# MONTAG A & ASSOCIATES INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 829407. Source: https://holderbook.com/funds/829407-montag-a-associates-inc/

- Reported value: $2.4B
- Positions: 954
- Weight of the ten largest: 31.6%
- Filed: 2026-08-05

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 | [IVV](https://holderbook.com/stocks/IVV/) | $184.6M | 246,507 | 7.8% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $129.8M | 173,415 | 5.5% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $84.1M | 290,641 | 3.6% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $71.7M | 101,656 | 3.0% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $68.7M | 194,446 | 2.9% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $50.1M | 132,404 | 2.1% | 31 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $42.3M | 103,231 | 1.8% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $42.1M | 176,710 | 1.8% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $40.9M | 192,176 | 1.7% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $35.3M | 29,430 | 1.5% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $34.3M | 171,219 | 1.4% | 27 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $32.2M | 44,546 | 1.4% | 23 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $30.8M | 610,033 | 1.3% | 23 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $30.1M | 389,890 | 1.3% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $29.6M | 82,715 | 1.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $27.6M | 40,213 | 1.2% | 31 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $26.9M | 113,648 | 1.1% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $26.7M | 55,862 | 1.1% | 23 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $26.3M | 321,772 | 1.1% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $26.1M | 230,764 | 1.1% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $26.0M | 85,699 | 1.1% | 30 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $25.9M | 79,072 | 1.1% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $25.3M | 66,932 | 1.1% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $24.1M | 23,847 | 1.0% | 27 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $24.0M | 69,913 | 1.0% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $23.7M | 406,669 | 1.0% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $23.6M | 66,833 | 1.0% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $23.5M | 188,909 | 1.0% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $23.2M | 288,508 | 1.0% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $22.8M | 89,578 | 1.0% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $18.8M | 98,593 | 0.8% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.2M | 72,344 | 0.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $17.6M | 136,408 | 0.7% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $17.6M | 44,215 | 0.7% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $17.3M | 71,478 | 0.7% | 30 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $17.2M | 210,022 | 0.7% | 23 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $17.0M | 287,897 | 0.7% | 13 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $16.0M | 43,199 | 0.7% | 31 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $15.8M | 13,968 | 0.7% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $15.6M | 133,218 | 0.7% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $14.3M | 15,253 | 0.6% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $13.6M | 13,942 | 0.6% | 23 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $13.1M | 12,260 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $12.9M | 25,870 | 0.5% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $12.9M | 43,141 | 0.5% | 21 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $12.5M | 10,836 | 0.5% | 23 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $12.3M | 50,897 | 0.5% | 29 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $12.2M | 80,799 | 0.5% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $12.2M | 58,308 | 0.5% | 25 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $12.2M | 28,111 | 0.5% | 7 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $12.2M | 153,937 | 0.5% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $12.0M | 88,874 | 0.5% | 31 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $11.0M | 34,949 | 0.5% | 31 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $11.0M | 120,326 | 0.5% | 2 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $10.9M | 68,739 | 0.5% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $10.8M | 21,068 | 0.5% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $10.3M | 75,525 | 0.4% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $10.1M | 68,914 | 0.4% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $10.0M | 67,583 | 0.4% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $9.5M | 16,428 | 0.4% | 24 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $8.9M | 125,021 | 0.4% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $8.6M | 4,313 | 0.4% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $8.2M | 11 | 0.3% | 23 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $8.1M | 67,736 | 0.3% | 31 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $7.8M | 49,449 | 0.3% | 31 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $7.6M | 9,210 | 0.3% | 10 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $7.6M | 133,263 | 0.3% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $7.6M | 91,449 | 0.3% | 23 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.5M | 82,141 | 0.3% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $7.2M | 26,644 | 0.3% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.1M | 43,097 | 0.3% | 31 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $6.5M | 12,375 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.4M | 74,532 | 0.3% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $6.4M | 18,883 | 0.3% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $6.4M | 17,332 | 0.3% | 31 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $6.3M | 222,393 | 0.3% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $6.2M | 70,772 | 0.3% | 31 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $6.2M | 20,900 | 0.3% | 31 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $6.0M | 63,285 | 0.3% | 31 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $6.0M | 7,530 | 0.3% | 15 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $5.9M | 3,040 | 0.3% | 31 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $5.9M | 99,806 | 0.2% | 22 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $5.8M | 42,265 | 0.2% | 23 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $5.7M | 27,963 | 0.2% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $5.7M | 46,243 | 0.2% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $5.7M | 14,266 | 0.2% | 26 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $5.6M | 37,024 | 0.2% | 22 |
| INVESCO EXCHANGE TRADED FD T | [SPHQ](https://holderbook.com/stocks/SPHQ/) | $5.4M | 60,299 | 0.2% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $5.4M | 7,350 | 0.2% | 23 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $5.0M | 71,030 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.9M | 9,828 | 0.2% | 31 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $4.9M | 51,496 | 0.2% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $4.9M | 17,261 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $4.8M | 30,534 | 0.2% | 24 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $4.8M | 24,889 | 0.2% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $4.7M | 33,056 | 0.2% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $4.6M | 63,581 | 0.2% | 23 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $4.6M | 34,016 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $4.3M | 19,860 | 0.2% | 22 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $4.3M | 47,617 | 0.2% | 31 |

## 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 | +12.6% | +14.8% | -2.2% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2025 | +2.3% | +2.4% | -0.1% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.4% | 100% |
| Q2 2025 | +7.7% | +10.5% | -2.7% | 100% |
| Q1 2025 | -3.5% | -4.6% | +1.0% | 100% |
| Q4 2024 | -0.1% | +2.1% | -2.3% | 100% |
| Q3 2024 | +4.7% | +5.4% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.4B | 954 |
| Q1 2026 | $2.2B | 938 |
| Q4 2025 | $2.2B | 949 |
| Q3 2025 | $2.2B | 1,115 |
| Q2 2025 | $2.1B | 946 |
| Q1 2025 | $2.0B | 994 |
| Q4 2024 | $2.1B | 993 |
| Q3 2024 | $2.1B | 1,027 |
| Q2 2024 | $2.0B | 979 |
| Q1 2024 | $2.0B | 967 |
| Q4 2023 | $1.8B | 905 |
| Q3 2023 | $1.6B | 902 |