Lederer & Associates Investment Counsel/Ca Portfolio Shifts in Q3 2026
Lederer & Associates Investment Counsel/Ca's portfolio analysis for the quarter ending September 30, 2026, shows significant changes in holdings, with a focus on Technology and Financial Services sectors.
According to the latest portfolio filing from Lederer & Associates Investment Counsel/Ca, covering the period up to September 30, 2026, the investment strategy involved notable adjustments across various sectors. The portfolio, valued at $155,092, maintains a diversified approach with holdings in Technology, Financial Services, Communication Services, Healthcare, Consumer Cyclical, Industrials, and Energy, as detailed in the sector allocations.
The Technology sector remains a cornerstone of the portfolio, accounting for 33.56% of the total value. Within this sector, the investor maintained a strong position in Apple Inc (AAPL), which still represents 8.83% allocation, despite a slight reduction in shares (-10.03%) during the quarter. Similarly, NVIDIA Corp (NVDA) allocation held steady at 6.67%, while Microsoft Corp (MSFT) saw a minimal decrease of 3.15% in its 7.29% allocation.
On the buying front, Space Exploration Technologies (SPCX) stands out as a significant new position, adding 0.72% to the portfolio. Other substantial new additions include Viking Holdings Ltd. ORD SHS (VIK) (0.33%) and Reddit Inc (RDDT) (0.23%). Furthermore, the investor significantly boosted positions in CrowdStrike Holdings Inc (CRWD) (1.1%) and Honeywell International Inc (HON) (0.52%), indicating confidence in these sectors.
In contrast, the investor also made strategic reductions in certain holdings. Apple Inc (AAPL) experienced a notable decrease in shares (-10.03%), though its allocation percentage remained unchanged. NVIDIA Corp (NVDA) and Uber Technologies Inc (UBER) also saw share reductions, impacting their respective allocations. However, the most significant reduction occurred in Amazon.com Inc (AMZN), which decreased by 2.69% in allocation, reflecting a larger-than-average sell.
The portfolio's overall allocation saw shifts in other sectors as well. Communication Services allocation increased slightly to 8.87%, while Healthcare and Consumer Cyclical saw minor reductions. The Energy sector allocation remained relatively small at 2.22%, but the investor added shares to Chevron Corp (CVX), increasing its allocation by 0.67%. Conversely, the Energy sector also saw a reduction in Chevron Corp (CVX) allocation, decreasing by 0.67%.
In summary, Lederer & Associates Investment Counsel/Ca's portfolio for the quarter ending September 30, 2026, featured substantial additions to Industrials and Technology sectors, alongside strategic reductions in Consumer Cyclical and a notable decrease in its Apple Inc position. The portfolio's structure and performance indicators, including its 88 holdings and top 5 weight percentage, provide further context for the investment strategy.