FISHMAN JAY A LTD/MI

Registered adviser

CIK

1006407

Location

TROY, MI

Portfolio Value

Mid $1,257,821,966

Diversification

Diversified

Filing Date

Global Rank

#2,084 / 8,807 ▼ 136

Top Industry

Consumer Electronics 20.5%

Period ended 4 months ago

Filed Jul 29, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 105609

Roster of Oct 1, 2026

Regulatory AUM

$1,251,193,908

Main clients

Individuals and high net worth (87% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$1,251,193,908	Individuals and high net worth (87%)
Apr 2025 to Mar 2026	$1,119,753,338	Individuals and high net worth (88%)
Apr 2024 to Mar 2025	$959,093,701	Individuals and high net worth (87%)
May 2023 to Mar 2024	$781,898,399	Individuals and high net worth (87%)
Apr 2023	$781,898,399	Individuals and high net worth (87%)
Apr 2022 to Mar 2023	$1,013,321,883	Individuals and high net worth (87%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 69.2% of the book (60%+)

Turnover

Low turnover

8.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.8 quarters (12+), a floor since 72.9% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 60.9%; sector active share 19.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

79 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

20.3%

−0.1 pts

Top 5

49.6%

+0.6 pts

Top 10

69.2%

−0.8 pts

HHI

791

Diversified+12

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	30.6%	$385,395,689	9
Communication Services	18.4%	$231,664,677	5
Industrials	15.4%	$193,787,513	16
Financial Services	13.0%	$163,251,835	12
Consumer Cyclical	9.8%	$122,889,374	8
Healthcare	9.2%	$115,430,888	10
Consumer Defensive	1.5%	$19,005,337	7
Unclassified	1.0%	$13,190,008	8
Utilities	0.8%	$10,163,846	2
Basic Materials	0.2%	$3,042,799	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
QXO	QXO, Inc.	+361,930	1,578,235	$27,271,900
SCHW	Schwab Charles Corp	+71,167	133,287	$12,298,391
ARQT	Arcutis Biotherapeutics, Inc.	+28,275	595,005	$15,601,031
RDDT	Reddit, Inc.	+7,995	159,061	$27,609,808
VO	VANGUARD MID-CAP INDEX FUND	+5,781	7,708	$621,033
BX	Blackstone Inc.	+4,372	359,909	$42,350,492
META	Meta Platforms, Inc.	+4,021	92,981	$52,375,267
MRK	Merck & Co., Inc.	+3,660	60,546	$7,780,161
LLY	ELI LILLY & Co	+3,310	34,176	$40,991,723
AXP	American Express Co	+1,150	47,883	$16,196,424
HD	Home Depot, Inc.	+648	49,297	$17,386,065
GE	General Electric Co	+575	40,287	$15,056,460
EHC	Encompass Health Corp	+330	15,310	$1,547,534
APH	Amphenol Corp /De/	+240	7,790	$2,747,065
V	Visa Inc.	+235	103,189	$35,403,114
COST	Costco Wholesale Corp /New	+160	16,162	$15,119,066
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	−52,274	144,996	$3,491,503
TWI	Titan International Inc	−29,320	2,093,364	$16,139,836
XPO	XPO, Inc.	−29,111	255,150	$52,379,743
VRT	Vertiv Holdings Co	−23,200	150,180	$50,283,267
AAPL	Apple Inc.	−16,165	882,533	$255,369,748
CEG	Constellation Energy Corp	−9,347	32,688	$8,118,718
LEN	Lennar Corp /New/	−8,000	8,000	$723,920
GOOGL	Alphabet Inc.	−4,008	379,225	$135,523,638
SHW	Sherwin Williams Co	−3,500	8,200	$2,823,424
NVDA	Nvidia Corp	−2,275	310,284	$62,084,725
HON	Honeywell International Inc	−2,026	1,667	$373,241
RTX	RTX Corp	−2,000	12,175	$2,309,962
JPM	Jpmorgan Chase & Co	−1,819	150,214	$49,169,548
AMZN	Amazon Com Inc	−1,600	420,043	$100,113,048
GEV	GE Vernova Inc.	−1,421	20,522	$24,110,476
FITB	Fifth Third Bancorp	−800	24,111	$1,359,137
VB	Vanguard Index Funds	−800	17,683	$5,360,070
GOOG	Alphabet Inc.	−710	44,231	$15,628,139
DHR	Danaher Corp /De/	−530	6,555	$1,248,596
ABBV	AbbVie Inc.	−497	67,770	$17,053,642
MSFT	Microsoft Corp	−317	148,531	$55,405,033
JNJ	Johnson & Johnson	−237	14,669	$3,725,485
BRK-B	Berkshire Hathaway Inc	−200	4,915	$2,459,416
SYK	Stryker Corp	−162	74,288	$23,388,833
CARR	CARRIER GLOBAL Corp	−100	7,300	$535,455
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AVGO	Broadcom Inc.	6,442	$2,433,465
HONA	Honeywell Aerospace Inc.	1,667	$368,540
EXP	Eagle Materials Inc	975	$219,375
C	Citigroup Inc	1,533	$214,558
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
INTU	Intuit Inc.	732	$316,502
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

