BECK MACK & OLIVER LLC

CIK

10742

Location

NEW YORK, NY

Portfolio Value

Small $240,789,795

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

+42.6%

SPY

+76.5%

Annualised alpha

-8.3%

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

10 positions · $240,789,795 total · Communication Services only · as of Dec 31, 2025

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	281,118	-84,569	$87,989,934	−1.0%	36.54%
GSAT	Globalstar, Inc. Communication Services	Reduced	1,139,151	-30,118	$69,533,777	+63.4%	28.88%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	1,870,720	-163,436	$53,914,150	+35.7%	22.39%
DIBS	1stdibs.com, Inc. Communication Services	Reduced	1,950,478	-1,338,148	$11,683,363	+37.2%	4.85%
VZ	Verizon Communications Inc Communication Services	Reduced	220,121	-2,200	$8,965,528	−8.2%	3.72%
TSQ	Townsquare Media, Inc. Communication Services	Added	1,073,600	+85,000	$5,518,304	−16.9%	2.29%
META	Meta Platforms, Inc. Communication Services	Reduced	2,064	-20	$1,362,425	−11.0%	0.57%
CMCSA	Comcast Corp Communication Services	Added	30,719	+6,257	$860,534	+19.5%	0.36%
DIS	Walt Disney Co Communication Services	Reduced	4,440	-174	$505,138	−4.4%	0.21%
FWONA	Liberty Media Corp Communication Services	Held	5,109	0	$456,642	−6.1%	0.19%