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ELCO Management Co., LLC

369 LEXINGTON AVENUE 3RD FLOOR, NEW YORK, NY 10017 • 212-603-7852

Q4 2025 · Filed 2026-02-04
Market Value
$74M
-15.0%
Holdings
75
+2
New Purchases
4
Added To
16
Closed
9
Reduced
34
Top 10 Concentration
61.9%
Turnover
17.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 10.87% 8.40% +2.47% $8M
SCHB 7.01% 4.95% +2.06% $5M
AMZN 9.27% 7.52% +1.74% $7M
MSFT 8.55% 7.77% +0.78% $6M
BA 1.63% 1.03% +0.60% $1M
JNJ 1.39% 0.81% +0.58% $1M
HUBB 2.70% 2.27% +0.43% $2M
ILMN 1.26% 0.83% +0.43% $941K
LOW 0.41% 0.00% +0.41% $304K
MAR 1.45% 1.05% +0.40% $1M
AXP 0.70% 0.30% +0.39% $518K
AMTB 0.31% 0.00% +0.31% $232K
VIG 0.31% 0.00% +0.31% $229K
GLW 1.68% 1.40% +0.28% $1M
CMI 1.02% 0.74% +0.28% $758K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PAA 0.39% 3.26% -2.87% $289K
WMB 10.58% 13.18% -2.60% $8M
WES 0.00% 2.45% -2.45% $0
GEL 1.00% 3.29% -2.29% $744K
EPD 0.96% 1.88% -0.92% $715K
IYW 0.00% 0.51% -0.51% $0
CNM 0.42% 0.91% -0.48% $315K
WFC-PL 0.00% 0.42% -0.42% $0
OKE 0.89% 1.26% -0.37% $664K
HXL 4.48% 4.83% -0.35% $3M
MAS 0.00% 0.25% -0.25% $0
HESM 0.29% 0.51% -0.22% $217K
SFNC 0.00% 0.22% -0.22% $0
LNKB 0.00% 0.22% -0.22% $0
USA 0.00% 0.20% -0.20% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Energy 28.0%
Technology 17.5%
Industrials 15.0%
Financial Services 12.3%
Consumer Cyclical 12.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 15 $30M 40.6%
Large Cap 30 $33M 44.9%
Mid Cap 14 $7M 9.7%
Small Cap 12 $3M 3.9%
Micro Cap 4 $660K 0.9%

Portfolio Analytics

Avg Market Cap
$242.2B
Median Market Cap
$25.1B
Avg P/E
27.2
Median P/E
22.2
Avg Dividend Yield
0.02%
Avg Beta
0.84
# Stocks
64
# ETFs / Funds
11

