HUTCHINSON CAPITAL MANAGEMENT/CA

CIK

1078246

Location

SAN RAFAEL, CA

Portfolio Value

Small $429,276,117

Diversification

Diversified

Filing Date

Global Rank

#2,841 / 8,605 ▼ 115 · as of Mar 2026

Top Industry

Insurance - Property & Casualty 12.1%

3Y Alpha vs SPY

-11.5%

Period ended 3 months ago

Filed May 12, 2026 · 58d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+29.8%

SPY

+76.5%

Annualised alpha

-11.8%

Max drawdown

−15.7%

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

66 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.0%

−1.1 pts

Top 5

33.4%

−3.2 pts

Top 10

54.4%

−2.0 pts

HHI

438

Diversified−20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	34.0%	$145,968,888	14
Technology	25.4%	$109,039,925	10
Energy	9.1%	$39,191,918	4
Healthcare	9.0%	$38,558,400	10
Industrials	8.5%	$36,683,130	7
Communication Services	7.5%	$32,171,557	3
Consumer Cyclical	4.0%	$16,998,814	6
Unclassified	1.4%	$6,035,859	4
Consumer Defensive	1.0%	$4,278,074	6
Utilities	0.1%	$299,788	1
Basic Materials	0.0%	$49,764	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	+36,904	111,834	$13,219,897
ADBE	Adobe Inc.	+10,500	53,893	$13,100,310
AMZN	Amazon Com Inc	+9,095	74,007	$15,413,437
MSFT	Microsoft Corp	+3,046	69,843	$25,853,783
ACN	Accenture plc	+430	52,130	$10,336,857
MRK	Merck & Co., Inc.	+31	2,335	$280,877
PM	Philip Morris International Inc.	+26	1,295	$214,115
YUM	Yum Brands Inc	+23	1,397	$217,205
UNP	Union Pacific Corp	+22	4,674	$1,134,005
RSG	Republic Services, Inc.	+20	1,107	$242,455
MCD	Mcdonalds Corp	+18	1,314	$408,378
MA	Mastercard Inc	+17	414	$206,859
ORLY	O Reilly Automotive Inc	+10	2,965	$273,699
V	Visa Inc.	+9	3,018	$912,160
NVDA	Nvidia Corp	+6	2,234	$389,609
MRSH	Marsh & Mclennan Companies, Inc.	+1	1,999	$346,726
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBUX	Starbucks Corp	−155,620	4,167	$373,321
BAC	Bank Of America Corp /De/	−124,124	427,690	$20,849,887
GOOGL	Alphabet Inc.	−30,455	109,552	$31,502,773
NVO	Novo Nordisk A S	−5,513	194,428	$7,145,229
J	Jacobs Solutions Inc.	−2,780	137,768	$17,535,111
WRB	Berkley W R Corp	−2,072	232,906	$15,437,009
WFC	Wells Fargo & Company/Mn	−2,065	92,364	$7,353,098
PFE	Pfizer Inc	−1,851	18,923	$531,357
AAPL	Apple Inc.	−1,755	117,025	$29,699,774
VRSN	Verisign Inc/Ca	−1,282	55,869	$13,875,624
XOM	Exxon Mobil Corp	−1,070	128,591	$21,816,749
COF	Capital One Financial Corp	−1,040	70,984	$12,949,611
VLO	Valero Energy Corp/Tx	−898	55,019	$13,594,094
PGR	Progressive Corp/Oh/	−866	101,419	$20,105,302
BRK-B	Berkshire Hathaway Inc	−718	71,628	$34,324,137
WAT	Waters Corp /De/	−716	46,974	$13,988,857
SPY	Spdr S&P 500 ETF Trust	−630	2,199	$1,430,097
PG	PROCTER & GAMBLE Co	−467	9,468	$1,367,557
HUBB	Hubbell Inc	−447	30,794	$15,111,847
JPM	Jpmorgan Chase & Co	−300	4,563	$1,342,252
HD	Home Depot, Inc.	−125	951	$312,774
MKL	Markel Group Inc.	−72	8,150	$15,599,669
CAT	Caterpillar Inc	−53	932	$660,284
BNY	Bank of New York Mellon Corp	−25	1,889	$224,092
PEP	Pepsico Inc	−15	2,892	$449,098
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AVGO	Broadcom Inc.	42,704	$13,217,315
PSX	Phillips 66	1,407	$256,327
BMY	Bristol Myers Squibb Co	3,618	$219,431
GLD	Spdr Gold Trust	485	$208,690
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
DEO	Diageo PLC	91,607	$7,902,935
GE	General Electric Co	754	$232,254
AXP	American Express Co	574	$212,351
SCHW	Schwab Charles Corp	2,108	$210,610
RTX	RTX Corp	1,140	$209,076
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 positions · $429,276,117 total · as of Mar 31, 2026

