# MQS Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1759395. Source: https://holderbook.com/funds/1759395-mqs-management-llc/

- Reported value: $81.9M
- Positions: 253
- Weight of the ten largest: 8.3%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $765.6K | 5,777 | 0.9% | 2 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $759.7K | 2,299 | 0.9% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $755.6K | 5,153 | 0.9% | 3 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $673.4K | 1,817 | 0.8% | 3 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $654.4K | 4,031 | 0.8% | 2 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $638.9K | 8,450 | 0.8% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $636.5K | 1,272 | 0.8% | 6 |
| BRIXMOR PPTY GROUP INC | [BRX](https://holderbook.com/stocks/BRX/) | $633.6K | 20,096 | 0.8% | 3 |
| INGREDION INC | [INGR](https://holderbook.com/stocks/INGR/) | $630.9K | 6,661 | 0.8% | 2 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $628.1K | 11,700 | 0.8% | 2 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $626.3K | 6,453 | 0.8% | 1 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $622.6K | 15,656 | 0.8% | 4 |
| KEYCORP | [KEY](https://holderbook.com/stocks/KEY/) | $612.6K | 26,577 | 0.7% | 1 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $593.1K | 6,554 | 0.7% | 2 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $589.1K | 4,851 | 0.7% | 2 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $571.3K | 9,319 | 0.7% | 1 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $569.5K | 2,583 | 0.7% | 1 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $564.7K | 3,278 | 0.7% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $563.3K | 5,886 | 0.7% | 1 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $548.7K | 3,369 | 0.7% | 1 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $545.3K | 2,133 | 0.7% | 5 |
| MAGNOLIA OIL & GAS CORP | [MGY](https://holderbook.com/stocks/MGY/) | $543.1K | 21,230 | 0.7% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $536.6K | 1,985 | 0.7% | 2 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $536.0K | 2,405 | 0.7% | 1 |
| TEEKAY TANKERS LTD | [TNK](https://holderbook.com/stocks/TNK/) | $522.6K | 8,056 | 0.6% | 3 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $521.0K | 10,727 | 0.6% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $519.9K | 3,211 | 0.6% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $519.4K | 3,314 | 0.6% | 1 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $518.9K | 3,830 | 0.6% | 1 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $512.0K | 15,081 | 0.6% | 1 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $506.8K | 1,397 | 0.6% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $505.2K | 3,731 | 0.6% | 2 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $498.3K | 4,037 | 0.6% | 2 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $496.5K | 1,457 | 0.6% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $483.6K | 20,082 | 0.6% | 1 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $476.6K | 629 | 0.6% | 1 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $476.4K | 3,805 | 0.6% | 1 |
| WINTRUST FINL CORP | [WTFC](https://holderbook.com/stocks/WTFC/) | $475.2K | 2,957 | 0.6% | 1 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $473.9K | 6,628 | 0.6% | 3 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $473.0K | 2,296 | 0.6% | 3 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $464.0K | 17,476 | 0.6% | 4 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $460.9K | 610 | 0.6% | 1 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $454.6K | 1,507 | 0.6% | 3 |
| SOUTHSTATE BK CORP | [SSB](https://holderbook.com/stocks/SSB/) | $453.0K | 4,535 | 0.6% | 2 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $444.0K | 2,526 | 0.5% | 2 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $439.4K | 1,655 | 0.5% | 1 |
| REGENCY CTRS CORP | [REG](https://holderbook.com/stocks/REG/) | $425.8K | 5,340 | 0.5% | 1 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $425.1K | 596 | 0.5% | 1 |
| REGIONS FINANCIAL CORP NEW | [RF](https://holderbook.com/stocks/RF/) | $421.8K | 13,966 | 0.5% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $419.9K | 4,363 | 0.5% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $417.4K | 5,335 | 0.5% | 3 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $417.2K | 5,358 | 0.5% | 1 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $414.6K | 4,216 | 0.5% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $413.2K | 2,065 | 0.5% | 3 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $412.1K | 2,423 | 0.5% | 1 |
