# Round Hill Asset Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1696438. Source: https://holderbook.com/funds/1696438-round-hill-asset-management/

- Reported value: $159.3M
- Positions: 62
- Weight of the ten largest: 48.4%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $13.5M | 37,380 | 8.5% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $9.8M | 24,098 | 6.2% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $9.2M | 71,350 | 5.8% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $7.7M | 80,326 | 4.9% | 22 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $7.5M | 306,581 | 4.7% | 31 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $6.8M | 86,482 | 4.3% | 31 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $5.9M | 122,031 | 3.7% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $5.8M | 242,134 | 3.7% | 31 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $5.6M | 74,042 | 3.5% | 31 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $5.2M | 60,881 | 3.3% | 23 |
| BEAZER HOMES USA INC | [BZH](https://holderbook.com/stocks/BZH/) | $4.8M | 171,285 | 3.0% | 6 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $4.4M | 31,103 | 2.7% | 24 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $4.1M | 71,646 | 2.6% | 31 |
| BLOCK H & R INC | [HRB](https://holderbook.com/stocks/HRB/) | $4.1M | 106,396 | 2.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.9M | 15,475 | 2.4% | 25 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $3.8M | 48,245 | 2.4% | 31 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $3.4M | 145,231 | 2.2% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.4M | 9,508 | 2.1% | 14 |
| M/I HOMES INC | [MHO](https://holderbook.com/stocks/MHO/) | $3.4M | 20,932 | 2.1% | 25 |
| CONCENTRIX CORP | [CNXC](https://holderbook.com/stocks/CNXC/) | $3.2M | 144,589 | 2.0% | 4 |
| POLARIS INC | [PII](https://holderbook.com/stocks/PII/) | $3.1M | 44,721 | 1.9% | 31 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $3.0M | 12,781 | 1.9% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.4M | 6,415 | 1.5% | 31 |
| FIRST MERCHANTS CORP | [FRME](https://holderbook.com/stocks/FRME/) | $2.4M | 54,531 | 1.5% | 2 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $2.4M | 123,046 | 1.5% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.4M | 113,547 | 1.5% | 10 |
| FLAGSTAR BANK NATIONAL ASSOC | [FLG](https://holderbook.com/stocks/FLG/) | $2.1M | 139,740 | 1.3% | 9 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $1.6M | 13,829 | 1.0% | 26 |
| RIMINI STR INC DEL | [RMNI](https://holderbook.com/stocks/RMNI/) | $1.5M | 342,003 | 0.9% | 10 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $1.4M | 3,149 | 0.9% | 31 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $1.3M | 25,808 | 0.8% | 2 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $1.2M | 5,346 | 0.8% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.2M | 3,611 | 0.8% | 24 |
| HOMETRUST BANCSHARES INC | [HTB](https://holderbook.com/stocks/HTB/) | $1.2M | 24,044 | 0.8% | 31 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $1.2M | 8,244 | 0.7% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.2M | 13,928 | 0.7% | 14 |
| DELUXE CORP MEDIUM TERM NTS | [DLX](https://holderbook.com/stocks/DLX/) | $1.1M | 45,808 | 0.7% | 31 |
| ATKORE INC | [ATKR](https://holderbook.com/stocks/ATKR/) | $1.1M | 13,967 | 0.7% | 7 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $979.0K | 7,952 | 0.6% | 31 |
| INNOSPEC INC | [IOSP](https://holderbook.com/stocks/IOSP/) | $974.6K | 11,974 | 0.6% | 31 |
| MERCANTILE BK CORP | [MBWM](https://holderbook.com/stocks/MBWM/) | $971.8K | 16,925 | 0.6% | 31 |
| 1ST FINL BANCORP | [FFBC](https://holderbook.com/stocks/FFBC/) | $932.2K | 27,556 | 0.6% | 2 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $767.6K | 10,105 | 0.5% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $755.0K | 1,470 | 0.5% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $683.8K | 1,214 | 0.4% | 6 |
| ANHEUSER BUSCH INBEV SA/NV | [BUD](https://holderbook.com/stocks/BUD/) | $610.7K | 7,411 | 0.4% | 26 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $531.6K | 3,392 | 0.3% | 31 |
| HOYNE BANCORP INC | [HYNE](https://holderbook.com/stocks/HYNE/) | $528.2K | 31,555 | 0.3% | 3 |
| WHIRLPOOL CORP | [WHR](https://holderbook.com/stocks/WHR/) | $479.3K | 12,158 | 0.3% | 15 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $452.8K | 2,257 | 0.3% | 5 |
| VERSANT MEDIA GROUP INC | [VSNT](https://holderbook.com/stocks/VSNT/) | $406.6K | 11,292 | 0.3% | 2 |
| FULTON FINL CORP PA | [FULT](https://holderbook.com/stocks/FULT/) | $367.0K | 15,173 | 0.2% | 1 |
| BAUSCH HEALTH COS INC | [BHC](https://holderbook.com/stocks/BHC/) | $348.3K | 70,799 | 0.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $335.3K | 670 | 0.2% | 31 |
| INTERDIGITAL INC | [IDCC](https://holderbook.com/stocks/IDCC/) | $299.6K | 1,058 | 0.2% | 6 |
| TRICO BANCSHARES | [TCBK](https://holderbook.com/stocks/TCBK/) | $291.4K | 5,412 | 0.2% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $283.3K | 979 | 0.2% | 5 |
| LAKE SHORE BANCORP INC | [LSBK](https://holderbook.com/stocks/LSBK/) | $279.9K | 15,715 | 0.2% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $257.8K | 4,524 | 0.2% | 31 |
| VIATRIS INC | [VTRS](https://holderbook.com/stocks/VTRS/) | $255.7K | 16,104 | 0.2% | 23 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $243.8K | 1,104 | 0.2% | 31 |
| GYRODYNE LLC | [GYRO](https://holderbook.com/stocks/GYRO/) | $80.7K | 13,355 | 0.1% | 9 |

## 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 | +3.4% | +14.8% | -11.4% | 98% |
| Q1 2026 | -6.3% | -4.6% | -1.6% | 96% |
| Q4 2025 | +3.2% | +2.4% | +0.8% | 100% |
| Q3 2025 | +1.6% | +7.8% | -6.2% | 100% |
| Q2 2025 | +2.9% | +10.5% | -7.6% | 100% |
| Q1 2025 | -0.2% | -4.6% | +4.3% | 99% |
| Q4 2024 | -2.9% | +2.1% | -5.1% | 100% |
| Q3 2024 | +8.2% | +5.4% | +2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $159.3M | 62 |
| Q1 2026 | $152.7M | 62 |
| Q4 2025 | $158.7M | 63 |
| Q3 2025 | $151.9M | 63 |
| Q2 2025 | $148.1M | 61 |
| Q1 2025 | $139.1M | 62 |
| Q4 2024 | $141.8M | 61 |
| Q3 2024 | $151.1M | 60 |
| Q2 2024 | $156.8M | 62 |
| Q1 2024 | $165.2M | 60 |
| Q4 2023 | $159.3M | 59 |
| Q3 2023 | $152.1M | 60 |