Top Holdings (75 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 10.87% 29,759 $8M $271.86 $739K +890 +3.1%
2 WMB 10.58% 131,064 $8M $60.11 -$4M -51,111 -28.1%
3 AMZN 9.27% 29,886 $7M $230.82 $310K -118 -0.4%
4 MSFT 8.55% 13,160 $6M $483.63 -$435K +32 +0.2%
5 SCHB 7.01% 198,875 $5M $26.23 $884K +30,369 +18.0%
6 HXL 4.48% 45,086 $3M $73.90 -$894K -22,318 -33.1%
7 HD 3.50% 7,578 $3M $344.08 -$310K +377 +5.2%
8 ABT 2.91% 17,272 $2M $125.29 -$145K +31 +0.2%
9 HUBB 2.70% 4,527 $2M $444.11 $22K -93 -2.0%
10 HON 2.06% 7,879 $2M $195.09 -$217K -452 -5.4%
11 AWK 2.03% 11,605 $2M $130.50 -$257K -1,123 -8.8%
12 GLW 1.68% 14,309 $1M $87.56 $29K -617 -4.1%
13 BA 1.63% 5,603 $1M $217.12 $310K +1,405 +33.5%
14 PG 1.61% 8,369 $1M $143.31 -$37K +320 +4.0%
15 MAR 1.45% 3,471 $1M $310.24 $157K -59 -1.7%
16 CL 1.43% 13,501 $1M $79.02 -$12K +1 +0.0%
17 DIS 1.42% 9,275 $1M $113.77 $7K +122 +1.3%
18 JNJ 1.39% 5,006 $1M $206.95 $326K +1,177 +30.7%
19 ILMN 1.26% 7,176 $941K $131.16 $211K -517 -6.7%
20 MCD 1.20% 2,929 $895K $305.63 $83K +257 +9.6%
21 CSX 1.03% 21,238 $770K $36.25 $7K -237 -1.1%
22 CMI 1.02% 1,484 $758K $510.45 $113K -41 -2.7%
23 GEL 1.00% 47,692 $744K $15.60 -$2M -124,891 -72.4%
24 EPD 0.96% 22,312 $715K $32.06 -$931K -30,346 -57.6%
25 PFE 0.92% 27,507 $685K $24.90 -$83K -2,642 -8.8%
26 OKE 0.89% 9,034 $664K $73.50 -$441K -6,111 -40.4%
27 IXJ 0.88% 6,709 $653K $97.40 $50K -100 -1.5%
28 AXP 0.70% 1,400 $518K $369.95 $252K +600 +75.0%
29 SRE 0.66% 5,571 $492K $88.29 -$59K -554 -9.0%
30 KO 0.64% 6,864 $480K $69.91 $14K -167 -2.4%
31 WMT 0.64% 4,268 $475K $111.41 $36K
32 SWIM 0.63% 73,510 $467K $6.35 -$36K +7,461 +11.3%
33 BRK-B 0.60% 895 $450K $502.65 -$80
34 C 0.58% 3,700 $432K $116.69 -$96K -1,500 -28.9%
35 IWM 0.58% 1,750 $431K $246.16 $12K +20 +1.2%
36 BAH 0.57% 5,000 $422K $84.36 -$78K
37 CSQ 0.56% 21,623 $415K $19.20 -$10K -400 -1.8%
38 QCOM 0.54% 2,350 $402K $171.05 $11K
39 MYFW 0.53% 14,746 $395K $26.81 $56K
40 BAC 0.50% 6,727 $370K $55.00 -$29K -1,000 -12.9%
41 YORW 0.49% 11,401 $363K $31.84 $93K +2,536 +28.6%
42 ITA 0.43% 1,500 $322K $214.69 -$149K -750 -33.3%
43 CNM 0.42% 6,059 $315K $51.97 -$478K -8,669 -58.9%
44 AWR 0.42% 4,330 $314K $72.48 -$22K -250 -5.5%
45 LOW 0.41% 1,260 $304K $241.16 +1,260 NEW
46 PAA 0.39% 16,079 $289K $17.96 -$3M -151,339 -90.4%
47 SFST 0.39% 5,582 $288K $51.52 $41K
48 CWT 0.38% 6,463 $280K $43.33 -$84K -1,480 -18.6%
49 HTO 0.37% 5,593 $274K $48.99 $2K
50 UTG 0.36% 7,250 $265K $36.58 -$30K -200 -2.7%
51 VMI 0.35% 645 $259K $402.32 -$85K -243 -27.4%
52 ITB 0.34% 2,600 $250K $96.30 -$77K -450 -14.8%
53 ECL 0.31% 891 $234K $262.52 -$10K
54 AMTB 0.31% 11,897 $232K $19.51 +11,897 NEW
55 VIG 0.31% 1,040 $229K $219.78 +1,040 NEW
56 FAST 0.30% 5,630 $226K $40.13 -$50K
57 CIVB 0.30% 10,000 $222K $22.22 -$117K -6,687 -40.1%
58 ARTNA 0.30% 7,025 $222K $31.61 -$7K
59 HESM 0.29% 6,295 $217K $34.50 -$232K -6,695 -51.5%
60 DE 0.29% 460 $214K $465.57 $4K
61 HACK 0.27% 2,540 $204K $80.37 -$107K -1,050 -29.2%
62 CVS 0.27% 2,521 $200K $79.36 +2,521 NEW
63 GWRS 0.26% 22,999 $194K $8.45 -$62K -1,855 -7.5%
64 DVAX 0.25% 12,016 $185K $15.38 $59K -655 -5.2%
65 SHBI 0.24% 10,151 $179K $17.68 $13K
66 PROP 0.09% 41,570 $70K $1.69 $44K +28,515 +218.4%
67 WES —% -$2M -54,600 -100.0% SOLD
68 LNKB —% -$192K -26,884 -100.0% SOLD
69 USA —% -$177K -27,884 -100.0% SOLD
70 DSL —% -$168K -13,700 -100.0% SOLD
71 MAS —% -$216K -3,070 -100.0% SOLD
72 SFNC —% -$192K -10,000 -100.0% SOLD
73 IYW —% -$450K -2,300 -100.0% SOLD
74 WFC-PL —% -$368K -298 -100.0% SOLD
75 MCN —% -$104K -16,823 -100.0% SOLD

New Positions

SymbolValue% Port
LOW $304K 0.41%
AMTB $232K 0.31%
VIG $229K 0.31%
CVS $200K 0.27%

Sold Out Positions

SymbolValue% Port
WES —%
DSL —%
MAS —%
USA —%
IYW —%
SFNC —%
WFC-PL —%
MCN —%
LNKB —%
View SEC EDGAR Filings for ELCO Management Co., LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms