BOYD WATTERSON ASSET MANAGEMENT LLC/OH

CIK

1121477

Location

CLEVELAND, OH

Portfolio Value

Small $278,089,359

Diversification

Diversified

Filing Date

Global Rank

#3,526 / 8,603 ▼ 19 · as of Mar 2026

Top Industry

Drug Manufacturers - General 10.8%

3Y Alpha vs SPY

+0.2%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

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

+76.9%

SPY

+76.0%

Annualised alpha

+0.2%

Max drawdown

−19.7%

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

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

Top Position

8.4%

+0.1 pts

Top 5

29.7%

−3.0 pts

Top 10

45.1%

−3.1 pts

HHI

297

Diversified−33

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.4%	$62,337,730	44
Financial Services	14.9%	$41,438,508	48
Industrials	14.5%	$40,329,105	40
Healthcare	13.3%	$37,082,398	38
Unclassified	11.8%	$32,740,056	6
Communication Services	6.7%	$18,710,663	13
Consumer Cyclical	5.8%	$16,227,922	31
Consumer Defensive	4.6%	$12,827,093	22
Energy	3.0%	$8,389,179	26
Basic Materials	2.0%	$5,616,196	18
Utilities	0.8%	$2,242,362	15
Real Estate	0.1%	$148,147	14

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZBRA	Zebra Technologies Corp	+5,896	8,574	$1,792,651
KMB	Kimberly Clark Corp	+5,066	12,784	$1,233,272
PPG	Ppg Industries Inc	+4,304	10,328	$1,103,856
HPQ	Hp Inc	+3,749	7,865	$151,086
C	Citigroup Inc	+3,662	42,384	$4,806,769
TXN	Texas Instruments Inc	+3,000	9,465	$1,837,535
MAS	Masco Corp /De/	+2,942	15,043	$908,145
BDX	Becton Dickinson & Co	+2,692	9,369	$1,473,087
HON	Honeywell International Inc	+2,262	36,712	$8,702,689
WAT	Waters Corp /De/	+2,211	2,371	$706,083
SCHW	Schwab Charles Corp	+2,058	15,028	$1,412,331
CRM	Salesforce, Inc.	+2,030	12,163	$2,270,467
AMZN	Amazon Com Inc	+1,704	34,655	$7,217,596
TGT	Target Corp	+1,399	9,731	$1,179,397
SHOP	Shopify Inc.	+1,156	27,842	$3,302,618
PEP	Pepsico Inc	+1,125	22,542	$3,500,547
MRSH	Marsh & Mclennan Companies, Inc.	+945	7,736	$1,341,809
TSLA	Tesla, Inc.	+785	2,195	$815,991
IBM	International Business Machines Corp	+682	7,391	$1,791,504
AMD	Advanced Micro Devices Inc	+471	10,555	$2,147,203
MRK	Merck & Co., Inc.	+352	35,559	$4,277,392
