# M. Kulyk & Associates, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1842370. Source: https://holderbook.com/funds/1842370-m-kulyk-associates-llc/

- Reported value: $612.9M
- Positions: 113
- Weight of the ten largest: 46.3%
- 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 |
|---|---|---|---|---|---|
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $78.8M | 771,097 | 12.9% | 22 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $28.8M | 286,525 | 4.7% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $28.0M | 78,391 | 4.6% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $27.2M | 136,056 | 4.4% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $24.5M | 84,780 | 4.0% | 23 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $20.9M | 43,744 | 3.4% | 23 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $20.1M | 182,329 | 3.3% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $19.7M | 52,787 | 3.2% | 23 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $18.1M | 154,288 | 3.0% | 23 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $17.7M | 51,514 | 2.9% | 23 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $14.6M | 59,384 | 2.4% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $13.5M | 39,902 | 2.2% | 19 |
| LEVI STRAUSS & CO NEW | [LEVI](https://holderbook.com/stocks/LEVI/) | $13.0M | 524,975 | 2.1% | 20 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $12.2M | 94,863 | 2.0% | 16 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $11.5M | 191,866 | 1.9% | 3 |
| ING GROEP N.V. | [ING](https://holderbook.com/stocks/ING/) | $11.2M | 356,185 | 1.8% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $10.9M | 30,769 | 1.8% | 23 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $10.6M | 37,946 | 1.7% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $10.5M | 14 | 1.7% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $10.3M | 70,435 | 1.7% | 23 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $10.3M | 40,399 | 1.7% | 16 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $9.6M | 22,260 | 1.6% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $9.5M | 7,945 | 1.6% | 3 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $9.5M | 74,859 | 1.5% | 23 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $8.8M | 100,201 | 1.4% | 23 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $8.7M | 59,206 | 1.4% | 23 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $8.5M | 16,563 | 1.4% | 11 |
| NATIONAL GRID PLC | [NGG](https://holderbook.com/stocks/NGG/) | $8.3M | 100,641 | 1.4% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.2M | 21,647 | 1.3% | 11 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $8.1M | 171,361 | 1.3% | 23 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $8.0M | 12,878 | 1.3% | 7 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $7.1M | 7,432 | 1.2% | 7 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $6.9M | 58,728 | 1.1% | 23 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $6.8M | 24,113 | 1.1% | 9 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $6.0M | 59,005 | 1.0% | 4 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $5.6M | 41,226 | 0.9% | 23 |
| VERALTO CORP | [VLTO](https://holderbook.com/stocks/VLTO/) | $4.7M | 52,438 | 0.8% | 1 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $4.6M | 153,681 | 0.8% | 2 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $4.5M | 27,775 | 0.7% | 22 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $4.5M | 93,400 | 0.7% | 11 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $4.1M | 16,625 | 0.7% | 18 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $3.8M | 25,381 | 0.6% | 19 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $3.0M | 12,783 | 0.5% | 10 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $3.0M | 24,114 | 0.5% | 23 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $3.0M | 14,266 | 0.5% | 23 |
| DARLING INGREDIENTS INC | [DAR](https://holderbook.com/stocks/DAR/) | $2.9M | 52,388 | 0.5% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.5M | 25,645 | 0.4% | 19 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $2.4M | 124,723 | 0.4% | 2 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.1M | 26,271 | 0.3% | 23 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.9M | 11,838 | 0.3% | 22 |
| BLACKROCK ETF TRUST II | [CALI](https://holderbook.com/stocks/CALI/) | $1.5M | 30,138 | 0.2% | 2 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.5M | 11,948 | 0.2% | 23 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.4M | 51,316 | 0.2% | 4 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $1.3M | 2,874 | 0.2% | 19 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $1.2M | 43,797 | 0.2% | 5 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $1.1M | 11,143 | 0.2% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,200 | 0.2% | 23 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $1.1M | 3,920 | 0.2% | 18 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $967.7K | 3,846 | 0.2% | 22 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $935.7K | 4,078 | 0.2% | 16 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $931.6K | 1,265 | 0.2% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $924.0K | 1,237 | 0.2% | 19 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $825.2K | 3,540 | 0.1% | 16 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $693.5K | 926 | 0.1% | 9 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $632.9K | 5,212 | 0.1% | 23 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $605.2K | 11,966 | 0.1% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $599.3K | 1,696 | 0.1% | 22 |
| WISDOMTREE TR | [HEDJ](https://holderbook.com/stocks/HEDJ/) | $566.8K | 9,943 | 0.1% | 21 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $542.5K | 1,366 | 0.1% | 11 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $509.6K | 9,983 | 0.1% | 10 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $503.2K | 1,366 | 0.1% | 6 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $497.9K | 3,075 | 0.1% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $493.0K | 1,941 | 0.1% | 23 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $486.7K | 3,114 | 0.1% | 23 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $484.9K | 19,663 | 0.1% | 5 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $469.5K | 16,184 | 0.1% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $468.5K | 2,125 | 0.1% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $467.5K | 235 | 0.1% | 4 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $456.8K | 7,925 | 0.1% | 2 |
| FIDELITY COVINGTON TRUST | [FESM](https://holderbook.com/stocks/FESM/) | $446.5K | 9,247 | 0.1% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $434.2K | 1,019 | 0.1% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $423.7K | 2,891 | 0.1% | 19 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $382.2K | 2,439 | 0.1% | 9 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $380.0K | 1,351 | 0.1% | 11 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $377.7K | 763 | 0.1% | 11 |
| DIMENSIONAL ETF TRUST | [DFSB](https://holderbook.com/stocks/DFSB/) | $372.7K | 7,153 | 0.1% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $368.1K | 1,225 | 0.1% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $353.8K | 609 | 0.1% | 3 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $342.0K | 3,346 | 0.1% | 20 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $336.5K | 863 | 0.1% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $332.5K | 2,195 | 0.1% | 15 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $329.9K | 520 | 0.1% | 8 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $322.7K | 2,255 | 0.1% | 9 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $314.6K | 3,831 | 0.1% | 16 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $299.0K | 2,563 | 0.0% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $294.6K | 1,236 | 0.0% | 23 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $291.2K | 1,083 | 0.0% | 4 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $289.7K | 3,836 | 0.0% | 6 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $288.3K | 2,674 | 0.0% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $283.4K | 392 | 0.0% | 1 |

## 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 | +8.4% | +14.8% | -6.5% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.8% | 100% |
| Q4 2025 | +3.2% | +2.4% | +0.8% | 100% |
| Q3 2025 | +5.1% | +7.8% | -2.8% | 100% |
| Q2 2025 | +6.9% | +10.5% | -3.5% | 100% |
| Q1 2025 | -2.9% | -4.6% | +1.6% | 100% |
| Q4 2024 | -1.5% | +2.1% | -3.6% | 100% |
| Q3 2024 | +6.6% | +5.4% | +1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $612.9M | 113 |
| Q1 2026 | $535.8M | 119 |
| Q4 2025 | $523.3M | 107 |
| Q3 2025 | $492.2M | 104 |
| Q2 2025 | $460.3M | 108 |
| Q1 2025 | $437.2M | 101 |
| Q4 2024 | $462.1M | 105 |
| Q3 2024 | $497.3M | 114 |
| Q2 2024 | $430.5M | 110 |
| Q1 2024 | $431.3M | 106 |
| Q4 2023 | $429.3M | 108 |
| Q3 2023 | $360.1M | 95 |