Kimelman & Baird, LLC

CIK

1318103

Location

New York, NY

Portfolio Value

Mid $1,212,071,334

Diversification

Diversified

Filing Date

Global Rank

#1,595 / 8,605 ▼ 13 · as of Mar 2026

Top Industry

Banks - Diversified 8.3%

3Y Alpha vs SPY

-6.6%

Period ended 3 months ago

Filed May 13, 2026 · 57d

9 quarters · since Jun 2021

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

+49.0%

SPY

+76.5%

Annualised alpha

-6.6%

Max drawdown

−18.2%

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

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

Top Position

5.8%

−0.2 pts

Top 5

25.1%

−0.3 pts

Top 10

42.9%

−1.4 pts

HHI

293

Diversified−17

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	20.9%	$253,465,498	32
Financial Services	18.5%	$224,539,611	31
Technology	18.5%	$223,775,227	34
Consumer Cyclical	15.8%	$191,464,765	25
Healthcare	8.5%	$102,688,148	25
Consumer Defensive	6.2%	$74,603,025	24
Communication Services	5.0%	$60,955,895	15
Energy	2.8%	$34,298,501	15
Basic Materials	2.7%	$33,048,073	18
Utilities	0.7%	$8,921,599	14
Unclassified	0.2%	$2,675,635	3
Real Estate	0.1%	$1,635,357	4

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
DMRC	Digimarc Corp	+157,878	838,695	$4,117,992
CSCO	Cisco Systems, Inc.	+77,343	97,254	$7,545,937
ENPH	Enphase Energy, Inc.	+17,572	17,627	$666,476
NVDA	Nvidia Corp	+16,361	84,120	$14,670,528
REGN	Regeneron Pharmaceuticals, Inc.	+10,542	10,856	$8,387,779
NKE	NIKE, Inc.	+5,057	189,994	$10,035,483
AXP	American Express Co	+3,204	9,291	$2,810,341
PLTR	Palantir Technologies Inc.	+1,853	2,473	$361,750
NOW	ServiceNow, Inc.	+1,640	1,645	$171,984
FNLC	First Bancorp, Inc /ME/	+1,500	35,625	$998,568
UTZ	Utz Brands, Inc.	+1,500	55,984	$443,393
DIS	Walt Disney Co	+851	132,796	$12,798,878
NEM	NEWMONT Corp /DE/	+770	2,130	$230,572
IBM	International Business Machines Corp	+746	105,665	$25,612,139
MDT	Medtronic plc	+500	169,890	$14,720,968
WMT	Walmart Inc.	+424	1,709	$212,394
LIN	Linde PLC	+304	35,799	$17,747,712
PG	PROCTER & GAMBLE Co	+144	19,804	$2,860,489
NFLX	Netflix Inc	+95	3,395	$326,429
VZ	Verizon Communications Inc	+88	2,044	$102,608
ORCL	Oracle Corp	+76	81	$11,915
PEP	Pepsico Inc	+75	2,323	$360,738
JNJ	Johnson & Johnson	+54	10,450	$2,554,398
LOW	Lowes Companies Inc	+45	215	$50,800
CAT	Caterpillar Inc	+24	124	$87,849
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NSC	Norfolk Southern Corp	−56,780	100	$28,700
OPLN	OPENLANE, Inc.	−29,956	779,884	$22,733,618
SOLS	Solstice Advanced Materials Inc.	−27,048	1,447	$110,203
JPM	Jpmorgan Chase & Co	−23,592	207,978	$61,178,808
WCN	Waste Connections, Inc.	−8,357	181,042	$29,408,462
SW	Smurfit Westrock plc	−7,700	550	$21,917
MA	Mastercard Inc	−7,608	70,961	$35,456,373
WEN	Wendy's Co	−7,000	50,355	$349,967
CAG	Conagra Brands Inc.	−6,820	100	$1,572
AAPL	Apple Inc.	−6,116	278,161	$70,594,480
WM	Waste Management Inc	−4,486	206,687	$47,494,605
V	Visa Inc.	−4,154	102,032	$30,838,151
MMM	3M Co	−4,000	800	$116,184
CPRT	Copart Inc	−3,572	1,232,861	$40,930,985
MSFT	Microsoft Corp	−3,237	117,857	$43,627,125
KMB	Kimberly Clark Corp	−3,000	1,350	$130,234
TJX	Tjx Companies Inc /De/	−2,692	329,412	$52,607,096
BAC	Bank Of America Corp /De/	−2,293	791,701	$38,595,423
OEC	Orion S.A.	−2,000	500	$3,250
STE	STERIS plc	−1,992	12,666	$2,800,832
GOOGL	Alphabet Inc.	−1,970	158,153	$45,478,476
PFE	Pfizer Inc	−1,915	42,976	$1,206,766
LLY	ELI LILLY & Co	−1,554	40,324	$37,088,805
ASH	Ashland Inc.	−1,450	2,732	$151,926
DOW	Dow Inc.	−1,367	12,728	$530,121
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
TRV	Travelers Companies, Inc.	8,514	$2,483,363
RTX	RTX Corp	537	$103,587
IP	International Paper Co /New/	1,450	$51,765
TGT	Target Corp	200	$24,240
MS	Morgan Stanley	120	$19,748
LMT	Lockheed Martin Corp	30	$18,131
GLW	Corning Inc /Ny	83	$11,285
VLO	Valero Energy Corp/Tx	45	$11,118
AVGO	Broadcom Inc.	33	$10,213
ACVA	ACV Auctions Inc.	1,905	$8,077
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	1,997	$202,815
INTU	Intuit Inc.	75	$49,681
CDW	CDW Corp	250	$34,050
ROP	Roper Technologies Inc	75	$33,384
EL	Estee Lauder Companies Inc	300	$31,416
MOS	Mosaic Co	1,200	$28,908
FISV	Fiserv Inc	400	$26,868
MRP	Millrose Properties, Inc.	412	$12,306
CC	Chemours Co	100	$1,179
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