UNH	Unitedhealth Group Inc	+279	3,466	$937,864
CMG	Chipotle Mexican Grill Inc	+275	8,373	$268,019
DNP	Dnp Select Income Fund Inc	+254	74,420	$766,526
CRWD	CrowdStrike Holdings, Inc.	+245	8,778	$856,754
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PYPL	PayPal Holdings, Inc.	−9,156	1,809	$81,821
PAYC	Paycom Software, Inc.	−7,387	3,275	$398,043
GOOGL	Alphabet Inc.	−6,841	55,948	$16,088,406
INTC	Intel Corp	−5,523	2,111	$93,158
COIN	Coinbase Global, Inc.	−4,517	431	$75,256
PFE	Pfizer Inc	−3,905	9,670	$271,533
VZ	Verizon Communications Inc	−3,381	7,666	$384,833
AAPL	Apple Inc.	−3,260	25,529	$6,479,004
AVGO	Broadcom Inc.	−3,123	45,271	$14,011,827
CSX	Csx Corp	−3,005	6,651	$273,023
KMI	Kinder Morgan, Inc.	−2,067	4,857	$162,855
DELL	Dell Technologies Inc.	−2,047	2,914	$478,274
BAC	Bank Of America Corp /De/	−2,033	8,566	$417,592
KVUE	Kenvue Inc.	−2,021	10,595	$182,657
SHEL	Shell plc	−2,000	6,526	$606,918
SYY	Sysco Corp	−1,604	1,671	$119,192
AXP	American Express Co	−1,528	26,234	$7,935,260
KO	Coca Cola Co	−1,480	21,856	$1,662,148
CSCO	Cisco Systems, Inc.	−1,429	8,918	$691,947
EXC	Exelon Corp	−1,378	3,688	$180,785
LLY	ELI LILLY & Co	−1,273	9,536	$8,770,926
ETN	Eaton Corp plc	−1,245	24,880	$8,898,829
CARR	CARRIER GLOBAL Corp	−1,205	9,909	$557,975
CVX	Chevron Corp	−1,137	17,528	$3,626,543
WMT	Walmart Inc.	−1,120	9,401	$1,168,356
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
PCTY	Paylocity Holding Corp	5,150	$556,406
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
SCCO	Southern Copper Corp/	430	$60,596
IBIT	iShares Bitcoin Trust ETF	830	$41,209
GAB	Gabelli Equity Trust Inc	5,280	$32,254
CSQ	Calamos Strategic Total Return Fund	500	$9,600
ORI	Old Republic International Corp	200	$9,128
MET	Metlife Inc	100	$7,894
ADX	Adams Diversified Equity Fund, Inc.	300	$6,996
AVY	Avery Dennison Corp	25	$4,547
GUT	Gabelli Utility Trust	720	$4,341
PNR	PENTAIR plc	35	$3,644
USA	Liberty All Star Equity Fund	500	$3,140
GPJA	Georgia Power Co	125	$2,800
GRX	Gabelli Healthcare & WellnessRx Trust	152	$1,463
BTC	Grayscale Bitcoin Mini Trust ETF	36	$1,394
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

