TOWER BRIDGE ADVISORS

CIK

1278249

Location

WEST CONSHOHOCKEN, PA

Portfolio Value

Small $892,185,681

Diversification

Diversified

Filing Date

Global Rank

#1,874 / 8,603 ▲ 55 · as of Mar 2026

Top Industry

Software - Infrastructure 8.5%

3Y Alpha vs SPY

-6.7%

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

+48.3%

SPY

+76.0%

Annualised alpha

-6.7%

Max drawdown

−16.2%

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

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

Top Position

6.1%

−1.5 pts

Top 5

23.4%

−3.4 pts

Top 10

34.9%

−3.2 pts

HHI

203

Diversified−35

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.0%	$241,319,254	24
Financial Services	17.2%	$153,627,340	33
Industrials	13.8%	$123,257,103	27
Healthcare	12.3%	$109,352,665	18
Consumer Cyclical	7.4%	$66,146,810	10
Consumer Defensive	7.2%	$63,888,358	14
Communication Services	4.6%	$41,234,311	9
Energy	4.4%	$39,544,888	10
Utilities	2.8%	$25,385,485	8
Basic Materials	1.4%	$12,768,703	8
Unclassified	1.1%	$9,978,221	5
Real Estate	0.6%	$5,682,543	7

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
UPS	United Parcel Service Inc	+36,892	66,288	$6,521,413
DUK	Duke Energy CORP	+10,055	88,104	$11,536,337
WM	Waste Management Inc	+8,089	29,302	$6,733,306
ENB	Enbridge Inc	+7,208	72,418	$3,920,710
WMT	Walmart Inc.	+6,223	64,974	$8,074,968
WMB	Williams Companies, Inc.	+5,885	10,864	$790,681
AMZN	Amazon Com Inc	+4,926	55,692	$11,598,972
SO	Southern Co	+4,710	17,079	$1,648,465
SCHW	Schwab Charles Corp	+4,505	123,790	$11,633,784
NVDA	Nvidia Corp	+4,300	52,285	$9,118,504
AAPL	Apple Inc.	+3,557	214,146	$54,348,113
APH	Amphenol Corp /De/	+3,195	13,170	$1,664,029
PHYS	Sprott Physical Gold Trust	+3,101	13,101	$464,299
ABT	Abbott Laboratories	+3,015	49,880	$5,121,179
RTX	RTX Corp	+2,579	105,144	$20,282,277
AGI	Alamos Gold Inc	+2,500	12,500	$555,375
PEP	Pepsico Inc	+2,438	87,426	$13,576,382
CVX	Chevron Corp	+2,379	56,765	$11,744,678
TFC	Truist Financial Corp	+2,370	10,190	$468,434
BSX	Boston Scientific Corp	+2,150	13,250	$831,437
NEE	Nextera Energy Inc	+2,145	102,289	$9,500,602
BAC	Bank Of America Corp /De/	+2,008	76,628	$3,735,615
HON	Honeywell International Inc	+1,946	34,038	$8,068,810
