BECK MACK & OLIVER LLC

CIK

10742

Location

NEW YORK, NY

Portfolio Value

Mid $4,938,463,009

Diversification

Diversified

Filing Date

Global Rank

#577 / 8,420 ▲ 112

Top Industry

Asset Management 18.5%

3Y Alpha vs SPY

-8.4%

Period ended 5 months ago

Filed Feb 12, 2026 · 4mo

24 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

+42.4%

SPY

+76.5%

Annualised alpha

-8.4%

Max drawdown

−23.0%

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

167 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

8.1%

+0.6 pts

Top 5

29.6%

−1.4 pts

Top 10

48.4%

−1.7 pts

HHI

341

Diversified−13

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	41.1%	$2,029,562,981	39
Healthcare	15.6%	$770,734,796	24
Industrials	10.2%	$505,857,456	22
Technology	9.7%	$481,244,671	19
Consumer Cyclical	9.5%	$470,534,866	12
Communication Services	4.9%	$240,789,795	10
Real Estate	3.3%	$164,396,723	4
Energy	2.9%	$142,597,308	13
Consumer Defensive	1.6%	$80,489,371	10
Basic Materials	0.5%	$25,013,720	5
Utilities	0.4%	$18,959,688	6
Unclassified	0.2%	$8,281,634	3

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	+910,304	7,766,893	$116,037,381
CSGP	Costar Group, Inc.	+501,457	2,224,889	$149,601,536
BN	BROOKFIELD Corp /ON/	+280,343	841,998	$38,639,288
AJG	Arthur J. Gallagher & Co.	+144,980	879,059	$227,491,678
TSQ	Townsquare Media, Inc.	+85,000	1,073,600	$5,518,304
MTDR	Matador Resources Co	+28,251	1,432,324	$60,787,830
AMZN	Amazon Com Inc	+26,240	207,359	$47,862,604
ARES	Ares Management Corp	+25,804	76,566	$12,375,362
RKT	Rocket Companies, Inc.	+25,000	265,000	$5,130,400
LH	Labcorp Holdings Inc.	+16,192	627,037	$157,311,042
RUSHA	Rush Enterprises Inc \Tx\	+14,995	983,896	$53,071,350
ABT	Abbott Laboratories	+10,555	874,729	$109,594,796
PPTA	Perpetua Resources Corp.	+10,000	20,700	$501,147
AXP	American Express Co	+8,464	409,509	$151,497,854
APO	Apollo Global Management, Inc.	+7,124	2,764,576	$400,200,021
AAPL	Apple Inc.	+6,580	117,400	$31,916,364
CMCSA	Comcast Corp	+6,257	30,719	$860,534
NVDA	Nvidia Corp	+5,310	12,181	$2,271,756
SDHC	Smith Douglas Homes Corp.	+3,605	816,447	$13,691,816
MO	Altria Group, Inc.	+2,806	18,896	$1,089,543
V	Visa Inc.	+2,391	15,816	$5,546,829
DHR	Danaher Corp /De/	+1,937	8,332	$1,907,361
HD	Home Depot, Inc.	+1,702	19,404	$6,676,916