315 positions · $278,089,359 total · as of Mar 31, 2026

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

Showing 1–50 of 315 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	35,997	-355	$23,410,288	−5.6%	8.42%
MSFT	Microsoft Corp Technology	Reduced	49,287	-869	$18,244,568	−24.8%	6.56%
GOOGL	Alphabet Inc. Communication Services	Reduced	55,948	-6,841	$16,088,406	−18.1%	5.79%
AVGO	Broadcom Inc. Technology	Reduced	45,271	-3,123	$14,011,827	−16.3%	5.04%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	37,014	-248	$10,888,038	−9.3%	3.92%
ETN	Eaton Corp plc Industrials	Reduced	24,880	-1,245	$8,898,829	+6.9%	3.20%
LLY	ELI LILLY & Co Healthcare	Reduced	9,536	-1,273	$8,770,926	−24.5%	3.15%
HON	Honeywell International Inc Industrials	Added	36,712	+2,262	$8,702,689	+23.5%	3.13%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	13,936	0	$8,595,167	+2.2%	3.09%
AXP	American Express Co Financial Services	Reduced	26,234	-1,528	$7,935,260	−22.7%	2.85%
CAT	Caterpillar Inc Industrials	Reduced	10,305	-461	$7,300,680	+18.4%	2.63%
AMZN	Amazon Com Inc Consumer Cyclical	Added	34,655	+1,704	$7,217,596	−5.1%	2.60%
AAPL	Apple Inc. Technology	Reduced	25,529	-3,260	$6,479,004	−17.2%	2.33%
JNJ	Johnson & Johnson Healthcare	Reduced	21,440	-646	$5,240,793	+14.7%	1.88%
ABBV	AbbVie Inc. Healthcare	Reduced	23,612	-537	$5,135,373	−6.9%	1.85%
C	Citigroup Inc Financial Services	Added	42,384	+3,662	$4,806,769	+6.4%	1.73%
PH	Parker-Hannifin Corp Industrials	Reduced	5,197	-479	$4,652,562	−6.7%	1.67%
V	Visa Inc. Financial Services	Added	15,077	+63	$4,556,872	−13.5%	1.64%
MRK	Merck & Co., Inc. Healthcare	Added	35,559	+352	$4,277,392	+15.4%	1.54%
NVDA	Nvidia Corp Technology	Held	24,180	0	$4,216,992	−6.5%	1.52%
CVX	Chevron Corp Energy	Reduced	17,528	-1,137	$3,626,543	+27.5%	1.30%
PEP	Pepsico Inc Consumer Defensive	Added	22,542	+1,125	$3,500,547	+13.9%	1.26%
GS	Goldman Sachs Group Inc Financial Services	Reduced	3,970	-15	$3,358,580	−4.1%	1.21%
SHOP	Shopify Inc. Technology	Added	27,842	+1,156	$3,302,618	−23.1%	1.19%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	21,866	-87	$3,158,325	+0.4%	1.14%
LIN	Linde PLC Basic Materials	Reduced	6,160	-12	$3,053,881	+16.0%	1.10%
EXPE	Expedia Group, Inc. Consumer Cyclical	Added	11,444	+99	$2,642,305	−17.8%	0.95%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	42,665	-101	$2,587,632	+12.2%	0.93%
EMR	Emerson Electric Co Industrials	Reduced	18,101	-233	$2,371,593	−2.5%	0.85%
CRM	Salesforce, Inc. Technology	Added	12,163	+2,030	$2,270,467	−15.4%	0.82%
AMD	Advanced Micro Devices Inc Technology	Added	10,555	+471	$2,147,203	−0.6%	0.77%
QCOM	Qualcomm Inc/De Technology	Reduced	16,517	-164	$2,127,059	−25.5%	0.76%
PSX	Phillips 66 Energy	Held	11,237	0	$2,047,156	+41.2%	0.74%
ABT	Abbott Laboratories Healthcare	Reduced	19,114	-16	$1,962,434	−18.1%	0.71%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	21,143	+202	$1,951,710	+2.2%	0.70%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	3,790	+19	$1,862,898	−14.7%	0.67%
TXN	Texas Instruments Inc Technology	Added	9,465	+3,000	$1,837,535	+63.8%	0.66%
ZBRA	Zebra Technologies Corp Technology	Added	8,574	+5,896	$1,792,651	+175.7%	0.64%
IBM	International Business Machines Corp Technology	Added	7,391	+682	$1,791,504	−9.9%	0.64%
KO	Coca Cola Co Consumer Defensive	Reduced	21,856	-1,480	$1,662,148	+1.9%	0.60%
NEE	Nextera Energy Inc Utilities	Held	16,752	0	$1,555,925	+15.7%	0.56%
BDX	Becton Dickinson & Co Healthcare	Added	9,369	+2,692	$1,473,087	+44.6%	0.53%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	4,342	-98	$1,428,040	−6.5%	0.51%
SCHW	Schwab Charles Corp Financial Services	Added	15,028	+2,058	$1,412,331	+9.0%	0.51%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	7,736	+945	$1,341,809	+6.5%	0.48%
TT	Trane Technologies plc Industrials	Reduced	3,175	-340	$1,323,149	−3.3%	0.48%
CMI	Cummins Inc Industrials	Reduced	2,346	-253	$1,262,194	−4.9%	0.45%
NFLX	Netflix Inc Communication Services	Held	12,990	0	$1,248,988	+2.5%	0.45%
KMB	Kimberly Clark Corp Consumer Defensive	Added	12,784	+5,066	$1,233,272	+58.4%	0.44%
TGT	Target Corp Consumer Defensive	Added	9,731	+1,399	$1,179,397	+44.8%	0.42%