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

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	71,628	-718	$34,324,137	−5.6%	8.00%
GOOGL	Alphabet Inc. Communication Services	Reduced	109,552	-30,455	$31,502,773	−28.1%	7.34%
AAPL	Apple Inc. Technology	Reduced	117,025	-1,755	$29,699,774	−8.0%	6.92%
MSFT	Microsoft Corp Technology	Added	69,843	+3,046	$25,853,783	−20.0%	6.02%
XOM	Exxon Mobil Corp Energy	Reduced	128,591	-1,070	$21,816,749	+39.8%	5.08%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	427,690	-124,124	$20,849,887	−31.3%	4.86%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	101,419	-866	$20,105,302	−13.7%	4.68%
J	Jacobs Solutions Inc. Industrials	Reduced	137,768	-2,780	$17,535,111	−5.8%	4.08%
BHRB	Burke & Herbert Financial Services Corp. Financial Services	Held	258,080	0	$16,075,803	−0.0%	3.74%
MKL	Markel Group Inc. Financial Services	Reduced	8,150	-72	$15,599,669	−11.7%	3.63%
WRB	Berkley W R Corp Financial Services	Reduced	232,906	-2,072	$15,437,009	−6.3%	3.60%
AMZN	Amazon Com Inc Consumer Cyclical	Added	74,007	+9,095	$15,413,437	+2.9%	3.59%
HUBB	Hubbell Inc Industrials	Reduced	30,794	-447	$15,111,847	+8.9%	3.52%
WAT	Waters Corp /De/ Healthcare	Reduced	46,974	-716	$13,988,857	−22.8%	3.26%
VRSN	Verisign Inc/Ca Technology	Reduced	55,869	-1,282	$13,875,624	−0.1%	3.23%
VLO	Valero Energy Corp/Tx Energy	Reduced	55,019	-898	$13,594,094	+49.3%	3.17%
ZTS	Zoetis Inc. Healthcare	Added	111,834	+36,904	$13,219,897	+40.2%	3.08%
AVGO	Broadcom Inc. Technology	NEW	42,704	NEW	$13,217,315	NEW	3.08%
ADBE	Adobe Inc. Technology	Added	53,893	+10,500	$13,100,310	−13.7%	3.05%
COF	Capital One Financial Corp Financial Services	Reduced	70,984	-1,040	$12,949,611	−25.8%	3.02%
ACN	Accenture plc Technology	Added	52,130	+430	$10,336,857	−25.5%	2.41%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	92,364	-2,065	$7,353,098	−16.4%	1.71%
NVO	Novo Nordisk A S Healthcare	Reduced	194,428	-5,513	$7,145,229	−29.8%	1.66%
CVX	Chevron Corp Energy	Reduced	17,036	-7	$3,524,748	+35.7%	0.82%
GLDM	World Gold Trust	Held	25,437	0	$2,357,755	+8.6%	0.55%
IAU	Ishares Gold Trust	Held	23,132	0	$2,039,317	+8.6%	0.48%
JNJ	Johnson & Johnson Healthcare	Held	6,979	0	$1,705,946	+18.1%	0.40%
BA	Boeing Co Industrials	Held	7,599	0	$1,512,428	−8.3%	0.35%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,199	-630	$1,430,097	−25.9%	0.33%
GLW	Corning Inc /Ny Technology	Held	10,426	0	$1,417,623	+55.3%	0.33%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	9,468	-467	$1,367,557	−3.9%	0.32%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	4,563	-300	$1,342,252	−14.3%	0.31%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,224	-2	$1,219,630	+15.4%	0.28%
UNP	Union Pacific Corp Industrials	Added	4,674	+22	$1,134,005	+5.4%	0.26%
IBM	International Business Machines Corp Technology	Reduced	3,777	-4	$915,507	−18.3%	0.21%
V	Visa Inc. Financial Services	Added	3,018	+9	$912,160	−13.6%	0.21%
KO	Coca Cola Co Consumer Defensive	Held	9,358	0	$711,675	+8.8%	0.17%
CAT	Caterpillar Inc Industrials	Reduced	932	-53	$660,284	+17.0%	0.15%
VEEV	Veeva Systems Inc Healthcare	Reduced	3,121	-4	$548,234	−21.4%	0.13%
PFE	Pfizer Inc Healthcare	Reduced	18,923	-1,851	$531,357	+2.7%	0.12%
ROK	Rockwell Automation, Inc Industrials	Held	1,357	0	$487,000	−7.8%	0.11%
AMGN	Amgen Inc Healthcare	Held	1,369	0	$481,682	+7.5%	0.11%
PEP	Pepsico Inc Consumer Defensive	Reduced	2,892	-15	$449,098	+7.6%	0.10%
LLY	ELI LILLY & Co Healthcare	Reduced	475	-1	$436,890	−14.6%	0.10%
DIS	Walt Disney Co Communication Services	Reduced	4,339	-10	$418,192	−15.5%	0.10%
MCD	Mcdonalds Corp Consumer Cyclical	Added	1,314	+18	$408,378	+3.1%	0.10%
NVDA	Nvidia Corp Technology	Added	2,234	+6	$389,609	−6.2%	0.09%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	4,167	-155,620	$373,321	−97.2%	0.09%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	1,999	+1	$346,726	−6.5%	0.08%
PFGC	Performance Food Group Co Consumer Defensive	Held	3,689	0	$315,999	−4.7%	0.07%