DERBY & COMPANY, INC

CIK

1086611

Location

NEWTON, MA

Portfolio Value

Small $492,836,940

Diversification

Moderately concentrated

Filing Date

Global Rank

#2,764 / 6,035 ▲ 70 · as of Sep 2021

Top Industry

Asset Management 38.8%

Period ended 5 years ago

Filed Nov 12, 2021 · 4y

7 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2021, never from the firm's own description.

Style

Concentrated

The top 10 positions are 87.8% of the book (60%+)

Turnover

Low turnover

1.8% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 6.7 quarters, but 85.6% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 89.1%; sector active share 60.5% against the combined 13F book's sector weights.

Over time 7 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.

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Portfolio Concentration

77 tracked positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021

Top Position

29.7%

−0.2 pts

Top 5

75.5%

−0.5 pts

Top 10

87.8%

−0.1 pts

HHI

1,774

Moderately concentrated−27

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2021

Sector	% Portfolio	Value	Positions
Unclassified	87.7%	$432,364,446	34
Financial Services	5.8%	$28,661,363	11
Technology	2.4%	$11,839,458	7
Healthcare	1.4%	$6,659,428	7
Communication Services	1.0%	$5,144,205	4
Consumer Cyclical	1.0%	$4,766,293	5
Industrials	0.4%	$2,140,915	6
Consumer Defensive	0.1%	$688,784	2
Real Estate	0.1%	$572,048	1

Last Quarter's Activity

Export CSV

Sep 30, 2021 vs Jun 30, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		+20,410	201,120	$9,935,328
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+19,431	103,122	$8,811,774
BKLN	Invesco Ltd.	+18,119	387,327	$8,563,799
MEAR	iShares Trust	+16,302	43,778	$0
JMST	JPMorgan Ultra-Short Municipal Income ETF	+15,699	50,644	$2,586,642
VIG	Vanguard Specialized Funds	+14,293	433,897	$66,646,579
PXH	Invesco RAFI Emerging Markets ETF	+13,701	311,510	$6,959,133
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	+11,626	173,679	$17,703,100
VTV	VANGUARD VALUE INDEX FUND	+9,720	299,800	$40,583,926
AGG	iShares Core U.S. Aggregate Bond ETF	+9,621	162,509	$18,660,908
VV	VANGUARD LARGE-CAP INDEX FUND	+7,291	322,563	$64,809,357
EFV	iShares MSCI EAFE Value ETF	+6,668	118,089	$6,004,825
IWB	iShares Russell 1000 ETF	+5,310	243,136	$58,768,402
VFH	VANGUARD FINANCIALS INDEX FUND	+5,263	166,423	$15,419,090
SUB	iShares Short-Term National Muni Bond ETF	+4,369	150,946	$16,237,261
GBDC	GOLUB CAPITAL BDC, Inc.	+4,303	941,850	$14,890,648
IWV	iShares Russell 3000 ETF	+3,496	151,427	$38,591,170
—		+2,759	99,642	$15,965,637
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	+1,669	34,963	$3,613,426
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	+1,616	41,466	$4,874,328
IDV	iShares International Select Dividend ETF	+1,343	34,522	$1,050,159
VOE	VANGUARD MID-CAP VALUE INDEX FUND	+1,312	89,072	$12,435,341
IUSV	iShares Core S&P U.S. Value ETF	+1,018	28,894	$2,048,006
AAPL	Apple Inc.	+872	40,196	$5,687,734
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	+623	12,526	$800,160
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
GE	General Electric Co	−19,176	2,736	$281,889
—		−7,697	61,887	$3,191,512
MUB	iShares National Muni Bond ETF	−3,881	27,125	$3,151,111
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−2,613	26,058	$1,427,196
SHY	iShares 1-3 Year Treasury Bond ETF	−249	2,906	$250,351
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
YUM	Yum Brands Inc	1,667	$203,890
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
UNH	Unitedhealth Group Inc	502	$201,020
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

77 tracked positions · $492,836,940 total · filing declares 78 positions · $495,322,000 · as of Sep 30, 2021