79 tracked positions · $1,257,821,966 total · filing declares 79 positions · $1,256,448,428 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 79 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	882,533	-16,165	$255,369,748	+12.0%	26+	before history	20.30%
GOOGL	Alphabet Inc. Communication Services	Reduced	379,225	-4,008	$135,523,638	+23.0%	26+	before history	10.77%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	420,043	-1,600	$100,113,048	+14.0%	26+	before history	7.96%
NVDA	Nvidia Corp Technology	Reduced	310,284	-2,275	$62,084,725	+13.9%	17	unpriced	4.94%
MSFT	Microsoft Corp Technology	Reduced	148,531	-317	$55,405,033	+0.6%	26+	before history	4.40%
XPO	XPO, Inc. Industrials	Reduced	255,150	-29,111	$52,379,743	−5.3%	26+	before history	4.16%
META	Meta Platforms, Inc. Communication Services	Added	92,981	+4,021	$52,375,267	+2.9%	26+	before history	4.16%
VRT	Vertiv Holdings Co Industrials	Reduced	150,180	-23,200	$50,283,267	+15.7%	6	$107.01	4.00%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	150,214	-1,819	$49,169,548	+9.9%	26+	before history	3.91%
BX	Blackstone Inc. Financial Services	Added	359,909	+4,372	$42,350,492	+3.6%	26+	before history	3.37%
LLY	ELI LILLY & Co Healthcare	Added	34,176	+3,310	$40,991,723	+44.4%	13	$771.08	3.26%
V	Visa Inc. Financial Services	Added	103,189	+235	$35,403,114	+13.8%	26+	before history	2.81%
RDDT	Reddit, Inc. Communication Services	Added	159,061	+7,995	$27,609,808	+35.7%	6	$157.52	2.20%
QXO	QXO, Inc. Industrials	Added	1,578,235	+361,930	$27,271,900	+15.5%	4	$20.42	2.17%
GEV	GE Vernova Inc. Industrials	Reduced	20,522	-1,421	$24,110,476	+25.9%	6	$378.53	1.92%
SYK	Stryker Corp Healthcare	Reduced	74,288	-162	$23,388,833	−4.4%	26+	before history	1.86%
HD	Home Depot, Inc. Consumer Cyclical	Added	49,297	+648	$17,386,065	+8.7%	26+	before history	1.38%
ABBV	AbbVie Inc. Healthcare	Reduced	67,770	-497	$17,053,642	+14.9%	24	$113.71	1.36%
AXP	American Express Co Financial Services	Added	47,883	+1,150	$16,196,424	+14.6%	10	$218.96	1.29%
TWI	Titan International Inc Industrials	Reduced	2,093,364	-29,320	$16,139,836	+10.0%	26+	before history	1.28%
GOOG	Alphabet Inc. Communication Services	Reduced	44,231	-710	$15,628,139	+21.2%	26+	before history	1.24%
ARQT	Arcutis Biotherapeutics, Inc. Healthcare	Added	595,005	+28,275	$15,601,031	+16.8%	17	$10.80	1.24%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	16,162	+160	$15,119,066	−5.2%	26+	before history	1.20%
GE	General Electric Co Industrials	Added	40,287	+575	$15,056,460	+33.6%	8	$193.43	1.20%