240 positions · $1,212,071,334 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 240 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	278,161	-6,116	$70,594,480	−8.7%	5.82%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	62,722	-367	$62,498,082	+14.9%	5.16%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	207,978	-23,592	$61,178,808	−18.0%	5.05%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	274,403	-1,013	$57,149,912	−10.1%	4.72%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	329,412	-2,692	$52,607,096	+3.1%	4.34%
WM	Waste Management Inc Industrials	Reduced	206,687	-4,486	$47,494,605	+2.4%	3.92%
GOOGL	Alphabet Inc. Communication Services	Reduced	158,153	-1,970	$45,478,476	−9.3%	3.75%
MSFT	Microsoft Corp Technology	Reduced	117,857	-3,237	$43,627,125	−25.5%	3.60%
CPRT	Copart Inc Industrials	Reduced	1,232,861	-3,572	$40,930,985	−15.4%	3.38%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	117,361	-691	$38,598,859	−5.0%	3.18%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	791,701	-2,293	$38,595,423	−11.6%	3.18%
LLY	ELI LILLY & Co Healthcare	Reduced	40,324	-1,554	$37,088,805	−17.6%	3.06%
BX	Blackstone Inc. Financial Services	Reduced	312,666	-1,109	$35,953,463	−25.7%	2.97%
MA	Mastercard Inc Financial Services	Reduced	70,961	-7,608	$35,456,373	−21.0%	2.93%
V	Visa Inc. Financial Services	Reduced	102,032	-4,154	$30,838,151	−17.2%	2.54%
HON	Honeywell International Inc Industrials	Reduced	129,687	-176	$30,742,692	+15.7%	2.54%
WCN	Waste Connections, Inc. Industrials	Reduced	181,042	-8,357	$29,408,462	−11.5%	2.43%
IBM	International Business Machines Corp Technology	Added	105,665	+746	$25,612,139	−17.6%	2.11%
UNP	Union Pacific Corp Industrials	Held	102,304	0	$24,820,996	+4.9%	2.05%
MRVL	Marvell Technology, Inc. Technology	Reduced	246,782	-280	$24,443,757	+16.4%	2.02%
UBER	Uber Technologies, Inc Technology	Reduced	338,651	-27	$24,359,166	−12.0%	2.01%
BA	Boeing Co Industrials	Reduced	117,128	-143	$23,311,985	−8.4%	1.92%
OPLN	OPENLANE, Inc. Consumer Cyclical	Reduced	779,884	-29,956	$22,733,618	−5.7%	1.88%
OC	Owens Corning Industrials	Reduced	196,230	-906	$21,236,010	−3.7%	1.75%
DOV	DOVER Corp Industrials	Held	96,000	0	$20,011,200	+6.8%	1.65%
MRK	Merck & Co., Inc. Healthcare	Held	160,179	0	$19,267,931	+14.3%	1.59%
LIN	Linde PLC Basic Materials	Added	35,799	+304	$17,747,712	+17.3%	1.46%
XOM	Exxon Mobil Corp Energy	Held	97,180	0	$16,487,558	+41.0%	1.36%
MDT	Medtronic plc Healthcare	Added	169,890	+500	$14,720,968	−9.5%	1.21%
NVDA	Nvidia Corp Technology	Added	84,120	+16,361	$14,670,528	+16.1%	1.21%
DIS	Walt Disney Co Communication Services	Added	132,796	+851	$12,798,878	−14.7%	1.06%
NKE	NIKE, Inc. Consumer Cyclical	Added	189,994	+5,057	$10,035,483	−14.8%	0.83%
EMR	Emerson Electric Co Industrials	Held	68,585	0	$8,986,006	−1.3%	0.74%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	10,856	+10,542	$8,387,779	+3360.8%	0.69%
CVX	Chevron Corp Energy	Reduced	40,433	-220	$8,365,587	+35.0%	0.69%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	26,901	-419	$8,360,561	+0.1%	0.69%
CSCO	Cisco Systems, Inc. Technology	Added	97,254	+77,343	$7,545,937	+392.0%	0.62%
ABBV	AbbVie Inc. Healthcare	Held	30,656	0	$6,667,373	−4.8%	0.55%
CAC	Camden National Corp Financial Services	Reduced	138,339	-1,020	$6,564,185	+8.6%	0.54%
NEE	Nextera Energy Inc Utilities	Held	68,424	0	$6,355,221	+15.7%	0.52%
NUE	Nucor Corp Basic Materials	Held	37,465	0	$6,335,331	+3.7%	0.52%
MTB	M&T Bank Corp Financial Services	Held	29,950	0	$6,191,264	+2.6%	0.51%
SHEL	Shell plc Energy	Held	66,176	0	$6,154,368	+26.6%	0.51%
AMGN	Amgen Inc Healthcare	Held	14,240	0	$5,010,344	+7.5%	0.41%
DMRC	Digimarc Corp Technology	Added	838,695	+157,878	$4,117,992	−7.8%	0.34%
STX	Seagate Technology Holdings plc Technology	Held	9,025	0	$3,535,634	+42.3%	0.29%
GE	General Electric Co Industrials	Held	10,299	0	$2,922,547	−7.9%	0.24%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	19,804	+144	$2,860,489	+1.5%	0.24%
AXP	American Express Co Financial Services	Added	9,291	+3,204	$2,810,341	+24.8%	0.23%
STE	STERIS plc Healthcare	Reduced	12,666	-1,992	$2,800,832	−24.6%	0.23%