SCHW	Schwab Charles Corp	+1,225	2,064,898	$206,303,959
MRK	Merck & Co., Inc.	+1,027	97,926	$10,307,690
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DIBS	1stdibs.com, Inc.	−1,338,148	1,950,478	$11,683,363
FTRE	Fortrea Holdings Inc.	−599,073	804,651	$13,880,229
CWGL	Crimson Wine Group, Ltd	−164,015	1,521,972	$7,457,662
WBD	Warner Bros. Discovery, Inc.	−163,436	1,870,720	$53,914,150
GOOGL	Alphabet Inc.	−84,569	281,118	$87,989,934
ZWS	Zurn Elkay Water Solutions Corp	−67,075	3,585,849	$166,706,120
RDNT	RadNet, Inc.	−45,323	3,231,451	$230,564,028
TEVA	Teva Pharmaceutical Industries Ltd	−40,480	1,056,500	$32,973,365
JEF	Jefferies Financial Group Inc.	−34,983	1,232,297	$76,365,445
GSAT	Globalstar, Inc.	−30,118	1,139,151	$69,533,777
CACC	Credit Acceptance Corp	−26,816	310,348	$137,626,924
PKE	Park Aerospace Corp	−20,000	667,886	$14,252,687
WMB	Williams Companies, Inc.	−14,318	426,685	$25,648,035
EPD	Enterprise Products Partners L.P.	−11,919	795,082	$25,490,328
ENB	Enbridge Inc	−11,512	324,440	$15,517,965
QCOM	Qualcomm Inc/De	−11,511	326,008	$55,763,668
BB	BLACKBERRY Ltd	−10,500	18,150	$68,788
WAB	Westinghouse Air Brake Technologies Corp	−7,502	230,973	$49,301,186
MSFT	Microsoft Corp	−7,156	567,576	$274,491,105
VTS	Vitesse Energy, Inc.	−5,684	200,173	$3,855,331
WMT	Walmart Inc.	−5,210	293,297	$32,676,218
FERG	Ferguson Enterprises Inc. /DE/	−5,040	843,478	$187,783,507
BX	Blackstone Inc.	−4,772	2,149,414	$331,310,673
WAT	Waters Corp /De/	−4,371	390,655	$148,382,488
BAX	Baxter International Inc	−3,981	20,969	$400,717
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
BWIN	Baldwin Insurance Group, Inc.	289,775	$6,963,293
COO	Cooper Companies, Inc.	41,000	$3,360,360
FISV	Fiserv Inc	41,255	$2,771,098
ALC	Alcon Inc	27,000	$2,127,870
KHC	Kraft Heinz Co	30,000	$727,500
TT	Trane Technologies plc	1,193	$464,315
MU	Micron Technology Inc	833	$237,746
ADSK	Autodesk, Inc.	740	$219,047
VRCA	Verrica Pharmaceuticals Inc.	12,000	$99,720
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
RYAN	Ryan Specialty Holdings, Inc.	50,000	$2,818,000
SENS	Senseonics Holdings, Inc.	176,950	$1,543,004
NDSN	Nordson Corp	2,000	$453,900
NKE	NIKE, Inc.	3,103	$216,372
MMM	3M Co	1,385	$214,924
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

