AJO, LP

CIK

1013536

Location

PHILADELPHIA, PA

Portfolio Value

Micro $386,138

Diversification

Diversified

Filing Date

Global Rank

#3,427 / 5,900 ▼ 2101

Top Industry

Rental & Leasing Services 13.9%

3Y Alpha vs SPY

+11.1%

Period ended 5 years ago

Filed May 7, 2021 · 5y

5 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+129.7%

SPY

+76.3%

Annualised alpha

+11.1%

Max drawdown

−32.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

32 positions · as of Mar 31, 2021 · Δ vs Dec 31, 2020

Top Position

7.4%

+5.0 pts

Top 5

32.1%

+22.2 pts

Top 10

58.4%

+40.1 pts

HHI

461

Diversified+367

Portfolio Trend

5 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2021

Sector	% Portfolio	Value	Positions
Industrials	22.4%	$35,589,079	8
Consumer Cyclical	20.1%	$31,868,532	6
Technology	17.3%	$27,457,348	5
Energy	13.1%	$20,739,743	5
Communication Services	10.7%	$17,011,480	3
Healthcare	6.2%	$9,798,256	1
Utilities	5.7%	$9,089,818	1
Basic Materials	4.3%	$6,887,270	2
Consumer Defensive	0.2%	$386,138	1

Last Quarter's Activity

Export CSV

Mar 31, 2021 vs Dec 31, 2020

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
VST	Vistra Corp.	+431,400	514,130	$9,089,818
SNX	Td Synnex Corp	+35,220	57,155	$6,563,680
LUMN	Lumen Technologies, Inc.	+23,053	746,637	$9,967,603
EQT	EQT Corp	+2,242	106,802	$1,984,381
CYD	China Yuchai International Ltd	+1,892	28,598	$442,697
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
HPQ	Hp Inc	−502,397	99,998	$3,174,936
PUMP	ProPetro Holding Corp.	−136,674	697,271	$7,432,908
TDS	Telephone & Data Systems Inc /De/	−98,176	267,429	$6,140,169
AA	Alcoa Corp	−82,769	62,597	$2,033,776
HCC	Warrior Met Coal, Inc.	−68,932	283,333	$4,853,494
R	Ryder System Inc	−36,589	129,525	$9,798,566
PTEN	Patterson Uti Energy Inc	−31,694	422,735	$3,014,100
F	Ford Motor Co	−29,683	794,161	$9,728,472
HRI	Herc Holdings Inc	−23,295	35,986	$3,646,461
MUR	Murphy Oil Corp	−17,915	360,481	$5,915,493
XRX	Xerox Holdings Corp	−15,723	219,663	$5,331,221
DNOW	DNOW Inc.	−15,715	316,219	$3,190,649
DXC	DXC Technology Co	−13,206	265,745	$8,307,188
SIG	Signet Jewelers Ltd	−9,757	117,069	$6,787,660
THC	Tenet Healthcare Corp	−9,364	188,428	$9,798,256
KSS	KOHLS Corp	−8,492	32,651	$1,946,326
ATRO	Astronics Corp	−8,114	163,276	$2,945,499
CMTL	Comtech Telecommunications Corp /De/	−7,454	45,852	$1,138,963
CAR	Avis Budget Group, Inc.	−7,415	118,691	$8,609,845
DCH	Dauch Corp	−6,453	129,842	$1,254,273
GT	Goodyear Tire & Rubber Co /Oh/	−5,758	666,426	$11,709,104
YELP	Yelp Inc	−1,152	23,172	$903,708
HPE	Hewlett Packard Enterprise Co	−277	525,577	$8,272,581
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
DHT	DHT Holdings, Inc.	403,518	$2,392,861
DAC	Danaos Corp	38,576	$1,913,755
AGRO	Adecoagro S.A.	49,127	$386,138
SBLK	Star Bulk Carriers Corp.	10,428	$153,083
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VZ	Verizon Communications Inc	339,156	$19,925,415
C	Citigroup Inc	277,200	$17,092,152
XOM	Exxon Mobil Corp	409,123	$16,864,050
JNJ	Johnson & Johnson	98,046	$15,430,479
MS	Morgan Stanley	225,153	$15,429,735
HD	Home Depot, Inc.	57,713	$15,329,727
MU	Micron Technology Inc	190,058	$14,288,560
GS	Goldman Sachs Group Inc	52,276	$13,785,703
BRK-B	Berkshire Hathaway Inc	56,235	$13,039,209
PM	Philip Morris International Inc.	152,083	$12,590,951
EA	Electronic Arts Inc.	85,095	$12,219,642
SYF	Synchrony Financial	343,244	$11,913,999
BNY	Bank of New York Mellon Corp	273,061	$11,588,708
ORCL	Oracle Corp	171,427	$11,089,612
ALLY	Ally Financial Inc.	294,881	$10,515,456
MDT	Medtronic plc	88,609	$10,379,658
CMI	Cummins Inc	44,813	$10,177,032
AMAT	Applied Materials Inc /De	115,957	$10,007,089
MSFT	Microsoft Corp	44,525	$9,903,250
MCK	Mckesson Corp	56,402	$9,809,435
STLD	Steel Dynamics Inc	264,609	$9,756,133
EBAY	Ebay Inc	192,897	$9,693,074
META	Meta Platforms, Inc.	35,193	$9,613,319
MAS	Masco Corp /De/	172,279	$9,463,285
AES	Aes Corp	387,827	$9,113,934
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1 positions · $386,138 total · Consumer Defensive only · as of Mar 31, 2021

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
AGRO	Adecoagro S.A. Consumer Defensive	NEW	49,127	NEW	$386,138	NEW	100.00%