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 77 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VIG	Vanguard Specialized Funds	Added	433,897	+14,293	$66,646,579	+2.6%	7+	before history	13.52%
VV	VANGUARD LARGE-CAP INDEX FUND	Added	322,563	+7,291	$64,809,357	+2.4%	7+	before history	13.15%
IWB	iShares Russell 1000 ETF	Added	243,136	+5,310	$58,768,402	+2.1%	7+	before history	11.92%
VTV	VANGUARD VALUE INDEX FUND	Added	299,800	+9,720	$40,583,926	+1.8%	7+	before history	8.23%
IWV	iShares Russell 3000 ETF	Added	151,427	+3,496	$38,591,170	+1.9%	7+	before history	7.83%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	162,509	+9,621	$18,660,908	+5.8%	7+	before history	3.79%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	Added	173,679	+11,626	$17,703,100	+7.1%	7+	before history	3.59%
SUB	iShares Short-Term National Muni Bond ETF	Added	150,946	+4,369	$16,237,261	+2.7%	7+	before history	3.29%
		Added	99,642	+2,759	$15,965,637	−0.6%	5	$107.72	3.24%
VFH	VANGUARD FINANCIALS INDEX FUND	Added	166,423	+5,263	$15,419,090	+5.8%	7+	before history	3.13%
GBDC	GOLUB CAPITAL BDC, Inc. Financial Services	Added	941,850	+4,303	$14,890,648	+3.0%	7+	before history	3.02%
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Added	89,072	+1,312	$12,435,341	+0.9%	7+	before history	2.52%
		Added	201,120	+20,410	$9,935,328	+10.9%	7+	before history	2.02%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Added	103,122	+19,431	$8,811,774	+22.6%	6	$87.07	1.79%
BKLN	Invesco Ltd. Financial Services	Added	387,327	+18,119	$8,563,799	+4.7%	5	$21.88	1.74%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	33,138	+427	$7,358,624	+1.0%	7+	before history	1.49%
PXH	Invesco RAFI Emerging Markets ETF	Added	311,510	+13,701	$6,959,133	+0.1%	7+	before history	1.41%
EFV	iShares MSCI EAFE Value ETF	Added	118,089	+6,668	$6,004,825	+4.1%	5	unpriced	1.22%
AAPL	Apple Inc. Technology	Added	40,196	+872	$5,687,734	+5.6%	7+	before history	1.15%
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	Added	41,466	+1,616	$4,874,328	+0.0%	7+	before history	0.99%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	34,963	+1,669	$3,613,426	+3.6%	7+	before history	0.73%
		Reduced	61,887	-7,697	$3,191,512	−12.0%	7+	before history	0.65%
MUB	iShares National Muni Bond ETF	Reduced	27,125	-3,881	$3,151,111	−13.3%	7+	before history	0.64%
JMST	JPMorgan Ultra-Short Municipal Income ETF	Added	50,644	+15,699	$2,586,642	+45.0%	5	unpriced	0.52%
GOOGL	Alphabet Inc. Communication Services	Held	807	0	$2,157,530	+9.5%	5	$1,890.75	0.44%
IUSV	iShares Core S&P U.S. Value ETF	Added	28,894	+1,018	$2,048,006	+2.1%	3	unpriced	0.42%
GOOG	Alphabet Inc. Communication Services	Held	762	0	$2,031,000	+6.3%	3	unpriced	0.41%
AMZN	Amazon Com Inc Consumer Cyclical	Added	610	+42	$2,003,874	+2.6%	6	$3,025.13	0.41%
SPY	Spdr S&P 500 ETF Trust	Held	4,627	0	$1,985,630	+0.3%	7+	before history	0.40%
CRM	Salesforce, Inc. Technology	Held	7,066	0	$1,916,440	+11.0%	3	$222.62	0.39%
TMO	Thermo Fisher Scientific Inc. Healthcare	Held	3,175	0	$1,813,972	+13.3%	7+	before history	0.37%
ORCL	Oracle Corp Technology	Added	17,896	+21	$1,559,278	+12.1%	3	$64.77	0.32%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	26,058	-2,613	$1,427,196	−10.0%	6	$53.49	0.29%
PYPL	PayPal Holdings, Inc. Financial Services	Held	5,257	0	$1,367,923	−10.7%	3	$252.51	0.28%
DHR	Danaher Corp Healthcare	Held	4,278	0	$1,302,394	+13.4%	7+	before history	0.26%
TJX	Tjx Companies Inc Consumer Cyclical	Held	17,185	0	$1,133,866	−2.1%	7+	before history	0.23%
MTD	Mettler Toledo International Inc Healthcare	Held	806	0	$1,110,152	−0.6%	6	$743.93	0.23%
IDV	iShares International Select Dividend ETF	Added	34,522	+1,343	$1,050,159	−2.3%	5	unpriced	0.21%
REZ	iShares Residential and Multisector Real Estate ETF	Added	12,156	+448	$1,040,188	+6.6%	7+	before history	0.21%
NOW	ServiceNow, Inc. Technology	Held	1,583	0	$985,053	+13.2%	6	$353.07	0.20%
BIO	Bio-Rad Laboratories, Inc. Healthcare	Held	1,300	0	$969,735	+15.8%	6	$441.30	0.20%
STE	STERIS plc Healthcare	Held	4,626	0	$944,999	−1.0%	6	$152.32	0.19%
C	Citigroup Inc Financial Services	Added	13,095	+70	$919,007	−0.3%	7+	before history	0.19%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Added	12,526	+623	$800,160	+6.3%	7+	before history	0.16%
HD	Home Depot, Inc. Consumer Cyclical	Added	2,365	+185	$776,334	+11.7%	6	$239.52	0.16%
MSFT	Microsoft Corp Technology	Added	2,701	+317	$761,465	+17.9%	7+	before history	0.15%
DIS	Walt Disney Co Communication Services	Added	4,291	+96	$725,908	−1.6%	6	$112.28	0.15%
LULU	lululemon athletica inc. Consumer Cyclical	Held	1,602	0	$648,329	+10.9%	6	$255.73	0.13%
CME	Cme Group Inc. Financial Services	Held	3,228	0	$624,230	−9.1%	6	$179.25	0.13%
STWD	Starwood Property Trust, Inc. Real Estate	Held	23,435	0	$572,048	−6.7%	4	$20.63	0.12%

Showing the top 50 of 77 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.