167 positions · $4,938,463,009 total · as of Dec 31, 2025

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

Showing 1–50 of 167 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
APO	Apollo Global Management, Inc. Financial Services	Added	2,764,576	+7,124	$400,200,021	+8.9%	8.10%
BX	Blackstone Inc. Financial Services	Reduced	2,149,414	-4,772	$331,310,673	−10.0%	6.71%
MSFT	Microsoft Corp Technology	Reduced	567,576	-7,156	$274,491,105	−7.8%	5.56%
RDNT	RadNet, Inc. Healthcare	Reduced	3,231,451	-45,323	$230,564,028	−7.7%	4.67%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	879,059	+144,980	$227,491,678	+0.1%	4.61%
SGI	Somnigroup International Inc. Consumer Cyclical	Added	2,323,615	+382	$207,452,347	+5.9%	4.20%
SCHW	Schwab Charles Corp Financial Services	Added	2,064,898	+1,225	$206,303,959	+4.7%	4.18%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Reduced	843,478	-5,040	$187,783,507	−1.5%	3.80%
ZWS	Zurn Elkay Water Solutions Corp Industrials	Reduced	3,585,849	-67,075	$166,706,120	−3.0%	3.38%
LH	Labcorp Holdings Inc. Healthcare	Added	627,037	+16,192	$157,311,042	−10.3%	3.19%
AXP	American Express Co Financial Services	Added	409,509	+8,464	$151,497,854	+13.7%	3.07%
CSGP	Costar Group, Inc. Real Estate	Added	2,224,889	+501,457	$149,601,536	+2.9%	3.03%
WAT	Waters Corp /De/ Healthcare	Reduced	390,655	-4,371	$148,382,488	+25.3%	3.00%
CACC	Credit Acceptance Corp Financial Services	Reduced	310,348	-26,816	$137,626,924	−12.6%	2.79%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	396,974	-1,294	$127,912,962	+1.8%	2.59%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Added	410,552	+160	$117,931,062	+10.8%	2.39%
OWL	Blue Owl Capital Inc. Financial Services	Added	7,766,893	+910,304	$116,037,381	−0.0%	2.35%
ABT	Abbott Laboratories Healthcare	Added	874,729	+10,555	$109,594,796	−5.3%	2.22%
ROP	Roper Technologies Inc Technology	Added	231,095	+234	$102,867,317	−10.6%	2.08%
GOOGL	Alphabet Inc. Communication Services	Reduced	281,118	-84,569	$87,989,934	−1.0%	1.78%
JEF	Jefferies Financial Group Inc. Financial Services	Reduced	1,232,297	-34,983	$76,365,445	−7.9%	1.55%
GSAT	Globalstar, Inc. Communication Services	Reduced	1,139,151	-30,118	$69,533,777	+63.4%	1.41%
MTDR	Matador Resources Co Energy	Added	1,432,324	+28,251	$60,787,830	−3.6%	1.23%
QCOM	Qualcomm Inc/De Technology	Reduced	326,008	-11,511	$55,763,668	−0.7%	1.13%
MA	Mastercard Inc Financial Services	Added	95,875	+577	$54,733,120	+1.0%	1.11%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	1,870,720	-163,436	$53,914,150	+35.7%	1.09%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Added	983,896	+14,995	$53,071,350	+2.4%	1.07%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	230,973	-7,502	$49,301,186	+3.1%	1.00%
AMZN	Amazon Com Inc Consumer Cyclical	Added	207,359	+26,240	$47,862,604	+20.4%	0.97%
MKL	Markel Group Inc. Financial Services	Reduced	21,601	-1,749	$46,434,587	+4.0%	0.94%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	92,167	-1,447	$46,327,742	−1.6%	0.94%
JNJ	Johnson & Johnson Healthcare	Reduced	219,694	-1,226	$45,465,673	+11.0%	0.92%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	841,998	+280,343	$38,639,288	+50.5%	0.78%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	139,054	-2,351	$33,534,262	−5.6%	0.68%
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Reduced	1,056,500	-40,480	$32,973,365	+48.8%	0.67%
WMT	Walmart Inc. Consumer Defensive	Reduced	293,297	-5,210	$32,676,218	+6.2%	0.66%
AAPL	Apple Inc. Technology	Added	117,400	+6,580	$31,916,364	+13.1%	0.65%
UNP	Union Pacific Corp Industrials	Reduced	127,406	-185	$29,471,555	−2.3%	0.60%
WMB	Williams Companies, Inc. Energy	Reduced	426,685	-14,318	$25,648,035	−8.2%	0.52%
EPD	Enterprise Products Partners L.P. Energy	Reduced	795,082	-11,919	$25,490,328	+1.0%	0.52%
HUBB	Hubbell Inc Industrials	Reduced	49,237	-313	$21,866,644	+2.6%	0.44%
ENB	Enbridge Inc Energy	Reduced	324,440	-11,512	$15,517,965	−8.5%	0.31%
DUK	Duke Energy CORP Utilities	Held	125,065	0	$14,658,868	−5.3%	0.30%
PKE	Park Aerospace Corp Industrials	Reduced	667,886	-20,000	$14,252,687	+1.9%	0.29%
FTRE	Fortrea Holdings Inc. Healthcare	Reduced	804,651	-599,073	$13,880,229	+17.4%	0.28%
SDHC	Smith Douglas Homes Corp. Real Estate	Added	816,447	+3,605	$13,691,816	−4.6%	0.28%
SYY	Sysco Corp Consumer Defensive	Reduced	180,711	-775	$13,316,593	−10.9%	0.27%
ARES	Ares Management Corp Financial Services	Added	76,566	+25,804	$12,375,362	+52.5%	0.25%
DIBS	1stdibs.com, Inc. Communication Services	Reduced	1,950,478	-1,338,148	$11,683,363	+37.2%	0.24%
NTR	Nutrien Ltd. Basic Materials	Held	186,640	0	$11,519,420	+5.1%	0.23%