SCHW	Schwab Charles Corp Financial Services	Added	133,287	+71,167	$12,298,391	+110.7%	2	$94.40	0.98%
CEG	Constellation Energy Corp Utilities	Reduced	32,688	-9,347	$8,118,718	−30.8%	6	$289.64	0.65%
MRK	Merck & Co., Inc. Healthcare	Added	60,546	+3,660	$7,780,161	+13.7%	26+	before history	0.62%
VB	Vanguard Index Funds	Reduced	17,683	-800	$5,360,070	+10.7%	26+	before history	0.43%
QQQ	Invesco Qqq Trust, Series 1	Held	5,897	0	$4,342,550	+27.6%	18	$355.08	0.35%
ORCL	Oracle Corp Technology	Held	28,288	0	$4,145,606	−0.4%	26+	before history	0.33%
JNJ	Johnson & Johnson Healthcare	Reduced	14,669	-237	$3,725,485	+2.2%	26+	before history	0.30%
PFE	Pfizer Inc Healthcare	Reduced	144,996	-52,274	$3,491,503	−37.0%	26+	before history	0.28%
SHW	Sherwin Williams Co Basic Materials	Reduced	8,200	-3,500	$2,823,424	−24.7%	26+	before history	0.22%
APH	Amphenol Corp /De/ Technology	Added	7,790	+240	$2,747,065	+44.0%	4	unpriced	0.22%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	4,915	-200	$2,459,416	+0.3%	26+	before history	0.20%
AVGO	Broadcom Inc. Technology	NEW	6,442	NEW	$2,433,465	NEW	1	$400.96	0.19%
RTX	RTX Corp Industrials	Reduced	12,175	-2,000	$2,309,962	−15.5%	25	unpriced	0.18%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Held	14,040	0	$2,127,060	−5.1%	26+	before history	0.17%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	4,437	0	$2,118,978	+41.3%	15	$94.54	0.17%
NEE	Nextera Energy Inc Utilities	Reduced	23,301	-100	$2,045,128	−5.9%	26+	before history	0.16%
GD	General Dynamics Corp Industrials	Held	4,749	0	$1,682,285	+3.2%	8	$293.83	0.13%
DE	Deere & Co Industrials	Held	2,585	0	$1,639,743	+12.6%	26+	before history	0.13%
EHC	Encompass Health Corp Healthcare	Added	15,310	+330	$1,547,534	+6.8%	3	$114.64	0.12%
FITB	Fifth Third Bancorp Financial Services	Reduced	24,111	-800	$1,359,137	+17.4%	2	$49.28	0.11%
DHR	Danaher Corp /De/ Healthcare	Reduced	6,555	-530	$1,248,596	−7.1%	26+	before history	0.10%
BAC	Bank Of America Corp /De/ Financial Services	Held	21,142	0	$1,204,671	+16.9%	26+	before history	0.10%
VFF	Village Farms International, Inc. Consumer Defensive	Held	575,400	0	$1,150,800	−29.6%	26+	before history	0.09%
PM	Philip Morris International Inc. Consumer Defensive	Held	6,327	0	$1,144,617	+9.4%	26+	before history	0.09%
RACE	Ferrari N.V. Consumer Cyclical	Held	2,700	0	$1,005,183	+10.0%	26+	before history	0.08%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	2,500	0	$925,100	+15.3%	26+	before history	0.07%

Showing the top 50 of 79 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.