J	Jacobs Solutions Inc.	+1,924	120,052	$15,280,218
MSFT	Microsoft Corp	+1,891	143,677	$53,184,914
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LRCX	Lam Research Corp	−26,803	106,918	$22,844,099
PFE	Pfizer Inc	−8,991	41,109	$1,154,340
BRO	Brown & Brown, Inc.	−6,554	61,416	$4,004,937
EPD	Enterprise Products Partners L.P.	−3,000	129,635	$4,905,388
UL	Unilever PLC	−2,843	10,994	$626,328
VZ	Verizon Communications Inc	−2,113	13,668	$686,133
DHR	Danaher Corp /De/	−2,041	37,511	$7,112,085
SOLS	Solstice Advanced Materials Inc.	−1,890	4,579	$348,736
MO	Altria Group, Inc.	−1,675	7,684	$507,067
DIS	Walt Disney Co	−1,600	6,928	$667,720
PRU	Prudential Financial Inc	−1,599	5,750	$561,717
T	At&T Inc.	−1,300	20,598	$597,136
CDW	CDW Corp	−1,220	11,185	$1,353,608
CARR	CARRIER GLOBAL Corp	−1,175	10,359	$583,315
ARCO	Arcos Dorados Holdings Inc.	−1,068	10,000	$82,500
IBM	International Business Machines Corp	−1,000	10,038	$2,433,110
ZETA	Zeta Global Holdings Corp.	−1,000	11,600	$184,672
MKC	Mccormick & Co Inc	−1,000	8,986	$453,253
MDLZ	Mondelez International, Inc.	−997	59,518	$3,430,617
CSCO	Cisco Systems, Inc.	−925	57,317	$4,447,226
PSX	Phillips 66	−849	9,299	$1,694,091
ABBV	AbbVie Inc.	−700	39,323	$8,552,359
MRK	Merck & Co., Inc.	−684	35,251	$4,240,342
MDT	Medtronic plc	−630	37,203	$3,223,639
ITW	Illinois Tool Works Inc	−600	1,914	$498,195
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	8,879	$5,774,368
MDY	Spdr S&P Midcap 400 ETF Trust	2,516	$1,551,768
WAT	Waters Corp /De/	4,748	$1,413,954
QQQ	Invesco Qqq Trust, Series 1	2,287	$1,320,010
GLDM	World Gold Trust	7,965	$738,275
GLD	Spdr Gold Trust	1,380	$593,800
CCS	Century Communities, Inc.	10,000	$573,800
MTH	Meritage Homes CORP	8,000	$494,720
NEA	Nuveen AMT-Free Quality Municipal Income Fund	24,629	$276,583
PECO	Phillips Edison & Company, Inc.	6,350	$237,617
EQIX	Equinix Inc	235	$230,356
FCX	Freeport-Mcmoran Inc	3,800	$223,364
DELL	Dell Technologies Inc.	1,350	$221,575
SYY	Sysco Corp	2,982	$212,706
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CEG	Constellation Energy Corp	826	$291,801
OTIS	Otis Worldwide Corp	3,034	$265,019
CVS	CVS HEALTH Corp	3,152	$250,142
TSCO	Tractor Supply Co /De/	4,125	$206,291
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