| CARNIVAL CORP LTD | [CCL](https://holderbook.com/stocks/CCL/) | $411.8K | 14,415 | 0.5% | 1 |
| ONE GAS INC | [OGS](https://holderbook.com/stocks/OGS/) | $404.2K | 5,244 | 0.5% | 2 |
| TRICO BANCSHARES | [TCBK](https://holderbook.com/stocks/TCBK/) | $400.2K | 7,432 | 0.5% | 2 |
| LANDSTAR SYS INC | [LSTR](https://holderbook.com/stocks/LSTR/) | $400.2K | 1,935 | 0.5% | 1 |
| SUN CMNTYS INC | [SUI](https://holderbook.com/stocks/SUI/) | $399.8K | 3,334 | 0.5% | 2 |
| UFP INDUSTRIES INC | [UFPI](https://holderbook.com/stocks/UFPI/) | $398.9K | 4,396 | 0.5% | 5 |
| GAMING & LEISURE P | [GLPI](https://holderbook.com/stocks/GLPI/) | $398.7K | 8,954 | 0.5% | 2 |
| EQUITY BANCSHARES INC | [EQBK](https://holderbook.com/stocks/EQBK/) | $395.5K | 8,074 | 0.5% | 2 |
| FB FINL CORP | [FBK](https://holderbook.com/stocks/FBK/) | $394.6K | 7,130 | 0.5% | 2 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $394.5K | 2,071 | 0.5% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $394.4K | 390 | 0.5% | 2 |
| NEWS CORP NEW | [NWSA](https://holderbook.com/stocks/NWSA/) | $393.6K | 15,851 | 0.5% | 1 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $390.8K | 9,562 | 0.5% | 1 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $390.1K | 7,830 | 0.5% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $387.2K | 3,065 | 0.5% | 1 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $384.6K | 400 | 0.5% | 3 |
| SUNSTONE HOTEL INVS INC NEW | [SHO](https://holderbook.com/stocks/SHO/) | $383.7K | 33,515 | 0.5% | 1 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $382.6K | 35,201 | 0.5% | 1 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $379.5K | 2,940 | 0.5% | 2 |
| PEOPLES BANCORP INC | [PEBO](https://holderbook.com/stocks/PEBO/) | $377.4K | 9,826 | 0.5% | 1 |
| FULTON FINL CORP PA | [FULT](https://holderbook.com/stocks/FULT/) | $375.6K | 15,529 | 0.5% | 1 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $373.2K | 1,967 | 0.5% | 1 |
| ARMSTRONG WORLD INDS INC NEW | [AWI](https://holderbook.com/stocks/AWI/) | $371.4K | 2,315 | 0.5% | 5 |
| BANNER CORP | [BANR](https://holderbook.com/stocks/BANR/) | $371.2K | 5,587 | 0.5% | 2 |
| PENNANTPARK FLOATING RATE CA | [PFLT](https://holderbook.com/stocks/PFLT/) | $370.8K | 49,574 | 0.5% | 1 |
| BARINGS BDC INC | [BBDC](https://holderbook.com/stocks/BBDC/) | $368.2K | 43,211 | 0.4% | 2 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $368.0K | 4,801 | 0.4% | 1 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $367.8K | 5,895 | 0.4% | 1 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $361.7K | 5,856 | 0.4% | 2 |
| UNITED BANKSHARES INC WEST V | [UBSI](https://holderbook.com/stocks/UBSI/) | $359.6K | 7,847 | 0.4% | 2 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $357.8K | 3,111 | 0.4% | 1 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $354.3K | 52 | 0.4% | 4 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $353.7K | 9,573 | 0.4% | 1 |
| WSFS FINL CORP | [WSFS](https://holderbook.com/stocks/WSFS/) | $353.3K | 4,605 | 0.4% | 1 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $353.3K | 1,600 | 0.4% | 3 |
| MUELLER WTR PRODS INC | [MWA](https://holderbook.com/stocks/MWA/) | $353.0K | 13,668 | 0.4% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $352.7K | 2,128 | 0.4% | 5 |
| DOUGLAS EMMETT INC | [DEI](https://holderbook.com/stocks/DEI/) | $351.0K | 29,743 | 0.4% | 1 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $350.8K | 1,695 | 0.4% | 2 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $350.7K | 4,630 | 0.4% | 1 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $350.6K | 1,527 | 0.4% | 1 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $350.0K | 1,646 | 0.4% | 1 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $348.0K | 9,358 | 0.4% | 1 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $346.6K | 4,946 | 0.4% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $345.4K | 678 | 0.4% | 2 |

## 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 | +7.2% | +14.8% | -7.6% | 100% |
| Q1 2026 | +2.9% | -4.6% | +7.6% | 100% |
| Q4 2025 | +1.1% | +2.4% | -1.2% | 100% |
| Q3 2025 | +4.9% | +7.8% | -2.9% | 100% |
| Q2 2025 | +2.9% | +10.5% | -7.5% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2024 | -4.2% | +2.1% | -6.4% | 100% |
| Q3 2024 | +7.0% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $81.9M | 253 |
| Q1 2026 | $148.0M | 366 |
| Q4 2025 | $169.6M | 386 |
| Q3 2025 | $171.4M | 404 |
| Q2 2025 | $181.4M | 442 |
| Q1 2025 | $174.2M | 402 |
| Q4 2024 | $3.5M | 17 |
| Q3 2024 | $179.1M | 413 |
| Q2 2024 | $165.4M | 408 |
| Q1 2024 | $174.4M | 414 |
| Q4 2023 | $180.1M | 439 |
| Q3 2023 | $164.1M | 407 |