000 | 6,905 | Held |
| Schwab Strategic TRSCHB | 0.4% | $593,000 | 20,474 | Held |
| American TowerAMT | 0.4% | $585,000 | 3,574 | Held |
| EquinixEQIX | 0.4% | $572,000 | 549 | Held |
| Simon Property GroupSPG | 0.4% | $556,000 | 2,487 | Held |
| Schwab Strategic TRSCHJ | 0.3% | $483,000 | 19,604 | Held |
| Digital Realty TrustDLR | 0.3% | $482,000 | 2,685 | Held |
| Honeywell InternationalHON | 0.3% | $439,000 | 1,960 | New |
| Realty IncomeO | 0.3% | $435,000 | 7,013 | Held |
| Honeywell AerospaceHONA | 0.3% | $432,000 | 1,956 | New |
| Schwab Strategic TRSCHH | 0.3% | $423,000 | 17,882 | -3% |
| Schwab Strategic TRSCHZ | 0.3% | $405,000 | 17,504 | -2% |
| Public StoragePSA | 0.3% | $393,000 | 1,234 | Held |
| Cognizant Technology SolutionsCTSH | 0.2% | $367,000 | 9,483 | Held |
| Eli LillyLLY | 0.2% | $366,000 | 305 | Held |
| EchoStarECHO | 0.2% | $356,000 | 3,510 | Held |
| Schwab Strategic TRSCHR | 0.2% | $351,000 | 14,225 | -2% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $324,000 | 434 | Held |
| Vanguard Charlotte FDSBNDX | 0.2% | $250,000 | 5,165 | Held |
| Invesco Exch Traded FD TR IIPICB | 0.2% | $239,000 | 10,330 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 0.5% since 30 June 2025.
Where the money is
Technology29.4%
Financial services15.3%
Media & telecom8.9%
Health care8.4%
Industrials8.3%
Retail & consumer7.0%
Everyday goods4.1%
Real estate3.3%
Materials2.6%
Utilities2.3%
Energy1.8%
Other8.6%
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.