# Cannell & Spears LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1426319. Source: https://holderbook.com/funds/1426319-cannell-spears-llc/

- Reported value: $5.6B
- Positions: 445
- Weight of the ten largest: 30.2%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $257.0M | 727,488 | 4.6% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $242.0M | 648,634 | 4.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $208.9M | 721,781 | 3.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $173.3M | 346,294 | 3.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $165.4M | 693,842 | 2.9% | 26 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $150.0M | 447,943 | 2.7% | 10 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $137.8M | 404,394 | 2.5% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $126.0M | 2,958,089 | 2.2% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $124.0M | 347,104 | 2.2% | 31 |
| MILLROSE PPTYS INC | [MRP](https://holderbook.com/stocks/MRP/) | $111.3M | 3,703,408 | 2.0% | 6 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $111.2M | 411,068 | 2.0% | 8 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $96.8M | 356,053 | 1.7% | 24 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $94.9M | 82,226 | 1.7% | 10 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $91.6M | 230,677 | 1.6% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $91.5M | 457,229 | 1.6% | 15 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $90.9M | 39,983 | 1.6% | 1 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $78.0M | 108,315 | 1.4% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $77.3M | 204,580 | 1.4% | 26 |
| TIDAL TRUST III | [BEEX](https://holderbook.com/stocks/BEEX/) | $75.9M | 2,869,636 | 1.3% | 7 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $72.9M | 1,412,453 | 1.3% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $71.6M | 557,332 | 1.3% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $69.0M | 444,607 | 1.2% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $67.2M | 205,233 | 1.2% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $64.4M | 255,977 | 1.1% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $64.2M | 707,022 | 1.1% | 24 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $61.5M | 206,386 | 1.1% | 3 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $58.4M | 1,590,495 | 1.0% | 5 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $57.2M | 27,577 | 1.0% | 10 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $56.5M | 528,015 | 1.0% | 10 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $54.8M | 373,706 | 1.0% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $51.2M | 268,825 | 0.9% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $48.4M | 96,455 | 0.9% | 31 |
| RIVIAN AUTOMOTIVE INC | - | $47.9M | 44,940,000 | 0.9% | 3 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $47.4M | 312,553 | 0.8% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $47.1M | 50,335 | 0.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $43.0M | 169,381 | 0.8% | 31 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $42.0M | 150,037 | 0.7% | 9 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $40.5M | 279,886 | 0.7% | 31 |
| AMCOR PLC | [AMCR](https://holderbook.com/stocks/AMCR/) | $38.7M | 893,756 | 0.7% | 2 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $37.7M | 180,724 | 0.7% | 26 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $36.9M | 210,021 | 0.7% | 10 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $35.8M | 211,202 | 0.6% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $35.6M | 369,357 | 0.6% | 31 |
| ESAB CORPORATION | [ESAB](https://holderbook.com/stocks/ESAB/) | $34.9M | 353,994 | 0.6% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $34.8M | 210,094 | 0.6% | 10 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $34.1M | 102,769 | 0.6% | 25 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $32.0M | 102,082 | 0.6% | 10 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $32.0M | 552,643 | 0.6% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $31.2M | 88,424 | 0.6% | 31 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $30.8M | 273,787 | 0.5% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $30.7M | 41 | 0.5% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $30.2M | 245,409 | 0.5% | 26 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $30.1M | 52,150 | 0.5% | 10 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $29.0M | 956,464 | 0.5% | 8 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $28.8M | 314,209 | 0.5% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $28.7M | 56,236 | 0.5% | 10 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $28.5M | 203,972 | 0.5% | 31 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $27.5M | 202,679 | 0.5% | 26 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $26.8M | 41,987 | 0.5% | 1 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $26.6M | 291,276 | 0.5% | 1 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $26.3M | 119,445 | 0.5% | 24 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $23.7M | 125,107 | 0.4% | 10 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $23.7M | 283,013 | 0.4% | 23 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $23.5M | 288,839 | 0.4% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $22.8M | 77,743 | 0.4% | 31 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $22.5M | 36,099 | 0.4% | 10 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $22.4M | 82,683 | 0.4% | 25 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $22.0M | 196,981 | 0.4% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $21.7M | 158,633 | 0.4% | 31 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $20.7M | 284,931 | 0.4% | 26 |
| AXSOME THERAPEUTICS INC | [AXSM](https://holderbook.com/stocks/AXSM/) | $20.6M | 84,154 | 0.4% | 10 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $20.6M | 39,618 | 0.4% | 9 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $19.9M | 9,554 | 0.4% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $19.7M | 18,543 | 0.4% | 10 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $19.4M | 483,025 | 0.3% | 10 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $19.0M | 209,701 | 0.3% | 10 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $18.6M | 617,290 | 0.3% | 10 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $18.6M | 72,764 | 0.3% | 10 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $18.2M | 81,220 | 0.3% | 31 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $17.6M | 327,010 | 0.3% | 1 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $17.0M | 438,229 | 0.3% | 31 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $16.4M | 68,917 | 0.3% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $16.3M | 120,336 | 0.3% | 31 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $16.0M | 63,854 | 0.3% | 18 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $15.4M | 628,210 | 0.3% | 31 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $15.4M | 39,441 | 0.3% | 10 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $15.0M | 126,985 | 0.3% | 10 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $14.7M | 157,810 | 0.3% | 10 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $13.6M | 236,705 | 0.2% | 31 |
| BROOKFIELD RENEWABLE CORP | [BEPC](https://holderbook.com/stocks/BEPC/) | $13.5M | 364,308 | 0.2% | 7 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $13.4M | 59,732 | 0.2% | 1 |
| CONSTELLIUM SE | [CSTM](https://holderbook.com/stocks/CSTM/) | $13.3M | 416,875 | 0.2% | 10 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.3M | 19,308 | 0.2% | 31 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $13.1M | 59,350 | 0.2% | 1 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $13.1M | 65,443 | 0.2% | 15 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $12.6M | 107,069 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $12.1M | 16,198 | 0.2% | 31 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $12.1M | 102,781 | 0.2% | 10 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $11.3M | 130,774 | 0.2% | 7 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $11.2M | 27,323 | 0.2% | 26 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.4% | +14.8% | -7.5% | 98% |
| Q1 2026 | -1.8% | -4.6% | +2.8% | 98% |
| Q4 2025 | +2.6% | +2.4% | +0.2% | 98% |
| Q3 2025 | +8.8% | +7.8% | +1.0% | 99% |
| Q2 2025 | +7.5% | +10.5% | -2.9% | 99% |
| Q1 2025 | -4.0% | -4.6% | +0.5% | 99% |
| Q4 2024 | -0.8% | +2.1% | -2.9% | 100% |
| Q3 2024 | +5.4% | +5.4% | -0.0% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.6B | 445 |
| Q1 2026 | $5.1B | 420 |
| Q4 2025 | $5.3B | 411 |
| Q3 2025 | $5.3B | 400 |
| Q2 2025 | $5.0B | 393 |
| Q1 2025 | $4.6B | 390 |
| Q4 2024 | $4.9B | 391 |
| Q3 2024 | $5.1B | 401 |
| Q2 2024 | $4.8B | 366 |
| Q1 2024 | $4.8B | 383 |
| Q4 2023 | $1.3B | 214 |
| Q3 2023 | $1.2B | 205 |