173 positions · $892,185,681 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 173 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	214,146	+3,557	$54,348,113	−5.1%	6.09%
MSFT	Microsoft Corp Technology	Added	143,677	+1,891	$53,184,914	−22.4%	5.96%
AVGO	Broadcom Inc. Technology	Reduced	133,287	-576	$41,253,659	−11.0%	4.62%
JPM	Jpmorgan Chase & Co Financial Services	Added	125,531	+1,485	$36,926,198	−7.6%	4.14%
LRCX	Lam Research Corp Technology	Reduced	106,918	-26,803	$22,844,099	−0.2%	2.56%
ORCL	Oracle Corp Technology	Added	148,613	+471	$21,862,458	−24.3%	2.45%
JNJ	Johnson & Johnson Healthcare	Added	89,249	+1,444	$21,816,024	+20.1%	2.45%
MCD	Mcdonalds Corp Consumer Cyclical	Added	65,893	+651	$20,478,885	+2.7%	2.30%
RTX	RTX Corp Industrials	Added	105,144	+2,579	$20,282,277	+7.8%	2.27%
V	Visa Inc. Financial Services	Reduced	59,330	-162	$17,931,899	−14.1%	2.01%
GOOGL	Alphabet Inc. Communication Services	Reduced	54,515	-478	$15,676,333	−8.9%	1.76%
J	Jacobs Solutions Inc. Industrials	Added	120,052	+1,924	$15,280,218	−2.3%	1.71%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	90,289	+675	$14,200,653	−2.2%	1.59%
PEP	Pepsico Inc Consumer Defensive	Added	87,426	+2,438	$13,576,382	+11.3%	1.52%
ETN	Eaton Corp plc Industrials	Added	37,865	+634	$13,543,174	+14.2%	1.52%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	27,200	+1,075	$13,369,616	−11.7%	1.50%
CVX	Chevron Corp Energy	Added	56,765	+2,379	$11,744,678	+41.7%	1.32%
SCHW	Schwab Charles Corp Financial Services	Added	123,790	+4,505	$11,633,784	−2.4%	1.30%
AMZN	Amazon Com Inc Consumer Cyclical	Added	55,692	+4,926	$11,598,972	−1.0%	1.30%
DUK	Duke Energy CORP Utilities	Added	88,104	+10,055	$11,536,337	+26.1%	1.29%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	79,548	+947	$11,489,912	+2.0%	1.29%
ACN	Accenture plc Technology	Reduced	57,573	-66	$11,416,149	−26.2%	1.28%
IQV	Iqvia Holdings Inc. Healthcare	Added	66,262	+296	$11,300,321	−24.0%	1.27%
META	Meta Platforms, Inc. Communication Services	Reduced	19,631	-63	$11,231,484	−13.6%	1.26%
NVS	Novartis AG Healthcare	Added	71,531	+630	$10,926,359	+11.8%	1.22%
LOW	Lowes Companies Inc Consumer Cyclical	Added	46,189	+843	$10,913,536	−0.2%	1.22%
AON	Aon plc Financial Services	Added	33,476	+114	$10,805,383	−8.2%	1.21%
KO	Coca Cola Co Consumer Defensive	Added	140,362	+614	$10,674,529	+9.3%	1.20%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	50,312	-123	$10,567,029	+3.2%	1.18%
TOL	Toll Brothers, Inc. Consumer Cyclical	Reduced	75,591	-306	$10,315,903	+0.5%	1.16%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	10,146	-18	$10,109,778	+15.3%	1.13%
NEE	Nextera Energy Inc Utilities	Added	102,289	+2,145	$9,500,602	+18.2%	1.06%
NVDA	Nvidia Corp Technology	Added	52,285	+4,300	$9,118,504	+1.9%	1.02%
PH	Parker-Hannifin Corp Industrials	Added	9,759	+28	$8,736,647	+2.1%	0.98%
ABBV	AbbVie Inc. Healthcare	Reduced	39,323	-700	$8,552,359	−6.5%	0.96%
WMT	Walmart Inc. Consumer Defensive	Added	64,974	+6,223	$8,074,968	+23.4%	0.91%
HON	Honeywell International Inc Industrials	Added	34,038	+1,946	$8,068,810	+22.9%	0.90%
MCO	Moodys Corp /De/ Financial Services	Added	17,997	+1,806	$7,851,191	−5.1%	0.88%
OKE	Oneok Inc /New/ Energy	Added	84,916	+705	$7,675,557	+24.0%	0.86%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	21,633	-50	$7,466,629	+17.3%	0.84%
CME	Cme Group Inc. Financial Services	Added	25,233	+252	$7,452,566	+9.2%	0.84%
ADI	Analog Devices Inc Technology	Added	22,994	+1,335	$7,315,311	+24.5%	0.82%
DHR	Danaher Corp /De/ Healthcare	Reduced	37,511	-2,041	$7,112,085	−21.5%	0.80%
HD	Home Depot, Inc. Consumer Cyclical	Added	20,490	+280	$6,738,956	−3.1%	0.76%
WM	Waste Management Inc Industrials	Added	29,302	+8,089	$6,733,306	+44.5%	0.75%
UPS	United Parcel Service Inc Industrials	Added	66,288	+36,892	$6,521,413	+123.7%	0.73%
LLY	ELI LILLY & Co Healthcare	Reduced	6,681	-10	$6,144,983	−14.5%	0.69%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	12,426	0	$5,954,539	−4.7%	0.67%
WSO	Watsco Inc Industrials	Added	16,196	+384	$5,891,942	+10.6%	0.66%
BDX	Becton Dickinson & Co Healthcare	Reduced	37,285	-341	$5,862,320	+2.1%	0.66%